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PPSC Economics Chapter 7 Islamic Economics MCQs With Answers

Question # 1

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

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Islam

Nationalism

Arab nationalism

All of these

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Question # 2

In Islam absolute ownership of property lies only with.

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Government

Owner of the property

Allah

None of these

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Question # 3

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

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Poor to rich

Producers to consumers

Banks to people

Rich to poor

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Question # 4

In Islamic economic system following means of gaining wealth are permitted

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smuggling

Hoarding

Gambling

None of these

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Question # 5

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

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Kitab ul Anwal

ammali

Kitab Ul Asar

Kitab ul Khiraj

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Question # 6

Qara -e- Hasna is normally payable to.

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Needy persons

Poors

Helpless

All of these

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Question # 7

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

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Ibn e Khaldun

Ibn e Taimiya

Nasiruddin Tosi

None of these

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Question # 8

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

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Imam Abu Haneefa

ibn e Khaldun

Imam Abu Yousaf

Abu Qasim

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Question # 9

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

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Islamic consumption

Taqva is Islam

Spending in Islam

Islamic production

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