Nationalisation - Free Essay Example

Sample details Pages: 1 Words: 284 Downloads: 2 Date added: 2017/09/14 Category Advertising Essay Did you like this example? ]Nationalisation The RBI was nationalized on January 1, 1949 in terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [Reference www. rbi. Don’t waste time! Our writers will create an original "Nationalisation" essay for you Create order org. in] By the 1960s, the Indian banking industry had become an important tool to facilitate the development of the Indian economy. At the same time, it had emerged as a large employer, and a debate had ensued about the possibility to nationalise the banking industry. Indira Gandhi, the-then Prime Minister of Indiaexpressed the intention of the GOI in the annual conference of the All India Congress Meeting in a paper entitled Stray thoughts on Bank Nationalisation. The paper was received with positive enthusiasm. Thereafter, her move was swift and sudden, and the GOI issued an ordinance and nationalised the 14 largest commercial banks with effect from the midnight of July 19, 1969. Jayaprakash Narayan, a national leader of India, described the step as a masterstroke of political sagacity. Within two weeks of the issue of the ordinance, the Parliament passed the Banking Companies (Acquisition and Transfer of Undertaking) Bill, and it received the presidential approval on 9 August 19 69. A second dose of nationalization of 6 more commercial banks followed in 1980. The stated reason for the nationalization was to give the government more control of credit delivery. With the second dose of nationalization, the GOI controlled around 91% of the banking business of India. Later on, in the year 1993, the government merged New Bank of India with Punjab National Bank. It was the only merger between nationalized banks and resulted in the reduction of the number of nationalised banks from 20 to 19. After this, until the 1990s, the nationalised banks grew at a pace of around 4%, closer to the average growth rate of the Indian economy.

The Atomic Age - 1290 Words

The Atomic Age The Atomic Age, composed of complex and controversial issues, has forever changed our world and the way in which we live. * What were the factors leading to the dropping of the atomic bomb? The answer to this question considers events dealing with atomic energy, the Manhatten Project, and controversial issues about when, where, how, and if the bomb should have been used. There are several events prior to the 1940s that led to the making of the bomb, but the majority of events and controversy snowballed during the 1940s. It is always important to examine the causes of world changing events so that the human race will learn from and be more aware of such issues in the future. Important factors prior to the 1940s:†¦show more content†¦The hopes were that the enemy would yield swiftly once America used the A-Bomb. The main debate was whether to demonstrate the bombs power to the world and then give an ultimatum, or to use the element of surprise. Those opposing any warning said that if a bomb was dropped with warning that the Japanese Air powers could cause serious interference. Arthur Compton said that Though the possibility of a demonstration that would not destroy human life was attractive, no one could suggest a way in which it could be made so convincing that it would be likely to stop the war (Yass, 61). On top of this, in the Bard Memorandum of 1945, Ralph Bard stated that the use of the bomb without warning was contrary to the position of the United States as a great humanitarian nation (Dannen). Many people felt this way, but President Truman never saw the many petitions against the use of the bomb. However, the President did hear from the National Defense Research Committee that suggested the bomb be used as soon as possible and without warning. The final decision of where and when to use the bomb was up to President Truman. He later stated Let there be no mistake about it. I regarded the bomb as a military weapon and never had any doubt that it should be used (Fogelman, 10). Truman wanted the bomb dropped on a military target, somewhere in which war production would be destroyed and the power of the bomb could be demonstrated. The Target Committee had chosenShow MoreRelatedThe Atomic Age869 Words   |  4 Pagesdestruction, but also save many lives. At this point, the atomic bomb began to be considered for the benefits it had when compared to a invasion. As soon as Truman had approved the use of the atomic bomb, a plan had to be created. The bombings were planned years in advance, making the construction and design of the weapon possible. In 1942, after the United States’ Army had taken control of the project, it was decided that by the summer of 1945 the atomic bomb would be organized well enough for release;Read MoreDebating History : Atomic Age947 Words   |  4 PagesRickey Nelson Core 145 Professor Culpepper May 1, 2015 Debating History – Atomic Age Towards the end of World War II, the belief that Americans had of the war was one of invading Japan and ending the war in traditional style and in traditional surrender. However, to the efforts of J. Robert Oppenheimer and fellow associates changed the course of warfare and history by creating the atomic bomb. The Manhattan Project The Manhattan project was a very key point in history that involved the productionRead MoreNuclear Technology And Its Impact On The Atomic Age1790 Words   |  8 Pagesfirst atomic bombs were dropped on Hiroshima and Nagasaki Japan. With the use of these new weapons a door was opened that could never be closed, a new and uncertain era was now upon the world, and the use of atomic power could mean the betterment or destruction of a nation at a moment’s notice. Whether you like it or not, you live in the atomic age and it can have many implications that you may or may not know about. The Manhattan Project is well known to have developed the first two atomic bombsRead MorePower, Ideology, and Terror in the Atomic Age Worksheet1675 Words   |  7 Pagesand Terror in the Atomic Age Worksheet The Cold War Answer each of the following questions in a single paragraph: 1. What role did atomic weapons play in the Cold War? Summarize nuclear developments from 1945 to 1991. After the Second World War, United States and the Soviet Union entered into a Cold War that lasted more the 40 years because both sides had Atomic Weapons that were aimed at each other with each side fearing and dreading what a Hot War would cause if Atomic Weapons were usedRead MoreCuiousity and a Sense of Adventure Drove the Atomic Age574 Words   |  2 Pages The Atomic Age was driven by curiosity and a sense of adventure. As some of the most well thinkers of the day continued with passion about physics, their self confident in peeling the layers of the proverbial scientific onion led to severe unintended consequences that dramatically impacted the lives of billions of people. Moreover, complacency fuelled by arrogance resulted in the betrayal of compassion and principled action, ultimately leading to the sacrifice of millions to pay the debt of a fewRead MoreHiroshima-Nagasaki: Entering Into the Atomic Age Essay2153 Words   |  9 PagesOn August 6, 1945, in an attempt to bring an end to World War II, the United States dropped the world’s first atomic bomb on Hiroshima, a Japanese city and military center. Most of the population stood helpless in the open as the sighting of only three aircraft quickly caused a roaring of air raid warnings. The extraordinary event destroyed nearly two-thirds of the city and immediately killed tens of thousands of people, and tens of thousands more died later from radiation exposure. Sixteen hoursRead MoreAlbert Einstein s Theory Of Relativity And The Father Of The Atomic Age1174 Words   |  5 Pagesscientific community, but for the entire world, it is easy to label him as one of the most qualified candidates. Throughout his career, he developed many names for himself. Most notably, he was known as the father of relativity and the father of the atomic age. These two titles alone speak volumes about his achievements and contributions to science, but it is important to examine how he got his name in the history bo oks, and how he made such a big name for himself in his seventy six years of life. MostRead MoreThe Atomic Bomb Was Built During Ww21066 Words   |  5 PagesThe atomic bomb was built during ww2 and was a major factor in winning the war against the japanese. Germany began to develop the atomic bomb and roosevelt caught wind of this and he put a group of scientist together to develop the atomic bomb before the germans developed it. Einstein found proof that the germans were going to use uranium to build the atomic bomb â€Å"I understand that Germany has actually stopped the sale of uranium from the Czechoslovakian mines, which she has taken over†(Einstein)Read MoreThe Effects Of Long Term Radiation Related Health On A Unique Human Population1347 Words   |  6 PagesJournal Article Review We learned about the end World War 2 and the bombings of Hiroshima and Nagasaki with the atomic bomb but rarely do people talk about the affect effects of what happened after that to the people who were affected by the bombs. This scholarly journal titled: â€Å"Long-term Radiation-Related Health Effects in a Unique Human Population: Lessons Learned from the Atomic Bomb Survivors of Hiroshima and Nagasaki† by numerous authors: Evan B. Douple, PhD, Kiyohiko Mabuchi, MD, DrPH, HarryRead MoreThe Effects Of Bombs1020 Words   |  5 PagesIf we are to look at the history of mankind, human conflict and wars have existed since prehistoric ages as a way of settling differences. However, in late centuries when battles between oppositions were settled beyond the gates of the city, with the technological advancements that have conquered armed forces and soldiery, they have been aimed against housing which is the primordial element of urbanization. The city itself as a form, as an instit ution, as a way of life, becomes the target. Modern

Book of the Dead Free Essays

Book of the Dead: The Singer of Amun Nany’s Funerary Procession The Book of the Dead is a textual and visual piece of art that focuses on the funerary aspects of ancient Egypt. One of the parts I liked best in the Book of the Dead at the Metropolitan Museum of Art was the scene of Nany and her passage to the afterlife. I am going to break down this section, and address the different characters and symbols, both formally and contextually. We will write a custom essay sample on Book of the Dead or any similar topic only for you Order Now I will describe not just what is seen on the surface, but the underlying meanings behind the Funerary Nany and how it relates to the traditions of ancient Egypt art and life. The Funerary Nany is written/painted on what I assume is a papyrus-like material. It is a light brown color and has a somewhat sandy/rough texture. In this funerary picture, not many colors are used. I’m not sure if colors faded or not, but it seems as if whoever painted it, purposely-used few colors. The primary color shown is green, perhaps to show importance. I’m assuming this because over the king’s shoulders in the bottom right section is a green garment, so I assume if that is important, all green shown in this picture is important, like the bird in the top register, and the human/animal (? in the bottom, middle register. I believe that figure to be king judging by the conventions of his throne and large hat. He is seated and has a staff, showing authority and power. Also, he appears to be slightly larger than the rest of the people on the bottom register, perhaps a convention to show rule. The only other color in this painting is red, seen on again what I assume is the king’s throne. There are slight shades of darker yellow/brown, but I don’t believe they have much meaning other than to separate people/objects from the background. Papyrus became an essential part of the funerary equipment and every Egyptian who could afford to acquire a copy was buried with it close at hand for use in the afterlife. † Thus, Nany’s Funerary was painted on papyrus. It is also why so many examples have survived and why so much has been learned about the Book of the Dead, which has been called the Bible of Ancient Egypt. The size of this entire piece is quite long. It appears to be about a foot tall but about twenty feet long. It looks like it is telling a story due to the way it is presented. For the entire piece, it alternates from paintings to texts (in probably hieroglyphics). Perhaps the texts describe the paintings presented to the viewer. That would make sense to me, almost like a storybook with pictures in it. And as it turns out, that is exactly what it is. Written on papyri and painted upon coffins in hieroglyphics, it was divided into chapters, each of which had its own title but no specific placement in the book. It was of the Theban Recension, a period in Egypt lasting from the eighteenth to twenty-second dynasty. This period focused around funerary stories. dbghghghh I am assuming that Nany is the woman with the bump in her â€Å"crown† on the top and bottom register. The woman is all the same person due to the way she is dressed and looks. The top register seems of less importance however, due to the scene presented and the size differentiation between the two registers. On the top, it looks as if Nany is walking along and coming across different obst acles or encounters of some kind. From the look of her hand gestures in the paintings it seems as if she is interacting with whatever these encounters are. The bottom register appears to be the last or most important encounter she faces. There is another woman next to her, perhaps an escort to the king. But in the middle is a scale of some type with two figures presented on each side. It is difficult to see what the two images are that are being measured. One side seems to be two people and the other a head. But I’m not quite sure. Or perhaps she is making a sacrifice in front of the king and he is determining whether her sacrifice is a worthy one or not, because all three of the people (including the animal-human creature) are looking at the king and he is looking at them†¦So perhaps there is a dialogue going on in some way. There are texts with each painting in this section, which may be a description of what is going on. It turns out I was somewhat right in my description of the scene and what the hieroglyphics might say. Nany is the woman the whole way through. She is actually making her final journey towards the afterlife. Carol and Faulkner’s book identifies the other characters and symbols and what they represent in Egyptian art and life. Much of the Book of the Dead revolves around Ani (an ancient Egyptian scribe) and his journey to the afterlife. The Ani procession is the largest, â€Å"most perfect,† and the best enlightened of all the papyri containing copies of the Theban Recension of the Book of the Dead. And when reading about it and observing the paintings, I noticed that much of it is the same, so I was able to compare the two stories. They are both weighing their hearts against the Maat, the goddess of justice and truth. Jackal-headed Anubis, one of the four sons of Horus, and overseer of mummification, adjusts the scales, while a baboon—symbolizing Thoth, the god of wisdom and writing—sits on the balance beam and prepares to write down the result. Nany must pass this test in order to move on to the afterlife. If not, her heart will be eaten. On the bottom register behind Nany is Isis, wife and sister of Osiris. She is identified by the hieroglyphics. These characters are all an important part of the way in which ancient Egyptians viewed death and the afterlife. Sitting right before Osiris is a foreleg of an ox. According to Wilkinson’s book, the foreleg of an Ox is almost invariably included in mortuary offering scenes where it appears in a list of offerings. It is a symbol of royal and divine strength in Egypt. The way the artist makes these people look doesn’t seem to be as if he was trying to make anyone in the paintings look too idealized. There are no apparent abstractions that throw your focus to any particular piece of the work too strongly. The location of this particular piece of art was a bit secluded. I realized that after we broke off as a group at the Met when I, as well as two of my classmates practically got lost trying to retrace our steps back to the artwork. It was a very dark, empty location of the Ancient Egypt section. I am guessing the darkness intended to put focus on the funerary element of the work, as well as other works around it. Next to the Funerary Nany was the Tomb of Meritamen and Nany’s Funerary Papyri, both of which seem to have correlations with this Nany piece. So it seems that they put related people and objects around each other, to keep everything orderly and relevant in the museum. In conclusion, there are many factors that play into each and every detail put into works of art like this. These details painted a picture for me in my formal analysis of the work and tell a lot about how the piece was made and why. Ancient Egyptians had a meaning for everything they put in the Book of the Dead and all of their art. Each symbol they used had a significant impact on their life and beliefs. In their art, there are connections between many different paintings and texts that relate to each other, and all draw back to a common belief and way of life in Egypt. I am not exactly sure why I chose to analyze The Book of the Dead over the rest of the pieces of art. I think that just when I looked at my options, I felt I had more to say about this piece of work than any of the others. I saw a story in it. I felt I could talk about it clearer and understand it more than the other pieces, and that is what I believe ultimately led to my decision. Sources: Andrews, Carol, and Raymond O. Faulkner. The Ancient Egyptian Book of the Dead. Austin: University of Texas Press, 1990. Budge, E A. W. The Book of the Dead: The Hieroglyphic Transcript of the Papyrus of Ani. New York, N. Y: Carol Pub. Group, 1990. Wilkinson, Richard. Reading Egyptian Art: A Hieroglyphic Guide to Ancient Egyptian Painting and Sculpture (London: Thames and Hudson, 1992). ——————————————- [ 1 ]. Carol Andrews and Raymond Faulkner, The Ancient Book of the Dead (Austin: University of Texas Press, 1990), 16-17. [ 2 ]. E. A. Budge, The Book of the Dead: The Hieroglyphic Transcript of the Papyrus of Ani (New York: Carol Pub. Group, 1990), 3-4. [ 3 ]. Budge, Book of the Dead, ix. [ 4 ]. Andrews and Faulkner, Anc ient Book of the Dead, 14. [ 5 ]. Budge, Book of the Dead, 240. [ 6 ]. Richard Wilkinson, Reading Egyptian Art: A Hieroglyphic Guide to Ancient Egyptian Painting and Sculpture (London: Thames and Hudson, 1992), 75. How to cite Book of the Dead, Papers