Explanation

 Habib Bank of Pakistan started its operation on August 17, 1947

The State Bank of Pakistan was inaugurated by Muhammad Ali Jinnah on 01 July 1948.

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Habib Bank Limited is a Pakistani multinational bank.

HBL was founded in 1940 by the Habib family.

HBL became Pakistan's first commercial bank.

In 1951 it opened its first international branch in Colombo, Sri Lanka.

The Government nationalized the bank in 1974 and privatized it in 2003.

In 2003 the Aga Khan Fund for Economic Development acquired a controlling share.

HBL major shareholding lies with the Aga Khan Fund for Economic Development (AKFED) which is based in Geneva, Switzerland.

As of 2018, HBL has 1700+ branches with presence in over 25 countries spanning four continents.

Explanation

Explanation

Explanation

National Bank was created on November 9, 1949, under National Bank of Pakistan Ordinance, 1949 for the purpose.

The NBP has over 1,500 branches in Pakistan and more than 18 locations overseas.

Explanation

The State Bank of Pakistan was inaugurated on 1st July 1948.

The headquarters of the State Bank of Pakistan in Karachi Sindh.

History of State Bank

Zahid Husain was the founder and the first governor of the SBP from June 1948 to July 1953.

Dr. Shamshad Akhtar was the first female Governor of the SBP in 2006.

Quaid-e-Azam Muhammad Ali Jinnah inaugurated the State Bank of Pakistan.

The Governor is appointed by the President of Pakistan.

Term of five years.

Explanation

The Quick Ratio, also called the Acid-test Ratio, measures a company’s ability to meet its short-term liabilities with its most liquid assets, excluding inventory.

Explanation

Profit maximization typically refers to maximizing net profit, which is the firm's earnings after tax (and after all expenses).

This is the amount that truly reflects the firm's profitability.

Explanation

The five major crops in Pakistan are:

1. Cotton
2. Wheat
3. Rice
4. Sugarcane
5. Maize

Cotton is the most important cash crop.

It followed by rice, which is the second main staple food crop and a major export commodity.

Cash crop means نقدی فصل

Explanation

Biggest Cities In Pakistan.

Rank Name/ Population

1 Karachi 14,910,352

2 Lahore 11,126,285

3 Faisalabad 3,203,846

Explanation

Basic hourly rate = 2000 ÷ 40 = Rs. 50/hr  

Overtime rate = 50 + 25% of 50 = 50 + 12.5 = Rs. 62.5/hr  

Let overtime hours = x

Total wage = Rs. 2000 + 62.5x = 2500  

62.5x = 500 → x = 8 hours  

Total hours = 40 + 8 = 48 hours