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1) does a contract give a player a guaranteed monthly income (i.e 12 monthly checks per year) regardless of whether they play or not? for examples sake suppose JO is on the 2 year contract. but suppose he only plays 50% of Bangladesh's ODI matches, and thus lets say that we have Asia cup in april, but JO doesn't play at all in Asia cup. does he still get paid for that month of april?
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The idea was to make the players feel less insecure. Before the grade system, suppose a player was getting 1.5 lakh taka per match. After the grading was introduced, he will paid a monthly salary but the match fees would be reduced to (say) 75,000 taka.
If the players had only the match fees, and injury can severely affect their income, and they would be tempted to play hiding their injuries or return before the injuries are healed (read this about another country, but the principle should be the same everywhere).