From that day onwards, it was celebration time for all the tigers inhabiting Pratibandapuram. The State banned tiger hunting by anyone except the Maharaja. A proclamation was issued to the effect that if anyone dared to fling so much as a stone at a tiger, all his wealth and property would be confiscated. The Maharaja vowed he would attend to all other matters only after killing the hundred tigers. Initially, the king seemed well set to realise his ambition.
(The Tiger King)
kindness
… if anyone dared to fling so much as a stone at a tiger, all his wealth and property would be confiscated.
What trait of the king is reflected in the above line?
State whether the following statement is TRUE or FALSE.
The King’s ambition is to save people from the tigers.
Read the extract and complete the activities given below :
I spent 32 years in Information Technology out of which I was a Chief Executive Officer or MDorthe software head for 23 years for large global multinational software companies with thousands of software professionals worldwide and 6 offices in the US, 3 in Europe, 1 in Japan and 1 in Australia. I had to travel all over the globe around 150 times for business. During this period, I had also written 4 books with 500-700 pages each on Information Technology published by Tata McGraw-Hill and then translated into Chinese for global distribution.
I learnt a lot of things when I was running these large companies. The first one was the importance of team work. In today’s world, nothing is possible without team work. You cannot be successful if you are a loner and an egoistic person. Secondly, you need to lead from the front by setting a good example in front of your staff. Third was that you need to treat your subordinates and your colleagues as friends. In my career, I made a few mistakes, but learnt a lot about motivation, being a good listener, target setting and the art of delegation which forms such an important part of today’s management.
After working for all these software companies for so many years, I wanted to retire from my line of work and write on various subjects concerning human life and existence. Therefore, I gave up two offers of around 3 crore rupees per annum to become a writer. This is how my second innings as a writer in Marathi began.
After this, I have written about 34 books in Marathi. Most of them have become bestsellers with tens of thousands of copies sold for each. However it is not sales or the money that is important to me as much as the fact that these books have brought about very good changes in the lives of thousands of readers.
Change is the only constant and disruptive technologies are only quickening its pace. “I’ve been an entrepreneur all my life. Never has the pace of change been as high as it is today. Today, we are facing a large number of disruptive forces, especially those caused by technology,” Nilekani said. He shared the example of the iPhone, which is currently celebrating its 10th anniversary. “What we have seen in the past 10 years is a complete change in the balance of technology from serving the enterprise to serving the consumer. Today, when you look at the leading companies in the world by Market Capitalisation, they are all companies that service consumers like Facebook, Google, Amazon, Apple and so on. This is because the balance of power has shifted to consumer technology,” He said. The constant change will require constant learning and relearning. The core message from Nilekani therefore was: Lifetime learning. “The good news is that you have got degree from IIT Madras. The not so good news is that you can’t stop learning. You will have to keep learning for the rest of your life because we are now entering an era of lifelong learning,” he said. And by life-long learning, he didn’t mean “going to a campus and have fun for five years.” It will be learning in short bursts, any time learning, anywhere learning. It’s going to be just in time learning. A lot of it will even be online learning.
This need for constant learning and relearning will come because of our collective inability to predict the kind of jobs that will be done in future or the kind of organisations that people will be working for in future. The high rate of automation in the jobs will have an impact on the way jobs are done. We have seen in the past that technology has made repetitive jobs go away as computers became more and more powerful. In the past 10-15 years, you are seeing the rise of AI (Artificial Intelligence) and Machine Learning. And increasingly, in the last 5-6 years, you are seeing the rise of deep learning, which allows you to use a new kind of technology called neural networks that can make computers smarter and smarter.
Manav and Namit were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March 2024 was as follows:
Liabilities | Assets | ||
---|---|---|---|
Capitals: | Machinery | ₹8,00,000 | |
Manav | ₹4,00,000 | Investments | ₹5,00,000 |
Namit | ₹6,00,000 | Debtors | ₹12,00,000 |
Bank Overdraft | ₹9,00,000 | Stock | ₹3,00,000 |
Creditors | ₹10,00,000 | Cash in Hand | ₹1,00,000 |
Total | ₹29,00,000 | Total | ₹29,00,000 |
The firm was dissolved on the above date and the following transactions took place:
[(i)] Stock was given to creditors in full settlement of their account.
[(ii)] Investments were taken over by Manav at 120% of book value.
[(iii)] Bad debts amounted to ₹ 2,00,000.
[(iv)] Machinery was realised at 50% discount.
[(v)] Realisation expenses amounted to ₹ 1,00,000 which were paid by Namit.
Prepare Realisation Account.