RBIGrade B online mock, best one plz help
Please tell me if you know about any mock sessions for RBI Interview in Delhi
Which test series is better for FM?
hey guys, need some help
in 10 and 12 i have 60+%
in graduation my aggregate marks out of 5000 is 2998, that is 59.96%
but it shows first division pass. so am i eligible or not?
plz do help whether i should even think about appearing for the exam?
Hey anyone interested in buying EDUTAP NOTES FOR 2018 GRADE B with me??? please message me. we can buy together
Who is buying anuj jindal course in group? Please loop me in
Guys. I have Canara Bank PO training on August 6. I have rbi grade b interview on September 13. Will Canara Bank give me NOC to attend the interview as it is mandatory?
Hello RBI aspirants I am out in phase 2 of RBI twice but still I want to resume the battle now without wasting our precious tym .....all the aspirants who really want to take up the Edutap course for 2018 can ping me so that I can take up the request and try to avail any bulk offers if possible.....
anybody here whose interview is done....kindly put some light on some thrust areas fr interview
GUYS Which one should we opt for ? also if anyone interested we can purchase material together !
- PREPER
- ANUJ JINDAL
- EDUTAP
- STUDY IQ RBI MATERIAL
- CAREER LAUNCHER
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There was an Edutap link( consists of entire syllabus) which was doing round in the month of june. Can't find one.can anyone share it, will be helpful for 2018 candidates.Thanks in Adance
I don't know this is appropriate platform to ask my question but i am v much confused : i have joined pnb clerk last month and also selected as po in idbi bank. I want to prepare for rbi grade b, that what should be best option for me continue as clerk (considering current condition of idbi bank)or should join po ? Can one able to crack rbi while working as bank po ? Seeking for your valuable inputs Thank you
Any body have gk today material from may onwards ?,,, plz share link.
Bank rate is simple or compound interest rate?
What will be the phase 2 cut off ?
What is FSLRC?
The Financial Sector Legislative Reforms Committee (FSLRC)Let’s try to understand the significance of FSLRC and its role.Formation of the CommissionThe Finance Minister in his Budget speech of 2011-2012 announced the formation of FSLRC to rewrite and harmonise financial sector legislations, rules and regulations. The resolution notifying the FSLRC was issued by the government in March 2011.
Chaired by Justice BN Srikrishna, the Commission has a diverse mix of expert members drawn from the fields of finance, economics, public administration, law, etc.Purpose of formationFSLRC was formed as most legal and institutional structures of the financial sector in India had been created over a century. Many financial sector laws date back several decades, when the financial landscape was very different from that seen today.
There are over 61 Acts and multiple rules and regulations that govern the financial sector. For example, the SEBI (Securities and Exchange Board of India) Act does not give the regulator powers to arrest anyone but tasks it with penalising all market related crimes stiffly. The Reserve Bank of India (RBI) Act and the Insurance Act are of 1934 and 1938 period, respectively.
The Commission was formed to review and recast these old laws in tune with the modern requirements of the financial sector. FSLRC plans to eliminate 25 of the current 61 laws that currently govern the financial sector and amend many others.
FSLRC moots single regulator
The FSLRC submitted its report in March 2013. It came up with its recommendation spread over two volumes and 439 pages. The Commission has proposed an Indian Financial Code Bill 2013 to create a Unified Financial Authority (UFA) and bring about reforms in financial sector regulations. The panel suggested that SEBI, IRDA, PFRDA (Pension Fund Regulatory and Development Authority) and the Forward Markets Commission (FMC) be merged under one regulator—UFA.
However, RBI (Reserve Bank of India) will continue to be the banking regulator. The new UFA would subsume watchdogs for insurance, capital markets, pension and commodities while letting the RBI continue its supervisory role over the banking industry.Consumer protectionAccording to FSLRC, all financial laws and regulators are intended to protect the interest of consumers. Hence, a dedicated forum for relief to consumers and detailed provisions for protection of unwary customers against mis-selling and defrauding by smaller print etc has been recommended.
The FSLRC report proposes certain basic rights for all financial consumers. For lay investors, the report proposes additional set of protections. The Commission has recommended some amendments to existing laws and new legislations. These changes will have to be carefully brought about accordingly.
Some basic protections consumers would expect include that financial service providers must act with due diligence. It is essential to protect investors against unfair contract terms, unjust conduct and protection of personal information. The FSLRC report also recommends fair disclosure and redressal of investor complaints by financial service providers.
Financial Regulatory Architecture Act
The proposed regulatory structure will be governed by the Financial Regulatory Architecture Act that will ensure a uniform legal process for the financial regulators. The finance ministry will unify the regulatory structure before tweaking the legislative structure. It may take two years for the report to be implemented in a phased manner.Judicial reviewThe panel has recommended judicial review of regulations. The report has suggested a sunset clause of 10 years. In other words, the laws would be reviewed every 10 years. The committee also recommended giving required attention to debt management and setting up a financial redressal agency and a financial stability and development council.
PagalGuy Mentors & Users.
is it possible to reschedule SBI PO interview or RRB PO pre exam date.???
My SBI PO interview & RRB PO Pre exam are on same date (9 Sep.).
plz share information regarding rescheduling of SBI PO interview date or RRB PO pre exam date.