- 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
NABARD gk question-
36 – name of host country for 2016 plympics
37- name of new chairperson of women commission
38- committee name for payment bank application
NABARD gk question-
36 – name of host country for 2016 olympics
37- name of new chairperson of women commission
38- committee name for payment bank application
sir nabard 2nd phase exam ke liye english and economics ke liye books bta dijiye .
thanks in advance
Hi Ritesh.. How many you attempted yesterday??? Are you sure of clearing Phase I???
bhai according to sidbi prelims.general cutoff was 113 or 114.and in second phase sidbi conducted interview.
here what others are saying is that paper was difficult than sidbi and also there is phase 2 so ratio will be high.and this way cutoff might lie between 95-105 maximum.
and this way i’m sure of getting it.
Ohh Ok!!! I thought the paper was moderate.. I attempted 130+.. Hoping for the Best.. Good Luck Bro!!!
yes paper was moderate.but compared to sidbi it was little bit tough.thats why.
waise who knows kya hone wala hai.
all the best to you too brother.
Cut off will be surely more than 120+. paper was so easy. I attempted 168 questions.Maths 37 and reasoning 36. All are correct(I have cleard all PO exams so i have the idea). doubts only on gk. Everyone attempted more than 130.
Can anyone tell me how to save powrpoint lectures in mobile
Mrunal sir good morning can u tell from wer i can get hardcopy of economic survey
sir, your ppt lectures are not getting downloaded . i have windows 8 kindly help me out.
sir, what is monetisation of gold?
referred in this year’s budget
The Finance Minister has proposed to introduce Gold Monetisation Scheme, which will replace both the present Gold Deposit and Gold metal Loan Schemes.
1.The new scheme will allow the depositors of gold to earn interest in their metal accounts and the jewellers to obtain loans in their metal account.
2. Banks/ other dealers would also be able to monetize this gold.
Your new look amazing.
Plus, the jacket which you are wearing is uber cool
where can I purchase the printed copy of economic survey online. Pls tell me site if anybody has located.
They are available free
http://indiabudget.nic.in/es2014-15/echapter-vol1.pdf
http://indiabudget.nic.in/es2014-15/echapter-vol2.pdf
http://indiabudget.nic.in/survey.asp
Flipkart
Hi satyajit can u help me for non verbal reasoning i have rs aggarwal book . But i did not get. Any solution
Actually RS AGARWAL BOOK IS USE FOR PRACTICE THE BOOK ARE NOT EXPLAINED CONCEPT CLEARLY USE ANY OTHER BOOK WHICH GIVE CONCEPT CLEAR AND PRACTICE IS MORE IMPORTANT IN TIME LIMIT
hi satyajit, flipkart only have economic survey 2013-14 copy, not 14-15.
ye lo Bhai..
http://pib.nic.in/budget2015/default.aspx#
I am new in this field. But yeah I have downloaded budget speech & ES from a site. 2 volumes…you try that… But I m not sure as I have not go through it yet… I will read it after mrunal ji’s lecture…
Indiabudget.nic.in
You’ll get both
Dear sir!!
Will u be giving science &tech and History lectures further ??
Dear Sir,
when will you start classes for Economic survey and budget?
Sir, posting video lecture is good for aspirants. Pls post written content also. So that it helps in compiling notes.
Iam little confused about the central sponsored schemes de-linking. As i understood, only 8 are being delinking from centre(means states haveto bare the expenditure) and other 24 schemes to be totally out.Is it right? I actually dint understand of central sharing scheme.Can anyone briefly explain it? plz.
sir plzz phase 2 ke liye kuch btaiye.
I am finding difficult to download your power point files
If anyone is free please clear my doubt-what was the need of the pact signed between RBI and government which binds RBI to target inflation when RBI was already targeting it. Is it some sort of indifference between the two? Even if RBI is autonomous ,government can give directions. It sets to the scene where UPSC (autonomous) signs agreement with government binding itself from asking trivial GK questions……
myself got some clue from the link >
http://www.financialexpress.com/article/economy/narendra-modi-govt-rbi-heading-for-potential-clash-over-who-decides-rates/51035/
Mrunal Sir,
it’s a request to u if u can afford a Mrunal Forum on website , it will much better for doubt clearing
Mrunal sir, Have you stopped publishing current articles if so please intimate because I follow only your website for current topics (not making any notes ) and PIN… please do intimate whether you will publish the current articles later or you won’t so that i can plan accordingly….
Sir, your notes and lecture are one of a kind and its my humble request to you to kindly present an article on budget 2015-16 in simple terms
I am hugely indebted to your eco lectures as I am weakest in this section. The way you explain everything is simply amazing. Love your work and your “Dharam-daan” :P ……Thanks a lot sir. GBU
Thank you very much sir for these economic and geography and other matterials put on your site which helps a lot a lot for students like me.sir you do not how you are respected amoung the upsc aspirants all over India for your selfless services thanks have nice time
thanks for the Amazing post
When wil the result of CSE-M come
Sir please provide pdf material of your lecture
Sir help me plz non verbal reasoning ke lecture upload kar dijye. M very weak in this section. Nd i cant afford coaching. I do lot of practice but i did not get the point. I have rs aggarwal but still facing problem.
swamI VIVEKANAND,” ALL POWER IS WITHIN YOU . YOU CAN DO ANYTHING AND EVERY THING . BELIEVE IN THAT.”
pradeep edgkar thorpe ka 3rd edition lelo 2nd hand ya bsc ka non verbal
Mrunal Sir,
Please do make an article on Economic Survey or Budget or atleast please list down the pages/chapters to study from Economic Survey.
Mrunal sir,
Waiting for your articles on Economic survey and Union budget. Your lectures on youtube were excellent. Thank you sir.
Happy Holi mrunal g n Happy Holi to everybody.
sir as everyone knows that 2015 budget had released my request to u is plz explain the budget n survey as an article nt like a lecture please i humbly beseech u sir plz it vl be highly beneficial fr most of the aspirants as v r already impressive sir
what is ex ante and ex post ? can anyone plz explain in asaan words mein ??