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

Who can issue participation term certificates

Question # 2

Qarz-Hasna is available for the studies of

Question # 3

The charge or price for the use of money is called

Question # 4

The purpose of using credit card is.

Question # 5

The advantages of E-Banking are.

Question # 6

The head office of IDB is in

Question # 7

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

Question # 8

To meet the modern banking transactions Requirements SBP introduced.

Question # 9

When was the process of Islamization of banking started in Pakistan

Question # 10

The merits of credit card.

Question # 11

PTC are issued in place of

Question # 12

The facilities provide d by ATM machine includes

Question # 13

The currency unit of the capital of IDB is

Question # 14

The services provided by online banking includes.

Question # 15

IDB provides finance to

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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 Which of the following is not use to E-Banking .
A. ATM card
B. Credit card
C. Cheque
D. Debit cards
2 Trade related Islamic modes of financing do not include
A. Musharika
B. Mark up
C. Leasing
D. Hire-purchase
3 To meet the modern banking transactions Requirements SBP introduced.
A. E- Banking
B. Islamic Banking
C. Office banking
D. All of these
4 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
5 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French
6 The advantages of E-Banking are.
A. Time saving
B. No need to carry cash
C. Facility of BACS
D. All of these
7 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
8 The currency unit of the capital of IDB is
A. Riyal
B. Dollar
C. Dinar
D. None of these
9 Under Islamic modes of financing, lending includes
A. Service charges
B. Qarze-Hasna
C. Both a and b
D. None of the above
10 The facilities provide d by ATM machine includes
A. Mini Statement
B. Transfer funds
C. Balace inquiry
D. All of these

Test Questions

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