A Study Of Chit Finance In Kerala With Special Emphasis On Kerala State Financial Enterprises Ltd.

Chit funds contribute to the value of financial markets in India particularly in Kerala. Chit finances with its unique features are of great significance especially as a savings cum borrowing avenue. The present study entitled “A Study of chit Finance in Kerala with special emphasis on Kerala State Financial Enterprises Ltd.” examines the socio-economic aspects of Chit schemes run by the private Chit Funds, KSFE, co-operatives, and informal Chit Funds. The study is an attempt to find the reasons for the growing popularity of Chit Funds as savings cum borrowings avenues even in the presence of various other avenues of savings and borrowings and also to understand how the Chit subscribers utilize the funds. The objectives of the present study are to examine the trends and pattern of growth of Chit Funds in the formal sector in Kerala, performance of KSFE as the only public sector Chit Fund company in India, preference for joining Chit Funds, estimate the cost and return on Chit Funds etc. is an indigenous financial instrument is complementary to modern financial techniques of savings and borrowings. KSFE is the dominant foremen in the chit business in Kerala, its weaknesses result in the non-attainment of certain objectives. Driven by the growing trend of privatization, KSFE needs to be innovative and competitive. It is also necessary that KSFE continue its leadership role by being more effective in being the harbinger of more efficiency, professionalism and good governance in the Chit Fund Industry. The growth and development of chit business by protecting the interests of both the subscribers and the foremen will therefore be most beneficial for any growing economy.

‘Driving Forces of Investment Decisions in Mutual Funds’

Unfortunately, in India it is a fact that most of the investors are not interested in mutual funds. Those who are investing, they are investing only very small amounts. But what is important to be noted here is that when compared to other financial instruments, investments in mutual funds are safer and also yields more returns on the investment portfolio. Moreover as an investment avenue mutual fund is available for those investors who are not willing to take any exposure directly in the security market. It also helps such investors to build their wealth over a period of time. At the retail level, investors are unique and are highly heterogeneous, and the mutual fund schemes' selection will also differ depends on their expectations. Hence, investors’ expectation is a very important factor in this regard that needs to be analysed by all the investment houses. Hence, the factors that drive the investment decisions of individual investors to meet their expectations by investing money in mutual funds need an in-depth analysis. These driving forces include the preference of investors on mutual fund compared to various available avenues of financial investments, risk attitude of investors, influence of characteristics of instruments of mutual funds on investors, the investment specific attitudes of investors, and influence of qualities of fund management on investors. The success of any mutual fund, a popular means of investment, depends on how effectively an Asset Management Company has been able to understand the level of influence of these factors on the decision of investors to invest in mutual funds. For a substantial growth in the mutual fund market, there must be a high level precision in the design and marketing of the products of mutual funds taking into account these driving forces by the Asset Management Companies. Therefore, there is a need to conduct a detailed study on investments in mutual funds in this direction. A review of available literature also revealed that no detailed study on mutual funds has so far been attempted in this direction; hence the present study on Driving Forces of Investment Decisions in Mutual Funds is undertaken.

INVESTIGATIONS ON SLOT-LOADED SQUARE MICROSTRIP PATCH ANTENNAS FOR COMPACT DUAL FREQUENCY DUAL POLARIZED OPERATIONS

The thesis is the outcome of the experimental and theoretical investigations carried out on a novel slotted microstrip antenna.The antenna excites two resonance frequencies and provides orthogonal polarization. The radiation characteristics of the antenna are studied in detail. The antenna design is optimized using IE3D electromagnetic simulation tool. The frequency-Difference Time-Domain (FDTD) method is employed for the analysis of the antenna.The antenna can be used for personal and satellite communication applications.

Echno economic studies on industrial fishing in the upper east coast of India

The present scenario of industrial fishing in India is that most of large trawlers are based at Visakhapatnam and congregate in the potential shrimp ground in the upper East coast of India commonly known as the Sandheads. These are outriggcr vessels operating two or four trawl nets along with a testing trawl called try net. In the early Seventies these vessels were operating on a very high economic return which was evident from the steady increase in number of outriggers over a period of twenty years. Since the total allowable catch has to be shared by all vessels including the increasing fleet, reduction per vessel output is bound to happen. Therefore some of them could not survive the competition and withdrew from the scene. The number of outriggers did not increase subsequently. However, there arose a doubt whether the existing fleet of about 180 vessels are fishing economically or whether there is any scope for further introduction of industrial vessels in the region. This study is focussing to the techno economic aspects of industrial fishing in the upper East coast of India

Effects Of The Piscicides, Mahua Oil Cake And Croton Seed On The Prawn Culture System

The present research programme envisages a comparative study of the effects of two piscicides of plant origin, viz., mahua oil cake, a derivative from the plant fig Iatifolia and croton seed, a product from the plant Croton tiglium. Although some reports on the effects of mahua oil cake and croton seed on fresh water pond culture systems are available, information on their effect on brackishwater culture systems are rather scanty This was the guiding principle for launching the present study It is hoped that the findings will enable aquaculturists to make use of the piscicides in a more rational and efficient way, and will go a long way towards realising the maximum return liom culture systems without hampering the environment. The thesis is presented in seven chapters such as Introduction, Review of literature, Materials and Methods, Results, Discussion, Summary and Bibliography

Studies on Halocin production by haloarchaea Natrinema sp. BTSH10

This study on halocin production by Natrinema sp.BTSH10 indicate the prospects for intensive research which could lead to discovery of novel halocins which could have far reaching impact in biopharmaceutical industry particularly as anticancer drug. It is also anticipated that further research on this halocin could lead towards development of novel anticancer drug and new era in pharmaceutical biotechnology. There is no doubt that haloarchaea from saltern ponds have immense potential to return novel and valuable drugs and bioactive substances.

Arbitrage Pricing Theory and Return Generating Process: A Macroeconomic Approach to Indian Stock Market

A study focusing on the identification of return generating factors and to the extent of their influence on share prices the outcome will be a tool for investment analysis in the hands of investors portfolio managers and mutual funds who are mostly concerned with changing share prices. Since the study takes into account the influence of macroeconomic variables on variations in share returns by using the outcome the government can frame out suitable policies on long term basis and that will help in nurturing a healthy economy and resultant stock market. As every company management tries to maximize the wealth of the share holders a clear idea about the return generating variables and their influence will help the management to frame various policies to maximize the wealth of the shareholders.

Deep-sea shrimp fishery off Kerala coast with emphasis on biology and population characteristics of Plesionika quasigrandis Chace, 1985

The present study is the first attempt to understand population characteristics of the deep-sea pandalid shrimp, P. quasigrandis and to assess the status of these resources off Kerala coast.Total mortality coefficient (Z) of P. quasigrandis estimated by various methods.Natural mortality coefficient (M) calculated was 0.65 and 1.02 by Pauly‟sempirical formula and Srinaths‟s formula respectively The deep-sea shrimp P. quasigrandis exploited from the present fishing ground and their monetary return has started showing a declining trend. By observing the current yield and economic return, there is no further scope for increasing the catch from the present fishing ground. The study indicated that majority of the deep-sea shrimp trawlers, especially targeted for pandalid shrimps still concentrated off Kollam area (Quilon Bank). Even though researchers had located several potential deep-sea fishing grounds based on exploratory surveys in Indian EEZ , fishermen are unaware of these fishing grounds located and hence sharing the information about new potential deep-sea fishing grounds could avert the possible stock decline due to the intensive targeted deep-sea shrimp fishery in the Quilon Bank. Hence, the present study recommended that part of the effort from existing fishing grounds may be shifted to newly located deep-sea fishing grounds which will help in a sustainableexploitation of deep-sea resources off Kerala coast.