My choice for phase 2 is
- Economics
- Statistics
- Finance & Management
0 voters
provide link for materials please...for phase 1
Thank you in Advance.
The Reserve Bank of India, in consultation with Government of India, has decided to issue Sovereign Gold Bonds. The Bonds will be issued on November 26, 2015. Applications for the bond will be accepted from November 05, 2015 to November 20, 2015. The Bonds will be sold through banks and designated post offices as may be notified. The borrowing through issuance of the Bond will form part of market borrowing programme of Government of India. It may be recalled that Honourable Finance Minister had announced in Union Budget 2015-16 about developing a financial asset, Sovereign Gold Bond, as an alternative to purchasing metal gold. The features of the Bond are given below: Sl.No. Item Details 1. Product name Sovereign Gold Bond 2. Issuance To be issued by Reserve Bank India on behalf of the Government of India. 3. Eligibility The Bonds will be restricted for sale to resident Indian entities including individuals, HUFs, trusts, Universities, charitable institutions. 4. Denomination The Bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram. 5. Tenor The tenor of the Bond will be for a period of 8 years with exit option from 5th year to be exercised on the interest payment dates. 6. Minimum size Minimum permissible investment will be 2 units (i.e. 2 grams of gold). 7. Maximum limit The maximum amount subscribed by an entity will not be more than 500 grams per person per fiscal year (April-March). A self-declaration to this effect will be obtained. 8. Joint holder In case of joint holding, the investment limit of 500 grams will be applied to the first applicant only. 9. Frequency The Bonds will be issued in tranches. Each tranche will be kept open for a period to be notified. The issuance date will also be specified in the notification. 10. Issue price Price of Bond will be fixed in Indian Rupees on the basis of the previous week's (Monday-Friday) simple average of closing price of gold of 999 purity published by the India Bullion and Jewellers Association Ltd. (IBJA). 11. Payment option Payment for the Bonds will be through electronic funds transfer/cash payment/ cheque/ demand draft. 12. Issuance form Government of India Stock under GS Act, 2006. The investors will be issued a Stock/Holding Certificate. The Bonds are eligible for conversion into de-mat form. 13. Redemption price The redemption price will be in Indian Rupees based on previous week's (Monday-Friday) simple average of closing price of gold of 999 purity published by IBJA. 14. Sales channel Bonds will be sold through banks and designated Post Offices, as may be notified, either directly or through agents. 15. Interest rate The investors will be compensated at a fixed rate of 2.75 per cent per annum payable semi-annually on the initial value of investment. 16. Collateral Bonds can be used as collateral for loans. The loan-to-value (LTV) ratio is to be set equal to ordinary gold loan mandated by the Reserve Bank from time to time. 17. KYC Documentation Know-your-customer (KYC) norms will be the same as that for purchase of physical gold. KYC documents such as Voter ID, Aadhaar card/PAN or TAN /Passport will be required. 18. Tax treatment The interest on Gold Bonds shall be taxable as per the provision of Income Tax Act, 1961 (43 of 1961) and the capital gains tax shall also remain same as in the case of physical gold. 19. Tradability Bonds will be tradable on exchanges/NDS-OM from a date to be notified by RBI. 20. SLR eligibility The Bonds will be eligible for Statutory Liquidity Ratio. 21. Commission Commission for distribution shall be paid at the rate of 1% of the subscription amount.
Hey Puys, I am currently working in pvt sector, it becomes really difficult to manage office and studies together. How you are balancing Office work load and the preparations?
How many rough sheets are provided in the exam? Is there a limit ?
No objective sample papers for ESI and Optional subjects by RBI. Highly Unpredictable exam this time.What the hell they want to check by just providing 14 days between Phase 1 and phase 2
What was the cut off last year to qualify phase I?
Is Preper Learnyst good to subscribe for?
Those who have subscribed plz throw some light....
Thanks in Advance
Hi guys, who among you are planning to apply for Assistant Manager post in National Housing Bank? What are your motivations to apply for it? (Apart from being jobless, if that is the case).
plzz suggest me reference book for Phase 2 finance and management subject.......
hi..how are mahendras test series for phase 1 ?
I am just able to score between 30-40 even though i have read the entire six months GA portion. I really don't understand from where should i study now?? Any help how should i improve in GA section....
Puys, plz visit this link, I hope u ppl will have an overlook, plz comment is it worth reading for RBI phase-1 GA section?
I thinking talking about last years' cutoffs doesn't make sense. Last year it was 103, lat to last year it was 126. Who knows what will be this year. GA is too dicey. Quant, reasoning and English are still somewhat concept based. I mean if we can do these sections with about 70-80 questions, we can easily clear cutoffs. That is my strategy. Please share yours.
MY STRATEGY IS TO MAXIMIZE MY MARKS IN QUANT, REASONING AND ENGLISH (WITH 95% ACCURACY) GETTING AROUND 65-75 MARKS AND MAKE EDUCATED GUESSES IN GA WHICH GIVES ME 40-45 MARKS. THUS, A TOTAL OF 120 MARKS I AIM AT AND GET AROUND 110 IN VARIOUS MOCKS.
How to prepare for phase 2..need help..
Guys...how are you preparing english for phase 2 ??
my optional is Economics .I am covering Ramesh S.and PD for some topics.please suggest other material or sites which cn be useful for both phase-1 and phase-2.
1. Name the important agreements signed between India and Kazakhstan. Answer. International North South Transport Corridor And to improve Surface Connectivity. 2. India and Australia signed an agreement related to? Answer. Bilateral Defence Partnership 3. India and Indonesia signed a important pact for cooperation on which matters? Answer. criminal matters 4. India inked the $3.1 billion contracts for 22 Apache and 15 Chinook helicopters, taking the total worth of defence deals inked with which country well past $13 billion? Answer. USA 5. India with which country signed a pact to cooperate on criminal matters? Answer. Indonesia 6. Bilateral cooperation in Tourism & Mekong Ganga Project was signed between India and which country? Answer. Cambodia 7. India and Laos signed a key memorandum of understanding on Quick Impact Projects under which programme? Answer. Mekong-Ganga Cooperation (MCC) programme 8. India signed a loan agreement with ADB for up-gradation in which sectors of the state? Answer. tourism infrastructure and services in Punjab, Uttarakhand and Himachal Pradesh. 9. The International Labour Organization (ILO) signed mou with which body to impart training to Micro, Small & Medium Enterprises (MSMEs) to make them competitive and boost productivity? Answer. Federation of Indian Chambers of Commerce and Industry (FICCI) 10. Where will be the Centre for World Natural Heritage Management and Training for Asia-Pacific region is going to be established? Answer. Wildlife Institute of India (WII) in Dehradun, Uttarakhand 11. ILO and FICCI inked MoU to boost ________ productivity? Answer. MSME 12. India signed agreement with which International organization for financing NCRMP Projects (National Cyclone Risk Mitigation Project). Answer. World Bank 13. The Union Cabinet approved the Memorandum of Understanding (MoU) to establish the PACEsetter Fund. With which country India signed mou for this fund? Answer. USA Note:PACE is Partnership to Advance Clean Energy (PACE) 14. MoD and MSDE signed MoU to increase employability of ________? Answer. ex-servicemen 15. India signed agreements on Defence Cooperation, Cooperation in Culture, Cooperation in the field of Elections and Cooperation in the sphere of Standards with which country? Answer. Kyrgyzstan 16. With which country, India signed an agreement to set up PACE Setter Fund? Answer. USA 17. PM Went To attend 7th BRICS Summit And Shanghai Cooperation Organisation (SCO) Summit in which country? Answer. Russia 18. India and Singapore signed an agreement to enhance _______? Answer. maritime cooperation 19. With which Bank, India signed an agreement for Andhra Pradesh Disaster Recovery Project? Answer. World Bank 20. Social Security Pact comes into force between which two countries? Answer. India and Canada
Which book to refer for sociology part of the paper 1 i.e. ESI ?? did anybody see C.N. Shankar Rao, the book prescribed in rbi syllabus??whether it matches the concerned syllabus or not??