First Year Principles of Commerce Chapter 17 Online MCQ Test for 1st Year Principles of Commerce Chapter 17 (Business Finance)

This online test contains MCQs about following topics:

Definition of business finance . Importance of business finance . Different types of business finance . Sources of business finance . Musharika . Modaraba

ICOM Part 1 Commerce Ch. 17 Test
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MCQ's Test For Chapter 17 "Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test"

Try The MCQ's Test For Chapter 17 "Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test"

  • Total Questions15

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

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Question # 1

Business finance can be divided into following parts according to term

Question # 2

In Modaraba:

Question # 3

In Modaraba the person who works is called:

Question # 4

How many sources of business finance

Question # 5

Musharika is based on islamic:

Question # 6

Modaraba is established for a:

Question # 7

In Modaraba the person who works is called

Question # 8

The time period of short time finance is

Question # 9

Factor are the

Question # 10

Modaraba is established for a

Question # 11

How many types of Modaraba

Question # 12

The certificates of Modaraba are:

Question # 13

The government issued Modaraba ordinance in:

Question # 14

The government issued Modaraba ordinance on

Question # 15

Short term financing helps in meeting the

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ICom Part 1 Principle of Commerce (English Medium) Chapter 17 Important MCQ's

Sr.# Question Answer
1 The government issued Modaraba ordinance in:
A. January 1980
B. January 1981
C. January 1979
D. January 1984
2 The time period of short time finance is:
A. Two years
B. More than one year
C. One and half year
D. One or less than one year
3 Short term financing helps in meeting the
A. Seasonal requirements of business
B. Emergency expenses
C. Both a and b
D. None of these
4 How many types of Modaraba
A. 2
B. 3
C. 4
D. 5
5 Musharika is based on islamic:
A. Concept of interest
B. Concept of non-interest
C. Both include
D. None of both
6 In Modaraba, the person who invests capital is called
A. Modarib
B. Rab-ul-Mal
C. Investor
D. Business man
7 The time period of short time finance is
A. Two years
B. More than one year
C. One and half year
D. One or less than one year
8 Factor are the
A. Customers of business
B. Servants of business
C. Debtors of business
D. Person who take responsibility of receiving money from debtors
9 The rate of interest in long tern finance to:
A. Less
B. None
C. More
D. All the above
10 How many types of business finance
A. 2
B. 3
C. 4
D. 5

Test Questions

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