I am from computer science background and has 18 months experience in TCS. Will they ask more questions on my work ex or on my academics?
ggouthamm2 SaysI am from computer science background and has 18 months experience in TCS. Will they ask more questions on my work ex or on my academics?
1. Be ready for both as you don't have very heavy work ex.
2. Check the links on the post i wrote above your's. There is a post regarding Computer Science. Go through that.
NRHM scam...wikilink- Uttar Pradesh NRHM scam - Wikipedia, the free encyclopedia
FINANCIAL TERMS-CRR,SLR,STAGFLATION,REPO,REVERSE REPO at a glance... http://lastbull.com/
for current rates- http://www.rbi.org.in/home.aspx
Macroeconomic and Monetary Developments: Third Quarter Review 2011-12- http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25835
thats enough to digest for today 😉
Some news related to current affairs that you all should know :
7. The Reserve Bank of India changed the bank rate to 9.5% from 6%. The bank rate will change whenever there is a change in the repo rate.
hi avinash
can u plzz tell me the exact difference between bank rate and repo rate.. I tried to figure it out myself throug internet but didn't get clarity.
Some news related to current affairs that you all should know :
7. The Reserve Bank of India changed the bank rate to 9.5% from 6%. The bank rate will change whenever there is a change in the repo rate.
hi avinash
can u plzz tell me the exact difference between bank rate and repo rate.. I tried to figure it out myself throug internet but didn't get clarity.
Bank Rate: The interest rate that is charged by a countrys central or federal bank on loans and advances to control money supply in the economy and the banking sector.
for example the rate at which State bank of India will borrow from RBI is Bank rate.
Repo Rate: When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate, a short term for repurchase agreement. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive. The repo rate in India is currently 8.5 % as of October 25,2011
Repo (Repurchase) rate is the rate at which the central bank lends short-term money to the banks against securities. Which the central bank buys back also. the buy back rate is called Reverse Repo Rate.
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Anand Madhav
GIM 2011-13
Some news related to current affairs that you all should know :
7. The Reserve Bank of India changed the bank rate to 9.5% from 6%. The bank rate will change whenever there is a change in the repo rate.
hi avinash
can u plzz tell me the exact difference between bank rate and repo rate.. I tried to figure it out myself throug internet but didn't get clarity.
edited. got clarity. thanks
Bank Rate: The interest rate that is charged by a countrys central or federal bank on loans and advances to control money supply in the economy and the banking sector.
for example the rate at which State bank of India will borrow from RBI is Bank rate.
Repo Rate: When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate, a short term for repurchase agreement. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive. The repo rate in India is currently 8.5 % as of October 25,2011
Repo (Repurchase) rate is the rate at which the central bank lends short-term money to the banks against securities. Which the central bank buys back also. the buy back rate is called Reverse Repo Rate.
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Anand Madhav
GIM 2011-13
what's the difference between Reverse Repo and bank rate?
Is Reverse repo rate a part of bank rate? is current reverse repo rate 5.5%?
Those of you who are coming to Campus for GD/PI
Regarding JK Lodge at Sanquelim which is at a distance of 2.5 Km from GIM Campus :
1. Only 2 AC Rooms available and that too may not be available.
2. NON-AC Rooms are available.
3. No single seater available. Only 2 seater or 3 seater rooms are there.
4. Rates : 2 seater - Rs 525 , 3 seater - Rs 725
5. Rooms are OK.
6. You may call on this number : 08322366422 for more details.
I called them and they say they are already full. they have no rooms available for 26th..:|
Adding on to what Anand said,
1. Bank rate is for long term while Repo rate is for short term.
2. In Repo rate, banks borrow money by selling their securities. Same is not the case with Bank rate. Bank rate is similar to borrowing money from someone and paying interest on that amount.
akshatpar
It was available when i enquired 2 days back.
There are then options available at
1. Mapusa 30 Km
2. Old Goa 25 Km
3. Panajim 30 Km
4. Mayem lake 15 Km
Lots of hotels are available at these places. You can get on the spot booking when you come. And hire a cab to come to GIM Campus next day early morning.
Get back if you face any issues.
It was available when i enquired 2 days back.
There are then options available at
1. Mapusa 30 Km
2. Old Goa 25 Km
3. Panajim 30 Km
4. Mayem lake 15 Km
Lots of hotels are available at these places. You can get on the spot booking when you come. And hire a cab to come to GIM Campus next day early morning.
Get back if you face any issues.
Yes I will do it..Thanks for your efforts..
Just one last question..Can you tell me out of all these place from whr is the best conveyance (Taxi or cabs) facility available.??
what's the difference between Reverse Repo and bank rate?
Is Reverse repo rate a part of bank rate? is current reverse repo rate 5.5%?
Reverse repo rate is the rate of interest at which the central bank borrows funds from other banks for a short duration. The banks give their short term excess funds to the central bank and earn interest on it.
It is also a short term like Repo rate.
The current reverse repo rate is 7.5% what i know.
Yes I will do it..Thanks for your efforts..
Just one last question..Can you tell me out of all these place from whr is the best conveyance (Taxi or cabs) facility available.??
From
Mapusa
Panajim
Old Goa..
You can get cabs. You can also get pilots. Pilots are the bikes. They will drop you anywhere you say. it will be cheaper if you are alone.
An important link regarding the data for rates : Latest Rates for CRR, SLR, Bank Rate, Cash Reserve Ratio, MSF
Adding on to what Anand said,
1. Bank rate is for long term while Repo rate is for short term.
2. In Repo rate, banks borrow money by selling their securities. Same is not the case with Bank rate. Bank rate is similar to borrowing money from someone and paying interest on that amount.
From what I understand is that Repo rate is the rate at which the RBI lends money to commercial banks, a short term for repurchase agreement.
Can u explain a little more?? Ya fir koi weblink from where I can read.
Thanx.
From what I understand is that Repo rate is the rate at which the RBI lends money to commercial banks, a short term for repurchase agreement.
Can u explain a little more?? Ya fir koi weblink from where I can read.
Thanx.
Yes, you are right.
Repo rate or repurchase rate is the rate at which banks borrow money from the central bank which is RBI for INDIA and it is for short period by selling their financial assets with an agreement to repurchase it at a future date at predetermined price.
It is similar to borrowing money from a money-lender by selling him something, and later buying it back at a pre-fixed price.
Yes, you are right.
Repo rate or repurchase rate is the rate at which banks borrow money from the central bank which is RBI for INDIA and it is for short period by selling their financial assets with an agreement to repurchase it at a future date at predetermined price.
It is similar to borrowing money from a money-lender by selling him something, and later buying it back at a pre-fixed price.
So, Bank rate is just like repo rate but it is long term and u dont have to sell ur securities in it, bas u have to pay the interest thats it??
Enceladus SaysSo, Bank rate is just like repo rate but it is long term and u dont have to sell ur securities in it, bas u have to pay the interest thats it??
You got it right Enceladus..
....................................
MANISH SINGH
GIM
2011-13
Inflation rate in Dec 2011 was 7.47%. From Jan 2012 it is 6.55% . what all factors contributed to this reduction? Also, is it stable? How can we say it is stable or not?
Hi,
Fall in vegetable prices was the major contributing factor in dis reduction as the agricultural growth has been very good in d past months.
Also as d economy is trying 2 gnaw back 2 a good position prior 2 Budget being declared....it wont b stable......mostly it will decrease a bit more.....
For RBI.....a decent / safe rate is 5 - 6% b4 dey can think of decreasing d interest rates which dey hiked during infaltion........
Hope dis little info helps....
quirkysoul SaysInflation rate in Dec 2011 was 7.47%. From Jan 2012 it is 6.55% . what all factors contributed to this reduction? Also, is it stable? How can we say it is stable or not?