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In Pakistan, banks deduct Zakat on the ________ each year.

A1st Rajab
B15 Shaban
C1st Ramzan
D2nd Zilhajj

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Correct Answer: C: 1st Ramzan

Explanation: The correct answer is C: 1st Ramzan. In Pakistan, banks deduct Zakat on the 1st of Ramzan each year. The Zakat deduction is made on savings accounts that meet the Nisab threshold under the Zakat and Ushr Ordinance 1980.

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