PPSC Economics Topic 7 MCQS Test Preparation

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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

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

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

In Islam absolute ownership of property lies only with.

Question # 7

In 1980 the government of Pakistan promulgated.

Question # 8

Which of the following characteristics if Islamic economic system is true

Question # 9

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

Question # 10

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

Question # 11

Ibn-e Khaldun discussed in detail the principles of.

Question # 12

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

Question # 13

Qara -e- Hasna is normally payable to.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

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

Question # 18

"Zakat" is a charity on.

Question # 19

According to Islamic economic system the producers can earn.

Question # 20

Usury is prohibited in

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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 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
3 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
4 In Islam absolute ownership of property lies only with.
A. Government
B. Owner of the property
C. Allah
D. None of these
5 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
6 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
7 In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers
8 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
9 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
10 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

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