science

Rajshahi Krishi Unnayan Bank

Rajshahi Krishi Unnayan Bank is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Rajshahi Krishi Unnayan Bank rather than just read about it. In short: Rajshahi Krishi Unnayan Bank is a state-owned specialized financial institution for extending credit to the farmers of the 16 districts of Rajshahi and Rangpur divisions in Bangladesh. The headquarters of the bank is in Rajshahi.

Key takeaways

Rajshahi Krishi Unnayan Bank belongs to science; place it in that map before memorising details.
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Connect Rajshahi Krishi Unnayan Bank to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Rajshahi Krishi Unnayan Bank from memory before moving on to harder problems.

Reference excerpt

Rajshahi Krishi Unnayan Bank is a state-owned specialized financial institution for extending credit to the farmers of the 16 districts of Rajshahi and Rangpur divisions in Bangladesh. The headquarters of the bank is in Rajshahi.

History Rajshahi Krishi Unnayan Bank was established on 15 March 1987 through the Presidential Ordinance No 58. The bank's headquarters are located in Rajshahi. The bank was made for farmers of Rangpur and Rajshahi divisions. It received 253 branches of Bangladesh Krishi Bank in Rangpur and Rajshahi Division. The bank worked with Asian Development Bank to implement Northwest Crop Diversification Project in 2003 to diversify the crops grown in Northern region of Bangladesh. The Ministry of Finance ordered Rajshahi Krishi Unnayan Bank to reschedule loans to farmers in flood affected areas in August 2004. The bank provided special loans to Monga-affected farmers. It provided 6.77 billion taka in agriculture loans below its target of 7 billion taka. On 26 July 2005, Ashraf Ali was appointed managing director of the bank. Adviser Mirza Azizul Islam, in charge of the Ministry of Finance in the caretaker government, announced plans to distribute 63.51 billion taka agriculture loans through Rajshahi Krishi Unnayan Bank and seven other state owned banks in June 2007. Rajshahi Krishi Unnayan Bank raised their interest rate from 8 to 12 per cent in 2007. In August, former director of Rajshahi Krishi Unnayan Bank Lutfar Rahman, who was also president of Rajshahi Chamber of Commerce and Industries, was sued for taking bribes for approving loan applications. From 2000 to 2008, the bank waived 180 million taka in interests with 100 million taka waived in 2002 alone. The bank provided funding for tea farming in Lalmonirhat District. On 26 June 2010, M Shah Nawaz Ali was appointed chairman and Pradip Kumar Dutta was appointed the managing director of the bank. In July 2011, Rajshahi Krishi Unnayan Bank joined a teach company in partnership with Bangladesh Commerce Bank, Sonali Bank, and Polaris Software. The Daily Star reported on 17 April 2013 that Rajshahi Krishi Unnayan bank officials were taking bribes to give loans to farmers. Bangladesh Bank set six conditions for Rajshahi Krishi Unnayan Bank to open new branches in January 2014 including 80 per cent of existing branches must be profitable. Its defaulted loans dropped in 2014. Farmers in Gaibandha District blocked the branch of the bank protesting loan default cases filed against them and ask for easy conditions on the loans of the bank in July. In November 2015, Rajshahi Krishi Unnayan Bank postponed their recruitment exam in which 24 thousand applicants applied. The applicants blocked Dhaka-Rajshahi Highway protesting the decision. Muhammad Awal Khan was appointed managing director of Rajshahi Krishi Unnayan Bank on 23 November 2016. It received 550 million taka from the government due to capital deficit at the bank. Muhammad Nazrul Islam was appointed chairman of Rajshahi Krishi Unnayan Bank in January 2017. It had a 7.43 billion taka cash shortfall. Anti-Corruption Commission sued five officials of the bank for embezzlement. Rajshahi Krishi Unnayan Bank had a 8.29 billion taka deficit in 2018. Bangladesh Bank reported that the bank was providing loans below cost. On 23 November 2020, the managing director of Rajshahi Krishi Unnayan Bank A. K. M. Sajedur Rahman Khan was appointed deputy governor of Bangladesh Bank. Md Zahidul Haque was appointed managing director of Rajshahi Krishi Unnayan Bank on 11 September 2022. 56 officials of the bank were denied promotion by the bank and went to court over the issue.

Management Management of the bank is entrusted by the government to a seven-member board of directors. The managing director is the chief executive of the bank.

Board of directors

References

External links

Official website

Worked examples

Example 1 — a first encounter with Rajshahi Krishi Unnayan Bank

Start with the simplest possible case. Write down what Rajshahi Krishi Unnayan Bank claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Rajshahi Krishi Unnayan Bank before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Rajshahi Krishi Unnayan Bank ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Rajshahi Krishi Unnayan Bank

In research: Rajshahi Krishi Unnayan Bank appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Rajshahi Krishi Unnayan Bank in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Rajshahi Krishi Unnayan Bank is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1987 establishments in Bangladesh, Agricultural finance, Agriculture in Bangladesh, so understanding it makes those chapters shorter.
In everyday life: Look for Rajshahi Krishi Unnayan Bank outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Rajshahi Krishi Unnayan Bank in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Rajshahi Krishi Unnayan Bank means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Rajshahi Krishi Unnayan Bank out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Rajshahi Krishi Unnayan Bank in simple terms?

Why does Rajshahi Krishi Unnayan Bank matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Rajshahi Krishi Unnayan Bank?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Rajshahi Krishi Unnayan Bank.