Bangladeshi taka

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/bangladeshi-taka

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. Who wrote Bangladeshi taka?Bangladesh Bank
2. What is the introduction year?1972
3. Why did Bangladesh start using its own taka in 1972?Bangladesh started using its own taka to build a national identity and to manage its own economy. It helped the country become more independent after the war and the split from Pakistan.
4. How are taka banknotes made and who prints them?Bangladesh Bank prints banknotes of 10 taka and higher. The Ministry of Finance prints the smaller 2 and 5 taka notes, which are now being replaced by coins.

Legal Tender: Money that must be accepted by law for the payment of debts.
Monetary Policy: Actions undertaken by a central bank to manipulate the money supply and credit conditions to stimulate or restrain economic activity.
Exchange Rate: The value of one currency for the purpose of conversion to another.