NEW REVISION CLASSES PRE'17 History+ Environment+Govt Schemes

Thank you for your tremendous response, to the revision classes for Prelims 2017being conducted in New Delhi. Based on your requests and suggestions, we have come up with new classes as per below schedule
(1)Art & Culture Revision ( REPEAT ) - May 27th & 28th, (2) Modern History ( REPEAT ) - May 30th (3) Govt Schemes + Allied Issues - May 31st (4) Environment & Ecology - Friday, June 2

Seats fill up in a few hours, and we don't plan any more repeat classes, so register early. Click Here to get more details and register early to avoid inconvenience. All revision classes will be held from 5PM to 8PM.

Economic Survey Doubt Chapter 4 (REER)

Context: Chapter 4 of economic survey, page number 100, section B titled "Likelihood of capital losses"

Issue: It says, "the appreciation of the rupee required to result in a valuation loss of Rs. 4 lakh crore that would in turn wipe out the remaining capital of the RBI (assuming that Rs 4 lakh crore is redeployed) is calculated."

What does it mean? When Rupee will appreciate, forex reserve will lose value. But what does "that would in turn wipe out the remaining capital of the RBI" mean?
Sign In or Join to comment.


We are a secret self-moderated community for Civil Services preparation. Feel free to join, start a discussion, answer a question or just to say Thank you.

Just dont spread the word ;)

Sign in or join with Facebook or Google