One of the most important components of ”The Constitution (26th amendment) Act, 2024” is the complete eradication of Riba (Interest) from the country by:

A. January 1, 2025
B. January 1, 2026
C. January 1, 2027
D. January 1, 2028

Answer

Correct Answer: D. January 1, 2028


Detail About MCQs

Elimination of riba Paragraph (f) of Article 38 (promotion of social and economic well-being of the people), which currently only mentions “eliminate riba as early as possible”, shall be replaced with “eliminate riba before” Jan 1, 2028.

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