Which Pakistani institution regulates and supervises the country’s banking sector?
AState Bank of Pakistan
BSecurities and Exchange Commission
CFederal Board of Revenue
DCompetition Commission
Explanation
– It is Pakistan’s central bank, established in 1948.
– It regulates monetary policy and currency issuance.
– It also supervises commercial banks operating in Pakistan.
Exam Relevance
- Topic: Economy
- Subtopic: Banking History
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