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SUMMER TRAINING PROJECT REPORT
ON
“OVERALL ANALYSIS OF VARIOUS MUTUALFUNDS,DEMAT ACCOUNT AND LIFE INSURANCE
POLICIES OF RELIANCE MONEY, MORADABAD”
SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR
THE MASTER’S DEGREE IN BUSINESS ADMINISTRATION
OF
UTTARAKHAND TECHNICAL UNIVERSITY, DEHRADUN
SUBMITTED TO:
INTERNAL GUIDE EXTERNAL GUIDE
Name: M Ne!"#"$a B"%a Name:M Pa&a' A(a)%a'
De"(*a$"+*: Le$-)e) De"(*a$"+*: Ce*$)e Ma*a(e)
IMS C+m.a*& Name: Re'"a*e M+*e&De/)a#-* L+a$"+*: M+)a#a!a#
SUBMITTED BY:
NAVEEN CHANDRA JOSHI
(MB08037)
INSTITUTE OF MANAGEMENT STUDIES0DEHRADUN
BATCH 122301242
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ACKNO5LEDGEMENT
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CERTIFICATE
I ,-$ %$ "#$,1/$ &n c$%&.&n' %,% M6 NAVEEN CHANDRA JOSHI &1 , 5n,.&4$ 1%/4$n% .
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COMPANY CERTIFICATE
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TABLE OF FIGURES
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INTRODUCTION
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ABOUT THE INDUSTRY
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PFC
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28
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S5OT ANALYSIS
S5OT ANALYSIS OF RELIANCE MONEY:0
STRENGTHS
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OPPORTUNITIES
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THREATS:
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31
Equity
Equity & Commodity Derivatives
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ABOUT THE PRODUCT
DEMAT ACCOUNT
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32
Mutual Funds
Offshore Investments
IPOs
Life & General Insurance
Money !ransfer
Credit Card
Gold
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#11$16
DOCUMENTATION REQUIRED TO OPEN A DEMAT ACCOUNT
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ANALYSIS OF DEMAT ACCOUNT OF RELIANCE MONEY
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FEATURES RELIANCE MONE OTHERS
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MUTUAL FUNDS
MUTUAL FUNDS
38
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MUTUAL FUND INDUSTRY PREVIE5
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FEATURES OF MUTUAL FUNDS
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MUTUAL FUND CYCLE
39
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GRO5TH IN ASSETS UNDER MANAGEMENT
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E FEATURESE FEATURES>
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P#&c6
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STRATEGIES
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STRATEGIES AT PERSONAL LEVEL
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STRATEGIES AT CORPORATE LEVEL
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6 On 1$##&n' S1%$!,%&c In-$1%!$n% P#,n . B&#, S/n #&.$ + c$%&.&c,%$ . ,""$c&,%&n /#4
5$ '&-$n 5 B&#, S/n #&.$6
MARKET SHARE OF VARIOUS PLAYERS OPERATING IN LIFE
INSURANCE INDUSTRY
S&nc$ %$ ,4-$n% . %$ "&-,%$ "#,$1 &n %$ !,$% %$ &n4/1% ,1 1$$n n$ ,n4
&nn-,%&-$ 1%$"1 %,$n 5 %$ "#,$1 &n %&1 1$c%6 T$ n$ "#,$1 ,-$ &!"-$4 %$ 1$-&c$
=/,#&% . %$ &n1/,nc$6 A1 , $1/#% LIC 4n %$ $,1 ,-$ 1$$n %$ 4$c#&n&n' ",1$ &n &%1 c,$$6
T$ #&.$ &n1/,nc$ &n4/1% ,1 $c4$4 , '% . :06: &n "$!&/! c##$c%&n . %$ "$&4
. A"&# 0 % F$5/, 07 -$ c$1"n4&n' "$&4 &n %$ "$-&/1 $,6 T$ !,$% 1,$ ,1
4&1%&5/%$4 ,!n' %$ "&-,%$ "#,$16
NAME OF THE
COMPAN
TOTAL PREMIUM
COLLECTED
UPTO F$5/,
007(In C$1)
MARET SHARE
(IN )
RANING
:6BAJAJ ALLIAN 76: 6:7 34
6ING VSA 3688 06038 :%
3 RELIANCE LIFE 06 :603 %
SBI LIFE :7::6 6 %
TATA AIG 6: 063 :0%
HDFC
STANDARD
:86: 60 %
7 ICICI
PRUDENTIAL
068 760 n4
8 BIRLA SUNLIFE :63 :6: 7%
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AVIVA 868 :6000 8%
:0 OTA
MAHINDRA OLDMUTUAL
36 0677 ::%
:: MAK
NE@OR
7:68 :6 %
: MET LIFE 3683 0603 :3%
:3 SAHARA LIFE 67 0603 :%
: SHRIRAM LIFE :63 06: :%
: BHARTI AKA 68 060077 :%
: LIC 3736 760 :S%
TOTAL ;373 :00 99999999
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Life Insuance in In!ia
Pvt Players
LIC
Pvt Players LIC
TOTAL MARET SIE> ;373 C)+)e
F! %$ ,5-$ "&$ c,% ,n4 %,5#$ $ c,n cnc#/4$ %,% 1%&## LIC &1 %$ !,$% #$,4$ &n
&n1/,nc$ &n4/1% ,1 &% ,1 , !,$% 1,$ . ,#!1% ;; &n #&.$ &n1/,nc$ &n4/1% c!",$4 %
"&-,%$ "#,$1 &c ,-$ n# 3 . %$ %%,# !,$% 1,$ (/" % M,c 007)+ LIC c/$n%#
,1 , "$!&/! c##$c%&n . ;7 C)+)e c!",$4 % 47 C)+)e . "&-,%$ "#,$1 5/%
%$ "&n% $$ &c &1 % 5$ n%$4 $$ &1 %,% -$ , "$&4 . %&!$ %$ !,$% 1,$ . LIC ,1
4$c#&n$4 ,n4 !,$% 1,$ . "&-,%$ "#,$1 ,-$ &nc$,1$4 &% c,n ./%$ 5$ c#$,$4 .! %$ %,5#$
'&-$n 5$#>
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F&n,nc&,# $, 00903 00390 0090 009007 (U"
% M,c)
LIC 8633 7:6 7
PRIVATE
PLAERS
8 :767 8638
GRO5TH TREND IN LIFE INSURANCE INDUSTRY
FINANCIAL
YEAR
122028IN R9 122028IN R9 122028IN R9
8UPTO
FEBRUARY1229
TOTAL FIRST
EAR PREMIUM
(&n L,1)
:836
L,1
38767
L,1
83067
L,1
F! %$ ,5-$ %,5#$ $ c,n 1$$ %,% %$$ &1 , %$!$n4/1 '% &n &n1/,nc$ 5/1&n$11
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7::678 #,1 &6$6 '% &n "$!&/! c##$c%$4 &1 067 &c 11 %,% &n1/,nc$ &n4/1%
&n In4&, ,1 'n %$!$n4/1# &n In4&, 5/% 1%&## %$$ #&$1 ""%/n&%&$1 ,n4 c,##$n'$1 &n
&n1/,nc$ 1$c% %$ ,$ ,1 .##1
OPPORTUNITIES:
47 T$ !,* ""%/n&% . &n1/,nc$ 5/1&n$11 &1 %,% 1%&## , #,'$ "%&n . ""/#,%&n &1
/n&n1/$4 ,n4 %1$ ,$ &n1/$4 ,$ /n4$ &n1/$4 1 %$$ &1 ,n ""%/n&% .
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&n1/,nc$ c!",n&$1 % &nc$,1$ %$$ $-$n/$1 5 &n1/&n' %$ /n%,""$4 "%&n . %$
""/#,%&n6
17 T$ 1,-&n'1 . "$"#$ c,n 5$ 4&-$%$4 .! 5,n&n' 1$c% % &n1/,nc$ 1$c% 5 ..$&n'
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5$%%$ "4/c%1 ,n4 1$-&c$1 %,n L6I6C6
CHALLENGES:
T/e 6"=e ma"* /a''e*(e 6ae# !& "*-)a*e "*#-$)& a)e a 6+''+%
47 L+% a%a)e*e 'e=e': #,'$ "%&n . %$ ""/#,%&n . In4&, &1 1%&## /n,,$ . %$
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% !,$ %$ c/1%!$1 ,,$ ,5/% &n1/,nc$ ,n4 ,% ,$ %$& !,* "4/c%16
17 P)+#-$ "**+=a$"+*: C!",n&$1 1%&## .## %$ 1,!$ #4 %,4&%&n,# "#,n1 &% &c
%$ &n1/,nc$ &n4/1% 1%,%$46 T$$ &1 , -$ #&%%#$ c,n'$ &n %$ "4/c%1 ..$$46
Cn1/!$1 %4, 1$$ "4/c% %,% ..$ .#$2&5#$ "%&n1+ "4/c%1 &% 5$n$.&%1
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/,# ,$,6
7 C-$+me) e)="e: T$ "$1$n% c!!/n&c,%&n ,n4 "!%&n1 ,5/% -,&/1
&n1/,nc$ "4/c%1 &n In4&, ,$ n# &n.!,%&-$6 S ,% n$$41 % 5$ 4n$ &1 % &n %$
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!$ .,&% &n '-$n!$n%
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,n4 1%&## 80 . %$ ""/#,%&n &1 n% &n1/$4 ,n4 %1$ ,$ &n1/$4 ,$ n% ./##
&n1/$46
ACHIEVEMENTS
On$ ,1 % '&-$ &1 :00 % ,c&$-$ 1!$%&n' %6 S%n' 4$%$!&n,%&n ,n4 5$#&$. &n
n$1$#. c,n !,$ ,n%&n' %,% &1 c,##$4 &!"11&5#$ "11&5#$6 A1 1%c !,$% ,1 1&n'
4,&# .#/c%/,%&n1+ &n 1/c , %/' 1c$n,& &% ,1 $,## %/' % 1$## 4$!,% ,cc/n%1 ,n4 SIP
&n !/%/,# ./n416 T$ cn%&n//1# 4$c$,1&n' &n4$2 . 1$n1$2 ,n4 n&.% !,4$ &% %/'$ . !$
% %,$ $-$n ,""&n%!$n%1 ,1 "$"#$ 4&4n’% $-$n ,n% % #&1%$n %$ n,!$ . 1,$ !,$% 5/%
&% ! 1%n' &## "$ I cn%&n/$4 !,&n' $..%1 ,n4 ,c&$-$4 ! %,'$%1 ,1 .##16
TARGETS GIVEN TARGETS ACHIEVED
MUTUAL FUNDS(S1%$!,%&c
In-$1%!$n% P#,n)
L&.$ In1/,nc$ P4/c%1
: MUTUAL FUNDS(S1%$!,%&c
In-$1%!$n% P#,n)
: L&.$ In1/,nc$ P4/c%1
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RESEARCH
METHODOLOGY
P)+!'em 6+)m-'a$"+*
In %&1 &n1/,nc$ 1c$n,&+ %$$ "$-, , /'$ c!"$%&%&n 5$%$$n %$ "&-,%$ "#,$1 ,n4 "/5#&c
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n% ,5#$ % !,$ , 5/1&n$11 &n %&1 c!"$%&%&-$ #46
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LIC6
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Reea)/ #e"(*
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"5#$! ,n4 c!"#$%&n' %$ 1%/46 D$1c&"%&-$ $1$,c ,1 5$$n 5$ /1$4 &n %&1 $1$,c 5$c,/1$
, #,'$ n/!5$ . $1"n4$n%1 ,$ % 5$ 1%/4&$4 5,1$4 /"n %$ -,&/1 .,c%16 T&1 D$1c&"%&-$
$1$,c &1 ,4"%$4 % n %,% ,% &1 ,""$n&n' &n %$ !,$% &% $1"$c% % "4/c%1+
c/1%!$1 ,n4 %$& ,%%&%/4$6
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=/$1%&n16
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% c1$ ! $1"n4$n% ,1 ,cc4&n' % ! cn-$n&$nc$6
Sam.'e S"e : 3 R$1"n4$n%1
Sam.'e A)ea : MORADABAD
DATA ANALYSIS AND INTERPRETATION
F"(-)e 48a9
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O/% . 3 $1"n4$n%1 &% 11 %,% :00 "$"#$ ,$ ,,$ . M/%/,# F/n41
F"(-)e 489
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1$-&c$1+ 30 "$"#$ 1,1 %,% L&.$ &n1/,nc$ c",%&n &1 '&-&n' 5$%%$ 1$-&c$1 ,n4 3
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Pei"! "f In$est%ent
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LEARNING AND EXPERIENCE
IN DAS %,&n&n' . S/!!$ In%$n1&" P',! &1 %/# , #$,n&n' ,n4 n#$4'$,5#$
$2"$&$nc$6 On$ .,c$1 !,n '4 ,n4 5,4 $2"$&$nc$1 &n 1/c , %,&n&n' "',! ,n4 #$,n1 , #%
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,"%&%/4$+ '/$1% #$c%/$1 .! -,&/1 &n4/1% $,41 ,n4 &n%$-&$ ,n4 '/" 4&1c/11&n16 S %&1
,1 , -$ '4 ",% . ! %,&n&n' ,1 %$ '/$1% #$c%/$1 1,$4 %$& c",%$ $2"$&$nc$ ,n4
4 %$ ,n4#$ "5#$!1 &n 4, % 4, #&.$6 N% n# ,1 %&1+ $-$ $$ %" "$.!$
,,4 ,1 '&-$n6 T&1 !%&-,%$4 !$ % &n , 5$%%$ , % ,c&$-$ %$ ,,416 T$ ,"%&%/4$
c#,11 $#"$4 &n &nc$,1&n' $,1n&n' ,n4 ,"%&%/4$ 1&##16 N% n# %&1 ,1 %$ 5$1% ",% %$
&n%$-&$ ,n4 '/" 4&1c/11&n 1$11&n1 4n$ 5 C,$$ L,/nc$ $$ I #$,n% &n%$-&$ 1&##1
,n4 =/$1%&n ,n4#&n' 1&##16
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FINDING AND ANALYSIS
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A6$e) ."$/"*( 422042 .e+.'e "* $/e ma)>e$ m& )eea)/ a*# 6"*#"*( a)e:
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In$est"(s Pefeence
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Mutual Funds
Insurance
PPF3Post office
schemes
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P"ti"n "f inc"%e in$est
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LIMITATIONS
N%&n' &n %&1 #4 &1 ,-,&#,5#$ . .$$6 T$$ ,$ ,#,1 1!$ %$ %$ cn1%,&n%1 &c
4n’% #$% n$ ,c&$-$ %$ ',#16 T$1$ cn1%,&n%1 n% n# 5$c!$ 51%,c#$ &n %$ , % 1/cc$11
5/% ,#1 4$c$,1$ %$ cn.&4$nc$ #$-$#6
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A1 $n ! 1/!!$ &n%$n1&" 1%,%$4+ I ,1 -$ $2c&%$4 ,5/% &%+ ,5/% %$ SIP C!",n+ !
%,'$%1 ,n4 ! &n' ,1 %&1 ,1 ! $n% % c",%$ #46
V+'a$"'e S/a)e Ma)>e$:
O/ SIP 1%,%$4 $n %$ !,$% ,1 -$ 4n &% &' -#,%&#&%+ 1 &% ,1 %$ 5&''$1%
c,##$n'$ . /1 % cn-&nc$ "$"#$ % $-$n %,# % /16 T$ 1,$ !,$% ,1 n% ,% ,## $1"n4&n'
,n4 1,!$ ,1 %$ 1c$n,& &% %$ "$"#$ &n %$ !,$%6
C+m.e$"$"+*:
T$ n$2% %&n' %,% &% ! &n' ,1 c!"$%&%&n &n %$ !,$%6 A/n4 3 c!"$%&%1 ,n4
1,!$ !,$%+ &% ,1 $,## %/' % cn-&nc$ %$ "$"#$ $$ #4&n' , 4$!,% ,cc/n%6 N
4/5% R$#&,nc$ Mn$’1 "4/c% ,1 %$ c$,"$1% &% !,n -,#/$ ,44&%&n1 5/% n %$ '/n41 .
1$-&c$1 "$"#$ $$ n% $,4 ,1 %$ $$ 1,%&1.&$4 &% %$& "$-&/1 c!",n ,n4 $$ n%
1/$ &. ! c!",n /#4 '&-$ %$! %$ 1,!$ 1$-&c$6
N+ +*=e&a*e /a)(e ("=e*:
I ,1 '&-$n n ,##,nc$1 . cn-$,nc$ ,n4 %$ $2"$n1$1 &c ,!"$$4 ! &n' %
1!$ $2%$n%6 I. I ,4 1!$ ,##,nc$ .! %$ c!",n+ I c/#4 &n 5$%%$ ,6
T"me C+*$)a"*$:
T&!$ cn1%,&n% ,1 n$ . %$ !,* cn1%,&n%1 ,1 I ,1 % "$.! */1% &n 8 $$16
E<"$"*( F)a*/"ee:
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A1 . .,nc&1$$ I ,#1 ,4 % '&-$ %$ '4 % #$,41 ,n4 %$$ $$ ,#$,4 : .,nc&1$$ &n
H,#4,n&6 S !1$-$ I %,'$%$4+ $./1$4 5 1,&n' %,% c!",n &1 ,#$,4 ,-&n'
.,nc&1$$1 ,n4 %&1 &## ,..$c% %$& c/1%!$1 ,1 %$ .,nc&1$$ &## % % "/1/$ %$!6
T)a"*ee Pe).e$"=e:
An%$ %&n' "$"#$ $$ $./1&n' !$ ,1 n %$ '/n4 %,% $ $$ */1% %,&n$$1 ,n4 /#4 '
,.%$ 3 DAS ,n4 %$n /#4 "-&4$ %$! 1$-&c$6 S %&1 ,1 ,#1 , 5&' c,##$n'$ . !$
% ,n4#$ &% 5 cn-&nc&n' %$! %,% I /#4 #&n %$! &% %$ c!",n’1 .,nc&1$$1 ,n4 5$ &n
cn%,c% &% %$! $-$n ,.%$ ! %,&n&n'6
Pe)+*a' C+mm""+*:
M1% . %$ c#&$n%1 $$ ,1&n' . c!!&11&n $ $$ '$%%&n' ,n4 %,% $ /#4 '&-$ %$!6 S
&% ,1 -$ ,4 % cn-&nc$ %$! %,% n$&%$ $ $$ '$%%&n' ,n%&n' n $ c,n '&-$ %$! ,n
$5,%$6
Ve)& Fe% PAN Ca)# H+'#e):
On$ . %$ 5&''$1% #&!&%,%&n1 ,1 %,% !,n "$"#$ $$ &n%$$1%$4 &n 5/&n' DMAT
,cc/n%1 5/% %$ 4&4 n% ,-$ PAN c,416 S .&1%# I ,4 % %$& PAN c,416
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• SIP &1 %/# %,/'% !$ % !,n,'$ %&n'1 &n ",c%&c,# ,6
• T$!1 #&$ c11 1$##&n'+ NAV $%c ,-$ c!$ % %$& $,# "&c%/$ &n 1/!!$ &n%$n1&" ,1
%$& %&!$ % %&!$ /1,'$ ,1 1n !$ %$& &!"%,nc$6
T&1 ,1 , -$ '4 ""%/n&% . !$ % n$ / 1&##1 ,n4 n#$4'$ ,5/% %$ ./n4,!$n%,#1
. F&n,nc$+ S,#$1 < M,$%&n' 1 %,% $n I 1%$" &n% %$ c",%$ #4 I &## 5$ ,5#$ % ,""#
%$1$ $2"$&$nc$1 % ,c&$-$ 5$%%$ $1/#%1 %$$5 ,44&n' -,#/$ % %$ ',n&,%&n6
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RECOMMENDATIONS
B,1$4 n %$ !,$% 1%/4+ n$ c#&$n%1 ,n4 $2&1%&n' c#&$n%1 .##&n' $c!!$n4,%&n1 c,n 5$
'&-$n . !$ 1,%&1.,c%&n . c/1%!$1 ,1 $## ,1 !$ 1,#$ . "4/c%6
Re+mme*#a$"+* )e'a$e# $+ a+-*$ +.e*"*(
T&!$ %,$n % ,cc/n% "$n&n' &1 % #n' &6$6 89: 4,1 &n c!",&1n &% %$ DP’1
"-&4&n' %$ ,cc/n% "$n&n' &n 98 4,1 ,n4 1!$%&!$1 $-$n &n 3 4,1+ 1 %$ %&!$ #&!&%
1/#4 5$ $4/c$4 1 %,% /1$1 ,$ &n%$$1%$4 &n "$n&n' %$ ,cc/n%6
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D+-me*$ )e?-")e# 6+) a+-*$ +.e*"*( a)e $++ -*"?-e a*# +*6-"*(
N/!5$1 . 1&'n,%/$1+ &c ,$ !,4$ 5 %$ c#&$n%1+ ,$ % !,n+ , /1$ ,1 % 1&'n
,5/% 37 1&'n,%/$1+ ,n4 n/!5$1 . 1&'n1 !/1% %$$.$ 5$ $4/c$46
C-$+me) a)e e)="e /+-'# !e m+)e 6+-
C/1%!$ 1$-&c$ 1/#4 5$ !$ .c/1 ,n4 ',n&,%&n 1/#4 %,$ c,$ %,% c/1%!$
TAT (%/n ,/n4 %&!$) &n , #$,1% "$&4 . %&!$6
C+m.a*"e /+-'# "m.)+=e $/e") )eea)/ a*# #e=e'+.me*$ #e.a)$me*$
C!",n 1/#4 .c/1 n $2%$n1&-$ $1$,c ,n4 4$-$#"!$n% % #,/nc !$ "$.$$4
,n4 ,cc$"%,5#$ .&n,nc&,# "4/c% &n %&1 -#,%&#$ !,$%6
BIBLIOGRAPHY
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6!n$cn%#6c!
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ANNEXURES
Q6:9 D&4 / 4 / .&n,nc&,# "#,nn&n'
o $1 ( )
o N ( )
Q69 @,% ,$ / &n-$1%&n' "$.$$nc$1
o B,n FD ( )
o M/%/,# F/n41 ( )
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o D&$c% $=/&% ( )
o PPF;P1% ..&c$ 1c$!$1 ( )
Q639 H !/c "%&n . &nc!$ / &n-$1%
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Q9 F ,% 5*$c%&-$ 4 / &n-$1%
o G% ( )
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o T,2 1,-&n' ( )
o F&n,nc&,# S$c/&% ( )
Q9 @ ,$ / "$.$$4 .&n,nc&,# ,4-&1
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