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

According to Islamic economic system the producers can earn.

Question # 2

In 1980 the government of Pakistan promulgated.

Question # 3

Which of the following characteristics if Islamic economic system is true

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Islam is against

Question # 8

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

Question # 9

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

Question # 10

In Islam absolute ownership of property lies only with.

Question # 11

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

Question # 12

Usury is prohibited in

Question # 13

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

Question # 14

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

Question # 15

Qara -e- Hasna is normally payable to.

Question # 16

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

Question # 17

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

Question # 18

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

Question # 19

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

Question # 20

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

Prepare Complete Set Wise PPSC Economics Topic 7 Islamic Economics MCQs Online With Answers


Topic Test

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
2 In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers
3 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
4 Mudaraba business is administered by the Mudaraba companies and Mudaraba rules .
A. 1990
B. 1980
C. 1981
D. 1978
5 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
6 Qara -e- Hasna is normally payable to.
A. Needy persons
B. Poors
C. Helpless
D. All of these
7 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
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 Usury is prohibited in
A. Islam only
B. Sikhism only
C. Jewism
D. Both a and b
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

Test Questions

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