MCQs SS 1 – 48 and GS 1 – 4 Mezbah Uddin Ahmed Email:
[email protected] Working File Updated: 30 April 2022
Disclaimer The questions provided here are to assist the CSAA candidates in their revision. These questions are developed in personal capacity* and the candidates must not expect repetition of any of these questions in the exam. Any similarity between the questions here and the exam questions will be purely coincidental and without any collaboration in whatsoever form between AAOIFI and preparer of these questions. Also, as the questions did not go through any quality control process, there could be some unintentional error. If you find any error or there is a confusion regarding a Q&A, please feel free to send an email to
[email protected]. * Few of the questions are taken from AAOIFI’s Mock Questions Mezbah Uddin Ahmed
SS (1) Trading in Currencies Question-1: Which of the following requirements shall be fulfilled if someone exchange USD for EUR? A. Both amounts shall be equal B. The currencies shall be exchanged on spot basis C. A + B D. None of the above Mezbah Uddin Ahmed
SS (1) Trading in Currencies Question-2: “In currency exchange, physical possession is preferred over constructive possession.” The above statement is: A. True B. False Mezbah Uddin Ahmed
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