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Showing posts from August, 2020

Boy Or Girl Paradox/ Two Child Problem.

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Abstract: The following article is a comprehensive analysis of the Girl or Boy Paradox also called the two-child problem. This article explains reasons behind why the paradox is counter intuitive, to give a rational thought and explain the paradox by the use of mathematical tool for a proper analysis. Introduction The  Boy or Girl paradox  surrounds a set of questions in  probability theory , it is also known as  The Two Child Problem ,  Mr. Smith's Children  and the  Mrs. Smith Problem. Gary Foshee, at the Ninth Gathering 4 Gardner Conference in March, 2010, presented a probabilistic puzzle, the solution of which was quite counter-intuitive. It generated intensive discussion on the internet, with some intriguing contributions, and some described as misleading. According to this problem, we consider a family having two children and that one of the two children is a boy born on a Tuesday, and are asked “what is the probability that there are two boy...

Non-Performing Assets of Public Sector Banks in India.

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ABSTRACT: This article focuses on the problem of increasing non-performing assets of the public sector banks in India between 2013 to 2019. The project highlights the reasons that led to this problem, strategies and policies adopted by the government, their results and a critical analysis of those strategies with the help of IS-LM framework as a supporting evidence.    Introduction:  The banking sector is a keystone of the financial system of any country. A smooth functioning of banking sector ensures a healthy condition of an entire economy. The banks create credit in the process of accepting deposits and lending loans. The funds received by way of interests are further used by the banks for raising resources. However, this flow of credit can be hampered by building up of non-performing assets (NPAs) and affects the profitability of banks. The bank’s main source of income is the interest earned on loans and advances in repayment of the principal. If these assets fail ...