Pakistan Current Affairs MCQs

Name the former Chairman of Securities and Exchange Commission of Pakistan (SECP) , who got jailed in Chaudhry Sugar Mills record tampering case ?

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Name the former Chairman of Securities and Exchange Commission of Pakistan (SECP) , who got jailed in Chaudhry Sugar Mills record tampering case ?

A. Zafar Abdullah
B. Zafar Hijazi
C. Zafar Jamali
D. None of them

A case was registered against Hijazi on the orders of the Supreme Court after the three-member Panama Papers case implementation bench acted on the JIT report. A local court in Islamabad sent the former Securities and Exchange Commission of Pakistan (SECP) chairman Zafar Hijazi on a 14-day judicial remand to Adiala Jail on july 29.
local court in Islamabad granted Zafar Hijazi, the former chairman of Securities and Exchange Commission of Pakistan (SECP), post-arrest bail against two surety bonds worth Rs1 million on 8 august 2017. Judge Irum Niazi granted Hijazi bail in the Chaudhry Sugar Mills record tampering case after the payment of the surety bonds.

State Bank recently grants banking licence to which Chinese Bank ?

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State Bank recently grants banking licence to which Chinese Bank ?

A. Bank of China
B. China Everbright Bank
C. Hua Xia Bank
D. Hua Xia Bank

Sate Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its business in branch mode after meeting other regulatory requirements.
The bank will initially bring $50 million to fulfil the minimum capital requirements of the SBP.