Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf Chapter No 17

Chapter # 17

Business Finance

Encircle the most appropriate answer from the following options

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1. The rate of interest in long term finance is:

1. Non    
2. More
3. Less    
4. All of above

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2. Musharika is based on Islamic:

1. Concept of interest
2. Concept of non-interest         
3. None of both
4. Both included

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3. Government issues Modaraba ordinance :

1. January 1980
2. January 1981
3. January 1979 
4. January 1984

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4 Factor are the

1. Customers of business
2. Servants of business
3. Debtors of business
4. Persons who take responsibility of receiving money from debtors

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5 Short term financing helps in meeting the

1. Seasonal requirements of business
2. Emergency expenses
3. Both (a) and (b)
4. None of these

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6 In Modaraba:

1. Two persons invest money
2. Both persons invest money and labour
3. One person invests money and the other invests labour and experience
4. All of the above

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7 Modaraba is established for a:

1. Limited period
2. Unlimited period
3. Both
4. None

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8 Business finance can be divided into following, parts according to tem:

1. Four    
2. Two
3. Six      
4. Three

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9 The time period of short time finance is:

1. Two years      
2. One or less than one year
3. One and half year      
4. More than one year

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10 In Modaraba, the person who invests capital is called:

1. Businessman 
2. Modarib          
3. Rab ul mal
4. Investor

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11. Modaraba the person who works is called:

1. Worker           
2. Principal
3. Modaraba
4. Rab ul mal

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12 The certificates of Modaraba are:

1. Non transferable        
2. Transferable
3. Conditionally transferable
4. All of the above

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