HighPace
A PLATFORM WHERE YOU WILL BE GETTING EXTRA KNOWLEDGE IN A GLOBAL WORLD ERA
Monday 7 May 2018
Blood pressure is one of the most common conditions in India. It is said that one in every three Indians are suffering from hypertension and heart ailments. High blood pressure is a silent killer; in fact, according to the National Centre For Biotechnology Information (NCBI), blood pressure shows seasonal variation. It is the pressure exerted by the blood against the walls of the arteries. It tends to damage the body's blood vessels, thus causing kidney diseases, heart afflictions and other health problems. Blood pressure should be taken care of, especially during summers as it tends to fluctuate more often. We give you some expert tips on managing blood pressure with healthy blood pressure diet.
Sunday 17 December 2017
Transaction
Process System (TPS)
Definition:- A transaction
process system (TPS) is an information processing system for business
transactions involving the collection, modification and retrieval of all
transaction data. Characteristics of a TPS include performance, reliability and
consistency.
TPS is also known as transaction processing or real-time
processing.
A transaction process system and transaction processing are
often contrasted with a batch process system and batch processing, where many
requests are all executed at one time. The former requires the interaction of a
user, whereas batch processing does not require user involvement. In batch
processing the results of each transaction are not immediately available.
Additionally, there is a delay while the many requests are being organized,
stored and eventually executed. In transaction processing there is no delay and
the results of each transaction are immediately available. During the delay
time for batch processing, errors can occur. Although errors can occur in
transaction processing, they are infrequent and tolerated, but do not warrant
shutting down the entire system.
To achieve performance,
reliability and consistency, data must be readily accessible in a data
warehouse, backup procedures must be in place and the recovery process must be
in place to deal with system failure, human failure, computer viruses, software
applications or natural disasters.
Transaction
processing systems capture and process the detailed information necessary to
update data on the fundamental operations of an organization. Learn about the
characteristics of different types of systems in this lesson.
Transaction
Processing
Consider for a moment all the
events that take place on a daily basis in an organization. Let's take an
electronics store as an example. A single store can easily carry 10,000
different items. Throughout the day, customers come into the store, select a
product and pay for it at the checkout counter. Staff is continuously taking
items from the stock room and placing them on the shelves. When the stock runs
low, new shipments are ordered. Other customers come in to exchange items and
deal with warranty issues.
All of these events are referred to as transactions,
and keeping track of them requires a transaction processing system. A transaction processing system, or TPS, is a system to capture and process the
detailed information necessary to update data on the fundamental operations of
an organization.
A
transaction is essentially a single event that changes something. There are
many different types of transactions. For example, customer orders, receipts,
invoices, payments, etc. The actual processing of transactions includes the
collection, editing, manipulation and storage of data. The result of processing
a transaction is that the records of an organization are updated to reflect the
new conditions at the time of the last processed transaction.
Consider
the example of the electronics store. A customer buys a video game and pays for
it with cash at the register. This event is recorded as a sale transaction.
However, it also triggers other transactions.
First,
the amount of cash at the register has just gone up. Second, the inventory of
the particular video game has gone down by one. These transactions are
logically linked - they occur on the same day at the same time and involve the
same item. Linking the transactions provides improved data consistency since
one cannot exist without the other. The amount of cash in the register cannot
go up unless some transaction makes this happen.
There
are many different types of transaction processing systems, such as payroll,
inventory control, order entry, accounts payable, accounts receivable and
others. Transaction processing produces valuable input into many other systems
in an organization, such as management information systems and decision support
systems. A TPS serves as the foundation for these other systems. A TPS tracks
routine operations but does not provide much support for decision making.
For
example, in the case of a bank account, a TPS keeps track of all the events
associated with a single account: deposits, withdrawals, transfers, fees,
interest paid, etc. This provides a good description of the account activity.
Now
let's say the customer comes into the bank and requests a car loan. The account
activity is useful information but not enough for the bank to make a decision
on the car loan. This requires combining information from different sources and
analyzing the financial profile of the customer.
Thursday 10 November 2016
Monday 2 May 2016
FINANCIAL ADVISE
The Reserve Bank of India (RBI) has rich traditions of publishing data
on various aspects of the Indian Economy through several of its
publications. Through this website (DBIE), data are mainly presented
through time-series formatted reports. These reports have been organized
under sectors and sub-sectors according to their periodicities. Reports
can be saved as excel sheets for further analysis.
RBI
RBI
Foreign Direct Investment
FDI is also described as “investment into the business of a country by a company in another country”. Mostly the investment is into production by either buying a company in the target country or by expanding operations of an existing business in that country”. Such investments can take place for many reasons, including to take advantage of cheaper wages, special investment privileges (e.g. tax exemptions) offered by the country.
Reasons of Seek FDI -
(a) Domestic capital is inadequate for purpose of economic growth.
(b) Foreign capital is usually essential, at least as a temporary measure, during the period when the capital market is in the process of development.
(c) Foreign capital usually brings it with other scarce productive factors like technical know how, business expertise and knowledge.
Major benefits of FDI-
(a) Improves forex position of the country.
(b) Employment generation and increase in production .
(c) Help in capital formation by bringing fresh capital.
(d) Helps in transfer of new technologies, management skills, intellectual property.
(e) Increases competition within the local market and this brings higher efficiencies.
(f) Helps in increasing exports.
(g) Increases tax revenues.
Reasons of FDI is Opposed by Local People or Disadvantages of FDI -
(a) Domestic companies fear that they may lose their ownership to overseas company.
(b) Small enterprises fear that they may not be able to compete with world class large companies and may ultimately be edged out of business.
(c) Large giants of the world try to monopolise and take over the highly profitable sectors.
(d) Such foreign companies invest more in machinery and intellectual property than in wages of the local people.
(e) Government has less control over the functioning of such companies as they usually work as wholly owned subsidiary of an overseas company.
Brief Latest Developments on FDI (all sectors including retail):-
2012 – October: In the second round of economic reforms, the government cleared amendments to raise the FDI cap -
(a) in the insurance sector from 26% to 49%.
(b) in the pension sector it approved a 26 percent FDI.
Now, Indian Parliament will have to give its approval for the final shape,"
2012 - September : The government approved the-
(a) Allowed 51% foreign investment in multi-brand retail.
(b) Relaxed FDI norms for civil aviation and broadcasting sectors. – FDI cap in Broadcasting was raised to 74% from 49%.
(c) Allowed foreign investment in power exchanges.
2011 – December :
(i) The Indian government removed the 51 percent cap on FDI into single-brand retail outlets and thus opened the market fully to foreign investors by permitting 100 percent foreign investment in this area.
Monday 20 May 2013
RATE TYPES
RATE TYPES
- Bank rate- Bank Rate is the rate at which central bank of the country (in India it is RBI) allows finance to commercial banks
- Bank Rate (For Non Bankers) -This is the rate at which central bank (RBI) lends money to other banks or financial institutions.
- CRR (For Non Bankers) -CRR means Cash Reserve Ratio. Banks in India are required to hold a certain proportion of their deposits in the form of cash with Reserve Bank of India (RBI).
- SLR (For Non Bankers) -SLR stands for Statutory Liquidity Ratio. This term is used by bankers and indicates the minimum percentage of deposits that the bank has to maintain in form of gold, cash or other approved securities.
- Repo (Repurchase) rate- Repo (Repurchase) rate is the rate at which the RBI lends shot-term money to the banks against securities
- Reverse Repo rate- Reverse Repo rate is the rate at which banks park their short-term excess liquidity with the RBI.
F.D.I.
FOREIGN DIRECT INVESTMENT
The full form of FDI is Foreign Direct Investment.The FDI means “cross border investment made by a resident in one economy in an enterprise in another economy, with the objective of establishing a lasting interest in the investee economy.
FDI is also described as “investment into the business of a country by a company in another country”. Mostly the investment is into production by either buying a company in the target country or by expanding operations of an existing business in that country”. Such investments can take place for many reasons, including to take advantage of cheaper wages, special investment privileges (e.g. tax exemptions) offered by the country.
Reasons of Seek FDI -
(a) Domestic capital is inadequate for purpose of economic growth.
(b) Foreign capital is usually essential, at least as a temporary measure, during the period when the capital market is in the process of development.
(c) Foreign capital usually brings it with other scarce productive factors like technical know how, business expertise and knowledge.
Major benefits of FDI-
(a) Improves forex position of the country.
(b) Employment generation and increase in production .
(c) Help in capital formation by bringing fresh capital.
(d) Helps in transfer of new technologies, management skills, intellectual property.
(e) Increases competition within the local market and this brings higher efficiencies.
(f) Helps in increasing exports.
(g) Increases tax revenues.
Reasons of FDI is Opposed by Local People or Disadvantages of FDI -
(a) Domestic companies fear that they may lose their ownership to overseas company.
(b) Small enterprises fear that they may not be able to compete with world class large companies and may ultimately be edged out of business.
(c) Large giants of the world try to monopolise and take over the highly profitable sectors.
(d) Such foreign companies invest more in machinery and intellectual property than in wages of the local people.
(e) Government has less control over the functioning of such companies as they usually work as wholly owned subsidiary of an overseas company.
Brief Latest Developments on FDI (all sectors including retail):- 2012 – October: In the second round of economic reforms, the government cleared amendments to raise the FDI cap -
(a) in the insurance sector from 26% to 49%.
(b) in the pension sector it approved a 26 percent FDI.
Now, Indian Parliament will have to give its approval for the final shape,"
2012 - September : The government approved the-
(a) Allowed 51% foreign investment in multi-brand retail.
(b) Relaxed FDI norms for civil aviation and broadcasting sectors. – FDI cap in Broadcasting was raised to 74% from 49%.
(c) Allowed foreign investment in power exchanges.
2011 – December :
(i) The Indian government removed the 51 percent cap on FDI into single-brand retail outlets and thus opened the market fully to foreign investors by permitting 100 percent foreign investment in this area.
The full form of FDI is Foreign Direct Investment.The FDI means “cross border investment made by a resident in one economy in an enterprise in another economy, with the objective of establishing a lasting interest in the investee economy.
FDI is also described as “investment into the business of a country by a company in another country”. Mostly the investment is into production by either buying a company in the target country or by expanding operations of an existing business in that country”. Such investments can take place for many reasons, including to take advantage of cheaper wages, special investment privileges (e.g. tax exemptions) offered by the country.
Reasons of Seek FDI -
(a) Domestic capital is inadequate for purpose of economic growth.
(b) Foreign capital is usually essential, at least as a temporary measure, during the period when the capital market is in the process of development.
(c) Foreign capital usually brings it with other scarce productive factors like technical know how, business expertise and knowledge.
Major benefits of FDI-
(a) Improves forex position of the country.
(b) Employment generation and increase in production .
(c) Help in capital formation by bringing fresh capital.
(d) Helps in transfer of new technologies, management skills, intellectual property.
(e) Increases competition within the local market and this brings higher efficiencies.
(f) Helps in increasing exports.
(g) Increases tax revenues.
Reasons of FDI is Opposed by Local People or Disadvantages of FDI -
(a) Domestic companies fear that they may lose their ownership to overseas company.
(b) Small enterprises fear that they may not be able to compete with world class large companies and may ultimately be edged out of business.
(c) Large giants of the world try to monopolise and take over the highly profitable sectors.
(d) Such foreign companies invest more in machinery and intellectual property than in wages of the local people.
(e) Government has less control over the functioning of such companies as they usually work as wholly owned subsidiary of an overseas company.
Brief Latest Developments on FDI (all sectors including retail):- 2012 – October: In the second round of economic reforms, the government cleared amendments to raise the FDI cap -
(a) in the insurance sector from 26% to 49%.
(b) in the pension sector it approved a 26 percent FDI.
Now, Indian Parliament will have to give its approval for the final shape,"
2012 - September : The government approved the-
(a) Allowed 51% foreign investment in multi-brand retail.
(b) Relaxed FDI norms for civil aviation and broadcasting sectors. – FDI cap in Broadcasting was raised to 74% from 49%.
(c) Allowed foreign investment in power exchanges.
2011 – December :
(i) The Indian government removed the 51 percent cap on FDI into single-brand retail outlets and thus opened the market fully to foreign investors by permitting 100 percent foreign investment in this area.
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