PPSC Economics Topic 7 Islamic Economics

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.

Top Scorers Of PPSC Economics Topic 7 Islamic Economics MCQ`s Test

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HaRaL Official 02 - Jun - 2024 00 Min 27 Sec 20/20
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Shahida 01 - Sep - 2021 03 Min 11 Sec 20/20
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queen princes 27 - May - 2022 02 Min 13 Sec 19/20
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romana 27 - Jun - 2021 04 Min 01 Sec 19/20
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Abdul subhan 29 - Jun - 2021 04 Min 23 Sec 19/20
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Arooj Awan 12 - Jul - 2023 02 Min 40 Sec 18/20
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Mehmood ul hassan 13 - Nov - 2023 04 Min 32 Sec 18/20
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Ayesha siddiqa 03 - Jul - 2021 03 Min 40 Sec 17/20
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Murtaza Gillani 13 - Jul - 2024 04 Min 10 Sec 15/20
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Abdul Qayyum 26 - May - 2024 04 Min 36 Sec 15/20
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Shama Suleman 21 - May - 2022 05 Min 02 Sec 15/20
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Amjad Ali 08 - Jun - 2023 05 Min 29 Sec 14/20
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Umer Anwer 27 - May - 2022 07 Min 43 Sec 14/20
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shahzeb 20 - Apr - 2024 03 Min 47 Sec 13/20
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arfan 19 - Feb - 2022 05 Min 26 Sec 13/20

PPSC Economics Chapter 7 Important MCQ's

Sr.#	Question	Answer
1	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
2	Tax and rulers duty and terms of trade are discussed in.	A. Kitab ul Anwal B. ammali C. Kitab Ul Asar D. Kitab ul Khiraj
3	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
4	Mudaraba business is administered by the Mudaraba companies and Mudaraba rules .	A. 1990 B. 1980 C. 1981 D. 1978
5	Conspicuous consumption on unproductive assets and luxurious goods is considered against the concept of.	A. Islamic consumption B. Taqva is Islam C. Spending in Islam D. Islamic production
6	"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
7	Loss must be shared according to ratio of respective investment in case of.	A. Musharika B. Hire purchase C. Mudaraba D. All of these
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	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
10	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

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