All the papers have only GA, there are hardly 2-3 banking related questions in each set.
thank you for the support, lets get started the topics that we will have to cover are Economy, Science and Tech., Current Events, Persons in News,Places in News, Book Authors, Important Awards and Honors, Sports, Commissions/Appointments/Resignations, Banking Knowledge etc.
One excellent source for GK Preparation is this website.
I don't know what all clerical functions you'll be doing. But it will have nothing to do with economics or banking. A clerk can be asked to do various types of small tasks. A Bank PO position in a commercial bank would be more respected position. :nono: I have been RBI Young scholar twice and know about the hierarchy. One of the assistants was responsible for maintaining attendance register of all the interns.
Thats very discouraging yaar that an assistant will be required to perform activities like maintenance of attendance register and like. Although I am preparing for bank PO as well but seriously my ultimate goal is RBI grade B, so what do you suggest as the salary structure of an assistant is tremendously low.
waddatractor Says
Various meetings??? Please elaborate a bit.
Buddy meetings I mean to say various important conferences that takes place across the globe like SAARC, IBSA, ASEAN and many more.
Thanks a lot Swapnil. Yes I try doing them by way of approximation only, but While solving from SBI PO I found the options were really close so minute difference in approx might lead to wrong answers. I hope the DI standard is not as tough as in SBI PO.(preparing for the worst, You never know what kind of paper will come.) Economics A-Z terms beginning with D | The Economist I find this link very useful for gaining knowledge abt Economic terms. Btw, Have anyone of You applied for National Insurance exam as well?They have not sent any confirmation of registration na, unlike RBI, SBI and IBPS.To top up the tension, There is no Sample or previous year papers available on Net.Kindly share some papers If you all find any.
Hi Guys, Good aftrnoon. Am really down today have been trying to solve Quant section of sample papers of Grade B but with horrible results. Am I overdoing it? Should I follow IBPS or SBI clerical only? Even last few years sample papers is not availble for dis Exam.Don't knw how to repair my damaged confidence and do well in Quant section. For Gk, Another good link is jagranjosh.com: lists various current affairs in comprehensive manner. @swapnil : are u appearing fr ds exam?
Hi Guys, Good aftrnoon. Am really down today have been trying to solve Quant section of sample papers of Grade B but with horrible results. Am I overdoing it? Should I follow IBPS or SBI clerical only? Even last few years sample papers is not availble for dis Exam.Don't knw how to repair my damaged confidence and do well in Quant section. For Gk, Another good link is jagranjosh.com: lists various current affairs in comprehensive manner. @swapnil : are u appearing fr ds exam?
Don't be down, its just a bad day (for me too). Grade B is Quite above level, not meant to be prepared for this kind of exam. Try to solve PO level papers of various banks given in PD.
Golden Revolution- Fruit Production Grey Revolution- Fertilizer Production Blue Revolution- Fish Production Black Revolution- Petroleum Production Pink Revolution- Prawn Production Round Revolution- Potato Production Red Revolution- Meat/Tomato Production Silver Revolution- Egg/Poultry Production White Revolution- Milk Production Yellow Revolution- Oil seeds Production
Okie.Will try to get hold of some previous year Clerk papers. :) Here are the topics for IT : Introduction of Computer and History Operating and DOS -PC and System Software -Computer Net work Computer Device MS Word: MS Excel -Internet -Programming Language -Various Uses of Computer -Hardware -software -security -networking -internet I hope that covers most questions under computer. Another site for GK: Economy /Business India Current Affairs
WHAT IS REPO? A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is the sale of securities together with an agreement for the seller to buy back the securities at a later date. The repurchase price should be greater than the original sale price, the difference effectively representing interest, sometimes called the repo rate. The party that originally buys the securities effectively acts as a lender. The original seller is effectively acting as a borrower, using their security as collateral for a secured cash loan at a fixed rate of interest .
Reverse Repo A reverse repo is simply the same repurchase agreement from the buyer's viewpoint, not the seller's. Hence, the seller executing the transaction would describe it as a "repo", while the buyer in the same transaction would describe it a "reverse repo". So "repo" and "reverse repo" are exactly the same kind of transaction, just described from opposite viewpoints. The term "reverse repo and sale" is commonly used to describe the creation of a short position in a debt instrument where the buyer in the repo transaction immediately sells the security provided by the seller on the open market. On the settlement date of the repo, the buyer acquires the relevant security on the open market and delivers it to the seller. In such a short transaction the seller is wagering that the relevant security will decline in value between the date of the repo and the settlement date.
Bank Rate This is the rate at which RBI lends money to other banks (or financial institutions . The bank rate signals the central bank's long-term outlook on interest rates. If the bank rate moves up, long-term interest rates also tend to move up, and vice-versa. Banks make a profit by borrowing at a lower rate and lending the same funds at a higher rate of interest. If the RBI hikes the bank rate (this is currently 9.5 per cent), the interest that a bank pays for borrowing money (banks borrow money either from each other or from the RBI) increases. It, in turn, hikes its own lending rates to ensure it continues to make a profit. Call Rate Call rate is the interest rate paid by the banks for lending and borrowing for daily fund requirement. Since banks need funds on a daily basis, they lend to and borrow from other banks according to their daily or short-term requirements on a regular basis. CRR Also called the cash reserve ratio, refers to a portion of deposits (as cash) which banks have to keep/maintain with the RBI. This serves two purposes. It ensures that a portion of bank deposits is totally risk-free and secondly it enables that RBI control liquidity in the system, and thereby, inflation by tying their hands in lending money SLR Besides the CRR, banks are required to invest a portion of their deposits in government securities as a part of their statutory liquidity ratio (SLR) requirements. What SLR does is again restrict the bank's leverage in pumping more money into the economy.
puys visit this website Current Affairs Quiz on the right side you will find "Archives" select the month you want to study and go through all the pages for that particular month, it covers almost all the topics.