State | 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

Jameel Ahmed is the current Governor of the State Bank of Pakistan (SBP)

Jameel Ahmed  became governor SBP: 19 August 2022

Previously, Murtaza Syed was SBP governor from 4 May 2022 to 19 August 2022.

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History of State Bank

• Governor is appointed by the President of Pakistan.
• Term of five years.
• Zahid Husain was the founder and the first governor of the 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

After Pakistan's first ever general elections the 1973 Constitution was created by an elected Parliament.

The Constitution declared Pakistan an Islamic Republic and Islam as the state religion.

The 1973 Constitution recognizes Urdu as Pakistan's only national language.

1973 Constitution contained 280 articles, 07 schedules and 12 chapters with Objective Resolution.

Effective date: 14 August 1973

Drafted by the Government of Zulfiqar Ali Bhutto

ND5-5-2023

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

Bahawalpur was founded in 1748 by Nawab Bahawal Khan I, after migrating to the region around Uch from Shikarpur, Sindh.

On 5 October 1947 the Nawab signed an agreement with the government of Pakistan according to which Bahawalpur State acceded to Pakistan, and the accession was accepted on 9 October. Thus the State of Bahawalpur was the first state to accede to Pakistan.

Bahawalpur is located in Punjab.

Bahawalpur mostly consists of Deserts. 

Explanation

• At the time of Independence Muslim, the community was in majority in the state of Kashmir
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• British government sold Kashmir for a sum of 7.5 million Nanakshahee rupees to Gulab Singh, hereafter bestowed with the title of Maharaja.
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• In the last census of British India in 1941, the total population of Kashmir and Jammu was 3,945,000.
• 1.The total Muslim population was 2,997,000 (75.97%),
• 2 The Hindu population was 808,000 (20.48%),
• 3.The Sikh 55,000 (1.39%)

Explanation

After Pakistan's first ever general elections the 1973 Constitution was created by an elected Parliament.

The Constitution declared Pakistan an Islamic Republic and Islam as the state religion.

The 1973 Constitution recognizes Urdu as Pakistan's only national language.

1973 Constitution contained 280 articles

 and 07 schedules with Objective Resolution.

12 chapters and

Effective date: 14 August 1973

Drafted by the Government of Zulfiqar Ali Bhutto

ND5-5-2023

Explanation

USA is a country located in North American continent. 

The United States is made up of a total of 50 states, plus the District of Columbia – or Washington D.C.

The United States also has 5 major territories and various islands.

Explanation

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

Explanation

• Quaid-e-Azam inaugurated the State Bank of Pakistan.

• Founded	1-Jul-1948
  Founded by	M.A Jinnah
  First Governor	Zahid Hussain
  First Female Governor	Shamshad Akhtar
  SBP Responsibitly	implement monetary policy
  HQ	Karachi, Sindh