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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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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...

GOVERNOR, CHIEF MINISTER, STATE COUNCIL OF MINISTERS and STATE LEGISLATURE

THE GOVERNOR The Governor is the  De   Jure  executive head at the state level. His position is analogous to that of the President at the centre. The Governor is appointed by the president. To be appointed as the Governor of any state or two or more states as person (a) Should be a citizen of India. (b) And should have attained 35 years of age. He should not hold any office of profit as well. Like the President, the governor is also entitled to a number of immunities and privileges. During his term of office, he is immune from any criminal proceedings, even in respect of his personal acts. The oath  - is administered by the chief justice of the corresponding state high court and in case he’s absent, the senior-most judge of that particular court. A governor holds office for a term of  five years  from the date on which he enters upon his office. He holds office until the pleasure of the President and he of...

complete detail of census 2011

Census is nothing but a process of collecting, compiling, analyzing, evaluating, publishing and disseminating statistical data regarding the population. It covers demographic, social and economic data and are provided as of a particular date. Census is useful for formulation of development policies and plans and demarcating constituencies for elections. The Census of India has been conducted 15 times, As of 2011. It has been conducted every 10 years, beginning in 1871. In Exam point of view, Questions related to Census is very common in all kinds of competitive exams. In every exam, we can expect a minimum of one or two questions from Census. Here is the simple and perfectly categorized 2011 Census of India. Census 2011 were released in New Delhi on 31st March 2011 by Union Home Secretary GK Pillai and RGI C Chandramouli. Census 2011 was the 15th census of india & 7th census after Independece The motto of census 2011 was “Our Census, ...