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 currency unit of the capital of IDB is

Question # 2

The charge or price for the use of money is called

Question # 3

The services provided by online banking includes.

Question # 4

The head office of IDB is in

Question # 5

Trade related Islamic modes of financing do not include

Question # 6

PTC are issued in place of

Question # 7

Electronic banking transaction Ordinance is.

Question # 8

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

Question # 9

The merits of credit card.

Question # 10

Who can issue participation term certificates

Question # 11

Under Islamic modes of financing, lending includes

Question # 12

What is necessary to withdraw money through ATM.

Question # 13

To meet the modern banking transactions Requirements SBP introduced.

Question # 14

The advantages of E-Banking are.

Question # 15

The facilities provide d by ATM machine includes

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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 IDB was opened on
A. Oct. 1973
B. Oct. 1975
C. Oct. 1977
D. None of these
2 Trade related Islamic modes of financing do not include
A. Musharika
B. Mark up
C. Leasing
D. Hire-purchase
3 The merits of credit card.
A. Easy payment
B. Proof of payment
C. Loan Facility
D. All of these
4 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.
5 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
6 Which of the following is not use to E-Banking .
A. ATM card
B. Credit card
C. Cheque
D. Debit cards
7 IDB provides finance to
A. All countries
B. Asian countries
C. Europian countries
D. Member Muslim Countries
8 The charge or price for the use of money is called
A. Profit
B. Commission
C. Interest
D. Dividend
9 Electronic banking transaction Ordinance is.
A. 1974
B. 2002
C. 1984
D. 1962
10 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above

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