...Note: Attempt Any Four Case Studies Case I THE STRATEGIC ASPIRATIONS OF THE RESERVE BANK OF INDIA The Reserve Bank of India (RBI) is India's central bank or 'the bank of the bankers'. It was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the RBI, initially set up at Kolkata, is at Mumbai. The RBI is fully owned by the Government of India. The history of the RBI is closely aligned with the economic and financial history of India. Most central banks around the world were established around the beginning of the twentieth century. The Bank was established on the basis of the Hilton Young Commission. It began its operations by taking over from the Government the functions so far being performed by the Controller of Currency and from the Imperial Bank of India, the management of Government accounts and public debt. After independence, RBI gradually strengthened its institution-building capabilities and evolved in terms of functions from central banking to that of development. There have been several attempts at reorganisation, restructuring and creation of specialised institutions to cater to emerging needs. The Preamble of the RBI describes its basic functions like this: '...to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.' The vision states...
Words: 6979 - Pages: 28
...PLOT SUMMARY : THE RAILWAY CHILDREN CHAPTER 1: THE BEGINNING OF THINGS One night at their home in London, father, mother, Roberta(also known as Bobbie), Peter and Phyllis are talking about Peter’s broken model engine when there is a knock on the front door. Two gentlemen come to see father and talk for a long time. Father speaks briefly with mother and mysteriously leaves home. The next morning, mother leaves for London and returns in the evening, looking tired. She requests the children to be good while she is away and not to ask any question about father. Several horrid weeks pass by and one morning, mother tells the children that they are moving to a little white house near railway line in the country. They take the train and arrive at their new home in the dark. CHAPTER 2: PETER AND THE COAL The family do not get a decent supper as they think Mrs. Viney has not prepared it for them. Mother prepares what she can and off they go to bed. The next morning, the children wake up feeling excited in their new home. They discover that a nearby field backs onto a railway line but the railway station is too far to see from where they are. Before supper the children decides to go to the railway station. They have a lot to see and a large heap of coal catches Peter’s attention. When Peter steals coal from the station yard, he is caught by the Station Master. Peter thinks that taking some coals from the middle of the heap is harmless. The Station Master warns them that what they...
Words: 1134 - Pages: 5
...Ethics & Credibility in Business Communications: WMATA Rail System Gwenda Woodland COM/295 August 10, 2015 Sandra Norris Ethics & Credibility in Business Communications: WMATA Rail System The Washington Metropolitan Area Transit Authority (“WMATA”) has been plagued with various problems within its system and on the Metro rails lately. These issues are causing Metro riders much grief and they do not feel safe or find the Metro to be dependable at this time. The problems that the Metro rail has been experiencing are rails smoking due to electrical arcing, derailment of trains, and the constant malfunction of the Metro escalators. Metro riders are concerned that whenever there are serious issues taking place in the Metro system WMATA does not have things under control, or notify the riders in a timely manner so that things do not get out of control. Electrical Arcing Accident On January 12, 2015, there was an electrical arcing accident at the L’Enfant Plaza Metro station which caused the station and two trains to fill with smoke. Panic was definitely in the air because the Metro riders were not notified immediately of an emergency evacuation plan or how quickly the situation was going to be resolved. Unfortunately, there was one passenger fatality and two passengers were hospitalized in serious condition. (National Transportation Safety Board, 2015) Train Derailment On August 5, 2015, a derailment of a non-passenger train at the Smithsonian Metro...
Words: 632 - Pages: 3
...INDIA The Railtel Corporation of India was established in September 2000 as a public sector undertaking (PSU) and a 100 per cent subsidiary under the Ministry of Railways. It has been set up primarily to commercially utilize IR’s communication assets, which often have idle capacity. Vision: is to become the preferred telecom solutions and services provider for knowledge economy. Mission: To attain leadership in providing premier telecom infrastructure service by offering the cost-effective state of the art communication solutions. 5.1 Objectives RailTel To facilitate Railways in expeditious modernizing of their operation and safety systems and network providing by state of art communication infrastructure. To plan, build, develop, operate and maintain a nationwide broadband telecom and multimedia network to supplement national telecom infrastructure to spur growth of telecom, broadband and IT enabled value added services in all parts of country specially rural, remote and backward areas. To generate revenue through commercial exploitation of its telecom network. Investments/Developments Foreign direct investment (FDI) inflows into railway related components from April 2000 to September 2015 were US$ 652.2 million. Following are some of the major investments and developments in India’s railways sector: * Japan has offered to provide loan at less than one per cent interest rate for India’s first bullet train between Mumbai and Ahmedabad costing US$ 15...
Words: 3377 - Pages: 14
...Indian Railways – A monopoly Abstract In economics, monopoly (from Greek monos (alone or single) + polein (to sell)) exists when delivery of a particular product or service is completely controlled by an individual or an enterprise. This is in contrast to monopsony where there is only one buyer of a particular product or service; however there can be more than one provider. It is also different from cartel (a form of oligopoly) wherein several providers establish an institution and coordinate their actions and services. Indian Railways is the state-owned railway company of India having more than 64000 Kilometers of track and 6909 stations. It has the world’s 4th largest railway network after that of United States, Russia and China. It carries over 20 million passengers and 2 million tons of freight daily. It is one of the world’s largest commercial employers with more than 1.6 million employees. It owns over 200000 freight wagons, 50000 coaches and 8000 locomotives. Indian railways hold monopoly in rail transport in India. Source of their market power can be attributed to following factors 1. Capital Intensive venture, which can be understood from the fact that Indian railways has a separate budget each year 2. Economies of scale, as Indian railways operate all over India and thus have sufficient operating domain to achieve economies of scale which a new entrant cannot easily replicate 3. Government rules and regulations Indian railways has a position, which is...
Words: 2167 - Pages: 9
...Teacher’s Guide - Activity P03: Acceleration on an Incline (Acceleration Sensor) |Concept |DataStudio |ScienceWorkshop (Mac) |ScienceWorkshop (Win) | |Linear motion |P03 Acceleration.ds |(See end of activity) |(See end of activity) | |Equipment Needed |Qty |Equipment Needed |Qty | |Acceleration Sensor (CI-6558) |1 |Dynamics Cart (inc. w/ Track) |1 | |Angle Indicator (inc. w/ Track) |1 |Meter stick |1 | |Base and Support Rod (ME-9355) |1 |1.2 m Track System (ME-9429A) |1 | What Do You Think? When a sled accelerates down a snow-covered hill, on what does its acceleration depend? You may want to consider the height of the hill, the slope of the hill and the mass of the sled. How does its acceleration depend on the variable(s) you selected? Take time to answer the ‘What Do You Think?’ question(s) in the Lab Report section. Background A cart on an incline will roll down the incline as it is pulled by gravity. The direction of the acceleration due to gravity is straight down as shown in the diagram. The component...
Words: 1981 - Pages: 8
... and Railways play a key role in not only meeting the transport needs of the country, but also in binding together dispersed areas and promoting national integration. Indian Railways have emerged as the sinews of the Indian economy, and have reached out to bring together the great Indian family. Indian railway is a Central Government owned Railway Company of India, which owns and operates most of the country’s rail transport. Indian Railways has more than 64,215 kms of the track and 7,083 stations. It has the World’s fourth world’s largest network after those of the US, Russia and China. It carries 30 million passengers & .2.8 million tons of freight daily. Indian Railways, therefore, rightly occupy pride of place in the growth and development of the nation. Apart from normal trains connecting almost all part of the country, the Indian Railways also runs special luxury trains like the Palace on Wheels, Rajdhani Express, Shatabdi Express, Fairy Queen, etc. STATEMENT OF PROBLEM Railways play a crucial role in the modern economy. This project is done to identify and analyze the level of satisfaction of the consumers and their problems faced in the railways. It is one among the high preferable means of transport by the people of India. But there are various problems faced by them in different aspects in journey. OBJECTIVES To know the consumers awareness about the services provided by the railways. To study the consumer preferences towards railways. To...
Words: 5749 - Pages: 23
...India should privatise railways for better efficiency India’s booming economy which is considered one of the fastest growing in the world demands better performance in transportation, especially when it comes to the case of gigantic sloth of Indian Railways (IR)! The behemoth public sector enterprise runs more than 18,000 trains daily and is comfortably one of the biggest rail networks in the world. However, it is yet to economise on the concept of modernisation and automation. In order to make the system more efficient, most of the nations across the world have privatised their mass transportation system. Undoubtedly, a better experience of travelling and transport can only be achieved by private participation and eventually it will also enhance the bottomline that has been looming at $48 billion as of 2009. IR currently suffers from dearth of resources. Sadly, the infrastructure and manufacturing capacity available to IR is never enough to meet the increasing demand of locomotives and wagons! Nor does India stand a chance to meet the international safety standards, efficiencies and finesse of the railway services of Europe and North America! The service efficiency post-privatisation in aviation sector should be replicated by IR for better management. The main chasm between the promise and the delivery is created by the monopoly of IR. Undeniably, competition in Europe has enhanced railway services there in abound. In India, it is astonishing to note that even manufacturing...
Words: 556 - Pages: 3
...1. (often foll by: for, to, towards, or an infinitive) a particular disposition, esp a liking or preference; tendency: I've no inclination for such dull work. 2. the degree of deviation from a particular plane, esp a horizontal or vertical plane 3. a sloping or slanting surface; incline 4. the act of inclining or the state of being inclined 5. the act of bowing or nodding the head 6. (Mathematics) maths a. the angle between a line on a graph and the positive limb of the x-axis b. the smaller dihedral angle between one plane and another 7. (Astronomy) astronomy the angle between the plane of the orbit of a planet or comet and another plane, usually that of the ecliptic 8. (General Physics) physics another name for dip28 ˌincliˈnational adj Collins English Dictionary – Complete and Unabridged © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003 in•cli•na•tion (ˌɪn kləˈneɪ ʃən) n. 1. a special disposition of the mind or temperament; a liking or preference: a great inclination for sports. 2. something to which one is inclined. 3. the act of inclining or state of being inclined. 4. a tendency toward a certain condition, action, etc. 5. deviation or amount of deviation from a normal, esp. horizontal or vertical, direction or position. 6. an inclined surface. 7. a. the angle between two lines or two planes. b. the angle formed by the x-axis and a given line. [1350–1400; Middle English < Latin]1. (often foll by: for, to, towards, or an infinitive) a particular...
Words: 4637 - Pages: 19
...Immigrants at Central Station, 1951 The first poem in Peter Skrzynecki’s Immigrant Chronicle is set in Sydney’s main railway station. As it is dated “1951” it is some years after the arrival of the Skrzyneckis here in Australia and also provides us with the context of the poem. The first lines of the poem, “It was sad to hear the train’s whistle this morning...” induces sadness whereas it usually induces joy. This tell us that the Skrzyneckis were sad almost certainly due to the fact that they were about to travel into the unknown. The imagery in the first stanza is a depressing one, “All night it had rained.” The poems tone here is mournful. As the poem goes on it says, “But we ate it all...” This is used metaphorically for positiveness. No matter how gloomy, they enjoy it. In the first line of the second stanza it says “Time waited anxiously with us...” The technique of personification is used to emphasise that the immigrants waited although they did not exactly know what they waited for. “And spaced hemmed us...” depicts the crowded station on that fateful night. Skrzynecki and his family are crowded together, “Like cattle bought for slaughter.” This is a very strong simile in which Skrzynecki is illustrating the appalling and crowded conditions in which the immigrants are experiencing. In the second stanza, it says that the immigrants stood with their families, “Watching pigeons that watched them.” This portrays an image that the immigrants are fascinated by the native...
Words: 441 - Pages: 2
...------------------------------------------------- No Angel Summary “No Angel” is a novel written by Bernie McGill, and takes place in contemporary Northern Ireland. The story is about a woman named Annie, who has lost her mom, dad and brother. Thru the story she keeps seeing and hearing her dad, and we hear about her and how her family died. In the end Annie sees her whole family gathered together. Characterization We are dealing with 5 characters in the story. The main character is Annie, who we don’t know much facts or details about. We know that she is an iris woman who has lost her family. We are told that Annie’s seventeen years old brother Robbie was beaten to death – “The coroner said he thought a car had hit him: after the beating, he said, when he had been left on the road” Their mother are in a lot of grief, because of her sons dead, and six months after the murder she all of a sudden dies – “Mum lasted six months of barely speaking, food hardly passing her lips. She dropped like a stone one day in the kitchen; never spoke again”.After that it was just Annie and her dad for twenty years, until his lungs gave away, and he died too. Annie has a boyfriend named Thomas. After the meetings and jibes from her father about Thomas, it downs on her, that her and Thomas aren’t going to last. –“We didn’t last. I think it was Thomas’s confidence I fell for”. This is one of the things that show Annie needs some kind of guidance in her life, and as soon as she discover Thomas...
Words: 920 - Pages: 4
...The International Journal Of Engineering And Science (IJES) ||Volume|| 2 ||Issue|| 11 ||Pages|| 25-27 ||2013|| ISSN (e): 2319 – 1813 ISSN (p): 2319 – 1805 Electricity Generation from Speed Breakers 1 1, 2, 3 Aniket Mishra, 2Pratik Kale, 3Atul Kamble Department of Mechanical Engineering, Bharati Vidyapeeth college of engineering ---------------------------------------------------------ABSTRACT----------------------------------------------------------Energy is the primary need for survival of all organisms in the universe. Everything what happens in the surrounding is the expression of flow of energy in one of the forms. But in this fast moving world, population is increasing day by day and the conventional energy sources are lessening. The extensive usage of energy has resulted in an energy crisis over the few years. Therefore to overcome this problem we need to implement the techniques of optimal utilization of conventional sources for conservation of energy. My paper includes how to utilize the energy which is wasted when the vehicles passes over a speed breaker. Lots of energy is generated when vehicle passes over it. We can tap the energy generated and produce power by using the speed breaker as power generating unit. The kinetic energy of the moving vehicles can be converted into mechanical energy of the shaft through rack and pinion mechanism. Then, this mechanical energy will be converted to electrical energy using generator which will be saved...
Words: 1496 - Pages: 6
...W. Awdry is the author of the stories. They were first made to entertain his sick son Christopher Awdry when he was a child. Soon, with persuasion from his wife, Rev. W. Awdry has the stories published as “The Railway Series” around the time of World War II. The books were a hit and sold millions of copies. One day a business woman named Britt Allcroft came to see Rev. Awdry. She stated that she loved the books so much that she wants to make a television show using the stories and characters he has made. Thus, Thomas The Tank Engine & Friends was brought to the world of television in 1984. I never grew up with the original stories; I grew up with the television show and the books based off stories from the television show. However, I was drawn to the show because of how real Thomas looked. Thomas was a live-action show used with model trains that were based off of the trains that Rev. Awdry had seen with his son Christopher. When Rev. Awdry designed...
Words: 1035 - Pages: 5
...English Essay “How to be Good” is written by Nick Hornby in 2001, and they store is about an average family. One day the narrator, whose name is Katie, is in a dilemma. Her husband David has given their son’s computer away to the women’s refuge: without consulting her or their two kids. David thought it was greedy to have two computers in the house when those women and their children didn’t even have one. This action of David’s has, inevitable, made the children upset, because they now have to share one computer, instead of having their own. Katie ends the argument with the following statement ‘’you can’t blackmail your own children like that’’ In the end all parts calm down, and David manages to see that he has made a mistake and he apologizes. But there is still something that bugs Kate. A part of Katie wants the computer back, because it was a Christmas present to her son and they worked really hard to buy it, but another part of her knows that her husband only did a good deed with good intentions. She is also doing something for the greater good by helping those women and letting them keep Tom’s computer. This is concluded from the following quotation; “I don’t know what to say (…) What is there for me to be angry about?” (pp. 1, lines 31-33). Here she asks herself how she can be angry, when David just did a decent thing. This is the first part where you can see she is in a bit of dilemma. Katie is in conflict with herself because she does not know what to do and...
Words: 759 - Pages: 4
...PHOENIX ADVERISING Interoffice Memorandum Date: March 20, 2013 To: Executive Team From: Subject: Employee Morale It has come to my attention that several of our clients are not happy with the advertising work being produced. The work that comes from Roanoke Virginia branch is affecting the Phoenix branch in a negative way. We are losing key personnel which have been with the company for more than seven years. As a result, the quality of work has declined and our clients are complaining. I have heard that we may lose three of our top graphic designers and four of the copywriters. We need to address this issue as it is costing our company valued employees and revenue. Our employees were hired for their outstanding talent and if that talent is being stifled we need to address this situation. Bob Moore – Please contact the President of ABC Company to find out what the problem is and how we can fix it. Vicky Hill – Please get together with your graphic design team to find out why the quality of work is declining. I would like a full report on my desk by March, 27. I would like to maintain a positive and professional relationship with both our clients and employees. Let’s make this company great again! Copy: Gregory S. Forest – President To: msmith@phoenixadvertising.com cc: bcc: Subject: Payroll Records/Company Policy Dear Marie, It has come to my attention that some of our employees are being required to work long hours...
Words: 314 - Pages: 2
