Sunday, November 16, 2008

QT.....BY Madhavi

Be-by Pavani

Intenational Monetary Fund
For the cooperationn among the contrues to overcome the confllicts due to second world war.
Started in 1946 and commenced from March 1947 .Always provides loans to member countries for short periods.Affiliated to UNO.

Objectives::
*Promote international monetory coperation throujgh permanat institution
* to facilitate expansion of international trade
* to promote exchange stabiility.
* to provide multilatera convertability of currencies
*To help members with funds.

Functons::
* shor term credit term institution
* Reservoir of all currencies.
*Provides machinery for altering par value of the currency of member country sometimes.
Promotion and maintanance of highlevels of exployement
Operations Of Imf:-
* Provisions relating to lending operations
*Provisions relating to exchange stability.
* Provisions relating to exchange control operations.
*Provisions relating to fund's banking functions.
Role of IMF in the economic growth of developing countries:-
*Fiscal Affairs department from 1964 making advice to member countries relating to tax policy, budgetting
* Central banking advisory services -Technical advice to improve their central banks
*To solve current liquidity problem -it established SDR scheme.

IEV-Stress management by Chaitanya


Friday, November 14, 2008

14-11-2008



Today Chaithanya gave seminar on management process.Manasa expained theroy part of Financial Accountings . Govind explained on LAN and WAN definations.
Imp points:
from Chaithanya::
Management means" Getting things done by others"
management process cosists of Mainly Planning,Organizining,Directing,Staffing, Controlling.
1. Planning :" Where we are and were we want to go"
Example:If you want to go to your home from your collge, then you have to go to Bus stop for getting into bus to go to busstand then from bustand you have to take your desired bus to go to your home.So all this process invols some prelimenery steps to go to your home.This process is called PLANNING to go to your home.
2. Organizing: for achieving our goals we Put our plans together
3. Directing:Put in practising
4. Staffing:appointing correct pleople for achieving our goal(HRM department)
5. Controlling: Without planning there is no for cotrolling.In controling we will find defects in our palns and then impliment them with corrective actions or go for new plans.
Manasa::
If provisitions for baddebts given in adjustments then then
1.if new provisition is greater than the old then *1.P&L a/c Cr. *2.Blancesheet::(-)Provisitions for baddebts.
2.If old provistion is greater than then new then*1.P&L a/c Dr..*2.Balancesheet::(-)Provistions for baddebts.

Govinda Rajulu::
LAN::Local Area Network,
WAN::Wide Area Network
***Thanks for reading***

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Friday, November 7, 2008

Help to others


Help the people if you are able to help them.Don't say about your helping to others .when you receive help from others say about them who have helped you.my friend venkat told me that everything in this wold is cyclic process ,so if you help to others that help will reach you in future ."Mind is all ways waving towards many things but don't let it go away from your ambition"