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15th Chapter

12th Principles of Banking Chapter 15 Test

Here you can prepare 12th Class Principles of Banking Chapter 15 Islamic Banking Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 15 online mcq test with answers for ICom part 2 Principle of Banking Chapter 15 (Islamic Banking)

This online test contains MCQs about following topics:

. Concept on Riba and interest . Pakistan and islamic banking . Interest free modes of financing . Islamic development bank

ICOM Part 2 Banking Ch 15 Test
ic

12th class Principle of Banking chapter 15 online mcq test with answers for ICom part 2 Principle of Banking Chapter 15 (Islamic Banking)

Sr. # Questions Answers Choice
1 What is necessary to withdraw money through ATM.
  • A. ATM card
  • B. PIN number
  • C. ATM terminal
  • D. All of these
2 Who can issue participation term certificates
  • A. Firm
  • B. Company
  • C. Cooperative society
  • D. All the above
3 IDB was opened on
  • A. Oct. 1973
  • B. Oct. 1975
  • C. Oct. 1977
  • D. None of these
4 Electronic banking transaction Ordinance is.
  • A. 1974
  • B. 2002
  • C. 1984
  • D. 1962
5 The purpose of using credit card is.
  • A. Purchase goods and services
  • B. Deposit cheque
  • C. Withdraw money
  • D. Deposit cash
6 The charge or price for the use of money is called
  • A. Profit
  • B. Commission
  • C. Interest
  • D. Dividend
7 The merits of credit card.
  • A. Easy payment
  • B. Proof of payment
  • C. Loan Facility
  • D. All of these
8 The advantages of E-Banking are.
  • A. Time saving
  • B. No need to carry cash
  • C. Facility of BACS
  • D. All of these
9 To meet the modern banking transactions Requirements SBP introduced.
  • A. E- Banking
  • B. Islamic Banking
  • C. Office banking
  • D. All of these
10 Riba is the word of following language
  • A. Urdu
  • B. Arabic
  • C. English
  • D. French

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

H

Hassan Abid

Lahore22 - Jun - 2022

13/15
01 Mins 45 Sec
H

Hamza Abid

Abbottabad21 - Jun - 2022

13/15
10 Mins 50 Sec
H

Hamza Abid

Abbottabad01 - Jun - 2022

10/15
10 Mins 50 Sec

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