can anyone tell me why USD is up n all other currencies Euro, Pound,Rupee, Gold are down? and what is the basic reason behind it....
In easiest of terms.. it is due to increase in demand of dollar. Investers feel that at this moment dollar is their best bet against other currencies and commodities. Euro is down for obvious reasons. As more and more investors dump euro there is an increase in supply but no takers and hence low demands, which is dragging it lower. Rupee is down because most of the FIIs invested in indian stock markets are selling their equities (as is the phenomenon in markets all over the world) or we can say they are net seller. Now, as they are selling the stocks, there is an increased supply of rupee and in turn increased demand of dollar. Thus, rupee is getting weaker against dollar. As regards gold, I would reiterate that investors feel dollar is a better investment against gold and therefore are divesting from gold and investing in dollar.
great job dude. i like it.i too is preaparing for rbi. if u do have 2010 and 2009 paper of RBI, please upload a scanned paper from pratiyogita darpan will do. please dude. by the way, u can consult with me, i am working with state bank of india as po
In easiest of terms.. it is due to increase in demand of dollar. Investers feel that at this moment dollar is their best bet against other currencies and commodities. Euro is down for obvious reasons. As more and more investors dump euro there is an increase in supply but no takers and hence low demands, which is dragging it lower. Rupee is down because most of the FIIs invested in indian stock markets are selling their equities (as is the phenomenon in markets all over the world) or we can say they are net seller. Now, as they are selling the stocks, there is an increased supply of rupee and in turn increased demand of dollar. Thus, rupee is getting weaker against dollar. As regards gold, I would reiterate that investors feel dollar is a better investment against gold and therefore are divesting from gold and investing in dollar.
its great man. it seems that u have a sound conceptual knowledge of economics and working hard to keep u update. i am thankful to you for ur updates @ pagalguy. Thanx a lot.
I will daily post some important news from the ET . You guys also try to do the same......this is the best way to be familiar with all the updates as one can not read all the newspapers...
Thanx sameer. i wish u realise ur dream very soon. Those who work hard will get the same. Be a winner and crack grade b. this is sunny rathod from lucknow.
hi guys... i dnt knw much abt these xams.... bt was curious as i read d add today in a daily.... so can u plz share the details? or at least date of xam and last date of form submission?? or plz shzre a link
The European Financial Stability Facility (EFSF) is a special purpose vehicle financed by members of the Eurozone to combat the European sovereign debt crisis. It was agreed by the 27 member states of the European Union on 9 May 2010, aiming at preserving financial stability in Europe by providing financial assistance to eurozone states in economic difficulty. The Facility is headquartered in Luxembourg City, and the European Investment Bank provides treasury management services and administrative support to it through a service level contract.
Hi Everyone Back to PG after a long time and this time for RBI exam. I'm doing MBA in international Business from Delhi School of Economics. Looking to start the preparation. Please guide me about the same. would be really great of you thanks :)
Sir , could you please tell me how the support staff of group B and group C gets recruited in RBI..Doesnt RBI have any sort of clerical exams as we see in the case of other public sector banks?
hi shrutzvilla they mentioned that it has to be send via normal post because the applications were addressed to a post bag/box number.
I will call RBI tomorrow and ask if I can know status of my application. you also do it.
Yes, it will be good to have a confirmation. Please post the update. My guess is we will know for sure abt our application status only after we receive the call letter.
Inflation is the rise in the price of goods and services over a period of time. Some define inflation as the loss of purchasing power because when a price level rises, the unit of currency buys few goods and services. E.g.: While in the past one rupee could buy a cup of coffee/tea, these days it buys barely anything.
One of my friends told me that, in RBI exam, unlike other bank exams - the invigilators will collect the answer/ question papers after each section.
Is this true?? Anybody who has taken Grade B exam prev plz help.
There will be 4 sections. each section will be bundled separately in a single paper. Whenever time for section starts u will need to tear that section only. And paper will be collected after completion of 2 hrs. I had appeared for the xam last time.
There will be 4 sections. each section will be bundled separately in a single paper. Whenever time for section starts u will need to tear that section only. And paper will be collected after completion of 2 hrs. I had appeared for the xam last time.
Guys i know its a huge syllabus to cover but Could anyone please tell us the syllabus for respective subjects. What needs to be covered in Quant? DI? english? and GK? this would be of great help.
the question booklet will have all the sections sealed, on bell we have to open that otherwise they snatch the paper
Yes, i m also saying same. Every section is sealed & after the completion of the particular section u can tear the seal of next section & then u cannot go back top earlier section. After completion of all sections OMR sheet & paper is collected.
Guys i know its a huge syllabus to cover but Could anyone please tell us the syllabus for respective subjects. What needs to be covered in Quant? DI? english? and GK? this would be of great help.
thanks :)
General Awareness:- Read ET & pratiyogita Darpan monthly magazine for the period June 11 to November 11. Also refer sites rbi.org.in (notifications, speeches etc) & gktoday.in (banking & economy related questions & bank P.O study material section. Other Sections:- Buy BSC publications "PO papers detailed solution" book & solve daily 1 paper with time limit of 30 minutes to each section. After time limit check your answers & write down your score, no. of questions attempted, no. of right questions, wrong questions etc. & then solve the remaining questions which u cld not solve in time limit. This will give you idea about the preference to be given to the questions while solving papers.
