#RBI GA
Do you think that RBI Grade B online courses/materials (edutap, anujjindal, ixambee etc) are overhyped ?
- NOO
- YES
0 voters
Hi Guys, I had scored 59.8 in my grad. Would I be eligible for RBI Grade B ? Thanks in advance
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.)
Which is the best online course for RBI Grade B..? Edutap, anujjindal or ixambee..? Pls help Thank you.
#RBI GA
Hi folks, I have configured a Telegram bot to answer queries about RBI Grade B prep. The objective is to collate all authentic resources and information related to prep at one place for the benefit of new aspirants. Other than this I have also added details like timeline of 2018 exam, details about the ongoing court case etc, which even the older aspirants might find beneficial.
Bot link : https://t.me/RBIGradeBexamBot
This forum seems to be secondary market for Edutap now. And now we have started with Over the Counter Offers too. If you really want to buy and sell, do it with stocks. trust me , it will be more fun.
#rbi GA
#rbi GA
Hi everyone, my batchmate from RBI Grade B 2018, Sameer Nikam, has taken the initiative to share an essay topic of relevance to RBI Grade B / NABARD Phase II every week. Fodder points on previous week’s topic would be uploaded while adding current week’s topic.
1. For those on Telegram these can be accessed under 'Phase 2' button in RBI Grade B bot here - https://t.me/RBIGradeBexamBot
2. For those not on Telegram these can be accessed on my blog here - https://skidha.home.blog/2019/03/14/essay-topics-by-sameer/
hello don't buy from paytm guys
I have uploaded edutap material 2019 and anuj sir 2019
to telegram channel https://t.me/RbiBgrade2019material .
all matrial that these guys are selling here .
download it from channel
@RbiBgrade2019material - telegram channel name
https://t.me/RbiBgrade2019material - telegram channel link
plz..like the post so other people can reach this post
#rbi GA
Any update regarding rbi court case?
If anyone has anuj jindal purchased course, i have purchased edutap rbi grade b, willing to share, so that we can studt from both (edutap and anuj jindal) Interested candidate can contact me.
#rbi GA
Hi, I cleared RBI Grade B 2018 and maintain a blog on the same. Recently I've uploaded my notes on Budget 2019 and Vol 1 of Economic Survey 2019 on the blog.
Here's the link : https://skidha.home.blog/2019/03/14/budget-and-es-2019/
https://www.youtube.com/watch?v=3vKDt7Uk5dQ&t=149s
The Morning Tales in an online series of daily current affairs to prepare for various government exams like RBI Grade B, SEBI Grade A & NABARD Grade A. We are providing the news for July 10th, 2019 to prepare for these exams. This video will cover various current affairs topics of 10th July 2019.
Hi everyone! Have uploaded my 5-page summary of Vol 2 of Economic Survey 2019 on the blog.
Direct link : https://skidha.home.blog/2019/03/14/budget-and-es-2019/