SBP has announced to issue RS _______ fresh note for Eid-ul-fitr 2018?
Correct answer: C. 350bn
- A. 300bn
- B. 250bn
- C. 350bn
- D. 400bn
Explanation
For Eid-ul-Fitr 2018, the State Bank announced fresh currency notes worth approximately Rs350 billion. The amount refers to the total planned issue, not the denomination of an individual note.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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