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

"Zakat" is a charity on.

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

In 1980 the government of Pakistan promulgated.

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

In Islamic economic system following means of gaining wealth are permitted

Question # 11

According to Islamic economic system the producers can earn.

Question # 12

Qara -e- Hasna is normally payable to.

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

In Islam absolute ownership of property lies only with.

Question # 16

Islam is against

Question # 17

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

Question # 18

Which of the following characteristics if Islamic economic system is true

Question # 19

Usury is prohibited in

Question # 20

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

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
2 Tax and rulers duty and terms of trade are discussed in.
A. Kitab ul Anwal
B. ammali
C. Kitab Ul Asar
D. Kitab ul Khiraj
3 Islam is against
A. Miseries
B. Luxurious spending
C. a and b
D. None of these
4 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
5 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
6 Loss must be shared according to ratio of respective investment in case of.
A. Musharika
B. Hire purchase
C. Mudaraba
D.
All of these
7 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
8 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
9 A activates which do not promote human welfare cannot be encouraged.
A. Western estate
B. Police state
C. Islamic estate
D. None Islamic estate
10 According to Islamic economic system the producers can earn.
A. Normal loss only
B. Normal profit only
C. Abnormal loss
D. Abnormal profit

Test Questions

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