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The Nationalization Policy in Pakistan was introduced by:

The Nationalization Policy in Pakistan was introduced by:

  • (A) Ayub Khan
  • (B) Z.A. Bhutto
  • (C) General Zia-ul-Haq
  • (D) Pervez Musharraf
  • The Nationalization Policy in Pakistan was introduced by Zulfikar Ali Bhutto. The Nationalization Policy was implemented in the country in the year 1972. The government aimed at bridging the gap in income distribution by nationalizing large industries, banks, insurance companies, as well as private education institutions. The policy was implemented up to 1977.
  • Industrial Nationalization (1972): On February 2, 1972, the government nationalized 31 leading industries in 10 different sectors, including iron and steel, heavy engineering, chemicals, cement, etc.
  • Educational Institutions (1972): The government nationalized private education institutions to increase access to education.
  • Banking and Finance (1974): The government nationalized all private banks, insurance companies, as well as shipping lines in the country, effective from January 1, 1974.
  • Agro-based Industries (1976): The government nationalized small industries like cotton ginning, rice husking, flour mills, etc.
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 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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