"Sikka Baqaida" is an initiative by State bank of Pakistan, To facilitate the:
Correct answer: C. Low-income and Unbanked population of the country.
- A. High-income and unbanked population of the country.
- B. High-income and banked population of the country.
- C. Low-income and Unbanked population of the country.
- D. Low-income and banked population of the country.
Explanation
“Sikka Baqaida” was designed to bring low-income and unbanked people into the formal financial system. It therefore targets financial inclusion rather than already banked or high-income groups.
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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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