How to post an image here. I want to share something important and its in jpg format
NABARD refinances RRB's. What does the term 'refinance' reveal here?
pls tell me the experiences of RBI G B phase 1 and 2 of last year.
is PD indian economy extra issue helpful for grade b phase 1 ?
COMMITTEES I
FDI in Insurance and Third-party administration : Suresh Mathur
- Committee constituted by IRDA
- To increase fdi from 26%
- Insurance bill to increase fdi from 26% to 49 % is pending
Adoption of CPI for anchoring monetary policy : Urjit R Patel
- Policy framework to be based on CPI 4% ( + or - 2%)
- Bring inflation down from 10% to 8 % to 6% (every year 2% dec)
- asked the Central Government, the fiscal deficit as a ratio to Gross Domestic Product is brought down to 3.0 per cent by 2016-17
- Monetary Policy should be vested with Monetary Policy Commission(MPC) under chairmanship of RBI governor
- All fixed income financial products should be treated on par with bank deposits for the purposes of taxation and Tax Deduction at Source.
- The RBI should introduce a remunerated standing deposit facility and build forex stock as a buffer against outflows
- Read at mrunal for more
Autonomy for Prasar Bharati : Sam Pitroda
- confer financial and personnel autonomy on PB
- PB must use social media. For this purpose set up Prasar Bharati connect' as a third arm of the public service broadcaster independent of Doordarshan and All India Radio
- monetising Prasar Bharati's assets, including vast tracts of land across the country
Restructured loans by NBFC : B Mahapatra
- NBFCs, like commercial banks, are required to set aside a 5% provision against restructured loans in a phased manner by march 2017
- Accepting public deposits not allowed for NBFC, meet needs only by bank loans
- Loan given to infrastructure project becomes NPA if project fails to begin in 2 years, for non infra project it is 1 year ,unless the loan is restructured
- Special asset classification benefit will be made available to Corporate Debt Restructuring but benefit will be withdrawn from april 1 2015
COMMITTEE II
Financial Benchmark : P Vijaya Bhaskar
• suggested Indian money and currency markets move their benchmarks towards transaction-based from poll-based in an attempt to weed out manipulation(LIBOR and other exchange rate Europe)
• FIMMDA (Fixed Income Money Market and Derivatives Association of India) and FEDAI (Foreign Exchange Dealers Association of India) to act as administrators to the Indian rupee, interest rate, and foreign exchange benchmarks
Study effects of Hydroelectric Plants : Ravi Chopra
• The report said that all projects of more than 2 MW, which entail tunneling, barrages and construction of reservoir, would require prior environment clearances from the Central ministry
• The panel also observed that since environmental flow is very less in Uttarakhand's rivers, it should be ensured that there is minimum of 50 per cent flow in the lean season and 30 per cent during the non-monsoon period.
• suggests establishing micro hydel projects, solar projects, stopping illegal mining, strengthening Van Panchayats, and demarcating cultural eco-sensitive zones for the conservation of biodiversity
• However, even when the report was in progress, the 300-MW Lakhwar hydroelectric project (HEP) and the 120 MW Vyasi HEP, located in the Upper Yamuna River Basin in Dehradun district, was cleared
Review the Framework of Access to Domestic and Overseas Capital Markets, Indian Depositary Receipts : M S Sahoo
• To make DR more liberal
• Depository receipts can be issued both for raising capital through new shares or against existing or secondary shares, and the issuance may be either sponsored or unsponsored.
• allow overseas issuances of depository receipts with underlying debt by listed as well as unlisted entities.
• Modifying the current capital control regime known as permissible securities of Bharat Depository Receipts into 2 levels: Level-I being restricted to sophisticated investors and Level-II being made available for all investors, including Indian retail investors.
• Create level playing field between an Indian security and a domestic DR.
· FCCBs have been left out of this report
India currently allows only level-3 ADRs, which involve capital raising and listing on regular exchanges and greater disclosures, including costly compliance with the US laws. Allowing level-1 and level-2 access will make the market more attractive for Indian companies.
best book/website/notes to practice economy questions for grade b (like TMH GS questions at end )
Can anyone tell me this CPI,wpi,iip data is released on a monthly,weekly or a quarterly basis?
Online exam is a big phobia for me. I m used to of the same old pencil n paper pattern. How to overcome dis. Further to add to my grief i have recently failed a couple of online tests. Puys plz tell me how can i overcome this phobia
Anyone here making notes of phase-II ?? Those who have already made notes plz reply....we can share our notes .....
I am posting Ist installment of the material I have prepared for RBI exam. This contains material related to banking. Material has been collected from RBI website, books on banking and few other websites. There are many highly learned puys on this forum. Please add your valuable inputs. The google drive link is:
https://drive.google.com/a/sibmpune.edu.in/file/d/0B6QdzxT_PuuHVUZOLWNqUzg0SUU/edit?usp=sharing
Statement :
Should, agricultrue in rural India be mechanised ?
Arguments :
(I) Yes, it would lead to higher production.
(II) No, it would lead to rural unemployment.
Give answer-
In a college of 525 students, each student takes at least two items from among idly, dosa, puri and chapati for his breakfast. If 375 students take idly, 375 take dosa, 375 take puri and 375 take chapati for their breakfast. The number of students who take all 4 items in their breakfast are ATMOST--- a)275 b)300 c)225 d)325
Is GST only for indirect taxes and DTC for direct taxes ??
They might provide a uniform tax collection system, but how will they improve the tax collections in the country?
anyone got a call for pre -examination training?
Can anyone please tell me when the Economic Survey 2013-14 will be released?
can any 1 plz tell me d books for english language for RBI grade B, phase 1 exam?
thanks in advance
I am posting 2nd installment of the material I have prepared for RBI
exam. This contains material from RBI website. RBI website has a very useful section called frequently asked questions (FAQs). This material is very useful for phase 1 as it contains the recent most instructions by RBI. Each topic has a date on which it was loaded on RBI website. Link is
https://drive.google.com/file/d/0B6QdzxT_PuuHcU4wQm52UUpJVEk/edit?usp=sharing
Which of the following can not be called as the value added service by the bank?
- e) All of the above
- a) special accounts for the poor section of the society
- b) accident insurance cover
- c) Instant credit of outstation cheque
- d) Free cheque book
0 voters