IPO Examination has been Postponed
IPO exam 2012 scheduled dated 15 &16 September 2012 has been postponed till further order by the competent authority vide DTE letter no. A-34012/07/2012-DE dated at New Delhi, 6th September, 2012
Friday, 7 September 2012
New Pension Scheme for Workers without benefit of Formal Pension
There are 6.92 crores members under Employees’
Pension Scheme, 1995 as on 31.03.2012. However, to ensure the welfare
of the workers who are not benefited by any formal pension scheme, the
Government has announced a co-contributory pension scheme the
‘Swalalamban’ whereby the Central Government would contribute a sum of
Rs.1,000 per annum in each New Pension System (NPS) account opened
having a savings of Rs.1,000 – Rs.12,000 per annum. The Scheme
commenced in 2010-11. The Government will provide contribution for 5
years to the beneficiaries who register in the year 2010-11, 2011-12 and
2012-13 and therefore, the scheme has been extended up to the year
2016-17.
A total of 3,01,920 subscribers during 2010-11, 6,43,980 subscribers during 2011-12 and 90,061 subscribers till 30th August, 2012 in the current Financial Year have been enrolled under the Scheme.
This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today.
A total of 3,01,920 subscribers during 2010-11, 6,43,980 subscribers during 2011-12 and 90,061 subscribers till 30th August, 2012 in the current Financial Year have been enrolled under the Scheme.
This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today.
Source : PIB, Sept 6, 2012
Saving Scheme in Post Offices
The
Minister of State for Communications & Information Technology Sh Sachin Pilot informed the Lok Sabha yesterday that the
gross deposit of Small Savings Scheme in Post Offices
declined in the financial year 2011-12 as compared to the year
2010-11.
The
decline of gross deposit in small savings schemes is, among other things, due
to investor’s choice of alternative instruments for effecting savings. The
Government has taken following measures to make the small saving schemes more
attractive:-
1.
The rate of interest on Post Office Savings Account (POSA) has been increased
from 3.5% to 4%. The ceiling of maximum balance in POSA 1 lakh in single account and 2 lakh
in joint account) has been removed.
2.
The maturity period for Monthly Income Scheme (MIS) and National Savings Certificate
(NSC) has been reduced from 6 years to 5 years.
3.
A new NSC instrument, with maturity period of 10 years, has been introduced.
4.
The annual ceiling on investment under Public Provident Fund (PPF) Scheme has
been increased from ` 70,000 to ` 1 lakh.
5.
Liquidity of Post Office Time Deposit (POTD) – 1, 2, 3 & 5 years – has been
improved by allowing pre-mature withdrawal at a rate of interest 1% less than
the time deposits of comparable maturity. For pre-mature withdrawals
between 6-12 months of investment, Post Office
Savings Account (POSA) rate of interest has been allowed.
6.
Central and State Governments take various measures from time to time to
promote and popularise small saving scheme through
print and electronic media as well as by holding seminars, meetings and
providing training to the various agencies involved in mobilising
deposits under various small savings schemes. The rate of interest on Small
Savings Schemes has been aligned with Government-Security rates of similar maturity
with a spread of 25 basis points (bps) in all schemes except 10 Years National
Savings Certificates (IX-Issue) and Sr. Citizens Savings Scheme where the
spread of 50 bps and 100 bps has been given respectively (100 bps are equal
to 1%). Interest rate for every financial year will now be notified
before 1st April of that year.
There
were 26,01,69,920 number of operational small savings
accounts in the Post Offices as on 31.03.2012 and the amount
deposited therein upto the end of March 2012
was Rs. 190732.73 crore .
2,84,10,593 accounts were closed by customers during
financial year 2011-12.
Source : PIB, Sept 6, 2012
Proof of Identity during Train Journey
With a view to reduce chances of misuse of
reservation system by unscrupulous elements, it has been prescribed that
passengers have to produce original proof of identity during the
journey in the following cases:
1. For e-tickets, any one of the passengers booked on the ticket has to produce any one of the prescribed proofs of identity in original.
2. For Tatkal tickets, the original proof of identity as indicated on the ticket.
3. For journey in Air-conditioned classes, any one of the passengers booked on the ticket has to produce any one of the prescribed proofs of identity in original.
For other than Tatkal and e-tickets, no instructions regarding production of proof of identity while traveling in non Air-conditioned classes have been issued, so far.
This information was given by the Minister of State for Railways Shri K. H. Muniyappa in written reply to a question in Lok Sabha today.
1. For e-tickets, any one of the passengers booked on the ticket has to produce any one of the prescribed proofs of identity in original.
2. For Tatkal tickets, the original proof of identity as indicated on the ticket.
3. For journey in Air-conditioned classes, any one of the passengers booked on the ticket has to produce any one of the prescribed proofs of identity in original.
For other than Tatkal and e-tickets, no instructions regarding production of proof of identity while traveling in non Air-conditioned classes have been issued, so far.
This information was given by the Minister of State for Railways Shri K. H. Muniyappa in written reply to a question in Lok Sabha today.
Source : PIB, Sept 6, 2012
Question Paper Postal /Sorting Assistant 2009 - English and Mathematics
RECUIRTMENT TO THE CADRE OF SORTING ASSISTANT/POSTAL ASSISTANT .
APTITUTDE TEST- DECEMBER 2009
PART 1 – ENGLISH
( Select the most appropriate word/set of words)
1. The word most nearly opposite in meaning to Valor
a. admonition b. Injustice c. Cowardice d . Generosity
2. The word most nearly similar in meaning to tentative
a. Prevalent b. Portable c. Making d. Experimental
3. The pair whose relationship is most like the relationship expressed in the pair beggar: beg
a. Medium- Advise b. Mediator: Disagree C. Mercenary : Demand
d. Mentor : Guide
Fill in the Blanks ( Question 4-10 )
4. We list confidence in him because he never ------------------his promise.
5. Her true feelings --------------- themselves in her sarcastic asides; only then was her ------------- revealed
6. Technically glass is a mineral and ---------------
a. Water so b. water is so c. so is water d. so water is
7. Rajasthan --------------- a very climate
a. has b. being d. having d. with
8. One of the least effective ways of storing information is leaning
a. how repeat b. repeating c. to repeat d. repeat
9 Many modern architects insist on------------------ materials native to the region
that will blend in to surroundings landscape .
a. use b. to use c. the use d . using
10. By
the time a baby has reached its first birthday , he should , without
the help of an adult ----------------- sit up or even stand up.
a. to be able b. able to c. to be able d. be able to
PART II: MATHEMATICS
11. A jar contains 10 red marbles and 30 green Ones. How many red marbles must be added to the jar so that 60 % of the marbles will be red?
a. 25 b. 30 c. 35 d. 40
12. Driving at 48 miles per hour, how many minutes will take to drive 32 miles.
a. 23 b 32 c. 40 d.45
13. If a = 9*8321 and b=9*7321 what is the value of a –b
a. 8000 b. 9000 c. 7000 d. 6000
14.
From 1989 to 1990, the number of applicants to a college increased 15 %
to 5000. How many applications were there in 1989?
a. 759 b. 4301 c. 4400 d. 5819
15. Find two numbers whose sum is 27 and product is 182
a. 11, 12 b. 12, 13 c. 13, 14 d. 14, 15
16. How many three- digit numbers are divisible by 7 ?
a. 108 b. 118. c. 128 d.138
17 Liz is now twice as old as Jose but 6 years ago she was 5 times as old as he was. How old Liz now?
a. 10 b.16 c. 20 d. 24
18. What is the sum of the product and quotient of 8 and 8 ?
a. 62 b. 63 c. 64 d . 65
19. Liz solved 24 Maths problems in 15 minutes. At this rate, how many problems can she solve in 40 minutes?
a. 25 b. 64 c. 40 d. 48
20. If the average (arithmetic mean) of 25,31 and x is 37 what is the value of x?
a. .31 b.37 c. 43 d. 55
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