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

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

Question # 3

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

Question # 4

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

Question # 5

Which of the following characteristics if Islamic economic system is true

Question # 6

In Islamic economic system following means of gaining wealth are permitted

Question # 7

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

Question # 8

"Zakat" is a charity on.

Question # 9

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

Question # 10

Usury is prohibited in

Question # 11

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

Question # 12

Qara -e- Hasna is normally payable to.

Question # 13

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

Question # 14

According to Islamic economic system the producers can earn.

Question # 15

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

Question # 16

In Islam absolute ownership of property lies only with.

Question # 17

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

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
2 Usury is prohibited in
A. Islam only
B. Sikhism only
C. Jewism
D. Both a and b
3 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
4 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
5 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
6 "Zakat" is a charity on.
A. Wealth / income which stays with a Muslim for at least one year
B. Levied on a Muslim who is sahib e Nisab
C. Deducted at the rate of 2.5% of the income
D. All of the above
7 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
8 Which of the following characteristics if Islamic economic system is true
A. An Islamic state is essentially a welfare state.
B. Ensure social justice
C. All economic problems are solved in the light of moral values
D. All of the above
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 Islamic economics is a social science which studies the economics of people living within the frame work of.
A. Islam
B. Nationalism
C. Arab nationalism
D. All of these

Test Questions

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