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 Under Islamic modes of financing, lending includes
  • A. Service charges
  • B. Qarze-Hasna
  • C. Both a and b
  • D. None of the above
2 The products of E-Banking are.
  • A. ATM cards
  • B. Credit cards
  • C. Debt cards
  • D. All of these
3 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.
4 Electronic banking transaction Ordinance is.
  • A. 1974
  • B. 2002
  • C. 1984
  • D. 1962
5 In Pakistan, the interest free modes of financing have been divided into
  • A. Two groups
  • B. Three groups
  • C. Four groups
  • D. None of these
6 The services provided by online banking includes.
  • A. Depositing money
  • B. Transfer money
  • C. With draw money
  • D. All of these
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 What is necessary to withdraw money through ATM.
  • A. ATM card
  • B. PIN number
  • C. ATM terminal
  • D. All of these
9 The head office of IDB is in
  • A. Jeddah
  • B. Islamabad
  • C. Tehran
  • D. Dubai
10 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

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