The system of fulfilling necessities of certain goods in exchange for other goods is called what?
- aMoney system
- bBarter system
- cBanking system
- dTrade system
১৭৮টি প্রশ্ন · ১০টি বিভাগ
The system of fulfilling necessities of certain goods in exchange for other goods is called what?
In which areas of Bangladesh is the barter system still practiced?
Consider the following problems of the barter system:
To overcome the problems of the barter system, what was invented?
In modern economy, money is unanimously approved and accepted as the —
Consider the functions of money mentioned in the chapter:
Which of the following best describes money?
What is the name of money in Bangladesh?
What is the name of money in India?
What is the name of money in America?
What is the name of money in most countries of Europe?
According to the components of making, money can be classified into how many types?
Money classified by components of making includes —
The coin made by metals and used to conduct day-to-day transactions is called —
Which of the following is a metal coin available in Bangladesh?
The denominations of metal coins available in Bangladesh are —
Based on material value, metal coins are classified into how many groups?
Based on material value, metal coins are classified as —
Which coin can be sold at its visible price as metal after melting it?
A symbolic coin holds —
Generally, metal coins are introduced and authorized by —
The money made of paper is called —
Generally, the value written on a paper note is —
In almost all countries, paper money is introduced by —
Which of the following is NOT a paper note of Bangladesh?
The lowest denomination paper note of Bangladesh is —
The highest denomination paper note of Bangladesh is —
Paper money can be divided into how many parts?
Paper money is divided into —
Convertible money means the paper notes against which the government is bound to —
Which of the following is convertible money in Bangladesh?
Non-convertible money means paper notes against which —
The non-convertible money in Bangladesh is —
According to the obligation of acceptance, money is divided into —
The money approved by the government law is called —
Legal money is divided into —
Unlimited legal money means the legal money by which —
Which of the following is unlimited legal money in Bangladesh?
Limited legal money can be transacted —
Which of the following is limited legal money in Bangladesh?
Consider the limited legal money of Bangladesh:
At present, who can create bank-created money?
A commercial bank can create money by —
In our country, bank money refers to deposits in —
Bank money can be received through —
Which of the following work as a medium of exchange used by a bank?
According to the English poem cited in the chapter, money has how many functions?
"Money is a matter of functions four; A medium, a measure, a standard, a store." Which function is NOT mentioned in this line?
Consider the four major functions of money:
Why is money called the easiest and most convenient medium of exchange?
As a meter measures length and a kilogram measures weight, money is used to measure the —
Why are most products NOT suitable for storing savings?
Saving through money is —
Delayed transactions refer to —
At present, most business transactions are finalised through —
Money is considered the basis of loans and the standard of —
Apart from the four major functions, money also works as —
Consider the following additional roles of money:
The bank that saves money as deposits and provides loans to individuals or companies for commercial purposes is called —
The main objective of a commercial bank is to —
The profit of a commercial bank is —
Why does a commercial bank give loans only for short periods?
A commercial bank is known as the entrepreneur of —
Which of the following is a commercial bank of Bangladesh?
Consider the commercial banks of Bangladesh:
The first and foremost function of a commercial bank is —
Commercial banks accept how many types of deposits?
The three types of deposits accepted by a commercial bank are —
From which deposit can the account-holder withdraw money anytime, with no interest paid by the bank?
Why is no interest given on a Current Deposit?
Money in a Savings Deposit can be withdrawn —
Which deposit allows the bank to pay the highest rate of interest?
Which of the following is NOT a typical period of a Fixed Deposit mentioned in the text?
If money of a Fixed Deposit is withdrawn before maturity —
Commercial banks provide loans against —
Which of the following is accepted as surety/mortgage by a commercial bank?
Commercial banks of our country provide loans for —
Which of the following is created by commercial banks as an easy medium of exchange?
In developed countries, most transactions are accomplished through —
To support trade at national and international levels, commercial banks provide —
Which of the following is a service offered by commercial banks for trade?
Which of the following media do commercial banks use to safely and quickly transfer money?
The function of collecting foreign currency from people working abroad and handing it over to local receivers is called —
By collecting small savings spread across the country and accumulating them as deposits, commercial banks help —
Which of the following valuable items can be safely stored by a commercial bank in its locker?
Which of the following is NOT a function of a commercial bank?
Consider the following functions of a commercial bank:
According to the chapter, how many types of accounts are there in a bank?
Which of the following is NOT one of the three types of bank accounts?
Except which bank, all banks follow almost the same rules and regulations for opening accounts?
To identify himself to the bank, the applicant has to take the signature of —
Who is called the identifier in the bank account opening process?
A nominee is —
Consider the following documents required to open a bank account:
According to the example in the chapter, what is the minimum amount Sujon was asked to deposit?
After opening an account, what does the bank give to the depositor?
Deposited money can be drawn by —
Nowadays depositors can complete most account activities by using —
Which institution is positioned at the top of the banking system?
The central bank works as the guardian of —
The central bank is under —
The main aim of the central bank is —
How many central banks does an independent country have?
The central bank of Bangladesh is —
The central bank of India is —
The central bank of the USA is —
The central bank of England is —
Who is solely responsible for issuing notes and currency in a country?
In the past, what was the central bank legally required to hold as reserves to issue notes?
As the bank of the government, the central bank —
During a monetary crisis, the central bank provides which type of loan to the government?
Who authorizes licenses for new banks and their branches?
According to the banking law of Bangladesh, commercial banks must deposit what percentage of their current and fixed deposits in the central bank?
Excess loan from commercial banks may cause —
Scarcity of loan in a country causes —
Why does the central bank control the loan capacity of scheduled banks?
The central bank is called the "last money lender" because —
Which of the following is a function of the central bank to maintain stability in foreign transactions?
To keep the exchange rate stable, the central bank —
The clearing house function of the central bank involves —
Consider the following functions of the central bank:
Which of the following is NOT a function of the central bank?
In Bangladesh, who acts as the official bank and the guardian of the monetary institutions?
According to the banking system chart of Bangladesh, banks are categorised into —
Specialized organisations in the Bangladesh banking system are directed for —
Which of the following is a government commercial bank of Bangladesh?
Consider the following government commercial banks of Bangladesh:
Which of the following is a specialized bank mentioned in the chapter?
Bangladesh Bank was established by which ordinance?
At its outset, Bangladesh Bank possessed all the properties of —
Bangladesh Bank provides loans on easy terms to organisations that —
For prompt industrialization, Bangladesh Bank —
On the basis of ownership, commercial banks can be categorised into —
According to Bangladesh Bank, farmers can open a bank account by depositing only —
Commercial banks provide loans for purchasing —
Bangladesh Krishi Bank was established under which ordinance?
Bangladesh Krishi Bank was established with the assets and liabilities of —
The ownership status of Bangladesh Krishi Bank is —
The short-term loan of Bangladesh Krishi Bank is generally to be paid within —
Which of the following is purchased with the short-term loan of Bangladesh Krishi Bank?
The medium-scale loan of Bangladesh Krishi Bank is to be paid in —
Which of the following is provided by the medium-scale loan of Bangladesh Krishi Bank?
The long-term loan of Bangladesh Krishi Bank is to be paid in —
Which of the following is purchased/constructed using the long-term loan of Bangladesh Krishi Bank?
Consider the activities financed by Bangladesh Krishi Bank:
The Vendors Agreement of Bangladesh Development Bank Limited was signed on —
Bangladesh Development Bank Limited was formed by unifying which two institutions?
The maximum timeline for repaying the loan of Bangladesh Development Bank Limited is —
Which of the following industries does Bangladesh Development Bank Limited finance?
Which type of industry does Bangladesh Development Bank Limited give priority to?
Grameen Bank first emerged as a specialized financial institution in —
The target group of Grameen Bank is —
A unique feature of Grameen Bank is that it gives loans —
With which mobile company did Grameen Bank launch the Palliphone facility?
Grameen Bank provides interest-free loans to —
Consider the following sectors financed by Grameen Bank for agricultural development:
The objective of Bangladesh Cooperative Bank is to provide loans —
The ownership share of cooperative institutions in Bangladesh Cooperative Bank Limited is —
The government's ownership share in Bangladesh Cooperative Bank Limited is —
The short-term agriculture loan of Cooperative Bank is for a period of —
The medium-term agriculture loan of Cooperative Bank is for a period of —
The long-term agriculture loan of Cooperative Bank is for a period of —
Bangladesh Cooperative Bank is a partner of which government project?
What is the first and foremost function of a commercial bank?
Which of the following currencies can be used for transactions in any amount?
Arif is a marginal farmer. He could not get a loan from the bank because he had no land to mortgage. Later, his wife Arifa took an unsecured loan of 15,000 Taka from a specialized bank and opened a grocery store. Which institution provided the loan to Arifa?
Consider the contribution of the institution that gave Arifa the loan to the country's economy:
Why is money called a convenient medium of exchange?
Why are commercial banks called dealers of short-term loans?
Why is the central bank called the guardian of the money market?
What is the barter system?
How does money act as a vehicle (means) of savings?
Ratna works in a financial institution where personal loans are not provided; the institution mainly regulates and advises the activities of other financial institutions. The institution where Ratna works is —
Sumi works in a financial institution that deposits public savings, provides interest, and lends to individuals and organizations. The institution where Sumi works is —
Consider the role of the institution where Sumi works in the economy:
What is the main objective of a cooperative bank?
Mr. Rashed owns a jute mill and applied to a bank for setting up a new jute mill. The bank that provides loans for such investments is —
Farmer Jamir Ali received a long-term loan from a specialized financial institution for installing a deep tube well. The bank that gave him the loan is —