First Year Principles of Commerce Chapter 17 Online MCQ Test for 1st Year Principles of Commerce Chapter 17 (Business Finance)

This online test contains MCQs about following topics:

Definition of business finance . Importance of business finance . Different types of business finance . Sources of business finance . Musharika . Modaraba

ICOM Part 1 Commerce Ch. 17 Test
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MCQ's Test For Chapter 17 "Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test"

Try The MCQ's Test For Chapter 17 "Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test

00:00
Question # 1

In Modaraba the person who works is called

Question # 2

Business finance can be divided into following parts according to term

Question # 3

The government issued Modaraba ordinance in:

Question # 4

The certificates of Modaraba are

Question # 5

Modaraba is established for a

Question # 6

Musharika is based on Islamic

Question # 7

The rate o interest in long term finance is

Question # 8

In Modaraba, the person who invests capital is called

Question # 9

In Modaraba the person who works is called:

Question # 10

The government issued Modaraba ordinance on

Question # 11

In Modaraba:

Question # 12

Factor are the

Question # 13

How many sources of business finance

Question # 14

Factor are the:

Question # 15

How many types of business finance

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Sr.# Question Answer
1 Short term financing helps in meeting the:
A. Seasonal requirements of business
B. Emergency expenses
C. Both (a) and (b)
D. None of these
2 In Modaraba, the person who invests capital is called
A. Modarib
B. Rab-ul-Mal
C. Investor
D. Business man
3 The rate o interest in long term finance is
A. Less
B. Non
C. More
D. All the above
4 How many types of Modaraba
A. 2
B. 3
C. 4
D. 5
5 In Modaraba
A. Two persons invent money
B. Both persons invest money and labour
C. One person invests money and the other invests labour and experience
D. All of the above
6 Factor are the:
A. Customers of business
B. Servants of business
C. Debtors of business
D. Persons who take responsibility of receiving money from debtors
7 In Modaraba, the person who invests capital is called:
A. Modarib
B. Rab-ul-Mal
C. Investor
D. Businessman
8 In Modaraba the person who works is called
A. Worker
B. Principle
C. Rab-ul-Mal
D. Modarib
9 The certificates of Modaraba are:
A. Non-transferable
B. Transferable
C. Conditionally transferable
D. All of the above
10 Modaraba is established for a:
A. Limited period
B. Unlimited period
C. Both (a) and (b)
D.
None of the above
11 In Modaraba the person who works is called:
A. Worker
B. Principal
C. Rab-ul-Mal
D. Modarib
12 Business finance can be divided into following parts according to term:
A. Four
B. Two
C. Three
D. Six

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