Which of the Following Statements Is Not a Key Difference

question 20

Multiple Choice

Which of the following statements is not a key difference between Islamic and conventional banks.?

• A)A conventional bank aims to maximize profits for the shareholders and provide adequate returns to depositors.
• B)Conventional bank financing is interest orientated and both fixed and variable rates can be charged for the use of money.
• C)In conventional banking speculative ventures can be.and are undertaken.
• D)In conventional banking depositors gain interest and a guarantee of principal repayment.

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Definitions:

Referent Power

A form of influence based on the leader's appeal or charisma, leading others to identify with them.

Expert Power

A form of influence derived from possessing specialized knowledge or skills in a particular area.

Coercive Power

Refers to the ability of a person to influence others' actions through threats or punishment.

Legitimate Power

A form of authority where power is given based on a person's position or role within a hierarchical structure.