Bank | MCQs

Explanation

The State Bank of Pakistan was inaugurated on 1st July 1948.

The headquarters of the State Bank of Pakistan in Karachi Sindh.

History of State Bank

Zahid Husain was the founder and the first governor of the SBP from June 1948 to July 1953.

Dr. Shamshad Akhtar was the first female Governor of the SBP in 2006.

Quaid-e-Azam Muhammad Ali Jinnah inaugurated the State Bank of Pakistan.

The Governor is appointed by the President of Pakistan.

Term of five years.

Explanation

Dr. Shamshad Akhter was the first women Governor Of the State Bank Of Pakistan

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this question has appeared in question in Urdu in Rescue 1122 diver Past paper 2022

Explanation

Zahid Husain was the founder and the first governor of State Bank of Pakistan from June 1948 to July 1953.

Dr. Shamshad Akhtar became the first female Governor of State Bank of Pakistan in 2006.

Explanation

 Habib Bank of Pakistan started its operation on August 17, 1947

The State Bank of Pakistan was inaugurated by Muhammad Ali Jinnah on 01 July 1948.

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Habib Bank Limited is a Pakistani multinational bank.

HBL was founded in 1940 by the Habib family.

HBL became Pakistan's first commercial bank.

In 1951 it opened its first international branch in Colombo, Sri Lanka.

The Government nationalized the bank in 1974 and privatized it in 2003.

In 2003 the Aga Khan Fund for Economic Development acquired a controlling share.

HBL major shareholding lies with the Aga Khan Fund for Economic Development (AKFED) which is based in Geneva, Switzerland.

As of 2018, HBL has 1700+ branches with presence in over 25 countries spanning four continents.

Explanation

• The Picture on the back of the 5000 Rupee Pakistani Note Faisal Mosque 
• The first banknotes issued by the State Bank of Pakistan were released on the 1st of October 1948, printed by Thomas De La Rue & Company.
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• The Picture on the back of the 10 Rupee Pakistani Note is Khyber Pass
• The Picture on the back of the 100 Rupee Pakistani Note Quaid-e-Azam Residency
• The Picture on the back of the 500 Rupee Pakistani Note Badshahi Mosque
• The Picture on the back of the 1000 Rupee Pakistani Note Islamia College Peshawar

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  ND4-12-2022

Explanation

Insolvent means دیوالیہ

Bankrupt means دیوالیہ

Explanation

• Insolvent: One who is unable to pay his debts.
• Insolvent (Adjective): ایسا شخص جو اپنا قرض ادا نہ کر سکے۔

Explanation

First Women Bank Limited commenced its business on 02 December 1989.

First Women Bank Limited (FWBL) is a commercial bank located in Karachi

 Prime Minister Benazir Bhutto. set up the first bank in December 1988. 

Explanation

Explanation

First Women Bank Limited commenced its business on 02 December 1989.

First Women Bank Limited (FWBL) is a commercial bank located in Karachi.

 Prime Minister Benazir Bhutto set up the first bank in December 1989. 

ND8-1-2023