Basic Concepts of Finance and Banking
Which type of account gives lowest rate of return?-Current account
Private General insurance companies in Bangladesh must place 50% of their re-insurance business with which of the following companies?-Sadharon Bima Corporation
Specialized firm that finances young, startup companies are called---venture capital firm
Which one is the equation of money supply?-MS = CU + DD + TD
Bank rate means---Interest rate at which Bangladesh Bank lend money to other Banks
The current inflation rate of Bangladesh is close to which of the following?-8%
An increase in the growth rate of the money supply is most likely to be followed by:-Inflation
When was world bank established?-1947
Wall Street in New York is famous for what?-World's largest stock market
Which of the following is the main objective of IMF?-to proomote international trade among countries
Which one of the following is not the function of Bangladesh Bank?-Deposit Collection
What is the name of the company in power sector that was listed with the stock exchange in June 2006?-DESCO
IBRD is the name of the---World Bank
The duration of a valid cheque is:-6 months
Which of the following is not a source of long term finance?-Commarcial Paper
Where is the headquarters of the world bank group located?-Washington DC
Gradual decrease in price level is called---Deflation
Which of the following insurance products covers the exporters against losses resulting from both commercial and non-commercial (political) risks in respect of goods sold to foreign buyers on credit?-Export Credit Guarantee Scheme
Which of the following is the soft loan window of the World Bank(WB)?-IDA
Which of the following is known as 'Twin of Bertton Woods'?-IMF, IBRD
Call money rate means---Interbank short term borrowing rate
Which of the following is not a function of a commercial bank?-Credit control
Who was the founder of BARD at Comilla?-Akhter Hamid Khan
Insurance is a system of---Spreading risk
DES (Dhaka Stock Exchange) operates under the direct control of---SEC
Money appears to have a major influence on:-all of these
Who issues Five Taka and Ten Taka note?-Central Bank
Which organization or agency issuses Two Taka note in Bangladesh?-Ministry of Finance
Where is the Headquarter of Asian Development Bank located?-Manila
Which of the following issues is included in the monetary policy?-Credit control
Annual inflation rate of four or more than four digits is called---Hyper inflation
The Head Office of Asian Development Bank(ADB) is situated in---Manila
Dhaka Stock Exchange was established in----1954
Owner's share of profit of a public limited company is called---Dividend
Reduction in the price of the most of the commodities and expenditure is called---Deflation
Where is the ADB headquarters located?-Manila
Which of the following issues is included in the revenue policy?-Tax and subsidy
When you purchaes shares of corporate stock, then---You own part of the corporation
Business of banking started first in which of the following country?-Italy
Which classes of people are benefited from inflation?-Debtor
Which authoritative body regulates the stock markets of our country?-Securities & Exchange Commission
Which of the following institution is the pioneer of microfinance movement in Bangladesh?-Grameen Bank
Which of the following is not an instrument for Government borrowing?-Fixed Deposit
Floating exchange rate means conversion rate between Dollar and Taka will be determined by---Market
The act adopted for prevention of use and transfer of money illegally is called—-Money Laundering Act
The first NCB to register in the stock market is---Rupali Bank
Beta shows the --- of a stock.-systemic risk
A Bank's function do not include---manufacturing
Treasury Bills are sold by---Bangladesh Bank
How many Stock Exchanges are there in Bangladesh?-Two
Finance companies---are capital market intermediaries
SEC stands for---Securities Exchange Commission
Inflation that results from the increase in production cost is called---Cost pull inflation
When was International Moneytary Fund(IMF) established?-1945
Which of the following is not an instrument---Fixed Deposit
Which of the following insurence produtcs is not offered by Sadharan Bima Corporation?-Health
What do you understand by the term 'Call Money'?-Inter-bank short-term lending and borrowing
We open current accounts with a commercial bank for a propose of---Safe custody of funds
Which one is not a national currency----Euro
The 4th Asia-Pacific Microcredit Summit was held in which city?-Dhaka
Where is the Headquarter of International Moneytary Fund located?-Washington DC
The bank rate means----The rate at which central banks lends money to commercial bank
To allow insurance companies in private sector, 'The Insurence Corporation Act 1973' was amended in the year in the year---1984
Which of the following account (s) can the customers open with Dhaka Bank's Islamic Banking Branches?-All of these
Which of the following deposit accounts provides the lowest interest?-Current deposit
Taka 10 polymer note was first introduced in Bangladesh in---2000
In which year did Bangladesh become a member of the IMF?-1972
Inflation that results from only the increase in demand of commodities is called---Demand-pull inflation
Who regulates the Indian Stock Market?-Security and Exchange Board of India
Life insurance companies mainly provide benefits to the beneficiary of a policy upon?-Policyholder's death
Apart from DSE, which is the other stock Exchange of Bangladesh?-Chittagong Stock Exchange
The difference between a bank’s rate of interest on lending to its prime customers and the rate of interest that it pays to others on borrowings (demand, time or savings deposits) is called—-Interest spread
The currency museum of Bangladesh was established in the year---2009
Who is the current governor of Bangladesh Bank?-Dr. Atiur Rahman
When Company offers its share to public for the first time, it is known as---Initial Public Offering
What is Bangladesh Development Bank?-A merger of development finance institutions
What happens when money supply increases?-Inflation
The term 'Book Building Method' is related to---Price discovery method of IPO
Treasury Bills are issued---At discount
Which is not an instrument of Government borrowing?-Fixed Deposit
Who has offered to buy out the majority shares of Rupali Bank?-Prince Badar Bin Mohammed
Circuit breaker in a stock exchange works as---An obstacle to excessive change in share price
Stock dividend is distributerd among:-common shareholders
The central regulatory body for the banks in Bangladesh is:-Bangladesh Bank
We open accounts with a commercial bank for propose of---All of these
What does IMF stand for?-International Monetary Found
The rate that banks charge to their most creditworthy customers is generally termed as:-Interest rate
DSE operates under the direct control of---SEC
What is meant by total money supply of a country?-a + b + c
When did Bangladesh become member of Asian Development Bank?-1973
The exchange rate of British Pound against Taka is close to:-120
Which is the main source of bank fund?-deposits
Inflation meant by what type of increase?-Price level
How many development banks are there in Bangladesh for the development of agriculture sector?-2
East Pakistan Stock Exchange Association Ltd. Previous name of Dhaka Stock Exchange, was incorporated in the year.-1954
Share market of the country is regulated by:-Securities & Exchange Commission
Annual inflation rate of two or three digit is called---Galloping inflation
BO in BO Account stands for---Beneficiary Owner's
Which of the following insurance products was discontinued by Sadharan Bima Corporation in the 90's?-Crop
Too much money chasing too few goods - is a definition of what?-Inflation
Which of the following is the main source of revenue for the insurance companies in Bangladesh?-Premium
Annual inflation rate of one digit is called---Low inflation
Which of the following is a monetary policy instrument?-Open Market Operation
NBFI stands for---Non Bank Financial Institution
IMF is a(n)---International Financial Institution
The policy by which government determines revenue expenditure, tax and subsidy is called---Revenue policy
Intermediaries, who are agents of investors and match buyers with sellers of securities are called---Brokers
The term secondary market is used in---Stock Market
Which wing of the World Bank is called 'soft-loan-window'?-IDA
Which market deals in short-term credit?-Money market
What is the current Statutory Liquidity Reserve(SLR) requirement of commercial banks with Bangladesh Bank?-18%
------ insurance is the oldest form of insurance that was introduced in the 12th/13th century in the northern part of Italy.-Marine
The MFA that regulated world trade in textile and clothing phased out in---Dec 2004
The disadvantage of dividing one commodity into pieces in barter system is called---Indivisibility
The market in which transaction of long-term credit take place is called---Capital market
Stock exchanges of Bangladesh operate under the direct control of---Security Exchange Commission
In which year did the government of Bangladesh nationalized the insurence industry?-1972
When you deposit money in a bank, you are---lending it money
The insurance policy that covers risk of robbery or theft for cash on Counter which may also be provided for Stamps securities, money orders, postal orders etc is called---All of these
Who issues One Taka and Two Taka note?-Government
Money market is a---market for short term fund
Govt. Fiscal policy relates to:-Tax
Which one of the following is a specialized financial institution?-Rajshahi Krishi Unnayan Bank
When was Asian Development Bank established?-1966
Which of the following is the major stock market index in England?-FTSE
Which type of bank account does not pay interest to the depositors?-Current account
Sadharan Bima Corporation has a market share of over -- % of the total premium income of the insurence market of Bangladesh.-20
Money mainly serves as a-both (a) & (b)
The name of President of the World Bank is:-Robert Zoellick
'The Federal Reserve System' is the central Bank of---The USA
Private Insurance Companies started operating in the Bangladesh Insurance Market from---1985
The system of exchanging one commodity for another commodity is called---Barter system
If nominal interest rate is 10% and inflation rate is 4% what is the real interest rate?-6%
The world bank is a---International Financial Institution
The maximum lending rate for the commercial banks to tackle the fallout of global recession. Which sector has been kept outside this regulation?-Credit Card and Customer Loan