PPSC Economics Topic 7 MCQS Test Preparation

Punjab Public Service Commission, PPSC conducts competitive exams throughout the year to fulfill the vacant positions for the several departments and agencies. Candidates who are desirous to apply for the upcoming PPSC test to grab a suitable position in any of the government agencies in the economics subject are invited here to get a better preparation solution for them. Yes! Candidates can find online MCQs tests. These tests are in the same way in which the examiners arrange the PPSC tests. Hopefully, we can say that once after going through these tests one can easily get prepared for the chosen position.

MCQ's Test For PPSC Economics Topic 7 Islamic Economics

Try The MCQ's Test For PPSC Economics Topic 7 Islamic Economics

  • Total Questions20

  • Time Allowed20

PPSC Economics Topic 7 Islamic Economics

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Question # 1

In Islamic economic system business is allowed in the field of.

Question # 2

In Islamic economic system following means of gaining wealth are permitted

Question # 3

The main monetary tool in Islamic economic system regarding circulation of wealth is zakat it is for.

Question # 4

One of the following is the renowned book of Imam Abu Yousaf

Question # 5

In Islam absolute ownership of property lies only with.

Question # 6

For a Muslim living within the code of Islam primary source for the the solution of economic problems is.

Question # 7

In 1980 the government of Pakistan promulgated.

Question # 8

By death of any partner business will be dissolved in case of

Question # 9

Expenditure on unproductive assets are strangely criticized and savings are emphasized by

Question # 10

Islamic economics is a social science which studies the economics of people living within the frame work of.

Question # 11

Conspicuous consumption on unproductive assets and luxurious goods is considered against the concept of.

Question # 12

"Zakat" is a charity on.

Question # 13

Following is the important feature of the Islamic economic system.

Question # 14

Ibn-e Khaldun discussed in detail the principles of.

Question # 15

The renowned economist and Islamic scholar who applied principles of politics economics was.

Question # 16

Mudaraba business is administered by the Mudaraba companies and Mudaraba rules .

Question # 17

A activates which do not promote human welfare cannot be encouraged.

Question # 18

Loss must be shared according to ratio of respective investment in case of.

Question # 19

Forced labor is one of the greatest injustice in the world according to.

Question # 20

Tax and rulers duty and terms of trade are discussed in.

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 For a Muslim living within the code of Islam primary source for the the solution of economic problems is.
A. the Holy Quran
B. Sunnah
C. Both a and b
D. None of these
2 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
3 Islam is against
A. Miseries
B. Luxurious spending
C. a and b
D. None of these
4 Forced labor is one of the greatest injustice in the world according to.
A. Imam Abu Yousaf
B. Imam Abu Qasim
C. Khalil Jabran
D. Ibn e Khaldun
5 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these
6 Qara -e- Hasna is normally payable to.
A. Needy persons
B. Poors
C. Helpless
D. All of these
7 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
8 According to Islamic economic system the producers can earn.
A. Normal loss only
B. Normal profit only
C. Abnormal loss
D. Abnormal profit
9 Mudaraba business is administered by the Mudaraba companies and Mudaraba rules .
A. 1990
B. 1980
C. 1981
D. 1978
10 Usury is prohibited in
A. Islam only
B. Sikhism only
C. Jewism
D. Both a and b

Test Questions

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