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

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

Question # 2

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

Question # 3

Which of the following characteristics if Islamic economic system is true

Question # 4

The Islamic mode of business where the subscriber participate with the money and the manager with skill and labor is.

Question # 5

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

Question # 6

Qara -e- Hasna is normally payable to.

Question # 7

"Zakat" is a charity on.

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Following is the important feature of the Islamic economic system.

Question # 13

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

Question # 14

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

Question # 15

In 1980 the government of Pakistan promulgated.

Question # 16

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

Question # 17

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

Question # 18

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

Question # 19

In Islam absolute ownership of property lies only with.

Question # 20

In Islamic economic system following means of gaining wealth are permitted

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
2 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
3 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
4 In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers
5 In Islamic economic system business is allowed in the field of.
A. Halal goods only
B. beneficial goods
C. Consumer goods
D. All of these
6 Usury is prohibited in
A. Islam only
B. Sikhism only
C. Jewism
D. Both a and b
7 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these
8 A activates which do not promote human welfare cannot be encouraged.
A. Western estate
B. Police state
C. Islamic estate
D. None Islamic estate
9 One of the following is the renowned book of Imam Abu Yousaf
A. Kitab ul khiraj
B. Kitab ul Anwal
C. Kitab ul Aloom
D. All of the sese
10 Conspicuous consumption on unproductive assets and luxurious goods is considered against the concept of.
A. Islamic consumption
B. Taqva is Islam
C. Spending in Islam
D. Islamic production

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