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Showing posts from December, 2015

High Level Sitting Arrangement

Directions--(Q. 1-5) Study the information carefully and answer the given question. A, B, C, D, E, F, G and H are sitting around a circular area of equal distances between each other, but not necessarily in the same order. Some of the people are facing the centre while some face outside.  D sits third to the right of B, E sits second to the left of B. Immediate neighbours of B face the same direction.C sits second to the left of E. E faces the centre. F sits third to the right of C. G sits second to the left of H. H is not an immediate neighbour of B. G faces the same direction as D,a immediate neighbours of E face opposite directions. Immediate neigh-hours of F face opposite directions. Stipulated Time - 6 Minutes

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

Masala Bonds - New way of raising money

What are bonds? Bonds are instruments of debt - typically used by corporates to raise money from investors. Difficulties giving birth to Masala Bonds? Previously Indian companies had to rely on external commercial borrowings or ECBs to raise money from overseas investors. The challenge with ECBs is the entity raising money is faced with a currency risk - they have to be raised and repaid in dollar terms. So if till the time of repayment the conversion value of Rupee to Dollar down further then the Indian company has to larger Rupee to repay the pre determined Dollar value.