CAIIB FOREX problems solved

TT buying rates for GBP 50,000.00 inward payment, if USD/INR is 68.50/52 and GBP/USD is 1.6050/60, Ignore Margins

This question is taken from CAIIB IIBF books quote rate problems, and the solution to this problem is given below.

This is a TT buying problem, and since there is no direct quote from GBP to INR is available, we need to sell GBP to buy USD, and then Sell USD to buy INR.

When we sell GBP in London market to convert it to USD, we will be given lesser of the quoted rate(bank buying rate or bank bid rate of GBP) i.e 1.6050

Again when we sell USD to obtain INR, we will be given lesser of the USD/INR quote rate i.e 68.50

Using the cross rate mechanism 1 GBP =  (1.6050 * 68.50)INR

For 50,000 GBP = 50,000 * 1.6050 * 68.50 INR

So the answer is 54,97,125/- INR

Creo Mark I - The Smartphone that turns into a new phone every month

The Startup named CREO launched their first phone the "Mark I'. It is now available on Flipkart.com and also on the official website of the company, creosense.com. The phone rocks a 5.5'' QHD display, is powered by a 1.9 Ghz Mediatek Helio X10 True OctaCore processor. Priced at INR 19,999 it is in fact the worlds cheapest smartphone to feature a QHD display.

The Best Budget Tripod For photographers... PHOTRON STEDY PRO 560

The Photron Stedy Pro 560 is one the best budget tripods available online at present.
With a listed price of around INR 3000 in the official website of Photron (photron.in) this tripod is also available in the online e-commerce websites like amazon,Snapdeal and Flipkart for a price of 1200 INR which is pretty amazing.

Stedy Pro 560 Tripods from Photron come with a Multi Purpose Head with a Quick release that flips the mount up automatically. The 3 way Pan Head and Self Adjusting camera platform on these tripods can be tilted up-to 90 degrees.One of the best features of this tripod is the "Load Hook" which can be used to hang on weights so balance the tripod in more windy conditions.The "Load Hook" can also be used to attach your backpack.The strong built quality ensures long life and the foam grips on the legs ensures easy handling. Also,the foot of the tripod legs also come with self-adjustable foot-pegs which rotates automatically which is very good while placing the tripod on uneven grounds. Also the bubble level ensures the leveling of the tripod more effectively.

Pros:-

Bubble Level Indicator

  
1- 3 Way pan head
2- Load Hook can be used to hang weights
3- Strong built quality
4- Self adjustable footpegs
5- Bubble Level
6- Budget Friendly 




Cons :-

None So far  



                                                                                           

How to Download and View Your Favorite YouTube Videos Offline

Moment of rejoice for YouTube users in India! From now on you can download your favorite YouTube videos on your iOS, and Android devices without installing any third party application. Google India announced about this latest development a few days ago on its blog.

You can download a video in YouTube app only. Once downloaded a video will be available for offline viewing during the next 48 hours. Within this time span you can watch the videos as many times as you want without worrying about data balance.

How to Download a YouTube video?

Step#1 Open the YouTube app then look for the offline downloading icon.

Step#2 Tap the offline download icon once and you will asked to choose the quality of the video you want to download.

Step#3 Choose the appropriate video quality and select OK.

Currently there are restrictions on videos that can be downloaded due to copyright and other issues. Due to this several videos have the offline download button disabled.

Google hasn't rolled out this feature globally. And is only in a few countries[Indonesia, Philippines are the others] where average data access speed is slow, costly, and and a huge number of users access YouTube from their smartphone.

How to Watch Videos Downloaded Earlier?

No third party apps other than the YouTube app is allowed to play the downloaded video as Google has restricted this.

To play a downloaded video, Pull the Navigation Drawer(slide from the left of the screen) in YouTube app.

Now scroll down to find the option Offline, tap it once.

How to Resolve "Waiting for WiFi to add to offline. Visit Settings to reset" issue?

This message is displayed when you try to download a video over mobile data connection. You can solve this by-

Step#1 Open Settings in YouTube app, then tap Offline.

Step#2 Uncheck "Add over WiFi only".

Is There Any Limitation on Number of Videos Can be Downloaded?

No, there is no such limitation, you can download as much as you phone's capacity supports.

Why Offline Download icon is Missing Inside My YouTube app?

This may due to either you haven't updated YouTube app to latest version or you belong to a country where this feature is currently not available.

Book Your Next Gas Cylinder Using the Android App

Now you can book a new cylinder, order mechanic service, and perform other activities right from the Android App.  All the Indian cylinder distributor already has their own Android App listed in the Play Store.

You can download the App of your gas distributor for free from the play store [Click on the appropriate gas distributor- Indane, HP Gas, Bharat Gas to download the App].
 
In order to use the App you have to register first with your gas service provider.While the link for registering has been provided in the App, you can also register by visiting http://mylpg.in/ and then choosing your gas company.

Not all company's app offers the same service, notable functions available in these Apps are Booking New Cylinder, Viewing Cylinder Ordered History and Requesting for second cylinder if you have only one cylinder.

Some App have the option Prefer Time Delivery, where you can set day on and time at you want the delivery man to come and deliver your cylinder and if you miss the day delivery man will come next week same time. This facility is currently available in a few big cities and gas company charges a modest amount of fee for that.