Whwn is the result for ph 1 ??
Will all the three papers of phase 2 be held on same day?
can someone provide material for management paper
which type of MCQ can be asked if Socio economic paper . If some one have sample paper then please upload it will be of great help
If interest rate rise in a country,it will lead to appreciation of domestic currency.
true or false ?
Shift 1 attempts
QA -15
Reas-24
Eng- 28
GK-68
Total - 135
Will I b able to clear reasoning??? about rest sections and overall clearance I am sure but not about reasoning.
Last year reasoning cut off was 24 i.e. 40%
if rbi applies same criteria of 40% then gone..
Accuracy -95%
Category - Gen
When is the phase 2exam scheduled? And will it be subjective or objective??
For Finance & Management optional people only :
As few of you wanted to know what sources I am referring for this subject - see the topic wise break up
Note : Veteran players of RBI exam may have better sources and plan than mine. They can even add their suggestions.
FINANCE
(a) Financial System
- Regulators of Banks and Financial Institutions - In this topic we need to also go through regulators like SEBI, IRDAI, PFRDA, AMFI - Dutt & Sundaram & Mrunal Economy video and recent development like Amnedment in SEBI power and others
- Reserve Bank of India- functions and conduct of monetary policy, Banking System in India - Dutt & Sundaram & Mrunal Economy video
- Financial Institutions - SIDBI, EXIM, NABARD, NHB, etc. - Dutt & Sundaram and respective website
(b) Financial Markets
- Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments -Source Dutt & Sundaram, Mrunal Economy and Current affairs for recent developments
(c) General Topics
1. Risk Management in Banking Sector
Source - CAIIB book of Risk mgmt. (selective reading). Not recommended to buy at this point of time. I already had it because I have read it previously for risk manager (SBI scale 3). I have prepared short notes if required I can share.
2. Basics of Derivatives: Forward, Futures and Swap
Source - NCFM derivative dealers module (selective reading) and you tube video on derivative
3. Changing Landscape of Banking sector-
Source - Indian Economy Dutt & Sundaram
4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments Source - Indian Economy Dutt & Sundaram and recent developments from Mrunal and Current affairs
5. Financial Inclusion- use of technology
Source - Mrunal Ecomony Video, subtopics to be read - Read Nachiket mor committee report on Financial inclusion and findings, Usha throat comt. (Small Banks), Mor Comt. (Payment Banks), New schemes launched by govt., (PMJDY, PMSBY, PMJJY), Earlier scheme for Fin. inclusionlike No Frills account, BSBDA account.Then JAM Trinity, BCA, NOFN,FINO, DBT,Digital India and it's relation to Financial Inclusion (technology aspect will be covered here)
6. Alternate source of finance, private and social cost-benefit, PublicPrivate Partnership - Indian Economy Dutt & Sundaram
7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector - Source : Mrunal Economy video for corporate governance and Recent BBB (Banking board bureau and recommendation from current affair and goggle) For E governance - Digital India (Mrunal Eco Vieo)
8. The Union Budget - Direct and Indirect taxes; Non-tax sources of Revenue
Source - Read copy of Budget speech, download Arun jaitley budget speech video (available online) and have one more copy of highlights of budget after that go through Mrunal Economy video on Budget
9. Finance Commission - Source Indian Polity Laxmikant but can be googled also
10. Thirteenth Finance Commission - Source - 13th Fin. Com by Vijay Kelkar - Dutt & Sundaram. Go through the 14th Fin. Com (Y.V. reddy) report on Mrunal economy video also
11. GST - Source - Mrunal Economy video very well explained. Then the current road blocks in passing it in parliament and committee made recently in Rajya sabha their recommendation can be goggled and found in current affair.
12. Fiscal Policy - It includes Govt. taxation , expenditure and transfer payment
Fiscal Responsibility and Budget Management Act (FRBM) - Mrunal Economy video
13. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends - Source Mrunal Ecomony video explained in very detail and update from current affairs also read Urijit Patel comm. Report
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social issues can be covered from upsc material or something else u people are preparing from?
For someone who knows only upsc paper 3 syllabus in economics; which optional would be better for phase 2 ?
Economics/finance ?
shift 2
QA- 10
REAS- 25
ENG - 23
GK - 53
CAT OBC.
What should I expect from the results and when can we expect it actually that's what keeping me on my toes.
Expected marks
Ga - 40 to 45
English -20 to 22
Reasoning 22-25
Qa 8.5
Total 90.5 to 100.5 .. Obc.. What are my chances.. ?
70% of the registered users voted. The candidate A won the candidate B by 400 votes and got 12.5% votes than B. Find the total number of registered voters.. Please solve this gUys
what is the difference between bought out deals and private placement?
Since many of us wud be getting marks of QA in decimals also, Wud the rbi provide the cut off, specifically the QA cut off, in decimals also ?
Or wud the cut off be considered only in integer form?
This may impact selection chances of many.
We may be in/out thru QA cut off by way of decimals .
My take on Quant Cutoffs:
Assumption 1: RBI will not follow normalization
Assumption 2: Morning and Evening shift had same difficulty.
UR - 8-9
OBC - 6.5-7.5
SC/ST - 5-6
Last year cutoffs { UR-11, OBC-9(I guess), SC/ST - 7 }
This is copied from quora----
21k basic. Including DA and other allowances, it would go up to 53k. Salary revision is pending after which it would probably increase by 7k.
Benefits:
1) You get 2bhk in heart of the city to live. Never you need to worry about your accommodation till retirement.
2) If you have a car on your name, you will get 150 ltr worth petrol allowance on mere declaration (i.e. 11k per month)
3) Monthly allowances: Maid allowance (3k), mobile allowance (1.5k), 2k sodexo
4) Annual allowances: 4.5k medical on declaration, 4k book grant on declaration
5) Biannual allowances: 7k briefcase allowance, 7k spectacles allowances (if your spouse has spects too, then you can claim that too)
LTC/LFC tour allowance - 1lac per two years per person of the family (dependent members). Foreign tours are allowed
6) Generally your medical expenses will get reimbursed.
When on official tour, you always travel by air, live in quality hotel (such as Marine Plaza in Mumbai) and you get TA, DA too.
If you have a kid, you will get 3k per month for kid for his education.
5 Days week office.
Dont worry about allowances, just prepare for it.
Source: I work here.
objective books for phase 2 anyone?
Who sets the question of phase 1...rbi or ibps?
What will the overall cutoff?