Lets clear our doubts & excel in this exam.
English:
example of circular
copy and edited from rbi website .Just take some points and add it to your circular. There are some lines which are universal for writing in these type of Questions.
Question:
On behalf of RBI, issue a circular to all the subsidiary banks to open special cell to deal with entry of Banks into Insurance Business - Insurance Broking Business and expedite the essential procedures to apply for license within a specific period of time. (this question has been edited,it was asked in rbi grade b 2014)
Dear Sir/ Madam,
Entry of Banks into Insurance Business - Insurance Broking
Business Consequent to the announcement by the Finance Minister in the budget speech 2013_14 that banks will be permitted to act as insurance brokers, IRDA has formulated and notified the IRDA (Licensing of Banks as Insurance Brokers) Regulations, 2013 to enable banks to take up the business of insurance broking departmentally.
2. In order to enable banks to leverage their branch network for increasing insurance penetration, it has been decided to permit banks to undertake insurance broking business departmentally, subject to the requirements, including the minimum eligibility criteria, specified in the Annex. Banks desirous of offering insurance broking services should seek specific prior approval of Reserve Bank of India. Approvals would factor in the regulatory and supervisory comfort on various aspects of banks' functioning such as corporate governance, risk management and the arrangements proposed for undertaking insurance brokerage etc.
3. Banks offering insurance broking services shall not enter into any arrangement for corporate agency or insurance referral business.
4. The guidelines on insurance broking business will be reviewed after three years.
Yours faithfully (Chandan Sinha)
Principal Chief General Manager
Encl: As above
anyone suggest about any online mock test for phase 2 ??
how to prepare economics for phase 2?
can we fill rbi grade b form 2 times..i hav to change my optional for phase 2 .. plz do reply
I'm a PO 2015 batch. Really I hate transfers. Is there any best alternative to switch over.
I have no experience working anywhere, but while filling application it is not accepting exp. as zero. what should I do?
grade b phase 1 cut-off out! Is marks also available?
How was the exam?pls comment..either total marks out of 300 will be considered or section wise cutoff?
Hi all,
RBI has released notification for this years vacancy. It is a humble request to all those people who have appeared in RBI phase II in Dec 2015, to please guide us in this year's exam. Please tell the nature and type of questions asked in the objective exams. Any help will be highly appreciated.
Hi everyone...
As I am from btech in cse.I don't know the terminology of Economics which is important for RBI phase2...Can anyone suggest me basic buk to know terms in economy.Atleast I will be useful to clear exam by next year....
please suggest me online website for practicing essay and precise writting for rbi grade b exam also, tell me in detail for writting 500 words essay, which is the best font, size of text, heading font and size, single spaced OR double spaced which is best to write in essay?
Is F&M is compulsory??
Puyzz ... off topic... today a strange thing happened to me... when i was opening a new account in SBI, I found that there was an existing account opened in my name ... manager also have me full details of that account even the adhar no,address,dob was same.... but there was no pic ... i mean how z this possible??? PLZ SUGGEST ANY