Historical Financial Reserves

At the time of the creation of Pakistan, there was a cash balance of how much money?

قیام پاکستان کے وقت کتنی رقم کا کیش بیلنس تھا؟
Answer: Rs. 4 billion
Explanation

At the time of division, there was a cash balance of 4 billion rupees in the Reserve Bank of India which was to be divided between India and Pakistan in the ratio of:

17 to India

and 5 to Pakistan.

Pakistan was to receive 750 million rupees, which was initially delayed by the Indian Government.

ND22-7-2023

This question appeared in Past Papers (2 times)
MOD AD Assistant Director 20 Years Past Papers (1 times)
This question appeared in Subjects (1 times)
PAK STUDY (1 times)

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