Wednesday 26 April 2017

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Thursday 13 April 2017

DESCRIPTIVE - Essay FOR SBI PO 2017 




Essay : Role of MNCs in India

Overview
o             Introduction of MNC. 
o             Arrival of MNCs in India after 1991. 
o             Some important roles played by MNCs in India
o             The impact of MNCs on the development of a country. 
o             MNCs may damage the economies of the underdeveloped countries. 
o             MNCs in India as a harbinger of growth and development.
Multinational Corporations (MNC) are those corporations than: has its assets and business in more than one country including its home country. These corporations have offices or manufacturing units in different countries and usually have a corporate head office in the mother country which is 

responsible for coordinating global management. Most of the multinational companies earlier were either American or European or Japanese.

But, of late Indian companies have also started to put their footprint at the international level. Multinational companies are like a double edged sword, on one hand it creates jobs, brings technology, provides best practices to the industry; on the other hand MNCs work as lobby in influencing government policies in their favour and can lead to shutting down of local industries and product due to its economic and technological prowess. MNCs made its foray in India after the 1991 economic reform. The LPG (Liberalisation, Privatisation, Globalisation) reforms opened the Indian economy to companies across the world. MNCs are also known as 'Transnational Companies'. India hosts the largest number of MNCs from USA and Europe.

These have large industrial footprint and have spread their tentacles through a network of branches in the fields of operation, marketing and human resources. MNCs come to India through FDI route. In Foreign Direct Investment (FDI) there are two routes, Automatic route and Approval route. Under the automatic route no permission is required for foreign investors either by government or RBI. But under the approval route investment approval is given by Foreign Investment Promotion Board (FIPB). Government has reserved certain critical sectors for approval route e.g. banking, civil aviation, atomic energy, defence industries etc

Some important roles played by MNCs in India are as follows

o       Transfer of Technology The most important role that MNCs play in India and across the globe is the transfer of technology. Transfer of state of the art technology to developing countries increases the quality and productivity of the output produced. India has not just received the technology from the MNCs, but has also been the beneficiary of technical know-how which has in turn resulted in the skill enhancement of the workforce. 
o        Capital Investment When MNCs come to India, they are responsible for non-debt creating capital inflows. In the pre-1991 period, the MNCs did not play much role in the Indian economy. The country relied on external commercial borrowing for development of sectors of economy. A whopping balance of payment crisis was created through this unsustainable model. Post the 1991 economic reforms, MNCs contributed towards creating a positive balance of payment. Therefore, when MNCs invest in India it goes into non-debt creating capital receipts. Morever, they contribute towards increasing the GDP of India. 
o       The Multiplier Effect MNCs contribute towards increasing income and increasing employment opportunities. The higher wages that, MNCs like Hindustan Unilever, Goldman Sachs, Toyota, Google etc pay to management and engineering graduates have contributed in increasing the per capita income of India. The Maruti-Suzuki and Hero-Honda collaborations have also contributed towards increasing employment. 
o        Increase in Exports MNCs have greatly contributed towards increasing our exports. As India offers cheap labour and land, it is both economic and profitable for MNCs to invest in India. When the MNCs export their goods to other nations, it benefits us directly. 
o        Managerial Practices MNCs have also brought best managerial practices to India. The human resource management, financial controls, operation and advertising strategies have been emulated by Indian companies to their advantage. 
o        Increase in Competition Entry of MNCs promotes competition in the economy of the host country. This increase in competition results in lowering of prices, which is beneficial to the end user e.g. entry of electronic giants like LG, Sony, Samsung in the Indian market has promoted competition in the electronic segment and led to a decrease in prices of electronic items. 
o       Infrastructural Investment MNCs have also invested in the field of infrastructure. This investments have contributed towards our economic growth and development. Power projects (General Electric), Telecommunication (Vodafone, Telinor), Delhi-Mumbai Industrial Corridor (Japan), have been of immense benefit to India for expanding our horizons.

The impact of MNCs on the development of a country is highly uneven. In some ways the impact of MNCs in India has been positive. They have brought in new technology and products, so the consumers have wide choice and awareness of international standards. They have indirectly made Indian companies more efficient as they brought in competition. But the e) negative aspects of their entry into our country are serious. In many situations these enterprises widen the already high income gap between the cf; rich and the poor. They tend to promote the interests of the small number of well-paid modern sector workers and this leads to the widening of wage r-1 LC) differentials in the country. As they are mostly located in urban areas, the - MNCs worsen the already existing imbalance between the rural and urban illor areas as well as contribute to accelerated rural-urban migration. They divert resources away from much-needed food production to the manufacture of sophisticated products catering to the demands of the local elite. These products stimulate inappropriate consumption patterns through advertisement and their monopolistic market power, using inappropriate (capital intensive) technology. Such capital intensive technology leads to negligible or even reduces, job creation.

Although MNCs improve the foreign exchange position of a country, their long-term impact may be to reduce foreign exchange earnings of both current and capital accounts. The current account may deteriorate due to large-scale import of intermediate goods and capital account may worsen because of repatriation of profits, interest, royalties, management fees, etc. Indeed, the RBI has said that the average rate of profit of MNCs is something between 20 per cent and 25 per cent, which is a substantial amount sent out of the country.

While the MNCs contribute to the public revenue in the form of corporate taxes, their contribution is less than it should be as a result of liberal tax concessions, excessive investment allowances, disguised subsides and tariff protection by the local government which often offset the gains made from tax revenue. MNCs may damage the economies of the underdeveloped countries because their superior knowledge, worldwide contacts and advertising skill inhibit the emergence of small-scale local enterprises. Because of their huge resources.

Though many MNC initially promise to transfer technology to the host country, they seldom do so. Even if they do, they transfer, not the latest sophisticated technology, but obsolete technology. The growth of MNCs in India have major factors associated to it. The 1991 LPG reforms' was the most important reason. Some other facilitating reasons are: market availability, cheap land and labour.

Therefore, multinational corporations have been a harbinger of growth and development of the economy of India. 'Make in India' programme will further give a fillip to MNCs. Opening sectors of defence, insurance of higher investment will diversify our economy and choice of products. However, government should be vigilant against MNCs predatory attitudes. It can be therefore said that, "You can't live with them or without them."

Difficult Words with Meanings : 

o             Lobby a group of people who try to influence politicians on a particular issue
o             Tentacles the influence that a large organisation has and that is hard to avoid
o             Whooping very big
o             Emulated copied
o             Monopolistic exclusive possession or control
o             Deteriorate to grow  worse. degenerate
o             Repatriation the act of returning to the country of origin
o             Harbinger a sign that shows that something is going to happen soon
o             Fillip something that causes a sudden improvement
o             Predatory using weaker people for your own financial advantage. 
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Wednesday 12 April 2017

The Hindu EDITORIAL :- Kulbushan Jadhav death sentence (कुलभूषण जाधव की मौत की सजा ): Risky, ill-considered





The Hindu Editorial

Kulbushan Jadhav death sentence (कुलभूषण जाधव की मौत की सजा ): Risky, ill-considered

Pakistan’s announcement घोषणा on Kulbhushan Jadhav threatens धमकी to escalate बढ़ाना bilateral द्विपक्षीय tensions तनाव

Pakistan’s sudden announcement on Monday that former Indian naval officer Kulbhushan Jadhav has been sentenced to death मौत की सजा  by a Field General Court Martial is a development fraught व्याकुल with danger. It could lead to a rapid escalation in bilateral tensions that the region can ill afford. The trial, sentencing सजा, and its confirmation पुष्टि by the Pakistan Army chief, General Qamar Javed Bajwa, were carried out so secretly ( गुप्त रूप से ) that the news took many in Pakistan as well by surprise हैरान. There are glaring चमकीला holes in the procedures प्रक्रियाएं followed by Pakistan’s government and military in the investigation जाँच पड़ताल and trial of Mr. Jadhav. His recorded confession इकबालिया बयान that was broadcast at a press conference within weeks of his arrest in March 2016 appeared to have been spliced. At various points in the tape, and in the transcript प्रतिलिपी of the confession made available, Mr. Jadhav contradicts खंडन करना his own statements, बयान suggesting that he had been tutored पढ़ा हुआ . Even if the confession was admissible स्वीकार्य in a court of law, little by way of corroborative evidence दृढ़ साक्ष्य has been offered by Pakistan to back up the claim that Mr. Jadhav, who was allegedly कथित तौर पर arrested in Balochistan last year, had been plotting operations against the China-Pakistan Economic Corridor. Foreign Minister Sushma Swaraj’s statement in Parliament detailing 13 requests by the government for consular दूतावास सम्बन्धी access, and replies from the Pakistan government that made the access conditional on India cooperating in the investigation, further casts the procedures followed in a rather poor light.  International human rights  agencies too have criticised आलोचना them. Mr. Jadhav must be allowed a retrial, preferably अधिमानता in a civil court and with recourse to appeal.
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Monday 10 April 2017

Bank Of Baroda Probationary Officer (PGCBF) 2017 Apply Link 



Bank Of Baroda Probationary Officer (PGCBF) 2017 Apply Link 

Dear Readers, Bank of Baroda will be invites the applications from the young , energetic and innovative minds graduates for admissions in Manipal School of Banking  for the post of Probationary Officer in Junior Management Grade/Scale-I. Candidates can check the Official Notification given below.





Important Dates:

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Dates
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01.04.2017 – 01.05.2017
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12.05.2017
Date of Examination (Tentative)
27.05.2017

NIACL Assistant Prelims Exam 2017 - Call Letters Out



NIACL Assistant Prelims Exam 2017 - Call Letters Out:
Dear readers, The New India Assurance Company Ltd.  has released the call letter for Phase I (Prelims) for the post of Assistance in class III no. of vacancies 948. Candidates those who are applied this examination can download their call letter in below Link.

The Hindu EDITORIAL :- US missile attack on Syria: A reckless intervention (सीरिया पर मिसाइल हमला: एक लापरवाह हस्तक्षेप) - APRIL 10, 2017





The Hindu Editorial
The American air strikes (हवाई हमला) on Syria raise questions of legality (वैद्यता) and purpose (उद्देश्य)

The U.S. missile attack on a Syrian airbase, which President Donald Trump ordered after civilians in the rebel (विद्रोह)-held Idlib province (प्रांत) were hit with chemical weapons (रसायनिक हथियार) causing the deaths of at least 80 people, marks a departure in American policy towards the war-ravaged country.(युद्ध-तबाह देश) Though President Barack Obama had repeatedly said Syrian President Bashar al-Assad should go, he resisted calls for military action in this regard, primarily for two reasons: he wanted the U.S. to stay focussed (ध्यान केंद्रित किये रहना) on the campaign against the Islamic State in Iraq and Syria, and was wary of dragging (खींचे) the U.S. into a direct confrontation (सामना) with Russia, which is backing the regime (शासन पद्धत्ति). Even Mr. Trump’s Secretary of State, Rex Tillerson, had said that Mr. Assad’s future was up to the Syrians. But then came the chemical attack on Khan Shaykhun, leading Mr. Trump to launch Tomahawk cruise missiles on the al-Shayrat airbase in Homs. On the face of it, it appears to be a bold move intended to take Mr. Assad to task for his actions. But in truth, the Trump administration has risked escalating the Syrian crisis to far more (बढ़ते हुए जोखिम में डाल दिया) dangerous levels. Once the brouhaha (हो हल्ला) over the attack settles, Mr. Trump will face the question of what he really achieved from the missile strike. Did it establish any deterrence (शक्ति संतुलन) in Syria? Will it help in the long run to mitigate (कम करना) the suffering of the Syrians or bring the civil war to an end?

The strike also raises questions about its legality (वैधता). The UN Charter clearly states that any attack on another country needs Security Council approval (अनुमति) unless it is an act in self-defence. On the ground, the U.S. action seems to have cemented (पुख्ता हुआ) the alliance between Moscow and Damascus further, with the former sending a warship to the Mediterranean (भूमध्यसागरीय) and threatening (धमकी भरा) to halt a “deconfliction” (बिना कोई विरोधाभास) channel, a hot line between the Russian and U.S. defence ministries to avoid direct confrontation (सामना) in Syria. Mr. Trump could have waited for the UN to complete its probe (जांच) into the chemical attack in Khan Shaykhun before initiating (शुरुआत}) military action, while simultaneously (एक साथ) working to build a consensus (आम सहमति) on Syria at the UN Security Council. The U.S. and other countries could also have put more pressure on Moscow to rein in Mr. Assad, and offered support to the peace process backed by Russia and Turkey. If the last six years of the deadly civil war in Syria offer a concrete lesson (कठोर सबक), it is that there are no quick fixes (जल्द सुधार) to this crisis that has political, sectarian (सांप्रदायिक) and geopolitical (भू राजनीतिक) dimensions (विस्तार). Removing Mr. Assad forcibly (जबरन )may sound purposeful,(उद्देश्यपूर्ण) but it risks (जोखिम) a direct confrontation (टकराव) between the U.S. and Russia and could result in the deaths and displacement (विस्थापन) of many more Syrian, striggering another  wave of refugees (शरणार्थी). The primary focus of the international community (समुदाय) should be on ending this war, not on lighting new fires.(नई आग लगाना)
DESCRIPTIVE - Essay FOR SBI PO 2017 






Essay - Environmental Pollution

Overview
o             Define environmental pollution. 
o             Effects of environmental pollution on humans and animals. 
o             Air pollution and its prevention and control. 
o             Noise pollution and the steps to minimise it. 
o             Water pollution and some measures to control it. 
o             Radioactive pollution and number of ways to control it. 
o             Initiatives taken by the government to control pollution.

One of the biggest menace to the human race on this planet today is the environment pollution. It is increasing with every passing year. It is an issue that troubles us economically, physically and socially. The contamination of the environment is also being linked to some of the fatal diseases. The environmental problem that is worsening with each day needs to be addressed so that its harmful effects on humans as well as the planet can be rectified.


The effects of environmental pollution on humans are mainly physical, but can also turn into neuro-affections in the long term. The best-known troubles are respiratory, in the form of allergies, asthma, irritation of the eyes and nasal passages or other forms of respiratory infections. Environmental pollution also affects animals by causing harm to their living environment, making it toxic for them to live in. Acid rains can change the composition of rivers and seas, making them toxic for fishes, an important quantity of ozone in the lower parts of the atmosphere can cause lung problems to all animals.




In short, environmental pollution, almost exclusively created by human activities, has a negative effect on the ecosystem, destroying crucial layers of it and causing an even more negative effect on the upper layers. Problems like ozone depletion, global warming, greenhouse effect, melting of glaciers etc have arisen due to pollution. Environmental pollution consists of five basic types of pollution namely; Air, Noise, Water, Soil and Radioactive Pollution etc.  



Air Pollution

Air pollution is a gas (or a liquid or solid dispersed through-ordinary air) released in a big enough quantity to harm the health of people or other animals, kill plants or stop them to growing properly. Air pollution may be defined as the presence of any solid, liquid or gaseous substance including noise and radioactive radiation in the atmosphere in such concentration that may be directly and indirectly injurious to humans or other living organisms, plants, property or interferes with the normal environmental processes. Air pollution is a result of industrial and certain domestic activity. An ever increasing use of fossil fuels in power plants, industries, transportation, mining, construction of buildings etc; had led to air pollution. Some major diseases caused by air pollution are bronchitis, asthma, lung cancer, tuberculosis and pneumonia.


Prevention and control measures of air pollution are
o        Better designed equipment and smokeless fuels should be used in homes and industries
o   Renewable and non-polluting sources of energy like solar energy, wind energy, etc should be used
o       Tall chimneys should be installed in factories
o        More trees should be planted along roadsides and houses. 

Noise Pollution

Noise is one of the most pervasive pollutant. Noise by definition is, 'Sound without value' or 'Any noise that is unwanted by the recipient'. Noise in industries such as stone cutting and crusing, steel forgings, loudspeakers, shouting by hawkers selling their wares, movement of heavy transport vehicles, railways and airports leads to irritation and an increased blood pressure, loss of temper, decrease in work efficiency, loss of hearing which may be first temporary but can become permanent in the noise stress continues. Noise level is measured in terms of decibels (dB). 
Noise pollution is a growing problem. All human activities contribute to noise pollution to varying extent. Sources of noise pollution are many and may be located indoors or outdoors. Indoor sources include noise produced by radio, television, generators, electric fans, air coolers, air conditioners, different home appliances and family conflicts. 
Outdoor sources of noise pollution include indiscriminate use of loudspeakers, industrial activities, automobiles, rail traffic, aeroplanes and activities such as those at market place, religious, social, and cultural functions, sports and political rallies. Noise pollution is highly annoying and irritating. Noise disturbs sleep, causes hypertensions (high blood pressure), emotional problems such as aggression, mental depression and annoyance. Noise pollution adversely affects efficiency and performance of individuals. 

Following steps can be taken to control or minimise noise pollution 
o  Road traffic noise can be reduced by better designing and proper maintenance of vehicles. 
o  Industrial noises can be reduced by sound proofing equipment like generators and areas producing lot of noise.
o   Power tools, very loud music and land movers, public functions using loudspeakers, etc should not be permitted at night
o        Use of horns, alarms, refrigeration units, etc is to be restricted. Use of fire crackers which are noisy and cause air pollution should be restricted.
o       A green belt of trees is an efficient noise absorber.
o   A loud speaker or a public address system shall not be used at night (between 10:00 p.m. to 6:00 a.m.) except in closed premises for communication within e.g. auditoriums, conference rooms, community halls and banquet halls. 
o        A person may, if the noise level exceeds the ambient noise standards by 10 dB(A) or more given in the corresponding columns against any area/zone, make a complain to the authority. 

Water Pollution

Water pollution is one of the most serious environmental problems. Water pollution is caused by a variety of human activities such as industrial, agricultural and domestic. Agricultural run off laden with excess fertilizers and pesticides, industrial effluents with toxic substances and sewage water with human and animal wastes pollute our water thoroughly. Natural sources of pollution of water are soil erosion, leaching of minerals from rocks and decaying of organic matter. 
Water pollution is the major source of water born diseases and other health problems. Sediments brought by runoff water from agricultural fields and discharge of untreated or partially treated sewage and industrial effluents, disposal of fly ash or solid waste into or close to a water body cause severe problems of water pollution. Increased turbidity of water because of sediments reduces penetration of light in water that reduces photosynthesis by aquatic plants. 
The following measures can be adopted to control water pollution 
o   The water requirement should be minimised by altering the techniques involved.
o        Water should be reused with or without treatment. 
o     Recycling of water after treatment should be practiced to the maximum extent possible. 
o       The quantity of waste water discharge should be minimised.

Soil Pollution

The next source of environmental pollution is soil. It is caused by the presence of man-made chemicals and other alteration in the natural soil. This type of contamination typically arises from percolation of contaminated surface water to subsurface strata, oil and fuel dumping, direct discharge of industrial wastes to the soil, leaching of wastes from landfills etc. The most common chemicals involved in soil pollution are petroleum hydrocarbons, solvents, pesticides, lead and other heavy metals. Soil pollution is a very dangerous aspect of environment since it affects the fertility and food production of the area and country. 
It is a serious concern which can be called for improvement by appropriate and moderate use of healthy pesticides to increase the fertility and quality of soil and thus, reducing the harm. To control soil pollution, it is essential to stop the use of plastic bags. Sewage should be treated properly before using as fertilizer and as landfills. Biomedical waste prior to disposal should be properly treated for removing hazardous materials. Biomedical waste should be separately collected and incinerated in proper incinerators. 

Radioactive Pollution

The radioactive pollution is defined as the physical pollution of air, water and the other radioactive materials. The ability of certain materials to emit the proton, gamma rays and electrons by their nuclei is known as the radioactive. The protons are known as the alpha particle and the electrons are also known as the beta particle. Those materials are known as the radioactive elements. The environmental radiations can be from different sources and can be natural or man-made. 
The natural radiations are also known as the background radiations. In this, the cosmic rays are involved and reach the surface of Earth from space. It includes the radioactive elements like radium., uranium, thorium, radon, potassium and carbon. These occur in the rock, soil and water. The man-made radiations include the mining and refining of plutonium and thorium. This production and explosion of nuclear weapons include the nuclear fuels, power plants and radioactive isotopes. 
Low levels of radiation exposure on a small portion of the body may just affect the cell membranes and cause mild skin irritation. Other immediate effects of short span exposure of nuclear radiation are nausea, vomiting, diarrhoea, loss of hair and nails, bruises owing to subcutaneous bleeding etc. High radiation exposures have much acute toxicity and can quickly kill the victim. The victim declines in vitality and dies from anaemia, infection and haemorrhage. 
Radioactive pollution can be controlled by number of ways. It includes the stoppage of leakage from the radioactive materials including the nuclear reactors, industries and laboratories. The power plants must follow the safe instructions. The protective garments must be worn by the workers who work in the nuclear plants. 

Governmental Initiatives to Control Pollution

The Government of India has been a keen observer of the effects on the environment and has been in the forefront to help and protect it. The Ministry of Environment and Forests has been actively involved in monitoring and formulating ways to preserve Indians natural beauty and maintain a healthy ecological balance. From the promotion of organic farming to the implementation of stringent industrial waste treatment rules, the government has provided facilities and policies to protect our nature. 
Many initiatives have been taken by Government at international and national level both to combat environmental pollution. The UN Conference on Human Environment (UNEP) was convened to study the profound changes in the relationship between man and his environments in the wake of modern scientific and technological development. 


In last few years, the Indian Government has taken various measures in response to the United Nations Framework Convention on Climate Change (UNFCCC). 'National Action Plan on climate Change' and low Carbon Strategies for Inclusive Growth' have been initiated.



The World Health Organisation also set-up an international network for the monitoring and study of air pollution on a global scale and for devising possible remedies. India has been working on the issue of its Greenhouse Gas (GHG) emissions for several years now. The estimated average, per capita GHG emissions of India in 2020 are expected to be well below those of the developed countries.



Never the less, India is acutely conscious of the need to address the issue of climate change and hence, the Indian Government has a robust National Action Plan on Climate Change (NAPCC) in place which is a mix of both mitigation and adaptation measures.



India has under taken several initiatives to combat climate change under the areas of Science and Research, Policy Development, Policy Implementation, International Co-operation and Forestry. The Central Pollution Control Board (CPCB) has taken several positive steps to minimise pollution of the environment. The Government of India has passed some important Environmental Laws, viz., Water (Prevention and Control of Pollution) Act, 1974 and Air (Prevention and Control of Pollution) Act, 1981.



The present Government of India took six crucial eco-friendly steps to control environmental pollution. These steps included `Swachh Bharat Abhiyan', 'Clean Ganga Mission', 'National Air Quality Index (NAQI)', `Toilets before Temples', 'Mount Everest Ascent', i.e., Mount Everest Cleaning drive, 'Water Conservation' etc.



The past decade has witnessed a remarkable shift in government policy from emphasis on pollution control to pollution prevention in order to tackle the environmental problem posed by the industry. Concerted efforts have been made by the government in this direction.



Now, the responsibility lies with the industry, equipment manufacturers, academic and consultancy organisations, national and international organisations etc., to work in line with the Government's policy to create a healthy and competitive atmosphere for sustainable industrial development in the counter. 



Difficult Words with Meanings :

o        Contamination make (something) impure by exposure to or addition of a poisonous or polluting substance
o        Respiratory relating to breathing
o        Pervasive spreading widely throughout an area or a group of people
o       Turbidity cloudy or muddy; not clear
o   Percolation the slow movement of water through the pores in soil or permeable rock
o        Strata a level of people or population with reference to social position etc
o  Incinerated destroy by burning; 8. Subcutaneous situated or applied under the skin
o     Devising plan or invent (a complex procedure, system) by careful thought

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