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Magme welcomes you to explore the world of the “Most world records achiever’s Bank Pre-recruitment Training Institute”.

Latest Notifications

IBPS – PROBATIONARY OFFICERS – CWE PO/MT-V

IBPS – CLERICAL CRADE – CWE CLERKS – V

IBPS – TENTATIVE CALENDAR OF EXAMINATIONS FOR CWE-VI FOR PARTICIPATING ORGANIZATIONS

RESERVE BANK OF INDIA (RBI/BANK) OFFICERS IN GRADE ‘B'(GENERAL) DIRECT RECRUITMENT -(DR)

STATE BANK OF INDIA – RECRUITMENT OF SPECIALIST CADRE OFFICERS IN STATE BANK OF INDIA (Contractual Appointment)

ICICI BANK – PROBATIONARY OFFICERS

FEDERAL BANK – Recruitment Process for Specialist Officers (IT Officer in Scale I & Credit Officers in Scale I / II)

LIC Recruitment – THANE

AXIS BANK – YOUNG BANKERS

Our Exam Domains

IBPS – PO | IBPS – SO | IBPS – Clerk | SBI – PO | SBI – Clerk| SBI – SO | RRB | RBI | LIC | SSC

Schedule

BATCH M01M Quantitative Class – Unit Two & Unit Four

BATCH M02W Reasoning Class – Unit Five & Unit 1 Revision

BATCH M07AN English Class – Unit three

BATCH M05CE Banking Awareness Class – RBI and Banking Terminologies

BATCH M03CM Mock Interview Section

All Batch Students contact to Branch Admin for Test Paper Answer & Booklet

India Economic – Quick Facts

Bank Rate

Current Rate of Bank rate, CRR,SLR,Repo, Reverse Repo rate, MSFR.
As of 5 August 2016,

India Import Partner

India imports around 6000 commodities from 140 countries. India imported $390.7 billion worth of commodities in 2015, down by 15% from the previous year.
The major Importing goods are Software, Petrochemicals, Agriculture, Leather,Jewellery, Engineering goods, Pharmaceuticals,Textiles, Chemicals, Transportation, Ores and other Commodities.

[goo-pie-chart data=”1.China =15.80,2.Saudi Arabia=5.50,3.Switzerland =5.40,4.United States=5.20,5.United Arab Emirates=5.20,6.Indonesia =3.50,7.South Korea= 3.40,8.Germany=3.00,9.Iraq=2.90,10.Nigeria= 2.60,11.Qatar=2.50,Other Countries=45″]

India Economic-GDP

The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country’s economy.
It is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly).

India Export Partner

India exports approximately 7500 commodities to about 190 countries.India exported US$ 264 billion worth of commodities in 2015.
The major exporting goods are Software, Petrochemicals, Agriculture, Leather,Jewellery, Engineering goods, Pharmaceuticals,Textiles, Chemicals, Transportation, Ores and other Commodities

[goo-pie-chart data=”1.United States= 15.30,2.United Arab Emirates= 11.50,3.Hong Kong= 4.60,4.China=3.60,5.United Kingdom=3.40,6.Singapore=3.00,7.Germany=2.70,8.Saudi Arabia=2.70,9.Sri Lanka=2.10,10.Bangladesh=2.10,11.Vietnam=2.00, Other Countries=47″]

India-Employment by Sector

[goo-pie-chart data=”Agriculture=53.21,Services=25.28,Manufacturing=11.03,Construction=9.57,Mining=0.64,Gas & Water Supply=0.27″]

The Indian economy is expected to grow at 7.5 per cent in FY 2016-17, as per the forecast by the International Monetary Fund (IMF).

Foreign direct investment (FDI) inflows have increased 29 per cent during April 2015 – March 2016 to reach US$ 40 billion, as compared to same period last year.

India’s foreign exchange reserves were US$ 367.16 billion in the week up to August 19, 2016, as compared to US$ 365.82 billion over the past week.

Mutual Funds asset base of equity funds and Equity Linked Saving Scheme (ELSS) increased to Rs 4.5 trillion (US$ 67.18 billion) at the end of July 2016. Net inflow during April-July 2016 stood at Rs 11,985 crore (US$ 1.79 billion).

India’s Index of Industrial Production (IIP) rose to 2.1 per cent in June 2016, as compared to a growth of 1.1 per cent in May 2016.

The eight key infrastructure sectors grew at 3.2 per cent in July 2016 as against 5.2 per cent growth in June 2016, with refinery products sector exhibiting the maximum growth of 13.7 per cent.

India ranked second with 128 points in the June quarter in Nielsen’s global consumer confidence index. The country’s confidence score was 134 in the three months ended March 2016, up by three index points from the last quarter.

Passenger vehicle sales in July 2016 grew by 9.62 per cent year-on-year to 177,604 units as compared with 2.68 per cent growth and 223,454 units in June 2016. According to Society of Indian Automobile Manufacturers (SIAM).

India’s current account deficit narrowed to US$ 0.3 billion in January-March 2016 quarter, as against US$ 7.1 billion in October-December 2015 quarter. However, it was marginally lower than the US$ 0.7 billion deficit recorded in January-March 2015 quarter.

India’s Wholesale Price Index (WPI) inflation rate rose to 3.6 per cent in July 2016 as against 1.62 per cent in the previous month.

India’s Consumer Price Index (CPI) inflation rate rose to 6.07 per cent in July 2016 as compared to 5.77 per cent in June 2016.

There were a total of 44 Merger and Acquisition (M&A) deals worth US$ 4,083 million in July 2016.

Total value of Private Equity (PE) investments during July 2016 stood at US$ 4.8 billion across 130 transactions as compared with 129 deals worth US$ 3.6 billion in June 2016.

Source:Department of Commerce.

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Latest Notifications

IBPS – PROBATIONARY OFFICERS – CWE PO/MT-V

Notification

IBPS – CLERICAL CRADE – CWE CLERKS – V

Notification

Apply Online

IBPS – TENTATIVE CALENDAR OF EXAMINATIONS FOR CWE-VI FOR PARTICIPATING ORGANIZATIONS

RESERVE BANK OF INDIA (RBI/BANK) OFFICERS IN GRADE ‘B'(GENERAL) DIRECT RECRUITMENT -(DR)

Notification

Apply Online

STATE BANK OF INDIA – RECRUITMENT OF SPECIALIST CADRE OFFICERS IN STATE BANK OF INDIA (Contractual Appointment)

Notification

Apply Online

ICICI BANK – PROBATIONARY OFFICERS

Notification

Apply Online

FEDERAL BANK – Recruitment Process for Specialist Officers (IT Officer in Scale I & Credit Officers in Scale I / II)

Notification

Apply Online

LIC Recruitment – THANE

Notification

Apply Online

AXIS BANK – YOUNG BANKERS

Notification

Apply Online

Our Exam Domains

IBPS – PO | IBPS – SO | IBPS – Clerk | SBI – PO | SBI – Clerk| SBI – SO | RRB | RBI | LIC | SSC

Schedule

India Economic – Quick Facts

Bank Rate

India Import Partner

[goo-pie-chart data=”1.China =15.80,2.Saudi Arabia=5.50,3.Switzerland =5.40,4.United States=5.20,5.United Arab Emirates=5.20,6.Indonesia =3.50,7.South Korea= 3.40,8.Germany=3.00,9.Iraq=2.90,10.Nigeria= 2.60,11.Qatar=2.50,Other Countries=45″]

India Economic-GDP

India Export Partner

[goo-pie-chart data=”1.United States= 15.30,2.United Arab Emirates= 11.50,3.Hong Kong= 4.60,4.China=3.60,5.United Kingdom=3.40,6.Singapore=3.00,7.Germany=2.70,8.Saudi Arabia=2.70,9.Sri Lanka=2.10,10.Bangladesh=2.10,11.Vietnam=2.00, Other Countries=47″]

India-Employment by Sector

[goo-pie-chart data=”Agriculture=53.21,Services=25.28,Manufacturing=11.03,Construction=9.57,Mining=0.64,Gas & Water Supply=0.27″]

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Best Reasons Join to Magme School of Banking

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