--->Why the One Rank One Pension scheme is so terribly important for the Indian

military?

OROP is important because there is a huge pension difference in military personnel

who retired in the past as compared to person retiring at present so there is lot
of ambiguity in the pension system. And also military men retires prematurely
because there service span is less so it is extremely important for govt to take
care them and their families as well.

---->why bank focus more on saving and current deposit..not on fixed deposits..

Bank focus on CASA because there is less interest paid on CASA as compared to RD
and FD so gud for Bank's profitability

yaa bank focus more on CASA..beacause its is related to cost of funds

Cost of funds can be reduced if banks have more current a/c and saving a/c
depositsbecause �

1. In Current a/c banks are not required to pay any interest and

2. In Saving a/c the interest rate is very less around 4%.

But if banks have more fixed deposits, the cost of funds will be more. That�s why
in the banking system banks requires more current a/c and saving a/c deposits, but
the problem here is CASA deposits can be withdrawn at any point of time, they are
unstable deposits, today he may deposit 10 crores , tomorrow he may withdraw all
the 10 crores, that�s why they are volatile deposits.

DO u favour mr. narendra modi foriegn trips?

if yes, then how it would help india

It will help in terms of attracting Foreign investment in INDIA because at present

our country needs foreign capital to be invested in all sectors of our economy and
this will be used to develop India and will also lead to Job creation.
yes i favour NaMo's foreign vists..
it can help india from 2 point of view-
(i) diplomatic- it helps in establishing stronger ties wid foreign countries which
is very useful. If india wants 2 be a global leader it will hav to keep good
foreign relations, it can also help in getting permanent membership in united
nations security council, it can also help in pressuring our disturbing neighbours
like pakistan & china through diplomatic channel if we hav good support from world
countries.
(ii) business point of view- many hav already said abt dis.. increased fdi..
revenue.. employment etc..

sir, if ever a drunkard comes to the bank i will seek some senior manager's advice.
even if no senior is present at that time i will politely tell the person about the
bank's rules and discipline and ask him to go home and visit the bank next day.
what is ur opinion about Govt intervention in RBI ?

I think Govt should not intervene in matters of RBI because RBI is autonomous body
and with frequent govt intervention.....whole institution will loose its
credibility.

how will u define poverty?

poverty is a state i which people are nt able to fulfill even their basic amenities
like food , housing, clothing, education...
and as per economist
mr. rangarajan says that family who spend 33, and 47 rupee in rural and urban area
is above poverty.

Define SDR.
special drawing rights are supplementary foreign exchange reserve assets defined
and maintained by IMF. It is not a currency, SDRs are instead a claim to currency
held by IMF member countries by which they may be exchanged. They can be exchanged
for us dollar, euro, pound, yen.

will you leave your current job if you get a better job ????

sir i am here to make my career in banking sector ... so dere is no point of

leaving dis job. because as a P.O i can explore myself to the fullest and can
prosper in this industry...

Define digital india initiative?

it is a very gud initiative .. it is the brain child of our honorable PM.. in this
era of digitalization, time consumed in getting services & its transparency is the
most important thing dat is required . digital india if implemented can serve dis
very purpose beautifully...

Explain money market

money market is a market in which many financial instruments of high liquidity are
traded but with short maturities generally less than 1 yr..

wre u want to see urself after 5 years????????

After 5 years I see myself as a motivator and inspiration to my fellow team
members, I really want to be at a respectable position in the organization where I
can utilize my experience and contribute towards its growth.

wat is brain drain.. tell its positive as well as negative aspect for India...??

Brain Drain- the migration of intellectuals in search of better facilities like

job, education etc..
negative point to aap ab jante ho..
positive point-
a large portion of indian population lives in foreign countries doing jobs dere or
doing dere business dere.. but dere families live in India and dey send dere money
to dere families.. dis helps in increasing the foreign exchange reserve of our
country...
in fact dis is d one of the most important source of indian forex reserve..

GST (GOODS AND SERVICES TAX) WHY LEFT PARTIES OPPOSE ??

They hv raised several issues. They want-

1.There should be a cap of 18% be mentioned in the text of bill..so govt will not
able to raise tax rate beyond 18% percent.
2. Tax on Alcohol and petroleum should come under the ambit of GST.
3. The 1% interstate tax which has been proposed in GST, bill should be abolished.

Recently we saw most of the PSUs are undergoing disinvestment process.So what are
your views on this it is good or bad for economy.Justify?

it can help in 2 way:-

(i) it will make govt. to raise capital by disinvestment which can help in
maintaining budget deficit...
(ii) as the govt.;s stake will be less, the organisations will have more autonomy
in deciding their policies which will b fruitful from the business point of view
for them

If we see the disinvestment scenario of indian psu, we find that most of the stakes
are being bought by LIC or other finacial institution which are controlled by govt
of india. So still after dissinvestment , govt is controlling the PSUs in indirect
way. So, i think it wont impact our economy in any major way.

What is fiscal deficit?

Difference between Govt's expenditure and revenues is called Fiscal deficit. High
fiscal deficit means Govt is borrowing more to meet its expenditures.

countries devalution depends on which factors ??

less production ...
devaluation can only be possible if any country have fixed system ..like china
..but in india we follow market based rates we cant change our currency value becoz
its based on market conditions ..

what is financial inclusion...? & wat is its necessity ??

To provide Financial services at affordable cost to every Individual is Financial

Inclusion.
It is important for country's economic growth and a bank account is a first step to
include a person in the financial mainstream and Govt can directly give services in
account only like DBT and insurance schemes also.

difference between MSS nd OMO??

market stabilisation scheme was started to control liquidity overhang caused by
inflow of dollars

what s banking?

Banking is accepting deposits from the person who has access of funds and providing
loans to those who need it and thereby earning profit.
moreover it also includes payment and settlement and financial services like
Bancassurance and Mutual Funds.
What do you know about gold monetisation scheme?
It is a scheme by GoI aimed to mobilize large portion of Gold which is lying idle
and to use it for development of the country. According to GOI 20000 tons of Gold
is lying idle in the country.
In this scheme one can deposit gold and can earn interest on that.
Minimum- 30 gms to no limit
period- Short term(1-3 years),Medium(5-7 years)
and long term(12-15 years)