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

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

Question # 2

Which of the following characteristics if Islamic economic system is true

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

Ibn-e Khaldun discussed in detail the principles of.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

Qara -e- Hasna is normally payable to.

Question # 11

"Zakat" is a charity on.

Question # 12

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

Question # 13

In 1980 the government of Pakistan promulgated.

Question # 14

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

Question # 15

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

Question # 16

Usury is prohibited in

Question # 17

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

Question # 18

In Islamic economic system following means of gaining wealth are permitted

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
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 Ibn-e Khaldun discussed in detail the principles of.
A. Taxation
B. Terms of trade
C. Term of rent
D. Duties of ruler
4 "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
5 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
6 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
7 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
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 Islam is against
A. Miseries
B. Luxurious spending
C. a and b
D. None of these
10 In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers

Test Questions