11th Principles of Commerce MCQS Chapter 17

11th Principles of Commerce MCQS
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Modaraba is established for a
Unlimited period
Limited period
Both a and b
None of the above

Business finance can be divided into following parts according to term
Three
Six
Two
Four

Musharika is based on Islamic
None of both
Concept of non-interest
Concept of interest
Both included

How many types of business finance
4
3
2
5

The government issued Modaraba ordinance on
Jan-79
Jan-81
Jan-84
Jan-80

In Modaraba
Both persons invest money and labour
Two persons invent money
All of the above
One person invests money and the other invests labour and experience

In Modaraba the person who works is called
Modarib
Rab-ul-Mal
Worker
Principle

The rate o interest in long term finance is
All the above
Less
More
Non

How many sources of business finance
5
4
3
2

The certificates of Modaraba are
Conditionally transferable
All of the above
Non transferable
Transferable

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