1161Pakistan Current AffairsMedium
Which Pakistani bank has been penalised with heavy fine by US authorities?
ASBP
MCQs
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Correct answer
D. NBP
Explanation
The state-owned National Bank of Pakistan (NBP) on Friday confirmed it had been fined $55.4 million by two US regulators, but maintained that no “improper transactions or willful misconduct” was found during the examination. The Federal Reserve Board and the New York State Department of Financial Services (NYDFS) announced on Thursday they fined the NBP for serious compliance deficiencies and anti-money laundering violations.
Correct answer
C. Ethiopia
Explanation
Ethiopia is set to establish its permanent mission in Pakistan soon, a top Ethiopian official said on Tuesday. Ambassador Redwan Hussein, the Ethiopian state minister for Foreign Affairs, made this announcement during an interaction with Board of Investment (BoI) Chairman Azfar Ahsan. The minister identified value-added agro-processing and garment manufacturing as sectors of potential investment in Pakistan, saying that experience-sharing in poverty alleviation represents promising avenues for both countries.
Correct answer
D. Multan Sultan
Explanation
Multan Sultan is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. Shadab Khan
Explanation
Shadab Khan is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. Muhammad Rizwan
Explanation
Muhammad Rizwan is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. Khushdil Shah
Explanation
Khushdil Shah is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
C. Multan Sultan
Explanation
Multan Sultan is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
B. Zaman Khan
Explanation
Zaman Khan is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. Rashid Riaz
Explanation
Rashid Riaz is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. Ayesha Gul
Explanation
For the first time in the history of Khyber-Pakhtunkhwa (K-P), a woman police officer has been posted as the assistant inspector general (AIG). Ayesha Gul, who hails from Swabi, became the first woman in the provincial police force to achieve this honour.