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Debt Management Plan Pros and Cons

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Debt management consists of various plans & strategies which help the debtor to repay the debt in the shortest period or repay debt in the best way.

A person can appeal to debt Management Company if he does not know how to manage the payment. It’s an unofficial agreement between the creditors and debtor to the repayment of debt in the shortest time period with better plans.

There are various companies out there offering the best dept management plans & programs to their valuable customers. You can read their reviews and decide from which company you can go with the debt management loans.

Debit Management Procedure

The organized method has to take by debtor to increase his possibility of debt repayment. The first step is to draft the list of creditors with monthly income charges as well.

After this he has to thing about all sources of revenue, his total cost and expenses or financial plans per month (e.g. utility bills, groceries, maintenance,etc.).

As soon as these lists completed financial advisor will propose a plan through which he can come to know how to maintain his expenses and cope with debt.

Ever after the debtor starts implementing the plan, the debtor and financial advisor both work together and see considerable progress so it is possible that the debt will pay off easily

Debt Management Plan Used By

Debt management opportunity for those who:

  • one who is facing cash flow problem and believe that his
    financial conditions will be settle in future
  • the person who don’t want to take any additional loan
  • want to pay off all their debts but are struggling with their
    present repayment schedule
  • who don’t want the pressure from creditors

Thing That You Should Know About Debt Management Plan

How to find exact debt management plan

You can take out a debt management plan run through a fee-charging consultant. However, this will mean it takes longer to limpid your debts due to continuing charges and administration costs being deducted from your payments.

It’s, therefore, a stronger idea to approach a debt charity such as Step-Change, which proposed free advice and debt management settlements.

Pros and Cons of Debt Management & Settlement

Pros

The debt management plans are structured and administrated in such a way that has a number of remarkable advantages when compared to other debt relief. Some of them are as

  • Most creditors reduce or eliminate interest significantly.
  • You are not required to sell your property, car or any other assets.
  • All debt management lasts within 5 years. The average time period is 3 years.
  • It makes a genuinemonthly budget with a financial goal.
  • Creditors should quickly stop collection activity.
  • You are stress free peaceful for your payment
  • Debt management plan is flexible. It allows you to change your plan according to circumstances.
  • For some people, it’s simpler to make one combined payment each month to a debt management company instead of making payments to several creditors.
  • If your creditors is happy with the receive repayment they will no longer contact you or harass you for payment
  • Although your credit rating will be affected, this will be viewed more positively than if you filed for bankruptcy for example.
  • You might be able to get the interest and charges frozen so that your full payments go towards paying off your debts.

Cons

Beside the advantages there are number of disadvantages of debt management plan.

  • The most notable is that it reflectsthe credit report that
    the person is receiving help from the third party to repay his debt.
  • You might not take any additional debt during this program
  • The terms of your credit agreement may be violated
  • you may find difficulty to take credit in future
  • Your creditors don’t have to agree to your reduced payments,
    but we’ll still send your payments anyway

Debt Management Plans can be a good solution if you’re struggling with your debts now but you hope to be able to pay them off eventually.

There are advantages in that you’ll be paying a more affordable monthly payment and you’ll be able to get some much needed breathing space in terms of your finances, but it will probably take you longer than you’d originally planned to pay off your debts.

There will be a negative impact to your credit rating for six years so this is a major sticking point – but at the end of the day, if you’re struggling with your debts, it could only be a matter of time before your credit rating is affected anyway.

Give Your Moving Business the Right Edge with a Freight Factoring Service

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Freight invoice factoring is one of the golden buzz words in the shipping industry for managing cash flow effectively. Not only does the service provide your business with the right solutions, but it is one crucial step to getting payment discounts within a short period.

Many moving businesses, regardless of their size, find a freight factoring service beneficial because they reap the rewards for having back-office support. These companies primarily function to provide operational backing and immediate cash flow assistance.

Not only will freight factoring organize your entire operations, but the service also provides your company with the efficiency to manage billings and collections without exerting too much effort.

Some Important reasons why you should consider Factoring

In today’s business environment, where efficiency spells the difference between success and failure, finding freight factoring for your moving company spells the difference. Consider that OTR Capital is all about sustainability and the reliability to manage your cash flow.

Freight factoring is all about being prepared for some eventual necessities your company might experience. Take, for example, repairs, fuel consumption tracking, and payroll checks.

These are essential operational expenditures your company needs to manage well. By selling your invoices upfront, you are guaranteed full support for your billing and collection needs. A freight factoring service is also one right way of filing cash flow gaps, which often become a significant operational hindrance for transport companies. 

By having your invoices factored, your company expenses are covered during eventual needs. It is one of the most effective business financings for any shipping company as they get the needed monetary backing for slow-paying customers and freight bills.

Some of the reasons for considering freight factoring include

  • Get a comprehensive commercial creditworthiness check for your prospective shipper or client.
  • Quickly increase your customer base.
  • Get access to better commercial financing and cash flow so your company can take more loads.

Focus on your core Operational Needs

Late-paying shippers and customers are often a stumbling block for most trucking service providers. In most instances, this means the inadequacy of financing other trucks and get them the needed funding.

This is what freight bill factoring tries to address, allowing trucking personnel to get a sustainable monetary backing to finance their operational needs. The primary consideration with freight factoring, though, is getting a reliable partner who seeks the betterment not only of their company, but also yours.

Factoring removes the burden of collecting payments from late payers. And once payments are settled, they are considered closed. This tactic removes all the pains of dealing with your customers for the entirety of their invoice.

It is a crucial element of sustaining your company’s momentum and removing all the unnecessary tasks that often becomes a drudgery to most trucking companies. Nascent companies who are trying to cut their expenses can also benefit from the services provided.

Extend your resources by removing unnecessary Collection Tasks

One concept of eradicating unwanted collection pains and headaches is to have you outsource your receivables to reliable freight factoring companies. This process allows you to get immediate payment for the outstanding invoices related to your completed works. It brings your working capital back so you can move on with your operations.

Understanding the Rates and Terms of USDA Business Loans

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If you are looking for a loan to support your rural business or to start a new venture in your local rural community, this is what you need to know about USDA loans before moving towards any other option. USDA business loans or B&I loans are the way to go. These loans are provided through a federal program targeting small businesses in rural areas.

The government intends to improve the economic conditions of the respective area by developing local businesses. You can apply for a loan through a third-party lender offering the best interest rates and flexible terms.

What are the rates of USDA Commercial Loans?

Various borrowing options with different loan terms and interest rates make the USDA B&I loan a good choice for a growing business. Typically, the rates of interest fall in the range of 6-9%, and they can be fixed or variable.

However, the lender uses four critical factors to determine the rate of interest. They include the personal credit history of the borrower, annual income, amount of collateral, and the number of years in the respective business.

While a lender may determine the rate of interest, USDA ensures that it isn’t drastically high. For a variable-rate business loan, stay assured that the lender cannot alter the rates before a quarter.

What are the Terms for USDA B&I Loans?

Depending on the purpose of taking the loan, the lender may change the repayment terms for your B&I loan. For example, if you take the loan for working capital, you will get a repayment term of seven years. For the acquisition of machinery and equipment, the loan term may stretch up to 15 years, while real estate loans have a term of 30 years.

Whatever is the term of your loan, you have to amortize the loan completely during this term without any balloon payment remaining at the end. If you have a loan with a balloon payment, the amount of payment will reduce over the loan term.

As a result, you will have a lump sum payment called a balloon payment for the due end date of your term. This balloon payment can be burdening on you and your business, especially if you are in an expansion phase.

Can You Repay the Loan Ahead of Schedule?

The banks or lending institutions providing USDA business loans may charge appraisal fees, origination fees, and an annual fee for renewal. Now, if you want to pay your loan off entirely before the agreed term, the lender may also charge a prepayment penalty fee.

Similar to an SBA or any other business loan, the lender regains its costs irrespective of the loan term. So, closely scrutinize the quotes from each lender to compare apples with apples.

What is the typical fee structure of the Lender?

Since the lender charges various fees, you need to understand them before applying for a loan. Mainly, the lenders have an initial guarantee fee that may equal to 3% of the guaranteed money.

The annual guarantee fee or charge may be more than or equal to 0.5% of the remaining principal amount. There are additional lender fees that include any third-party costs, appraisal fees, and origination fees.

If you have any doubts about these terms and rates, don’t hesitate to ask your lender to clarify.

Types of Debentures

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Term ‘Debenture’ is taken from the Latin word ‘Debure’. Which means “to Borrow”. Debentures are the company’s debt. These are the most popular form of debt capital. It is a form of a loan which is taken by the company to raise its capital.

Debentures are the instrument used by the companies and government to issue a corporate based loan on the reputation of the companies and a fixed rate of interest. Debentures characterize a refined form of an ancient promissory note that is raised to fulfill the long term capital needs.

Types of Debentures

Following are the eleven types of debentures used by a Joint-stock company

1. Simple Debentures

Simple debentures are also called “Naked debentures or Un Secured Debentures”. These debentures issued without any security on the asset, that’s why the holders of simple debentures are treated as unsecured creditors at the time of finish up of the company.

2. Mortgage Debentures

Theses are the Debentures which are issued against the company’s fixed asset like land, building, plant, machinery. These debentures are also called secured debentures. There are two types of mortgage debentures

  • First mortgage debentures
  • Second mortgage debentures

First mortgage debentures are those which have the first right to claim the fixed asset when the company is unable to repay the debentures on the due date.

Second mortgage debentures are those which have the second right to claim when the company is unable to repay.

3. Bearer Debentures

Bearer Debentures are unsecured debentures and also unregistered. Issuing authority of bearer debentures does not keep any record of the purchaser’s name and also the owner’s name of the listed debenture. Some bearer debentures have the coupon which is generally used to pay the interest.

4. Registered Debentures

Registered debentures are those debentures that have a complete record of debenture holders in the register of the company’s debenture holder register. Transferred of these must be written into the books of the company in the case of shares. These are not negotiable or transferable if the regular instrument of transfer is sanctioned by the director of the company. Interest is paid to the registered debentures holders in the same way as the distribution of the dividend.

5. Redeemable Debentures

These Debentures are very common these days because the amount of these debentures are repayable after a specified period. These are issued against the condition that the company shall redeem them on the stated date.

6. Irredeemable Debentures

These are the debentures that are not repayable after the definite period.The amount of irredeemable loan is repayable on the happening of definite possibilities. Simply there is no fixed limit within which the company should repay the loan. Usually, these debentures are paid when the company goes into liquidation.

7. Floating Debentures

In floating debentures, total assets must be signed over by the creditors. These types of assets may be Bills Receivable, Stock and Book Debts. In case of the failure on behalf of the company, It makes a charge in favor of debenture holders against other creditors.

8. Convertible Debentures

These are the debentures which are long term debt and converted into the company’s ordinary or preference shares and stock after a specified period. This opportunity is given to those which are stated in the conditions of debenture holders.

9. Equipment Trust Debentures

These are the debentures which are protected by tangible property or physical property. These debentures are issued for a specific purpose.  Funds from these debentures are raised to purchase some equipment to run the business.

10. Income Debentures

These types of debenture holders are authorised to receive the interest out of the current year’s profit at a fixed rate. In case if the company is not generating profit than no interest will b paid.So these debentures are not very useful for the organization and not very popular.

11. Legal Debentures

Legal debentures are those where the name of the property or title of the property of the company is transferred by deed to creditors as security for the loan.

Seven Reasons demonstrate The Importance of Planning in Leadership

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Planning is an imperative leadership skill because it guides you about how to achieve a goal. When you talk about leadership and the things that make a great leader, one of the most important things that come to mind is planning. Great leaders originate great plans.

Leaders plan

  • What to do?
  • How to do it?
  • What are the Obstacles?
  • How to bring innovation?
  • What are the behaviors to reduce risks and increase efficiency?
  • How to allocate resources?
  • How to manage time?

Most leaders know the importance of planning so they plan their work. When there is plan team members or colleagues at all levels in business tend to be more stress-free and enthusiastic for work and to achieve their goals. Plan Brings the development of actions in a straightforward way because it reminds people of their goals.

Seven reasons demonstrate the Importance of Planning in Leadership

Everything you need to know about the importance of leadership and planning is leadership encourages and arouses action from workforces by innovating them in planning and decision making.

Planning and leadership have a close relationship. It can be said there is no leadership without planning. Leaders are the person who works through planning like

  • What to do for the success of any organization?
  • How to overcome their weaknesses?
  • What are the possible ways to achieve their vision?

1. Planning helps Leaders to decide Goals

Planning helps every leader to analyze

  • Where they are Now?
  • And where they have to go?

It is very important to find a starting point to know where you currently are?

When you find a starting point where you are then it will help you to decide where you have to go?

It will help you to leaders your future goals. While preparing for future goals planning allows leaders to study the effects, they would like the business to have.

2. Planning helps Leaders to expand Decision making

Decision-making is a process where you recognize any opportunity or any problem then you decide to discourse it. You will have a plan before making a decision e.g., You will gather all the information about the problem to resolve it. You will check all the involved risks, alternatives, and you will make a decision.

3. Planning helps Leaders set abilities and expectations

Lack of abilities not only destabilizes the performance and results of a team but also influences negatively team building, teamwork engagement, and team relationships. There are many different instances where a leader needs to set expectations like building a relationship with colleagues, subordinates, team members.

While making decisions, setting goals, making strategies. So a plan helps leaders to put a thought that

  • What is going on?
  • What they are doing?
  • What should be done next?

4. Planning helps Leader to Motivate the staffs of the Organization

Of course, planning helps leaders to motivate their staff. There are many different plans that leaders use to motivate their team or staff. They motivate them by helping to develop new skills, engaging them in new and challenging activities, believing in them, taking interest in their career development, discuss their current duties and career ambitions.

By listening to them what they have to say gives them an open-door opportunity to make them easy in their working environment.

5. Planning helps Leaders to Allocate Resources

When you start work on any project you need to know

  • how much workforce do you need to work?
  • Or when you will need that?
  • Whose efforts are more to achieve a goal?

Without planning you never even know how much workforce you need for good results. When you plan to allocate the resources you will check the scope of your project, is it long-term or short-term?

Then you will identify your resources, who is currently available, you will track time and manage time for good results.

6. Planning helps leaders to encourage Creativity and Innovation

Innovation and creativity are essential to any business to move on, you can say that creativity or innovation is the heart of any business. What did leaders do to bring creativity and innovation? Leaders record the points of innovation and identify the different procedures like skillset, technology, efficient and effective management. Gather information about what people want, New idea generation to bring innovation.

7. Planning helps Leaders to reduce Overlapping and Wasteful activities

Simply when you set a goal and make strategies, do proper planning to achieve that goal, you will follow the procedure and strategies you plan for success. You will focus on your work and move on steadily without undertaking any wasteful activities.

Same as leaders will plan all the strategies of work and give you direction to focus on your work without wasting time and energy on wasteful activities. Planning helps to direct you to focus on your work.

Why Startups Should Find an Office Space for Rent in San Jose, CA

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What most people outside of the United States do not know is that Silicon Valley is the heart of San Jose, CA. The city is the economic and cultural center of technology. In 2018, the area had more than one million in population, the third largest next to Los Angeles and San Diego. All those million people are packed within the 180-square-mile territory. That is why you see a lot of high-rises and skyscrapers that serve as office and condo-space in San Jose.

The year 2019 proved to be eventful for San Jose, CA. The resurgence of the technology industry is helping propel the office space for rent in San Jose. Indeed, property rent is rising. However, it should not hinder your plans to open your headquarters in Silicon Valley. It’s a matter of finding the right agent who can help check off most of the items on your wish list.

But for startups, why should you risk the high rental prices to open an office in San Jose, CA?

Here are some reasons why

  1. You can always attract a talented pool — San Jose remains one of the worker-friendly cities in the United States. The corporate culture is very casual, which also attracts millennials. Additionally, most of the companies here are forward-thinking in their approach to boost productivity. Silicon Valley only attracts the best of the best. As such, you would not have a hard time finding talent to populate your office.
  2. Opportunity to network and learn — If you’re looking for office space for rent in San Jose, know that you’re in the heart of technology in the US. Most companies that locate here know their niche and expertise. You have the opportunity to network and collaborate with like-minded companies to grow your business. Do you need to outsource a specific job? You can easily find somebody in Silicon Valley to do the task with superior quality. San Jose is also teeming with opportunities to learn, such as seminars, conventions, workshops, and symposiums, all geared to advance your learning.
  3. Angel investors — You will also find countless angel investors in Silicon Valley. They are only waiting for a chance to help startups get their products and innovations off the ground. You cannot do this when you’re outside of San Jose because you cannot get your hands on the pulse of the city. In effect, you would be an outsider and, thus, not privy to its secrets.
  4. Business-friendly environment — To its credit, the city has laid the groundwork to optimize the potentials for startups to succeed. For instance, San Jose has one of the strictest intellectual property and trade secret laws in the world. It’s understandable, of course, considering that some of the products are knowledge-based, which means they are not physical products, per se. In that way, the city makes sure that nobody steals your idea without consequences. If caught, they will feel the full weight of the law.

Even if you say that office spaces in San Jose are expensive, you can always justify the expenses when you take in the factors above. Silicon Valley was founded on startups, and it would likely remain so for the end of time.

5 Best Business Opportunities with Low Investments in Australia

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Australia has earned itself a name as an investment hub. Consequently, it is no surprise to find many people flocking there to look for investment opportunities. Australia possesses great human and capital resources, which is a significant factor that attracts people. Opportunities available include online businesses ranging from fashion and homewares to others.

Another key factor that attracts people is security. Australia is rated as one of the safest countries for investors. This article explores the available low investment business opportunities in Australia.

Pet Care Services

Undoubtedly, Australians love pets and you can hardly find a household that has no pet. As a result, the pet care industry is increasing, with very many unexploited opportunities. It is a business that requires very little investment to begin.

There are various business opportunities you can consider in the pet care sector. First, you can start a shop that sells pet care products. Collaborating with retail outlets will maximize the opportunity.

Secondly, you can be a pet groomer or trainer. Pet photography is also another opportunity that has not been fully exploited. Finally, you can collaborate with insurance companies and start offering pet insurance to your clients.

Cleaning Business

Cleaning services are not as glamorous as many people would want them to be. As a result, many people are turning their backs on it, leaving just a few operators there. Unknown to many, there is a lot of money and opportunities here.

You don’t need a considerable investment to kick off the business. You can either choose to do residential or commercial cleaning. You can also do laundry, pool cleaning, and waste disposal. However, it is essential to note that a cleaning business thrives well in towns and cities.

Starting an Online Store

Australians form the highest percentage of online shoppers in the Asia Pacific region. Research that over 80% of Australian internet users make online purchases every year. These range from high-quality tiles to fashion wear, and home wear. Ironically, not many Australian retailers have taken advantage of this trend. Many businesses are hesitant to make an online presence.

If you are planning to start a business in Australia, this can be one area to explore. Starting an online store will mean that you will be able to meet the needs of many Australian online buyers. The competition will be minimal since there are only a few online retailers.

Health and Fitness Classes

Just like in other parts of the world, the fitness crisis is very rampant in Australia. As a result, many people are desperately seeking professionals who can help them out. Therefore, there is, as a fitness expert, you can take advantage of the situation and monetize your skills.

Setting up a fitness facility does not cost a lot of money. You can never go wrong with a fitness business. It indeed thrives very fast, especially in the city.

Fixing Electronic Devices

According to the Australian Bureau of Statistics, 72% of Australians have access to the internet. Many small businesses also rely on the Internet for their transactions.  As a result, there are many computers and other electronic gadgets in the country. The presence of these electronics provides a business opportunity, especially if you have the skills to fix faults in electronics.

Wrapping Up

In conclusion, Australia’s economy is predominantly service-driven. There are plenty of unexploited opportunities in the service sector, which require very little investment to start.

American Express Gold Rewards Card Review

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Every lifestyle can avail offers by American Express (AmEx) rewards cards. American Express offers outstanding customer service and benefits all around the world. Every card offers a list of fringe benefits designed according to the needs of different individuals. For instance, for luxurious travel, AmEx offers gold reward cards parallel to a list of other benefits.

But simultaneously, AmEx credit cards and charge cards aren’t for everyone. For opening AmEx account, customer needs good or excellent credit to get the AmEx card. Rewards Gold Card from AmEx can be the best choice for travel redemption.

Membership Rewards Points

Most travel rewards credit cards earn points or miles, but the Premier Rewards Gold Card by AmEx earns a specific kind of currency I.e., Membership Rewards Points

  • New Card Usage: Membership Rewards points can be saved for flights without any blackout dates and seating restraints. And, if a customer wants, he can transfer rewards to many different airline programs, and hotel chains especially four. The card also offers a big vantage I.e., after using $2,000 on a new card within the first three months, the customer will earn 25,000 Membership Rewards Points (MRP).
  • Daily Purchases: The Premier Rewards Gold Card from American Express makes it easy to win Membership Rewards points with daily purchases of the customer. He can earn 3 points/$1 spent on airfare purchases made directly from airlines; 2 points/$1 spent for purchases at US restaurants, US gas stations and US supermarkets, and 1 point/$1 spent on other purchases.

No Annual Fee for First-Year

The AmEx Premier Rewards Gold Card comes with a $195 annual fee. The annual fee is waived for the first year, so any value a customer receives the first year (including MRP) is automatically an edge point. But the $195 fee will be charged at the first annual rejuvenation.

Amex Premier Rewards Gold Card a Charge Card

A credit card needs to carry over a statement balance from one month to the next, the Premier Rewards Gold Card is a charge card. A customer needs to pay off the balance after every month period.

Traveling Benefits through Premier Rewards Gold Card

  • Airline Fee Credit: Credit of up to $100 per year for airline fees. After selecting an airline a cardholder can claim the credit worth $100 either online or by calling the number behind the card.
  • Car Rental Insurance: Individuals can use Premier Rewards gold card from American Express to reserve and pay car rent, and be safe if the car is damaged or stole.
  • Lowest Hotel Rates: By booking hotels with American Express, cardholders will find the room with lower fares.
  • Foreign Transaction Fees: The AmEx premier rewards gold card does not charge a foreign transaction fee. Generally, the foreign transaction fee is 3% of the total purchase amount made outside the U.S.
  • Baggage Insurance: When an individual purchase tickets of plane, ship, bus, or train with Premier Rewards Gold Card from American Express, Insurance coverage is provided for up to $1,250 for carry-on baggage and $500 for restrained baggage.
  • Global Assistance Helpline: Cardholders can have access to 24/7 legal, medical, emergency, or financial assistance services when touring more than 100 miles.

Everyday Benefits through Premier Rewards Gold Card

  • Emergency Services: Roadside assistance like replacing a puncture tire, getting a push or pull, a dead battery replacement and all others are at a phone call. Either the consumer is at home or traveling, he can access to 24/7 assistance due to this credit card at no cost.
  • AmEx Preferred Seats: Cardholder can receive access to premium seats at cultural and sporting events.
  • Entertainment Access: Card members can have exclusive offers and advance notices for shows, concerts, and sporting events near him.

Shopping Benefits Through Premier Rewards Gold Card

  • American Express Offers: Most of the American Express cardholder don’t know about Amex Offers on shopping. Amex Offers can save hundreds of dollars a year or more of card holder. Amex Offers are quite profitable.
  • American Express Auto Purchasing Program: Similar to above offers, many cardholders don’t know about it too. This program can save plenty and give peace of mind when he is shopping for a vehicle.
  • Protected Purchase: Selected purchases can be protected when stolen, lost or incidentally damaged. This service provides coverage for selected items within the past 90 days.

Comparison between American Express Premier Rewards Gold Card and American Express Gold Card

Following are the limited comparisons between the two gold cards of American Express to aware these card holders, so that they can have full fringe benefits.

BenefitsAmerican Express Premier Rewards Gold CardAmerican Express Gold Card
Travel Benefits3P/$1 spent on flights

 

No airport lounge membership

8 visits (free) per year to the domestic lounges

 

Discounts on Hertz and Avis car rentals

Annual FeeNo fee for 1st year

 

$195 from 2nd year

No fee for 1st year

 

$160 from 2nd year

Hotel Privilege2 nights stay receive up to US$75 in hotel credit.

 

Room upgrades.

Wi-Fi

400 participating hotels in over 30 world-wide countries.

 

2 nights or more stay receive up to US$75 in hotel credit.

Room upgrades.

Wi-Fi

Introductory offer on MRPCard holder earns 25,000 MRP on new card.

 

$2,000 on purchases within the first 3 months.

–
Lifestyle Rewards2P/$1 for supermarkets, gas stations and restaurants.

 

1P/$1 on everything else.

Spend $3500 get a voucher of $100
Roadside AssistanceOffers full roadside assistance–
Auto Purchase ProgramOffered–
Emergency ServicesOffered–
Credit Score Requirement700 to 750720 to 750

Conclusion

American Express Premium Rewards Card is one of the worth considering cards. This Gold Card offers a pleasant proportion between travel benefits and earning rewards. It offers 3P/ $1 for flights, 2P/ $1 at US restaurants, US gas stations, and at US supermarkets; and 1P/ $1 on other purchases. It has $195 annual fee. According to the analyst, this card is an outstanding selection for credit card holders  who wish to earn points and especially useful for those who travel frequently.

PPSC MCQs: Education Psychology & Guidance

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Q. 1 

The learning method that is associated with observing of behavior of other is called:

  • learning by trial error
  • learning by limitation
  • learning by conditioning
  • learning by insight

Q. 2

 The definition of psychology is the study of:

  • Human behavior
  • Mental process
  • Soul
  • Human behavior and mental process

Q. 3 

Synthesis is related to what domain:

  • Affective domain
  • Cognitive domain
  • Psychomotor domain
  • All of these

Q. 4 

Theory of self –actualization and sense of identity was presented by:

  • Carl Rogers
  • Gordon
  • Maslow
  • None of these

Q. 5

 who was the first psychologist:

  • William James
  • Aristotle
  • B. Watson
  • Plato

Q. 6 

Founder of socio –psychological development was:

  • Piaget
  • Erickson
  • Skinner
  • Vygotsky

Q. 7 

Child’s development study is useful:

  • Parents
  • School
  • Environment
  • All of these

Q. 8 

Learning means:

  • Getting knowledge
  • Gaining experiences
  • Permanent change in behavior
  • Getting maturity

Q. 9

Another name of working memory is:

  • Sensory memory
  • Short-term memory
  • Long-term memory
  • Episodic memory

Q. 10 

The degree of consistency between measurement of the same things is:

  • Validity
  • Usability
  • Reliability
  • Objectivity

Q. 11

 Logical thinking according to Jean Piaget starts at the stages of:

  • Sensor motor
  • Preoperational
  • Concrete operation
  • Formal operation

Q. 12 

Experiments on learning by insight were performed:

  • Kohler
  • Thorndike
  • Skinner
  • Maslow

Q. 13

 Translation concrete experiences, development of logical thinking are given by:

  • Burner
  • Skinner
  • Piaget
  • All of these

Q.14 

A test designed to know the students position in a group is called:

  • Criterion reference
  • Norm reference
  • Achievement
  • Aptitude

Q. 15

 The ability to solve problem, to adjust in the new environment, to think adstractly and actual or potential ability to learn is the definition of:

  • Personality
  • Behavior
  • Intelligence
  • All of these

Q. 16 

Who was the founder of behavior theory?

  • Maslow
  • Plato
  • Aristotle
  • J.B. Watson

Q. 17 

Concrete operation occurs at the age of:

  • 3-5 years
  • 4-6 years
  • 7-12 years
  • 6-12 years

Q. 18 

Child development study is useful for:

  • Teachers
  • Parents
  • Administration
  • Examiners

Q. 19 

To which group independent variable is applied:

  • Experimental group
  • Control group
  • None of above
  • Both A&B

Q. 20 

Life of an individual starts from:

  • Nucleus
  • Zygote
  • Cell
  • Membrane

Q. 21 

Which is not the biological factor:

  • Color
  • Height
  • Diet
  • Light

Q. 22 

Cognitive development deals with:

  • Body
  • Mind
  • Society
  • Emotion

Q. 23

 How many stages of cognitive development are described by Jean Piaget:

  • 3
  • 4
  • 5
  • 6

Q. 24 

Period starting from 7-12 years and onward in cognitive development is called:

  • Sensory motor stage
  • Pre operational stage
  • Concrete operational stage
  • Formal operational stage

Q. 25 

Period from 12 years and onward in cognitive development is called:

  • Sensory motor stage
  • Pre operational stage
  • Concrete operational stage
  • Formal operational stage

Q. 26

 Child forget the things out of sight in:

  • Sensory motor stage
  • Pre operational stage
  • Concrete operational stage
  • Formal operational stage

Q.27

 Child think logically in:

  • Sensory motor stage
  • Pre operational stage
  • Concrete operational stage
  • Formal operational stage

Q. 28 

Child described himself unsystematically in:

  • Sensory motor stage
  • Pre operational stage
  • Concrete operational stage
  • Formal operational stage

Q. 29 

Emotional development is effected by:

  • Fear
  • Quarreling parents
  • Restriction
  • All of above

Q. 30 

Permanent change in behavior as a result experience is called:

  • Learning
  • Education
  • Experiment
  • Innovation

Q. 31 

According to behaviorism, which one is important for change behavior?

  • Inheritance
  • Environment
  • Experiment
  • Innovation

Q. 32 

Classical conditioning was presented by:

  • Pavlov
  • Skinner
  • Watson
  • Thorndike

Q. 33 

Stimulus in necessary for response in:

  • Classical conditioning
  • Operate conditioning
  • Both
  • None

Q. 34 

Operant conditioning was presented by:

  • Pavlov
  • Skinner
  • Watson
  • Thorndike
  • Q. 35 
  • Change in behavior is due to reinforcement in:

Q. 36

Which one is not positive reinforcement:

  • Advance increment
  • Best teacher award
  • Punishment
  • Encouragement

Q. 37 

Who was the founder of humanistic approach?

  • David Amusable
  • J.S. Burner
  • Pavlov
  • Skinner

Q. 38 

Who was the founder of client therapy:

  • David Amusable
  • Carl Roger
  • Gordon
  • J.S. Burner

Q. 39 

According to Roger, in problem solving the most important is:

  • Counselor
  • Client
  • Both
  • None

Q. 40 

What is the IQ of average child:

  • Below 90
  • 90-110
  • 110-130
  • 120-140

Q. 41 

What is the IQ of mentally retarded children:

  • Below 90
  • 90-110
  • 110-130
  • 120-140

Q. 42 

Which types of growth of child is important:

  • Physical
  • Mental
  • Moral
  • All three

Q. 43 

The meaning of the word psychology is:
study of mind

Study of behavior

Study of soul

Study of conscious

Q. 44 The word psychology is derived from:

  • Greek word
  • Latin word
  • English word
  • Italian word

Q. 45

Who says, “Man is a conscious animal”:

  • Sigmund Freud
  • J.B. Watson
  • William Wyandot and William James
  • Freud

Q. 46 

IQ stands for:

  • Inner Quotient
  • Intelligence Quotient
  • Intelligence quartile
  • Inner quartile

Q. 47 Stern formula to determine IQ is:

  • M.A x C.A x 100
  • M.A + C.A x 100
  • M.A / C.A x 100
  • C.A / M.A x 100

Q. 48 

The formula determined IQ is given by:

  • J.B. Watson
  • Sigmund Freud
  • Pavlov
  • Stern

Q. 49 

Guidance in education started in:

  • 19000
  • 1905
  • 1910
  • 1920

Q. 50

 Who developed the first intelligence test:

  • Terman
  • Thorndike 
  • Benet
  • Jones

Q. 51

 The instrument to measure is:

  • Test
  • Content
  • Assessment
  • Evaluation

Q. 52 

Measurement is the:

  • Qualitative value
  • Value judgment
  • Numerical value
  • None of these

Q. 53 

evaluation is:

  • Numerical value
  • Value judgment
  • Numerical value
  • None of these

Q. 54 

The scores of student in a paper is:

  • Test measurement
  • Evaluation
  • All of above

Q. 55

 Evaluation answers the question:

  • How well
  • How much
  • How good
  • None of these

Q. 56 

Trial and error theory was presented by:

  • Pavlov
  • Thorndike
  • Skinner
  • Burner

Q. 57 

Pavlov’s work was with:

  • Cats
  • Rats
  • Rabbits
  • Dogs

Q. 58 

cognitive learning theory was presented by:

  • Thorndike
  • Skinner
  • Pavlov
  • Burner

Q. 59 

Project techniques are used to measure:

  • Achievement
  • Aptitude
  • Personality
  • Intelligence

Q. 60 

The word “Emotion” is derived from the Latin word:

  • Motion
  • Move
  • Remover
  • Motivation

Q. 61

 “Emovere” means:

  • Strip up
  • To excite
  • To agitate
  • All of these

Q. 62

 The word “moral” is derived from Latin word:

  • Mos
  • More
  • Motion
  • Move

Q. 63 

Mos means:

  • Manner
  • Custom
  • Habit
  • All of the above

Q. 64 

The theory of psychological development was presented by:

  • Jean Piaget
  • Erikson
  • Lawrence Kohlberg
  • Reasoning

Q. 65 

A sum of question is:

  • Test
  • Measurement
  • Assessment
  • Evaluation

Q.66

 Hierarchy needs was presented by:

  • Skinner
  • Burner
  • Isobel
  • Maslow

Q. 67

 Alfred Benet worked on:

  • Achievement tests
  • Intelligence tests
  • Aptitude tests
  • Personality tests

Q. 68 

Physical growth is affected by:

  • Biological factors
  • Environmental factors
  • Both A&B
  • None of these

Q. 69 

Educational psychology is the………….branch of psychology:

  • Pure
  • Applied
  • Advanced
  • Practical

Q. 70

 The discipline of psychology is:

  • Since the birth of man
  • Before Christ (B.C)
  • Seventeenth century
  • Relatively new

Q. 71

 Behaviorism is associated with:

  • Sigmund Freud
  • B.F. Skinner
  • J.B. Watson
  • Johan Wright

Q. 72 

If a student’s has an age of 11 years, from psychological pint of view. He/she is placed in:

  • Childhood
  • Boy hood
  • Adolescence
  • Youth

Q. 73

 A need is to food as a motive is to:

  • A hunger
  • A certain kind of food
  • Money with which to buy good
  • The smell of food

Q. 74

 A need is to hunger as a stimulus is to:

  • Food
  • Money with which to buy good

Q. 75

 The first emotional expression to appear in infant is:

  • Fear
  • Delight
  • General excitement
  • Anger

Q. 76 

Which of the following types of ability is measured by intelligence:

  • Verbal
  • Mechanical
  • Numerical
  • Spatial

Q. 77 

Intelligence test measure:

  • General aptitude
  • Academic potential
  • Innate aptitude
  • Spatial

Q. 78

Who as the first to measure human intelligence?

  • Terman
  • Spearman
  • Galton
  • Benet

Q. 79 

Mental age of child is a measure of:

  • Level of mental maturity
  • Rate of mental growth
  • Innate mental potential
  • Intelligence status

Q. 80 

I.Q is an index of:

  • Level of mental development
  • Rate of mental development
  • Intelligence status
  • Degree of mental maturity

Q. 81

 In guidance, the role of teacher is an:

  • A judge
  • A moralist
  • A helper
  • A mirror

Q. 82

 The major responsibility of counselor is:

  • Help students solve their problems
  • Solve student in problems
  • Helping teachers in test level
  • Helping the principal is running school

Q. 83

  • When do we learn better according to Thorndike’s laws of exercise?
    practice it
  • Like it
  • Hate it
  • Are ready for it

Q. 84 

How would you define psychology?

  • Study of soul
  • Study of behavior
  • Study of consciousness
  • Study of mind

Q. 85

 In which country Jean Piaget was born?

  • USA
  • Switzerland
  • Italy
  • France

Q. 86

 The age measured by an intelligence test is called:

  • Chronological
  • Mental
  • Mature
  • Physical

Q. 87 

WAIS is the intelligence test for:

  • Early childhood
  • Primary school students
  • High school students
  • Both A&B

Q. 88 

The growth and learning of a child is affected by:

  • Heredity
  • Environment
  • Both A&B
  • None of these

Q. 89 

Control is an leaning of a child is affected by:

  • Introspection
  • Observation
  • Experimental
  • Case study

Q. 90 

cognitive development deals with the development of:

  • Child perception
  • Child mind
  • Child reasoning
  • Child thinking

Q. 91 

Moral development involves:

  • What is right and wrong
  • Behaving is accordance with moral rules
  • Feelings of guide or pride
  • Specialization

Q. 92

 …….is concerned primarily with helping individual make decisions and choices involved in planning a future:

  • Educational guidance
  • Cibic problems
  • Personal guidance
  • Counseling

Q. 93 

An individual who is socially mal adjusted develops……behavior:

  • Moral
  • Immoral
  • Unmoral
  • Non moral

Q. 94

 The term growth is used in purely…….sense:

  • Intellectual
  • Physical
  • Social
  • Psychological

Q. 95

 Evaluation techniques are selected on the basis of:

  • Usability
  • Reliability
  • Validity
  • Objectivity

Q. 96 

CRT is clearly defined and delimited domain of:

  • Knowledge
  • Performance
  • Learning task
  • Evaluation

Q. 97

 Instructional objectives include:

  • Action verb
  • Learning resources
  • Learning activities
  • Teaching strategies

Q. 98 

Usually NRT is not used for:

  • The measure of achievement
  • Objective type item
  • Mastery testing domain
  • Subjective item

Q. 99

 Try to understand something new by fitting it what is already known is:

  • Organization
  • Accommodation
  • Assimilation
  • Equilibration

PPSC MCQs: Learning Process in Education

Last Updated:

Q. 1

A series have a snake phobia because you heard a loud noise while looking at a snake, for a snake is a:

  • US
  • UR
  • CR
  • None of these

Q. 2

A series of response that gradually approach a desired pattern of behavior are called:

  • Adaption
  • Reinforcement
  • Successive approximations
  • None of these

Q. 3

If the conditioned stimulus is presented many times without reinforcement, we can expect:

  • An increase in stimulus generalization
  • Extinction to occur
  • An increase in response generalization
  • None of these

Q. 4

A child has learned to avoid a furry, black cat. However, he still plays with his short haired tabby. His response demonstrates:

  • Negative transfer
  • Reinforcement
  • Discrimination
  • None of these

Q. 5

Punishment is most effective in suppressing behavior when it is:

  • Immediate, consistent and intense
  • Delayed, consistent and mild
  • Mild, consistent and delayed
  • None of these

Q. 6

In Pavlov’s experiments with dogs, the conditional stimulus was the:

  • Food
  • Bell
  • Both a and b
  • None of these

Q.7

 Ivan Pavlov has been credited with the initial discovery of:

  • Operant conditioning
  • Leasing
  • Classical conditioning
  • None of these

Q. 8

Sidra helps her father put away dishes after dinner, Sidra’s father wants to increase the probability of his behavior and will most successful by praising her:

  • After all the dishes are put away
  • At lunch
  • The next morning at breakfast
  • None of thee

Q. 9

After a response has been faded, it will often reappear after a short time has passed. This is called:

  • Spontaneous recovery
  • Expectation check in
  • Extinction recovery

Q. 10

 The first grade teacher gives students stickers when they perform well. If they earn five stickers in one day, they are exempt from homework. These stickers in this example could also be called:

  • Tokens
  • Primary reinforces
  • Secondary reinforces
  • None of these 

Q.11

 Which of the following is FALSE regarding a general principles of development:

  • Orderly development
  • Development occur at different rates
  • Development is rapid and dramatic
  • None of these

Q. 12

 The first grade teacher gives students stickers when they perform well. If they earn five stickers in one day, they are exempt from homework. These in this example could also be called:

  • Tokens
  • Primary reinforces
  • Secondary reinforces
  • None of these

Q. 13

A student does a good job on math problems for homework, and the teacher award a sticker. This demonstrates the use of:

  • Extinction
  • Reinforcement
  • Spontaneous recovery
  • None of these

Q. 14

In classical conditioning, events critical to the learning occur……..the response:

  • Before
  • After 
  • Both A&B
  • None of these

Q. 15

 In Pavlov’s experiments with dogs, food was the:

  • Conditioned response
  • Unconditioned stimulus
  • Unconditioned response
  • None of these

Q. 16

To strengthen the connection between CS and CR, the CS must:

  • Generalize to US
  • Precede the US
  • Be identical to the UR
  • None of these

Q. 17

Which of the following statements about punishment in FALSE?

  • Punishment teaches response
  • Punishment temporarily suppresses a response
  • Both A&B
  • None of these

Q. 18

 Operant conditioning was studied by:

  • Pavlov
  • Maslow
  • Skinner
  • None of these

Q. 19

Using poker chips to reinforce mental patients for healthy behavior would be an example of using:

  • Negative reinforcement
  • Classical conditioning
  • Tokens
  • None of these

Q. 20

 A natural stimulus is one that:

  • Leads to an increase in the UR
  • Leads to a decrease in the UR
  • Does not evoke the UR
  • None of these

Q. 21

 which one of the following might serve as secondary reinforcement?

  • Thirst
  • Grades
  • Water
  • None of these

Q. 22

 A team coach who benches a player for poor performance are using:

  • Aversive conditioning
  • Modeling
  • Punishment
  • None of these

Q. 23

  • When several principles are integrated into statements that explain a phenomenon, they are part of?:
    solution
  • Principle
  • Theory
  • None of these

Q. 24

 A researcher uses a coin toss assign subjects to a group is using:

  • Contextual assignments
  • Significant assignment
  • Random assignment
  • None of these

Q. 25

Researcher who actively interact with the group studying are called:

  • Participant observation
  • Exclusive observation
  • Natural observation
  • None of these

Q. 26

 Studies that involve a detailed observation and analysis of changes in cognitive process as the process unfolds over a several says or weeks period of time are called:

  • Micro genetic studies
  • Micro experimental studies
  • Experimental studies
  • None of these

Q. 27

 A clear, unambiguous description of a teacher’s educational intentions for students and the types of performance expected to be demonstrated by students, describes :

  • Objective
  • Motivation
  • Characterization
  • None of these

Q. 28

 What method of instruction boats the features of effective classroom management, strong academic focus, efficient use of time and clear, organized presentation of subject matter?

  • Discussions
  • Direct instruction
  • Discovery learning
  • None of these

Q. 29

 If used correctly, direct instruction enables students to:

  • Allow students to review and prior knowledge
  • Construct meaning
  • Both A&B
  • None of these

Q. 30

 The taxonomy in the psychomotor domain generally moves from basic perceptions and reflex actions to:

  • Regulated inhibited movements
  • Skilled, creative movements
  • Regulated reflected movements
  • None of these

Q. 31

 Which is not an objective in the affective domain?

  • Repetition
  • Valuing
  • Taxonomy
  • None of these

Q. 32

 When teachers and students work together using a common theme, they are using:

  • Direct instruction
  • Indirect instruction
  • Integrated planning using a theme to help organize the lessons and work
  • None of these

Q. 35

Rosen shine and his colleagues indentified six teaching functions that promote effective teaching. These functions can be use to teach:

  • Advanced skills that use higher level application
  • Basic skills
  • Acquired skills
  • None of these

Q. 36

Teachers who use divergent questions in their lesson want to promote:

  • Thinking by using questions that have no single correct answer
  • Analysis and synthesis of concepts
  • Exploration and discussion of ideas
  • None of these

Q. 37

This teaching technique involves students posing and answering their own questions with the teacher’s role as more passive than interactive. This technique is:

  • Group planning
  • Balance in reading and writing
  • Group discussing
  • None of these

Q. 38

 The changes that occur in human being between conception and death are reffered to as:

  • Development
  • Growth
  • Progress
  • None of these