Question # 1

The rate o interest in long term finance is

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Less

Non

More

All the above

In Modaraba:

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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

Factor are the

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Customers of business

Servants of business

Debtors of business

Person who take responsibility of receiving money from debtors

How many types of business finance

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2

3

4

5

The certificates of Modaraba are:

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Non-transferable

Transferable

Conditionally transferable

All of the above

In Modaraba, the person who invests capital is called:

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Modarib

Rab-ul-Mal

Investor

Businessman

Modaraba is established for a

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Limited period

Unlimited period

Both a and b

None of the above

The certificates of Modaraba are

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Non transferable

Transferable

Conditionally transferable

All of the above

In Modaraba

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Two persons invent money

Both persons invest money and labour

One person invests money and the other invests labour and experience

All of the above

The government issued Modaraba ordinance in:

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January 1980

January 1981

January 1979

January 1984

In Modaraba the person who works is called

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Worker

Principle

Rab-ul-Mal

Modarib

Short term financing helps in meeting the:

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Seasonal requirements of business

Emergency expenses

Both (a) and (b)

None of these

The time period of short time finance is:

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Two years

More than one year

One and half year

One or less than one year

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

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