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Pakistan State Bank started working on 1st July, 1948 with a sum of:

Pakistan State Bank started working on 1st July, 1948 with a sum of:

  • (A) 20 million rupees
  • (B) 30 million rupees
  • (C) 35 million rupees
  • (D) 40 million rupees
THE State Bank of Pakistan (SBP) was inaugurated on July 1, 1948, by Quaid-e-Azam Muhammad Ali Jinnah. It had an authorized capital of Rs. 30 million, divided into 300,000 shares of Rs. 100 each. The central government subscribed 51% while the remaining was offered to the public.
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 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
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