30Nov 2018 by admin

Short Biography Jayanta Mahapatra

Strategy
If A.K. Ramanujan, R. Parthasarathy and Nissim Ezekiel, the first generation of ‘new poets’ are said to have ushered in modernism in Indian English poetry, Jayanta Mahapatra can be called the major voice among the second generation of modern poets. The Sahitya Akademi award given in 1981 for the first time to an Indian English poet, commended his poetic volume Relationship as “an outstanding contribution to Indian English literature for its awareness of the Indian heritage, evocative description, significant reflection and link­ing of personal reminiscence with race memory”.Born in 1928, in Cuttack, Mahapartra has been a late en­trant to the Indian English poetic scene. His discipline is phys­ics and he is Reader at Ravenshaw College, Cuttack. Though his poetic art bloomed as late as 1971, with his first two collections…
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30Nov 2018 by admin

Useful Notes on Classification of Modern Approaches to Management

Decision Making
Some modern approaches also played a significant role in the evolution of management theories. These approaches can be classified as Quantitative School of Thought, the Systems Theory and the Contingency Theory. 1. Quantitative School of Thought: Quantitative school of thought emerged during the World War II. During the war, managers, government officials and the scientists were brought together to help the army to effectively utilize resources. Using earlier mathematical approaches to the concepts advocated by F.W. Taylor and Gantt, the experts of quantitative school of thought, solved many logistic problems in the war. Image Source: cdn.siasat.com ADVERTISEMENTS: After the war, such techniques were applied by many organizations to solve their business problems. This school of thought extensively utilized statistics, optimization models, information models and computer simulations for decision making and…
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30Nov 2018 by admin

Section 317 of Code of Criminal Procedure, 1973 (Cr.P.C.) – Explained!

Business
Legal Provisions of Section 317 of Code of Criminal Procedure, 1973 (Cr.P.C.), India.Provision for inquiries and trial being held in the absence of accused in certain cases:This section lays down the procedure for inquiries and trials being conducted in the absence of accused in certain cases. The section enables the Court to dispense with the personal attendance of the accused and proceed with the inquiry or trial in his absence. ADVERTISEMENTS: Similar provision also exists in Section 205 which provides that when a Magistrate issues a summons, he may dispense with the personal attendance of the accused and permit him to appear by a pleader.The general rule is that all inquiries and trials should be conducted in the presence of the accused. Therefore, this section provides an exception to this…
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30Nov 2018 by admin

What are the Structural Differ­ences between Mitakshara and Dayabhaga Coparcenaries?

Management
The concept of a coparcenary under the Dayabhaga system is entirely different from the one under the Mitakshara law.Hence, the distinguishing features of a Dayabhaga joint family will now be considered, whilst considering briefly the points of distinction between the two. 1. Sons do not acquire any right by birth: ADVERTISEMENTS: Under the Mitakshara law as it existed prior to the 2005 Amendment of the Hindu Succession Act, each son acquired, at his birth, an interest equal with his father, in all ancestral property held by the father, and on the death of the father, the son got this property, not as his right, but by survivorship.However, under the Dayabhaga law, the sons do not acquire any interest in the ancestral property by birth. Their rights arise, for the first…
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29Nov 2018 by admin

What is the difference between a partnership and a joint Hindu family firm?

Business
The following are the points of distinction between a partner­ship and joint Hindu family firms:-(1) Family firm unlike partnership is not dissolved on the death of a coparcener. ADVERTISEMENTS: (2) A coparcencr is not entitled to ask for account on his leaving the coparcenary while a partner can.(3) Only the manager has the power to contract debts and pledge the credit of family property for family business. In case of partnership any partner can bind other coparceners, by the debts incurred in the course of business. Image Source: colourbox.com(4) The liability of the manager for debts incurred in business extends to his separate property as well while the other members are only liable to the extent of their interest in the family property unless they themselves are the contracting parties…
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29Nov 2018 by admin

10 Important Characteristics of a Political System

Decision Making
Main characteristics of political system are as follows: 1. A political system is a set of intersections abstracted from the totality of social behaviour, through which values are allocated for a society. 2. There are certain properties common to both natural and social systems. Like natural systems, social systems possess properties that enable them to cope with the words—types of disturbances to which they may be subjected.Like a living system the political system has ‘responding’ and ‘self regulating’ mecha­nisms by which it can change, correct and readjust its processes and structures in the face of activity which threatens to disrupt its own activity.3. Political system is not a static but a dynamic affair. ADVERTISEMENTS: It is on account of the feedback mechanism that the system persists even though everything associated…
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29Nov 2018 by admin

Speech on the Problems of Technical Education in India

Industry
Since the attainment of freedom the progress made in the sphere of technical education in the country is not bad, but in view of the tremendous need and the present circumstances, the pace of progress is not quite satisfactory.In other words, some progress had been made but much is yet to be achieved. We have to import small and big machines and their state of affairs is some of our own peculiar problems that hinder the technical and industrial development of the country.Unsuitable Technical Curriculum: ADVERTISEMENTS: Being predominantly an agricultural country, India’s need, till some time back, was limited to the manufacture of agricultural implements only. Different sections of the society manufactured items of daily use.This section of the society in course of time, were typed different castes on the…
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29Nov 2018 by admin

The Hadow Committee Report of 1926, Britain – Short Essay

Industry
W.H. Hadow was the chairman of the Consultative Committee in 1926. Hadow was entrusted with the responsibility of giving suggestions for educational reforms.The committee under him submitted its Report in 1926 regarding the education of juveniles. At that time, only 10% of the children of the country were receiving secondary education. The Committee recommended that all the children between the age ranges of 11 to 15 years should receive secondary education.Upto 11 years of age each child should receive post- primary education after completing his primary education. For this the necessity of establishing more secondary schools was emphasised. Image Source : is5.mzstatic.com ADVERTISEMENTS: These schools were termed as Modern Schools, Grammar Schools, Senior Classes, Junior Technical Schools and Trade Schools. Science or literature was given the necessary place in these…
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29Nov 2018 by admin

Top 12 Importance of Social Stratification to the Society

Professions
Social stratification performs several functions which are useful and essential for the society. Moreover, it is not a classification of individuals based on their attributes but an established system of classifying groups. Functionalists are primarily concerned with the function of social stratification and its contribution to the maintenance and well being of the society. 1. Matches ability with higher positions: According to Davis Moore, a major function of the stratification is to match the most able people with the most important position in the society. Image Source: financialgazette.co.zw 2. Encourages hard work: ADVERTISEMENTS: The main function of social stratification is to make the people of upper strata to work hard and to live up to their positions and status. Pearson argues that American society values the achievements and efficiency of…
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29Nov 2018 by admin

7 Basic Characteristics of a Perfect Competitive Market

Industry
Perfect Competition refers to a market where large numbers of buyers and sellers, well aware of the market conditions, compete among themselves freely so that the prices of same goods tend to be equal.Perfect Competition is also called Perfect Competitive market or simply the perfect market. In this market no individual buyer or seller can influence the market price in any way.According to Cournot, “A perfect market is one in which the buyers have no preferences as between different units of the commodity offered for sale, sellers are quite indifferent to whom they sell and both buyers and sellers have full knowledge of prices in other part of the market.” Image Source: upload.wikimedia.org ADVERTISEMENTS: From the above definition it is clear that perfect competition is an ideal form of market…
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