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FAQs
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Which is the best business to start?
The good business to start which are worth investing time and money are to start a franchise, they are best in light of the fact that most franchisors help franchisees build up a strategy for success. Numerous components of the arrangement are standard working techniques set up by the franchisor. Different parts of the arrangement are modified to the requirements of the franchisee. The most troublesome part of another business is its start-up. Scarcely any accomplished administrators think about how to set up another business since they just do it a couple of times. Be that as it may, a franchisor has a lot of experience collected from helping its franchisees with start-up. This experience will help diminish botches that are expensive in both cash and time. A franchisor ordinarily offers a few promoting points of interest. The franchisor can get ready and pay for the advancement of expert publicizing efforts. Local or national promoting done by the franchisor benefits all franchisees. What's more, the franchisor can give counsel about how to create compelling promoting programs for a neighborhood. This advantage for the most part has a cost in light of the fact that numerous franchisors require franchisees to contribute a level of their gross pay to a co-agent advertising store.It is conceivable to get help with financing another franchise through the franchisor. A franchisor will frequently make courses of action with a loaning foundation to loan cash to a franchisee. Loaning organizations locate that such plans can be very gainful and generally safe in light of the high achievement rate of establishment tasks. The franchisee should in any case acknowledge moral obligation regarding the advance, yet the franchisor's contribution as a rule improves the probability that an advance will be endorsed. An appealing component of most establishments is that they have a demonstrated arrangement of task. This framework has been created and refined by the franchisor. A franchisor with numerous franchisees will ordinarily have a very refined framework in light of the whole experience of every one of these activities.The best franchises I can suggest you now a days are Online services, They are the franchise options for many reasons, low cost and less initial space are the two important features of it.Look out for a company like Phixman. This company is India’s one of the best Online Mobile Repair Company, this is the best investment because smartphones are becoming a basic need in everyone’s life and we can’t live without our phone for a day. Phixman is the company that takes your smartphone from your doorstep, repairs it and then delivers it back to your doorstep, all you have to do is place your order. It is India’s one of the fastest growing franchises and is the best franchise to start in 2019.
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Can I create demat and trading accounts online?
Yes, you can create demat and trading accounts online. Very few brokers have started this facility.Zerodha, the fastest growing online broker has introduced Aadhar based online account opening facility for their intending clients.Pre-requisites:Mobile number should be registered with Aadhar so that OTP verification can be done.Photocopy of Cancelled cheque with Name, IFSC, MICR clearly printed on as bank account proof.Bank statement for last 6 months/ income proof for trading F&O.Now follow the link below for easy and step by step procedure for opening online account with Zerodha:PK Mandal's answer to How can I open a demat account through online?Why Zerodha ?Around 4 lakh clients and growing fast.Technically strong platforms and advanced order placing systems. Pi for Desktop and Kite for web/mobile.Low brokerage: 0.01% or Rs 20/- whichever is lower per executed order for Intraday and No brokerage for Delivery.Facility of investing in Mutual Fund on Direct mode in Demat.Easy fund transfer through NEFT/RTGS/IMPS.Multilingual support.For any inconveniences the support will call you in time for doing the rest.
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How was your ISRO interview experience?
My interview was at Antriksh Vihar, Delhi on 1/08/2018. I applied for Scientist ‘SC’ in Mechanical Engineering Branch. I was 30th in the merit in the written qualified candidates(Scored 200/231) but it was of no use as ISRO selects solely on the basis of Interview. Total 382 candidates were qualified for the interview.Firstly, I took guidance from some of my seniors at AMU working in ISRO. They told me to confident while giving the interview. Yet, I was quite nervous as I am 2018 batch pass out and had no idea of such interview.I entered the room and wished the panel members. There were around 11-panel members staring at me. The senior-most of them asked me to take my seat.M1: Introduce yourselfME: I introduce myself like this (remember the order)My name is Mohammad Munis and I am from Deoria, UP. I did my high-school from Jeevan Marg Sophia Secondary School, Deoria with 88.04% in 2012, +2 from Senior Secondary School, Aligarh Muslim University (AMU) with 84% in 2014. I did my B.Tech in Mechanical Engineering from Zakir Hussain College of Engineering and Technology, AMU with 8.94 CPI in 2018. My B.Tech final yr project was on “Optimisation in the efficiency of Wells Turbine” which was successfully completed by the team member of three. Currently, I am pursuing my M.Tech in Thermal and Fluid Engineering from Indian Institute of Technology, Bombay.Now, coming to my family background. My father is a teacher, my mother is a housewife. We are 5 siblings. 2 brother and 3 sisters and I am at number 4.M2: Take the pen and go to the whiteboard.ME: I didM2: Draw a vertical line. from its, draw a horizontal line with a mass attached at its end. The system is rotating about its vertical axis. Design the shaft.ME: As I was doing, they stopped me and jumped to next questionM2: Why the spokes of a cycle wheel do not buckle although their bunch gets buckle?ME: I explainedM3: what are the modes of heat transfer?ME: conduction, convection, radiationM3: What are the laws of radiationME: I answered and we had some discussion over thatM3: Does the wavelength of radiation is fixed or it has some range?M3: Then how we use the formulae to calculate them?ME: I explained to them by drawing some fig of black, real and grey bodyM3: Why blackbody is called as a blackbodyME: I explainedM4: How to prevent a body from radiation?ME: I explained by drawing some figM4: Why rocket are yellow in colour?ME: I asked is it really yellow or white as I have seen in movies then we had some funny discussion over that.then I tried to explain using E vs lambda dig which was already drawn on board.M5: Suppose you have a black and a white car. Which would have a higher inner temp.?ME: both will have the same temp.They laughed and said that I am wrong.then I explained using emissivity I explained the Stefan eqn very properly and gave some eg for the two cars and applied the law.They asked my eg again and finally got convinced(there was an inverted frustum-shaped glass on my table)M6:Draw the elevation, plan, LHS, RHS,cross-sectional.while I was drawing one of them asked that whether it is a 1st angle or 3rd angle projection.ME:3rd (hurriedly)they all laughed and asked me to go verify. I was confused and about to say something.M1: thank you very much.I thanked them and walked out of the room.The result of the interview has been declared and I am happy to announce that I have been selected with AIR 29
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What happens to the founder of a company backed by angel investors if the company fails?
He's taken to a special dungeon where we unmercifully tickle his belly button with a feather...or worse!Seriously, what do you think happens? The company is an incorporated entity in which everyone owns equity, which is now worthless. So the company is dissolved, everyone loses all of their invested money, and everyone goes his or her respective way:The investors, who are not happy, nevertheless chalk it up to the way the game is played.The founder, having just seen his or her dream crash and burn—along with multiple years of blood, sweat and tears—generally goes through the Five Stages of Grief, and eventually (typically after a year or so of recovery) starts again.
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What do you think was the cutoff for UPSC ESE (IES) Prelims 2019 since the results are now declared?
Thanks for A2A.I can answer with respect to E&T Branch only.As per the interaction with my juniors or my friends who have appeared for ESE prelims, this time, cutoff seems to have sky-rocketed this time, which is a sign of cut-throat and the increasing competition to bag the name in the final list of ESE. It was quite expected also as the Technical paper for ECE was somewhat on the easier side and GS was somewhat tough. Unfortunately, the difficulty of GS was not able to compensate for the easier side of Technical paper and this reason may be attributed to the high cutoff this time.If I talk about my friends who were scoring near 240–245, unfortunately, are not in the qualifying list. This forms my substantiation for the aforesaid claim.The cutoff expected might be in the range of 230–235.Unfortunately, many of the last year aspirants who went upto the interview stage in 2018, have also not qualified for Mains.With each passing year, the cutoff is liable to increase only because the syllabus of GS is eventually unfolding itself and the coaching institutes are somewhat able to estimate what can be asked in the GS in the upcoming years now. I would take it a matter of cautiousness as you will have to do your presentation to such a level that you should target atleast 250+. Then only you can ensure your selection for ESE Mains certainly!Talking about the rosy picture now for those who have cleared ESE Prelims with flying colours, should not be carried away and should start preparation for next leg as soon as possible. Why am I saying this is because many of the aspirants who cleared ESE prelims this time are last year ESE Rankers also and many others are generally scoring in the range of 270–280 only. Thus, one can imagine the level of competition this ESE Mains would be having. Treat this attempt to be your final attempt and give your everything possible to clear in this attempt.To help you out for writing answers in the ESE Mains and to hone your presentation skills , I have made an Unacademy course especially tailored-made for the ESE Mains. I have also shared my ESE Preparation strategy in this course. Aspirants of all the ESE Engineering disciplines can go through the course as I have tried not to make it ECE branch specific.Here is the link!Course Overview (in Hindi) - UnacademyRemember - “Everything can wait but not your preparation!”
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What is the procedure for buying shares through a Demat account?
Trading account is the one which is opened with your trading member. It is this account that you use to place your buy and sell orders. A demat account is simply like a savings account in your bank. IT simply holds your stocks and other dematerialized securities. THe demat account is opened with one of the depositories viz. NSDL or CDSL. When you want to buy a share of a company, as a retail investor, you will need to place it through your stock broker. An investor is not allowed to place orders directly with the stock exchanges. The broker then transmits this order to the exchanges, typically on a real time basis. Inside the exchange, the order goes into the trading system. Depending on the order category, the order is sent for execution (market orders) or to the order book (limit order). [There are some more order categories, but I will not go into those details for the sake of simplicity].A market order is executed against the first opposite order that comes along i.e your buy order is executed against the first sell order available. All orders in the order book are prioritised by price-time priority. So a limit order goes and sits in the order book accordingly and will be executed only when the price of your order is signNowed. Till then it remains in the order book as open order. If the trading session ends before your order is executed, your order is automatically cancelled by the exchange. Once an order is executed, the process of clearing and settlement begins. Here the money is taken from the buyer i.e. you and given to the seller of the security. Simultaneously, the share is taken from the demat account of the seller and transferred to the demat account of the buyer. All these processes are done transparently to both the buyer and the seller and are done jointly by the exchanges, the trading members, the clearing members, the custodians and the banks. To get the complete detailed process of clearing and settlement, you can refer to the NSE website here http://www.nseindia.com/products...The broad outline of the clearing and settlement process is as followsStep 1: Trade details from exchange to NSCCL (clearing house of NSE)Step 2: NSCCL notifies the trade details to Clearing members/ CustodiansStep 3: Download of obligation/ pay-in advice of funds/ securitiesStep 4: Instructions to clearing banks to arrange funds by pay-in timeStep 5: Instruction to depositories for sameStep 6: Pay-in of securitiesStep 7: Pay-in of fundsStep 8: Pay-out of securitiesStep 9: Pay-out of fundsStep 10: Depository informs custodians/ Clearing members through DPStep 11: Clearing banks inform custodians/ Clearing members.It is at the end of step 8 that you as a buyer get your stocks in your demat account and at the end of step 9, the seller of that stock gets the money in his linked bank account. Please note that the pay-in of funds/securities in steps 6 and 7 refer to the obligations of the trading members. As a retail investor, you will typically have to transfer the money/securities (to your stock broker) along with the order placement. This is an elementary level-1 risk management process followed by the members to ensure that the investors buying or selling actually have the money to buy or securities to sell.
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What is digital india and how does it help india to grow?
Digital India (Programme) (DI) is one of the most ambitious initiative of the present Narendra Modi Government, that aims to transform India into a complete e-literate and digitalised country. Though it is a herculean task, it is no doubht that India will be once a digital nation. In order to avail the services under Digital India and to make it a grand success, it promotes three things to be very common and universal. An internet accessible mobile phone A Bank Account, preferably under Pradhan Mantri Jan-Dhan YojanaA digital identity, provided by UIDAI - Official WebsiteThe whole mammoth project has been framed on three basic concepts. They are, Digital infrastructure E-governanceDigital literacyIt proposes nine ideas to be achieved, usually known as nine pillars of DI. Let's discuss those with the benefits for a common man. Broadband HighwaysAims to provide high speed broadband connectivity to 2.5 lakh villages by 2017 and to spread to all villages in a phased manner. What happens if complete India gets high speed broadband connectivity? Answer is simple. - Speedy processing. What if you gets the result of a competitive exam immediately after the completion of exam? How will it be getting papers cleared and Funds for assistance for a public well in a remote area from their district administration, simply sitting in their gramsabha without going to the respective offices hundred times? How will it be applying for school admissions, college admissions, scholarship applications etc by having dinner with your loving parents in a two room hut? The move from Microsoft (company) to provide low cost broadband to 5lakhs villages is a welcome one. (Microsoft wants to bring broadband to 500,000 Indian villages) Kerala, by a recent announcement as the first digital State in India in the 69th independence day, made a tremendous success towards the complete achievement of DI ( Kerala becomes India's first 'complete digital state' - The Times of India ) Universal access to Mobile connectivityIt is estimated that India's mobile users figures remains in a very low scale. Less than 20% of the population only have access to mobile services. A recent survey conducted by Internet and Mobile Association of India ( IAMA) has said that the number of total mobile Internet users in India is 213 million. ( Industry) It is undoubted not only for DI, but also for any of the digitally oriented schemes, the real success relies on the number of active mobile Internet and service users. Public Internet AccessWe are going to convert our Post offices as public data centres. Also we are setting up common service centres in each villages. The initiatives like Akshaya project of Government of Kerala can be considered as the initial footsteps to achieve this superb project.India aims to provide 4 lakh public Internet access spots or WiFi hotspots. It also envisages to provide the same in nearly 3 lakh schools and in all universities. The initiative of Google (company) to start faster WiFi spots in 500 railway stations with their Google Fiber technology, is really a warm start for this. Free Wi-Fi at 500 Indian Railway Stations, With Google's HelpNo need of recharging your mobiles with various data offers. Download ebooks, apps, songs, movies, and all relevant data free soon. Call anyone in this world using various apps like WhatsApp, hike, Skype etc. Again, you don't have to rely on your mobile balance. Money savings, money savings, money savings. :)Also dont have to be worried about lack of any data offer for any immediate and emergency need that requires Internet access. E-governanceReduce corruption and bring transparency in public administration. Direct Benefit Transfer, one of its part, is reducing the chance of getting bribe . The style of E-governance envisioned is SMART governance.(SMART - Simple, Moral, Accountability, Responsive and Transparency). When India achieves SMART governance, we would be free from corruption to a great extent. E-KrantiElectronic delivery of services in important sectors like health, police, agriculture, rural development, treasuries, PDS, road transport etc. Recent initiatives like Sehat (‘Sehat’ Unique Initiative for Health Care Launched), Jeevan Pramaan or life certificate, digitalised MGNREGA, twitter samvaad, shipping samvaad, Madad, SMS based cyclone warning system, e-money, PRAGATI, Digilocker etc are paving founding stones of a brighter digitalised India. How would it be going any government office or any such institution without the pile of files. Once you get a certificate, marksheet or any such, just get it in its digital format and e-sign it. There is no need of bringing it to anywhere then. Bureaucracy can't delay any of your needs for any certificate as everything is available within a click on his computer. This will reduce corruption , forgery in documentation etc. DigiLocker, provides you to live a life without any paper documents. Yes it will take time. But not impossible.. :) (Page on digitallocker.gov.in) Information to AllYes. As all government services become digitalized, it's easy to fetch any data regarding anything within a click. You can also be a part of development of this land through MyGov platform (MyGov: A Platform for Citizen Engagement towards Good Governance in India ) Electronic manufacturingFor a digitalised country, you should be self reliant on its electronic needs. Yes we are doing it. We follow new National Electronic Policy. Setting a target of NET ZERO import by 2020 we are working on it by enhancing various electronic sectors like Micro ATMs, Set top boxes etc. IT for jobsOf course, without IT, what digital India? It will provide huge job opportunities for IT sector. At the same time GoI giving priority to underdeveloped areas like northeast. Yes, our engineers will no more need to go abroad. This land is going to be a heaven for our engineers. Because now you have another responsibility too, to be a cog in in the national development. Early harvest programmesWe should something special, that too earlier. ;) Initiatives like changing conventional text books to ebooks, portal to find and share information about missing children, complete biometric attendence, selective weather forecasting etc. are something new, atleast in Indian soil. NoteThe recent shifting an old village, Akodara, into the first digital village BY the collaboration with ICICI Bank is a hope of new dawn of digital face of our country. ( At Akodara, India’s first digital village ) Yes, this scheme is a brain child of Shri. Narendra Modi. We may mock and tease a man with a frame less spects and neatly trimmed white beard wearing a special Modi kurta, visiting large Internet companies of silicon Valley to come and invest in India. But he has a vision. And he makes it. I am not a pro Modi. Not even a BJPian. But, we should give our hands to him. Because he is doing it. Doing it for us. For the brighter future of this land. :)Refer - Department of Electronics & Information Technology, Government of India
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Why is Mukesh Ambani more successful than Anil Ambani?
Let us try to understand & begin the story with the split between the two brothers after the death of Dhirubhai Ambani in 2002.Circa 2005, The Dispute.Dhirubhai Ambani, hadn't left a will. Mukesh became chairman and managing director of Reliance Industries Ltd Anil was made vice-chairman.Mukesh & Anil were in a bitter fued for the control of the Ambani empire & it became ugly when Mukesh tried to oust Anil from the Reliance board.The annual report of Reliance had Dhirubhai & Mukesh, not Anil, on the front page.It is at this time that the differences between the brothers became public.The Am...
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Was there a stranger you met once, are not likely to meet again, and who profoundly affected you?
I was fresh out of high school, getting ready to head to college on a scholarship. I was the bomb, the cream... I was destined for the best. I was pure EGO.My car was crap though. And while driving through a very bad area of town, it stopped working. I was stranded. I didn't have but a single dollar on me, so I figured that I had to find a phone and call my family to come get me... but within moments of stepping out of my car a bum came up and asked me if I could give him a dollar for a beer.I explained to him that NO... I needed that dollar to call for help as my car just broke down. He asked what was wrong with it and I explained that I had NO idea. He asked if he could look at it and I said sure. He asked me to start it and started messing around with a few thing.He found there was a split in a vacuum hose that was preventing the carburetor from drawing gas properly. He pulled out a pocket knife, trimmed the hose to remove the split, reattached it and the car started.I was the bomb. He was the bum. I was headed to college and great things. He could fix my car with a pocket knife. I gave him my last dollar to buy a beer with.My ego shrank permanently that day.I realized that everyone knows something that I don't. You can learn something from everyone if you listen.
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