events
Muhammad Ali Jinnah (Quaid-i-Azam) inaugurates Pakistan's central bank, the State Bank of Pakistan.
Related Wikipedia articles
Muhammad Ali Jinnah
Founder and 1st Governor-General of Pakistan (1876–1948)
Muhammad Ali Jinnah was a barrister, politician, and the founder of Pakistan. Jinnah served as the leader of the All-India Muslim League from 1913 until the inception of Pakistan on 14 August 1947 and then as Pakistan's first governor-general until his death.Source: Wikipedia (CC BY-SA)
Central bank
Government body that manages currency and monetary policy
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also…Source: Wikipedia (CC BY-SA)
State Bank of Pakistan
Central bank of Pakistan
The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably…Source: Wikipedia (CC BY-SA)