Inflation:
Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services.
Liquidity Trap
Liquidity Trap:
A liquidity trap is defined as a situation in which prevailing interest rates are low and savings rates are high, making monitery policy ineffective. In a liquidity trap,
A liquidity trap is defined as a situation in which prevailing interest rates are low and savings rates are high, making monitery policy ineffective. In a liquidity trap,
PEARLS
PERLAS or PEARLS: PEARLS is a system of 39 financial ratios used by the World Council of Credit Unions (WOCCU) to monitor the performance of credit unions.
Moral Hazard
Moral Hazard: The incentive of an agent who holds an asset belonging to another person to endanger the value of that asset because the agent bears less than the full consequence of any loss.
Microcredit Regulatory Authority (MRA)
The Microcredit Regulatory Authority (MRA) has been established by the Government of the People’s Republic of Bangladesh under the "Microcredit Regulatory Authority Act 2006” to promote and foster sustainable development of microfinance sector through creating an enabling environment for NGO-MFIs in Bangladesh.
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