Dear Friends,

We are at the best of times in so many ways. The transformation and flux is the highest at this time providing the best opportunity to change-ourselves and the world around us. During my recent interactions with academicians across the globe, one thing that struck me the most was the absolute admiration we receive as Indians. It is a spectacular feeling to see people being in awe of the massive scale of educational initiatives as well as diversity; a strength inherent to a country like India. This brings me to the point of the eco system at NU in which we operate. As we grow from strength to strength we must become more conscientious towards our role as members of the NU family.

It is not the recognition that one gets from extrinsic world that reinforces our resolve but the inner aspiration that silently works towards reaching our goals. It is indeed a moment of pride when the ideas and aspirations get translated into action. The month of April in so many ways was the joy of giving month. We take pride in our social connect with the community and this month all students at NU participated in the initiatives with renewed enthusiasm and dynamism. From mentoring the students at the community to spending time in understanding their problems, the students exhibited exceptional qualities of empathy, compassion and benevolence. We are proud of them and confident that they will rise and shine with each passing day!

For students of Class 12, who target to score well in Board exams, an added anxiety is to get into a good University that will shape their career. So many times opportunities seem so near – yet so far. Our endeavour through this feature is to enable such individuals explore maximum opportunities and select the best.

Dr. Shradha Kanwar
Editor, editor@niituniversity.in

"It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change." The words of Charles Darwin are strikingly relevant to the choices one is going to make in the selection of University so make intelligent choices!!

What you want – should be in sync with – what you search.
One can have different priorities while narrowing down the search for Universities. Is it the proximity of the Institute from your residence or is it the optimum academic calibre that excites you. Is it the stream of courses that excite you or is it the work ethos of the institute. Are you going to do your graduation to enhance your academic credibility or to have fun!
Introspect…
Do a reality check on your aspirations and you will get answers to a lot of questions.

When in a dilemma it becomes even more critical to get adequate information and rationally weigh the pros and cons.
Get hold of the prospectus of prominent institutes offering the choice of your career stream. This information collateral shall give you a brief overview of the offerings in the University. It should give you a good idea of the different programs, fee structure as well as the residency status. These are imperatives in enhancing your understanding of various institutes. Alternately, browse through the University website, so that you are more informed about the various attributes that are being offered.
Planning a personal visit to the University could be very enriching as it will help broaden your understanding and clear your concerns. Some Universities even organise residential visits, so it would be a very good idea to make use of such fantastic opportunities, where you as a student get a feel of the University culture.
Faculty of any institute are its foundation as they are responsible for providing the learning value component. It is important to find out the credentials of faculty members of prominent institutes while applying for them as it will strengthen your resolve to be part of an exciting academic environment.

A University is a microcosm of society and students get set to enter the next phase of their lives after getting adequate exposure thus strengthening their abilities to face the world. Studying in a residential university has a lot of advantages in today’s competitive world. This is because the emphasis now in high calibre institutes is not just on academics but on a combination of other features. Holistic development is possible only if an individual is exposed to a variety of opportunities – academic and co curricular. This is more possible in a 24 x7 University environment as students remain busy throughout with research, learning, sports, events, laboratory work and celebrations.

In order of priority prepare a list of all that you are looking for in an institute.

Understand what you desire! If the aim is purely to get hold of an academic degree then it is pointless to waste efforts in looking for premier institutes, as not only getting admission in such institutes could be a problem but in case one does get admission it could become a traumatic experience being part of the hard core scholastic regime.

After an estimation of the various attributes of an organization, check out what more does it offer. This extra- facet of the institute will give it that extra-ordinary edge and enable excellence. It could be a personalised learning environment that takes care of individual learning abilities or it could be a fantastic scholarship which allows you to be part of an illustrious educational environment without weighing too heavily on your pocket.

Do you have it in you to get into the best College?
Do you have it in you to select the best career stream?
Do you have it in you to excel?
Yes…

Remember selecting the right stream and the right University is your decision. Make the most of it! During turbulent times it is not the gifted who sail through, but those who persevere and proceed in the right direction. This is an era of challenges, where those who are able to adapt to the change, pre-empt the change as well as be the change will have the extra edge.

The third batch of the MBA (Finance & Banking) students arrived at the campus on April 27 and their Orientation Programme was held on April 28 in which they were formally welcomed by the Vice President NIIT University, Dr. Sunil Rai.

Dr. Rai highlighted the salient features of the MBA (Finance & Banking) Programme at NU and the various facets of learning at the University. Mr. Paulus De Lima, Deputy General Manager, HR, ICICI Bank spoke about the objectives of the programme and the expectations from ICICI Bank.

The students had an extended Q & A session with the Leadership team and got the opportunity to meet all the faculty members as part of the session. We wish the new batch the very best to make the best of the opportunity to embrace knowledge in its multitude forms, to capture the beauty of nature in these pristine surroundings and to hone their personality in this magnificent place called NU.

April 12 was an eventful day at NU, when all got together to enjoy the festivities on the occasion of Baisakhi. The day also commemorated a significant event, the Bhoomipujan ceremony. A music and dance extravaganza was followed by Bada Khana in the Mess and all at NU participated wholeheartedly on this occasion.

With the help of SPIC MACKAY, an enchanting evening filled with soulful music of Qawwali was organized at the University campus on May 1. Messrs Nizami Hasnain and group performed qawalees in the Sufi tradition of HAZRAT NIZAMUDDIN AULIA as well as Hazrat AMIR KHUSRO. The audience was mesmerized by the delicate flavours of "Man Kunto Hai Maula!","AAJ RANG HAI,,,AEY MAA" and other delightful compositions.

Prof. Vidu Soni presented a paper titled "Capacity Building in Municipal Government: Creating a Sustainable Framework for Developing Countries" and Chaired a Session on “Public Finance” at the 73rd International Atlantic Economic Society (IAES) Conference held in Istanbul, Turkey from March 27- 31, 2012. Economists from all areas of specializations and Administrative Sciences Experts from over 40 countries participated in the conference. Panels were organized along the themes of: Rising Role of Emerging Markets in the World Economy, Management of Financial Crisis, International Financial Markets; Globalization and Economic Integration; Urban and Regional Economics; Monetary and Fiscal Policy; Financial Institutions and Services; Public Finance and Public Policy; Demographics, Labor Force and Supply. A Nobel Laureate economist and a world-renowned expert in Monetary Policy were the Keynote speakers. Overall, the conference was informative, dealt with cutting-edge contemporary economic issues, focused on potential contribution of emerging economies in the global market, and provided an opportunity for cross-cultural exchange of ideas and networking. The meeting was attended by approximately 500 participants.

Turkey Trivia: Turkey, with its democratic government, is one of the largest economies in the world and is considered to be “BRIC of Europe.” Istanbul is uniquely positioned on Bosphorus Strait which connects two continents-Asia and Europe and is a popular conference destination. Istanbul is the largest and strategically most important city of Turkey and is often described as an “open air museum of Turkish culture.” It has always been a junction for world trade through history and lies at the intersection of the hubs of Europe, Asia, Middle East, and North Africa and represents a confluence of peoples, languages, religions, and cultures.

Dr. Kapil Pandla delivered a lecture on April 24 during the Chintan session. The topic of his lecture was “Perceived Organisational Support and Counterproductive Workplace Behaviour”. During this session Dr. Kapil Pandla discussed the different modes of Counterproductive Workplace Behaviour in different type of organizations. Those organizations with higher level of perceived public image and reputation had less amount of counterproductive behaviour compared to those organizations with poorer public reputations. This was established after an online survey and using the public image of the organizations from the website Karmyoga.com. The lecture was followed by a question & answer session and was liked by the faculty members. The paper presented by Dr. Pandla has been published in an International HR journal which is a feather in the cap for NU.

Passwords are now found everywhere. They are a must for computer security. A good password has to be both easy to remember and hard to guess, but young people seem to prefer the former over the latter. Names of dream-girls, Gfs, Bfs are popular. Some take simplicity to extremes: one former professor of a University used "X" for many years. When recently, hackers stole 32m passwords from a social-gaming website called RockYou, it emerged that 1.1% of the site users-365,000 people-had opted either for 12345 or 123456. Obviously, they were too simple to be effective.

That predictability lets security researchers (and hackers) create dictionaries which list common passwords, a boon to those seeking to break in. But although researchers know that passwords are insecure, working out just how insecure has been difficult.

However, a paper to be presented in May, sheds some light. With the co-operation of Yahoo!, the large internet company, Joseph Bonneau of Cambridge University found some intriguing variations. Older users had better passwords than young ones. (So much for the tech-savviness of youth!) People whose preferred language was Korean or German chose the most secure passwords; those who spoke Indonesian the least.

Passwords designed to hide sensitive information such as credit-card numbers were only slightly more secure than those protecting less important things, like access to games. "Nag screens" that told users they had chosen a weak password made virtually no difference. And users whose accounts had been hacked in the past did not make dramatically more secure choices than those who had never been hacked.

Mr Bonneau says: “An attacker who can manage ten guesses per account…will compromise around 1% of accounts.” And that, from the hacker’s point of view, is a worthwhile outcome. One obvious answer would be for sites to limit the number of guesses that can be made before access is blocked, as cash machines do. Yet whereas the biggest sites, such as Google and Microsoft, do take such measures (and more), many do not. A sample of 150 big websites examined in 2010 by Mr Bonneau and his colleague Sören Preibusch found that 126 made no attempt to limit guessing.

For these sites, laxity may be rational, since their passwords are not protecting anything particularly valuable, such as credit-card details. But password laxity here compromises even sites with good security, since people often use the same password for several different places including banks.
So what is the remedy?

One is multi-word passwords called passphrases. An example is “Pippette DODO Cistern Massacre”. Using several words instead of one means an attacker has to guess more letters, which creates more security – but only if the phrase chosen is not one likely to turn up, through familiar usage, in a dictionary of phrases. Which, of course, it often is.

Mr Bonneau and his colleague Ekaterina Shutova have analysed a realworld passphrase system employed by Amazon that allowed its American users to employ passphrases between October 2009 and February 2012. They found that, although passphrases do offer better security than passwords, they are not as good as had been hoped. A phrase of four or five randomly chosen words (for instance, the example given earlier) is fairly secure. But remembering several such phrases is no easier than remembering several randomly chosen passwords. Once again, the need for memorability is a boon to attackers. By scraping the internet for lists of things like film titles, sporting phrases and slang, Mr Bonneau and Dr Shutova were able to construct a 20,656-word dictionary that unlocked 1.13% of the accounts in Amazon’s database.

One way to solve this problem is to combine the ideas of a password and a passphrase into a so-called mnemonic password. This is a string of apparent gibberish which is not actually too hard to remember. It can be formed, for example, by using the first letter of each word in a phrase, varying upper and lower case, and substituting some symbols for others-”8″ for “B”, for instance. ("itaMc0Ttit8" is thus a mnemonic contraction of the text in these brackets.)

Even mnemonic passwords, however, are not invulnerable. A study published in 2006 cracked 4% of the mnemonics in a sample using a dictionary based on song lyrics, film titles and the like.

The upshot is that there is probably no right answer. All security is irritating (ask anyone who flies regularly), and there is a constant tension between student’s desire to be safe and their desire for things to be simple. While that tension persists, the hacker can always get through.

We risk great peril if we kill off this spirit of adventure, for we cannot predict how and in what seemingly unrelated fields it will manifest itself. A nation that loses its forward thrust is in danger, and one of the most effective ways to retain that thrust is to keep exploring possibilities. The sense of exploration is intimately bound up with human resolve, and for a nation to believe that it is still committed to a forward motion is to ensure its continuance.

The International Space Station (ISS) is a habitable artificial satellite in low Earth orbit. Construction of the world’s largest ship sailing the skies, rather than the seas, at more than 5 miles per second is under way. First launched in 1998 it can be seen from naked eye. The purpose of ISS is to be a laboratory, observatory and a factory in space. Since Science is now on the verge of saturation in our atmosphere, we as humans need to step out of our home planet. It has provided a platform to conduct scientific research which is only possible in low-gravity, vacuum and in a secured way. For example to detect dark matter and answer other fundamental questions about our universe, engineers and scientists from all over the world built the Alpha Magnetic Spectrometer (AMS), also it has unlocked potential fields of research which include Astrobiology, astronomy, human research including space medicine and life sciences, physical sciences, materials science, Space weather and weather on Earth also if astronauts will ever venture to Mars or other planets, then we must know how prolonged microgravity on the order of months to years will affect their health.
It is a modern marvel of engineering which has pushed every engineer from all fields to their limits. The current station represents only a fraction of its eventual capabilities. The ISS program is a combination of three major Space station programs of Russia, USA and European Union which were shut down due to cost overruns and failures. Finally in 1993 these countries including several others joined there space programs to form which is now known as ISS program. The first component of ISS was sent in 1998 and will be completely deployed near 2016. Due to the extreme complexities of the program it is running off schedule on a completion date of 2004-2005

The assembly of the International Space Station is a major aerospace engineering endeavor being conducted in Low Earth orbit by a consortium of governmental and inter-governmental space agencies. Zarya is the first component of the ISS which was sent in space using the Proton Rocket.

ISS is a completely modular structure i.e. it will be build using modules which will serve different purpose for the station. Two of the most famous modules of ISS are- Robotic arm build by Canada known as canadarm2 used to dock and manipulate spacecraft and modules on the USOS, and hold crew members and equipment during EVAs. Cupola is a seven window observatory, used to view Earth and docking spacecraft. The module comes equipped with robotic workstations for operating the station’s main robotic arm and shutters to protect its windows from damage caused by micrometeorites. It features 7 windows, with a 80-centimetre (31 in) round window, the largest window on the station.

Docking of the modules is completely automated task. It is the fundamental process that ensures the expandability of the ISS. All Russian manned spacecraft, modules, and progress craft are able to rendezvous and dock to the space station without human intervention. Using Kurs radar they detect and intercept the ISS from over 200 kilometers away. The European ATV uses star sensors and GPS to determine its intercept course, when it catches up it then uses laser equipment to optically recognize Zvezda, with Russian Kurs redundancy. Crew supervise these craft, but do not intervene except to send abort commands in emergencies.

One of the initial module Zarya is a US funded and Russian built module which was built to provide orientation control, communications and electrical power attached to the passive Node 1while the station awaited launch of the third component, a Russian-provided crew living quarters and early station core known as the Zvezda Service Module.

Zvezda : The module provides the early station living quarters, life support system, electrical power distribution, data processing system, flight control system and propulsion system. It also provides a communications system that includes remote command capabilities from ground flight controllers. Although many of these systems are being supplemented or replaced by U.S. station components, the Service Module will always remain the structural and functional center of the Russian segment of the International Space Station.

Ownership of modules, station utilization by participant nations, and responsibilities for station resupply are established by the Space Station Intergovernmental Agreement (IGA). This international treaty was signed on 28 January 1998 by the primary nations involved in the Space Station project; the United States of America, Russia, Japan, Canada and eleven member states of the European Space Agency (Belgium, Denmark, France, Germany, Italy, The Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom). A second layer of agreements was then achieved, called Memoranda of Understanding (MOU), between NASA and ESA, CSA, RKA and JAXA. These agreements are then further split, such as for the contractual obligations between nations, and trading of partners’ rights and obligations.

In the future ISS will be used as a refuelling station for long-range Inter-Galactic Human mission such as mission to moon, mars and beyond.

It is our gateway to the universe

Community Connect (CC) program is part of the MBA curriculum at NIIT University. Students are guided by faculty to get involved in the local community to identify and solve problems, teach school children, donate blood, plant trees, and learn about the concept of corporate social responsibility.

NU’s Community Connect program is similar to the concept of “Service Learning” in American Universities which involves community service and civic engagement and has been a long tradition in the United States higher education. Today, many formal agencies, foundations, and Presidential Initiates are encouraging community engagement, providing funding, and are supporting faculty and college students in these endeavours.

The aim of NU’s Community Connect program or service-learning in the U. S. are the same which is to bridge space between classroom and community, outreach of service applied to fill gaps in civic needs, and the partnerships and active relationships among scholars, students, community, and industry.

The approach I took to the CC course was to prepare a formal syllabus in which I suggested two particular topics, outside of MBA curriculum, to the students on which to conduct team research and write a formal report. The topics were: (1) Concept of “Green” management and Sustainability: A case study of NU, and (2) Gram Punchayat structure and its functions in Neemrana. The goal of the first topic was to explore the concept of “green management and sustainability” in light of the recent award received by NU. The goal of the second topic was for students become more educated about how local governments function, what are the challenges they face, and identification of future CC projects in the local community. Furthermore, as future leaders and citizens of a democracy, students should be familiar with the role of government and governance issues in their community and country. The overarching purpose and philosophy behind selecting these topics was to create interest in and raise awareness about the environment and local community.

To initiate the course, I sent the syllabus in advance to all students and then formally met the students to go over the syllabus, discuss course expectations, and the course output-–a team research report-they were expected to submit at the end of the term. However, the students did not necessarily like the topics I suggested and wanted to do something that was more hands-on and a project related to their own causes and preferences. After some discussion, I agreed to their version of the course on the condition that they send me a two paragraph proposal for prior approval. As it turned out, this process worked well. The students were motivated to pursue a topic that interested them and felt a sense of autonomy.

The students were expected to research their topics through literature review, case examples, site visits, and by interviewing appropriate persons if available. Students were then asked to prepare a 5 page report on their project covering the following areas: (1) description and significance of their project, (2) why they chose the topic, (3) what did they gain by doing the project, i.e., new knowledge, skills, or attitudes they might have acquired, (4) who were the intended beneficiaries of the project, and (5) do they think it is a worthwhile component of their educational process at NU.

The following reports were submitted by 7 teams comprised of approximately 10 – 12 students each.
1. Earth Air Tunnel System: A Green Environment Initiative @ NIIT University
2. Give a "NU" life. Donate Blood
3. A Report on Food Wastage at NIIT University
4. Importance of Solar Power
5. The Slums of Neemrana
6. NU: A Sustainable Green Campus
7. ARTI Biogas Digester Plant: A Solution to Food Waste on Campuses

The CC program is a worthwhile objective and needs to be further developed. Adding more areas of community service such as adult literacy, saving of girl children, contact with local industries, and issues of rural development can expand student horizons further. Moreover, successful projects should be carried forward to be continued by new batches of students and transformed into tangible benefits.

Overall, CC program is an excellent way to educate students about civic engagement and their responsibility to the betterment of the community. The program has a great potential and the students have hugely benefitted by being active participants in this connect!

As a part of the Community Connect program, the B.Tech students visited two different schools and tried their best to train their mentees in a specified field. In the process of training their mentees not only did they impart knowledge and training but also gained varied experiences.

For example, during our last visit to Pratap Singh Pura School, the Mentor was seen putting in his best effort not only to teach the Mentee, but also make him comfortable and an enthusiastic learner. At the end of the session, he appeared to be quite satisfied for not only had he trained his Mentee, but had also gained his confidence.

In one session of this program, the students from Pratap Singh Pura visited NU. The students were divided in a number of groups and a number of sports activities were organized for them like cricket, basketball, football, table tennis, chess, badminton, antakshari, volley ball etc.
Each Mentor was allotted a group and the Mentors took over their groups with great zeal and enthusiasm and trained their mentees in their allotted fields. At the end of the session both the Mentors and the Mentees learnt a lot from this interactive session and both wanted more such sessions in the future.

In the month of April, the students were taken on an educational tour to Parley Biscuit Factory. It indeed proved to be a thrilling experience for them to watch the different stages in baking the biscuits.

The program has proved to be highly beneficial to both the Mentors and the Mentees reinforcing our efforts towards making the community a better place.

The workshop organised for MBA 2nd Year students in the month of April helped our batch to develop as holistic individuals.

The first day started with revision of Marketing, Finance and HR concepts which helped us to strengthen our concepts. We had classes for Finance which helped us to analyse balance sheets, income statement and cash flows which would always be helpful in our near future and in the long term. It also helped us to develop new analytical skills to read between the lines and do an in depth analysis. The revision of financial concepts helped us to build our interest in looking at various kinds of companies and their strategy in resource allocation.

The classes of Marketing conducted by Ms. Bharti and Dr. Dugar helped us to revise the marketing concepts which we had learnt in the first trimester. Our batch came up with different perspectives and the emerging trends of marketing. The concepts of marketing helped us to think about more practical life application examples and apply what we had learnt theoretically.

Some of us want to become entrepreneurs in the near future which can only become reality if we are street smart and we have a practical based knowledge. Life is not about getting good grades but having a sustainable development of knowledge within ourselves.

This was followed by Human Resource concepts conducted by Mr. Kapil Pandla in which we revised the various theories and their application. All of us discussed the importance of human resources and also revised definitions which could be beneficial during interviews.

Dr. Bodhanwala conducted a workshop on Microsoft Excel which helped us to learn different techniques such as coding, frame, colour coding. This shall be very useful in the future as this is going to be the first skill set that shall allow us to excel in the corporate world.

The workshop also included an aptitude test for quantitative techniques that made us understand the importance of basic functions of mathematics which will always be useful while working in a company.

This was followed by the last two days of workshop which was conducted by Ms. Shilpa who strengthened our soft skills, grooming, and business etiquette. This made us understand simple techniques to deal with different meetings and negotiations. This workshop helped us to be assertive and the various situations where we need to be assertive and take a stand to not hurt the others but deal with it in professional way.

Overall, the workshop was a good experience and a beautiful journey to the final destination of learning a new set of techniques to deal with life in the corporate world.

A rare but highly desired occurrence -
A classroom without a teacher
Be it for two minutes or two periods -
The chaos is just the same

As soon as the teacher leaves the class
The seemingly ‘innocent’ shed their masks
And the discipline in-charges lead the hooligans
In their project of disruption
And causing noise pollution

If people get in the mood
Someone strums up the guitar
And others start singing along
As if having an enjoyable time around a campfire

The serious ones try not to get disturbed
But they cannot hold themselves
Against the majority of noisemakers
After all, there’s a little kid in everyone!

A couple of students guard the doors
And issue an alert to settle things down
The moment a teacher
Comes down the corridor

The moment of bliss ends
As soon as the teacher returns
And the students prepare themselves
For the scolding and punishment
Followed by the usual boring classes..

Bioenergy is renewable energy made available from materials derived from biological sources. An increasing emphasis on renewable alternatives for their environmental advantages coincides with a growing interest in energy diversification which will leave consuming countries less vulnerable to destabilizing cost increases or supply problems. Bio-energy is increasingly regarded as a promising potential energy source that will help to answer questions revolving around sustainability and supply.
A global population that will surpass 8 billion by 2030 is expected to consume 55 percent more energy than it used in 2005. However with petroleum reserves declining and greenhouse gas emissions from fossil fuels increasing, traditional approaches can’t be the only answer to tomorrow’s energy needs. Due to these reasons there is a growing demand for biofuels these days. Biofuels are making a host of highly significant contributions to the world’s overall energy landscape by: Expanding the fuel supply and lowering gas price, reducing greenhouse gas emission, serving as a renewable, homegrown source of energy.
Biofuels from microbes have recently been developed by scientists and could become the perfect substitution for fossil fuels. Advantages of biofuels produced by microbes include higher energy contents than bioethanol and biodiesel, as well as more similar properties to fossil fuels, allowing for easier transportation and storage. On the other hand, these biofuels generate 85% less greenhouse emissions than normal diesel and petrol and they help to overcome the problem of global food shortage in case of biofuels from plants. Major biofuels include bioethanol, biodiesel, biobutanol and biohydrogen which are at an increasing demand these days.
In our biotechnology laboratory, we are working on a research project funded by Department of Biotechnology in the field of bioenergy. It aims at production of butanol which can serve as a biofuel by genetic engineering tools.

Credit risk management is an emerging area of Finance which is used in various organizations for profit and wealth maximizations.
Credit risk management, in finance terms, refers to the process of risk assessment that comes in an investment. Risk often comes in investing and in the allocation of capital. The risks must be assessed so as to derive a sound investment decision. Likewise, the assessment of risk is also crucial in coming up with the position to balance risks and returns.
Banks are constantly faced with risks. There are certain risks in the process of granting loans to certain clients. There can be more risks involved if the loan is extended to unworthy debtors. Certain risks may also come when banks offer securities and other forms of investments.
The importance of credit risk management for banking is tremendous. Banks and other financial institutions are often faced with risks that are mostly of financial nature. These institutions must balance risks as well as returns. For a bank to have a large consumer base, it must offer loan products that are reasonable enough. However, if the interest rates in loan products are too low, the bank will suffer from losses. In terms of equity, a bank must have substantial amount of capital on its reserve, but not too much that it misses the investment revenue, and not too little that it leads itself to financial instability and to the risk of regulatory non-compliance.
The risk of losses that result in the default of payment of the debtors is a kind of risk that must be expected. Because of the exposure of banks to many risks, it is only reasonable for a bank to keep substantial amount of capital to protect its solvency and to maintain its economic stability. The second Basel Accords provides statements of its rules regarding the regulation of the bank’s capital allocation in connection with the level of risks the bank is exposed to. The greater the bank is exposed to risks, the greater the amount of capital must be when it comes to its reserves, so as to maintain its solvency and stability. To determine the risks that come with lending and investment practices, banks must assess the risks. Credit risk management must play its role then to help banks be in compliance with Basel II Accord and other regulatory bodies.
It has become an important part of various organizations and banking services to plan Risk management and hence is an emerging area of finance.

These days, people are using technology everywhere, and the outcome of that technology is to save on time, and increase the efficiency & performance of the task at hand.
But the big question is that to what extent are these ‘gadgets’/ technology increasing the performance and efficiency of an individual to deliver more in lesser time.
I remember the days when typists used carbon copies and had to retype a whole page when they made a mistake. I remember being gob smacked that a work colleague had somehow ordered his week’s shopping over this mysterious thing called an internet. I remember laughing when City boys started walking around with massive mobile phones and thinking how pretentious, unnecessary, and clumsy they were, and scornfully claiming they would never catch on because no-one in their right mind would want to be constantly contactable!
These gadgets have become an integral part in our lives now, and we cannot do without them, but have to accustom to them, because they are improving performance all around, and this is proven too. Even India where most of the paper work was performed manually is now shifting to new & sophisticated gadgets to increase their performance.
But this poses a new question to my mind, that would you buy any gadget, or do you look at how it increases your performance and then purchase it?
The ‘New Gen X’ is known to be most familiar with all the new gadgets that are in town, but then they are more inclined on the performance of the gadget, how it’ll help them, compare it to other viable options.
We have noticed that technology is not only about the gadgets anymore, and now it’s all about performance, it’s the change to one’s mindset where one could only perceive technology to be about gadgets, now one perceives it to be about the performance, the ability of him/her to improve their outcomes.

Pool Open Tournament

BOYS CATEGORY

GIRLS CATEGORY 

Cricket Open Tournament [B.Tech 2nd Year Vs. Staff] April 13, 2012

            Winner:- B.Tech 2nd Year

Athletics Inter-House Competition (April 21, 2012)

(Boys Section)