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In case of death before attaining the age of 75 years while on pension, the nominee of the pensioner will be entitled to pension for the remaining period of attaining the age of 75 years. He said that universal pension has got a huge response from the people. We are told that more than 10,000 have already been registered. The president of Bangladesh Krishak League, agriculturist Sameer Chand, former secretary general of KIB, agriculturist Md. Mubarak Ali, Bangabandhu Sheikh Mujibur Rahman Agricultural University Vice-Chancellor Professor Dr. Md. Ghiyasuddin Miah and the current treasurer of KIB is agriculturist M Aminul Islam addressed the meeting.
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Through manipulation, transactions occur using these wallets and legitimate domestic financial channels. Of the money Shobuj ‘invested’ in the app, Tk 40,000 was from his savings. He received the rest by taking out a loan from an NGO in his mother’s name.
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You should evaluate the opinion of the public; complete the water logging project at the earliest in consultation with the public representatives. In the case of house construction, it is seen that many people are constructing houses very close to the road after taking permission from CDA. For this reason, it has been proposed to CDA that a no-objection letter is taken from CDA as well as CCC in the case of building permission. In the country, around 90.0 per cent of the currency in circulation is now with the public. Bangladesh Bank statistics revealed that total amount of currency outside banks stood at Tk 1.54 trillion at the end of FY19 which was Tk 1.41 trillion at the end of FY18. It indicates that big amount of cash held by some people or organisations is not entirely an abnormal phenomenon.
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Law enforcement, in turn, spoke about legal and technical limitations preventing proper action. Several active scam companies have been identified through social media and speaking to their victims. Several months of monitoring show that advertisements for such apps circulate on Facebook, YouTube, and other popular websites. Kazi Shahed Ahmed is also well known in the literary world. In the same year, his second book titled ‘Gare Agun Legechey’ was published.
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During the first 10 days of Muharram, Shia people used to gather at this place to mourn for Al-Hussain. Though it’s a festival of Shia people, but local Sunni people used to join with them and bemoan with them. More about this building and festival is available at Wikipedia. The law enforcement agencies have not disclosed the names of these apps to the media.
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Rapid Action Battalion (RAB) and police have raided these clubs over the last few days and found that they were illegal casinos. The Public Gambling Act of 1867 prohibits all such gambling activities, including app makers, advertisers like Facebook and YouTube, traders, and of course, the players. And yet, such business practices are rampant, dodging our legal system and the cybercrime cell with much ease. In the process, a large number of people are falling victim to gambling addiction and other related crimes, not to mention siphoning off money outside the country.
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The most common way to express use of cash in a country is to calculate the ratio of currency in circulation (CIC) to nominal GDP. Nominal GDP is GDP at current market price and thus not inflation-adjusted. In FY19, nominal GDP of Bangladesh was estimated at Tk 25.36 trillion when total amount of currency in circulation was Tk 1.70 trillion. So the CIC-GDP ratio stood at 6.72 per cent in the past fiscal.
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In addition, the meeting was attended by Bangladesh Medical Association president and another member of the presidium of Bangladesh Awami League Dr. Mustafa Jalal Mohiuddin. Mahboob Alam Farooq KIB vice president agriculturist the program was conducted by Secretary General Agriculture. Speaking as a special guest at the event, Awami League Joint General Secretary AFM Bahauddin Nashim said that BNP-Jamaat leaders and workers suffer if they catch militants or take any action against them. However, it will never be possible in this country as long as Bangabandhu is alive. So they are involved in various conspiracies with foreign powers.
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Currency in banks is technically termed ‘currency in tills of deposit money banks (DMBs)’. It is also cash because banks maintain cash and pay the cash to depositors and lenders. Currency with the public is the amount of money held by individuals and institutions entirely in cash. Without going into the details of monetary aggregates, it may be simply mentioned that one is currency creation or supply side, another is use side. Bangladesh Bank notes and government notes and coins generate the total currency in circulation with Bangladesh Bank notes accounting for 99.0 per cent of the total.
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