Question

When the banks were nationauzed in Pakistan​

Answer 1

Answer:

After the success of the first stage, the nationalisation programme stepped into the second stage when it was launched on 1 January 1974, intending to nationalised the banking and financial industry and sector in Pakistan.

Explanation:

Answer 2

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The nationalization of Pakistan's 15 private banks and the Government control of the shipping and oil industries place almost all financial institutions and major industries in Government hands.

After the success of the first stage, the nationalisation programme stepped into the second stage when it was launched on 1 January 1974, intending to nationalised the banking and financial industry and sector in Pakistan.

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