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Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).

Economy & DevelopmentRegulatory Bodies & National Institutions

What is the responsibility of State Bank of Pakistan (SBP)?

  1. A.Conduct elections
  2. B.Collect tax revenue
  3. C.Manage foreign affairs
  4. D.Implement monetary policyCorrect answer

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Quick fact: The State Bank of Pakistan (SBP) is responsible for implementing monetary policy in the country.

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