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

IDB was opened on

Question # 2

PTC are issued in place of

Question # 3

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

Question # 4

A Modarba may by for

Question # 5

The head office of IDB is in

Question # 6

The facilities provide d by ATM machine includes

Question # 7

The products of E-Banking are.

Question # 8

Who can issue participation term certificates

Question # 9

The purpose of using credit card is.

Question # 10

Riba is the word of following language

Question # 11

The advantages of E-Banking are.

Question # 12

The charge or price for the use of money is called

Question # 13

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

Question # 14

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

Question # 15

The currency unit of the capital of IDB is

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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 Riba is the word of following language
A. Urdu
B. Arabic
C. English
D. French
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 To meet the modern banking transactions Requirements SBP introduced.
A. E- Banking
B. Islamic Banking
C. Office banking
D. All of these
4 A Modarba may by for
A. Specific or multi purpose
B. Perpetual
C. Specific period
D. All the above
5 Qarz-Hasna is available for the studies of
A. Engineering
B. Agriculture
C. Commerce
D. All the above
6 IDB was opened on
A. Oct. 1973
B. Oct. 1975
C. Oct. 1977
D. None of these
7 Electronic banking transaction Ordinance is.
A. 1974
B. 2002
C. 1984
D. 1962
8 The purpose of using credit card is.
A. Purchase goods and services
B. Deposit cheque
C. Withdraw money
D. Deposit cash
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 products of E-Banking are.
A. ATM cards
B. Credit cards
C. Debt cards
D. All of these

Test Questions

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