Question # 1

The charge or price for the use of money is called

Choose an answer

Profit

Commission

Interest

Dividend

Electronic banking transaction Ordinance is.

Choose an answer

1974

2002

1984

1962

The products of E-Banking are.

Choose an answer

ATM cards

Credit cards

Debt cards

All of these

What is necessary to withdraw money through ATM.

Choose an answer

ATM card

PIN number

ATM terminal

All of these

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

Choose an answer

Two groups

Three groups

Four groups

None of these

A Modarba may by for

Choose an answer

Specific or multi purpose

Perpetual

Specific period

All the above

The facilities provide d by ATM machine includes

Choose an answer

Mini Statement

Transfer funds

Balace inquiry

All of these

In Pakistan "ATM' was first of an introduced Ltd.

Choose an answer

Habib Bnak Ltd.

Allied Bank Ltd.

Muslim Commercial Bank Ltd.

National Bank of Pakistan.

When was the process of Islamization of banking started in Pakistan

Choose an answer

1977

1980

1982

Who can issue participation term certificates

Choose an answer

Firm

Company

Cooperative society

All the above

The services provided by online banking includes.

Choose an answer

Depositing money

Transfer money

With draw money

All of these

The purpose of using credit card is.

Choose an answer

Purchase goods and services

Deposit cheque

Withdraw money

Deposit cash

The advantages of E-Banking are.

Choose an answer

Time saving

No need to carry cash

Facility of BACS

All of these

The currency unit of the capital of IDB is

Choose an answer

Riyal

Dollar

Dinar

None of these

PTC are issued in place of

Choose an answer

Shares

Debentures

Bonds

None of these

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium Chapter 15 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer