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Modi Sarkar’s success – Super Seven Mantris

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Narendra Modi appears to have applied the Pareto principle while expanding his cabinet. The Pareto principle, also known as the 80:20 rule, suggests that 80 percent of the outcomes are the result of 20 percent of the factors that influence them. Thus, 20 percent of a company’s products may account for 80 percent of the profits.

The seven ministers and heavyweights who matter most are: Arun Jaitley (finance and I&B), Manohar Parrikar (defence), Suresh Prabhu (railways), Nitin Gadkari (roads, highway and ports), Venkaiah Naidu (urban development, among others), Ravi Shankar Prasad (telecom), and Piyush Goyal (coal and power).

The Super Seven’s roles are clear:

Jaitley has to deliver the reforms and growth even while communicating with the Delhi media – hence the addition of the I&B portfolio despite his health issues.

Parrikar is key to both defence preparedness and ‘Make in India’. It is highly unlikely that the world will beat a path to India to set up manufacturing industry when China and Vietnam and cheaper, but defence manufacturing does not need the high level of competitiveness that other industries do. Defence is always protected in any country, and this is where the manufacturing boom will begin to happen. Once this takes off, other manufacturing clusters will happen.

Nitin Gadkari and Suresh Prabhu will have to deliver the jobs multiplier in road and railway infrastructure. Even though bullet trains have hogged the limelight, Prabhu’s core job is to get investments (including FDI) into railways and make the organisation the engine of economic and jobs growth, just as the Golden Quadrilateral road project was Vajpayee’s inspired vision in NDA-1.

Venkaiah Naidu (among others things, he has to deliver parliamentary backing for some laws that may be changed while also shepherding Modi’s urban agenda of creating jobs and infrastructure in urban areas, including at least a couple of smart city projects.

Piyush Goyal has to meet Modi’s goal of viable 24×7 power in all states, a Modi’s achievement in Gujarat.

And Ravi Shankar Prasad’s telecom, of course, is the golden goose that is needed to generate revenues (from spectrum, etc) and provide the backbone for e-governance and the information highway.

Modi’s Pareto work is thus comprised of seven super ministers who are very critical to his core agenda of jobs and growth, and 11 ministers who have to play support roles in the softer areas that deliver governance and/or remove the obstacles to growth and political dominance.

10 things to do before the exam!

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It’s that time of the year again – exam
season. Schools are gearing up for midterm exams and competitive exams are less
than a month away. One of the most crucial exams, calls for intensive studies
that scramble your mind.

To save you from physical and mental
exhaustion, here are 10 things to do before the exam!

1.
Time yourself and build up speed: The exam always asks clear-cut questions in a simple
language, but they are too many in number. The solution is to increase your
writing and problem-solving speed through practice.
2.
Give yourself targets and
treats
: Giving yourself
achievable targets and rewarding yourself for meeting them can boost your
prepping speed. Make a mental note that when you finish a chapter, you will
take a walk or have a snack!
3.
Procure a good book or
mobile app for prepping
: A good
book or preparatory app will quicken
up the whole process. It saves your time by effectively summarizing and
advising.
4.
Focus equally on all
subjects:
 Don’t only practice mathematical problems and/or English,
but also focus equally on the syllabus. Candidates with basic knowledge and its
technicalities have an edge over the rest. So, you must remember to diligently
study this field too.
5.
Make flashcards: Making flashcards of important facts, dates
or events are great for revising on the night before the exam. You can jot down
the important keywords that will jog your memory every time you see the card.
6.
Eat fresh, light breakfasts: You should avoid greasy, filling meals as
they make you lethargic and sleepy. This is especially more important for the
exam day. I often had heavy breakfasts so I could skip lunch and utilize that
time to study; I ended up snoozing throughout the day..!
7.
Don’t stress: Forget about the study material you are yet
to cover and focus on the current topic. Doing otherwise will worry you and
waste your time.
8.
Get ample sleep:  You surely don’t want to appear
bleary-eyed for an exam. It’s only a matter of time till your brain gives up
and shuts down – during the exam. Some may have mastered the “skill” of running
on 0-3 hours of sleep but let’s not push your luck!
9.
Take a break: After studying continuously for a few hours,
take a break. Cramming without breaks only slows down the whole process. So, go
for a walk or engage in any physical activity which will also give you a good
night’s sleep.
10.
Don’t “de-stress” too much: You should surely de-stress the night before
any important exam, but that does not imply partying, drinking or smoking.
A walk in the evening or catching up on some TV would be more suitable
means to de-stress. If you want to do well, it will be best to stay away from
drinks and smokes for the night.

 

Using these simple tips, your
mind and body will be able to handle the stress better. A peaceful mind will
allow you to concentrate better and give the exam your best shot.
All the best!

Places known by their Alternate Name

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Battleground of
Europe
Belgium
Blue Mountains
of
 India Nilgiri
City of Light
Paris
City of Palaces
Kolkata, India
City of Joy
Kolkata, India
City of Golden
Gate
 San Francisco
City of Seven
Hills
Rome
City of Golden Temple
Amritsar, India
Cock Pit of
Europe
Belgium
Dark Continent
Africa
Diamond City in
India
Surat, Gujarat
Eternal City
Rome
Forbidden City
Lhasa, Tibet
Granite City
Aberdeen,
Scotland
Garden City of
India
Bangalore
Gift of Nile
 Egypt
Island of
Pearls
Bahrain
Land of Golden
Fleece
Australia
Land of
Kangaroo
Australia
Land of Cakes
Scotland
Land of
Thousand Lakes
Finland
Land of Golden
Pagoda
Myanmar
Land of Midnight Sun
Norway
Land of
Thousand Elephants
Laos
Land of Rising
Sun
Japan
Land of Maple
Canada
Land of Canals
Netherlands
Land of White
Elephant
Thailand
Land of
Windmills
Netherlands
Land of
Thunderbolt
Bhutan
Land of Long
White Cloud
New Zealand
Manchester of
Japan
Osaka
Playground of
Europe
Switzerland
Pearl of
Antilles
Cuba
Queen of
Arabian Sea
Cochin, India
Roof of World
Pamirs
Sick Man of
Europe
Turkey
Sugar Bowl of
World
Cuba
Sorrow of China
River
Hwang Ho
Scotland of
East
Shillong, India
White city
Belgrade
Venice of East
Alappuzha,
Kerala
Venice
of North
Stockholm

Banking Facts

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  1. The first bank in India to be given an ISO Certification – Canara
    Bank
  2. The
    first bank in Northern India to get ISO 9002 certification for their selected
    branches – Punjab and Sind Bank
  3. The
    first Indian bank to have been started solely with Indian capital – Punjab
    National Bank
  4. India’s
    oldest, largest and most successful commercial bank, Offering the widest
    possible range of domestic, international and NRI products and services,
    through its vast network in India and Overseas – State Bank of India
  5. India’s
    second largest private sector bank and is now the largest scheduled commercial
    bank in India – The Federal Bank Limited
  6. The
    first Indian bank to open a branch outside India in London in 1946 and the
    first to open a branch in continental Europe at Paris in 1974 – Bank of India,
    founded in 1906 in Mumbai
  7. The
    oldest Public Sector Bank in India having branches all over India and serving
    the customers for the last 132 years – Allahabad Bank
  8. The
    first Indian commercial bank which was wholly owned and managed by Indians
    -Central Bank of India
  9. Bank
    of India was founded in 1906 in Mumbai. It became the first Indian bank to open
    a branch outside India in London in 1946 and the first to open a branch in
    continental Europe at Paris in 1974.
  10. Private
    Sector Bank that recently launched a product of personal loan called ‘Swift’ –
    HDFC
  11. The
    largest public sector bank – SBI
  12. India’s
    largest private sector bank – ICICI Bank
  13. The
    largest foreign bank working in India – Standard Chartered Bank
  14. Asian
    Development Bank was established in – December 1966
  15. The
    first Swadeshi Bank in India is – PNB
  16. The
    Structure of RBI is – 1 Governor and 4 Deputy Governors
  17. Head
    Office of World Bank is in – Washington D.C.
  18. Who
    has launched the world’s first Islamic finance benchmark rate – Thomson Reuters
  19. Saving
    Banks Interest rates, Fixed Deposit interest rates, Loan rates etc are decided
    by individual banks.
  20. CRR,
    SLR, Rep, Reverse Repo. MSF are decided by RBI.
  21. India’s
    First Financial Archive has been set up at — Kolkata
  22. The
    International Bank for Reconstruction and Development (IBRD) is better known as
    – World Bank
  23. The
    Reserve Bank of India was established under the act- RBI Act 1934
  24. The
    largest commercial bank in India- State Bank of India
  25. The
    Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
    – Imperial Bank of India
  26. The
    first Indian Bank to introduce credit card – Central Bank of India
  27. Devaluation
    of a currency mean – Decrease in the external value of money
  28. Cards
    known as plastic money – Credit cards
  29. Open
    Market Operations” are carried out by – RBI
  30. Capital
    Market Regulator is – SEBI

 

Richest People of All Time

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Our list of the twenty
richest, based on scholarly estimates and adjusted for inflation, includes
entrepreneurs, warriors, and robber barons. We did not include monarchs, whose
vast wealth is considered public.
Bill Gates, Warren Buffett, and Carlos Slim are
the only living men who crack the list — and that’s only counting their net
worth at bubble peaks.
You’ll notice much of the
list come from England and America. Partly this happens because that’s where
estimates were available. But it’s also true extreme private wealth occurred
only several times in history, such as: The great lords of England, the Gilded
Age, and today’s credit bubble.

The 20 Richest People Of All Time are:

  • John
    D. Rockefelle
  • Andrew
    Carnegie
  • William
    The Conqueror
  • Cornelius Vanderbilt
  • Alan Rufus
  • Bill Gates
  • William de Warenne
  • John Jacob Astor
  • Richard Fitzalan 10th Earl of Arundel
  • Stephen Girard
  • John of Gaunt
  •  A.T. Stewart
  • Frederick Weyerhaeuser
  • Henry Duke of Lancaster
  • Jay Gould
  • Stephen Van Rensselaer
  •  Marshall Field
  • Sam Walton
  • Warren Buffett
  • Carlos Slim