Word of the Day

MPC

Monetary Policy Committee is a 6-person committee of RBI, which decides the repo rate.

It studies the economy and the inflation, to decide if interest rates have to be changed or not.

Controlling interest rates is one way through which RBI tries to manage the economy of the country.

MPC meets at least 4 times in a financial year.

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🔹CA Foundation Maths LR & Stats MTP 2 - December 2023 :

📍Question Paper

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Dec-2023

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              Download Notes
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🔹CA Foundation Maths LR & Stats MTP 2 - December 2023 :

📍Suggested Answer

🕹Download All MTPs at Once Place
https://tinyurl.com/CA-Found-MTP-2-Dec-2023

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If you are going to cross 200+ Marks in this CA Foundation Attempt me.😍

Then
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Practicing patience is one of the hardest things to do especially when you don’t see results.
Keep pushing, keep your head up and your time will come!

And Remember growth looks different for everyone!

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Group study or Individual study?

We have seen that CA students prefer group study, as they feel tough to study consistently for longer duration. However, negative ramifications  of group study shouldn’t be overlooked and one has to be cautious therein.

Benefits of Group Study:

*Collaboration and Discussion:* "Alone we can do so little; together we can do so much." - Helen Keller.
Group study allows students to discuss complex concepts, clarify doubts, and learn from each other's perspectives.

*Motivation and Accountability:* "Surround yourself with people who push you to do better."

Studying in a group can provide motivation and help maintain focus, as members hold each other accountable for progress.

However, following are major limitations of studying in a group, which needs to be handled properly:

*Distractions and Time Management:* "The chain is only as strong as its weakest link."
Group study can be counterproductive if members get distracted easily or have difficulty managing time effectively.

*Differences in Learning Pace:* "If everyone is moving forward together, then success takes care of itself." - Henry Ford.
Students may have varying learning speeds, leading to either slowing down or leaving some members behind.

*Dependency on Group:* "Individual commitment to a group effort - that is what makes a team work, a company work, a society work, a civilization work."
Sometimes, students may become overly reliant on the group, hindering their individual growth.

Hence, to address these concerns, following strategies can be useful:

*Establish Clear Goals and Structure:* Set specific study goals for each session and create a structured study plan. This helps in maintaining focus and avoiding distractions during group study sessions.

*Assign Roles and Responsibilities:* Designate different roles to each group member, such as timekeeper, facilitator, or note-taker. This ensures that the study session remains organized and productive.

*Set Ground Rules for Distractions:* Minimize distractions during group study sessions by agreeing on ground rules, such as prohibiting the use of mobile phones or social media during study time and even strictly AVOID chit chat and gossips.

*Combine Group and Individual Study:* Strike a balance between group study and individual study. Allocate time for both approaches, allowing group study to enhance understanding and individual study to focus on personal weaknesses.

*Discuss Challenging Concepts:* Encourage group members to explain challenging concepts to each other. Teaching others reinforces understanding and helps clarify misconceptions.

*Review and Reflect:* At the end of each group study session, review what was covered and reflect on the effectiveness of the session. Discuss what worked well and identify areas for improvement.

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CA Notes & Updates.

Delhi High Court Rejects Postponement Plea for ICAI Exams!

The court expresses astonishment at the request for postponement!

Presented grounds deemed insufficient by the court.

#icaiexams #castudents #ICAI #caexams

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