I have worked as an office assistant in a pvt ltd company. May I use the character certificate signed by the managing director of that company?
Any OBC candidate plz tell me how is the obc certificate format to be submitted with non creamy layer clause....
Banking crises are not rare events; according to EU there have been thirty since 1985, each leading to very high costs for society. The regulators' response, dubbed Basel 3, is therefore a much needed reform to reduce the probability and severity of future crises.
Basel 3 is the third of the Basel accords, whose core topic is capital requirements for banks and its main objective is to enhance the stability of the financial system, in order to reduce the probability and severity of future crises.
Read this PDF to understand Basel Accords in simple terms.
https://drive.google.com/open?id=0B6Q1UMRxyNdyem8xYmsta29YVEU
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In this article, we would discuss yuan's recent devaluation and the ripples it caused world-over.
In the second week of August 2015, China devalued its currency yuan (officially called renminbi) by nearly 4% in two consecutive days. While China took the step to reinvigorate its economy, the move has had adverse effects across the globe.
What is devaluation?
It refers to lowering the value of a nation's currency (here, yuan) with respect to a standard currency (the US dollar). It is done to deal with trade disparities, make exports cheaper, among other reasons.
Why did China devalue yuan?
Growth in China's manufacturing giants stagnated owing to successive decline in exports and imports. In July 2015, exports declined 8.3% year-on-year while imports also witnessed a sharp slump, falling 8.1%, after dropping 6.1% in June. Another matter of concern was the stock market turmoil in July 2015 that wiped out 30% of the value of shares.
A huge balance of payments deficit (i.e. payments made for imports by a nation exceed payments received for exports, thereby causing more outflow than inflow of currency) lead Peopl's Bank of China (PBOC) to sell vast foreign exchange reserves, which kept yuan considerably overvalued, further lowering the competitiveness of Chinese businesses.
The economic slowdown hit the Chinese economy in 2014 itself. Efforts taken to stimulate the economy including repeated interest rate and banks' reserve ratio cuts, among others, did not yield expected results.
Therefore, to prevent further decline in exports and lift the drooping economy, PBOC devalued yuan by 1.9% against the US dollar on August 11 hoping that a weaker currency would make exports more competitive. However, officials argue that the real intention was to set exchange rates in accordance with market practices. PBOC called this a "one-off depreciation" but it further lowered yuan's value the next day, taking the total decrease to 3.5%. The move has pushed the currency to its lowest level since the devaluation in 1994.
Global status for yuan?
The move is also seen by some as one of Beijing's attempts to acquire higher status for yuan as it has been urging the International Monetary Fund (IMF) to include the currency in the group of reserve currencies called special drawing rights (SDR).
SDR was created by IMF to boost international liquidity by supplementing the standard reserve currencies. Presently, this basket of reserve currencies includes US dollar, yen, British pound and euro.
Across-the-board effects
One of the thoughts doing rounds soon after the devaluation was that the world's second largest economy may be weaker than expected. Besides currencies of emerging markets like Kazakhstan, Brazil, South Africa, Turkey, etc. tumbling against the US dollar, stock markets across the world felt the jolt. Shares of companies (car makers, luxury good firms and miners) that export to China took a major hit. Commodity, oil and metal prices also witnessed a steep fall.
Until the devaluation, the central bank had a tight grip on deciding yuan's midpoint (the average rate agreed upon when conducting foreign exchange), which, some say, made it artificially cheap. However, from now onwards the midpoint will be based on the previous day's closing price so as to keep the currency flexible. Nonetheless, experts assert that while China has slightly loosened the grip, it will be quick to hold the reins if exchange rates move in a direction unfavourable to the government.
If yuan's value declines further (which, financial experts believe, is likely), then economists across the globe assert that it could lead to a currency war, with both developed and emerging economies fighting to get their share of global consumer demand.
Impact in India
-Figures
From January to July 2015, Chinese exports to India shot up 9.7% vis-à-vis last year. During the same period, imports from India have fallen 23.1%. This enabled China augment its trade surplus with India by 27.1% from the same year-ago period. As competition with China has been difficult, now Indian manufacturers will have a much tougher time maintaining a decent export figure. The textile and chemicals sectors can feel tremendous pressure due to this competition.
-Domino effect of problems
A few days after yuan's devaluation, rupee fell to 66.58, its lowest level against the dollar since 2013. Union Finance Minister was quoted as saying that it "may have a transient impact on India."
Many in the financial sphere fear that a falling rupee will cause a chain reaction of problems starting with rise in petrol prices. As 80% of India's crude oil needs is fulfilled by imports, a weaker rupee would result in a high import bill, which would cause oil companies to raise petrol and diesel prices.
Pricier transport fuel would increase prices of most goods/services, thereby fuelling inflation. This would mean that the RBI would be averse to bringing down interest rates. Resultantly, loan payments would dig deep into people's pocket.
Everything from luxury goods and commodities like imported gadgets and gold to foreign education and vacations, would become costlier. Indian companies may also feel the hit in the high-cost-low-profit scenario.
In a nutshell, going by China's assertion that the devaluation is according to market fundamentals as it occurred days after data indicated a sharp decline in its exports, there are several short and long term effects that are likely to spell trouble for world economies.
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I'm working as a freelancer. Would it come under "Work"?
Dark color salwaar kameez chalega kya? and dupatta is compulsory? or a simple kurta-churidar will do?
My PGDM was divided into SIX trimesters, plus the overall CGPA included project work and interview grade.. You cant even divide it into yearly basis.
someone pls help how to fill the form..
Scared 😐
according to mahendra interview class faculty...watching movies n cricket do not come under hobbies. :(( ab bacha kya!
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Do i need to take a different character certificate signed by gazetted officer , or the Identity certificate given in the bio data form(page 5) will suffice?
what i mean to say do i need to take character certificate + the identity certificate given in the bio data
or
only the identity certificate given in the bio
I am confused!!!
Q.: What is your hobby?
Ans.: Sir, thinking and daydreaming about what hobby I should choose.
Bhai kisi ke paas kuch info hai kkya agar college ka character certi na ho to kya karein .??
Friends,
Please share kya intervie me
history/gegraphy/culture se v puchenge kya?
What are the future plans of SBI and what is SBI as in Today???
One of the most common que to be asked in Interview....
Share your thoughts about SBI present and Future plans.....
I had to visit my alma mater today (screw you SBI) for that paper weapon called "Character Certificate". As usual the tedious formalities were present there but what was more amusing to see the hope and optimism in the eyes of those students who have enrolled themselves into a debacle called "Engineering". Despite knowing the most common avenues today for engineers are SSC and Banking, still people are going for it. Spare IITs and NITs all other colleges are functioning on profit generating and ruining careers algorithm. I saw many future aspirants who will face the same heat like we are facing. RIP Pseudo Engineering 😛
P.S: The saving grace - i met a SBI aspirant who pursued M pharmacy, and appearing for banking exams atleast we are still not the most oppressed community. :P
can anyone state the difference between pledge,hypothecation, mortgage, lien and assignment
These terms were asked in IBPS PO interview
TODAY I AM TAKING CHINA STOCK MARKET FALL....
WHICH WAS RECENTLY IN NEWS....ITS IMPORTANT TOO....
kal main china ki currency ke devaluation ka topic loonga..lakin baat yeh ki yeh involve karta hai thode complex economics terms..joh ki engineering background students se expect karna waise hi hai jaise abhishek bachhan ki solo movie hit hona... ..joh ki main as a neutral...kisi engineering student se nahi poonchoonga,,,,..agar tumse china currency devaluation ke baare main pooncha jaaye....toh soch lena....lagne waali hai....kyonki isme fasne ke chacnes bahut hai...udhar kua hai toh dusri taraf khai....lakin yeh sab kal dekhenge....pehle aaj ki baat...........
yeh sbi ke liye shaandaar topic hai china...yeh china waale bc apan ko hazzar saloon se tang kar rahe hai.... .....china ki economy hai tagdi joh bhi bolo...lakin inki economy bahut strictly controlled karti hai chinese govt......ekdum waise hi jaise ek totta ladki ki maa....lakin chinese economy....fake maal bech bech kar upar chad gayi....yeh dekh kar saale sab pagal ho gaye....saare investors ke mooh par ek hi word....maa kaun ....reply china....baap kaun....reply china......aab logoon ne invest karna shuru kia china main.....aaj 100 rs....lagaaye toh 2 saale baad...300 rs. mile.......200% profit.....aisa profit dekh kar bade bade hil jaaye....china ke local people ki bhi thanak gayi....start ho gaye....invest karna....dekha toh yeh sab sahi nikla....phir kya tha...saale 12th ka bachha apni padhai chod ke.....sarkaari naukrri waala employee apni naukri chod ke lag gaye....invest main din raat....isse ban gaya ek bahut bada gubaara.....aab jagah 100 logoon ki....aa gayae 1000.....gubaara phoot gaya......share market girne laga....aab 12 th pass kya jaane...( jisne inverst kia)....woh loss aate hi dar gaya......bhaag gaya share market se.....padhai start kar di wapaas....aab yahan se lagni start hui share market ki......uss stuent ko dekh baaki saab bhi bhaagne lage wapaas sarkaari naukri pe padhai karne.......isse...ekdum se stock market main aa gaya earthquake.....iske liye anap shnap likha gaya....joh ki bahut fizul hai,.....aab is topic se 2 question bante mere hisaab se.......pehla ki iska future kia hai....agar iska jawab main d paata toh main rbi governor hota....lakin phir bhi kaam chalao uttar hai yeh ki - china ne citizens ko paisa dia....(sacchi main ) ki paise lagao market main....hum hai na.....actually 100% market main 80% individuals hai owner shares ke aur sirf 20% institution.....aur unhone (chinese govt.) advertisement kia ki......sab kuch thik hai....share market se bhaago mat....thode restrictions lagaye ki koi kisi company main 5% se zyaada share nahi lega....IPO ban kar dia....ipo ka matlab hota hai initial public offering....jab koi company pehli baar market main shares laati hai.......aab dusra question.....INDIA pe koi farak padega.....answer hai....NAHI bhaisahaab....kyonki china ka stock market alag hi chalta hai....Govt. controlled....ekdum isolated.....so koi farak na padgea........aab isse hume seekh milti hai ki......bhai share market laundiyiaan maarne ki jagah nahi...sirf profit nahi hoga....aur profit chahiye toh loss lene ki bhi aukaad rakho.............share market is always for long term investment....aisa nahi ki 12th karke ghoos jao chinese logoon ki tarah...saale ded futiyee....
patanai rrb ke liye padhun yaa sbi interview ke liye??!!!
A note on the much debated Land Bill and why it caused such a stir in the Monsoon Session would be much appreciated. TIA 😊
Guys...,while filling the circle preference sheet while downloading call letter...,i started filling my first preference from right to left...,is it correct or i have done it wrongly...,just for checking...,Plz someone confirm as i am a little bit confused...,