Pakistan Studies MCQ #319

When was the first denationalization of a bank (MCB) carried out?

Pakistan Studies MCQ #319

  1. Question 1

    Q1. When was the first denationalization of a bank (MCB) carried out?

    • A) in January 1993
    • B) in January 1989
    • C) in January 1992
    • D) in January 1991

    Answer: in January 1991

    Explanation: The first denationalization of a Pakistani bank occurred in January 1991 when Muslim Commercial Bank (MCB) was privatized during the caretaker government's reforms.