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

A Modarba may by for

Question # 2

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

Question # 3

The merits of credit card.

Question # 4

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

Question # 5

Trade related Islamic modes of financing do not include

Question # 6

Qarz-Hasna is available for the studies of

Question # 7

Electronic banking transaction Ordinance is.

Question # 8

Under Islamic modes of financing, lending includes

Question # 9

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

Question # 10

The currency unit of the capital of IDB is

Question # 11

IDB was opened on

Question # 12

The products of E-Banking are.

Question # 13

Which of the following is not use to E-Banking .

Question # 14

The charge or price for the use of money is called

Question # 15

The purpose of using credit card is.

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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 merits of credit card.
A. Easy payment
B. Proof of payment
C. Loan Facility
D. All of these
2 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
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 Trade related Islamic modes of financing do not include
A. Musharika
B. Mark up
C. Leasing
D. Hire-purchase
5 Qarz-Hasna is available for the studies of
A. Engineering
B. Agriculture
C. Commerce
D. All the above
6 The products of E-Banking are.
A. ATM cards
B. Credit cards
C. Debt cards
D. All of these
7 The services provided by online banking includes.
A. Depositing money
B. Transfer money
C. With draw money
D. All of these
8 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above
9 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
10 IDB was opened on
A. Oct. 1973
B. Oct. 1975
C. Oct. 1977
D. None of these

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