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
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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 When was the process of Islamization of banking started in Pakistan
  • A. 1977
  • B. 1980
  • C. 1982
  • D. 1982
2 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
3 The facilities provide d by ATM machine includes
  • A. Mini Statement
  • B. Transfer funds
  • C. Balace inquiry
  • D. All of these
4 IDB was opened on
  • A. Oct. 1973
  • B. Oct. 1975
  • C. Oct. 1977
  • D. None of these
5 Electronic banking transaction Ordinance is.
  • A. 1974
  • B. 2002
  • C. 1984
  • D. 1962
6 The products of E-Banking are.
  • A. ATM cards
  • B. Credit cards
  • C. Debt cards
  • D. All of these
7 The services provided by online banking includes.
  • A. Depositing money
  • B. Transfer money
  • C. With draw money
  • D. All of these
8 The merits of credit card.
  • A. Easy payment
  • B. Proof of payment
  • C. Loan Facility
  • D. All of these
9 Qarz-Hasna is available for the studies of
  • A. Engineering
  • B. Agriculture
  • C. Commerce
  • D. All the above
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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