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Jagranjosh Exam Prep: Government, MBA, Engineering, CBSE Notes are very useful for non technical exams.India received highest remittances of USD 69 billion in 2017: World BankApr 24, 2018The top remittance recipients were India with USD 69 billion, followed by China at second (USD 64 billion), the Philippines at 3rd (USD 33 billion), Mexico at 4th (USD 31 billion), Nigeria at 5th (USD 22 billion) and Egypt at 6th (USD 20 billion).President promulgates Fugitive Economic Offenders OrdinanceApr 23, 2018President Ram Nath Kovind has promulgated the Fugitive Economic Offenders Ordinance, which will allow the government to confiscate properties and assets of loan defaulters who flee the nation. The Fugitive Economic Offenders Bill was introduced in the Lok Sabha on March 12, but it could not be taken up for discussion due to disruptions in the house over various issues.55 percent of all new bank accounts in the world opened from India: Global Findex Report 2017Apr 23, 2018Despite having a relatively high account ownership, India claims a large share of the global unbanked population, after China. Over 190 million Indian adults still do not have a bank account.India to set up natural gas trading hubApr 16, 2018The Union Government plans to set up a natural gas trading hub to boost consumption of natural gas in India. The hub would be used for the trade and supply of natural gas through a market-based mechanism instead of multiple formula driven prices.Indian economy has recovered from impact of demonetisation, GST: World Bank ReportApr 16, 2018India’s growth decelerated during the most of 2016. The withdrawal of currency from circulation (demonetisation) in November 2016 and the introduction of the Goods and Services Tax regime added to the slowdown in the economy.RBI directs banks to stop services to businesses dealing in virtual currenciesApr 6, 2018The Reserve Bank of India has directed all the entities regulated by it including banks to stop providing services to businesses dealing in virtual currencies such as bitcoin, in order to protect consumer interest and check money laundering.Panel set up to examine tax evasion risks posed by super richApr 6, 2018The Central Board of Direct Taxes has set up an internal working group to examine the taxation aspects of high net worth individuals (HNWIs). There has been a trend of HNWIs migrating from their country of residence to other jurisdictions, which poses a substantial tax risk, as they may treat themselves as non-residents for taxation purposes.RBI releases First Bi-monthly Monetary Policy Statement 2018-19Apr 5, 2018The retail inflation based on the Consumer Price Index (CPI) fell to 4.44 percent in February 2018 from 5.07 percent in January 2018.Government launches Digital Initiative for Ease of ExportApr 4, 2018Digital initiatives will boost India’s potential for agricultural and food export.Total subscribers under under Atal Pension Yojana crosses 97 lakhApr 3, 2018The subscriber base of Atal Pension Yojana (APY) stood at 97.05 lakh at the end of the 2017-18 fiscal, a tad lower than the target of 1 crore set by the pension regulator PFRDA.E-way Bill System rolled out in IndiaApr 2, 2018The Central helpdesk of GST has made special arrangements with 100 agents to answer queries of taxpayers and transporters related to e-way Bills.Top Cabinet Approvals: 29 March 2018Mar 29, 2018The Union Cabinet approved signing of the Memorandum of Understanding (MoU) between India, United Kingdom and Northern Ireland regarding cooperation and Exchange of Information for the purposes of combating international criminality and tackling serious organised crime.NITI Aayog releases baseline ranking of Aspirational DistrictsMar 29, 2018The NITI Aayog has launched the baseline ranking for 101 aspirational districts based on 49 indicators across several sectors including health and nutrition, education, agriculture and water resources, financial inclusion, skill development and basic infrastructure.SEBI accepts most of recommendations of Uday Kotak Committee on Corporate GovernanceMar 29, 2018One of the major recommendations of the committee was to separate the post of CEO or MD and Chairperson of the listed companies.EPFO launches portal for pensionersMar 28, 2018The Employees' Provident Fund Organisation has launched a new portal for pensioners, through which EPFO pensioners would be able to the details of pension-related information. The portal will assist users with details such as pension payment order number, payment order details, passbook information and other related information.India, Hong Kong sign double taxation avoidance agreementMar 21, 2018India and Hong Kong have signed a double taxation avoidance agreement (DTAA) to improve transparency in tax matters and help curb tax evasion and avoidance. The treaty will improve transparency in tax matters and prevent double taxation.India, ADB sign $120 million loan to improve rail infrastructureMar 17, 2018The Union Government has signed a $120 million loan agreement with the Asian Development Bank for completion of works for double-tracking and electrification of railway tracks along high-density corridors to improve operational efficiency of Indian railways.US challenges India's export subsidy programmes at WTOMar 15, 2018As per US trade representative, export subsidy programmes harm American workers by creating an uneven playing field on which they must compete.Insolvency and Bankruptcy Board of India signs MoU with Reserve Bank of IndiaMar 13, 2018The MoU provides for sharing of information between the RBI and the IBBI, subject to the limitations imposed by the applicable laws.NITI Aayog launches Women Entrepreneurship PlatformMar 8, 2018NITI Aayog launched the Women Entrepreneurship Platform (WEP) on March 8, on the occasion of International Women’s day. The initiative is aimed at building a vibrant ecosystem for women across India to help realise their entrepreneurial aspirations, scale-up innovative initiatives and chalk-out sustainable, long-term strategies for their businesses.Iraq becomes India’s biggest oil supplierMar 6, 2018Iraq has overtaken Saudi Arabia to become India's top crude oil supplier, meeting more than a fifth of the country's oil needs in the current financial year.Union Cabinet approves setting up of National Financial Reporting AuthorityMar 5, 2018The NFRA will be established as an independent regulator for enforcement of auditing standards and ensuring the quality of audits to strengthen the independence of audit firms and therefore, enhance investor and public confidence in financial disclosures of companies.Union Cabinet approves Fugitive Economic Offenders Bill, 2018Mar 5, 2018Union Cabinet has given its assent to the introduction of the Fugitive Economic Offenders bill that aims to punish those who fled India after committing major economic offences such as Nirav Modi and Vijay Mallya.RBI launches Ombudsman Scheme for NBFCsFeb 26, 2018The scheme will provide a cost-free and expeditious complaint redressal mechanism relating to deficiency in the services by NBFCs.NITI Aayog to soon launch special cell for women entrepreneursFeb 23, 2018The cell, to be called Women Entrepreneurial and Innovation Cell of Niti Aayog, will be headed by Niti Aayog advisor Anna Roy and will offer women financial support through the MUDRA micro-loan scheme.India 7th most targeted nation for Web Application Attacks: Akamai ReportFeb 21, 2018India’s financial industry saw a sharp increase in the number of Distributed Denial of Service (DDoS) attacks in 2017, experiencing 298 DDoS attacks against 37 distinct organisations in the last quarter. The DDoS attacks can bring down websites, disrupt businesses, and divert resources, sometimes serving as cover for more insidious data or systems breaches.UP government signs 900 MoUs ahead of Investors Summit 2018Feb 20, 2018According to the UP’s Industry Minister Satish Mahana, more than 900 MOUs have been signed so far. He claimed that this is the highest number of agreements that have ever been signed with private companies.Ministry of Railways extends upper age limit for ongoing recruitmentFeb 20, 2018The Indian Railways has decided to increase the upper age limit for its ongoing recruitment process for Group C Level-1 and Level-2 posts. The Ministry stated that the last date for submission of the applications will also be extended suitably.India, Iran sign MoU to avoid Double TaxationFeb 19, 2018India and Iran have signed 9 agreements to strengthen their cultural ties, boost connectivity and trade and expand cooperation in various sectors including health, medicine, agriculture, traditional systems of medicine and postal cooperation.PNB’s $1.8 Billion Scam: ExplainedFeb 15, 2018State-owned lender, Punjab National Bank has suspended 10 of its officers and lodged a complaint against celebrity jewellery designer Nirav Modi for committing fraudulent transactions worth over USD 1.77 billion in one of its Mumbai branches.RBI announces Revised Framework for Resolution of Stressed Assets; withdraws CDR, SDR, S4A and JLFFeb 13, 2018Through the new set of rules, the RBI aims at creating a harmonised and simplified generic framework for resolution of bad loans. This will force lenders to identify and tackle any stressed-asset accounts more rapidly.India Post Payments Bank to enable Digital Payments in Post Offices by April 2018Feb 10, 2018IPPB plans to leverage the unparalleled reach of the India Post network to achieve a Pan India roll out of 650 branches by 2018.CCEA approves enhancement of target under Pradhan Mantri Ujjwala YojanaFeb 8, 2018The Cabinet also approved expansion of the Scheme to cover all SC/ST households, beneficiaries of PMAY (Gramin) and Antyoday Anna Yojana (AAY), Forest dwellers, Most Backward Classes (MBC), Tea and Ex-Tea Garden Tribes, people residing in Islands and rivers, SECC identified households, etc.IBBI amends IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016Feb 7, 2018The Resolution Professional shall appoint two registered valuers to determine the fair value and the liquidation value of the corporate debtor. After the receipt of resolution plans, the resolution professional shall provide the fair value and the liquidation value to each member of the committee of creditors in electronic form, on receiving a confidentiality undertaking.In Detail: Union Budget 2018-19 and Economic SurveyFeb 3, 2018The Union Finance Minister Arun Jaitley on 1 February 2018 presented the Union Budget 2018 in the parliament. In the independent India, this is the 88th budget and the fifth of the Modi Sarkar.Key takeaways from Union Budget 2018Feb 2, 2018NITI Aayog will establish a National Programme to direct government's efforts in the area of Artificial Intelligence towards national development. The government will also explore use of blockchain technology proactively to boost digital economy. However, the government will not consider cryptocurrency as legal tender.India joins Ashgabat agreementFeb 2, 2018India has joined the Ashgabat agreement which envisages the establishment of an international transport and transit corridor linking Central Asia with the Persian Gulf to significantly ramp up trade and investment.Union Budget 2018: Fiscal Expenditure & Taxation ReformsFeb 1, 2018No changes in personal income tax slabs. Majorly, the personal income tax collection comes from the salaried class. Around 1.89 crore returns were filed in 2017 and Rs 1.44 lakh crore was paid as taxes.Union Budget 2018: Major HighlightsFeb 1, 2018This year's budget session is crucial as it comes after government's two big financial decisions - demonetisation and the implementation of Goods and Services Tax. It will be also NDA government's last full budget presentation before next year's Lok Sabha elections.Union Budget 2018: Health, MSME and Social WelfareFeb 1, 2018National Health Protection Scheme will be launched to cover 10 crore poor and vulnerable families. Under this, up to Rs 5 lakh will be provided to each family per year in secondary and tertiary care institutions. This scheme will have 50 crore beneficiaries. This scheme will generate lakhs of jobs, particularly for women.Union Budget 2018: Financial SectorFeb 1, 2018Emoluments will revised for the President to Rs 5 lakh, Rs 4lakh for Vice-President and Rs 3.5 lakh per month for Governors. Emoluments to MPs will be refixed with effect from April 1, 2018. The law will provide automatic revision of emoluments of MPs after every five years, indexed to inflation.Union Budget 2018: Education SectorFeb 1, 2018the Union Budget 2018 proposes to treat education holistically without segmentation from pre-nursery to Class 12. To improve the quality of teachers and education, the government would be initiating an integrated B.Ed. programme for the teachers.Union Budget 2018: Agriculture SectorFeb 1, 2018Under the Union Budget 2018, the government would be doubling the farmer’s income by 2022 and would be working with the states to ensure that all farmers get a fair price for their produce.Union Budget 2018: UnderprivilegedFeb 1, 2018Under the underpriviledged sector in Union Budget 2018, the government plans to build houses for all the poor in the country by 2022. To ensure the same, it launched the Pradhan Mantri Awas Yojana in rural and urban areas of the country.India and ADB sign USD 250 million loan to improve rural connectivity in five statesJan 31, 2018This investment program is an addition to the USD 800 million ADB-financed first Rural Connectivity Investment Program in 2012 that added about 9000 kilometres of all-weather rural roads in the same States.India ranked as 6th wealthiest country in the world: ReportJan 31, 2018A report by New World Wealth has ranked India in the sixth position in the list of wealthiest countries. It noted that India was the best-performing wealth market globally in 2017, as its total wealth increased from USD 6,584 billion in 2016 to USD 8,230 billion in 2017, registering a 25 per cent growth.Union Budget 2018: Everything ExplainedJan 31, 2018The union budget is an important part of Indian economy and polity. There are some changes in the budget due to its merger with railway budget. We have elaborated the entire constitutional procedure of the budget that how it is formed and presented.Centre launches GeM 3.0 with enhanced featuresJan 31, 2018The third version of the Government e-Marketplace, GEM 3.0, envisaged by the Union Government as the National Procurement Portal of India has been launched.Economic Survey 2017-18: Ease of Doing Business’ Next Frontier-Timely JusticeJan 30, 2018The government’s efforts to make business and commerce easy have been widely acknowledged. The next frontier on the ease of doing business is addressing pendency, delays and backlogs in the appellate and judicial arenas. Coordinated action between government and the judiciary-- a kind of horizontal Cooperative Separation of Powers to complement vertical Cooperative Federalism between the central and state governments would address the “Law’s delay” and boost economic activity.Economic Survey 2017-18: Top 10 facts on Indian EconomyJan 30, 2018The new Economic survey of 2017-18 reveals that there has been a 50 per cent increase in unique taxpayers under the GST in comparison with the pre-GST system and also a boost in exports of ready-made garments.Economic Survey 2017-18: Key HighlightsJan 30, 2018The Economic Survey 2017-18 was tabled in the Parliament on January 29, 2018 by Union Finance Minister Arun Jaitley. Major reforms were undertaken in 2017 including the launch of the transformational Goods and Services Tax (GST) in July.India, ASEAN member states release joint statement ‘Delhi Declaration’Jan 27, 2018India hosted the leaders of the ten member states of the Association of Southeast Asian Nations (ASEAN) for two-day ASEAN-India Commemorative Summit that began on January 25, 2018 in New Delhi, under the theme of ‘Shared Values, Common Destiny’.Small Finance Banks, Payments Banks to offer Atal Pension YojanaJan 27, 2018The Union Government has allowed Small Finance Banks and Payments Banks to offer Atal Pension Yojana (APY). The Small Finance Banks and Payment Banks are new age banks and given the strength, expertise and reach of these banks, they can play a pivotal role in the outreach of subscribers under APY.India ranked 81st on Global Talent Competitiveness IndexJan 24, 2018India has been ranked 81st on the annual global index of talent competitiveness, which was released on the first day of the 48th World Economic Forum (WEF) annual meeting in Davos, Switzerland.India to surpass China as fastest growing large economy in 2018Jan 22, 2018The Sanctum Wealth Management report predicts that India will become the fastest growing large economy in the world in 2018, surpassing even China and the country’s equity market will jump to become the fifth largest in the world.GST Council cuts rate on 82 goods and services, introduces measures against tax evasionJan 20, 2018The 25th GST Council meeting chaired by Finance Minister Arun Jaitley has recommended rate cuts on 83 items including 53 services and 29 goods and the introduction of ‘anti-evasion measures’ to take care of faltering indirect tax revenue.Department of Commerce, CII sign MoU for development of Logistics sectorJan 17, 2018The Department of Commerce has signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII) for setting-up of an institutional mechanism for the integrated development of Logistics sector in the country.Cabinet approves continuation of MPLAD Scheme beyond 12th PlanJan 10, 2018The Cabinet Committee on Economic Affairs (CCEA) led by the Prime Minister has given its nod to the continuation of Members of Parliament Local Area Development Scheme (MPLADS) till the term of the 14th Finance Commission i.e. 31st March 2020.India to regain top spot with GDP pegged at 7.3% in 2018-19: World BankJan 10, 2018According to the World Bank’s Global Economic Prospects report, India’s economy will grow by 6.7% during the current fiscal year, higher than the 6.5% estimate by the Indian government. The report said that With this growth, India is set to regain the top spot in world's fastest-growing economies.RBI introduces Rs 10 banknote in Mahatma Gandhi (New) SeriesJan 5, 2018The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage. The base colour of the note is Chocolate Brown. The dimension of the banknote will be 63 mm x 123 mm.GOI launches 7.75% Savings (Taxable) Bonds, 2018Jan 5, 2018The Government of India has launched 7.75% Savings (Taxable) Bonds, 2018 scheme to enable resident citizens/HUF to invest in a taxable bond, without any monetary ceiling. This new saving scheme will commenced on 10th January 2018.CCEA approves construction, operation and maintenance of Zojila tunnel in J&KJan 4, 2018The construction of this tunnel will provide all weather connectivity between Srinagar, Kargil and Leh and will bring about all round economic and socio-cultural integration of these regions. The project excludes approaches on Srinagar-Leh section connecting NH-1A at Km 95.00 and at Km 118.00.CCEA approves mandatory packaging of foodgrains in Jute MaterialsJan 4, 2018CCEA approved the mandatory packaging norms under the Jute Packaging Material (JPM) Act, 1987. The approval mandates that 90 per cent of the food grains and 20 per cent of the sugar products shall be mandatorily packed in jute bags. It's provision for 100 per cent packing of food grains in jute bags is subjected to the ability of the jute industry to meet the requirement.Government notifies terms of Electoral BondsJan 3, 2018In a bid to cleanse the system of political funding in the country, the Government of India notified the Scheme of Electoral Bonds. With the issuance of electoral bonds, the donors can purchase electoral bonds from specific State Bank of India (SBI) branches, and receiving political parties can encash them only through a designated bank account.Saudi Arabia, UAE become first Gulf nations to introduce VATJan 2, 2018Saudi Arabia and the United Arab Emirates (UAE) introduced the Value Added Tax (VAT) for the very first time on 1 January 2018. The move is a first for the Gulf region, which has long boasted of a tax-free system.India signs USD 40 Million Loan Agreement with World Bank for UP TourismDec 29, 2017The Project will support the state government’s priority of re-structuring tourism benefiting poor residents and local entrepreneurs such as rickshaw drivers, local artisans and street vendors.India signs US$ 125 million worth financing agreement with World BankDec 20, 2017India has signed a financing agreement worth US$ 125 million with the World Bank for ‘Skills Strengthening for Industrial Value Enhancement Operation (Strive) Project”.Niti Aayog to set up Methanol Economy FundDec 20, 2017The Niti Aayog is planning to set up a Methanol Economy Fund with a corpus of Rs 4,000-5,000 crore to promote production and use of the clean fuel. Methanol can be used as a transportation fuel, energy producing fuel and cooking fuel. It could play a huge role in bringing down India’s oil import bill by an estimated 20% over the next few years.CBDT extends deadline for linking of Aadhaar with PAN to 31 March 2018Dec 8, 2017All taxpayers having Aadhaar Number or Enrolment Number are required to link Aadhaar with Permanent Account Number as per the provisions of recently introduced section 139AA of the Income-tax Act, 1961.RBI releases Fifth Bi-monthly Monetary Policy Statement 2017-18Dec 7, 2017After assessing the current and evolving macroeconomic situation in the economy, the Monetary Policy Committee (MPC) decided to keep the Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.0 per cent. Consequently, the Reverse Repo Rate was also kept unchanged at 5.75 per cent and the Marginal Standing Facility (MSF) Rate and the Bank Rate remained at 6.25 per cent.RBI rationalises charges on debit card transactionsDec 7, 2017The Reserve Bank of India, In order to promote digital payments, came out with differentiated merchant discount rates (MDR) for debit card transactions, prescribing separate caps for small and large traders. The shift is aimed at giving a boost to the digital transactions in the country, as the government is not seeing any expected result despite giving a major thrust to digital payments.India submits document to oppose e-commerce talks at WTODec 4, 2017India has for the first time submitted a formal document opposing any talks on e-commerce at the World Trade Organisation (WTO). The submission comes ahead of the key ministerial conference of the WTO, where India is likely to face pressure from many countries to begin talks to open cross-border digital trade. The document submitted by India at WTO is a proposed agreement that could become an actual announcement if enough members are in agreement with it and pertinent changes are made to it to suit all.Finance Minister Arun Jaitley launches Paytm Payments BankNov 30, 2017Paytm Payments Bank aims to bring Indians into 'digital economy'. With the launch of the Bank, Paytm account holders can enjoy the benefits like zero-balance account, free IMPS, NEFT, RTGS, UPI transactions and a complimentary virtual Rupay cards for online transactions.15th Finance Commission constituted under the chairmanship of NK SinghNov 28, 2017The other members of the 15th Finance Commission are Shaktikanta Das, former Secretary to Union Government and Anoop Singh, Adjunct Professor at Georgetown University. While, Chairman of Bandhan Bank Ashok Lahiri and Member of NITI Aayog Ramesh Chand will be the Part time members of the Commission. Arvind Mehta will be the Secretary to the Commission.CCEA approves expansion of Beti Bachao Beti Padhao for Pan India coverageNov 23, 2017The expansion includes Multi sectoral intervention in 244 districts in addition to existing 161 districts and 235 districts will be covered through Alert District Media, Advocacy and Outreach.Cabinet approves setting up of the 15th Finance CommissionNov 23, 2017The Union Cabinet led by Prime Minister Narendra Modi has approved the setting up of the 15th Finance Commission. The decision was a constitutional obligation under Article 280 (1) of the Constitution. The Terms of Reference for the 15th Finance Commission will be notified soon.Moody's upgrades India's sovereign rating after 14 yearsNov 17, 2017US credit rating agency Moody's raised India's sovereign rating to Baa2 from its lowest investment grade of Baa, while changing the outlook for the country's rating to stable from positive. Since 2004, Moody raised the sovereign rating for the first time ignoring a haze of short-term economic uncertainties to bet on the nation’s prospects from a raft of policy changes by the government.Cabinet approves the establishment of the National Anti-profiteering Authority under GSTNov 17, 2017The Union Cabinet led by the Prime Minister Narendra Modi has given its consent for the creation of the posts of Chairman and Technical Members of the National Anti-profiteering Authority (NAA) under GST. The decision was followed up immediately after the sharp reduction in the GST rates of a large number of items of mass consumption. This paves the way for the immediate establishment of this apex body, which is mandated to ensure that the benefits of the reduction in GST rates on goods or services are passed on to the ultimate consumers by way of a reduction in prices.Union Government launches BHARAT-22 Exchange Traded FundNov 15, 2017Union Government's key Economic Reforms may also benefit ETF. These reforms are Insolvency and Bankruptcy Code 2016, Digital Economy, Bank recapitalization, GST, Liberalization of FDI, Introduction of Daily Fuel pricing, Revival package for DISCOMs, etc.India to be third largest economy by 2028, says reportNov 14, 2017India is likely to achieve strong growth over the next decade and emerge as the world’s third-largest economy, overtaking Japan in nominal GDP by 2028, says a report titled ‘India 2028’ by Bank of America Merrill Lynch.Cabinet approves Joint Interpretative Declaration between India and ColombiaNov 12, 2017The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing the Joint Interpretative Declaration (JID) between India and Colombia.RBI directs banks to provide doorstep banking facilities to senior citizens, differently-abledNov 10, 2017The Reserve Bank of India has asked banks to provide doorstep banking facilities to senior citizens who are more than 70 years of age and differently-abled persons by December 2017.GST rate on various mass consumption items reduced to 18 per centNov 10, 2017All types of chewing gum, chocolates, preparation for facial make-up, shaving and after-shave items, shampoo deodorants, washing powder detergent and granite and marble will now attract 18 per cent GST rate.RBI to launch public awareness campaign through text messagesNov 9, 2017The Reserve Bank of India would soon be launching a new public awareness campaign through text messages to educate public about various banking regulations and available facilities.India slips to 7th position in Business Optimism RankingNov 9, 2017According to the most recent Grant Thornton International Business Report India has slipped to the 7th position in the Business Optimism Index (BOI) in the September quarter, from the second position in the previous three months. The survey suggests that this ranking is showing the clear signs of lag in the economy.Haryana government signs Rs 20,000 Cr worth MoU to set up trading hubNov 3, 2017The state government Haryana on 2 November 2017 signed a memorandum of understanding (MoU) with an integrated trade facilitation services organisation - Verbind - to set up a logistics and trading hub in the state.CBDT notifies rules for furnishing Master File and Country-by-Country ReportNov 2, 2017The report of Master File needs to be submitted in Form 3CEAA and the Country-by-Country Report in Form 3CEAD. An international group having multiple Indian constituent entities can designate one constituent entity to furnish the Master File.PFRDA increases maximum age of joining under NPS-Private Sector to 65 yearsNov 2, 2017With this, any Indian Citizen, resident or non-resident, between the age of 60- 65 years can now join NPS and continue up to the age of 70 years in NPS. Moreover, the subscribers who are willing to join NPS at the later stage of life will be able to avail the benefits of NPS.CCEA approves Special Banking Arrangement for payment to fertilizer companiesNov 2, 2017Union Government is making fertilizers available to farmers at subsidized prices through fertilizer manufacturers or importers. For making funds available to the fertilizer companies against the subsidy claims, Union Ministry of Finance had approved SBA for an amount of Rs 10000 crore with Government interest liability limited to G-Sec rate.World Bank releases Doing Business Report 2018: India ranks 100 among 190 countriesNov 1, 2017India jumped over 30 ranks this year to attain 100th spot in the ease of doing business list. It was ranked at 130th position in the 2017 Doing Business Report. India is the only country in South Asia and BRICS economies to feature among most improved economies of the DB Report this year.Union Government constitutes Arun Jaitley led committee to oversee PSU bank mergersNov 1, 2017Earlier in 2017 itself, the banking sector witnessed the consolidation of State Bank of India (SBI), which merged operations of its five associate banks and Bharatiya Mahila Bank with itself, marking the first consolidation move following the bad loan crisis.India sends first shipment to Afghanistan through Iran’s Chabahar portOct 30, 2017India has sent its first consignment of wheat to Afghanistan through Iran’s Chabahar port. The move has been seen as a landmark one to operationalise the new strategic transit route, bypassing Pakistan. The shipment was flagged off from Kandla port in Gujarat by Indian External Affairs Minister Sushma Swaraj and her Afghan counterpart Salahuddin Rabbani.India imposes anti-dumping duty on stainless steel from US, EU and ChinaOct 26, 2017India has imposed anti-dumping duty on certain stainless steel products from the European Union and other nations including China and Korea, in order to protect the domestic industry from cheap imports.Qatar to introduce minimum wage for workersOct 26, 2017Qatar has announced that it would be introducing a minimum wage for workers. The country has been under global scrutiny over its alleged ill-treatment of migrant labourers.RBI sets up task force on Public Credit RegistryOct 24, 2017The task force will be headed by YM Deosthalee, ex-CMD of L&T Finance Holdings. The other members of the task force are Sekar Karnam, Vishaka Mulye, Rashesh Shah, Sriram Kalyanaraman, Bidisha Ganguly, Sharad Sharma, Vivek Srivastava, Parvathy V. Sundaram and Anujit Mitra.GSTN launches offline option for GSTR-3B returns filingOct 23, 2017This offline facility will provide an opportunity to the taxpayer to verify the details of GSTR 3B before filing GSTR-3B returns and minimise chances of error. It is designed to help taxpayers to prepare their GSTR-3B return on their computer system.Banks to now match original IDs with photocopies: PMLAOct 23, 2017The Government has set a mandatory rule for banks and financial institutions (FIs) to check the original identification documents of individual person dealing in cash above the prescribed threshold of fifty thousand rupees, to tackle the use of forged or fake copies.Three- pronged approach for structural reform in India: IMFOct 14, 2017The IMF has suggested a 3-pronged approach for structural reform in India that includes Addressing the banking and corporate sector weaknesses, continued fiscal consolidation through revenue measure, and Improving the efficiency of labour and product markets.Union Minister launches Sampoorna Bima Gram YojanaOct 13, 2017The Union Minister for Communications, Manoj Sinha has launched the Sampoorna Bima Gram Yojana, an initiative for expansion of client base of Postal Life Insurance. The main objective of the scheme is to cover all households in the identified Sampoorna Bima Gram village.RBI introduces strict KYC guidelines for Prepaid Payment InstrumentsOct 13, 2017RBI has announced a fresh guideline on the issuance and operation of PPI (Prepaid Payment Instruments). It has also has issued stricter Know Your Customer (KYC) norms for the users of prepaid instrument or mobile wallets. With these guidelines to complete full KYC formalities, the mobile wallet user can now send-receive money between wallets of different companies and banks seamlessly through Unified Payments Interface (UPI).

What kind of students get into the University of Chicago?

Q. What kind of students get into the University of Chicago?A. To meet your U Chicago Admissions Requirements:Earn a 4.23 GPA or Higher (Greater emphasis on rigors of secondary school record, than GPA or class rank)Get a 33 on the ACT, a 2235 on the SAT, or Higher (Greater emphasis on standardized tests)Have the Extracurricular Advantage (Greater emphasis on character and personal qualities)Emphasis on Recommendations and EssaysHow to Get Into University of Chicago (Student-Tutor)University of Chicago: Profile Class of 2020US News Rankings and ReviewsCollegeData College ProfileQuestions | Noodle: University of Chicago StudentsPresident Barack Obama speaks to students at the University of Chicago Law School on April 7, 2016 in Chicago, Illinois. Obama addressed his U.S. Supreme Court nominee Merrick Garland as he hopes members of the Republican party will give Garland a hearing and a vote in Washington. (Photo by Joshua Lott/Getty Images)How to Get Into University of Chicago: Admissions RequirementsCo-authored by Renae HintzeUChicago considers itself “One of the world’s premier academic and research institutions”.Sound too good to be true?They may be tooting their own horn, but Students and faculty from UChicago have made great strides over the years, such as developing the first cloud-based computing system to process cancer data (in 2013) – I mean, wow. I still burn my popcorn in the microwave sometimes.With an average of 27,500 students applying every year, the UChicago acceptance rate comes in at only 9%. I already know what you’re thinking… 9%?! So what does it take to be part of that??Without further ado, I bestow you these 12 Steps to increase your student’s UChicago Admissions chances! (Number 10 is pretty unique.)Step #1: Earn a 4.0 GPA or HigherCheck this out… It’s a chart of University of College Admissions statistics. See all those little blue and green dots? They represent the students that were accepted. And check out where they’re pow-wowing up around the top – it says “4.0”.While we could argue that there ARE acceptances below a 4.0, and that the blue dots at the top represent students who didn’t attend, your student should aim for a 4.0 or higher to increase their University of Chicago admissions chances.Having a 4.0 or higher is also a good indication that your student will succeed at UChicago. The average GPA for students enrolled is 4.23!Step #2: Get a 33 ACT, 2235 SAT, or HigherAs we mentioned in our article on how to get into UC Berkeley, Ivy Leagues review their applications holistically, meaning they take all things into consideration.Ok, but exactly how real is this holistic approach??On the same chart of University of Chicago admissions statistics that you just saw above, the majority of acceptances thicken significantly around a 30 ACT and 2070 SAT score. I circled it for ya here.So in order to have the BEST chances of meeting University of Chicago admissions requirements, you should aim for the middle-ground (or higher) of accepted scores: a 33 ACT or 2235 SAT score.But what about the SAT subject test you may ask?No SAT subject tests are required for your application, but we’re going to recommend your student takes them… Remember the 9% admittance rate?UChicago Admissions are super competitive, so you really want to take every opportunity there is to stand out. Have your student study hard for at least two and submit those scores.And don’t forget about Super Scoring!Super Scoring…what’s that?The University of Chicago uses what’s called “Super Scoring”, (or Score Choice) when accepting your ACT and SAT test scores. It means that if you submit multiple test scores for either the ACT or SAT, they will take the highest score you submitted!Step #3: Have the Extracurricular AdvantageWe’ve got something for this too! Remember our article on Extracurricular Activities increasing your Ivy League admissions chances?Well, UChicago is no exception to all that. Here is a pie chart that shows the actual anatomy, if you will, of the University of Chicago in terms of their Extracurricular make-up.So what can you take out from this infographic above? What seems to be to focus?YES, you got it! It seems like there are three categories that are prominent here.U of Chicago Extracurricular Prominent Categories:AthleticsMusicVolunteeringI’m not saying these are the only extracurriculars that the University of Chicago cares about. BUT the fact that the majority of current UChicago students are involved in these categories does say something for the extracurricular habits of students accepted.So maybe you’re not an athlete and don’t play an instrument… But anyone can volunteer! AND there’s quite the variety of community service options open to students these days.Here are some Volunteer tips!Make hygiene kits for the homelessVolunteer at a food bank, food pantry, or soup kitchenBring new or lightly used toys and stuffed animals to a children’s hospital.Teach computer skills to the elderlyThese are just a few specific examples I took from TeenLife’s 10 Community Service Ideas for College-Bound Teens and 50 Community Service Ideas for Teen Volunteers.Step #4: Create a UChicago AccountA UChicago Account is simply an online account where you can access all the information you’ll need as both an applicant, and a student of UChicago.With a UChicago account, you can:Check the status of your applicationUpdate informationApply for financial aidView your admission decisionGet started with your UChicago Application.Step #5: Complete the Universal and Common ApplicationsThese are two different online application sites that allow schools to view student’s applications, and teachers to give college recommendations to those students.For filling these guys out, all you need to do is go to their homepage and follow the steps they give!Start your Universal College Application here and/or start your Common Application here.Step #6: Do Well on the UChicago SupplementNow this is an important one so LISTEN UP! The UChicago Supplement is available through either your UChicago Account or Common Application.The University of Chicago Supplement requires:Extended Essay (You’ll have 5 prompts to choose from)Short essay on why you want to go to UChicagoOptional essay on art or mediaSo what do these essays look like?You can expect to see (and write about) some pretty uncommon things on your essay. Literally, the University of Chicago takes prides in having uncommon essay prompts.What do they mean by using the term “uncommon”?How about a prompt asking you about the latest trends of society?Or a prompt that just catches you completely by surprise?The following were two REAL prompts used for the UChicago extended essay.In other words, you can expect the unexpected when it comes to the University of Chicago extended essay. And here’s some specific examples of essay answers to uncommon UChicago prompts. Your student can read these and get a feel for the tone they want to capture and follow some of our tips we have provided below.University of Chicago Extended Essay “Do’s and Don’ts”:Extra Tip: You don’t have to write about yourself to answer the question. You can, but it’s totally up to you!Step #7: Have a Good Secondary School ReportThey want a secondary school report too? How about my right foot??But remember at a 9% acceptance rate, you are being considered for one of the world’s premiere universities. So yeah, they want it.The secondary school report is basically a recommendation from your student’s advisor. It will ask for the basics, like grades and test scores, but it will ask a few more unique questions too – how organized your student is and what their personality is like, for instance. So make sure to keep your advisor on your good side.Step #8: Get 2 Stellar Recommendations from TeachersSchedule a meeting well in advance to meet with your counselor/advisor and submit this recommendation via either University College Application or the Common Application (I mentioned these earlier!)In another blog I talked about creating the “Ideal Candidate” for the school that your student wants to attend.You can use some of those same categories to find the teachers for your student’s recommendations!Now that you know what kind of teacher to ask, make sure your student gives them plenty of time to write the recommendation.What’s plenty of time?Teachers are busy. A week before the deadline is probably even pushing it, so give them 2 or more. And when you do ask for a recommendation, make sure to have a brag sheet prepared.A brag sheet? You mean you want me to brag about myself?Yup. Think of it this way: Let’s say you’re in a room with 10 people. If all 10 of you applied to the University of Chicago, that means only one of you would be accepted, if any.You need to do everything you can to BE that one! So your teacher needs to know your accomplishments in order to write you a stellar recommendation letter that stands out and fits exactly what the university is looking for.Provide a sheet with the following:Volunteer WorkLeadership PositionsInvolvement in Music and the ArtsClubsCultural ExperiencesHonors and AwardsCommunity ServiceEmploymentIn other words… just follow the steps to fill out our Student Profile.Step #9: Submit a Mid-Year ReportMid-Year report? Didn’t I already submit all my grades?You did. Now they want to make sure you didn’t start slacking afterwards.Your student needs to ask their Academic Advisor to send a mid-year report with grades or transcript your first semester or first trimester.Their school may have their own form for this, or the counselor can use the UCA or CA’s form. Either will work — just make sure this gets done, and looks good!Step #10: Use Extra Opportunities to Stand OutThis means the supplemental criteria offered as an option for University of Chicago admissions.There’s a Portfolio in your student’s UChicago account where they can submit any type of artwork, writing, or anything else they are substantially proud of. This is another chance for your student to shine in the eyes of UChicago.So that portrait of Beyonce they painted in art, or that awesome mini-novel they wrote for English class… those will work.What about the UChicago Interview?Interviews for the University of Chicago admissions are conducted on and off the campus.Face-to-face is always a good way to show your interest in something. That’s why I recommend that your student does one of these.On-Campus interviews your student is interviewed by a fourth-year student in the Office of College Admissions in Rosenwald Hall. And, guess what? The University actually has a current list of the UChicago student interviewers. When your student goes for their interview, they’re bound to see one of these lovely faces there.For Off-Campus interviews: Off-campus interviews are conducted by UChicago alumni. For off-campus interviews, your student should come armed with the following:Knowledge of UChicagoA few questions for the alumnusYou can only book one or the other so your student can either schedule their on-campus interview or schedule their off-campus interview on their UChicago Account.Step #11: Meet Your DeadlinesStep #12: Qualify for a Merit ScholarshipYes, UChicago has merit-based scholarships!However, they’re not exactly the same criteria as you’ve heard from us in reference to a merit scholarship.Basically how it works is when the University of Chicago receives your student’s application, the admissions counselors will review it for possible scholarship awards in addition to them being admitted.So they aren’t automatically awarded after admission, but they’re automatically considered.And they will look at everything: GPA, test scores, personality, and what you did in High School. They might even call your twice removed cousin and see what you did at your 2nd birthday… Ok maybe not that far, but you get the idea.If your student is found eligible for a scholarship, they can receive up to $15,000 per year. (The lowest they can receive is $5,000 per year).ConclusionJust to keep things fresh, let’s review the steps we talked about.To meet your UChicago Admissions Requirements:Earn a 4.23 GPA or HigherGet a 33 on the ACT, a 2235 on the SAT, or HigherHave the Extracurricular AdvantageTo Meet your UChicago Application Requirements:Create a UChicago AccountComplete the Universal and Common ApplicationsDo Well on the UChicago SupplementHave a Good Secondary School ReportGet 2 Stellar Recommendations from TeachersSubmit a Mid-Year ReportUse Extra Opportunities to Stand OutMeet Your DeadlinesApply for Financial AidBioLatest PostsTodd VanDuzerCo-Founder & CEO at Student-TutorHOW TO GET INTO UNIVERSITY OF CHICAGO / U CHICAGO ADMISSIONS / U CHICAGO EXTENDED ESSAY / U CHICAGO INTERVIEW / U CHICAGO SUPPLEMENT /UNIVERSITY OF CHICAGO ADMISSIONSAdmissions & AidProfile for the Class of 2020Apply The Application U Chicago Supplement Essay Questions Class Profile Preparing for CollegeVisitingAcademicsStudent LifeHousing & DiningAfter GraduationCosts & AidContact UsApplications to University of ChicagoNumber of Applicants 31,411Number Accepted 2,498Number Enrolled 1,591Distribution by RegionInvolvement in High School ActivitiesCommunity Service 81%Editorial (newspaper, literary magazine, yearbook) 26%Music 44%Religious Organizations 12%Student Government 31%Theater 17%Varsity Athletics 53%Standardized TestingACT Middle 50% 32-35SAT Middle 50% 1460-1550ACT Score Range (Admitted Students) 20-36SAT Score Range (Admitted Students) 1020-1600DiversityAsian 19.04%Black or African American 8.61%Hispanic or Latino 12.95%Other 8.74%International 13.7%Gender DistributionUniversity of Chicago5801 S. Ellis Avenue, Chicago, IL 60637 | (773) 702-1234#3 (tie) in National UniversitiesOverviewRankingsApplyingCost & AidAcademicsStudent LifeServicesMapMore ▾2017 Quick StatsTUITION & FEES $52,491 (2016-17)ROOM AND BOARD $15,093 (2016-17)TOTAL ENROLLMENT 12,962APPLICATION DEADLINE Jan. 1More from this SchoolUndergraduateGlobalGraduateView All 7 Photos »University of Chicago is a private institution that was founded in 1890. It has a total undergraduate enrollment of 5,844, its setting is urban, and the campus size is 217 acres. It utilizes a quarter-based academic calendar. University of Chicago's ranking in the 2017 edition of Best Colleges is National Universities, 3. Its tuition and fees are $52,491 (2016-17).The University of Chicago, situated in Chicago’s Hyde Park community, offers a rich campus life in a big-city setting. The Chicago Maroons have more than 15 NCAA Division III teams, which compete in the University Athletic Association, and have strong basketball and wrestling programs. At Chicago, freshmen are required to live on campus, and more than 50 percent of students choose to remain on campus, while others live in off-campus apartments and houses. On-campus students are placed in "houses" within their dorm, which serve as tight-knit communities and provide academic and social support. Chicago offers more than 400 student organizations.The University of Chicago is comprised of the College and a number of graduate and professional schools. Its postgraduate offerings include the highly ranked Booth School of Business, Law School, Pritzker School of Medicine, Harris School of Public Policy Studies and Department of Geophysical Sciences, as well as a top-ranked graduate program in economics and a well-regarded Divinity School. Since 1987, the school has hosted the four-day long "University of Chicago Scavenger Hunt," now a venerable university tradition. Famous alumni include former U.S. Attorney General John Ashcroft, Nobel Memorial Prize in Economics recipient Milton Friedman, civil rights activist Jesse Jackson, former U.S. Supreme Court Justice John Paul Stevens and author Kurt Vonnegut Jr.General Information1890 YEAR FOUNDEDQuarter ACADEMIC CALENDAR$6,553,570,933 2015 ENDOWMENTSchool Mission and Unique QualitiesContent is provided by the school.The University of Chicago is universally recognized for its devotion to open and rigorous inquiry. The strength of our intellectual traditions, intense critical analysis, and free and lively debate draws from our engaged scholars who continually seek creative solutions to complex problems. Our College graduates have made discoveries in every field of academic study; they are ambitious thinkers who are unafraid to take on the most pressing questions of our time. Their accomplishments have established the University's legacy as one of the world's finest academic institutions. The University of Chicago is affiliated with 89 Nobel Prize winners, over 260 Guggenheim Fellows, 32 MacArthur "Genius Grant" Fellows, and 24 Pulitzer Prize winners.UChicago is also renowned for the unparalleled resources it provides its undergraduate students. Our 217-acre campus contains six libraries with over 11 million print volumes; over 150 research centers and institutes, including the new Institute for Molecular Engineering and the Institute of Politics; world-class theaters, museums, and art centers; and three of the nation's top professional schools in law, business, and medicine. Rooted in Hyde Park, a neighborhood home to both our campus (certified as a botanical garden) and over 60 percent of the private homes of our faculty, UChicago offers a true campus-based community within the context of a major American city. Our students engage the city of Chicago and its many neighborhoods through groundbreaking research and scholarship, unparalleled internship opportunities, and a commitment to community service. Just as Chicago is a global city, the University of Chicago remains a truly international university: we offer over 45 faculty-led study abroad programs in over 20 countries, including those in conjunction with our centers in Beijing, Hong Kong, Delhi, and Paris.Yo Yo Ma with Woodlawn Campus Students University of Chicago Charter SchoolUChicago maintains a student-faculty ratio of 5:1, ensuring that every classroom experience exemplifies our commitment to close interactions between students and faculty in small, discussion-style seminars. Our famous Core curriculum - courses in eight subject areas that all students, regardless of their major, are required to take - provides students with a common vocabulary and a well-balanced academic experience, while allowing them the flexibility to explore their own particular interests within those eight subject areas.The Office of Career Advancement helps students translate what they are studying in our classrooms to their future careers. Career Advancement counsels students through individual meetings and larger pre-professional programs, the UChicago Careers In programs. There are eight different UChicago Careers In programs that cover sectors ranging from business and law to health professions and journalism, arts, and media. Additionally, Career Advancement connects students with over 1700 Metcalf internship opportunities - fully funded internships across a range of industries that are only available to UChicago students. Students also enjoy a highly successful Division III sports program; a small but active Greek life community; over thirty-five student theatrical productions a year; a rich music scene; and extraordinary opportunities in politics, music, theater, commerce, and neighborhood life in the city of Chicago.The University's Financial Aid program is extraordinary thanks to the new No Barriers program. No Barriers is a comprehensive plan to increase access to college, support students as they receive an empowering education, and prepare them for lifelong professional success. Families who apply for financial aid do not have to pay a college application fee to UChicago. All of UChicago's need-based financial aid comes in the form of grants and scholarships, which do not need to be repaid. No loans are included as part of financial aid packages at the University of Chicago.University of Chicago - CollegeData College ProfileQuestions | Noodle University of Chicago Studentskatherine16, University of Chicago '16 Aug 12, 2015Everyone is so smart and so interesting. People really care about learning, about the things they're doing, and about each other. I constantly feel challenged and motivated to push myself harder. There's a crazy amount of opportunities and professors/advisers/Resident Heads want to help you every chance they can.Admitsee student at University of Chicago, University of Chicago '17 Aug 12, 2015The core curriculum, size, resources, and values are aspects of UChicago that I find most appealing. To me, the Core seems to provide a common language that unites a unique mixture of students. I enjoy interacting with students who are passionate about subjects that differ from my own interests, so surely Core disciplines would be some of my favorites. Moreover, I admire the core curriculum itself "eager to indulge in a rich foundation of knowledge." The medium sized student body also fits my ideal college experience: just large to meet new people, but small enough to see familiar faces. Additionally, Chicago is my favorite city in the United States, which is peculiar considering I live thirty minutes outside Manhattan. When I visit family in the Windy City, I relish the friendly Midwestern mentality and the deep-dish pizza. Since my perfect college experience includes a stimulating nearby city, UChicago is ideal. In terms of academic resources, I plan to major in Public Policy on the Pre-medicine track both of which the College is distinguished for. In fact, I hope to engage in undergraduate public policy research, concentrating in urban healthcare allocation. Finally, the University's values, such as involvement in surrounding community, appreciation of humor, and holistic approach to academics, resonate with my own beliefs.jasonzhao3, University of Chicago '18Aug 12, 2015The students here actually genuinely love learning, and will discuss pretty intellectual topics casually. I have heard a ridiculous amount of Marx or Durkheim themed jokes. The school has a definite sort of 'quirkiness.' The housing system is also great in that you enter college with an already existing network of supportive students. It's like having a college family with its own strange quirks and traditions. The city of Chicago is also just great and offers many unique opportunities and sights to see.DeltaXue, University of Chicago '17 Aug 12, 2015This school is so ridiculously quirky in every fashion possible. First the architecture: the quad looks like it came straight out of 18th century England or something, yet we have buildings that look like some futuristic setting (see Booth School of Business or Renee Granville-Grossman). It's a wonderful mix and I appreciate the beauty of the juxtaposition. It's also a really small campus so everything is very lively a lot of the time. Smaller college wide traditions include $1 Milkshake wednesdays (YES THE BEST), Lascivious Ball (semi-naked dance party sponsored by the college!), Kuvia ( get up at 6am every day to go do sun stances, though I already do that for crew, and earlier), and so much more. Culture is wonderful at this school, but there are those that choose to not participate in it and are locked into their work. I don't believe them, and I don't respect them because they choose to not participate in said events. They will be the people telling college students in the future to enjoy the moment because they did not themselves. Seriously, enjoy college culture.aros888, University of Chicago '17 Aug 12, 2015It's very nice to have a city school, for one. There are so many opportunities for internships, work, etc. For UChicago more specifically, I very much enjoy the common core. There are a large number of required classes (though you can pick among a set of options), generally concentrated around the "common" readings of great works, from people like Plato, Aristotle, Bacon, Descartes, Hume, Kant, Nietzsche, Durkheim, etc. It's not work that will directly apply to anything you do, but the critical thinking and writing skills you gain are useful, and the actual work is very interesting.Fifty Years of Clinical Legal Education at Chicago LawBest Law Schools#1 Yale University New Haven, CT#2 Tie Harvard University Cambridge, MA#2 Tie Stanford University Stanford, CA#4 Tie Columbia University New York, NY#4 Tie University of Chicago Chicago, IL#6 New York University New York, NY#7 University of Pennsylvania Philadelphia, PA#8 Tie University of California—​Berkeley#8 Tie University of Michigan—​Ann Arbor#8 Tie University of Virginia Charlottesville, VABest Business Schools#1 Harvard University Boston, MA#2 Tie Stanford University Stanford, CA#2 Tie University of Chicago (Booth) Chicago, IL#4 University of Pennsylvania (Wharton) Philadelphia, PA#5 Tie Massachusetts Institute of Technology (Sloan) Cambridge, MA#5 Tie Northwestern University (Kellogg) Evanston, IL#7 University of California—​Berkeley (Haas) Berkeley, CA#8 Tie Dartmouth College (Tuck) Hanover, NH#8 Tie Yale University New Haven, CT#10 Columbia University New York, NY#1 Harvard University Boston, MA#2 Stanford University Stanford, CA#3 Tie Johns Hopkins University Baltimore, MD#3 Tie University of California—​San Francisco#3 Tie University of Pennsylvania (Perelman) Philadelphia, PA#6 Washington University in St. Louis St. Louis, MO#7 Columbia University New York, NY#8 Tie Duke University Durham, NC#8 Tie University of Washington Seattle, WA#8 Tie Yale University New Haven, CT#11 Tie New York University (Langone) New York, NY#11 Tie University of Chicago (Pritzker) Chicago, IL#11 Tie University of Michigan—​Ann Arbor#14 University of California—​Los Angeles (Geffen)#15 Vanderbilt University Nashville, TN#16 University of Pittsburgh Pittsburgh, PA#17 Northwestern University (Feinberg) Chicago, IL#18 Tie Cornell University (Weill) New York, NY

In about 10 months' time, how should I prepare for JEE Advanced 2017?

Preparing for the JEE exam will be one of the most rewarding things for your career and days to come. Having strong basics in Physics, Maths and Chemistry can really open up a lot of avenues for you in the future.More than preparing for JEE exam, think about these 2 years (or 1 year?) as your foundation stone towards a brighter future in terms of better grades during your Engineering College, Interviews for high paying jobs, Higher Studies – the list is endless.The JEE main and the advanced examination has evolved over the past many years.How to start your JEE Main & Advanced 2017 Preparation?I have divided this entire post into 11 different parts.1. Time ManagementEven before I go into tell you about how you should prepare yourself for the Maths, Physics or Chemistry, you need to pay attention to this – Without time management no magic is going to help you reach your goals, which is All India Rank 1!Time – nothing is more precious than this!Realizing this fact of planning, we can make time our friend rather than making it our foe. Always remember – “You need to work smarter in addition to working hard”There is a difference between sitting with a book 18 hours a day and actually studying 18 hours a day. And you don’t want to sit with a book 18 hours a day you need to put your time to good use as it is limited.managing your time over the next 2 years / or 1 year is the most crucial thing that you need to focus on. Not only this, you also need to manage the time during the mains and Advanced exam.Here are the 5 key mantras of Time Management for JEE Exam Preparation:a) Complete the most important tasks first – Studying that one chapter in say, Organic Chemistry is more important now than checking out what is the latest movie release or iPhone game on the block.Once you have done the important task first, you will have a sense of accomplishment and that will lead you to the next important task.b) Learn to Say NO to friends & family – I am not saying you cut yourself off from your friends or family while you prepare for the JEE. There will always be that friend who tried to distract you from your preparation, tell them a polite NO!You can be a jedi, but dont try hard to be one!Friends and family are always going to be around but if you lose these valuable two years of preparation, you are not going to get this time back either. So, you decide!Parth Kothari, IIT Bombay, AIR 11 in JEE Main says, “I knew that if spent too much time with friends, then I could not make it to IIT Bombay ever. I know people felt that I am avoiding them but the news of my success must have made them proud”.c) Don’t procrastinate and aim for incremental improvement. My friend Atul was a genius in Maths but he could not clear IIT JEE because he use to postpone studying other subjects like Inorganic Chemistry.Law of 1.01 – Incremental improvementAbove image is a great analogy of Incremental improvement. It is called the 1.01 Law:When we put that out 1% more effort every day, our progress can grow by 3800% in one single year.When we slack off 1% every day, we do not progress, rather we push ourselves to failure!If you do not like a subject then do not waste time by postponing it, take baby steps towards studying it and gradually you will become a master!d) Turn important tasks into habits – There is a well known theory that for any task to become a habit you need to do it for 21 days at stretch, and it will eventually become a habit – be it a good habit or a bad habit.Make it a habit of revising important formulae and concepts in the morning, especially those which you studied the previous day. Follow this tip and it will work wonders.Harsh Singh (IT BHU 2006) told once that he was having a hard time memorizing reaction reagents in Organic Chemistry. He was frustrated as he could not remember any reactions and their reagent effects. But he was determined to succeed.Instead of losing hope, he would daily spend 30 mins at night before sleeping and 15 mins after the woke up the next day to just go through his reagent notes. This was so helpful for him that he not only topped the Organic Chemistry part test of FIITJEE but also cleared IIT JEE with a good rank.e) Set a time duration to everything you do – Our brain is a funny object! If you tell it that you have just 1 hour to study a chapter, it will give you reverse feedback and make sure that you finish it in not more than an hour.However, if you set aside 4 hours for something that could be done easily in 1 hour, our brain will be slow in that process and it will end up making you take those 4 hours to complete the task – what a waste of time.***2. Follow a Schedule, Make a PlanMake a To-Do ListRemember, I told you about making a habit in the last point. Right from tomorrow, when you get from bed, make it an habit to spend 15 – 30 minutes to plan your day.Planning your day will set the fact in your brain that you have X number of tasks to complete and thereby you will waste much less time. See, how time management and planning your day are so related!Here is how you can plan your day in 7 easy steps:2.1. First, get a calendar, a dairy and a pen – to make a planner to routine up your time. You could also use mobile apps like Wunderlist.Always remember you have to utilize every bit of time you have got. Check your dates and make an organized plan for your upcoming preparations which is going to save a lot of time of yours, after all time is our personal asset we can’t waste it right?Eliminate the wastage of time from your schedule like watching movies, sticking to your phone for a long time etc. And you will see that you are gaining control over your time easily.2.2 You have to wisely plan your schedule. You have to mark your priorities first the work you cannot skip like lunch, classes and seminars.2.3 Point out a long time of your day for studying which will be your main job for these days. You will be mostly busy during the day with School, Classes – so allot time for after evening for your self-study.Take a short break period between every other subject you study and a little for reviews.2.4 Your Health and fitness are crucial for a good preparation. Keep some time aside for yoga or exercises which will reduce your stress and help you to relax.Find out time to play or exercise daily2.5 Plan your activities wisely as well as logically like, take a copy of your notes with you whenever you visit cafeteria. You can use note taking mobile apps as well.2.6 Sometimes when you fell sleepy between your schedule don’t just lie down and let yourself fall asleep instead take a break and walk to the library. Power naps are something that you might consider, though.My friend RAGHAV gave me a great tip about sleeping during these rigorous JEE Preparations. She said she slept for 6 hours at night, then 1 hour in the mid morning and 1 hour after coming from school. Here is what her sleep schedule looked like:10pm to 4am – 6 hour sleep8am to 9 am – 1 hour sleep5am to 6am – 1 hour sleep2.7 Don’t rush to study all the time instead get enough sleep which will refresh your mind and body and will help you to work more effectively.Sleep Well, Sleep Tight!I cannot stress the importance of planning your day more. It is the most important thing.***3. Know the syllabus and the exam pattern well (including weightage)The JEE Main and Advanced Syllabus is vast and in order to get a very good rank you must make sure that you go through all the 3 subjects and have almost equal command over all of them.You should study all the important topics first and then solve ample problems in order to gain mastery over them. Certain topics in the JEE Main & Advanced syllabus has more weightage over others, so laying more stress on these important topics will help you score more marks in the actual exam and thus fetching you a top rank!The tough topics obviously have more weightage so without any concession you ought to study them properly. Also, this would let you divide your time well in advance among the various subjects.Before you start your preparation you must go though the LIST OF MOST IMPORTANT TOPICS Apart from these you should also study the Expected chapter weightage in the JEE Main syllabus which can be found ANYWHERE ON INTERNET .Paper pattern for Online & Pen-Paper JEE Main Exam:Objective type question with multiple choices – 4 marks for correct answer, -1 mark for wrong answerEqual weightage to all 3 subjects – Physics, Chemistry & MathsTotal time duration – 3 hours***4. Coaching Classes – Online or Offline?Coaching classes are a crucial part of your JEE Preparation. Be it Main or Advanced, having crystal clear concepts will always help you in scoring high and getting that extra edge over others in the exam.Back THEN IN 2000, JEE aspirants all across India had access to only physical coaching centers. It used to be the best option to prepare for JEE exams back then. But now you have access to study materials and lectures right at your finger tips, thanks to the online revolution in India.According to some STATS, 45 – 50% students are now opting for Online Coaching classes as compared to the physical media such as coaching classes and study centers.Let us quickly go over the pros and cons of both these types of coaching classes.Advantages of Online Classes for JEE:Study at your own paceRefer to video lectures over and over againStudy from the comfort of your home, no need to travel to the coaching centersTrack your progress easily using online toolsAsk multiple questions & doubtsOnline study groups promote quick interactionDisadvantages of Online Classes for JEE:No face-to-face interaction with other studentsEasy to lose track get lost in the overwhelming syllabusAdvantages of Offline Classes for JEE:Direct interaction with the teacherInteraction and networking with fellow studentsSet schedule for going through different topicsDisadvantages of Offline Classes for JEE:Can’t ask lot of doubts to the teacher owing to time limitationsTraveling to and from the coaching institute will make you tired and is a big waste of timeWhatever it is, in both the media of coaching, the student, that is you have to devote time separately for self-study. After learning new concepts in the coaching class, you must try to apply these concepts and solve ample problems.Prof. Raman Khanna who is a well known figure in JEE coaching thinks that students can benefit by joining either mode of coaching – online or offline. Since the exam is very competitive, it is recommended that you join atleast one form of coaching. Although, it is not uncommon to find JEE top rankers who did not take any coaching at all and did just self-study.***5. Study concepts, solve problems, look at solutionsNo matter how many coaching classes you join or how many more study materials / books you buy, you have to spend time studying these materials and lecture notes.Self-study is one of the most important aspects of your JEE Main & Advanced preparation.The more time you devote towards clearing your concepts in various topics of Physics, Chemistry and Maths – the better are your chances of getting a top rank in the JEELay more stress to those important topics in the three subject which carry the most weightage.NCERT books are a must of starting and finishing your JEE Preparation. You can also refer to ADDITIONAL BOOKS and strengthening your fundamentals.Now comes the most important part after you finish studying – problem solving and concept building. You should solve as many problems as you can after going through a topic. The more you practice, the more your foundation becomes stronger.Looking through solutions is a good way to learn different methods of solving questions. But you should refer solutions only after you try the question sincerely as your first attempt.Group StudyStudying in groups can be another effective way to study, provided you find the right partner to study with. Studying in groups can also accelerate your JEE preparation and you can see yourself achieving more in less time.Sankalp Gaur – AIR 1 JEE Main 2015 said that in addition to studying 3 hours at coaching classes, he also used to study 6 hours more at his home (Self-Study).***6. Solve previous years’ papersAlways remember, there is nothing called a new question. The JEE Main or Advanced examiners have to test students year after year on the same concepts in order to establish the credibility of the student as to whether or not he or she is capable of making it to the IIT or NITs!And, questions do repeat.More than that, solving previous year’s JEE question papers help you understand the mindset of the teachers and professors who actually set these questions for the Mains or Advanced exam.Apart from this, you get additional confidence by solving questions that had appeared on an actual JEE Exam which is a testimony to the fact that you will be able to tackle similar problems in your JEE exam pretty easily.“Concepts never change, problems change.”7. Take time-bound practice test series“Practice makes a man perfect” – is a very old saying that is valid in any field of life. You want to be a good singer? You need to practice a lot first!Same applies to your JEE preparation. The only way you can work your way through to a top rank in the JEE Main or advanced exam is to practice a lot.The practice makes you perfect quote is actually BACKED SCIENTIFICALLY.Our brain has a special type of brain tissue called myelin, that plays a key role in helping us acquire and master skills. It has been proven in a research that any neural activity in the brain that has been induced by practicing something, causes the growth of Myelin – the very tissue that helps us master something.But, note that practicing blindly won’t cut it. You have to practice those problems which test your concepts in a challenging way. Vince Lombardi, world famous American Football player and coach, once said – “Practice does not make perfect. Only perfect practice makes perfect.”Practicing daily is very important for your entire JEE Preparation.Apart from practicing single questions you should also take full length time-bound part tests to gauge your progress and also work on your speed – like how fast you can solve a problem and how well you can finish your exam in time.You should also join an All India Test Series to test yourself against 10,000 other smart students on an all India level. This will help you find out where you stand in reality – what all topics you are weak in and where you need to work harder.However, remember to practice both tough as well as easy problems. Don’t get carried away trying to solve just the tough ones***8. Follow the toppers, find a Mentor – “you become whom you hang out with”This is a well known fact that “You are the Average of the 5 People You Spend the Most Time With”. So, you want to get All India Rank 1 in JEE Main or advanced? Then hang out with people who have been there and done that before.You want to score the highest marks in your JEE Exam? You should probably be friends with the students who are otherwise famous as “toppers” or “bond”.If they do not think you are worthy of their friendship then do not lose hope, do something good for them – like complement them for their hard-work and knowledge, praise their efforts and let them know about your desire of getting helped! Keep yourself at it, they are surely going to change their waysFinding yourself a great mentor is something that you should do right away. Students who have cleared JEE Main or advanced or IITJEE in the past are usually very helpful in guiding their juniors at clearing the exam.5 things that a mentor does for you!Benefits of having a mentor are many fold, such as:You will not have to waste time trying to study a topic which you gradually find out that it has very less weightage. A mentor can tell that to your right awayMotivation is another reason why you should have a Mentor. You will always remain motivated by hearing stories about your mentor as to what all he / she does at IIT or what they are currently doing after graduating from IIT.***9. Health is wealthThe most crucial factor in your entire JEE Main exam is nothing but your health. If you stay healthy throughout the entire 1 or 2 year preparation period for JEE up to the actual exam date, then you can expect the best rank provided you gave your best on the final exam.If you are not healthy, you will come across so many distractions that your preparation will not be as effective as it would have been otherwise.Eat properly and like I mentioned once already – get proper sleep. Don’t go to bed right after having dinner. Make sure you give your self 90 minutes to 2 hours after dinner and before calling it a night.Here are some proven health tips that you might want to keep in mind:Take out 30 mins to 45 mins from your schedule to do some light exercise or play games like Badminton, football or cricket.Take bath regularlyEat more green leafy vegetables and proteinsDrink enough water regularlyAvoid processed food like chips, soft drinks, kurkure etc. These can be consumed once in a while.***10. Limit Distractions like Whatsapp, Facebook, InstagramWith so many online portals these days like Facebook, Whatsapp chat, LinkedIn and Instagram – it is very easy to waste time and completely get lost in them. These distraction can negatively affect your preparation and let you down in a Big way.Although Facebook Groups are an effective way to keep in touch with 1000’s of students preparing for JEE Main & Advanced but you should make sure that you limit your usage of these platforms to a bare minimum every day.11. Retrospect your dayAfter you have finished studying for the day, spend 10 – 15 minutes thinking what have you achieved during the entire day. Lay stress on things like:Where did you waste your time most?How can you optimise your time better for tomorrow?Could you achieve your plan for the day?If not, how can you tweak your timings to study more effectively?Thinking about things like these will not only help you keep your preparation in check , it will also help you in the long run to become an organised individual!

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