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

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

Start Chapter 15 Test

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

Sr. # Questions Answers Choice
1 The purpose of using credit card is.
  • A. Purchase goods and services
  • B. Deposit cheque
  • C. Withdraw money
  • D. Deposit cash
2 The features of debit card, credit card and ATM card.
  • A. magnetic strip
  • B. Specific number
  • C. electronic ship
  • D. All of these
3 Riba is the word of following language
  • A. Urdu
  • B. Arabic
  • C. English
  • D. French
4 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
5 Under Islamic modes of financing, lending includes
  • A. Service charges
  • B. Qarze-Hasna
  • C. Both a and b
  • D. None of the above
6 The facilities provide d by ATM machine includes
  • A. Mini Statement
  • B. Transfer funds
  • C. Balace inquiry
  • D. All of these
7 IDB provides finance to
  • A. All countries
  • B. Asian countries
  • C. Europian countries
  • D. Member Muslim Countries
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 head office of IDB is in
  • A. Jeddah
  • B. Islamabad
  • C. Tehran
  • D. Dubai

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