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

To meet the modern banking transactions Requirements SBP introduced.

Question # 2

A Modarba may by for

Question # 3

PTC are issued in place of

Question # 4

Riba is the word of following language

Question # 5

IDB provides finance to

Question # 6

Who can issue participation term certificates

Question # 7

In Pakistan "ATM' was first of an introduced Ltd.

Question # 8

The head office of IDB is in

Question # 9

The currency unit of the capital of IDB is

Question # 10

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

Question # 11

What is necessary to withdraw money through ATM.

Question # 12

The facilities provide d by ATM machine includes

Question # 13

When was the process of Islamization of banking started in Pakistan

Question # 14

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

Question # 15

Trade related Islamic modes of financing do not include

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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 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
2 In Pakistan "ATM' was first of an introduced Ltd.
A. Habib Bnak Ltd.
B. Allied Bank Ltd.
C. Muslim Commercial Bank Ltd.
D. National Bank of Pakistan.
3 Under Islamic modes of financing, lending includes
A. Service charges
B. Qarze-Hasna
C. Both a and b
D. None of the above
4 Which of the following is not use to E-Banking .
A. ATM card
B. Credit card
C. Cheque
D. Debit cards
5 IDB provides finance to
A. All countries
B. Asian countries
C. Europian countries
D. Member Muslim Countries
6 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
7 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French
8 When was the process of Islamization of banking started in Pakistan
A. 1977
B. 1980
C. 1982
D. 1982
9 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
10 The products of E-Banking are.
A. ATM cards
B. Credit cards
C. Debt cards
D. All of these

Test Questions

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