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 (D)</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 (C)</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 (A)</p> Signup and view all the answers

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