12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 15 (Islamic Banking)

ICOM Part 2 English Medium Principles of Banking Chapter 15 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test

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Question # 1

The Islamic ideology council presents its formal report for Islamic banking in

Question # 2

In Pakistan, the interest free modes of financing have been divided into

Question # 3

The services provided by online banking includes.

Question # 4

The merits of credit card.

Question # 5

When was the process of Islamization of banking started in Pakistan

Question # 6

Under Islamic modes of financing, lending includes

Question # 7

The purpose of using credit card is.

Question # 8

The products of E-Banking are.

Question # 9

IDB was opened on

Question # 10

Trade related Islamic modes of financing do not include

Question # 11

To meet the modern banking transactions Requirements SBP introduced.

Question # 12

The features of debit card, credit card and ATM card.

Question # 13

A Modarba may by for

Question # 14

The advantages of E-Banking are.

Question # 15

What is necessary to withdraw money through ATM.

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ICOM Part 2 English Medium Principles of Banking Chapter 15 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 Who can issue participation term certificates
A. Firm
B. Company
C. Cooperative society
D. All the above
2 Trade related Islamic modes of financing do not include
A. Musharika
B. Mark up
C. Leasing
D. Hire-purchase
3 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
4 In Pakistan, the interest free modes of financing have been divided into
A. Two groups
B. Three groups
C. Four groups
D. None of these
5 When was the process of Islamization of banking started in Pakistan
A. 1977
B. 1980
C. 1982
D. 1982
6 Under Islamic modes of financing, lending includes
A. Service charges
B. Qarze-Hasna
C. Both a and b
D. None of the above
7 Electronic banking transaction Ordinance is.
A. 1974
B. 2002
C. 1984
D. 1962
8 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
9 The services provided by online banking includes.
A. Depositing money
B. Transfer money
C. With draw money
D. All of these
10 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French

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