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The IUP Journal of Physics
Focus

There cannot be a better fulfilling activity for an academic institution than launching a journal. And, there cannot be a better way of launching a journal in the discipline of physics, than with a lead article that deals with the phenomenon of dualism—of particles appearing as waves and waves appearing as particles—the paradoxes and contradictions of which led to intensive, exhaustive, and highly emotional discussions among such stalwarts of physics as Heisenberg, Bohr and Schrodinger in the 1920s, and which made Heisenberg question himself repeatedly late into night: "Can nature possibly be so absurd as it seemed to us in these atomic experiments?"

This agony continued till Neils Bohr along with other Physicists at Copenhagen, resolved it by proposing the `Complementarity Principle', according to which a quantum can either behave as a particle or as a wave, but can never be both simultaneously. This perhaps made physicists, led by Heisenberg and Bohr, to move towards Indian mysticism which proclaimed its inadequacies in capturing the `ultimate' in the known language: tad ejati, tan naijati, tad dure tad vad antike/tad antarasya sarvasya tad u sarvasyasya bahyatah, "It moves, and It moves not; It is far, and It is near; It is within all this, and It is also outside all this" and realize that the universe is "a web of relations between the various parts of a unified whole".

At a later stage, a less orthodox interpretation of this dualism was proposed by Englert: the wave and particle attributes of quanton are allowed to co-exist with a postulation that a stronger manifestation of the particle nature results in a weaker manifestation of wave nature, and vice versa. And Englert coined the phrase `duality condition' to describe it. This was followed by experiments—welcher weg (`which path')—in interferometers and such other setups with an objective to prove or disprove the `Complimentarity Principle'.

Among them, the experiment carried out by Shahriar S Afshar at the IRIMS—the findings of which are published in the New Scientist invalidating the `Complimentarity Principle', duly backed by the father of the transactional interpretation of Quantum mechanics, John G Cramer—has been sensational. This sensational claim of Afshar has, of course, been rejected by many, each in his/her own way.

Against this backdrop, Danko Dimchev Georgiev, the author of the first article of this issue, "Quantum Operator Approach to Unruh's and Afshar's Setups", presents a complete mathematical proof of non-existent which way information in both `Unruh's and Afshar's setups' that is written in the formalism of quantum operators. He states: "The belief that the lens at the image plane always provides which way information independent of the setup is fallacious and mathematically inconsistent."

In the next article of the issue, "Group theory, Three Vectors and Maxwell-Lorentz Matrix", the authors David Pendleton J, López-Bonilla J and Sosa-Caraveo C have demonstrated the intimate connection of Maxwell equations with the Lorentz group and in the process, have come up with an interesting symmetry of the Hermitian and Unitary generator matrices.

Driven by the belief that Lagrangian systems have been receiving renewed attention in the recent past, authors Sadeghi J and Imani A of the article, "The Solution of Three Coupled Scalar Fields", have proposed an exact approach for the solution of three coupled scalar fields. The authors opine that the solutions proposed by them may be useful to any cosmological system in five dimensions.

The authors César Mora and Rubén Sánchez of the next article, "A Survey of Lanczos Potential", have presented a short survey of the properties of Lanczos potential and commented upon its relevancy for derivation of the Weyl Curvature tensor, along with examples. The authors opine that the parallelism of the tensor with the corresponding electromagnetic potential vector paves the way for a better understanding of the behavior of the gravitational field.

The last and equally interesting article of this maiden issue articulates a phenomenon which is perhaps as old as the discipline of Physics, "Equality and Identity and (In)distinguishability in Classical and Quantum Mechanics from the Point of View of Newton's Notion of State". Peter Enders, the author of the article, argues that the treatment of equality, identity and (in)distinguishability shows that Newton's notion of state should not be abandoned, but be exploited in addition to Laplace's one.

Launching a research journal is, as always, a very satisfying event for us at the IUP, although it is a challenging task of immense responsibility. We therefore, earnestly appeal to all the researchers to use our journal as a platform to disseminate the results of their research.

We look towards you for the success of our humble endeavor!

- GRK Murty
Consulting Editor

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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Physics