🔆 Role of bank in economy

The Royal Swedish Academy of Sciences has announced the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (popularly referred as Nobel Prize in Economics) for the year 2022.

Three eminent economists from the US, Ben S Bernanke, Douglas W Diamond and Philip H Dybvig will share the award this year

The award this year recognises the contribution of the economists in highlighting the role of banks in a modern economy, and the need to arrest bank failures during an economic crisis.

Failure of banks has the potential to affect the medium-term prospects of economic prosperity. It is because banks play a critical role in mobilisation of savings and converting the savings in an economy into productive investments

Banks help in addressing the mismatches in the preferences of the savers and borrowers

Delegated monitoring aspects of banks which benefit bank depositors by avoiding costly monitoring.

✉️🔥 ⃝➥ @HinduPIB_Editorial

🫥ESSAY GUIDE

✅[ Easy, Systematic, Simple, Articulation by @TargetDescriptive ]

🔰INTRODUCTION

1. Ask questions about the topic- frame around 5- 7 questions

2. Post framing of Questions Short addressing them by 1-2 ,Use connecting words in paragraphs.


🔰BODY

3.Use Any suitable Quotes ( Non- controversial person )

4.Elaborate the Topic ,Use examples to support your claim...


🔰CONCLUSION

5.Way forward From all the Questions that you asked conclude that one by one !


✅KEY NOTES:-

1.Avoid Use of Fancy Words,Or complex sentences in essay !

2.Start Practicing From now ,and Banking Aspirants have to Take exam in computer typing Mode,so Typing speed is going to play a crucial role in your Descriptive paper! Do start your Preparation earliest,

✅@Targetdescriptive is here to assist you in Your Descriptive exams ,Stay connected.

3.Mostly In Essay,marks are deducted due to Grammatical errors,Context variation and Coherent framing!


*Keep Practicing ,Keep moving, well begun is half done!🔥🔥💐

✺ Ꭻᴏɪɴ 🔥 ⃝➥ @TargetDescriptive

September is the 18th consecutive month of double-digit WPI inflation.

This year, the Wholesale Price Index touched a record high of 15.88% in May.

Read here: https://www.livemint.com/news/indias-wpi-inflation-eases-to-10-7-in-september-11665729830609.htmltouched

✅Nainital Bank 2022 Notification

✺ Ꭻᴏɪɴ 🔥 ⃝➥ @TargetDESCRIPTIVE

Extreme weather devastated both the winter-sown wheat and summer-sown rice harvests, pushing up retail food prices to a 22-month high.

https://www.livemint.com/news/india/indias-wheat-stocks-plummet-to-14-year-low-11665733477662.html

✅ SSC MTS 2020
🔘 FINAL VACANCY Released
🔘 18-25 age group: 3197
🔘 18-27 age group: 691
🔘 TOTAL : 3888✔️
🔘 3972 - 3888 = 84 Decreased

◈ ━━━━━━━★-★━━━━━ ◈
✦Join➺@SSC_CHAMP
◈ ━━━━━━━★-★━━━━━ ◈

🫥SBI PREVIOUS YEAR ESSAY

🔺Pros and cons of online education/schooling.


◾️Self written :-
(@TargetDescriptive)

🛑SBI  • RBI • IBPS • LIC • NABARD🛑

✅My Grandpa has done primary class schooling and he shared with me some of the unsung struggle stories, that he faced during schooling, he had to travel miles just for reaching out to Primary school, and some of his friends were even deprived of this.

However today, there is no denying the fact that we are far better off in terms of accessibility to quality education within the cap of advanced technology and advancement from Blackboard to Digital board learning. We are witnessing a paradigm shift from learning in classrooms to learning in any room. Back then, the nearest blackboard and the teacher would be scores of kilometers away while today they are just a click, touch, or a call away.

✅Pros:-
1. Flexibility of space, pace, medium, access, and content,
One of the advantages of E-learning is its accessibility, in school hours Timings are fixed, it can save you time and you can plan your day according to your wish.

2.Affordable ,and Cost-effective:-
Online learning is very affordable, Students can save Extra Costs, that they spend while reaching Schools like Transport fare, and they can be availed of nutritious and fresh food at home.

3. Online learning at home:-
Convenient, Online schooling makes education more convenient, as teaching can be done through Devices like PC or even mobile phone.

4. Getting future-ready:-
As recent pandemic created education more critical and uncertain, but the growing hybrid technology demonstrated an efficient and future-ready Education model.

✅Cons:-
1. Online schooling for the young generation may cause stress and pressure on their young brain. In physical classes, they get Breaks, lunchtime during which they interact with their friends, and light their mood for further classes but in Online schooling, they couldn't.

2. Sitting for long hours in front of a gadget screen can hamper the overall development of children, light emitted from the screen can affect their visual insights, and also they may suffer some chronic back pain and other health consequences.

3. They need a conducive atmosphere, which is not possible at home, in schools, they are more awakened, Serious, and Focused.

4. Lack of internet penetration in rural areas:-
A majority of the students were unable to access technology within their home territory, which is against their rights, even our constitution grants and ensures every child should avail of education up to 14 years of age.

✅To Summarize, Study should be continued, our commitment is generous, and we have already proved that during Lockdown.
Tech-savvy should come up with new innovative techniques and teachers must think of a way to make the Syllabus more conducive to Children So that they can manage their overall development.

✺ Ꭻᴏɪɴ 🔥 ⃝➥ @RBI_SBI_NABARD_Banking