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Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
The divisions of Bangladesh are further divided into districts or zilas (Bengali: জেলা). [1] The headquarters of a district is called the district seat (Bengali: জেলা সদর, romanized: zila sadar). There are 64 districts in Bangladesh. The districts are further subdivided into 495 subdistricts or upazilas. [2]
Following the independence of Bangladesh in 1971, the country had four divisions: Chittagong Division, Dacca Division, Khulna Division, and Rajshahi Division. In 1982, the English spelling of the Dacca Division (along with the name of the capital city) was changed into Dhaka Division to more closely match the Bengali pronunciation.
Motijheel (Bengali: মতিঝিল) is a central business district and a thana of Dhaka, Bangladesh.It is Dhaka's primary central business district, [5] and also the nation's largest commercial and financial hub. [6]
Agrabad (Bengali: আগ্রাবাদ) is a central business district in Chittagong, Bangladesh.Located close to the city's harbour, it hosts numerous Bangladeshi and international businesses, banks, financial institutions, and other commercial entities, including the Chittagong Chamber of Commerce & Industry, the World Trade Center, and the Chittagong Stock Exchange.
The economy of Dhaka contributes 40% of Bangladesh's gross domestic product. If Dhaka were a sovereign nation, it would rank as the 50th largest economy in the world and fifth largest economy in South Asia, ahead of Myanmar , Nepal , Bhutan , Maldives , Afghanistan and behind India , Bangladesh , Pakistan and Sri Lanka .
Bangladesh is divided into 8 divisions (bibhag) and 64 districts (jela, zila, zela), although, these have only a limited role in public policy.For the purposes of local government, the country is divided into upazilas (sub-districts), "municipalities" or town councils (pourashova), city corporations (i.e. metropolitan municipal corporations) and union councils (i.e. rural councils).
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves . [ 9 ]