IOSR-JEF   Volume-4 ~ Issue-5

Abstract: There are different factors that impact exchange rates. Exchange rates are highly unpredictable and they need to be monitored very closely to understand the change. Exchange rates are often used as indicator to determine nation's health. There are various market forces that effects exchange rates which is often determined by its level of demand and supply. Foreign Exchange policy is influenced by reversal of capital flows which causes balance of payments issues and makes currency volatile. Traders usually rely on two fundamental form of analysis in stock market viz fundamental analysis and technical analysis. However unlike companies countries donot have balance sheets and hence other parameters are used to determine countries health.

Abstract: This paper evaluates the sovereign wealth fund of Goodluck Jonathan of Nigeria administration with a view to empirically examine the factors that affect its creation and operations vis-à-vis its impacts on the growth of the economy. Both primary and secondary data were used in this study. The study was guided by five research objectives. All the 40 staff of Nigerian Sovereign Investment Authority (NSIA) in the state constituted the target population. A purposive sampling technique was used to select 30 staff of the establishment for the study. Mean scores and standard deviation were used to answer the research questions. Parametric statistics in forms of analysis of variance-ANOVA, co-efficient of correlation and simple linear regression were used to analyze the hypothesis. We determined the effect of SWF on the economic growth using gross domestic product as a major economic performance indicator. The study found that the link between SWF and economic growth in Nigeria is statistically significant but not positive. The reason is because the sovereign wealth fund is new in Nigeria, coupled with several challenges facing its operations hence has not contributed much to the GDP growth rate of the economy. Some remedial measures were suggested which include the need to ensure that the financial and operational independence of the organs of the NSIA be guaranteed by statute; the NSIA and its organs must be shielded from undue political influence through well defined administrative and operating procedures and that transparency and accountability in reporting must be seen as major watch words of the Fund.

Keywords: Nigeria, Sovereign wealth fund, Investment, NSIA, GDP, Economic growth.

Abstract: The paper highlights the strawberry cultivation in Meghalaya a product of Horticultural Revolution in the state which was initiated by the technology Mission for the Integrated Development of Horticultural in the North eastern region and Government of Meghalaya where a Project of Centre of Excellence under Horticulture Departmental farm at Dewlieh was implemented. The pilot project had selected Sohliya village as a vibrant model for the cultivation of the crop. The success of the project had attracted other districts to cultivate the crop, where Mawpran village, in East Khasi Hills District is the next strawberry hub with all potentialities. The Revolution in strawberry cultivation has bring a major transformation in the socio-economic aspects of the people engaged in the cultivation of the crop and making Meghalaya the third largest producer of strawberry in the country,thus, provides an incentive for the development of other organic and traditional horticultural crops in the state.

Keywords: Development, Horticulture, Meghalaya, Mawpran, Revolution, Sohliya, Socio-economic, Strawberry.

Abstract: In 2013, the world palm oil production reached 55.7 million tons. Indonesia and Malaysia shared 85% of it with their production of 26.70 and 21.70 million tons, respectively. The aims of this study were to identify and analyze the development and prospect of Indonesian palm oil industry and its derivative products. Data were analyzed by using a descriptive approach. The area of oil palm plantation increased to 9,074,621 ha in 2012. Indonesia's palm oil production in 2012 was 23.5 million tons. There was also an increased Indonesia's palm oil export to 18.15 million tons in 2012. In 2010, the installed capacity of cooking oil industry in Indonesia was 15.4 million tons. For fatty alcohol industry, the installed capacity was 320,000 tons/year. In 2007, with real production of 300,000 tons, the 100% real capacity was almost reached. The installed capacities of biodiesel and glycerin industries in 2011 were 3.4 million kiloliters/year and 142,700 ton/year, respectively. In 2010, glycerin production was about 204,394 tons. Glycerin production was 121,640 kiloliters from fatty acid and fatty alcohol industries and 61,694 kiloliters from biodiesel industry.

Key words: oil palm, downstream oil palm industry, export, import.

Abstract: The paper examines the impact of SLR, CRR and Investment on Loans and Advances of SBI. The study uses multiple regression analysis technique. Results suggested that CRR & SLR having significant impact on Loans & Advances and investment have negative insignificant impact on Loans & Advances. The study period is 1st April 2005 to 31st March 2011 as the period is considered in which maximum volatility have been noticed in CRR and SLR.

Abstract: This paper addresses the issues and challenges involved in adoption and applicability of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB) to India with Oracle (ERP) Financials. Specifically, the paper highlights some major areas where the corporate entities are facing the critical issues in maintaining the Accounting Standards and its Reporting system to locally and globally. The attempt to study the major challenges that are lying before the companies which are globally spread and the common problems in achieving the good quality reporting standards keeping in view the present business complications. The study has made an attempt how to face these challenges effectively and efficiently with the help of Enterprise Resource Planning (ERP) software more specifically Oracle Financials which is having wide variety of modules like Oracle's E-Business Suite, Oracle's Hyperion Financial Management etc. Each module is having its unique features and helps in following the International Accounting Standards (IAS), IFRS and also the local accounting standards developed by the Institute of Chartered Accountants of India (ICAI), India's standard setting body, is increasingly attempting to provide this transparency by revisions and additions to accounting standards, and by Exposure Drafts which aim to bring India more in line with International Financial Reporting Standards.

Keywords: accounting standards, oracle, GAAP

Abstract: The disturbed conditions existing due to onset of militancy in the Kashmir Valley since 1990, led to mass exodus of the Kashmiri Pandits from the valley of Kashmir to Jammu and other parts of the country. A number of measures by government have been taken over the year by way of financially assistance/relief and other initiatives to provide support to the affected families within a broad policy framework that those who have migrated will eventually return to the valley. Government has been providing relief to those displace families of camp and non-camp area in Jammu district who have no source of income after migration. This study is an attempt to analyse the social-living conditions of Kashmiri migrants of camp and non-camp area in Jammu district.

Keywords: Kashmiri Pandits, Migration, Militancy, Relief & Rehabilitation, Social-living conditions

Abstract: The problem of the study is to ascertain the significance of trade openness, FDI inflows and the total exports on GDP growth of India. This study examines the short run and long run relationship between growth in concerned macroeconomic variables and economic growth (Real GDP at Factor Cost) by applying Johansen Cointegration Test followed by Vector Error Correction Mechanism (VECM) and Granger-Causality Test. The study incorporates Impulse Response Function (IRF) and Variance Decomposition Analysis to find out the response of GDP to the shock imposed on the concerned explanatory variables. The study covers the period 1975-76 to 2011-12, taking secondary annual data. The Granger-Causality, Impulse Response Analysis and Variance Decomposition results claim that the unidirectional short run relationship exists between exports and GDP. Cointegration tests suggest presence of stable long run relationship among the variables.

Keywords: Econometrics, Net FDI Inflows, Real GDP at Factor Cost, Total Exports, Trade Openness