Relevant Competitive Tests:
One of the most important components of ” The Constitution ( Twenty-Sixth 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, 2028Correct Answer
Correct Option: D. January 1, 2028
Detailed Explanation & Reference:
Elimination of riba\nParagraph (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 completely before” Jan 1, 2028.
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