Sargodha University MA Economics Paper-V Islamic Economics Past Papers 2016
Here you can download Past Papers of Paper-V Islamic Economics, MA Economics Part One, 1st & 2nd Annual Examination, 2016 University of Sargodha.
Islamic Economics UOS Past Papers 2016
M.A. Economics Part– I
Paper-V(Islamic Economic) 1st Annual Exam.2016
Time: 3 Hours Marks:100
Note: Objective part is compulsory. Attempt any four questions from subjective Part.
Q.1: Write short answers of the following in two lines on your answer book.
- Social Justice
- Insurance in Islam
- Dignity of Labour
- Imam Abu-Yousaf
- Welfare state
Q.2: Why Interest was prohibited in Islam? Also describe the economic justification of prohibition of interest.
Q.3: Describe the salient features of Islamic Economic System and how it is different from Capitalism?
Q.4: Define Fiscal Policy and Zakat and Explain the role of Zakat as a tool Fiscal Policy in an Islamic State.
Q.5: Analyse Equilibrium of a business firm in true Islamic Environment and explain the Islamic code of business ethics.
Q.6: Define Justice and Benevolence and explain its economic importance.
Q.7: Write note on the following.
- Difference between “Bai-Salam & Bai-Mujjal”
- Right of Labour
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