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 time period of short time finance is	Two years More than one year One and half year One or less than one year
2	Business finance can be divided into following parts according to term	Four Two Three Six
3	Modaraba is established for a	Limited period Unlimited period Both a and b None of the above
4	In Modaraba	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
5	Short term financing helps in meeting the	Seasonal requirements of business Emergency expenses Both a and b None of these
6	Factor are the	Customers of business Servants of business Debtors of business Person who take responsibility of receiving money from debtors
7	The government issued Modaraba ordinance on	January 1980 January 1981 January 1979 January 1984
8	Musharika is based on Islamic	Concept of interest Concept of non-interest Both included None of both
9	The rate o interest in long term finance is	Less Non More All the above
10	How many types of Modaraba	2 3 4 5
11	How many types of business finance	2 3 4 5
12	How many sources of business finance	2 3 4 5