Part I General Background Information: Fill & Download for Free

I have cleared RBI Grade B officer 2016 exam in my first attempt. This is the strategy I broadly followed.Initial period of preparation was hard as I had nobody to guide me but used information available on internet and things started looking clearer. After lots of struggle in managing job, study etc. it paid off in the end and I got selected as a Manager in the Reserve Bank of India with highest marks (got AIR 2 because marks being equal but age lesser than AIR 1).The examination consists of 3 Phases.Phase 1 -This is the phase which highest number of candidates fail to clear. To clear this phase what you need is time management and practice. This Paper is for 200 marks with 4 sections. General awareness and Verbal reasoning have more weightage with 80 and 60 marks respectively. English and Quantitative Aptitude have weightage of 30 marks each. To score maximum marks I focused on my strengths which are GA & English and worked on my weaknesses which are VR & QA. Below are the sources of my preparation.General Awareness - Used to read The Hindu (for preparation), Business Standard (out of interest). Glanced through current affair capsules available online.English - Did not prepare specifically. The Hindu helped as well.Verbal Reasoning - Reasoning lessons from various sources on internet. (Went through videos on YouTube for the topics I found hard). Appearing for online mock tests benefited a lot.Quantitative Aptitude - Started with http://mrunal.org/aptitude. Used YouTube and other websites to practice where I was lagging.I did not stick with a single source for preparation and used internet to work on weak areas. Online mock tests proved extremely useful to me. I attempted 20 mock tests in total for Phase 1. To take full advantage of mock tests I analyzed my mistakes and worked on it. Mock Tests also helps in learning to manage time in the exam.Phase-2Economic & Social Issues -Being an engineer and with non-economics & non-finance background I started my preparation with NCERTs of 11th and 12th standard. After that I read Indian Economy by Ramesh Singh and watched Mrunal Patel’s Videos on Economics for Civil Services.Other most important sources for this paper are Economic Survey of India and Budget of the respective year. I read Economic Survey cover-to-cover, it helped in gaining a perspective of economic situation of our country. Do not rely on any ready made summaries. This covers static part. I did not refer to any current affair magazine but used RBI website for reading speeches, bulletin, annual report etc. to be in touch of latest happenings.For Social Issues part I read NCERT social science book [free download] and read topic wise from internet. This does not need heavy reading.Finance & Management -This paper is where we non-economics candidates face most problems. I allotted more time for preparation of this after Phase 1 was over and it paid off handsomely.For theoretical part of Finance, I used the book on Indian Financial system Prof. Bharati V. Pathak (Pearson Publication).Numerical asked in the exam caused a lot of pain to most of the candidates. I used only internet to prepare for numerical part. I knew basics of Balance Sheets etc due to my interest in stock market. For other things I used websites to learn on how to find Internal rate of return, Bond Yield, Coupon rate etc.For management part I used various website by searching for each topic of management. Though it is mentioned in the notification from RBI that only basic questions will be asked from Management but I would say prepare in detail as paper did not have direct questions.English -Please note that this paper is to check your writing skills and not just your knowledge. This year 3 questions were asked 1 essay (40 marks), 1 precis writing (30 marks), 1 reading comprehension (30 marks). Reading comprehension did not have direct questions which can be answered directly from the given paragraph but they were easy. I did not prepare anything specifically for this paper. What I did was that before a day of exam I went through tips to write a good essay, a good precis writing.Phase 3 (Interview) -This is the most exciting part of the examination. It is normal to be nervous but try to enjoy this phase as you would be sitting along with people who has excelled in their field and who are highly respected. I went through basics before the date of my interview and did not read too much, it helped in keeping myself away from undue pressure.Be relaxed and try to control your interview flow. Do not hesitate in admitting if you do not know the answer. The panel which interviewed this year was extremely cordial and did not try to put interviewee in stressful situation.I planned my interview in my mind beforehand and it went in the flow as I expected. It was more of a discussion than question-answer.Except for standard sources like Budget, Economic Survey it is not important which sources you are referring to but make sure you are comfortable with it and do not try to collect multiple sources and create pressure on yourself to read all of them.You may want to refer to [RBI Officers Grade "B" Exam] All India Topper Rank #2: Shivang Bhanvadia shares strategy, booklist, marksheet & cutoff - Mrunal.

No.I was thoroughly unsatisfied with the lack of any backstory for any of episode VII. While I do think it was the best Star Wars movie in many ways, it was the only one so far that lacked any background information.In Star Wars IV you had Grand Moff Tarkin and a dozen Imperial Admirals and Generals discussing how they will do away with the Galactic Senate and use the Death Star to instill fear.In Star Wars V you had Rebels on Hoth, as well as Imperials, talking about the Shield Generator. Darth Vader hired a dozen bounty hunters to track down Han Solo and Luke Skywalker, it was pretty obvious what was going on.In Star VI you had the Rebel briefing on the Home One headed by Admiral Ackbar.In Star Wars I it was obvious that Qui-Gon and Obi-Wan were diplomats, and the Naboo government talked about how the Trade Federation wanted to blockade Naboo to force a settlement, and that this was over taxation laws.In Star Wars II and III there were Senate meetings, as well Jedi Council meetings that explained everything.Many more casual fans got bored by all of this information, and didn't pay attention and then thought a lot of it was plot-holes. There were plot-holes of course, but the Trade Federation blockading Naboo to force them to sign a treaty where they agree to not abide by the Senate's new taxation law was not one of them.Episode VII went in a completely different direction. There was no background information other than the text in the beginning. There was no dark meeting where the bad guys discussed the political situation of the galaxy. We just basically... are left to deduce that the Republic had been restored partly, and that Imperial elements formed the First Order, and there is a resistance movement against the First Order funded by the Republic.When the First Order destroyed those 5 planets in the Hosnian system.. was that the entire Republic? If not, why was there not a counterstrike? Why wasn't Coruscant seemingly where the republic was seated?They did not even name the planets that were destroyed, and the Resistance didn't even name the planets that were destroyed.They seem to be in a different part of the galaxy than in IV-VI and I-III because not a single planet from IV-VI was shown. It seems on Wookiepedia they call the place the First Order exists as "Unknown Space".Having two more movies with this many unknowns would drive me crazy. Perhaps the amount of politics in I-III was too much, but they really need to strike a balance to make the universe more expansive.

Let me try to answer the first two parts of your question in layman's termHow did this scenario came up: Government collects taxes from its citizens which you can think of as Government's income. The Government then spends this money on various government welfare activities such as pension schemes, healthcare, government worker salaries etc. When the government spends more amount of money than the amount it collects through taxes then they manage this extra amount of spending by borrowing money through various financial institutions, for e.g. in case of Greece government from European Central bank (ECB) and International monetary fund (IMF) , as loan which is called debt.Now over the past several years Greece government has accumulated more and more loans (debts) each year that it is almost impossible for them to repay their loans (debt) which are currently due or due in next few months. Now in such previous instances over the last few years they received bail out packages from creditors to repay their immediately due loans. They received bailout package from creditors which are mainly stronger economies of Europe Union, such as Germany and England. However, in return these stronger economies of European Union demand checks and reforms (austerity) in place for Greek economy so that Greece government reduce its spending and thereby bring situation under control. On the other hand, the new Greek government claims that other European countries are putting to much pressure on their austerity measures and it will not help to revive their economy. This disagreement on the level of austerity measures to be adopted for Greek economy between the new Greek government and other European countries has led to series of negotiation meeting with little outcome so far.Future possibilities and impact: If European Union does not bailout Greek government this time again they are almost surely not be able to repay their loans which are due in next few days and months (called default on loan). Thus Greek banks will no longer receive liquidity (money) from ECB. There is also a possibility that Greece may need to detach itself from Eurozone and the Euro currency and re-establish its old currency drachma. It will be bad if it happens as it will have negative economic and political effect on Greece, European Union and the world (though I am not sure how much direct and indirect effect it will have on countries outside European Union).If European Union does agree to bailout Greece government this time then short term immediate problem of default on their loan and possible exit from Eurozone will be resolved but in the long term it is quite uncertain that how will Greece be able to repay all their debts over long term if their economy doesn't improve.Let me know if it explains the situation in layman's perspective.Also if you want to get general background information on Greece debt crisis through videos then you may refer to this article on Vidency