National Culture free essay sample

In other words, although the concept of nation unfairly characterizes colonized subjects as istorically unified in their primitiveness or exoticness, the terms promise of solidarity and unity often proves helpful nonetheless In their attempts at political amelioration. Fanon encourages a materialist conceptualization of the nation that is based not so much on collective cultural traditions or ancestor-worship as political agency and the collective attempt to dismantle the economic foundations of colonial rule. Colonialism, as Fanon argues, not only physically disarms the colonized subject but robs her ofa pre-colonial cultural heritage. And yet, if colonialism in this sense alvanizes the native intellectual to renew contact once more with the oldest and most pre-colonial spring of life of their people, Fanon is careful to point out that these attempts at recovering national continuity throughout history are often contrived and ultimately self-defeating. l am ready to concede, he admits, that on the plane of factual being the past existence of an Aztec civilization does not change anything very much in the diet of the Mexican peasant of today. We will write a custom essay sample on National Culture or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the passage below, Fanon explains that national identity only carries meaning insofar as it eflects the combined revoluuonary efforts of an oppressed people aiming at collective liberation: A national culture is not a folklore, not an abstract populism that believes It can discover the peoples true nature. It Is not made up of the Inert dregs of gratuitous actions, that is to say actions which are less and less attached to the ever-present reality of the people. A national culture is the whole body of efforts made by a people in the sphere of thought to describe, Justify, and praise the action through which that people has created Itself and keeps Itself In existence. Muhammad Slbtaln Haider 11-12-2013 National Culture By sibtainJaf because it re-inscribes an essentialist, totalizing, fetishized, often middle-class solidarity and unity often proves helpful nonetheless in their attempts at political but robs her of a pre-colonial cultural heritage. And yet, if colonialism in this sense below, Fanon explains that national identity only carries meaning insofar as it reflects the combined revolutionary efforts of an oppressed people aiming at believes it can discover the peoples true nature. It is not made up of the inert dregs through which that people has created itself and keeps itself in existence. Muhammad Sibtain Haider

Free Essays on The Characteristics Of An Ideal Student At ITT

An Ideal student is a student that shows up to class on time and does what is expected of him or her to do during that day. This student will also turn in all homework in on time and not a minute late and he or she will not let most things get in the way of study time (most of the time). An ideal student also gets along with his or her other Peers and tries to help them when needed or asked. An ideal student will even go out of his or her way to help fellow students with homework and studding for tests and finals. Her or she is a straight A student and thrives for nothing less always wanting to better themselves. Now the dress of an ideal student is in a proper manner, things like slacks or jeans with a nice dress or pullover style shirt for the men and for the women it can be the same attire. You might even say that the ideal student is the one that everyone wants to be like and works hard to maintain that image. Also he or she wouldn’t have any problems taking their hat off in the class or building when asked to take them off. The ideal student will always be polite and show kindness to all teachers and other students no mater what they are studying. This student also has the up most respect for all factuality. This is my definition of a ideal student. This is what I am going to start thriving for in the quarters to come.... Free Essays on The Characteristics Of An Ideal Student At ITT Free Essays on The Characteristics Of An Ideal Student At ITT An Ideal student is a student that shows up to class on time and does what is expected of him or her to do during that day. This student will also turn in all homework in on time and not a minute late and he or she will not let most things get in the way of study time (most of the time). An ideal student also gets along with his or her other Peers and tries to help them when needed or asked. An ideal student will even go out of his or her way to help fellow students with homework and studding for tests and finals. Her or she is a straight A student and thrives for nothing less always wanting to better themselves. Now the dress of an ideal student is in a proper manner, things like slacks or jeans with a nice dress or pullover style shirt for the men and for the women it can be the same attire. You might even say that the ideal student is the one that everyone wants to be like and works hard to maintain that image. Also he or she wouldn’t have any problems taking their hat off in the class or building when asked to take them off. The ideal student will always be polite and show kindness to all teachers and other students no mater what they are studying. This student also has the up most respect for all factuality. This is my definition of a ideal student. This is what I am going to start thriving for in the quarters to come....

Abuse of the Innocent Essays - Animal Welfare, Cruelty To Animals

Abuse of the Innocent Is it right to force a mouse to live it's live in a laboratory cage to test anti-cancer drug? How would you like to be squeezed in a cage with many other animals, not being able to touch the grass, run around and play, smell the flowers, or go for a walk in the warmth of the sunshine? Animal cruelty is wrong because we are hurting the Innocent. Animals experience and feel pain, fear , anxiety, stress, depression, boredom, joy and happiness. Animals are very intelligent, some ever learn our own language. Most people experience their first bond with an animal. Not only do they bring a companion and a friend into our lives, but also unconditional love and comfort. Pet shops and puppy mills mass produce, kennels are overcrowded and dirty, with very little nutrition. Cats/dogs are held in metal cages and lead miserable lives breeding continuously. Animals suffer and are neglected, some are sold to research laboratories. A large number of animals are raised for slaughter each year. A cow "has a natural life span of twenty- five to thirty years, but only survives for an average of five".1 An estimated "seventeen million raccoons, beavers, bobcats, lynx, coyotes, muskrats, nutria, and other animals are trapped each year in the United States for fur".2 They suffer from unbearable pain for several hours before their lives are ended by the trapper's club. Is the price of live worth the price of fur? Psalm 104, 27-30. All creatures depend on you to feed them throughout the year: you provide the food they eat, with generous hands you satisfy their hunger. You turn your face away, they suffer. You stop their breath, they die and revert to dust. You give breath, fresh life begins, you keep renewing the world. Disections have been practiced in biology classes for many years. Critics accuse some teachers of killing and argue that disection teaches nothing but cruelty. Nothing is learned by cutting up an animal that cannot be learned from photographs or drawings. Children do not learn about the human body by killing and disecting a person, they learn from diagrams and textbooks. Vivisection means "cutting alive". It is a worldwide practice involving millions of animals. Scientists say that vivisections may not necessarily be painful. Every living being with a brain, spinal column, and central nervous system feels pain. Animals were not created for entertainment. What do zoos really teach children? The animals are stolen from their natural habitats and are brutally transferred. They suffer from boredom and have natural needs such as running, climbing, flying, and natural mating. All of the magic and glitter of the circus hides the true animal cruelty. Several animals are confined to small cages, muzzled, and repeatedly whipped in training. They are declawed, have their teeth removed, and drugged to be obedient. Military research on animals include monkeys, baboons, rats, guinea pigs, sheep, dogs, cats, rabbits, and mice. "... when I see my closest relative locked in a restraining box, his head filled with electrodes, and all he has got to reach out to you is with his eyes, then how can we respond to that if we close ours?".3 Weapons are tested on innocent animals, nerve gas, bullets, and bombs are all used. "One sad insight is gleaned from this statement, made by a Porton workman who lost his bearings: 'I thought I was ill, I thought I was seeing things. It was a little monkey enclosed In a glass cage. Its eyes seemed to be falling out and it couldn't breathe. It was in dreadful, dreadful distress. I forgot everything and went near it and said something to it, and it buried its head in it's arms and sobbed like a child. I never slept that night, and the next day managed to go back to the same room, but it was nearly finished by then. It had sunk to a little heap at the bottom of the glass cage.'."4 Animal cruelty is wrong, we are hurting the innocent. Cruelty of animals can be stopped, not only do we have to open our eyes, but open our mouths as well. Read a book, write a letter, join a group or start a group, either way, an animal will be grateful for the chance of a happy life. 656 End Notes 1. Loraine Kay, Living Without Cruelty, (London: Sidwick & Jackson, 1990), p.15. 2. Laura Fraser, The Animal

Globalisation of Logistics & SCM 2 Coursework Example | Topics and Well Written Essays - 3000 words

Globalisation of Logistics & SCM 2 - Coursework Example Jasper (2003) defined performance as the process of accomplishing given tasks that are measured against stipulated standards of completeness, accuracy, speed, and cost. Performance is considered to be fulfillment of various obligations in ways that release performers from all the liabilities under business contracts. In my journey of development, learning has played a major role in what I am today as I have been able to acquire knowledge in school and the society hence ensuring better performance in my general activities. Covey (2004) observed that anything human beings do depend partly or wholly on what they learnt either in educational institutions or the society and partly how they put the learning in their actions. People skills are the capabilities of individuals to understand themselves and ability to moderate their responses. Learning people skills has enabled me to empathize accurately, to talk effectively, and to build relationships of respect, trust and very productive interactions in my journey of development. Redmond (2004) noted that good people skills are considered as an asset in business and our daily lives as they enable us to relate and communicate to other individuals on both professional and personal levels hence the ability solve problems effectively and work together to achieve common goals and objectives. Emotional intelligence is the ability of recognizing our emotions and other individual’s feelings and discriminating between various sensations and labeling them appropriately hence enabling individuals to apply that information in thinking and changing behaviors (Redmond, 2004). Emotional intelligence has enabled me to interact with individuals of different characte rs effectively as I have been able to identify, understand, use, and manage sensations in positive ways in order to communicate efficiently, relieve stress, overcome challenges, defuse conflicts, and to empathize with other society members. I am

Popular Culture (Paraphrase) Essay Example | Topics and Well Written Essays - 500 words

Popular Culture (Paraphrase) - Essay Example Myths can be generally categorized dualistically: myths of history, which represent the accumulated knowledge and superstition of generations and tend to be from more ancient cultures, and myths of example, which speculate about the future and are usually more recent. The first of these is intended to teach certain behaviors, the second to encourage, reassure, or warn. This essay will analyze the modern oral tradition of the American dream, expressed through drama and pop culture, to discern its status as 'myth' and show some responses to it. The ‘American dream’ is the somewhat fanciful idea that in the US (and only in the US) a person can achieve wealth and success through hard work, regardless of their other qualities. It suggests that the US socio-economic system is scrupulously fair and completely devoid of corruption or favoritism, and (more disturbingly) that those who do not succeed are personally to blame for their failures. It comes across as a little dated to the cynics of the twenty-first century, and it is true that the dream was not as solid as it may have seemed to its contemporaries. The playwright Arthur Miller recognized this, and made it the topic of his 1949 play Death of a Salesman. Willy Loman, the protagonist of Death of a Salesman, is one of the victims of the American dream.

Education Essay Example for Free

Education Essay The most prominent example of a formal setting in the book is school. However, Scout does not learn much from school. This can be examplified by the fact that when Scout is able to read better than the teacher, Miss Caroline Fisher had expected, Miss Caroline Fisher told her to tell her father to stop teaching her how to read. Instead of helping Scout to improve her reading, Mrs Fisher is impeding Scouts learning process. This shows that schools do not cater to children of different abilities and Scouts learning is restricted in school. Hence, school is not the only place where a child learns. Jem and Scout learn moral values from Atticus. This is examplified by the many values Atticus teaches them such as moral courage and to stand up for what one believes is right. Atticus brought his children up to treat the blacks and the whites as equals. When Scout tells Atticus to send Calpurnia away, Atticus told Scout that they could not survive a day without Calpurnia and he told Scout to mind her. Scout learnt that she had to treat Calpurnia (a Negro) like how she would treat a White and to be respectful towards Calpurnia. Jem looks up to Atticus and tries to emulate him. This is because Atticus is a good role model and a good father. Jem learns from Atticus to have the moral courage to fight for what is right. This is evident as Atticus went all out to fight for Tom Robinson as he believed that Tom was innocent. Atticus did this although he knew that he would face severe criticism from the people in Mycomb and that he would put his life and his childrens at risk. From the example he sets, Jem is able to learn to have the moral courage to fight for what is right. Hence, Jem and Scout do learn in informal settings. Jem also learnt to have the courage to do what one decides to do. This is evident from Jems encounter with Mrs. Dubose. Mrs Dubose is a morphine addict and she tried very hard to get rid of her addiction. Mrs. Dubose sets an alarm clock and made Jem read to her as he was angry at what she said and cut off the top of her bushes. When the alarm clock rings, it would mark the end of Jems reading time. During this period of time when Jem is reading, Mrs Dubose will refrain from taking morphine. She used this method to try and get rid of her morphine addiction. To further elaborate, Mrs. Dubose was very courageous to try and get rid of her morphine addiction as it was a very painful process. Mrs. Dubose was almost dying but she wanted to leave the world beholden to nothing so she tried her very best to get rid of her addiction and displayed a strong sense of courage. Jem learnt from Mrs. Dubose that no matter how painful the process is, one should have the courage and determination to accomplish it. Hence, Jem do learn in an informal setting. Jem and Scout also gained knowledge from a new experience that Calpurnia showed them. This is evident as Calpurnia showed them how it was like in a Negro church. By visiting their church, they learnt about the difference in the conditions of the Negroes church and their church. They also learnt more about Tom Robinsons case when Scout asked Calpurnia why the pastor demands a donation from everyone to help Tom Robinsons wife provide for her kids. From these, the children were somewhat more aware of the discrimination happening in Maycomb.

Auschwitz Essay -- essays research papers fc

Auschwitz: A Historical Overview of the Death Camp The Holocaust is one of the most horrifying crimes against humanity. "Hitler, in an attempt to establish the pure Aryan race, decided that all mentally ill, gypsies, non supporters of Nazism, and Jews were to be eliminated from the German population. He proceeded to reach his goal in a systematic scheme." (Bauer, 58) One of his main methods of exterminating these ‘undesirables' was through the use of concentration and death camps. In January of 1941, Adolf Hitler and his top officials decided to make their 'final solution' a reality. Their goal was to eliminate the Jews and the ‘unpure' from the entire population. Auschwitz was the largest concentration camp that carried out Hitler's ‘final solution' in greater numbers than any other. The first concentration camps were set up in 1933. Hitler established the camps when he came into power for the purpose of isolating, punishing, torturing, and killing anyone suspected of opposition against his regime. In the early years of Hitler's reign, concentration camps were places that held people in protective custody. These people in protective custody included those who were both physically and mentally ill, gypsies, homosexuals, Jehovah Witnesses, Jews and anyone against the Nazi regime. By the end of 1933 there were at least fifty concentration camps throughout occupied Europe. At first, the camps were controlled by the Gestapo (police), but by 1934 the S.S. (Hitler's personal security force) was ordered, by Hitler, to control the camps. (Feig, 20) These camps were set up for many different purposes: Some for forced labor, others for medical experiments and, later on, for the mass destruction of the Jews. (Feig, 21) However, there was never a clear idea from camp to camp as to the true purpose. Was it to extract labor or merely to kill? We do know that Auschwitz was designed for those three reasons stated. Its ultimate goal though was to exterminate as many people possible in the shortest amount of time. The first death camp, Chelmno, was set up in Poland on December 8, 1941. This was five weeks before the Wannsee Conference at which time the 'final solution' was planned out. (Feig, 23) Usually, the death camps were part of exi... ... Chartock, Roselle. The Holocaust Years: Society on Trial. New York: Anti-Defamation League of Bnai Brith, 1978. Ellis, Marc. Ending Auschwitz. Louisville: John Knox Press, 1994. Feig, Konnilyn G. Hitler's Death Camps. New York: Holmes & Meier Publishers, 1979. Gilbert, Martin. Auschwitz and the Allies. New York: Holt, Reinhardt & Winston, 1981. G Gilbert, Martin. The Holocaust - A History of the Jews of Europe During the Second World War. New York: Holt, Reinhardt & Winston, 1985. Meltzer, Milton. Never to Forget the Jews of the Holocaust. New York: Harper & Row, 1976. Nyiszli, Dr. Miklos Auschwitz: An Eyewitness Account of Mengle's Infamous Death Camp. New York: Seaver Books, 1960. Rossel, Seymour. The Holocaust. New York: Franklin Watts, 1981. Schwartz, Aaron F. Hitler's Final Solution. London: Oxford Printing, 1972. Sofosky, Wolfgang. The Order of Terror: The Concentration Camp. Princeton: Princeton University Press, 1991. Auschwitz Essay -- essays research papers fc Auschwitz: A Historical Overview of the Death Camp The Holocaust is one of the most horrifying crimes against humanity. "Hitler, in an attempt to establish the pure Aryan race, decided that all mentally ill, gypsies, non supporters of Nazism, and Jews were to be eliminated from the German population. He proceeded to reach his goal in a systematic scheme." (Bauer, 58) One of his main methods of exterminating these ‘undesirables' was through the use of concentration and death camps. In January of 1941, Adolf Hitler and his top officials decided to make their 'final solution' a reality. Their goal was to eliminate the Jews and the ‘unpure' from the entire population. Auschwitz was the largest concentration camp that carried out Hitler's ‘final solution' in greater numbers than any other. The first concentration camps were set up in 1933. Hitler established the camps when he came into power for the purpose of isolating, punishing, torturing, and killing anyone suspected of opposition against his regime. In the early years of Hitler's reign, concentration camps were places that held people in protective custody. These people in protective custody included those who were both physically and mentally ill, gypsies, homosexuals, Jehovah Witnesses, Jews and anyone against the Nazi regime. By the end of 1933 there were at least fifty concentration camps throughout occupied Europe. At first, the camps were controlled by the Gestapo (police), but by 1934 the S.S. (Hitler's personal security force) was ordered, by Hitler, to control the camps. (Feig, 20) These camps were set up for many different purposes: Some for forced labor, others for medical experiments and, later on, for the mass destruction of the Jews. (Feig, 21) However, there was never a clear idea from camp to camp as to the true purpose. Was it to extract labor or merely to kill? We do know that Auschwitz was designed for those three reasons stated. Its ultimate goal though was to exterminate as many people possible in the shortest amount of time. The first death camp, Chelmno, was set up in Poland on December 8, 1941. This was five weeks before the Wannsee Conference at which time the 'final solution' was planned out. (Feig, 23) Usually, the death camps were part of exi... ... Chartock, Roselle. The Holocaust Years: Society on Trial. New York: Anti-Defamation League of Bnai Brith, 1978. Ellis, Marc. Ending Auschwitz. Louisville: John Knox Press, 1994. Feig, Konnilyn G. Hitler's Death Camps. New York: Holmes & Meier Publishers, 1979. Gilbert, Martin. Auschwitz and the Allies. New York: Holt, Reinhardt & Winston, 1981. G Gilbert, Martin. The Holocaust - A History of the Jews of Europe During the Second World War. New York: Holt, Reinhardt & Winston, 1985. Meltzer, Milton. Never to Forget the Jews of the Holocaust. New York: Harper & Row, 1976. Nyiszli, Dr. Miklos Auschwitz: An Eyewitness Account of Mengle's Infamous Death Camp. New York: Seaver Books, 1960. Rossel, Seymour. The Holocaust. New York: Franklin Watts, 1981. Schwartz, Aaron F. Hitler's Final Solution. London: Oxford Printing, 1972. Sofosky, Wolfgang. The Order of Terror: The Concentration Camp. Princeton: Princeton University Press, 1991.

Sociological perspectives

I have been observing the political events of many countries as they unfold. Among the most fascinating of all was that in Kenya, a country in Africa which drew attention of the whole world after being highlighted as a result of the post election violence. I watched the campaign rallies as they were captured by the TV stations that were mainly dominated by three political parties; the Orange Democratic Movement (ODM), the Party of National Unity (PNU) and Orange Democratic Movement of Kenya (ODM – K). I then focused on the whole country as a social system and finally narrowed down my observation to the close competitors who eyed for the presidential seat( http://video. google. com/videoplay? docid=-8434875422533573659 ) This paper examines all my observations as pertaining to the above highlighted situation through ‘a sociologist eyes'. As I watched the campaign rallies, I noticed that among the major political parties, there were common agenda. This were poverty reduction, job creation, fight against tribalism and inequality. In my quest to know more about the reason behind having common agendas, I realized that this country was stratified into different groups based on tribes, religious background and economic status. Economically, there were two major groups, the poor and the rich. The poor blamed the rich for accumulating large amounts of wealth through corrupt deals. They pointed out some major scandals that led to poor economic growth which resulted to increased poverty in the country. Examples of such corruption scandal include the â€Å"golden berg† and the â€Å"Anglo leasing†. The poor claimed that they were exploited by the rich, a situation that they said led to marginalization of some people and widened the gap between rich and the poor. The rich were supporting the political regime that existed at that time and they supported President Mwai Kibaki whom they said was the best president that people should support if they intend to achieve a high economic growth rate. Of course these were the owners of means of production and they intended to maximize on increasing their wealth. The poor were supporting Mr. Odinga who unveiled his plan to reduce poverty and inequality – something that the wealthy class in the country termed as a threat to investment( http://video. google. com/videoplay? docid=-4385739074127652954 ) These two groups divided the country's population into two antagonistic groups and initiated conflict between themselves. The campaign took a different dimension when two tribes in this country came came out to out do each other and muscle out their way to compeat for the prestigious political position, the presidency. These tribes included Kikuyu and the Luo(http://video. google. com/videoplay? docid=6778777698786778125) As a result a debate for introduction of â€Å"Majimbo system† what can be referred to a Federal government came up. The two groups were once in another conflict since those behind PNU did not support a Majimbo government while those behind ODM and ODM -Kenya did( http://video. google. com/videoplay? docid=-5553237563976614777&q=kenya+politics+on+tv-+kibaki+and+raila&total=22&start=10&num=10&so=2&type=search&plindex=5&hl=en . As the election neared, another conflict came up. This time round, it was the Muslim community versus the Christian community where the Muslims wanted to get freedom to exercise their Sharia Laws. They claimed that they were never given freedom like the Christians who are the majority in the country. The Muslims therefore chose to support the ODM leader, Raila who had promised to address their grievances. The Christians rejected Mr. Raila ‘s proposal and threatened to demand their Christian laws to be enacted into state laws if the Muslims were given that â€Å"Special treatment† ( http://video. google. om/videoplay? docid=-1185250696841707886 This reminded me of the social conflict theory which holds that no society can exist without conflict (http://www. allfreeessays. com/student/Consensus_Conflict_Perspectives_in_social_theory. html ) As I watched the political campaigns, it was clear that these political leaders wanted to create a positive image of themselves in order to win many votes. In the â€Å"Front stageâ⠂¬  as Erving Goffman calls it in his theory of impression management or dramatical approach to social interaction, they gave all sorts of good promises. They promised to create jobs, reduce poverty, fight tribalism and inequality. In the â€Å"backstage† they would go to their tribes and call for their support, promise their tribes how they would benefit more than the other Kenyans and how they will appoint people from their tribes in government offices, something which was contrary to what they were promising the citizens in general. Challenging each other in political arenas and their respective credentials further worsened the relationship between the â€Å"actors† When chaos erupted in the country and things seemed to run out of control, the former UN Secretary General, MR. Koffi Annan together with Graca Machele and Benjamin Mkapa led Mediation talks. The two political leaders, Mr. Odinga and President Kibaki appeared in Televisions as a way to inform the Kenyans that they were not enemies and were working together to put things in place. This was just a â€Å"front stage† since later on they both accused each other for what was happening in the country and clearly brought out a good picture of the ‘back stage'. These kind of actions by Mr. Odinga and President Kibaki is what Goffman said was analogously equated to theoretical drama. In this case, Mr. Odinga and President Kibaki together with their close supporters were the actors while Kenyans became the audience. This is the theory of symbolic interaction ism(Herman N, Reynolds L, pp. 76) Kenya is a society that is made up of individuals and groups of people who interact with each other and espouse a sense of ‘we feeling'. They share many things in common including laws, the presidency among others and they all work together to improve their welfare and the country as a whole. Within the system there are sub systems which include political system, religious system, education and economic system among others. All these have a function to perform in order to ensure the social system functions properly. It is important to note that all societies consist of social structures which play different roles but must depend on one another. In the case for Kenya, the disputed election results led to chaos. This paralyzed all sectors of the economy. Many families were forced to break especially where the Luo intermarried with the Kikuyu. This was a state of anarchy and anomie that led to high levels of insecurity and deaths of thousands of innocent Kenyans. All learning institutions were closed down churches were burnt down and in general there was social disorganization in the country. All structures that bond Kenya as a society were weakened and if it were not for the mediation talks led by the international society Kenya would have been torn apart. I observed it and the theory of structural functionalism crossed my mind. According to the structural functionalism school of thought, any society comprises of social structures. These social structures play specialized and important functions that bind the members of the society together. (Robinson W, pp 314)

Role and Functions of Stock Exchange in India

A PRESENTATION REPORT ON ROLE AND FUNCTIONS OF STOCK EXCHANGE INTRODUCTION A  stock exchange  is a form of  exchange  which provides services for  stock brokers  and  traders  to trade  stocks,  bonds, and other  securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and  dividends. Securities traded on a stock exchange include  shares  issued by companies,  unit trusts,  derivatives, pooled investment products and  bonds.To be able to trade a security on a certain stock exchange, it must be listed there. Usually, there is a central location at least for record keeping, but trade is increasingly less linked to such a physical place, as modern markets are  electronic networks, which gives them advantages of increased speed and reduced cost of transactions. Trade on an exchange is by members only. The initial offering of stocks and bonds to  investors  is by definition done in the  primary market  and subsequent trading is done in the  secondary market.A stock exchange is often the most important component of a  stock market. Supply and demand in stock markets are driven by various factors that, as in all  free markets, affect the price of stocks (see  stock valuation). There is usually no compulsion to issue stock via the stock exchange itself, nor must stock be subsequently traded on the exchange. Such trading is said to be  off exchange  or  over-the-counter. This is the usual way that  derivatives  and  bonds  are traded. Increasingly, stock exchanges are part of a global market for securitiesSTOCK EXCHANGE DEFINITION According to Husband and Dockerary â€Å"Stock exchanges are privately organized markets which are used to facilitate trading in securities. * According to securities contract ( regulation ) act of 1956 â€Å"An association, organization or body of individuals, whether incorporated or not, established for the purpose of assisting, regulating and controlling business in buying, selling and dealing in securities. † Features of Stock Exchange 1. Market for securities  : Stock exchange is a market, where securities of corporate bodies, government and semi-government bodies are bought and sold. . Deals in second hand securities  : It deals with shares, debentures bonds and such securities already issued by the companies. In short it deals with existing or second hand securities and hence it is called secondary market. 3. Regulates trade in securities  : Stock exchange does not buy or sell any securities on its own account. It merely provides the necessary infrastructure and facilities for trade in securities to its members and brokers who trade in securities. It regulates the trade activities so as to ensure free and fair trade 4.Allows dealings only in listed securities  : In fact, stock exchanges maintain an official list of se curities that could be purchased and sold on its floor. Securities which do not figure in the official list of stock exchange are called unlisted securities. Such unlisted securities cannot be traded in the stock exchange. 5. Transactions effected only through members  : All the transactions in securities at the stock exchange are effected only through its authorised brokers and members. Outsiders or direct investors are not allowed to enter in the trading circles of the stock exchange.Investors have to buy or sell the securities at the stock exchange through the authorised brokers only. 6. Association of persons  : A stock exchange is an association of persons or body of individuals which may be registered or unregistered. 7. Recognition from Central Government  : Stock exchange is an organised market. It requires recognition from the Central Government. 8. Working as per rules  : Buying and selling transactions in securities at the stock exchange are governed by the rules and regulations of stock exchange as well as  SEBI Guidelines.No deviation from the rules and guidelines is allowed in any case. 9. Specific location  : Stock exchange is a particular market place where authorised brokers come together daily (i. e. on working days) on the floor of market called trading circles and conduct trading activities. The prices of different securities traded are shown on electronic boards. After the working hours market is closed. All the working of stock exchanges is conducted and controlled through computers and electronic system. 10. Financial Barometers  : Stock exchanges are the financial barometers and evelopment indicators of national economy of the country. Industrial growth and stability is reflected in the index of stock exchange. EXISTING STRUTURE OF STOCK EXCHANGE IN INDIA STOCK EXCHANGE OTHERS NSE BSE BOMBAY STOCK EXCHANGE The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when four Gujarati and o ne Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall. The location of these meetings changed many times, as the number of brokers constantly increased.The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as ‘The Native Share & Stock Brokers Association'. In 1956, the BSE became the first stock exchange to be recognized by the  Indian Government  under the Securities Contracts Regulation Act. The Bombay Stock Exchange developed the  BSE SENSEX  in 1986, giving the BSE a means to measure overall performance of the exchange. In 2000 the BSE used this index to open its derivatives market, trading SENSEX futures contracts.The development of SENSEX options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform. Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to an electronic trading system in 1995. It took the exchan ge only fifty days to make this transition. This automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 8 million orders per day. The BSE has also introduced the world's first centralized exchange-based internet trading system, BSEWEBx. o. in to enable investors anywhere in the world to trade on the BSE platform. The BSE is currently housed in  Phiroze Jeejeebhoy Towers  at  Dalal Street,  Fort area. NATIONAL STOCK EXCHANGE The  National Stock Exchange  (NSE) is  stock exchange  located at  Mumbai,  India. It is in the top 20 largest stock exchanges  in the world by  market capitalization  and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization of around  US$1  trillion  and over 1,652 listings as of July 2012.Though a number of other exchanges exist, NSE and the  Bombay Stock Exchange  are the two most significant stock e xchanges in India, and between them are responsible for the vast majority of share transactions. The NSE's key index is the  S&P CNX Nifty, known as the NSE  NIFTY  (National Stock Exchange Fifty), an index of fifty major stocks weighted by market capitalization. NSE is mutually owned by a set of leading financial institutions, banks, insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities.There are at least 2 foreign investors  NYSE Euro next  and  Goldman Sachs  who have taken a stake in the NSE. As of 2006, the NSE  VSAT  terminals, 2799 in total, cover more than 1500 cities across India. In 2011, NSE was the third largest stock exchange in the world in terms of the number of contracts (1221 million) traded in equity derivatives. It is the second fastest growing  stock exchange  in the world with a recorded growth of 16. 6%. ROLE OF STOCK EXCHANGE * Effective Mobilisation Of Savings St ock exchanges provide organised market for an individual as well as institutional investors.They regulate the trading transactions with proper rules and regulations in order to ensure investor's protection. This helps to consolidate the confidence of investors and small savers. Thus, stock exchanges attract small savings especially of large number of investors in the capital market. * Promoting Capital formation The funds mobilised through capital market are provided to the industries engaged in the production of various goods and services useful for the society. This leads to capital formation and development of national assets. The savings mobilised are channelised into appropriate avenues of investment. Wider Avenues of investment Stock exchanges provide a wider avenue for the investment to the people and organisations with investible surplus. Companies from diverse industries like Information Technology, Steel, Chemicals, Fuels and Petroleum, Cement, Fertilizers, etc. offer vari ous kinds of equity and debt securities to the investors. Online trading facility has brought the stock exchange at the doorsteps of investors through computer network. Diverse type of securities is made available in the stock exchanges to suit the varying objectives and notions of different classes of investor.Necessary information from stock exchanges available from different sources guides the investors in the effective management of their investment portfolios. * Liquidity of investment Stock exchanges provide liquidity of investment to the investors. Investors can sell out any of their investments in securities at any time during trading days and trading hours on stock exchanges. Thus, stock exchanges provide liquidity of investment. The on-line trading and online settlement of demat securities facilitates the investors to sellout their investments and realise the proceeds within a day or two.Even investors can switch over their investment from one security to another according to the changing scenario of capital market. * Investment priorities Stock exchanges facilitate the investors to decide his investment priorities by providing him the basket of different kinds of securities of different industries and companies. He can sell stock of one company and buy a stock of another company through stock exchange whenever he wants. He can manage his investment portfolio to maximise his wealth. * Investment safetyStock exchanges through their by-laws, Securities and Exchange Board of India (SEBI) guidelines, transparent procedures try to provide safety to the investment in industrial securities. Government has established the National Stock Exchange (NSE) and Over The Counter Exchange of India (OTCEI) for investors' safety. Exchange authorities try to curb speculative practices and minimise the risk for common investor to preserve his confidence. * Financial resources for public and private sectors Stock Exchanges make available the financial resources available to the industries in public and private sector through various kinds of securities.Due to the assurance of liquidity, marketing support, investment safety assured through stock exchanges, the public issues of securities by these industries receive strong public response (resulting in oversubscription of issue). * Funds for Development Purpose Stock exchanges enable the government to mobilise the funds for public utilities and public undertakings which take up the developmental activities like power projects, shipping, railways, telecommunication, dams & roads constructions, etc.Stock exchanges provide liquidity, marketability, price continuity and constant evaluation of government securities. * Indicator of Industrial Development Stock exchanges are the symbolic indicators of industrial development of a nation. Productivity, efficiency, economic-status, prospects of each industry and every unit in an industry is reflected through the price fluctuation of industrial securities o n stock exchanges. Stock exchange sensex and price fluctuations of securities of various companies tell the entire story of changes in industrial sector. Barometer of National Economy Stock exchange is taken as a Barometer of the economy of a country. Each economy is economically symbolized (indicators) by its most significant stock exchange. New York Stock Exchange, London Stock Exchange, Tokyo Stock Exchange and Bombay Stock Exchange are considered as barometers of U. S. A, United Kingdom, Japan and India respectively. At both national and international level these stock exchanges represent the progress and conditions of their economies. Functions FUNCTIONS OF STOCKEXCHANGE * Continuous and ready market for securitiesStock exchange provides a ready and continuous market for purchase and sale of securities. It provides ready outlet for buying and selling of securities. Stock exchange also acts as an outlet/counter for the sale of listed securities . * Facilitates evaluation of secu rities Stock exchange is useful for the evaluation of industrial securities. This enables investors to know the true worth of their holdings at any time. Comparison of companies in the same industry is possible through stock exchange quotations (i. e price list). * Encourages capital formationStock exchange accelerates the process of capital formation. It creates the habit of saving, investing and risk taking among the investing class and converts their savings into profitable investment. It acts as an instrument of capital formation. In addition, it also acts as a channel for right (safe and profitable) investment. * Provides safety and security in dealings Stock exchange provides safety, security and equity (justice) in dealings as transactions are conducted as per well defined rules and regulations. The managing body of the exchange keeps control on the members.Fraudulent practices are also checked effectively. Due to various rules and regulations, stock exchange functions as the custodian of funds of genuine investors. * Regulates company management Listed companies have to comply with rules and regulations of concerned stock exchange and work under the vigilance (i. e supervision) of stock exchange authorities. * Facilitates public borrowing Stock exchange serves as a platform for marketing Government securities. It enables government to raise public debt easily and quickly. * Provides clearing house facilityStock exchange provides a clearing house facility to members. It settles the transactions among the members quickly and with ease. The members have to pay or receive only the net dues (balance amounts) because of the clearing house facility. * Facilitates healthy speculation Healthy speculation, keeps the exchange active. Normal speculation is not dangerous but provides more business to the exchange. However, excessive speculation is undesirable as it is dangerous to investors & the growth of corporate sector. * Serves as Economic BarometerStock e xchange indicates the state of health of companies and the national economy. It acts as a barometer of the economic situation / conditions. * Facilitates Bank Lending Banks easily know the prices of quoted securities. They offer loans to customers against corporate securities. This gives convenience to the owners of securities. List of Stock Exchanges In India  » Bombay Stock Exchange  » National Stock Exchange Regional Stock Exchanges  » Ahmedabad  » Bangalore  » Bhubaneshwar  » Calcutta  » Cochin  » Coimbatore  » Delhi  » Guwahati  » Hyderabad  » Jaipur  » Ludhiana  » Madhya Pradesh Madras  » Magadh  » Mangalore  » Meerut  » OTC Exchange Of India  » Pune  » Saurashtra  » Kutch  » UttarPradesh  »Vadodara CONCLUSION Stock exchange is indispensible for the smooth and orderly functioning of corporate sector in a free market economy. A stock exchange need not be treated as a place for speculation or a gambling den. It should act as a place for safe and profitable investable. , for this effective control on the working of stock exchange is necessary. This will avoid misuse of this platform for excessive speculation, scams and other undesirable and anti social activities.Thus, stock exchange serves the nation in several ways through its diversified economic services which include imparting liquidity to investments, providing marketability, enabling evaluation and ensuring price continuity of securities. Thus we can say that Stock exchange is the mirror of economy REFERENCES * Financial Management – I. M Pandey * Financial Management – Prasanna Chandra * Business studies – B. S Raman * Business studies – P. K Lasar * http://moneycontrol. com * http://investopedia. com * http://wikipedia. com * http://kalyan-city. blogspot. in

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