hello folks... first of all heartiest congrats to all those who have made it to the GD/PI... its nice to read ur posts.. reminds me of the same kinda queries we all had on d same thread last year...!! like my friend digvijay has been telling u.. now u all have just 10 days or so in ur hand...
case study or a GD topic anything or both...can come..
just brush up ur general awareness..listen to the news for 30minutes daily..
or read atleast one newspaper..
dont overburden urself wid lotsa material..just precise,to d point and relevant information will help u out crack ur GDand PI
have the confidence,the aptitute...give ur best..
dont worry...get working ...!! good luck to all...!!:satisfie:
Basic Economics for GDPI: 1.What is Economics? Economics is the branch of knowledge that deals with use of scarce resource to satisfy unlimited human wants. We have to understand that human wants are unlimited in the sense that no amount of wealth and resources can fulfill all wants of a person. On the other hand resources are obviously limited. The basic subject matter of economics is to use these resources and produce goods and services that are capable of satisfying human wants to the maximum extent possible. Samuelson and Nordhaus phrase it in following words: Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. So it is a science related with optimization of use of resources for the fulfillment of human wants. It must be noted that economics is neutral among ends. It is concerned only with the use of scarce means (Robbins) It means that the subject field includes the use of limited resources only, having alternative uses, to satisfy human wants. It does not include the notions of good and bad. Anything that satisfies a human want (even tobacco, alcohol etc) and has limited availability comes under the subject field of economics. On the other hand, free air, though crucial for our existence in not a subject matter of economics, since it is not scarce. Some goods are economic goods at one place or time, and non economic goods at other time. Water for example, is not an economic good for that living beside a river, but it is an economic good to those who are required to pay for it. Economic goods are also known as commodities. 2. What is the subject matter of economics? Many people think that economics is predominantly related to stock market. The truth is that stock market economics covers only a small portion of the scope of economics. (A) From the definition of economics given above we can derive the subject matter easily. The definition implies that resources can be put to alternative uses, to produce different commodities. Among these possible alternative uses, a society needs to decide the first question What to produce? When everyone wants everything in unlimited quantity, a decision has to be taken about the priorities of production. These priorities are determined by the priority on the population in terms of their consuming preference. So our first basic question is related to the decision about the consumption, and hence it is related with Consumer Behaviour. (B) After making the decision about what to produce among various possible groups of commodities, another question that comes to surface is How to produce? The question arises from the fact that there might be more than one way to make a commodity. Decisions are to be taken about the production method among different available options Production Possibility Curve: Production Possibility curve above displays the possibilities of two commodities Food and Computers. If the country chooses to produce only Computer, its level of production is displayed on X -axis; similarly in case if all resources are exclusively put to produce Food, the level of production as visible on Y- axis. The curve displays the different combination of product Computer and Food that the country can produce. The PP curve shifts outward in the long run due to two reasons: First, there might be increase in availability of resources or, Second, there might be improvement in technology, thereby increase in the efficiency of production An economy should strive to produce at a level which lies on the PP curve, and not under it. This fundamental question in discussed in The Theory of Product 3. For whom to Produce: Production is usually a collective effort of economic resources. Land, Labour, Capital and Entrepreneurship are considered as the basic factors of production. Land fetches rent, while labour gets wages. Capital is rewarded with interest, and the residue goes to entrepreneur as profit. Due to collective effort of more than one factors of production, the distribution of revenue received by sale proceed has to be distributed among them in accordance with their efforts in the process. Theory of Distribution deals with the third fundamental question of economics i.e. for whom to produce? The way these questions are answered in economy decides its basic nature. In case these questions are tackled by market forces of demand and supply, it creates a Capitalist Economy, and when the fundamental priorities as well as balance among factors of production is determined by respective Governments, it results in a Socialist Economy. Capitalist v/s Socialist economic system A simple approach to characteristics of economic systems: A system in which factors of production are owned and controlled by individuals is a Capitalist system, and conversely, a system in which factors of productions are owned and controlled by public (i.e. The Government) is a Socialist economic system. No country is either perfectly capitalist or socialist, But some or close to one or the other system. __________________
woaaaaaaaaa dude trying to scare some one..helloo nobody gonna ask you all this stuff..that goes for any gd pi process...sibm scmhrd where ever.......chilll..its gonna be a 2 para case study medium difficulty...jus think aloud there...n one very very important thing please all mind your body language..last time i saw in my group people were behaving n sitting like they were in their pa's office or their drwaing room..ok so leave that attitude out of the box....lolz...so take it easy n go after your acads...brush up your grad books and newspapers....:D
rest enjoy n please don't scare each other.....nobody wants you to be amartya sen or someone....so enjoy
hello folks... first of all heartiest congrats to all those who have made it to the GD/PI... its nice to read ur posts.. reminds me of the same kinda queries we all had on d same thread last year...!! like my friend digvijay has been telling u.. now u all have just 10 days or so in ur hand...
case study or a GD topic anything or both...can come..
just brush up ur general awareness..listen to the news for 30minutes daily..
or read atleast one newspaper..
dont overburden urself wid lotsa material..just precise,to d point and relevant information will help u out crack ur GDand PI
have the confidence,the aptitute...give ur best..
dont worry...get working ...!! good luck to all...!!:satisfie:
heloows so people shoot all ur questions to her...cummonnn..
Have got a call from SIMS . Can u confirm and shed light on the foll- 1) There are 2 interviews . 2) ppl are asked to write a short write-up . What are the topics normally? 3)There is a GD which includes case study. 4)What kind of questions can one expect at the PI . Am an economics graduate with 3 yrs of work ex at a l;eading bank . What kind of questions to expect...
Also what topics to prepare on for GD. Any website etc which gives useful info in this ....?
Have got a call from SIMS . Can u confirm and shed light on the foll- 1) There are 2 interviews . 2) ppl are asked to write a short write-up . What are the topics normally? 3)There is a GD which includes case study. 4)What kind of questions can one expect at the PI . Am an economics graduate with 3 yrs of work ex at a l;eading bank . What kind of questions to expect...
Also what topics to prepare on for GD. Any website etc which gives useful info in this ....?
pls advise
yup 2 pi pyscometric testing is the litmus test i.e even though one'sr gr8 in gd pi n snap score but if not fitting the bill for a future simsite..then his name won't figure up in the final list.
yup 2 pi pyscometric testing is the litmus test i.e even though one'sr gr8 in gd pi n snap score but if not fitting the bill for a future simsite..then his name won't figure up in the final list.
for pi part brush up ur acads bigggggg time....
Hi Digi, Could you elaborate on the "psycometric testing" and the "brushing up acads" a little more
sorry mate thats a NO @alen dude herz ur ans abt psycometric test then it wil be a lie if i tell you this gonna come or such questionis come as the name suggests anything can come ..hmm closest wud be army ssb psycometrics...4 tests in all..but one is an essay.... you'll get a good chance to tell their y you want to join sims...caz thats one of the questions which is asked secoond being " tell something about urself higlighting your good/bad qualities n substantiate it with some examples)...
hey another important thing abt SIMS pi pi(1) u'll be talking about gk...loads of it...and in case u have a psycologist on panel then be prepared to ans quest. like which is the most used key on the keyboard n stuff like this...phew ..also brush up ur grad books please...this is imp. pi(2) u'll be talking about ur self....making small presentation, giving answers to simple questions like " me being a very ol man(layman) please explain me the diff b/w a calci n a pc" " architectural diffb/w a calculator and a computer"
so thats that aur kuch ..hey another thing i feel which helped me crack a lot of gd pi's hmm open up rediff.com and search for gd pi n related stuff u'll find a lot of informative material there...also look in the section below newz there u'll find topics of interest.
n one more thng n very imp thing is " please mind ur body language in gd n pi " last year i saw many well spoken candidates not being selected because either they were aggressive, or acted smart alecs(read casual body language)...so beware of these pit falls n rest wud be legend.
regards digi (the above scraps are frm orkut where their is a community sims batch 2007 )
digi bhai..........well me getting really tied up with work ..YEAR end approaching.....MARCH.targets to be met.I guess no time to refresh the OLD college stuff......and now am 3 years+ out of touch...Mech Engg..really vast field..........my present job is also Mech related..so is it safe to hope in the PI round the questions would be more WORK related rather than the BOOK based!!!!!
hi guys.. m new to dis forum.. n jus came across a thread on sims pune n i ws soooo glad 2 see so many aspirants...cus frankly speakin i wasn expectin a thread on sims... i m from a science background but tuk up BMS (BBA) in grad...and scored a distinction 75% i jus wanted 2 ask wht shud i study fer d PI regardin my grad subjects..will a few basic concepts of marketing and HR do?... as in the 4 p's of marketin or advertising techniques n basic recruitment practices or performance appraisal system in HR... ??? cus i dun remember much beyond dis...can sum1 4om bms bakground pls help me out!!
also wht is d dress code fer d gd/pi..last time it was sarees fer girls..but this time nthn is mentioned...
sorry mate thats a NO @alen dude herz ur ans abt psycometric test then it wil be a lie if i tell you this gonna come or such questionis come as the name suggests anything can come ..hmm closest wud be army ssb psycometrics...4 tests in all..but one is an essay.... you'll get a good chance to tell their y you want to join sims...caz thats one of the questions which is asked secoond being " tell something about urself higlighting your good/bad qualities n substantiate it with some examples)...
hey another important thing abt SIMS pi pi(1) u'll be talking about gk...loads of it...and in case u have a psycologist on panel then be prepared to ans quest. like which is the most used key on the keyboard n stuff like this...phew ..also brush up ur grad books please...this is imp. pi(2) u'll be talking about ur self....making small presentation, giving answers to simple questions like " me being a very ol man(layman) please explain me the diff b/w a calci n a pc" " architectural diffb/w a calculator and a computer"
so thats that aur kuch ..hey another thing i feel which helped me crack a lot of gd pi's hmm open up rediff.com and search for gd pi n related stuff u'll find a lot of informative material there...also look in the section below newz there u'll find topics of interest.
n one more thng n very imp thing is " please mind ur body language in gd n pi " last year i saw many well spoken candidates not being selected because either they were aggressive, or acted smart alecs(read casual body language)...so beware of these pit falls n rest wud be legend.
regards digi (the above scraps are frm orkut where their is a community sims batch 2007 )
hey thnks for d help.. i have a few questions :
1. i am a science graduate.. y subjects being chemistry,microbiology,botany. what kinda quesiotns do i expect in the pi.?any commerce based qustions or eco based.. n i am dead. shud i start reading more abt eco n commerce?(which wont be very fruitful coz there r hardly any days left) or i shud still brush up my life sciences subjects? u think they will ask me something frm my course? or rather would they know enough to ask me questions frm my sybjects?
2.do we hv to wear sarees for the interview?
3.case studies? to solve them n give solutions whats rquired? common sense n ligic or a sound base of eco n commerce?
m really worried abt these things.. so pls help me out!!!
I called up SIMS regarding the dress code and they said that guys should come in dark suits and gurls in sarees
dress code not mentioned...so wat...any gd pi its formals no rocket science people..guys wear a dark suit or combo....gals wear sarees n plzzzz avoid sleeveless blouses...abt grads for exp holders u won't be asked abt acads much..n freshers anything can come ur way so be prepared..better prepare than be sorry...hey no one can read up all grad books in 2 days..apply ur brains n read wats most likely to be asked...prepare hard..nn plz as soon as u give ur gd n pi post ur exp here for others to read...thats a plz for all..it helps...
1. i am a science graduate.. y subjects being chemistry,microbiology,botany. what kinda quesiotns do i expect in the pi.?any commerce based qustions or eco based.. n i am dead. shud i start reading more abt eco n commerce?(which wont be very fruitful coz there r hardly any days left) or i shud still brush up my life sciences subjects? u think they will ask me something frm my course? or rather would they know enough to ask me questions frm my sybjects?
2.do we hv to wear sarees for the interview?
3.case studies? to solve them n give solutions whats rquired? common sense n ligic or a sound base of eco n commerce?
m really worried abt these things.. so pls help me out!!!
hi about tackling case studies this was what i did n still do step 1: read it underline main points step 2: identify the real issue step 3: identify sub issues step 4: identify solutions to the issues step 5: choose the best alternative step 6: keep a backup alternative DISCUSS THE CASE...:d so i hope i have answered it satisfactorily...ok look the gd is for 15-20min n wid 11 people in a grp its enuff time...so don't make fish market n know when to enter the gd...research upon gd ...do it on rediff..u'll get all the gyan on net. PS : do read SIBM's last year threads there ull find some case studies being discussed hmm or was that scmhrd's thread..anyhow u do the research n get the gyan... tc
hey Raveesh..... i feel the same... this thread is DEAD!!!!! Cmon people!!!!!!!!!!!!!!!! welll even i have got GD/PI on 3rd at DELHI but morning slot...9 am... so temme how u preparin???? brushed up acads????
hi its anirban hvng gd/pi on 2 feb at army lw klg at mohallibatch C-105 tm 08:00 to 01:00 any 1 dr 4 mohalli kntact me at 09416091793 or email me at [email protected]
hi its anirban hvng gd/pi on 2 feb at army lw klg at mohallibatch C-105 tm 08:00 to 01:00 any 1 dr 4 mohalli kntact me at 09416091793 or email me at [email protected]
hi about tackling case studies this was what i did n still do step 1: read it underline main points step 2: identify the real issue step 3: identify sub issues step 4: identify solutions to the issues step 5: choose the best alternative step 6: keep a backup alternative DISCUSS THE CASE...:d so i hope i have answered it satisfactorily...ok look the gd is for 15-20min n wid 11 people in a grp its enuff time...so don't make fish market n know when to enter the gd...research upon gd ...do it on rediff..u'll get all the gyan on net. PS : do read SIBM's last year threads there ull find some case studies being discussed hmm or was that scmhrd's thread..anyhow u do the research n get the gyan... tc
hey days cool ..thanx.. but i would appreciate if u could pls answer my other queries as well.. me being a science graduate.. i had doubts as to what might i be asked in my interview??????????? why arent people interested in replyin here..
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