Why have bread when you can have a schadenfreude

Boiled peanuts were the ceremonious gift

Territorial Army

It is a "Citizens' Army" to which all able-bodied persons between the ages of 18 and 35 are eligible for recruitment. The upper age limit is relaxable in case of ex-serviceman and those possessing the requisite technical qualifications. The Territorial Army provides an opportunity for the citizens to receive part-time military training so that, in times of necessity, they should be able to bear arms to defend the country. It is responsible for anti-aircraft and coastal defence and is also meant to relieve the regular army for the maintenance of internal peace. It is a second line of defence. The Territorial Army has units of Armoured corps, Artillery, Engineers, Signals, Infantry, Electrical and Mechanical Engineers and the Medical Corps. Service in the Territorial Army is considered as part-time employment and pay and allowances are admissible only during training and during attachment to Regular or Territorial Army.

Space Commission

The Department of Space and space commission were established in June 1972 with their headquarters in Banglore, for the purpose of rapid development in space technology and its application. The major establishment under the department of space are:
1. Vikram Sarabhai Space Centre (VSSC), Thumba near Trivandrum (KErala);
2. Sriharikota Range(SHAR) in Andhra Pradesh;
3. Space Application Centre at Thumba;
4. Physical Research Laboratory, Ahmedabad (Gujarat).

IT is engaged in the development of indigenous capability in advanced aerospace engineering, rockets and satellite as also the development of capability within the country for various other space applications using satellites including remote sensing, meteorology, geodesy and navigation and establishment of facilities required for these activities.

Classical Dances and Music of India

In this article i'm writing about the Classical dances and Music of INDIA.

The four main types of classical dances of India are,
1.Bharat Natyam
2.Kathak
3.Manipuri
4.Kathakali

Classical Schools of Dancing: In classical schools the following dances are prevalent. Bharatnatyam, a dance style of classical dancing in South India. Manipuri, a dance style of Manipur. Kathak, a dance style which has its origin in northern India. Kathakali, is a classical dance of Kerala. Odissi, a dance style of Orissa. Kuchipudi, a dance style of Andhra Pradesh.

There are two Classical Schools of Indian Music;
1.Hindustani School of the North and
2.Karnatic School of the South.

National Academies for Arts and Science in INDIA

In this article i am going write about the academies established by the Indian Government for encouragement of art, culture and literature.

Lalit Kala Akademi: It is developed to the promotion of the study and research in painting, sculpture, architecture and the applied arts.

Sangeet Natak Akademi: Its main task is the survey of and research in different art forms of India. It records and films the art forms. It organises and sponsors seminars and festivals to develop art. It also establishes new art institutions.

Sahitya Akademi: It aims at fostering and co-ordinating literary activities in all the Indian languages and thus to promote through them the cultural unity of the country.

Common teminologies: Part3

Ambassadors and High Commissioners: Ambassadors are diplomatic representatives of the ministerial rank posted by one country to another. When such envoys are exchanged between countries belonging to the Commonwealth, they are called High Commissioners.

Surety and Security: Surety means a personal undertaking to be bound for another, whereas security means a pledge and a guarantee, a right conferred on a creditor to make him sure of recovery. It may also mean bonds or certificates executed in evidence of debt or property.

Summons Case: A summons case is a case in which a person, irrespective of the fact whether he is accused of an offence or not is called upon to appear before any court or before any other officer having the authority to issue summons.

Warrant Case: A warrant case is a case in which a person accused of an offence is required to be arrested and produced in a court of law or such other authority as may be competent to issue a warrant or arrest.

Common teminologies: Part2

Share price: The market price of a unit of a company's equity capital is called share price. In a competitive market it is equal to the net present value of the expected future dividend. If annual dividend is devoted by 'D' and the rate of discount by 'i', the share price is equal to 'D' divided by 'i'.

i.e Share price = annual dividend D / rate of discount i.

Resource Crunch: When resources fall short of the estimated expenditure and the gap between the two keeps on widening, the government faces a resources crunch or crush.

Wealth effect: It signifies an increase in the aggregate expenditure due to a fall in the price level and the interest rates. When the prices or the interest rates fall, they induce a fall in demand which can be reversed by wealth affect.

Estate Duty: It is chargeable from the estate of a deceased person if such estate is valued over a certain amount and is payable before the estat passes on to the successors.