Which Bank was declared the Best Bank of Pakistan for the calendar year 2020 in 5th Pakistan Banking Awards on 8th January 2021?
Correct answer: C. Meezan Bank
- A. HBL
- B. Allied Bank
- C. Meezan Bank
- D. None of these
Explanation
Meezan Bank was named Best Bank of Pakistan for calendar year 2020 at the fifth Pakistan Banking Awards. The award recognised the bank’s overall performance in the banking sector, not merely its size.
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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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