[Results] Prelims 2020 Over - Gearing for 2021
Because of the corona virus issue? If it does not happen then worst affected will be people whose interview is stuck, around 600-700 such people I think are yet to appear for their interview.
@neyawn sir and others, what is your take?
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All are non financial
Invoked Packing credit, letter of credit, Bank Guarantee etc are non financial debt on households. Housing loan is financial debt and has Emi even when moratorium is there , there is a compulsory interest serving criteria. Credit card too has grace period of 50 days and then outstanding amount has to be paid. Treasury bill is not any debt. It is debt on government.
Tetsuko,gauravbrly409
@KratosOfPUBG shankarIAS says only C
I marked that as well lets hope you are right. But take a look at this one
https://en.m.wiktionary.org/wiki/nonfinancial_debt
FDI question
Q.6: What is meant by Foreign Investment, Foreign Direct Investment and Foreign Portfolio Investment?
Answer: Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP.
Foreign Direct Investment (FDI) is the investment through capital instruments by a person resident outside India (a) in an unlisted Indian company; or (b) in 10 percent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company.
Link: https://www.rbi.org.in/scripts/FAQView.aspx?Id=26#Q6
All are non financial
Invoked Packing credit, letter of credit, Bank Guarantee etc are non financial debt on households. Housing loan is financial debt and has Emi even when moratorium is there , there is a compulsory interest serving criteria. Credit card too has grace period of 50 days and then outstanding amount has to be paid. Treasury bill is not any debt. It is debt on government.
Makes more sense than the definition on wikitionary. This question was probably asked due to classification of taxes as operational credit and not financial credit in ibc.
I will recommend you to look up definition of NFD online and then give your opinion. I marked 3 only and i need to know for sure.
FDI question
Q.6: What is meant by Foreign Investment, Foreign Direct Investment and Foreign Portfolio Investment?
Answer: Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP.
Foreign Direct Investment (FDI) is the investment through capital instruments by a person resident outside India (a) in an unlisted Indian company; or (b) in 10 percent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company.
Link: https://www.rbi.org.in/scripts/FAQView.aspx?Id=26#Q6
But this investment is not limited to listed companies you can set up a new unlisted company and it will still be fdi.
The question was about which of the first two statements attract most fdi.
Both statements are correct on their own as both kind of fdi comes in india. The question was about which one is more
gauravbrly409,
@Tokyo from where do you check COMPREHENSION questions bhai?
Bhai youtube videos ..alot of confusion....answer vary according to videos...so I consider them wrong in order to be on safer side
@Tokyo from where do you check COMPREHENSION questions bhai?
Bhai youtube videos ..alot of confusion....answer vary according to videos...so I consider them wrong in order to be on safer side
But safer side karte 70 marks reh gaye..now I m scared
@Tokyo from where do you check COMPREHENSION questions bhai?
Bhai youtube videos ..alot of confusion....answer vary according to videos...so I consider them wrong in order to be on safer side
But safer side karte 70 marks reh gaye..now I m scared
This is my last attempt...will be my
6 mains in a row
Bhailog what is the answer of
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Shanker,@KratosOfPUBG Overthinking and too much research leads to unnecessary worry trap in upsc. Your ans is 100% correct.
Thanks man. Was getting about 105. Add 2.66 if this one is correct. Let's see what the result says.
One thing is for sure, the sadistic people who set the question paper do their research on coaching materials and leave a lot of room for guessing so that hard working people are scrued.
gauravbrly409,
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