State Bank of Pakistan inaugurated by Quaid-e-Azam on:
State Bank of Pakistan inaugurated by Quaid-e-Azam on:
Answer: 1st July 1948
Quaid-e-Azam inaugurated the State Bank of Pakistan on July 1, 1948, establishing financial sovereignty. Studying this highlights its role in economic independence, the challenges of institution-building, and its impact on monetary policy. It also offers insights into how banks drive economies, providing lessons on strengthening financial systems in Pakistan.
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