RBI Grade B 2019 Notification – Admit card Released for Phase I Exam

 ESI + Finance & Management materials of edutap 2019 course avilable. It contains video lectures + summary sheet pdfs Economic survey mcq, government scheme pdf, monthly magazine of esi + FM ( may 2019 onwards) +fastrak monthly video lectures of current affairs included. Its downloadable, not an online sharing type. Cost is (300 ESI+300 finance + 200 Management) different folders of ESI+Finance+Management are there. If you need them separately, you can opt for it. google drive access will be given first then you pay. 

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The share of women in science, technology, and mathematics is low globally, and more so in India. A 2018 study found that in India, women accounted for only 14% of the 2.8 lakh scientists in research and development institutions. India has the largest cohort in the world of those aged less than 30 years, about half of them women. If women keep off science, technology, engineering, and mathematics (STEM), India would lose about half its potential firepower in the knowledge economy. This is over and above forgoing the positive social changes that enha..................http://www.bankwhizz.com/capsules-category

  

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 Hi Guys !!

Para jumble jisse har exam m 5 questions ate hai….to agar 5 number krne hai english mein pakke to is live class ka reminder set krlo aaj hi jo 24th November ko hai subah 11:00 baje.

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First the Government has these many schemes. Then most of them are in Hindi. Non-hindi speaking candidates are at a loss when it comes to guesswork. Sad.

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Visit : https://rbigb.learnyst.com/ for phase 2 of RBI Gr B prepration.

Sectional Tests (more than 60+ tests) @ only 149 INR

12 Full Length Test @ only 149 INR

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Or you can avail all above courses at just @399 INR


 

India’s reasons for not joining RCEP:
  • Changed scenario due to the China-US trade war:

    China has been seeking to tie up the deal expeditiously as the country faces slowing growth from a trade war with the U.S.

    This shifted the focus somewhat from crafting an agreement that worked for all to an early conclusion of agreement.
  • RCEP lacking balance and fairness:

    India was not able to get several of its key concerns addressed.

    The biggest concern in the bloc is still with China with whom the Indian bilateral trade deficits lurk around USD 55-60 billion.

    There are too many non-tariff barriers in place in China which have to be removed.Otherwise, progressively low tariff rates which form the core of the RCEP treaty, will seriously hurt our dairy, steel, MSME and textile sectors.
  • Lopsided ‘Free Trade Agreements’:

    India has already signed a host of free trade agreements (FTAs) and comprehensive economic cooperation agreements (CECAs) with the South-east Asian nations, with whom India’s trade deficit only increased after the agreements came to effect.

    Even with other RCEP nations with whom India does not have trade agreements, namely, Australia, New Zealand, and China, India faces a massive and growing trade deficit.

    Domestic opposition: Agricultural producers and farmers are fearing that cutting tariffs on dairy and other produce would open the door to cheap Chinese imports and threaten sectors that support a vast swathe of the population.
  • The economic slowdown: Indian industries facing consumption slowdown, would have been further hit by cheap imports.
  • Stagnating Indian exports: India's exports have declined along with an increase in imports.

India’s main issues with RCEP:

  • The main issues that need resolution include

    e-commerce chapter

    number of goods on which import duties should be completely eliminated

    norms to relax services trade

    investor-state dispute settlement

    Rules of Origin (ROO)
  1. The e-commerce chapter & the issue of cross-border transfer of electronic information:

The e-commerce chapter contains clauses that, if India had agreed to them, would have prevented it from implementing data localisation rules on companies doing business in India.

  • India has proposed locating computing facilities inside the country if it is meant to protect its essential security interests and national interests.
  • Also Reserve Bank of India’s (RBI) in its April 2018 notification mandated “all system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India”.

RCEP does not want data localization. It said that these requirements raise costs for suppliers of data-intensive services by forcing the construction of unnecessary, redundant data centres.

  1. Number of goods on which import duties should be completely eliminated
  • RCEP members want India to eliminate or significantly reduce customs duties on maximum number of goods it traded globally.

    To protect domestic industry against surge in imports, India suggested an auto trigger method that would automatically increase import levies once shipments cross a given threshold limit.

    India is negotiating ‘standstill’ and ‘ratchet’ clauses which mean that the governments have to freeze their current levels of market opening, and if they liberalise more they cannot go back.

    Dairy Sector - New Zealand and Australia would gain significantly for commodities- Milk powder and fat. Already Malaysia and Indonesia have successfully exploited the Indian market in palm oil, as did Argentina and Brazil in soyabean oil and Ukraine in sunflower oil.

2. Norms to relax services trade

  • Under services, India wants greater market access for its professionals in the proposed agreement.

    But the RCEP grouping had earlier rejected India’s proposal for a visa fee waiver on a common reciprocal basis, fearing migration and subsequent loss of jobs.

    Computer related services is a sector of India’s interest and in that Mode 4 is India’s main concern.

3. Proposed inclusion of the controversial investor-state dispute settlement (ISDS):

  • This mechanism gives the exclusive right to bypass domestic legal systems and sue governments at international arbitration tribunals whenever they feel government regulation can limit their profits.
  • India does not want an ISDS mechanism in RCEP as it does not want its domestic laws to be challenged in offshore arbitral tribunals.

4. Rules of Origin (ROO):

  • Rules of origin are the criteria used to define where a product was made and are important for implementing other trade policy measures, including trade preferences, quotas, anti-dumping measures and countervailing duties.
  • India wants strict rules of origin to prevent Chinese goods from flooding the country through member countries that may have lower or no duty levels.

  • FOR 2019 & 2020 COMPLETE PREPARATION VISIT www.facebook.com/groups/rbi.grade.b.prelim.main

 

Quality Education is a prerequisite for the overall development of any human being. Education plays a crucial role in balancing the socio-economic fabric of the country as well as ensuring the growth of any country. The present government through its various steps and schemes is making all-out efforts to provide basic education to each one of its citizens. High priority has been accorded..................
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