There are many tribes in India, each possessing a distinctive culture and tradition. Sentinelese belongs to few remaining isolated tribes in the world. It is believed that they are a direct descended from the first human populations to emerge from Africa and have inhabited the Andaman Islands for more than 60,000 years. What is a Tribe? […]
Sentinelese Tribe: Case Study of Most Isolated Tribe Read More »
The East Asia Summit (EAS) is a unique regional forum of 18 countries of the Asia-Pacific region, established to promote regional peace, security and prosperity. EAS has grown into a platform for strategic dialogue and cooperation on political, security and economic issues. EAS is an initiative of ASEAN and is based on the premise of
13th East Asia Summit Read More »
In India urban areas are considered as “engines of inclusive economic growth”. According to 2011 census 31% of population lived in urban areas, this is estimated to grow to 60% by 2030. Indian cities have been infamously given the title of ‘overgrown villages’ because of lack of proper infrastructure and accessibility to basic services. In
Urban Infrastructure in India – Schemes and Challenges Read More »
See also: NBFC crisis in India Background In 1987 IL&FS was formed by three financial institutions, Central Bank of India, Housing Development Finance Corporation (HDFC) and Unit Trust of India (UTI), to provide loans for major infrastructure projects. After few years two big international institutions, namely Mitsubishi (through Orix corporation Japan) and the Abu Dhabi
NBFC Crisis – Case study on IL&FS Read More »
A Non Banking Financial Institution or Non Banking financial company is a financial Institution that does not have a full banking license and not regulated as stringent as Banks are. They provide banking and financial services like loans, credit facilities, retirement planning, investing and stocking in money market. Example – Muthoot Finance, LIC Housing Finance,
Complete overview of NBFC Crisis Read More »
Department of Industrial Policy and Promotion under the Ministry of Commerce and Industry releases the FDI Policy Circular whenever there is a big change in the FDI policy of the government. In this article, you will find concise information regarding FDI allowed in various sector. This information becomes handy in Exams like RBI GRADE B, UGC
Complete Overview of Fdi Policy of India Read More »
Background: USA has imposed sanctions on Iran which covers Iran’s energy and banking sector and disallowed any countries to deal with Iran in these two sectors USA has granted exemptions to the eight countries including India, China, Italy, Japan, Turkey, South Korea, Greece, Taiwan from the sanctions. US has also said that these two Asian
Iranian Oil Imports and U.S sanctions Read More »
It is estimated that imports bill of electronics will overtake the imports bill of oil by 2022 in India; only 30-40% of the electronic products are manufactured domestically. Indian electronics industry is one of the largest and fastest growing industries in the world. In 2015, despite global slowdown it reached a market value of $75
National Policy on Electronics (NPE) – 2018 Read More »
Indian Rupee standing against Dollar is not hidden from anybody – Crashing day by day. See the above chart. Presently Dollar value is hovering between Rupee 73 and Rupee 74. It was somewhere around Rupee 59 in May 2014. From there it has climbed to around 74 during the recent time (a jump of around
Why is India rupee falling, and what is required to stop it Read More »
Decision/ Observation Kept Policy rates unchanged to previous level Repo rate = 6.5% Reverse Repo rate = 6.25% MSF rate = Bank Rate = 6.75% LAF corridor = 0.25% Policy Rate Corridor = 0.5% Stance -> Calibrated Tightening. GDP growth projection retained at 7.4% as was on August (3rd) Monetary Policy. Lowered inflation projection for
4th Monetary policy for Financial Year 2018-19 Read More »
In this article, we will try to understand what is REPO, Reverse REPO, Bank Rate and then we will discuss relationship among them. This is important to understand not only from exam perspective ( RBI Grade B, UPSC- CSE, and other banking exams) but to comprehend the basic economy news. Repo Rate and Reverse Repo
Know about Repo rate, Reverse Repo and Bank rate Read More »
Recently RBI has announced its 2nd monetary policy for FY 2018-19. It has increase Policy rate and takes a neutral stance. These are important information, but from exam perspective (exams like RBI Grade B, UPSC) the background of these policies are important. Few questions which has been asked in UPSC CSE prelims and RBI Grade B
2nd Monetary Policy: Why RBI Increased Policy Rates Read More »
On April 18, 2018 , N. S. Vishwanathan, Deputy Governor, Reserve Bank of India delivered a speech at National Institute of Bank Management, Pune. His title of speech was “It is not Business as Usual for Lenders and Borrowers” . in his speech he has talked about the new circular of February 12, 2018 (Resolution
Revised framework to deal with NPA: Part 1 Read More »
(You may watch the video describing this article on https://youtu.be/EDvDqrjOovs) Background Whenever a river passes through more than two states there are very high chances of dispute on water sharing. To handle this type of inter-state water dispute there is an Interstate River Water Dispute Act, 1956. This was enacted during the time of reorganization of
Cauvery Water Dispute Read More »
Flipkart-Walmart deal: Biggest e-commerce deal so far Walmart has bought 77% stake in Flipkart for around $16 Bn valuing the whole Company for around $20 Bn. It is the largest deal in e-commerce industry or perhaps the largest Merger are Acquisition (M&A) deal in India. Another deal of that level is acquisition of Essar oil
Flipkart-Walmart Deal- What is this deal not about? Read More »
Hello Students, We have receiving lot of queries regarding eligibility criteria and a particular degree requirement for RBI Grade b exam. Some of these queries are listed below Is it necessary to be from IIT or IIM to crack the RBI Grade B? I am a BTech and have an MBA in finance, but not
Does B.Tech from IIT or MBA from IIM impact my selection in RBI Grade B Read More »
General Awareness is the most important part of any exam and RBI Grade B and NBARD is not an exception. Further in term of time efficiency during preparation and during the exam it is the most efficient section. With the following strategy, you can get at least 60% of marks in GA by studying just
General Awareness Strategy for RBI Grade B and Nabard Exam Read More »
Banking Reforms Road-map is released by Ministry of Finance A report titled “Responsive & Responsible PSBs Banking Reforms Road-map for a New India” AIM: EASE – Enhanced Access and Service Excellence, Bank recapitalization plan for Public Sector Banks (PSBs) announced in October 2017. Under this plan 2.11 lakh, Crore of Capital will be infused Banks.
Banking Reform Roadmap Read More »
The Indian banking system, which is dominated by Public Sector Banks or PSBs, will need to get over with the problem of stressed assets soon, to attain a sustainable growth path in the coming future. Debt contract embedded in bank loans in India has been continuously losing its sanctity, especially where the borrowing is large.
RBI framework for Non Performing Assets (NPA) resolutions Read More »
English section in competition exams like RBI Grade B, Nabard, CAT or MBA entrance is divided into following sub-sections. Essay writing Importance of essay writing: Very strong weight-age in RBI Grade B, Nabard and UPSC. Topic of the essay is mostly related to current events of national importance. Economics survey and budget will give an
English preparation tips for competition exams Read More »
