✍️ 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...
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 will became difficult to carry on the work of production and
administration. Just imagine what will be the fate of a country if its
public servants become indiscipline and all begin to work according to
their own sweet will. Then, there will be no plan and no organization.
Similarly, if the army and the police refuse to carry out the orders of
their generals and commanders, the enemy and the hooligans will have no
difficulty in establishing their sway in the country. Thus, an
indiscipline nation cannot expect to remain independent even for a
moment. Even in minor spheres, such as the home and the playground,
people cannot do without discipline. If there be no discipline in the
family, all the members of the family will go their own way. Then, there
will be no peace and order in the family. In the playground, if the
players do not obey the rules of the game and the decision of he
referee, there can be no play.
Conclusion
Discipline
is a good thing and there is no evil in it. It builds character,
develops strength and unity and fosters co-operation. It is, therefore,
necessary, that boys should be taught discipline from their very
childhood. It should never be overlooked. as it is the secret of success
in life.
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