55 Boxing Idioms

55 Boxing Idioms 55 Boxing Idioms 55 Boxing Idioms By Mark Nichol Despite the waning popularity of pugilism, or the sweet science, as boxing is also called, the sport has contributed a number of colorful words, phrases, and expressions out of proportion to its current stature among athletic endeavors. Here is a list of idioms that originated in boxing and were subsequently extended to the world outside the square ring. 1. bare-knuckle: fierce or determined (from boxing done without gloves) 2. beat (someone) to the punch: accomplish something before someone else does 3. blow-by-blow: a detailed account (referring to commentary during a boxing match) 4. bob and weave: be evasive (as a boxer ducking to avoid an opponent’s blows) 5–6. come out fighting/swinging: be immediately aggressive or energetic 7–10. deliver/land a (knockout) blow/punch: hit 11. down and out: destitute (an analogy to a boxer who has been knocked down and remains motionless) 12–13. down/out for the count: defeated or overcome (as a boxer who has run out of time to stand up after being knocked down) 14–15. drop/take off the gloves: abandon civility (from the practice of using bare fists rather than gloves) 16. duke it out: argue (likely from dukes as rhyming slang for fists; â€Å"duke of Yorks† was substituted for forks as slang for fingers or hands) 17. glass jaw: vulnerability (from a reference to the target point on a boxer that is most fragile) 18. go down swinging: persist (from the notion of a boxer fighting up to the point at which he or she is knocked out) 19. have (someone) in your corner: have an ally (from the boxer’s support team, positioned in a corner of the ring) 20. heavy hitter: an influential person or other entity (from the term for a boxer who lands particularly hard punches) 21. heavyweight: see â€Å"heavy hitter† (from the boxing and wrestling weight class) 22. hit below the belt: act unfairly (from the act of landing a blow below an opponent’s waist) 23. in-fighting: conflict within a group (from the term for boxing close up) 24. keep (one’s) guard up: stay alert (from the idea of protecting one’s face with a gloved hand) 25. kisser: lips 26–28. knockout/KO: a decisive blow; a knockout is also a very attractive or impressive person 29. lead with (one’s) chin: take a risk (from the inadvisable act of exposing one’s chin) 30. lightweight: an insignificant person or entity (from the boxing and wrestling weight class) 31. low blow: a hurtful or unfair action or comment (see â€Å"below the belt†) 32. on the ropes: in trouble (an analogy to an exhausted boxer who is hanging onto a rope on the perimeter of the ring) 33. one-two punch: a combination or sequence of two impactful things 34. pull (one’s) punches: hold back from using full force or full resources (as when a boxer does not use his or her full strength) 35–36. punch-drunk/punchy: dazed or fatigued (from the notion of a boxer disoriented from receiving multiple blows) 37. put up your dukes: said by someone as an invitation to fight (see â€Å"duke it out†) 38. ringside seat: a position close to an incident or event or chain of events 39. roll with the punches: be flexible (from the idea of a boxer remaining in motion despite having received repeated blows) 40. round: one of a series of activities or events (from the name of a period of time during a boxing match) 41. saved by the bell: rescued from difficulty at the last moment (from the bell rung at the end of a round in boxing) 42. slap-happy: see â€Å"punch-drunk/punchy† 43. slugfest: a literally or figuratively combative event 44. spar: fight or dispute (from the term for a boxing maneuver, used in the phrases â€Å"sparring match† and â€Å"sparring partner†) 45. square off: prepare for conflict (from the tradition of boxers standing facing each other at the beginning of a match) 46. straight from the shoulder: direct and forthright (an analogy to a blow delivered using one’s full strength) 47. sucker punch: an unexpected blow 48. take a dive: fail (from the slang phrase referring to a boxer falling after being struck) 49. take it on the chin: stand up to criticism (from the idea of a boxer receiving a blow on the chin without falling) 50. the gloves are off: said when someone begins to act mercilessly (in reference to boxing without gloves) 51–53. put/throw/toss (one’s) hat into the ring: issue a challenge or indicate one’s interest in participating (from the custom of a challenger throwing his hat into a boxing ring when a boxer takes on random opponents) 54. throw in the towel: give up (from the custom of a member of a boxer’s support team tossing a towel into the ring to indicate that the boxer concedes defeat) 55. undercard: a subordinate activity or event in a series (from the term for the category of one or more boxing matches preceding the featured bout) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:25 Subordinating Conjunctions"Gratitude" or "Gratefulness"?The Two Sounds of G

Definition and Examples of an Anecdote

Definition and Examples of an Anecdote An anecdote is a brief narrative, a short account of an interesting or amusing incident usually intended to illustrate or support some point in an essay, article, or chapter of a book. Compare this to other literary terms, such as parable- where the whole story is a metaphor- and   vignette  (a brief descriptive story or account).  The terms adjective form is  anecdotal.   In  The Healing Heart: Antidotes to Panic and Helplessness, Norman Cousins wrote, The writer makes his living by  anecdotes. He searches them out and carves them as the raw materials of his profession. No hunter stalking his prey is more alert to the presence of his quarry than a writer looking for small incidents that cast a strong light on human behavior. Examples Consider the use of an anecdote to illustrate something like the literary version of a picture is worth a thousand words. For example, use anecdotes to show a persons character or state of mind: Albert Einstein:  There was something elusively whimsical about Einstein. It is illustrated by my favorite  anecdote  about him. In his first year in Princeton, on Christmas Eve, so the story goes, some children sang carols outside his house. Having finished, they knocked on his door and explained they were collecting money to buy Christmas presents. Einstein listened, then said, Wait a moment. He put on his scarf and overcoat and took his violin from its case. Then, joining the children as they went from door to door, he accompanied their singing of Silent Night on his violin.(Banesh Hoffman, My Friend, Albert Einstein.  Readers Digest, January 1968)Ralph Waldo Emerson:  In [Ralph Waldo] Emersons later years his memory began increasingly to fail. He used to refer to it as his naughty memory when it let him down. He would forget the names of things, and have to refer to them in a   circumlocutory  way, saying, for instance, the implement that cultivates the soil for plo w.(Reported in Clifton Fadiman, ed., The Little, Brown Book of Anecdotes, 1985) Brainstorm to Choose the Right Anecdote First, consider what you want to illustrate. Why do you want to use an anecdote in the story? Knowing this should help brainstorm the story to choose. Then make a list of random ideas. Just free-flow the thoughts onto the page. Examine your list. Will any be easy to present in clear and concise enough manner? Then sketch out the basics of the possible anecdote. Will it do the job? Will it bring extra layers of evidence or meaning to the point youre trying to convey? If so, develop it further. Set the scene and describe what happened. Dont get too long-winded with it, because youre just using this as an illustration to your larger idea. Transition to your main point, and hearken back to the anecdote where needed for emphasis. Anecdotal Evidence The expression  anecdotal evidence  refers to the use of particular instances or concrete  examples  to support a general  claim. Such information (sometimes referred to pejoratively as hearsay) may be compelling but does not, in itself, provide  proof. A person may have anecdotal evidence that going out in the cold with wet hair makes him or her sick, but correlation is not the same as causation.

Saudi Arabia - Pestle Analysis Research Paper Example | Topics and Well Written Essays - 1750 words

Saudi Arabia - Pestle Analysis - Research Paper Example Political Factors After the recent uprisings in the Middle East, regime stability in the region is under serious threat. Even though there are no serious threats in the near future, Saudi Arabia’s long-term stability has been questioned. The country is facing a dual problem of responding to the pressures of a reform and also having to counter extremist violence in the region. Saudi Arabia has developed a strong Islamic self-identity. Numerous Islamist groups have known to have made the country their home and also they are being funded by affluent Saudis (BBC, 2012). Since recent extremist attacks, political reform has garnered great support. Even though there were elections held in 2005, democracy was not exercised to the fullest as political parties were banned and women were not allowed to vote. Protesters opposing in public call for the risk of arrests and it is from outside the country that the opposition functions. If there would be an uprising similar to the ones in the region, then that would mean disaster for political stability (BBC, 2012). In the near future, political stability is not threatened and the government has taken various steps to ensure citizens are happy. Government spending and wages have increased greatly in the last couple of years. Also, Saudi Arabia is the largest oil exporter in the world, its internal stability is of prime importance to international powers and hence international is expected to take all measures to ensure stability in the country (Zand, 2011). As mentioned, many reforms have been announced on all fronts by the government with a vision to strike balance between modernization and Islamic wisdom (Shaheen, 2010). Freedom of speech has come of age in the recent years, even though there are constraints. The Kingdom’s policies encourage foreign investment and active participation of foreign companies. There are no restrictions on the movement of capital in and out of the country. Foreign investments enjoy t he same benefits (such as tax exemptions, customs duties, etc) as that of national capital as long as they are in accordance with the Foreign Capital Investment Code. A drawback here is that investment should be economic development projects and should accompany technical knowledge (Saudia-Online, 2010). Overall, the country is politically stable and is attractive in business terms but businesses must closely keep an eye on the movements that can influence long-term political stability. Economic Factors The current business cycle stage of Saudi Arabia is that of a retrenchment and restructuring cycle similar to the one witnessed in between 1996 to 2002. In the earlier phase, major restructuring and reforms took place. The major focus of the government was to ensure that key driver of growth was the private sector.

The world history Essay Example | Topics and Well Written Essays - 1250 words

The world history - Essay Example Human rights are rights inherent to all people whatever the nationality, race, ethnic origins, national, colour, religion or any other status. The horrors that followed World War II reaffirmed the demands of early twentieth-century internationalists to establish a Universal Bill of Human Rights. It would require â€Å"every nation to recognize the equal right of every individual on its territory of life, liberty and property, religious freedom and the use of his language† (Davies 110). The Universal Declaration of Human Rights has been integral in anticipating future needs and problems of the coming generations on matters concerning human rights and self-determination. This paper tries to analyse the significance of the declaration in anticipating of these needs, as well as its failures in the same. The period following the Second World War II (more than half a century ago) has seen an improvement in the protection of universal of Human Rights through the success is still being bogged down by several factors. The universal Of Declaration of Human document contains a total of thirty articles each characterising the individual human rights and freedoms. The declaration was a precursor to other binding human rights conventions and agreements. The Convention on the Elimination of All Types of Racial Discrimination and the ICESR are examples. The declaration has served as a preventative tool in various ways. The declaration articulates the philosophy that human rights education empowers individuals to contribute to the prevention of human rights abuses through the building of a culture of human rights. Article 4 of the declaration acknowledges the preventative power of Human rights education through combating of discrimination, racism, harmful attitudes and practices as well as hatr ed (Elkins, Tom and James 50). This article pre-empted the various atrocities that were to

Technological Innovation in Indian Banking Sector Essay Example for Free

Technological Innovation in Indian Banking Sector Essay TECHNOLOGICAL INNOVATION IN INDIAN BANKING SECTOR – USE OF IT PRODUCTS Dr. Kanhaiya Singh, Professor, Fore School of Management, New Delhi,India Dr. U. S. Pandey, Associate Professor University of Delhi, New Delhi, India Priya Gupta, Asst. Professor, SSCBS, University of Delhi, Research Scholar, BIT(Mesra) Ranchi ABSTRACT Transformation is taking in Indian banks from all verticals, and subtle and not – so – subtle makeovers in banking products are dynamically altering the face of banking. The research paper focuses on the way transformation is affecting the banking sector and the way use of IT products have changed the face of banking in India. It reveals current environment of the banking industry; the factors that have brought changes in the industry; and the way these changes have contributed to the development of banking. This paper concludes that financial market has turned into a buyer’s market. Banks are have now bloomed into one-stop Supermarkets. Their focus is shifting from mass Banking to Class banking with introduction of value added and customized products. Technology now allows banks to create what looks like a branch in a business building’s lobby without having to hire manpower for manual operations. These branches are working on the concept of 24 X 7 working made possible due to Tele banking, ATMs, Internet Banking, Mobile Banking and E banking. This technology driven delivery channels are used to reach maximum customers at lower cost and in most efficient manner. The beauty of these banking innovations is that it puts both banker and customer in a winwin situation. The need of an hour is to design a system to promote marginal efficiency of investment in technology and widen the gap between marginal benefits and marginal cost involved in Banking transformation with special reference to technological up gradation. Keywords: CRM, ECS, Skimming, Spoofing, ATMs INTRODUCTION The study presents a broad overview of the current state of the  banking industry in India. It then goes on to identify some important forces for change and some important forces resisting change. Attention is paid finally to growth path of banking sector with technological advancement. It is depicted that banking is going to be intensely competitive and complex. The best idea would be for the domestic banks to enhance mutual co-operation in order to create a healthier market order and raise the overall competitiveness of the industry as a whole. Incorporation of advanced technology and International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703  utilization of modern management techniques are other crucial aspects at which domestic banks should pay keen interest. Indian Banking Transformation – The Starting Point Since independence Indian banks have undergone through four major shifts which can categorized as pre reform (before 1991) and post reform period (after 1991): Pre-Reform period: A period of consolidation of banks up to 1966 A period of historic expansion in both geographical and functional terms from1966 to mid- 1980s A period of consolidation of branches from mid 1980s to 1991 These changes were policy induced but not driven by market forces. Post- Reform period Entry of technology in the Indian banking sector can be traced back to the Rangarajan Committee report, way back in the 1980s but during nineties, the banking sector witnessed various liberalization measures. New private sector and foreign banks emerged equipped with the latest technology. These banks opted for a different model of having a single centralized database through a network infrastructure, instead of having multiple databases for all their branches. These changes were market driven, having the influence especially of globalization. The crux is Indian banks have no control over developments  abroad but are subjected to their effects. Hence these changes were not the outcome of internal changes but of external changes. Deregulation has opened up new opportunities for banks to increase revenues by diversifying into investment banking, insurance, credit cards, mortgage financing, depository services, securitization, etc. Now all the banks have started with the concept of multi- channels, like ATMs, credit cards, debit cards, telephone/mobile banking, internet banking, call centers, etc. The role of banking is redefined from a mere financial intermediary to service provider of various financial services under one roof acting like a financial supermarket. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 Forces for change in Indian Banking: Underlying forces for change Developments in communication systems, coupled with blurring of differences between banks and non banks and globalization have aggravated the competitive environment. Technology became a key differentiator for the new private sector banks. The technological superiority helped these private sector banks to have upper edge over public sector banks. The traditional source of income (Net Interest margin = Interest Earned – Interest Expended) was compressed due to the pressure of competition. As a result commercial banks had to face the challenge of finding out new sources of income and curtailing overhead expenses. The operating conditions are different for private sector and public sector banks in India (wage bill, legacy of non-performing assets and extensive network of Public sector banks) which results in imperfect competition in the market. With increasing competition among banks, customers are also becoming more discerning and demanding. To meet customer expectations, banks will have to offer a broad range of  deposit, investment and credit products through diverse distribution channels including upgraded branches, ATMs, telephone and Internet. The mantra to attract and retain customers lies in efficient customer service including customized and value added products to meet various needs of individual customers as also to meet the need of diverse types of customers. Manifestation of underlying forces: Concern Issues: Use of technology to be increased substantially in banks to cope with rising volumes and reduce transaction costs and processing time. In Public Sector Banks, legacy systems and interoperability is a major hurdle in the integration of all delivery channels. A major problem of banks in India is the availability of excessive data, the relevance and quality of which are both suspect. The inculcation of a proper attitude towards technology adaptation and proper security systems is an urgent need of the hour. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 Very low level of computer literacy and the existing mind set of some senior bankers are road blocks in the IT implementation in banks to 100% level. It related security issues in Indian banks are also a matter of concern. Suggestions Recommendations: Better and cheaper access to basic infrastructure requirements such as power and telecommunications. Creation of customer awareness and education for technology adoption are imperative. The IT Act 2000 needs to implement in totality to handle legal issues. Set up an Electronic Banking Group to provide guiding principles for prudent risk management of e- banking activities E-security to be tackled efficiently so as to mitigate all the attendant risks. Convert branches into boutiques catering to the requirements of clients and re-engineer the  functions of branch banking using technology and delivery channels. BANKING INNOVATIONS Today we have electronic payment system along with currency notes. India‟s financial sector is moving towards a scenario, where it can have new instruments along with liquidity and safety. Important events in the evolution of new age payment systems in India Arrival of card- based payments- debit card, credit card- late 1980‟s and early 1990‟s. Introduction of Electronic Clearing Service (ECS) in late 1990‟s Introduction of Electronic Funds Transfer/ Special EFT (EFT/SEFT) in the early 2000‟s Real Time Gross Settlement (RTGS) was introduced in March 2004 International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 Introduction of NEFT (National Electronic Funds Transfer)as a replacement for EFT/SEFT in 2005/06 Plan for implementation of cheque truncation system as a pilot program in New Delhi in 2007. Migration from cash and cheque based payment system, it has become a necessity to electronic fund transfer system on account of the following reasons: 1. Large volumes of transaction, 2. High cost of physical handling and storage of paper instruments. 3. Delay in realization is a common feature. 4. Finality of payment takes time because the physical movement of instruments in large volumes from branches to and from clearing house, and sorting them according to each bank branch at the center creates problems. RBI has taken two major steps to tackle this problem: Use Of Magnetic Ink Character Recognition (MICR) technology was resorted to facilitate and expedite physical sorting of instruments using high-speed MICR sorters. There are about 40 MICR centers in India today. Introduction of Electronic Clearing Service. The ECS was the first version of „Electronic Payments‟ in India. It is a mode of electronic funds transfer from one bank account to another bank account using the mechanism of clearing house. It is very useful in case of bulk transfers from one account to many accounts or vice- versa. There are two types of ECS (Electronic Clearing Service) 1. ECS – credit 2. ECS- debit. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 ECS facility is available at more than 60 centers in India. The beneficiary has to maintain an account with one of the banks at ECS center in order to avail benefits of ECS. ECS- CREDIT Advantages of ECS to ultimate beneficiary are: No need to make frequent visits to bank for depositing physical paper instruments. No possibility of loss of instrument and fraudulent encashment No chance of delay or return in realization of proceeds as in the case of paper instruments. Benefits to Corporate bodies of ECS Save on administrative machinery for printing, dispatch and reconciliation Avoid the chance of loss of instruments in postal transit Avoid the chance of frauds due to fraudulent access to the paper instruments and encashment It can be ensured that the beneficiary‟s accounts get credited on a designated date. ECS DEBIT It is a scheme under which an account holder with a bank can authorize an ECS user to recover an amount at a prescribed frequency by raising a debit in his account. Utility service providers such as telephone companies, electricity boards, credit card collections, collection of loan installments by bank and financial institutions, and investment schemes such as mutual funds are eligible to participate in the ECS debit scheme.  Advantages of ECS debit scheme A. To the ultimate beneficiary is: Eliminates the need of physical visit and the trouble of standing in long queues for making payment There is no need to track down payments by last dates. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 B. To the corporate bodies and Institutions are: Saves on administrative machinery for collecting the cheques, monitoring their realization and reconciliation Better cash management Avoids chances of fraud Receives payments on a single date These schemes were introduced when Indian banking was in infant stage of its computerization hence cost benefits could not be maximized. EFT Electronic Fund transfer EFT scheme targeted one to one payments as an alternative to the use of cheques and drafts for remitting funds between bank accounts located at different centers. EFT encountered the problem of low level of computerization and connectivity in the Indian banking industry. Core Banking Solution CBS is a centralized platform, which creates environment where the entire bank‟s operations can be controlled, and run from a centralized hub. This creates a centralized customer database, which makes anytime, anywhere, anyway banking possible. Immediate advantages of CBS are: Faster and efficient customer service. Offering multiple delivery channels, like ATMs, Cards, mobile/Telephone Banking, internet Banking, Call centers, etc. Reducing the operational costs, through manpower saving and space saving. Centralizing the back end processes and reporting. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 Creating a customer profile database, it is a powerful tool for gaining competitive advantage through cross selling opportunities. Adoption of Risk management, by taking care of risk-monitoring and risk-reporting requirements. ATMs ATMs are an issue of survival for the banks and are becoming just another part of everyday life. Falling costs of machines and connectivity is a key factor contributing to the growth of ATM network. Banks have also been cutting costs and gaining synergies through ATM sharing agreements amongst themselves, for example: Cash Tree (Bank of India, Union Bank of India, Indian Bank, Dena Bank and Syndicate Bank) SBI, HDFC Bank, UTI Bank, Indian Bank and Andhra Bank ICICI Bank, Andhra Bank and Federal Bank Banks are now using ATMs for product promotion as banks market broader financial services to their captive audience of ATM users. But these facilities come with added problems when huge amount of money is withdrawn by large number of consumers in a market period (very short period of time). CRM Customer Relationship Management Solution is the set of methodologies and tools that help an enterprise manage customer relationships in an organized way finding, getting, and retaining customers. It helps to provide better customer service, increase customer revenues, discover new customers and sell products more effectively. CORPORATE INTERNET BANKING The Internet has initiated an electronic revolution in the global banking  sector. Its dynamic and flexible nature as well as its ubiquitous reach has helped in leveraging a variety of banking activities. The Internet has emerged as one of the major distribution channels of banking products and services for banks in the U.S and in European countries. Consumers International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703  are embracing the many benefits of Internet banking like improved customer access which facilitates the offering of more services, attract new customers and reduce customer attrition. Advantages of Internet Banking: A) Advantages to customers Banking from your desk: with e-banking services, one can actually carry out a number of transactions sitting on one‟s seat with just a few click. Net banking customers view their account balance and also open fixed deposits, transfer funds, pay electricity, telephone or mobile phones bills and much more. Instant information: The accounts of the customers are updated as soon as the transaction takes place i.e., the accounts show the information updated to the last second. This means if a cheque issued by you has been debited from your account in the morning, your account status will reflect this when you log in to your accounts in the afternoon as against the earlier updating at the end of the day. (B) Advantages to the banks Lesser personnel required: online banking has encouraged a chunk of people, though a smaller one to carry out most of their transactions from a distance. This has resulted in lesser pressure on the employees in terms of entertaining customers. Easy publicity: banks can easily pass on the information about their new avenues/schemes without any wastage of time. Customers interested in the schemes would revert back and can be attended to later. PAYMENT SYSTEMS BY RBI: Inter-bank Clearing System High Value Clearing System MICR Clearing System Government Securities Clearing System and Real Time Gross Settlement System International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 Banks not only deal with corporate and individual but also they need to make payments to each other to settle the accounts arising of the transactions carried out for their customers, and also for borrowing or repayment, investments, sale and purchase of various assets. These payments have to be effected through their accounts maintained with the Reserve Bank of India. Real Time Gross Settlement System The inter Bank Payments handle large amounts of money. The RTGS system is one in which payment instructions between banks are processed and settled individually and continuously throughout the day. In India currently it covers more than 28,000 branches of banks. The attraction of RTGS is that the payee banks and their customers receive funds with certainty and finality during the same day enabling them to use the funds immediately without exposing themselves to risk. RTGS system, do not create credit risk for the receiving participant because they settle the each payment individually , as soon as it is accepted , liquidity risks remains, as well as the possibility of the risks being shifted outside the system .The security has to ensure that hacking is not possible at the site. RISK FACTORS The latest fraud which is considered as the safest method of crime without making physical injury is the Computer Frauds in Banks. Computerization of banks had started since 1994 in India. Reserve Bank of India has evolved working pattern for Local area Network and wide area Network by instituting different microwave stations so that money transactions could be carried out quickly and safely. The main banking tasks which computers perform are maintaining debit-credit records of accounts,  operating automated teller machines, and carry out electronic fund transfer, print out statements of accounts create periodic balance sheets etc. Internet facilities of computer have revolutionized international banking for fund transfer and for exchanging data of interest relating to banking and to carry out other banking functions and provides certain security to the customers by assigning different pin numbers and passwords. Computer depredations have by some been classified as: International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2011, Vol. No.II, Issue II, January-June 2011 http://www.myresearchpie.com/ ISSN: 2231-0703 1. Computer frauds; and 2. Computer crimes Computer frauds are those involve embezzlement or defalcations achieved by tampering with computer data record or programme, etc. whereas computer crimes are those committed with a computer that is where a computer acts as a medium. The difference is however academic only. The three most common are: 1. Cheque Frauds The resolute growth of paper cheques coupled with the ready availability of latest printing technology has resulted in an alarming rise in cheque frauds in Indian banks. Cheques are widely used instruments across the globe. It is interesting to note that cheques as a payment mechanism are still having a dominant position, both in developed and developing countries. Banks have been working very hard to wean customers from paper cheques. Cheques are expensive to print, mail and process. Other problems associated with cheques are inherent manual – handling process, high costs for banks, and high transportation costs between parties. Concept and Magnitude of Cheque Frauds There are a variety of ways to categorize cheque frauds. One broad distinction is â€Å"internal† and â€Å"external†. Internal cheque fraud refers to schemes devised by insiders – employees responsible for creating, authorizing, or processing cheques. External cheque fraud refers to schemes  created by independent operators or by organized gangs. The most common forms of external fraud involves: a. Alteration of cheque details b. Creation of counterfeit cheques c. Forgery of cheques Physical Security Controls used are watermarks, high resolution micro printing, reflective holograms, and security inks etc.

Achilles :: Free Essay Writer

From the initial callousness and stubborn temper of Achilles in the first books of the Iliad to the eventual ‘humanization' of Achilles in his interaction with the grieving father of Hector, whom Achilles himself slew, the Iliad can be seen to chronicle the maturation of the Greek hero during the terrible battles of the Trojan War. Achilles is a hero in the epic sense, complete with flaws and bad qualities that round out the character, but with passions and convictions that any reader can relate to. Throughout the course of the Iliad, Homer creates the character of Achilles to be that kind of hero in every sense of the word. As the novel begins, we first meet with Achilles in his interaction with the great king, Agamemnon. It may be said that Achilles shows himself to be a horribly hard-headed individual, and this is obviously true. But, in this encounter with the powerful king, Achilles also shows some of his more respectable qualities; such as courage, honor, and a sense of justice. Achilles does not feel that it is right that he or the rest of the soldiers should be punished for the brashness of their commander. So, as the epic starts to unwind, Achilles is described as a strong-willed, though a bit hot tempered, man. It is in the following books that Achilles shows some of his not to desirable qualities, yet in these qualities the character of Achilles is ultimately developed. Homer describes the plot of Achilles to avenge his disgrace at the hand of Agamemnon. He has his mother, the goddess Thetis, ask Zeus to punish the Achaeans on behalf of her and Achilles. Zeus reluctantly agrees to this, and Achilles success in having the whole of his people subjected to a brutal and costly war to get his ‘revenge' on Agamemnon. As the Trojan War presses foreword, taking countless lives of both Trojan and Achaean alike, Achilles stands by and watches, unwilling to participate in the battle even when an apology from Agamemnon and pleading from his comrades is presented to him. He replies in this fashion, "Love him so well, and you may lose the love I bear you. You ought to help me rather in troubling those that trouble me; be king as much as I am, and share like honor with myself; the others shall take my answer; stay here yourself and sleep comfortably in your bed; at daybreak we will consider whether to remain or go.

Creative Writing (ADD) Essay

For most 14-year-olds, summertime is akin to being in paradise. No homework, no exams, no demanding teachers – just lots of time to relax with friends at the beach and even earn extra money from a part-time job. Indeed, if Christmas is for children, then summer is definitely for the teenagers. It is the season when a teen experiences many things for the first time – first job, first kiss, first beer, etc. Or so they say. If summer really is for the teen, then why am I in a stuffy classroom instead of in the beach? I am taking summer classes – for failing three subjects in the previous school year. And this is not the first time that this happened to me. Fluking subjects and attending summer classes as a result is already a yearly ritual for me. I sometimes think that I am like the rich people who have summer houses, except that mine is furnished with a blackboard, desks, chairs and lockers. But there are instances when not even humor can soften the hurt. Almost all my life, people have been telling me to â€Å"shut up† and calling me names such as â€Å"lazy,† â€Å"stupid† and â€Å"weird.† When I was a kid, my mom used to yell at me because she though that I was not listening to what she was saying to me. But I really was listening to her; it was just that I cannot make sense of what she was saying to me. Everyone at home now knows better than to ask me to do a chore. The only time they ask me to do one is when there really is nobody else who will do it. Perhaps it is because I cannot follow instructions. No matter how many times mom or dad tell me how to do something, I always end up bungling it. There were also instances when I just suddenly lose interest in a certain errand and leave it undone. A couple of months ago, mom asked me to prepare dinner because she was not feeling well. Despite myself, I really love to cook. Salads, one of my favorite foods, are my specialty. And so I chose to make vegetable salad and microwave some frozen fish fingers for dinner. I was already arranging sliced tomatoes in beds of lettuce when I decided to fix peanut butter and jelly sandwiches instead. But while preparing the sandwiches, I suddenly changed my mind again – I went to the living room and watched television. About half an hour later, mom went down to check if dinner was already done. What she saw really upset her – a large bowl of half-prepared salad, along with vegetable peelings and peanut butter and jelly spread on the kitchen counter. She called me from the living room and shouted that I was â€Å"no good† and that I was intentionally making things difficult for her. Although she was not feeling well, she had no choice but to make dinner herself. I ended up going to bed with an empty stomach – the episode robbed me of my appetite. School was much worse. I was nearly expelled from kindergarten because of my â€Å"disruptive behavior.† While the rest of the class was listening to the teacher read a story, I was staring out into the window. Things got worse as I got older. It was extremely difficult for me to focus on exams, homework and projects. I got low grades as a result – the most common complaint written on my report card was I needed to â€Å"focus on getting work done.† I likewise had difficulty making friends. Almost all of my classmates were annoyed at me for just intruding into their conversations. Some of them already told me to â€Å"shut up† right in front of my face. I know butting in is rude, but I cannot help but do it repeatedly. It is like I have a million ideas going inside my mind and I feel like I will explode if I do not open my mouth and share them with others, regardless of whether or not it is appropriate for me to do so. I want to do a lot of things for myself. I want to travel, meet new people and learn how to cook. I see myself becoming a chef in the future – a really good chef that specializes in Mexican food. I would also love to have pets, as I believe that they would make better friends than people. So many dreams, so many goals†¦ Now if only I could stop attending summer classes for good.