Pakistan's banking sector does NOT include? Commercial banks, Microfinance bank, Phone Bank, Islamic Bank
Pak Study / Institute — Multiple-choice practice
- A. Commercial banks
- B. Phone Bank
- C. Microfinance bank
- D. Islamic Bank
Correct answer
Phone Bank
Explanation
Explanation Pakistan's banking sector does NOT include Phone Bank as a distinct type of institution. The sector comprises commercial banks, microfinance banks, and Islamic banks, all of which are regulated by the State Bank of Pakistan.
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