RBI Grade B 2019- From Notification to Selection

 

Hello everyone..........Anybody interested in buying Anuj Jindal's RBI Grade B 2020 PDFs DM me your mail, content includes both static and current syllabus of Economic and Social Issues, Finance and Management, price is 450.


RBI Grade B 2020 Preparation Material : RBI Grade B 2020 Complete and Targeted Material from Anuj Jindal for ESI, Finance, English Descriptive and Management covering both static and current topics of Phase 2 completetly, interested people ping your mail.

Hi everyone, I cleared RBI Grade B exam in 2018 and maintain a blog on the same. Here's the blog's link -  https://skidha.home.blog/ 

I would like to share a recent Quora answer that I wrote on how best to cover website of various domestic and international institutions for RBI Grade B exam. Link to the answer - https://qr.ae/pNKsXF

 

Useful for RBI Grade B & SEBI Grade A: 

https://youtu.be/mCLf8Ri6xPI

 

Hello everyone..........Anybody interested in buying  RBI Grade B 2020 PDFs DM me your mail, content includes both static and current syllabus of Economic and Social Issues, Finance and Management, price is 500.

Share your mail or dm for more details.


Hi friends, I cleared RBI Grade B in 2018 without going for any coaching notes. I relied solely on freely available good quality material from the net. I have written a blog on the same theme of how one can clear this exam without the use of expensive and sometimes poor quality coaching material. The link to my blog is - 

https://skidha.home.blog/ 

During my preparation days, I was not active on any social media platform and PG was the only platform where I used to come looking for updates on the exam. That's why I make it a point to post the blog's link here from time to time, hoping it would be helpful to some of you at some point of time.

Less 

Myths about RBI GRADE B Phase I

First thing about RBI GRADE B Preparation is , this exam preparation is over-hyped.

You may find many videos on youtube for RBI GRADE B preparation but you will not be able to find right guidance for preparation.

The preparation is very simple like other exam before that you must be aware about what you need to study.

The RBI GRADE B exam preparation is over-hyped by coaching platforms while preparation required hard work and right approach in preparation .

RBI GRADE B Phase I level is similar to IBPS Clerk/PO exam (exception 2017) if we consider 2016, 2018, 2019 and same can be expected in 2020. 2021….

RBI GRADE B PHASE I Pattern as follows:

General Awareness 80 Questions 80 Marks 25 Minutes

Reasoning 60 Questions 60 Marks 45 Minutes

Quantitative Aptitude 30 Questions 30 Marks 25 Minutes

English Language 30 Questions 30 Marks 25 Minutes

Quant, Reasoning, English - Only Practice can make you Prefect. Questions are being asked on basic basic concepts (refer Youtube video)

For General Awareness -Maximum Last 3 months current Affairs and Finance and Banking awareness.

Everyone will recommend you for 6 months current affairs and that is completely misleading. You can google previous year questions and search news related to that question and check RBI Grade B Phase I exam date in that particular year, You will find that maximum questions will be from last two months.

General Awareness (80 Question 80 Marks) play main role in your selection in Phase I and if you are going for 6 months, your accuracy will be hampered definitely.

You can score 60+ in GA if you are following right approach for GA.

We always recommend, do not go beyond 3 months General awareness for Phase I.

And cover GA from two sources.

Refer Home | Crack GradeB monthly current affairs and you can refer any free source of GA for banking exams.

Quant, Reasoning, English- Watch free Videos in Youtube on latest pattern of questions and practice mock tests.

Now days Ratio of shortlisting candidates for Phase 2 has been reduced by RBI as in 2019 it was 1:13 approx means for one vacancy they shortlisted 13 students for Phase 2.

Earlier it was 1:20 approx in 2016, 2017, 2018 and cut off of Phase I was approx 100+/-5.

But due to decrease in the ratio of shortlisting cut off in 2019 fro general category was 122. So you have to practice a lot to increase your speed to attempt questions.

And have to target 60+ in GA.

Watch this detailed analysis of RBI Grade B Phase I before start of your preparation.

In next video, we will discuss how to prepare for RBI GRADE B PHASE II.

https://youtu.be/sZHqIyp3bk4

 

https://youtu.be/jSSaUhPYqjw

Previous year Paper of NABARD GRADE A 

https://www.crackgradeb.com/home/course/previous-year-papers-for-rbi-nabard-sebi-irda-fssai-epfo/21 

JOIN HERE FOR COMPLETE PREPARATION OF RBI GR B 2020 AT https://www.facebook.com/groups/rbi.grade.b.prelim.main/?ref=share STUDY MATERIAL AVAILABLE AT LOWEST PRICE

Hi friends, I cleared RBI Grade B in 2018 without going for any coaching notes. I have laid down my approach towards the exam in the form of a blog. Recently, I've created a blog post describing how to go about preparing for all 3 phases of the exam in an integrated manner on a daily basis. Here's a link to the post - 

https://skidha.home.blog/2019/03/14/strategy/ 

 

Demand and Supply for SEBI GRADE A 2020

Demand and Supply

For demand:

https://youtu.be/J69kK6WyO0E

For Supply:

https://youtu.be/WaRWe2FjToI

Register at our website and subscribe free content of PAPER 2 for SEBI GRADE A 2020.

For ease of accessing the study material use Google chrome browser.

https://www.crackgradeb.com/home/course/free-study-materials-for-sebi-grade-a/26

  

IMPORTANT TOPIC FOR RBI GR B 2020 EXAM ‘Balance of Payment’

Balance Of Payment (BOP) is a statement which records all the monetary transactions made between residents of a country and the rest of the world during any given period. This statement includes all the transactions made by/to individuals, corporates and the government and helps in monitoring the flow of funds to develop the economy. When all the elements are correctly included in the BOP, it should sum up to zero in a perfect scenario. This means the inflows and outflows of funds should balance out. However, this does not ideally happen in most cases.BOP statement of a country indicates whether the country has a surplus or a deficit of funds i.e when a country’s export is more than its import, its BOP is said to be in surplus. On the other hand, BOP deficit indicates that a country’s imports are more than its exports. Tracking the transactions under BOP is something similar to the double entry system of accounting. This means, all the transaction will have a debit entry and a corresponding credit entry.

WHY BALANCE OF PAYMENT IS VITAL FOR A COUNTRY?

A country’s BOP is vital for the following reasons:

  • BOP of a country reveals its financial and economic status.
  • BOP statement can be used as an indicator to determine whether the country’s currency value is appreciating or depreciating.
  • BOP statement helps the Government to decide on fiscal and trade policies.
  • It provides important information to analyze and understand the economic dealings of a country with other countries.

By studying its BOP statement and its components closely, one would be able to identify trends that may be beneficial or harmful to the economy of the county and thus, then take appropriate measures.

ELEMENTS OF BALANCE OF PAYMENT

There are three components of balance of payment viz current account, capital account, and financial account. The total of the current account must balance with the total of capital and financial accounts in ideal situations.  

CURRENT ACCOUNT

The current account is used to monitor the inflow and outflow of goods and services between countries. This account covers all the receipts and payments made with respect to raw materials and manufactured goods. It also includes receipts from engineering, tourism, transportation, business services, stocks, and royalties from patents and copyrights. When all the goods and services are combined, together they make up to a country’s Balance Of Trade (BOT).There are various categories of trade and transfers which happen across countries. It could be visible or invisible trading, unilateral transfers or other payments/receipts. Trading in goods between countries are referred to as visible items and import/export of services (banking, information technology etc) are referred to as invisible items. Unilateral transfers refer to money sent as gifts or donations to residents of foreign countries. This can also be personal transfers like –  money sent by relatives to their family located in another country.

CAPITAL ACCOUNT

All capital transactions between the countries are monitored through the capital account. Capital transactions include the purchase and sale of assets (non-financial) like land and properties. The capital account also includes the flow of taxes, purchase and sale of fixed assets etc by migrants moving out/in to a different country. The deficit or surplus in the current account is managed through the finance from capital account and vice versa.There are 3 major elements of capital account:

  • Loans & borrowings – It includes all types of loans from both the private and public sectors located in foreign countries.
  • Investments – These are funds invested in the corporate stocks by non-residents.
  • Foreign exchange reserves – Foreign exchange reserves held by the central bank of a country to monitor and control the exchange rate does impact the capital account.  

The flow of funds from and to foreign countries through various investments in real estates, business ventures, foreign direct investments etc is monitored through the financial account. This account measures the changes in the foreign ownership of domestic assets and domestic ownership of foreign assets. On analyzing these changes, it can be understood if the country is selling or acquiring more assets (like gold, stocks, equity etc).

ILLUSTRATION

if for the year 2018 the value of exported goods from India is Rs. 80 lakhs and the value of imported items to India is 100 lakhs, then India has a trade deficit of Rs. 20 lakhs for the year 2018.BOP statement acts as an economic indicator to identify the trade deficit or surplus situation of a country. Analyzing and understanding the BOP of a country goes beyond just deducting the outflows of funds from inflows. As mentioned above, there are various components of BOP and fluctuations in these accounts which provide a clear indication about which sector of the economy needs to be developed.
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I have doubt regarding exam plzzz help me

 Myths about ESI Paper of RBI Grade B Exam:

1.All Government Schemes from UPSC coaching websites

2.Last One Year Current Affairs.

3.India Year Book.

4.All reports/indices in news. 


Analysis of Last three years Paper of ESI of RBI Grade B Phase 2

https://youtu.be/8137u9D4-yo




Hey folks, I have Non Video course subscription of Edutap(2020) worth 10K and I haven't used Mocks, Quizzes or anything else out of it. I am giving it away at a huge discount. Validity is upto the completion of RBI Grade B 2020. Check out the course details, here is the link - https://courses.edutap.co.in/learn/RBI-Grade-B-2020-Phase-1-2-Non-Video-Course? Interested people, contact me (call/....) on 8708688177 Regards - Dhanesh Kumar

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 RBI Monetary Policy Highlights: Repo rate cut on hold; Shaktikanta Das unveils liquidity, stimulus measures 

In a statement that sets out various developmental and regulatory policy measures to enhance liquidity support for financial markets and other stakeholders, the resolution of the Monetary Policy Committee (MPC) of RBI on Thursday stated about easing of financial stress caused by COVID-19 disruptions through liquidity management, regulation and supervision, financial inclusions and payments and settlements.Some measures include strengthening credit discipline to improve the flow of credit, deepen digital payments, augment customer safety in cheque payments, and facilitate innovation across the financial sector by leveraging on technology through an Innovation Hub. 

Here are the five major highlights of the Monetary Policy Statement: 

REVISED PRIORITY SECTOR LENDING TO INCLUDE START-UPS 

The struggling startup community in India, currently facing a liquidity crunch, is pinning hopes on a revival after the Reserve Bank of India (RBI) announced that it will broaden the scope of Priority Sector Lending (PSL) to include them too.The announcement came after the RBI Governor Shantikanta Das called for a “policy-reorientation” to help startups that were facing funding challenges due to the COVID pandemic. Das had acknowledged that it has become imperative to re-orient the policy focus to aid the startups that would be critical for employment generation and overall economic growth.

DEBT RESTRUCTURING TO HELP INDIAN COMPANIES TO TIDE OVER COVID-19 CRISIS 

The RBI’s plan to allow one-time debt restructuring and setting up an expert committee headed by former banker K V Kamath for corporate and personal loans resolution will provide much-needed relief to Indian companies once the moratorium on loans ends this month.A host of Indian companies led by airlines, hotels, travel and tourism, real estate and media are expected to fall into a financial crisis, as their cash flows dried up due to the nationwide lockdown announced by the Indian government to contain the Coronavirus pandemic.

INNOVATION HUB FOR THE FINANCE SECTOR IN INDIA 

“The Innovation Hub will act as a centre for ideation and incubation of new capabilities which can be leveraged to create innovative and viable financial products and/or services to help achieve the wider objectives of deepening financial inclusion, efficient banking services, business continuity in times of emergency, strengthening consumer protection,” said the statement.The statement further informed about the Regulatory Sandbox framework being one such recent initiative in which Digital Payments were the first cohort. Six proposals were accepted under the Sandbox, the pilot studies/trials of which have been delayed on account of the present COVID-19 situation. Areas such as cybersecurity, data analytics, delivery platforms, payments services, etc., remain at the forefront when we think of innovation in the financial sector.The statement added that the Innovation Hub will support, promote, and hand-hold cross-thinking “spanning regulatory remits and national boundaries.”

RESTRUCTURING OF MSME DEBT 

Recognising the need for continued support to MSMEs’ meaningful restructuring, it has been decided that, in respect of MSME borrowers facing stress on account of the economic fallout of the pandemic, lending institutions may restructure the debt under the existing framework, provided the borrower’s account was classified as standard with the lender as on March 1, 2020. This restructuring shall be implemented by March 31, 2021.

LOAN RESTRUCTURING MOVE TO PROVIDE A BREATHER TO REAL ESTATE 

The RBI’s decision to extend a one-time restructuring term loans with up to 2 years moratorium is expected to provide a breather to stressed real estate developers and individual borrowers in the housing segment alike. The one-time restructuring of loans without classifying them as non-performing assets (NPAs) will be based on the recommendation of the expert committee steered by KV Kamath, said RBI. The central bank has also announced further liquidity infusion to the tune of Rs 5000 Crores to National Housing Board (NHB) which should be able to provide some relief during these times of crisis.“In order to shield the housing sector from liquidity disruptions under the prevailing conditions and augment the flow of finance to the sector, it has been decided to provide an additional standing liquidity facility (ASLF) of ₹5,000 crore to NHB – over and above ₹10,000 crores already provided – for supporting housing finance companies (HFCs). The facility will be for a period of one year and will be charged at the RBI’s repo rate, ” read the statement.  
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