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Banking Drive

Banking Drive: All You Need to Know About BASEL III Norms

Dear Aspirants, In order to boost your score in General Awareness section and also to help you with interview preparation for the upcoming Exams we are here with a new initiative Banking Drive. Here we are posting an article on BASEL-III norms. I hope this [...]


Creative Guidance – Life is always a step ahead of you – Inspirational & Educative Articles

Life is always a step ahead of you :  The whole journey of life is a process of catching up with something that was never there in the first place. What you are trying to reach always seems to be just out of reach. Very [...]


Creative Guidance – Don’t let that child inside you die – Inspirational & Educative Articles

Don’t let that child inside you die: What happens to that wide eyed wonder and amazement as we grow up? What happens to that child within us as we grow up? What happens to simplicity, curiosity and creativity as we grow up? Growing up is not [...]

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

this is an old article: new article with more details= given on separate page, click me Preparation Status:Reality Check The 100 Days Strategy Plausible Strategy Quantifiable Strategy REACHING THE PRIME THE FLOODS of readymade Material THE CLAIMS AND ADVERTISEMENTS REAL NIGHTMARE: Not YET To those [...]

[Consolation Prize] To those failed in Interview stage of UPSC 2011 or 2012: Ministry of Youth Affairs got jobs for you in pay band 3

@To those who reached upto interview stage in UPSC civil service exam 2011  or 2012 but couldn’t make it to the final list- Here is a good news: Ministry of Youth Affairs and Sports has got 45 vacancies in District Youth coordinator post (Pay [...]

[IBPS PO/MT] You can apply without 60% in graduation, without computer certificate or above 28 age

This is not an article, just a reminder/update for those who’re unaware- IBPS has removed the ceilings about Graduation percentage, upper age and computer literacy for the PO/MT exam. On 22nd July 2013, IBPS changed the original notification click me and accordingly to the latest [...]

Discuss in detail the measures you would suggest for increasing the Productivity of resources. Or Write a detailed note on increasing productivity of resources. Or How can an organization firebase the productivity of resources? Write in brief

Ans. To increase the productivity of resources means, getting more number of goods from the same amount of resources. (i) Material - Materials must be used in industries to get good productivity. Industries in which the cost of raw material is a big percentage . [...]

What do you understand by production system ? Explain the various types of production and explain their advantages and disadvantages.

Ans- Advantages - (a) This type of production needs less money and easy to start. (b) Because of flexibility, there .is no chance of failure of factory due to the reduction of demand in particular field. (c) There is no managerial problem, because of very less number of [...]

What do you mean by job or unit production ?

Ans. Job production is the manufacture of products to satisfy specific customer requirements of special orders. The quantity involved is small, generally "one off' to several off, and is normally concerned with special projects, models, prototypes, special machinery or equipment to perform specialized and [...]

What are different types of cost ? How would you calculate the cost of a finished product?

Ans. Fixed or constant costs are the part of the total cost of the firm which does not vary with output, for example, rent of land and buildings, expenditures or depreciation, property taxes etc. When the period under consideration is sufficiently long to permit [...]

How would you calculate the cost of a finished product? Define and explain factory cost, manufacturing cost and selling cost. Or How would you calculate the cost of a finished product ? Define and explain prime cost, factory cost and selling cost with an example.

Ans. Cost of Finis need Product- If office and administration overheads are added to factory cost, office cost is arrived at. This is also termed as administration cost, office cost, cost of production or cost of finished product. Factory Cost or Manufacturing Cost- If [...]

What do you understand by micro and macro economics? How will you differentiate micro and macro economics?

Ans. Micro-economics - The term 'micro' means small. Therefore, micro-economics deals with the economic actions of individuals and groups of individuals and firms. This can be stated in another way that microeconomics presents the economic microscopic view of the company. In the words of K.E. [...]