WELCOME TO ALL

EMPLOYABILTY SKILLS
TOPIC: PRODUCTIVITY

Contents
GDP
Comparison with developed countries
Personal finance management
KYC
Standard of living

BY: ANNAPURNA CS JTO

GOVT ITI (W) HOSUR ROAD B-29

Comparison with developed countries
Contd….
contd….
In 2005, the per capita income figure in Switzerland was nearly 76 times, in U.S.A.
about 61 times, in Germany about 48 times and in Japan about 54 times the per
capita income figure in India. Thus the standard of living of Indian people
remained all along very low in comparison to that of developed countries of the
world.
This disparity in the per capita income of India and other developed countries has
registered a manifold increase during the last four decades (1960-2005).
In most of the developed countries like U.S.A., U.K., Canada, Australia etc. the level
of illiteracy is even below 3 per cent

Excessive dependence of agriculture and primary producing:

High rate of population growth:
Existence of chronic unemployment and under-employment:
Poor rate of capital formation:
Inequality in the distribution of wealth:
Low level of technology:
Under-utilisation of natural resources:
Lack of infrastructure:
Low level of living:
Poor quality of human capital:
India in comparison is poor man's heaven

  
 What is real national income ?
Real Income Formula
Wages / (1 + Inflation Rate) = Real Income.
 Real income is the earnings of individuals or
the nation after adjusting to the extent of
inflation. It is computed by dividing the
nominal income by the price level.
 What Is Per Capita Income?

• Per capita income is a measure of the amount

of money earned per person in a nation or
geographic region. Per capita income can be
used to determine the average per-person
income for an area and to evaluate the
standard of living and quality of life of the
population. Per capita income for a nation is
calculated by dividing the country's national
income by its population.
 What Is Standard of Living?
Standard of living refers to the quantity and quality of material
goods and services available to a given population.

Understanding Standard of Living

Standard of living focuses on basic material factors such as

income, gross domestic product (GDP), life expectancy, and
economic opportunity. It is closely related to quality of life, which
can also explore factors such as economic and political stability,
political and religious freedom, environmental quality, climate, and
safety.
Currencies of different countries
Banking system
• A banking system is a group or network of
institutions that provide financial services for us.
These institutions are responsible for operating a
payment system, providing loans, taking deposits,
and helping with investments.
 ATM and handling of ATM
The term ATM stands for automated teller machine. It is an
electronic device that is used by only bank customers to
process account transactions. The users access their
accounts through a special type of plastic card that is
encoded with user information on a magnetic strip. The
strip contains an identification code that is transmitted to
the bank’s central computer by modem. The users insert the
card into ATMs to access the account and process their
account transactions
 CASH HANDLING

Handling cash in public view gives thieves a tempting target. Use safe cash handling
procedures to reduce risk.
• Safe Cash Register Procedures Include
• Open the cash drawer only while you are using it.
• Close the cash drawer before you package goods.
• Ignore distractions when handling cash.
• Lock the cash drawer and remove the key when not in use.
• Count and transfer cash out of sight.
• Leave cash drawers open and empty when leaving the premises
unattended overnight to deters break-ins.
To Reduce Risk When Transporting Cash To The Bank
• Take turns with other staff to take cash to the bank.
• Carry a mobile phone.
• Go to the bank at irregular times and use different routes.
 To Reduce Risk When Transporting Cash
To The Bank( continued…….)
• Don’t use public transport.
• If using your car, lock car doors and don’t leave the car on the way to the bank.
• If using a taxi, order it by phone.
• If walking, keep to busy streets.
• Don’t advertise that you are carrying cash (e.g. don’t use a marked bank bag).
• Don’t talk publicly about cash movements.
• Tell other staff members when you expect to return from the bank so an alarm can be
raised if necessary.
• Be aware of drivers or other people behaving suspiciously.
• Use bank security drop facilities.
• If using a night safe, don’t expose cash until the safe is opened.
• Change the locks if a safe or door key cannot be accounted for.
• Use a cash transit company, particularly when moving large sums of money; consider
joining other small businesses in your area to hire a cash transit company for regular
use.
• Reduce cash transactions by accepting cheque, credit cards and EFTPOS.
 What is Insurance?
Insurance is a legal agreement between two parties i.e. the insurance
company (insurer) and the individual (insured). In this, the insurance
company promises to make good the losses of the insured on
happening of the insured contingency. The contingency is the event
which causes a loss. It can be the death of the policyholder or
damage/destruction of the property. It’s called a contingency because
there’s an uncertainty regarding happening of the event. The insured
pays a premium in return for the promise made by the insurer.