RBI Grade-B Officer 2015-16 , Phase-I & II

RBI RBI Grade B
4742

Is GDP calculated at "constant market prices" or at "factor cost at constant prices"? I'm confused

4743

If anyone is studying from misra-puri..which chapters should we study? Plz suggest

4744

serious followers.. discuss source for finance and economics portion preparation. Books would be good.

4745

heard a news that RBI GR B notification will publish soon.. (fb grp).. anybody know abt it?

FB GRP:


"Target RBI Grade B Ph 1 Prelims & Ph 2 Mains Exam Preparation"

4746

Hi guys ... i m working in bank. I gets short time for study. can you share chapter no of Indian economy 7th edition by Ramesh singh as per RBI syllabus 

4747

_____is the process of finding errors in software code.  1) Compiling  2) Testing  3) Running  4) Debugging  5) None of these

4748

Frens ... Bv Pathak or prasanna Chandra ... wich one to go for finance n mgmt ?? By syllabus it's given as PC but here in grp peopl say Pathak s gud .. any suggestions ??

4749

So I talked to this friend of a friend who's been working at RBI for a little more than 10 years about the possible notification date. He said he would ask around at work and get back to me. Well he got back to me today and it seems like even some people he talked to at the RBISB had no idea. I guess we are just going to have to wait until it comes out

4750

#Needed Help::
In Puzzle question ,in which only one statement is certain and all are uncertain info....in some puzzle i saw no info is certain...
In Sidbi this year,i found one question like this..
What should be the approach to solve ,and in how  much time it shud be solved..???

4751

Can anyone tell me wht z d policy of rbi regarding transfer specially for married girls

4752

Ssc in aug....so rbi might be in nov dec

4753

The eligibility criteria is likely to be changed this year. Non 60% wale may get a chance.

4754

Hi guys Kindly review my essay.....

Lets do it, post your essays too

Whether PSB's consolidation is a good step ?

The discussion over the consolidation of Public Sector Banks in India is happening for years now. Recently government of India has taken a huge step in the mergers of the State Bank of India with its five associates and Bharatiya Mahila Bank. Incidentally this move is not new as it was initiated with the merger of State Bank of Saurastra and State Bank of Indore with State Bank of India(SBI) in 2008 and 2010 respectively.

Public sector banks(PSBs) plays an enormous role in the growth and development of the economy. Since its inception the participation of Public Sector Banks in the nation building is laudable. It has been serving as the chief instrument in fueling the economic growth and development of the country. From the time the nascent democracy chosen Industrialization as the prime moving force, the role of banking sector is the key factor in building the infrastructure which eventually led to the nation in the growth trajectory.

With the nationalization of the banks in 1969, the government of India assured the importance of the banks in the economy and it has been proving that the stronger banking sector can only make the greater economy. Since then the banking sector is evolving with the ever changing reforms, notably during the New economic policy reform in 1991-1992, India first opened up the banking sector for privatization after the era of stringent government regulations.

Since the New Economic Policy reform the Public sector banks are undergoing many challenging environment where it has to face the competition from the private banks , piling up of Non performing assets(NPAs), coping up with the modern technological upgradation etc. It is in this scenario, the government of India took reforms in the banking sector as proposed by the many committees. The Bank Boards Bureau(BBB) was formed to tackle the challenges faced by the PSBs and improve its efficiency. With the increase in the NPAs from 11% to 17% in the PSBs, the government is forced to bring reforms and restore the stake holders confidence.

One of the important reforms proposed was to merge the PSBs for the greater advantages of it and to prevent the losses incurred by them. The consolidation of the PSBs has many advantages and disadvantages as well. The major advantage is that, the merger can increase the capital efficiency of the PSBs. India being the fastest growing economy in the world , has only State Bank of India at the Global top 100 banks list. With the mergers, it can feature in top 50 global banks. While the mergers help the rationalization of the banks, by reducing many branches in the same geographical area , usage of different treasuries, etc. This will prevent the overlapping with the branches. As a single large entity, the merged PSB have an edge over the other smaller banks.

In the same way, there are some disadvantages as well. While there can be any assurance that the Non performing assets can easily recovered. The creation of bad loans in the economy is the culmination of many factors like global slow down, poor policy reforms, inefficiency of the bank, weakening of the particular sector etc. Hence it cannot be attributed to the size of the bank. Another major road block for the mergers can be, the employee union of the banks (All India banking association). Merging of banks is perceived as the employment loss among the employees. There have been many protests against the mergers of the banks, ever since the first consolidation was proposed in 2004. It is in the hands of the government to assure the potential risks in the mergers and bring peaceful solution without hampering the process.

4755

Is Ramesh Singh's Indian Economy is sufficient for RBI Grade B??

4756

frm where to get yojana f march n april mnth....i hve em but in hindi so unable to understand few terms..dey r unavailable on news agencies n buk stores.....is dere ny online source or sumthing else.

4757

My observations and experience tell - This year no chance of exam to be held. Earlier i had information of announcement to come in August/September. But now ZERO chance. Only reason - #RRexit. As what happens in government departments RR won't sanction any new recruitment drive in his last leg of tenure. HRD bosses won't dare to take decisions regarding fresh recruitment lest they want to displease their new boss. And i dont think any 'MERE" HRD boss of RBI would dare to displease 'self proclaimed MODI SYCHOPHANT' who soon will be becoming his boss. Just like it happened in UPSC CSE for 2014. Exam got postponed by 2-3 months i guess post Modi at centre. If i remember correctly RBI also did not conduct Grade B in 2013 - the year when RBI governor got changed. Same thing to happen here again in 2016. Expect notification by Mar/April of 2017.

4758

Hello everyone, need a help.

Which one would be more preferable to opt for?

Please mention some gud books for it also


  • Statistics
  • Economics
  • Finance and management

0 voters

4759

Prasanna Chandra or Khan or Pathak for finance??? Pls suggest the one which covers most of the syllabus if not all.

  • Pathak
  • Khan
  • Chandra

0 voters

4760

Puys. I have seen the analysis of quants section of previous year paper posted by a person on pagalguy and according to it there were no questions from profits and loss, SI and CI, work, time and speed, etc. The only topics from which questions were asked were DI, Operations in Brackets, Number series, Linear equations.  Does RBI follow the same pattern every year for quants section? If not, can you please tell what topics to concentrate for clearing cutoff in quants. Experienced people, please give your suggestions. I need them badly. Thanks in advance.

4761

List BRICS achievements and failures and India's role in BRICS:-  

BRICS is an acronym for an association of five major emerging economies; Brazil, Russia, India, China and South Africa and the term was first coined by O'Neill, the former chief economist for Goldman Sachs. Earlier it was known as BRIC before the inclusion of South Africa in 2010 at BRIC Foreign Ministers' meeting in New York. It was started essentially with economic issues of mutual interest, however, its agenda of BRICS meetings has considerably widened over the years to encompass topical global issues. The main areas of dialogue between the member countries include - Finance & Central Bank, Trade, Business Forum & Council, Financial Forum, Academic & Think Tanks Council, Health, Science & Technology, Security, Agriculture and Statistics. BRICS member together represent a significant share of the world's production and population and its share of the global Economy in terms of GDP grew from 11% in 1990 to 25% in 2011 and it is predicted that the BRICS will overtake US in terms of GDP this year and the G7 by 2030. Since its first summit, BRICS countries have registered growth in terms of GDP in recent years and today they have 40 per cent of the world's population and 20 per cent of its GDP and their combined GDP grew more than 300 percent.

Following are some of the major achievements of BRICS.

Expanding trade: BRICs share of the world exports rose significantly from the years of 1996 to 2008, from 9% to 17%.

Setting up the Contingent Reserve Arrangement (CRA): to provide mutual financial support, and as a contribution to the global financial safety net. The establishment of the CRA has further deepened and consolidated the partnership of its members in the economic-financial area.

Establishment of New Development Bank: In the sixth BRICS summit in Brazil, the member countries, signed an agreement to create a development bank on the lines of Asian Development Bank and the World Bank. It marks a departure from the practices and procedures of the west-dominated IMF and World Bank.

BRICS as new stakeholder in 21st century Global Agenda: The economic potential and demographic development are putting the BRICS countries, increasingly in a leading position in setting the global agenda and having a greater say in the global governance.

Failures of BRICS:

However, in recent times BRICS are facing problems in terms of slowing economic growth and recession in some of its member countries. Following are the major cause:

Slowing down of Chinese economy: it has caused turmoil in not just in BRICS bloc but across the world.

Failure of BRICS to sign any agreement with US: None of the BRICS countries has signed trade or investment agreements with the United States and some of the negotiations have been failed due to opposition to US approach. This has hindered economic expansion of BRICS countries.

Recession in Russia and Brazil: The political and economic isolation of Russia, orchestrated by the US after the Ukraine crisis, has had a tremendous negative impact on the once surging economy. Even Brazilian economy is slipping into recession.

Failure to sustain economic growth: the emerging member countries have failed to gain any momentum for sustained growth.

Structural disparity between China and other BRICS members: Chinese economy has the largest share among the member countries and it accounts for 38 percent share in the total export of BRICS. This has resulted in dominance of China in the BRICS bloc and in turn has stoked the economic nationalism in other member countries.

Tension within the BRICS bloc: There is lack of policy coordination within the member countries owing to troubled political relations between some members. For example, India- China ties have witnessed a steady deterioration over the last few years.

India's Role in BRICS:

India since the inception of BRICS has played an important and active role. It attaches high importance to the BRICS forum for promoting global economic growth, peace and stability. Co-operation on the economic front is one of the focus areas of India's policy towards BRIC. India sees BRICS as a platform to build multilateral relations with Latin American, African and Asian countries. India has over the years, developed closed strategic relationship with the other member countries. India has also tried to use BRIC as a forum to resolve the age-old mistrust and complicated relationship with China. India has also played an important role in the setting up of New Development Bank. Also for India, co-operation with the BRICs is very important in terms of addressing its food and energy security issues, and combating terrorism. Since the Federal Reserve signaled the recovery of American economy from the financial crisis and recession and raised its interest rates, the BRICS have been on a steady decline. Investors pulled out from BRICS countries as US securities are more lucrative to them, which threatened the BRICS' economic growth. With most of its member countries registering slowing of their economies, India has emerged as the only bright light in the BRICS thanks to its recent policy reforms. Despite global economic slowdown, Indian rupee has become the best performing currency among BRICS countries.

It is no doubt that BRICS plays an important forum for all the member countries in promoting South-South cooperation and North-South dialogue. It will also help its member countries in fulfilling UN Millennium Development Goals (MDGs).In recent years, BRICs have come together in a political grouping in a way that has far exceeded most expectations.