NEW DELHI: ISRO's Mars Orbiter or Mission (MoM) on Monday successfully completed the fourth trajectory correction manoeuvre and test fire of the main liquid engine on the spacecraft.
"Main Liquid Engine test firing on Mars orbiter spacecraft successful: We had perfect burn for 4 seconds as programmed. The trajectory has been corrected. Mars Orbiter Mission will now go ahead with the normal plan for Mars Orbit Insertion," said ISRO. "#MarsOrbiter Main Liquid Engine test firing success ..
Why did the RBI withdraw currency notes of Rs 5000 and Rs 10000 from the market in 1978?
This table is a strong indicator that even the present highest denomination, Rs 1000 is not doing much good to our economy. If we look at the developed nations in the table, we see that the per capita income(average person's annual income) to highest denomination ratio is around 300 to 400.
Why does this ratio matter?
When the ratio is at the aforementioned levels, it is less likely that reasonably huge transactions will be done in cash alone. This forces people to use banks which is more transparent to the government, thereby good for the country.
On the other hand, a ratio of 23 in India is the very reason why people don't bother using bank transactions. Why would one bother about banks if a hundred 1000 rupee notes make a lakh rupees, which is quite a big amount for the majority of the population.
Going by the ratio, in order for our country to encourage white money transactions, the ideal highest denomination should be Rs 50.
23000/50 = 460.
In such a case, if you want to buy some furniture for say Rs 50,000, rather than carrying a thousand notes(Rs 50) with you, you would rather swipe your card or write the retailer a cheque. And that's exactly what the government wants you to do.
The Second interesting thing:
Why do Hindus worship idols when God told us he is everywhere?
Once Swami Vivekananda visited King of Alwar in present day Rajasthan. The king in an attempt to mock idol worship told Swamiji, "I've no faith in idol worship. How can one worship stone, wood and metal? I believe people are in illusion and just wasting time!".
Swamiji smiled. He asked the king's assistant to take down the picture of the king that was hanging on the wall. Although confused, the assistant did so. Then Swamiji ordered him, "Spit on the picture!". The assistant was shocked and looked at both of them. Swami repeated again and again, becoming more stern each time. The king was growing angry and the assistant started trembling. Finally, he cried out, "How can I spit on this? This picture is of our beloved and respected king!".
Swamiji then told him, "The king is sitting in front of you in person. This picture is merely a paper - it does not speak, hear, think or move. But still you did not spit because you see a shadow of your king in it, Spitting on it was like spitting on the king itself." The king looked at Swamiji and bowed down, clearly understanding what he was referring to.
This is the essence of idol worshiping. God is everywhere, but people want to pray to Him, ask favors, offer food, tell stories, bathe Him, play with Him and do what they do in their lives. Creating a human-like idol creates an image of God as a companion, a guide, a friend, a protector, a giver, a fellow being and so on. An idol is just a concrete representation where they find Him. When I look into the eyes of an idol, I do not see stone or metal, but another pair of eyes looking affectionately at me, smiling
"Main Liquid Engine test firing on Mars orbiter spacecraft successful: We had perfect burn for 4 seconds as programmed. The trajectory has been corrected. Mars Orbiter Mission will now go ahead with the normal plan for Mars Orbit Insertion," said ISRO. "#MarsOrbiter Main Liquid Engine test firing success ..
Why did the RBI withdraw currency notes of Rs 5000 and Rs 10000 from the market in 1978?
This table is a strong indicator that even the present highest denomination, Rs 1000 is not doing much good to our economy. If we look at the developed nations in the table, we see that the per capita income(average person's annual income) to highest denomination ratio is around 300 to 400.
Why does this ratio matter?
When the ratio is at the aforementioned levels, it is less likely that reasonably huge transactions will be done in cash alone. This forces people to use banks which is more transparent to the government, thereby good for the country.
On the other hand, a ratio of 23 in India is the very reason why people don't bother using bank transactions. Why would one bother about banks if a hundred 1000 rupee notes make a lakh rupees, which is quite a big amount for the majority of the population.
Going by the ratio, in order for our country to encourage white money transactions, the ideal highest denomination should be Rs 50.
23000/50 = 460.
In such a case, if you want to buy some furniture for say Rs 50,000, rather than carrying a thousand notes(Rs 50) with you, you would rather swipe your card or write the retailer a cheque. And that's exactly what the government wants you to do.
The Second interesting thing:
Why do Hindus worship idols when God told us he is everywhere?
Once Swami Vivekananda visited King of Alwar in present day Rajasthan. The king in an attempt to mock idol worship told Swamiji, "I've no faith in idol worship. How can one worship stone, wood and metal? I believe people are in illusion and just wasting time!".
Swamiji smiled. He asked the king's assistant to take down the picture of the king that was hanging on the wall. Although confused, the assistant did so. Then Swamiji ordered him, "Spit on the picture!". The assistant was shocked and looked at both of them. Swami repeated again and again, becoming more stern each time. The king was growing angry and the assistant started trembling. Finally, he cried out, "How can I spit on this? This picture is of our beloved and respected king!".
Swamiji then told him, "The king is sitting in front of you in person. This picture is merely a paper - it does not speak, hear, think or move. But still you did not spit because you see a shadow of your king in it, Spitting on it was like spitting on the king itself." The king looked at Swamiji and bowed down, clearly understanding what he was referring to.
This is the essence of idol worshiping. God is everywhere, but people want to pray to Him, ask favors, offer food, tell stories, bathe Him, play with Him and do what they do in their lives. Creating a human-like idol creates an image of God as a companion, a guide, a friend, a protector, a giver, a fellow being and so on. An idol is just a concrete representation where they find Him. When I look into the eyes of an idol, I do not see stone or metal, but another pair of eyes looking affectionately at me, smiling
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