Govt Bank Job Preparation Written Exam, English – Part 1

Last Updated: 13 February 2020 | Written by: Eusha Omar

Govt Bank Job Preparation Written Exam, English – Part 1. You may see bellow Bangladesh Bank Assistant Director (General Side) Written exam question solution of the English part.

Govt Bank Job Preparation Bangladesh Bank Assistant Director (General Side) Written exam question solution

Evaluate Donald Trump’s Performance in the First 25 Days as President
Has it only been 25 days or one month? With all that has transpired since January 20, when President Trump took office, it seems like far longer.

In this short span, the new president has stumbled from one self-inflicted mess to another. The slapdash travel ban he instituted one week into his presidency has been exposed as both arbitrary and harmful to America’s national security interests. And the forced resignation of national security adviser, Michael Flynn, amid reports of numerous contacts between Trump aides and Russian intelligence agents, has reignited concerns about the sanctity of last year’s election.

Other troubling developments include: a Cabinet nominee who withdrew before the Republican-controlled Senate could reject him; strained relations with Australia and Mexico, two reliable allies; a flawed military raid in Yemen; a torrent of leaks driven by high-level infighting; blatant conflicts of interest involving the first family, and a top general openly talking of the “unbelievable turmoil” in government.

Govt Bank Job Preparation Written Exam, English - Part 1

In the midst of all this, the president insists with a straight face that his administration is “running like a fine-tuned machine” and focuses mostly on what he has always focused on himself. He has obsessed about inaugural crowd sizes and barely existent voter fraud, picked infantile fights with critics, attempted to undermine the judiciary and the news media, and even disparaged a department store that discontinued his daughter’s line of fashion.

None of this is surprising to people who expected President Trump to be the same as candidate Trump. But many of those who believed that he’d pivot to a more presidential demeanor if elected have to be dismayed by the spectacle.

At last week’s freewheeling progress report and news conference, Trump repeated demonstrable falsehoods about the size of his election victory and got into odd back-and-forths with reporters over facts, lies, TV ratings and his preference for Fox & Friends as a morning news show. Such a performance been vintage Trump and played well to his core supporters, but it erodes the moral authority he will need to sustain his presidency for the long term, particularly in times of external crisis.

To be sure, some things about Trump’s first month were not a disaster:

  • He made the right calls on approving the long-delayed Keystone XL pipeline and imposing tougher lobbying restrictions.
  • Some of his Cabinet selections, notably James Mattis at Defense and David Shulkin at your Veterans Affairs are commendable.
  • And, if one can put aside how Trump came to have a Supreme Court opening in the first place (by the Senate’s obstructionism of President Obama’s highly qualified nominee), his court pick – appellate Judge Neil Gorsuch-has admirable legal qualifications and deserves a fair hearing.

But to focus on these things is to set an incredibly low bar. Voters expect basic competence they have seen is a president – the first to come into the position with zero government or military experience who is easily distracted and surrounds himself with similarly unseasoned advisers Jeb Bush, during the course of his spectacularly unsuccessful campaign for the Republican nomination made a prescient prediction about Trump: “Donald is … a chaos candidate and he’d be a chaos president.” The nation and the world can’t endure too many more chaotic months like the last one.

2. Do you think establishing the Special Economic Zones will help increase private sector investment in Bangladesh? Discuss.

Ans: Special Economic Zone (SEZ) is an area in which business and trade laws are different from the rest of the country. SEZs are located within a country’s national borders, and their aims include increased trade, increased investment, job creation, and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically regard investing, taxation, trading, quotas, customs, and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing in a zone they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract Foreign Direct Investment (FDI). The benefits a company gains by being in a special economic zone may mean it can produce trade goods at a lower price, aimed at being globally competitive.

Special economic zone in Bangladesh; A potentiality of private investment: Bangladesh Economic Zone Authority (BEZA) has been established under the Bangladesh Economic Zones Act 2010. The purpose of BEZA, under the Prime Minister’s Office (PMO), is to establish economic zones in potential areas of the country for rapid economic growth. The BEZA has set a target of setting up 100 economic zones in the next fifteen years with the target of generating 10 million employment and receiving USD 40 billion export earnings. However, some privately owned economic zone sites are being constructed in different parts of Bangladesh. BEZA offers multiple incentives to the developer of the Economic Zone as well as to a particular manufacturing unit. The incentive structure for Zone Developer and Investor Unit are ranging from fiscal incentives such as exemption of taxes, custom/excise duties to non-fiscal incentives such as no FDI ceiling, work permits related and recommendation for resident ship/ citizenship. I think the special economic zone will increase private investment in our economy. Because Bangladesh’s government took it seriously and announced various incentives for developers and investors. it will attract them to invest here. Such lucrative incentives are below.

Incentives & Benefits for Developers

1. Tax Holiday

Income tax exemption on income derived from the business development of EZ for 10 After expiry of 10th year, tax exemption will be 70% in the 11th year and 30% in the 12th year. But the tax exemption will not be applicable from the 13th year.
2. VAT Exemption on local purchase

  • All local purchases excluding petroleum products from the Domestic Tariff Area (DTA) shall be exempted from VAT, sales tax, etc.
  • VAT Exemption on electricity or taxes on sale (for 10 years)

3. Exemption from custom/excise duties

4. Exemption from stamp duty and registration fees for land registration for the first time

5. Exemption from stamp duty and registration fees for land registration of loan/credit document

6. Exemption from dividend tax

7. Exemption from Tax on Income from service charges

Incentives & Benefits for Investors/EZ users

1. Tax Holiday up to 100%

2. Duty-free import of raw materials, construction materials, capital machineries, and finished goods.

3. Full repatriation of capital and dividend JV.

4. Exemption from dividend tax (after tax venture industry holiday period is elapsed).

5. 50% exemption of stamp duty and registration fees for registration of leasehold land/ factory space.

6. 50% rebate of income tax on salary income of expatriates for 5 years.

7. Exemption of double taxation subject to double taxation agreement.

8. Tax exemption on capital gains from the transfer of the share.

9. Sub-contracting with DTA is allowed.

10. Provision of transfer of shares by foreign stakeholders to local shareholders and investors

11. 50% exemption of stamp duty and registration fees investors.

12. 80% exemption of VAT on all utility services consumed inside the zone.

13. Consider the Export Processing Area of Economic Zone as the custom bonded area.

14. Re-investment of remittable dividend to be treated as new foreign investment

15. The foreign loan is allowed in compliance with existing laws.

16. No restrictions on the issuance of work permit on project-related foreign nationals and employees
but limited up to 5% of total employees.

17. Royalty, technical fees will be exempted from income tax.

18. Resident visa for the investment of US$ 75000 or more.

19. Citizenship for the investment of US$ 500000 or more.

Besides the above incentives, Bangladesh has a lot of low-cost, well-educated, highly adaptive and industrious workforce, which has been proven by its remarkable success in the Readymade Garments (RMG) manufacturing and export sector. Compared with its neighbors, Bangladesh’s energy prices are much cheaper. Altogether these factors will increase private investment and it will boost our economy rapidly.

Read the following passage and answer the questions:

Once, an ant who had come to drink at a stream fell into the water and was carried away by the swift current. He was in great danger of drowning. A dove, perched on a nearby tree, saw the ant’s danger and dropped a leaf into the water. The ant climbed onto this and was carried to safety. Sometime after this, a hunter, creeping through the bushes, saw the dove asleep and took a careful aim with his gun. He was about to fire when the ant, who was nearby, crawled forward and bit him sharply on the ankle. The hunter missed his aim, and the loud noise of the gun awakened the dove from her sleep. She saw the danger and flew swiftly away to safety. Thus, the ant repaid the
dove for having saved its life in the foaming current to the stream.

i. Why did the ant come to the stream?
Ans: The ant came to the stream to drink water since it was thirsty

ii. Why did the dove drop a leaf into the water?

Ans: The ant fell into the water and was washed away through the swift current. He was about to drown. Observing this, the dove dropped a leaf into the water in order to save the life of the ant.

iii. Why was the dove in danger?
Ans. The dove was in danger because she was sleeping and a hunter had a careful aim with his gun to shoot her.

iv. What does the word ‘aim’ in this passage mean?
Ans. The word ‘aim’ in this passage means ‘target’.

v. How did the ant repay the dove for his generosity?
Ans. Once the dove saved the life of the ant from drowning into a stream. In return, when the dove was asleep in the forest and was targetted sharply by a hunter, the ant bit the hunter on his ankle. The hunter missed his aim and the noisy sound of the gun awakened the dove from sleep. Beholding the danger, she flew away swiftly. Thus, the ant repaid the dove for his generosity.

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