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By Pakistan Current Affairs MCQs No Comments

Nisab For Zakat deduction on banks accounts was fixed at __________ by the SBP for 2020:

A. Rs44,415
B. Rs46,329
C. Rs49,750
D. None of these

Submitted by: Farjan Ahmed Soomro

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People maintaining a minimum of Rs46,329 balance in savings, profit and loss sharing or similar bank accounts in Pakistan on the first day of Ramazan will be liable to pay 2.5 per cent Zakat on the total balance.

A notification issued by the Poverty Alleviation and Social Division, quoting Administrator General Zakat for lunar year 1440-41 AH, said the Nisab had been fixed on the basis of the value of 52.5 tolas silver. This year the Zakat Nisab had been increased by Rs1,914 because of surge in gold and silver price.

The Nisab was fixed at Rs44,415 in the previous year of 2019.

Related Mcqs:

  1. According to the statement from the Poverty Alleviation and Social Safety Division (PASSD), The government has set the ‘Nisab for Zakat’ at ____________ for the year 1441-42 AH:

    A. Rs 46,329/-
    B. Rs 57,334/-
    C. Rs 80,933/-
    D. None of these

    Submitted by: Farjan Ahmed Soomro

  2. The State Bank of Pakistan (SBP) on 22 January signed an agreement with Abu Dhabi Fund for Development (ADFD) for__________to be deposited in the SBP account.

    A. $3 billion
    B. $4 billion
    C. $5 billion
    D. $7 billion

    Submitted by: Malik Asghar Hussain

  3. The State Bank of Pakistan (SBP) has directed banks to employ at least ________ percent of women in the workforce by 2023?

    A. 20 percent
    B. 30 percent
    C. 40 percent
    D. None of these

    Submitted by: Areesha Khan

  4. Who has suspended tax deduction on pre-paid mobile phone cards on 11th June 2018?

    A. Telecom companies
    B. SC
    C. Ministry of finance
    D. PTA

    Submitted by: Kashif Ashraf

  5. Who has been appointed as Deputy Governer of SBP on 20 jan, 2020?

    A. Murtaza Syed
    B. Murtaza Wahab
    C. Murtaza Raheel
    D. Murtaza Saffi

    Submitted by: Rais Rehmatullah Palal

  6. Ranking of Pakistan of doing business according to Worlds Banks Ease of doing Business Index 2020?

    A. 108
    B. 109
    C. 110
    D. 111

    Submitted by: Hafeez Alam Saila

  7. How many points Pakistan improved on Worlds Banks Ease of doing business Index 2020?

    A. 28
    B. 29
    C. 30
    D. 31

    Submitted by: Hafeez Alam Saila

  8. State Bank of Pakistan (SBP) keeps interest rate unchanged at _________ for the year 2017-18 ?

    A. 4.75%
    B. 5.75%
    C. 6%
    D. 75

  9. SBP has announced to issue RS _______ fresh note for Eid-ul-fitr 2018?

    A. 300bn
    B. 250bn
    C. 350bn
    D. 400bn

    Submitted by: Kashif Ashraf

  10. How much (FDI) increase in the first four months of current fiscal year as compared same period last fiscal year, reported by (SBP) on November 18, 2019?

    A. 138%
    B. 183%
    C. 238%
    D. 283%

    Submitted by: Malik Asghar Hussain

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