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

Following is the important feature of the Islamic economic system.

Question # 2

Qara -e- Hasna is normally payable to.

Question # 3

Islam is against

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

Usury is prohibited in

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

In 1980 the government of Pakistan promulgated.

Question # 16

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

Question # 17

"Zakat" is a charity on.

Question # 18

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

Question # 19

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

Question # 20

Ibn-e Khaldun discussed in detail the principles of.

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PPSC Economics Chapter 7 Important MCQ's

Sr.# Question Answer
1 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
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 Following is the important feature of the Islamic economic system.
A. Zakat
B. Usher
C. Mudaraba and Musharika
D. All of these
4 In 1980 the government of Pakistan promulgated.
A. the Modaraba Ordinance
B. the Musharaika Ordinance.
C. the Zakar ordinance
D. the Ushar ordinence
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 By death of any partner business will be dissolved in case of
A. Partnership
B. Musharika
C. Hire purchase
D. Mudaraba
7 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
8 In Islam absolute ownership of property lies only with.
A. Government
B. Owner of the property
C. Allah
D. None of these
9 In Islamic economic system following means of gaining wealth are permitted
A. smuggling
B. Hoarding
C. Gambling
D. None of these
10 A activates which do not promote human welfare cannot be encouraged.
A. Western estate
B. Police state
C. Islamic estate
D. None Islamic estate

Test Questions

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