General Strike of 1926 Causes and Impact

General Strike of 1926 Causes and Impact A general strike is the point at which a gathering of laborers from various ventures all stop work on the side of one another to win certain requests. This would carry the nation to an end and make it difficult for the Government to oppose surrendering to their requests. The general strike of 1926 was fundamentally for the excavators; they had low compensation and worked extended periods. They needed better conditions and equivalent rights for all. In this paper I will survey the occasions paving the way to the strike and view all the short and long haul reasons for the strike. The coal business before the war was blasting. It was utilized for about everything and during the war the interest for coal expanded considerably more. Since coal creation was so imperative to the war exertion the Government assumed control over the responsibility for mines and ran them rather than the private proprietors. Upgrades were made in conditions and pay for most diggers. At the point when the Government nationalized the mining business excavators trusted it would proceed after the war. In any case, in 1921 all mines were come back to private proprietors. After the war the coal mining industry went into decay. This was on the grounds that, oil was utilized as a fuel particularly in delivery, power opened up, increasingly effective boilers were made, different nations started to mine coal and British pits had been over mined during the war and proprietors were hesitant to go through cash modernizing mines. At the point when men from the war returned home they found the guara ntees made by Lloyd George were not met and if men have been battling for their nation for a long time they are set up to battle for their occupations and ways of life at home. There are some drawn out variables, these are; conditions and pay of excavators, at the hour of the General Strike a normal of two diggers were killed every day. Diggers were likewise experiencing sick wellbeing as a result of their work. Excavators contended they merited higher wages as a result of the dangers they took. Mine proprietors made millions while excavators were fortunate to procure 50p per day. Excavators felt they were by and large unjustifiably rewarded. Another drawn out reason was the Sankey Commission. In 1919 the Government framed a Royal Commission to investigate the issues of the coal mining industry. Ruler Sankey drove this commission, yet it neglected to think of an answer for the issues of the diggers. Most individuals supported nationalization however the Prime Minister, Lloyd George, would not nationalize the mines. The decrease of the coal, mining industry was a significant one, during the decay of the mining business proprietors needed to expand hours and lower wages to look after benefits. Others were, Change of disposition after the war and nationalization. A mainstream thought among exchange unionists right now was syndicalism this was the conviction that few worker's organizations ought to take to the streets together to carry the nation to a stop thus assume control over the Government for working individuals. The Miners Union chose to expand their quality by consolidating with railwaymen and transport laborers in a triple union. A strike in one of ventures implied the other two would stop fill in also, so it appeared to be reasonable for them to combine and increment their qualities. A strike of three enterprises will greaterly affect the nation and government than just a single industry protesting. It will be more earnestly for the administration to keep the nation running, so they will need to surrender to their requests. In principle this was an extraordinary arrangement. During the 1920s in Britain, there was a lot of modern discontent. It started with the diggers. As of now examined, the coal business was in decay, since 1918. This implied mine proprietors needed to expand hours and give less compensation to prop benefits up. They made an effort not to purchase new hardware or improve mines, as this would consume their benefits. In 1920 mine proprietors told excavators their wages would be diminished. The excavators chose to go on a hit with different individuals from the tripe coalition (the National Union of Railway Men and the Transport and General Workers Union). It was comprehended that these two associations would join the diggers in a compassion strike. Yet, on Friday fifteenth April the two associations chose not to help the excavators and would not take to the streets. The diggers called this Black Friday. It was a debacle for themselves and other worker's organizations. The excavators took to the streets alone yet were crushed, they needed to return to work for even lower compensation. Later different businesses, for example, shipyards, printers and railroad laborers had to acknowledge lower compensation. The associations had taken in their exercise structure Black Friday; an annihilation for one association was a destruction for all. Later on they vowed to stand together. In 1925, coal costs fell once more and proprietors needed to cut wages similarly as they had done in 1921 however the excavators were prepared to strike building up the trademark, Not a penny off the compensation, not a moment on the day. This time different enterprises took to the streets with the diggers. The Government werent prepared for a General Strike so they brought themselves time purchase giving the mine proprietors a sponsorship of  £10 million, to keep compensation at a similar level as they were before the pay cuts were made. This occasion got known as Red (Friday 31st July 1925) and was viewed as an absolute accomplishment for the c ommon laborers. It additionally indicated what could be accomplished if the Trade Unions cooperated. Be that as it may, it was reported the sponsorship would just most recent 9 months enough an ideal opportunity for the Government to get ready for a General Strike, if there was one when the appropriation finished. The Government set up a commission called the Samuel Commission, headed by Sir Herbert Samuel to manage the issues of the coal mining industry. The momentary reason for the General strike was the Samuel Commission; the commission dismissed nationalization and said the administration should end the endowment. It consented to wage cuts and said working days ought to be 7/8 hours in length. The report sided totally with the mine proprietors since the entire commission was comprised of rich industrialists. The Government promptly reacted to the Samuel Commission. They proclaimed the endowment would end on 30th April 1926. The proprietors expanded the hours and decreased wages by 10-25% with the help of the administration. Numerous gatherings were held however no understanding was made so on May first 1926 the diggers took to the streets for better compensation and conditions. The legislature had been getting ready for the strike for quite a while. They manufactured coal stocks to keep going for 5 months, expanded the quantity of exceptional constables from 98,000 to 226,000, drew up definite directions for the military, naval force and police to monitor docks, phones trades and influence stations, offered cash to the proprietors of haulage firms to put 200,000 vehicles at the Governments removal and set up the OMS . The OMS was a gathering of around 100,000 volunteers who emptied load from ships, drove transports and prepares. Individuals joined the OMS for various reasons. The white collar class thought the strike was a danger to them and an endeavor to destroy the nation financially. Others joined for money related reasons, the Government paid constables  £2.31 per week in addition to food. The diggers were protesting declining to acknowledge wages of  £1.58. The TUC (Trade Union Council) burned through their time. They never anticipated that the Go vernment should permit a General strike to occur. The diggers made their positions more vulnerable by getting a record level of coal yield. This made it simpler for the Government to load up on coal holds. At the point when the General Strike started the TUC chose to draw out the laborers in key enterprises railwaymen, transport laborers, dockers, printers, developers and iron and steel laborers. Almost 3 million men were removed from work. Also, later others like, the designers and shipyard laborers can be gotten out. In London, at the home office of the TUC, there was far less confidence than the laborers who were set up to remain out as long as it takes. There appeared to be little solidarity between worker's guild heads. The Government were happy to allow the strike to proceed, as they were readied and sure they could last longer than the Trade Unions. The TUC had guaranteed their help if an understanding was neglected to be reached. So extraordinary endeavors were made by the TUC to agree with the Government and mine proprietors to forestall a general strike. The conversations went on late into Sunday evening (May third) and as per the principle TUC arbitrator an understanding was close when the Prime Minister, Stanley Baldwin, severed the discussions with the TUC. The explanation behind this activity was that the printers at the Daily Mail paper had would not print an article about the strike the Government had arranged. They were thoughtful to the excavators. The TUC apologized however Baldwin declined to re-open talks. Baldwin realized he could win, they had arranged for the strike and knew the TUC couldnt keep going that long. In any case, in light of the breakdown in refutations, the TUC sent strike invalidations to the Transport, Railway, Dock, Print, Electric and Steel and Chemical specialists. The General Strike started on Monday fourth 1926. The TUC contended that the diggers were confronting longer hours with lower pay, forced by mine proprietors to keep benefits up. They said it was an Industrial Dispute among supervisors and their laborers. The TUC additionally accepted if the diggers were crushed it would prompt lower compensation for all laborers. It was a battle for all regular workers individuals not simply the mining network. The Government contended this was a Constitutional issue and that the Trade Unions were developing their solidarity to oust the Government. The Government did this to stress individuals and get them to agree with the Government and it worked. Generally it very well may be seen that the TUC just needed better compensation and conditions. They were not requiring a communist disclosure to over toss the legislature. The General Strike in 1926 began as a result of the states of the diggers. Different specialists acknowledged whether they didnt bolster the diggers their managers may bring down their wages realizing nothing will be done as they had beforehand observe

Digestion and Enzymes free essay sample

Similarly amylase Is a particular catalyst utilized for starch substrates. In our test, our substrate is starch thus our protein is amylase. I believe that amylase won't work appropriately when warmed at 100C in light of the fact that catalysts need heat for the particles to increase active vitality and slam into one another. At100C, compounds dont move as quick as could reasonably be expected if the temperature is expanded, and subsequently the crash and the response dont occur. Be that as it may, on the off chance that the temperature is Increased over its ideal temperature, at that point the chemicals become denatured. The breaking of a substrate occurs, when a substrate atom fits inside its particular catalyst olecule, so when a protein particle gets denatured, the 3D state of the compound atom changes thus the substrate can not, at this point inside the dynamic site of the chemical particle because of its denatured shape. So I figure the amylase may get denatured when warmed at 800C and therefore It wont have the option to work. We will compose a custom article test on Absorption and Enzymes or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page This discloses to me that amylase will work the best at 400C as It may be amylases ideal temperature. Factors: I will change the temperature, at which the arrangement Is warmed. I will quantify the time it takes for the shade of starch and iodine blend to vanish. The Independent ariable In this test will be the temperature and the needy variable time taken between the blending of amylase and starch arrangements and the finish of the test. The control factors will be: Volume of amylase arrangement in each test tube The volume of amylase arrangement In each test tube should be a steady number, in such a case that there Is diverse measure of amylase In each test cylinder would make It an out of line test as the test tube with pretty much amylase may respond distinctive to various temperatures. So a particular measure of amylase ought to be utilized in every one of the test tubes. H esteem: Change in pH can dramatically affect the pace of amylase - catalyzed response. This impact of pH Is on the grounds that the structure ofa protein Is kept up by varlous Donas wltnln tne tnree-almenslonal structure 0T tne proteln. A cnange 0T pH from the ideal qualities changes the holding designs, dynamically changing the state of the particles. In the event that the particles are denatured, the response can't occur, the outcome will get problematic. pH worth will be another free factor in the event that it isn't controlled. Utilizing pH test strips to test the pH estimation of amylase arrangement and tarch arrangement before the investigation can be useful. Convergence of amylase arrangement in each test tube Concentration of amylase arrangement in each test cylinder ought to be the equivalent. In the event that the volume of amylase arrangement is same in each test tube, the lower focus implies that there are less amylase particles in that tube. In the event that the amylase atoms are insufficient to join with starch particles, starch can't be totally separated, the blended arrangement may at present seem blue-dark shading. In this way, it will influence our outcome in the event that it isn't controlled. Convergence of starch arrangement in each test tube Concentration of starch arrangement is the substrate fixation. As the substrate focus builds, the pace of response increments until every single dynamic site occupied with catalysis. To keep Concentration of starch arrangement from being a factor of changing the pace of response, it must be controlled. Water level in shower Amount of iodine. Hardware: Test Tubes x6 Beaker Pipette hole Tile Ice blocks Water Bath Goggles Gloves Lab Coat Measuring Cylinder Stop Watch Iodine Amylase arrangement Starch. All inclusive Indicator. Bunsen Burner 1. Take 5ml of amylase and include it into a test cylinder and include 5ml of starch arrangement into nother test tube. 2. Ensure that the amylase arrangement and starch arrangement you utilized in this examination must have an unbiased pH, you may test the pH esteems by utilizing pH all inclusive marker. This should be possible when before 3. Scrub down and include water and hold up till the temperature arrives at 40 C. . When the temperature is 40 C, place the two test tubes in a water shower for two minutes. 5. In the mean time take a cavity tile and include a drop of iodine in every depression. 6. Empty the amylase arrangement into the container of starch arrangement. Mix well utilizing a pipette. 7. Utilizing the pipette, evacuate a little mount of the blend and add a drop to the iod ine arrangement in the depression tile 8. Rehash the iodine test at interims of two minutes, washing the pipette with refined water between each test until the blend neglects to give a blue/dark shading with iodine. 9. Record the absolute time taken between the blending of amylase and starch arrangements and the finish of the test. This is the time taken for all the starch to be processed by amylase at 40 C 10. Rehash the entire examination at different temperatures (10 C and 60 C) For temperatures higher than the room temperature utilizing a water shower and when he required temperature is arrived at evacuate the Bunsen burner. Delicate warming at interims might be important to keep up the temperature of the water shower. For the temperatures lower than the room temperature, use ice shapes to cut the temperature down. It is significant that for every one of these examinations the amylase and the starch arrangements are warmed or cooled to the necessary temperature before blending them. I will test 10 C, 40 C and 60 C and I will rehash my test multiple times so as to get reasonable and dependable outcomes. Hazard Assessment: Risk Hazard How to forestall it? Starch arrangement or iodine. May get at you. Wear goggles. Some water washes are exceptionally hot. Can consume your hand or some other pieces of your body. Dont legitimately contact the water inside the water washes. Utilizing a rack to put test tubes into the water washes. Water and power. In the event that water is spilled on a close by switch, it can shock the individual. Keep containers, test cylinders and water shower away from any electrical hardware. Breaking a test tube. Glass pieces can be unsafe to individuals and to you. Keep the hardware in the work area and not close to the edges of the table. Additionally try to stand ana ao tne test . unlversal Inalcator. On the off chance that interacts with eye, may cause eye aggravation. In the event that interacts with skin, may cause skin disturbance. Whenever gulped, can cause visual impairment and queasiness. Wear gloves while holding the widespread pointer. Wear goggles to stop the contact with your eyes. Report the educator quickly if accidently gulped. Hair. It can get dunked into synthetic substances and may harm your hair. It makes it hard to see, mentioning exact estimations and objective facts practically unimaginable. Tie your hair back. Spilling substance over your body. Can harm your garments and may potentially interact with your skin which can be unsafe and may harm your skin. Wear Lab coat. Not tidying up the zone once the test is done. Interacting with synthetics. It might be hurtful for somebody who doesn't know about the investigation and may accidentally interact with unsafe synthetic concoctions or may stumble over the hardware causing lethal wounds. Tidy up the test spot and wash your hands to dodge others getting any further contact with synthetic germs. Squashed ice can harm your hands. Harm your hand. Wear security gloves.

Decoding SIPA Courses for Prospective Students COLUMBIA UNIVERSITY - SIPA Admissions Blog

Decoding SIPA Courses for Prospective Students COLUMBIA UNIVERSITY - SIPA Admissions Blog When I was looking at graduate schools, I wanted to know what my course load would look like and what electives I would be able to take. I didn’t want to be stuck taking two years of core classes and I wanted to make sure there were elective classes that suited my interests. Here’s the guide for past-Julia on how to decipher SIPA’s courses. All students must fulfill their “core requirement” courses which include Microeconomics, Macroeconomics, Quantitative Analysis I, Financial Management, and Management. Students will also need to take a Professional Development course, internship, and complete a capstone project which usually takes place second year, last semester. Students can take up to 18 credits per semester, though most take around 16 credits. You can view sample course schedules in each Concentration’s “Sample Path” or “Sample Program” tab (Eg: Energy and Environment’s sample path, Economic and Political Development’s sample program) All prospective students can find SIPA’s list of courses here. You can then filter for semester as well as degree programs, concentrations, and specializations if you click “advanced search criteria”. Clicking on the blue plus button on the left of the course title, you will be able to find the course description, professor, and time/location of class. Key notes on searching for classes: Students who are in the MPA and MIA program are blocked from registering for EMPA courses (Executive MPA program) There are 3 credit courses and 1.5 credit courses. 1.5 credit courses are usually half-semester courses or courses that are completed in two weekends. Enrolled students will be able to find past course syllabus and evaluations. Not all courses are offered every semester or every year. As you’re completing your application for SIPA, take a look at the courses we have to offer, and if you can,  sign up to sit in on one or two! Note from Admissions: As Julia mentioned, class visits are open. You can sit in on up to two SIPA classes and get a feel for the classroom experience and community. Sign up soon as seats are first come, first serve.

Utilitarianism And The Other One Is By Immanuel Kant And...

he question about whether utilitarianism or Kantianism gives a more accurate understanding for our moral obligations is brought up there are two different arguments. One argument by Jeremy Bentham, John Stuart Mills and Andrew Gustafson is in favor of utilitarianism and the other one is by Immanuel Kant and Norman E. Bowie, which is in favor of Kantianism. With more information and knowledge on the two ethical theories, you will realize that Kantianism gives a more accurate understanding for our moral obligations. Utilitarianism is an action or practice that leads to the best possible outcome or consequence for all affected parties. To make that definition even easier to understand, it states that when the question regarding what a person†¦show more content†¦Moreover Mills expresses that it is an unquestionable fact that, given equals access to all kinds of pleasures, people will prefer those that appeal higher (Ethical Theory and Business Practice, 2012). For example, a well-educated person would not choose to become unintelligent and a human being would not choose to become a rock. Overall utilitarianism is an ethical theory based on the consequences of any given situation and the purpose of this theory is to maximize pleasure while avoiding any harm. By knowing more about utilitarianism and what the essential features are how could this ethical theory be applied to the practice of business? If a business applies utilitarianism to the practice then they are trying to bring about the greatest happiness to the largest population in an organization. They are not only concerned with the short-term goals, but also looking forward to the future and what could potentially help them maintain the highest degree throughout. Higher pleasures are often lost due to the fact that people do not take time to strengthen them or we focus on the lower pleasures. The same thing happens in business practice. According to Gustafson (n.d.), when faced with the options of choosing what are the higher pleasures to maximize, a business may look at these four questions for guidance: 1. Which option would one well acquainted with both most likely choose? 2. Which option is unique to humans, and not a mere animal pleasure? 3. Which option

Euthanasia Essay - 1393 Words

Euthanasia The term Euthanasia comes from the Greek word for easy death. It is the one of the most public policy issues being debated about today. Formally called mercy killing, euthanasia is the act of purposely making or helping someone die, instead of allowing nature to take its course. Basically euthanasia means killing in the name of compassion. Euthanasia, can be either voluntary, passive, or positive, Voluntary involves a request by the dying patient or their legal representative. Passive involves, doing nothing to prevent death - allowing someone to die. Positive involves taking deliberate action to cause a death. Euthanasia, at the moment is illegal throughout the world†¦show more content†¦People do have the right to commit suicide, although it is a tragic and individual act. However euthanasia is not suicide. It is not a private act, you have the support of family and friends. Euthanasia is about letting a person assist anothers death to save them from long painful deaths . Many people argue, however, that a person who is terminally ill may make a miraculous recovery - it has happened in the past. Most terminally ill people whose pain and sufferings are relieved by excellent care, given by hospices, hospitals and GPs do not require making decisions about euthanasia. It is only needed for those whose pain is not relived with any form of care or whose bodily disintegration is beyond bearing. Medical advances in recent years have made it possible to keep terminally ill people alive for beyond a length of time, without any hope of recovery or improvement. For this reason the living ill has come into use in the USA as part of the right-to-die principle. Most states now legally allow the making of such wills that instruct, GPs etc., to suspend treatment or refuse life-support measures in hopeless cases. A pro-longed life is intolerable for people with a condition, which leaves the brain alert but eventually shuts down all bodily functions and skills of communicating. How can people be expected to live like this? For people like this and alsoShow MoreRelatedEuthanasia Essay : Euthanasia And Euthanasia863 Words   |  4 PagesThis is why Euthanasia is important and summarizing the research that I found on Euthanasia. Euthanasia is important because there is a lot of arguments about Euthanasia. Some people support it and some people do not support Euthanasia (Euthanasia and assisted suicide- Arguments). Euthanasia allows people to be free from physical pain. It is the hastening of death of a patient to prevent further sufferings (Euthanasia Revisited). The religious argument states God chooses when human life ends. EuthanasiaRead MoreEuthanasia Essays : Euthanasia And Euthanasia1432 Words   |  6 PagesDoes euthanasia assists patients to die with dignity? From fresh to dying, is the humanity multiplies the development natural law. Along with medicine progress and life enhancement, the people besides pay attention to eugenics, simultaneous starts to pay attention to the euthanasia. Since this century 50 ages, regarding euthanasia, many countries’ medical arenas, educational world, and ethical groups have been arguing about the euthanasia argument for many years, although many person of ideas haveRead MoreThe Debate Of Euthanasia And Euthanasia1429 Words   |  6 PagesINTRODUCTION: The debate of euthanasia is an ongoing one that’s shrouded with much controversy and ambiguity regarding the ethics of it in contemporary Australian society. However, the frequency of this topic being debated by physicians, influential figures and the media has become more prominent now than ever. In particular, in association with its impending legislation within Australian states. (The Royal Australian and New Zealand College of Psychiatrists,2012) Various types of euthanasia are recognised,Read MoreEuthanasia Essay : Euthanasia And Euthanasia Essay1223 Words   |  5 Pages Euthanasia James Dudley Euthanasia continues to be an ongoing issue in modern society. Over the course of history, there has been a multitude of debates that have tried to justify assisted suicide, or euthanasia. Gallup’s study in 2013 openly shows this statistic by showing that over 75 percent of Americans trust that euthanasia should be acceptable. However, what Americans don’t comprehend is that making any form of euthanasia legal infringes upon the right to life as stated in the constitutionRead MoreThe Issue Of Euthanasia And Euthanasia2073 Words   |  9 Pageslife is beyond toleration or they feel as though there is no point to living, the issue of euthanasia often arises. Euthanasia is technically defined as â€Å"the act or practice of killing someone who is very sick or injured in order to prevent any more suffering†. In america people have the right to end their life. The topic of euthanasia is one that is highly disputed among people over the world.† Euthanasia means killing someone who is very sick to prevent more suffering† (Weaver 1). An example ofRead MoreEuthanasi Euthanasia And Euthanasia1515 Words   |  7 Pagesetymology of the word ‘euthanasia’ originates from the Greek language which has a literal meaning of â€Å"good death†. Other names for euthanasia are ‘assisted suicide’ and ‘mercy killing’. Euthanasia is done when the person is suffering from a terminal illness such as cancer, and then steps are taken to end the person’s life so that they no longer have to suffer. [Helga Kuhse. July 1992. Bioethics News. The World Federation of Right to Die Societies. http://www.worldrtd.net/euthanasia-fact-sheet. AccessedRead MoreEuthanasia And The Death Of Euthanasia1351 Words   |  6 Pagesfor the dying who request euthanasia to be able to end their suffering. Euthanasia is con sidered a â€Å"gentle and easy death† because it comes from the Greek words, Eu meaning good and Thanatosis meaning death. Euthanasia is illegal in most of the United States. However, assisted suicide, is legal in six different states. The states that assisted suicide is legal in are California, Oregon, Colorado, Washington DC, Vermont and Washington. The key difference between euthanasia and assisted suicide is whoRead MoreEuthanasia Essay : The Euthanasia989 Words   |  4 Pagesthe euthanasia process and what to expect. The euthanasia can take place in the privacy of your own home or you may choose to have it done at your veterinarian’s office. Your veterinarian may offer at home euthanasia or you may be able to locate a veterinary service that does at home euthanasia such as Home To Heaven. This is a personal choice and should be made with you and your pet’s comfort in mind. Additionally, you may want to decide if you wish to be present during the eu thanasia. SomeRead MoreEuthanasi Euthanasia And Euthanasia861 Words   |  4 PagesEuthanasia, the practice of medically terminating life in order to relieve pain and suffering of a patient, has been a complex and controversial topic since its conception. In ancient Greece and Rome attitudes toward active euthanasia, and suicide had tended to be tolerant. However, the rise of the Christian faith reinforced the views of the Hippocratic Oath, a swearing of ethical conduct historically taken by physicians. This shift concluded a medical consensus in opposition of euthanasia. IssuesRead MoreThe Debate About Euthanasia And Euthanasia1631 Words   |  7 PagesThe debates about euthanasia date all the way back to the 12th century. During this time, Christian values increased the public’s opinion against euthanasia. The church taught its followers that euthanasia not only injured individual people and their communities, but also violated God’s authority over life. This idea spread far and wide throughout the public until the 18th century when the renaissance and reformation writers attacked the church and its teachings. However, the public did not pay much

Performance Evaluation of a Private Bank Free Essays

[pic] [pic] [pic] [pic] [pic] An Assignment On Performance Evaluation of a Private Bank IFIC Bank as a private bank in the private sector of Bangladesh. Prepared For: Narzia Florin Lecturer, Dept. of Business Administration Prepared By: Saleh Ahmed BBA – 02406160 24th GI Dept. We will write a custom essay sample on Performance Evaluation of a Private Bank or any similar topic only for you Order Now of Business Administration Stamford University Bangladesh. Submission Date: 15th May 2006 Letter of Transmittal Dated: May 15, 2006 Narzia Florin Lecturer, Dept. of Business Administration Subject: Submission of report on performance evaluation of a private commercial bank. Dear Madam, It has been a great pleasure to submit the report on performance evaluation of a private commercial bank. You are aware that I collected information on a private commercial bank. I choose IFIC Bank for the report purpose. I am fortunate enough that I got all those information necessary for the assignment purpose. I believe that this assignment has given me a great experience to me and it has enriched both my knowledge and experience. I tried my best to prove my skills while preparing this report. I cordially seek your kind advice or suggestion regarding my mistake which will help me in my practical and theoretical works in the days to come. Sincerely yours, Saleh Ahmed BBA – 02406160 24th GI Table of Contents ? Executive Summary. ? Profile of IFIC Bank. ? BANK’S MISSION: Quest for Excellence. ? The bank in a sketch. ? Ownership Structure. ? Financial Position. ? Product Services. ? Human Resources Development. ? Rates of Deposit Schemes. ? Conclusion. Executive Summary: In this report on the Performance Evaluation of a private bank as IFIC bank, I collect the necessary information from its web site, catalog, bossier and personally by information collection. I found that these private companies are very competitive and want to capture the vast market of Bangladesh at any cost. So they provide various types of product and services. I also found that the companies counterattack their competitors by their offers. Some gives high or low interest rate, new facilities etc†¦ Every company has their own strategy to capture the market. In my report I tried to include most of IFIC bank’s product, services and facilities. Though I have some limitations I tried my best to show the Performance Evaluation of IFIC bank as a private bank. BANK’S MISSION: Quest for Excellence Our Mission is to provide service to our clients with the help of a skilled and dedicated workforce whose creative talents, innovative actions and competitive edge make our position unique in giving quality service to all institutions and individuals that we care for. We are committed to the welfare and economic prosperity of the people and the community, for we drive from them our inspiration and drive for onward progress to prosperity. We want to be the leader among banks in Bangladesh and make our indelible mark as an active partner in regional banking operating beyond the national boundary. In an intensely competitive and complex financial and business environment, we particularly focus on growth and profitability of all concerned. THE BANK IN A SKETCH: International Finance Investment and Commerce (IFIC) Bank Limited started banking operations on June 24, 1983. Prior to that it was set up in 1976 as a joint venture finance company at the instance of the Government of the People’s Republic of Bangladesh. Government then held 49 percent shares while the sponsors and general public held the rest. The objectives of the finance company were to establish joint venture Banks Finance Companies and affiliates abroad and to carry out normal functions of a finance company at home. When the Government decided to open up banking in the private sector in 1983, the above finance company was converted into a full-fledged commercial Bank. Along with this, the Government also allowed four other commercial Banks in the private sector. Subsequently, the Government denationalized two Banks, which were then fully Government-owned. While in all these Banks Government held nominal 5 percent shares, an exception was made in the case of this Bank. It retained 40 percent shares of the Bank. The decision by the Government to retain 40 percent shares in IFIC Bank was in pursuance of the original objectives, namely, promotion of joint participation of Government and private sponsors to establish joint venture Banks, financial companies, branches and affiliates abroad. Ownership Structure BOARD OF DIRECTORS: Board of Directors of the Bank is a unique combination of both private and Government sector experience. Currently it consists of Ten Directors. Of them five represent the sponsors and general public and four senior officials in the rank and status of joint secretary/Additional Secretary represent the Government. Managing Director is the ex-officio Director of the Board. |Elected Directors | |Representing ‘A’ Class Shareholders | |01 |Mr. Manzurul Islam |Chairman | |02 |Mr. Saiful Islam |Director | |03 |Mr. Abul Matin Khan |Director | |04 |Mr. Abdul Hamid Chowdhury |Director | |05 |Mr. A. R. Malik |Director | |   | |Nominated Directors | |Representing ‘B’ Class Shareholders | |(Government of Bangladesh) | |06 |Mr. Mohammad Janibul Huq |Director | |07 |Mr. ATM Ataur Rahman |Director | |08 |Dr. Chowdhury Saleh Ahmed |Director | |09 |Mr. Md. Mokhles ur Rahman |Director | |   | |10 |Mr. Mashiur Rahman |Managing Director | Financial Position CAPITAL RESERVES: The bank started with an authorized capital of Tk. 100. 00 million in 1983. Paid-up capital was then Tk. 71. 50 million only. Over the last Twenty One years, the authorized paid-up capital has increased substantially. Authorized capital was Tk. 500. 00 million and the paid-up capital stood at Tk. 406. 39 million as on December 31, 2004. The Bank has built up a strong reserve base over the years. In last twenty one years its reserves and surplus have increased significantly. This consistent policy of building up reserves has enabled the bank to maintain a better capital adequacy ratio as compared to others. With the active support and guidance from the Government, the bank has been showing a steady and improved performance. In its twenty One years of operations, the bank has earned the status of a leading bank in terms of both business and goodwill. Starting with a modest deposit of only Tk. 863. 40 million in 1983 the bank has closed its business with Tk. 20, 774. 49 million of deposit as on December 31, 2004. The annual growth rate has mostly been higher compared to both banking sector growth and individual growth rates achieved by others. As against a profit of Tk. 21. 94 million in 1984, the bank earned a record profit of Tk. 700. 25 million for the year ended on December 31, 2004. PRODUCT SERVICES Presently 5 (five) products/services have already been launched in the market: A. Pension Saving Scheme (PSS) B. Monthly Income Scheme (MIS) C. Tele Banking / Tele Link D. Death Risk Benefit Scheme (DRBS) E. Consumer Credit Scheme (CCS) A. Pension Saving Scheme (PSS): 1. Name of the Scheme: Pension Saving Scheme . Delivery Points: 62 Branches 3. Highlight of the product: Duration of the Account: 5 (five) Years 10 (ten) Years Monthly Installments: Tk. 500 or Tk. 1000 or Tk. 2000 Payment after Maturity: | |PAYMENT AFTER MATURITY | | |5 YEARS |10 YEARS | |INSTALLMENT |WITHOUT BONUS |BONUS |WITH BONUS |WITHOUT BONUS |BONUS |WITH BONUS | |Tk. 00 |36265/- |1500/- |37765/- |93050/- |3000/- |9605 0/- | |Tk. 1000 |72530/- |3000/- |75530/- |186100/- |6000/- |192100/- | |Tk. 2000 |145060/- |6000/- |151060/- |372200/- |12000/- |384200/- | Eligibility for PSS Account: A person of 18 years of age and above having a sound mind will be eligible to open an account in his/her own name. Bonus Payment: If the account holder, from commencement to maturity of term, pays all the monthly installments in time (i. e. within 10th day of each month) and never defaults in paying monthly installments, the account holder will receive extra bonus payment equivalent to 3 (three) times of monthly installment for 5 years term and 6 (Six) times of monthly installment for 10 years term. Income Tax Rebate: Under this Scheme, income tax rebate will be available on the total amount payable i. e. after maturity of deposited amount; such amount will also be income tax free. Monthly installments to PSS will also qualify for showing as investments (like provident fund) in yearly Income Tax Return. Payment of Pension: One can receive the entire deposited amount with interest at a time or receive a pension on monthly basis at a desirable amount of monthly installments. B . Monthly Income Scheme (MIS): 1. Name of the Scheme: Monthly Income Scheme. 2. Delivery Points: 62 Branches. 3. Highlight of the product: 4. Duration of the Account: 5 Years (Deposited principal amount will be returned on maturity). 6. Amount to be Deposited: Tk. 50000/- and it’s multiple. 7. Payment after Maturity:Tk. 450/- and it’s multiple. Procedures for paying monthly income: The payment of monthly income will start from the subsequent month after a clear minimum gap of 1 (one) month from the date of deposit. If an account is opened on 7th of any month, monthly income will be paid on 7th of the subsequent month. The account holder will receive monthly income in any SB/CD account of same name maintained with the branch. In case, the account holder does not have any SB/CD account with the Branch, he/she/they will have to open a SB/CD account for receiving the monthly income. The minimum balance requirement will be waived for these types of accounts for a new customer. However, a minimum initial deposit of Tk. 500/- will have to be deposited. This procedure will eliminate the hassle of coming to the Bank Branch for taking interest every month. Eligibility for Monthly Income Scheme: A person of 18 years of age and above having a sound mind will be eligible to open an account in his/her own name. A person can open more than one account in his/her/their name in the same Branch or any Branch of the Bank. C. Tele Link/Tele Banking: 1. Name of the Scheme: Tele Link or Tele Banking. . Delivery Points: Gulshan, Federation, Dhanmondi, Motijheel Branches. 3. Basic Features of the Product: Phone Banking is a fast convenient and easy to use service that will complement one’s lifestyle and keep one in complete control of his banking. One can access all the Telelink services at any time, day or night, from anywhere. It is far more convenient than traditional ban king. Telelink is really simple to use. One can just dial our phone number from anywhere and an automated computerized voice response will guide him step by steps through his transactions. Confidentiality: A customer is given a 6 digit Registration Number when he applies for Telelink that will ensure total confidentiality of his account information. When the customer chooses to obtain specific information about his account, he will have to use his Registration Number and the confidential Personal Identification Number (PIN) by pressing the number keys on his phone. Banking Services Supported by Telelink: A. Transactions Relating to Transfer of funds from one account to another B. Inquiries relating to †¢ account balances †¢ transaction details †¢ exchange rates †¢ interest rate information †¢ products and services †¢ remittances C. Requests for †¢ balance certificates †¢ account statement †¢ 7-days withdrawal notice on accounts †¢ cheque books/pay order/drafts †¢ renewing or opening of fixed deposits †¢ assistance for opening other accounts In addition, the service can also deal with lost cheque books and credit cards, change of address and stopping of payment. Fees: We are not charging any fees for this technical service but the facility has been offered to Saving Bank customers with a minimum balance of Tk. 50,000/-, to Current Deposit Account customers and STD customers with a minimum balance of Tk. 100, 000/-. D. Death Risk Benefit Scheme (DRBS) . Name of the Scheme: Death Risk Benefit Scheme. 2. Delivery Points: 62 Branches. 3. Basic Features of Scheme: IFIC Bank’s Death Risk Benefit Scheme offers its Savings Bank Account holders’ interest on savings, a lump sum amount and some peace of mind – three in one benefits at no extra cost! Benefits of Scheme: Death Risk benefits in lump sum amount to nominee(s)/heir(s) on the death of an account holder. Eligibility Criteria: Account must be maintained for a period of minimum one-year before the death of the account holder. At the time of death, the customer must have been within the age group of 18 to 50 years. The account must have been opened with a minimum deposit of Tk. 5000 in case of new accounts. (Since 1-8-97). Average balance of Tk. 10,000/- minimum must be maintained within one-year period prior to the death of the Account Holder. Extent of Benefit 50% of the average balances of the account for one-year period prior to the death of the account holder or Tk. 100,000 whichever is lower. Account balance exceeding Tk. 10, 00,000/- will not be taken into consideration while calculating average balance for one year for the purpose of Death Risk Benefit. E. Consumer Credit Scheme (CCS): 1. Name of the Scheme: Consumer Credit Scheme. 2. Delivery Points: 62 Branches. 3. Highlight of the product: |Main Features |Particulars | |Selection Criteria / Who Can |A Self employed person of fixed income $ a confirmed or permanent service holder. | |apply | | |Products Eligible for Finance |Vehicles, Domestic Appliance, Office Equipment, Entertainment, Medical Expenses, Intangibles, etc. |Limit Range |Tk. 15,000 to Tk. 7,00,000 | |Repayment |By 12, 24, 36 or 48 equated monthly installments (EMI) depending on the loan amount. | |Interest Rate / Fees |Interest: | | |@ 16. 00% P. A. ithoutany tangible security and | | |@ 14. 50% P. A. where the loan is 100% secured with 20% margin against lien of FDR, MIS, PSS, Savings | | |Certificates issued from any Bank Financial Institution. | | |Service Charge: | | |For 1 and 2 Years term – 2% of the Loan amount (minimum Tk. 00/-) | | |For 3 Years term – 3% of the Loan amount | | |For 4 Years term – 4% of the Loan amou nt. | |Down Payment / Equity |Minimum 20% of the invoice value of the Consumer Products. | |Contribution |For Vehicles: 30% to 40% in Cash / Financial instruments.. | Q-cash: Q-cash is a new service provided by the IFIC Bank. In this quick cash service system there consumer can withdraw money easily in any time in exchange of a little yearly fee. This kind of services is very helpful for their current consumers and for their new consumers of their services. This kind of services is raising the living standard of people. For implementing this kind of new service we are grateful to IFIC Bank. HUMAN RESOURCES DEVELOPMENT Human Resources Development (HRD) activities aim at fulfilling the bank’s Mission. One of our four major missions is to: â€Å"Provide service to our clients with the help of a skilled and dedicated workforce whose creative talents, innovative actions and competitive edge make our position unique in iving quality service to all institutions and individuals that we care for. † Skilled and dedicated workforce with creative talents, innovative actions are not always readily available. Appreciating the scarcity of such manpower, the bank from the very beginning laid importance to HRD that conceptually includes activities like: pre-recruitment drill, recruitment, induction, training in the Academy, job rotation, placement posting, reward and promotion. All these activities are planned by the bank in an integrated way aiming at manpower with required amount of technical, managerial, human and conceptual skills. Management of IFIC Bank not only appreciates the need of skills required for day to day banking but also realizes the need for skills to meet the global national financial and economic environments that are changing fast. Meeting the needs of new skills arising out of Financial Sector Reforms Programme (FSRP) is also a major concern of the management. The bank, therefore, set up a Division namely HRD Division under a separate Group called Services Group-I. The Academy of the bank works under this group. The other Division, which works under the Services Group-I, is Planning, Research Statistics Division. Current News IFIC BANK JOINED SHARED ATM NETWORK IFIC Bank Ltd. and ITC Ltd. have signed a shared ATM network participation accord. . The Signing ceremony was held in presence of Mr. Ataul Haq, Managing Director of IFIC Bank Limited and Mr. Kutubuddin Ahmed, Chairman of ITCL and President of BGMEA. Executives and senior officials of IFIC Bank were also present on the occasion. In the process, the bank has joined a group local bank for introduction of shared ATM network. Automated teller Machine (ATM) with electronic device located at the bank branches or other convenient public locations extends 24 hours access to cash and other banking facilities to the customers without requiring to enter the branch or to wait in queues for cash withdrawal. This will establish the banks commitment for valued customers to bring a new era in banking services. Under this new facility, IFIC Bank will install few ATMs at its branch premises in Dhaka city. Similarly, few more units of off site ATMs will also be installed in some prominent public places in the city by the syndicate partners. GROUP OPERATION-I: Operations-I, a group segment of Head Office operation of the Bank mainly handles General Advance/ Credit Portfolio, Project finance excluding Overseas Operations of the Bank and Lease Financing. The Group is headed by Senior Executives having commendable professional knowledge and experience supported by a talent pool of MBA’s, Engineers, Economists, and Statisticians etc. with the blending of credit experience. GROUP STRUCTURE: A. Name of Group Executive/ In-Charge: Mr. Md. Ziaul Bari, Executive Vice President B. Functional Structure: The Group Comprises of 3 Divisions as under: i) General Credit Division ii) Project Finance Division iii) Lease Financing Division C. Area of Operation: i) General Credit Division a) Sanction Department: This department mainly handles Credit Portfolio of the Bank related to Working Capital and Trade Finance. Proposals of such nature are processed/appraised and disposed of by this department. The department is manned by a group of professionals from respective discipline with commendable banking experience as well as exposure in modern concept and technology. ) Credit Administration Department: The function of this department is to monitor credit portfolio of the Bank through physical inspection of various periodical returns, Audit/Inspection Report etc. with a view to maintaining a healthy asset base of the Bank. c) Credit Information Returns Department: This department deals in preparation of different periodical returns related to credit portfolio of the Bank for management information as well as for submission of information/data to Regulatory Body and various controlling agencies. The department also centrally handles all jobs relating to Loan Classification of the Bank. d) Ancillary Functions: The Group also handles various Loan Schemes for the employees of the Bank. ii) Project Finance Division: Project Finance Division is a shared resource center of the Bank which provides back office support to the branches – the marketing outlets of the Bank – in their endeavor to meet the credit needs of the corporate clients. The Division helps the corporate clients in their decision making for undertaking venture project or BMRE of the existing projects. It also assist them to structure their long term and short term finance and to raise fund from own source of the Bank or through syndication with other Banks. In case of difficult business situation and unexpected low turnover vis-a-vis poor performance of the clients, the Division offers customized solution through business and financial restructuring. The Division also provides counseling to the corporate clients for minimizing their business risks and optimizing growth in the context of rapid globalization. The Division so far financed 250 projects (New and BMRE) since 1996, major concentration being in textile sector – both export oriented and backward linkage units. Other mentionable sectors are Steel and Engineering, Cement, Real Estate, Consumer Products, Printing and Packaging, Hotels, Hospitals, Cold Storage etc. iii) Lease Finance Division: To assist bona-fide entrepreneurs acquire capital machinery and equipment increasing / up-grading productive capacity without trying up equity and to contribute to the industrial development of Bangladesh IFIC Bank Limited has introduced Lease Finance. For more please contact the Branches. RATES OF DEPOSIT SCHEMES |Deposit Schemes |Deposit Rates | |Savings (SB) |5. 0% | |Special Term Deposit (STD) |4. 00% | |Fixed Deposit |Rate of Interest | |Three Months |6. 75% – 7. 50% | |Six Months |7. 00% – 7. 5% | |One Year above |7. 25% – 8. 00% | * Figure in LAC Taka Conclusion: To prepare this report on Performance Evaluation of a private bank I collect information of many banks and finally select The IFIC bank to prepare this Performance Evaluation Report. For collecting information regarding different bank, I found that these private companies are very competitive and want to capture the vast market of Bangladesh at any cost. So they provide various types of product and services. I also found that the companies counterattack their competitors by their offers. Some gives high or low interest rate, new facilities etc†¦ Every company has their own strategy to capture the market. In my report I tried to include most of IFIC bank’s product, services and facilities. I tried to focus all their branches. In my opinion the bank provide many attractive facility to their customer but it should provide more service and product to its customer and must easy on its customer on there services. How to cite Performance Evaluation of a Private Bank, Papers

National Building and Construction Committee †MyAssignmenthelp.com

Question: Discuss about the National Building and Construction Committee. Answer: Introduction: This project lies in class 3 under the classification of the buildings. According to NCC 2016 section 2, part 3 sub-section 2, the fire fighting equipment should be able to detect the fire and initiate fighting mechanism automatically. The requirement requires that at least the fire equipment should be able to recognise the fire and enhance a fighting mechanism. In addition, volume 1 of the NCC 2016 and part E1 can offer further guidelines and requirements of the firefighting equipment. According to this section, parts EP1.1, the critical element which must be considered in installing the fire equipment include the size of fire compartment, the consideration of the buildings and their use and lastly the.likelihood of fire hazard occurrence. These requirements are vital to ensure that the fire hazards are mitigated well. In addition, fire hydrants and fire hose rails need to be provided. According to NCC 2016, part E1.3 and E1.4, any building with a more than 500-meter square, these r equirements should be provided. In addition, the part E1.4 section g, the water supply is key to ensure that is provided. According to this part, a pump or water storage or both should be provided to enhance the firefighting. The requirement should be provided according to AS 2441. Firefighting mechanism must be provided in areas where water supply is not enough according to such sections. Additionally, portable fire fighting mechanism should be provided to the structure. In the requirement, a minimum of 2.5 kg in size of the firefighting equipment should be provided for this arrangement. According to NCC 2016, smoke detection should be provided on the structure according to section E2.2a of volume one of NCC. In addition, a smoke control zone of at least one should be provided on the basements according to clause 4 of the BCA. The basement must also be provided with a sprinkler system according to E1.5 section of the NCC. This section requires that a minimum of an alternative method should be provided for the fire detection on the areas. The clause 6 of the BCA should be used to provide the specification which can be used in the provision of sprinkler systems as indicated on AS 1670.1. The basement alternative will be able to five alternative option s to the firefighting mechanisms for fire incidents. Moreover, the sprinkler detectors should be provided at least 20 m apart from each other and also not more than 10 meters from the basement wall. The spacing requirements play a critical role in ensuring that the firefighting is enhanced well. Emergency and passenger lift has to be fitted on such structure. The lift requirement is found on table E3.6a of the NCC. This section gives the different types of lifts which can be fitted on different structures. First, the electric passenger lift has no limit to its application on different sections of this structure. In addition, low rise low-speed lift can be fitted on this structure. This is according to the requirement found on table E3.6b of the NCC section. The sizes of the lifts are provided on this table to enhance the operations of the structure. Emergency lighting, exit signs and warning systems NCC volume 1 part E4.2 can provide different specification and requirement of the emergency lighting on the different architecture. Passways and corridors of the structure must be provided with proper emergency lighting according to this section. Section C is able to provide additional information and requirement on the spacing of the emergency lighting. E4.6, of the NCC volume 1 provides that the exit signs should be readily apparent to people living the building. Exit signs should be provided in strategic places such as corridors will enhance the evacuation. Warning systems should be enhanced to improve the address for calamities whenever they occur (Australia 2009). Photoluminescent signs should all be provided according to specification on E4.8. The warning signs should also conform with section 6 of the BCA 2006. According to NCC volume 1, part F1 provides the requirement on stormwater disposal in order to limit the effect of water. According to this section, surface water which is resulting from an average recurrence of the interval of 20 years, must be disposed of in a way which limits the effects of the building and structure being put on the site. In addition, the disposal should also not bring nuisance on the available structures in the neighbourhood while disposing of (National Conference on Communications, 2016). Any disposal must be able to ensure the safety of other structures as well as on the locations where stormwater control is taking place. Good flow of the sewer is one of the critical requirements which are provided on the NCC to enhance sanitation on the ground floor. Part F2 of NCC has been able to provide that enough drainage on the sanitary facilities on ground floor must be provided. According to BCA, the minimum heights of buildings are provided on part F3. This part provides that the minimum height of kitchen, laundry and likes should not be less than 2.1 meters. Part F3.1a is able to provide these provisions for the rooms heights. A bedroom in sole occupancy should have a minimum of 2.4 meters according to part b of the above section. Lighting and Ventilation BCA part F4 is able to provide the different requirements on the ventilation and lighting. This section specifies that rooms such as a bath which is located on Unit 35 on the eighth floor should have artificial lighting according to FP4.2. Free flow and of natural air should be allowed and be maintained at such rooms like this one under consideration. This is according to FP4.4. Contaminated air should be withdrawn with proper mechanisms to control nuisance to other sections. F4.4 provides that natural ventilation which is in line with F4.6 should be provided in such rooms. According to BCA and NCC, the ceiling should be able to control the sound transmission from the room. The section on part F5 of the NCC provides that the ceiling should not emit the sound from within the room to the other locations. The sound control will control the pollution factor of noise. The part F5 can provide the critical insulation and transmission are provided for different parts. The thermal insulation of the roof provided is that F5.2. The roof should be able to absorb any nuisance from other regions and fail to emit them to the environment. References Australia. 2009. A report for government by the National Building and Construction Committee, 1999. Canberra: Dept. of Industry, Science and Resources. National Conference on Communications. 2016. 2016 Twenty Second National Conference on Communications (NCC): 4th-6th March 2016 : venue: IIT Guwahati Assam, 781039, India. https://ieeexplore.ieee.org/servlet/opac?punumber=7556162. National construction code. 2016. Volume 1, Section E, Part E1 sub-section E1.3 Clause (b) Sub-clause ii (B) National construction code. 2016. Volume 1, Section E, Part E1 sub-section E1.6 Clause (a) Sub-clause ii (B) Volume 1, Section E, Part E2 sub-section E1.3 Clause (2) Sub-clause ii (B) Volume 1, Section E, Part E2 sub-section E2.2 Clause (2) Sub-clause ii (B) Volume 1, Section E, Part E2 sub-section E3.6 Clause (1) Sub-clause ii (D) Volume 1, Section E, Part E2 sub-section E3.6 Clause (2) Sub-clause b (B) Volume 1, Section E, Part E4 sub-section E4.5 Clause (a) Sub-clause iii Volume 1, Section E, Part E4, Sub-section E4.8, Clause (b) Volume 1, Section E, Part F2 sub-section F2.1 Clause (1) Sub-clause i Volume 1, Section F, Part F1 sub-section F1.7 Clause (b) Sub-clause ii Volume 1, Section F, Part F3 sub-section F3.1 Clause (2) Sub-clause a (2) Volume 1, Section F, Part F4 sub-section F4.2 Clause (2) Sub-clause ii (B) Volume 1, Section F, Part F4 sub-section F4.4 Clause (A) Sub-clause ii (C) Volume 1, Section F, Part F5 sub-section F5.2 Clause (B) Sub-clause ii Volume 1, Section F, Part F5 sub-section F5.3 Clause (b) Sub-clause i