thanks to Mr Mrunal... to providing this collection of video... its really very helpful to working people ... who don't want to go class... :)..all material on this site very informative... thanks so much....
Thank a lot sir for such great work ND our request is sir upload more videos from other segments of Gs like polity, history, etc That will be ur most humble and human work I like sir very much
The value of the SDR is based on a basket of five currencies-the U.S. dollar, the Euro, the Chinese Renminbi, the Japanese Yen, and the British Pound sterling.
While calculating value of SDR at 13:34 There seems an anomaly. For all the other currencies (Pound, Dollar, Euro) we are trying to find their value with respect to 1 Dollar, while for Yen we are trying to find How many dollars we will get for one Yen? Is it the correct way of calculating or is there some mistake here? If this is indeed the correct way then why are we doing this?
avoid such irrelevant doubts if you are preparing for civils. They obviously must be taking a higher unit of Yen(or a smaller unit of dollar) when calculating the weight of Yen.
There are two criteria 1.The demand for that currency as a foreign exchange reserve asset. 2.The amount of exports taking place in the world in that currency. Since China is undertaking massive infrastructre projects , a number of third world countries are using Renminbi or yuan to repay off their debts and China is largely trade surplus based economy ( China's trade surplus with US is $375 billion , India's trade surplus with US is around $30 billion , you can see how big the Chinese economy is and it's increasing influence & China has the largest forex reserves . On the other hand , Russia's trade is mainly on defence and its related tech . and former USSR had chance but IMF is a western countries tool to exert influence on the developing countries . But once USSR collapsed , it's currency has no chance to be added to SDR currency basket . The only way a country's currency can be added to SDR basket is its growing share and influence in international trade .
You can watch these videos... It will help you with the static portion of economics... But for the current portion you need to keep yourself updated... Mrunal sir ke latest notes khareed ke... (Easily available). Still..... Upsc... Remains unpredictable 🙂
12:44 minute (from October 2016) IMF also will include Chinese Yuan as a reserve currency so in total there will be 5 currency which determine SDR
no still it counts with 4 currencies.
www.imf.org/external/np/fin/data/rms_sdrv.aspx
05:45 Gold standard Currency Exchange system
thanks to Mr Mrunal... to providing this collection of video... its really very helpful to working people ... who don't want to go class... :)..all material on this site very informative... thanks so much....
enjoy it
बहुत बहुत धन्यवाद मृणाल जी
16:45 IMF Reforms ( Quota ) 2010
it has been approved by IMF members on 2016 !
Im someone who is scared of economics but your this video series makes me trust the subject and build the base. Thank you so much sir
Thank a lot sir for such great work
ND our request is sir upload more videos from other segments of Gs like polity, history, etc
That will be ur most humble and human work I like sir very much
2:33 International bodies
bahut bahut dhanyavad sir ji ...
Date : 24/10/18
Time : 19:45Hrs
189 members in IMF now.....
thank you sir
190 as of now with the inclusion of Andorra.
3:45 IMF Structure
At 11:00 ,the same kind of crisis happening in Venezula
The value of the SDR is based on a basket of five currencies-the U.S. dollar, the Euro, the Chinese
Renminbi, the Japanese Yen, and the British Pound sterling.
u r the god sir thanksss
Great teacher ever seen
2024 aspirants assemble
While calculating value of SDR at 13:34 There seems an anomaly.
For all the other currencies (Pound, Dollar, Euro) we are trying to find their value with respect to 1 Dollar, while for Yen we are trying to find How many dollars we will get for one Yen? Is it the correct way of calculating or is there some mistake here?
If this is indeed the correct way then why are we doing this?
avoid such irrelevant doubts if you are preparing for civils. They obviously must be taking a higher unit of Yen(or a smaller unit of dollar) when calculating the weight of Yen.
your way of teaching is outstanding
Jai Hind 🇮🇳 sir 🧑🏫
Presently, India's value in IMF quota is 2.44% which comes at 13th position
08:20 SDR
thanku sir very much
जिंदाबाद सर जी
Watching in 2024❤ mrunal always best
If RBI intends to print notes, do they reserve gold even today?
Or since 1992 we also left reserving golds for printing dominations like America?
Chandan Kumar We left :)
Nice session sir🙏🤗
Why Russian currency ruble was not added in SDR even its the permanent member of IMF?
There are two criteria
1.The demand for that currency as a foreign exchange reserve asset.
2.The amount of exports taking place in the world in that currency.
Since China is undertaking massive infrastructre projects , a number of third world countries are using Renminbi or yuan to repay off their debts and China is largely trade surplus based economy ( China's trade surplus with US is $375 billion , India's trade surplus with US is around $30 billion , you can see how big the Chinese economy is and it's increasing influence & China has the largest forex reserves .
On the other hand , Russia's trade is mainly on defence and its related tech . and former USSR had chance but IMF is a western countries tool to exert influence on the developing countries . But once USSR collapsed , it's currency has no chance to be added to SDR currency basket . The only way a country's currency can be added to SDR basket is its growing share and influence in international trade .
@@Vineeth_Lifestyle thanks Vineeth
vry nice wonderful thnx a lot...
thank u sir🙏
you are the best .....Mrunal sir ............ thanks from heart.
sir please upload videos on art & culture also
Why is sdr and rtp both shown while calculating forex reserves.doesnt it lead to calculating it twice??
D8/3 done ✅
Gratefull to you ,sir
Thanks for such a nice explanation.🙏
So Thank you Sir!
PowerPoint of this lecture
powerpoint?
On his website
Thank you sir
sir how we can find links given by you, for bricks and aiib bank comparison...
Nice class sir
Sir,what about ADB??
bahubali of economics
Thnks guruji
5:30
guru dron
I could not find the link of this ppt (L3/P5TO L3/P8) PLZ HELP
Do u still want help or u have figured out abt that?☺️
Ab ye video dekhna shi rhega kya koi reply do plz kyuki y 6 years phle ki h
You can watch these videos... It will help you with the static portion of economics... But for the current portion you need to keep yourself updated...
Mrunal sir ke latest notes khareed ke... (Easily available).
Still..... Upsc... Remains unpredictable 🙂
@@juhi4101 where I can buy sir notes ?
India at 9th in IMF SDR quota now.
glt
Sir where I can download the links
PIGS (Portugal,Italy( not Ireland), Greece spain)crisis 20.30sec
17 oct 22 Em birthday
Anyone in 2022
Yes
🙏🙏🙏
2025 aspirants 😂
English may bolo sir
WTF pronounciation .... pfff
Economics ka sabse bakwaas topic hai ye jo kabhi samajh nahi aata. Jitna padhoge utna jyada confuse ho jaaoge.
Where do we find PowerPoint sir
I tried but couldn't find this lecture
Pls
Help
Thank you sir ji
Thanx sir
Thnks sir🙏
thank you sir
🤗