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Monday, April 27, 2015

All you need to know about Earthquakes (Nepal Updates)

For Recent Nepal Earthquake Updates [Part 1-26/04]: Click Here
For Recent Nepal Earthquake Updates [Part 2-12/05]: Click Here

What is an earthquake?

  • An earthquake is what happens when two blocks of the earth suddenly slip past one another. The surface where they slip is called the fault or fault plane. 
  • The location below the earth’s surface where the earthquake starts is called the hypocenter, and the location directly above it on the surface of the earth is called the epicenter.
  • Sometimes an earthquake has foreshocks. These are smaller earthquakes that happen in the same place as the larger earthquake that follows. Scientists can’t tell that an earthquake is a foreshock until the larger earthquake happens.
  • The largest, main earthquake is called the mainshock. Mainshocks always have after shocks that follow. These are smaller earthquakes that occur afterwards in the same place as the mainshock. Depending on the size of the mainshock, aftershocks can continue for weeks, months, and even years after the mainshock!


What causes earthquakes and where do they happen?
  • The earth has four major layers: the inner core, outer core, mantle and crust. 
  • The crust (Fig.2) and the top of the mantle make up a thin skin on the surface of our planet. But this skin is not all in one piece – it is made up of many pieces like a puzzle covering the surface of the earth. 
  • Not only that ((Fig. 3) ), but these puzzle pieces keep slowly moving around, sliding past one another and bumping into each other. We call these puzzle piecestectonic plates, and the edges of the plates are called the plate boundaries.
  • The plate boundaries are made up of many faults, and most of the earthquakes around the world occur on these faults. Since the edges of the plates are rough, they get stuck while the rest of the plate keeps moving.
  • Finally, when the plate has moved far enough, the edges unstick on one of the faults and there is an earthquake.


Why does the earth shake when there is an earthquake?
  • While the edges of faults are stuck together, and the rest of the block is moving, the energy that would normally cause the blocks to slide past one another is being stored up.
  • When the force of the moving blocks finally overcomes the friction of the jagged edges of the fault and it unsticks, all that stored up energy is released.
  • The energy radiates outward from the fault in all directions in the form of seismic waves like ripples on a pond. The seismic waves shake the earth as they move through it, and when the waves reach the earth’s surface, they shake the ground and anything on it, like our houses and us! (see P&S Wave inset)


How are earthquakes recorded?
  • Earthquakes are recorded by instruments called seismographs. The recording they make is called a seismogram.
  • The seismograph (Fig. 4) has a base that sets firmly in the ground, and a heavy weight that hangs free. When an earthquake causes the ground to shake, the base of the seismograph shakes too, but the hanging weight does not. Instead the spring or string that it is hanging from absorbs all the movement. The difference in position between the shaking part of the seismograph and the motionless part is what is recorded.


How do scientists measure the size of earthquakes?
The size of an earthquake depends on the size of the fault and the amount of slip on the fault, but that’s not something scientists can simply measure with a measuring tape since faults are many kilometers deep beneath the earth’s surface.

So how do they measure an earthquake?
  • They use the seismogram recordings made on the seismographs at the surface of the earth to determine how large the earthquake was (Fig. 5).
  • A short wiggly line that doesn’t wiggle very much means a small earthquake, and a long wiggly line that wiggles a lot means a large earthquake. The length of the wiggle depends on the size of the fault, and the size of the wiggle depends on the amount of slip.
The size of the earthquake is called its magnitude. There is one magnitude for each earthquake. Scientists also talk about the intensity of shaking from an earthquake, and this varies depending on where you are during the earthquake.

How can scientists tell where the earthquake happened?
(For more about P waves and S waves: Click Here)

  • Seismograms come in handy for locating earthquakes too, and being able to see the P wave and the S wave is important. You learned how P & S waves each shake the ground in different ways as they travel through it.
  • P waves are also faster than S waves, and this fact is what allows us to tell where an earthquake was.
  • To understand how this works, let’s compare P and S waves to lightning and thunder. Light travels faster than sound, so during a thunderstorm you will first see the lightning and then you will hear the thunder. If you are close to the lightning, the thunder will boom right after the lightning, but if you are far away from the lightning, you can count several seconds before you hear the thunder. The further you are from the storm, the longer it will take between the lightning and the thunder.
  • P waves are like the lightning, and S waves are like the thunder. The P waves travel faster and shake the ground where you are first. Then the S waves follow and shake the ground also. If you are close to the earthquake, the P and S wave will come one right after the other, but if you are far away, there will be more time between the two. By looking at the amount of time between the P and S wave on a seismogram recorded on a seismograph, scientists can tell how far away the earthquake was from that location. However, they can’t tell in what direction from the seismograph the earthquake was, only how far away it was. If they draw a circle on a map around the station where the radius of the circle is the determined distance to the earthquake, they know the earthquake lies somewhere on the circle. But where?
  • Scientists then use a method called triangulation to determine exactly where the earthquake was (Fig. 6). It is called triangulation because a triangle has three sides, and it takes three seismographs to locate an earthquake. 
  • If you draw a circle on a map around three different seismographs where the radius of each is the distance from that station to the earthquake, the intersection of those three circles is the epicenter!


How are quakes classified?

Based on their magnitude, quakes are assigned to a class. An increase in one number, say from 5.5 to 6.5, means that a quake's magnitude is 10 times as great. The classes are as follows:
  • Great: Magnitude is greater than or equal to 8.0. A magnitude-8.0 earthquake is capable of tremendous damage.
  • Major: Magnitude in the rage of 7.0 to 7.9. A magnitude-7.0 earthquake is a major earthquake that is capable of widespread, heavy damage.
  • Strong: Magnitude in the rage of 6.0 to 6.9. A magnitude-6.0 quake can cause severe damage.
  • Moderate: Magnitude in the rage of 5.0 to 5.9. A magnitude-5.0 quake can cause considerable damage.
  • Light: Magnitude in the rage of 4.0 to 4.9. A magnitude-4.0 quake is capable of moderate damage.
  • Minor: Magnitude in the rage of 3.0 to 3.9.
  • Micro: Magnitude less than-3.0. Quakes between 2.5 and 3.0 are the smallest generally felt by people.
After an earthquake strikes, its magnitude is continuously revised as time passes and more stations report their seismic readings. Several days can pass before a final number is agreed upon.


What are the seismic zones of India?
  • The Geological Survey of India (GSI.) first published the seismic zoning map of the country in the year 1935.
  • With numerous modifications made afterwards, this map was initially based on the amount of damage suffered by the different regions of India because of earthquakes.
  • Color coded in different shades of the color red, this map shows the four distinct seismic zones of India. Following are the varied seismic zones of the nation, which are prominently shown in the map:
Zone - II: This is said to be the least active seismic zone
Zone - III: It is included in the moderate seismic zone
Zone - IV: This is considered to be the high seismic zone
Zone - V: It is the highest seismic zone





Can scientists predict earthquakes?
  • No, and it is unlikely they will ever be able to predict them. Scientists have tried many different ways of predicting earthquakes, but none have been successful. On any particular fault, scientists know there will be another earthquake sometime in the future, but they have no way of telling when it will happen.
  • First, a statistical study of historical earthquakes in a given region shows how frequent quakes of various magnitudes have been in the past. From those figures, they can guess how likely future quakes will be. For example, if a certain region has been struck by four magnitude 7 quakes in the last 200 years, seismologists would say there is a 50 per cent probability of another such quake occurring in the next 50 years.
  • Seismologists can also measure how much stress a certain region of the earth's crust is under, and how quickly that stress is increasing. That knowledge, along with the elapsed time since the last earthquake, helps scientists determine if another earthquake is on the way. This method is far from perfect, though, and requires extremely detailed seismological data, which simply isn't available for most regions.


Is there such a thing as earthquake weather? Can some animals or people tell when an earthquake is about to hit?
  • These are two questions that do not yet have definite answers. If weather does affect earthquake occurrence, or if some animals or people can tell when an earthquake is coming, we do not yet understand how it works.


Major Earthquakes (1976-2015 Till now dates):
 Date
 Location
 Magnitude
 Estimated number of deaths
 April 25,  2015
Nepal (Easten Pokhara & Kathmandu)
7.9
1600+
 April 16,  2013
Iran
7.7
40
 Sept. 5, 2012
Costa Rica
7.9
Tsunami alert
 Aug. 31, 2012
Philippines 
7.6
1
 Aug. 11, 2012
Northwestern Iran 
6.4 and 6.3
306
 April 11,  2012
Indian Ocean 
8.6
Tsunami alert issued, no major damage
 Oct. 23, 2011
Turkey 
7.2
603
 April 7, 2011
Japan
7.1
3
 March 11,  2011
Japan
9.0
Approx. 16,000 (9,000 missing)
 Feb. 27, 2010
 Chile
8.8
At least 700
 Jan. 13, 2010
 Haiti
7.0
85,000 to 316,000 (gov't estimate)
 Sept. 30, 2009
 Near Padang, Indonesia 
7.6
1,110
 April 6, 2009
 Near L'Aquila, Italy
6.3
283
 May 12, 2008
 Sichuan province, southwest China 
7.8
More than 80,000
 May 27, 2006
 Java, Indonesia 
6.3
5,135
 Oct. 8, 2005
 Pakistan-administered Kashmir 
7.6
80,000
 March 29,  2005
 Indonesia
8.7
1,000
 Dec. 26, 2004
 Off the coast of Indonesia 
9.0
230,000 (includes tsunami victims)
 Dec. 26, 2003
 Bam, Iran
6.6
26,271
 Jan 26, 2001
Gujarat, India
7.7
20,000
 June 21, 1990
 Iran
7.7
35,000
 Dec. 7, 1988
Armenia
6.9
At least 25,000
 Sept. 19,  1985
 Mexico
8.1
9,500
 Sept. 16,  1978
 Iran
7.5 to 7.9
15,000
 July 28, 1976
 China
7.8 to 8.2
242,000
 Feb. 4, 1976
Guatemala
7.5
At least 23,000

U also like to see Earthquake Science Explained by USGS: Click Here

Source: usgs.gov, wikipedia.org

Tuesday, April 21, 2015

Notes on Regulatory Bodies – SEBI, IRDA, CCI, TRAI

Securities and Exchange Board of India (SEBI)
The Securities and Exchange Board of India (SEBI) is the regulator for securities market in India. It was established on 12th April 1992 through the SEBI Act, 1992. SEBI has to be responsive to the needs of three groups, which constitute the market: the issuers of securities; the investors; the market intermediaries.

Powers: For the discharge of its functions efficiently, SEBI has been vested with the following powers:
  • To approve by-laws of stock exchanges
  • To require the stock exchanges to amend their by-laws.
  • Inspect the books of accounts and call for periodical returns from recognized stock exchanges.
  • Inspect the books of accounts of financial intermediaries.
  • Compel certain companies to list their shares in one or more stock exchanges.
  • Levy fees and other charges on the intermediaries for performing its functions.
  • Grant license to any person for the purpose of dealing in certain areas.
  • Delegate powers exercisable by it.
  • Prosecute and judge directly the violation of certain provisions of the companies Act.
  • Power to impose monetary penalties.

An Appraisal:
Successful cases of grievance redressal by SEBI have been rising rapidly. However, a survey shows that most of the investors find the redresser ineffective. Moreover, SEBI is not able to do much about ‘fly by night’ or ‘sign-board’ companies who vanish after collecting huge money. SEBI has been too busy in framing rules and regulation giving rise to complex and cumbersome framework, which leaves scope for discretionary interpretation. It failed to punish those who caused abnormal fluctuations in the market. Due to this, small investors are losing confidence in investing. The autonomy of SEBI has been compromised as it, more or less, functions as a branch of the Union Finance Ministry.

Insurance Regulatory and Development Authority (IRDA)
Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body, which regulates and develops the insurance industry in India. It was constituted by Insurance Regulatory and Development Authority Act, 1999.
Powers and functions:
  • Issue to the applicant a certificate of registration and suspend or cancel such registration;
  • Protection of the interests of the policy holders in matters concerning assigning of policy, nomination by policy holders, insurable interest, settlement of insurance claim, surrender value of policy and other terms and conditions of contracts of insurance;
  • Specifying requisite qualifications, code of conduct and practical training for intermediary or insurance intermediaries and agents;
  • Promoting efficiency in the conduct of insurance business;
  • Calling for information from, undertaking inspection of, conducting enquiries and investigations including audit of the insurers, intermediaries, insurance intermediaries and other organizations connected with the insurance business;
  • Control and regulation of the rates, advantages, terms and conditions that may be offered by insurers in respect of general insurance business not so controlled and regulated by the Tariff Advisory Committee;
  • Regulating investment of funds by insurance companies;
  • Adjudication of disputes between insurers and intermediaries or insurance intermediaries.

Competition Commission of India (CCI)
Competition Commission of India is a body of the Government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and Merger and acquisition), which causes or are likely to cause an appreciable adverse effect on competition within India.
Function and Responsibilities:
  • Make the markets work for the benefit and welfare of consumers.
  • Ensure fair and healthy competition in economic activities in the country for faster and inclusive growth and development of economy.
  • Implement competition policies with an aim to effectuate the most efficient utilization of economic resources.
  • Develop and nurture effective relations and interactions with sectoral regulators to ensure smooth alignment of sectoral regulatory laws in tandem with the competition law.
  • Effectively carry out competition advocacy and spread the information on benefits of competition among all stakeholders to establish and nurture competition culture in Indian economy.

Telecom Regulatory Authority of India (TRAI)
The Telecom Regulatory Authority of India (TRAI) is the independent regulator of the telecommunications business in India.
Powers and Functions:
  • Recommend the need and timing for introduction of new service provider;
  • Recommend the terms and conditions of licence to a service provider;
  • Ensure technical compatibility and effective inter-connection between different service providers;
  • Ensure compliance of terms and conditions of licence;
  • Facilitate competition and promote efficiency in the operation of telecommunication services so as to facilitate growth in such services;
  • Protect the interest of the consumers of telecommunication service;
  • Inspect the equipment used in the network and recommend the type of equipment to be used by the service providers;
  • Settle disputes between service providers.

What is difference between constitutional, statutory, extra constitutional, non constitutional bodies?

Constitutional Bodies:
  • Framed by (and mentioned) Constitution
  • Can not be abolished without consent of the states
  • Helps in performing specific functions or duties
  • Can be of both permanent or non-permanent type
  • Example: Election Commission of India, Union Public Service Commission (UPSC), Finance Commission etc

Statutory Bodies:
  • Set up by law which is authorized to enforce legislation on behalf of the relevant country or state
  • Mostly found in parliamentary type of government
  • Is not defined in the constitution
  • Example: National Human Rights Commission, National Commission for Women etc.

Extra Constitutional:
  • Established by a resolution (decision) of union cabinet
  • Not defined in Constitution of India

Non constitutional:
  • Not found in constitution of a country.
  • Statutory body can also be called as a non-constitutional body
  • Example: NDC, NHRC, CIC etc.

सफलता के बीज मंत्र (Pravachan : Just for Motivation)

महात्मा नित्यानंद ने अपने शिष्यों को बाँस से बनी बाल्टियां पकड़ाकर कहा : जाओ, इन बाल्टियों में नदी से जल भर लाओ। आश्रम में सफाई करनी है। नित्यानंद की इस विचित्र आज्ञा को सुनकर सभी शिष्य आश्चर्यचकित रह गए। भला बाँस से बनी बाल्टियों में जल कैसे लाया जा सकता था! फिर भी, सभी शिष्यों ने बाल्टियां उठाईं और जल लेने नदी तट की ओर चल दिए। वे जब बाल्टियां भरते, तो सारा जल निकल जाता था। 

अंतत: निराश होकर एक को छोड़कर सभी शिष्य लौट आए और महात्मा नित्यानंद से अपनी दुविधा बता दी। लेकिन, एक शिष्य बराबर जल भरता रहा। जल रिस जाता तो पुन: भरने लगता। शाम होने तक वह इसी प्रकार श्रम करता रहा। इसका परिणाम यह हुआ कि बाँस की शलाकाएं फूल गईं और छिद्र बंद हो गए। तब वह बड़ा प्रसन्न हुआ और उस बाल्टी में जल भरकर गुरुजी के पास पहुँचा। जल से भरी बाल्टी लाते देख महात्मा नित्यानंद ने उसे शाबाशी दी और अन्य शिष्यों को संबोधित करते हुए कहा,..

“विवेक, धैर्य, निष्ठा व सतत् परिश्रम से दुर्गम कार्य को भी सुगम बनाया जा सकता है।
सफलता कोई ऐसी वस्तु नहीं है कि आपने माँगा या चाहा और आपको मिल गई। इसे तुंरत प्रस्तुत नहीं किया जा सकता, इसमें लगातार परिश्रम करना होगा। एक कठिन परिश्रमी व्यक्ति ही सफलता पाता है, और अपने कारण पाता है, दूसरों के कारण नहीं। इसीलिए सफल व्यक्ति याद किए जाते हैं।


किसी भी कार्य को पूरी तरह करने के लिए कुशलता के साथ कार्य की निरन्तरता भी आवश्यक होती है। ऐसा नहीं करना चाहिए कि आज किया, फ़िर कुछ दिन आराम करें, फ़िर करें। ऐसा करने से कार्य तो रुकता ही है, वह ठीक तरह से होता भी नहीं क्योंकि एकाग्रता भंग होती है। मन उतना नहीं लगता जितनी उस कार्य को जरुरत होती है, और सफलता भी रुक जाती है, आपके साथी आपसे आगे हो जाते हैं। इसलिए अपने काम को एक रफ़्तार देनी होगी तभी सफलता प्राप्त होगी, आवश्यक समय और प्रयास निरंतर देना होगा।

श्री कृष्ण ने गीता में कहा है- संशयात्मा विनश्यति! अर्थात- जिसमें संशय हो उसका विकास नही होता।

किसी काम को करने के पहले अगर मन में दो तरह के विचार रहते हैं कि करें या न करें, इसे करने से लाभ होगा या नहीं, मन की यह स्थिति असफलता की तरफ़ ले जाती है। काम के पूरा होने से पहले फल की कल्पना करना और कामना करना ग़लत है, ऐसा करने से कर्म करने की कुशलता घट जाती है क्योंकि मन संदेह के घेरे में रहता है। पूरी तरह मन को एकाग्र करके कर्म करने से काम तो कुशलता से होता ही है फल भी अवश्य अच्छा आता है।

याद रखिये जीवन में अपना विवेक ही अपना सच्चा साथी है। अपनी बुद्धि श्रेष्ठ हो, इसका प्रयत्न हमेशा करना चाहिए क्योंकि बुद्धि के द्वारा सब कुछ जीता जा सकता है और सब कुछ पाया जा सकता है।”