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A. June 1, 1948
B. July 1, 1948
C. August 14, 1948
D. December 25, 1948

Submitted by: Areesha Khan

The State Bank of Pakistan, the country’s central bank, was inaugurated on July 1, 1948, by Muhammad Ali Jinnah.

The Bank was inaugurated on July 1, 1948 by Quaid-e-Azam Muhammad Ali Jinnah, who thus observed on the guiding principles of the newly-created central bank: “I need hardly dilate on the important role that the State Bank will have to play in regulating the economic life of our country.

Correct Answer: July 1, 1948

Last Updated: November 26, 2024