QN1. The portfolio investment by foreign institutional investors is called
A. FDI
B. FII
C. Balance of Payment
D. SDR
Answer
B. FII
QN2. Which of the following is an institution of World Bank?
A. IBRD
B. IDA
C. IFC
D. All the above
Answer
D. All the above
QN3. An acquisition is the same thing as
A. a spin-off
B. a takeover
C. a merger
D. an amalgamation
Answer
B. a takeover
QN4. The ways in which mergers and acquisitions occur do not include:
A. horizontal integration
B. diversification
C. conglomerate takeover
D. vertical integration
Answer
B. diversification
QN5. Financial motives for Mergers and Acquisitions do not relate to:
A. corporation tax
B. value added tax
C. unemployed tax shields
D. earnings per share
Answer
B. value added tax
QN6. Managerial motives for Mergers &Acquisitions do not relate to:
A. dividends
B. Power
C. Emoluments
D. Job security
Answer
A. dividends
QN7. The three broad approaches to company valuation do not include
A. inventory valuation
B. stock market valuation
C. future earnings valuation
D. asset valuation
Answer
A. inventory valuation
QN8. Asset based company valuations do not include the
A. Realizable value method
B Book value method
C. Marginal cost method
D. Replacement cost method
Answer
C. Marginal cost method
QN9. Earnings-based company valuations do not include the
A. ABC method
B. P/E method
C. ARR method
D. DCF method
Answer
A. ABC method
QN10. Other reasons for company valuations do not include
A. tax evasion
B. capital gains tax assessment
C. inheritance tax assessment
D. security for loans
Answer
A. tax evasion
QN11. Banking or banking action that is consistent with main beliefs of Shariah and its realistic application from beginning to end improvement of Islamic economics is
A. Islamic banking or financing
B. Development bank
C. All the above
D. Conventional banking
Answer
A. Islamic banking or financing
QN12. A number of Islamic banks were formed to provide to this particular banking market in late
A. 18th century
B. 19th century
C. 20th century
D. none of these
Answer
C. 20th century
QN13. A bank is considered as a custodian and trustee of money is
A. Wadiah
B. Safekeeping
C. A and B
D. Hibah
Answer
C. A and B
QN14. Banks are dealing a large number of commodities and services and facing a strong competition to attract
A. Potential buyers
B. Potential customers
C. Potential employees
D. Potential sellers
Answer
B. Potential customers
QN15. Word Musharika is originated from Arabic word Sharikah meaning
A. Friends
B. Ijarah
C. Lessor
D. Partnership
Answer
D. Partnership
QN16. The good reasons for Merger and Acquisition do not include
A. increasing earnings per share
B. supporting value-added growth
C. complementing business strategies
D. stopping a competitor merging or taking over
Answer
A. increasing earnings per share
QN17. Negotiation of a selling price among two parties exclusive of reference by seller to either costs or asking price is
A. ijarah wa iqtna
B. ijarah
C. Musawamah
D. Musharika
Answer
C. Musawamah
QN18. Sukuk is Arabic name stand for
A. financial liabilities
B. financial certificates
C. financial assets
D. financial loans
Answer
B. financial certificates
QN19. A pioneering attempt, in Shariah compliant investments banking was undertaken in 1963 in
A. Oman
B. Saudia Arabia
C. Egypt
D. Pakistan
Answer
C. Egypt
QN20. Strategy involves
A. Senior managers and board members
B. Managers at all levels
C. Managers at all levels
D. Senior management
Answer
C. Managers at all levels
QN21. Strategic plans are
A. Forecasts
B. Long term
C. Short term
D. Budgets
Answer
B. Long term
QN22. The strategic plan of a business may not be most successful if
A. Assumptions are made available to all managers
B. It is based on realistic levels of performance
C. There is full communication and participation
D. Managers are given demanding targets
Answer
D. Managers are given demanding targets
QN23. Strategic planning is not the process of
A. Deciding on policies regarding resources
B. Deciding on levels of pay
C. Deciding on resources required to meet objectives
D. Deciding on organizational objectives
Answer
B. Deciding on levels of pay
QN24. The purpose of strategic planning is not to consider
A. Dividend policy
B. Long term financing
C. Methods of tax evasion
D. Expected growth
Answer
C. Methods of tax evasion
QN25. The term Euro currency markets refers to
A. The countries which have adopted Euro as their currency
B. The market in which Euro is exchanged for other currencies
C. The market where the borrowing and lending of currencies take place outside the country of issue
D. The international foreign exchange market
Answer
C. The market where the borrowing and lending of currencies take place outside the country of issue
