RBI Grade B 2014 - (Phase 2)

Hi All,

This question may not be appropriate at this stage. But I would be thankful if any one of you can clarify.

1) "What are the chances that and RBI Grade B officer will be posted in home state. And in case the initial posting is out of home state, what are the chances of getting back to home state and after how many year"

2) How frequently location change happen during the tenure of your job

Thanks in advnace

interview on 15th,lucknow, last words of encouragement...

what is overseas direct investment?? in layman language....

difference between NBFC and bank. 

Dr. Rajan gave a speech at Dr. Verghese kurein memorial, and talked about how debt of bank is converted into equity....can anyone make me understand what he actually wants to say and how it actually happen....

what is fiscal drag?? and what is secular stagnation?? 

please suggest some books for phase two..

Hi puys.....this is for the upcoming interviewees...hope it shall be useful.......all the best......

follow the DIARY OF EVENTS.......for 2014(Jan-Dec) from the Hindu....a good short note for those who like to see the HEADINGS...both national and International(two links for two articles).....good luck.......


http://www.thehindu.com/todays-paper/tp-features/tp-editorialfeatures/diary-of-events-national-janua...


http://www.thehindu.com/todays-paper/tp-features/tp-editorialfeatures/international/article6778586.e...

Can some one please explain this!!

As a step to ease pressure on stressed assests, the RBI all has allowed lendres to restructure existing loans above  rs 500cr  to infrasctructure and core industries projects. 

Please suggest some topics to be prepared related to banking?


Facebook Group for 2015-16 Prep :

Hi friends, I requested a senior of mine who is in RBI to create a facebook group . He has prepared this group

https://www.facebook.com/groups/RBI201516/

and has made me admin. (Although that resulted me in joining facebook) .

Those of you who wish to prepare collectively for next exam may join but i will request you to please be active on Pagalguy. I will made some of you admin for the group so that it can be better managed collectively as I am not at all active on facebook but will post in the group.

Finally Dr Rajan has confidence in Inflation Expectation numbers. Repo down by 25 bps

interview experience-- date-15th Jan,2015

Venue-RBI,Lucknow

Category-Gen

Interview Medium-Hindi(I think I am more comfortable with Hindi,I wrote phase-2 also in Hindi)

Today total 14 candidates were there and I was the last to be interviewed.

Panel-Sardarji as chairperson and 4 other male members and one female member(I think I have seen her in loksabha channel debate videos,don't know her name)

They asked about hobbies(tt,badminton,writing poems,once made a short movie);two ques on computer science which I couldn't tell-metadata and bigdata in data structure(Graduation- Btech in Computer Science);why i want to be an ias (i wrote on biodata that i left my job for preparation of civil services) then why do you want to join RBI,will RBI not be hurdle in achieving your goal of civil services,some simple economy questions-what is growth rate of india,is it ok or low,what should be growth rate according to you,what will happen by good growth rate;Has faculty quality been diluted in IITs(I graduated from one of the new IITs)

thats all..

overall I think it was a nice experience.I would rate my performance from avg to avg+.Be real and be original and prepare graduation,work experience,hobbies,why RBI etc well if you are not from banking sector. 

Difference between financial awareness and financial literacy??

I don't have experience certificate. 

Will tat make problem during interview?? 

My interview on jan 22 chennai. 

@mnrjnbhr pls comment 

Hey guys.. Please answer my query. Raghuram Rajan recently decreased repo rate by 25 bsp. Its effects are:- Reduction in lending rates and deposit rates. I know d logic behind decrease in lending rates as cheaper loan from RBI will lead banks to give cheaper loans to corporates. But I didn't get d logic behind reduction in fixed deposit rates. Can u please explain??                                           PS- My guess.. Because banks find loans from RBI as cheaper, they don't need to attract customers to deposit money ( and pay unnecessary interest on deposit). Please tell if I am right or wrong with explanations.

how to prepare for phase 2 of the exam, ie. the social and finance management written paper coz i have an engineering background and have absolutely no idea about finance related topics  , and wha books to refer to for phase 2

Has anyone referred to the book Indian Economy-Performance and Policies by Uma Kapila ? How is the content and standard of the book ? Is it useful ?

Pls suggest me few book for preparation for rbi pre exam ...

Chennai guys any interview experience??