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 1980 the government of Pakistan promulgated.

Question # 2

Islam is against

Question # 3

In Islamic economic system holding is considered against the right of.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Zakat in an important feature of Islamic economics system which is given from

Question # 8

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

Question # 9

Following is the important feature of the Islamic economic system.

Question # 10

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

Question # 11

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

Question # 12

"Zakat" is a charity on.

Question # 13

In Islamic economic system following means of gaining wealth are permitted

Question # 14

Usury is prohibited in

Question # 15

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

Question # 16

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

Question # 17

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

Question # 18

Qara -e- Hasna is normally payable to.

Question # 19

In Islam absolute ownership of property lies only with.

Question # 20

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

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 The Islamic mode of business where the subscriber participate with the money and the manager with skill and labor is.
A. Qarz -e - hasna
B. Musharika
C. Mudaraba
D. Islamic business
2 Ibn-e Khaldun discussed in detail the principles of.
A. Taxation
B. Terms of trade
C. Term of rent
D. Duties of ruler
3 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
4 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
5 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these
6 In Islam absolute ownership of property lies only with.
A. Government
B. Owner of the property
C. Allah
D. None 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 The renowned economist and Islamic scholar who applied principles of politics economics was.
A. Imam Abu Haneefa
B. ibn e Khaldun
C. Imam Abu Yousaf
D. Abu Qasim
9 Expenditure on unproductive assets are strangely criticized and savings are emphasized by
A. Ibn e Khaldun
B. Ibn e Taimiya
C. Nasiruddin Tosi
D. None of these
10 Usury is prohibited in
A. Islam only
B. Sikhism only
C. Jewism
D. Both a and b

Test Questions

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