11th class Principles of Commerce chapter 17 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 17(Business Finance)

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

Sr. #	Questions	Answers Choice
1	The certificates of Modaraba are:	Non-transferable Transferable Conditionally transferable All of the above
2	In Modaraba the person who works is called:	Worker Principal Rab-ul-Mal Modarib
3	In Modaraba, the person who invests capital is called:	Modarib Rab-ul-Mal Investor Businessman
4	The time period of short time finance is:	Two years More than one year One and half year One or less than one year
5	Business finance can be divided into following parts according to term:	Four Two Three Six
6	Modaraba is established for a:	Limited period Unlimited period Both (a) and (b) <div>None of the above</div>
7	In Modaraba:	Two persons invest money Both persons invest money and labour One person invests money and the other invests labour and expenses All of the above
8	Short term financing helps in meeting the:	Seasonal requirements of business Emergency expenses Both (a) and (b) None of these
9	Factor are the:	Customers of business Servants of business Debtors of business Persons who take responsibility of receiving money from debtors
10	The government issued Modaraba ordinance in:	January 1980 January 1981 January 1979 January 1984
11	Musharika is based on islamic:	Concept of interest Concept of non-interest Both include None of both
12	The rate of interest in long tern finance to:	Less None More All the above
13	The certificates of Modaraba are	Non transferable Transferable Conditionally transferable All of the above
14	In Modaraba the person who works is called	Worker Principle Rab-ul-Mal Modarib
15	In Modaraba, the person who invests capital is called	Modarib Rab-ul-Mal Investor Business man

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