World Economy Quiz - High IQ Required
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This quiz has questions from all over the world to test your IQ about current affairs! This differs from regular news broadcasts that place emphasis on news reports presented for simple presentation as soon as possible, often with a minimum of analysis.
You can answer all the questions in this quiz? Only the ones with High IQ can score the highest.
Questions and Answers
- 1.
Which country is not World Trade Organization member?
- A.
Libya
- B.
Turkmenistan
- C.
Liberia
- D.
South Korea
Correct Answer
B. TurkmenistanExplanation
Turkmenistan is not a member of the World Trade Organization (WTO). The WTO is an international organization that deals with global trade rules and regulations. Turkmenistan has not yet joined the WTO, which means it is not bound by the organization's trade agreements and does not benefit from the privileges and protections that WTO membership provides.Rate this question:
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- 2.
Who is the present Managing Director of the International Monetary Fund?
- A.
Gita Gopinath
- B.
Gita Gopinath
- C.
Leonardo Villar
- D.
Kristalina Georgieva
Correct Answer
D. Kristalina GeorgievaExplanation
Kristalina Georgieva is the correct answer for the present Managing Director of the International Monetary Fund (IMF). Gita Gopinath is an Indian-American economist who currently serves as the Chief Economist of the IMF, but she is not the Managing Director. Leonardo Villar is not associated with the IMF. Therefore, Kristalina Georgieva is the correct choice for the present Managing Director of the IMF.Rate this question:
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- 3.
Padma Bridge was designed by an American multinational engineering company named _____.
- A.
BECHTEL
- B.
Jacobs Engineering Group
- C.
Fluor Corporation
- D.
AECOM
Correct Answer
D. AECOMExplanation
The correct answer is AECOM. AECOM is an American multinational engineering company that was involved in the design of the Padma Bridge.Rate this question:
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- 4.
Bangladeshi Beximco Pharma ties up with an Indian Pharmaceutical company to produce Covid-19 vaccine. What is the name of this Indian company?
- A.
Bharat Biotech
- B.
Panacea Biotec Ltd.
- C.
Serum Institute of India
- D.
Indian Immunologicals Ltd.
Correct Answer
C. Serum Institute of IndiaExplanation
The correct answer is Serum Institute of India. This Indian company has partnered with Bangladeshi Beximco Pharma to produce the Covid-19 vaccine.Rate this question:
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- 5.
Who is the highest taxpayer organization in telecommunication category in 2019?
- A.
Robi
- B.
Banglalink
- C.
BTCL
- D.
Grameenphone
Correct Answer
D. GrameenpHoneExplanation
Grameenphone is the highest taxpayer organization in the telecommunication category in 2019. This implies that Grameenphone has paid the highest amount of taxes among all the organizations in the telecommunication sector.Rate this question:
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- 6.
Which country has the highest GDP in 2020?
- A.
Japan
- B.
China
- C.
USA
- D.
India
Correct Answer
C. USAExplanation
The correct answer is USA. The United States has the highest GDP in 2020. This can be attributed to various factors such as its large and diverse economy, technological advancements, strong consumer spending, and robust financial markets. Additionally, the USA has a high level of industrialization and is home to many multinational corporations, contributing to its economic strength.Rate this question:
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- 7.
What is the rank of Bangladesh in the World economy ?
- A.
38th
- B.
39th
- C.
40th
- D.
41th
Correct Answer
B. 39thExplanation
The correct answer is 39th. This suggests that Bangladesh is ranked 39th in the world economy.Rate this question:
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- 8.
Which company has world's most market value?
- A.
Amazon
- B.
Saudi Aramco
- C.
Microsoft
- D.
Apple
Correct Answer
D. AppleExplanation
Apple has the world's most market value because it is a highly successful and innovative company that has consistently generated high revenues and profits. It is known for its popular products such as the iPhone, iPad, and Mac computers, which have a large global customer base. Apple's strong brand reputation and loyal customer following have contributed to its market dominance and high valuation. Additionally, the company has a strong presence in various sectors, including technology, entertainment, and services, which further contributes to its market value.Rate this question:
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- 9.
A noodles producing company became one of the world's biggest electronics companies. The name of the company is _______
Correct Answer
SamsungExplanation
The question states that a noodles producing company became one of the world's biggest electronics companies. The correct answer, Samsung, is a well-known electronics company. This suggests that Samsung, which originally produced noodles, successfully transitioned into the electronics industry and achieved significant growth and success in that field.Rate this question:
- 10.
Walmart wants to form an alliance with Microsoft to buy Chinese app named ___.
- A.
UC browser
- B.
Tiktok
- C.
ShareIT
- D.
Clubfactory
Correct Answer
B. TiktokExplanation
Walmart wants to form an alliance with Microsoft to buy the Chinese app TikTok. This suggests that Walmart sees potential value in acquiring TikTok, possibly for its e-commerce capabilities or to expand its digital presence in the Chinese market. By partnering with Microsoft, Walmart may also benefit from their expertise in technology and digital platforms. This strategic move could help Walmart strengthen its competitive position and tap into the large user base of TikTok in China.Rate this question:
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- 11.
Bangabandhu Satellite-1 was manufactured by a French-Italian aerospace manufacturer named _____.
- A.
SpaceX
- B.
Thales Alenia Space
- C.
Airbus
- D.
Blue Origin
Correct Answer
B. Thales Alenia SpaceExplanation
Thales Alenia Space is the correct answer because it is a French-Italian aerospace manufacturer that specializes in the production of satellites. They were responsible for manufacturing the Bangabandhu Satellite-1, which was launched by SpaceX. Airbus is a European aerospace corporation, and Blue Origin is an American aerospace manufacturer, neither of which were involved in the manufacturing of the Bangabandhu Satellite-1.Rate this question:
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- 12.
Who is The Director-General of the World Trade Organization, who has recently resigned ?
- A.
Peter Sutherland
- B.
Arthur Dunkel
- C.
Roberto Azevedo
- D.
Tedros Adhanom
Correct Answer
C. Roberto AzevedoExplanation
Roberto Azevedo is the correct answer because he recently resigned as the Director-General of the World Trade Organization.Rate this question:
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- 13.
Who is the world's largest retailer?
- A.
Amazon
- B.
Walmart
- C.
Costco
- D.
Kroger
Correct Answer
B. WalmartExplanation
Walmart is considered the world's largest retailer because of its massive global presence and revenue. With thousands of stores worldwide and a wide range of products, Walmart has established itself as a dominant force in the retail industry. The company's extensive supply chain and efficient operations have contributed to its success, allowing it to offer competitive prices and attract a large customer base. Walmart's continuous expansion and successful business strategies have solidified its position as the top retailer globally.Rate this question:
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- 14.
Google was founded by ____. i.Larry Page ii.Eric Schmidt iii.Sergey Brin Choose the right answer:
- A.
I & ii
- B.
I & iii
- C.
Ii & iii
- D.
I, ii & iii
Correct Answer
B. I & iiiExplanation
Google was founded by Larry Page and Sergey Brin. Eric Schmidt was not one of the founders of Google, but he did join the company as CEO in 2001. Therefore, the correct answer is i & iii, as Larry Page and Sergey Brin were the founders of Google.Rate this question:
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- 15.
Who is leading the smartphone market in Bangladesh in 2020?
- A.
Oppo
- B.
Huawei
- C.
Xiaomi
- D.
Samsung
Correct Answer
D. SamsungExplanation
Samsung is leading the smartphone market in Bangladesh in 2020. This can be attributed to several factors such as Samsung's strong brand reputation, wide range of smartphone offerings, and their ability to cater to different segments of the market. Additionally, Samsung has been consistently innovating and introducing new features in their smartphones, which has helped them maintain their leadership position in the market.Rate this question:
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- 16.
World Trade Organization was renamed from _____.
- A.
Organisation for Economic Co-operation and Development
- B.
World Economic Forum
- C.
General Agreement on Tariffs and Trade
- D.
Economic Cooperation Organization
Correct Answer
C. General Agreement on Tariffs and TradeExplanation
The correct answer is General Agreement on Tariffs and Trade. The World Trade Organization (WTO) was established in 1995 and replaced the General Agreement on Tariffs and Trade (GATT), which was in existence since 1947. GATT was a multilateral agreement aimed at reducing trade barriers and promoting international trade. The transformation of GATT into WTO marked a significant shift in the global trading system, as WTO expanded its scope to cover not just goods, but also services and intellectual property rights.Rate this question:
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- 17.
How many EPZs (Export Processing Zone) does Bangladesh have at present?
- A.
7
- B.
8
- C.
9
- D.
10
Correct Answer
B. 8Explanation
Bangladesh currently has 8 Export Processing Zones (EPZs). These zones are designated areas within the country that offer special incentives and facilities to promote export-oriented industries. EPZs are established to attract foreign investment, boost export earnings, and create employment opportunities. These zones provide various benefits such as tax exemptions, simplified customs procedures, and infrastructure support to encourage businesses to set up operations and engage in export activities. The presence of 8 EPZs in Bangladesh indicates the country's commitment to promoting international trade and economic development.Rate this question:
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- 18.
Grameenphone is a joint venture between Grameen Telecom Corporation and _______.
- A.
Kongsberg Satellite Services
- B.
Telenor
- C.
Verizon
- D.
Eltel Networks
Correct Answer
B. TelenorExplanation
Grameenphone is a joint venture between Grameen Telecom Corporation and Telenor. This means that Telenor is one of the partners involved in the establishment and operation of Grameenphone.Rate this question:
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- 19.
Bill & Melinda Gates Foundation invested in a Bangladeshi mobile financial service named____.
- A.
Rocket
- B.
Nogod
- C.
Bkash
- D.
Nexus pay
Correct Answer
C. BkashExplanation
The correct answer is Bkash. The Bill & Melinda Gates Foundation invested in Bkash, a Bangladeshi mobile financial service. Bkash provides mobile banking and financial services to millions of people in Bangladesh, allowing them to send and receive money, pay bills, and make purchases using their mobile phones. The investment from the Gates Foundation is aimed at improving financial inclusion and access to financial services for the unbanked population in Bangladesh.Rate this question:
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- 20.
'Dettol' is a product of ____.
- A.
Unilever
- B.
Procter and Gamble
- C.
ACI
- D.
Reckitt Benckiser
Correct Answer
D. Reckitt BenckiserExplanation
Dettol is a well-known brand of antiseptic and disinfectant products. Reckitt Benckiser is the correct answer because it is the parent company that owns and produces Dettol. Reckitt Benckiser is a multinational consumer goods company that specializes in health, hygiene, and home products. They own and operate various popular brands, including Dettol, making them the correct choice for the product's manufacturer.Rate this question:
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- 21.
Country's first bitumen plant is going to be launched by _____.
- A.
Abul Khair Group
- B.
Nitol-Niloy Group
- C.
Bashundhara Group
- D.
Aman Group
Correct Answer
C. Bashundhara GroupExplanation
Bashundhara Group is going to launch the country's first bitumen plant.Rate this question:
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- 22.
In the 2019-20 Bangladesh Premier League, Rangpur Rangers was Sponsored by _____.
- A.
Premier Bank Limited
- B.
Beximco Pharmaceuticals
- C.
Incepta Pharmaceuticals
- D.
Both A & B
Correct Answer
C. Incepta pHarmaceuticalsExplanation
In the 2019-20 Bangladesh Premier League, Rangpur Rangers was sponsored by Incepta Pharmaceuticals.Rate this question:
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- 23.
Official distributor of YAMAHA in Bangladesh is ____.
- A.
Jamuna Automobiles
- B.
Niloy-Hero Motors
- C.
Aftab Automobiles
- D.
ACI Motors
Correct Answer
D. ACI MotorsExplanation
ACI Motors is the official distributor of YAMAHA in Bangladesh.Rate this question:
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- 24.
Which one of this is the largest economic zone in Bangladesh?
- A.
Mongla Economic Zone
- B.
Moheshkhali Economic Zone
- C.
Fani Economic Zone
- D.
Mirsarai Economic Zone
Correct Answer
D. Mirsarai Economic ZoneExplanation
Mirsarai Economic Zone is the largest economic zone in Bangladesh.Rate this question:
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- 25.
How many economic zones are there in Bangladesh?
- A.
86
- B.
87
- C.
88
- D.
89
Correct Answer
C. 88Explanation
There are 88 economic zones in Bangladesh.Rate this question:
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- 26.
Which brand's slogan is this? *Have it your way."
Correct Answer
Burger KingExplanation
The correct answer is Burger King because "Have it your way" is a well-known slogan associated with the brand. This slogan emphasizes the brand's commitment to customization and allowing customers to personalize their orders according to their preferences. It has been widely used in Burger King's advertising campaigns to promote the idea that customers have the freedom to choose exactly how they want their food to be prepared.Rate this question:
- 27.
The first private television channel in Bangladesh is ____.
- A.
Ekushey Television
- B.
Channel i
- C.
ATN News
- D.
NTV
Correct Answer
A. Ekushey TelevisionExplanation
Ekushey Television is the correct answer because it was the first private television channel to be established in Bangladesh. It was launched on April 14, 2000, and since then, it has been providing a wide range of programs and news coverage to the viewers. Ekushey Television has played a significant role in shaping the private television industry in Bangladesh and has been a pioneer in introducing new and innovative content to the audience.Rate this question:
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- 28.
Bangladesh's major export items are ___. i.Readymade-Garments ii.Shrimps iii.Leather goods Which one is correct?
- A.
I & ii
- B.
Ii & iii
- C.
I & iii
- D.
I,ii & iii
Correct Answer
D. I,ii & iiiExplanation
The correct answer is i, ii & iii. Bangladesh's major export items include readymade garments, shrimps, and leather goods.Rate this question:
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- 29.
Currently how many natural gas fields are there in Bangladesh?
- A.
20
- B.
17
- C.
29
- D.
25
Correct Answer
C. 29Explanation
Bangladesh currently has 29 natural gas fields.Rate this question:
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- 30.
Who was awarded the Noble Prize for an outstanding invention of Microcredit?
Correct Answer
Dr. Muhammad YunusExplanation
Dr. Muhammad Yunus was awarded the Nobel Prize for his outstanding invention of microcredit. Microcredit refers to the practice of providing small loans to individuals who are unable to access traditional banking services. Dr. Yunus, a Bangladeshi economist and social entrepreneur, founded the Grameen Bank, which pioneered the concept of microcredit. His innovative approach has helped alleviate poverty and empower millions of people, particularly women, by enabling them to start their own businesses and improve their financial well-being. The Nobel Prize recognized his significant contribution to the field of economics and his efforts in promoting social development.Rate this question:
- 31.
Impossible is nothing. Which country does this famous slogan holder company belongs to?
Correct Answer
GermanyExplanation
This famous slogan, "Impossible is nothing," is associated with the company Adidas. Adidas is a multinational corporation that originated in Germany. They are known for their sports apparel, footwear, and accessories. The slogan reflects the company's determination to push boundaries and overcome challenges, emphasizing their commitment to innovation and excellence.Rate this question:
- 32.
In which year did Bangladesh join World Trade Organization?
- A.
1971
- B.
1995
- C.
1984
- D.
2002
Correct Answer
B. 1995Explanation
Bangladesh joined the World Trade Organization in 1995. The World Trade Organization (WTO) is an international organization that deals with global trade rules and regulations. Joining the WTO allows countries to participate in global trade negotiations and benefit from the organization's dispute settlement mechanism. Bangladesh's accession to the WTO in 1995 indicates that it became a member of this global trade organization in that year.Rate this question:
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- 33.
The World Bank is part of ____.
- A.
International Finance Corporation
- B.
International Monetary Fund
- C.
United Nations
- D.
World Trade Organization
Correct Answer
C. United NationsExplanation
The World Bank is part of the United Nations. The United Nations is an international organization that was established to promote peace, security, and cooperation among member countries. The World Bank, along with other specialized agencies, is a part of the United Nations system and works towards its goals of reducing poverty and promoting sustainable development.Rate this question:
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- 34.
Bangladesh dreams of becoming a developed country in ____.
- A.
2021
- B.
2071
- C.
2041
- D.
2050
Correct Answer
C. 2041Explanation
Bangladesh dreams of becoming a developed country in 2041. This suggests that the country has set a goal to achieve significant economic and social progress within the next few decades. By aiming for this target, Bangladesh is likely to focus on implementing various development strategies, improving infrastructure, enhancing education and healthcare systems, and promoting sustainable economic growth. The year 2041 represents a future timeline for Bangladesh to achieve its aspirations and transform into a developed nation.Rate this question:
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- 35.
What is used as Google's motto?
- A.
 Don't be evil
- B.
Impossible is nothing.
- C.
Think different
- D.
Just do it
Correct Answer
A. Â Don't be evilExplanation
"Don't be evil" was used as Google's unofficial corporate motto. It reflected the company's commitment to ethical behavior and avoiding actions that could harm users or society. This motto emphasized the importance of maintaining trust and integrity in all aspects of Google's operations. Although it is no longer an official motto, it remains closely associated with Google's early values and principles.Rate this question:
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- 36.
Who is Bangladesh finance minister?
- A.
Abul Kamal Hossain
- B.
Dr. Md. Jafar Uddin
- C.
Tipu Munshi
- D.
Mustafa Kamal
Correct Answer
D. Mustafa KamalExplanation
Mustafa Kamal is the correct answer because he is currently serving as the Finance Minister of Bangladesh. He was appointed to this position in January 2019 and has been actively involved in managing the country's financial affairs and implementing various economic policies.Rate this question:
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- 37.
Who is the current governor of Bangladesh?
- A.
Dr. Atiur Rahman
- B.
Dr. Fakhruddin Ahmed
- C.
Fazle Kabir
- D.
Mohammad Nurul Islam
Correct Answer
C. Fazle KabirExplanation
Fazle Kabir is the current governor of Bangladesh.Rate this question:
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- 38.
Which country is the major export partner of Bangladesh?
- A.
Germany
- B.
USA
- C.
UAE
- D.
Japan
Correct Answer
B. USAExplanation
The major export partner of Bangladesh is the USA. This means that the USA is the country that receives the largest amount of exports from Bangladesh.Rate this question:
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- 39.
Currently, how many offices does of Bangladesh Bank have?
- A.
8
- B.
9
- C.
10
- D.
11
Correct Answer
C. 10Explanation
Bangladesh Bank currently has 10 offices.Rate this question:
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- 40.
Which country has highest loan from World Bank?
- A.
Bangladesh
- B.
India
- C.
Nepal
- D.
Bariz
Correct Answer
B. IndiaExplanation
India has the highest loan from the World Bank. This can be attributed to various factors such as India's large population, its developing economy, and its need for financial assistance to support infrastructure development, poverty reduction, and social programs. Additionally, India's high borrowing capacity and its strategic importance in the region may have also contributed to its ability to secure significant loans from the World Bank.Rate this question:
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- 41.
The third largest cellular service provider in Bangladesh is ____.
- A.
Robi
- B.
Airtel
- C.
Banglalink
- D.
Grameenphone
Correct Answer
C. BanglalinkExplanation
Banglalink is the correct answer because it is stated as the third largest cellular service provider in Bangladesh. The other options, Robi, Airtel, and Grameenphone, are not mentioned as being the third largest, so they are not the correct answer.Rate this question:
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- 42.
Owner of Google is ____.
- A.
Microsoft Corporation
- B.
Alphabet Inc.
- C.
Amazon
- D.
Apple Inc.
Correct Answer
B. AlpHabet Inc.Explanation
The correct answer is Alphabet Inc. Alphabet Inc. is the parent company of Google. In 2015, Google underwent a corporate restructuring and became a subsidiary of Alphabet Inc., which now owns and operates Google as well as other subsidiary companies. Therefore, Alphabet Inc. is the owner of Google.Rate this question:
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- 43.
Which air conditioners company has the slogan ''Inspire the Next''?
- A.
Singer
- B.
Walton
- C.
Hitachi
- D.
LG
Correct Answer
C. HitachiExplanation
Hitachi is the correct answer because it is the air conditioner company that has the slogan "Inspire the Next". Singer, Walton, and LG are not associated with this particular slogan.Rate this question:
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