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Showing posts from January, 2023

Why central bank caps Interest rate

 Central banks, such as the Bangladesh Bank, may cap interest rates for a variety of reasons. One of the main reasons is to control inflation. When interest rates are too high, borrowing and spending can slow down, which can lead to a decrease in economic growth and an increase in unemployment. On the other hand, when interest rates are too low, borrowing and spending can increase, leading to an increase in inflation. Capping the interest rate can help central banks keep inflation within a target range. By setting a cap on interest rates, the central bank can influence the overall level of interest rates in the economy, making borrowing and spending more or less expensive. This can help the central bank achieve its inflation target and keep the economy stable. Another reason that central banks may cap interest rates is to promote economic growth. By keeping interest rates low, central banks can encourage borrowing and spending, which can help to increase economic activity and create jo

BREB job benifits

 The Bangladesh Rural Electrification Board (BREB) offers various job opportunities for individuals looking to work in the field of rural electrification. These positions can include roles such as engineers, project managers, and field technicians. Employees of BREB are provided with various facilities like salary, health insurance, provident fund, gratuity and other benefits as per the government rules. BREB also provides opportunities for professional development and training, which can help employees acquire new skills and advance in their careers. The organization values diversity and inclusivity, and encourages candidates from all backgrounds to apply for available positions. Overall, working for the Bangladesh Rural Electrification Board can be a rewarding experience for those who are passionate about making a difference in the lives of people living in rural areas and are looking for opportunities in the field of rural electrification. Government jobs in Bangladesh offer a varie