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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 The charge or price for the use of money is called
  • A. Profit
  • B. Commission
  • C. Interest
  • D. Dividend
2 IDB was opened on
  • A. Oct. 1973
  • B. Oct. 1975
  • C. Oct. 1977
  • D. None of these
3 What is necessary to withdraw money through ATM.
  • A. ATM card
  • B. PIN number
  • C. ATM terminal
  • D. All of these
4 IDB provides finance to
  • A. All countries
  • B. Asian countries
  • C. Europian countries
  • D. Member Muslim Countries
5 The services provided by online banking includes.
  • A. Depositing money
  • B. Transfer money
  • C. With draw money
  • D. All of these
6 When was the process of Islamization of banking started in Pakistan
  • A. 1977
  • B. 1980
  • C. 1982
  • D. 1982
7 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.
8 Under Islamic modes of financing, lending includes
  • A. Service charges
  • B. Qarze-Hasna
  • C. Both a and b
  • D. None of the above
9 The features of debit card, credit card and ATM card.
  • A. magnetic strip
  • B. Specific number
  • C. electronic ship
  • D. All of these
10 The purpose of using credit card is.
  • A. Purchase goods and services
  • B. Deposit cheque
  • C. Withdraw money
  • D. Deposit cash

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test

U

Umer Umer

Lahore08 - Jun - 2024

15/15
07 Mins 05 Sec
D

Domanto Sports

Lahore04 - May - 2024

10/15
01 Mins 46 Sec

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