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banking terms

  ✍️ CRR Cash Reserve Ratio is the minimum fraction of total deposits of a bank’s customers that banks have to hold as reserves with the central bank. ✍️ SLR Statutory Liquidity Ratio is the ratio of liquid assets to the net demand and time liabilities. ✍️ LAF Liquid Adjustment Facility is a tool to allow banks to borrow money through repurchase agreements. It consists of repo and reverse repo operations. ✍️ MSF Marginal Standing Facility allows scheduled banks to borrow funds overnight from RBI against approved government securities. ✍️ MSS Market Stabilization Scheme is a monetary policy intervention by RBI to withdraw excess liquidity by selling government securities in the economy. ✍️ OMO Open Market Operations refers to the buying and selling of government securities in the open market so as to expand or contract the amount of money in the banking system. ✍️ REPO Repo...

Aryans : Who and Where they came from?

The word Aryan is usually taken to mean a race but actually it is the name of a language than the people. Hence according to the famous German scholar Max Mueller the term Aryan meant language rather than race. The people who spoke this language came to be called Aryans. As there is a controversy about the location of the original home of the Aryans nothing can be said definitely about the same. The German scholar headed by Kossina placed the original home of the Aryans in the North European plain. The great Indian nationalist Tilak argued that the Aryan came from the North Pole. According to some the original home of the Aryans was Cappadocia while the famous scholar Brandenstein claimed the Ural Sea near Caspian as the original home of the Aryans. But responsible linguists and archaeologists have agreed in regarding the possible region of origin as relatively limited and lying somewhere between the Danube and Oxus. A few Indian scholars, however, advocated the views that the Arya...

Dicipline

 Introduction        To be guided by rules, to pay due regard to elders, and superior officers, to obey them and to behave in an orderly manner, all these come under the term discipline. Necessary in every walk of life Discipline is necessary in all walks of life. Whether at school or at home. In the office or in the factory, in the playground or in the battlefield, discipline is a necessary. Without discipline , there will be complete chaos and disorder. There will be no peace and progress. The very social structure will became Topsy-turvy.  This is why, so much stress is laid on discipline everywhere. How necessary in every walk of life In school , if the boys be indiscipline, it will be difficult for the teacher to manage the school. The boys themselves will learn nothing and the very purpose of education will be defeated. Similarly, if the subordinates do not obey their senior officers in offices and factories. It wil...

Essay on Dowry System in India

 Dowry System Dowry refers to the valuables, money and other assets brought by the bride to her husband’s home on their marriage. Dowry system refers to the custom or cultural practice that involves giving away of a large sum of cash, property and other valuables at the time of marriage by the parents of the bride to the family of the groom. “Gods reside there where women are worshiped”. Though we know from one ancient culture and quote the above quotation, but things are quote different in our society. Introduction: Dowry system  is among the major social issues in India. The legislative measures against the system are in place. However, all these efforts have failed to effectively eradicate the social evil. Women in India are great victims of dowry system in our society, the male-dominated society. Dowry is illegal only on paper, in judiciary, or in legislature benches. Practically the daughter-in-law is generally treated as the goose that lays the ...

Hostel Life

        Introduction           In schools and colleges many students some to read from far-off places. They cannot come from and go back to their homes daily. Hence, they live in hostels. Many students live in the hostel even though their homes not far-off. The reason is that in the hostel they get facilities for study. Description           The Hostel life is very pleasant. Students live in their homes under the strict control of their parents and other elders. They cannot talk or move about freely. In the hostel they breathe for the first time an air of regulated freedom. They mix freely with one another.                             In hostel life , the boarders get full opportunity for their mental and physical development.T...

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History Of Education In South Asia

The remnants of the library of Nalanda, built in the 5th century BCE by Gupta kings. It was rebuilt twice after invasion, first after an invasion from the Huns in the 5th century BCE and then after an invasion from the Gaudasin the 7th century CE but abandoned after the third invasion by Turkic invaders in the 12th century. Takshasila (in modern-day Pakistan) was the earliest recorded centre of higher learning in India from possibly 8th Century BCE, and it is debatable whether it could be regarded a university or not in modern sense, since teachers living there may not have had official membership of particular colleges, and there did not seem to have existed purpose-built lecture halls and residential quarters in Taxila, in contrast to the later Nalanda university in eastern India. Nalanda was the oldest university-system of education in the world in the modern sense of university. There all subjects were taught in Ariano -páli Langua...

Important Facts of Solar System

We live on the planet named ‘Earth’. Likewise, Earth also exists in its home with other 7 planets, only star ‘Sun’ and many other small objects called asteroids, comets, dwarf planets, meteors etc. So basically the Solar system is a system of Sun, 8 planets, dwarf planets, asteroids, meteors and comets under the gravitational influence of the Sun. Origin There are 3 to 4 major theories of the evolution of the universe and ultimately of the solar system. The prominent theory among all of these is  Big Bang theory . According to this theory proposed  by Georges Lemaitre , the universe is evolved from a small singularity and then expands over the next 13.8 billion years and still expanding. It led to the formation of many billions of galaxies, solar systems, stars etc. Our solar system lies in a spiral-shaped galaxy called  ‘Milky Way’ . The nearest galaxy to us is  ‘Andromeda’ . Generally, there is a Black hole at the centre o...

Welfare Schemes and Policies in India

Welfare Schemes and Policies in India Financial assistance to fisherfolk in pipeline. = May 13, 2017 PRELIMS SPECIAL 2017 Schemes of Government of India. = May 11, 2017 PT 2017 Schemes/Meetings/Conferences in News. May 09, 2017 Over Rs.one lakh cr investment for housing of urban poor.   Apr 29, 2017 Portal and Mobile App of RashtriyaUchchatarShikshaAbhiyan (RUSA).   Apr 24, 2017 Removing cap on parent maintenance. Apr 11, 2017 Rashtriya Vayoshri Yojana   Apr 11, 2017 Power Tex India Scheme for Textile sector.   Apr 11, 2017 Ratification of the Minimum Age Convention. Apr 10, 2017 Even hill stations will be hotter this year warns IMD. Mar 06, 2017 Supreme Court makes legal services affordable.   Feb 21, 2017 Single vaccine for dual protection against measles and rubella. Feb 13, 2017 labour and tax policies to make the Apparel and Leather sector globally competitive . Feb 08, 2017 Warning against spurious schemes being floated in the name of Beti Bachao Beti Padh...