Which of the following is the function of State Bank of Pakistan?

PPSC Assistant Past Papers PDF / All — Multiple-choice practice

اسٹیٹ بینک آف پاکستان کا مندرجہ ذیل میں سے کون سا کام ہے؟

  1. A. Open account of General public
  2. B. Prepare annual budget
  3. C. Regulate Monetary Policy
  4. D. None of these

Correct answer

Regulate Monetary Policy

Explanation

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

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