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

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PPSC Economics Topic 7 Islamic Economics

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Question # 1

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

Question # 2

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

Question # 3

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

Question # 4

Following is the important feature of the Islamic economic system.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Usury is prohibited in

Question # 13

In 1980 the government of Pakistan promulgated.

Question # 14

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

Question # 15

Qara -e- Hasna is normally payable to.

Question # 16

Islam is against

Question # 17

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

Question # 18

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

Question # 19

Ibn-e Khaldun discussed in detail the principles of.

Question # 20

According to Islamic economic system the producers can earn.

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these
2 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
3 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
4 Zakat in an important feature of Islamic economics system which is given from
A. Poor to rich
B. Producers to consumers
C. Banks to people
D. Rich to poor
5 Islam is against
A. Miseries
B. Luxurious spending
C. a and b
D. None of these
6 A activates which do not promote human welfare cannot be encouraged.
A. Western estate
B. Police state
C. Islamic estate
D. None Islamic estate
7 According to Islamic economic system the producers can earn.
A. Normal loss only
B. Normal profit only
C. Abnormal loss
D. Abnormal profit
8 The main monetary tool in Islamic economic system regarding circulation of wealth is zakat it is for.
A. Poor and needy
B. consumers
C. Producers
D. Banks
9 Ibn-e Khaldun discussed in detail the principles of.
A. Taxation
B. Terms of trade
C. Term of rent
D. Duties of ruler
10 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

Test Questions