Question # 1

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

In Modaraba the person who works is called:

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Worker

Principal

Rab-ul-Mal

Modarib

Modaraba is established for a:

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Limited period

Unlimited period

Both (a) and (b)

None of the above

In Modaraba, the person who invests capital is called

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Modarib

Rab-ul-Mal

Investor

Business man

Business finance can be divided into following parts according to term

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Four

Two

Three

Six

How many sources of business finance

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2

3

4

5

Short term financing helps in meeting the

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Seasonal requirements of business

Emergency expenses

Both a and b

None of these

How many types of business finance

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2

3

4

5

Musharika is based on islamic:

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Concept of interest

Concept of non-interest

Both include

None of both

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

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

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

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