सोमवार, 10 नवंबर 2014

TECHNICAL EDUCATION IN INDIA – ITS IMPACT ON INDUSTRIAL GROWTH AND SOCIAL DEVELOPMENT

**********SAMPLE ESSAY FOR SBI PO ASSOCIATE************

TECHNICAL EDUCATION IN INDIA – ITS IMPACT ON INDUSTRIAL GROWTH AND SOCIAL DEVELOPMENT

Technical Education system is dynamic in nature. It faces many hurdles in response to societal, technological and economic changes in the environment both home and foreign. The debate today is not only about the value and role of Technical education in the social and economic development of a nation but has a broader aspect. Technical education is widely recognized as a vital part of the total education and training system. The real challenge is how to reposition it by shifting towards a developmental paradigm that holds sustainability as its core.

We dwell in an age of mechanics. Technology now rules supreme in a civilized society. Man has mastered largely the forces of Nature through application of technical skill. The day is not far distant when computers and even robots will rule the field of work.In the circumstances, technical education is essential to run our factories and fields of production. That is also financially advisable. There are a few households in an Indian city that do not nowadays depend upon machinery, directly or indirectly. Manual labour is being superseded by steam, gas and electrical power. The mighty forces of Nature are being harnessed to serve the wants of man. We are dressed by machinery, transported by machinery, lighted by machinery, our very catering and amusements are being ministered to by the mechanical contrivances of radios, televisions and cinemas and internet arrangements. Every home has to depend on electricity; every office is equipped with telephones and teleprinters, and computing machines of all kinds. Even the playgrounds have electrical scoreboards and timekeepers. And this mechanization of life will increase and expand as days would roll on.

Technical education, aims primarily at equipping a man for work in the practical sense of getting him fit for a job. We need skilled workers. Manufactured goods worth crores of rupees are being imported every year. There is dearth of food. Our industries are yet in infancy. We need engineers to man them. We need mechanized farming to increase the output of corn. All this is only possible if we give a technical turn to our education and if skilled labour is made available.

At present there are very few good technical institutions in the country. And the reason is not far to seek. Most of our young men have a sort of prejudice against all types of manual labour. They prefer a job in some office to doing work with their hands. They think that manual labour is degrading. Unemployment, therefore, stares them in the face. The jobs of clerks in offices too, are limited. All educated young minds cannot be absorbed in this vocation.

Technical education is only likely to succeed when a large part of the nation has become sufficiently literate. It is an excellent thing to train an electrician’s son in the latest development of his trade, but it is ridiculous to expect him to become a first rate electrical engineer unless he has gone through a primary course in liberal edu¬cation. It is, therefore, not wise to put liberal and technical educa¬tions in water-tight compartments. The proper policy would be to stress liberal education in the early stage, say till Matriculation, and then commence with the main course of technical education basing on the student’s choice of scientific research on aptitude and incli¬nation.

India is rich in mineral resources but most of them have not been tapped. The government is keen to utilize this wealth. More and more technical institutions are, therefore, being opened. A large number of technical hands are pouring out of our universities every year. It is a happy sign of the times but unfortunately our industries are still mediocre and the number of jobs are less. No nation could generate the progress unless it promotes technical aspects in its fields. The technical education produces technicians for all type of industries and it is true that the progress of a country much depend upon its Industrialization without which a handsome economy would not be possible.
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Technical education contributes substantially to the Socio Economic development of the country as a whole. The development sustenance of the industrial sector is entirely dependent upon the availability of trained manpower to perform the multidimensional activities needed to keep the wheel of industry running. Technical Education aims towards making available these trained technically qualified hands to serve the industry and society.

Finally, the point has to be made that technical and vocational education and training alone by itself does not lead to rapid industrialization, or provision of jobs or eradication of poverty. Good government policies do all three. The rapid expansion of technical education in the post-liberalization era has thrown open new challenges including implementing major reforms, feeding the demands for new jobs and further training so that opportunities are created on a sustainable basis to trace and light the path for industrialization and social development. This is the challenge that Indian government and training institutions must rise up to. The only question that remains is, Are they ready?

गुरुवार, 6 नवंबर 2014

Word: Amoral(Adjective)

Definition: not involving questions of right or wrong; without moral quality; neither moral nor immoral.

Synonyms: Abandoned, Fast, Lewd, Animal, Carnal

Antonyms: Chaste, Good, Innocent, Moral

Example Sentence:
But the great thing about good science is that it's amoral, objective and doesn't cater to the court of public opinion

.Word: Amoral(Adjective)

Definition: not involving questions of right or wrong; without moral quality; neither moral nor immoral.

Synonyms: Abandoned, Fast, Lewd, Animal, Carnal

Antonyms: Chaste, Good, Innocent, Moral

Example Sentence:
But the great thing about good science is that it's amoral, objective and doesn't cater to the court of public opinion.

Word: Debacle(Noun)

Definition: a general breakup or dispersion; sudden downfall or rout:

Synonyms: Beating, Disaster, Rout, Overthrow, Breakdown

Antonyms: Creation, Success, Win, Boone

Example Sentence:
I'd like to blame the airport's poor signage for this debacle, and I do a little.





Letter to Bank for Converting Single Account into Joint Account Holder

Letter to Bank for Converting Single Account into Joint Account Holder

13/1 Nehru Road
Delhi

19 May’14

The Manager
State Bank of India
Cristal Point Branch
Delhi

Sub: Request for inclusion of Mr.___________ as Joint Account Holder

Sir

Ref: SB A/c No. _________________

This is in reference to my above referred SB A/c with you. I have an account at your bank under my name and now wish to include my (Daughter / Son/ Wife) Ms. / Mr. / Mrs. _____________ as Joint Account Holder on survivor basis.

I, therefore request to include him/her as joint account holder to my SB A/c. Henceforth, the account will be operated by either of the Account holders.

Thanking you,

Yours faithfully
XYZ

Computerization of Banks In India

***SAMPLE ESSAY FOR SBI PO ASSOCIATE***********

Computerization of Banks In India

E-commerce and e-banking are the buzz words in the global commercial activities today. E-banking or Electronic banking refers to conducting banking activities with the help of information technology (IT) and computers.

Computerization of banking functions in India was resisted by labour unions for fear of loss of job opportunities. Secondly, computerization needs IT savvy personnel which require intensive technical training. Thirdly, computerization needs heavy capital outlay for purchase of machines.To have effective computerization of banks a large num¬ber of bank branches situated in rural areas need to be connected. Telecommunication facil¬ity at rural areas is slow to reach. For the reasons mentioned above, computerization made a slow entry in Indian banks.

Based on the suggestions made by Rangarajan Committee, banks started initiating measures to computerize their various operations. Public Sector Banks (PSU banks) started identifying important / large branches for full branch computerization.

Banks which had fully computerized some of their branches started inter-connecting their computerized branches using leased telephoned lines or through satellite system. This enabled banks to have a better centralized control over branches besides ensuring comprehensive service to their customers.

Banks started providing for sizeable funds for computerization of their operations. It was necessitated due to financial sector reforms initiated in the early 90s through Narasimham Committee recommendations.

Further globalisation and liberalisation measures introduced during 1990s allowed setting up of new private sector banks and free entry of foreign banks into India. This brought in a different and new operating environment to banks.
The deregulation of interest rate regime, phased reduction in Cash Reserve Ratio / Statutory Liquidity Ratio, introduction of universal banking system, permission to start new banks in the private sector, etc., by Reserve Bank of India encouraged competition among banks.

These measures had pushed the Indian banks to go for state-of-art IT and services and products like " anywhere banking ", " tele- banking" etc. Simultaneously the importance of effective Management Information System (MIS) for control of operations, maintenance of data base, good customer relationship was felt.
Accordingly banks presently cover performance monitoring, decision making, control of branches, administrative matters, submission of statutory returns to RBI, inter branch transactions, reconciliation of outstanding entries in various accounts, funds transfer, credit related information, investment management, treasury operations through money market, fore market, securities market, employees personal data and scores of other operations with the use of IT and computers.

Yet the level of computerization may differ from banks to banks. Today, we may say that 80 per cent of banking operations in cities are computerized. The process is fast picking up even at rural branch level.

Today, the number of computers used with banks in India had crossed 1, 00,000. The total number of ATMs is more than 2000.Thus we can say that computerisation of banks have been quite helpful for the customers and the bank too. But we need to keep on improving and implementing latest technologies for the continuous betterment of our banking sector.
1 Ask after = ask the news about somebody
2 Ask for = ask somebody to give something
3 Ask in = invite to come in 
4 Bank on/upon = depend on, rely on
5 Bear out = support
6 Break away= go away suddenly or abruptly
7 Break down = destroy, fail, cease to function properly
8 Break in = enter by force
9 Break off= become separated from something by using force
10 Break up = become separated into small piece
11 Bring about = cause to happen
12 Bring out = publish
13 Bring round = make somebody conscious again
14 Burst in = interrupt
15 Call back = shout to somebody to turn round and come back to a place he has just left
16 Call down = request, pray
17 Call for = demand
18 Call in = summon , send for
19 Call off = cancel something yet not started
20 Call on/upon = pay short visit to a person
21 Call out = summon
22 Call up = bring something back to your mind , remember
23 Care for = look after, take care
24 Carry off = win
25 Carry out = obey, execute
26 Clear away = pass away
27 Clear out = leave quickly
28 Close down = shut permanently
29 Close in on /upon = come near to and surround
30 Close with = accept
31 Come about = happen
32 Come across = find by chance, meet suddenly
33 Come after = pursue, chase or follow a person
34 Come along = make haste
35 Come between = interfere with a relationship
36 Come by = manage to get something
37 Come forward = offer to give help, information
38 Come from = have as a birth place
39 Come off= take place, happen, be able to be removed
40 Come on = follow
41 Come out = Appear, be published
42 Come over= come from a distance
43 Come round = travel by a linger route than usual
44 Come through = recover from a serious illness, to get better after a serious illness
45 Come up = be talked about or discussed, be dealt with
46 Come upon = attack by surprise
47 Count on/upon = rely upon/depend on/upon
48 Crop up = appear, happen without expectation
49 Cry down= condemn, criticize
50 Cry off = decide not to do something promised or agreed to do

VOCABULARY

VOCABULARY

Word: Indifferent(Adjective)

Definition: having no bias, prejudice, or preference; impartial; disinterested.

Synonyms: Aloof, Impartial, Superior, Apathetic, Objective

Antonyms: Biased, Concerned, Interested, Partial

Example Sentence:
He is indifferent to the poorly behaved dogs that bark or take an aggressive stance towards him.

SBI Associate - PO Descriptive Essay Topics

SBI Associate - PO Descriptive Essay Topics

• ENVIRONMENT AND ECONOMIC DEVELOPMENT
• PRIMARY SECTOR AND GROWTH
• REDUCING UNEMPLOYMENT
• TERRORISM AND ECONOMY
• FDI RETAIL SECTOR
• ECONOMIC GROWTH AND SOCIAL DEVELOPMENT ARE CORRELATED
• ECONOMIC AND SOCIAL DEVELOPMENT
• ELEMENTARY EDUCATION
• PROMOTION OF SPORTS A SOCIAL NECCESSITY
• IMPORTANT OF INTEREST RATE IN BANKING

Descriptive Topics asked in SBI PO 2014

Descriptive Topics asked in SBI PO on 14th, 15th June 2014

Share with your Friends..........

Letter writing -

1.A letter to Complaint Letter : Being a customer of a so and so
bank, you have to write a complaint letter to the Bank Manager
about the negligence / irresponsibility of the employees
2.Letter to Editor : About tampering the currency notes by
punching pins to it.
3.An Informal Letter about telling your friend about the
advantages of PPF account and suggesting him to open a PPF
account.
4.You are withdrawing money from ATM but the ATM turn out to
be malfunctioned. So, money didn’t come out but deducted
from account. Write a letter to bank manger for refund.
5.Letter to regional manager for change in bank timing as it is
inconvenient for customers.
6.A Letter to Superintendent of Police raising the concern over
the increased cases of theft near ATM.
7.A letter to bank for applying educational loan providing all
particulars.
8.A letter to friend for encouraging and wishing him for civil
service examination which he is writing for the third time.
9.A letter to editor for publishing some articles on stress
management since these are exam season.
10.A letter to bank manager about the bad habit of stapling
currency notes
11.A letter to friend to aware him about the importance and benefit
of PPF account
12.A letter to the Bank Manager for the rude behavior of one of the
employee.
13.A letter to the Manager of the Bank for the Overdraft Facility
which you stopped long ago with the bank.
14.Write a letter to the K/S for giving you consignment glassware
in which one of the consignment was damaged and asked forthe compensation to the K/S Company.

Essay Writing -

1.How Education for economics can be put into college?
2.Is election commission right in banning election symbols
during casting of votes?
3.Roll of uneducated people in Indian Economy
4.Is generation gap a myth?
5.Enslavement of man by technology.
6.Is presidential form of government is suitable for India?
7.Those who saved More Taxed More. Justify
8.The Viability of Presidential Form Of Govt In India.
9.Benefits of Mutual fund investments
10.United Nation Organizations contribution towards the recent
turmoil’s in Ukraine
11.India's Place in research paper survey
12.Suggestions to alleviate unemployment problem.
13.Role of newspapers in influencing society or youth
14.Contribution of unskilled labour in indian economy
15.How can education on economy are indulged in the college
study?
16.Future of Banking Industry
Precis Writing -
1.Economy
2.Inflation
3.Devaluation of money
4.Investment Banker
5.Role of a good banker.
6.A Precis emphasized on temperature, precipitation and how it
affects primary industries and economy
7.Banking system in India
Paragraph Writing -
1.Should betting be legalised in India?
2.The outdoor games in schools are mandatory or not
3.Downside of education loan
4.Types of Banks and RBI policies.
5.The addictive influence of Online gaming
6.Slate boards to papers, fountain pen to ball point pen, whats
next?
7.The unpredictable human life.
8.Downside of education loan
9.A stitch in time saves nine.
10.Dignity of Labour.
11.Travel as education
12.Peaceful use of Atomic Power
13.Evaluation of Money causes Inflation
14.Labour is Key for Success

Descriptive Topics asked in SBI PO on 27th, 28th and 29th June 2014

Letter writing -

• Write a letter to a friend who has got scholarship to study in abroad but is not willing to go as he is a single child of his parents.
• Write a letter to the Airlines Authority that you have left your cabin bag yesterday in the flight.
• You completed B.com (Banking & Insurance). Write an unsolicited letter to bank manager for the job.
• Write a letter to a friend advising him/her not to loose hope after failure in university exam.
• Letter to the Editor about Air Pollution and giving some suggestions
• Write a letter to a letter to client as Manager to help him close his savings account.
• Write a letter to the newspaper regarding loan easiness
• Write a letter to the bank manger reporting him about missing of debit card
• Write a letter to your friend telling him to don't lose heart but hope for better future from her vast experience from life
• Write a letter to your friend suggesting him to visit the Capital's Museum. Also, give importance of the visit.
• Write a letter to the higher authority of your bank to give promotion on the basis of your efficiency and loyalty as you have given 24 years of service to the bank

Essay Writing

• Transformation caused on workplace by information technology In past two decades
• Use of animals in scientific research
• Economic importance of tourism
• Will India ever be a developed country?
• Women Empowerment
• Banking Risk and Management
• Delink of commodities to drop price hike in share market
• Setting personal financial goal early in life
• Women's Safety - It is our responsibility
• Village vs Town

Precis Writing

• Good and Bad Economists
• Impact of Micro Finance on Poverty
• Capital Market
• Value of Money
• Value of time in financial world

Paragraph Writing -

• Steroids as lifesavers
• My last wish
• Qualities of good marketing personnel
• Even if you lose, you keep the lesson
• Courtesy as an asset for Human Relation
• Importance of morning walk
• Stocks and Bonds in Share Market
• Art of Negotiation and it's Importance
• About Distinct Education in on-line vs Conventional University Educations

VOCABULARY

VOCABULARY 
Word: Combative(Adjective)

Definition: Ready or eager to fight or argue

Synonyms: Quarrelsome, Argumentative, Bellicose, Aggressive, Belligerent

Antonyms: Peaceful, Agreeable, Compromising, Kind

Example Sentence:
The use of antipsychotic drugs to tamp down the agitation , combative behaviour and outbursts of dementia patients has soared.

Is Food Security Law necessary for India?

*********SAMPLE ESSAY FOR SBI PO ASSOCIATE*******

Is Food Security Law necessary for India?

There exists a linear relationship between economic growth and health and a better economic growth leads to a better health status. When this nation is considered important, food security becomes a sheer necessity. The economic growth of our country has been considerably good in the past decade; however, there has not been any significant reflectance of economic growth on the health status of people in the country.

The economic role of food and nutrition is something which can be looked down upon and this in turn, becomes a rationale for formulating a public policy. A proper food policy hence becomes the need of the hour. A well targeted nutrition policy can create wonders and also provides a way analogous compared to other policies. In this scenario, the National Food Security Bill can turn into something revolutionary and can leave a huge impact in the economy of the country. The Bill can transform and restructure the lives of people if carefully crafted and implemented.

The recent Food Security Bill proposed by the expert committee, headed by Dr. C. Rangarajan, outlines some of the salient features such as providing food grains at subsidized prices at least to 75% of the people in the country, priority households getting 35 kg of food grains at a price of Re. 1, 2 and 3 for millets, wheat and rice respectively. The Bill also assures a constant price and coverage until the end of the twelfth plan period. The bill also highlights the need to rebuild the public distribution system in the country.
Government of India has introduced several welfare schemes like the mid day meals scheme and the food grains needed for it is also taken into the current estimate of the total food grain requirements. A buffer stock maintenance becomes mandatory keeping in view some unforeseen and unfortunate circumstances such as flood, draught and other natural calamities.

One of the best ways to ensure distribution of food grains in the country is through Public Distribution System which runs about 1k Fair Price Shops in the country. However, the distribution system must be competent enough to deliver as the basic objective of the bill is to curb hunger and malnutrition. Identification of beneficiaries should be done precisely and the machinery should be programmed perfectly to assure that the schemes reach the needy.

Unfortunately, the entire system in our country is abetted by corruption and this comes as a major threat to the developmental policies. Political and bureaucratic problems in the country need to be addressed first and it is high time for us to realize that the real-time problems cannot be solved by the stroke of a pen. The darker side of the proposed bill is that it may turn out to be little beneficial and create new avenues for political and bureaucratic corruption. Moreover, the proposed bill may not prove effective in identifying the problems relating to malnutrition, hunger and poverty. Improving environmental sanitation is one of the most preferred tools to reduced malnutrition and that is one measure the central government should adopt.

One of the better solutions for this would be identifying the beneficiaries and the needy geographically. When this is done in a perfect way the rest becomes easier. "Public Health Campaigns" no doubt have a bigger role to play when it comes to enhancing the nutritional levels of children and women.

Hence, drafting a Food Security Bill and passing it in the parliament with absolute majority will alone not solve the purpose of food and malnutrition, but implementation of proper measures to ensure that the schemes reach the beneficiaries properly will only provide a better solution to solve the food crisis.

Foreign Direct Investment in Retail Industry – Its Advantages and Disadvantages

**SAMPLE ESSAY FOR SBI PO ASSOCIATE***********

Foreign Direct Investment in Retail Industry – Its Advantages and Disadvantages

Government has encouraged by the economic policy 1991, has adopted retail reforms mainly as 100% FDI in the retail sector in India. It may benefit by bringing investment in complete backend infrastructure and helps rural and agricultural sectors with a better go to market scenario. They also safeguard the health of the Indian retail sector against competition from the player of global economy.
India is ranked as the third most attractive nation for retail investment among 30 emerging markets with domestic companies like the Future Group, Tata’s Westside, Reliance Fresh, Raheja Group and Bharti Retail competing for market share. Market liberalization sowing the seeds for a retail transformation that will bring more MNCs players and big Indian retail players which are looking to expand their operations which include Pantaloon, Reliance, Lifestyle, Food world, Raymond, Titan, Bata etc. Global player’s access India market through the licensee/franchisee route includes McDonald’s, Pizza Hut, Dominos, Levis Lee, Nike, Adidas etc.

There are so many advantages of FDI in retail sector
1. Boost Economic Life -
This is one of the major sectors, which is enormously benefited from foreign direct investment. A remarkable inflow of FDI in various industrial units in India has boosted the economic life of country.

2. Increase level of competition -
FDI increase level of competition in market. They have to improve quality of products and service in order to stay in market. They enter into Indian market through Joint venture and collaboration.

3. Maximum Opportunity –
FDI norms will open up strategic investment opportunity for global retailers, who have been waiting to invest in India. This may have a significant impact on the current arrangement of foreign players. Employees are well-versed with globally valued skills. FDI also ensured a number of employment opportunities to people by establishing industrial units in India.

4. Advance Technology
Improved technology in the area of processing, grading, handling and packaging of goods and further developments in areas like electronic weighing, billing, barcode scanning etc. Further, transportation facilities can get a improved in the form of increased number of refrigerated vans and pre cooling chambers which can help bring down wastage of food.

DISADVANTAGES OF FDI

FDI feels that liberalization would endanger retail sector and mainly affect the small retailers, farmers and consumer and give rise to monopolies adversely affect the pricing and availability of goods. The entry of large global retailers such as Wal-Mart wipes out local shops and millions of jobs. The global retailers would collude and exercise monopolistic power to raise prices and monopolistic (big buying) power to reduce the prices received by the suppliers. Hence, both the consumers and the suppliers would lose, while the profit margins of such retail chains would go up. It would lead to lopsided growth in cities, causing discontent and social tension elsewhere.
Despite country wide speculation on the plight of various Stakeholders, trading associations, politicians, etc. have given various arguments for and against FDI in retailing. However, such arguments are largely based on perception and there has not been serious academic research in this area. Further, India’s local enterprises will potentially receive an up gradation with the import of advanced technological and logistics management expertise from the foreign entities.

In our view, the government has an opportunity to utilize the liberalization for achieving certain of its own targets- improve its infrastructure, access sophisticated technologies, generate employment for those keen to work in this sector.FDI would lead to a more comprehensive integration of India into the worldwide market and, as such, it is imperative for the government to promote this sector for the overall economic development and social welfare of the country. If done in the right manner, it can prove to be a boon and not a curse.

*************SAMPLE LETTER FOR SBI PO ASSOCIATE**********

*************SAMPLE LETTER FOR SBI PO ASSOCIATE**********

Write a letter to the Bank requesting for Overdraft facilities.

17/361Panchsheel Park
New Delhi

21 May’14

The Branch Manager 
Bank of Commerce
Daryaganj New Delhi

Sub: Request for Overdraft Facility

Sir

We are having a Current Account bearing No. 284 in your bank.Our monthly turnover is about Rs. 80 lakhs and never has amount been overdrawn against our correct account. Also, not a single cheque of ours has been returned over since we opened an account with you about nine years ago.We need additional funds of Rs. 2 crore, as we are planning to enter into the export market. We have been able to raise Rs. 1 crore from our friends and acquaintances but we still need Rs. 2 crore and hence we request you for an overdraft facility of this amount.

We are enclosing a photocopy of our assessment for the previous year and copies of balance sheet and profit and loss account for the last three years for your perusal.

We shall undertake to mortgage our stock which is always worth Rs. 2 crore and above.We look forward to an expunctions response.

Thanking you

Yours faithfully
XYZ Manager