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XI-SADHNA

September2012 Issue

Sadhna is the real currency that you can use anywhere.SRI

SRI RAVISHANKAR.

Monthly Newsletter by class XI, AMARTYA and RAMAN Indus World School, Indore

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News Flash 





Teachers’ Day Celebration.PMI on 08/09/2012 An unprecedented event was witnessed by the mentors on this teachers day.Class XI was given the responsibility to organize the show. It was very well managed and hilarious day for all those who were present. There were songs, speech, poems and dance performed by students of classes VI to XI. The devotion and talent of students for their line of interest is marvelous. Students prepared beautiful cards and honored mentors with a rose bud. All the mentors were given chance to either participate in the game or present a song or to address students. We hope such celebrations will be undertaken in future to prove that we are “STRIVING FOR EXCELLENCE”

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This PMI of grade XI was mainly to discuss the performance of the child in the first periodicals. The day began with a workshop conducted by Shivku sir and followed by Jayashree’s address to the parents. This was a very interactive session where each parent was involved. The workshop began with a melodious prayer which made each one feel nostalgic.



We are also eager to share some pictures and activities for the parents. 

Prakhar and Sanidhya participated in the TCS quiz. Saloni and Eshita took part in debate competition. Entrepreneurship students are eagerly waiting for nature to support them for accomplishing their task of farming.

Chess tournament is to be organized at IWS Indore and we the students of class 11 are ready to shoulder the responsibility. A few students of entrepreneurship are undertaking the responsibility of supplying snacks to the guests during west zone chess competition.

September 2012

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CLASS 11 AMARTYA FEW BASIC TERMINOLOGY RTGS The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). 'Real Time' means the processing of instructions at the time they are received rather than at some later time. ‘Gross Settlement' means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India. NEFT NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches. In DNS, the settlement takes place with all transactions received till the particular cut-off time. These transactions are netted (payable and receivables) in NEFT whereas in RTGS the transactions are settled individually. For example, currently, NEFT operates in hourly batches - there are eleven settlements from 9 am to 7 pm on week days and five settlements from 9 am to 1 pm on Saturdays. Any transaction initiated after a designated settlement time would have to wait till the next designated settlement time Contrary to this, in the RTGS transactions are processed continuously throughout the RTGS business hours.ments are final and irrevocable.

CLASS XI RAMAN Delveloping scientific skills We have a batch of 13 students. Each having a different aspiration, different goals, different potential….. yet the same excitement for class eleventh. It was a new experience for each of us. New level of studies, new companions, new environment yet having the same enthusiasm. Many new things were introduced in our curriculum Like chemistry and physics practicals, new optional subjects like computer science, information practices, Economics etc. which have changed us totally to think in a new dimension…. Wasn’t this interesting? Imagination of children unleashed…. You can share your views on [email protected]