
Exercise Chapter 6 BOP
Quiz
•
Social Studies
•
University
•
Practice Problem
•
Hard
amirul hafiz
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Uncertainty can be quantified and used for rational decision-making.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
From an Islamic perspective, essential risk (business risk) is inherent in all business transactions and is necessary to reap profit.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business risk is solely related to factors affecting the financial markets.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Displaced Commercial Risk (DCR) occurs when a bank is forced to use shareholders' funds to pay depositors a competitive return to prevent them from withdrawing their funds.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a murabahah contract, the credit risk for the bank is eliminated once the goods are delivered.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operational risk is a well-defined and narrow concept that only includes technology failures.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rate of Return Risk (RORR) is a type of credit risk linked to the potential default of a counterparty.
True
False
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