ICOM Part 2 English Medium Principles of Banking Chapter 15 MCQ's Test

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

Start Chapter 15 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 15 (Islamic Banking)

Sr. # Questions Answers Choice
1 IDB provides finance to
  • A. All countries
  • B. Asian countries
  • C. Europian countries
  • D. Member Muslim Countries
2 IDB was opened on
  • A. Oct. 1973
  • B. Oct. 1975
  • C. Oct. 1977
  • D. None of these
3 The head office of IDB is in
  • A. Jeddah
  • B. Islamabad
  • C. Tehran
  • D. Dubai
4 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
5 The purpose of using credit card is.
  • A. Purchase goods and services
  • B. Deposit cheque
  • C. Withdraw money
  • D. Deposit cash
6 Electronic banking transaction Ordinance is.
  • A. 1974
  • B. 2002
  • C. 1984
  • D. 1962
7 The facilities provide d by ATM machine includes
  • A. Mini Statement
  • B. Transfer funds
  • C. Balace inquiry
  • 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 What is necessary to withdraw money through ATM.
  • A. ATM card
  • B. PIN number
  • C. ATM terminal
  • D. All of these

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