Skip to main content

Scholars galore

After the flow of corporate results it is now the turn of school and college results to pour in. It is difficult to find any one who has scored less than eighty five percent. Suddenly we have too many scholars than the city can bear. Ironically no one is happy. In our days when a student scored seventy percent he would go to a movie or to a hotel to celebrate. Today when a student gets eighty percent, all hell breaks loose. The student would attempt a suicide, the parents would rush to get a bed in J.J. Hospital and friends and neighbors would troop in to offer heartfelt condolences.

Some attribute this to the declining standards in assessment. This is not true. The correction of papers continues to be strict. This is the impression I got when I met Mishra the head examiner of HSC Board.

Mishra told me “People accuse us of being generous in offering marks. You will appreciate that being in an era of liberalization we cannot be stingy.”

“That’s good” I said.” But how exactly you go about correcting the papers?”

Mishra pulled out an answer paper from the pile on which he was seated and said “Any student who appears for the examination automatically gets sixty percent marks. This is done to encourage people to sit for exams. If he has tied his supplements properly he gets additional 3% as bonus points.”

“That’s a real incentive.”

‘By writing the roll number and the name of the subject correctly he can score further 5%. So till this point he has 68% for asking.”

“Wonderful” I said. ”This is fine of way of motivating the young lads who are caught in the crossfire between cricket season and the exams.”

“Mishra went on “I’m glad you appreciate it. If the size of the handwriting is large we give him seven more percent straight away. Bigger the letters, lesser is the strain on the eyes of the examiners. When you are examining 300 papers in a week it counts for some thing.”

“You’re right” I nodded.

“Another 5% is reserved for attempting all the questions. We believe that the intention is more important than the ability. A student who attempts all the questions even if he does not know the answers shows that he has good intentions.”

“Good going” I said. “That makes it 80% I guess.”

“Eighty percent which the student has received so far is then compounded at the current inflation rate for three months which the interval between the date of the exam and the date of the results. That takes the tally to some where between 88% and 92%.”

“Tell me one last thing.” I said. “Mishra don’t you give any weightage to the correct answers.”

Mishra flared up “Who says so? A student who writes all the answers correctly can get as much as 3% which is what separates the merit list from the non-merit list.”

Popular posts from this blog

Historical Sensex Returns Updated - 2024

Historically Sensex has given returns of about 15% per year, despite volatility and price fluctuations of about -20% to +60%. The following table shows S&P BSE Sensex historical data - start  & close values and the yearly returns of the sensex from 2000 to 2024. So far during the year the   index has hit an all-time high of  75,124   and despite markets hitting all time highs not all stocks make all-time highs. There are many stocks still below their highs. Stocks like HDFC Bank, ITC, Asian paints are still well below their highs and some of them have given low returns over last 3-5 years. Individual or Retail investors can achieve consistent returns through investing via mutual funds , whether it be active or passive. Chasing returns from individual stocks is futile. Be a wise investor !

What is Gift Nifty?

 What is Gift Nifty? Gift Nifty is a new identity given to SGX Nifty, available for trading in NSE IX with effect from July 3. Instead of Singapore Exchange, US dollar-denominated contracts of Nifty futures will now trade in NSE IX which is in GIFT City SEZ . What happens to SGX Nifty? SGX Nifty has been suspended for trading and will eventually get delisted from the Singapore Exchange. What are the timings of SGX Nifty? Gift Nifty will be accessible for almost 21 hours. It is open in two sessions - from 6.30 am to 3.40 pm and then again from 4.35 pm to 2.45 am in the second session. How to check Gift Nifty live data? Gift Nifty live data can be checked on the NSE IX website and futures contracts from here - Gift Nifty .