What is the legal tender currency of the Islamic Republic of Pakistan?
Answer and explanation
Correct answer: C. Pakistani Rupee (PKR)
- Step 1: The Pakistani Rupee was put into circulation in 1948 following the partition of British India, initially using overstamped Reserve Bank of India notes.
- Step 2: The State Bank of Pakistan is the sole central bank responsible for issuing banknotes.
Answer
Pakistani Rupee (PKR)
Why not the others: 'Afghan Afghani' is the currency of Afghanistan; 'Indian Rupee' is the currency of India; 'Iranian Rial' is the currency of Iran.
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