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Pages: 228-230
Munni Choudhary (Department of Commerce, Mahila Mahavidyalaya, JhojhuKalan, Bhiwani)

This paper explains banks have played a critical role in the economic development of some developed countries such as Japan and Germany and most of the emerging economies including India. Banks today are important not just from the point of view of economic growth, but also financial stability. Bank has developed around 200 years ago. The natures of banks have changed the time has changed. The term bank is related to financial transactions. Banking is a financial institution that provides services, such as accepting deposits, giving business loan, auto loans, mortgage lending basic investment products like saving accounts and certificates of deposit.The commercial banking industry in India started in 1786 with the establishment of the bank of Bangal in Calcutta. Commercial banks in India have traditionally focused on meeting the short-term financial needs of industry, trade and agriculture. However, given the increasing sophistication and diversification of the Indian economy, the range of services extended by commercial banks has increased significantly, leading to an overlap with the functions performed by other financial institutions. The paper explains objectives, functions, and significance of commercial banking.
Pages: 228-230 Munni Choudhary (Department of Commerce, Mahila Mahavidyalaya, JhojhuKalan, Bhiwani)
Pages: 225-227
Anita (Department of Economics, Shaheed Udham Singh Govt. College, Matak Majri, Karnal)

Thispaper explains monetary policy and its functioning with central bank. Monetary policy is the process by which the monetary authorities of a country control the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability. The paper explains goals of monetary policy that include inflation targeting, employment, equilibration of the balance of payments, growth targets for monetary aggregates, and the stabilization of exchange rates etc. The official goals usually include relatively stable prices and low unemployment. Monetary theory provides insight into how to craft optimal monetary policy. It is referred to as either being expansionary or contractionary. The paper explains types of monetary policy; its objectives i.e. price stability and economic growth. The paper explains tools of monetary policy include quantative and qualitative. Credit rationing, change in Lending margins, moral suasion, and publicity are qualitative methods of monetary policy. Its quantative methods include bank rate policy, the repo rate, statutory liquidity ratio; the cash reserve ratio, and open market operations. The paper also explains limitations and effectiveness of monetary policy.
Pages: 225-227 Anita (Department of Economics, Shaheed Udham Singh Govt. College, Matak Majri, Karnal)
Pages: 220-224
Jat Dhansingh (Singhania University, Pacheri Bari, Jhunjhunu, Rajasthan)
Rajkumar Khyalia (Govt. P. G. College, Hisar)

The present study was conducted on “Role of the Block Officials in the implementation of MGNREGA Programme” in district Bhiwani and Sirsa. They were interviewed by a well structured Questionnaire with objective in mind to acquaint with role performance of Block officials engaged in implementation of MGNREGA. The data concluded reveals that most of them said that they were involved in Training, Planning, and Management and were involved in making perspective plan. All of them agreed that complaint register was being maintained at the Panchayat level and facilities at worksites were available according to the MGNREGA norms and mode of payment is through bank account. Most of them agreed that preparation of work estimates were very effective and the plans were scrutinized at Gram Sabha, Panchayat and Block level effectively and the employment generation based on demand was effective. Most of them agreed that supervision by the implementing agencies were working satisfactorily and workers rights and entitlements were properly safeguarded. All of the respondents agreed that the minimum wages were very effectively implemented and the payment of wages was quite effective as per the schedule of rates. Half of them stated that the village monitoring committee was functioning effectively and half of them felt that it was not functioning effectively. However there is great need in Bhiwani district to constitute and trained them so that they can function effectively. The deposit into post office and banks were considered effective. Maximum stated that beneficiary committees and the social audit were effective. The complaints of the laborers were effectively redressed and stated that time taken for payment of wages ranges from a week to a fortnight. Maximum stated muster roll was kept for public scrutiny. Only one third of them said that discrepancies were found in the muster roll and there was delay in the release of funds. Most of them stated that they were not experiencing any problem in the implementation of MGNREGA and MGNREGA was meeting the employment demand and also problems were faced from elected representatives. MGNREGA staff should be under central government to decrease the interference from local PRI representatives. Maximum agreed that social audit was conducted for MGNREGA programme. Only one third stated that RTI was applied for MGNREGA. Almost all of the officials stated that MGNREGA is implemented satisfactorily, the awareness of MGNREGA programme was effective and the involvement of the PRI representatives is very significant but the participation level in the MGNREGA programme by PRI's was less significant.
Pages: 220-224 Jat Dhansingh (Singhania University, Pacheri Bari, Jhunjhunu, Rajasthan) Rajkumar Khyalia (Govt. P. G. College, Hisar)
Pages: 217-219
Saloni (Singhania University, Pacheri Bari, Jhunjhunu, Rajasthan)
Neelam M. Rose (College of Home Science, CCSHAU, Hisar)

The present study conducted on working and non- working women of Haryana of four major cities. They were interviewed through a well structured questioner with objective in mind to study the motives governing fashion adoption and motives governing purchasing behaviour. The data calculated and analyzed s revealed that desire for attractive appearance was given the highest rank by both working and non-working women followed by desire for social success by working women and desire prosperous looks by non-working women. Desire for prestige was considered least important by all the respondents. Apprehensions experienced by the working and non-working women while wearing out dated clothing items data indicate that fears or worries like 'under estimation at the first impression' followed by 'estimation of lack of good tastes' were experienced by the respondents when wearing outdated clothing items. Worries related to 'estimation of lack of self respect' was least experienced by all the respondents. Opinion of the working and non-working women regarding impact of wearing out dated garments all the respondents feel self-conscious when wearing outdated clothes. 'Feel uncomfortable to move freely in a crowd' was given second rank by the working women corresponding to the second rank given to 'feel uneasy and odd' by non-working women. According to a least number of respondents the use of out dated clothes 'made no difference'. Preferences of the respondents for changing the style of dress due to copying by inferiors it was found that working and non-working changed the style of dress due to copying by inferiors.
Pages: 217-219 Saloni (Singhania University, Pacheri Bari, Jhunjhunu, Rajasthan) Neelam M. Rose (College of Home Science, CCSHAU…
Pages: 213-216
Joginder Singh (VPO Bhagwatipur, Rohtak, Haryana)

The present study examined the critical analysis of administrative relations between centre and state in Haryana. One of the most difficult problems under a federal system is the adjustment of administrative relations between Union and the States. In the absence of clear provisions in the Constitutions, considerable difficulty is often experienced by the Union and the States in the discharge of their responsibilities. Here the pattern that is adopted is based mainly on that which was established under the Government of India Act of 1935.
Pages: 213-216 Joginder Singh (VPO Bhagwatipur, Rohtak, Haryana)
Pages: 211-212
Narendra Gaur (Department of Physical Education, Sri Venkateswara College, Delhi)
Sushma Rani, Sonesh Kumar Sharma and Vikramjeet Singh (Department of Physical Education, Singhania University, Bari Pacheri, Rajasthan)

The present study examined the speed and agility components of boys from selected schools of Ghaziabad and Delhi. Sixty male students studying in ninth, tenth and eleventh classes of high school boys of two different territories were selected as subjects for this study. These subjects were selected randomly. The age of these subjects ranged from 14 to 16 years. Random control group design was adopted for the present experimental study. Sixty subjects of high school boys of Merrut and high school boys of Delhi were in one group and Sixty subjects were in another group. AAHPER test was conducted on both groups.
Pages: 211-212 Narendra Gaur (Department of Physical Education, Sri Venkateswara College, Delhi) Sushma Rani, Sonesh Kumar Sharma…
Pages: 208-210
Rajendra Sinha (Jhunjhunwala Business School, Faizabad)
Kul Prakash (Swami Mangaldas Pranami College, Ranchi)

In this era of LPG, it is the survival of the most competitive enterprise. Competitiveness is the buzz word. Every organization therefore, in order to survive and exist has to be most competitive, and there are many ways in which one can increase competitiveness. Supply Chain management is one of them. In fact, every aspect of business is important for success. With constant addition to our knowledge, changing perspectives, every function of marketing needs a re-look now and then and definitely a watchful eye ever. Even a simple act of making the product available to the customer is not that simple anymore. Obviously it is simpler than conceiving a product, designing, manufacturing, packing, promoting etc. however; in spite of above activities if the product is not available in the right time or in right quantity, the business suffers by way of profit opportunities lost or lost sales. Gone are those days when customers used to wait for the right product or the required quantity. Now time is money and speed- may kill on the road but, wins in the market place. The customer now days not only wants instantaneously but wants it most comfortably or delightfully i.e. he looks for the pleasure the 5th P of marketing mix. Hence in my opinion, designing of the logistics or supply chain should start with this in mind- the 5th P- pleasure i.e. Customer Delight. When we say logistics or supply chain it actually has two distinct systems. One- the material management system concerned with the goods and services flowing into the firm and also known as In-bound logistics, using MRP (Materials Requirement Planning) and JIT methods and Two- the Distribution Management System, implying the flow of goods and service3s from the firm to the customers and also known as Out- bound logistics using DRP (Distribution Requirement Planning), QR (Quick Response) or ECR 9 Efficient Consumer Response) methods. This paper discusses the distribution system from the Supply Chain perspective.
Pages: 208-210 Rajendra Sinha (Jhunjhunwala Business School, Faizabad) Kul Prakash (Swami Mangaldas Pranami College, Ranchi)
Pages: 205-207
Sunena Jain (Department of Economics, FC College, Hisar, Haryana)

The Indian life insurance industry has its own origin and history, since its inception. It has passed through many obstacles, hindrances to attain the present status. The income earning capacity of an individual citizen of a nation and the eagerness and awareness of the general public are the two key determinants of the growth of any insurance industry. For that they should provide wider and mass-employment opportunities and sound educational system. More over, the general public must be inculcated with more knowledge, awareness and importance about life insurance, and these steps help to boost the growth of insurance industries. In this Indian context, the insurance habit among the general public during the independence decade was quite rare and in the following decades, it slowly got increased. There was a remarkable improvement in the Indian insurance industry soon after the acceptance and adaptation of Liberalization, Privatization, and Globalization (LPG) in the year 1991. After 1991 the Indian life insurance industry has geared up in all respects, as well as it is being forced to face a lot of healthy competition from many national as well as international private insurance players. The fall in the savings rate and increased competition in the primary market and particularly the aggressive mobilization by the Mutual Fund posed serious challenges before LIC. The present paper reviews the impact of globlisation, its threats and how to avoid those threats.
Pages: 205-207 Sunena Jain (Department of Economics, FC College, Hisar, Haryana)
Pages: 200-204
Priti (Department of Education, Shri Venketashwara University, Gajraula, UP)

Emotional Competence is the experience and expression of emotion in an efficacious manner. Saarni's list of eight skills is outlines below along with the caveat that the skills are interactive, context-specific and reflective of world-views. In other cultures, this list may will be modified and given new and distinct meanings. Yet it may be safe to assume that affect and its regulation does concern every community. The present paper reviews factors which influence the development of emotional competence was also attempted.
Pages: 200-204 Priti (Department of Education, Shri Venketashwara University, Gajraula, UP)
Pages: 196-199
Sonia (IMSAR, Maharshi Dayanand University, Rohtak, Haryana)

Advertising is the communication link between the seller and the buyers or the consumer. It does not simply provide information about products and services but is an active attempt at influencing people to action by an overt appeal to reason or emotion. Advertisements are designed to sell the products of the advertiser and to influence favourably the public mind individually and collectively with respect to the interests of the advertiser. Advertising inspires customers to purchase the products. It is said that an advertisemsnt is waste It only increase the cost and the money spent on it also goes waste. But today in the age of competition advertisement has become a part and parcel of man's life and it haunts us all the time. In this modern age even a progressive businessman cannot succeed without the help of advertisement. He has to deliver an attractive and forceful advertisement to promote the sale of his product. Advertising is so powerful and popular that it is taken as equal to marketing. Mass media are used intensively to advertise products. Marketing without advertising seems to be impossible. Advertising is just a magic stick to actualize marketing goals.
Pages: 196-199 Sonia (IMSAR, Maharshi Dayanand University, Rohtak, Haryana)
Pages: 193-195
Saloni (Singhania University, Pacheri Bari, Jhunjhunu, Rajasthan)
Neelam M. Rose (College of Home Science, CCS HAU, Hisar)

Clothing is an important area of personal satisfaction. Fashion reflects the ever changing culture. The present study conducted on working and non- working women of Haryana of four major cities. They were interviewed through a well structured questioner with objective in mind to assess influence of trade globalisation on fashion adoption and purchasing practices of women of Haryana. The study concluded that majority that foreign branded cosmetics were preferred by the maximum number of working women whereas these were used by comparatively less number of non-working women. Foreign branded purses were preferred by working and non-working women. Respondents' opinion regarding imported goods it is observed that majority of the working and non-working women experienced increase in availability of the imported goods. Views of the respondents regarding the change experienced in type/quantity/variety of clothing items after 2000 says that large number of working women felt change in type/quantity/variety of cosmetics followed by cardigans and shoes and sandals whereas 80 percent non-working women experienced change in type/quality/variety of cosmetics and slips followed by tops, shoes and sandals. The response for improvement in quality and variety of different items was positive by more than 50 percent of working and non-working women. Reasons for preference of imported garments over Indian garments by the respondents it is clear from the results that 'better quality' of the imported garments was the most important reason for preferring those to Indian garments followed by 'better style' by the non-working women and 'don't easily become common' by the working women. Other reasons for preferring imported garments were better fitting, symbol of status and economical.
Pages: 193-195 Saloni (Singhania University, Pacheri Bari, Jhunjhunu, Rajasthan) Neelam M. Rose (College of Home Science, CCS…
Pages: 189-192
Anita Sharma (Department of Psychology, Himachal Pradesh University, Shimla)

The current study examined the relationship between personality and aggression in females. The sample was comprised of 200 (Indian) university female students from different departments of Himachal Pradesh University. The results revealed the importance of personality in determining the aggression with 18% of variance in Physical aggression, 14% of variance in verbal aggression and 16% of variance in indirect aggression thus accounting for 48% of variance in totality. Findings were obtained through stepwise regression analysis.
Pages: 189-192 Anita Sharma (Department of Psychology, Himachal Pradesh University, Shimla)
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