Dis-investments:

Dis investments means transfer of a part of the ownership of a public sector enterprise. In other words it means the disposing of or sale of a part of the equity holdings of the Government in the public sector enterprise to the private sector enterprise to the private entrepreneurs with a view to privatizing that public sector enterprise.

ISI/ISO/BIS
ISI: The Indian Standards institution was established in 1947 by the central &state government and industry for developing Indian standard specifications for the manufactured products of the country. The main objectives are:

Preparation of standards relating to products commodities, materials and processes.

Certification of industrial products.

Promotion of general standards at national & international levels.

Circulation of information relating to standards & standardization.

 ISO: International standards organization it is an international organization setup for developing and maintaining international standards of quality for goods. Objectives of ISO: Development of International standards of quality for goods. Maintenance of those international standards of quality

 BIS: Bureau of standards Act 1986. provided for the establishment of BIS after the establishment of the BIS the Indian standard institution (ISI) was merged with the BIS and all the activities of the ISI were taken over by the BIS.

BIS prescribes standards and keeps control over the quality of goods. it under taken following functions. To establish and promote Indian standards for products. To recognize the standards established by any other institution in India or outside India. To grant, renew, suspend or cancel the certification mark. To specify a standard by issuing BIS certification mark. To under go research for the formation of Indian standards.

Differences between ISO & ISI

Quality Circles : A quality circles is a small group of employees of a concern who voluntarily meet regularly to identify, analysis, and solve work related problems like quality, productivity, cost reduction, safety and other problems, in their work area for the mutual benefit of the employees and organization. Objectives of Quality circles: 1. To reduce mistakes and to enhance the quality and productivity of the work. 2. To effect cost reduction

3. To develop greater safety awareness

4. To ensure more effective team work 5. To promote job involvement and participation. 6. Promote leadership & development to improve communication with in the organization. 7. To develop harmonious relationship between the manager and the workers.

ATM: Automated Teller Machine popularly called any time money in installed in important commercial banks to provide various facilities to customers through credit card.
ATM is a computerized telecommunication device that provides the clients to access financial transactions in a public space without the need for a cashier. The various facilities or advantages provided by ATM are: 1. 2. 3. 4. 5. 6. 7. 8. Cash withdrawals Cash Deposits Balance enquiry or Checking the balance in the bank account. Request for statement of account Cheque book request Change of personal identification number(PIN) Transfer OF funds from one account to another account Other facilities like bills payments.

Plastic Money(DEBIT CARD & CREDIT CARD) Plastic