current affairs.pdf

Current Affairs by ASHFAQUR RAHMAN

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1: 2014-15

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Economic, Business, Finance and Banking

Knowledge

1. The meaning of SAFTA is- South Asian Free

Trade Area.

2. In issuing share of a company 'IPO' means-

Initial Public Offering.

3. The exchange rate of British Pound against Taka

is close to- 1 british pound=128tk??

4. The name of Malaysian currency is- Ringgit.

5. OMS stands for- Open Market Sale.

6. IMF (International Monetary fund) is an-

International Financial Institution.

7. WHO words in the area of- Health care.

8. 'The Federal Reserve System' is the central bank

of - The USA

9. DSE(Dhaka Stock Exchange) operates under the

direct control of- Securities and Exchange

Commission(SEC).

10. Dumping in international trade means- charging

a lower price for exported goods than the same

goods sold domestically which affects the domestic

producer.

11. The first central bank of the world- Bank of

England.

12. The previous name of Bangladesh Bank- State

Bank of Pakistan.

13. Treasury bills are sold by - Bangladesh Bank.

14. IDB was established in-1975.

15. In Bangladesh, fiscal years ends on- June 30.

16. In banking, SLR stands for- Statutory Liquidity

Ratio.

17. Devaluation of taka is likely to increase- export.

18. The interest rate is- the cost of using borrowed

funds.

19. The main purpose of merchant banking is to

contribute to the development of-capital market.

20. Money mainly serves as- medium of exchange

and means of barter.

21. 'The soft loan window' of World Bank is-IDA

(IDA stands for International Development

Association).

22. The father of Geometry is-Euclid.

23. In the simple Keynesian model, the magnitude

of the multiplier depends on- marginal propensity to

consume.

24. The relationship between wage-price inflation

and the level of economic activity is known as-

Phillips curve.



25. In conducting monetary policy, Bangladesh

Bank pursues a strategy of- monetary targeting.

26. Excess capacity is absent in- perfect

competition.

27. In the long run, a monopoly firm earns/incurs-

zero profit.

28. Decrease in the general level of prices is known

as-deflation.

29. Consumer surplus means- difference between

what consumer wants to pay and actual price.

30. Uruguay Round was related to- WTO

31. NBFI stands for-Non Bank Financial Institution.

32. When you purchase shares of corporate stock,

then-you own part of the corporation.

33. 'bKash' is an example of-mobile banking.

34. The Ministry responsible for collecting taxes in

Bangladesh- Ministry of Finance.

35. The first private commercial bank in

Bangladesh- AB Bank Limited.

36. Value Added Tax(VAT) introduced in

Bangladesh on- 01 July, 1991.

37. The term used for money borrowed or lent

between banks for a day or night- Call money.

38. The name of the Central Bank of India- Reserve

Bank of India.

39. An increase in the growth rate of the money

supply is most likely to be followed by- Inflation.

40. The Fiscal Year starts in Bangladesh on-1 July.

41. The major export partner country of Bangladesh

is- the USA.

42. At present number of offices of the Central

Bank country wide is- 10.

43. Taka 1 polymer note was first introduced in

Bangladesh in - 2000.

44. The Euro introduced to world financial markets-

1 January 1999.

45. The Chittagong Stock Exchange was

established in- 1995.

46. The apex body of the private sector business

community in Bangladesh is- FBCCI.

47. The act adopted for prevention of use and

transfer of money illegally is called- Money

Laundering Prevention Act.

48. BIA stand for- Bangladesh Insurance Academy.

49. The largest trading bloc in the world is- EU.

50. A common form of inter-bank short term

borrowing is- Call Money.

51. CAMEL rating is a system that- assigns a

numerical rating to a bank.

52. SWIFT is- A global fund transfer system.

53. Import quotas tend to be associated with -

expand domestic production and sales.

54. The rate at which commercial banks borrow

money from the central bank is called- bank rate.

55. Circuit breaker in a stock exchange works as-

An obstacle to excessive change in share price.

56. In Islamic Banking the customers are

considered as- partners to profit sharing.

57. Charge a lower price for exported goods than

the same goods sold domestically is called-

dumping.

58. In a stock exchange 'OTC' means- Over The

Counter.

59. Grameen Bank was established in-1983.

60. Profits of a firm that are distributed or given out

to its investors are called- dividends

61. RJSC stands for- Registrar of Joint Stock

Companies.

62. The headquarters of European Central Bank is

located in - Frankfurt, Germany.

63. In Islamic Banking SSB stands for - Shariah

Supervisory Board.

64. The organization or agency issues Two Taka

note in Bangladesh is- Ministry of Finance.

65. The free market involves- market forces of

supply and demand.



66. Investment depends mainly on- Future

Expected Profits.

67. The central bank in England is known as- Bank

of England

68. In Islamic Banking, 'IBS' stands for- Islamic

Banking Scheme.

69. The headquarter of IDB is in- Jeddah.

70. In Green Banking, ERM stands for-

Environmental Risk Management.

71. CRR stands for- Cash Reserve Ratio.

72. Buying and selling in two market

simultaneously- Arbitrage.

73. Sellers market denotes a situation where-

commodities are available at competitive rates.

74. Development means economic growth plus-

social change.

75. Money market is a market for- short term fund.

76. Devaluation of taka is likely to increase- export.

77. The term 'Secondary Market' is commonly used

in- stock market.

78. The term ' Book Building Method' is related to-

Price discovery method of IPO.

79. The main source of bank fund-deposits.

80. In a perfect competition market structure there

are-many small firms.

81. Dhaka Stock Exchange was established in-

1954.

82. Number of foreign commercial banks are now

being operated in Bangladesh is-9.

86. The headquarters of the World Bank is in-

Washington D.C.

87. The present governor of Bangladesh Bank is-

Dr. Atiur Rahman.

88. Dow Jones is related to- Stock Market.

89. WEF stands for- World Economic Forum.

90. The main export item of Middle East is-

Petroleum.

91. 'ECNEC' stands for- Executive Committee of

National Economic Council.

92. The index used in Bangladesh to measure

Inflation is - Consumer Price Index (CPI)

93. The largest stock exchanges in the world by

market capitalization in 2013 is- New York Stock

Exchange.

94. The World Trade Organization (WTO) was

established on - 1st January 1995.

95. The Islamic banking system emerged in

Bangladesh in -1983.

96. The business of banking started first in - Italy.

97. Numismatics is the study of - Coins.

98. The name of institution is known as 'Britton

Woods Institutions - IMF and World Bank.

99. The act empowers Bangladesh Bank to issue

licenses to carry out banking business in

Bangladesh is- Bank Company Act, 1991.

100. The duration of a cheque is valid for -6

months.

101. IPO is the term used in -Stock market.

102. The Cambodian currency is- Riel.

103. Government Fiscal Policy relates to- Tax

Expenditure.

104. A direct tax is- Income tax.

105. The largest tea exporter country in the world

is- SriLanka.

106. The ministry which control banking sector in

Bangladesh- Finance.

107. GATs stands for- General Agreement on

Trade and Services.

108. The number of Export Processing Zones in

Bangladesh is-8.

109. The designation of the Head of the IMF is-

Managing Director.

110. The duration of the 6th Five Year Plan is-

2011 to 2015.



111. The bank which in the USA recently paid the

hightest amount of penalty under money laundering

law-HSBC.

113. The regulatory agency for non-bank financial

institution in Bangladesh- Bangladesh Bank.

114. TICFA stands for- Trade & Investment

Cooperation Framework Agreement.

115. Total number of schedule bank in Bangladesh-

56

116. Common stock is a source of-long term

finance.

117. A devaluation of currency is expected to- in

crease export.

118. The symbol '' indicates the currency of-UK.

119. A 'CBA' represents-workers.

120. The bank interest rate are controlled by-

Bangladesh Bank.

121. The major two functions of a schedule bank-

deposit collection and lending money.

122. The most important function of money-

exchange.

123. The World Bank was established in June 25,

1946.

1. CEDAW is? -A treaty for the rights of woman

2. First Afgan war took place in? - 1839

3. The great Victoria Desert is located in? -

Australia

4. In which country Bangla is the second national

language? - Sierra Leone

5. When was Berlin Wall demolished? -1989

6. The D-8 is an organization of eight countries?-

developing

7. Who was the leader of Tebhaga Andolan of

Bangladesh? - IIa Mitra

8. Which Indian state was known as Mysore in the

past? - Karnataka

9. Who was the top scorer of 2014 FIFA World

Cup? -James Rodriguez

10. Organization of Islamic Cooperation (OIC) has

official languages? -3

11. The Chairmanship/presidency of the UN

Security Council rotate among the council

members? - Every Month

12. In Which year did Bangladesh become a

member of Commonwealth? - 1972

13. Which daily newspaper of the world has the

highest circulation? - Ashahi Ahimbun

14. Statue of peace is situated in which country? -

Japan

15. When was the Constitution of Bangladesh

adopted in the National Parliament of Bangladesh?

- 4November 1972

1. F.R Khan was? - An architect

2. G-15 is an economic grouping of? Third World

Nations.

3. Fist China War was fought between?- China and

Brtain

4. Durand Cup is associated with the game of? -

Football

5. Where was Six-point programmed declared?-

Lahore

6. For which of the following disciplines is Nobel

Prize awarded? All of them

7. Under which sector was Mujibnagar during the

war of liberation of Bangladesh? 8

8. ESCAP stands for?- Economic and Social

Commission for Asia And Pacific

9. Who is the designer of official Logo of

Bangladesh Government? - A.N.A Saha

10. The ozone layer restricts? - Ultraviolet radiation

11. Which of the following is the first private bank of

Bangladesh? Arab Bangladesh Bank

12. Eritrea, which became the 182th member of the

UN, is in the continent of? Africa

13. Fathometer is used to measure? Ocean depth

14. How many times has Brazil won the world Cup

Football Championship? -Five Times

15. Each year World Red Cross and Red Crescent

Day is celebrated on ? - May 8

current affairs.pdf

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