Question # 1

The merits of credit card.

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Easy payment

Proof of payment

Loan Facility

All of these

The purpose of using credit card is.

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Purchase goods and services

Deposit cheque

Withdraw money

Deposit cash

IDB provides finance to

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All countries

Asian countries

Europian countries

Member Muslim Countries

Riba is the word of following language

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Urdu

Arabic

English

French

When was the process of Islamization of banking started in Pakistan

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1977

1980

1982

Who can issue participation term certificates

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Firm

Company

Cooperative society

All the above

Under Islamic modes of financing, lending includes

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Service charges

Qarze-Hasna

Both a and b

None of the above

The services provided by online banking includes.

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Depositing money

Transfer money

With draw money

All of these

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

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Habib Bnak Ltd.

Allied Bank Ltd.

Muslim Commercial Bank Ltd.

National Bank of Pakistan.

IDB was opened on

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Oct. 1973

Oct. 1975

Oct. 1977

None of these

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

A Modarba may by for

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Specific or multi purpose

Perpetual

Specific period

All the above

Trade related Islamic modes of financing do not include

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Musharika

Mark up

Leasing

Hire-purchase

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Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test MCQs With Answers

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