Strengths And Weaknesses Of Treaty Of Versailles free essay sample

Germany angrily marked the most well known arrangement ever, Versailles. In spite of the fact that long periods of correcting the bargain followed, this paper will concentrate for the most part on the qualities and shortcomings of the 440 articles in 1919. The Treaty followed a huge war, with immense human penance. It should be the Treaty to put to shame all other wars and offer security to the nations in question. The mind-boggling task that laid ahead for Woodrow Wilson (America), Lloyd George (Great Britain), Clemenceau (France) and Orlando (Italy) was on a greater scale than any past agents had needed to manage. One of the greatest deciphered shortcomings was the financial aspects and reparations. Right off the bat, it featured the shortcomings of the representatives shaping the Treaty, as they needed to tune in to open interest which had been misrepresented because of the scale and length of the war. A model was Lloyd George who was compelled from preservationists for unforgiving reparations, Geddes, a moderate legislator hailed the words ‘we will crush the German lemon until the pips squeak. We will compose a custom paper test on Qualities And Weaknesses Of Treaty Of Versailles or on the other hand any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Packer announced Lloyd George didn't have faith in cruel reparations [2] , yet George added additional items to the first reparations, for example, war annuities to satisfy the traditionalists in light of the fact that the first sum dependent on war harm gave Britain a practically nothing. Kitchen appeared and I concur that there was little Lloyd George could do about the circumstance as ‘no government official would have endure in the event that he had recommended that Germany ought to be pardoned. ’ [3] However, Lentin dissented, believing that general conclusion made weight yet had no effect on the Treaty. He later negated himself by declaring that the one of the reasons for the postponement in reporting reparations in light of the fact that the representatives accepted that people in general could never be happy with the ensured sum. [4] Therefore, general sentiment must be recognized and fulfilled partly. This implied the Treaty didn't generally achieve what was required, for example, lower reparations. The greatest shortcoming with the reparations was the aggregate sum (? 600 million) Germany needed to pay. Keynes, who harshly scrutinized the Treaty of Versailles, vigorously denounced the reparations as Britain relied upon the recovery of exchange, particularly with Germany, [5] however Germany expected to expand their fares and decline their imports. This would diminish exchange with Britain and lose Britain cash. Feldman, in spite of the fact that I deviate, upheld Keynes accepting that the monetary and money related repayments were ‘horrendous disappointments. ’ [6] This was an outrageous view and appeared to disregard the conditions the representatives were managing. There were helpless choices yet Feldman over-overstated. Nicolson contended that it was not unnecessarily cruel monetarily to Germany. [7] However, despite the fact that it was not exorbitantly cruel, I trust it was excessively brutal for Germany to try and start to understand, particularly when region and financial matters are consolidated. Germany lost 13. 5% of their region including 8% of German coal creation. Germany lost 10% of her populace just as 1. 7 million individuals in the war. Populace makes labor for industry. This probably won't appear to be a great deal be that as it may, when you include ? This shows another shortcoming of the Versailles Treaty, as no appropriate sum for Germany to pay was reached disparaging the bargain. Anyway it could be esteemed an unavoidable shortcoming as the reparations were diminished during the 1920s however the Germans despite everything felt it was out of line. Another shortcoming of the Treaty of Versailles was the demobilization false reverence. The League of Nation’s articles affirmed that any errors would be figured out the League and not by war. In this manner there was no requirement for any nation to have huge armed forces; anyway Germany had to incapacitate to a 200,000 volunteer armed force, indicating how the focuses were utilized specifically. During the revisionist time frame Germany griped about the crooked idea of demilitarization. Subsequently demobilization can be seen as a shortcoming as it features the uncalled for part of the Treaty yet it shows that Germany was continually going to return with vengeance. Germany was brought together in its pride in its military. Carr contended that Germany’s ascend in 1920s was unavoidable as ‘it was outlandish to force a place of lasting mediocrity on an extraordinary force. This was valid, yet unavoidable; France needed to realize that Germany couldn't assault them. Be that as it may, on the off chance that the fraud recently referenced didn't exist, and everybody had incapacitated, at that point the circumstance could have been unique. Detaching Germany in demilitarization and the League of Nations was a poorly conceived notion, as they blamed it so as to break the Treaty later, which was one of the reasons for the Second World War. The Treaty had the point of delayed harmony, and the seclusion through demilitarization was one reason it didn't satisfy its point. The disappointment of the League of Nations was an enormous shortcoming; it fizzled on the grounds that America, Russia and Germany were excluded. The League couldn't settle on choices about the world without three of the most powerful nations. The League was skirted when Italy seized Corfu, causing shame for the League as it indicated an absence of intensity. The League probably won't have been sure to succeed, however on the off chance that the League had put its nations convictions behind, and the overall undertakings first, it would not be regarded such a shortcoming. The League of Nations had qualities as well, it was the first run through the thought have been tried difficult some ideologically and for all intents and purposes new to keep the harmony around the world. The League presented clinical estimates that had not been in states before 1914. This was a truly solid quality from the Treaty of Versailles. It truly was proof of the Versailles Treaty attempting to keep delayed harmony. The trade offs in the Treaty made qualities and shortcomings. These trade offs had left antiquarians to banter with regards to whether the Treaty would have been more grounded on the off chance that it had been harsher or milder. Stamps entirely depicted the Treaty as ‘too delicate to limit Germany†¦ yet too extreme to be in any way adequate to Germans. ’ [9] It was seen excessively brutal as far as reparations, demobilization and region. The result of this was Germany persuading others it was too brutal bringing the revisionism perspective of the 1920s which had been received by Britain. Revisionism permitted the Germans to fix a portion of the Treaty’s primary provisions, for example, self-assurance, reparations and demilitarization. Revisionism has been connected to the ascent of Nazism and furthermore the Second World War. The Versailles Treaty planned to keep delayed harmony, the shortcoming of the trade off shows a disappointment of the Treaty. A delicate bargain would have been incomprehensible, the after war feeling was to uphold a malignant harmony to help reestablish a portion of the hurt caused during the war that Germany was accused for beginning. Anyway , it appeared that regardless of how delicate the Treaty would have been Germany would have needed to transform it. I concur with Kitchen that ‘ultimately no measure of update would have fulfilled the Germans. ’ [10] The quality of the Versailles Treaty bargains was that the majority of the statements were extremely just, particularly thinking about the conditions. A case of this would be the Rhineland, France needed to possess it, anyway different representatives realized that it would just aim shock in Germany, and would strike retribution, along these lines they made a trade off where the Rhineland would stay vacant and neutralized. Another approach to see the trade offs as quality is taking a gander at Germany’s Treaty of Brest-Litovsk, a clearly excessively cruel Treaty forced on Russia after they pulled back from the war. This quality doesn't dismiss botches in the trade offs and in the Treaty; anyway it features that inside the conditions it was an admirable understanding. In any case, the qualities and shortcomings could be contended to be unavoidable. The Treaty paying little heed to its substance was never going to last. Mattrl called attention to the verifiable point that ‘before the ink had dried on the Treaty of Versailles, the development to obliterate it†¦had started. ’ [11] Therefore the shortcomings referenced would not have been shortcomings had German acknowledged losing the war and the terms. The Treaty would not have been so intensely condemned and covered with disappointments on the off chance that it had been upheld. The Treaty could have been effective yet once the Treaty had been marked; the coalition had disintegrated, compounded by various thoughts on the best way to authorize the Treaty. France needed to ensure the conditions were forced on Germany as brutal as could be expected under the circumstances; anyway Britain started to change the Treaty. Germany griped about the Treaty, trusting it was unfair, when as a general rule it was principally reasonable. For instance, if demilitarization had been implemented, Germany would not have had the option to add Czechoslovakia, which was a reason for the Second World War. Germany was likewise left to choose about whether they could bear the cost of the reparations, and clearly, as they would not like to have this article forced on them, they regularly avoided doing it, to a standard that could without much of a stretch make shortcomings in the Versailles Treaty. Checks accurately clarified that the representatives ‘erroneously accepted that Germany would comply with their decisions,’ [12] this featured one of the numerous reasons why requirement of the Treaty fizzled. Another explanation behind the absence of implementation was that the partners were not faithful to one another; they simply won a similar war that they battled for various reasons. Consequently, the Treaty could be contended to have presented shortcomings because of the absence of requirement instead of the first articles. It very well may be contended that there are less qualities than shortcomings in the Treaty of Versailles however it is regularly overlooked that the

Free Essays on Let America Be America Again

The Minority Perspective on America In the sonnet Let America Be America Again, Langston Hughes shows the discouraged state America was in during the 1930's. To numerous in America right now, the American Dream had gotten away from their grip and sadness had filled this void. In this beautiful articulation, the speaker is voices the quiet Americans' anxiety of how America was planned to be, refrains what it had become to them, and could try to be once more. For some, this sonnet communicates the sadness that the minorities, ladies, matured, and those of lower monetary statuses confronted. This caused the bringing down of their expectation and added to the issues of the financial downturn of the time. The speaker and audience interface with one another all through the sonnet. This is seen using such lines as ‘(America never was America to me)’ (line 5). This communication causes the peruser/audience to be pulled in to the sentiments of the speaker in the sonnet. Another issue tended to in this sonnet is that America isn't the perfect to the entirety of its kin. The first speaker starts utilizing a four-line verse. This gets sporadic after the audience reacts to the speaker. This shows the energy felt by the two gatherings and the misery of them too. This sonnet likewise extends direness in the message, which is the requirement for uniformity for all men (ladies). The audience's reaction contains the fundamental thought of the piece, indicating the contrasts between the American Dream to the American Reality for the individuals who are casualties as a result of race, (sex), age, or financial status. The creator's cautious utilization of similar sounding word usage in expressions, for example, pushed separated (line 19), where the p sound is prevail, and subjugation's scars (line20), where the s sound is prevail, accentuates the battles and distance experienced by less blessed minority Americans who lived in this season of emergency. The speaker starts the portrayal by saying something that America should come back to th... Free Essays on Let America Be America Again Free Essays on Let America Be America Again The Minority Perspective on America In the sonnet Let America Be America Again, Langston Hughes shows the discouraged state America was in during the 1930's. To numerous in America right now, the American Dream had gotten away from their grip and sadness had filled this void. In this graceful articulation, the speaker is voices the quiet Americans' anxiety of how America was expected to be, refrains what it had become to them, and could seek to be once more. For some, this sonnet communicates the misery that the minorities, ladies, matured, and those of lower financial statuses confronted. This caused the bringing down of their expectation and added to the issues of the financial downturn of the time. The speaker and audience cooperate with one another all through the sonnet. This is seen using such lines as ‘(America never was America to me)’ (line 5). This collaboration causes the peruser/audience to be pulled in to the sentiments of the speaker in the sonnet. Another issue tended to in this sonnet is that America isn't the perfect to the entirety of its kin. The first speaker starts utilizing a four-line verse. This gets unpredictable after the audience reacts to the speaker. This demonstrates the enthusiasm felt by the two gatherings and the sadness of them too. This sonnet additionally extends desperation in the message, which is the requirement for fairness for all men (ladies). The audience's reaction contains the fundamental thought of the piece, demonstrating the contrasts between the American Dream to the American Reality for the individuals who are casualties in view of race, (sexual orientation), age, or financial status. The creator's cautious utilization of similar sounding word usage in expressions, for example, pushed separated (line 19), where the p sound is prevail, and bondage's scars (line20), where the s sound is prevail, stresses the battles and distance experienced by less blessed minority Americans who lived in this s eason of emergency. The speaker starts the portrayal by saying something that America should come back to th...

Carbon Sinks and Global Climate Change :: Environment Earth Papers

Carbon sinks have been an interesting issue encompassing worldwide environmental change. To comprehend this discussion it is first basic to comprehend what carbon sinks are and what they do. Plants have the normal capacity to absorb carbon dioxide from environment, putting away it as carbon. Comparable to worldwide environmental change, plants, particularly trees, can assist with retaining a portion of the carbon dioxide that people have produced into the air. This becomes one potential arrangement in moderating environmental change. Similarly as with numerous potential answers for environmental change, there are certain and negative sides of carbon sinks as an alleviation choice. There is additionally a serious uniqueness of perspectives between nations. The issue of carbon sinks keeps on being discussed today. Is this a zone where agreement and participation can happen? Lamentably, this has quite recently been another region in which there has been debate in worldwide natural gover nmental issues. After a top to bottom glance at the negative and positive parts of carbon soaks according to worldwide environmental change, it appears right now the negative angles exceed the positive. Because of logical vulnerability, an insufficient checking and estimating framework, just as an absence of rules and rules, the utilization of carbon sinks will end up being to a greater degree an issue than an answer for the worldwide environmental change issue. Above all else, what are carbon sinks? The earth contains different normal stocks or stores of carbon. These stocks can be found in the sea, woods, soils, and the climate. At the point when one of these stocks discharges carbon, for example, when a timberland is diminished by fire, disintegration, or deforestation, it is known as a wellspring of carbon. At the point when these stocks assimilate carbon they are called sinks (Sedjo, 4). The sea can hold the most carbon; it contains around fifty fold the amount of carbon as the environment. Timberlands and soils contain about 3.5 occasions as much carbon as the climate (Kolshus, 2). This paper for the most part centers around carbon soaks in woodlands since it is right now the subject under discussion in the environmental change system. Sinks can be utilized to moderate worldwide environmental change in two different ways: either by creating new woodlands to assimilate the carbon, or by forestalling the arrival of carbon into the air through activities, for example, deforestation (Pagiola, 25). Be that as it may, as of now there is an absence of agreement with respect to how much carbon can really be consumed by these sinks.

Lawrence’s Use of Time in Sons and Lovers Free Essays

Look at the author’s treatment of time. The utilization of time by the creator is a significant segment of exposition, as it gives the structure to the whole novel by controlling the topics and characters by the utilization of methods such a setting and portrayal. Children and Lovers is set in the mid 1900’s during the second modern upheaval in a little mining town in England. We will compose a custom paper test on Lawrence’s Use of Time in Sons and Lovers or on the other hand any comparative subject just for you Request Now By picking this timeframe and spot, Lawrence confines the subjects to be tended to, just as gives setting to the connections, events and conduct in the novel. The action of coal mining is a significant one in the book as it gives pay to the Morels just as many serious issues. This mirrors the perspectives on Lawrence who experienced childhood in a comparable circumstance and clarifies his enthusiasm for the subject of industrialisation and its effect on people. Lawrence, as an essayist of the Romantic Movement incredible restricted industrialisation as he trusted it cut off the bond with nature and demolished connections between people. These perspectives are clear in his composition as should be obvious the effect of Morel’s work as a coal digger on his family; this speaks to the circumstance in numerous families during the period. This likewise clarifies the stressed connections that numerous fundamental characters have with nature, for example, Paul, Miriam and Mrs. Morel. This relationship speaks to their otherworldliness and their getaway from industrialisation, particularly so by Mrs. Morel’s refusal to let her kids work in the mines as she trusts it will dehumanize them, as it did her significant other. The utilization of nature symbolism, wretched false notion and the complemented portrayal of nature all through the novel feature Lawrence’s own feeling toward nature. This topic is one quality of the period and is just capable be tended to in view of Lawrence’s decision in setting. The portrayal and structure are different strategies use to impact time. Children and Lovers a semi-self-portraying, mental novel that tends to the connection between a mother and her child and the mental results of this relationship. Lawrence deliberately organizes his novel in sequential request in order to follow the improvement of the characters consistently. This method permits an adjustment in hero, from Mrs. Morel to her child Paul. This change is important to feature the mother-child relationship and its development and improvement during the time just as their associations with different characters. At the point when we are first acquainted with Mrs. Morel, she had been hitched for a long time. Lawrence utilizes flashback to quickly investigate her relationship with her dad just as represent her first gathering and possible union with Morel. Here he builds up the subject of parent-kid connections and their impact on sentimental love in the novel and gives vital data the peruser needs to get Mrs. Morel’s conduct. The utilization of an ordered succession likewise capacities to expand the peruser enthusiasm as it keeps them inquisitive to the result of occasions and the goals of contentions between the characters. Despite the fact that the book is sequentially sequenced, the occasions are not equitably separated. Lawrence cautiously picks occasions that are of significance to the improvement of his characters as opposed to just portray their everyday exercises. This permits the peruser to watch the adjustments seeing someone in a brief way, for example, the weakening of the Morels’ relationship and the occasions that prompted it. We can perceive how Morel trimming William’s hair and locking Mrs. Morel out influenced their relationship and made her rely upon her children’s love instead of her husband’s. The exchange of friendship from William to Paul after William’s demise is likewise made clear. Paul’s development and improvement into youthfulness and the expanded possessiveness his mom because of his relationship of Miriam is additionally a key event. This control of time serves to keep the crowd intrigued instead of overpower them with tedious subtleties just as features just key occasions in the life of the Morels in order to guarantee perusers are made mindful of the topics that Lawrence wishes to feature, particularly those managing adoration and connections. Lawrence’s intentional control of time serves to adequately delineate the subjects he wished to address, for example, industrialisation, family and sentimental relationship using setting, sequencing and structure in an ageless way that despite everything keeps on connecting with crowds. The most effective method to refer to Lawrence’s Use of Time in Sons and Lovers, Essays

Department of Veterans Affairs Medical Claims Backlog Research Proposal

Branch of Veterans Affairs Medical Claims Backlog - Research Proposal Example The paper likewise features the potential answers for what can fortify the procedure of cases and diminish the cases accumulations experienced in the Department of Veterans Affairs (Dawns, 2013). This is a direct result of the cases accumulations the veterans experience because of a wasteful cases process. In the examination, it is recommended that another working VA framework ought to be introduced to check the cases overabundance and accelerate the cases procedure. It is prescribed that new staff to be recruited and prepared to utilize the frameworks that will be introduced. Articulation of the Problem In endorsing the cases, solid proof is required for veterans to approve their cases and be redressed. The VA should help the veterans during the time spent approving their cases for them to be redressed. The VA does this by recognizing and learning two significant things, which incorporate; regardless of whether a veteran has been hurt and whether the veteran was harmed in line of ad ministration. One of the prime purposes behind overabundance is the issue of the multifaceted nature of following the records that would be utilized to demonstrate the connection between the damage a veteran has suffered and on the off chance that he/she was in line obligation (Write, 2012). This examination targets setting up at how to increase and reinforce the cases procedure and help the veterans be truly be made up for certified harms they may have experienced in line of their administration. a. Nature of the Problem The procedure of cases has been debilitated to degree that veterans with veritable cases are here and there not remunerated in light of the fact that the cases procedure neglects to build up the association between the injury the veteran caused and whether the injury was brought about in line of administration. In a report gave in the United States, there are countless veterans despite everything sitting tight for their clinical cases. The veterans sit tight for ov er a year for them to be repaid their health advantages utilizing the VA frameworks. Brought up by the United States Sen. Schumer Charles, the veterans need to sit tight for longer than a year, or more for their cases to be handled and they are redressed. This is on the grounds that the government PC frameworks are perfect and henceforth making the cases methodology to be long and wasteful. This procedure of cases influenced the Central New York where in excess of 2000 veterans to sit tight for an extensive period for the long cases procedure to end (North, 2012). This cases build-up is fundamentally a result of the contrariness of the Defense Department PC framework with that of the Department of Veterans Affairs. b. Length of the Problem A long cases process has been of damage to the veterans who devote their life for the country to stand. This issue has been in presence for a significant impressive time, and the veterans have persevered through the torment of the long sitting tig ht periods for pay. By and large, a veteran with certified pay cases ought not hang tight for over a time of 30days for the cases procedure to be finished and his cases endorsed for remuneration (Herring, 2013). c. Assessed Cost to Fix the Problem The evaluated cost for a normal veteran was $1,100 each. The accumulations have prompted the loss of over $31,000 to be remunerated to a veteran. The evaluated cost of introducing the framework is 500 billion dollars (Downs, 2013). Answer for the Problem a. Proposed Solution In an offer to understand the expanded excess of cases, U.S Sen. Schumer, saw the need to sort out and pilot the push of new enactment planned for tending to the moderate cases

How to Get Rich Quick In These 6 Fantasy Worlds

How to Get Rich Quick In These 6 Fantasy Worlds How to Get Rich Quick in These 6 Fantasy Worlds How to Get Rich Quick in These 6 Fantasy WorldsHow does money work in the world of Star Wars, Harry Potter, or Pokemon? We dug deep into some of your favorite fantasy universes to find out!Everyone and their accountant is writing articles about how you can get rich in the real world. But what if you were magically transported to a fantasy setting? Maybe you opened a dusty book hidden in the library attic or your house got zapped with lightning while you were playing your favorite video game.Either way, all the stuff you learned about interest and low-yield savings bonds is worthless now! Unless it isn’t? Thankfully, we go to where other financial advice blogs are too afraid to go. To infinity, and beyond! (Except, uh, we aren’t covering Toy Story world.)Westeros Game of ThronesWesteros may not have paper money, but they do have coins with cooler names than “quarters” or “pennies.” When you open up your wallet in Westeros, you’ll find Gold Dragons, Silver Stags and … um Copper Pennies. Well, ALMOST every coin has a cooler name.We’re not sure when in Westeros’s history you’ve been transported to, so we’ll be sure not to spoil anything about a future that might not have happened yet. In general, however, power and money in Westeros are contained within the Great Families.Here’s how Lawrence Cicchetti, game design student at the University of Advancing Technology (@UATedu), explained it: “In Westeros, there are two houses considered to be the wealthiest: Lannister and Tyrell. Lannister is known for its large coffers full of gold and its immense lands. They are so famous that people think their house motto is, ‘A Lannister always pays his debts.’ House Tyrell has become rich, however, due to their large, fertile reach of land. They have the largest food stores in all of Westeros, which is one the most important resources when winter lasts seven years. Money is nice but worthless when theres nothing to buy with it. House Tyrell can raise and maintain an army based on the food they have.”That farmland is all the more vital because of the feudal nature of Westeros’s economy. “Westeros is a land that runs heavily on feudalism, Cicchetti told us. “This is a system in which those at the top have the power, and the people below them work for those above for protection.Feudalism is based on four key features:The king controls the armyThe lords look over the landKnights protect the landSerfs produce the food for the land“Food is the main form of currency in this system. While coins are traded, only the privileged will ever deal in coinage on a regular basis. The coins are as you would expect in a medieval setting, made of gold, silver, and copper. These values are usually measured in how much they can be used to buy. One gold coin could feed a peasant for a year.”Essos, the continent to the east of Westeros, has less centralized control. It’s composed of various “free cities” which, ironically, have a large slavery component to their economy. Braavos, the most powerful and wealthiest of the free cities, is home to the Iron Bank, which lends money to rulers. If it doesn’t get it back, it’ll fund the enemies of those rulers to overthrow the debtor and collect what the bank is owed.Your best bet for making it rich in Westeros is to have been born into a powerful and wealthy family. Failing that, maybe you could marry into a powerful and wealthy family. If that still proves too difficult, consider getting yourself some dragons and a loan from the Iron Bank so you can conquer a powerful and wealthy family.A Galaxy Far, Far Away Star WarsThe Star Wars films, games, books, action figures, and measuring cups have made more money than was previously thought to exist on Earth. Or, if you want to be slightly less hyperbolic, you could just say the entire Star Wars franchise is worth $42 billion.So, yes,  Star Wars is a financial empire unto itself but what about money in the Star War s universe? Is there a common galactic currency? Are Jedis salaried? Why is Jabba so rich?We reached out to some of our favorite Star Wars scholars for some financial insight…Writer and podcaster Mark Millien gave us a great introduction (imagine this text scrolling up into the blackness of space): “Forty years ago when the galaxy far, far away dropped out of hyperspace and into our collective consciousness it was rife with smugglers, trade consortiums, a thriving black market, and a commodities exchange that included slavery.”But let’s say you want to buy some droids. What currency will you be shelling out?“Credits, the common currency of the  Star  Wars  universe, are an electronic fiat currency backed by a central galactic bank,” Millien told us. “Funds can be accessed via a credit chip or cred stick that houses secure memory algorithms that track accounts across billions of worlds with complete accuracy. Though they can be hacked and tampered with, they can always be traced, thus thieves and the broader criminal element tend to prefer hard currencies made up of precious metals in the form of bars or ingots or trade goods. Investments in stocks, bonds and other notes of credit or securities were readily available to those who could afford them.”So who signs the back of a Jedis paycheck?Jason Hamilton, co-owner of pop up toy, comic, and collectibles site Pop Roc (@PopRocCulture) knows: “Jedi themselves didnt really have personal finances. The Order itself received some money from the Senate and would usually receive some payment when doing a job such as mediating a dispute. Moreover, there were often donations from rich and poor alike. These funds were all used for things like resources, improvements to the temple, mission expenses, etc. Jedi were minimalist. They each had their own lightsaber and tools, some clothes, and around the time of the Clone  Wars  they usually each had their own starfighter for mission purposes, but that was about it. Everything else was shared among The Order.”As far as how you should get rich in the Star Wars world… the Death Star was really expensive, so maybe try joining the Dark Side and working your way up? Probably not getting rich as a Jedi.The Federation Star TrekWhat about that other famous space series with “star” in the title? That’s right, we’re talking Trek.According to Millien, “Star  Trek boasted an egalitarian socialist economy where money was no longer necessary within the Federation, though served a purpose in wilder space.”Dave Arland, President of Arland Communications (@arlandcom), had this to say: “The use of money in  Star Trek  changed through the series. The original series had several references to ‘Federation credits,’ most obviously in the episode ‘The Trouble with Tribbles’ where a shopkeeper was selling unusual itemsâ€"including the ubiquitous tribbles.“Later incarnations also showed money being used, such as the notorious Ferengi ( a race entirely devoted to profit) on board the ‘Deep Space Nine’ space station.”It might be tough to get rich in an egalitarian society, but maybe try selling tribbles?The Wizarding World Harry PotterHow do the wizards of the Harry Potter universe manage their funds? We were able to ask our resident Harry Potter expert, Caroline Thompson (@coralinexmaria) that very question, and she was able to give us a comprehensive breakdown:“The witches and wizards living behind the Statute of Secrecy in the Harry Potter universe have a complicated relationship with money. You might assume that magic alone would be enough to run the fictional British economy, but wizards have a currency all their own, which makes little sense from an outside perspective.“Although the books take place in the 1990s, the wizarding community had not, at that point at least, seemed to have adopted the Muggle notion of credit. Instead, all their transactions take place in cold, hard cash, using oversized c oins called galleons, knuts, and sickles. Early on in Harry Potter and the Sorcerers Stone, gentle half-giant Rubeus Hagrid gives Harry the rundown on wizarding coin. In short:1 galleon = 17 sickles1 sickle = 29 knuts“While Rowling has stated that a galleon is ‘about five Great British pounds,’ that conversion doesnt actually make much sense when you look at the text. In 2016, a Redditor calling themselves aubieismyhomie made a detailed analysis of every purchase made in the entire series, and concluded that Rowlings conversion was way under the mark. Instead, they posited that:1 galleon = ~$251 sickle = ~$1.501 knut  = ~$0.05“Wizard money is controlled by goblins, kept in vaults deep in the tunnels of Gringotts Bank since 1474. While much is made of the fact that Gringotts is nearly impossible to break into, this does not, in fact, seem to be the case. In the seventh book, Harry, Hermione, and Ron manage to break in without much more than some Polyjuice Potion and the Imper ius Curse, which any wizard or witch worth their salt can muster.“If you want to get rich in the Harry Potter universe, you could either try and marry your way into a prominent family (the Malfoys are LOADED, yall!), get Harry Potter to lend you a cool $25,000 after he wins the Triwizard Tournament and use that to start a successful joke shopâ€"or just rob Gringotts, cuz apparently thats so easy a few sleep-deprived teenagers could do it on a whim.”Galactic Padishah Empire Dune  Frank Herbert’s classic series of Dune novels take place in a distant future that actually hearkens back to both the distant past and to the political present in which Herbert wrote them.Sure, there are spaceships and giant sand worms and powerful psychics and all that, but all of those futuristic tropes are in the service of a feudal system that relies almost entirely on one specific natural resource to sustain itself.This is one of the reasons that Herbert’s books feel so vibrant. For as much as t hey are about fantasy and derring-do, they are grounded in a very real sense of political and economic reality. Even once mankind masters intergalactic space travel, we’re still going to be fighting wars over the control of natural resources.(For this section, we’re going to be focusing on the first novel in the series, Dune.)When Herbert’s novel begins, the entire universe exists under the thumb of the Padishah Emperor Shaddam IV. Underneath the emperor, a series of royal families known as the Great Houses control sections of the Imperium on his behalf. Together, the houses form the Landsraad, a political body that serves as a counterweight to the emperor’s power.The universe’s third great power is the Spacing Guild, which controls all interstellar travel and trade. The Guild’s Navigators are the only people capable of achieving faster than light travel, which they can only do while high on the spice known as melange that is harvested from the desert planet Arrakis.Got all that?Well, we’re not done. There’s also the CHOAM corporation which basically controls the universal economy. The emperor and the Great Houses of the Landsraad, in turn, control the corporation’s board of directors. They all own shares of CHOAM and take in enormous profits because of it. Herbert admitted that he based CHOAM off of OPEC, or the Organization of the Petroleum Exporting Countries.But when you get right down to it, the economy of Dune all depends on melange. The spice directly empowers the Spacing Guild, but it also is the reason that the Emperor, the Landsraad, and CHOAM are able to accumulate such great wealth and wield such incredible power. Without the spice, there is no interstellar travel. Without interstellar travel, there is no interstellar trade. Without no interstellar trade or travel, there is no Empire.And what’s more, melange is a finite natural resource. It cannot be fabricated in a lab. It cannot be mass-produced.Paul Atreides, the hero of Dune , is the heir to the powerful Atreides house that has recently been granted control over Arrakis. When his father is assassinated by the rival Harkonnen house, Paul escapes to the desert and is seen as the long-promised Messiah of the Fremen, Arrakis’ native inhabitants. He leads the Fremen on an assault against not just the Harkonnen house, but against the emperor himself.When the battle is won, Paul confronts the emperor and forces him to abdicate. How? He controls the Fremen, which means that he controls the spice. He tells the emperor that unless he abdicates, Paul will cut off the melange altogether. The emperor abdicates because, otherwise, the Padishah Empire, the Laandsrad, the Spacing Guild, and the CHOAM corporation would all crumble into nothingness.The economic lessons of Dune do not center around money; they center around resources. Natural resources like oil, food, water, wood, land, metal, etc. are all finite. The more scarce they are, and the more necessary for a c ivilizations survival are, the more valuable they become, and the more power is bestowed to the person or group that owns them.If you see parallels between melange and oil, you’re not wrong.As far as getting rich in the world of Dune, if you understood all of that, you’ll probably get along just fine. If not, read it again.Kanto/Johto/Hoenn/Sinnoh/Unova/Kalos/Alola PokemonThe various Pokemon regions all use the same currency: pokedollars. Pokedollars are based on the Japanese yen. Whereas the yen symbol is a “Y” with two lines through, the pokedollar symbol is a “P” with two lines through it. It’s a little over a hundred yen to the dollar, and the rate for pokedollars to dollars is probably kind of similar.A can of soda in Pokemon costs 300 pokedollars. Assuming a standard soda can from a vending machine in America costs around $1.50, it might actually be closer to 200 pokedollar to the dollar.Meanwhile pokeballs, the handheld items that can capture and store enormous monsters through some sort of unexplained futuristic technology, cost 200 pokedollars each. So less than a can of soda. Pretty good deal!The main source of income in Pokemon seems to come from winning battles against other trainers, after which they’ll give you a chunk of money. So catching and training Pokemon feels like the best  and possibly only path to material success. There are also casinos, but we would never advise such a high-risk proposal as gambling when you could be building your nest egg through low-yield, low-risk Pokemon training and battling.For more dorky insightful money posts, check out these oldies but goodies from the OppLoans Financial Sense blog:The Blockbuster Costs of Real Star Wars Death Stars, Spaceships and More!Finance In The Federation: Captain’s Blog, Stardate 94159.32Geek for Cheap: Get Your Star Wars On Under Budget!Do you have any questions about the economics of your favorite fantasy world? Let us know! You can  email us  or you can find us o n  Facebook  and  Twitter.ContributorsDave Arland  is the founder and president of Arland Communications.  Lawrence Cicchetti  is a game design student at the University of Advancing Technology in Tempe, AZ.Mark Millien  is a writer and podcast host based in Dallas.Caroline Thompson (@coralinexmaria) is a Harry Potter enthusiast, a contributing writer for Vice, and a content manager at OppLoans.

Expansion of knowledge in the modern era - Free Essay Example

Owing to the rapid changes and explosion of knowledge we have to combat with the modern era. Research is the basic requirement of this and for the forthcoming challenges of the commercial and materialistic world. So understanding phenomena and making my mind practically explore. I joined FBL Arifwala and collected some data of the bank and compiled this report in such away that a salient feature to be highlighted for the researcher and concerning people of the bank. The division of this report consists of various chapters as in Introduction of Banking system, History of FBL, Marketing Operations. I discussed about the procedure of getting different type of loans and advances, then I discussed different departments and its function. I discussed the SWOT analysis of FBL. I gave different type of conclusion and recommend to different problems. History of FBL Faysal Bank started operations in Pakistan in 1987, first as a branch set-up of Faysal Islamic Bank of Bahrain and then in 1995 as a locally incorporated Pakistani bank under the present name of Faysal Bank. On January 1, 2002, Al Faysal Investment Bank Limited, another group entity in Pakistan, merged into Faysal Bank Limited which resulted in a larger, stronger and much more versatile institution. Faysal Bank Limited is a full service banking institution offering banking facilities to its individual and corporate customers. Our widespread and growing network of branches in the four provinces of the country and Azad Kashmir, together with corporate offices in major cities, provides efficient services in an effective manner. Faysal Bank also operates standalone Islamic banking branches under Barkat Islamic Banking brand. Faysal Bank is a progressive financial institution, forever striving to offer innovative products and quality services in easily accessible ways for greater customer convenience. We offer value added deposit products and customized consumer financing solutions. We also offer a host of corporate, commercial and investment banking services which include funding and trade finance facilities and corporate advisory services, along with a wide array of tools to help customers achieve their business goals. The strength and stability of Faysal Bank Limited is evident through the Credit Rating of AA (Double A) for long to medium term and A-1+ (A One Plus) for short term assigned to it by both JCR-VIS Credit Rating Company Limited and Pakistan Credit Rating Agency Limited (PACRA). The majority share holding of Faysal Bank is held by Ithmaar Bank B.S.C, an investment bank listed in Bahrain with the balance shares in the hands of general public, NIT and other Pakistani institutions. introduction of fbl arifwala FBL inaugurated is new branch at Thana Bazar Arifwala in December, 2008. On the very first day Bank gained deposit from different customers almost four lacks. The major competitors of FBL are Habib Bank, Bank Alfalah, The Bank of Punjab and The National Bank earned the huge profits. Therefore, to gain the business FBL launched its Arifwala Branch with bright and clear vision of customer service. In short period of time branch achieved tremendous deposits. Volumes and prove his reorganization in banking industry of Arifwala. Introduction of FBL Vision Statement Excellence in all that we do. Mission Statement Achieve leadership in providing financial services in chosen markets through innovation. Core Values Our daily code of conduct. structure of fbl Organizational Structure (Organizational Chart) 3. business operation 3.1 branch structure 3.2 SWOT ANALYSIS Strength FBL developing delivering the most innovative products. The customers are satisfied with the bank services. Branch Manager and Area Manager having good coordination with staff and make environment friendly. Customer gives suggestion for the improvement of bank. Bank is having the security system like /CCC. Employees should be provided sufficient salary so that he may work whole heartedly and devotedly Bank provides entertainment facilities to every customer. Backed by strong Ithmarr Bank B.S.C an Investment Bank. FBL is pursuing the path of excellence keeping in view the satisfaction lf its Customers. His priority is the best service to his customers. FBL provides the fiancà ©s assistance to every individual for car, home fiancà ©, and agriculture which facilitate bank to get market excellence and move towards prosperity and development. Weaknesses The bank is not educating about his products and services. The bank generally gives importance t o rich and educated people while ignoring the uneducated people. The bank should help his customer how to fill forms slips and cheque. The rural customer feel hesitant to enter in executive environment and have problem with language, (Language barrier / Urdu, English conversation. Less volume as compare to big cities. Mismanagement of time is another big mistake FBL branches. The bank is not quick in a Service to the Customers in depositing and withdrawing. OPPORTUNITIES: The new government strives to uplift the economy and do reforms in financial sector it will yield positive result in the banking industry of the country. Steps are taken by the Government regarding the betterment of the economy, small borrowers are attracted to get the financing and start small businesses. FBL faces hard Competition so he should take aggressive steps to increase its business. Introduces credit card facility. Establishing foreign branches FBL introduced number of financial schemes including Faysal Moavin, Faysal Izafa, Faysal Izafa plus, Term deposits etc. During few years FBL deposits have been increasing .this is very healthy sign. Threats  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€š The Competition has become severe by the entrants of so many banks in the town. Excellent arrangements and good services are to be provided to satisfy its shareholders otherwise they will lose their confidence. The current economic situation of the country affecting the business activity. The economic conditions of the country are deteorating day by day and it doesnt make healthy effect on the banking system.  3.3 MARKETING STRATEGY Marketing policies are also one of the most important policies because they are related to the growth of the organization. Marketing for a bank would mean: Creation of new product and services. The bank marketing must be consumer oriented. To provide the maximum awareness of IT (ATM use) to customer. Provide better services to customer satisfaction. Avoid racism among customers. Customize products according to customer need. Provide good environment to customers so that they can easy feel FBL Arifwala branch offers a special rate to customer Advertisement policies of this branch are very attractiveness for customer These policies can be implemented by providing the facilities and services to the customer at the right place, at the right time, at the right price. It is necessary for the managers to keep in touch with consumers, observe their needs and develop products, which meets their needs. PROMOTIONAL POLICIES: Public relation and advertising has assumed a great significance in the modern banking business. The main objectives of the bank are to inform and motivate the existing clients as well as new ones. FBL establishes its purpose through The existing account holder. Actuate its own employees. Integration with business organizations. Community relations. 3.4 COMPETITIVE Edge: Same is the case with the services offered by Bank. Services are the main tool through which the bank acquires new customers and retain them. These services are not merely to earn profit, but to keep pace with the changing needs of the customers and modern days banking trends. These services include Home Remittances, Hajj Services, Utility Bills, Lockers and Commodity Operations. Along with these core services provided by the bank, online banking and Internet banking serve as supplementary services. Call Center: Centralized (24x 7) call center facilitate the customer all around the country. 24/7 call center 0800-111-325 Free service No charge for customers maintaining monthly average balance of Rs 500,000/- for Faysal Sahulat current accounts on the following services: Issuance of Pay Orders 120 per year. 1 small locker per customer (subject to the availability) Duplicate statement of account. Annual fee of pocket mate visa debit card. Issuance of check cheque book 100 leaves per year. Online Facility: Now the bank gives you the absolute convenience of instant access to a host of banking facilities and personalized services 24 hours a day, 7 days a week, 365 days a year. Online Features: In online banking Faysal Sahulat is the supreme. The account is specially designed to address the needs of those individual (joint, salaried, retired) and business customers who seek instant access to their funds at any FBL Branch across Pakistan. Balances can be checked from any Branch. Facility is available for the transfer of funds. Know the history of your account. Take the statement of your account through fax. Get information about currency exchange rates. Find out status of your card or loan application Instructions to stop payment are also available. Incase cheque book is lost, it can be reported. Facility to change address and telephone number is available. Internet Banking: Internet Banking offers the customers convenience to manage and control his banking and finances when she/he wants, where she/he wants! Its Simple, Convenient, Secure and Faster. So, just by clicking one can enjoy this facility. ATM card facility is also available. Convenience: Why visit the bank when you can better use your precious time to meet other commitments? With ONLINE, our special discounted charges also offer you substantial savings. 3.5 Business process analysis PRODUCT AND SERVICE: FBL is a progressive bank striving to offer innovative products, easy accessibility, quality service convenience to our customers. We offer customized financing solutions with flexible criteria and convenient loan tenures. You can avail car, home and personal loans through our various branches. We also offer a host of Corporate Investment Banking Services to our clients, which include financial and corporate advisory services, along with a wide array of tools to help them achieve their goals. Deposit Accounts Consumer Loans Faysal Savings Account Car Finance Rozana Munafa plus Account House Finance Basic Banking Account Faysal Moavin Faysal Premium Faysal Izafa Mahfooz Sarmaya FCY Saving Plus Corporate Investment Banking Services Corporate Financing Pocket Mate Visa Debit Card SME Finance Trade Financing Transfer of Funds Treasury Capital Markets Safe Deposit Lockers Investment Banking Non-stop Banking Agricultural Financing Cash Management Account Opening Activity: Required docoument: NIC copy of customer Introducer ID Copy. Business Card/ Salary slip. Customer: The person who actually open the account or getting services. Introducer: Introducer is a person having the account in same branch and gives guarantee about the customer. If the introducer is not proper than state bank charges RS 5000/- per head from that employee of the bank who has opened the account of the customer on the request of the introducer. Procedure of Account Opening: First of all, the customer is required to fill an application form. Then he attaches the photocopy of his identity card and fills the signatory cards. Now he fills the pay-in slip and deposits money on the counter. Bank allotted an account number within one day after confirming from the head office which is at Mall road Lahore. Now he fills the pay-in slip and deposits money on the counter. Account holder Documents: Applicant Form. Signature card Next of kin Account Opening Form: Account opening form consist of Category of account Currency Title of account Account number Customer information Initial deposit Authorized person in case of customer death Specimen Signature Card: Specimen signature card is kept to check the correctness of signature. (According to NIC) Next of Kin: In the next of kin the customer authorized the bank to pay the proceedings of her/his PLS/Current foreign currency account to the related person by describing the relationship of the person with the customer after the death of the customer. Letter of Thanks: After opening an account the bank will issue the letter of thanks to the customer. Issuance of Cheque Book: Cheque book is issued to the customer after sending the letter of thanks when the customer comes with the latter of thanks and requests for the issuance of the cheque book. A cheque book (usually having 25 leaves) is issued to the customer. Closing of Account: The customer can close the account. The customer is required to submit an application for closing the account. The account is closed out and his balance is paid to him after deducting the closing charges. There are many reasons for closing of account Account holder Owen request Death of account holder Closing of account due to the bad manners of account holder Required Procedure for Opening an Account: First of all, the customer gets an application from the bank, which requires all information necessary for opening account and also the documents required. An account can be opened as: An individual account Joint account Proprietorship account Limited company account Partnership Information Required by the Bank: Name Address Telephone No. Currency of Account Nature of Business Country of Residency Special instructions regarding the account Signatures Documentation In case of limited company accounts: Photocopy of National Identity Card of each director Application form Copy of companys memorandum and articles of association List of directors Copy of board resolution Certificate of incorporation Their signature cards Certificate to commence business Documentation In case of Partnership Account: Application form A copy of partnership deed Signature cards of partners Registration certificate copy A copy of National Identity Card of each partner REMITTANCE DEPARTMENT ACTIVITY The need of remittance is commonly felt in todays business. A major function of any bank is to transfer of funds from one place to another. FBL uses the following modes of transfer of funds. a)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Demand draft (DD) b)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Pay order (PO) c)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Call deposit d)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Pay slip Demand Draft It is instrument, which is used to transfer amount from one city to another city it can be made on cash as well as on cheque. If it is made through cheque that it is necessary that person must be A/c account holder while in case of cash any person can make. The demand draft is secured mode of payment. It consists of three copies. 1)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Original copy, which is given to account holder. 2)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   DD advice is sent to the central branch. 3)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Third copy is for reconciliation. Its photocopy is kept with us (bank) While original is sent to head office for reconciliation. Procedure The client who wants to transfer his fund from one place to another he is required to fill the banks slip (DD). Beneficiary name Applicants name Address Amount to be sent etc. Bank deducts some charges against DD. CASH DEPARTMENT ACTIVITY Cash department of FBL works under the operation department. This department is given the complete responsibility of cash, as result of transaction in touch local and foreign currencies. It is also responsible for the book keeping of these transactions and the safe custody of cash. This department performs the main function. a)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Cash receipts b)  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Cash payments Cash Receipts The customer deposit the amount with deposit slip to cash counter. The officer check the amount according to slip and confirm with computerized receipt to the customer. CASH PAYMENTS OF CHEQUE Mr. Tariq deals with cash payments the process for payment of cheque local and foreign currency is same. First the cheque is presented by the customer or holder to cash payment officer. He confirms that it is drawn on the same branch and the particulars of cheque are properly filled in. Two signature of the holder is taken on the back of the cheque. Cheque is handed over to the officer cash department for scrutiny where officer checks the date, amount in wor ds and amount in figures, payees name, crossing if any, account number, cheque serial number, any material alterations / endorsements and signature of the customer. Account is debited and then the officer cancels cheque. It is posted in the system and posting stamp and number is affixed on it. Cheque is handed over to the cash payment officer for payment. One more signature on that back of the cheque is taken from the holder to match with the first one, and then cash is paid to the cash detail is written on the Back of the cheque. Cash paid stamp is affixed on the face of the cheque. Entry is passed in the cash payment register and system. Consumer Loans ACTIVITY Faysal Car Finance: Plan your finances in a way that is straightforward, affordable and easy to attain, now its easy to be in the driver seat! Faysal Car Finance is available for Locally manufactured vehicles Tenure up to 5 years Variable rate lease (12 month KIBOR + 5% annually) Minimum customer equity 20% Eligibility Criteria Applicant should be between 21 years to 60 years of age. With 3 years of employment or established business. Documents Required For Salaried Individual/Professional Individuals Attested copy of CNIC (please bring original CNIC for verification) 2 recent passport sized photographs. Proof of income (Salary Slip/ Salary Certificate) Proof of profession/business. Bank statement for past 12 months. Copy of latest Utility Bill / Bills of Cell phone / Credit Card Bills. NTN Certificate. Copy of valid driving License. Duly filled application form. Faysal Home Finance Live a happy and carefree life, away from financial worries, in a way that is straightforward, affordable and easy to attain. Faysal Home Finance is available for Buying a new home Building a new home Renovation of existing home For Buying a Home Maximum financing amount available is 70% of the market value of property Repayment period is between 3 years to 20 years. For Building a Home Maximum financing amount available is 70% of value of land plus construction. Repayment period is between 1 year to 20 years. Repayment is monthly installments. For Renovating Home Maximum financing amount available is 50% of the market value of property or Rs. 20 million, whichever is lower. Repayment period is between 3 years to 20 years. Repayment In monthly installments. Eligibility Criteria Applicant to be between 21 years to 60 years of age, Resident of Pakistan or a non resident Pakistani. With 2 years of employment of which at least 1 year at present place of employment or 3 years established business. Applicant is tax payer and holds a valid NTN. Document Required Attested copy of CNIC (please bring original CNIC for verification) 2 recent passport sized photographs. Tex returns for past 3 years. Bank statement for past 12 months. Copy of latest Utility Bill / Bills of Cell phone / Credit Card Bills. NTN Certificate. Faysal Personal Finance Get rid of your financial anxieties. Live comfortably in a straight forward, affordable and easy to attain way. Faysal personal finance for is available for Up to an amount of Rs. 5,00000/- Equal monthly installment. Repayable over three months. Eligibility criteria Applicant to be between 21 years to 60 years of age. Minimum net income 30,000/- per month. Applicant is tax payer and holds a valid NTN. Corporate and Investment ACTIVITY Corporate Financing: FBL Limited is fully geared to meet the changing economic challenges present in Pakistan. We are ever striving to build meaningful relationships with our customers and become partners in their growth and progress by acting as financial advisors and consultants as well as financiers. Our Corporate Finance Group extends both short and long term financing facilities designed to fulfill the individual need of each corporate customer. Small and Medium Enterprise Financing: Small and Medium Enterprise (SME) unit of the Bank is geared towards catering to the banking requirements of small to medium businesses in a timely and therefore cost effective manner. All the branches of FBL are equipped to speedily attend incoming financing requests from SMEs. We help our customers grow from strength to strength by acting as their bankers and financial advisors. Trade Financing: FBL has established a strong presence globally in Trade Financing through its network, affiliates and correspondents. The Bank has conveniently maintained relationships with major banks in the international financial market and continues to develop new ones wherever needed. Our Trade Finance services include a full range of import, export and guarantee products, thus offering tailor-made solution to fit the individual need of each customer. Treasury and Capital Markets: FBL Treasury is one of the leading market makers in quoting competitive prices in all major currencies and provides dynamic corporate and institutional Marketing teams with up-to-date market information. Our cutting edge is the in-time advice and execution of deals for our customers. FBL treasury team strives to satisfy the customers financial needs in a timely and a flawless manner. FBL has earned immaculate reputation in the field of Capital Markets, which is quite evident from our track record and market share in this area. Investment Banking: With the ever-changing business environment in Pakistan, companies need expert partners with a keen understanding of business to help achieve profit objectives. At FBL, we offer the leaders of businesses and institutions, corporate advisory services and a wide array of tools to help them accomplish their goals. We advise and facilitate the arrangement of commercial paper, syndications, mergers, acquisitions and underwriting arrangements amongst many others. Whether the customers require financing of a project or managing of investments, we can guide them through the markets and tailor a solution to meet their specific needs. Agricultural Financing: FBL offers specialized products for the agricultural sector. The branches located in agricultural areas of Pakistan are all equipped to help the local farmers improve their yield and methods of farming by offering timely and affordable modes of financing to suit their needs. To increase its outreach into agricultural regions of Pakistan, FBL has entered into strategic alliances with other specialized banks through which it will be financing the needs of farmers. 3.6 Analysis: After working in that environment of FAYSAL Bank of Arifwala I found following point in analyzing Business Process of the Organization. Well-Defined Tasks and Duties: The tasks and duties are defined in such a way that it becomes very easier for the employees to perform their assigned tasks. Due to the implementation of modern techniques the efficiency and accuracy of the work force has been greatly increased. Proper Supervision: There is a proper supervision system to check and evaluate the performance of each employee. It is the duty of Operations Manager to make sure that every employee is giving the desired performance. Caring Environment for the customer: The environment of the bank is caring for the customers and every customer is dealt with proper care and attention. All the employees have very professional attitude and know the worth of the customer for the business. Cooperative and Supportive Staff: The behavior of the staff with the customers is very cooperative and every employee is ready to facilitate the customer on his best in order to increase the customers satisfaction level. Lack of customer relationship desk: It was observed that there was no customer relationship officer is the branch to guide the customer to solve their problems and to tell them that what should they do and where should they go for the solution of their problems. As a result the customers keep on disturbing all the employees in order to get their problem solved. Difficulty in Handling of Illiterate Customers: As the branch is located in such an area where main business is of spare parts and steel manufacturing, the majority of the customers is illiterate. Thus it is not very easy for the Employees to handle these customers. Increashed Workload: Due to the new regulations of the state bank to deduct 0.3% tax on every check amounting to more than 25000, the customers started issuing too many check to avoid this tax. As a result the overall work load on employees has been significantly increased. Employees Motivation: It was observed that at present motivation level of the employees is not very much high because of the currently announced salary increments, which is not up to the employees expectation level and because of some other reasons such as, increased workload etc. 4. LEARNING as a Student Intern 4.1 Duties Among different departments are the following. Fund Mobilization Department Remittance Department. Accounts Department Sorting of cheques and vouchers. Cutting of day end reports arranged and also put these into files. Punching of documents to put these into files. Copies at photocopy machine. Making of different expense vouchers for Branch. Making letter for sending to customer in case of dormant account. Stamps on completed vouchers for keeping of record. Making entry of completed vouchers into voucher register as well as into computer. FUND MOBILIZATION DEPARTMENT Procedure of customers Account Opening. Letter of thanks for sending to the customer against opening of Account. Entry of these letters into register before posting to customers. Pasting of Account opening documents into separate register after completion of Account opening procedure. REMITTANCE DEPARTMENT Stamps at the back of cheques for Token no. and detail of notes. Entries of these cheques into payment register of cashier as well as into token register. Filling up of cheques and slips in case of payments and receipts of cash. 4.2 ACCOMPLISHMENTS By performing above activities every one is able to perform all the activities of account department as well as fund mobilization department. 4.3 New knowledge Acquired The thing are learnt, Manage time for reach to the office as well as to finish my official work. Deal with customer according to their personality. Open an account with different procedure in case of different situation. Punch documents for putting these into files Copy at photocopy machine. Analyze different day end reports. Fill a different voucher which is use as daily routine I learn how analyze statement of affair I get a knowledge about procedure of issue of loan Know about agri finance department and about of activity Learn how mange finance and budget I learn the techniques, customers relation and negotiation skills. Problems Encountered During the internship, I had a little bit problems. Because the branch was newly established. I have problem to analyze the income statement but the senior officer helps me. Getting customer views regarding FBL _ Problematic, because customers are dissatisfied. Branch located is faraway from the business market ( Grain, Fruit, Vegetable) so the clients are reluctant to deposit huge amount of money. Bank has shown remarkable growth during the last years and earned profits. But in banking environment where other commercial banks are developing their system and providing more attractive packages to the clients. Agri finance dept offers loans to farmers more then 10 acres of land. FBL setup is new, working is fully computerized but there is no appropriate support i.e. shortage of IT equipment. Moreover ATM facility is not available for accountholders. 4.5 How Internship will Impact My Carrieer This internship at Faysal Bank will prove very important for me during my professional career. Because it was my first learning experience of working in a organization. It will be very helpful for me to show discipline, hard working and how work is done in any organization. No doubt it will prove a bright sign in my future. The following experience has gain during working with operational management. Control of Expenditure The studied that there should be a control on expenditure, which will help in increasing profitability of organization. In practical the things observed that branches reduce their expenditures and cost of services. Finalization of accounts The studied that organizations prepare their profits and loss accounts, balance sheet, cash flow statement and also monthly and annual reports. Practically analyzed that these statements along with customer accounts (transactions) are compiled on the daily basis due to efficient computer software Bank Smart. Information Management The studied that finance department is a decision tools to management, in practice it is analyzed that accounts department, prepared daily reconciliation regarding deposits, reports for management. Decision making 5. CONCLUSIONS AND RECOMMENDATIONS After spending six weeks at different departments of the bank, interacting with the employees, getting their views, observing the organizational structure and design, the following suggestions that can improve a few weaknesses observed in the bank. Flexible Policies The bank should be adopting flexible policies, especially in the areas of the recruitment, promotions, evaluation of the employees otherwise the high turnover observed in the bank will continue to create problems for the bank now and in the future. Job security Present, employees are not satisfied with the job. Lake of training and seniors Pressure provide dissatisfaction to the employees. Permanent Hiring The fresh hiring should be made permanent so that they are secured of their future. Further the allowances and perquisites attached with the permanent jobs will also increase the motivation level of the employees. Job Training Programs The bank should place emphasis on the organization of effective training and development programs for its new as well as existing employees so that these are gradually updated regarding the recent developments in the field of banking. Perquisites and Allowances The number of allowances and perquisites for the employees should be increased to ensure that they put their body and soul in the jobs assigned to them. Revival of the Charges The rates for the various charges provided by the bank should be brought down a bit, as it would result in increase in the number of customers of the bank. Adoption of Effective technology The current unibank system used by the bank is very slow in processing so my view is that the bank should try to adopt some other but more effective form of technology in order to provide comfort to the customers as well as the staff. Decentralization The higher authorities should form team-based management rather than centralized management. It would result in improvement in uplifting the morale of the employees. They will be more motivated and involved in all their operations resulting in overall effectiveness of the organization. Glossary BM Branch Manager OM Operation Manager CSO Customer Service Officer CRM Customer Relationship Manager CRO Customer Relationship Officer AOF Account Opening Form PKR Pakistani Currency A/C Account ATM Automatic Teller Machine PIN Personal Identification Number CNIC Computerized National Identity Card Number NTN National Tax Number OBC Outward Billing Collection CBR Cheque Book Request DD Demand Draft KYC Know Your Customer