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

  • Total Questions20

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PPSC Economics Topic 7 Islamic Economics

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Question # 1

Islam is against

Question # 2

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

Question # 3

"Zakat" is a charity on.

Question # 4

Qara -e- Hasna is normally payable to.

Question # 5

Ibn-e Khaldun discussed in detail the principles of.

Question # 6

Following is the important feature of the Islamic economic system.

Question # 7

For a Muslim living within the code of Islam primary source for the the solution of economic problems is.

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

Usury is prohibited in

Question # 12

In Islam absolute ownership of property lies only with.

Question # 13

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

Question # 14

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

Question # 15

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

Question # 16

Which of the following characteristics if Islamic economic system is true

Question # 17

According to Islamic economic system the producers can earn.

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 Qara -e- Hasna is normally payable to.
A. Needy persons
B. Poors
C. Helpless
D. All of these
2 "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
3 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
4 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
5 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
6 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
7 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
8 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
9 In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers
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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