"When in doubt, observe and ask questions. When certain, observe at length and ask many more questions."
Created this thread as a one stop solution for all members so that all the doubts wherein any conceptual clarification is required can be solved here.
@Casablanca NITI snt a dept so can advise on evey othr issue.
Yes@Agog , but here in the article niti is given specifically the work to identify the PSUs for disinvestment.
However the article also says - the identification is now jointly by DIPAM and NITI.
https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-new-strategic-disinvestment-process/articleshow/71445908.cms#:~:text=While%20presently%20PSUs%20for%20strategic,for%20strategic%20disinvestment%2C%20they%20said.
My confusion is, for a question like the one below, what should be the answer -
Q.22) Which of the following has been mandated to identify PSUs for strategic disinvestment
a) Department of Investment and Public Asset Management (DIPAM)
b) NITI Aayog
c) Cabinet Committee on Economic Affairs
d) Union Ministry of Commerce
Yeah now it has changed. Previously, for minority stake it was done by DIPAM and for strategic it was done by NITI and finally approved by CCEA.
The answer given is d. Shouldn't it be c?
Which one of the following is incorrect regarding ‘Perpetual bond’, sometimes seen in the news?a) It is a bond with no maturity date.b) It is listed on stock exchange in India.c) The issuer doesn’t have the liability to return the principal.d) It is a debt instrument issued by large corporates and banks.
The answer given is d. Shouldn't it be c?
There are only interest payments on perpetual bonds. Principal is not payed. They were previously used by governments to finance wars.
Since principal is not payed, they are not considered debt instruments. It is similar to equity.
a) Are there any sites which have a combined calendar for all State PCS exams in one place along with notification updates as and when the advertisements are announced for each state? Or does one have to check for each state individually?
b) What are the other exams UPSC aspirants take during the course of their preparation with the primary focus on UPSC Civil Services examination?
Thanks a ton if you could find the time to answer this question!
Yes it is a swap agreement but it does involve buying and selling(if buying now then will have to sell at a later date and vice versa).
The statement 1 is correct in the sense lets say there is a dollar shortage in forex market due to increase in demand. Now there is also high deposits prevailing with the banks in the economy. Now what RBI will do is that it will swap these deposits with the dollar. It can also be said that the RBI is selling the dollars to the CBs. The selling of dollars by the RBI will lead to increase in dollar supply in the economy/ forex market.
Coming to the second statement, the statement just says Forex will increase. How will the forex increase? Who is or will pump new forex in the economy? The cumulative forex of India is going to remain same no? Had the statement mentioned that RBI’s forex will increase then toh we could have said for sure that yes it is 100% correct. But the statement says that forex will increase. How will it increase? Think and let me know too.
Someone else forwarded me this question. I have requested for the solution too. I’ll share as soon as I’ll get it.
Hi! I’m finding the vision tests to be too difficult and sometimes the questions are just too obscure. Do I have company? Or I’m the only one.
One test after another is serving to be a major blow to my confidence. I’m thinking of skipping the sectional tests and attempting FLTs. Is it a wise move? Please help!