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1 Islamic Studies MCQs

Laylatul Qadr (Night of Decree) is better than how many days or years?

  • 1 thousand days
  • 1 thousand hours
  • 1 thousand months
  • 1 thousand years
0 Comments
Correct Answer: C. 1 thousand months

Explanation:

Laylatul Qadr, also known as the Night of Decree, holds a special place ... Read More Details

2 Islamic Studies MCQs

Which Prophet is mentioned first in the Holy Qur’an?

  • Hazrat Ibrahim (AS)
  • Hazrat Adam (AS)
  • Hazrat Nooh (AS)
  • Hazrat Muhammad (SAW)
0 Comments
Correct Answer: B. Hazrat Adam (AS)

Explanation:

The Holy Qur’an, revealed as the final divine guidance for humanity, mentions the ... Read More Details

3 Islamic Studies MCQs

Which Surah of the Holy Qur’an deals with the laws of marriage?

  • Dalaq
  • Mujadala
  • Nisa
  • Mumtahina
0 Comments
Correct Answer: C. Nisa

Explanation:

The Holy Qur’an provides a complete guidance for human life, including personal, social, ... Read More Details

4 Islamic Studies MCQs

Which Surah of the Holy Qur’an is named after a Holy war?

  • Room
  • Ahzab
  • Fathi
  • Nasr
0 Comments
Correct Answer: B. Ahzab

Explanation:

The Qur’an includes Surahs named after prophets, events, objects, and even significant historical ... Read More Details

5 Finance MCQs

Companies that collect money from individuals and businesses and invest it in a portfolio of assets are called __________?

  • Activity funds
  • Mutual funds
  • Penalty funds
  • Financing funds
0 Comments
Correct Answer: B. Mutual funds

Explanation:

Mutual funds are investment companies that pool money from individual and institutional investors ... Read More Details

6 Finance MCQs

The risk that occurs when there is not enough capital to cover a sudden decrease in asset value is called __________?

  • Insolvency risk
  • Solvency risk
  • Balanced risk
  • Unbalanced risk
0 Comments
Correct Answer: A. Insolvency risk

Explanation:

Insolvency risk occurs when a financial institution does not have sufficient capital to cover losses ... Read More Details

7 Finance MCQs

The market value of outstanding instruments in the capital market depends on __________?

  • Primary cash flows
  • Number of issued securities
  • Market prices of securities
  • Both B and C
0 Comments
Correct Answer: D. Both B and C

Explanation:

The market value of outstanding instruments in the capital market depends on two key factors: ... Read More Details

8 Finance MCQs

The depository institutions include __________?

  • Mutual funds
  • Commercial banks and thrifts
  • Savings banks
  • Credit unions
0 Comments
Correct Answer: B. Commercial banks and thrifts

Explanation:

Depository institutions are financial institutions that accept deposits from the public and provide loans. They ... Read More Details

9 Finance MCQs

The market where governments issue securities to raise short-term funds is called __________?

  • Money market instruments
  • Capital market instruments
  • Counter instruments
  • Long-term instruments
0 Comments
Correct Answer: A. Money market instruments

Explanation:

The money market is where governments issue short-term debt instruments, such as Treasury bills, to ... Read More Details

10 Finance MCQs

The risk where the value of assets and liabilities changes due to exchange rate fluctuations is called __________?

  • Economic rates
  • Foreign exchange risk
  • Selling rate
  • Buying rate
0 Comments
Correct Answer: B. Foreign exchange risk

Explanation:

Foreign exchange risk, also known as currency risk, occurs when the value of ... Read More Details

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