Real story of American Dollar v/s Indian: CA ROCKSTARS


An Advice to all who are worrying about fall of
Indian Rupee
Throughout the country please stop using cars
except for emergency for only seven days (Just 7
days)
Definitely Dollar rate will come down. This is
true. The value to dollar is given by petrol
only.This is called Derivative Trading. America
has stopped valuing its Dollar with Gold 70 years
ago.
Real story of American Dollar v/s Indian Rupee
Americans understood that Petrol is equally
valuable as Gold so they made Agreement with
all the Middle East countries to sell petrol in
Dollars only. That is why Americans print their
Dollar as legal tender for debts. This mean if you
don’t like their American Dollar and go to their
Governor and ask for repayment in form of
Gold,as in India they won’t give you Gold.
You observe Indian Rupee, ” I promise to pay
the bearer…” is clearly printed along with the
signature of Reserve Bank Governor. This mean,
if you don’t like Indian Rupee and ask for
repayment,Reserve Bank of India will pay you
back an equal value of gold.(Actually there may
be minor differences in the Transaction dealing
rules, but for easy comprehension I am
explaining this)
Let us see an example. Indian petroleum
minister goes to Middle East country to
purchase petrol, the Middle East petrol bunk
people will say that liter petrol is one Dollar.
But Indians won’t have dollars. They have Indian
Rupees. So what to do now? So That Indian
Minister will ask America to give Dollars.
American Federal Reserve will take a white
paper , print Dollars on it and give it to the
Indian Minister. Like this we get dollars , pay it
to petrol bunks and buy petrol.
But there is a fraud here. If you change your
mind and want to give back the Dollars to
America we can’t demand them to pay Gold in
return for the Dollars. They will say ” Have we
promised to return something back to you?
Haven’t you checked the Dollar ? We clearly
printed on the Dollar that it is Debt”
So, Americans don’t need any Gold with them to
print Dollars. They will print Dollars on white
papers as they like.
But what will Americans give to the Middle East
countries for selling petrol in Dollars only?
Middle East kings pay rent to America for
protecting their kings and heirs. Similarly they
are still paying back the Debt to America for
constructing Roads and Buildings in their
countries. This is the value of American Dollar.
That is why Many say some day the Dollar will
be destroyed.
At present the problem of India is the result of
buying those American Dollars. American white
papers are equal to Indian Gold. So if we reduce
the consumption of petrol and cars, Dollar will
come down
The Above Details are translated originally from
Telugu Language to English by Radhika Gr.
Kindly share this and make everyone aware of
the facts of American Dollar V/s Indian Rupee.
And here is a small thing other than petrol ,
what we can do to our Indian Rupee
YOU CAN MAKE A HUGE DIFFERENCE TO THE
INDIAN ECONOMY BY FOLLOWING FEW SIMPLE
STEPS:-
Please spare a couple of minutes here for the
sake of India.
Here’s a small example:-
Before 12 months 1 US $ = INR Rs 39
After 12 months, now 1 $ = INR Rs 62
Do you think US Economy is booming? No, but
Indian Economy is Going Down.
Our economy is in your hands.INDIAN economy
is in a crisis. Our country like many other ASIAN
countries, is undergoing a severe economic
crunch. Many INDIAN industries are closing
down. The INDIAN economy is in a crisis and if
we do not take proper steps to control those,
we will be in a critical situation. More than
30,000 crore rupees of foreign exchange are
being siphoned out of our country on products
such as cosmetics, snacks, tea, beverages, etc.
which are grown, produced and consumed here.
A cold drink that costs only 70 / 80 paise to
produce, is sold for Rs.9 and a major chunk of
profits from these are sent abroad. This is a
serious drain on INDIAN economy. We have
nothing against Multinational companies, but to
protect our own interest we request everybody
to use INDIAN products only at least for the
next two years. With the rise in petrol prices, if
we do not do this, the Rupee will devalue
further and we will end up paying much more
for the same products in the near future.
What you can do about it?
Buy only products manufactured by WHOLLY
INDIAN COMPANIES.Each individual should
become a leader for this awareness. This is the
only way to save our country from severe
economic crisis. You don’t need to give-up your
lifestyle. You just need to choose an alternate
product.
Daily products which are COLD DRINKS,BATHING
SOAP ,TOOTH PASTE,TOOTH BRUSH ,SHAVING
CREAM,BLADE, TALCUM POWDER ,MILK
POWDER ,SHAMPOO , Food Items etc. all you
need to do is buy Indian Goods and Make sure
Indian rupee is not crossing outside India.
Every INDIAN product you buy makes a big
difference. It saves INDIA. Let us take a firm
decision today.
we are not anti-multinational. we are trying to
save our nation. every day is a struggle for a
real freedom. we achieved our independence
after losing many lives.
they died painfully to ensure that we live
peacefully. the current trend is very threatening.
multinationals call it globalization of indian
economy. for indians like you and me, it is re-
colonization of india. the colonist’s left india
then. but this time, they will make sure they
don’t make any mistakes.
Russia, s.korea, mexico – the list is very long!!
let us learn from their experience and from our
history. let us do the duty of every true Indian.
finally, it’s obvious that you can’t give up all of
the items mentioned above. so give up at least
one item for the sake of our country!

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ICAI clarification regarding claiming exemption: CA ROCKSTARS


In order to claim exemption, the student must appear in all the papers in that particular group. 

Say, In a case, a student has appeared for IPCC Group-1 Tax exam and scored 62, and failed to appear in one of the paper, say law, exemption will be denied to the Taxation paper.

FAQs

1. What are the rules regarding “exemption” and validity period?

a) A candidate who has appeared in all the papers comprised in a group/unit and fails in one or more papers comprised in that group/unit but secures a minimum of 60% of the marks in any paper or papers of that group/unit shall be eligible for exemption in that paper or papers in the next three following examinations.

b) He shall be declared to have passed in that group/unit if he secures at one sitting a minimum of 40% marks in each of the papers of that group/unit and a minimum of 50% of the total marks of all the papers of that group/unit including the paper/s in which he had secured a minimum of 60% marks in the earlier examination.

c) He/she shall not be eligible for any further exemption in the remaining paper(s) of that group/unit until he/she has exhausted the exemption already granted to him in that group/unit.

d) The exemption is automatic and will be found indicated in the statement of marks issued by the Institute.

e) An exemption is valid for three immediate succeeding exams and will be carried forward automatically for the next three examinations.

2. I secured exemption in Paper I of PCE/IPCE/Final exam in November 2009 exam. I did not appear in the exams held in May 2010, November 2010 and also in May 2011. I have submitted my exam application form for appearing in November 2011 exam. Can I get the exemption in the said paper in November 2011 exam?

– No. The exemption obtained by you in November 2009 exam would last only for the next three exams, i.e. for May 2010, November 2010 and May 2011 exam, irrespective of the fact whether you appeared in those exams or not. The exemption you obtained in November 2009 examination stands exhausted now and will not be valid for November 2011 exam onwards. You will have to appear in the said paper once again in November 2011

3. I have already passed one group in PCE and converted to IPCE. I am now a Unit candidate under IPCE. Will I get the benefit of the exemption secured by me in PCE, in the corresponding papers of IPCE?

– Yes. The exemption in a paper or papers in a particular group granted earlier to a candidate of PCE shall continue to be valid, in the corresponding paper or papers under the IPCE/ATE, for the unexpired chance(s).

4.I secured exemption in Paper 3 (Group I) of PCE/IPCE/Final in November 2010 exam. I intend to appear in Group II in November 2011 exam and applied for the same. Can I get exemption in any paper in Group II in November 2011 exam if I secure more than 60% marks in any of the papers of Group II?

– Yes. You can get exemption in any of the papers of Group II in November 2011 exam. The exemption that you secured in Paper 3 of Group I does not come in the way of your getting exemption in any paper of Group II. Please note that the rules relating to exemptions are applied group-wise.

However, you will not be eligible for any further exemption in the remaining paper(s) of Group I until you have exhausted the exemption already granted to you in that group.

 

HOW TO CLEAR IPCC EXAMS: CA ROCKSTARS


Preparation tips for IPCC exams :

 

 Dear students success it is the product of both intelligence and hard work . so for CA for exams both required ( intelligence and hard work ) . number of students face problems for preparation i. e. how to start & from where to start and from which subject to start like this . Avoid such mistakes following are the steps observe :

Step 1 : After completion of your coaching access remaining period for exams later on analyse yourself preparation for both groups or single group .

Step 2 : Draw a scheduled for preparation .

Step 3 : I would suggest to all theory part of the subjects better to read early morning time only.Because it is the best time for grasping.

Step 4 : You have to be practice problematical papers like Accounts , costing & FM otherwise in examinations difficult to salve the problems .

Step 5 : Before going to exams you have to be revision total syllabus 2 to 3 times .otherwise u will  got blank during exam.

Step 6 : In law & income Taxation subjects don ‘t code wrong section its results may be loss of marks. u have 100 % confident on that u can code other wise write like, prescribed section .

Step 7 : In examination presentation is very important that ‘s reason u have to start every question in fresh page and code question number in middle of the page & Avoid striking and write legible this is helpful to get more marks .

Step 8 : After finish your exam don ‘t discuss with friends regarding that exam . left your question paper in examination hall and start your preparation for next exam .

Step 9 : suppose in group I A / c paper u r not presented properly just ignore that and prepare for next exam . Maximum of students are doing is any one paper not presented properly he / she not concentrate remaining exams . My dear students don ‘t do like that may be chance remaining papers u can get exemption . So think positive.

Step 10 :Dear students after completion of your exams in case u have doubt any subject start your preparation immediately because after announcing of the result u have only 2 .5 months only . For clearing CA exams may be take one or more attempt so don ‘ t get mentally stress .

 

 

Subject wise tips :

 

1 . IT & SM : I would suggest to all SM preparation level is from last chapter to first chapter . And IT start with flowcharts & decision table later on network, inter net , DBMS finally start 1 st chapter . From practice manual 40 to 45 marks paper will be from it so should be concentrate on that . Remaining part is definition part around 15 marks.

2 . INCOME TAX : You have to read every concept in income tax paper & one more thing is total income problems important , and in every problem u have make note points its impress to valuationer . Put the currency symbol other wise u can loss marks . My sincere advice is don ‘t start with total income problem in examination y because its take more time for completion. at the time of preparation first of all finish indirect tax( service tax & VAT) y because its less concept u can get nearly 50 marks .

3 . AUDITING : In auditing company auditor chapter is very important in that chapter only around 15 to 25 marks. And standards also important for exams read 2 to 3 times. Last 2 to 3 attempts asked only direct question only so more concentrate on direct questions .

4 . ACCOUNTS: In accounts I & II subjects very important is accounting standards its around 12 to 25 marks in each subjects . In examination presentation level is start with journal entries problem then ledger a / c after that final a / c problems. y because time management is very important in CA examinations .

5 . COSTING & FM : I n this subject first of all theory part u have to prepare its nearly 30 to 35 marks later on start practice problems in both costing & FM otherwise u cont salve the problems in examination .

6 . LAW : in this subjects first of all prepare company law & other laws y because around 50 to 60 marks cover in these topics . Later on business communication etc .

 

IMPORTENT POINTS:

1 . Time management is very important in examination.

2 . Don ‘t STUDY CONTINIOUSLY . take small breaks

3 . Sleep every day 6 to 7 hours .

4 . Take food properly .

5 . Very very important point is in all exams u have to be write point wise .

6 . Don ‘t refer 2 to 3 author books .do practice manual . its very important 

7 . We would suggest that for the benefit of the students read the suggested answers carefully its useful to your examinations .

hope this article useful to your preparation .

 

BEST OF LUCK 🙂

Android V’s iPhone: which one is better


From the world of Smartphones where word impossible doesn’t exist. Android and iPhone continuously make efforts to make Smartphones unpredictable.

iPhone the most common name known to everyone having  own separate earth of its fan is now planning something big. For the past few months iPhone lovers are waiting for the arrival of new iPhone for 2013. There are many rumors in the market including upcoming iPhone 6, iPhone C and iPhone Lite.

Android V's iPhone

In the world of Android they are preparing for the welcome party of Samsung’s Galaxy Note 3 Android device with other Android products like LG G2, MOTO X and Google NEXUS 5.

Also Read: Galaxy Note 3 Full Specification and Features

In terms of popularity both the above do not need any type of introduction. But both the above mention competitors have their own respective advantages and disadvantages. So let’s move towards their comparison.

Now to check out the complete updated comparison and review. Click the link below

Read: Android V’s iPhone: Choose the best one