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Strategy for RBI Grade B Exam

PHASE 1

The pattern is as follows:

Reasoning- 60 marks

English- 30 marks

Quants- 30 marks

General Awareness- 80 marks
Continue reading “Strategy for RBI Grade B Exam”

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Financial Awareness-June(1-10) 2017

1. Govt may merge PSU banks without waiting for improvement, indicates Jaitley (Source: MINT/ ET)
• The government on June 5th said it is examining the possibility of further consolidation in the public sector banking space without waiting for their finances to improve.
• “Internally there was a thinking after the SBI amalgamation took place to wait for the rest till the health of the banks improve. “We have now relooked at the whole system and there are some institutions within the public sector banks which can be consolidated even in the present circumstances. We are seriously examining them,” finance minister Arun Jaitley told.
• According to experts, Punjab and Sind Bank can be merged with Punjab National Bank, while other big lenders like Bank of Baroda can take over some banks in the southern region such as Indian Overseas Bank. Similarly, Dena Bank could be merged with some large banks like South Indian bank. Continue reading “Financial Awareness-June(1-10) 2017”

GA Questions asked in RBI Grade B Phase-1 2017

1 G-20 Summit 2017 held in which country? Hamburg, Germany
2 The currency of Kenya? Shilling
3 Berlin is the capital of which Country? Germany
4 BSBDA stands for? Basic Savings Bank Deposit Account
5 Irani Cup is related to which sport? Cricket
6 Who won the title of Sudiraman Cup 2017? South Korea
7 What is the amount Limit in BSBDA per month? 10000
Continue reading “GA Questions asked in RBI Grade B Phase-1 2017”

MPC: Speak up, Stand up and Stand out

The Reserve Bank of India’s monetary policy committee will sound less hawkish but needs to improve communication and transparency

Source: MPC: Speak up, Stand up and Stand out

 

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Government launches ‘e-Sanad’ for digital attestation of documents

‘Parinaam Manjusha’, the CBSE repository of documents like mark-sheets and migrations certificates, has been integrated with e-Sanad for this purpose.

Source: Government launches ‘e-Sanad’ for digital attestation of documents

Fix corporates first to lift credit flow, says Viral Acharya

RBI deputy governor wants companies to take steps to reduce debt

Source: Fix corporates first to lift credit flow, says Viral Acharya

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3 years of Modi rule: FDI inflows jump to $60 billion in 2016-17 from $36 billion in 2013-14

The inflow of FDI to India has jumped to $60.08 billion in the last three years of Narendra Modi government at the Centre

Source: 3 years of Modi rule: FDI inflows jump to $60 billion in 2016-17 from $36 billion in 2013-14

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