Money Lesson learnt from Convid19

 STEPS TO STAY AFLOAT AS COVID-19 STRIKES

Financial Planning to be secure at the time of any emergency

Extract from India Today Magazine 

Create a Emergency Fund

Keeping aside some  money for emergencies, such as unforeseen expenses or a sudden, even temporary, loss of income. Financial planners advise three to six months’ worth of expenses in cash or near-cash liquid assets. 

The idea is simple: this money should be available to you at very short notice, so liquidity is of the essence. 

Employees in highly vulnerable sectors such as aviation, hospitality, travel and tourism might like to set aside more. These are very uncertain times, so even 9-12 months’ expenses [can be parked in contingency options]

 Have health insurance

You do, however, need to set aside money for a health emergency in the family; Rs 5 lakh might serve. Not buying health insurance is not a risk you should take, because the annual premium on an insurance cover is a small fraction of what your hospital bill might be, if you have to be admitted. 

The right mutual fund for you

In times of great uncertainty, the stock market tends to go berserk. Stocks of good pedigree also get hammered, but seasoned long-term investors see that as an opportunity to pick up undervalued stocks. For those who lack the expertise, or the time or inclination to make individual stock picks, diversified equity funds or index funds are the way to go. They usually deliver returns that comfortably beat inflation and are easily the most transparently regulated investment avenue for inexpert, passive investors seeking long-term returns. Those who want to play it safe could look at large-cap index funds or large-cap funds

For further discussion

Feel free to contact

Pankaj Bhanwani

pankajbhanwani@gmail.com

Production Possibility Curve Class 11 Economics

Class 11

2020-21

CBSE

@copyright

Practice Worksheet

Note to teachers - After teaching the lesson on production possibility curve the teacher can give them as a homework and can be checked and assessed

Chapter - Production Possibility Curve

Q1 Define PPC

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Q2 Complete the diagram 

Q3 Lets now identify the points on/off the PPC

1. Point B in the diagram shows that more of ________ is produced and less of ________ is produced
2. Point C in the diagram shows that more of ________ is produced and less of ________ is produced
3. Point X cannot be attained because it shows __________ of resource

Q4 What determines the shape of PPC

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Q5 Its shape is _________  to origin

Q6 Lets now draw a schedule for PPC

Combination	Good X	Good Y
A
B
C
D
E

Q7 In the given diagram answer the following blanks

1. Point X shows _____________________  use of resources

2. When we move from point X to A more of __________ is produced and same amount of cotton
3. When we move from point X to C more of __________ is produced and same amount of 

Wine

4. When we move from point X to B more of __________ is produced and more of _______ is produced
5. All the points on the PPC that is point A,B and C shows ___________  use of resources

Q8 The formulae for MOC is

 (-) Loss in -----------Gain in ----------

The negative sign in the formulae shows that PPC is _______________   sloping in nature

Q9 Give me 3 reasons why the PPC will shift outwards

1. 
   

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2. 
   

---

3. 
   

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Q10 You as a student has a limited resource as time . You have 8 hours of study . You are  can do 5 questions per hour of science and 2 questions per hour of maths Plot the different combination in a form of graph of PPC

What is the shape of PPC in this shape

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Organic Farming Class 12 CBSE Rural Development Activity Based Learning

Organic Farming

Class 12

CBSE

@Copyright Pankaj Bhanwani


Handout

Activity based learning – Read the article given below and answer the following questions

Link for newspaper article

Source – The Hindu Business Line

Date March 25/03/2020

#Agriculture

#Rural Development

#growth

#lesson

Q 1 What are organic products?

___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Q 2 Because of Convid-19 less people are going  to _________________  demand of outside ____________  has _________   down

Q 3 What are the two reasons for increase in demand of organic products

___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Q 4 What are the drawback of using an organic product

___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Q 5 Mainly ___________ cities are demanding organic products

Q 6 Which could be a factor which lead to increase in demand of its product

___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Q 7 What business strategy is adopted by these firm

___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Websites for visit

https://www.nourishorganics.in/

https://hemphorizon.co.uk/

https://www.greenobazaar.com/

Agriculture Problems During Corona _Indian Economic Development_CBSE_CLASS12

Agriculture problems during Covid-19

Problems and Solution

Indian Economy development

#Agriculture

#Development

#Rural Development

#Growth

With the nationwide lockdown to control the spread of Covid-19, mandis where farmers sell their harvest have also been closed.

In the kharif season, many farmers lost their soyabean and other crops due to excessive rains and were waiting for this rabi harvest to pay back their loans. But now they are now facing a new problem: closed mandis and crashing prices.

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Here are four action points that the Centre and States can consider.

1) Restricted time for mandis

The government can allow mandis to operate amid the lock-down, though with restricted timings. It can consider announcing a time schedule for different villages.

2) Use of eNAM

It’s now time for Prime Minister Narendra Modi’s flagship scheme — the electronic National Agriculture Market (eNAM) to claim its place under the sun. While so far only traders could buy on the platform from home, it should now let farmers/FPOs (farmer producer organisations) to sell from the farm gate. Uploading pictures of the commodity should be facilitated on the eNAM app so that farmers can do this from their field/home for buyers to know the quality of the grains/pulses. Once the deal is sealed, traders can be encouraged to make part-payment to the farmer. He can take delivery whenever the regular transport systems start functioning and State borders are opened. 

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3) Publicise eNWRs

Over the last one year, the Warehousing Development and Regulatory Authority (WDRA) has brought several Primary Agriculture Co-operative Societies (PACS) and State, Central and private warehouses from across the country under its fold. Some of these are closer to villages and can ensure farmers do not have to spend a lot to get their produce to warehouses.

4) Supporting FPOs

There are at least about 5,000 farmer producer companies registered across the country: these are entities registered under SFAC, NABARD and different State government projects over the last several years. These institutions can be used to aggregate the harvest of farmers which could then be lifted by the Centre/State procurement agencies, suggests Yogesh Kumar Dwivedi, CEO, Madhya Bharat Consortium of Farmers Producer Company.

FPOs would need mini trucks to do this as they would be collecting produce from farmers’ fields.

 Source The Business Line

  Date 26/3/2020

5) Avoid distress sales

Farmers can consider putting their stock in the godowns of agriculture co-operative societies nearby. If those are ones accredited with WDRA, then borrowing against the stock will also be easy