[Economy] QFI (Qualified Foreign Investor) vs FII, Need, Implication, Currency Depreciation, Demat Account and more (Story of Forex continues)

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The Technically incorrect Story of Forex continues with new topics : FII, QFI (Qualified Foreign Investors), Demat, PAN card and more What is FII, Why did Rupee weaken against Dollar. Why did QFI come? Story of Foreign Institutional Investor (FII) Serious Note on FII QFI: Qualified Foreign Investor Demat account? What is Depository? What is Depository Participants (DP)? Trading account … Read More

[Aptitude] PnC: How many Ways to arrange letters of word "RECUPERATE" (Permutation without Formulas)

When you form words using alphabets (or letters), the ‘order’ matters. Three alphabets T,A,C Now you form words: CAT is not same as ACT; both words have different meanings hence order matters. This is a permuation problem. Case 1: All letters are different Case 2: Word contains repeating alphabets Case 3: More than one letter reappears in Word Case 4: … Read More

[Aptitude] Probability Made Easy (Extension of Permutation Combination Concept!)

Introduction Case1 : Probability of Particular Actor getting selected Case 2: Probability of One lady getting selected Case 3: One man and one woman (“AND” case) Case 4: “Atleast” one man is selected (“OR” case) Alternative method: 1 Minus Case 5: Probability of Not getting selected Mock Questions for CSAT, CMAT, IBPS, State PSC Dice probability Bags and Balls: WITHOUT … Read More

[Aptitude] Trains, Platforms TSD (Time,Speed,Distance) made easy

Main-Topic: Time, Speed Distance (TSD) Subtopic: Trains and Platforms. you’ll be given some data and asked to find the length of railway platform or speed of train etc. Visualizing the Concept: Train and Pen Case 1: One Train One Man (or Tree, Pole) Case 2: One Train One Platform (or bridge, tunnel) Case 3: Two Trains Unit Conversions Previous Articles … Read More

[Aptitude] PnC: arrange such that two people Always sitting together?

Q. How many ways can four children be made to stand in a line such that two of them A and B are always together? (-asked in UPSC Prelims 2010) Confused? You won’t be, after reading this. DONOT Proceed further, without reading The First article on basic concept of Permutation and Combination Always Sit together Never Sit together Demo Questions: … Read More

[Aptitude] Permutation Combination made easy without Formulas

If the following questions make you uncomfortable, then read this article. In how many ways can 5 member committee be formed out of 20 students? Or How many ways can the word “UPSC” be arranged so that “U” is always second from left. In a party of 20 guest, if every member shakes hands with other, how many total handshakes … Read More

[Economy Q] Basel III Norms: Tier 1 and Tier 2 Capital meaning use

What are BASEL Capital adequacy requirements? How do they safeguard against international banking crisis? What are tier-1 & tier-2 capital requirements? Read More...

[Strategy] 100 Days to go before CSAT, Where are you?

this is an old article: new article with more details= given on separate page, click me Preparation Status:Reality Check The 100 Days Strategy Plausible Strategy Quantifiable Strategy REACHING THE PRIME THE FLOODS of readymade Material THE CLAIMS AND ADVERTISEMENTS REAL NIGHTMARE: Not YET To those who’ve never cleared prelims before, This post is not to scare you but to shake … Read More

[Q] IJPA journals from IIPA are unnecessary for Public Administration (mains)

In Government library, I've seen multiple volumes of IIPA journals, mostly just 'case-study' with numbers, Management theory, and academic stuff Read More...

[Economy Q] SENSEX calculation

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Before venturing into SENSEX calculation, lets refresh basic concepts of Index calculation, that we saw in WPI calculation Suppose Price of a Lifebouy soap was Rs.10 in 2001. And now it has increased to Rs.12 per bar. We take 2001 as our base year. We take Rs. 10 as our base price. Then our index for 2001, = Price of … Read More

[Analysis] Essay topic trends in last 19 years (1993-2011) for UPSC civil service IAS exam

Trouble viewing the charts and tables?  Download the pdf file by clicking me I’m classifying all the essays asked in last 19 years, into 8 broad topics.Topic [bracket shows # of questions asked so far] 1.    Economy (India vs Bharat theme) [12]2.    Education [11]3.    Culture [18]4.    International issues [13]5.    Philosophy [15]6.    Polity & Administration [27]7.    Technology [6]8.    Women empowerment [10] … Read More

[Economy] A story of Forex, currency conversion, rupee depreciation, inflation, subsidies etc.

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Again in the fond memories of Dev Anand. I’m writing this story so that the newcomers can get some idea about Forex, currency conversion, rupee depreciation, inflation, subsidies etc. (caution : full of technically not-so-correct examples, just to give you a broad idea of what ails Indian economy) Ok here it goes….. Investor: Faith won and lost Enter an American … Read More