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Wednesday, March 23, 2011

Nuclear "Leaks" in INDIA ....

Mishaps At Nuclear Plants in INDIA

  • 1987 Kalpakkam, Tamil Nadu Refuelling problem in fast breeder test reactor damages the reactor’s core. Plant shut down for two years.
  • 1989 Tarapur, Maharashtra Radioactive leak from reactor. Repairs take over a year.
  • 1992 Tarapur, Maharashtra A malfunctioning tube causes a leak of 12 curies of radioactivity
  • 1992 Kota, Rajasthan Fire in 4 pumps threatens cooling system
  • 1993 Bulandshahar, UP Fire in steam turbine at the Narora Power station damages the heavy water reactor
  • 1994 Kaiga, Karnataka Dome collapses while under construction
  • 1999 Kalpakkam, Tamil Nadu Four tonnes of heavy water leaks, exposing workers to radioactivity
  • 1999 Tarapur, Maharashtra Tube failures result in de-rating of the reactor
  • 2001 Kota, Rajasthan Turbine blade failures, cracks in end shields, leaks in the moderator heat exchanger.
  • 2009 Kaiga, Karnataka 50 workers fall ill after drinking water contaminated by tritium, a radioactive isotope of hydrogen.
Case Against N-Power
  • Critics say nuclear power is the most dangerous. The risk of an accident cannot be ruled out.
  • Storing and treating nuclear waste is tricky
  • Radioactive material from plants can be used for weapons
  • N-power plants run on uranium, supplies of which may be limited
And For It...
  • It is a viable "green"alternative to fossil fuels. It’s also environment-friendly.
  • With limited energy resources the world needs nuclear energy
  • Strict safety norms can ensure there are no accidents at plants
Prime Minister Manmohan Singh has ordered an immediate technical review of safety systems at India’s nuclear plants, while mandarins and scientists from the Indian nuclear establishment have scrambled to dispel worries among the public of any likelihood of an emergency. But concerns had been gaining solidity after deals to set up mega N-power plants were finalised with the Americans, the French and the Russians recently. With international collaboration, India aims to boost its present production capacity of nuclear energy from 4,780 megawatts to 63,000 in about two decades. However, many are apprehensive since some of these new individual plants have combined generation capacities of 10,000 MW, compared to the few-hundred-MW ones presently in operation. Worse, the sites chosen for setting them up are often in zones officially designated as earthquake-prone and potentially vulnerable to tsunamis.

There haven’t been major accidents so far, but several small mishaps repeatedly put claims of safety at Indian nuclear plants under scrutiny. In August 2003, leakage at a nuclear reprocessing plant at Kalpakkam exposed six workers to harmful radiation. Likewise, in November 2009, around 50 employees at the Kaiga power plant in Karnataka were exposed to radiation when they drank water from a contaminated cooler. And last May, in a major accident, one scrap dealer died when radioactive material (Cobalt-60) from a Delhi University lab ended up in Mayapuri, a Delhi market for metal scrap. It was a violation of the law that says all radioactive material ought to be disposed of safely under supervision from the Atomic Energy Regulatory Board.

Among the nuclear power plants on the anvil is the one at Jaitapur, coastal Maharashtra. It will house reactors from the French firm Areva and shall have a combined capacity of 10,000 MW. But in 20 years, as many as 92 quakes have been recorded here, with the severest of them  in 1993 measuring 6.2 on the Richter scale. The region is officially seismically marked as Zone III—Zone V being the worst category

Even people who have earlier been with the nuclear establishment are raising concerns. P.K. Iyengar, former chairman of the Atomic Energy Commission of India, says Indian nuclear scientists have indeed successfully built and operated pressurised heavy water reactors under the size of 400 MW, but that the new imported ones involve “untested” technologies and are of much larger scales at 1,600 MW. “My advice to the government would be to not jump into 1,600 MW reactors from just 400 MW and place six of these together in one spot that is exposed to possible earthquakes and tsunamis. This raises several safety infrastructure requirements that have to be properly evaluated,” he says.

Recent events in Japan have indeed shaken the faith of many who pray at the altar of nuclear energy. In an article for a business daily, even Shyam Saran, who was India’s top negotiator for the Indo-US nuclear deal, has said the “nuclear renaissance” could be dead if effective corrective measures are not taken up jointly by countries like India, China and Japan, where growth in nuclear energy generation is supposed to be among the highest. “The three countries should take the lead to follow up on their initiatives (promised at a Washington meet in 2010) and establish a collaborative effort to ensure the safe and less risky development of nuclear power in the 21st century.” The fate of nuclear renaissance, as Saran argued, may well now depend upon the success of their efforts.

Source :- Outlook India Magazine


Tuesday, March 22, 2011

Numbers in Budget-Analysis...

Projected improvement in the fiscal deficit -- 4.6% of gross domestic product (GDP)

What Does Fiscal Deficit Mean?

When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits.

Now, consider these facts to show how unrealistic this is....

Growth in total expenditure is projected at 3.4% for 2011-12, compared with 18.7% growth in 2010-11. Since the budget assumes that nominal GDP will increase by 14% in 2011-12, growth in government expenditure is far below the increase in nominal GDP. Given the government’s track record, curbing expenditure to such an extent is extremely unlikely.

The finance minister says that subsidies in 2011-12 will be lower by Rs. 20,583 crore than the amount spent on subsidies in the current fiscal. Though oil prices are high, the petroleum subsidy is lower by almost Rs. 15,000 crore. Although the government plans to introduce a right to food Bill, it has kept the food subsidy figure flat. Even the fertilizer subsidy is budgeted at a lower level. Apart from subsidies, guess how much this government for the ‘aam aadmi’ is spending under the head “social security and welfare”? Budgeted expenditure is Rs. 3,401 crore in 2011-12, while they spent Rs. 18,427 crore this fiscal. Either the ‘aam aadmi’ tag is hot air, or the numbers are bound to go up.

What about capital expenditure? The outlay for total capital expenditure in 2011-12 is lower than in 2010-11, but the finance minister says that part of the revenue expenditure is for the creation of capital assets. Taking that into account and after adjusting for capital expenditure on defence, the rate of growth in capital expenditure works out to 23.5%, which is good. Unfortunately, the budget does not give the amount of grants for creation of capital assets in 2009-10, so we do not know what the growth rate has been this fiscal and whether the projected growth rate is achievable. Interestingly, the increase in total capital expenditure, without taking the grants for creation of capital assets into consideration, was a huge 44.6% in 2010-11. By that reckoning, although the 23.5% growth looks impressive, it’s actually quite a deceleration from government capital expenditure in the current fiscal.

Consider also that, in spite of such a huge growth in government capital expenditure in the current fiscal, the trend on gross fixed capital formation this year hasn’t been encouraging. According to the third quarter GDP numbers, growth in gross fixed capital formation has been decelerating steadily—it was 25.7% in the first quarter, 17.8% in the second and a mere 6% in the third quarter.

On the receipts front, the projection of growth in tax revenue for 2011-12 is 17.9%, well below this fiscal year’s growth of 23.5%. With a nominal GDP growth of 14%, that should be achievable.
The rally in the markets on Monday was, therefore, a relief rally, relief that the finance minister has, at least, done no harm. As the heroic assumptions behind the budget projections for 2011-12 sink in, even the relief may fade away.

Sunday, March 20, 2011

Why it's too soon to give Brazil and India permanent seats on the U.N. Security Council.

BRIC countries, Brazil, Russia, India, and China, have grown more and more influential in the world economy, their administrators and myriad pundits have inevitably concluded that they and other rising powers should also become more important actors in global politics. The insistence by Brazil and India for permanent seats on the United Nations Security Council, a similar push by China and Brazil for a greater say on climate change talks and on IMF and World Bank voting shares, and a greater voice for South Africa in all of these arenas are just a few examples of the BRICs' growing boldness.

But the emerging powers are not ready for prime time. And never has this been clearer than now, with revolution sweeping the Middle East. It is the traditional powers in the West that will determine the international response to this crisis -- not because they are favored by global institutions, but because their word is backed by military and diplomatic weight. In contrast, the world's rising economies lack the ability -- and the values -- to project their power on the world stage.

Let's back up a bit. By now, the growing economic clout of the new regional powers is indisputable. Their political strength, however, is less obvious. And more importantly, their entry into the halls of world governance would not necessarily strengthen the developing international legal regime. These new powers lack the same commitment as the older ones to supranational institutions and universal values such as human rights, the collective defense of democracy, a robust climate change framework, nuclear nonproliferation, and so forth.

But in recent discussions about what should be done in Libya -- as well as in other potential trouble spots in the Arab world -- yet another weakness is laid bare. In addition to generally not wanting to intervene on humanitarian grounds or in defense of democracy or human rights, the "new powers" lack … power. Despite China's and Brazil's military and naval buildup, and India's and Pakistan's possession of nuclear weapons, they still lack the ability to project power the way that countries such as France and Britain can when NATO or the U.N. Security Council so decide. One can agree with such interventions or oppose them, but at this juncture only countries such as these and the United States have the wherewithal to actually do something in crises such as Libya.

The real issue remains that only the United States, France, and Britain really count in the Arab world crisis. Only the U.S. military was able to nudge the Egyptian Army into edging Hosni Mubarak out of power (obviously thanks to the popular movement in the street, but Qaddafi has shown that jasmines and chants are not sufficient). Only the French government, after much hesitation and several false starts, was finally able to convince Tunisian ruler Zine el-Abidine Ben Ali to leave, and largely because the military abandoned him. And if a no-fly zone is imposed or a humanitarian intervention does take place in Libya, only the United States and NATO will be able to enforce it.

All of which brings us back to square one. The emerging economies may catch up with the older, more developed ones sooner than expected. And they are certainly insistent on conquering the political equivalent of their economic surge. But for the moment, they lack the necessary commitments to the liberal order as well as the ability to project their rising power. Are the new powers willing to fully accept and contribute to the evolving international legal regime on issues such as human rights, collective defense of democracy, trade, climate change, or nonproliferation? Are they committed -- even if Washington is not -- to the International Criminal Court, the Doha round of trade talks, the U.N. Human Rights Council, the International Atomic Energy Agency, and new, more enlightened stances by the IMF and World Bank? Can they eventually begin to assume their responsibilities in U.N. peacekeeping operations (Brazil and India have; South Africa and China are beginning)?

Given the progress that has been made in recent months, scant as it may be, it would seem that a virtuous, non-Faustian pact may be struck with the emerging powers: a seat at the table in exchange for a full-fledged commitment to the agreements, covenants, and deals cut before they arrived, regardless of recurrent noncompliance with all of these structures by the countries that originally created them. The more China, India, Brazil, South Africa, Mexico, Pakistan, and others meet these standards, the more welcome they should be to the inner councils of world governance. Next year, Mexico will chair the G-20 for six months: This will be a fine opportunity to see whether the emerging powers are finally coming of age.

source :- foreignpolicy.com

Japan's Impact on U.S. Nuclear Power

What does this disaster mean for the future of U.S. nuclear power? There is no doubt that, on the margin, this will hurt it. How much so remains to be seen...

A look back at last year's Deepwater Horizon oil spill in the Gulf of Mexico should humble any prognosticator. The first few days of that disaster were met mostly with a collective shrug.

Within a few weeks of the BP spill, the scale of the actual disaster began to become apparent. Drilling opponents seized the moment to reinforce their prior beliefs, but proponents largely dug in their heels. The nuclear debate has now moved to this second stage: Skeptics have had their beliefs about the risks of nuclear power confirmed, but most pro-nuclear forces are still as enthusiastic as ever.

The ultimate policy consequences of the Japanese crisis will depend on precisely how the situation on the ground develops over the coming weeks

Nuclear power provides about 20 percent of U.S. electricity, but new construction has been stalled for decades by a mix of high costs and public apprehension dating back to the 1979 accident at Three Mile Island. Opposition to nuclear power has softened slightly in recent years, but the old patterns of debate remain largely intact.

Pro-nuclear forces are unlikely to reverse their prior stance in response to the unfolding disaster. Some in the anti-nuclear camp, on the other hand, may change theirs. Many moderate nuclear skeptics in the environmental community have become more open to zero-carbon nuclear power as part of a grand bargain on climate policy, much as many drilling skeptics had become open to an offshore exploration deal by this time last year. The Japanese disaster, though, may make moderates in the environmental community far more reticent to deal, just as the BP disaster made them less willing to deal on offshore drilling. A big swing within this bloc could have real consequences for U.S. policy on nuclear power.

Many observers have already pointed out correctly that the future of nuclear energy will still come down to costs. But cost and regulation are tightly intertwined when it comes to nuclear power. One of the central drivers of nuclear power's high costs is the uncertainty surrounding regulation and permitting, which drives up project developers' cost of capital. Any big changes to the regulatory process or to power plant design increase uncertainty, at least in the short term, and hence increase the cost of financing new plants. With nuclear power already under pressure from cheap natural gas, regulatory reactions to the latest disaster could tip the balance.
It is safe to say, though, that prediction remains a dangerous task. Less than a year after the oil spill, in the midst of upheaval in the Middle East, the drilling debate has largely returned to its preexisting form. It will not be surprising if nuclear memories are short lived too.

Different types of financial instruments....

Shares: A unit of ownership interest in a corporation or financial asset. While owning shares in a business does not mean that the shareholder has direct control over the business's day-to-day operations, being a shareholder does entitle the possessor to an equal distribution in any profits, if any are declared in the form of dividends. The two main types of shares are common shares and preferred shares.

Bonds: A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, states and U.S. and foreign governments to finance a variety of projects and activities. Bonds are commonly referred to as fixed-income securities and are one of the three main asset classes, along with stocks and cash equivalents.

Derivatives: A security whose price is dependent upon or derived from one or more underlying assets. The derivative itself is merely a contract between two or more parties. Its value is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes. Most derivatives are characterized by high leverage.

Options: A financial derivative that represents a contract sold by one party (option writer) to another party (option holder). The contract offers the buyer the right, but not the obligation, to buy (call) or sell (put) a security or other financial asset at an agreed-upon price (the strike price) during a certain period of time or on a specific date (exercise date).
Call options give the option to buy at certain price, so the buyer would want the stock to go up. Put options give the option to sell at a certain price, so the buyer would want the stock to go down.

Futures: A financial contract obligating the buyer to purchase an asset (or the seller to sell an asset), such as a physical commodity or a financial instrument, at a predetermined future date and price. Futures contracts detail the quality and quantity of the underlying asset; they are standardized to facilitate trading on a futures exchange. Some futures contracts may call for physical delivery of the asset, while others are settled in cash. The futures markets are characterized by the ability to use very high leverage relative to stock markets.

Thursday, March 17, 2011

VGSOM-gdpi

location : bangalore
date : 15/03/2011

case study : Firestone company manufacture tyres and ford company uses these tyres for their cars..now there is some prob with these tyres ..so firestone calls them back bcoz of "pressure" and they blame each other..discuss points based on three things ....
1)product design
2)quality control
3)ethics

1 min for everyone initially ..then 5 mins open discussion ..then 3 mins to write 3 imp points...

intrvw:
only two profs p1 and p2...

p1 was associate dean of vgsom

p1:about urself?
me:told

p1:why a poor 892 in jmet and why a good 98.86 in cat?
me:told some fake reason

p1:why ?
me:created a story ..got convinced

p2:tell me electronic products
me:told

p2:what is the design diff between these products and other products...for ex motors..which are mechanical..or civil products...
me:(????????????????????girrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr)started with saying these are digital..
then was explaining wrking of TV
and motors

p2: no no i do not need how they work..design diff???
me:(aur kya bolu??)
he gave some one two hints..gave answers when he gave me hints...

p2: what will happen when breakdown occurs in electronic devices..mechanical devices
me:told smthing

p2:what is miniaturization
me:totally blank..told that i did not hear of this term before

p1;what is VLSI
me:told

p1:then miniaturization
me:oh!!!told them now...VLSI is nothing but acheiving miniaturization

p1:y mba
me:told

p2:without mbs also,it can be done(this question has been asked in all of my intrvws..)
me:told the same answer

p2:what was final year project
me:told

p2:did u read any books in mngmnt..or any courses
me:we had a course during our engg.

p2:name?
me:told

p2:what is balance sheet
me:told

p2:what is ther in that sheet
me:told

p2:what are current assets
me:told

p2:examples
me:gave one ex...but they said it was not a current asset

p2:what is profit loss stmt
me:told

p2:what will be present at the end of the stmt
me:(???) got struck..

p2:do u know distributions?
me:binomial,normal....these ones???

p2:yes...
me:yes..we had them(phas gaya!!!how can i tell them that i dont remember those things now)

p2:what is random variable
me:told

p2:what values can be possible when a coin is tossed?
me:told

p2:what is discrete random variable
p2:what is continuos random variable
me:told

p2:what are the distributions for discrete random variable
me:told(was not sure though)

p2:eqns for these distr.
me:dont know...but ..explained a little about each one

p2:any other distributions which you know?
me: no

p2:what are the qualities of a manager
me:told

p2:exact points??
me:told them many including time management..

p2:no no no no....no time management reqd..
p2:distinguish good and very good manager
me:told

p1:how do submarines which are  40 ft deep under water communicate?
me:satellite...(was not sure..actually was confused about what was he talking...from where to where)

p2:is it possible thru mobile
me:no..gave reasons

p1:did u have any control theory ?
me:no control theory but there was one subject control systems

p2:thank you....

got up ..was leaving/...

p1:did u enjoy gdpi
me:yes sir.(fully confident..)

p1:will u join if given a chance
me:sure sir

p1:other calls
me:told

p1:thank you
meLthank you

done...share ur feedback guys...









IIM-Indore gdpi exp.

location: hyderabad
date : 02/03/2011
essay topic: women are more effective bosses than men . agree or disagree with supporting arguments

wrote it nice ..i guess :)
wrote against the topic(saying that women are not effective compared to men  :) )....as i was not getting solid and sufficient examples to write in favour of them ..
started the essay with who is a boss,his responsibities,where do women fall behind...then gave some stats ..ended it smoothly....

intrvw:

p1: tell me about urself
me: blah blah blah

p1:what is cloud computing?
me:( thought of telling that i am from ece and we do not have anything of this sort..) had heard of this term smwhere..so told him that it is a virtual thing..blah blah

p1:how does it differ from other tech?
me: told

p1:is the company XXX a leader in cloud computing?
me:(XXX is the company in which i am wrking ..BTW i have 6 months of work ex after my engg....2010 passout)
...thought for 2 min and said yes...(but was wondering..said yes bcoz ..no reason)

p1:how?
me:(ufff!!!!!!!!thought for a while.) then linked my company's work with cloud computing(with what i thought cloud computing can be??) and told them regarding that..

p1:what does XXX get by cloud computing
me:blah blah

p1:what does client get by cloud computing?
me:blah blah

p1:why has now cloud computing come into picture all of sudden when ppl have been using this tech from long
time
me:told

p1:any other tech which works similar to cloud computing?
me:dont know any other name but gave an example of one software which works similarly

p1 is done with his questioning now...
p2 enters into the scene..

p2:why do u want to do mba
me:told

p2:is mba reqd?cant u do without mba
me:told

p3:did u hear of NGO names working in education sector?
me:dont know names..but there are many

p3:so how would ur goal be different from what an NGO does
me:told

p3:it seems u are interested in social issues
p3:what is CSR
me:told

p3:what does XXX do for CSR
me:told

p3:is it really "social"
me:told

p3:what are the social issues in AP
me:started with microfinance...was telling them ..

p2:how does the system work
me:told

p2:what is the crisis in AP
me:told

p2:why AP only..when there are many other states doing that
me:told but not that much gud answer

p3:who started it
me:mohd yunus

p3:how does MF work in bangladesh
me:told

p3:is it a sucess there/
me:yes

p3:then why not in AP
me:told

p3:what are the decisions signed when loan is given
me:started...gave 1-2(there are 16 decisions actually) ...but was interrupted when i said about education has to be made available to their children when they take a loan...

p3:is it being implemented..here and in bangladesh
me:told

p3:yunus is in scams..what scams
me:told

p3:so do u think he started it for business and not for social benefit
me:gave convincing answer

again p2

p2:what is HDI
me:told

p2:what are the factors taken into account
me:told

p2:what is INDIA's rank
me:told

p2:which institue gives these ranks
me:(??????) dont know...

they look at each other and say..we are done ..do u have any questions...
me:no ..thank you ...
thank you..done .....

Wednesday, March 16, 2011

GDP...


Understanding the Concept of GDP

The money value of all the final goods and services produced in the domestic territory of a country in a year’s time is called the Gross Domestic Product.
The domestic territory includes the political boundary as well as terrestrial waters, ships and aircrafts operated by the residents of the country, fishing vessels, oil and natural gas rigs which may be located outside the country, embassies and consulates of the country located abroad.



We take an Example:
We suppose that at the unit price of Rs. 100 a country A produces 500 units of goods and at the unit prices of Rs. 50 it produces 300 units of services. We denote unit price as P and units as G for goods and S for services.

GDP= P (G) + P(S)

GDP=100x500 +50x300

GDP=Rs. 65000

Now, we should now that GDP can be estimated at the current prices and constant prices.

  • When GDP is estimated on the prevalent prices it is called GDP at Current prices.
  • When it is estimated on the basis of some fixed prices prevalent at a particular point of time, this is called GDP at constant prices.
Let’s understand with this example:

We imagine that India produces only 3 good & services viz. A, B & C. We also imagine that the output of these commodities does not change for last 10 years. The unit prices change and we take data of 2000-01 & 2009-10.
The following table represents this, kindly go through the simple calculations.

CommodityOutput in 2000-01Unit Price in 2000-01Output in 2009-10Unit price in 2009-10GDP at Current Prices 2000-01GDP at constant Prices 2000-10
(a)(b)(c)(d)(e)(d)x(e)(b)x(c)
A10005100010100005000
B2000102000153000020000
C3000153000206000045000
GDP100,00070,000


In the above example we see, the there is no increased in the outputs, but the GDP is changed.

So, to be able to estimate the real increase in the domestic product, it should always be estimated at constant prices.

GDP at Current prices is called GDP at Market Prices or GDP(MP)

GDP at Factor Cost: GDP (FC) 

The above example is just a simple calculation. In reality the GDP (MP) is not accurate. This is because, Market value of the Goods and services is always higher than the total cost of production, because the market prices include the Indirect taxes. So to arrive at a more accurate figure we need to decrease the Indirect taxes from the GDP (MP)

On the other hand, the government provides subsidies to the producers of goods and services such as agricultural producers.This must be added to the GDP(MP) to arrive at a more accurate figure.

The GDP at factor cost is nothing but an attempt to reach at a more realistic value of the GDP and it is represented by GDP (FC)

So,

GDP (FC) = GDP (MP) - Indirect Taxes + Subsidies



Source : gktoday

Sunday, March 6, 2011

IIM-Rohtak, Raipur and trichy experience....

This time ...i had my interview at hotel monarch luxor,bangalore on feb. 28th at 8.30 am ..
we were asked to wait in the waiting hall till 8.45 or so...

same thing again...divided into groups of 10...

GD topic :-  local govts are more corrupt or central government...


2 mins were given to think and 10 mins for discussion...
it was a complete fish market...literally 10 ppl were speaking at a time....bcoz of very less time allotted everyone was trying to play safe...spoke 3-4 times...excluding 5-6 serious attempts to get in again and again  :)

interview process started....
called in sequentially as per our seating arrangement in GD....
came to know from one person that my panel was asking all acads questions and he was asked to draw not gate from nand gate , nand from nor etc etc....he was from ECE bckground...

so i started to recollect all those gates (i am also from ECE bckground...)


i was called by one of the professor...

As usual,there were 3 professors...but the strange part was that two persons were seating in their places but the third prof. was sitting at the corner of the room...holding a paper and watching me....::)

P1:tell me smthing about urself
Me: blah blah blah...

p1:it seems u are very good in maths(referring to my memosheets)...u have got 72,75.....out of 75 in every exam...so how much do u remember what u have read in maths..tell me ur favourite chapters
me:(chapters ke naam kaise bolu...)sir................trigonometry,algebra,premutations,...

p1:what is cosx
me: trigonometric function....range ....blah blah

p1:cos hx??
me: said...

p1:difference between the two...
me:compared their ranges, graphs, etc etc

p1:what is demoivres theorem?
me:(huh!!!!)  i have heard of this smwhere but i do not remember the theorem ...if u can give a little hint then i can tell u the theorem...

p1:it is related with cos (theeta) and sin (theeta)
me:(tried to divert him from the issue)was speaking about different things about cos and sin..then ( a lightning struck me...dont know how...)told him the theorem
it is (cos theeta + i sin theeta )^n = (cos n theeta + i sin n theeta)

p1:does maths have any practical applications...tell me where can it be applied???
me:related maths with input ,output signals, and then with PID controller used in robotics and how can this be used to control speed and all...

p1:some more basic questions on maths..dont remember them ....

p1:tell me some chapters from ur engineering second semester maths?/
me:was trying to recollect....then p2 started asking questions..

p2:who is ur role model?
me:swami vivekananda

p2: vivekananda!!! there is something special about him this year..can u tell me what...
me:special !!!his life span was from 1864-1902 ....this year it is 2011..dont know....

p2:tell me some qualities y u perceive him as ur role model?
me:blah blah blah...

p2:u have good acads, good job then y mba?
me: blah blah...

p2:u have good goal but do u think mba is necessary to achieve ur goal..
me: told him how mba wud help me...

p2:there are many businessmen in india who are not mba's but are successfull...so???
me:told him that some of them inherited those traits from their family..ex: mukesh amban...

p2:but dhirubhai ambani?
me:yes i agree..but if i want to do that way then it wud take some time..probably i wud do everything by the age of 40 but not before that...etc etc...

p2:who is external affairs minister...
me:(naam bhul gaya!!)initially said ahamed but then said SM krishna

p2:what are u expecting from budget
me:told him what should be done..and what can be done..ended with saying that medical reimbursement should be increased..tax reforms should be done to benefit common man...

p2:even we would be benefitted from that...
everyone bursted into laughter...

p2:we are done...u can leave...
me: thank you sir

p3 did not speak at all..he was just watching from the corner....strange....

plz share ur feedback guys....

wil post my other intrvw experieces soon as soon i get some time to post them :)

till then Take care.....

Update : Selected








Saturday, March 5, 2011

IIM-S experience

IIM-S was my first MBA intrvw this season...Here goes my experience....i had my slot on Feb 15...2 PM at bangalore..

We had a case study....10 mins were given to write the summary of our understanding of the case and 15 mins were given to discuss the same case...

Gist of the Case study topic:

There are two people working in government company which gives licenses to other companies for starting their businesses. One person of these two wants to start a company and he applies for license for his business. As he also works in the company which gives licenses, there is every possibility that he can exploit the rules. And the second person applying for license is also not against any rules. In such case what should first person do...??/

Everyone was asked to write on the case for 10 mins. At the end of 10 mins, they gave a signal to start the discussion...

We were divided into groups of 10...

Discussion:

Everyone was busy writing that noone started discussing for about a minute or so...

So, I had to start the discussion...

Started with briefly analysing the issue involved....what is what and what are the issues that have to be handled...
everyone got a chance to speak....I came up with some good points like...govt should change the rules to avoid such cases in future...first person should have a one to one discussion with other person to discuss the issue...he should inform everything to higher authorities.....second person has to be kept out of decision making person(this was group's point) and i was contradicting this point....and 2-3 points more...

My serial number was 10 (last person) in my group....so my turn for intrvw came around 6.30 PM(original time slot was 2 PM)...

There were three persons in the panel ...all aged around 35....I would refer to them as P1,P2,P3 and myself as Me...

P1:came outside and announced my name and asked me come in
Me: went inside...Good evening sirs....
P2:Good evening...Have your seat..
Me: thank you sir..
P1:Ok....you were waiting from that time rite...
Me: Yes sir...
P1: So, Were u asking questions to all the students who were done with their intrvws...
Me:(thinking that if i say no...he wud not believe me....) I have asked some of them...
P1:Fine....we are asking questions from morning...Now u ask questions to us...
Me:(thought that this intrvw is gone now..was totally blocked...was prepared not to ask questions to them at the end also even if they ask me "Do u have any questions")(anywayz asked them that..) should i ask you questions which u have asked them(previous guys) or new questions
P1: ask new questions...
Me:(Phas gaya!!!!was struck for a minute and then asked...) I want to reform educational sector after doing  MBA.I want to know how can MBA help in me in my goal...i know the answer but i need an advice from you...
P1,P2:smiled...
P2:Ok..u tell me the answer...how would u do it...
Me:(mann me laddu phoota...) said my answer for why mba....how i would reform this sector....and ended with linking this to the company in which i am working in(around 3 mins discussion on this question)
P1:So, u want to start a payroll business(this is what the company in which i work does)..
Me:No, sir...agained a little on what my company does and what i do....
P1:Ok,what is ur part in payroll processing..
Me:blah blah blah....
P1:u can automate all this...this is kind of checklist...anyone can do this
Me:Explained him again taking some examples...
P1:why IIM shillong
Me: gave some reasons..said about its brand...
P1:(immediately interrupted...) how do u know it has established its brand...
Me: feedback Sir..
P1: feedback from...
Me:from faculties of my coaching centre,students and seniors...
P1:seniors ..u know seniors??
me:yes sir...i have a friend who is a passout(actually i do not have any friend)..
P1: Ok continue...why shillong..
Me:blah blah...
P1:Ok...how much do u remember from ur engineering...
Me:(was about to say...)
P1:what is your favourite subject..
Me: Microprocessor...8086 Microprocessor
P1: So, tell me what is microprocessor
Me:blah blah...( BTW i am from ECE bckground)
P1:why is called micro??
Me:blah blah..
P1:ther is something called microcontroller...what is it..
Me:blah blah...
P1:so , microcontroller is not a microprocessor...
Me:linked microprocessor and microcontroller
P1:tell me one practical name...
Me: told about atmega 8 avr microcontroller
P1:ok...(pointing to P2....u carry on ..kind of thing )
P2:u are from hyderabad...
Me:yes sir
P2:what's ur take on telangana
Me:(Thank you....) started with 1956...told them about how the issue started...its background and other stuff...
P2: (interrupted ..and asked)whats ur take ...are u against it or in favour of it..
Me:against it
P2:Tell me the reasons..
Me:started with naxalism and maoism and was explaining with chattisgarh and jharkhand as examples..
P2:so u do not want it bcoz u think that wud give rise to naxalism...
Me:that is one of the reason sir...
then gave other reasons(4-5)..discussion went on for around 10 mins
P3:so u have changed ur name..
Me: No sir
P3: (pointing to my certificates) there are different names but..
Me: in one extracurricular certificate ..it is wrongly spelt...
P3: Is this ur photograph...
Me: Yes sir
P3: when is this photo taken
Me: around 1 and half year ago
P3: are u sure..
Me: yes sir
P3:wht's ur percentile
Me:98.86
P3:other calls...
Me: IIM I , New IIM'S....
P3..Ok..u can leave..
Me: thank you sir..

Thought it was a decent performance..will have to wait and watch...pls share your feedback guys...

Will post my other IIM intrvw experiences in a day or two...
Till then enjoy...have a nice day...give ur feedback too...I have started writing blogs for the first time and this is my first post on my blog...so do share in ur comments regarding this too...any improvements in the blog content and appearance....

Bye...



Update : Selected