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Basic Concepts of Finance and Banking

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Question: What does BIA stand for?

  1. a.
    Bangladesh Insurance Association
  2. b.
    Bank for international Assistance
  3. c.
    Bangladesh Insurance Authority
  4. d.
    Board of Investment Act
  5. e.
    Bangladesh Insurance Academy
Answer: e

Question: Which of the following is not a function of a commercial bank?

  1. a.
    Deposit mobilization
  2. b.
    Credit control
  3. c.
    Providing credit
  4. d.
    Discounting bills
  5. e.
    Providing agency service
Answer: b

Question: Which of the following is known as 'Twin of Bertton Woods'?

  1. a.
    IMF, IDA
  2. b.
    IMF, IBRD
  3. c.
    ILO, IDA
  4. d.
    ILO, IBRD
Answer: b

Question: Which of the following issues is included in the monetary policy?

  1. a.
    Duty
  2. b.
    Export-Import
  3. c.
    Tax and subsidy
  4. d.
    Credit control
  5. e.
    None of these
Answer: d

Question: Taka 10 polymer note was first introduced in Bangladesh in--

  1. a.
    2000
  2. b.
    2001
  3. c.
    1999
  4. d.
    2002
  5. e.
    2003
Answer: a

Question: The bank rate means---

  1. a.
    The rate at which commercial banks lend money
  2. b.
    The rate at which central banks lends money to commercial bank
  3. c.
    The rate at which interest on deposite is fixed
  4. d.
    The rate at which commercial banks lend to others commercial banks
  5. e.
    None of these
Answer: b

Question: How many Stock Exchanges are there in Bangladesh?

  1. a.
    Three
  2. b.
    Two
  3. c.
    One
  4. d.
    Four
  5. e.
    None of these
Answer: b

Question: Who was the founder of BARD at Comilla?

  1. a.
    Abdul Hamid Khan Bhasani
  2. b.
    Akhter Hamid Khan
  3. c.
    Dr. Md Younus
  4. d.
    Hamidul Hoque Chowdhury
  5. e.
    Zafrullah Choudhury
Answer: b

Question: Annual inflation rate of one digit is called--

  1. a.
    Low inflation
  2. b.
    Galloping inflation
  3. c.
    Hyper inflation
  4. d.
    Cost-pull inflation
  5. e.
    None of the above
Answer: a

Question: Stock dividend is distributerd among:

  1. a.
    preference shareholders
  2. b.
    debenture holders
  3. c.
    common shareholders
  4. d.
    directors
  5. e.
    executives
Answer: c

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