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

Qara -e- Hasna is normally payable to.

Question # 2

In Islamic economic system following means of gaining wealth are permitted

Question # 3

In 1980 the government of Pakistan promulgated.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Islam is against

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

"Zakat" is a charity on.

Question # 13

According to Islamic economic system the producers can earn.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

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

Question # 18

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

Question # 19

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

Question # 20

In Islam absolute ownership of property lies only with.

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
2 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
3 Ibn-e Khaldun discussed in detail the principles of.
A. Taxation
B. Terms of trade
C. Term of rent
D. Duties of ruler
4 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
5 Islam is against
A. Miseries
B. Luxurious spending
C. a and b
D. None of these
6 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
7 In Islam absolute ownership of property lies only with.
A. Government
B. Owner of the property
C. Allah
D. None of these
8 The main monetary tool in Islamic economic system regarding circulation of wealth is zakat it is for.
A. Poor and needy
B. consumers
C. Producers
D. Banks
9 "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
10 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

Test Questions

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