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Showing posts from July, 2020

Cash less Economy and Crypto Currency

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What is Cash less economy: This caption is somewhat confusing. It seems that we are going to talk about those  countries having weak economies. Actually we will focus here  on concept  where  people avoid using hard cash for their routine payments and receipts  or economic transaction.Means online payments, physical or virtual point of sale system  or mobile payment applications, which are termed as cash wallets etc. We will also discuss the role of Global monitoring agency here, which is,  Financial Action Task Force (FATF).  We will discuss the cyrpto currency here . And, in the end, will conclude  the suggested way to attain the need of world economy. When we talk about world economy it is  for the whole world and not  restricted to  G-20 economies. The vital topic of global economy is a forex market where traders speculate in some selected currencies. This is decentralized market   with future deals  options....

Nigeria-A Sleeping Giant of Africa

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Nigeria-A Sleeping Giant of Africa: Nigeria is located in the western Africa. It is the largest populated country of Africa  having 214 million people. It is the 6th most populated country in the world after  China, India, USA, Indonesia and Pakistan. It falls  in GMT+1 time zone. Nigeria is the  only country in the world which  simultanously  falls  among   the top five muslim and christian majority countries of the world. There are many  local languages  spoken here,  Hausa is most common after English, which is the official language of  the country. Nigeria is the 4th largest English speaking country in the world after USA, India and Pakistan. United Kingdom, Australia, Newzeland and Canada are far behind  Nigeria, in this list. Mr. Muhammdu Buhari is the  President of Nigeria since May 2015. Now we will try to understand the  merits, current economic and social issues and  their remediations. The me...

Population and Resource Allocation

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  Population and Allocation of Resources:    The approximate global human population is around 7.8 billion in 195 countries accross the world China, India, USA, Indonesia and Pakistan are the top populous  countries in the world.  Their population are 1.4 billion, 1.35 billion, 327 million, 268 million and 234 million respectively. More than half of the world population lives in Asia. Monaco is the world most densely populated country where 18,960 people lives in one square kilometer.whereas Mongolia is the country where only 2 person  live in one square km.  There is a general perception that , population itself is a cause of many economic and social problems. But, this theory is not appropriate, because if we look at all above four most populated countries, we can find that ,  there is a proper resource allocation for population, which eventually resulted in the overall social and economic growth of these countries. All these   fou...

The Salinity in any fertile Soil

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The excess of any element in our life harms  the balance. When salt level increases in the soil, the soil is considered less useful for the cultivation purpose. This salinization process occurs due to natural reasons like rising the minerals level  due to sea etc.There could some reason caused due to economic activities of human being as well. The normal pH level for a agriculture soil  is considered  between 6.0 to 8.5pH, A salinity meter is a devise which measure the level of salinity in water and soil. For this process, an electric current is passed  throught  the  sample of  soil or water in order to determine the salinity level. Once, it is determined that soil contains excess saline, now we need to eliminate this excess element of soil in order to obtain its  fertility level. The productive level of a soil is attained by leaching process,where  extra level of salt is either extracted  or  seperated  from the soil or...

Do we listen or hear each other?

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We  normally use  both words listen and hear  in the same meaning in most of our  languages. But by listening  it means to pay attention to sound, while hearing means  paying no or lesser  attention to sound. We hear sounds like clock,  car engine,  electric water motor  etc ,  and  we listen to our family members, friends  and  vehicle horn sound appears while driving. Hence, the listening leads to action while,   there is no  or  lesser short term action against hearing message. A man can hear from 20 to 20,000 Hz as per normal capacity given  by the nature. But man go beyond by using devises like phone, radio etc. Now, we come to an interesting comparison. Elephant,  has a natural capacity to hear  from 16-12,000hz. Its a huge animal, having  big ears as well. But, can we imagine this animal can listen the distress  or joy call of another elephant  as far as 10 kilo...

Teacher, A treasure for Success!!!

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Teacher is  like a spiritual parent  of a nation. Both  biological parent and teacher  play a  vital role  to develop good human  being in any society. Teacher  is the only person after parent, who enjoys every success of his/her   student as his own success! A teacher lead  his student  to the destination of success, knowledge , belief and confidence.  An institution where we pay respect and get the unlimited treasure of success is indeed  a Teacher! Friends, I am proud to introduce you, my dearest Teacher, Muhammad Salim Shafi today. I learnt  Mathemetics, Economics, Urdu and Accounting from Salim Sahib.It was a period of  six years (1983 to 1989)  from Dehli School Karachi to Government Commerce College Karachi. But the best thing which I learnt from  him, is how to speak truth from life,  and not by mouth. I am fortunate enough for being  still intouch with  my teacher and pray f...