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• Eastern Timor does not have a currency of its own. The US dollar is the official currency of East Timor.

 

• Cambodia in South East Asia has US Dollar as the legal tender.

 

• Paper Currency was first introduced in Europe in 17th Century.

 

• The paper currency first introduced in India in 18th Century.

 

• The 100,000 Dollar bill series was issued in 1934.

 

• Bitcoin is a form of virtual currency. It is a form of decentralized digital currency introduced in 2009 as a open source software.

 

• SAP stands for Systems, Applications and Products in Data Processing.

 

• WIPRO stands for Western India Products.

 

• Amway stands for American Way. It is an American Retail Company.

 

• FIAT stands for Fabbrica Italiana Automobili Torino.

 

• Amul stands for Anand Milk Union Limited.

 

• POP in internet terminology stands for Post Office Protocol.

 

• 3M stands for Minnesota Mining and Manufacturing Company.

 

• IKEA stands for Ingvar Kampard Elmtaryd Agunnaryd in which Ingvar Kampard is the name of its founder and Elmtaryd is the name of the farm where he grew up and Agunnaryd is the name of his village in Sweden.

 

• Araldite adhesive brand once displayed its strength in a unique way by gluing a car on a hoarding for 10 days.

 

• Mastercard credit card network will launch a ‘Pay by Selfie’ method of authentication.

 

• Microsoft launched Band-2 a Windows 10 wearable device recently.

 

• Dell has acquired EMC for a whopping 67 Bn $ making it the biggest tech acquisition.

 

• Porsche and Piech families control 30 % each at the beleaguered Volkswagen AG.

 

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