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

  • Time Allowed20

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

00:00
Question # 1

Factor are the:

Question # 2

How many types of business finance

Question # 3

In Modaraba the person who works is called

Question # 4

In Modaraba

Question # 5

The time period of short time finance is

Question # 6

Factor are the

Question # 7

Short term financing helps in meeting the:

Question # 8

The rate o interest in long term finance is

Question # 9

Short term financing helps in meeting the

Question # 10

How many sources of business finance

Question # 11

In Modaraba, the person who invests capital is called

Question # 12

The certificates of Modaraba are

Question # 13

Modaraba is established for a:

Question # 14

The government issued Modaraba ordinance on

Question # 15

The time period of short time finance is:

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

Sr.# Question Answer
1 In Modaraba the person who works is called:
A. Worker
B. Principal
C. Rab-ul-Mal
D. Modarib
2 The government issued Modaraba ordinance on
A. January 1980
B. January 1981
C. January 1979
D. January 1984
3 Musharika is based on islamic:
A. Concept of interest
B. Concept of non-interest
C. Both include
D. None of both
4 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
5 How many types of business finance
A. 2
B. 3
C. 4
D. 5
6 Factor are the:
A. Customers of business
B. Servants of business
C. Debtors of business
D. Persons who take responsibility of receiving money from debtors
7 Short term financing helps in meeting the:
A. Seasonal requirements of business
B. Emergency expenses
C. Both (a) and (b)
D. None of these
8 The certificates of Modaraba are
A. Non transferable
B. Transferable
C. Conditionally transferable
D. All of the above
9 Modaraba is established for a
A. Limited period
B. Unlimited period
C. Both a and b
D. None of the above
10 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

Test Questions

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