Who was removed as the Chairman of the Board of Directors of PSX after directives from the Securities and Exchange Commission of Pakistan (SECP) amid the ongoing money laundering case in July 2018?
Correct answer: D. Hussain Lawai
- A. Sulaiman S Mehdi
- B. Abid Ali
- C. Fawad Ahmad fawad
- D. Hussain Lawai
Explanation
Hussain Lawai was removed as chairman of the Pakistan Stock Exchange board amid the money-laundering investigation involving him. Sulaiman S. Mehdi was a former PSX chairman, which makes his name a likely distractor.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Economy and Budget
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.
Practise Economy and Budget
509 free Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Pakistan Current Affairs questions like this
Pakistan Current Affairs is on 80 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Economy and Budget questions
Information Minister Fawad Chaudhry has defended the PTI chief's use of the helicopter by saying that the average cost is about RS ________ per km?
The government of Pakistan has decided to temporarily suspend operations at the ________ on 30th August 2018?
CLSA Ltd has decided to invest back in Pakistan. CLSA exited Pakistan in ________ due to "considerable instability" at that time?
Two flights of which airline were stopped by CAA on 19th July 2018 over dues dispute?
In budget 2018 - 2019, How much amount was allocated for National Development Program?
State Bank of Pakistan had received _____ million SMS to get fresh currency notes on the occasion of Eid-ul-Fiter in Pakistan?