What is the name of dollar-denominated diaspora bond which is going to set by Pakistani Government on 31 January 2019 for overseas Pakistanis to increase foreign exchange reserves?

Correct answer: A. Pakistan Banao Certificate

  • A. Pakistan Banao Certificate
  • B. Qarz Otaro cerificate
  • C. Khoshhal Pakistan Certificate
  • D. Pakistan Overseas Certificate

Explanation

Pakistan Banao Certificate is the dollar-denominated diaspora investment instrument introduced to attract foreign exchange from overseas Pakistanis. It was designed to strengthen Pakistan’s foreign-exchange reserves.

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