solution
solution.
Below is the categories of cash except
A. Cash in hand
B. Personal loan
C. Reserves and balances with other financial institutions
D. Balance with the central bank =
6. One of the example of corporate financing is
A. Working capital
B. Home financing
C. Automobile financing
D. Islamic credit card
7. The individuals require financing from the bank for
A. Investment motives
B. Transactions and investment motives
C. Transactions, precautionary or investment purposes
D. Precautionary or investment purposes
8. The differences between conventional deposit and Islamic deposit is
A. Both the principal and interest are predetermined and guaranteed
B. The banks cannot offer incentives to attract new depositors
C. Interest is not fixed at a pre-determined rate but is subject to revision
D The deposit is a form of debt given to the customer by the bank D.
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