:: Hii puys after 4 months of joining an learning a lot from all puys here I thought to open this thread for common written exam which will be held by IBPS for all 19 Public sector banks. :: :: :: Welcome to IBPS :: Rules of game We…
Hii puys after 4 months of joining an learning a lot from all puys here I thought to open this thread for common written exam which will be held by IBPS for all 19 Public sector banks.:: Welcome to IBPS ::
Rules of game
We will discuss these five topics
1. Reasoning
2. Quantitative Aptitude
3. General awareness(with special reference to banking)
4. Computer
5. English
I request all other puys who are preparing for Banking to join this thread and make it useful to crack CWE without spamming.:cheers::cheers::cheers:
Further I request to moderator please help me out to grow this thread.
hello kdn can you tell which book to refer for banking awareness
and here is my first post
FIVE YEAR PLANS OBJECTIVES
1 First Plan (1951 56) It was based on Harrod-Domar Model.
Community Development Program was launched in 1952.
Emphasized on agriculture, price stability, power & transport.
It was more than a success, because of good harvests in the last two years.
2 Second Plan (1956 61) Also called Mahalanobis Plan after its chief architect.
Its objective was rapid industrialization.
Advocated huge imports which led to emptying of funds leading to foreign loans. It shifted basic emphasis from agriculture to industry far too soon. During this plan, price level increased by 30%, against a decline of 13% during the First Plan.
3 Third Plan (1961 66) At its conception time, it was felt that Indian economy has entered a take-off stage. Therefore, its aim was to make India a self-reliant and self-generating economy.
Also, it was realized from the experience of first two plans that agriculture should be given the top priority to suffice the requirement of export and industry.
Complete failure due to unforeseen misfortunes, viz. Chinese aggression (1962), Indo-Pak war (1965), severest drought in 100 years (1965-66).
4 Three Annual Plans (1966-69) Plan holiday for 3years. The prevailing crisis in agriculture and serious food shortage necessitated the emhasis on agriculture during the Annual Plans.
During these plans a whole new agricultural strategy involving wide-spread distribution of High-Yielding Varieties of seeds, the extensive use of fertilizers, exploitation of irrigation potential and soil conservation was put into action to tide-over the crisis in agricultural production.
During the Annual Plans, the economy basically absorbed the shocks given during the Third Plan, making way for a planned growth.
5 Fourth Plan (1969 74) Main emphasis on agricultures growth rate so that a chain reaction can start.
Fared well in the first two years with record production, last three years failure because of poor monsoon.
Had to tackle the influx of Bangladeshi refugees before and after 1971 Indo-Pak war.
6 Fifth Plan(1974-79) The fifth plan prepared and launched by D.D. Dhar proposed to achieve two main objectives viz, removal of poverty (Garibi Hatao) and attainment of self reliance, through promotion of high rate of growth, better distribution of income and a very significant growth in the domestic rate of savings.
The plan was terminated in 1978 (instead of 1979) when Janta Govt.came to power.
7 Rolling Plan (1978 80) There were 2 Sixth Plans. One by Janta Govt. (for 78-83) which was in operation for 2 years only and the other by the Congress Govt. when it returned to power in 1980.
8 Sixth Plan (1980 85) Objectives: Increase in national income, modernization of technology, ensuring continuous decrease in poverty and unemployment, population control through family planning, etc.
9 Seventh Plan (1985 90) The Seventh plan emphasized policies and programs which aimed at rapid growth in food-grains production, increased employment opportunities and productivity within the framework of basic tenants of planning.
It was a great success, the economy recorded 6% growth rate against the targeted 5%.
10 Eighth Plan (1992 97) The eighth plan was postponed by two years because of political upheavals at the Centre and it was launched after a worsening Balance of Payment position and inflation during 1990-91.
The plan undertook various drastic policy measures to combat the bad economic situation and to undertake an annual average growth of 5.6%
Some of the main economic performances during eighth plan period were rapid economic growth, high growth of agriculture and allied sector, and manufacturing sector, growth in exports and imports, improvement in trade and current account deficit.
11 Ninth Plan (1997- 2002) It was developed in the context of four important dimensions: Quality of life, generation of productive employment, regional balance and self-reliance.
12 Tenth Plan (2002 2007) To achieve the growth rate of GDP @ 8%.
Reduction of poverty ratio to 20% by 2007 and to 10% by 2012.
Providing gainful high quality employment to the addition to the labour force over the tenth plan period.
Universal access to primary education by 2007.
Reduction in gender gaps in literacy and wage rates by atleast 50% by 2007.
Reduction in decadal rate of population growth between 2001 and 2011 to 16.2%.
Increase in literacy rate to 72% within the plan period and to 80% by 2012.
Reduction of Infant Mortality Rate (IMR) to 45 per 1000 live births by 2007 and to 28 by 2012.
Increase in forest and tree cover to 25% by 2007 and 33% by 2012.
All villages to have sustained access to potable drinking water by 2012.
Cleaning of all major polluted rivers by 2007 and other notified stretches by 2012.
Plan Target Actual
First Plan (1951 56) 2.9%-3.6%
Second Plan (1956 61) 4.5%-4.3%
Third Plan (1961 66) 5.6%-2.8%
Fourth Plan (1969 1974) 5.7%-3.3%
Fifth Plan (1974 79) 4.4%-4.8%
Sixth Plan (1980 85) 5.2%-6.0%
Seventh Plan (1985 90) 5.0%-6.0%
Eighth Plan (1992 97) 5.6%-6.8%
Ninth Plan (1997 2002) 6.5%-5.4%
Tenth Plan (2002 2007) 8.0%
himanshu2510 Sayshello kdn can you tell which book to refer for banking awareness
BSC Publication is good and be up-to-date with daily happenings means read a financial news paper daily.
kdn1512 SaysBSC Publication is good and be up-to-date with daily happenings means read a financial news paper daily.
i m reading The Hindu
so is it not enough for economical awareness as it has a business page
or
should i take economics times separately.
and here is my first post
FIVE YEAR PLANS OBJECTIVES
1 First Plan (1951 56) It was based on Harrod-Domar Model.
Community Development Program was launched in 1952.
Emphasized on agriculture, price stability, power & transport.
It was more than a success, because of good harvests in the last two years.
2 Second Plan (1956 61) Also called Mahalanobis Plan after its chief architect.
Its objective was rapid industrialization.
Advocated huge imports which led to emptying of funds leading to foreign loans. It shifted basic emphasis from agriculture to industry far too soon. During this plan, price level increased by 30%, against a decline of 13% during the First Plan.
3 Third Plan (1961 66) At its conception time, it was felt that Indian economy has entered a take-off stage. Therefore, its aim was to make India a self-reliant and self-generating economy.
Also, it was realized from the experience of first two plans that agriculture should be given the top priority to suffice the requirement of export and industry.
Complete failure due to unforeseen misfortunes, viz. Chinese aggression (1962), Indo-Pak war (1965), severest drought in 100 years (1965-66).
4 Three Annual Plans (1966-69) Plan holiday for 3years. The prevailing crisis in agriculture and serious food shortage necessitated the emhasis on agriculture during the Annual Plans.
During these plans a whole new agricultural strategy involving wide-spread distribution of High-Yielding Varieties of seeds, the extensive use of fertilizers, exploitation of irrigation potential and soil conservation was put into action to tide-over the crisis in agricultural production.
During the Annual Plans, the economy basically absorbed the shocks given during the Third Plan, making way for a planned growth.
5 Fourth Plan (1969 74) Main emphasis on agricultures growth rate so that a chain reaction can start.
Fared well in the first two years with record production, last three years failure because of poor monsoon.
Had to tackle the influx of Bangladeshi refugees before and after 1971 Indo-Pak war.
6 Fifth Plan(1974-79) The fifth plan prepared and launched by D.D. Dhar proposed to achieve two main objectives viz, removal of poverty (Garibi Hatao) and attainment of self reliance, through promotion of high rate of growth, better distribution of income and a very significant growth in the domestic rate of savings.
The plan was terminated in 1978 (instead of 1979) when Janta Govt.came to power.
7 Rolling Plan (1978 80) There were 2 Sixth Plans. One by Janta Govt. (for 78-83) which was in operation for 2 years only and the other by the Congress Govt. when it returned to power in 1980.
8 Sixth Plan (1980 85) Objectives: Increase in national income, modernization of technology, ensuring continuous decrease in poverty and unemployment, population control through family planning, etc.
9 Seventh Plan (1985 90) The Seventh plan emphasized policies and programs which aimed at rapid growth in food-grains production, increased employment opportunities and productivity within the framework of basic tenants of planning.
It was a great success, the economy recorded 6% growth rate against the targeted 5%.
10 Eighth Plan (1992 97) The eighth plan was postponed by two years because of political upheavals at the Centre and it was launched after a worsening Balance of Payment position and inflation during 1990-91.
The plan undertook various drastic policy measures to combat the bad economic situation and to undertake an annual average growth of 5.6%
Some of the main economic performances during eighth plan period were rapid economic growth, high growth of agriculture and allied sector, and manufacturing sector, growth in exports and imports, improvement in trade and current account deficit.
11 Ninth Plan (1997- 2002) It was developed in the context of four important dimensions: Quality of life, generation of productive employment, regional balance and self-reliance.
12 Tenth Plan (2002 2007) To achieve the growth rate of GDP @ 8%.
Reduction of poverty ratio to 20% by 2007 and to 10% by 2012.
Providing gainful high quality employment to the addition to the labour force over the tenth plan period.
Universal access to primary education by 2007.
Reduction in gender gaps in literacy and wage rates by atleast 50% by 2007.
Reduction in decadal rate of population growth between 2001 and 2011 to 16.2%.
Increase in literacy rate to 72% within the plan period and to 80% by 2012.
Reduction of Infant Mortality Rate (IMR) to 45 per 1000 live births by 2007 and to 28 by 2012.
Increase in forest and tree cover to 25% by 2007 and 33% by 2012.
All villages to have sustained access to potable drinking water by 2012.
Cleaning of all major polluted rivers by 2007 and other notified stretches by 2012.
Plan Target Actual
First Plan (1951 56) 2.9%-3.6%
Second Plan (1956 61) 4.5%-4.3%
Third Plan (1961 66) 5.6%-2.8%
Fourth Plan (1969 1974) 5.7%-3.3%
Fifth Plan (1974 79) 4.4%-4.8%
Sixth Plan (1980 85) 5.2%-6.0%
Seventh Plan (1985 90) 5.0%-6.0%
Eighth Plan (1992 97) 5.6%-6.8%
Ninth Plan (1997 2002) 6.5%-5.4%
Tenth Plan (2002 2007) 8.0%
Where is the data of 11th plan which is useful 4 cwe.
hey i will miss my daily newspaper from 12 to 15,
so please anyone who is making notes of current happenings from newspaper please post important facts day to day or consolidately up to 15.
so that everyone can get benefit...........
1 news-
6 districts of empowered group of states have reduced mortality rate to 28,which was the target of 2015 as directed by un........Good News:D
ELEVENTH PLAN (2007-2012)
The United Progressive Alliance government issued a paper in the eleventh plan titled Towards faster and more inclusive growth. According to the approach paper, the monitorable targets of five-year plan are:
1. GDP growth rate to be increased to 10% by the end of the plan;
2. Farm sector growth to be increased to 4%;
3. Creation of seven crore job opportunities;
4. Reduce educated unemployed youth to below 5 percent
5. Infant mortality rates to be reduced to 28 per 1000 births;
6. Maternal death rates to be reduced to 1 per 1000 births;
7. Clean drinking water to all by 2009;
8. Improve sex ratio to 935 by 2011-12 and to 950 by 2016-17;
9. Ensure electricity connection to all villages and broadband over power lines (BPL) households by 2009
10. Roads to all villages that have a population of 1000 and above by 2009;
11. Increase forest and tree cover by 5%;
12. Achieve the World Health Organization standard air quality in major cities by 2011-12;
13. Treat all urban wastewater by 2011-12 to clean river waters;
14. Increase energy efficiency by 20 percent by 2016-17
plz check and confirm
The United Progressive Alliance government issued a paper in the eleventh plan titled Towards faster and more inclusive growth. According to the approach paper, the monitorable targets of five-year plan are:
1. GDP growth rate to be increased to 10% by the end of the plan;
2. Farm sector growth to be increased to 4%;
3. Creation of seven crore job opportunities;
4. Reduce educated unemployed youth to below 5 percent
5. Infant mortality rates to be reduced to 28 per 1000 births;
6. Maternal death rates to be reduced to 1 per 1000 births;
7. Clean drinking water to all by 2009;
8. Improve sex ratio to 935 by 2011-12 and to 950 by 2016-17;
9. Ensure electricity connection to all villages and broadband over power lines (BPL) households by 2009
10. Roads to all villages that have a population of 1000 and above by 2009;
11. Increase forest and tree cover by 5%;
12. Achieve the World Health Organization standard air quality in major cities by 2011-12;
13. Treat all urban wastewater by 2011-12 to clean river waters;
14. Increase energy efficiency by 20 percent by 2016-17
plz check and confirm
International News of the week
Saturday
Washington: Raising concerns over the creditworthiness of the world's largest economy, Standard and Poor's has downgraded sovereign rating of the US from the top-most 'AAA' level for the first time in history -- a move that could make the debt-ridden nation's borrowings costlier.
Beijing: China, the largest holder of US debt demands that the US set itself on a corrective course to cure its "addiction" to debts following an unprecedented downgrade by credit rating agency Standard & Poors.
Sunday
Damascus: Syrian security forces backed by tanks killed at least 27 people today, activists said, as President Bashar al-Assad defended what he termed a crackdown on "outlaws" despite rising condemnation.
London: In one of the worst riots in the UK, a mob torches several vehicles and buildings and clash with security forces in an economically poor area of London overnight, injuring 26 officers, after police shot dead a 29-year-old local man.
Monday
Washington: President Barack Obama strongly defends US credit after a historic debt downgrade by rating agency S&P; and said America will always be AAA nation as its economic problems were "imminently solvable", given the political will.
Damascus: President Bashar al-Assad names a new defence minister as he faces regional isolation after three Gulf states recalled their envoys and Sunni Islam's top authority urged an end to Syria's bloodshed.
Tuesday
Islamabad: Pakistan conveys to India its keenness for progress on "doable" issues like Siachen and Sir Creek to create a "conducive" environment to talk about "core issues" and move towards their resolution according to Foreign Minister Hina Rabbani Khar.
London: With violence spreading to cities across London and other major cities, British Prime Minister David Cameron vows to unleash the full force of law on "thugs" and ordered the deployment of 16,000 police personnel in riot-hit areas to maintain law and order.
Wednesday
United Nations: Syrian President Bashar al-Assad "admitted" to a visiting delegation of envoys from India, Brazil and South Africa that "some mistakes had been made" by his security forces in tackling the unrest in his country.
Damascus: Syrian security forces shoot dead 17 people in the protest hub of Homs, while withdrawing from the city of Hama, as Washington turned up the heat on embattled President Bashar al-Assad.
Thursday
Damascus: The United States and Turkey agree on the need for a "transition to democracy" in Syria as President Bashar al-Assad's forces kill at least 14 people after storming two more towns in pursuit of anti-regime protesters.
London: Unveiling vigorous measures to tackle Britain's worst riots in decades, Premier David Cameron promises extra powers to police to quell the violence as a massive clampdown in London and other major cities netted over 1,300 trouble-makers and prevented further chaos.
Friday
Damascus: Syrian security forces open fire killing at least 10 people as thousands of anti-regime protesters rallied in flashpoint cities after the Ramadan weekly prayers.
London: As the death toll from violent riots in England rose to five, a top British police officer has slammed political leaders for finding fault with the cops' handling of the unrest while authorities summoned two social networking sites and makers of BlackBerry to discuss their roles in preventing future outbreaks.
Beijing: China launches a communications satellite for Pakistan, as the two all weather allies opened a "new platform" in space collaboration to further cement their strategic relationship.
Saturday
Washington: Raising concerns over the creditworthiness of the world's largest economy, Standard and Poor's has downgraded sovereign rating of the US from the top-most 'AAA' level for the first time in history -- a move that could make the debt-ridden nation's borrowings costlier.
Beijing: China, the largest holder of US debt demands that the US set itself on a corrective course to cure its "addiction" to debts following an unprecedented downgrade by credit rating agency Standard & Poors.
Sunday
Damascus: Syrian security forces backed by tanks killed at least 27 people today, activists said, as President Bashar al-Assad defended what he termed a crackdown on "outlaws" despite rising condemnation.
London: In one of the worst riots in the UK, a mob torches several vehicles and buildings and clash with security forces in an economically poor area of London overnight, injuring 26 officers, after police shot dead a 29-year-old local man.
Monday
Washington: President Barack Obama strongly defends US credit after a historic debt downgrade by rating agency S&P; and said America will always be AAA nation as its economic problems were "imminently solvable", given the political will.
Damascus: President Bashar al-Assad names a new defence minister as he faces regional isolation after three Gulf states recalled their envoys and Sunni Islam's top authority urged an end to Syria's bloodshed.
Tuesday
Islamabad: Pakistan conveys to India its keenness for progress on "doable" issues like Siachen and Sir Creek to create a "conducive" environment to talk about "core issues" and move towards their resolution according to Foreign Minister Hina Rabbani Khar.
London: With violence spreading to cities across London and other major cities, British Prime Minister David Cameron vows to unleash the full force of law on "thugs" and ordered the deployment of 16,000 police personnel in riot-hit areas to maintain law and order.
Wednesday
United Nations: Syrian President Bashar al-Assad "admitted" to a visiting delegation of envoys from India, Brazil and South Africa that "some mistakes had been made" by his security forces in tackling the unrest in his country.
Damascus: Syrian security forces shoot dead 17 people in the protest hub of Homs, while withdrawing from the city of Hama, as Washington turned up the heat on embattled President Bashar al-Assad.
Thursday
Damascus: The United States and Turkey agree on the need for a "transition to democracy" in Syria as President Bashar al-Assad's forces kill at least 14 people after storming two more towns in pursuit of anti-regime protesters.
London: Unveiling vigorous measures to tackle Britain's worst riots in decades, Premier David Cameron promises extra powers to police to quell the violence as a massive clampdown in London and other major cities netted over 1,300 trouble-makers and prevented further chaos.
Friday
Damascus: Syrian security forces open fire killing at least 10 people as thousands of anti-regime protesters rallied in flashpoint cities after the Ramadan weekly prayers.
London: As the death toll from violent riots in England rose to five, a top British police officer has slammed political leaders for finding fault with the cops' handling of the unrest while authorities summoned two social networking sites and makers of BlackBerry to discuss their roles in preventing future outbreaks.
Beijing: China launches a communications satellite for Pakistan, as the two all weather allies opened a "new platform" in space collaboration to further cement their strategic relationship.
PMEAC sticks to 8.2% GDP projection
The Prime Minister's Economic Advisory Council (PMEAC) today said it would stick to its 8.2% GDP growth projection for 2011-12 despite the US downgrade and its fallout on the global economy.
"We knew that growth rate in the US in the first half was only 1.8%. The growth rate of 8.2%, which we have projected for current year, is based on the assumption that growth rate in developed countries will be very modest," PMEAC Chairman C Rangarajan said.
FUNCTION KEY F1 to F12
F1
Almost always used as the help key, almost every program will open the help screen when this key is pressed.
Enter CMOS Setup.
Windows Key + F1 would open the Microsoft Windows help and support center.
Open the Task Pane.
F2
In Windows commonly used to rename a highlighted icon or file.
Alt + Ctrl + F2 opens a new document in Microsoft Word.
Ctrl + F2 displays the print preview window in Microsoft Word.
Enter CMOS Setup.
F3
Often opens a search feature for many programs including Microsoft Windows.
In MS-DOS or Windows command line F3 will repeat the last command.
Shift + F3 will change the text in Microsoft Word from upper to lower case or a capital letter at the beginning of every word.
F4
Open find window.
Repeat the last action performed (Word 2000+)
Alt + F4 will close the program currently active in Microsoft Windows.
Ctrl + F4 will close the open window within the current active window in Microsoft Windows.
F5
In all modern Internet browsers pressing F5 will refresh or reload the page or document window.
Open the find, replace, and go to window in Microsoft Word.
Starts a slideshow in PowerPoint.
F6
Move the cursor to the Address bar in Internet Explorer and Mozilla Firefox.
Ctrl + Shift + F6 opens to another open Microsoft Word document.
F7
Commonly used to spell check and grammar check a document in Microsoft programs such as Microsoft Word, Outlook, etc.
Shift + F7 runs a Thesaurus check on the word highlighted.
Turns on Caret browsing in Mozilla Firefox.
F8
Function key used to enter the Windows startup menu, commonly used to access Windows Safe Mode.
F9
Opens the Measurements toolbar in Quark 5.0.
F10
In Microsoft Windows activates the menu bar of an open application.
Shift + F10 is the same as right-clicking on a highlighted icon, file, or Internet link.
Access the hidden recovery partition on HP and Sony computers.
Enter CMOS Setup.
F11
Full-screen mode in all modern Internet browsers.
Ctrl + F11 as computer is starting to access the hidden recovery partition on many Dell computers.
Access the hidden recovery partition on eMachines, Gateway, and Lenovo computers.
F12
Open the Save as window in Microsoft Word.
Shift + F12 save the Microsoft Word document.
Ctrl + Shift + F12 prints a document in Microsoft Word.
Earlier IBM computers also had F13 - F24 on the keyboards. However, because these keyboards are no longer used they are not listed on this page.
If there is anything else plz add
F1
Almost always used as the help key, almost every program will open the help screen when this key is pressed.
Enter CMOS Setup.
Windows Key + F1 would open the Microsoft Windows help and support center.
Open the Task Pane.
F2
In Windows commonly used to rename a highlighted icon or file.
Alt + Ctrl + F2 opens a new document in Microsoft Word.
Ctrl + F2 displays the print preview window in Microsoft Word.
Enter CMOS Setup.
F3
Often opens a search feature for many programs including Microsoft Windows.
In MS-DOS or Windows command line F3 will repeat the last command.
Shift + F3 will change the text in Microsoft Word from upper to lower case or a capital letter at the beginning of every word.
F4
Open find window.
Repeat the last action performed (Word 2000+)
Alt + F4 will close the program currently active in Microsoft Windows.
Ctrl + F4 will close the open window within the current active window in Microsoft Windows.
F5
In all modern Internet browsers pressing F5 will refresh or reload the page or document window.
Open the find, replace, and go to window in Microsoft Word.
Starts a slideshow in PowerPoint.
F6
Move the cursor to the Address bar in Internet Explorer and Mozilla Firefox.
Ctrl + Shift + F6 opens to another open Microsoft Word document.
F7
Commonly used to spell check and grammar check a document in Microsoft programs such as Microsoft Word, Outlook, etc.
Shift + F7 runs a Thesaurus check on the word highlighted.
Turns on Caret browsing in Mozilla Firefox.
F8
Function key used to enter the Windows startup menu, commonly used to access Windows Safe Mode.
F9
Opens the Measurements toolbar in Quark 5.0.
F10
In Microsoft Windows activates the menu bar of an open application.
Shift + F10 is the same as right-clicking on a highlighted icon, file, or Internet link.
Access the hidden recovery partition on HP and Sony computers.
Enter CMOS Setup.
F11
Full-screen mode in all modern Internet browsers.
Ctrl + F11 as computer is starting to access the hidden recovery partition on many Dell computers.
Access the hidden recovery partition on eMachines, Gateway, and Lenovo computers.
F12
Open the Save as window in Microsoft Word.
Shift + F12 save the Microsoft Word document.
Ctrl + Shift + F12 prints a document in Microsoft Word.
Earlier IBM computers also had F13 - F24 on the keyboards. However, because these keyboards are no longer used they are not listed on this page.
If there is anything else plz add
PMEAC sticks to 8.2% GDP projection
The Prime Minister's Economic Advisory Council (PMEAC) today said it would stick to its 8.2% GDP growth projection for 2011-12 despite the US downgrade and its fallout on the global economy.
"We knew that growth rate in the US in the first half was only 1.8%. The growth rate of 8.2%, which we have projected for current year, is based on the assumption that growth rate in developed countries will be very modest," PMEAC Chairman C Rangarajan said.
thanx.......
what about changed bplr and base rate by sbi day before yesterday.....what r exact figures?
PMEAC sticks to 8.2% GDP projection
The Prime Minister's Economic Advisory Council (PMEAC) today said it would stick to its 8.2% GDP growth projection for 2011-12 despite the US downgrade and its fallout on the global economy.
"We knew that growth rate in the US in the first half was only 1.8%. The growth rate of 8.2%, which we have projected for current year, is based on the assumption that growth rate in developed countries will be very modest," PMEAC Chairman C Rangarajan said.
thanx.......
what about changed bplr and base rate by sbi day before yesterday.....what r exact figures?
The Basel III Guidelines are based upon 3 very important aspects which are called 3
pillars of the Basel II. These 3 pillars are as follows:
1. Minimum Capital Requirement
2. Supervisory review Process
3. Market Discipline
First Pillar: Minimum Capital Requirement
The first pillar Minimum Capital Requirement has been discussed above. This mainly
for total risk including the credit risk, market risk as well as Operational Risk .
Second Pillar: Supervisory Review Process
The second pillar i.e. Supervisory Review Process is basically intended to ensure that
the banks have adequate capital to support all the risks associated in their businesses.
In India , the RBI has issued the guidelines to the banks that they should have an
internal supervisory process which is called ICAAP or Internal Capital Adequacy
Assessment Process. With this tool the banks can assess the capital adequacy in
relation to their risk profiles as well as adopt strategies for maintaining the capital
levels.
Apart from that, there is another process stipulated by RBI which is actually the
Independent assessment of the ICAAP of the Banks. This is called SREP or
Supervisory Review and Evaluation Process.
The independent review and evaluation may suggest prudent measures and
supervisory actions whatever is needed.
ICAAP is conducted by Banks themselves and SREP is conducted RBI which is along with the RBIs Annual Financial Inspection (AFI) of the
bank.
Third Pillar: Market Discipline
The idea of the third pillar is to complement the first and second pillar. This is
basically a discipline followed by the bank such as disclosing its capital structure, tier-I
and Tier II Capital and approaches to assess the capital adequacy.
In the above discussion, we could understand that the Basel II and forthcoming Basel
III are basically guidelines which focus upon adequate capital in the banks and
minimize the risk to the customers or depositors. The idea is to make a sound
financial system which not only helps the banks and but the entire economy of the
country to maintain the trust and faith, as transparency in the business. The
centerpieces are Capital Adequacy and Risks.
I need to ask one thing.As the paper is expected to have nearly 5 sections I would love to be enlightened on the fact that whether the paper will have sectional cut offs or not.Also any light on the number of questions and a tentative number of attempts for a good score will be heartily welcome.
I might sound a bit naive in my words but I don't have much of a clue about this examination.
a).how many speechs were deleivered in two days programmes?
1.18 speakers r invited 2 give atleas 1 speech,out of which 1/6 could not come
2.1/3 of speakers gave 2 speechs each.
b) hw mch amnt ram required to pay 4 the new car in te buy back scheme/
1.cost of new car was three times the cost of old car
2.old car was valued at 25000 under buy back scheme
data sufficiency.......hit it
a).how many speechs were deleivered in two days programmes?
1.18 speakers r invited 2 give atleas 1 speech,out of which 1/6 could not come
2.1/3 of speakers gave 2 speechs each.
b) hw mch amnt ram required to pay 4 the new car in te buy back scheme/
1.cost of new car was three times the cost of old car
2.old car was valued at 25000 under buy back scheme
data sufficiency.......hit it
1. We need both the statements.
2. We can't solve the problem by taking both the statement together also.
see attachment......
oh its not uploaded so please anyone post hw to solve very 1st puzzle of r.s.agarwal.......