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L
ZXNBGAT XGZNXT
N@
Q{qtgiltka K`vgqtig`t Zcl`
L dgtlkcgd qtwd{ dn`g k`
L`lc{rk`m tfg Iwtwlc Ow`d / G|wkt{ Qafgigq }ktf QKZ
Qwhikttgd k` zlxtklc owcokccig`t no tfg xg|wkxgig`t onx tfg l}lxd no Znqt)mxldwltkn`
dkzcnil k` Ok`l`ag Il`lmgig`t
Qwhikttgd h{
ILFGQF]LXK I CN@GXELX
DZMD . BC
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Lae`n}cgdmgig`t
]ktf Kiig`qg zcglqwxg K }nwcd ckeg tn zxgqg`t tfkq xgznxt n` Q{qtgiltka K`vgqtig`t
Zcl`
K }nwcd ckeg tn tfl`e ]gck`melx K`qtktwtg no Il`lmgig`t onx zxnvkdk`m ig tfg
nzznxtw`kt{ tn zxgqg`t tfkq Zxnbgat
I{ qzgaklc tfl`eq tn tfg Ix. Iwew`d Z. Ewcelx`k onx tfgkx k`vlcwlhcg mwkdl`ag# an)
nzgxltkn` l`d onx tlek`m tkig nwt fkq hwq{ qafgdwcg tn fgcz ig
Lae`n}cgdmig`tq tn i{ oxkg`dq l`d lcc tfnqg }fn flvg fgczgd ig k` tfkq zxnbgat
Ilfgqf}lxk I Cn`gxelx
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Dgaclxltkn`
K fgxgh{ dgaclxg tflt tfkq Zxnbgat xgznxt g`tktcgd Q{qtgiltka K`vgqtig t Zcl`
Qwhikttgd k` zlxtklc owcokccig`t no tfg xg|wkxgig`t noZnqt)mxldwltkn` dkzcnil no
]gck`melxK`qtktwtg no Il`lmgig`t Dgvgcnzig`t / Xgqglxaf kq hlqgd n` zxkilx{ /
qgan`dlx{ dltl onw`d h{ ig k` vlxknwq dgzlxtig`tq# hnneq# ilmlrk`gq# l`d }ghqktgq
/ Anccgatgd h{ ig k` w`dgx mwkdl`ag no Ix. Iwew`d Z. Ewcelx`k .
Dltg2 ILFGQF]LXK I CN@GXELX
DZMD . BC
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Agxtkokaltg oxni tfg Mwkdg
Tfkq kq tn agxtko{ tflt tfg Zxnbgat }nxe Tktcgd Q{qtgiltka K`vgqtig`t Zcl` &G|wkt{+
kq l Hn`lokdg }nxe alxxkgd nwt h{ Ilfgqf}lxk I Cn`gxelx &DZMDBC
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Tlhcg no An`tg`tZlxtkawclxq
Lae`n}cgdmig`tDgaclxltkn`
Agxtkokaltg no Mwkdg
QGATKN@ K
K`txndwatkn`
Q{qtgiltka K`vgqtig`t Zcl`
An`agzt no Q{qtgiltka K`vgqtig`t Zcl` &QKZ+
Ogltwxgq no QKZHg`goktq / Dkqldvl`tlmg
]f{ Q{qtgiltka K`vgqtig`t Zcl` &QKZ+>
QGATKN@ KK
Dkoogxg`ag no QKZ k` Ocwatwltk`m Ilxegt l`d Xkqk`m Ilxegt
Anizlxltkvg L`lc{qkq no Q{qtgiltka K`vgqtig`t Zcl` l`d Cwiz Qwi K`vgqtig`t
QGATKN@ KKK
G|wkt{ ) Tfg hgqt lqqgt aclqq= Olatq n` G|wkt{ K`vgqtig`tq / = mnnd xglqn`q tn k`vgqt k` QKZq
K`vgqtig`t)il`txl onx G|wkt{ QKZq
Hgltk`m K`ocltkn` anionxtlhc{
QGATKN@ K_
Hgqt Q{qtgiltka K`vgqtig`t Zcl`q k` K`dkl onx Iwtwlc ow`d / G|wkt{ zxnvkdgx
K`vgqtk`m Dnq l`d Dn`tq
Xganiig`dltkn`q2
AN@ACWQKN@
HKHCKNMXLZF[
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Q{qtgiltka K`vgqtig`t Zcl`q
)))L xwzgg l dl{# eggzq }nxxkgq l}l{
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K`txndwatkn`
L Q{qtgiltka K`vgqtig`t Zcl` &QKZ+ kq mnnd tnnc tflt xgtlkc k`vgqtnxq al` wtkckrg tn
nztkikrg tfgkx k`vgqtig`t qtxltgm{. QKZ kq `ntfk`m hwt l qkizcg igtfnd no k`vgqtk`m l
okgd qwi no in`g{ k` l qzgakoka k`vgqtig`t qafgig# n` l xgmwclx hlqkq# onx l zxg)
dgtgxik`gd zgxknd no tkig. L xgawxxk`m dgznqkt }ktf tfg znqt nookag nx l xgawxxk`m
dgznqkt }ktf l hl`e kq lcqn l QKZ. QKZ Q{qtgiltka K`vgqtig`t Zcl` }lq lcxgld{ olinwq
l`d zxnvg` k` Iwtwlc Ow`d an`tgt hwt `n} QKZ flq lcqn anig dkxgatc{ k`tn G|wkt{
Qtnaeq }fkaf kq gqqg`tklcc{ K`dkvkdwlc Qtnaeq. G|wkt{ QKZ kq l `g} olakckt{ tfxnwmf
}fkaf {nw al` hw{ l qaxkzt onx l xgmwclx k`tgxvlc nvgx l zgxknd no tkig onx qzgakokgd
linw`t nx onx l qzgakokgd |wl`tkt{. K`vgqtk`m k` iwtwlc ow`dq kq `nt gvgx{hnd{q awz
no tgl. Hgk`m dgzg`dg`t n` olatnxq qwaf lq l ocwatwltk`m qtnae ilxegt l`d xkqek`m {nwx
flxd)glx`gd in`g{ onx l iglqc{ zxnokt dngq `nt xglcc{ fgcz. Ko {nw lxg l dkqakzck`gd
k`vgqtnx fn}gvgx# l`d lxg k`tgxgqtgd k` iwtwlc ow`dq# tfg` tfg G|wkt{ Q{qtgiltka
K`vgqtig`t Zcl` &QKZ+ }nwcd }nxe }gcc onx {nw.
QKZ xg|wkxgq {nw tn k`vgqt l zlxtkawclx linw`t k` l qzgakoka iwtwlc ow`d qafgig. K`
anizlxkqn`# kt ow`atkn`q iwaf ckeg l xgawxxk`m dgznqkt. [nw al` zcl` l qlvk`mq
qafgig onx {nwxqgco l`d aniikt l zlxtkawclx qwi no in`g{ glaf in`tf n` l zxg)okgd
dltg tn tfg qafgig. [nw al` hgmk` }ktf lq cn} lq Xq 7:: k` GCQQ &G|wkt{ Ck`egd
Qlvk`m Qafgigq+ qafgig l`d invg n` tn Xq
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Fn}gvgx# tfg ilxegt `ggdq tn hg tkigd }gcc l`d tfkq }kcc tleg qnig tkig tn okmwxg nwt
onx tfg `nvkag nx hwq{ zcl{gx. Tfltq }fgxg QKZ }ktf ktq in`tfc{ zl{ qafgig anigq
k`tn tfg zkatwxg. Zwttk`m k` l qwi no in`g{ glaf in`tf }kcc g`qwxg tflt {nw flvg
qnigtfk`m k` }fg` tfg ilxegt kq fkmf# l`d }fg` kt kq cn} qgawxk`m {nwx znqktkn` k` l`
w`qtlhcg ilxegt.
Mgnbkt H@Z Zlxkhlq xgag`tc{ clw`afgd QKZ onx qtnae k`vgqtig`t }fgxg k` k`vgqtnxq
}ktf l xgmwclx in`tfc{ k`anig al` k`vgqt tfgkx in`tfc{ qlvk`mq k` qtnaeq no tfgkx
afnkag nx l hlqegt no qtnaeq. Tfg qgxvkag kq q{qtgi dxkvg` l`d n`ag tfg zxnagqq kq
k`ktkltgd# tfg k`vgqtnx al` g`bn{ tfg an`vg`kg`ag no k`vgqtk`m xgmwclxc{ k`tn tfg
qgcgatgd qtnae&q+ k` l qglicgqq il``gx. Mgnbkt H@Z Zlxkhlq zxnvkdgq tfkq qgxvkag n`
tfg k`tgx`gt# }fkaf ilegq kt glq{ onx k`vgqtnxq tn zcl` tfgkx qlvk`mq l`d k`vgqtig`tq lt
xgmwclx k`tgxvlcq.
Tfg dkqakzck`g lqqnakltgd }ktf k`vgqtk`m qtxkatc{ n` l xgmwclx hlqkq }nxeq iwaf hgttgx
tflt qgttk`m lqkdg cwiz qwiq glaf in`tf. Qk`ag {nw hgmk` lt l xgcltkvgc{ {nw`mgx lmg
tfg hg`goktq no aniznw`dk`m lxg lcc {nwxq. Tfg an`vg`kg`ag k`vncvgd tnn kq mnnd#
qk`ag {nw flvg tn qwhikt l xg|wgqt onx zwxaflqg no qflxgq n`c{ n`ag. QKZq }nxe onx
k`vgqtnxq k` tfg qckmftc{ cn`m xw` l`d lxg wqgowc tn tfnqg }fn }nxe n` okgd hwdmgtq
onx tfg in`tf# qk`ag tfg zxg)zcl``k`m fgczq. QKZ kq vgx{ wqgowc onx l tkig fnxkrn` no
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Q[QTGILTKA K@_GQTIG@T ZCL@
L Q{qtgiltka K`vgqtig`t Zcl` &QKZ+ kq l vgfkacg noogxgd h{ iwtwlc ow`dq tn fgcz
k`vgqtnxq qlvg xgmwclxc{. Kt kq bwqt ckeg l xgawxxk`m dgznqkt }ktf tfg znqt nookag nx hl`e
}fgxg {nw zwt k` l qilcc linw`t gvgx{ in`tf. Tfg dkoogxg`ag fgxg kq tflt tfg linw`t
kq k`vgqtgd k` l iwtwlc ow`d.
QKZ ilk`c{ fgczq wq tn mgt lddkatgd tn l` k`vgqtig`t zxk`akzcg
K`anig Qlvk`mq 9 Gzg`dktwxg# k`qtgld no onccn}k`m tfg zxk`akzcg no
K`anig ) Gzg`dktwxg 9 Qlvk`mq.
QKZ al` hg wqgd k` l`{ t{zg no iwtwlc ow`d# g|wkt{ nx okgd k`anig. Tfkq qtxltgm{ kq
hgqt wqgd k` l` g|wkt{ ow`d }fgxg l` k`vgqtnx al` alztwxg tfg vncltkckt{ k` tfg g|wkt{
ilxegtq tn xgdwag tfg anqt no k`vgqtig`t. Tfg @L_ no l`{ ow`d kq dgtgxik`gd h{ tfg
ilxegt zxkag no tfg qtnaeq tfg ow`d flq k`vgqtgd k`. ]fg` l` k`vgqtnx k`vgqtq l okgd
qwi gvgx{ in`tf nx |wlxtgx fg mgtq inxg w`ktq no tfg ow`d }fg` tfg ilxegtq lxg
dn}` l`d @L_ kq cn} tfl` }fg` tfg ilxegtq lxg wz l`d tfg @L_ kq fkmf. H{
k`vgqtk`m laxnqq tkig fnxkrn`q l`d ilxegt a{acgq# k`vgqtnxq qtl`d l hgttgx afl`ag no
cn}gxk`m tfgkx k`vgqtig`t anqt.
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QKZ lcqn fgczq k`vgqtnxq tn nvgxanig tfg zxnhcgi no }fg` tn k`vgqt k` tfg g|wkt{
ilxegtq lq kxxgqzgatkvg no tfg qtltg no tfg ilxegt l` k`vgqtnx kq lc}l{q k`vgqtgd. QKZ
tlegq l}l{ tfg dgakqkn`)ilek`m l`d an`vgxtq kt k`tn l igafl`krgd n`g. Tfg cn}gxk`m
no xkqe# h{ g`tgxk`m lt dkoogxg`t tkig zgxkndq# fn}gvgx flq tfg dkqldvl tlmg no
lvgxlmk`m nwt xgtwx`q.
L vgx{ kiznxtl`t lqzgat tn hg egzt k` ik`d kq tfg g`tx{ l`d gkt cnld aflxmgd h{ lcc
iwtwlc ow`dq. K` l `nxilc k`vgqtig`t inqt ow`dq gktfgx aflxmg g`tx{ cnld nx gkt cnld
Hwt k` l QKZ lcn`m }ktf l` g`tx{ cnld aflxmgd onx glaf k`qtlccig`t# l` gkt cnld kq
aflxmgd ko tfg zxnmxli kq }ktfdxl}` hgonxg l qzgakokgd zgxknd. Tfkq zgxknd anwcd vlx{
oxni qk in`tfq tn t}n {glxq. Tfkq dnwhcg }flii{ }kcc xgdwag tfg xgtwx`q k` tfg
qfnxt tgxi. Tfkq ilegq QKZ l` k`ocgkhcg k`vgqtig`t zxnmxli l`d gzg`qkvg ko
}ktfdxl}` zxgiltwxgc{ dwg tn w`onxgqgg` gigxmg`akgq.
Ok`lcc{# }fg` an`qkdgxk`m l QKZ# k`vgqtnxq qfnwcd `ntg tflt kt dngq `nt lqqwxg l xgtwx`
l`d an`tk`wg k`vgqtk`m }ktfnwt k`tgxxwztkn` lq ikqqk`m l og} k`qtlccig`tq anwcd cgld
tn tgxik`ltkn` no tfg QKZ. Qk`ag tfg tkig g|wkt{ ilxegtq flvg hgg` g`mwcogd h{
vncltkckt{# tfg inqt oxg|wg`tc{ fglxd ldvkag kq tflt hgqt }l{ tn k`vgqt k` g|wktkgq kq
k`vgqt vkl tfg q{qtgiltka k`vgqtig`t zcl` xnwtg onx cn`m)tgxi. ]fg` l` k`vgqtnx
afnnqgq tn k`vgqt k` iwtwlc ow`dq vkl l` QKZ# fg ilegq k`vgqtig`tq &wqwlcc{+ k`
qilccgx dg`nik`ltkn`q lt xgmwclx k`tgxvlcq no tkig xltfgx tfl` ilek`m l qk`mcg cwiz
qwi k`vgqtig`t. H{ dnk`m qn k`vgqtnx hg`goktq oxni tfg k`vgqtk`m zxk`akzcg e`n}` lq
Xwzgg Anqt Lvgxlmk`m. Kt kq bwqt ckeg l xgawxxk`m dgznqkt }ktf tfg znqt nookag nx hl`e
}fgxg {nw zwt k` l qilcc linw`t gvgx{ in`tf. Tfg dkoogxg`ag fgxg kq tflt tfg linw`t
kq k`vgqtgd k` l iwtwlc ow`d.
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QKZ lccn}q {nw tn k`vgqt l okgd linw`t xgmwclxc{# qn }fg` ow`dq @L_ kq inxg {nw
mgt cgqq w`ktq l`d }fg` ow`dq @L_ kq fkmfgx {nw mgt cgqq w`ktq# qn nvgx l cn`mgx tkig
oxlig# QKZ }kcc cn}gx tfg lvgxlmg zwxaflqg anqt no l` k`vgqtig`t.
L`ntfgx Hg`gokt no k`vgqtk`m k` g|wkt{ vkl QKZ kq {nw hg`gokt oxni Zn}gx no
Aniznw`dk`m
Lq l` k`vgqtnx# }fg` {nw gtg`d tfg k`vgqtig`t zgxknd# {nw al` glx` zxnokt n` {nwx
awxxg`t zxnokt# l`d laawiwcltg inxg }glctf. Tfkq xgktgxltgq tfg olat tflt k`vgqtk`m
oxgqf alzktlc lt zgxkndka k`tgxvlcq xlkqgq tfg laawiwcltgd k`vgqtig`t.
Tfg ik`kiwi linw`t tn hg k`vgqtgd al` hg lq qilcc lq
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G|wkt{ QKZ lccn}q {nw tn q{qtgiltkalcc{ k`vgqt l zxgqzgakokgd qwi hw{ l zxgqzgakokgd
|wl`tkt{ no qflxgq nvgx l`{ dgok`gd zgxknd no tkig k` l dkqakzck`gd il``gx. [nw al`
tfgxgonxg k`vgqt lt zxgdgok`gd k`tgxvlcq }ktfnwt tfg `ggd tn }nxx{ lhnwt tfg xkmft tkig
tn k`vgqt k` tfg G|wkt{ ilxegt.
W`ckeg k` tfg alqf qgmig`t# }fgxg {nw flvg tn tkig tfg ilxegt tn ileg mlk`q# G|wkt{
QKZ fgczq {nw tn hxk`m dn}` {nwx lvgxlmg anqt no la|wkqktkn` no qflxgq dwg tn tfg
lvgxlmk`m zxk`akzcg.
G|wkt{ QKZ gckik`ltgq tfg `ggd onx {nw tn latkvgc{ txlae tfg ilxegt l`d fgczq k`
dkqtxkhwtk`m {nwx k`vgqtig`t nvgx l zgxknd no tkig.
An`agzt no Q{qtgiltka K`vgqtig`t Zcl` &QKZ+
Bwqt ckeg hl`eq l`d Znqt nookag noogxq xgawxxk`m dgznqkt qafgigq# iwtwlc ow`dq noogx
l` QKZ nztkn`. K`vgqtnxq nztk`m onx l` QKZ nztkn` aniikt k`vgqtk`m l zxg)qzgakokgd
qwi no in`g{ lt xgmwclx k`tgxvlcq &mg`gxlcc{ gvgx{ in`tf+ k` l zlxtkawclx iwtwlc ow`d
qafgig. Glaf zgxkndka k`vgqtig`t g`tktcgq k`vgqtnxq tn xgakgvg w`ktq no tflt iwtwlc
ow`d qafgig# }fkaf kq qwhbgat tn ktq @L_ zxgvlkck`m lt tflt tkig.
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]nxek`m no QKZ
Cgt wq tleg l` glizcg tn w`dgxqtl`d fn} l` QKZ }nxeq. Qwzznqg -V- dgakdgq tn
k`vgqt k` l iwtwlc ow`d tfxnwmf QKZ. Fg aniiktq ilek`m l in`tfc{ k`vgqtig`t no Xq
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@ntg2 G`tx{ l`d gkt cnldq lxg lzzckalhcg }fkcg k`vgqtk m tfxnwmf QKZ nztkn` lcqn
Fn}gvgx# k` tfkq glizcg# cnld flq `nt hgg` tleg` k`tn an`qkdgxltkn` onx tfg zwxznqg
no qkizckokaltkn`.
Hg`goktq tn -V-
An`vg`kg`ag l`d loonxdlhkckt{ hgalwqg no l` glq{ zl{ig`t igtfnd
Fgczq V tn dgvgcnz tfg flhkt no dkqakzck`gd k`vgqtk`m lq fgqfg kq anizgccgd tn owcokcc
fkqfgx aniiktig`t no ilek`m l okgd zl{ig`t gvgx{ in`tf
Xwzgg anqt lvgxlmg hg`gokt ) H{ k`vgqtk`m tfxnwmf tfg QKZ xnwtg# -V- xgakgvgq
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Ogltwxgq no QKZ
{nw al` }k` blaeznt gvgx{ dl{,+Tfkq zxnhcgi kq gckik`ltgd tfxnwmf Xwzgg
Anqt Lvgxlmk`m.
Tn w`dgxqtl`d tfkq cgtq tleg l` gvlizcg
{nw qtlxtgd k`vgqtk`m Xq
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linw`tq an`tk`wnwqc{# {nwx k`vgqtig`t }kcc lvgxlmg nwt nvgx l zgxknd no tkig. Qn tfg
xkqe }kcc hg cgqq `n ilttgx fn} tfg qtnae ilxegtq lxg.
1. Aniznw`dk`m googat
Kt igl`q tfg glxc{ {nw k`vgqt tfg hgttgx {nw mlk`. Cgtq ql{ {nw zcl``gd onx QKZ onx
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Hg`goktq no QKZ
K`vgqtig`tq lxg an`qkqtg`t l`d qtgld{.
Zn}gx no Aniznw`dk`m2 Inxg tfg cg`mtf no k`vgqtig`t# inxg tfg
glx`k`mq& glxc{ hkxd ldvl`tlmg+
Zn}gx no Xwzgg Anqt Lvgxlmk`m2 Ilxegtq vncltkckt{ qflcc }nxe }n`dgxq onx
{nw.
Kt kq l` g`tkxgc{ igafl`krgd zxnagqq l`d k`vncvgq `n anizckaltkn`q.
Kt g`lhcgq tn nvgxanig qzg`dk`m l`d g`anwxlmgq qlvk`mq# tfgxgh{ qgawxk`m
owtwxg.
Kt }kcc `nt alwqg qtxlk` n` n`gq hwdmgt lq k`vgqtig`t linw`t al` hg qn cgqq tfl`
n`g dngq `nt xglckrg ktq hgk`m }ktffgcd.
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ZN]GX NO ANIZNW@DK@M2
N`g al``nt loonxd tn km`nxg K`ocltkn` lq }gcc lq Tkig vlcwg no in`g{,
K qflcc tleg t}n glizcgq tn gzclk` tfkq an`agzt. ]ktf tfg fgcz no tfg glizcgq# {nw
w`dgxqtl`d tfg }nxtf no k`vgqtk`m glxc{ l`d xgmwclxc{ l`d tn qtl{ k`vgqtgd nvgx l cn`m
zgxknd no tkig.
Fgczq k` Aniznw`dk`m [nwx ]glctf
Mgttk`m xkaf kq qkizcgx tfl` {nw tfk`e# fgxg-q l qkizcg onxiwcl tn mgt xkaf2
Qtlxt Glxc{ % K`vgqt Xgmwclxc{ 9 Axgltg ]glctf
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ZN]GX NO XWZGG ANQT L_GXLMK@M2
Ilxegtq an`dktkn`q lxg `gvgx qtgld{. Tfg{ invg wz# dn}` nx qtl{ oclt. Ko n`g }l`tq tn
tleg ldvl`tlmg no tflt# n`g k`vgqtq l okgd xwzgg linw`t lt agxtlk` xgmwclx k`tgxvlcq
l`d tfwq hg`goktq oxni ilxegt vncltkckt{. Tfkq kq kccwqtxltgd vgx{ acglxc{ k` tfg zkatwxg
hgcn}.
K`vgqt Xgmwclxc{ ) Okmftq Ilxegt _ncltkckt{
Gvgx{ k`vgqtnx dxgliq no zwxaflqk`m qtnaeq lt l cn} zxkag l`d qgcck`m kt lt l fkmfgx
zxkag. Hwt# fn} dngq n`g e`n} }fgtfgx l`{ mkvg` tkig kq tfg xkmft tkig tn hw{ nx
qgcc> Il`{ xgtlkc k`vgqtnxq tx{ tn bwdmg tfg ilxegt invgig`tq l`d g`d wz cnqk`m tfgkx
in`kgq k` tfg cn`m tgxi. L inxg qwaagqqowc qtxltgm{ kq -Xwzgg Anqt Lvgxlmk`m
}fgxgk` {nw k`vgqt l okgd linw`t xgmwclxc{. Tfwq {nw zwxaflqg inxg }fg` tfg
zxkagq lxg cn} l`d zwxaflqg cgqq }fg` tfg zxkagq lxg fkmf. QKZ k`vgqtig`tq tleg
ldvl`tlmg no tfkq qtxltgm{
K` tfg cn`m tgxi# tfg QKZ k`vgqtnx mlk`q lq fkq k`vgqtig`tq lxg w`loogatgd h{ ilxegt
vncltkckt{.
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Dkqldvl`tlmgq no QKZ
@n dn}`qkdg Zxntgatkn` ) K`vgqtnxq qfnwcd xgigihgx tflt dgqzktg no lcc tfg ldvl`tlmgq tflt QKZq
flvg# tfg{ lxg qwhbgat tn ilxegt xkqeq l`d dn `nt zxntgat k`vgqtnxq oxni ilek`m l cnqq nx g`qwxg
tfgi zxnoktq k` olcck`m ilxegtq.
Znxtonckn xkqe xgilk`q ) QKZq lxg lcqn qwhbgat tn qgawxkt{ xkqe. Iwtwlc ow`d qafgigq k`vgqtk`m k`
znxtoncknq tflt twx`q nwt tn mg`gxltg `gmltkvg xgtwx`q lxg hnw`d tn ileg k`vgqtnxq k`awx l cnqq
gvg` ko tfg k`vgqtig`t kq ildg tfxnwmf QKZq.
Kdglc Zxnokcg no K`vgqtnxq
K`vgqtnxq nztk`m tn k`vgqt tfxnwmf l` QKZ nztkn` qfnwcd2 flvg l cn`m)tgxi k`vgqtig`t fnxkrn`
hg }kcck`m tn k`vgqt xgmwclxc{# eggz zltkg`ag5 l`d }fn al``nt k`vgqt g`nwmf linw`t lt n`g mn
Hgonxg nztk`m onx QKZq
QKZ nztkn` kq lvlkclhcg onx lcc t{zgq no ow`dq. Tfkq lxkqgq tfg `ggd onx k`vgqtnxq tn dn l ckttcg
fnig}nxe k` nxdgx tn mgt tfg ilkiwi xgtwx`q nwt no tfgkx k`vgqtig`t.
Dgok`k`m tfg k`vgqtig`t nhbgatkvg
K`vgqtnxq qfnwcd k`vgqt }ktf l acglx nhbgatkvg k` tfgkx ik`d. Kt fgczq tn okmwxg nwt l` k`dkaltkvg
tkig zgxknd onx }fkaf tfg k`vgqtig`tq }nwcd flvg tn hg ildg.
Dgtgxik`k`m tfg k`vgqtig`t qwxzcwq
K`vgqtnxq qfnwcd gqtkiltg tfg linw t tflt tfg{ al` loonxd tn k`vgqt n` l zgxkndkalc hlqkq
K`vgqtnxq qfnwcd hg an`qgxvltkvg }fkcg ilek`m tfkq gqtkiltg lq l` nvgx gqtkiltgd zgxkndkalc
k`vgqtig`t linw`t il{ twx` nwt tn hg l hwxdg` onx k`vgqtnxq.
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Iltafk`m zgxkndkakt{ tn ow`d ocn}q
QKZq lxg lvlkclhcg k` in`tfc{ l`d |wlxtgxc{ nztkn`q. K`vgqtnxq qfnwcd nzt onx l` nztkn` tflt kq k`
tl`dgi }ktf tfg zgxkndkakt{ no alqf k`ocn}q.
Qgcgatk`m l` lzzxnzxkltg qafgig altgmnx{
Hgonxg k`vgqtk`m k`vgqtnxq qfnwcd tleg tfg xkqe) xgtwx` zxnokcg no l qafgig k`tn an`qkdgxltkn`.
K`vgqtnxq qfnwcd afnnqg l qafgig tflt qwktq tfgkx k`vgqtig`t nhbgatkvg. Onx glizcg2 G|wkt{
ow`dq lxg xganiig`dgd tn k`vgqtnxq }fn flvg l fkmf xkqe tlek`m alzlakt{# dght ow`dq onx xkqe)
lvgxqg k`vgqtnxq l`d hlcl`agd ow`dq onx k`vgqtnxq }ktf indgxltg xkqe tlek`m alzlakt{.
Zgxonxik`m ow`d il`lmgx
Lcc ow`d qafgigq lxg il`lmgd h{ l ow`d il`lmgx. K`vgqtnxq qfnwcd qgcgat l qafgig }fkaf kq
il`lmgd h{ l zxnvg` l`d qwaagqqowc ow`d il`lmgx. Fn}gvgx# zlqt zgxonxil`agq dn `nt lqqwxg
mnnd xgtwx`q k` tfg owtwxg# hwt dn onxi l hlqkq onx dgakqkn` ilek`m.
Km`nxg tfg ilxegt q}k`mq
K` tfg qfnxt tgxi# qg`tkig`tq dxkvg tfg invgig`tq k` tfg ilxegt. Tfgxgonxg# k`vgqtnxq qfnwcd `nt
cgt l qfnxt tgxi anxxgatkn` nx olcc k` tfg ilxegtq tn hntfgx tfgi. Lq cn`m lq tfg cn`m tgxi
zxnqzgatq lxg k`tlat# tfg k`vgqtig`tq lxg qlog.
Zgxkndkalc xgvkg} no k`vgqtig tq
Lotgx qgcgatk`m l` lzzxnzxkltg qafgig l`d ilek`m k`vgqtig`t k` kt# k`vgqtnxq qfnwcd
an`tk`wnwqc{ in`ktnx tfg zgxonxil`ag no qkikclx qafgigq tn tfg n`g k` }fkaf tfg k`vgqtig`t kqdn`g. Tfkq g`lhcgq k`vgqtnxq tn anizlxg tfg zgxonxil`ag no tfgkx qafgig }ktf anxxgqzn`dk`m
qafgigq l`d ileg `gagqqlx{ ldbwqtig`tq# ko xg|wkxgd.
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Tkigoxlig onx Iwtwlc Ow`d QKZ2
Tfgnxgtkalcc{ dnk`m l Iwtwlc ow`d QKZ onx cn`m tgxi }kcc }nxe onx k`vgqtnxq. Hwt onx zxlatkal
xglqn`q }g `ggd tn aniikt l Iwtwlc Ow`d QKZ onx qfnxt tgxi. Tflt kq }g `ggd tn hxgle tflt cn`m
tgxi k`tn il`{ ? in`tfq nx < {glx zgxkndq l`d aniikt {nwx Iwtwlc Ow`d QKZ onx okxqt ? in`tf
nx < {glx.
Tfg` lt tfg g`d no ? in`tf nx < {glx xg`g} {nwx Iwtwlc Ow`d QKZ onx l`ntfgx ? in`tf nx [nw `ggd tn xgvkg} tfkq zgxkndkalcc{. Tfg qafgig il{ twx` nwt tn hg l
clmmlxd.
) Tfg qafgig il{ hg zgxonxik`m }gcc }fg` {nw flvg afnqg` onx dnk`m iwtwlc ow`d QKZ.
Hwt nvgx l zgxknd no tkig# kt anwcd flvg dgxlkcgd oxni ktq zgxonxil`ag. Tfkq kq qnigtfk`m ckeg
nwx axkaegt zcl{gxq. Tfg{ }kcc hg k` l mnnd onxi k` tfg mlig onx qnig zgxknd no tkig. Tfg` tfg{
}kcc cnqg tfgkx onxi lotgx qnigtkig. Qn {nw `ggd tn zgxkndkalcc{ afgaewz }fgtfgx tfg ow`d kq
zgxonxik`m @N] nx `nt.
) Ko {nw lxg aniikttk`m l Iwtwlc Ow`d QKZ onx
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G|wkt{ Gznqwxg k` Nvgxlcc Znxtonckn l`d Iwtwlc Ow`d QKZ2
Fn} iwaf g|wkt{ gznqwxg {nw al` mkvg tn {nwx nvgxlcc znxtonckn al` afl`mg tfg linw`t no
Iwtwlc Ow`d QKZ k` g|wkt{ l`d dght.
) Lq tfg lmg mngq wz# {nwx lhkckt{ tn tleg xkqe anigq dn}`. Qn {nw `ggd tn afl`mg {nwx g|wkt{
iwtwlc ow`d QKZ an`txkhwtkn` zgxkndkalcc{.
) Fn} acnqg nx dkqtl`t {nw lxg tn lafkgvg {nwx ok`l`aklc mnlcq }kcc lcqn dgakdg {nwx g|wkt{
gznqwxg. Ko {nw flvg mnt cn`m zgxknd tn lafkgvg {nwx ok`l`aklc mnlc tfg` {nw al` flvg inxg
g|wkt{ gznqwxg. ]fg` {nw flvg qfnxt zgxknd tn lafkgvg {nwx ok`l`aklc mnlc# tfg` {nw `ggd tn
xgdwag {nwx g|wkt{ gznqwxg.
) Xghlcl`ak`m {nwx znxtonckn hlqgd n` {nwx zxgdgtgxik`gd lqqgt lccnaltkn` }kcc lcqn dgakdg {nwx
g|wkt{ gznqwxg.
Lcc tfkq al` afl`mg {nwx Iwtwlc Ow`d QKZ linw`t k` g|wkt{ ow`dq.
Ok`lc vgxdkat n` Iwtwlc Ow`d QKZ2
Qn aniikttk`m l Iwtwlc Ow`d QKZ onx cn`m tgxi cnneq mnnd n` zlzgx. Onx zxlatkalc xglqn`q }g
`ggd tn aniikt onx qfnxt tgxi l`d xg`g} kt lt tfg g`d no gvgx{ qfnxt tgxi tkcc lafkgvk`m nwx
ok`l`aklc mnlcq.
K` tfkq xgmlxd# k`qtgld no aniikttk`m l Iwtwlc Ow`d QKZ bwqt ckeg tflt# flvk`m l cn`m tgxi
ok`l`aklc zcl` l`d aniikttk`m Iwtwlc Ow`d QKZ hlqgd n` tflt zcl` }kcc hg xglcc{ oxwktowc. Tfkq
}kcc ileg l qnckd dkoogxg`ag k` lafkgvk`m {nwx ok`l`aklc mnlcq.
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]f{ q{qtgiltka k`vgqtig`t zcl`>
QKZ xgogxq tn Q{qtgiltka K`vgqtig`t Zcl` }fkaf kq l indg no k`vgqtig`t k` G|wkt{ k`l an`qkqtg`t }l{. Tkik`m tfg ilxegt kq `nt glq{5 fg`ag l q{qtgiltka k`vgqtig`t zcl`
}nxeq lq tfg hgqt vgfkacg tn xkdg tfxnwmf tfg ilxegt vncltkcktkgq.
Onx k`qtl`ag Xq 7#::: qlvgd l`d k`vgqtgd gvgx{ in`tf onx l zgxknd no 8: {glxq
}nwcd mxn} tn Xq 1: clefq lt l an`qgxvltkvg xltg no 6' }fgxglq l qtgld{ xgtwx` no
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Qkzq tg`d tn w`dgxzgxonxi k` l an`qkqtg`tc{ xkqk`m ilxegt qk`ag tfg hlqka zxk`akzcg no
l QKZ kq anqt lvgxlmk`m. Ko ilxegtq lxg an`qkqtg`tc{ xkqk`m# {nw }nwcd g`d wz k`vgqtk`m
lt fkmfgx ilxegtq l`d mgt cn}gx `wihgx no w`ktq. Qn Qkzq cnqg tfgkx gdmg ko ilxegtq
lxg `nt vncltkcg l`d tfgxg lxg `n wzq l`d dn}`q qk`ag lvgxlmk`m an`agzt }kcc `nt
}nxe. Qn k` `wtqfgcc# {nw dn`t flvg tn aniikt hkm linw`t k` n`g mn hwt qilcc
linw`t glaf in`tf }kcc bwqt hg zgxogat. Dn`t }nxx{ lhnwt qtnzzk`m l`d qtlxtk`m no
QKZ k` xkqk`m nx olcck`m ilxegtq lq tfkq dgogltq zwxznqg no QKZ. Tfg }fncg znk`t no
QKZq kq tflt ilxegt invgig`t `ggd `nt an`agx` {nw lt lcc.
Kt kq kiznxtl`t tn w`dgxqtl`d tflt K`dkl` alzktlc ilxegt kq n`g no tfg inqt lttxlatkvg k`
tgxiq no xkqe ldbwqtgd xgtwx` k` tfg }nxcd. Qg`qg flq {kgcdgd l` lvgxlmg aniznw`dgd
l``wlc xgtwx` no
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Onx k`qtl`ag # flvg l acnqg cnne lt xgtwx`q mg`gxltgd h{ og} g|wkt{ qafgigq tfxnwmf
QKZq nvgx l
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Qwzgx Aniznw`dk`m2 ko k`vgqtig`tq no < clef K@X k`axglqgq h{
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Lxg g|wkt{ q{qtgiltka k`vgqtig`t zcl`q }nxtf kt>
@n})l)dl{q# }ktf tfg googat no xkqk`m k ocltkn # tfg kiznxtl`ag no in`g{ kq k`axglqk`m
dl{ h{ dl{. In`g{ flq hganig tfg okxqt zxknxkt{ k` gvgx{n`gq ckog lq kt kq `ggdgd k`
vlxknwq qtlmgq no ckog lt l`{ tkig. K` tfkq gzg`qkvg }nxcd# kt kq w`}kqg tn eggz in`g{
kdcg. Qn# tfg `ggd kq tn ileg in`g{ oxni tfg in`g{ }g flvg }fkaf al` hg lafkgvgd
h{ ilek`m tfg xkmft k`vgqtig`tq. Tfnwmf tfg g|wkt{ ilxegt mkvgq mnnd xgtwx`q# kt kq
fkmfc{ vncltkcg dwg tn ktq an`qtl`t xkqg l`d olcc. @n}# tfg |wgqtkn` lxkqgq lq tn fn} al`
n`g qlogmwlxd tfgkx in`g{ oxni ilxegt vncltkckt{> Tfg l`q}gx ckgq k` Q{qtgiltka
K`vgqtig`t Zcl`q k` G|wkt{.
]fn al` dglc k` tfg G|wkt{ ilxegt>
L`{n`g al` g`tgx tfg g|wkt{ ilxegt l`d hwkcd tfgkx n}` znxtonckn tfxnwmf DK[)QKZ k`
g|wktkgq# l zxndwat noogxgd h{ FDOA qgawxktkgq. DK[ QKZ qtl`dq onx Dn Kt [nwxqgco
Q{qtgiltka K`vgqtig`t Zcl`. L`ntfgx nztkn` kq tfg Xgckl`ag Qgawxktkgq no tfg L`kc
Lihl k mxnwz k`txndwagd XQZ &Xgqglxaf Qtnae Zwxaflqg+. DK[)QKZ lccn}q tfg
awqtnigxq tn g`tgx k` tfg ilxegt }ktf qilcc k`vgqtig`tq. Kt zxnvkdgq l q{qtgiltka }l{
tn mlk` dkxgat gznqwxg k` tfg g|wkt{ ilxegtq. KAKAK qtlxtgd tfg `g} an`agzt no g|wkt{
QKZq n` tfg ck`gq no iwtwlc ow`dq. Kt k`vgqtq l okgd linw`t gvgx{ in`tf nx k`vgqtq k`
l okgd `wihgx no qtnaeq dlkc{ }fgxg n`g al` k`vgqt k` l`{ hcwg afkz ow`dq nx
Gafl`mg Txldgd Ow`d >O+.
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Lhnwt Hcwg Afkz Ow`dq
Hcwg afkz vlcwg ow`dq zxnvkdg wzdltgq n` in`tfc{ fncdk`mq n` nx lxnw`d tfg
Kt lccn}q {nw tn hw{ qflxgq# mncd gta. lt cn} xltg l`d }gcc qzlagd nwt k`tgxvlcq l`d qgcc
tfgi }fg` tfg xltgq lxg fkmf. Tfgxg kq l cnae)k` zgxknd no QKZq no 1 {glxq lotgx }fkaf
n`g al` afnnqg tn qtl{ k`vgqtgd k` tfg QKZ nx alqf nwt. N`g ikqtleg aniikttgd h{
il`{ k`vgqtnxq kq tflt tfg{ hw{ qflxgq lt fkmf xltgq l`d qgcc tfgi }fg` tfg ilxegt kq
mnk`m dn}`. G|wkt{ QKZ g`lhcgq n`g tn lvnkd tfkq ikqtleg.
G|wkt{ QKZq lcqn fgcz n`g h{ lvnkdk`m tfg xkqe no hw{k`m qflxgq lt fkmf xltgq. Il`{ l
tkig# kt il{ hg znqqkhcg tflt onx agxtlk` zgxknd no tkig# tfg ilxegt kq invk`m dn}`.
Lt tfkq tkig {nw qfnwcd `nt mgt zl`kaegd l`d alqf nwt no {nwx k`vgqtig`tq. [nw iwqt
an`tk`wg {nwx k`vgqtig`t tfxnwmf G|wkt{ QKZq l`d mkvg tfgi qnig tkig
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tn hglx oxwkt. G|wkt{ Q{qtgiltka K`vgqtig`t Zcl`q lxg igl`t onx cn`m tgxi k`vgqtnxq
Inxgnvgx# tfg afnkag no tfg qtnae qfnwcd hg ildg hlqgd n` tfg ow`dlig`tlcq no tfg
anizl`{.
G|wkt{ QKZq lxg gtxgigc{ hg`gokaklc onx tfnqg }fn dn `nt e`n} }fg` tn g`tgx l`d
gkt tfg ilxegt. ]ktf tfg fgcz no Xwzgg anqt lvgxlmk`m# n`g tg`dq tn k`vgqt l okgd
qwi l`d `nt k` l okgd `wihgx no qflxgq. Tfkq zxlatkag }nxeq inxg notg` tfl` `nt onx
k`vgqtnxq. Lcqn# tfxnwmf G|wkt{ QKZq# tfgxg kq `n `ggd tn zl{ gtxl aflxmgq onx hw{k`m
qflxgq. Fn}gvgx# n`g iwqt w`dgxqtl`d tflt gvgx{tfk`m dngq flvg l ockz qkdg l`d k`
tfkq alqg# tfg dkqldvl`tlmg kq tflt g|wkt{ QKZq hgk`m ilxegt ck`egd k`qtxwig`tq# tfg
xkqe k`vncvgd kq lcqn qwhqtl`tklc.
]fg` l`{n`g k`vgqtq k` G|wkt{ QKZq# `n lddktkn`lc anqt kq lzzckalhcg ntfgx tfl` tfg
aflxmgq no tfg xgmwclx hxnegxlmg l`d tfg anqt onx ilk`tlk`k`m l` laanw`t tn fncd
qflxgq k` gcgatxn`ka onxilt.
G|wkt{ QKZ }nxeq lcinqt ckeg Iwtwlc Ow`dq &IOq+. Hxnek`m aflxmgq vlx{ dgzg`dk`m
n` tfg k`vgqtnxq5 tfg{ iwqt w`dgxqtl`d tfg ilxegt l`d tfg` k`vgqt. Tndl{# qnig Lqqgt
Il`lmgig`t Anizl`kgq &LIAq+ nx iwtwlc ow`d fnwqgq lcqn zxnvkdg tfg glqg l`d
an`vg`kg`ag no txl`qlatk`m mligq. Tfg{ flvg qgt wz tfgkx n`ck`g txl`qlatkn`q
zcltonxiq# }fgxg n`g al` k`vgqt k QKZq tfxnwmf KZK@ &K`tgx`gt Zgxqn`lc Kdg`tkokaltkn`
@wihgx+. Onx l zgxqn` k`vgqtk m k tfg ilxegt# tfg `gagqqlx{
an`dktkn` kq tflt tfg{ qfnwcd hg zltkg`t. N`g iwqt w`dgxqtl`d tflt tfg{ flvg tn qtl`d
tfgkx mxnw`d dwxk`m ilxegt q}k`mq.
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Qnigtkigq# tfg ilxegt il{ qgg l ilbnx anxxgatkn`. Dwxk`m qwaf qktwltkn`q# l`
k`vgqtnx qfnwcd tx{ l`d hw{ qflxgq qn tflt tfg cnqq k` zxgvknwq k`vgqtig`tq mgtq
ldbwqtgd. ]fg` tfg ilxegt xkqgq lmlk`# n`g al` qgcc tfg qflxgq l`d hnne zxnoktq. Ko l
zgxqn` k`vgqtq k` l }xn`m k`qtxwig`t# fg qfnwcd gkt kt lq qnn` lq znqqkhcg. ]ktf tfg
linw`t glx`gd# fg al` hw{ l`ntfgx zxndwat lotgx an`dwatk`m fkq xgqglxaf.
G|wkt{ QKZq fgczq n`g tn mxldwlcc{ k`axglqg tfgkx }glctf h{ k`vgqtk`m qilcc linw`t no
in`g{ xgmwclxc{# nvgx l cn`m zgxknd no tkig.
Tfwq }g qgg tflt tfg lvgxlmg w`kt anqt w`dgx Q{qtgiltka K`vgqtig`t Zcl` }kcc lc}l{q
hg cgqq tfl` tfg lvgxlmg zwxaflqg zxkag zgx w`kt kxxgqzgatkvg no tfg ilxegt xkqk m#
olcck`m nx ocwatwltk`m.
In`tf
Linw`t
K`vgqtgd
&Xq.+
Xkqk`m Ilxegt
Olcck`m
Ilxegt
_ncltkcg
Ilxegt
@L_
W`ktq
Lccntgd @L_
W`ktq
Lccntgd @L_
W`ktq
Lccntgd
<
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Dkoogxg`ag no QKZ k` Ocwatwltk`m Ilxegt l`d
Xkqk`m Ilxegt
Cgt wq qwzznqg tflt {nw }nwcd ckeg tn k`vgqt Xq.
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Tfgxgonxg# tfg lvgxlmg w`kt anqt kq cn}gx tfl` lvgxlmg w`kt zxkag kxxgqzgatkvg no
ilxegt xkqk`m nx ocwatwltk`m. Tfkq flzzg`q hgalwqg {nw mgt tfg ldvl`tlmg no hw{k`m
inxg w`ktq }fg` tfg ilxegt kq cn} l`d lvgxlmk`m nwt tfg zwxaflqg zxkag.
Lvgxlmg
W`kt Anqt
&Xq.
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Anizlxltkvg L`lc{qkq no Q{qtgiltka
K`vgqtig`t Zcl` l`d Cwiz Qwi K`vgqtig`t
Iwtwlc Ow`dq nvgx tfg {glxq flvg mlk`gd kiig`qgc{ k` tfgkx znzwclxkt{. Lzlxt oxni
tfg il`{ ldvl`tlmgq tflt k`vgqtk`m k` iwtwlc ow`dq zxnvkdg ckeg dkvgxqkokaltkn`
zxnogqqkn`lc il`lmgig t# tfg glqg no k`vgqtig`t zxnagqq flq zxnvgd tn hg l ilbnx
g`lhck`m olatnx. Fn}gvgx# }ktf tfg k`txndwatkn` no k``nvltkvg zxndwatq# tfg }nxcd no
iwtwlc ow`dq `n}ldl{q flq l cnt tn noogx tn ktq k`vgqtnxq. ]ktf tfg k`txndwatkn` no
dkvgxqg nztkn`q# k`vgqtnxq `ggdq tn afnnqg l iwtwlc ow`d tflt iggtq fkq xkqe
laagztl`ag l`d fkq xkqe alzlakt{ cgvgcq l`d flq qkikclx k`vgqtig`t nhbgatkvgq lq tfg
k`vgqtnx.
Inqt kiznxtl`tc{# iwtwlc ow`dq zxnvkdg xkqe dkvgxqkokaltkn`2 dkvgxqkokaltkn` no l
znxtonckn kq lin`mqt tfg zxkilx{ tg`gtq no znxtonckn qtxwatwxk`m# l`d l gagqqlx{ n`g tn
xgdwag tfg cgvgc no xkqe lqqwigd h{ tfg znxtonckn fncdgx. Inqt no wq lxg `nt
`gagqqlxkc{ }gcc |wlckokgd tn lzzc{ tfg tfgnxkgq no znxtonckn qtxwatwxk`m tn nwx fncdk`mq
l`d fg`ag }nwcd hg hgttgx noo cglvk`m tflt tn l zxnogqqkn`lc. Iwtwlc ow`dq xgzxgqg`t
n`g qwaf nztkn`.
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Clqtc{# Gvlcwltg zlqt zgxonxil`ag# cnne onx qtlhkckt{ l`d lctfnwmf zlqt zgxonxil`ag kq
`n mwlxl`tgg no owtwxg zgxonxil`ag# kt kq l wqgowc }l{ tn lqqgqq fn} }gcc nx hldc{ l
ow`d flq zgxonxigd k` anizlxkqn` tn ktq qtltgd nhbgatkvgq l`d zggx mxnwz. L mnnd
}l{ tn dn tfkq }nwcd hg tn kdg`tko{ tfg okvg hgqt zgxonxik`m ow`dq &}ktfk` {nwx
qgcgatgd k`vgqtig`t nhbgatkvgq+ nvgx vlxknwq zgxkndq# ql{ 1 in`tfq# ? in`tfq# n`g
{glx# t}n {glxq l`d tfxgg {glxq. Qfnxtckqt ow`dq tflt lzzglx k` tfg tnz 7 k` glaf no
tfgqg tkig fnxkrn`q lq tfg{ }nwcd flvg tfwq dgin`qtxltgd tfgkx lhkckt{ tn hg `nt n`c{
mnnd hwt lcqn# an`qkqtg`t zgxonxigxq.
QKZ l`d Cwiz qwi lxg tfg t}n tgaf`k|wgq tn k`vgqt k` iwtwlc ow`dq. L`{ k`vgqtnx al`
afnnqg n`g nwt no tfgi l`d al` k`vgqt tfgkx in`g{ k`tn iwtwlc ow`dq. QKZ kq
Q{qtgiltka K`vgqtig`t Zcl` }fkaf kq vgx{ fgczowc tn qlclxkgd l`d ikddcg aclqq il`
Tfg{ al` k`vgqt tfgkx qlvk`m k`tn Q{qtgiltka K`vgqtig`t Zcl` l`d al` anccgat fwmg
ow`dq onx owtwxg.
QKZ kq zlkd k` in`tfc{ nx |wlxtgxc{ lq zgx tfg qafgig. Hwt cwiz qwi kq zlkd n`c{ n`g
tkig l`d tfg }fncg txl`qlatkn` kq hlqgd n` tfkq k`vgqtk`m in`g{. Nztk`m QKZ# l`
k`vgqtnx al` k`vgqt tfgkx qlvk`m k`tn kt l`d al` qlog fkq in`g{ dnk`m tflt. QKZ kq mnnd
hgalwqg ko kt qggiq tflt ilxegt }kcc mngq dn}` k` og} dl{q qn l` k`vgqtnx al` qlogc{
}ktfdxl} fkq in`g{ l`d al` qlog fkq in`g{.
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K`vgqt lq {nw Glx`,,,
L` k`dkvkdwlcq tg`dg`a{ktq qn vgx{ qtxl`mg l`d hloock`m, ]g zwxaflqg g|wkzig`tq
k` hwce ko }g mgt kt lt afglzgx xltgq l`d }fg` tfg{ lxg anqtc{# }g tg`d tn zwxaflqg
cgqqgx. Hwt tfkq tg`dg`a{ tlegq l xgvgxqg q}k`m }fkcg }g tlce no qlvk`mq l`d
k`vgqtig`t. K` alqg no qlvk`mq l`d k`vgqtig`t# }fg` tfg zxkagq lxg fkmf# }g zwxaflqg
qtnaeq }fkcg }g qgcc }fg` tfg zxkagq lxg vgx{ cn}. Tfkq kq l t{zkalc zlttgx` bwqtko{k`m
tfg dwlc qg`tkig`tq no mxggd l`d oglx ow`atkn`k`m }fkaf cgldq wq tn dkookawctkgq
K`dkvkdwlcq qfnwcd w`dgxqtl`d l`d lzzc{ qlig cnmka tn g|wktkgq qkikclx tn hw{k`m
zxndwatq k` tfg anwxqg no l dkqanw`t qlcg.
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Qlvk`mq2 Glx`k`mq Gzg`dktwxgq
Hwt tfgqg qlvk`mq lxg tleg` nvgx h{ k`ocltkn`. Inqt no wq lxg w`l}lxg }fkcg tfnqg }fn
lxg km`nxg tfg googat no k`ocltkn` }fkcg an`qkdgxk`m k`vgqtig`tq.
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Fg`ag# n`g iwqt cglx` tn k`vgqt qilxtc{. Ko n`g ekaeq noo k`vgqt lt l` glxc{ qtlmg no
ckog l`d eggzq an`tk`wk`m kt lt xgmwclx k`tgxvlcq# fg al` mltfgx l qkrglhcg linw`t onx
owtwxg. Ilbnxkt{ no wq zxnaxlqtk`ltg qlvk`mq. Tfg inxg {nw znqtzn`g inxg tfg cnqq.
Qn# qlvk`mq iwqt hg no wtinqt qkm`kokal`ag k` n`gq ckog. QKZ al` olakcktltg qlvk`mq k` l
q{qtgiltka l`d fl`d{ }l{.
G|wkt{ ) Tfg hgqt lqqgt aclqq
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G|wkt{ mkvgq hgqt k`ocltkn` ldbwqtgd xgtwx` lin`m lcc lqqgt aclqqgq nvgx l cn`m zgxknd
no tkig
Xgtwx`q lxg n` ALMX hlqkq. Hcwg hlx xgocgatq k`ocltkn` ldbwqtgd xgtwx`.
Lq tfg mxlzf qfn}q# g|wkt{ kq tfg n`c{ lqqgt aclqq }fkaf flq mkvg` znqktkvg k`ocltkn`
ldbwqtgd xgtwx` no ;.==' lmlk`qt ntfgx lqqgt aclqqgq. Kt kq gvkdg`t oxni tfg mxlzf tflt
k` tfg cn`m tgxi# g|wkt{ k`vgqtig`tq flvg fgczgd nwtzgxonxiq vlxknwq ntfgx
k`vgqtig`t lvg`wgq l`d flq lcqn fgczgd hglt k`ocltkn` h{ l fwmg ilxmk`.
Tfg alzktlc ilxegtq lxg tfg tl`tlckrk`m zwcqg no l`{ gan`ni{# lq tfg alzktlc ilxegt
k`dkagq tn l` gtg`t xgvglc tfg an`okdg`ag no k`vgqtnxq &hntf dnigqtka lq }gcc lq
onxgkm`+ k` tfg gan`ni{. Hwt tfg zxgqg`t vncltkckt{ no tfg K`dkl` g|wkt{ ilxegtq
qtggxgd ilk`c{ h{ dght)nvgxfl`m qktwltkn` k` tfg Gwxn rn`g l`d qnvgxgkm` xltk`m
dn}`mxldg flvg dg`tgd tfg an`okdg`ag no il`{ no {nw k`vgqtnxq l`d il{ flvg gvg`
qg`t qfkvgxq dn}` tfg qzk`g.
Qk`ag tfg clqt zgle no tfg K`dkl` g|wkt{ ilxegtq <tlk`gd n` @nvgihgx 7# 8:
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{glx)tn)dltg &[TD+ hlqkq h{ lhnwt )88.;'5 }ktf no anwxqg l qgxkgq no k`tgxigdkltg
kizwcqg l`d anxxgatkn`. L`d zwttk`m l txldgxq flt# qnig no {nw il{ flvg lcqn
k`dwcmgd k` kiig`qg txldk`m# tfwq tx{k`m tn tkig qgxkgq no zgleq l`d txnwmfq k` tfkq
ilxegt ) l`d il{ flvg gvg` onw`d kt tn hg tfxkcck`m gzgxkg`ag. Hwt cgt wq lzzxkqg {nw
tflt l txldgx kq mnnd n`c{ w`tkc fkq clqt txldg. [nw dn`t e`n} }flt tfg owtwxg flq k`
qtnxg onx {nw ) mnnd# hld nx wmc{>
Xgigihgx tfg tfxkcc no tkik`m tfg ilxegt# al` mkvg {nw l ekae# hwt tfg ekae al` ekae
{nw nwt. ]g hgckgvg tflt }fkcg tfg ilxegtq flvg twx`gd twxhwcg`t lt zxgqg`t k` tfg clqt
n`g {glx# kt kq kiznxtl`t tn qtl{ k`vgqtgd l`d no anwxqg dn inxg vlcwg zkaek`m.
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Tfg aflxt lhnvg xgvglcq tflt nvgx inxg tfl` t}n dgaldgq tfg K`dkl` g|wkt{ ilxegtq
flvg }kt`gqqgd l qgxkgq no hntf ) znqktkvg lq }gcc lq `gmltkvg gan`nika l`d zncktkalc
gvg`tq. Hwt l `ntg}nxtf{ znk`t kq tflt n`c{ tfnqg }fn flvg qfn}` tfgkx zgxqgvgxl`ag
tn qtl{ k`vgqtgd onx tfg cn`m)tgxi flvg mlk`gd dgqzktg qwaf kizwcqg l`d anxxgatkvg
zflqgq qtggxgd h{ hntf znqktkvg lq }gcc lq `gmltkvg gan`nika gvg`tq naawxxk`m laxnqq
tfg mcnhg. Ko }gxg tn k`vgqt l qwi no
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= Olatq n` G|wkt{ K`vgqtig`tq / = mnnd
xglqn`q tn k`vgqt k` QKZq
Olat @n.
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4. Ilxegt tkik`m hganigq kxxgcgvl`t
N`g no tfg hkmmgqt dkookawctkgq k` g|wkt{ k`vgqtk`m kq ]FG@ tn k`vgqt# lzlxt oxni tfg
ntfgx hkm |wgqtkn` ]FGXG tn k`vgqt. ]fkcg# k`vgqtk`m k` l iwtwlc ow`d qncvgq tfg
kqqwg no }fgxg tn k`vgqt# QKZ fgczq wq tn nvgxanig tfg zxnhcgi no }fg`. QKZ kq l
dkqakzck`gd k`vgqtk`m kxxgqzgatkvg no tfg qtltg no tfg ilxegt. Kt tfwq ilegq tfg ilxegt
tkik`m tntlcc{ kxxgcgvl`t. L`d tndl{ }fg` tfg ilxegtq lxg fkmf# kt il{ `nt hg zxwdg`t
tn aniikt clxmg qwiq lt n`g mn. ]ktf tfg `gt 8)1 {glxq cnnek`m mnnd oxni K`dkl`
Gan`ni{ znk`t no vkg}# n`g al` gzgat fl`dqnig xgtwx`q tfxw xgmwclx k`vgqtk`m.
7. Dngq `nt qtxlk` nwx dl{)tn)dl{ ok`l`agq
Iwtwlc Ow`dq lccn} wq tn k`vgqt vgx{ qilcc linw`tq &Xq 7:: Xq
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]g mg`gxlcc{ tg`d tn k`vgqt }fg` tfg ilxegtq lxg xkqk`m. QKZ }nxeq lq l mnnd
dkqakzck`g lq kt onxagq wq tn hw{ gvg` }fg` tfg ilxegtq lxg cn}# }fkaf latwlcc{ kq tfg
hgqt tkig tn hw{.
=. Fgczq tn owcokcc nwx dxgliq
Tfg k`vgqtig`tq }g ileg lxg wctkiltgc{ onx qnig nhbgatkvgq qwaf lq tn hw{ l fnwqg#
afkcdxg q gdwaltkn`# ilxxklmg gta. L`d il`{ no tfgi xg|wkxg l fwmg n`g)tkig
k`vgqtig`t. Lq kt }nwcd wqwlcc{ `nt hg znqqkhcg xlkqg qwaf clxmg linw`tq lt qfnxt
`ntkag# }g `ggd tn hwkcd tfg anxzwq nvgx l cn`mgx zgxknd no tkig# tfxnwmf qilcc hwt
xgmwclx k`vgqtig`tq. Tfkq kq }flt QKZ kq lcc lhnwt. Qilcc k`vgqtig`tq# nvgx l zgxknd no
tkig# xgqwct k` clxmg }glctf l`d fgcz owcokcc nwx dxgliq / lqzkxltkn`q.
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K`vgqtig`t)il`txl onx G|wkt{ QKZq
Tkik`m tfg ilxegtq kq `nt qnigtfk`m n`g al` lafkgvg }ktf laawxla{ qk`ag g|wkt{
ilxegt kq `gvgx l qtlhcg g`vkxn`ig`t. Kt kq inxg no l mwt oggck`m. N`ag al` `gvgx
qwxgc{ tkig tfg ilxegt. Ilxegtq lxg dxkvg` `nt bwqt h{ glx k`mq hwt lcqn h{
qg`tkig`tq.
QKZ }kcc }nxe hgqt ko onccn}k`m latq lxg dn`g2
Qtlxt Glxc{
K`vgqt xgmwclxc{
K`vgqt onx Cn`m tgxi
K`vgqt k` xkmft Lqqgtq
K` qwaf l qag`lxkn# l` G|wkt{ QKZ an`agzt il{ hxk`m k` iwaf `ggdgd dkqakzck`g
lin`m qilcc k`vgqtnxq tn k`vgqt xgmwclxc{ k` g|wktkgq l`d `nt tn k`vgqt cwiz qwi k`
fkmf xkqe qtnaeq }fg` ilxegtq lxg n` l` lcc)tkig fkmf. ]ktf vncltkckt{ k` g|wkt{
ilxegtq lt l` lcc)tkig fkmf # qtlxtk`m }ktf l` g|wkt{ QKZ k` l ow`dlig`tlcc{ qnw`d
qtnae il{ `nt hg l hld nztkn`. Xltfgx tfl` }lktk`m n` qkdgck`gq k` fnzg no ilxegtq
qckdk`m dn}` owxtfgx# qtlxt k`vgqtk`m q{qtgiltkalcc{ l`d dn`t dgogx {nwx k`vgqtig`t
dgakqkn`q l`{ owxtfgx.
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G|wkt{
QKZq
Zxnq An`q
Ik`kikrg vncltkckt{ xkqe
Dkvgxqkokaltkn` il{ mgt
km`nxgd
@n lddktkn`lc anqt no hw{k`m qflxgq vkl QKZq
Mxgltgx ilxegt xkqe
tfl` iwtwlc ow`dq
Dn`t flvg tn k`vgqt k` cwiz)qwi
Oxwktowc onx k`vgqtig`t onx cn`m tgxi.
Mnnd }fg` k`vgqtnx dngq`t e`n} }fg` tn
g`tgx nx gkt tfg ilxegt
Lvgxlmgq nwt tfg k`vgqtig`tq nvgx tkig
Agxtlk` tfk`mq k` ckog flvg tn hg gzgxkg`agd tn hg hgckgvgd. K`onq{q Tgaf`ncnmkgq
ildg tfgkx KZN &K`ktklc Zwhcka Noogxk`m+ k`
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Tn aktg l`ntfgx glizcg2 Xq
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Inqt k`vgqtnxq clae tfg ok`l`aklc gzgxtkqg# tkig l`d k`ack`ltkn` xg|wkxgd onx dkxgat
k`vgqtig`t k` qtnaeq. Iwtwlc ow`dq# zlxtkawclxc{ G|wkt{ Dkvgxqkokgd Ow`dq tflt k`vgqt
zxgdnik`l`tc{ k` qtnaeq flvg mkvg` lttxlatkvg xgtwx`q tn k`vgqtnxq. Lq n` 1:):=)8:
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Hgltk`m K`ocltkn` anionxtlhc{
Lvgxlmg k`ocltkn` dwxk`m tfg zlqt okotgg` {glxq flq hgg` lhnwt = Zgxag`t.
G|wkt{ xgtwx`q flvg hgltg` k`ocltkn` h{ l fkmfgx ilxmk` tfl` mncd nx l Hl`e OD
nvgx tfg zlqt okotgg` {glxq.
]glctf Axgltkn` tfxnwmf g|wkt{ }kcc lcqn g`fl`ag {nwx xglc zwxaflqk`m zn}gx k`
l il``gx ntfgx lqqgtq aclqqgq }kcc hg flxd zxgqqgd tn iltaf
Tfkq kq tfg inqt kiznxtl`t xglqn` }f{ }g iwqt flvg g|wkt{ k` nwx znxtonckn.
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Hgqt Q{qtgiltka K`vgqtig`t Zcl`q k` K`dkl
Iwtwlc Ow`d 1 [glxqK`vgqtig`t1?:::
7 [glxqK`vgqtig`t?::::
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G|wkt{ QKZ Zxnvkdgx
G|wkt{ hxnegxlmgq qwaf lq KAKAK Dkxgat nx FDOA Qgawxktkgq noogx g|wkt{ QKZq no
vlx{k`m linw`tq# oxg|wg`akgq l`d tg`wxg. Tfg cltgqt tn k`txndwag tfkq an`agzt kq
Xgckl`ag Qgawxktkgq# }fkaf clw`afgd tfg Xgmwclx Qtnae Zwxaflqg &XQZ+ zcl` clqt
}gge. . Ntfgx okxiq noogxk`m qkikclx zxndwatq k`acwdg
FDOA Qgawxktkgq
Xgckl`ag Qgawxktkgq
Mgnbkt H@Z Zlxkh lq Ok`l`aklc Qgxvkagq
Entle Qgawxktkgq
KAKAK Qgawxktkgq
Intkclc Nq}lc Ok`l`aklc Qgxvkagq
[nw al` qgt l QKZ# }fkaf hw{q okgd `wihgx no qflxgq nx k`vgqt l okgd linw`t k`
g|wktkgq n` xgmwclx k`tgxvlcq. Tfg k`vgqtig`t linw`t al` hg mkvg` tfxnwmf afg|wgq nx
txl`qogxxgd n`ck`g tfxnwmf lwtniltgd gcgatxn`ka acglxl`ag oxni {nwx hl`e laanw`t
Tfg qflxgq lxg hnwmft lt zxgvlkck`m ilxegt xltg lt tfg tkig no QKZ. Inqt g|wkt{ QKZ
zcl`q noogx {nw tn axgltg {nwx n}` znxtonckn }ktfnwt l`{ k`vgqtig`t ckiktq. Tfgxg kq
`n alz n` gktfgx k`vgqtig`tq nx `wihgx no g|wkt{. ]ktf g|wkt{ QKZ # awqtnigxq al`afnnqg tn k`vgqt lt l qzgakokgd oxg|wg`a{ dlkc{ # }ggec{ # onxt`kmftc{ nx in`tfc{ k`
qtnae no {nwx afnkag. Tfg afnkag no l ik`kiwi k`vgqtig`t linw`t kq qtkzwcltgd h{
glaf hxnegxlmg# vlx{k`m laxnqq zcl{gxq. Onx k`qtl`ag# Intkclc Nq}lc zgmq tfg linw`t
lt Xq 8#:::5 onx KKOC# kt kq Xq 7#:::. Tfgxg kq# t{zkalcc{# `n agkck`m n` tfg ilkiwi
linw`t tflt al` hg k`vgqtgd glaf in`tf.
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Lctgx`ltkvgc{# k`vgqtnxq afnnqk`m tfg |wl`tkt{)hlqgd nztkn` al` hw{ l qzgakoka
`wihgx no qtnaeq k` glaf txl`afg. N`c{ tfg linw`t no k`vgqtig`t {nw `ggd tn ileg
il{ vlx{ glaf tkig# dgzg`dk`m n` tfg qtnae zxkag lt tflt tkig. Qn# ql{ {nw dgakdg tn
hw{ okvg qtnaeq no Anizl`{ V glaf in`tf. Ko tfg zxkag no tfg qtnae tfkq in`tf kq Xq
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FDOA Qgawxktkgq
FDOA Qgawxktkgq zxnvkdgq
DN KT [NWXQGCO Q[QTGILTKA K@_GQTIG@T ZCL@
&DK[QKZ+
DK[QKZ kq l` w`k|wg zxndwat noogxk`mq tfxnwmf FDOA Qgawxktkgq }fkaf fgczq wq tn
k`vgqt l zxgqzgakokgd |wl`tkt{ k` qtnaeqGTOq no nwx afnkag lt xgmwclx k`tgxvlcq nvgx l
zgxknd no tkig lq qgcgatgd h{ wq. DK[QKZ gckik`ltgq tfg `ggd onx wq tn latkvgc{ txlae
tfg ilxegt l`d fgczq wq tn wqg ilxegt vncltkckt{ tn hwkcd nwx znxtonckn.
Hg`goktq no D.K.[. QKZ2
Tfg zn}gx tn tleg {nwx n}` dgakqkn`q l`d hg {nwx n}` ow`d il`lmgx.
Q{qtgiltka / dkqakzck`gd il``gx no k`vgqtk`m k` g|wktkgq.
@n hwxdg` no fglv{ k vgqtig`tq lt l qk`mcg tkig.
@n cnae)k` zgxknd g`qwxgq {nw al` qgcc# zlwqg l`{tkig {nw }kqf tn.
FDOA Qgawxktkgq- gzgxt xgqglxaf tgli lt {nwx qgxvkag tn fgcz {nw qgcgat l`d hwkcd l
dkvgxqkokgd znxtonckn.
_lxkgd k`vgqtig`t nztkn`q lq zgx {nwx `ggdq l`d xkqe lzzgtktg
G|wktkgqK`vgqt k` tfg qtnaeq
}g hgckgvg k`.
K`dkagq GTOK`vgqt k` K`dkagq GTO l`dmgt xgtwx` n` k`vgqtig`tq
lt zlx }ktf tfg k`dg.
Mncd GTOK`vgqt k` Mncd GTO-q }fkaffgcz }g fgdmg l`d zcl` nwtnwx owtwxg mncd xg|wkxgig`tq.
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Xgckl`ag Qgawxktkgq
G|wkt{ ilxegtq al``nt hg tkigd zgxogatc{# qzgaklcc{ gigxmk`m ilxegtq ckeg nwxq
Tfwq# QTZ }nwcd lat lq l` k`vgqtig`t altlc{qt# lkik`m tn dgxkvg tfg anihk`gd
hg`goktq no qtlhkckt{ no dght lcn`m }ktf zn}gx no g|wkt{ lt tfg qlig tkig.QTZ k`vncvgq tfg zxnagqq no k`vgqtk`m cwiz qwi k` l ck|wkddght qafgig }fkaf }nwcd
mkvg olkxc{ qtlhcg xgtwx`q l`d tfg` txl`qogxxk`m l okgd linw`t tn l` g|wkt{ qafgig k`
l xgmwclx olqfkn`. N`ag tfg g|wkt{ lccnaltkn` kq dgtgxik`gd lq zgx tfg tntlc znxtonckn
an`qkdgxltkn`# g|wkt{ k`vgqtig`t al` hg lccnaltgd k` l dkqakzck`gd il``gx tfxnwmf
QTZ.Tfkq }nwcd g`lhcg tfg k`vgqtnx tn lafkgvg l hwkcdwz k` tfgkx znxtonckn no g|wktkgq
}ktf l cn} linw`t no xkqe lcn`m }ktf xgcltkvgc{ qtlhcg xgtwx`q no dght k` tfg k`tgxki
tkig zgxknd
Zxglihcg tn Xgckl`ag QILXT QTGZ ) L` G`fl`agd _gxqkn` no QTZ
Xgckl`ag QILXT QTGZ kq l qzgaklc zxndwat ogltwxg }fkaf }nxeq n` l zxnzxkgtlx{
qakg`tkoka indgc# }fkaf lddq k`tgcckmg`ag tn dkqakzck`gd# cn`m tgxi l`d q{qtgiltkak`vgqtig`t flhkt.
Tfg qakg`tkoka indgc lkiq tn k`tgmxltg tfg a{ackalc txg`d no g|wkt{ ilxegtq k` n`g
a{acg# }fkaf lcqn dgzkatq tfg k`tgx)xgcltkn` no ilaxn / ikaxn gan`nika olatnxq.
Tfg qakg`tkoka indgc an`qnckdltgq hwcc / hglx zflqgq k` n`g a{acg# }fkaf g`lhcgq tn
znxtxl{ tfg awxxg`t znqktkn`k`m no tfg ilxegt.
Tfwq# Xgckl`ag QILXT QTGZ }nxeq n` l qkizcg hwt qilxt / lttxlatkvg an`agzt no
(K@_GQT INXG }fg` tfg awxxg`t qtnae ilxegt kq znqktkn`gd lt cn}gx cgvgcq
K@_GQT CGQQ }fg` awxxg`t qtnae ilxegt kq znqktkn`gd lt fkmfgx cgvgcq.
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]f{ K`vgqt k` Xgckl`ag QILXT QTGZ
XIO kq tfg okxqt iwtwlc ow`d fnwqg tn clw`af qwaf l qzgaklc olakckt{ }fgxg k` linw`t
no glaf txl`qogx oxni lcc ck|wkddght qafgigq tn g|wkt{ qafgigq# }nwcd hg dgtgxik`gd
n` tfg hlqkq no l cnmkalc / qakg`tkoka indgc.
Tfg qakg`tkoka indgc alztwxgq k`txk`qka vncltkckt{ k` l tgaf`k|wg }fkaf g`lhcgq tn hw{
inxg w`ktq }ktf cgqq k`vgqtig`t# lq anizlxgd tn @nxilc QTZ# onx cn`mgx zgxknd no
k`vgqtig`t. Xgk`onxagq tfg zxnvg` olat tflt tfg nztkiwi }l{ no xglzk`m hg`goktq k`
l`{ ilxegt a{acg }nwcd hg tfxnwmf l dkqakzck`gd# xgmwclx l`d cn`m tgxi k`vgqtig`t
lcn`m }ktf tfg an`agzt no cn} k`vgqtig`t lt fkmfgx cgvgcq l`d fkmf k`vgqtig`t lt
cn}gx cgvgcq.Tfxnwmf tfkq `g} noogxk`m# XIO lkiq tn gizn}gx tfg k`vgqtnx }ktf tfg fkmf){kgcdk`m
xgtwx`q no g|wkt{ lcn`m }ktf qtlhcg xgtwx`q no dght# tfxnwmf l q{qtgiltka k`vgqtig`t
ck`egd tn tfg ilxegt cgvgcq.
Fkqtnxkalc Xgogxg`ag no Qakg`tkoka Indgc
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Tfg qakg`tkoka indgc flq hgg` tgqtgd qk`ag
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"V linw`t }nwcd hg dgakdgd h{ tfg k`vgqtnx lt tfg tkig no g`xnccig`t onx Zcl` G no
Xgckl`ag QILXT QTGZ. Tfg ik`kiwi k`vgqtig`t linw`t no V k` Zcl` G }nwcd hg
Xq.1:#::: / k` iwctkzcgq no Xq.7:: tfgxglotgx. K`vgqtnxq qfnwcd acglxc{ k`dkaltg zcl`q
lq ig`tkn`gd lhnvg. Zcglqg `ntg tflt ko `n Zcl` kq ig`tkn`gd k`dkaltgd k` tfg
Lzzckaltkn` Onxi# Zcl` L qflcc hg an`qkdgxgd lq dgolwct Zcl`.
Gckmkhcg Txl`qogxnx &Ck|wkdDght+ l`d Txl`qogxgg &G|wkt{+ Qafgigq
Txl`qogxnx &Ck|wkdDght+ Qafgigq2
Xgckl`ag Ocnltk`m Xltg Ow`d
Xgckl`ag Ck|wkdkt{ Ow`d
Xgckl`ag Ck|wkd Ow`d ) Txglqwx{ Zcl`
Xgckl`ag Ck|wkd Ow`d Alqf Zcl`
Xgckl`ag Igdkwi Tgxi Ow`d
Xgckl`ag Qfnxt Tgxi Ow`d
Xgckl`ag Mkct Qgawxktkgq Ow`d
Xgckl`ag In`tfc{ K`anig Zcl`
Xgckl`ag In`g{ Il`lmgx Ow`d
Xgckl`ag K`anig Ow`d#
Xgckl`ag Xgmwclx Qlvk`mq Ow`d ) Dght Nztkn`
Txl`qogxgg &G|wkt{+ Qafgigq2
Xgckl`ag Mxn}tf Ow`d#
Xgckl`ag _kqkn` Ow`d
Xgckl`ag G|wkt{ Nzznxtw`ktkgq Ow`d
Xgckl`ag G|wkt{ Ow`d
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Xgckl`ag G|wkt{ Ldvl`tlmg Ow`d
Xgckl`ag \wl`t Zcwq Ow`d
Xgckl`ag Xgmwclx Qlvk`mq Ow`d ) G|wkt{ nztkn`
Xgckl`ag Xgmwclx Qlvk`mq Ow`d ) Hlcl`agd nztkn`
Xgckl`ag @ltwxlc Xgqnwxagq Ow`d
Xgckl`ag Hl`ek`m Ow`d)Xgtlkc Zcl`
Xgckl`ag Zflxil Ow`d
Xgckl`ag Igdkl / G`tgxtlk`ig`t Ow`d
Xgckl`ag Dkvgxqkokgd Zn}gx Qgatnx Ow`d
Xgckl`ag K`oxlqtxwatwxg Ow`d
Xgckl`ag Tl Qlvgx &GCQQ+ Ow`d"
Xgckl`ag Cn`m Tgxi G|wkt{ Ow`d
"K`vgqtig`t k` tfg qafgig kq qwhbgat tn tfg cnae k` zgxknd no tfxgg {glxq. ""Tfkq al`
hg txl`qogxgg qafgig n`c{ lotgx an`vgxqkn` k`tn l` nzg`)g`dgd qafgig wzn` iltwxkt{
Xgckl`ag Tl Qlvgx Ow`d kq `nt l` gckmkhcg txl`qogxgg qafgig onx Zcl` Xgckl`ag
Alzktlc Lqqgt Il`lmgig`t Ckiktgd &XALI+ xgqgxvgq tfg xkmft tn k`txndwag nx
}ktfdxl} l`{ no tfg lhnvg ig`tkn`gd txl`qogxnx nx txl`qogxgg qafgigq
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Xkqe Olatnx
Iwtwlc Ow`dq l`d qgawxktkgq k`vgqtig`tq lxg qwhbgat tn ilxegt xkqeq l`d tfgxg kq `n
lqqwxl`ag l`d `n mwlxl`tgg tflt tfg nhbgatkvg no tfg xgqzgatkvg qafgig }kcc hg
lafkgvgd. Lq }ktf k`vgqtig`tq k` l`{ qgawxktkgq# tfg @L_ no tfg w`ktq kqqwgd w`dgx
tfg Qafgig al` mn wz nx dn}` dgzg`dk`m n` tfg olatnxq l`d onxagq loogatk`m tfg
qgawxktkgq ilxegt. Zlqt zgxonxil`ag no tfg Qzn`qnxLIAIwtwlc Ow`d kq `nk`dkaltkvg no owtwxg zgxonxil`ag no tfg Qafgig. Tfg `ligq no tfg qafgigq dn `nt k`
l`{ il``gx k`dkaltg gktfgx tfg |wlckt{ no tfg Qafgig# ktq owtwxg zxnqzgatq nx xgtwx`q
Tfg Qzn`qnx kq `nt xgqzn`qkhcg nx cklhcg onx l`{ cnqq xgqwctk`m oxni tfg nzgxltkn` no
tfg Qafgig hg{n`d tfgkx k`ktklc an`txkhwtkn` no Xq.< cla tn}lxdq tfg qgttk`m wz no tfg
Iwtwlc Ow`d l`d qwaf ntfgx laaxgtkn`q l`d lddktkn`q tn tfg anxzwq. Tfg @L_ no tfg
Qafgig il{ hg loogatgd# k`tgxclkd# h{ afl`mgq k` tfg ilxegt an`dktkn`q# k`tgxgqt xltgq
txldk`m vncwigq# qgttcgig`t zgxkndq l`d txl`qogx zxnagdwxgq. Tfg Iwtwlc Ow`d kq `nt
lqqwxk`m tflt kt }kcc ileg zgxkndkalc dkvkdg`d dkqtxkhwtkn`q# tfnwmf kt flq gvgx{
k`tg`tkn` no dnk`m qn. Lcc dkvkdg`d dkqtxkhwtkn`q lxg qwhbgat tn
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K`vgqtk`m Dnq l`d Dn`tq
]fg` n`g kq k`vgqtk`m k` tfg ilxegt# tfg{ qfnwcd okxqt l`lc{rg tfg ilxegt.
]fkcg k`vgqtk`m# n`g qfnwcd eggz qnig linw`t lqkdg lq l xgqgxvg.
Zgnzcg qfnwcd k`vgqt k` qilcc qwiq l`d iwqt dkvgxqko{ tfgkx k`vgqtig`tq. N`g
qfnwcd `gvgx eggz lcc gmmq k` l qk`mcg hlqegt.
K`vgqtk`m k` qilcc linw`t kq lcqn fgczowc lq tfg`# k` alqg no l cnqq# tfg linw`t
al` hg xganvgxgd glqkc{.
G|wkt{ QKZ kq l igtfnd h{ }fkaf awqtnigxq flvg tfg nztkn` tn k`vgqt tfgkx ow`dq
lt l zlxtkawclx okgd oxg|wg`a{ no tkig. Kt lccn}q q{qtgiltka k`vgqtig`t k` l
dkqakzck`gd }l{.
QKZq mg`gxltg xgtwx`q nvgx l cn`m zgxknd no tkig5 tfg{ dn `nt mkvg xgqwctq
kiigdkltgc{. N`g flq tn hg zltkg`t }fkcg k`vgqtk`m k` QKZq l`d hg zxgzlxgd tn
mkvg kt qnig tkig tn oxwatko{.
]fg` tfg ilxegt kq fkmf {nw qfnwcd hw{ cgqq `wihgx no qflxgq# l`d }fg` tfg
ilxegt kq cn} {nw qfnwcd hw{ inxg `wihgx no qflxgq. Mgt tfg hg`goktq
aniznw`dgd nvgx l zgxknd no tkig.
In`g{ qfnwcd lc}l{q hg k` xnwtgd onxi. Tfkq igl`q tflt ko {nw lxg k`vgqtk`m qnig
linw`t tfl` {nw qfnwcd lcqn mgt qnig xgtwx`q n` kt# k` ntfgx }nxdq# {nw qfnwcd lqqgqq
{nwx Xgtwx` n` K`vgqtig`t nx XNK. Tfgxg qfnwcd hg l in`g{ ckog a{acg. ]ktf G|wkt{
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Q{qtgiltka K`vgqtig`t Zcl # kt kq l awqtnigxq afnkag tn k`vgqt lt qzgakokgd
oxg|wg`akgq }fkaf il{ hg dlkc{# }ggec{ nx in`tfc{.
[nw `ggd tn vlx{ n`c{ tfg linw`t no tfg k`vgqtig`t gvgx{ tkig {nw hw{ tfg
qtnaeq# dgzg`dk`m n` tfg qtnae zxkag k` tfg ilxegt. N`g qfnwcd k`vgqt inxg }fg` tfg
ilxegt kq dn}` l`d qfnwcd qgcc kt }fg` tfg ilxegt kq wz qn tflt cgqqgx k`vgqtig`t al`
glx` {nw inxg xgtwx`q. K`vgqtig`t al` hg dn`g k` vlxknwq igl`q ckeg k` mncd# qflxgq
dght k`qtxwig`tq nx l anihk`ltkn`. Tfg linw`t tn hg k`vgqtgd al` hg txl`qogxxgd
tfxnwmf l afg|wg nx n`ck`g oxni {nwx laanw`t.
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Xganiig`dltkn`q2
K`vgqtig`t kq tfg tgaf`k|wg h{ }fkaf zgnzcg qlvg tfg in`g{ onx owtwxg l`d k`axglqg
tfgkx ckvk`m qtl`dlxd. Il`{ zgnzcg }fn dn`t e`n} l`d dn`t }l`t tn tleg inxg xkqe
h{ k`vgqtk m k` qflxgq l`d qgawxktkgq tfgxgonxg Iwtwlc Ow`dq lxg hgttgx k`qtxwig`tq tn
qlvg tfgkx in`g{ onx owtwxg l`d zxnvkdg tfgi hgttgx xgtwx`.
QKZ l`d Cwiz qwi lxg t}n tgaf`k|wgq tn k`vgqt in`g{ k` iwtwlc ow`d. Zgnzcg qfnwcd
`nt an`owqg lhnwt tfgi. Hntf lxg hgttgx tfgiqgcvgq. ]f
g` ilxegt kq wzq l`d dn}` `ltwxg kt kq hgttgx tn k`vgqt tfgkx in`g{ tfxnwmf QKZ
l`ntfgx xglqn` onx QKZ kq hgalwqg kt kq in`tfc{ k`vgqtig`t qn }fg` tfgxg lxg qlclxkgd
zgxqn` }fn }l`t tn k`vgqt in`g{ k` iwtwlc ow`d tfg` QKZ kq mnnd tgaf k|wg hgalwqg
tfg{ flvg ckiktgd qlvk`m tfltq }f{ QKZ kq mnnd onx qlclxkgd zgxqn`q.
]fg` K qwxvg{gd k` tfg ilxegt tfgxg lxg il`{ zgnzcg }fn xglcc{ dn`t e`n} }flt
latwlcc{ iwtwlc ow`d igl`q kq. K xglckrgd tflt tfgxg lxg il`{ zgxqn`q }fn dn`t k`vgqt
in`g{ k` iwtwlc ow`d tfg{ n`c{ k`vgqt k` k`qwxl`ag nx okgd dgznqkt.
K }kcc qwmmgqt fgxg tflt tfgxg kq `ggd no inxg ldvgxtkqk`m tfxnwmf al`nzkgq }fkaf }kcc
fgcz tn tfnqg zgnzcg }fn }l`t tn k`vgqt k` iwtwlc ow`d l`d }kcc mgt inxg k`onxiltkn`
tfxnwmf al`nzkgq.
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Qnig zgnzcg zxgogx tn k`vgqt l cwiz qwi }fg` tfg{ flvg tfg in`g{ lvlkclhcg )
zgxflzq oxni l hn`wq lt }nxe. Tfg hg`gokt kq tflt {nw lxg cgqq ckegc{ tn qzg`d tfg
in`g{ n` ntfgx tfk`mq,
Fn}gvgx# ko {nw dn `nt flvg l cwiz qwi# {nw dn`-t flvg tn qlvg wz w`tkc {nw flvg l
clxmg linw`t tn k`vgqt. [nw al` k`vgqt l xgcltkvgc{ qilcc linw`t gvgx{ in`tf tflt al`
hwkcd wz k`tn l }nxtf}fkcg `gqt gmm. Ko {nw qgt wz l in`tfc{ qlvk`mq zcl`# {nw }kc
qnn` anig tn tfk`e no {nwx xgmwclx zl{ig`t lq l` gqqg`tklc zlxt no {nwx hwdmgt
]flt-q inxg# {nw al` hg`gokt oxni l zfg`nig`n` e`n}` lq (xwzgg anqt lvgxlmk`m(
`n ilttgx fn} ilxegtq lxg zgxonxik`m2
Ko tfg ilxegt mngq wz# tfg w`ktq {nw lcxgld{ n}` }kcc k`axglqg k` vlcwg.
Ko tfg ilxegt mngq dn}`# {nwx `gt zl{ig`t }kcc hw{ inxg w`ktq
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AN@ACWQKN@
Q{qtgiltka K`vgqtig`t Zcl` &QKZ+ kq tfg }k``k`m qtxltgm{ k` zxgqg`t ilxegt qag`lxkn
Qilcc k`vgqtnx al` ileg fkq fgx k`vgqtig`t k` G|wkt{ Ow`d tfxnwmf tfg in`tfc{ nx
|wlxtgxc{ no k` iwctkzcg no 7:: k.g. 7::#
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H K H C K N M X L Z F [
}}}.in`g{an`txnc.ani
}}}.k`vgqtnzgdkl.ani
}}}.k`vgqtig`til`txl.ani
}}}.ok`}gh.ani
Hnne n` Q{qtgiltka K`vgqtig`t Zcl` H{ A`ha @gt}nxe Tv
}}}.fdoaqga.ani
}}}.xgckl`agiwtwlc.ani
K`dkl Tndl{ Ilmlrk`g
Hwqk`gqq K`dkl Ilmlrk`g
http://www.moneycontrol.com/http://www.investopedia.com/http://www.investmentmantra.com/http://www.finweb.com/http://www.infibeam.com/Books/search?author=Cnbc%20Network%20Tvhttp://www.hdfcsec.com/http://www.reliancemutual.com/http://www.moneycontrol.com/http://www.investopedia.com/http://www.investmentmantra.com/http://www.finweb.com/http://www.infibeam.com/Books/search?author=Cnbc%20Network%20Tvhttp://www.hdfcsec.com/http://www.reliancemutual.com/7/23/2019 Systematic Investment Plans Mba Project
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