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 charge or price for the use of money is called

Question # 2

The purpose of using credit card is.

Question # 3

Who can issue participation term certificates

Question # 4

The advantages of E-Banking are.

Question # 5

Under Islamic modes of financing, lending includes

Question # 6

IDB provides finance to

Question # 7

Riba is the word of following language

Question # 8

The currency unit of the capital of IDB is

Question # 9

A Modarba may by for

Question # 10

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

Question # 11

The products of E-Banking are.

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

Qarz-Hasna is available for the studies of

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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 PTC are issued in place of
A. Shares
B. Debentures
C. Bonds
D. None of these
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 The advantages of E-Banking are.
A. Time saving
B. No need to carry cash
C. Facility of BACS
D. All of these
4 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French
5 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
6 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
7 Which of the following is not use to E-Banking .
A. ATM card
B. Credit card
C. Cheque
D. Debit cards
8 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above
9 The Islamic ideology council presents its formal report for Islamic banking in
A. June, 1978
B. June, 1979
C. June, 1980
D. None of these
10 The merits of credit card.
A. Easy payment
B. Proof of payment
C. Loan Facility
D. All of these

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