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1 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

2 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

3 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

4 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

5 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

6 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

7 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

8 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

9 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

10 Finance MCQs

The economic period when banks have excess funds is called __________?

  • Functional timeline
  • Contract timing
  • Contraction period
  • Expansionary period
0 Comments
Correct Answer: D. Expansionary period

Explanation:

An expansionary period refers to a phase in the economic cycle when economic activity increases, ... Read More Details

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