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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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Books and Authors

 (Books and Authors ) A Million Mutinies Now V.S. Naipaul A Bend in the River V.S. Naipaul A Brush with Life Satish Gujral A Passage to England Nirad C. Choudhury A House for Mr. Biswas V.S. Naipaul A Prisoner’s Scrapbook L.K. Advani A River Sutra Gita Mehta A Call to Honour Jaswant Singh A Sense of Time H.S. Vatsyayan A Strange and Sublime Address Amit Chaudhary A Bunch of Old Letter Jawaharlal Nehru A Suitable Boy Vikram Seth A Village by the Sea Anita Desai Agni Veena Kazi Nazrul Islam A Voice for Freedom A Voice for Freedom Afternoon Raag Amit Chaudhari Ain-i-Akbari Abdul Fazal Ageless Body, Timeless Mind Deepak Chopra AK Barnama Abdul Fazal Amar Kosh Amar Singh An Autobiography Jawaharlal Nehru All the Prime Minister’s Men Janardhan Thakur An Equal Music Vikram Seth Arthashastra Kantilya An Idealist View of Life Dr. S. Radhakrishnan Anandmath Bankim Chandra Chatterjee An Autobiography Jawaharlal Nehru Autobiography of an Unknown India Nirad C. Choudhury Bandicoot Run Manohar Malgo...

Later Vedic Period

The history of the later Vedic period is based mainly on the Vedic texts which were compiled  after  the age of Rig Veda. 1. Later Vedic Texts a.  The Veda Samhitas i. Sama Veda  – The book of chants with hymns taken from Rig Veda. This Veda is important for Indian Music. ii. Yajur Veda  – The book consists of sacrificial rituals and formulae. iii. Atharva Veda  – This book consists of charms and spells to ward of evils and diseases b. The Brahmanas –  Consists of the explanatory part of the Vedas. Sacrifices and rituals have also been discussed in great detail. i. Rig Veda –  Aitreya and Kaushitiki Brahmana ii. Yajur Veda  – Panchvisha, Chandogya, Shadvinsh and Jaiminaya iii. Sama Veda –  Shatapata and Taittariya iv. Atharva Veda -  Gopatha c.   The Aranyakas –  Concluding portions of Brahmanas, also called as Forest texts written mainly for the hermits and students livin...

Star

Clumps of dust and gases in a nebula come together due to gravity and form Stars. Star are made of hot burning gases. They Emit light of their own and are very large and very hot. Lights take about 4.3 years to reach us from the next nearest star Proxima Centauri. More content added soon..,... Read more Galaxy Universe The Big Bang Theory The Solar System Member Of Solor System