Central Banking | MCQs

Explanation

State Bank of Pakistan Act 1956 requires the Bank to "regulate the monetary and credit system of Pakistan" 

Explanation

Explanation

According to SBP Act 2021, the governor of the State Bank of Pakistan (SBP) shall be appointed for a term of five Years

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Mr. Jameel Ahmad assumed the charge of Governor State Bank of Pakistan on August 26, 2022, after his appointment by the President of Pakistan for a period of 5 years.

Ms. Kamil is the first woman appointed as Deputy Governor of SBP.

Explanation

Explanation

Discount rate