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

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

Question # 2

Usury is prohibited in

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

Qara -e- Hasna is normally payable to.

Question # 7

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

Question # 8

Which of the following characteristics if Islamic economic system is true

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

In Islam absolute ownership of property lies only with.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

In 1980 the government of Pakistan promulgated.

Question # 18

Following is the important feature of the Islamic economic system.

Question # 19

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

Question # 20

Ibn-e Khaldun discussed in detail the principles of.

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
2 A activates which do not promote human welfare cannot be encouraged.
A. Western estate
B. Police state
C. Islamic estate
D. None Islamic estate
3 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
4 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
5 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
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 In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers
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 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
10 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

Test Questions

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