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Are you ready for the IBPS Clerk Mains Exam?

For the year 2015, the time has arrived to ask yourself "How much are you ready for the IBPS Clerk Mains Exam?" One of the most awaited exams for Banking Sector is IBPS Clerk organised by Institute of Banking Personnel Selection (IBPS) every year. All thanks to the reasonably large number of vacancies, minimum eligibility criteria of graduation and the galore of benefits offered by the banks, “Bank Clerk” is now one of the most sought-after career paths for Indian youth. But the introduction of Two Tier Exam pattern in IBPS Clerk has made it way more difficult than it was last year to clear the exam. The same examination pattern in IBPS PO this year has left many candidates heartbroken because of their negligence in some or the other point which needs to be focused on. So, the candidates who have successfully cleared the Preliminary Exam of IBPS Clerk need to have a clear vision and strong determination towards their goal if they really aspire to crack IBPS Clerk M...

RBI UPDATE - "ECB Norms Relaxed" !!!

In Continuation of our's last article about "MASALA BONDS" we are here presenting you the latest update regarding ECB (the term you must have noticed in our last article)...happy reading!!! Indian companies are allowed to access funds from abroad in the various methods and ECB is one of them External Commercial Borrowings (ECB)  ECBs refer to commercial loans in the form of bank loans, securitized instruments (e.g. floating rate notes and fixed rate bonds, non-convertible, optionally convertible or partially convertible preference shares), buyers’ credit, suppliers’ credit availed of from non-resident lenders with a minimum average maturity of 3 years. Other Methods Are Foreign Currency Convertible Bonds (FCCBs) FCCBs mean a bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which are payable in foreign currency. Preference shares Preferences Shares (i.e. non-convertible, optionally convertible or...

SAD DEMISE OF THE MISSILE MAN OF INDIA

Hello Friends, We are writing this because we have lost one of the greatest intellectual personality who has devoted his life for the country. Yes, you heard it right friends, we have lost "The Missile Man" . Today he was reported to have a heart attack during the lecture at IIM Shilong. This is sad because he was not only the Former President, but was also the brain behind the most successful defence research that India is having today. There was a core reason for him to be called the missile man. We don't know whether it means anything or not, but two days ago, there was an incident in Jharkhand when a minister put a garland on his photo. This might not have to do anything with this but still, our politician should be well aware of it.

FDI in B2C E-COMMERCE

The Modi government held its first round of consultations on the issue of allowing Foreign Direct Investment (FDI) in e-commerce with stakeholders today. Participants included representatives from e-tail majors like Flipkart and Snapdeal, smaller etailers and industry associations. At a recent meeting with e-commerce company heads (both domestic and foreign players) Commerce Minister Nirmala Sitharaman discussed the degree and the kind of FDI that can be opened up in the B2C retail space. Currently, 100 percent FDI is allowed only in the business to business (B2B) space.  Two factors may be pushing the government towards FDI.  The Make-in-India push of PM Modi could be a consideration in any government decision on allowing FDI in B2C e-commerce &  Also the government also wants to prevent Indian markets from being "flooded with imported goods".  At present, India allows 100 percent FDI in business-to-business or B2B e-commerce, but not in B2C comp...

SSC CGL knocking - Start Right Now !

Dear Readers as you know SSC has confirmed that CGL will be conducted in the month of August this year. It is only 4+ months left in the Judgement hour and most of us are off guard by the fact that it can be a grim situation if you don't start today and can be a deciding factor for you reaching at the helm if you start from this very instance. We have prepared a write up for you to understand the very famous saying of ' An early bird always catches the worm', Hope you like and implement this in the journey ahead. Not “tomorrow”, not “next week,” and definitely not “next year”. The best time to start studying and building your career is “right now”!   Laziness is a curse. Some Candidates shirk work due to their laziness. Such a Candidates says to himself, “I should start my study from tomorrow because it is too late today or I am a bit tired today”. But tomorrow, he says again that he will start from the next day. Days are passed in such way but his tomorrow does...

Topic 2- Sustainable Development

What is Sustainable Development ? "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs." Sustainable Development stands for meeting the needs of present generations without jeopardizing the ability of futures generations to meet their own needs – in other words, a better quality of life for everyone, now and for generations to come. It offers a vision of progress that integrates immediate and longer-term objectives, local and global action, and regards social, economic and environmental issues as inseparable and interdependent components of human progress. Sustainable development will not be brought about by policies only: it must be taken up by society at large as a principle guiding the many choices each citizen makes every day, as well as the big political and economic decisions that have. This requires profound changes in thinking, in economic and social structures and in consumption a...

Topic 1: Food and Nutrition Security in India: A Backdrop

With a population approaching almost 1.2 billion in 2010, India is likely to be the most populous country on this planet by 2030 with 1.6 billion people. It currently accounts for more than 17% of the global population and 456 million poor , or 41.6% living on less than $1.25 a day (Chen and Ravallion 2008). Ensuring food and nutrition security is thus a challenge for India. Food security concerns can be traced back to the experience of the Bengal Famine in 1943 during British colonial rule. With the launching of major reforms in 1991, although liberalization was already under way since the 1980s, India has grown out of a period of acute shortages and heavy dependence on food aid to self-sufficiency, or broadly, self-reliance in food. The agriculture sector in India has had quite a revolutionary past with the Green Revolution in the late 1960s and 1970s, White Revolution (Operation Flood) in the 1970s and 1980s, and efforts to usher in a second Green Revolution to re-...