What Science Can Do :: Science Scientific Papers

What Science Can Do I argue that 'we' the public of the United States of America, do not have an exaggerated view of what science can do. To support this claim I have compared and contrasted two articles: Enemies of Promise and The Hazards of Science. Both articles cover the topic of scientific research. Both authors are accredited scientists in their own right, and are excellent examples to cite for my thesis which I believe very strongly in. Although, I disagree with some of the conclusions made in the articles, I neverless hold both authors in very high regard. Professor of microbiology and Nobel Prize winner, J. Michael Bishop continually makes the statement in his article, Enemies of Promise, that the public has exaggerated and unrealistic expectations as to what science can do; Just as physician-author Lewis Thomas asks in his article, The Hazards of Science, "are there some things in science we should not be learning about?" (238). These men both have relevant opinions about science today. I can not say that they agree with each other because their articles are structured differently. Bishop makes arguments for science while stating it's limitations; and Thomas highlights some of sciences' achievements while questioning how far science should go. In discussing the topic of science, albeit from different frameworks, they touch upon some of the same topics. Bishop alleges that, "Science, is not the exclusive source of knowledge about human existence." (256). Then sites Thomas as saying that science is "the best way to learn how the world works." As Bishop cites Thomas to make his point, they both obviously agree with this statement. However, Thomas questions the lengths that science should go to while Bishop does not. Lewis Thomas asks the central question, "are there some kinds of information leading to some sorts of knowledge that human beings are really better off not having? Is there a limit to scientific inquiry not set by what is knowable but by what we ought to be knowing? Should we stop short of learning about some things, for fear of what we, or someone, will do with the knowledge?" (237). The author then answers his own questions: No, but he qualifies his answer by stating that it is an intuitive response that he is incapable of reasoning through. I too believe that we should not place limitations on science, while admitting that it is also an intuitive response.

The Sun Never Sets on the English Language Essay -- Language

English has evolved in the last hundred years from being a fragment of the old Latin world to being widely spoken around the new world. Despite living in America, we see international meetings where leaders of many countries all speak English to communicate with each other. Is it possible that English has become the lingua franca and will continue into the future to be the global language? There are many sources that indicate that future can only hold English as its selected language. In the future we will have a variety of â€Å"Englishes† that will dominate global communication, and this will occur because the dominance of English is believed to be ‘inevitable’, practical to foreign nations, and finally it appeals to a multicultural perspective for a cosmopolitan society. Everywhere you look around the world you can find the English language. In The Mother Tongue: English & How it got that Way, Bill Bryson explains, â€Å"In Yugoslavia they speak five languages. In not one of them does the word stop exist, yet every stop sign in the country says just that† (Bryson 179). Around the world we see examples of countries that don’t natively speak English but use English as a marketing scheme. Further Bryson mentions, â€Å"†¦On the bottom of the eraser is a further message: ‘We are ecologically minded. This package will self-destruct in Mother Earth’. It is a product that was made in Japan solely for Japanese consumers, yet there is not a word of Japanese on it† (Bryson 180). We can see the rise in world distributors producing ‘English’ products as the world looking for a common language; it’s seen as trendy, and obviously something that the people want. With the history of English starting at relat ively the same time as the romance languages, it’s ... ... at Essex Conference." Essex Chronicle [Chelmsford] 15 Mar. 2012, News sec.: 34. Proquest. Web. 20 Mar. 2012. http://search.proquest.com.accarcproxy.mnpals.net/docview/928036123/1359728E7DD36B71E65/5?accountid=48834 Liston, Enjoli. "Say Hello to a New Language." The Independent [London] 18 Jan. 2012: 40. Proquest. Web. 20 Mar. 2012. http://search.proquest.com.accarcproxy.mnpals.net/docview/916426138/13597240297686A7755/5?accountid=48834 Zhang, Xiaohong, and Margaret Zeegers. "Redefining The Role Of English As A Foreign Language In The Curriculum In The Global Context." Changing English: Studies In Culture & Education 17.2 (2010): 177-187. Academic Search Premier. Web. 20 Mar. 2012. http://web.ebscohost.com.accarcproxy.mnpals.net/ehost/detail?sid=9cea4021-16db-43c9-96b8-6c68973bc7ad%40sessionmgr14&vid=1&hid=18&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=aph&AN=51624034

Ethical Issue on Do Not Resuscitate/Do Not Intubate Essay

In cases of cardiac or respiratory arrest, doctors, nurses, and other healthcare professionals conduct resuscitation, which is a medical procedure meant to restore cardiac function in such cases (The Cleveland Clinic Department of Bioethics, 2005). DNR, or â€Å"do not resuscitate† is an order that prohibits resuscitation to individuals who gave the order (The Cleveland Clinic Department of Bioethics, 2005). DNR orders are often executed by patients, whether in a hospital or nursing home (NYS Department of Health). Wherever a patient may be, the DNR order prohibits medical practitioners from performing cardiopulmonary resuscitation or CPR to attempt to restore the heartbeat and breathing of a patient whose heart has stopped beating (NYS Department of Health). Similar to a DNR order is a DNI order, or a â€Å"do not intubate† order. This is a separate order because essentially, resuscitation is different from intubation (WebMD, Inc. , 2007). Intubation involves the insertion of a tube through the nose or mouth to into the trachea so that the patient can breathe (WebMD, Inc. 2007). Intubation could prevent respiratory arrest or heart attack (Caring Connections & National Alliance for Hispanic Health). A person’s need for either intubation or resuscitation may differ depending on the circumstances, and it is possible that a person gets difficulty breathing even though his heart functions well (WebMD, Inc. , 2007). Thus, a DNR order does not always include a DNI order, and vice versa. All adults can execute or ask for a DNR order (NYS Department of Health). In certain instances, family members, friends, or representatives may also execute the DNR in behalf of the patient (NYS Department of Health). The main consideration for having a DNR ready is the fear or possibility of the failure of CPR or intubation (NYS Department of Health). The success or failure of CPR or intubation depends on many factors, including the general state of health and age of the patient (NYS Department of Health). Less healthy and ageing patients may have other conditions and frailties that could hinder the success of CPR or intubation (NYS Department of Health). Cardiac arrest can sometimes signal the shutting down process of the body, and CPR or intubation could only serve to interrupt such natural process (Caring Connections & National Alliance for Hispanic Health). Therefore, a failed resuscitation or intubation could lead to worse cases, such as brain damage (NYS Department of Health), dependency on a ventilator, or broken bones from the compression of the chest (Caring Connections & National Alliance for Hispanic Health). Thus, patients, particularly the older ones, prefer to die in relative peace rather than undergo aggressive resuscitation or intubation procedures. DNR/DNI orders are widely accepted as ethical practice (NYS Department of Health). Thus, healthcare professionals are mandated to respect such orders and refrain from giving treatment even though they feel CPR or intubation could still save the patient’s life. Thus, healthcare professionals, nurses, and doctors are left with few options when they face the dilemma between honoring a DNR/DNI order or his medical instinct (NYS Department of Health). First, he must follow the DNR/DNI order. Second, if he cannot follow the order, he must transfer the patient’s care to another doctor who would do so. Lastly, he could try to settle the dispute the soonest possible time (NYS Department of Health). There are many ethical issues relating to the execution of DNR/DNI orders. Working in acute health care setting as a nurse, this issue is an ever-present one that needs resolution. Ethical issues on this aspect revolve around the question of the right or authority to decide whether to discontinue life or prolong it. The justifications for the favorable ethical standing of DNR/DNI orders lie in the medical possibilities that are present in the given circumstances. Given the above-discussed considerations relating to health and old age, there are medical cases where CPR or intubation becomes an unwise option. The possibility of a fate worse than death, such as permanent brain damage, may not be worth pursuing, and the case might just be nature’s way of ending a person’s life (NYS Department of Health). Another justification for DNR/DNI orders from the ethical standpoint is freedom of choice. Pursuant to Kantian philosophy that gives premium on human reason and free will, the ultimate choice and control over a person’s life lies in himself alone, except in certain cases where he is no longer equipped with the necessary faculties to make such decisions on his own. Nursing care is directly involved with the ethical issues on this respect because they are the ones who are often faced with the dilemma between honoring a patient’s DNR/DNI order or following the medically justified path. Given the existing laws and rules on the matter, nurses can do nothing but follow protocol, and respect such orders when present. Ultimately, the law and the rules do not place the decision in their hands, but on the patient’s.

Open-Book paper Essay

Alpha and beta decay are two types of naturally occurring radioactive decay. In alpha decay, an unstable nucleus emits an alpha particle (? ), a particle made up of two protons and two neutrons. For example:1 2 In beta decay, a neutron in the nucleus is converted into a proton and a beta particle (i ), an electron. Specifically, as protons and neutrons are both made of quarks, i -decay converts an up quark into a down quark; releasing a i -particle and an antineutrino (an antineutrino has no charge or mass, so does not affect the chemistry of i -decay). This occurs by the weak nuclear force. 3 For example:4 This table shows some of the differences between ? -decay and i -decay emissions:5 ?-decay i -decay Particle emitted helium nucleus electron Relative charge +2 -1 Relative mass 4 0. 00055 Range in air < 10cm < 10m Stopped by Paper Aluminium foil Deflection by electrical field Low High The fundamental difference between radioactive decay and nuclear fission is that, whereas radioactive decay is spontaneous, nuclear fission must be induced. In nuclear fission, when an unstable nucleus absorbs a neutron, it splits, emitting more neutrons and setting off a continuous chain reaction. This leads to products with nuclear masses around half those of the initial nuclei, whereas in radioactive decay, the initial and final nuclear masses are relatively close together. The other major difference is that fission releases considerably more energy than decay. This energy comes from mass lost in fission, according to the equation E = mc2, where E is energy, m is mass and c is the speed of light. Synthesis of Elements in Stars Stars produce their energy from nuclear fusion, in which nuclei join together to make larger nuclei. Hydrogen is used in normal-sized stars:(e+ represents a positively charged electron, and ? e is a neutrino). This process requires temperatures of around 13 million K and pressures of around 300 billion atmospheres. 6 When almost all of the hydrogen has fused, the helium nuclei can collide to make nuclei such as beryllium:7 This leads to the creation of further nuclei containing four nucleons: carbon, oxygen, neon and magnesium. Once all the helium has fused, further collisions take place between the created nuclei. This leads to the production of small amounts of hydrogen and helium, producing most of the first 18 elements, such as lithium:8. Lithium can also be produced by the collision of a Beryllium-7 nucleus and an electron. The nuclear process that takes place here is electron capture, in which an atom captures an electron, turning a proton into a neutron and releasing a neutrino. This happens by the weak interaction, like i -decay:9 Smaller amounts of lithium can also be produced in the fission of some nuclei by cosmic rays and in supernovae, when heavy stars become unstable and explode. 10 Producing Energy through Nuclear Fission and Fusion. In nuclear fission, an unstable nucleus absorbs a neutron, exciting the nucleus, causing it to oscillate and split into two smaller nuclei. This process releases more neutrons, causing more nuclei to split, and so on. This is shown in Fig. 211 with Uranium-235. The energy produced by nuclear fission, by E = mc2, is 3. 2Ãâ€"10-11 J per fission. 12 Uranium-235 is used to produce energy by fission – see Fig. 313. Controlling this reaction:   Uranium-238 is mixed with uranium-235. Uranium-238 nuclei absorb neutrons but do not react by fission, breaking the chain in the reaction. Graphite moderators placed in between the uranium rods reduce the kinetic energy of the neutrons produced so they can induce fission.   Boron-coated steel control rods absorb neutrons, and can be moved in and out of the reactor. If they are fully in, the reaction stops. Nuclear fusion takes place when, under certain conditions, two nuclei fuse together. For example, with deuterium and tritium:14 The energy produced comes from the mass lost – 3. 17Ãâ€"10-29 kg 15 16. By E = mc2, this gives out 2. 86Ãâ€"10-12 J per fusion. On earth, for this to happen the nuclei must be in ionised plasma at temperatures of 15Ãâ€"108 i C. The problem with this is that it must be kept away from the walls of the container to minimise heat loss. To do this, a tokamak is used. This uses magnetic currents to keep the plasma from touching the walls (see Fig. 417). The walls are made of graphite, which is not harmed by the temperature. Both fission and fusion have several advantages and disadvantages for use in producing electricity: Advantages Disadvantages Fission Uranium-235 produces 3. 7 million times the energy per unit mass as coal18   Uranium-235 will not run out on the same timescale as fossil fuels19. It produces no gases that directly cause global warming   Fission produces waste radioactive actinides, which are dangerous for thousands of years   Fission has led to disasters such as Chernobyl in 1986, which caused over 4000 deaths20 Fusion The fuel – hydrogen – is abundant   The radioactive waste products have half-lives hundreds of years less than those of fission   Fusion is safer than fission, as only small amounts of products are used   It produces no gases that directly cause global warming   The conditions required for fission are hard to produce. The process used to produce energy by fusion is not yet perfect – see below Challenges Facing the Development of Fusion Power Stations The major problem with fusion is generating and containing the conditions required for the reaction. As detailed above, a tokamak is used, this has some problems. The plasma still touches the bottom of the chamber, and where it does this; hydrogen reacts with the walls forming hydrocarbon radicals. These can form a film, which flakes away into the plasma, affecting performance21. Possible solutions include removing the film with lasers22 or using tungsten walls, which would not erode23. A probable source of a solution is the International Tokamak Experimental Researcher, currently being built in France. It will be used as a prototype to test the reaction on the necessary levels required. Fusion should be available to produce commercial power by 2040. References Used throughout the report:   Chemistry Review: Lise Meitner: Radiochemist, physicist and co-discoverer of nuclear fission, Gordon Woods, Volume 16 Number 1, September 2006 (Article 1); Fusion, Powering the future? , Chris Warrick, Volume 16 Number 1, September 2006; and Lithium, Chris Ennis, Volume 15 Number 31, February 2006 (Article 2). Salters Advanced Chemistry Chemical Ideas, George Burton et al, Heinemann Educational Publishers, Halley Court, Jordan Hill, Oxford, OX2 8EJ, ISBN 0-435-63129-9, first edition 1994, second edition 2000 1 Equation copied from page 3, Lise Meitner: Radiochemist, physicist and co-discoverer of nuclear fission; see above 2 Fig. 1 copied manually from Page 487, The exchange nature of forces, Advanced Physics, Tom Duncan, John Murray (Publishers) Ltd, 50 Albemarle Street, London, W1S 4BD, first edition 1972, ISBN 0-7195-7669-5, fifth edition 2000, reprinted 2002 3http://www. chemie. de/lexikon/e/Beta_decay, Beta Decay, (c) 1997-2008 Chemie.de Information Service 4 Equation copied from page 3, Lise Meitner. Radiochemist, physicist and co-discoverer of nuclear fission; see above 5 Table adapted from Page 20, Nuclear Reactions, Salters Advanced Chemistry Chemical Ideas; see above 6Where did the chemical elements come from? , Page 131, The Universe: A Biography, John Gribbin; published by Penguin Books Ltd, 80 Strand, London, WC2R ORL, ISBN 978-0-1410-2147-8, 2006 7Equation copied from Box 1: Nucleogenesis. Page 21, Lithium, Chris Ennis; see above 8Equation copied from Box 1: Nucleogenesis, Page 21, Lithium, Chris Ennis; see above.9 http://www. britannica. com/nobelprize/article-48278, electron capture with a Beryllium-7 nucleus, from the Encyclopaedia Britannica’s Guide to the Nobel Prizes, (c) 2008 Encyclopaedia Britannica, Inc. 10. Where do the chemical elements come from? , Page 10, Salters Advanced Chemistry Chemical Storylines, George Burton et al, Heinemann Educational Publishers, Halley Court, Jordan Hill, Oxford, OX2 8EJ, ISBN 0-435-63119-5 first edition 1994, second edition 2000 11 Fig. 2 taken from http://www. astro. bas. bg/~petrov/herter00. html, lecture notes for astronomy. Bulgarian Institute of Astronomy http://www.astro. bas. bg/ 12 http://www. lancs. ac. uk/ug/bloomer/nuclearpower/theory. htm, Nuclear Fission and Nuclear Fusion, from the University of Lancaster, www. lancs. ac. uk 13 Fig. 3 copied manually from Box 2, Article 1 (see above); adapted from Chemistry Today, (c) E. Henderson, Macmillan Publishers Ltd, 1977. 14 Equation copied from Box 2, Fusion, powering the future? , Chris Warrick; see above 15 Mass of reactants and products given in proton masses in Box 2, Fusion, powering the future? Chris Warrick; see above 16 Proton masses converted to kilograms using the mass of one proton as 1.67Ãâ€"10-27 kg, from Data Sheet, Page 3, AQA GCE AS Physics A Unit 1, January 2007 17 Fig. 4 taken from http://www. jet. efda. org/pages/fusion-basics/fusion3. html, Fusion Basics, (c) EFDA-JET 18 http://www. virtualnucleartourist. com/basics/reasons1. htm, a website â€Å"intended to provide you basic information about the different types of plants and their principle of operation†, (c) 2006. The Virtual Nuclear Tourist 19 http://www. abc. net. au/rn/scienceshow/stories/2007/2080110. htm, an interview with Professor Martin Sevior from the University of Melbourne by the Australian Broadcasting. Corporation20 http://www. who. nt/ionizing_radiation/chernobyl/who_chernobyl_report_2006. pdf, the World Health Organisation’s report on Chernobyl 21 Chemistry Review: Fusion, powering the future? , Chris Warrick; see above 22 http://www. lasers. org. uk/paperstore/Cleaning14. pdf, Dust Removal from Next Generation Tokamaks by Laser and Flashlamp Cleaning, K. G. Watkins et al, Lasers and Laser Engineering, University of Liverpool, 2001 23 http://www. jet. efda. org/documents/articles/samm. pdf, Controlled thermonuclear fusion enters with ITER into a new era, Page 12; Ulrich Samm, EFDA-JET, 2003.

The Advance of Technology and Pollution

Here is a quote that I believe tells the entire story of mankind†s existence: â€Å"Man's long adventure with knowledge has, to a very marked degree, been a climb up the heat ladder†¦. Today the flames grow hotter in the furnaces†¦. The creature that crept furred through the glitter of blue glacial nights lives surrounded by the hiss of steam, the roar of engines, and the bubbling of vats†¦. And he is himself a flame — a great, roaring, wasteful furnace devouring irreplaceable substances of the earth.† –Loren Eiseley, anthropologist and essayist (1907-1977), Man the Firemaker As this quote from Loren Eisely suggests the relationship between the advancement of technology and the increase in pollution has gone hand in hand throughout the ages of mankind. Humans are very much responsible for their actions and have and will continue to feel the impact of the carelessness that they have shown toward mother earth. Studies of temperature records preserved deep in the underground rocks show that the Earth has been gradually warming over at least the last 500 years. These studies, done by scientists in the US and Canada, show that the trend of the increase in climate has increased on an increasing pace during the 20th century, which was the warmest of the past five centuries. Since 1500, the Earth†s temperature has increased by about one degree Celsius, with eighty percent of that increase during the last century. In the northern hemisphere, the five-century long change has been 1.1 degrees, with 0.6 occurring since 1900. There have been numerous extreme changes in the climate throughout the world that have had astonishing effects on the people, wildlife, and environment. Many of these events have led to people having to vastly change their lifestyle or have to move out the area due to the fact that living conditions are unsafe. In the summer of 1998, Dallas, Texas recorded a deadly heat wave. Heat claimed more than 100 lives in the region, as temperatures were over 100 degrees Fahrenheit for 15 straight days. Waimea Bay, Hawaii is has also seen its share of misfortune. Along with costal development, sea levels have risen contributing to considerable beach loss over the past 90 years. In October of 1998, Hurricane Mitch dumped between three and six feet of rain within 48 hours over most of Central America. Mitch killed more than 10,000 people in mudslides and floods, triggered a cholera epidemic, and virtually wiped out the economies of Honduras and Nicaragua. Several days after the horrendous hurricane in Central America, a large meeting in Buenos Aires met at the fourth Conference of the Parties to the United Nations Framework Convention on Climate Change. Many at the conference pointed to Hurricane Mitch as an example of the catastrophes that will await our world if we do not act immediately to reduce the emissions of carbon dioxide and other so called greenhouse gasses. Various experts blame many different sources of technological change and events for this vast change in temperature throughout the world. The fact is, not just one major event or area is the sole cause of this. Fossil fuels, which release carbon dioxide when burned, are used to generate electricity, heat and light homes and workplaces, power factories and run cars. Experts suggest that unless we reduce population growth and use of fossil fuels, the level of carbon dioxide in the atmosphere will double by sometime in the middle of the next century. Starting in the mid-1700s, human activities began to alter the composition of the atmosphere. Vast supplies of charcoal, and later coal and oil, fed the growing fires of the Industrial Revolution. The carbon stored in these fuels was released to the air as carbon dioxide, which is a gas that traps heat in the atmosphere. Today, for every one of the more than 5.8 billion people on Earth, nearly six tons of carbon dioxide are spewed into the air annually. As a result of our activities, the atmospheric concentration of this heat-trapping gas has risen by more than 30 percent in the last 250 years. The future of Earth's climate will depend partly on the buildup of heat-trapping gases, primarily carbon dioxide, in the atmosphere. One of the major problems of global warming is that it exists as an environmental issue only because of science. People can†t directly sense global warming, the way they can see a clear-cut forest or inhale the urban smog in their lungs. This is an enormous issue to overcome if anything is going to be done. New information is now being presented to the public†s eye everyday, giving them new and more accurate facts on such issues. People are starting to become aware of the consequences of their actions. However, even though the facts are present, very little is being done. Only in the most affected areas are people trying to fix the problem. It seems like no one really cares about it, until it happens to them. To me this seems like it could be the largest feat for us as humans to overcome in the prevention of man-made global warming. What sort of astronomical disaster must happen to get us to pay attention to what we are doing in our lives? Is it going to take a major flood across the US that destroys numerous states? What about miles of coastline to be taken by rising sea levels? These are the issues that scare me the most. I truly believe that something must be done, and it must be done now. Another large area of pollution due to technological advancement is water pollution. This pollution takes place by three different types of activities: agricultural, municipal, and industrial. The worst part of this pollution is the fact the actual pollution is a form called non-point source pollution. This is where the source of the actual pollution may be hard to identify and it possibly doesn†t even affect the areas around the point, but possibly downstream or scattered over a wide area. Due to this it makes the pollution extremely hard to regulate. The advancement in agricultural activities of the US and other developed countries, such as new and stronger types insecticides, herbicides, pesticides, along with the large-scale cattle and hog lots provide large amounts run-off. This run-off contains a high content of fertilizers, animal wastes, and silt which go in to the surface waters. This results in an increase in the nutrients in the water called eutrophication. Eutrophication causes rapid growth in algae and bacteria in the water. This is tragic to the fish and other things because the algae use up all of the oxygen in the water and the fish suffocate. The run-off of the silt causes water to become very unattractive for recreation and also covers up fish spawning sites. Many theories and ideas have been developed in an effort to help control the major productive source of these agricultural activities. The success or failure of any agricultural non-point source pollution control project depends on the participation of the many landowners and farm operators. These producers must install or utilize land-based treatments, or best management practices (BMPs), that minimize the movement of agricultural pollutants such as sediments, nutrients, and pesticides to water resources. One of such is organic farming. Organic farming avoids the use of pesticides and fertilizers. Another is to avoid large concentrations of animals, which can reduce nutrient pollution, and their waste can be used as fertilizer for crops. Also, other certain cropping methods can reduce the erosion of sediment from the land. As our municipal wants and needs advance, more, and more municipal pollution occurs. The salt from snow removal activities increases the cost of purification. As we consume more, we also throw more away, as the increase in landfills needed throughout the country has been rapidly increasing. These landfills allow large amounts of chemicals to enter into the ground water, which in turn also increases the cost of purification. Inadequate sewer water treatment facilities lead to the possible outbreak of enteric diseases. The last source of water pollution is that of the industrial activities. As the times change, so do that of the modern industry. Companies are always trying to find ways to decrease their costs, in turn to increase their profit margins. Many times these costs are converted into the pollution of water. Industrial pollution of water comes in many different shapes and forms. The chemicals that industries use get into the water supply by various means. These chemicals increase the existence of numerous diseases and the cost of the purification of the water for drinking. One of the sources of water pollution one rarely thinks of, as pollution, is one called thermal pollution. Thermal pollution is from the warm water discharges that an industry emits into various bodies of water. This kills coldwater fish and also increases the costs of water treatment. Overall, there is much to be done in this world in an effort to help control the increased pollution by technological advancement. In my opinion, I believe that the answers to the prevention in pollution are ironically a part of our technological advancement. As we learn of what types of things are really making a significant impact on the environment, we will be able to develop steps to counter the effects of the harmful pollutants that we are causing.

Mobilization of Deposits

Topic: â€Å"Mobilization of deposits in banking system of Pakistan† Submitted to: Ma’am Bushra Submitted by: Muhammad Mumtaz (09-arid-929) Tayyab Sultan (08-arid-387) Muhammad Sohail Zafar (09-arid-934) Farhan Ahmed (08-arid-402) ACKNOWLEDGEMENT Thanks to Almighty ALLAH who had made us able to complete this project with the true knowledge. Special thanks are due to our respected teacher Ma’am Bushra Zulfiqar who have shown us the right way to go for our project to success and enlightened our mind with the tips and guidance to think creatively.We are thankful to our friends, who help us a lot during this course of project. Table of content: 1) Deposit——————————————————————————-4 2) Current Accounts——————————— ———————————-4 3) HBL Freedom Account————————————————————4 4) HBL Business ValueAccount—————————————————-4 5) Term Accounts———————————————————————-5 6) HBL Advantage Account———————————————————-5 7) Investment Plus Deposit————————— —————————â €”–5 8) Savings Accounts————————————————– —————–5 9) PLS – Savings Account————————————————————-6 10) Remittance Munafa Plus Savings Account—————————————6 11) Foreign Currency Accounts———————————————————7 12) Mobilization of deposits————————————————————-8 13) HBL Car Loan—————â⠂¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€ ——————8 14) HBL Car To Car———————————————————————–9 15) HBL Credit Card———————————————————————10 16) HBL Home Loan———————————————————————11 17) HBL INVESTMENT BANKING———————————– ————–13 18) HBL Zarai Banking————â₠¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€14 19) MCB Islamic banking——————————————————- ——–17 20) Al-Makhraj Saving Account————————————————— —–17 21) IANAT Account———————————————————————–18 22) Al Makhraj Term Deposit————————————————————20 23) Ijarah———————†”————————————————————20 24) Murabahah——————————————————————– ———-21 25) Diminishing Musharika Equipment————————————————-21 Abstract: Banks generally adopt following strategies to mobilize their Deposits in two categories 1-  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Demand Deposits which are payable to the owner on demand i. e Savings Accounts Current Account etc. 2-  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Time Deposits.These are Fixed Deposit for various tenors ranging from month to 10 years and are payable at maturity. * Banks accept Deposits from institutions like Government institution s, public ltd and Private limited companies and Trusts etc. * Banks accept Deposits from general public by launching various Deposit schemes catering the needs of every segment of society and offer attractive Profit rates on these schemes. * For example HBL offers HBL Money club Account to kids up to the age of 18 and offer ATM Card (with restricted Limit) and attractive Profit Rates up to 7. 55% to attract the youngsters who will subsequently prefer to maintain their Account with HBL till life time. For Businessmen who frequently transfer money to and from their Accounts to make their business payments HBL offers Freedom Account in which they can make Drafts of unlimited Number and amount and free online funds transfer by maintaining minimum daily balance of Rs. 25,000. 00/- only. This strategy attracts huge numbers of businessmen to HBL which has competitive advantage of largest Network of branches in every city of Pakistan with online facility. * For customers mostly businessmen who want profit on daily basis HBL Offers HBL Daily Progressive Account on which profit is calculated on daily basis and credited into customers Accounts at month end. * Similarly to encourage the remittances by expatriates through banking channels HBL offers RMPA Remittance Plus Munafa Accounts. * HBL mobilizes its deposits in the form of investments in projects and give loan to corporations as well as to the consumer.HABIB BANK LIMITED: DEPOSITS: There are different types of deposits account. Current Accounts: Make unlimited transactions while maintaining a low minimum balance every month. Current Account of HBL: * Minimum balance of Rs. 5,000 * Unlimited transactions * Non-profit bearing * HBL Debit Card and Inter Branch Transaction System (IBTS) facilities * Funds transfer to any bank through HBL Phone Banking Basic Banking Account (BBA): * Can be opened with only Rs. 1,000 * No minimum balance requirement * Up to 2 withdrawal and 2 deposit transactions free every month * Unlimi ted withdrawals through HBL Debit Card * Non-profit bearing HBL Freedom Account:Use your money as you please with HBL Freedom Account. Rest free from worries and expand your business with unmatched accessibility. HBL Business Value Account: * No minimum balance requirement * HBL Debit Card and Inter Branch Transaction System (IBTS) facilities * Unique transactional account for Businessmen * Up to 10 Bankers Cheques free (at minimum balance of Rs. 500,000) * Profit calculated daily, paid every quarter * Up to 5. 35% profit per annum * Funds transfer to any bank through HBL Phone Banking. * Nominal monthly maintenance charge of Rs. 50 Term Accounts: Invest your savings in our term deposits for a fixed duration and earn profit while keeping your savings secure.HBL Advantage Account: | | |   | | | | | | | | | Term| Profit per annum| 1 Year | | 12. 00%| | 3 Year | | 14. 00%| | 5 Year | | 15. 00%| | 10 Year | | 18. 00%| | | | |   | †¢ | Multiple options for tenure and profit payo ut. | †¢| Loan facility up to 90% of investment. | †¢| Minimum investment of Rs. 25,000. | †¢| Withdrawal at end of fixed term. | Investment Plus Deposit: * Profit paid at maturity * Minimum investment of Rs. 20 million| * Multiple options for tenure and profit payout| * Withdrawal at end of fixed term * Account for Institutions| Savings Accounts: Avail the flexibility of making transactions while earning profit on daily/monthly basis.HBL Value Account: * 7. 19% profit per annum| * Profit calculated monthly, paid every quarter| * Deposit ranges from Rs. 10,000 to Rs. 1,000,000| * Two withdrawals free every month| PLS – Savings Account: * 5. 06% profit per annum| * Profit paid bi-annually| * HBL Debit Card and Inter Branch Transaction System (IBTS) facilities| * Funds transfer to any bank through HBL Phone Banking| * Minimum balance of Rs. 20,000| * Unlimited transactions| Remittance Munafa plus Savings Account: * Special account for receiving foreign remittance s| * 5. 12% profit per annum| * Profit paid every month| * Minimum balance of Rs. 20,000| Daily Munafa Account: Profit calculated daily, paid every month| * Up to 8. 84% profit per annum| * HBL Debit Card and Inter Branch Transaction System (IBTS) facilities| * Funds transfer to any bank through HBL Phone Banking| * Minimum balance of Rs. 20,000| Daily Progressive Account: * Unique transactional account for Institutions| * Profit calculated daily, paid every month| * Up to 11. 57% profit per annum| * Inter Branch Transaction System (IBTS) facility| * Funds transfer to any bank through HBL Phone Banking| * Minimum balance of Rs. 20,000| Foreign Currency Accounts: HBL offers Foreign Currency Accounts in multiple currencies as savings and term accounts. FC-SB: Savings Account offered in 3 currencies, USD (US dollar), EUR (Euros) and GBP (UK pound)| * Tiered product, with rates depending on choice of currency| * To earn profit, minimum balance should be 1000 USD, EUR or GBP| * Interest is payable on a quarterly basis| HYFFD (High Yield Foreign Currency Fixed Deposit): * Available in 1 month, 2 month, 3 month, 6 month and 12 Month in USD, EUR | * Tiered product, with rates depending on choice of currency and term| * Profit paid on maturity only. | Mobilization of deposits: HBL CAR LOAN: HBL CarLoan helps you get your preferred car through a simple and hassle-free process, backed by superior service and support. Now you can drive a car you always wanted. Features: * Choice of used, new local/imported and reconditioned imported car. * Repayment options ranging upto 7 years. | * Up to 85% of financing for the car of your choice. | * Insurance at all times for complete peace of mind and security. | * Round the clock support available through HBL Phone Banking you can place your requests and queries, track the status of your repayment/loan account and avail other value-added services through HBL Phone Banking. | Eligibility criteria: | Salaried Individuals | Self-Employ ed Business persons/ Professionals | Citizenship| Pakistani| Pakistani| Age| 22-60 years | 22-65 years | Minimum monthly income| Rs. 20,000 | Rs. 25,000 | Documentation: Salaried Individuals | †¢ | Copy of CNIC | | 2 recent passport size photographs| †¢| Latest original salary slip and personal bank statement for last 3 months| | Self-Employed Business persons/Professionals| †¢ | Copy of CNIC | †¢| 2 recent passport size photographs| †¢| Bank statement for last 6 months and bank letter confirming details of account| †¢| Proof of business| | HBL Car To Car:| HBL Car To Car is a revolutionary car financing offer. It makes the car of your choice affordable and practical with a buy back guarantee. HBL CarToCar offers matchless features and unique options at the end of the lease. Now you can drive a new car at the end of every two years. Features: Affordability:With HBL Car To Car, you only have to pay the difference between the car price and the pre-agreed residual value to the bank. As a result, the monthly installment may even be 40% to 50% less than that of conventional financing Upgrade of lifestyle: HBL gives you the guarantee that if you wish to return the car to us at the end of the lease term, you will not have to pay off the car’s residual value. Instead, we will directly settle this outstanding liability for you under the buy back guarantee. Hence, you can upgrade to a new car as frequently as two years* without any complication and hassle. Pay only for what you use:When you lease a car under HBL Car To Car, you only pay for that part of the car’s value that you use during the lease term.The car’s residual value* (forecasted for the end of the specific lease term) is agreed with you at the start of the lease term. This amount is deducted from the car price thus lowering the finance amount. This finance amount is based only on a part of the car’s value and not the full value of the car. Therefore, HBL CarToCar offers very low installments as compared to any conventional financing. |   | .| Flexibility| | HBL Car To Car offers you several choices at the end of the lease term:| * Upgrade – Simply return the car to HBL and drive a new one home | | * Walk away – Return the car to HBL and end the lease| | * Buy – Keep the same car.Just make a one-time settlement of the car’s residual value to HBL or pay the same in easy installments over a specified extended period of time| | * Sell – Enjoy the gain from selling off the car at a higher price in the market than what you ay HBL as the residual value| Eligibility criteria: | Salaried Individuals | Self-Employed Business persons/ Professionals | Citizenship| Pakistani| Pakistani| Age| 22-60 years | 22-65 years | Minimum monthly income| Rs. 20,000 | Rs. 25,000 | Documentation: Self-Employed Business persons/Professionals †¢ | Copy of CNIC | †¢| 2 recent passport size photographs| †¢| Bank statement for last 6 months and bank letter confirming details of account| †¢| Proof of business| Salaried Individuals | †¢ | Copy of CNIC | †¢| 2 recent passport size photographs| | Latest original salary slip and personal bank statement for last 3 months| | | | HBL Credit Card:| Welcome to a world of convenience and flexibility. Accepted at over 29 million merchants worldwide, HBL Credit Card makes shopping fun and paying simple. So make the most of your shopping experience. Gold Card|   | Green Card| Rupees| Minimum gross salary requirements| Rupees| 50,000| | Salaried individuals| 15,000| | 180,000| | Self-employed business persons/professionals| 25,000| | | Rupees| Credit limit range| Rupees| 150,000| | Minimum| 20,000| | 500,000| | Maximum| | | | HBL Home Loan:| HBL Home Loan offers financing options to purchase a new house or renovate an existing house.Outright purchase: The outright purchase loan option provides financing for buying a new house. Home im provement: Home-improvement loan option provides financing for renovating your house. Outright Purchase| Descriptors| Home Improvement/ Renovation | 3 years to 20 years| Loan tenure| 3 years to 20 years| Rs. 300,000 – Rs. 15,000,000| | Loan amount| Rs. 300,000 – Rs. 5,000,000| | 85%| | Maximum financing amount (as % of appraised value of the property)| 70%| | 5 years| Property lease (years remaining at the time of loan maturity) | 5 years| Borne by the Bank| | Property insurance| Borne by the Bank| | Primary applicant and co-borrower| | Life insurance through HBL by the insurance company on HBL panel)| Primary applicant and co-borrower| | Eligibility criteria: | Salaried Individuals| Self-Employed Business Persons/ Professionals| Nationality | Pakistani (resident) | Pakistani (resident) | Age criteria of the main applicant and co-borrower whose income is being clubbed (spouse only)| | Permanent employees Minimum age at the time of loan application should be 21 years. M aximum age at the time of loan maturity should be 60 years. Contractual employees Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 55 years | Minimum age at the time of loan application should be 21 years.Maximum age at the time of loan maturity should be 65 years. | | Length of Employment| | Permanent employees Minimum 1 year experience; 6 months experience with confirmed employment status in the current job. Contractual employees Minimum 2 years work experience. Third party contractual not eligible. | Minimum 2 years experience in personal business| | | Documentation:| Salaried Individuals| | * CNIC copy * 2 passport size photographs * Letter from employer * 2 latest salary slips or salary certificate * Bank statement for last 6 months and bank letter confirming details of account * Copies of property documents| | Self-Employed Business Persons/ Professionals| CNIC copy * 2 passport size photographs * Proprietorship : Bank Certificate / Latest Tax Assessment Order * Latest one year bank statement * Partnership Deed * Registered Form C * Memorandum, Article of association and registered Form 29 A (applies to company directors) * Copies of property documentsSchedule of bank charges: Application processing charges (including 16% FED)| Rs. 7,000/- (non-refundable)| Early settlement charges | 4. 7% of outstanding principal | Partial payment charges | 4. 7% of adjusted principal | Late payment charges | Rs. 700 (for each late payment) | Property evaluation fee | Actual cost plus 16% FED to be recovered | Legal fee | Actual cost plus 16% FED to be recovered | | HBL INVESTMENT BANKING: HBL offers full-service Investment Banking capabilities to its clientele. This year alone, HBL has closed over thirty transactions with a cumulative worth of over USD 2 billion. This is a testament to the out-of-box thinking and the innovative products we bring to our customers.The Investment Banking Group functions in t hree specialist business areas: Project Finance, Debt Capital Markets & Syndications and Equity Capital Markets & Advisory. Project finance: The bulk of HBL’s project finance practice revolves around the power sector. Prior to the power policy of 2002, HBL actively pioneered Project Finance in Pakistan through the funding of a gas-fired co-generation plant (94 Megawatts of power and desalination of 3 million gallons per day). Subsequent to the 2002 power policy, HBL continues to play a fervent role in the sector and is the only Investment Bank that was Lead Advisor to all IPP transactions that achieved financial close.In the fertilizer sector, HBL financed the largest local currency financing in Pakistan, worth PKR 23 billion, as well as a green field venture in the telecom sector worth PKR 12 billion. Debt Capital Markets & Syndications: Depending on the requirements of its customers, HBL offers a variety of products, including syndications, securitizations, privately placed and listed TFCs, term finance facilities, commercial papers, etc. HBL played the lead role in a number of significant debt transactions, including PKR 15. 14 billion TFC issue (the largest privately placed issue in Pakistan), the first bond offering for any microfinance institution in all of Asia, credit enhancement for a rapidly growing company in the consumer durables sector and numerous tier-2 capital transactions for commercial banks. Equity & Advisory:HBL offers a breadth of equity and advisory products including innovative capital raising techniques, restructurings, public and private equity placements and mergers & acquisitions. The HBL team played a pivotal role across several sectors, including energy, agriculture, consumer products, fertilizers, etc. , for raising various forms of equity and quasi-equity. Recently, HBL structured a convertible debt note with a built-in Put feature for a US-based provider of agriculture technology and dairy solutions – a first of it s kind transaction in Pakistan. HBL also provides valuation for a company in the food and beverages sector. HBL ZaraiBanking:HBL ZaraiBanking facilities are spread across the country and provide financing through more than 800 of our branches. HBL’s presence in all agriculture belts of the country ensures easy access to farmers in rural areas. HBL ZaraiBanking provides loans to small-scale land owning farmers as well as large institutionalized and alliance based finance, enhancing agricultural harvest and, in turn, economic output of the country. Products: HBL ZaraiBanking enables farmers to invest in premier quality seeds, fertilizers, pesticides, agricultural implements and non-farm setups through its various product programs. Crop Inputs: Crop specific finance for purchase of Agri inputs such as seed, fertilizer, pesticide and other related inputs. Farm Implements:Finance available for purchase of farm implements & machinery like combined harvester, sprayers, ploughs, tube wells and other crop-related tools/implements. Tractors/Agricultural Vehicles: Finance available to individual farmers, self-employed tractor operators, providing the option to select vehicles from a range of different manufacturers. Livestock: Finance available for feed, medicines, raw material, raising charges and other related activities. Poultry: Finance available for all poultry related activities including poultry farm construction/equipment, hatchery plant & machinery, poultry feed, poultry medicines, composite feed production, poultry processing and other related activities. Fish Farming: Finance available for inland fish farms as well as deep-sea fishing.This includes procurement of boat, fish locating equipment, nets & ropes, ice maker, fish farm water solution, hatchery construction/equipment, purchase of medicines / feed and other related activities. Group Lending: Joint finance facility for a group of farmers with small land holdings for working capital requirement. MC B Islamic banking Islamic Banking Division was formed with effect from 1st January 2003, which in a short span of time, has developed sufficient expertise, necessary infrastructure, information technology, and manpower to run Islamic Banking Operations and offer Islamic Banking Products. Mission statement: To play a dynamic role in promotion of Islamic Banking and win customers trust by providing sharia compliant financial services. Vision:To become a leader among Islamic Banks of the country in the coming years capturing major share of the domestic Islamic financial market. Al-Makhraj Saving Account: The minimum deposit requirement for Al-Makhraj Saving Account is only Rs. 5000 and profits can be earned 6-monthly. Other features associated with this product are as follows: Minimum Initial Deposit: Rs. 5000 Islamic Tools used in designing the product: Mudaraba/ Musharaka Product to be availed by: Individuals & Joint Account Holders (Local) Companies, Corporate, Trusts, etc Special A dvantages: For Customer = Bi-Annual Profit Payment; Withdrawal Facility Shariah = Meets requirements for Shariah Compliance Additional Features: | * Personalized Cheque books| * Withdrawal Facility from ATM/ Debit Card| | * Online deposit as per bank's policy| | * Virtual Banking| | * Call Centers Facilities| | * 6-monthly profit payment on the basis of monthly declared rates| | * Issuance of duplicate statement of account (as per SOBC)| | * Free bank balance certificates (once in 6 months)| | * Taking stop payment/ hold mail/ standing instructions| | * No penalty if balance falls below minimum level. | | * Personal financial consultancy services (regarding Shariah Compliant products)| | * Utility bill payment via ATM card| | * Choice of statement frequency (as per Schedule of Charges)| IANAT Account:For customers who are looking for a chequing account that gives them the ease of doing unrestricted number of transactions, we offer Al-Makhraj Ianat Account. With a minimum of only Rs. 10,000, Ianat Account may be opened. With all the features and facilities that this product offers, it is highly recommended for management of business funds. Details of the product are as follows:| | 1| Minimum Initial Deposit: Rs. 10,000| 2| Product to be availed by: Individuals ; Joint Account Holders (Local), Companies, Corporate, Trusts, etc| 3| Additional Features: | | A| Personalized Cheque books| | B| Withdrawal Facility from ATM/ Debit Card| | C| Online deposit as per bank's policy| D| Debit card; Utilities payment via ATM card| | E| Virtual Banking| | F| Call center facilities| | G| Free bank balance certificates (once in 6 months)|   | H| Taking stop payment/ hold mail/ standing instructions|   | I| Issuance of duplicate statement of account (as per Schedule of Charges)|   | J| Choice of statement frequency (as per Schedule of Charges)|   | K| No penalty if balance falls below minimum level. | 4| Banking Network: IBD's Branch only| | Al Makhraj Term Deposit: A mi nimum of Rs. 25,000 is required for investment in Al-Makhraj Term Deposit. Choice of tenors can be made from a list of options namely 1, 3 ; 6 months, 1 or 2years.Profit payment options available to customers are monthly, quarterly and/ or at maturity. Details of the product are as follows: * Minimum Deposit: Rs. 25,000| * Islamic Tools used in designing the product: Mudaraba/ Musharaka| * Tenors Available:1 mth, 3 mth, 6 mth, 1 yr or 2 yrs | * Product to be availed by: Individuals ; Joint Account Holders (Local), Companies, Corporate, Trusts, etc| * Special Advantages: | | * For Customers = Profit Payment Options customized to suit needs of customers; Minimum Deposit requirement’s lower than most banks so it is more accessible/ affordable for people | | * Shariah = Meets requirements for Shariah Compliance | | * Additional Features: | | * Call center facilities| * Taking hold mail/ standing instructions for profit payments etc| | * Personal financial consultancy services (re garding Shariah Compliant products)| Profit Sharing Ratio on Al-Makhraj Account: Profit Sharing Ratio on Al-Makhraj Riba-Free Savings ; Term Deposit   Accounts is: Rabbul Maal (Depositor)|   Ã‚  70%| Mudarib (Bank)|   Ã‚  30%| MCB offers 3 broad Islamic fund based facilities: * Ijarah * Mudarabah * Diminishing Musharika Equipment Ijarah: MCB’s Islamic Ijarah, analogous to the English term ‘leasing’, is based on the ‘Ijarah wa Iqtina’ concept which means the sale of the asset to the lessee (customer) after the Ijarah has matured. Under this scheme, MCB will be the owner of the asset, and you (lessee) will be given the asset to use

Physiology – Rabbit Ileum

The isolated intestinal smooth muscle preparation is one of the classical preparations in physiology and pharmacology for bioassays, or the study of drug action and autonomic control of motility. This preparation is included in many â€Å"in-house† laboratory manuals of various colleges and universities around North America, and in some commercially prepared manuals deal ing with physiology and pharmacology (e. g. Nicpon-Marieb, 1981).Basically, the method presented in this report is a modification of the original Finkleman preparation (Finkleman, 1930) for the study of the autonomic control of intestinal motility. What is different about our approach is the method of mounting the preparation and the method of stimulation of the sympathetic nerve. The classic way of mounting the piece of intestine is to suspend it vertically in a muscle bath between an aeration tube and a recording lever.The problems with this technique are (1) stress placed on the intestine when the chamber i s emptied during the process of changing solutions, and (2) difficulty in stimulating the sympathetic nerve due to the fact that the preparation is totally submerged in a physiological saline solution. We have overcome these problems by mounting the segments of gut horizontally in a shallow muscle bath. As a result, less stress is placed on the intestine during changeover of solutions, and it is easier to manipulate and to stimulate the sympathetic nerve contained within the mesentery.Also students find i t much easier to mount the preparation in the horizontal bath and are less likely to stretch the muscle preparation in the process. With these modifications we have improved the student success rate from 50-60% to 90-100%. Large recordings of the muscle contraction, such as those shown in Appendix A, are easily obtainable using a kymograph and simple lever system. In fact, another advantage of this exercise is that it does not require expensive recording equipment.