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gold standard - Meaning in Bengali

gold standard - Meaning in Bengali

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Definitions and Meaning of gold standard in English

gold standard noun

  1. a paragon of excellence

    Example

    • "academic education is the gold standard against which other educational activity is pejoratively judged"
  2. a monetary standard under which the basic unit of currency is defined by a stated quantity of gold

Description

A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves.

Also see "Gold standard" on Wikipedia

What is gold standard meaning in Bengali?

The word or phrase gold standard refers to a paragon of excellence, or a monetary standard under which the basic unit of currency is defined by a stated quantity of gold. See gold standard meaning in Bengali, gold standard definition, translation and meaning of gold standard in Bengali. Learn and practice the pronunciation of gold standard. Find the answer of what is the meaning of gold standard in Bengali.

Other languages: gold standard meaning in Hindi

Tags for the entry "gold standard"

What is gold standard meaning in Bengali, gold standard translation in Bengali, gold standard definition, pronunciations and examples of gold standard in Bengali.

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