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

Question # 2

Qara -e- Hasna is normally payable to.

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

According to Islamic economic system the producers can earn.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Islam is against

Question # 13

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

Question # 14

Following is the important feature of the Islamic economic system.

Question # 15

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

Question # 16

Which of the following characteristics if Islamic economic system is true

Question # 17

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

Question # 18

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

Question # 19

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

Question # 20

In 1980 the government of Pakistan promulgated.

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 "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
2 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
3 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
4 Forced labor is one of the greatest injustice in the world according to.
A. Imam Abu Yousaf
B. Imam Abu Qasim
C. Khalil Jabran
D. Ibn e Khaldun
5 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
6 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these
7 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
8 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
9 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
10 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

Test Questions

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