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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 IDB was opened on
  • A. Oct. 1973
  • B. Oct. 1975
  • C. Oct. 1977
  • D. None of these
2 A Modarba may by for
  • A. Specific or multi purpose
  • B. Perpetual
  • C. Specific period
  • D. All the above
3 Under Islamic modes of financing, lending includes
  • A. Service charges
  • B. Qarze-Hasna
  • C. Both a and b
  • D. None of the above
4 The purpose of using credit card is.
  • A. Purchase goods and services
  • B. Deposit cheque
  • C. Withdraw money
  • D. Deposit cash
5 Which of the following is not use to E-Banking .
  • A. ATM card
  • B. Credit card
  • C. Cheque
  • D. Debit cards
6 The charge or price for the use of money is called
  • A. Profit
  • B. Commission
  • C. Interest
  • D. Dividend
7 The features of debit card, credit card and ATM card.
  • A. magnetic strip
  • B. Specific number
  • C. electronic ship
  • D. All of these
8 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
9 When was the process of Islamization of banking started in Pakistan
  • A. 1977
  • B. 1980
  • C. 1982
  • D. 1982
10 The currency unit of the capital of IDB is
  • A. Riyal
  • B. Dollar
  • C. Dinar
  • D. None of these

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

A

Aisha Imtiaz

Lahore02 - Mar - 2024

12/15
03 Mins 06 Sec
D

Domanto Sports

Lahore04 - May - 2024

10/15
01 Mins 46 Sec

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