Question # 1

Riba is the word of following language

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Urdu

Arabic

English

French

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

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Two groups

Three groups

Four groups

None of these

The facilities provide d by ATM machine includes

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Mini Statement

Transfer funds

Balace inquiry

All of these

The purpose of using credit card is.

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Purchase goods and services

Deposit cheque

Withdraw money

Deposit cash

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

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ATM card

Credit card

Cheque

Debit cards

When was the process of Islamization of banking started in Pakistan

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1977

1980

1982

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.

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

Under Islamic modes of financing, lending includes

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Service charges

Qarze-Hasna

Both a and b

None of the above

IDB provides finance to

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All countries

Asian countries

Europian countries

Member Muslim Countries

The products of E-Banking are.

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ATM cards

Credit cards

Debt cards

All of these

The merits of credit card.

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Easy payment

Proof of payment

Loan Facility

All of these

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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