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

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

Question # 3

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

Question # 4

Which of the following characteristics if Islamic economic system is true

Question # 5

In Islamic economic system following means of gaining wealth are permitted

Question # 6

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

Question # 7

In Islam absolute ownership of property lies only with.

Question # 8

Usury is prohibited in

Question # 9

Islam is against

Question # 10

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

Question # 11

In Islamic economic system holding is considered against the right 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

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

Question # 14

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

Question # 15

Following is the important feature of the Islamic economic system.

Question # 16

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

Question # 17

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

Question # 18

"Zakat" is a charity on.

Question # 19

Ibn-e Khaldun discussed in detail the principles of.

Question # 20

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

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
2 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
3 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
4 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
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 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
7 "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
8 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
9 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
10 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these

Test Questions

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