Skip to main content

Translate Your Page

banking terms

By Victor S. Fischer
  ✍️ 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...
Post a Comment

Hostel Life

Image

        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.There are arrangements for physical exercises as well as  games and sports in the hostel. They have to live under a strict discipline. They have to obey the rules of the hostel.
                            There is superintendent in each hostel. He looks after the management of the hostel. He also looks after the health and conduct of the boarders. The boarders have to carry out his orders. The relationship between the boarders and the superintendent is generally very good. The superintendent looks upon the boarders as his own children . The students are required to read during the study-period. There are also debating societies and libraries in the hostel. The boarders borrow books from the library and read newspapers there. They also take part in debates , in this way , hey develop both their body and mind.

Advantage 

        There are many advantages of the hostel life. In a hostel , the boys get several facilities for study. They have to obey rules. So they learn discipline. They have to do every work at a fixed time. Thus they form regular habits. They treat one another as members of the same family. They learn to share each other's joys and sorrows. A hostel is an ideal place for character-building. It gives useful training for real life.

Disadvantage

        As there is nothing wholly good, so there are some defects in hostel life too. in a hostel, young boys and girls miss the loving care and fondness of their parents and other members of the family. Beside this, in a hostel, students often get very bad meals. The food is cooked by cooks and it is they who manage the mess. They buy cheap and bad stuff. They cannot prepare varieties as in our homes. 

Conclusion

        Yet, in spite of these small defects, the hostel life is really pleasant and ideal for students.
                           
                                                
Labels:
By Victor S. Fischer

Comments

Post a Comment

Popular Posts

Inflation: Types, Causes, Effects and Remedies

By Victor S. Fischer
Inflation refers to a situation when there is an overall increase in the prices of goods leading to a general decline in the value o  Types We will discuss the two major types of inflation: 1 . Demand Pull Inflation:   Inflation arises when there is an increase in the supply of money but there is no corresponding increase in the supply of goods useful to the community. Accumulation of more money than before raises the purchasing power of people and stimulates the demand for goods but the supply of the latter being limited, the necessary consequence will be the inflation of the price level. Demand Pull Inflation thus means, in plain words, too much money chasing too few goods. 2. Cost Push Inflation:  When the prices of goods increases because of an increase in the cost of production, it is known as cost push inflation. What causes Inflation? Additional money put in the hands of people naturally creates in them a desire to spend more on goods. The sellers these commodities get more mone...
Post a Comment
Show Full Post»

Dynasties of Ancient India

By Victor S. Fischer
Indo Greeks First to invade India  were the Greeks who were called  Indo-Greeks. The most famous Indo- Greek ruler was Menander with his  Capital at Sakala  in Punjab (Modern Sialkot) The Indo-Greeks were the  first to issue gold coins  in India. Menander was converted into a Buddhist by Buddhist monk Nagasena (Nagarjuna) Demitrius, the king of Bacteria  invaded  India about 190BC.  He is considered as  Second Alexander  (But the Indian ruler who accepted the name second Alexander  (Sikandar-i-sani)  was Alauddin Khilji) Indo-Greeks were the first to introduce military governorship in India. Kushan Empire Kujula Kadphises  is considered to be the  founder of Kushan Empire.  He established the kingdom by unifying the disparate  Yuezhi tribes  of ancient Bactria in the early 1st century AD and expanded its territory of present day Afg...
Post a Comment
Show Full Post»

Idioms and phrases...

By Victor S. Fischer
1. Acid Test: Meaning -  Acid test proves the effectiveness of something. Example -  I practiced hard at the dance sessions but the acid test will come when the master will assess our solo performances. 2. Cut the ground from under feet : Meaning -  When you cut the ground from under someone's feet, you do something which weakens their position. Example -  When team India hit more than 350 runs in the ODI, they cut the ground from under the opponent's feet. 3. Chase your tail: Meaning -  Spending a lot of time and energy doing a lot of things but actually achieving too little. Example -  He's been chasing his tail all week collecting data but the report is still not ready 4. Whole bag of tricks - Meaning -  Means trying all the clever means to achieve something. Example -  It was really difficult to find the information even after applying the whole bag of tricks. 5. Deliver the goods - Meaning -  Do what is expected or promised. Example -  I have given my car to a new mech...
Post a Comment
Show Full Post»