- Prologue
- L6/P1: IMF, SDR, Quota reform & Gold standard Exchange rate
- L6/P2: WTO, Bali Package, Food subsidy issue, TFA
- L6/P3: Money- evolution and functions
- L6/P4: Bitcoins- mechanism, money laundering, RBI’s stand
Prologue
- On 27th February 2015, My lecture at IMF-WTO-Bitcoin at Sardar Patel institute of Public Administration (SPIPA), Ahmedabad.
- Total ~2:30 hours but I’ve split it into four parts and uploaded on youtube.
- PowerPoint of the lecture, available at Mrunal.org/Download
- Medium of instruction- Hindi.
- English version not possible for the moment, because I’m required to teach at this batch, in Hindi/Gujarati only. Besides, same content is available in English-text articles or English PPTs on the site.
L6/P1: IMF, SDR, Quota reform & Gold standard Exchange rate
- Bretton Woods conference and the origin of International monetary fund
- IMF: structure and functions
- What is gold standard exchange rate regime? Why did it fail?
- What are special drawing rights (SDRs)?
- Value of individual SDR and its utility
- Criticism against IMF and the need for need for reforms in it?
- IMF Reforms: (1) Quota reforms (2) governance structure reforms
- BRICS Bank vs AIIB (Self study)
http://youtu.be/Z8hMqiGi1Dw
L6/P2: WTO, Bali Package, Food subsidy issue, TFA
- General Agreement on Tariff and trade (GATT) and the origin of World Trade Organisation (WTO)
- WTO: structure and functions
- difference between tariff and nontariff barriers in international trade
- major agreements under WTO.
- SPS Agreement: Sanitary and phytosanitary measures, ban on Indian Alphonso and American poultry
- Three types of subsidies: green box, Amber box and blue box- and provisions of WTO on them.
- Agreement on agriculture –food subsidies quota on developed and developing countries.
- WTO Bali summit and its 3 major outcomes
- Peace clause: origin, purpose and features
- Trade facilitation agreement (TFA)- origin, purpose, features, why did India refused to sign it initially?
- Shanta Kumar FCI-PDS reform Angle to food subsidies
http://youtu.be/Hvbo3QjAooE
L6/P3: Money- evolution and functions
- Barter system: features, pros and cons
- Money: primary functions and derivative functions
- Divisibility versus fungibility
- Evolution of money- the five stages
- commodity money: features, pros and cons
- metallic money- features, pros and cons
- Debasement of metallic money and fall of Mughal empire
- Paper money- two types: Gold standard versus paper standard
- Indian rupee- paper standard system: coins vs currency- RBI vs Government- who prints what?
- Fiat money: meaning, examples and limitations
- Bank money- meaning, examples, benefits
http://youtu.be/ayFE8e4kRHg
L6/P4: Bitcoins- mechanism, money laundering, RBI’s stand
- Need for a “decentralized” digital currency
- Satoshi Nakomoto and the origin of bitcoin
- How does Bitcoin system can operate?
- mining of bitcoins, hashrate, computer technology
- Bitcoin E-wallet or Digital wallet transactions- why and how are they anonymous?
- Compare and contrast: RTGS-NEFT-Bitcoins
- how can Bitcoin be used in money laundering, terrorism and drug trafficking
- Casestudy: Silkroad website & illegal trade of coccain using bitcoin currency
- Bitcoin vs Dollar: historic fluctuations in exchange rate
- officers stand of People’s Bank of China and reserve bank of India (RBI) on bitcoins
- How does Bitcoin violate FEMA and Prevention of money laundering act?
- US’s official stand on bitcoins and capital transaction tax on them.
- Misc. developments: Laxmicoin and fall of Mt.Gox bitcoin exchange website
- possible questions for interviews from this topic.
http://youtu.be/srbivXKX-vY
![[Summary] Budget & Economic Survey 2018 Gist for the UPSC IAS/IPS Interviews](https://mrunal.org/wp-content/uploads/2018/02/c-bes18-basanti-500x383.jpg)
![[BES171] Banking-Classification: Wholesale Banks, Cooperative Banks, DFI AIFI, MUDRA Bank, Islamic Bank, NBFCs & Indigenous Moneylenders](https://mrunal.org/wp-content/uploads/2017/05/c-bes171-evo-2-500x383.gif)
![[BES171] Banking-Classification: RBI Structure Functions, Nationalization, Scheduled Banks, Merger of SBI Associate Banks & BMB, Private Banks, SFB & Payment Banks](https://mrunal.org/wp-content/uploads/2017/02/c-bes171-cover-500x383.gif)
What is your Message? Search before asking questions & confine discussions to exams related matter only.
Ab shabdh bhi kam pad rahe hai aapka shukriya ada karane ke liye tusi great ho
itni creativity laate kahan se ho sir? MINDBLOWING, MINDBLASTING WORK……
Thanks a lot for ur efforts.
THANK U SIR .
THANK U SIR……
w8n 4 economic survey analysis & budget summary articles sir..
Thank you. Every bit of economy that I know , I owe it to you :)
thanx……..:)
economic survey wait
instead of these lectures
simply the explatined articles are easy to read and understand…
just bullet points are “ok”
why need complete lecture ?
just need articles sir….
Gurudev once you used to advise the volunteers who wished to post blogs on your website that the content should be easily accessible by GARIB 2G JUNTA also.
But now why such extreme shift in your welfare doctrine? Almost all your lectures are being posted as video lectures!!!
dude maximum lectures are of size 30 Mb. And they can be easily downloaded at 2G speed also. In fact I have downloaded 13 of them with 2G speed.
Waiting for Budget and Economic Survey analysis Mrunal!
Mrunal n Rajatnil many competitive exam aspirants, including me are blessed and taught by you… Dhanyavaad is a chota word… but… have no other word to express the gratitude…. Thanks a ton:)
english version sir
thanku very much sir,,,,,,,,,,,great work
Sir
thanks a lot to your work for us(aspirants)
present theory explanation if possible
waiting for history
hats off…….thanks from the bottom of our hearts sir. keep going.
Sir, I don’t see L6/P3 ppt on the download link. It has only upto L3/P5. Please help sir.
Thanku gurudev ….
Is bar pic m asli hero Ki pic Dali h mrunal g aapne..khud Ki..
mrunal sir plz published economic survey nd budget in pdf not audio video . This will be a great help for us
Go to the PIB.NIC.IN you’ll get it in pdf
Mrunal sir please non verbal reasoning par lecture dijye na. Non verbal ke sabhi topics par notes dijye. Kya koi help karega meri please.
These videos are not opening on phn anyone can help me out of dis
Ur from Maharashtra ?
Yes I m from Maharashtra
Waiting for economic survey and budget.
Ton of thanks for video lectures
Mrunal boss, i wanted to ask u 1 ques which’s coming in the mind of every CSE aspirant, which economic survey should 1 focus upon? either of 2014-15 or 2015-16?
NABARD (assistant manager) exam held on morning 1 march
– (GA questions)
1. UNICEF headquarter
2. samsung belongs to which country
3. total request for payment bank
4. Vistara tagline
5. Miss universe, which country ?
6. first lady officer to lead the Inter-Service Guard of Honour
7. Expenditure Management Commission headed by
8. Pravasi Bhartiya Diwas hosted by
9. 500-notes dead line
10. Who will sign new notes
11. CAFRAL headed by
12. Minimum capital required for small bank
13. Highest growing state – Madhya Pradesh
14. Cashless debit card facility by ?
15. First post office ATM
16. Who launched digital india project in gujarat akodara village
17. NITI headed by ?
18. 7th Pay Commission chairman
19. Who refused medal in asian games
20. SWIFT started in – Brussels
21. Name of scheme for direct benefit transfer – PAHAL
22. Costliest IPL player
23. No. of Credit info companies in India
24. Per capita milk production highest in which state?
25. RBI External Advisory Committee
26. Grammy award
27. Countries organizing 2015 world cup
28. Foreign secretary
29. Rate at which banks borrow money from RBI
30. Baba Ram dev ambassador
31. Biggest stock exchange
32. Remittance limit
33. Basel 3 norm
34. First humanoid robot staffed hotel in which country ?
35. Name of bank account for beti bachao beti padhao
sir plz explain the difference between the new and old growth rate
Mrunal Ji,
FOR PRELIMINARY EXAMINATION THERE ARE SOME COACHING CENTERS ARE CONDUCTING MOCKTESTS WHICH START FROM 15TH OF MARCH.HOWEVER AS PER MY TIMETABLE MY PREPARATION WILL GET COMPLETED ON 20TH APRIL.I THOUGHT TO WRITE THOSE PRACTICE TESTS FROM THE MONTH OF MAY.WILL IT BE OKAY OR SHOULD I JOIN THEM NOW ITSELF. IAM AFRAID THAT IF I GIVE NOW I MAY NOT GIVE MY BEST.
what is rdr
Sir plz upload material on 14th finance commission recomendation
Related to RBI grade b
Do com,CA,MBA students have any edge?
Only experienced candidate are preferred?