* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Saturday, February 14, 2015

PP RAMACHANDRAN

 
There was another Director who was famous for 
his bouts of anger and torrential tirade. He summoned 
his Deputy Director at 12. 30 p.m and instructed him 
to prepare a note on revising the Bank Rate. 

And he added “The note must be on my desk by 2 p.m”. 
Quite a forbidding task. But the Deputy was up to any 
emergency, worked hard, followed  his boss’s instruction. 

The Director returned at 2 p.m and was happy to see a file board with a note. He called his Deputy, asked him to sit down and began reading loudly the note. 

“Good. Very good .Well argued”, he said. As he reached the last page he found another note of similar dimension lurking below. “What is this?” he bellowed. The Deputy answered calmly, “Sir, you had not instructed me whether there should be a rise in Bank rate or a fall. The second note argues for a fall of one per cent!”