CIRCULAR(--Naa bhaiya not MASTER CIrcular rbi waala)
RBI/2015/407
Dec 7,2015
To,
All RBI Staff,
Dear Sir/Madam,
This is to bring to your notice that wards of most employees have been seen roaming around the residence of Raghu.Kindly keep your wards on close watch as only my son has the right to woo her daughter.
Bhaiyon am I the only one worried about english here? Atleast suggest any errors/modification needed in format so that we can all deliver in this paper.Last year i had only 57...anything less than 70 is poor i suppose.Please help me improve.
@Shiithappens Circular, copied form another thread .
English:
example of circular
copy and edited from rbi website .Just take some points and add it to your circular. There are some lines which are universal for writing in these type of Questions.
Question:
On behalf of RBI, issue a circular to all the subsidiary banks to open special cell to deal with entry of Banks into Insurance Business - Insurance Broking Business and expedite the essential procedures to apply for license within a specific period of time. (this question has been edited,it was asked in rbi grade b 2014)
Dear Sir/ Madam,
Entry of Banks into Insurance Business - Insurance Broking
Business Consequent to the announcement by the Finance Minister in the budget speech 2013_14 that banks will be permitted to act as insurance brokers, IRDA has formulated and notified the IRDA (Licensing of Banks as Insurance Brokers) Regulations, 2013 to enable banks to take up the business of insurance broking departmentally.
2. In order to enable banks to leverage their branch network for increasing insurance penetration, it has been decided to permit banks to undertake insurance broking business departmentally, subject to the requirements, including the minimum eligibility criteria, specified in the Annex. Banks desirous of offering insurance broking services should seek specific prior approval of Reserve Bank of India. Approvals would factor in the regulatory and supervisory comfort on various aspects of banks' functioning such as corporate governance, risk management and the arrangements proposed for undertaking insurance brokerage etc.
3. Banks offering insurance broking services shall not enter into any arrangement for corporate agency or insurance referral business.
4. The guidelines on insurance broking business will be reviewed after three years.
Climate Change/GSTor FRBM or PDMA/Banking system and reforms (wrt Small,Payment etc)/Terrorism and Internal Security/One heavily philosophical shit / One sports or Entertainment topic ...probable areas for essay!
2. Workers Quantity Produced 1 15 2 28 3 39 4 48 5 55 6 60 This
company is a profit-maximizing firm selling in a competitive product
market and hiring in a competitive labor market. It uses semi-skilled
labor to produce dampers used in office building ventilation systems.
Assume that the current market price per damper is $50 and that the
prevailing weekly salary per semi-skilled worker is $550. This company
should employ ______ workers. a. 2 b. 3 c. 4 d. 5 e. 6
I am thinking this RBI experiment may go bad, as the scores in paper 1 and 3 may go as low as 25-30 and english may be upwards of 60 for many, creating a unwanted situation for RBI, just as it did in Phase 1 where people mainly with weaker quant were eliminated.