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Pages: 01-06
Avneet Kaur, Sandeep Kapur, and Mohit Gupta (School of Business Studies, Punjab Agricultural University, Ludhiana, Punjab)

Although there exist many empirical studies on forward contracts to hedge the currency risk, the evidence for other types of derivatives like currency options are in minority. The literature regarding option payoffs especially in context of Indian foreign exchange contracts is very less. The present study fills this gap and has tried to assess the profitability of payoffs from adopting bearish option strategies on USD-INR. The study was done for a period of 68 months from October 2010 to June 2016. Strategies namely long put, short call and bear call spread were employed on USD-INR. Amongst all the strategies, 2%OTM short call performed better with least coefficient of variance. It was found that returns from option strategy for each of moneyness applied is not significantly different from zero. The returns from all the three bearish option strategies was further compared with the help of one-way ANOVA. It was found that there was no significant difference at 5% level of significance.

Pages: 01-06Avneet Kaur, Sandeep Kapur, and Mohit Gupta (School of Business Studies, Punjab Agricultural University…

Pages: 618-622
Kamlesh Dhull (Vaish College of Education, Rohtak, Haryana)

The present study is an attempt to find out the difference in burnout among senior secondary school teachers in relation to locality and type of educational institutions. A descriptive survey method was used. In the present study, a sample of 100 senior secondary school teachers has been selected on the basis random sampling technique. Teachers' Burnout Scale by Gupta and Rani has been used to assess the level of burnout among senior secondary school teachers. Mean, Standard Deviation and 't' test was used to analyse the data. Findings of the study revealed that urban senior secondary school teachers have higher intensity of burnout as compared to their counterpart rural senior secondary school teachers; and private senior secondary school teachers have higher intensity of burnout as compared to their counterpart government senior secondary school teachers.

Pages: 618-622Kamlesh Dhull (Vaish College of Education, Rohtak, Haryana)

Pages: 614-617
Pooja Makkar (Shri Jagdishprasad Jhabarmal Tibrewala University, Jhunjhunu, Rajasthan)
S. K. Vasishta (Dayanand College, Hisar, Haryana)

Sustainability is the need of the hour. If a company has to lead in future, it has to be eco-friendly and proceed with sustainable development, only then they can maintain the leading position. There are varied views among people about how sustainability would affect the cost of their products and whether it would be beneficial or would have an adverse affect. Ultimately they found it to be great boost for their business. “As mounting research shows, the stable functioning of Earth systems including the atmosphere, oceans, forests, waterways, biodiversity, and biogeochemical cycles is The United Nations Rio+20 summit in Brazil in 2012 committed governments to create a set of sustainable development goals (SDGs) that would be integrated into the follow-up to the Millennium Development Goals (MDGs) after their 2015 deadline. Discussions on how to formulate these continue this week at UN headquarters in New York. We argue that the protection of Earth's a prerequisite for a thriving global society. With the human population set to rise to 9 billion by 2050, definitions of sustainable development must be revised to include the security of people and the planet” (Disley, 305-307).

Pages: 614-617Pooja Makkar (Shri Jagdishprasad Jhabarmal Tibrewala University, Jhunjhunu, Rajasthan)S. K. Vasishta (Dayanand College, Hisar…

Pages: 611-613
Khedkar Yogita M. and Kulange Shrikant P. (Department of Psychology, New Arts, Com & Science College, Ahmednagar, Maharashtra)

The Industrial revolution brought about dramatic changes in society. It has impacted humans socially and economically. The aim of the study was to find co-relation between occupational stress and family environment of Industrial workers. Occupational stress is known as stress at work. It occurs when there is discrepancy between the demands of the work and that of individuals. It is a serious work hazard which has the power to bring crisis on industrial workers. There may be various reasons for occupational stress like personality, general outlook on life, Problem solving abilities, and social and family support system, etc. Hence the present study tries to find out the relationship between occupational stress and family environment of industrial workers. For this study the 120 industrial workers working at four different industries in Ahmednagar city were taken as sample with age 25 to 45 yrs. The relationship between occupational stress and family environment was derived using occupational stress index and family environment scale. The data was analysed using SPSS 18 to study the correlations (Pearson product-moment correlations). The result reveals that there is significant correlation between occupational stress and dimensions of family environment.

Pages: 611-613Khedkar Yogita M. and Kulange Shrikant P. (Department of Psychology, New Arts, Com &…

Pages: 605-610
Anil Kumar, Ashok Kumar Godara, Ashok Kumar, and Jitender Kumar Bhatia (Chaudhary Charan Singh Haryana Agricultural University, Hisar, Haryana)

The study was conducted in purposively selected Hisar, Rohtak and Jhajjar districts of Haryana state with selected 61, 47 and 33 numbers of PWPS adopted farmers from each district, respectively and an equal number of non beneficiaries adjoining to the beneficiaries' farm were also selected. In this way a total number of 282 respondents i.e. 141 beneficiaries and 141 non-beneficiaries were included in the sample for the study. Due to adoption of PWPS at farmers' field, during the Rabi season the maximum decrease in area (4.41 %) was observed in wheat crop. The area under barseem, mustard and barley was decreased to 3.31, 2.48 and 0.67 per cent, respectively. Whereas, the area under vegetables (9.06 %) and horticulture (1.82 %) was increased. The same trend were also observed during the Kharif season as the area under traditional crop namely cotton, rice and bajra was decreased up to 9.38, 1.53 and 1.26 per cent, respectively. However, the area under vegetable (6.63 %), horticulture (2.66 %), sugar cane (1.91 %) and jawar (0.97 %) was increased due to adoption of PWPS.

Pages: 605-610Anil Kumar, Ashok Kumar Godara, Ashok Kumar, and Jitender Kumar Bhatia (Chaudhary Charan Singh…

Pages: 602-604
Neha Pandeya (Department of Psychology, MCM DAV College for Women, Chandigarh)

This study examined correlations and gender differences among college students on social loneliness, emotional loneliness, anxious attachment style, avoidant attachment style and depression. The sample comprised of 55 males (Meanage = 21.3, sd = 5.6) and 55 females (Meanage = 20.09, sd = 5.2) in the age range of 19 to 22 years. The following tests were administered: Social and Emotional Loneliness Scale, Experiences in Close Relationships, Self rating Depression Scale. Results revealed positive and significant relationships between social loneliness, emotional loneliness, depression, anxious and avoidant attachment styles among college students. However, significant gender differences emerged only on avoidant attachment style and emotional loneliness.

Pages: 602-604Neha Pandeya (Department of Psychology, MCM DAV College for Women, Chandigarh)

Pages: 598-601
Anusha Punia and Sushma Kaushik (Department of Extension Education and Communication Management, I.C College of Home Science, CCS HAU, Hisar, Haryana)

Agriculture is the principal source of food and livelihood in India. “Livelihood” connotes the means, activities, entitlements and assets by which people make a living, attempt to meet their various consumption and economic necessities, cope with uncertainties and respond to new opportunities The study was conducted in two districts of Rohtak division namely Sonipat and Karnal by random selection and by selecting one block from each selected district and two villages from each of the selected block at random. From the selected four villages a sample of 300 respondents i.e. 75 small and marginal farm families from each village was drawn at random to assess status of shelter/water and sanitation and health security of farm families. Regarding shelter/water and sanitation security, majority (64.0%) of farm families had shelter for livestock outside home and 84.0 per cent used dung as a cooking fuel. About health security, majority (58.0%) of families faced illness once or twice in a week and 56.3 per cent families could afford professional treatment with some difficulty.

Pages: 598-601Anusha Punia and Sushma Kaushik (Department of Extension Education and Communication Management, I.C College…

Pages: 594-597
Akhilesh Mishra, Parkshit Vaid, and Himanshu Jain (Department of Management Studies, Panipat Institute of Engineering & Technology, Samalkha, Panipat, Haryana)

The Indian banking sector is severely suffering with the problem of growing Non Performing Assets (NPAs) of banks. This unwanted growth has a direct impact on the profitability and liquidity of banks; it also poses threat on quality of assets and survival of banks. The economic growth scenario of the country needs a sound and resilient banking industry to support it. In this regard the present paper is an attempt to examine the health of banking industry with reference to the position of Capital Adequacy Ratio (CAR) and ability of banks to absorb various shocks. The paper provides an insight on the position of Capital Adequacy Ratio (CAR) of the top 5 public sector banks and top 3 private sector banks. Stress test sensitivity analysis has been used to analyze the CAR position of the banks considered for the study. A stress test is an analysis conducted under unfavorable economic scenarios which is designed to determine whether a bank has enough capital to withstand the impact of adverse developments. These tests are meant to detect weak spots in the banking system at an early stage, so that preventive action can be taken by the banks and regulators. Under the stress test sensitivity analysis of capital adequacy ratio is to be studied by imparting shocks to the NPA levels.

Pages: 594-597Akhilesh Mishra, Parkshit Vaid, and Himanshu Jain (Department of Management Studies, Panipat Institute of…

Pages: 590-593
Shweta Sharma (Department Garment Designs, NIIFT, Mohali, Punjab )
Prabhdip Brar (UIFT, Panjab University, Chandigarh)

Floor coverings have been co-existents with civilization. The domestication of annuals, shearing wool and then the utilization of spinning and weaving process to obtain thread and woven end products like rugs, sheets, pile carpets and several rough and sophisticated forms of druggist mats etc began to be created based on design and utilization. Elaborate design begun to surface in different parts of the world. In mother India the 'panja dari' weaving forms a cultural essentially and yet in facing a several decline as even local favour has dwindled over the past 2-3 decades. Several reasons are being for the showdown of the projected process right from the lowered raw material production of suitable threads to the weaving all purpose dari with complicated designs. The utilization of these daris has for year's dictated their usage. These have been culturally ordained uses of the 'panja' dari.

Pages: 590-593Shweta Sharma (Department Garment Designs, NIIFT, Mohali, Punjab )Prabhdip Brar (UIFT, Panjab University, Chandigarh)

Pages: 586-589
Shivani Singh (Department of Geography, Post Graduate Govt. College, Sector-11, Chandigarh )

Socio-economic empowerment has been understood to be the mainstay of development initiatives in India and the developing world. The role of women tends to get underplayed especially in terms of social capital. The work participation of women tends to remain latent and unacknowledged in terms of adequate remuneration. Elements of caste, class and religious grouping tend to further aggravate the position of the women on the socio-economic ladder. Many of the programmes and initiatives taken up by the government and the corporate sector have suffered setbacks due to the invisibility of the women in the social capital of the region. Not only are the women not acknowledged as partners in economic progress they are waylaid on the road to development of women's participation in the district's economy which are considered and which are ignored in the gradation of women's inputs and contribution on a regular established basis.

Pages: 586-589Shivani Singh (Department of Geography, Post Graduate Govt. College, Sector-11, Chandigarh )

Pages: 583-585
Meeta Gawri (Department of Fashion Marketing and Management, NIIFT, Mohali, Punjab)
Prabhdip Brar (UIFT, Panjab University, Chandigarh)

The apparel industry in India has experienced a tremendous upward surge in exports as well as the domestic market. These trends have been the result of newer markers in the industrial manufacturing processes. Market watchers have analysed these changed circumstances and have come up with a number of observations. These signs indicate that there is scope for improving manifold the current status of Indian based apparel products in the world market. The researcher has closely studied the production process of units in northern India and found the singular gatekeeper to the attainment of optimum sales to be located within the manufacturing process undertaken. The world apparel markets have progressed to the idyll of zero defects. India and more particularly, northern Indian apparel manufacturers have been riding high on the benefits of comparatively cheaper labour and raw material availability. However, the past decade has seen an overwhelming increase in the number of rejections. Several manufactures have been severely hit as they have had to suffer losses because of undue investments made on speculative orders. The researcher has attempted to examine the plight of the apparel units in the perspective of the changed world scenario in apparel purchases. Piles of rejected products have driven manufacturing units to revisit and reconsider their policies, approach and process programmes. This paper looks at the various lacunae and issues that have been afflicting the Indian apparel industry. The reasons, the remedies and the future approach have been examined.

Pages: 583-585Meeta Gawri (Department of Fashion Marketing and Management, NIIFT, Mohali, Punjab)Prabhdip Brar (UIFT, Panjab…

Pages: 580-582
Sarika Boora (Department of Psychology, GD Goenka University, Gurgaon, Haryana )

Insomnia is a condition wherein a person has problems regarding his/her patterns of sleep. Falling asleep, being unable to remain asleep are examples of disrupted sleep patterns. Some insomniacs have trouble falling asleep and remaining asleep. The subject must also suffer some degree of impairment in social, occupational, or other important areas of daytime functioning such as “tiredness, lack of energy, difficulty concentrating, and irritability”. In this study we have assessed the altered state i.e. sleepiness in real- life situations among insomniacs. For this we took a sample of 200 people, 100 control group and 100 insomniacs and applied Epworth Sleepiness Scale to assess sleepiness. The study reveals that Daytime Sleepiness among insomniacs was more prominent. Our findings suggest that the assessment and treatment of insomnia-related complaints should be included in any overall plan of care designed to optimize sleepiness as well as other important clinical outcomes.

Pages: 580-582Sarika Boora (Department of Psychology, GD Goenka University, Gurgaon, Haryana )
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