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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Feb 28, 2024

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
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Asked by Anonymous - Feb 20, 2024Hindi
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Career

I am 27 yrs old female good in studies during my 11th and 12th but even after trying many times I wasn't able to crack NEET (medical entrance exam) having general category played a major role, I am not blaming reservation but I am upset with it in this process I have lost 5yrs in dropping and trying later joined BSc in Biotechnology and also completed M.Sc in Molecular and Human Genetics with gold medal now my family wants me to earn so that our financial condition can improve which is getting very worse day by day and my teachers want me to pursue PhD I don't understand what I should do the jobs after this much studying is giving 15,000pm which is not even sufficient for our family medical bills and our family also have taken loan from our relatives which also to be replayed and Phd in India as become worsen people leaving at their 4th or 5th year no stipend at time so can anyone guide me should I prepare for Govt exams like ssc cgl or any other which give me financial stability plz guide me..

Ans: I understand that you’re facing a challenging situation, and it’s commendable that you’ve pursued your education diligently. Let’s explore some options based on your qualifications and aspirations:

Career Prospects After M.Sc in Molecular and Human Genetics:
As an M.Sc graduate in Molecular and Human Genetics, you have several career paths available to you. Some potential job roles include:
Senior Scientific Officer – Molecular Genetics: In this role, you could work in research or diagnostic laboratories, focusing on genetic analysis and molecular techniques.
Technical Assistant – Molecular Genetics: Assisting in laboratory work, data analysis, and research.
Associate Professor – Medical Genetics: If you’re interested in academia, teaching, and research, this could be a fulfilling path.
National Sales Manager – Genetics: If you have an interest in sales and marketing related to genetic products or services.
These roles can be found in both private and public sectors.
Financial Considerations:
I understand that your family’s financial situation is challenging. It’s essential to consider your financial stability while making career decisions.
The average salary for M.Sc Genetics graduates in India ranges from INR 4 to 20 LPA depending on factors like specialization, experience, and location.
If your current job is not meeting your family’s needs, you may need to explore other options.
Ph.D. Dilemma:
Pursuing a Ph.D. is a significant commitment, both intellectually and financially. It’s essential to weigh the pros and cons carefully.
Consider factors such as your passion for research, long-term goals, and the availability of stipends during Ph.D. studies.
If you decide to pursue a Ph.D., explore opportunities abroad as well. Some countries offer better stipends and research environments.
Government Exams and Stability:
Preparing for government exams like SSC CGL (Staff Selection Commission Combined Graduate Level) can provide financial stability.
Government jobs often offer better job security, benefits, and a fixed salary.
Research the specific exams, eligibility criteria, and job profiles to see if they align with your interests and skills.
Balancing Passion and Practicality:
Reflect on what truly motivates you. Is it research, teaching, or a stable income?
Consider a balance between passion and practicality. You can explore government jobs while keeping your research interests alive.
Seek Guidance:
Consult with career counselors, mentors, and professionals in the field.
Discuss your situation with your family and teachers. They might offer valuable insights.
Remember that your journey is unique, and there’s no one-size-fits-all answer. Take time to evaluate your options, prioritize your well-being, and make informed decisions. Whatever path you choose, I wish you success and fulfillment!
Career

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Radheshyam

Radheshyam Zanwar  |1187 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Aug 26, 2024

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Career
Sir I wrote neet exam and did not score well by doing partial drop in btech biotechnology and when I was in 2nd sem I got detained due to lack of attendance and after neet 2024 my life turned into traumatic situation by sitting at home and my parents are worrying about me . When I was starting my inter pandemic was there and studies got disturbed and my father have taken admission in inter college which was 30km from our house , so he thought there will be no offline classes and at middle of my 2nd year college started to take offline classes, by doing up and down I used to get tired and I didn’t care my health and got health issues after that my life got worse because my father had undergone eye cataract surgeries due to diabetes and that situation made in me to become doctor after giving even 3 attempts I am not expecting mbbs seat, and even I consulted doctor he gave me sleeping pills to get sleep and this neet 2024 exam is most traumatic experience in my life and looking for settle down fast and earn money to stabilise our financial situation, please give me advice
Ans: Hi Sashwantha.
Many problems are interrelated to each other.
Anyhow, you failed to crack NEET irrespective of any reason(s).
Sad to hear about the father's health issue. But related to health, nobody can help.
You have then been admitted to inter-college which is far away from your home i.e. 30 KM.
Up-down daily was a little bit difficult job.
Why your doctor has given sleeping pills to you, am unable to understand by me.
Now, think more practical way.
To settle down or to earn money, you must join some job-oriented certificate courses that will help you start earning.
Keep your mind calm and quiet to handle the worst situation that you are facing.
Take a proper/wise consultation from your family member/friend which you trust more.

If you are not satisfied with the reply, pl ask again without any hesitation.
If satisfied, please like and follow me.
Thanks

Radheshyam

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Anu

Anu Krishna  |1512 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jan 31, 2025

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Relationship
Hello, I went to kota in class 11 in 2019 I was a below average student there but as soon as my class 12 session was to be started I already started studying the syllabus and was determined that I will crack neet in my first attempt any how but suddenly Covid came and I went back to home ,online classes started but after two months suddenly my mental health started deteriorating and eventually I was rushed to various doctors and finally to a psychiatrist , after a few months of constant visits etc I got diagnosed with schizophrenia ,my medications started heavily impacting my sleep,apettite,emotions etc. my studies got completely stopped slowly slowly till neet 2021 I was in that situation that I can just only sit in exam with no preparation at all I scored very very less again next year as I was not much well I got very less in neet 2022 same story in neet 2023 too then for neet 2024 I started studying a little bit due to not studying properly since two three years I was not studying properly I just watched yt videoes on how to study that ,how to do this and that regarding studies I mean I only accumulated knowledge but didn't took actions which ruined my neet 2024 result too .now my parents enrolled me in a regular central government college in bsc zoology hons. Inside me too for some time I accepted it and tried to move on but unable to do that bcoz I wanted to be a doctor since childhood and also have keen interest in medical study it's almost time for neet 2025 but I am unprepared due to not arriving at a firm decision but now I am almost healthy and decided to prepare for neet 2026 will it be worth the decision? I want to try atleast once with my full potential and dedication rest results will be in god's hands Or should I not prepare and focus on anything else?
Ans: Dear Harsh,
Any competitive entrance exam requires focus, discipline and a lot of hard work. Unfortunately due to your circumstances, this hasn't been possible.
Your parents possibly don't want you to go through the disappointment all over again and feel that a regular degree will get your feet back on the ground. Now, whether you must write NEET again or not is a decision you will have to take BUT only if you have a firm plan in hand. You will need to get back all your focus and give it your best shot. Now, how important is this exam for you and why you want to take it, is something only you know. You will also need your parents' support in case you decide to go for it after all, so also consult with them. If you are able to inspire yourself, then you know what is to be done.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Ramalingam

Ramalingam Kalirajan  |7967 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 15, 2025

Asked by Anonymous - Feb 15, 2025Hindi
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Money
We are a family of three (me + my parents). I am 30 and have no plans on getting married. Will explore spirituality and try to be a social worker after working for 2-3 more years. We have a corpus of Rs. 1.1 cr invested in FDs. The interest generated (Rs. 8,00,000 p.a.) is withdrawn monthly and used for daily expenses. Please tell me - 1. How long can my corpus last if we keep withdrawing the same amount each year? 2. Is there a need to add more money in corpus? 3. How will inflation hurt and play a role?
Ans: Your situation is well-structured, and your financial discipline is impressive. Let’s break down your concerns step by step.

1. How Long Will the Corpus Last?
You have Rs 1.1 crore in fixed deposits (FDs).

Your annual withdrawal is Rs 8 lakh, covering living expenses.

The duration your corpus lasts depends on the FD interest rate and inflation.

If the interest earned matches your withdrawals, the corpus remains intact.

But if expenses rise due to inflation, the corpus may start depleting.

If inflation is higher than your FD interest rate, the corpus will shrink faster.

Over time, this gap can significantly reduce your savings.

Without additional earnings or reinvestment, depletion becomes inevitable.

A detailed cash flow analysis is necessary for exact projections.

2. Is There a Need to Add More Money?
Your current strategy works well for now.

But inflation will increase expenses each year.

FD interest rates may also decline in the future.

A 25-year time frame requires careful planning.

If expenses rise but income stays the same, your corpus may not last.

Having an extra financial buffer is always good.

You may need to add funds over time to sustain withdrawals.

Consider a mix of investment options for better returns.

Balancing risk and stability is key for long-term security.

3. The Role of Inflation
Inflation reduces the value of money over time.

What costs Rs 50,000 today may cost Rs 1 lakh in 15-20 years.

If expenses double, your withdrawals must also double.

But your FDs may not generate enough interest to support this.

Over time, the real value of your corpus declines.

This means either increasing your corpus or reducing expenses.

Investing in assets that beat inflation can help.

A financial plan with regular reviews is necessary.

4. Fixed Deposits – Strengths and Weaknesses
FDs offer stability and guaranteed returns.

But they may not keep up with inflation in the long run.

Tax on FD interest further reduces net earnings.

Interest rates fluctuate and may decline in the future.

Over-reliance on FDs can erode wealth over time.

A diversified investment plan is essential.

5. Alternative Investment Strategies
You can explore better investment options alongside FDs.

Actively managed mutual funds have the potential for higher returns.

Debt mutual funds offer stability with tax efficiency.

Some portion in balanced hybrid funds can manage risk well.

Conservative investment in gold can hedge against inflation.

Having multiple sources of income is always better.

Choosing the right mix of investments is crucial.

6. Steps to Strengthen Financial Security
Review expenses and identify areas for cost-cutting.

Maintain an emergency fund for unexpected needs.

Consider reinvesting some interest earnings to grow the corpus.

Diversify investments instead of relying only on FDs.

Keep track of inflation and adjust withdrawals if needed.

Reassess the financial plan every year.

7. Impact of Taxes on Your Income
FD interest is fully taxable as per your income slab.

High taxation reduces the effective return on FDs.

Some alternative investments offer better tax efficiency.

Choosing tax-efficient options helps preserve more wealth.

8. Planning for Spiritual and Social Work Phase
After 2-3 years of work, your income may stop.

Your corpus must fully support expenses post-retirement.

Ensuring a steady income source is essential.

Passive income streams like dividend-yielding investments can help.

Reducing lifestyle costs can make funds last longer.

Proper financial discipline is crucial for long-term sustainability.

9. Final Insights
Your financial setup is strong, but long-term risks exist.

Inflation, tax impact, and lower FD rates can hurt corpus longevity.

A well-diversified portfolio will offer better security.

Regular financial reviews help in adjusting to changing needs.

Adding funds to your corpus ensures stability for the future.

Prudent planning today ensures a worry-free tomorrow.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

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Radheshyam

Radheshyam Zanwar  |1187 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Feb 15, 2025

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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