Friday, May 22, 2020
Policy Position Paper Signature Assignment All Americans require assurance and protection measures to shield their daily lives and healthcare laws, government regulations, and approaches do only that. The United States government manages these requirements with the expectation of enhancing the strength of the general population while building up the tools, alongside resources and programs to associate in the conveyance of medical care services. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) alongside the security law have affected preventive care services and how it is conveyed. HIPAA was intended to guarantee that the suitable systems were actualized to protect patients data while getting care. The benchmarks forÃ¢â¬ ¦show more contentÃ¢â¬ ¦With a specific end goal to hold fast to the HIPAA law strategies must be executed by medical facility chairmen for all healthcare workforce and offices to take after as required by law. In light of all the new advances in innovation alongside patient(s) winding up increasingly included with their wellbeing and treatment, HIPAA made ready for everybody to feel secure while giving and getting care. HIPAA law and strategy are of second nature to each other since it assigns a vast number of data, for example, medicinal records, individual data, and healthcare plans. Health experts and other taking an interest healthcare suppliers are changing their strategies to guarantee that patient data is conveyed in a protected, safe setting. Access frameworks store healthcare data notwithstanding actualizing a framework so patient(s) can get to their medical records safely. Required warning ought to be conveyed concerning strategy and techniques joined by a reimbursement statement must be present with sees being sent to all interested parties. Differentiate legislative versus institutional policies in health care The healthcare policy is influenced by the governing body which implies that the legislature in medical care whether it concerns new medications, security, or the protection of a patient that the authoritative staff is there to help battle the issue. The government body assumes a significant part in planning state healthcare plan Weissert, (2000). The focal areaShow MoreRelatedDealing with Homelessness in Australia Essay examples1400 Words Ã |Ã 6 Pagestalk about the GovernmentÃ¢â¬â¢s role in preventing homelessness and the AASW view on the current social problem. An example of how human service delivery organisation are impacted by current political and societyÃ¢â¬â¢s view. Homelessness has a face and now more than ever society must ensure that the Government fulfils promise made to all of its citizens. To understand the Australian Social Policy on Homelessness and service delivery of today, society needs to look back into the 1800Ã¢â¬â¢s.As early as about 1830Read MoreBirch Paper Company1521 Words Ã |Ã 7 PagesBirch Paper Company Internal Environmental Analysis What they do? Ã¢â¬â Birth Paper Company is a medium sized, partly integrated paper company, producing white and kraft papers and paperboard. They also convert paperboard into corrugated boxes with printing and colour on the outside surface. Where they operate? Ã¢â¬â Birch operates 4 production divisions for paper, paperboard, and corrugated boxes as well as a timberland division to supply part of the companyÃ¢â¬â¢s pulp requirements. How well areRead MoreThe Effect Of New Media On The Position Paper1705 Words Ã |Ã 7 PagesThe Effect of New Media on the Position Paper Written in the Department of State Introduction The United States Department of State was founded on July 27, 1789. This institution moves forward under its mission statement, which is Ã¢â¬Å"to shape and sustain a peaceful, prosperous, just, and democratic world and foster conditions for stability and progress for the benefit of the American people and people everywhereÃ¢â¬ (State Dept Website). With world events proceeding in an alarming direction, such as theRead MoreThe Federal Level Regulation During The Military Health System803 Words Ã |Ã 4 Pages14-83 are not discussed in conjunction with the numerous news stories about ailing service members. No major editorial or newspaper has discussed this policy, however, more targeted sources such as Medical Daily, local base papers such as the Ft. Campbell Courier. Huffington Post online was the most publically broadcasted article about the policy. The article titled Military Mental Health Care: One Size Does Not Fit All, was written by Dr. Engel in 2010 and updated in 2011. I n this article, he praisedRead Moresyllabus1129 Words Ã |Ã 5 PagesÃ¯ » ¿Northeastern University TSMG 5340 - Telecommunications Public Policy and Business Management Thursday 6:00PM Ã¢â¬â9:30PM Forsyth Building Rm 237 Fall 2014 9/4th Ã¢â¬â12/11th Instructor Dick Lush Email -email@example.com or firstname.lastname@example.org , phone -508-695-6034 If Class is cancelled Ã¢â¬â see announcement Course Material Course Pack at Harvard Business Publishing- https://cb.hbsp.harvard.edu/cbmp/access/2808663 See detailed instructions under Course Material TAB. There are Read MoreThe Impact Of Technological Change On Employment Essay1096 Words Ã |Ã 5 Pagesbe a cause of structural unemployment. A company may require new technology skills that are not met by the candidates in the area, so sometimes the employer decides to relocate certain jobs somewhere else where people are more qualified. Another example is when technology and automation in production causes loss of jobs as well. Also, a company may decide to move its office or production somewhere else (overseas), where the cost of labor is more convenient. All of these situations generate an increaseRead MoreEssay on Leaders vs Managers1234 Words Ã |Ã 5 PagesVs Managers Steven Powell MGT 380 Ms. Alysia Young July 12, 2010 There is the age old question of what is the difference between a manager and a leader? Most people will say that you canÃ¢â¬â¢t be a manager without being a leader. In this paper, I will discuss in detail, what is it that leaders and managers do, can leaders and managers be one in the same, as well as, explain the difference between managers and leaders. Most successful businesses usually consisted of a team of successfulRead MoreEthics and Communication Reflection Paper1274 Words Ã |Ã 6 Pagespatient education which was not completely addressed. Therefore in this paper I will be discussing the impact a nurse may have had on the case study, areas of shortage where I felt a nurse would have addressed the issue better, ethical positions that were dominantly discussed in the discussion and ways in which this case study contributed to the role of a nurse in areas of advocacy. Ã¢â¬Æ' Ethics Communication Reflection Paper Nurse as an Advocate The Case Study exercise allowed us to take a role thatRead MoreEurope s Democratic Deficit : The Question Of Standards1290 Words Ã |Ã 6 PagesOne of the sources examined in this paper was that of Giandomenico MajoneÃ¢â¬â¢s article Ã¢â¬Å"EuropeÃ¢â¬â¢s Ã¢â¬ËDemocratic DeficitÃ¢â¬â¢: The Question of StandardsÃ¢â¬ . This articleÃ¢â¬â¢s purpose was to factor in what definition was to be used for the democratic deficit. In this article Majone separates the two parties influenced by the democratic deficit: The European Community (EC) and the European Union (EU). The democratic deficit then that is used for this paper is taken strictly from the definition used by Majone, Ã¢â¬Å"TechnocraticRead MoreAbuse of Authority Essay1274 Words Ã |Ã 6 PagesAn Army White Paper, The Profession of Arms (2010), defines Army Ethic as, Ã¢â¬Å"The moral values, principles, and martial virtues embedded in its culture that inspire and regulate behavior by both Soldiers and the U.S. Army in the application of land combat in defense of and service to the NationÃ¢â¬ (p.12). Army Values and ethos in the Soldiers Creed, and Creed of the Non Commissioned Officer provide the foundation of Army Ethic. The Army creates and establishes regulations, policies, standards, and
Thursday, May 7, 2020
1984, is a book written by George Orwell giving the reader a view of what a dystopian government would be like. The government of Oceania controls the lives of itÃ¢â¬â¢s citizens; posters of a figure known as Ã¢â¬Å"Big BrotherÃ¢â¬ are seen all over and emphasize that he is always watching itÃ¢â¬â¢s citizens. The government enforces rules and regulations amongst itÃ¢â¬â¢s citizens, restricting them from giving their own opinion or even opposing the government. Thoughtcrime, face crime, and double think are all strictly prohibited. Various techniques and strategies are used by the Thought Police in order to catch and punish those who oppose the ideas of the government. The tactics that are used in this novel are correspondent to the ones our government uses today. These tactics are used to protect the United StateÃ¢â¬â¢s citizens in order to ensure their safety. Issues arise when a government begins to abuse the power they are given and intrude citizenÃ¢â¬â¢s privacy whi ch is unethical. Opposition to the government of Oceania is intolerable. The government has various methods for catching those who disagree with the ideas pressed among itÃ¢â¬â¢s citizens. In 1984 the Thought Police placed telescreen monitors throughout public places including individuals homes allowing them to tap in at anytime to listen or watch citizens. The telescreen can only be be shut on and off by the government, ensuring surveillance can be in effect any time necessary. Today in the US, government agencies such as the National SecurityShow MoreRelatedAnalysis Of George Orwell s 1984848 Words Ã |Ã 4 PagesCritical Analysis In the George OrwellÃ¢â¬â¢s novel 1984, much of the society is watched and have no privacy of any kind. Every person in the Party is under surveillance. In effect, these people cannot live freely and independently, but it seems to be an impossible task because of of the Party surveillance, and how they limit thinking and manipulate reality. We can similarly see these concerns and their effects in today s society and the ways the novel also acts as a warning for the future. In 1984 a manRead MoreAnalysis Of George Orwell s 19841423 Words Ã |Ã 6 PagesIn the novel 1984 by George Orwell, the Party has many strategies and tactics that help them have complete control of the people of Oceania. The control the Party has maintained gives them the ability to manipulate people as a result. The Party takes away the peopleÃ¢â¬â¢s freedom to have a say in their government and become their own person. They use their power to an extreme against the people rather than to help the people. The Party takes advantage of every opportunity to instill fear in the citizensRead MoreAnalysis Of George Orwell s 1984 949 Words Ã |Ã 4 PagesÃ¢â¬Å"1984Ã¢â¬ is a story which takes place in what was then the future of England. The book illustrates a dystopian society in which a government figure named Ã¢â¬Å"Big BrotherÃ¢â¬ rules above all. The country is surrounded by eyes so to speak, devices called Ã¢â¬Å"telescreensÃ¢â¬ are in houses and buildings to monitor wha t all of the citizens are doing via camera. Coupled with that is the existence of the Ã¢â¬Å"Thought PoliceÃ¢â¬ whose sole job is to monitor citizens from committing Ã¢â¬Å"thoughtcrimeÃ¢â¬ which is essentially thinkingRead MoreAnalysis Of George Orwell s 19841450 Words Ã |Ã 6 PagesThose familiar with George OrwellÃ¢â¬â¢s Ã¢â¬Å"1984Ã¢â¬ will recall that Ã¢â¬Å"Newspeak was designed not to extend but to diminish the range of thought.Ã¢â¬ I recently felt the weight of this Orwellian ethos when many of my students sent emails to inform me, and perhaps warn me, that my name appears on the Professor Watchlist, a new website created by a conservative youth group known as Turning Point USA. I could sense the gravity in those email messages, a sense of relaying what is to come. The Professor WatchlistÃ¢â¬â¢sRead MoreAnalysis Of George Orwell s 19841377 Words Ã |Ã 6 Pagesvarious types of governments, such include democracy, oligarchy, and more specifically, totalitarian. A totalitarian government gains extensive amounts of control and power over all of their people, and dominate over every aspect of their lives. George OrwellÃ¢â¬â¢s Ã¢â¬Å"1984,Ã¢â¬ conveys to its readers how the government presented totalitarianism and obtained control over their citizens. This action by the government compares to the massacre of the Holocaust, which portrayed the act of totalitarianism by aiming discriminationRead MoreAnalysis Of George Orwell s 19841029 Words Ã |Ã 5 Pages Imagine a world where everything you knew had to be forgotten, and you knew nothing more then what was being told to you. In George OrwellÃ¢â¬â¢s book 1984 this is exactly the case. Winston Smith, a m iddle aged man, lives a life already planned for him. Smith works at the Ministry of Truth rewriting the news and other articles to follow the teachings of Big Brother. Big Brother is the leader of Oceania, one of three world powers, and aims to rewrite the past to control the present. Oceania is separatedRead MoreAnalysis Of George Orwell s 1984 Essay1127 Words Ã |Ã 5 Pagesfirst civilizations of mankind, yet it is difficult find one that is perfect even till today. George Orwell shows an example of this within 1984. 1984 was written based on what Orwell thought the government would be like in 1984. He used his personal knowledge and experience with the government to create his story. The setting of 1984 is set in a superstate where there is a totalitarian government. Within 1984 and the 21st century one major key stands out: corruption rules both governments. Trust isRead MoreAnalysis Of George Orwell s 19841026 Words Ã |Ã 5 PagesIn 1984, by George Orwell violence contributed to the plot by having three stages of reintegration. The stages are to learn, understand, and to accept, Winston was forced to learn that 2+2=5 under torture, understanding that the party is good, and seeks power for its own. Winston accepts and understands the Party and Big Brother as soon as Winston wishes the burden of torture on someone else who he loves, and to learn that Big Brother is eternal and that 2+2=5, Winston then is committed and loyalRead MoreAnalysis Of George Orwell s 1984 1122 Words Ã |Ã 5 Pagesfreedom. A growing debate concerning OrwellÃ¢â¬â¢s 1984 relevancy is quickly on the rise. OrwellÃ¢â¬â¢s fear of a totalitarian society led him to write this book as he lived during the totalitarian movement in Russia. The fear of a totalitarian society spreading sparked his fear and wrote this book to make people understand that it is not benef icial to society. I feel that with the the National Security Agency in the United States, the issue and relevancy of 1984 has never been higher. The public is discoveringRead MoreAnalysis Of George Orwell s 1984 1608 Words Ã |Ã 7 Pagespossibility of intrusion that makes one ask themselves, how close is our society to becoming one where every action is monitored? How close is the idea of western civilization to becoming a police state, such as in North Korea, or the one in George OrwellÃ¢â¬â¢s novel, Ã¢â¬Ë1984Ã¢â¬â¢? North American society is drifting towards becoming a police state at an ever increasing rate. This is shown in how North Americans are slowly losing their rights, the police force acting above the law, and the monitoring of citizens
Wednesday, May 6, 2020
string(35) " its clients on SHORT t erm loans\." mrunal. org http://mrunal. org/2012/08/econ-crr. We will write a custom essay sample on Macroeconomic Cash Reserve Ratio or any similar topic only for you Order Now html [Economy] Cash Reserve Ratio (CRR) Controversy between SBI RBI: meaning, implication on Economy Explained 1. What is CRR? 2. What is Scheduled Commercial Bank? 3. Examples of Scheduled Commercial Banks 1. Case # 1: High CRR and SLR 2. Case # 2: Low CRR and SLR 4. Repo Rate 5. Reverse Repo Rate 6. Bank Rate 7. What is the need of all these CRR,SLR,Repo rates? 8. What is the problem with CRR? 9. How much CRR deposit does RBI have? 10. What does SBI want? 11. Deputy Governor of RBI 12. Timeline of Events 13. Mock Questions Before proceeding further, do read the earlier articles on 1. Statutory Liquidity Ratio (SLR) 2. Cost Push Inflation 3. Demand Pull Inflation What is CRR? CRR means Cash Reserve Ratio. Banks in India are required to hold a certain proportion of their total deposits with RBI in cash form. Right now, CRR is about 4. 75% that means if people deposit total Rs. 100 in SBI, then SBI would have to deposit Rs. 4. 75 in RBI. This is CRR or Cash Reserve Ratio. CRR rule doesnot apply to Regional Rural Banks, Non Banking Financial Companies (NBFC), Mutual funds or insurance companies. What is Scheduled Commercial Bank? Scheduled banks are those banks which have been included in the second schedule of the Reserve bank of India act of 1934. The banks included in this schedule list should fulfill two conditions. 1. The paid capital and collected funds of bank should not be less t han Rs. 5 lakhs. 2. Any activity of the bank will not adversely affect the interests of depositors [hahaha, does it mean Non-scheduled banks are allowed to adversely affect the interests of depositors !? ] Examples of Scheduled Commercial Banks Public Sector Majority of stake is held by the government. 1. State Bank of India (SBI) 2. Punjab National bank (PNB) Private Sector Majority stakes are held by private players. 1. ICICI, 2. HDFC, 3. AXIS Bank Case #1: High CRR and SLR Suppose total deposit deposited in (by you and me) State Bank of India =Rs. 100 Total Deposit CRR: 15%SBI has to park this much amount of total deposit in RBI, without getting any interest. SLR: 38%SBI has to park this much amount of total deposit, in Government securities / treasury bonds. SBI earns around 7. % interest rate on this investment. click me for more on SLR Money left with SBI Rs. 100 -15 -38 100-1538=Rs. 47 Case #2: Low CRR and SLR Total Deposit CRR: 4. 75%SBI has to park this much amount of total deposit in RBI, without getting any interest. Rs. 100 -4. 75 SLR: 23%SBI has to park this much amount of total deposit, in Government securities / treasury bonds. SBI earns around 7. 5% interest rate on this investment. Money left with SBI -23 1 00-4. 7523=Rs. 72. 25 In either case, as long as youÃ¢â¬â¢re running a bank, youÃ¢â¬â¢ll have some input costs such as 1. Salary to Bank PO , Clerks, peons and security guards (With rusted guns) 2. Office rent 3. ATM machineÃ¢â¬â¢s electricity and maintenance. 4. Newspaper advertizements. To pay above salary and bills, SBI would need to maintain certain amount of profit margin, no matter what RBI does with CRR,SLR or Repo Rate. In Case# 1, when SBI has only Rs. 47 in the hands, what can it do to keep the profit margin same? Obviously SBI will have to increase the interest rates on car,home,bike,business loans given to customers. In case# 2, when SBI has Rs. 72, what can it do? Here the situation is not that bad. So, SBI chief would decrease the interest rates on car,home,bike,business loans to seduce more customers. We already discussed this- SBI has more money so it can cut down interest rates and suffer temporary reduction in profit, in order to seduce more customers (compared to ICICI) So once SBI has reduced the interest rates, other banks will need to reduce their interest rates, to stay in the competition. Repo Rate LetÃ¢â¬â¢s continue assuming the Case# 2, that SBI has only Rs. 72. 25 left in its locker. SBI chief comes to know that recently Samsung Company has launched Galaxy S3 mobile so plenty of youngsters may want to buy it because of the advertisements that appear on TV channels 24/7 Thus there will be demand for more personal loans (EMI) or credit card based shopping. But SBI got only Rs. 72. 25. So SBI chief would borrow some more money from RBI @8% interest rate and then re-lend this money to customers as personal loan @16% (and thus aking a killing profit of 16-8=8%) or he can supply money to customers for Credit Card shopping, and in that case he can earn interest rate anything between 16-37% or even more (depending on hidden terms and conditions of credit card. ) This 8% : the rat e @which RBI lends short t erm loans t o client s, is called Repo Rat e. Reverse Repo Rate As the name suggests, Reverse repo rate is Ã¢â¬Å"reverseÃ¢â¬ of Repo rate. So, if SBI chief feels there is n ot enough demand for loans and most of those 72. 25 Rupees are sitting idle, heÃ¢â¬â¢ll deposit some of that cash, in RBI. RBI will pay SBI chief 7% interest rate on such deposit. Thus, Reverse repo rate is the interest rate which RBI pays its client s* for their shortterm deposits. Note: Reverse Repo Rate is automatically kept 1% less than Repo rate according to new RBI rules. [Since Nov. 2010, Reverse Repo rate is constantly 1% less than Repo]. Side Question Why would SBI chief put his money in RBI? Because on your normal savings account in SBI, the chief pays you around 4% interest rate, while RBI is giving him 7% Reverse repo rate, so heÃ¢â¬â¢s making a profit of 3%. Bank Rate Bank rate is the interest rate which RBI charges from its clients* for their LONG-t erm loans. Recall that Repo Rate = RBI charge that much interest from its clients on SHORT t erm loans. You read "Macroeconomic Cash Reserve Ratio" in category "Papers" *WhoÃ¢â¬â¢re the clients of RBI? 1. Union Government 2. State Government 3. NABARD (through that money goes to Microfinance companies and Regional Rural Banks) 4. Commercial Banks (SBI, ICICI etc) 5. Non Banking Financial Companies (NBFC) like Muthoot Finance and Mannapuram Gold Loans. (^list is not exhaustive. ) please not e: 1. Bank Rate, Repo Rate and Reverse Repo Rate applies to all Clients of RBI. . The CRR,SLR applies to Commercial Banks. (including Urban Cooperative banks but excluding Regional Rural Banks) What is the need of all these CRR,SLR,Repo rates? RBIÃ¢â¬â¢s main job = control inflation by controlling money supply in the market. Too much money in the market =easy to get loans= not good. Because ItÃ¢â¬â¢ll create i nflation. [Demand Pull] Too less money in the market= again not good, because businessmen find it hard to get loans, thus input cost of production increases= not good for economy either and itÃ¢â¬â¢ll create inflation. Cost push] Therefore, RBI will increase/decrease these CRR, SLR and Repo Rates according to the situation in order to adjust the money supply in market and thus control inflation. [Monetary policy] Nowadays RBI doesnÃ¢â¬â¢t touch Bank rate much and mostly relies on Repo rate to control the money supply. CRR and SLR are also not changed as frequently as Repo rate. And Reverse repo rate is automatically kept 1% less than Repo rate, so that makes Repo rate the Ã¢â¬Å"most f requent ly used t oolÃ¢â¬ in RBIÃ¢â¬â¢s monetary policy, in last two years. Apart from that, CRR,SLR and Repo Rate also help those competitive magazine wallas to fill up pages with ridiculously unimportant data tables to make your life more miserable. What is the problem with CRR? How much CRR deposit does RBI have? In July 2012 [all approximate numbers] Total Deposits in all Scheduled Commerical banks (SBI,ICICI etc) CRR: 4. 75%Banks have to keep this much amount of total deposits in RBI. Interest earned by SBI/ICICI etc on CRR deposits made in RBI 65 lakh crores 65 lakh crores x 4. 75%=around 3 Lakh crores sitting idle in RBI lockers. lakh crores x 0% = Rs. 0 If SBI/ICICI etc. could lend these 3 lakh crores (CRR deposits) to customers @10%, they could easily earn Rs. 30,000 crores in interest payment. Thus, CRR makes a huge difference in the profit of banks. UK, Canada, Sweden, Australia and New Zealand donot have CRR system in any form. In USA, there is graded system i. e. small banks donÃ¢â¬â¢t need to maintain any CRR with their central bank. While Ã¢ â¬Å"bigÃ¢â¬ banks would need to maintain CRR Deposit according to their size. Side Question: How Ã¢â¬Å"bigÃ¢â¬Å"? Answer: no need to do Ph. D on that question trail. By the way, USAÃ¢â¬â¢s RBI (Central Bank) is known as Federal Reserve syst em and commonly known as Ã¢â¬Å"FedsÃ¢â¬ . So sometimes while randomly surfing through BBC/CNN you might come across lines like Ã¢â¬Å"Market boomed /crashed after Feds cut down the ratesÃ¢â¬ theyÃ¢â¬â¢re talking about USAÃ¢â¬â¢s RBI changing their repo, SLR etc. rates Interestingly, USAÃ¢â¬â¢s RBI (Feds) pays interest on the CRR deposits, while IndiaÃ¢â¬â¢s RBI doesnÃ¢â¬â¢t pay any interest on CRR deposits. What does SBI want? Recently SBI Chairman Pratip Chaudhari said that CRR does not help anyone and it is unfair to apply it only on banks. Even if CRR is required why should it be on banks alone? There are a number of institutions that raise funds from the public Ã¢â¬â insurance companies, mutual funds and NBFCs so CRR should be applicable to all. Because of CRR, every year we lose Rs. 3,500 crore. Pratip Chaudhari = Chairman of SBI In India, Businessmen get loan @11 per cent while that for a Chinese equipment manufacturer gets loan in his country for only 4 per cent. So CRR= less money in market= higher interest rate= increases the input cost of Indian products. Deputy Governor of RBI On SBI chief Pratip ChaudhariÃ¢â¬â¢s demand for removal of CRR, the Deput y Governor of RBI K C Chakrabart y, replied that if the SBI Chairman is not able to do business as per our regulatory environment, he has to find some other place. On this [rude] comment of Chakrabarthy, SBI chief Pratip Chaudhari replied, (doesnÃ¢â¬â¢t matter what anyone says) I wanted to start a debate on CRR in the public domain, so let that debate happen. Timeline of Events Early 90s 1992 1996 1999 2007 CRR used to be as high as 15% and SLR used to be as high as 38. %, thus making life of businessmen and aam juntaa difficult. RBI introduces system of Repo rate. RBI introduces the system of Reverse Repo Rate RBI st art s paying interest rates to banks, on CRR deposits. Sub Prime Crisis in USA RBI st ops paying interest rates to banks on CRR deposits. 2010 Eurozone Crisis. For more on that topic, Click ME High inflation, RBI starts increasing Repo rate to fix it. 2011 Throughout the year, RBI keeps increa sing Repo Rate to combat inflation. Repo rates gets as high as 8. 50%. August 2012 SBI chief Pratip Chaudhari demands removal of CRR. He has been doing it since a long time, even in 2011 seminars] So, This CRR removal news topic would have faded away just like it did in 2011, had the RBI deputy governor not replied on SBI chiefÃ¢â¬â¢s statement. But RBI Deputy governor did, so the media blows the news out of proportion that Ã¢â¬Å"RBI snubs SBI chairman. Ã¢â¬ And thus the Innocent aspirants of UPSC, bank and MBA exams, are forced to learn one more topic i. e. CRR controversy. By the way, during this time, 1. 2. 3. 4. Bank Rate=9% Repo =8% (reverse repo would be obviously 8-1=7%) CRR=4. 75% SLR=23% Mock Questions Q1. Which of t he f ollowing st at ement s are incorrect ? 1. The NBFCs are required to maintain CRR deposits with RBI. 2. RBI pays interest rates on CRR deposits. 3. An Increase in CRR would decrease the liquidity from the market. 4. At present, Bank Rate Repo Rate Reverse Repo Rate. Q2. Which of t he f ollowing st at ement s are correct ? 1. Repo rate is the interest rate paid by RBI to banks on short term deposits. 2. A decrease in repo rate will increase the home loan interest rates. 3. HDFC is a Non-scheduled Commercial bank. 4. SLR is always 20% higher than CRR. Q3. What were the steps taken by RBI in its monetary policy during 2011 to control inflation in India. Do you think RBI achieved its objective? Give reasons to justify your stand. (Mains) Q4. If you were the RBI Governor, what steps would to take regarding the CRR issue? (interview) Ref: 1. Indian Economy by Ramesh Singh (Tata McGraw hill Publication) 2. http://moneylife. in/article/cash-reserve-ratio-a-non-performing-asset-forbanks/28066. html 3. http://www. indianexpress. com/news/cut-crr-to-fuel-positive-sentimentchaudhuri/980459/0 4. http://www. allbankingsolutions. com/DATA. htm August 30th, 2012 | Category: Economy How to cite Macroeconomic Cash Reserve Ratio, Papers
Monday, April 27, 2020
WEST SIDE STORY IS DIFFERENT FROM ROMEO AND JULIET Essay IN MANY WAYSLaurences West Side story is an apparition of Shakespeares Romeo and Juliet. West Side Story and Romeo and Juliet differ in many ways. Romeo and Juliet is set in Verona in about 1594. West Side Story takes in New York City in 1957. Tony is the modern character of Romeo and Maria is the modern character of Juliet. In the two tragedies the major conflict is two opposing families, or gangs, do not agree of the relationship of their child. This conflict was resolved in a very tragic manner, one of the two couples killed themselves the other couple just one got killed. When the death of the persons happened is brought the two foes together. West Side Story and Romeo and Juliet is indeed different in many ways. We will write a custom essay on WEST SIDE STORY IS DIFFERENT FROM ROMEO AND JULIET specifically for you for only $16.38 $13.9/page Order now Three incidents show Romeo and Juliet and West Side Story differs from one another. The first thing shows the difference between Maria and Juliet, and Romeo and Tony. When Juliet finds that her lover Romeo is dead Juliet kills herself. Maria does not kill herself but instead she puts her sadness into treating the two gangs with a gun. When Romeo finds Juliet supposedly dead he drinks poison to kill himself too. Chino killed Tony because Chino was in love with Maria but so was Tony. This is just one way that Romeo and Juliet differ from West Side Story. Another way the two stories differ is the wealth of the two families, or gangs. At the beginning of Romeo and Juliet, Shakespeare describes the Montagues and the Capulets houses. The size of the two houses shows how wealthy the families are. In West Side Story the author only tells about the Sharks dwelling. The Sharks live in an apartment which shows that the Sharks are not wealthy. The Sharks and the Jets are very poor compared to the Capulets and the Montagues. Swords were used in Romeo and Juliet and guns were used in West Side Story. The reason guns were used in West Side Story was to make the story more modern. Swords were really used in the time of Romeo and Juliet. These are just a few ways that Romeo and Juliet differ from West Side Story. In conclusion Romeo and Juliet are different from West Side Story in many ways. They are different from the characters to the time the two stories took place. Because West Side Story is more modern than Romeo and Juliet, it must be a little different for the story sound good.
Thursday, March 19, 2020
Why Running is the Best Sport Essay Essays Why Running is the Best Sport Essay Paper Why Running is the Best Sport Essay Paper A great fraction of people on the planet play a sport. Most people prefer to play a team sport to satisfy their needs and for many social reasons. However, although running is not a team sport, it is the best sport out there. Running is the best sport ever because its a way to keep your body in shape, it gives you a great rush after youre finished and because it improves your health. Running is the best sport because it is a great way to keep your body in shape. The sport keeps you up and owing, when commitment is shown. Instead of being a couch potato and watching television every night, a scheduled routine for a daily run could be substituted. Not many people see running as a workout, but It Is. A short, 20 minute easy run can already burn 250 calories. If running becomes a regular activity, those workouts can lead to tremendous changes In weight. Lastly, running Is a great way to train for other sports such as soccer, hockey, baseball, and even basketball. Once your body Is use to the fast pace, heavy breathing and an Increased heart rate type of workout, Its owing to be prepared for any other type of activity involving fast pace, heavy breathing and an increased heart rate. In conclusion, running has many ways it can keep your body in shape. In addition to keeping your body in shape, running can give you an exceptional rush once its completed. A run can make you feel like you accomplished something, whether its beating a previous time or Just simply finishing the run. These things can really make you feel confident and put you in a better mood. Running can also clear your mind after a long day. Some people say they lose themselves thinking during their run, which helps them flush out any thoughts in their head. The addition of the great outdoors Is also a way running makes you feel good. Fresh alarm Is proven to relieve stress and Its great for your body. So, running can be the answer to making you feel better and be a way to clear your mind. The fact that running improves your health is another reason why running is the best sport out there. Running has been proven to help lower blood pressure by maintaining the elasticity of the arteries. As a person runs, his or her arteries expand and contract more than usual, keeping the arteries elastic and the blood pressure low. Running also helps maximize the lungs potential, as it keeps them strong and powerful. While deep breaths force the lungs to use more tissue, the 50% of normally unused lung potential is utilized. Finally, running strengthens the heart and helps prevent heart attacks. The large muscle exercise helps keep the cardiac system efficient and strong. In fact, the heart of an Inactive person beats 36,000 more times ACH day than that of a runner, as running keep the arteries open and the blood flowing smoothly. Therefore, running Is a way to Improve your blood pressure, lung potential and strengthen your heart. In the end, there are many factors that contribute to making running the best sport ever. Keeping you In snaps, Glenn you an exceptional Russ Ana Tanat Its a way to improve your health is why running is such an amazing, world-wide sport. So when thinking about playing another sport, consider running, as it can change your life forever.
Monday, March 2, 2020
18 Funny St. Patrick's Day Quotes and Toasts Irish people love to joke about themselves, and their love for alcohol has long been a theme in St. Patricks Day humor- and their own good-natured ribbing of each other. Get a taste of the Irish sense of humor with these funny St. Patricks Day quotes, and use these toasts the next time youre in your favorite pub with friends. Irish Blessing May the Good Lord take a liking to you...but not too soon! May the Lord keep you in his hand and never close his fist too tight. Author Unknown Saint Patrick was a gentlemanWho through strategy and stealthDrove all the snakes from IrelandHeres a drinkee to his health!But not too many drinkeesLest we lose ourselves and then...Forget the good Saint PatrickAnd see them snakes again! Anyone acquainted with Ireland knows that the morning of St. Patricks Day consists of the night of the 17th of March flavored strongly with the morning of the 18th. Daryl Stout Why should you never iron a 4-leaf clover? You dont want to press your luck. Irish Saying There are only two kinds of people in the world, The Irish and those who wish they were. There are many good reasons for drinking,One has just entered my head.If a man doesnt drink when hes living,How in the hell can he drink when hes dead? An Irishman is never drunk as long as he can hold onto one blade of grass to keep from falling off the earth. Charles M. Madigan St. Patrick- one of the few saints whose feast day presents the opportunity to get determinedly whacked and make a fool of oneself all under the guise of acting Irish. St. Patricks Day Toast HereÃ¢â¬â¢s to a long life and a merry one.A quick death and an easy oneA pretty girl and an honest oneA cold beer- and another one! Irish Toast It is better to spend money like theres no tomorrow than to spend tonight like theres no money! May you die in bed at 95 years, shot by a jealous husband (or wife). May the sound of happy music, And the lilt of Irish laughter, fill your heart with gladness, that stays forever after. May your glass be ever full.May the roof over your head be always strong.And may you be in heaven half an hour before the devil knows youre dead. When we drink, we get drunk.When we get drunk, we fall asleep.When we fall asleep, we commit no sin.When we commit no sin, we go to heaven.So, lets all get drunk, and go to heaven! May you always have a clean shirt, a clear conscience, and enough coins in your pocket to buy a pint! May the winds of fortune sail you, may you sail a gentle sea, may it always be the other guy who says This drinks on me. May your doctor never earn a dollar out of you and may your heart never give out. May the 10 toes of your feet steer you clear of all misfortune, and before youre much older, may you hear much better toasts than this.
Saturday, February 15, 2020
Marketing analysis - industries, trends and competition - Thesis Example (Charles, 100) Some of the services offered by contractors are professional services that have been traditionally offered by A/E consultants for a long time. A/E consultants, faced with contractors taking away a large slice of the professional service pie, must defend their market shares, and expand their service base. This expansion will require A/H consultants to add new non-traditional services specifically tailored to the front end and back ends of M. Charles. Congress Approves New Design/Build Law. (Civil Engineering 2006) Pg100. the project cycles. Services in these segments include financing assistance, permitting, regulatory assistance, life cycle cost analysis, operation and maintenance (O&M) and renovation services. Marketing professional and construction services in the new millennium is not a simple task anymore. Architects in the past have relied heavily on their reputation and name recognition to get jobs. Consulting engineers relied on the 80/20 rule (80 percent of bus iness comes from 20 percent of clients), to drum-up business, and general contractors fell back on low bids in competitive bidding. (Friednian, 173) These techniques have worked in the past. However, recent shift in the project delivery system, and advancement in communication technology, necessitate that corporations look closely at their marketing efforts in the 21st Century. As general contractors move into the professional service arena, they seize market shares from A/E consultants. A/E consultants must react in any of the following three ways. They must reinforce existing market niche (services and clients). Develop marketing plans focused on client's retention (holding to market shares). Restructure their organizations to offer flexibility in the people and services (new services). The US construction market is a sizable lucrative market, and presents unique opportunities for foreign firms to set up local subsidiaries to actively pursue work. There Friednian, W. Construction Marketing and Strategic Planning. McGraw-Hill, Inc., NY. 2004, Pg172-173. are indications that foreign firms have successfully penetrated the heavy civil and highways public works markets in California, Massachusetts, and Florida. Forensic Construction Forensic construction involves the utilization of science in making decisions for legal disputes about buildings that have been constructed; chiefly involve the kind and quality of the building material, style and labor job. (Humphreys, 02) The design/build method, at-risk construction management, and the build-operate transfer (BOT) methods, have emerged as innovative alternatives to the competitive bidding method to deliver projects on time and on budget. This has resulted in a major shift in project delivery, challenging the conventional thinking, revolutionizing procurement of projects, and redefining the construction process. Trends for the 21st century are: Paradigm shift in the project delivery system. Refocus on the front end and back ends of project cycle. The construction market is becoming a service marketplace, rather than a commodity marketplace. Emphasis on life cycle costs (LCC), and total costs of a project. K, Humphreys.K. Jelen's Cost and Optimization Engineering, McCraw Hill, Inc., NY. 2008. Pg 1-2. Emphasis on value of