The Origins of Islamic Banking in Indo-Pak
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Questions and Answers

Where were the roots of Islamic banking traced back to?

  • Indo-Pak region (correct)
  • North America
  • Europe
  • Middle East
  • During which decade were the roots of Islamic banking traced back?

  • 1920s (correct)
  • 1990s
  • 1940s
  • 1930s
  • In which region were the roots of Islamic banking traced back?

  • Europe
  • Middle East
  • South Asia (correct)
  • North America
  • Which one of these is true about differentiating between money and commodity on the basis of intrinsic direct utility?

    <p>It is not possible to differentiate between money and commodity based on intrinsic direct utility</p> Signup and view all the answers

    What is the basis for differentiating between money and commodity according to the text?

    <p>Extrinsic direct utility</p> Signup and view all the answers

    Which one of these is NOT true about differentiating between money and commodity based on intrinsic direct utility?

    <p>Money and commodity have the same intrinsic direct utility</p> Signup and view all the answers

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