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State 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 enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC), the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan, including the capital Islamabad and the four provincial capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ownershi ...
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Seal (emblem)
A seal is a device for making an impression in Sealing wax, wax, clay, paper, or some other medium, including an Paper embossing, embossment on paper, and is also the impression thus made. The original purpose was to authenticate a document, or to prevent interference with a package or envelope by applying a seal which had to be broken to open the container (hence the modern English verb "to seal", which implies secure closing without an actual wax seal). The seal-making device is also referred to as the seal ''matrix'' or ''die''; the imprint it creates as the seal impression (or, more rarely, the ''sealing''). If the impression is made purely as a relief resulting from the greater pressure on the paper where the high parts of the matrix touch, the seal is known as a ''dry seal''; in other cases ink or another liquid or liquefied medium is used, in another color than the paper. In most traditional forms of dry seal the design on the seal matrix is in Intaglio (sculpture), intag ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Muhammad Ali Jinnah
Muhammad Ali Jinnah (born Mahomedali Jinnahbhai; 25 December 187611 September 1948) 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. Born at Wazir Mansion in Karachi, Jinnah was trained as a barrister at Lincoln's Inn in London, England. Upon his return to India, he enrolled at the Bombay High Court, and took an interest in national politics, which eventually replaced his legal practice. Jinnah rose to prominence in the Indian National Congress in the first two decades of the 20th century. In these early years of his political career, Jinnah advocated Hindu–Muslim unity, helping to shape the 1916 Lucknow Pact between the Congress and the All-India Muslim League, in which Jinnah had also become prominent. Jinnah became a key leader in the All-India Home Rule League, and propose ...
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Gold
Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals. It is one of the least reactivity (chemistry), reactive chemical elements, being the second-lowest in the reactivity series. It is solid under standard temperature and pressure, standard conditions. Gold often occurs in free elemental (native state (metallurgy), native state), as gold nugget, nuggets or grains, in rock (geology), rocks, vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as in electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to ...
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India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ...
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British Raj
The British Raj ( ; from Hindustani language, Hindustani , 'reign', 'rule' or 'government') was the colonial rule of the British The Crown, Crown on the Indian subcontinent, * * lasting from 1858 to 1947. * * It is also called Crown rule in India, * * * * or direct rule in India. * Quote: "Mill, who was himself employed by the British East India company from the age of seventeen until the British government assumed direct rule over India in 1858." * * The region under British control was commonly called India in contemporaneous usage and included areas directly administered by the United Kingdom of Great Britain and Ireland, United Kingdom, which were collectively called ''Presidencies and provinces of British India, British India'', and areas ruled by indigenous rulers, but under British British paramountcy, paramountcy, called the princely states. The region was sometimes called the Indian Empire, though not officially. As ''India'', it was a founding member of th ...
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Independence
Independence is a condition of a nation, country, or state, in which residents and population, or some portion thereof, exercise self-government, and usually sovereignty, over its territory. The opposite of independence is the status of a dependent territory or colony. The commemoration of the independence day of a country or nation celebrates when a country is free from all forms of colonialism; free to build a country or nation without any interference from other nations. Definition Whether the attainment of independence is different from revolution has long been contested, and has often been debated over the question of violence as legitimate means to achieving sovereignty. In general, revolutions aim only to redistribute power with or without an element of emancipation, such as in democratization ''within'' a state, which as such may remain unaltered. For example, the Mexican Revolution (1910) chiefly refers to a multi-factional conflict that eventually led to a ...
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Pakistan Security Printing Corporation
Pakistan Security Printing Corporation is a Pakistani securities printing company based in Karachi. It is a subsidiary of the State Bank of Pakistan. It prints security notes and prize bonds. History Pakistan Security Printing Corporation was established in 1949 for the printing of securities including currency notes for the federal government. In 1995, Pakistan Security Printing Corporation formed a joint venture with SICPA to form SICPA Pakistan with a production facility in Karachi. SICPA Pakistan produces security inks used in banknotes of all denominations, as well as other security documents such as passports, postage stamps, and stamp papers. In July 2017, it was acquired by the State Bank of Pakistan from the Government of Pakistan for . In the same year, National Security Printing Company was incorporated which tookover tasks of printing passports, national identity cards, and stamp papers from Pakistan Security Printing Corporation. In August 2024, National Sec ...
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List Of Banks In Pakistan
The following list contains all the notable banks in Pakistan. State Bank of Pakistan is the Central Bank of Pakistan. Systemically Important Banks Domestically Systemically Important Banks Source: * * Scheduled Banks Public Sector Banks Private Banks Public Sector Non-Schedule Banks # Bank of Azad Jammu and Kashmir Private Banks # Habib Bank AG Zurich (Parent of HabibMetro) # Silkbank (Subsidiary of United Bank Limited) Islamic banks Many Islamic Banks are working in Pakistan. The list of banks is given below: # Meezan Bank Limited # Soneri Mustaqeem Islamic Bank # Dubai Islamic Bank # Al Baraka Bank (Pakistan) Limited - Al Baraka Bank # Bank Alfalah Islamic # Bank Makramah Limited (BML) # BankIslami Pakistan Limited # Askari Bank Limited # MCB Islamic Banking # UBL Islamic Banking # HBL Islamic Banking # NBP Islamic Banking # Bank Al Habib Islamic Banking # Bank of Punjab Islamic Banking # Faysal Bank (Islamic) # HabibMetro (Sirat Islam ...
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National Institute Of Banking And Finance
The National Institute of Banking and Finance (NIBAF) is a subsidiary of the State Bank of Pakistan (SBP) head by the managing director, a board of directors and the governor of State Bank of Pakistan. NIBAF, a non-profit organisation, aims at providing training and development to central and commercial bankers at national as well as international level. One of its important roles is to develop human capital of SBP and its subsidiaries. It has trained 140 participants from friendly countries through 22 weeks of training during the financial year 2006-07. History The National Institute of Banking and Finance (NIBAF) was set up on 8 March 1993 as a 'Private Limited Company by Guarantee' and was sponsored by the erstwhile Pakistan Banking Council (PBC) in collaboration with National Bank of Pakistan, Habib Bank Limited, United Bank Limited, Muslim Commercial Bank, The Bank of Punjab and Allied Bank Limited. The core purpose was to encourage the study of theory and practice of b ...
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Quetta
Quetta is the capital and largest city of the Pakistani province of Balochistan. It is the ninth largest city in Pakistan, with an estimated population of over 1.6 million in 2024. It is situated in the south-west of the country, lying in a valley surrounded by mountains on all sides. Quetta is at an average elevation of above sea level, making it Pakistan's highest 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 fresh and dried fruits produced there. Located in northern Balochistan near the 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, which was on a major gateway from Central Asia to South Asia. Etymology The name ''Quetta'' is a variation of the Pashto word ''Kwatkōṭ'', or ''kōta'' meaning "fortress". Quetta was formerly known as Shalkot ( ...
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Peshawar
Peshawar is the capital and List of cities in Khyber Pakhtunkhwa by population, largest city of the Administrative units of Pakistan, Pakistani province of Khyber Pakhtunkhwa. It is the sixth most populous city of Pakistan, with a district population of over 4.7 million in the 2023 census. It is situated in the north-west of the country, lying in the Valley of Peshawar. 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. The area encompassing modern-day Peshawar is mentioned in the Vedic scriptures; it was one of the principal cities of the Gandhara, ancient Gāndhāra. Peshawar 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 ...
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