Question # 1

A Modarba may by for

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Specific or multi purpose

Perpetual

Specific period

All the above

The advantages of E-Banking are.

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Time saving

No need to carry cash

Facility of BACS

All of these

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

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Habib Bnak Ltd.

Allied Bank Ltd.

Muslim Commercial Bank Ltd.

National Bank of Pakistan.

Who can issue participation term certificates

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Firm

Company

Cooperative society

All the above

PTC are issued in place of

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Shares

Debentures

Bonds

None of these

The head office of IDB is in

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Jeddah

Islamabad

Tehran

Dubai

The Islamic ideology council presents its formal report for Islamic banking in

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June, 1978

June, 1979

June, 1980

None of these

Electronic banking transaction Ordinance is.

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1974

2002

1984

1962

Riba is the word of following language

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Urdu

Arabic

English

French

The currency unit of the capital of IDB is

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Riyal

Dollar

Dinar

None of these

Under Islamic modes of financing, lending includes

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Service charges

Qarze-Hasna

Both a and b

None of the above

Which of the following is not use to E-Banking .

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ATM card

Credit card

Cheque

Debit cards

The charge or price for the use of money is called

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Profit

Commission

Interest

Dividend

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

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