BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Bank of China has formally launched its operations in Pakistan with its first branch inaugurated in
A
Lahore
B
Islamabad
C
Peshawar
D
Karachi
Explanation: 

Detailed explanation-1: -2021 HBL became the first Pakistani bank to open a branch and serve clients in Beijing, China.

Detailed explanation-2: -Detailed Solution. The SBI’s Shanghai branch is now connected to China’s National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it.

Detailed explanation-3: -State Bank of Pakistan has been witness to various historic moments. The State Bank itself was inaugurated by Quaid-i-Azam Muhammad Ali Jinnah on 1st July, 1948. The State Bank of Pakistan on 1st July, 1948.

Detailed explanation-4: -On 1st July 1948, Quaid-e-Azam, Muhammad Ali Jinnah inaugurated the State Bank of Pakistan, housed in Victoria Museum Building rented from Karachi Municipal Corporation.

There is 1 question to complete.