Tag: decision

  • Mero Kitta launched – An online digital map print service

    Mero Kitta launched – An online digital map print service


    Landowners no longer need to go to the survey office to get a printed map for the purpose of building a home, constructing buildings, or buying and selling after the launch of ‘Mero Kitta.’

    The Ministry of Land Management, Cooperatives, and Poverty Alleviation’s Department of Surveying and Mapping has begun offering online services as of today.

    At a formal ceremony held at the survey department on Thursday, Prime Minister KP Sharma Oli switched on automated software related to land administration, officially launching the device.

    With the aim of providing services online, the department has launched Nepal Land Information System (NeLIS) and Mero Kitta today.

    Through the ‘Nepal Land Information System,’ the government will provide map printing, field book printing, and other services to clients right from their homes.

    According to the government, the program was started to make survey office services more technologically friendly, hassle-free, efficient, fast, and successful.

    The government, according to Prime Minister KP Sharma Oli, has been concentrating on attracting new investment and technology.

    “Both offices are identical. Prime Minister Oli said, “We have changed the way we operate.”

    The Mero Kitta program, according to Shivamaya Tumbahangphe, Land Management, Cooperative and Poverty Alleviation, has been launched to eliminate delays at the Land Revenue and Survey Office.

    He explained that the Land Revenue and Survey Office’s decision to implement a paperless program is in line with the government’s Digital Nepal initiative.

    Teknarayan Pandey, Secretary at the Ministry of Land Management, Cooperatives, and Poverty Alleviation, stated that the online service was launched to eliminate the requirement of queuing in the real estate sector.

    Secretary Pandey said, “The current migration trend must resolve the problem of providing clients with services from every local Land Revenue and Survey Office.” “Real estate transactions can be completed over the internet.”

    He explained that for digital verification, you must often be present, otherwise it would be done online.

    18 of the 126 survey offices around the country are yet to go online.

    According to the government, all offices will be able to provide online services and conduct business by the end of the year.

    According to Pandey, the ministry has begun work on making it possible to view the entire history of land on the internet.

    Institutional transactions, banks, and even small businesses can conduct business online, according to him.

    Prakash Joshi, Director General of the Survey Department, said that the service would be available in the survey offices of Kalanki, Dilli Bazaar, and Bhaktapur starting today. It will be available in the offices of Chabahil, Lalitpur, Manmaiju, Tokha, and Saankhu within a day or two.

    blankWhat is Mero Kitta? How to get Mero Kitta service?

    Mero Kitta is a web application that allows you to access some of the services offered by survey offices through the internet from anywhere.

    Map printing, plot register printing, field book printing, and field drawing application can all be achieved with the Mero Kitta method. To use the Mero Kitta scheme, clients must have a land ownership certificate and citizenship.

    To get the service, ordinary users must go to Mero Kitta’s website and fill out an online application in the specified format. The OTP code is sent to the registered mobile number after the application is submitted. For the duration of the service, the code is needed.

    After verifying the service details with the offices, all information about the revenue sum to be billed is collected via SMS.

    Clients must have a mobile number and an OTP on the connect IPS platform in order to pay the revenue sum. Payment can also be made via banks using an online voucher provided by the system.

    Following payment, a digital copy of the map will be imported from the offices, and details will be sent to the smartphone. To obtain the chart, the client must download it within seven days using the registered mobile number and the office’s OTP.

  • Boosting Your ROI in Stock Market Investing

    Boosting Your ROI in Stock Market Investing


    Everyone wants a high return on their investment in stock market trading. First let’s consider the basics and the ways to earn the most on your investments.

    Return on Investment

    Usually referred to as ROI, the Return on Investment in stock market investing is the profit earned from selling a security or other asset divided by the amount of the original investment. With stocks, your ROI is expressed as an APR (annual percentage rate).

    Your ROI is all the income you make on the stock, which also includes profit earned from selling the stock. When the sales price plus any other income is higher than the price you purchased the stock for, your ROI is positive.

    When the sale price plus any other income is lower than the price you bought the stock for, you have a negative ROI (which is obviously what you want to avoid). In fact, as a trader in the stock market, your goal is a high ROI, not just a positive one. To achieve a substantial ROI, consider the following methods to boost your current stock investing efforts.

    Know What You Are Purchasing

    To ensure a high ROI in stock market investing, garner as much information as you can about the company you want to invest your money in. A bit of basic analysis to find out if the stock is worth the asking price can go a long way. Rather than gambling, you can also ask other people to do this research for you if you don’t have the time to do it yourself. Reliable research resources include the websites of major brokerage firms, mutual fund companies and finance publications. There are also paid newsletter that offer this information.

    A Bull Market Is Not The Same As Smart Investing

    When you earn a high ROI in stock market investing, there are many reasons for it. One of the possible reasons is your wise investment strategy. Another reason can simply be the good fortune to be in the right place at the right time so you wind up making money with minimal effort. We may feel smarter when the market is soaring so we get tempted to take on riskier positions and trade more frequently, which may not be the wisest decision.

    Deactivate Active Trading

    You may feel tempted to trade frequently when you are gaining. With online stock trading, investment is a mouse click away which can make you even more impulsive. Remember that it is difficult to make money by beating the stock market consistently. In stock market trading, it is better to have a buy and hold strategy to ensure a high ROI.

    Take Note of The Tax Man

    Pay attention to tax ramifications when trading stocks. Frequent trading can become extremely costly, especially when major income taxes are triggered by profits. By buying and holding for a period of at least one year, you would qualify for a lower capital gains rate. Your financial advisor should be able to consult with you on this.

  • What Stock Market Basics Do You Need To Know?

    What Stock Market Basics Do You Need To Know?


    To succeed in the business of stocks, learning the stock market basics of the trade is essential. The stock market is a complicated game and knowledge is power when it comes to financial freedom.

    The decisions you make can yield unlimited earnings or completely break your budget. While there is some level of gambling involved in the stock market, an educated trader will ultimately achieve success.

    Prior to risking your hard-earned cash on the stock market, you need to recognize certain vital factors when deciding which company to invest in.

    Consider these stock market basics to learn more about the company you want to buy into:

    Check Out A Company’s Revenue

    What is the actual amount of money the company makes? This total amount is referred to as revenue. While young companies in their early stages of development may not have much revenue to offer, other companies who have been in the market for a long time may use their revenues to cover costs and losses.

    A Company’s Earnings Make A Difference

    How much money does the company make? This amount of money is called a company’s earnings. Beside revenues, earnings may be used to cover expenses. Earnings are the extra money taken in by a company. Because investors investigate the earnings made by a company they want to purchase stocks on, the companies with large earnings have a distinct advantage in the stock market.

    A Company In Debt Is A Bad Sign

    How much money does the company owe? Debt is the money owed by a company, which can be represented in many different ways. When a company is in debt, the money they have will be used to pay up the debit. It is risky to purchase stock from companies in debt because the company is unstable which could result in them declaring bankruptcy.

    A Company Should Own Property

    What does the company own? The assets owned by a company, including business, money and stocks, are referred to as property. When you are aware of a company’s assets, you can better ascertain their position in the industry. When companies have significant properties under their ownership, it is safer to trust their background. Often people will immediately buy stocks from companies holding a major amount of assets because they are more secure.

    A Company Should Show Financial Responsibility

    How much does the company have to pay out and what are their total financial obligations? Each company has different financial obligations. When a company has few financial obligations, they are in less danger of getting into debt. Examine the liabilities versus the assets of a company to determine their financial responsibility. A company should have higher assets than financial obligations.

    Gambling your money on a company you know nothing about is an unsafe and unwise decision. By simply reviewing the company’s background, you have all the stock market basics right at your fingertips.

    To make sure your money is in the right hands, do your research about the companies you want to invest in.

  • How Does Hindsight Bias Influence Investing Decisions?

    How Does Hindsight Bias Influence Investing Decisions?


    Since its top of 1881 in 2016, the Nepal Stock Exchange has been on a downward trend. The market dropped to as low as 1100, a drop of nearly 40% from its peak. Many investors lost a lot of money as a result of the devastating market meltdown.

    If we ask investors right now if they thought the market was going to tumble after 2016, many will say yes. However, at the peak, investors were more bullish on the market. The massive quantity of everyday turnover demonstrates this. The daily transaction amount was between 1.5 and 2 billion rupees.

    So, how does an investor’s opinion of the same event change? This is a psychological phenomena known as ‘Hindsight bias.’

    The tendency of people to perceive events as more predictable than they actually are is referred to as hindsight bias. In other words, it makes the past appear less predictable than it was. Things always appear more evident after they have occurred.

    Decision making is difficult prior to the occurrence due to a lack of information and foresight. However, looking at the available results after the event, the outcome appears more predictable.

    During the bullish era in our market, investors were uninformed of the oncoming market disaster. As a result, many people were highly involved in stocks. Some people predicted that the market would crash. However, no one was certain at the moment.

    However, after the market fall, investors believe that they were forewarned that the market would drop. With more information regarding the market crash becomes accessible, investors appear to be more sure about the event’s predictability.

    Why is hindsight bias dangerous in investing?

    Consider the following scenario: You are considering purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then skyrockets. What are your thoughts?

    The answer is that you are stupid. You kick yourself for squandering the opportunity. You are remorseful for not purchasing the stock when you realized it was a winner. You tell yourself, ‘I knew the stock would soar.’ This is what we mean by hindsight bias.

    So, what makes it dangerous? This is because you have made a promise to yourself that you would not make the same mistake again. You are more confident in your decision-making abilities, and you vow to seize the next opportunity. This is the danger that hindsight bias can cause. The next time might not be the same as the previous.

    Let’s have a look at another scenario: You consider purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then plummets. Now consider if you would have felt the same way in the first situation.

    No, it does not. You congratulate yourself on making a wise decision not to buy ABC stock. You knew the stock would decline, which is why you didn’t buy it in the first place.

    Why is the response different in these two cases? In an ideal world, the answer in both cirplusstances would be the same. In both cirplusstances, you made the same decision not to acquire stock ABC prior to the rise or fall in its price. However, after the event occurs, such as a price rise or decline, you change your reaction in accordance with the nature of the occurrence.

    This is risky because it gives you the impression that you knew it all along, giving you a false sense of security in your judgment. This can lead to overconfidence in your financial abilities and reckless decisions.

    How do you prevent falling into the Hindsight Bias trap?

    Several behavioral experts have recommended producing a list of everything that was considered when making the decision. This could be a good plan. We will know what our thought process was at the time of decision making if we make a record of the reasoning behind our decisions. We cannot change our statements after the event has occurred. This will aid us in making an accurate assessment of our abilities.

    Investors may not consider hindsight bias as a concern. However, it may lead you to make decisions based on your perspective rather than facts.

    In conclusion

    In our daily lives, we experience hindsight bias. Whether it’s investing, gaming, exams, or anything else, the outcome makes us feel much more confident in our abilities. If Real Madrid beats Sevilla, we’ll tell ourselves and others that we knew Madrid was going to win. Similarly, if the stock/real estate price is rising, ‘I knew it’ comes into play.

    Even if it hasn’t caused any immediate harm, it can make you overconfident, causing your next bet to be more illogical. Real Madrid won, but the outcome might be different the next time. Past events cannot be utilized to predict the future completely. Information and strategies evolve in tandem with the passage of time.

    As a result, it is preferable to treat each possibility as new and base your judgment on facts. The past appears to be easy to anticipate, yet this is not the case. It is a hallucination that arises following the occurrence of the result. As a result, it is preferable to stick to your investing ideas and tactics.

  • 10 Best Online Data Entry Jobs You Can Do During Lockdown

    10 Best Online Data Entry Jobs You Can Do During Lockdown


    Everyone is looking for online data entry employment during the COVID-19 lockout days. Because they save money and help employees work more efficiently, businesses have resorted to freelance and online workers for assistance. Finances is one area where this favorable position has resulted in growth and flexibility for both individuals and employers.

    Organizations’ decisions during the COVID-19 lockdown can help them save money on infrastructure and operations. Many established jobs now offer greater pay scales online when compared to in-house work.

    Furthermore, due to their limited application in many industries, many internet data entry jobs are now outsourced and contracted. New developments, on the other hand, are now making a lot of job available online and for the right applicants in every area.

    Top Online Data Entry Jobs During COVID-19 Lockdown

    The following is a list of online data entry jobs that pay well and come in large quantities:

    1. PDF to Word Conversion Jobs:

    Good communication and language abilities are required for this type of work. Filling out excel sheets or a word document is a good idea. Furthermore, you must read and convert content from a PDF file to a Word document. There are many other translation doplusents accessible. In the same industry, there are numerous sub-jobs to choose from.

    2. Writing, Editing, and Proofreading Jobs:

    Some of the basic credentials for this type of work are excellent language skills, including but not limited to English. This procedure begins with the, which might lead to proofreading and, finally, editing work. Additionally, academic language skills are ideal for this type of work. In the industry, there are also unique assignments accessible. Focus on narrative formats as well, which have a lot of potential in the film and media industries.

    3. Online Survey Jobs:

    Taking an online survey is a simple and enjoyable method to earn money. This profession comprises filling out a survey after collecting feedback on their products and services. Many websites will compensate you if you complete an online survey. You can earn up to $300 depending on how many studies you complete in a month or week.

    4. Form Filling Jobs:

    The remuneration for this type of work is more than for a regular writing job. Separate chunks of data will be given to you to enter the value from a database into each field in the form. Because any incorrect entry will result in false data, this work needs great attention to detail.

    5. Captcha Entry Jobs:

    Captcha entry jobs allow you to enter captcha image numbers, alphanumeric data, and image texts into a spreadsheet or doplusent. You’ll also have to solve hundreds of captcha images every day. It’s a less complicated and more interesting job than the others on the list.

    6. Payroll Data Entry Operator:

    The majority of this job’s work is outsourced online due to the extensive use of internet recruiting software. Searching for candidates, entering candidate information and allowances, and receiving a list of candidates who have been shortlisted are just a few of the jobs available. The compensation for this work role is low at first (for newcomers), however the industry has a strong rate of growth.

    7. EMail Processor:

    This is a well-paying and creative work opportunity! You concentrate on e-mail delivery every day. Hundreds of e-mails are forwarded to different addresses. You’ll be in charge of tracking down the information and constructing a spreadsheet.

    8. Transcription work: Transcription work entails converting audio to text. You’ll be given a phrase to memorize, which could be an audio file or a live performance. This type of data entry job typically requires additional skills and is conducted by medical experts. You can easily earn $50 each hour of audio transcription, which takes four to five hours depending on the file’s difficulty.

    9. Word Processor:

    This job entails entering data that will be utilized to create mailing labels, letters, and reports, among other things. Strong communication skills, as well as knowledge of punctuation, spelling, and grammar, are required. You may also be expected to use technical and statistical data to create tables, graphs, and charts.

    10. Converting Files:

    Finally, converting files from one format to another is a variation on data input labor in general. Among other things, you’ll be asked to convert an audio file or an image to PDF or Word format.

    With the advancement of digital technology, online data entry jobs with proper pay scales are now available in practically every industry. The majority of it is also available on job boards online. Data entry jobs online are an excellent method to broaden your network, boost your profession, and protect your financial future.

    These online occupations offer several benefits, and we strongly encourage you to explore them, especially during this shutdown period!