Hi Everyone. I am Ghanshyam Thori & I’ve secured AIR-25 in Civil Services Examination, 2009. I’ll get Indian Administrative Service & hopefully a cadre of my choice. I did my graduation from Kirori Mal College, Delhi & MBA from Narsee Monjee Institute of Management Studies, Mumbai. I worked with Kotak Life Insurance for 3 years before getting selected into Indian Administrative Service.
KK: Your date of birth is 02-December-1984. What disaster occurred on the same date?
ME: Sir, it was the Bhopal gas tragedy that occurred in the Union Carbide factory. The reason was the leakage of water into the container holding Methly Isocyanate. This increased the temperature of the tank enormously & there was an explosion leaking the dangerous gas in which thousands of people died.
KK: What is the status on the Bhopal gas tragedy now?
ME: Sir, now & then the tragedy in news because the victims of the Bhopal gas tragedy have not received their due compensation.
KK: What should have been done or what was done?
ME: Sir, the recommendations of the commission which goes into enquiry should be implemented with full spirit. The commission should identify the entire list of people & those people should get their rightful share of compensation.
KK: You are a student of Psychology. From a psychological point of view it is said that the North Indian Males are more aggressive than their south Indian counterparts. He substantiated this by citing more number of eve teasing cases in north Indian cities like Delhi. What reasons do you see behind this?
ME: Sir I see low level of literacy levels in North India compared to south India behind this. Both the male & female literacy rates are higher in South India than North India. Higher literacy helps to empower females in South India. Therefore in my opinion the male aggression has got to do with lower literacy rates in North India.
KK: What about Urban Areas in north India where there is high literacy rate? Still Urban areas like Delhi see a higher number of eve teasing cases?
ME: Sir, Delhi has a lot of migrants coming from surrounding states like Haryana; Rajasthan & U.P which have low literacy rates (lower than the national average). This is the reason. Apart from these states are traditionally male dominated. The condition of female is bad as seen from low female literacy rates, high IMR, high MMR. Even you see isolated cases of “Sati” in these states. Therefore in my opinion these are the reasons.
KK: You work with Kotak Life Insurance? What is your job profile?
Me: Blah blah blah…..
KK: What is the turnover of your company?
ME: 1000 Crore.
KK: Is your company listed on the stock market?
ME: Sir, Kotak life insurance is not listed but Kotak Mahindra Bank which has 74 % controlling stake in Kotak Life Insurance is listed.
MEMBER 2: You are an MBA? What is supply chain management?
ME: Sir SCM is basically the management of vendors on the raw material side & managing the buyers on the finished products side. An organization typically sources a lot of material from different vendors & supplies the finished goods to various buyers. Therefore it is linked to managing the vendors & the buyers smoothly.
MEMBER 2: How does the organization maintain optimum levels of inventory through supply chain management?
ME: Sir, an organization uses various SCM software’s to keep a real time track of inventory. Let’s take up the example of Shoppers Stop – Shopper Stop keeps a track of daily sales of various apparels including jeans. At the end of the day it will order Jeans which are low in stock though Levi’s (taking it as an example). Now Levi’s would then order fabric from fabric mill like Arvind Mills. Therefore, tracking the stock in real time helps in better inventory management.
MEMBER 2: Why did the Indian Stock markets fell?
ME: The Indian stock market fell because of demand crunch following the global financial crisis as well as the huge withdrawal of funds by FIIs. The crisis started with the Subprime housing market going bust. The FII’s had purchased securitized instruments from the banks for higher interest rates but when the default started happening the FIIs were forced to withdraw money from emerging stock markets to make up for their losses in US.
MEMBER 2: Which is better FDI or FII?
ME: Sir, FDI is better as it is not volatile like FII. FII is hot money which can move in or out of any country anytime. FDI is more stable.
The member intervened as asked but don’t you think we are committing a lot by allowing FDI in India? If FII is hot money it is good as there is no commitment by the Govt. side?
ME: Sir FDI has a lot of benefits as it generates a lot of employment & brings in new technology to the country. Also if see the historical trend since the liberalization of economy since 1990 (the member intervened & said 1991 to which I said Yes sir in 1991) we have seen a surplus on the forex reserve & a booming GDP growth along with increased employment.
MEMBER 2: But China has been growing faster than India?
ME: Sir China started the economic reforms way back in 1979 when Den Xiaoping led the country to market reforms. Therefore they have an edge as they started early. India might see double digit growth rate in the coming decade.
MEMBER 2: The member said the starting early was not the early reason as it has also got to do with Chinese policies also?
ME: Yes Sir, the Chinese government has laid a lot of emphasis on building up core infrastructure to boost economic production.
MEMBER 2: What is Greenfield Investment & Brownfield Investment?
ME: Sir “Greenfield Investment” is investing in a project from starting. It is like building from scratch. Brown Field Investment is adding to an existing project.
MEMBER 2: What is the difference between Merger & Acquisition?
ME: Sir, in case of merger two entities joins to form a third entity but in case of acquisition the new entity is the same as the acquiring company. Compensation might happen either wholly in cash or in cash plus stock deal.
MEMBER 3: You have defined Supply Chain Management for business? What is SCM in education?
ME: Sir SCM in education would mean that an institute should try to source better students, train them with the best possible inputs so that the product (which is the student) contributes to the society in the best possible manner.
MEMBER 3: SCM in education by which the Schools act as raw material sources for college & the college students act as raw material or inputs for Higher Institutes? What is the problem with higher education in India?
ME: Sir the problem with higher education in India is that we don’t have sufficient number of quality institutes offering higher education. Therefore to tackle this, the government has taken the decision to expand the number of IITs, IIMs, and NITs etc.
MEMBER 3: But for quality higher education we should also have quality students?
ME: Sir, we do have quality students for higher education. The problem basically stems from the large population of India. Because of the large base we have very high number of students who deserve quality higher education.
MEMBER 3: What is the enrollment rate at primary level in India?
ME: Sir I don’t know the exact figure.
MEMBER 3: What is the enrollment rate at the higher education level?
ME: Sir I don’t know but I have read that for every 100 females enrolled at the primary level only one reaches the post-graduation level.
MEMBER 3: What is the National Literacy rate?
ME: Sir it is 65 % overall 53.7 % for females & 75 % for males.
MEMBER 3: What is birth rate of India?
ME: Sir it is 26 births per 1000
MEMBER 3: Give %?
ME: Sir it is 2.6 %.
MEMBER 3: You have studied at a lot of places. Which place do you consider best for education?
ME: Sir, I did my schooling till 10th from my Tehsil (Raisinghnagar), XI & XII from my district & graduation from Delhi. I would consider Delhi as best because when I came to Delhi I could not speak English properly & whatever communications skill I have today I picked up during my graduation at Kirori Mal College. Moreover I stayed in hostel & got to learn a lot of things from my peers while staying at the residential facility.
MEMBER 3: Any problems apart from Communication that you faced in Delhi?
ME: Sir I had my own apprehensions at the initial stage but I was accepted well & did not face any problem.
MEMBER 3: What suggestions do you have to improve schooling in your tehsil?
Sir though my school was affiliated to CBSE & the medium of instruction was English but most of the teachers used to teach in Hindi. Therefore I would like the Education Standard to be improved. Moreover they emphasize only on getting into engineering or medical field as there is lack of awareness about other domains like MBA, Actuaries, and Aviation etc. Therefore the awareness part needs to be addressed.
MEMBER 3: I’ll give you the number. The number of people enrolling in higher education is 13 million. Now calculate the percentage. Calculate the percentage.
ME: I said it would be approximately 1.3 % (as population is 1027 million).
Then he said that it was low as the eligible population for higher education is 11 %.
MEMBER 4: What is Micro Finance?
ME: Madam Micro Finance is basically lending money to the low income section of the society at liberal interest rates to meet their needs. It is basically a step towards financial inclusion.
MEMBER 4: Have you heard of Mohd Yunus?
ME: Yes Madam, he is from Bangladesh & he started the Micro Finance movement there through Grameen Banks. For this he also won the Nobel Peace Prize.
MEMBER 4: What Micro – Insurance policy would you recommend for the poorest of the poor?
ME: Basically madam, I would recommend a term plan as it is designed for covering the risk only & the premium rate is the lowest. For e.g. if today you buy a term plan for Rs. 25 Lakh cover the premium would come close to Rs. 5000. Now if you want to ensure the poorest of the poor with a 2.5 Lakh cover the premium would come down to Rs. 500. If you take out the profit it would further come down to Rs. 400. Now this premium can be borne by the Central Govt. & State Govt. combined & the policy could be offered to the poor family.
MEMBER 4: Is there any existing scheme which is doing this?
ME: Yes madam, the Aaam Aadmi Bima Yojana is covering the poor family under this.
MEMBER 4: What is your view on initiative on Health Insurance?
ME: Madam, the govt .has launched “Rasthriya Swasthya Bima Yojana” under which it provides health insurance cover to the poor families. The problem which I see in it is the high claims ratio because of which the premium is high & the government cannot provide high cover. To facilitate further the government has also planned to issue identity cards to the poor families for cashless transaction at the hospitals.
MEMBER 5: You are from Sriganganagar which is a border district? What challenges to National Security do you see from border (not just Rajasthan but the entire Indian border)?
ME: Sir, there are various challenges to National Security because of the long international border of India. The border with Bangladesh is highly porous which leads to a lot of illegal Bangladeshi immigrants. Many illegal Bangladeshis have also been apprehended by the police in bomb blast cases. There is increase of terrorism originating from Pakistan & Bangladesh in India in the form of increasing bomb blasts as well as recent attacks like the one witnessed in Bombay.
The problem of counterfeit currency.
The problem of illicit drug trafficking.
MEMBER 5: What problem does counterfeit currency create?
ME: Sir, the presence of counterfeit currency creates a parallel black economy. The black economy does not contribute to the taxes of the government. Moreover counterfeit currency is also being used to finance terrorist activities in India.
MEMBER 5: What step has the government taken to curb this?
I started with Money Laundering Act but the member intervened and said “To tackle the overall security situation & not just the problem of counterfeit currency”. Then I said that the government of India is taking various steps like fencing the international border (esp Bangladesh border), it has legislated National Investigation Agency Act, Unlawful Activities Prevention Act.
MEMBER 5: Your hobby is “Internet Surfing” I presume as you have mentioned “Computers & Internet” in your form? Can you explain?
Sir, I’m a bit deeper into my hobby. I wanted to learn how to build a website & therefore started my own portal iasguru.com. Basically it is a knowledge sharing platform where I have posted my own notes for free sharing. I got inspired by Wikipedia for taking up this initiative. A couple of my friends have also joined me in this initiative & are helping me in digitizing & posting the notes. Apart from this I suggested the use of file sharing platforms like Rapidshare in my company for sending large files (greater than 10 MB as you cannot attach such big files on email) instead of burning CDs & sending it across to the branches. It leads to saving of cost as well as time.
MEMBER 5: I don’t see you having any professional degree in computers. How do you do all this? Sir I don’t have any professional degree. I have learned this totally out of my interest.
Do you use YouTube?
ME: Yes sir, I do use it.
MEMBER 5: It was in news recently….Any idea on that.
ME: Yes sir. You tube was in news a couple of days back (the member intervened & said…not a couple of days back…..it is as recent as yesterday…& might be in papers today)
I said I don’t know sir.
MEMBER 5: The member explained that China has banned YouTube because a video showing police atrocity on Tibetans was posted on it. What is the Tibetan problem?
ME: Sir, Tibetans are demanding greater Autonomy which is the Chinese government is unwilling to yield. Moreover the Chinese government has settled ethnic Chinese population in urban areas of Tibet which the Tibetans are resenting. The Chinese government is unwilling to relocate the ethnic Chinese population from Tibet
MEMBER 5: How do you see the Tibet issue vis-à-vis India?
ME: Sir the Tibet issue cropped up between India & China when in 1958 India gave political asylum to Dalai Lama & his followers in Dharmshala. Being a country which cherishes democratic values, India had to give political asylum. But China saw this move as meddling with the internal affairs of the country. The Chinese side went to the extent of thinking that it was a plan by the then Prime Minister Jawaharlal Lal Nehru to attack & seize Tibet with the local support. In spite of the Hindi-Chini Bhai Bhai slogan & the “Panchseel Principle” a war could not be avoided between India & China.
MEMBER 5: Now we have moved four decades since then? Has India recognized Tibet?
ME: Yes Sir India has recognized Tibet.
MEMBER 5: What was the “Quid Pro Quo” if you want to term it as one?
ME: Sir in return China recognized Sikkim as Indian Territory on its official map.