Sunday, April 28, 2024
01:00 AM (GMT +5)

Go Back   CSS Forums > Other Competitive Examinations > National Accountability Bureau (NAB)

Reply Share Thread: Submit Thread to Facebook Facebook     Submit Thread to Twitter Twitter     Submit Thread to Google+ Google+    
 
LinkBack Thread Tools Search this Thread
  #321  
Old Friday, October 05, 2012
Member
 
Join Date: Sep 2012
Posts: 88
Thanks: 16
Thanked 10 Times in 10 Posts
Dahmash khan is on a distinguished road
Default

Quote:
Originally Posted by rao adeel View Post
that petition has been quashed.....

and it will not stop current hiring process...
are u sure bro.. members in this thread are still mentioning that it can be a cause of further delay in the process
Reply With Quote
  #322  
Old Friday, October 05, 2012
rao adeel's Avatar
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: CE 2011 - Roll no 385
 
Join Date: May 2007
Location: Bahawalpur
Posts: 188
Thanks: 43
Thanked 107 Times in 67 Posts
rao adeel is on a distinguished road
Default

Quote:
Originally Posted by Durrani Abid View Post
Today State Bank of Pakistan has decreased its interest rate from 10.5% to 10% and it says that decrease in the rate of interest would decrease the rate of inflation.

Can anybody explain that how decrease ine the rate of interest would decrease the rate of inflation.
Apparantly it shows that if the rate of interest decreases then people will not save in the banks and as the result too much money will be in the hands of consumers and too much money in the hands of consumer means rise in the inflation.

Many thanx

You are right on one side.... but current inflation is not because of excess of money in economy but because of slow down of our economic production or economic growth.....

People who deposit their money in banks will withdraw it but not for the purpose of spending but to invest somewhere else in businesses where the return is higher..... as people deposit that amount which is in excess of their expenditures and excess amount is not used by people for the purpose of spending so that amount will be invested in economy rather than idly deposited in banks for low returns.......


Similarly because of low interest rate investors will increase their borrowing from banks and invest in the economy....new businesses will be started and employment will be created.....

So in both cases the production and growth of economy will take place.... and with the economic growth the inflation will get down as there will be more goods and services available in the market......
__________________
Parindon Ki Dunya Ka Darvesh Hun Ma......, K Shaheen Banata Nahi Aashiyana
Reply With Quote
The Following User Says Thank You to rao adeel For This Useful Post:
Mnaqi (Friday, October 05, 2012)
  #323  
Old Friday, October 05, 2012
Senior Member
 
Join Date: Sep 2012
Posts: 158
Thanks: 12
Thanked 33 Times in 27 Posts
Mnaqi is on a distinguished road
Default

Quote:
Originally Posted by Durrani Abid View Post
•Area of Pakistan
•Location of Pakistan
•Population of Pakistan
•How many provinces of Pakistan
•Divisions of Pakistan
•Districts of Pakistan
•Divisions/districts of your province
•GDP of Pakistan
•GNP of Pakistan
•Inflation rate of Pakistan
•Imports of Pakistan
•Exports of Pakistan
•Trade Deficit of Pakistan
•Last budget of Pakistan
•Budget deficit of Pakistan/Fiscal deficit
•Revenue deficit of Pakistan
•Internal debt of Pakistan
•External debt of Pakistan
•Total debt of Pakistan
•Per capita of Pakistan
•FOREX Reserves of Pakistan
•Life expectancy of Pakistan
•Fertility and mortality rates of Pakistan
•Literacy rate of Pakistan
•Dry ports of Pakistan
•Sea ports of Pakistan
•Rivers of Pakistan
•Lakes of Pskistan
•Dams of Pakistan
•Barrages of Pakistan
•No of Pakistan in terms of Population
•No of Pakistan in terms of Area
•No of Pakistan in terms of corruption
•No of Pakistan in terms of CO and CO2 emission
********Abid Durrani 03******************
@Durani... These are good questions, but I do not think these will be asked in the interview. Their focus will be on menace of corruption, and out point of view on how to curb it. When I gave this interview in 2006, they did not touch general knowledge.

They mainly see a candidate's ability to withstand pressure to meet the deadlines and understand complicated corruption cases in which the accused - who may be top bureacrate, a politician or a shrewd business man - have adroitly concealed, tempered and manipulated the evidence against in corruption cases. We must focus on "why people do corruption, what are the factors, strategy to curb corrupt practices". I believe some guys are doing a smart job here.
Reply With Quote
  #324  
Old Friday, October 05, 2012
rao adeel's Avatar
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: CE 2011 - Roll no 385
 
Join Date: May 2007
Location: Bahawalpur
Posts: 188
Thanks: 43
Thanked 107 Times in 67 Posts
rao adeel is on a distinguished road
Default

Quote:
Originally Posted by Dahmash khan View Post
are u sure bro.. members in this thread are still mentioning that it can be a cause of further delay in the process

I am 101% sure that the petition will not affect the hiring process.... it will be continued as it is going on....
__________________
Parindon Ki Dunya Ka Darvesh Hun Ma......, K Shaheen Banata Nahi Aashiyana
Reply With Quote
The Following User Says Thank You to rao adeel For This Useful Post:
Dahmash khan (Friday, October 05, 2012)
  #325  
Old Friday, October 05, 2012
Senior Member
 
Join Date: Sep 2012
Posts: 158
Thanks: 12
Thanked 33 Times in 27 Posts
Mnaqi is on a distinguished road
Default

Quote:
Originally Posted by Dahmash khan View Post
are u sure bro.. members in this thread are still mentioning that it can be a cause of further delay in the process

Rao is absolutely right that it has been quashed.
Reply With Quote
The Following User Says Thank You to Mnaqi For This Useful Post:
Dahmash khan (Friday, October 05, 2012)
  #326  
Old Friday, October 05, 2012
Senior Member
 
Join Date: Sep 2012
Location: Between Venus & Mars
Posts: 438
Thanks: 50
Thanked 219 Times in 152 Posts
Durrani Abid is on a distinguished road
Default

[QUOTE=rao adeel;488431]You are right on one side.... but current inflation is not because of excess of money in economy but because

People who deposit their money in banks will withdraw it but not for the purpose of spending but to invest somewhere else in businesses where the return is higher..... as people deposit that amount which is in excess of their expenditures and excess amount is not used by people for the purpose of spending so that amount will be invested in economy rather than idly deposited in banks for low returns.......


Similarly because of low interest rate investors will increase their borrowing from banks and invest in the economy....new businesses will be started and employment will be create
So in both cases the production and growth of economy will take place.... and with the economic growth the inflation will get down as there will be more goods and services available in the market....

Dear from where have you learnt such principles of economics.
If there is increase in investment means increase in economic activity and increase in economic activity always lead to inflationery situation. Too many goods in the Market means it it will increase the options of buying the goods that will also lead to inflationary situation. Increase in emplyment due to increase in investment means generation of purchasing power that will also lead to inflationary situation.
Avoid passing comments if you don't know.
Reply With Quote
  #327  
Old Friday, October 05, 2012
Senior Member
 
Join Date: Sep 2012
Location: Between Venus & Mars
Posts: 438
Thanks: 50
Thanked 219 Times in 152 Posts
Durrani Abid is on a distinguished road
Default

Dear from where have u learnt such principles of economics.

If there is increase in investment means increase in economic activity and increase in economic activity always lead to inflationery situation. Too many goods in the Market means it it will increase the options of buying the goods that will also lead to inflationary situation. Increase in emplyment due to increase in investment means generation of purchasing power that will also lead to inflationary situation.
Avoid passing comments if you don't know.
Reply With Quote
  #328  
Old Friday, October 05, 2012
rao adeel's Avatar
Senior Member
Qualifier: Awarded to those Members who cleared css written examination - Issue reason: CE 2011 - Roll no 385
 
Join Date: May 2007
Location: Bahawalpur
Posts: 188
Thanks: 43
Thanked 107 Times in 67 Posts
rao adeel is on a distinguished road
Default

[QUOTE=Durrani Abid;488449]
Quote:
Originally Posted by rao adeel View Post
You are right on one side.... but current inflation is not because of excess of money in economy but because

People who deposit their money in banks will withdraw it but not for the purpose of spending but to invest somewhere else in businesses where the return is higher..... as people deposit that amount which is in excess of their expenditures and excess amount is not used by people for the purpose of spending so that amount will be invested in economy rather than idly deposited in banks for low returns.......


Similarly because of low interest rate investors will increase their borrowing from banks and invest in the economy....new businesses will be started and employment will be create
So in both cases the production and growth of economy will take place.... and with the economic growth the inflation will get down as there will be more goods and services available in the market....

Dear from where have you learnt such principles of economics.
If there is increase in investment means increase in economic activity and increase in economic activity always lead to inflationery situation. Too many goods in the Market means it it will increase the options of buying the goods that will also lead to inflationary situation. Increase in emplyment due to increase in investment means generation of purchasing power that will also lead to inflationary situation.
Avoid passing comments if you don't know.

I am a student of economics & finance on the basis of which i am saying.....

if you don't agree with me its up to you.... you can consult to some economics professor then....

simple principle of economics is....
if there are 100 buyers of a single product its price will automatically increase because there are too many buyers competing for a single product (as Pakistan's situation increase in prices because of shortage of food items, shortage of fuel, shortage of energy...... there are many buyers but less supply)

similarly when there are 100 products are available but only one buyer in the market.... the suppliers will bring down its prices because the buyer will have many options to buy from.......

so as i said earlier, that with the economic growth and expansion because of low interest rates the supply side will increase of products which are in shortage currently as compare to the demand side......
__________________
Parindon Ki Dunya Ka Darvesh Hun Ma......, K Shaheen Banata Nahi Aashiyana
Reply With Quote
  #329  
Old Friday, October 05, 2012
SA Haider's Avatar
Senior Member
 
Join Date: Mar 2010
Location: Lahore
Posts: 279
Thanks: 74
Thanked 151 Times in 107 Posts
SA Haider will become famous soon enough
Default

Quote:
Originally Posted by star5 View Post
Good Effort Haider as I also read your subsequent post, but if counter question is "What does NAB rules & law say to deal with such situations?"

what would be your reply to the interviewers?
NAB acts as an independent organization and it allows its officers to act independently as well, without any bias and pressure.
Reply With Quote
  #330  
Old Friday, October 05, 2012
Member
 
Join Date: Sep 2012
Posts: 88
Thanks: 16
Thanked 10 Times in 10 Posts
Dahmash khan is on a distinguished road
Default

Quote:
Originally Posted by Durrani Abid View Post
Dear from where have u learnt such principles of economics.

If there is increase in investment means increase in economic activity and increase in economic activity always lead to inflationery situation. Too many goods in the Market means it it will increase the options of buying the goods that will also lead to inflationary situation. Increase in emplyment due to increase in investment means generation of purchasing power that will also lead to inflationary situation.
Avoid passing comments if you don't know.
lower interest rates affects prices of commodities as borrowing can be done at lower rates which reduces the cost of production
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Psychological Test and Psch: Interview Capricorn of Thar Psychological Tests 6 Monday, August 06, 2012 10:48 AM
Guidance for psychological test and interview shahrukh09 CSS 2010 Exam 1 Friday, October 15, 2010 03:57 PM
Interview and Psychological test amk CSS 2006 Exam 12 Tuesday, October 17, 2006 05:26 AM


CSS Forum on Facebook Follow CSS Forum on Twitter

Disclaimer: All messages made available as part of this discussion group (including any bulletin boards and chat rooms) and any opinions, advice, statements or other information contained in any messages posted or transmitted by any third party are the responsibility of the author of that message and not of CSSForum.com.pk (unless CSSForum.com.pk is specifically identified as the author of the message). The fact that a particular message is posted on or transmitted using this web site does not mean that CSSForum has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message. We encourage visitors to the forum to report any objectionable message in site feedback. This forum is not monitored 24/7.

Sponsors: ArgusVision   vBulletin, Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.