Sixth Bi-Monthly Monetary Policy Statement for financial year 2017-18.

Sixth Bi-Monthly Monetary Policy Statement announcement, the policy rates and reserve ratios are as follows:

Policy Repo Rate	6.00%	Unchanged – since 2ndAugust 2017
Reverse Repo Rate	5.75%	Unchanged – since 2ndAugust 2017
Marginal Standing Facility Rate	6.25%	Unchanged – since 2ndAugust 2017
Bank Rate	6.25%	Unchanged – since 2ndAugust 2017
Cash Reserve Ratio (CRR)	4.00%	Unchanged – since 9thFebruary 2013
Statutory Liquidity Ratio (SLR)	19.50%	With Effect from 14thOctober 2017

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List of joint defence exercises of India with other countries

Indian Navy Joint Exercises

• Varuna naval exercise is joint exercise of navies of France and India.
• SLINEX.-Sri Lanka India Naval Exercise 
• INDRA is a joint, bi-annual military exercise conducted by India and Russia
• Exercise Malabar is a bilateral naval exercise involving the United States and India.
• Simbex - Indian Navy with Republic of Singapore Navy
• IBSAMAR with the Brazil and South African navies.
• KONKAN - A bilateral Naval Exercise between Indian Navy and Royal Navy of Britain
• AUSINDEX-Indian and Australian Navy Bilateral Maritime Exercise
• Sahyog-Kaijin -Joint exercise of Coast Guards of India and Japan
• Naseem Al Bahr - Joint navy exercise of  India and Oman

Indian Air Force Joint Exercises

• The joint India-UK air exercises are known as the “Indradhanush” or “Rainbow”.
• Garuda- India-France Air Exercise 
• Avia Indra  the India-Russia maiden aerial exercise.
• Exercise Red Flag -Between Air Forces of India and the U.S.
• Siam Bharat -Indian Air Force and Royal Thailand Air Force
• Desert Eagle-  India and  UAE
• Eastern Bridge - India-Oman bilateral air exercise

Indian Army Joint Exercises

• Mithra Shakti exercise- India and Sri Lanka.
• Hand-in-Hand. -India-China joint military training exercise 
• Exercise Shakti - India and France armies
• Exercise Nomadic Elephant- Indian Army exercises with the Mongolian Army.
• Exercise Yuddh Abhyas -Joint exercises between the Indian and United States Armies since 2005.
• Surya Kiran - India Nepal joint military exercise
• LAMITYE- India and Seychelles
• Prabal Dostyk - India Kazhakhstan Joint exercise
• Al-Nagah- Joint military exercise between Indian and Oman
• Ajeya Warrior - India and UK
• SAMPRITI - India-Bangladesh joint military exercise
• AUSTRA HIND - Australia and India
• Khanjar -  between India and Kyrgyzstan

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PNB Scam- INR 11500 crore fraud

Q1Who is Nirav Modi?
Nirav Modi was ranked 57 in Forbes India's Richest People List 2016, with a net worth of $1.74 billion. He founded Nirav Modi chain of diamond stores across the globe, including Hong Kong, Macau, Kula Lumpur and Malasia, under parent company Firestar International. Famous for his glitzy style of branding, his designs have been worn by 'Hidden Figures' star Taraji P, Dakota Johnson, Kate Winslet. Bollywood's very own Priyanka Chopra and actor Sidharth Malhotra were brand ambassadors for his jewellery line.

Q2. Who is Mehul Chinubhai Choksi?
Mehul Choksi, the Managing Director of ‘Gitanjali Gems’ and also the maternal uncle of Nirav Modi

Important terms:-

1. Buyer’s Credit - Buyer’s credit is a short term credit raised by Importers from overseas lenders in USD at low interest rates to deploy their working capital requirements. The overseas banks usually lend the importer (buyer) based on the Letter of Undertaking (a bank guarantee) issued by the importer's bank 
2. Letter of Undertaking (LoU) - It is a guarantee given by a bank branch located in India to a bank situated overseas that it would meet the liability if the borrowing firm defaults. They are usually backed by collateral(security) or Cash margin. LoU to foreign banks are sent through SWIFT.
3. SWIFT - Society for Worldwide Interbank Financial Telecommunication. It is a network between banks worldwide which enables one bank to make payments or to send information about a financial transaction to another.

What is the scam:-

On 14th Feb’s morning, PNB made a startling revelation to various Stock Exchanges that it has detected a colossal fraud worth Rs 115 billion (Rs 11,500 crore) in one of its Mumbai branches which has been defrauded by jeweller Nirav Modi, his maternal uncle Mehul Chinubhai Choksi, and other relatives through some firms they own with the help of the bank employees.

Two employees of PNB Mumbai Branch issued LoUs in a fraudulent manner and instructed overseas banks to pass on Buyer’s Credit to three firms of Mr. Nirav Modi, without proper collateral & due diligence.The LoUs sanctioned carried monetary value of around INR 11500 Crore.

Now since PNB has issued LoUs (which are like a guarantee), they would have to pay back the entire amount which the Nirav Modi’s firms availed as buyer’s credit, in case they(the firms) fail to do so. So the entire Rs. 11500 Crore will now lie as Contingent Liability in the books of PNB.

How it was executed:-

PNB employees misused the SWIFT network to transmit messages & the LoUs to Hong Kong branch of Allahabad Bank, Axis Bank, and Union Bank of India bypassing the bank’s internal record system to avoid detection by not recording them in PNB’s core-banking system (CBS).

Hong Kong branches of the respective banks then lent USD to Modi’s firms based on the terms of the SWIFT message they received from PNB - Mumbai. Modi’s firms used the Buyer’s Credit to settle import bills & laundered the major proportion of Money. Now since all the 3 Firms have defaulted, it becomes liability of the PNB to settle the claim.

How PNB Suffers after this scam:-

• Share Price of PNB - After continuous fall for the fourth day straight, the shares of Punjab National Bank (PNB) recovered .4 per cent (55 points up) to Rs 117.05 
•   Bank’s Recapitalisation plan - A huge damage will be done to the Recapitalisation plan under which govt. had announced to inject INR 2.1 Lakh Crores into PSU Banks for their revival. Since the major part was to be received by the PNB, it will now raise several questions before the govt.

What actions were taken by PNB,CBI,Govt.:-

• The CBI booked billionaire diamond merchant Nirav Modi, his brother Nishal and wife Ami, and business partner and maternal uncle Mehul Chinubhai Choksi on February 5 for allegedly cheating Punjab National Bank of over Rs 280.7 crore during 2017. All of them were partners or linked with Nirav Modi's companies, Diamon R US, Solar Exports, Stellar Diamonds, and allegedly conspired with PNB officials to cause 'wrongful loss
• CBI arrested Vipul Ambani who worked as the president (finance) of Nirav Modi's Firestar Diamond.
• The ED searched Nirav Modi's Mumbai residence at Samudra Mahal apartments in Worli and seized fresh assets worth Rs 22 crore, taking the total seizure to Rs 5,716 crore as raids continue across the country. Stores and facilities of Nirav Modi's company across the country have been raided to find evidence in the case. 
• The CBI has questioned around 13 officials from PNB, of which one is General Manager Rajesh Jindal who was in-charge at the Brady House branch of the PNB in 2011.

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Monthly newspaper vocab- Part-3

1. Botch:-to do (something)  badly  : to  ruin(something) because of carelessness or a lack of skill
Examples:-
(a)The store botched the order—I received only half the books I paid for.
(b)They clearly botched the investigation.
Synonyms: blow, bobble, boggle, bollix (up), boot, bugger(up), bumble, bungle, butcher, dub, flub, fluff, foozle, foul up, fumble, goof (up), louse up

2. Ire:-intense anger
Examples:-
(a)He directed his ire at the co-workers who reported the incident.
(b)the patronizing comment from the snooty waiter roused her ire

3. Hunch:-(a)to bend your body forward and down so that your back is rounded
(b)to raise (your shoulders or back) whilebending your head forward especially to hide or protect your face
(c)a belief or idea about something(especially a future event) that is not  based  on facts or evidence
Examples:-
(a)He hunched his shoulders as he headed out into the storm.
(b)he hunched next to a bush to avoid being seen
(c)My hunch is that the stock is going to go up in value.

4. Smorgasbord:-(a)a meal with many different foods that are placed on a  large  table so  that people can serve themselves
(b)a large mixture of many different things
Example:-
Every day the director has to first deal with a smorgasbord of problems before he can begin filming
Synonyms: agglomerate, agglomeration, alphabet soup , assortment,  botch,  clutter,  collage, crazy quilt,  farrago,  gallimaufry,  grab bag , gumbo,  hash,  hodgepodge, hotchpotch

5. Vouchsafe:-to give (something) to someone as a promise or a privilege
Example:-
He vouchsafed the secret to only a few chosen disciples.
synonym:-grant

6. Trounce:-to defeat (someone or something) easily and thoroughly

7. Citadel:-a castle or fort that in past times was used to protect the people of a city if the city was attacked
Examples:-
(a)We visited a medieval citadel in Italy.
(b)a massive stone citadel continues to command the city of Halifax, Nova Scotia
Synonyms: bastion, castle, fort, fastness, fortification, fortress, hold, redoubt, stronghold

8. Beau:- a woman's male lover or friend
Examples:-
(a)She introduced us to her latest beau.
(b)her new  beau  brought  flowers when he picked her up for their first date
Synonyms: boyfriend, boy, fellow, man, old man, swain

9. Eerie:-strange and mysterious
Examples
(a)The flames cast an eerie glow.
(b) a land of eerie beauty
Synonyms: creepy, haunting, spookish, spooky, uncanny, unearthly, weird

10.Machete:- a large, heavy knife that is used for cutting plants and as a weapon

11. Honey-trap:-a stratagem in which an attractive person entices another person into revealing information or doing something unwise.

12.serendipity:- luck that takes the form of finding valuable or pleasant things that are not looked for
Example:-
They found each other by pure serendipity.

13. Instauration:-restoration after decay, lapse, or dilapidation

14. Rudder:-a flat, movable piece usually of wood or metal that is attached to a ship, boat, airplane, etc., and is used in steering

15. Perch:-to sit on or be on something high or on something from which it is easy to fall
Example:-
(a)pigeons perching on the roof
(b)perched the baby in a basket
Synonyms: land, light, alight, roost, settle, touch down

16. Cordon:-a line of people or objects that are placed around or in front of a  person  or  place  to keep people away
Example:-
A cordon of police kept protesters away  from the building.

17. Recuperate:-(a)to return to normal health or strength after being sick, injured, etc.
(b)to get  back  (money  that  has  been spent, invested, lost, etc.)
Examples
(a)She took a day off to recuperate.
(b)half the office was out today, many employees being sick or recuperating from the flu
Synonyms: come back,  gain,  heal,  mend, pull round [chiefly British],  rally,  recoup, recover, convalesce, snap back

18. Inflict:-to cause someone to experience or be affected by (something  unpleasant  or harmful)
Example:-
(a)These insects are capable of inflicting a painful sting.

19. Jittery:-very nervous
Examples:-
(a)I always get jittery when I have to give a speech.
(b)The latest economic news has made some investors jittery.
Synonyms: fiddle-footed,  flighty,  fluttery,  high-strung,  hyper,  hyperactive,  hyperexcitable, hyperkinetic, excitable

20. Entice:-to attract (someone) especially by offering or showing something that is  appealing , interesting, etc.
Example:-
every commercial seemed to be for some tempting snack specifically designed to entice me from my diet
Synonyms: allure, bait, beguile, betray, decoy, lure, lead on, seduce, solicit, tempt

21. Heartthrob:-an attractive and usually famous man

22. Nebbish:-a timid, meek, or ineffectual person

23. Sumptuous:-very expensive, rich, or impressive
Example:-
(a)the cruise ship claims to offer sumptuous furnishings, exquisitely prepared cuisine, and stellar entertainment
Synonyms: Babylonian, deluxe, lavish, Lucullan (also Lucullian), luxe, luxuriant, luxury, opulent, palace, palatial, plush, plushy, silken, luxurious

24. Rubrics:-(a)a name or heading under which something is classified
(b)an explanation or a set of instructions at the beginning of a book, a test, etc
Examples
(a)the rubrics at the beginning of the  chapters are intended to be humorous
(b)the rubric, popular among jewelers anyway, that a man  should  spend  a  month's salary on his  fiancée's  engagement ring
Synonyms: caption, head, header, headline, heading, title

25. bring someone/something to their knees:-to almost defeat someone, or to make them extremely weak

26. the straw that broke the camel's back:-seemingly minor or routine action which causes an unpredictably large and sudden reaction, because of the cumulative effect of small actions.
Sentence:- I was already fed up with his laziness and insensitivity, but Jim's refusal to come with me to my own mother's funeral was the straw that broke the camel's back.

27. Begrudge:-(a)to think that someone does not deserve something : to regard(something) as not being earned or deserved
(b)to give or allow (something) in a reluctant or unwilling way
Examples:-
(a)She's worked hard to get where she is. You shouldn't begrudge her the success she's earned.
(b)After what he's been through, it's hard to begrudge him the money he has.
(c)You shouldn't begrudge her success.
Synonyms: envy, resent

28. Immolate:-to kill or destroy (someone or something) by fire
Examples:-
(a)a man who immolated himself as an act of protest
(b)a ceremony in which they immolated their cherished possessions so that the gods would send rain
Synonyms: sacrifice, offer

29. Swindle: to take money or property from(someone) by using lies or tricks
Example:-
hundreds of people were swindled out of their savings, and all they had to  show  for it were fake land deeds
Synonyms: beat, bilk, bleed, cheat, chisel, chouse, con, cozen, defraud, diddle, do, do in, euchre, fiddle, flimflam, gaff

30. Chide:- to express mild disapproval of (someone) : to scold (someone) gently
Examples
(a)She chided us for arriving late.
(b)You really should have been here on time,” she chided.
Synonyms: admonish, rebuke, reprimand, reproach, reprove, tick off

31. Behest:-an authoritative order
Example:-
I only made the change at the author's behest.
Synonyms: command, charge, commandment, decree, dictate, direction, directive

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Common errors-How to use articles 'a' and 'an' (part-1)

Vowels:- a,e,i,o,u
Consonants:-All other alphabets excluding vowels

Usage of An:-
1. Before words beginning with vowel sounds 
Example:-
-an apple
-an egg
-an owl

2. Before words beginning with F,H,L,M,N,R,S,X
These letters are not vowels but begin with vowel sound
Example:-
-an M.L.A.
-an R.F.A.
-an N.C.C.
-an officer
-an F.I.R.
-an X-ray
-an H.E. school
-an S.P.

3. Before words beginning with silent 'h'
Example:-
-an honourable man (pronounced as onourable)
-an hour (pronounced as our)
-an honest man (pronounced as onest)


Usage of A:-
1. (i) In the sense of one
Example:-
-He couldn't speak a word to save himself
(ii) With 'one'('one' begins with sound of 'w')
Example:-
- a one rupee note ( where 'one' is pronounced as won)

2. Before words beginning with consonant value 
Example:-
- a boy
- a dog
- a cat

3. With vowel letters having consonant value
Example:-
- a university ( pronounced as yuniversity)
- a unit ( pronounced as yunit)

4. With measurable units and rate(per), amount
Example:-
- He saves rupees six hundred a month
- He sells rice ten rupees a kilo
- Give me a metre length of the cloth

5. In exclamatory expressions before singular countable nouns
Example:-
- What a pretty girl!
- How sunny a day !

6. When two subjects or articles are thought of as a single unit
Example:-
- He was ready with a cup and saucer
- A cigarette is made of a paper and tobacco

7. With certain expressions of quantity
Example:-
- a lot of
- a dozen
- a great deal of
- a couple

8. With a person's name to indicate that the person is perhaps unknown to the addressed
Example:-
- A Mr. Roy is at the door

9. With a special meal (to celebrate something or in someone's honour)
Example:-
- I called Ram to a dinner to celebrate my success

10. To make a common noun of a proper noun
Proper noun:- name of person,place,monuments etc
Common noun:- class of proper noun like car,man etc
Example:-
-The man is a second Newton


Stay tuned for part -2
Feel free to comment below
Thanks

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Shortcut to find last non zero digit of factorials

Hello guys we are back with new shortcut on how to find last non zero digit of factorials

Shortcut:-
LNZ[(10*n)!]=LNZ(4^n)*LNZ[(2*n)!]
Where LNZ=Last non zero digit
              *=Multiplication

Examples:-
Q1 Find last non zero digit of 100! ?
Sol:-Here n=10 ,because{100!=(10*10)!}
=>LNZ[(10*10)!]=LNZ(4^10)*LNZ[(2*10)!]----(1)
Now find LNZ[(2*10)!]
=>LNZ[(10*2)!]=LNZ(4^2)*LNZ[(2*2)!]
                        =6*4=24=4(we have to find                                                     last digit)
Now put the  value of LNZ[(10*2)!] in eq(1)
=>LNZ[(10*10)!]=LNZ(4^10)*LNZ[(10*2!)]
                             =6*4=4

As LNZ(4^Even)=6

So Last non zero digit of 100!=4

Q2. what is the last non zero digit of 110! ?
Sol:-Here n=11 ,because {110!=(10*11)!}
=>LNZ[(10*11)!]=LNZ(4^11)*LNZ[(2*11)!]
=>LNZ[(10*11)!]=LNZ(4^11)*22*21*LNZ[(2*10)!]
=>LNZ[(10*11)!]=4*22*21*4=2

AS LNZ(4^ODD)=4
and LNZ[(2*10)!]=4(Already proved from previous example)

Stay tuned for more such shortcuts
Thanks

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Maldives in state of emergency

Former President-Mohamed Nasheed
Current President-Abdulla Yameen

In Nov 2008- Mohamed Nasheed becomes first democratically elected president of Maldives after the 30-year rule of former President Maumoon Abdul Gayoom.

Mohamed Nasheed's Party Name- Maldivian Democratic party (MDP)

In Feb 2012- Nasheed announces his resignation after a mutiny by the police.

Why did he resigns?

Mr. Nasheed ordered the military to arrest the criminal court judge, Abdulla Mohamed, accusing the judge of acting on behalf of Mr. Gayoom and compromising the fairness of the country’s courts. The arrest, which was widely condemned, prompted the nightly protests in Male

In Nov 2013- Abdulla Yameen defeats Nasheed in presidential election run off and came to power

Abdulla Yameen's Party Name-Progressive Party of Maldives

In Feb 2015- Mohamed Nasheed was arrested on terrorism charges and later jailed for three years

In May 2016- Mohamed Nasheed is granted refugee status in U.K. where he had gone for treatment

In Aug 2016- Arrest warrant issued against Nasheed for failing to return 

currently happening in Maldives:-

What is president Yameen doing?

President Yameen has presided over a crackdown
President Yameen:-
----has systematically alienated his coalition
----jailed or exiled every major opposition political figure
----deprived elected members of parliament of their right to represent their votes 
-----revised laws to erode human rights and fired any officials who refused orders
------Refuse to comply with court order
------sent soldiers to storm the supreme court and arrest chief justice and supreme court judges

What supreme court asks Yameen to do?

Supreme court ordered Yameen:-
------to release nine dissidents
------to restore the seats of 12 legislators
------to release top opposition officials

Miscellaneous:-
The armed forces chief has backed Yameen.The emergency declaration give the forces sweeping powers to detain opponents,and bars parliament from impeaching Yameen
Oppositional supporters scuffle with security officers

What China and india is saying:-

China:-"We believe the Maldives govt.and political parties have the wisdom and capability to deal with current situation on their own"

India:-"We are disturbed by the declaration of a state of emergency following the refusal of govt. to abide by the unanimous ruling of full bench of supreme court and also by the suspension of constitutional rights of the people of the Maldives"

Thanks
Stay tuned for more such posts
Hope you liked it

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Frequently Asked Questions (FAQ) of an interview and How to answer them

Q. Tell me about yourself?

Beware:- about 80% of all interviews begin with this “innocent” question. Many
candidates, unprepared for the question, skewer themselves by rambling, recapping
their life story, delving into ancient work history or personal matters.

Ans:First, I would like to thank for giving me an opportunity to introduce myself.

I'm ____(your name) , I'm from _____(place)

I have completed my____(Highest qualification) from ____(university name) in __________(subject)

I have done training in _______(work) from _______(where)

My short term goal is ____________. My long-term goal is ___________

About my strength:_____________(Strength-Example- I'm honest, quick learner, self-motivated, positive attitude dedicated towards work.)

My weakness is______________(Weakness-Example- feeling discomfort with leaving unfinished work.)

There are _______(Number)  members in my family. My hobbies are__________(Example- playing cricket, listening songs.)

That's all about me. Thank you.

Q. What does your name mean?

Q. Describe two good things and two bad things about your home town.

Q. Describe yourself in just 3 words.

Ans: Example-  Hardworking, loyal, quick learner, well adjust to changes, efficient team player, multi tasking, self-motivated and self-confident”

The answer should also be ground in solid logic and should reference professional achievements.

Q. What is the history of your state?

Q3. What are your strengths and weaknesses?

Ans: Your Strength and weakness

When answering questions about your strengths and weaknesses, always keep the job description in mind. When addressing questions about your strengths, focus on strengths you have that are required for the job. For example, if a job requires a lot of work on team projects, you might say that you are a clear communicator who can work with diverse groups of people

Example.My strengths are -

• I have good adaptability skills
• I am a quick learner
• Ability to perform under pressure
• Leadership skills (mention any event where you led your team to success or successfully organised an event)
• Good at team work

My weaknesses are - 

1. "I tend to overthink on problems. This leads to wastage of time in cases when I reach the same solution as I had before"
2. "I am working on my patience level. I get bored easily."
3. "I am a bit short tempered, specially if someone talks to me indecently"
4. "I am not a good conversation starter."
5. "I am a glutton. I love to eat junk food. Though I know it adversely affects my health"
6. "I lack confidence."

Note: Quote some relevant real life examples that will prove your Strengths and weaknesses

Q.What are you doing to overcome your weaknesses?

Ans:-

• If the interviewer asks, "What are you doing to overcome these?", following could be your answers (for each of above weaknesses respectively) :
1. As soon as I realize that I have devoted enough time to the problem and come up with the best solution I can, I move on and look into other problems. I would say, I have overcomed it 80%.
2. I look forward to the outputs of the work I am doing. I keep myself engaged. If I am very bored, I take a 10minutes break to refresh myself and then resume my work.
   OR
   I work in intervals i.e. I work for 2-3 hours at a stretch and then take a 10-15 minutes break to rejuvenate myself.
3. I am learning anger management techniques like counting in reverse, or not speaking whenever I am angry.
4. I am learning new facts which could act as good conversation starters. I spend more time in socializing so as to learn how to start a conversation.
5. I have set a maximum limit to the amount I would spend on junk food. I am trying to strictly adhere to it.
6. I encourage myself from my previous achievements whenever I feel low.(#copied)

Q. What are you most often criticized for?

Ans. Your weakness

Q. What are your goals?

Ans:Your goals

Example:

:My Short-term goal is Seeking a responsible position in good organisation, which gives me chance to improve my knowledge and enhance my skills.

My Long-term goal is I see myself in good organisation in that position where the company can't afford to lose me.

Q. Why MBA?

Ans: Their is no straight forward ans for this question

Example of how could you answer this question:-

Firstly Describe your short term and long term goals

Then,These 4 good reasons might help you:

1. Better career opportunities

MBA programme graduates have higher chances of obtaining a high-level management position

2. Better consolidated business network

MBA students have good networking opportunities. Due to this type of study you interact in a relevant manner with colleagues, professors and teaching staff. Furthermore, if you are not doing a part-time MBA next to your job you have good chances to meet potential employers through the various internships that most top MBA programme include. Students gain access to the extensive alumni network of that particular MBA programme and of others.

3. New skill and knowledge acquisition

MBA education is usually pursued in a very specific situation by a young professional with a few years of experience and sometimes even by senior employees that feel up for the challenge. After some time in the professional life it is in the human nature to conform to a certain repetitiveness and to stagnate in a comfort zone. This limits your disposition for learning and new skill acquisition, why should I learn something new when what I know works just fine, its safer to stick to what I know best. Studying a Master of Business Administration forces you to get out of your comfort zone, deal with the latest issues, apply the newest management techniques and just constantly challenge yourself, your practices and your approaches. And that will continue after graduation as well, as an MBA also provides you with the channels that will keep this challenge alive and push you to continuously improve.

4. A holistic perspective on the business world

While studying an MBA you become part of a great network of professionals, so you always challenge yourself with the problem-solving issues. These things together give you a great overview of the business world. If you are person that can cope with holding a leadership position, then you are probably a good candidate for an MBA.

Note to Remember:-

Note 1: There is no ideal answer. If there were one, most aspirants would be rejected for parroting it. Have confidence in the fact that you're planning to pursue an MBA for the right reasons and that all will work out for the best in the near future.

Note 2: Money is an outcome of succeeding in your desired career choice. Do you need an MBA for money? Are there not better ways to earn money?

Q. Where do you see yourself Ten years from now?

 Ans: Your answer

Beware:-One reason interviewers ask this question is to see if you‟re settling for this 
position, using it merely as a stopover until something better comes along. Or they 
could be trying to gauge your level of ambition.

Example:

After 10 years, I would like to see myself leading a team of dedicated and motivated employees towards the goal of the company and in the process, I would like to grow as an individual both professionally and personally.

Q. Did you lead any team in college?

Ans: Yes or no

If yes ,then your position and how you fulfill your responsibility

Q. Do you have any role model?or Who inspires you and why?

Ans: your role model that inspires you whole life

Role model can be anyone -cartoon character,your parents,actor,actress,leader etc

Note. You should know everything about that person or character

Beware:-The two traps here are unpreparedness and irrelevance. If you grope for an answer, it seems you‟ve never been inspired. If you ramble about your high school 
basketball coach, you‟ve wasted an opportunity to present qualities of great value to the interviewer

Q. Have you won any prize/ awards?

Q. What are your Hobbies and interests?

Ans. Don't mix your hobbies with interests

Difference between hobbies and interests:

Hobby : You find free time to do xyz

Interest:You do xyz in your free time 

So before describing your hobbies, just do some research over them 

Example :

If your hobby is cricket,then you should know-

What is a over,No of players in a team,length of a pitch,who is striker etc

Q. List down 5 qualities which are important to be a good manager.

Ans:

1. Creativity

Creativity is what separates competence from excellence. Creativity is the spark that propels projects forward and that captures peoples' attention. Creativity is the ingredient that pulls the different pieces together into a cohesive whole, adding zest and appeal in the process

2. Structure

The context and structure we work within always have a set of parameters, limitations and guidelines. A stellar manager knows how to work within the structure and not let the structure impinge upon the process or the project. Know the structure intimately, so as to guide others to effectively work within the given parameters. Do this to expand beyond the boundaries.

3. Intuition

Intuition is the capacity of knowing without the use of rational processes; it's the cornerstone of emotional intelligence. People with keen insight are often able to sense what others are feeling and thinking; consequently, they're able to respond perfectly to another through their deeper understanding. The stronger one's intuition, the stronger manager one will be.

4. Knowledge

A thorough knowledge base is essential. The knowledge base must be so ingrained and integrated into their being that they become transparent, focusing on the employee and what s/he needs to learn, versus focusing on the knowledge base. The excellent manager lives from a knowledge base, without having to draw attention to it.

5. Commitment

A manager is committed to the success of the project and of all team members. S/he holds the vision for the collective team and moves the team closer to the end result. It's the manager's commitment that pulls the team forward during trying times.

6. Discipline/Focus

Discipline is the ability to choose and live from what one pays attention to. Discipline as self-mastery can be exhilarating! Role model the ability to live from your intention consistently and you'll role model an important leadership quality.

Q. Since you are a fresher, why should we select you?

Ans: Comment in comment box

Q. Do you like to read? Which is your favorite book and author?

Ans:If yes,then you should be equipped with thorough knowledge

Q. Tell us something that you have not mentioned in the CV.

Ans:Tell,if any

Q.  What about your extra-curricular activities?

Ans:Extra curricular activities are activities which are not related to your academics

Q. What genre of books do you read the most?

Ans:Genre:- Fictional, motivational, inspirational ,satire,drama,Action and adventure ,Romance,mystery,horror etc

Q. What has been your biggest achievement in life so far?

Q. What does your father do?

Ans: Self employed/job

Q. Which is your dream company and why?

Ans. XYZ , you should know everything about that company and background of its founder

Q. Which newspapers do you read and why?

Ans: The Hindu, The Indian express,The guardian etc

You should know everything about that newspaper like when was it first published,Owner of that newspaper,Edition etc

Q. Why is there a decline in your marks in graduation?

Ans. Genuine Answer only

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