Hard Work is the Real Wealth of Man

Once upon a time, a farmer lived in a village with his wife and children. He used to work hard in the fields and feed his family. But all four of his children were lazy and used to roam around the same way in the village. One day the farmer told his wife what would happen to these boys after me. He never even worked hard. They have never seen the fields. The farmer fell very ill. He remained ill for a long time. He told his wife that he should call all four boys. His wife called all four boys and brought them. The farmer said that now I will not live longer. The farmer was worried about what would happen to his sons after his death.

He said, sons, whatever I have earned in my life is holding the treasure under my fields. After me, you take the treasure out of it and share it among yourself. The four boys were happy after hearing this.

After some time the farmer died. A few days after the death of the farmer, his boys went to the field to extract the buried treasure. They dug up the entire field from morning till evening. But he did not see any treasure.

The boys came home and said to their mother that father lied to them. We did not find any treasure in that farm. His mother said that your father has earned this house and farm in his life. But now that you have dug the field, then sow seeds in it.

After this, the boys sowed the seeds and gave them water according to the mother’s instructions. After some time, the crop is ready for ripening. The boys made a good profit by selling it. With whom he reached his mother. Mother said that your hard work is the real treasure, this is what your father wanted to explain to you. Read More…

Drought can be Disastrous for Both “The Economy and Human Life.”

A common definition of drought is a prolonged period of unusually low rainfall, which leads to water scarcity. They can occur over a long period and can be disastrous for both the economy and human life.

Droughts happen when there is not enough rain for a long period of time. It’s not like a dry spell – there is so little precipitation (rain, snow, sleet or any kind of moisture) that a whole region starts to dry out. Sometimes a drought takes decades to develop fully and they are very difficult to predict.

During the drought there is so little rain that an entire area starts drying up. When there is little or no rain, plants and crops can die because there is an extreme lack of moisture in the soil for them to grow. When the rainfall is below normal for several weeks, months, or years, the water level begins to fall dramatically. If the dry season continues and water-supply problems develop.

It is caused by drier than normal conditions that can eventually lead to water supply problems. Really hot temperatures can make a drought worse by evaporating moisture from the soil. But droughts don’t just happen in hot and dry places. Read More…

How Does Cloud Form

Formation of Clouds when the invisible water vapor in the air condenses into visible water droplets or ice crystals. For this to happen, the parcel of air must be saturated, i.e. unable to hold all the water it contains in vapor form, so it starts to condense into a liquid or solid form.

Water constantly moves from the earth to the air and back again. The constant circulation of water is known as the water cycle. The water in seas, rivers, lakes. ponds or streams evaporates because of the heat of the sun. Plants also give out large amounts of water from their leaves. The water vapour rises up. The air higher up in the atmosphere is cooler.

This cools the water vapour and its condenses to form tiny drop of water. These drops of water together form clouds. As the clouds get cooled further, the water drops become bigger and heavier. When they become too heavy, they fall on the earth as rain and fill the sources of water like river, ponds, streams, etc. Read More….

How Does Life Giving Cycles Make Life Favorable on Earth?

When we hear the word Earth, the first thing that comes to our mind is that a terrestrial planet where there exists from microorganisms to highly sophisticated and intelligent human beings. Factors that are responsible for the current life on Earth.

The Earth and the Sun are equally important because without the heat and light of the Sun, the Earth would have been a lifeless ball of ice-wrapped rocks. It regulates the temperature, weather patterns of water bodies and provides energy to plant growth. The distance of the Earth from the Sun makes it a true reason for life because it receives the right amount of heat and light to allow life to form and support it.

Earth is the only planet that uses sunlight as a source of energy. That energy is used by living things to convert elements into a useful form. A plant uses the energy provided by the sun to drive photosynthesis and grow food. As a by-product, oxygen is released which we all use as our own energy source.

Importance of Earth’s Atmosphere

These are layers of gases around the Earth including the exosphere, thermosphere, mesosphere, stratosphere and troposphere. Air content and favorable atmospheric pressure also supported the lives of most creatures. The air content of carbon dioxide on Earth is less than that of planets like Venus and Mars. Therefore, the low amount of carbon dioxide helps in reducing the temperature of the earth and is absorbed by the plants during photosynthesis to produce oxygen.

Favourable Climatic Condition

Due to the moderate amount of carbon dioxide in the Earth, there is a suitable climate for the existence of all forms of life, which is necessary for the existence of life forms.

Water

Water is very important for life because it contains oxygen necessary for life and allows life-giving molecules to move freely. It constantly changes its form through the water cycle. The process by which water continuously changes its form and spreads between the oceans, the atmosphere, and the land is known as the water cycle.

The major sources of freshwater are rivers, ponds, waterfalls and glaciers. Marine bodies and oceans contain saline water. The water of the oceans is salt or saline because it contains large amounts of dissolved salts. Most salt is sodium chloride or common table salt that we eat. Three-fourths of the Earth is covered with water. Only 3% is fresh water consisting of ice-caps, ground water and fresh water lakes.

Force of Attraction (Earth’s Gravitational Force)

Why does the water flow from the top down, why not float in the air; why don’t we float in the air and walk on the surface. The gravitational force of the Sun keeps our planet orbiting the Sun and the Earth holds firmly to all forms of life from topography through its gravitational pull.

Thus, Earth is the only planet that saves liquid water on its surface, which develops life forms through photosynthesis by taking energy from the Sun. It has a unique surface that is neither too hot nor too cold for the occurrence of complex biochemical processes. Read More…

What is the Difference between Life and Interpretation is Life?

Life is a feature that distinguishes physical processes that contain biological processes, such as signaling and self-sustaining processes. It distinguishes them from those who either do not perform such tasks, or have ceased to perform such tasks, or have never had such tasks and are classified as inanimate. The condition that separates organisms from inorganic objects and dead organisms is manifested by growth through metabolism, reproduction, and adaptation to the environment through changes that occur internally.

While we talk about interpretational life it includes your general behaviour, habits, working. It consists of the central motivating aims of your life, the reasons you get up in the morning. Purpose can guide life decisions, influence behavior, shape goals, offer a sense of direction, and create meaning. For some people, purpose is connected to vocation—meaningful, satisfying work.

Life is a series of events with which we attach a meaning. With each event we decide on an interpretation. It is with these interpretations or attached meanings that we define what we are and what we can do. We then confirm these collective evidences and validate these interpretations. Read More…

Scientific Name of Grass Grows in Navratri

It is said that there are many things in Hindu almanac that should be done and there is a lot of benefit from doing it. In such a situation, the festival of Navratri is celebrated for the entire nine days and this has great importance in Hinduism. It is said that different forms of Goddess Durga are worshiped for the entire nine days. Let us tell you that many people sow barley on the first day of Navratri, but most people do not know its importance.

The scientific name of barley is “Hordem Vulgare” and is sown on the first day of Durga Navaratri.

According to our scriptures, barley was the first crop after the beginning of creation, so whenever goddesses are worshiped, barley is Offered in prayers to God in front of fire. It is believed that barley grown in Navratri is a sign of some things related to the future. In fact, the main reason behind this is that barley is considered Lord Brahma and we should respect grains. It is said that if barley sprouts do not grow in two to three days, then there is no good sign for you in the future, that is, you will get fruit only after hard work.

The importance of Offering prayers to God in front of fire (हवन) is described in detail in Garuda Purana.

With this, when the colour of barley is half yellow from the bottom and half green from the top, it means half the time of the coming year will be fine. With this, the colour of barley is half green from the bottom and half yellow from the top, it means that the beginning of the year will pass well, but later you will have to face troubles. On the other hand, if your sown barley is growing in white or green colour, then it is said to be very auspicious.  Read More…

Why Joint Life Policy is Taken Even a Specific Reserve can also be Maintained in Place of it?

Joint life insurance is decided by the partners of the firm on the joint lives of the other partners. The purpose of the joint life policy is to reduce the financial burden on the firm at the time of payment of a large amount to the legal representative of the deceased partner. The insurer receives payment after the death of its insurance partner. There are different methods for accounting treatment of joint life policy.

The firm pays the premium on the Joint Life Policy. The Insurance Company pays the amount of the Joint Life Policy on the maturity of the policy or the death of a partner, whichever is earlier. The surrender value at the time of the death of a partner is distributed among the remaining partners and the legal representative of the deceased partner.

The accounting treatment for Joint Life Policy at the time of the death of a partner is as follows:

  • Premium Method-

When the partners decide to treat the premium on Joint Life Policy as an expense and debit the Premium Account to the Profit and Loss Account every year, the Joint Life Policy will not appear in the Balance Sheet. In this situation, the full amount of policy received in the event of the death of a partner from the Insurance Company becomes a gain.

  • Surrender Value Method-

The partners may decide to record the Joint Life Policy at the surrender value in the books. In this case, it will appear on the assets side of the Balance Sheet.

  • Joint Life Policy Reserve Method-

The partners may maintain the Joint Life Policy Account as well as the Joint Life Policy Reserve Account. Thus, under this method, both Joint Life Policy Account and Joint Life Policy Reserve Account appear at surrender value on the Assets and Liabilities side of the Balance Sheet, respectively. At the time of the death of a partner. Read More…

How Many Chapter can be Read Daily in Navratri?

Navaratri is a nine-day festival in which people worship Goddess Durga. During these nine days, the Durga Saptashati book is read by the worshipers. Durga Saptashati is considered as the holy scripture of Hinduism. Durga Saptashati is filled with spiritual story with a divine story of Goddess Bhagwati.

This book also includes the process of recitation with the request, Saptashloki Durga, Durgashtattarashatnamastotram, Pathvidhi: Durgasaptasati recitation, epilogue, apologetics, Sri Durgamanas Pooja, Sri Durgadvatrianshananamala, Devyapradhakshamapanastotram, Siddhikunjikastotram and Devi Aarti.

Durga Saptashati (Goddess Mahatyam) during Navratri should be recited as follows: ~~

Chapter one for the first day (Madhu Catabh Slaughter)

Chapter two, three and four on the second day (Mahishasura Slaughter)

Chapter five and six on the third day (Dhumralochan Slaughter)

Chapter seven on the fourth day (Chanda Mund Slaughter)

Chapter eight on the fifth day, (slaughter of Raktbeej)

Chapter Nine and Ten on the Sixth Day (Shumbha Nishumbh Slaughter)

Chapter eleven on the seventh day (praise of goddess and boon to gods)

Chapter twelve on the eighth day (Greatness of the recitation of goddesses)

Chapter thirteen on the ninth day (blessings to King Surath and Medha Merchant) Read More…

Signature of Policyholder of Life Assured Online

Life assured or insured is the person(s) whose life is covered in the insurance contract. In the event of a contingency, the insured can claim the amount or in the event of the death of the assured, the nominee will receive the insurance amount.

IRDAI has now asked life insurance companies to highlight the sum assured, premium and policy as well as payment terms. Under the exemption, the proposal form has to be sent to the proposer on his or her registered e-mail ID or mobile number in the form of an e-mail or a message with a link.

If you are planning to buy a life insurance policy this financial year, you won’t need to give your consent by signing on the hard copy of the proposal form and can do so electronically instead.

The Insurance Regulatory and Development Authority of India (IRDAI) on Thursday extended the exemption given to life insurers to obtain customers’ consent without requiring signatures on the hard copy of the proposal forms till 31 March 2021. In the wake of the covid-19 pandemic and social distancing norms, the regulator in August 2020 had allowed companies to obtain customers’ consent through electronic means till 31 December 2020.

IRDAI has also asked life insurance companies to highlight the sum assured, premium and policy and payment terms while seeking your consent.

The proposal form is sent to the customer’s registered email ID or mobile number. The customer can give consent by affixing a digital signature or by clicking the confirmation link or by validating the OTP shared. IRDAI reiterated that agents can’t ask for a deposit till the receipt of consent. Some agents ask for a deposit, which is later adjusted with the first premium, but that’s not allowed. The regulator had earlier allowed companies to issue electronic policies on email. Physical policies are not mandatory now if the insurer gets the policyholder’s consent. Read More…

Major Life and Non-life Insurance Players in India

Life is uncertain and unpredictable. One can only have a proactive measure in place to deal with unpleasant situations. Hence, the concept of ‘insurance’ was introduced with a motive to mitigate the risk and to provide protection. Insurance is the primary way of managing life risk.

There are various types of insurance policies available today to protect your loved ones and the things you love. In a life insurance policy, Insurance indemnifies to pay the insured person’s family a certain sum of money in the event of insured’s demise. When it comes to choosing the right insurance plan, you are spoilt with choices as there are various insurance players in the market offering plenty of unique plans.

In India, there are 24 life insurance companies operating which have been approved and recognised by IRDAI (Insurance Regulatory and Development Authority in India), which is a regulatory body for insurance and reinsurance industries.

The insurance industry of India has 57 insurance companies – 24 are in the life insurance business, while 33 are non-life insurers. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sector company. There are six public sector insurers in the non-life insurance segment. In addition to these.

The following are the major life and nonlife insurance players in India as approved by the Insurance Regulatory and Development Authority of India (IRDAI).

Major Life Insurers

Life Insurance Corporation (LIC)

Max Life Insurance Company

HDFC Life Insurance Company

ICICI Prudential Life Insurance

Tata AIA Life Insurance Company

Bharti AXA Life Insurance Company

Bajaj Allianz Life Insurance Company

SBI Life Insurance Company

Reliance Nippon Life Insurance Company

AEGON Life Insurance Company

Aviva Life Insurance Company

Birla Sun Life Insurance Company

Kotak Life Insurance Company

PNB MetLife Insurance Company

Canara HSBC OBC Life Insurance Company

Major Non-Life Insurers

Agriculture Insurance Co. of India Ltd.

Bajaj Allianz General Insurance Co. Ltd.

Bharti Axa General Insurance Co. Ltd.

Cholamandalam MS General Insurance Co. Ltd.

Manipal Cigna Health Insurance Co. Ltd.

Export Credit Guarantee Corporation of India Ltd.

Future Generali India Insurance Co.

HDFC ERGO General Insurance Co.

ICICI Lombard General Insurance Co. Ltd.

IFFCO Tokio General Insurance Co. Ltd.

L&T General Insurance Co. Ltd.

Liberty Videocon General Insurance Co. Ltd.

Magma HDI General Insurance Co. Ltd.

Max Bupa Health Insurance Co. Ltd.

National Insurance Co. Ltd. Read More…