TOKYO Belgique Football Maillot , Feb. 2 (Xinhua) -- Japan's monetary base hit a record high at the end of January, standing at 358.76 trillion yen (around 2.95 trillion U.S. dollars), an increase of 28.8 percent from a year earlier, the Bank of Japan said Tuesday.

According to the central bank, the nation's monetary based peaked at a record high for the second successive month as the bank continues its quantitative easing measures, the most recent of which saw the bank apply a negative interest rate to current accounts held by financial institutions.

The biggest segment of the monetary base is the balance of financial institutions' current account deposits, which jumped 40.2 percent to 259.29 trillion yen in the recording period, the central bank said.

While surprising markets by saying it plans to introduce a negative interest rate from Feb. 16, as falling oil prices have hampered the bank's reflationary efforts, with the shock move aimed at proactively defending against global economic malaise denting business sentiment here, the bank also said it would continue to increase the monetary base at an annual pace of around 80 trillion yen (661.2 billion U.S. dollars).

The central bank said it will continue to aggressively purchase government bonds and risky assets under its quantitative and qualitative easing (QQE) program.

The bank hopes that its latest moves will encourage private lenders to support increased capital expenditure, which will purportedly bolster the economy and tackle deflation by increasing production, employment and wages, which will also help consumer spending, the latter of which accounts for 60 percent of Japan's gross domestic product.

Bank of Japan Governor Haruhiko Kuroda has consistently maintained he plans to eliminate what he has described as a "deflationary mindset" in Japan, particular regarding business spending, but also private consumption.

The bank has said it plans to achieve its inflation target "at the earliest possible time," amid turbulent oil prices, the protected slump of which has impacted prices here.

The central bank's policy board also decided last week that the bank will further cut the interest rate below minus "as deemed necessary."

Vishakhapatnam, popularly known as Vizag, is a port city in south east coast in the state of Andhra Pradesh, India. It is the second-largest city in the state of Andhra Pradesh (after Hyderabad) and the third-largest city on the east coast (after Chennai and Kolkata). Visakhapatnam is located 625 kilometers (388 mi) east of the state capital, Hyderabad. The city is home to numerous state-owned heavy industries and a steel plant; it is also one among India's largest seaports and has the country's oldest shipyard. Visakhapatnam has the only natural harbor on the eastern coast of India.

The city was named after Visakha, the Hindu god of valor. It is nestled among the hills of the Eastern Ghats and looks upon the Bay of Bengal on the east.Vishakhapatnam is nick named as The City of Destiny and is termed as the Goa of the East Coast. Vishakhapatnam is also a focus of urban and tourist development.From local fishing communities during the early days of the Indian independence struggle and a few decades later, Visakhapatnam grew economically; the rise has been so quick that the city was identified as one of the fastest-growing cities in the world, both, economically and demographically.

Lot of factors contributed to the city's economic growth, including the natural harbor, its location between Madras and Calcutta, access to NH5 and a developed network of railways which changed the small village into an industrial city. The city has developed into a hub for heavy industries. The Visakhapatnam Port, largest in the country, is a gateway contributing to the development of the petroleum, steel and fertilizer industries. Visakhapatnam has seen enormous growth in the retail and entertainment sectors during the past decade.

EDUCATION IN VISHAKHAPATNAM
Vishakhapatnam is also known for its educational standards as well. There are many schools in Vishakhapatnam that provide quality education and are housed with all the modern facilities for the students.
Visakhapatnam is considered a hub for education in Andhra Pradesh. There are a number of primary and high schools and colleges in the city. Along with state-run schools there are private institutions, missionary schools and colleges.
OAKRIDGE INTRENATIONAL SCHOOL
The school is located at NH-5, Beemunipatnam Mandal, Tagarapuvalasa- Vishakhapatnam- Andhra Pradesh.
Oakridge international school has introduced new generation of education in India. High academic standards are symbolic of the school’s ideology and its commitment to academic excellence. The school is affiliated to Central Board of Secondary Education (CBSE), New Delhi.
It is a boarding residential school.

Oakridge provides a balanced environment focused on shaping the children to fit into the world of tomorrow. Designed on international standards and keeping in mind the multi-faceted needs of the children; the school has spacious, airy classrooms with all the modern multimedia facilities. Children here gain hands-on-experience along with the international standards of education.The school has well maintained and well equipped labs. It also has audio-visual aids to boost teaching. Extracurricular activities include Indoor and Outdoor games- Yoga, Chess, Karate, Table Tennis, Basket Ball, Badminton, Cricket, Life Skills, Music, Dance, and Athletics. The school also has an Auditorium. "

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