SBP | MCQs

Explanation

According to SBP Act 2021, the governor of the State Bank of Pakistan (SBP) shall be appointed for a term of five Years

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Mr. Jameel Ahmad assumed the charge of Governor State Bank of Pakistan on August 26, 2022, after his appointment by the President of Pakistan for a period of 5 years.

Ms. Kamil is the first woman appointed as Deputy Governor of SBP.

Sh1-9-2023

Explanation

The State Bank of Pakistan (SBP) has directed banks to employ at least 20 per cent of women in the workforce by 2023.

This announcement was made in March 2022.

Explanation

Ghulam Ishaq Khan, was a Pakistani bureaucrat who served as the seventh president of Pakistan.

He was the founder of his namesake Ghulam Ishaq Khan Institute. 

Born: January 20, 1915, Bannu

Died: October 27, 2006, Peshawar

Education: University of Peshawar

Presidential term: August 17, 1988 – July 18, 1993

Explanation

State Bank of Pakistan unveiled its third five-year Strategic Plan for the Islamic Banking Industry on April 5, 2021.

The strategic plan has set headline targets for Islamic banking industry to be achieved by 2025.

State Bank of Pakistan commenced operation on July 1, 1948.