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Posted by: shailendra sood
Activity: 10 referals , 17 comments, 6186 views
The group (headed by Sh. Prakash Tandon) was appointed in July 1974 which was to frame guidelines for follow-up of bank credit and submitted its final report during 1975 and gave following recommendations, applicable to borrowers availing fund based working capital limits of Rs. 10 lac or more: Norms for inventory and receivables Norms for 15 major industries proposed by the committee now have more than 50 disintegrated industry groups. Normally the borrower would not be allowed deviations from norms except in case of bunched receipt of raw material, power cuts, strikes, transport delays, accumulation of finished goods due to non-availability of shipping space for exports, build up of finished goods stocks due to failure on the part of purchasers. For those units which are not covered by the norms, past trends to be made the basis of assessment of working capital. (Discretion given to individual banks for deviations in norms) Approach to lending The committee suggested three...
Posted by: Atul Kumar
Activity: 49 referals , 9 comments, 67492 views
Military Strength: Comapre India and Pakistan Manpower and Ground Forces India has the second largest manpower in its military globally - at 3,773,300 personell (2005), next only to China. Pakistan has a much smaller manpower of 1,449,000 personell which is proportionally higher than India in terms of their population ratios. Pakistan’s ground forces are equipped with American or Chinese weapons like FIM 92 Stinger SAMs, BGM-71 TOW anti-tank missiles, T-82 tanks and other equipments. Indian ground forces are equipped mostly by home-made or Soviet technologies like IR guided 9K35 Strela-10 SAMs, 3rd Gen IR guided Nag anti-tank missiles, UAVs and a large inventory of tanks and support vehicles. In terms of numbers and equipments, both Indian and Pakistani ground forces are on an closely equal footing. Comparison of Air Forces As of 2006, Indian Air Force (IAF) has over 170,000 personnel and 3,382 aircrafts of which 1,330 are combat aircrafts operating off 61 airbases - making it the...
Posted by: indyacentral
Activity: 770 referals , 31 comments, 22186 views
Facts about "Jana Gana Mana" - Just a thought for the National Anthem! How well do you know about it? I have always wondered who is the "adhinayak" and "bharat bhagya vidhata", whose praise we are singing. I thought might be Motherland India! Our current National Anthem "Jana Gana Mana" is sung throughout the country. Did you know the following about our national anthem, I didn't. To begin with, India's national anthem, Jana Gana Mana Adhinayaka, was written by Rabindranath Tagore in honour of King George V and the Queen of England when they visited India in 1919. To honour their visit Pandit Motilal Nehru had the five stanzas included, which are in praise of the King and Queen. (And most of us think it is in the praise of our great motherland!! !) In the original Bengali verses only those provinces that were under British rule, i.e. Punjab, Sindh, Gujarat, Maratha etc. were mentioned. None of the princely states were recognised which are integral parts of India...
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