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National Savings Organization
The Central Directorate of National Savings ( ur, ) is the state-owned savings bank of Pakistan. It operates as an attached department of the Finance Division, Ministry of Finance and is headed by Director General. Historically, the operations of National Savings have been geared towards obtaining funds from individual savers in Pakistan in order to provide non-bank financing to the government's fiscal deficit. Towards this aim, the organization offers savings products with competitive interest rates, along with a 100% guarantee from the government treasury on all deposits. Lately, National Savings has played a significant role in Financial Inclusion. National Savings is aggressively improving its customer services through digitization. It has successfully centralized its data and is now about to offer Alternative Delivery Channels for its customers. History The history of the National Savings Organization in Pakistan dates back to the British Raj when the ''Government Savings ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agency
A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role—this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, independence, and accountability of government agencies also vary widely. History Early exa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quetta
Quetta (; ur, ; ; ps, کوټه) is the tenth List of cities in Pakistan by population, most populous city in Pakistan with a population of over 1.1 million. It is situated in Geography of Pakistan, south-west of the country close to the Durand line, International border with Afghanistan. It is the capital of the Administrative units of Pakistan, province of Balochistan, Pakistan, Balochistan where it is the largest city. Quetta is at an average elevation of above sea level, making it Pakistan's only high-altitude major city. The city is known as the ''"Fruit Garden of Pakistan"'' due to the numerous fruit orchards in and around it, and the large variety of fruits and dried fruit products produced there. Located in northern Balochistan near the Durand line, Pakistan-Afghanistan border and the road across to Kandahar, Quetta is a trade and communication centre between the two countries. The city is near the Bolan Pass route which was once one of the major gateways from Ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saving Accounts
A savings account is a bank account at a retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. Traditionally, transactions on savings accounts were widely recorded in a passbook, and were sometimes called passbook savings accounts, and bank statements were not provided; however, currently such transactions are commonly recorded electronically and accessible online. People deposit funds in savings account for a variety of reasons, including a safe place to hold their cash. Savings accounts normally pay interest as well: almost all of them accrue compound interest over time. Several countries require savings accounts to be protected by deposit insurance and some countries provide a government guarantee for at least a portion of the account balance. There are many types of savings accounts, often serving particular purposes. These can include accounts f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prize Bonds
A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the ''Prize Bond Company DAC''. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by random selection of bonds. Prize Bonds are also offered in Pakistan, by the Ministry of Finance, and in the UK, under the name Premium Bonds. Background The 1956 Finance (Miscellaneous Provisions) Act is the primary legislation under which the bonds are authorised; the similar concept of Premium Bonds were introduced in the United Kingdom at the same time. Bonds were first sold in March 1957, with the first draw held in September of that year. Originally the Bank of Ireland, as the government's banker, was the operator of the scheme. When the scheme commenced, the biannual draws were in September and March where by means of six drums the winning serial number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peshawar
Peshawar (; ps, پېښور ; hnd, ; ; ur, ) is the sixth most populous city in Pakistan, with a population of over 2.3 million. It is situated in the north-west of the country, close to the International border with Afghanistan. It is the capital of the province of Khyber Pakhtunkhwa, where it is the largest city. Peshawar is primarily populated by Pashtuns, who comprise the second-largest ethnic group in the country. Situated in the Valley of Peshawar, a broad area situated east of the historic Khyber Pass, Peshawar's recorded history dates back to at least 539 BCE, making it one of the oldest cities in South Asia. Peshawer is among the oldest continuously inhabited cities of the country. The area encompassing modern-day Peshawar is mentioned in Vedic scriptures; it served as the capital of the Kushan Empire during the rule of Kanishka and was home to the Kanishka Stupa, which was among the tallest buildings in the ancient world. Peshawar was then ruled by the Hephtha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abbotabad
Abbottabad (; Urdu, Punjabi language(HINDKO dialect) آباد, translit=aibṭabād, ) is the capital city of Abbottabad District in the Hazara region of eastern Khyber Pakhtunkhwa, Pakistan. It is the 40th largest city in Pakistan and fourth largest in the province of Khyber Pakhtunkhwa by population. It is about north of Islamabad-Rawalpindi and east of Peshawar, at an elevation of . Kashmir lies a short distance to the east.People of Abbotabad speak HINDKO dialect of Following the Second Anglo-Sikh War, The British had annexed the entire Punjab region up to Peshawar. Abbottabad was founded in the early 1850s, by a British military officer in the Bengal Army of British Raj, James Abbott and replaced Haripur, as Hazara's capital. On the 9th of November 1901, the British established a North-West Frontier Province from the north-western districts of The Punjab, this meant that Abbottabad was now a part of the newly formed province. Following the Announcement of Parti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamabad
Islamabad (; ur, , ) is the capital city of Pakistan. It is the country's ninth-most populous city, with a population of over 1.2 million people, and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Built as a planned city in the 1960s, it replaced Rawalpindi as Pakistan's national capital. The city is notable for its high standards of living, safety, cleanliness, and abundant greenery. Greek architect Constantinos Apostolou Doxiadis developed Islamabad's master plan, in which he divided it into eight zones; administrative, diplomatic enclave, residential areas, educational and industrial sectors, commercial areas, as well as rural and green areas administered by the Islamabad Metropolitan Corporation with support from the Capital Development Authority. Islamabad is known for the presence of several parks and forests, including the Margalla Hills National Park and the Shakarparian. It is home to several landmarks, includin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahawalpur
Bahawalpur () is a city in the Punjab province of Pakistan. With inhabitants as of 2017, it is Pakistan's 11th most populous city. Founded in 1748, Bahawalpur was the capital of the former princely state of Bahawalpur, ruled by the Abbasi family of ''Nawabs'' until 1955. The ''Nawabs'' left a rich architectural legacy, and Bahawalpur is now known for its monuments dating from that period. The city lies at the edge of the Cholistan Desert, and serves as the gateway to the nearby Lal Suhanra National Park. History Bahawalpur was among the 584 princely states before the Partition of India. Early history Bahawalpur State was home to various ancient societies. The Bahawalpur region was part of Multan province of Mughal Empire in recent history. It contains ruins from the Indus Valley civilisation, as well as ancient Buddhist sites such as the nearby Patan minara. British archaeologist Sir Alexander Cunningham identified the Bahawalpur region as home of the Yaudheya kingdoms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sukkur
Sukkur (; ) is a city in the Pakistani province of Sindh along the western bank of the Indus River, directly across from the historic city of Rohri. Sukkur is the third largest city in Sindh after Karachi and Hyderabad, and 14th largest city of Pakistan by population. New Sukkur was established during the British era alongside the village of Sukkur. Sukkur's hill, along with the hill on the river island of Bukkur, form what is sometimes considered the "Gate of Sindh". Etymology The name Sukkur may derive from the Arabic word for "sugar," ''shakkar'', in reference to the sugarcane fields that have historically been abundant in the region. This may be an allusion to the relative prosperity of the region at the time. Others have suggested the name may derive from the word ''Suukh'', derived from a Sindhi word for "comfort." History The region around Sukkur has been inhabited for millennia. The ruins of Lakhan-jo-daro, located near an industrial park on the outskirts of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multan
Multan (; ) is a city in Punjab, Pakistan, on the bank of the Chenab River. Multan is Pakistan's seventh largest city as per the 2017 census, and the major cultural, religious and economic centre of southern Punjab. Multan is one of the List of oldest continuously inhabited cities#Asia, oldest continuously inhabited cities in Asia, with a history stretching deep into antiquity. The ancient city was the site of the renowned Multan Sun Temple, and was besieged by Alexander the Great during the Mallian Campaign. A historic cultural centre of the wider Punjab, it was conquered by the Ummayad military commander Muhammad bin qasim, Muhammad bin Qasim. The city later became independent as the capital of the Emirate of Multan in 855 A.D., before subsequently coming under the rule of empires such as the Ghaznavids, the Ghurids and the Mamluk Sultanate, Mamluks. In 1445, it became capital of the Langah Sultanate. In 1526, it was conquered by the Mughal Empire. Multan Subah would become o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyderabad (Pakistan)
Hyderabad ( Sindhi and ur, ; ) is a city and the capital of Hyderabad Division in the Sindh province of Pakistan. It is the second-largest city in Sindh, and the eighth largest in Pakistan. Founded in 1768 by Mian Ghulam Shah Kalhoro of the Kalhora Dynasty, Hyderabad served as a provincial capital until the British transferred the capital to Bombay presidency in 1840. It is about inland of Karachi, the largest city of Pakistan, to which it is connected by a direct railway and M-9 motorway. Toponymy The city was named in honour of Ali, the fourth caliph and cousin of the Prophet Muhammad. Hyderabad's name translates literally as "Lion City"—from ''haydar'', meaning "lion," and '' ābād'', which is a suffix indicating a settlement. "Lion" references Ali's valour in battle, and so he is often referred to as ''Ali Haydar'', roughly meaning "Ali the Lionheart," by South Asian Muslims. History Founding The River Indus was changing course around 1757, resulting in period ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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