Q121: Word Musharika is originated from Arabic word Sharikah meaning
- A. Friends
- B. Ijarah
- C. Lessor
- D. Partnership
Answer
Answer D. Partnership
Q122: 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
Answer A. increasing earnings per share
Q123: 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
Answer C. Musawamah
Q124: Sukuk is Arabic name stand for
- A. financial liabilities
- B. financial certificates
- C. financial assets
- D. financial loans
Answer
Answer B. financial certificates
Q125: A pioneering attempt, in Shariah compliant investments banking was undertaken in 1963 in
- A. Oman
- B. Saudia Arabia
- C. Egypt
- D. Pakistan
Answer
Answer C. Egypt
Q126: Strategy involves
- A. Senior managers and board members
- B. Managers at all levels
- C. Managers at all levels
- D. Senior management
Answer
Answer C. Managers at all levels
Q127: Strategic plans are
- A. Forecasts
- B. Long term
- C. Short term
- D. Budgets
Answer
Answer B. Long term
Q128: 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
Answer D. Managers are given demanding targets
Q129: 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
Answer B. Deciding on levels of pay
Q130: 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
Answer C. Methods of tax evasion
Q131: 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
Answer C. The market where the borrowing and lending of currencies take place outside the country of issue
