Results out
Selected guys (dr,depr,dism, specialists) can msg me for joining whtsapp / tg grp.
Finally ordeal ends. IN. Now it's RBI Grade B. Yoo! Next stop CSE. #Apnatimeayega #Hardworkpaysoff
THOSE WHO GOT SELECTED
CAN YOU TELL ME WHICH MATERIAL HELPED YOU THE MOST?
hi guys , i ll be taking the grade b exam for the first time this year . can someone please tell me how are ignou's mangement notes ? or should i go for sp robins +ignou ? please guide.
thanks
Selected candidates ko bahut badhai...lekin mere khyal se abhi bahut jyada khush hone ki nhi hai....kyuki ye court case latka hua hai...mere khyakbse selected candidates ko milke court me early hearing ke liye petition dalni chahiye...all d best
CONGRATULATIONS TO ALL WHO GOT SELECTED. I'm really proud of you guys..
Which is best material for RBI grade B ??qualified candidates help pls..
Do not lose hope. Work hard. Work better. All the best.
https://www.facebook.com/159626568152364/posts/381161149332237/
Click on the link above and like the post please! This is for a B-School Competition.
When will the marks of those who appeared in mains be declared?
#RBI GA
anyone selected from chandigarh circle?
VERY IMPORTANT FINANCE TOPIC FOR RBI GR B 2019 EXAM
Corporate Governance as Risk Mitigation:
Corporate governance is of vital importance to a company and is almost as important as its primary business plan. When executed successfully, it can prevent corporate scandals, fraud and the civil and criminal liability of the company. It also improves a company’s status in the public opinion as a self-policing company that is responsible and worthy of shareholder and debt holder capital. It commands the shared philosophy, practices and culture of an organization and its employees. Firm without a system of corporate governance is often regarded as a body without a soul or conscience. Corporate governance enables a company honest and free from trouble. If this shared attitude breaks down, then corners will be cut, products will be defective and management will grow complacent and corrupt. The end result is a fall that will occur when gravity in the form of audited financial reports, criminal investigations and federal probes finally catches up, destroying the company instantaneously. Deceitful and unethical dealings can cause shareholders to escape out of fear, distrust and disgust.
Plethora of research has revealed that good corporate governance can result in improved share price performance. It is well established in management reports that there is a great potential for good performance by companies, which have got good corporate governance mechanism and the greatest benefit is in developing companies. Studies have showed that investors are enthusiastic to invest in a better-governed company. Corporate Governance can be strong mechanism for development especially in country like India.
The following issues are important for good Corporate Governance.
1.The rights and obligation of shareholders.
2.Impartial treatment of all stakeholders.
3.The role of all stakeholders clearly defined and the linkage for corporate governance established.
4.Transparency, disclosure of information and audit.
5.The role of board of directors clearly defined.
6.The role of non-executive members of the board clearly defined.
7.Executive management and compensation and performance clearly defined.
How much is the minimum marks people can get in RBI interview??
Any telegram group for selected candidates?
Latest Upcoming Govt Jobs Notification in Various Government Department like Police, PSC, SSC, Courts, Agriculture, Postal, University, College, Secretariat and many other.
For joining the whtsapp / tg grp, Selected guys (gen.,depr,dsim, specialists) can msg here @Birdman007 or send call letter on telegrm @ cryogel
Purchasing Power Parity (PPP)
It states that the exchange rate of a currency with another (currency) is in equilibrium when their domestic purchasing power are equivalent at that exchange rate.
It means that a good should cost same in India and USA after considering the exchange rate of Indian Rupee (INR) and US Dollar (USD).
Suppose, the current exchange rate of Indian rupee to US Dollar is Rs. 60 perUSD (i.e., 1 USD = Rs. 60). Now suppose a laptop costs Rs. 60,000 in India.
According to the PPP theory, the laptop should cost USD (60,000 / 60) = USD 1,000 (considering the current exchange rate of these two currencies) to maintain parity in purchasing power of these two currencies.
But, it may happen that the actual market price of the laptop in USA is USD 800 (say) (equivalent to Rs. 48,000 in India). Therefore, there is an advantage of buying the laptop in USA at much less price than India (Rs. 12,000 less) (it means that the purchasing power is not in parity between these two currencies)
Indian consumers will go to the exchange office and sell their INR and buy USD, and then buy the laptop from USA. It will cause the Indian currency less valuablethan the US dollar.
The demand of laptop sold in India will decrease (since high price), and the priceof laptop will go down. In contrast, the demand of laptop in USA will increase, and the price will rise accordingly.
These factors will cause the exchange rate (of the currencies) and the prices (of laptops) to change such that there is purchasing power parity in both the currencies.
PPP theory tells us that the price differences between countries are not sustainable in the long run, as market forces will equalize prices between the countries and change the exchange rates accordingly.
(Relate the above example with companies that can buy goods in much less price from foreign countries and sell in much less price in India than its counterparts. For this reason, there are several laws or restrictions on imports and a provision of levying customs duty, etc.)
#RBI Grade B 2019