Under the State Bank of Pakistan (SBP) Amendment Act, the Governor of the State Bank of Pakistan is appointed for how many years?

Correct answer: 5. Under the SBP (Amendment) Act 2022, the Governor is appointed for five years.

Background: The Act was passed to give the State Bank more independence.

• 2: Two years is shorter than the term in the Act.
• 3: Three years is shorter than the term in the Act.
• None of these: “None of these” is incorrect because 5 years is correct.

Did you know? The Governor can be reappointed for another term.

Memory trick: SBP Governor = 5 years.