Informatics Publishing Limited

Sunena Jain ¹

Affiliations
1 Department of Economics, FC College, Hisar, Haryana, IN

Abstract

The Indian life insurance industry has its own origin and history, since its inception. It has passed through many obstacles, hindrances to attain the present status. The income earning capacity of an individual citizen of a nation and the eagerness and awareness of the general public are the two key determinants of the growth of any insurance industry. For that they should provide wider and mass-employment opportunities and sound educational system. More over, the general public must be inculcated with more knowledge, awareness and importance about life insurance, and these steps help to boost the growth of insurance industries. In this Indian context, the insurance habit among the general public during the independence decade was quite rare and in the following decades, it slowly got increased. There was a remarkable improvement in the Indian insurance industry soon after the acceptance and adaptation of Liberalization, Privatization, and Globalization (LPG) in the year 1991. After 1991 the Indian life insurance industry has geared up in all respects, as well as it is being forced to face a lot of healthy competition from many national as well as international private insurance players. The fall in the savings rate and increased competition in the primary market and particularly the aggressive mobilization by the Mutual Fund posed serious challenges before LIC. The present paper reviews the impact of globlisation, its threats and how to avoid those threats.

Keywords

Globlisation, LIC

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Nisha Goyal ¹, Sunena Jain ²

Affiliations
1 Department of Commerce, F. C. College, Hisar, Haryana, IN
2 Department of Economics, F. C. College, Hisar, Haryana, IN

Abstract

In paper we are discussing the effect of job or work stress over the employees level of job satisfaction and organizational behaviour. Job or occupational stress is something we all face as employees or employers and we all handle it differently. It is a mismatch between the individual capabilities and organizational demands. Also it is a mismatch between the expectations of both individual and orgamsation. Stress effects both employee and employer simultaneously as we know employees who are burnt out, exhausted or stressed can not give desired result. Due to this productivity decreases and cost of the company will increases. By virtue, some jobs are highly stressful like Army, Police, and Fire Service etc. Some are relatively moderate viz service sector and health care industry etc. In the present day scenario, IT companies jobs are termed as more competitive and stressful. The National Institute for Occupational Safety and Health (NIOSH), part of the U.S. Department of Health and Human Services, states that job stress, now than ever poses a threat to the health of employees and health of the organization. It shall suggest some urgent strategic planning needed to combat the alarming raise of disorder in the health of the employee and the organization.

Keywords

Job Performance, Job Satisfaction, Job Stress.

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Sunena Jain ¹, Nisha Goyal ²

Affiliations
1 Department of Economics, F. C. College, Hisar, Haryana, IN
2 Department of Commerce, F. C. College, Hisar, Haryana, IN

Abstract

The paper focuses the current position of insurance industry. The Indian life insurance industry has its own origin and history. Since its inception, it has passed through many obstacles, hindrances to attain its present status. The income earning capacity of an individual citizen of a nation and the eagerness and awareness of the general public are the two key determinants of the growth of any insurance industry. As a result, wider mass-employment opportunities and sound educational system should be made available. In addition, the general public must be kept abreast of more knowledge and importance of life insurance, as these steps help to boost the growth of insurance industries. In this Indian context, insurance habit among the general public during the independence decade was quite rare and m the following decades, it increased slowly. There was a remarkable improvement m the Indian insurance industry soon after the acceptance and adaptation of liberalization, privatization, and globalization(LPG) in the year l991. After l991, the lndian life insurance industry has gearedupmall respects, as well as it being forced to face a lot of healthy competition from many national as well as international private insurance players. The fall in the savings rate and increased competition in the primaiy market and particularly the aggressive mobilization by the mutual fund posed serious challenges to LlC.

Keywords

Economic Reforms, Life Insurance, Liberalization.

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Mamta Rani ¹, Sunena Jain ²

Affiliations
1 Department of Commerce, CDLU, Sirsa, Haryana, IN
2 Department of Economics, FC College, Hisar, IN

Abstract

The banking scenario in India in the post liberalization and deregulated environment has witnessed sweeping changes. The tremendous advances in technology and the aggressive infusion of information technology had brought in a paradigm shift in banking operations. For the banks, technology has emerged as a strategic resource for achieving higher efficiency, control of operations, productivity and profitability. For customers, it is the realization of their 'Anywhere, Anytime, Anyway' banking dream. This has prompted the banks to embrace technology to meet the increasing customer expectation. The current paper reviews on e-banking, customer satisfaction and factors affecting e-banking.

Keywords

e-Banking, Customer Satisfaction.

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