FAQ on Honorarium to MTS/Group 'D'

No. I-11020/1/2014-Estt.(AL)Government of India/Bharat Sarkar
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel & Training

The following FAQs supplement the FAQs in respect of Estt. (Allowances) Section already placed in public domain vide F. No. 21011/08/2013-Estt.(AL)

Honorarium
SI. No.	Frequently asked Questions	Answer
1.	What are the rates of honorarium admissible to MTS/Group 'D' officials when they are appointed to work as Dispatch Rider/Scooter Driver?	The rate of such honorarium is pegged at Rs. 10/- per day in terms of this Department's OM No. No.17011/01/2011-Estt.(AL) dated 17-04- 2013
2.	What are the rates of honorarium admissible to MTS/Group 'D' officials/ Dispatch Riders/Scooter Drivers when they are appointed to work as Staff Car Drivers?	The rate of such honorarium is pegged at Rs. 20/- per day in terms of this Department's OM No. No.17011/01/2011-Estt.(AL) dated 17-04- 2013,

Source: www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/I-11020_1_2014-Estt.AL-31032014.pdf]

Bank proposes no minimum balance penalty - May increase costs for customers, say bankers

Customers might not be required to pay for non-maintenance of a minimum balance in a bank but could have to pay additional charges for use of other services in such cases, such as an account statement or ATM withdrawals or cheque book issuance.

In its bi-monthly monetary policy review on Tuesday, the Reserve Bank of India (RBI) said instead of penal charges for non-maintenance of a minimum balance in ordinary savings bank accounts, banks should limit the services available on such accounts, to those available to basic accounts.

While the decision on penalty removal is yet to be finalised, senior bankers said this would mean an increase in the charges paid by customers for transactions of all kinds. Further, RBI said banks should restore the services when the balances improve to the minimum required level.

Aditya Puri, managing director, HDFC Bank, said: "The consumer will end up paying more in the alternative. Let us say the minimum balance is Rs 10,000 and we earn four per cent on it. For Rs 400, we give you cheque books for the full year, ATM transactions, we give you the account balance and the statements. Break-even for the bank to provide those services is Rs 30,000. If you have consumer interest in mind, you will not push this because the alternative is, then you are charged for these services. If I start charging you for these, you will end up paying more. It is implied that if you don't charge on non-maintenance of minimum balance, you are authorised to charge on the transaction."

However, this proposal is still under consideration. Puri explained this was a suggestion by RBI and the Indian Banks' Association will explain its viewpoint to the regulator.

He noted a bank was also there to make a profit, not give free service. "This is a cost. To break even, to provide you the services, I actually need a minimum balance of Rs 20,000," he said.

K R Kamath, chairman and managing director, Punjab National Bank, said for a basic account, the clear instructions are that you cannot charge for not maintaining the balance. He said the direction is to have an entire set of accounts where it is defined that they wont be charged for non-maintenance of balance but would only be entitled to certain services.

Soumya Kanti Ghosh, chief economic advisor — economic research department, State Bank of India (SBI), said, “It will be a decision by individual banks how they take the decision of non–maintenance of minimum balance. Since the policy suggests that the banks should limit the services to such accounts, so, if that is the case, there is a possibility that there is a re-look at the charges for things such as charges for number of ATM transactions etc. The RBI still needs to clarify what it means by limit services.”

Rupa Rege Nitsure, chief economist, Bank of Baroda, said a penalty for non-maintenance of a minimum balance was more relevant from the viewpoint of private sector and foreign banks, which charge a huge penalty or even make accounts defunct if a customer did not maintain a minimum balance. “If we want more people to use banking facilities and talk about financial inclusion, one cannot be so harsh on customers,” she said.

According to the head of retail operations of a public sector bank, these charges are levied to recover the operational costs incurred by banks for maintaining the accounts. "Even if there is just Rs 100 in such accounts, in our books it is still an account and we have to maintain it. There is no benefit except paying the minimum four per cent interest. Following computerisation, the cost for maintaining such accounts has come down but still it is an expense for banks. The penalty was intended to gradually weed out such accounts,'' he said.

The central bank also said that in the interest of their consumers, banks should consider allowing their borrowers the possibility of pre-paying floating rate term loans without any penalty.

“If borrowers have taken a floating rate loan from banks and if they pre-pay, banks are at a loss as it reduces the asset size. However, from a recovery standpoint, pre-payment is a positive thing. Pre-payment is not such a harsh action that the banks need to penalise the customers. Penal action will reduce the loan appetite of borrowers for loans. Thus, removal of penalty is an important step from the point of view of financial inclusion,'' says Nitsure.

Banks offer floating rate loans to some segments like the MSME (micro small and medium enterprises) sector. However, in case of retail loans, only home loans have floating rate, in which case the pre-payment penalty has already been abolished. All other retail loans like car loans and personal loans are fixed rate loans.

The banking regulator said that banks should also limit the liability of customers in electronic banking transactions in cases where banks are not able to prove customer negligence.

Source : http://www.business-standard.com/

DA order issued by Directorate

The DA payable to the employees may be enhanced from existing rate 90% to 100% with effect from
01.01.2014.

Fathers Of Different Fields

1. Father of Astronomy : Copernicus
2. Economics : Adam Smith
3. Biology : Aristotle
4. Chemistry : Antoine Lavoisier

5. Geometry : Euclid
6. History : Herodotus
7. Genetics : G.J. Mendel
8. Botany : Theophrastus
9. Classical mechanics : IsaacNewton
10. Computer : Charles Babbage
11. Comedy : Aristophanes
12. English poetry : GeoffreyChaucer
13. Homeopathy : Heinemann
14. Indian Green Revolution : M.S.Swaminathan
15. India's Communication Revolution : Sam Pitroda
16. Medicine : Hippocrates
17. Modern physics : GalileoGalilei
18. Nuclear physics : Ernest Rutherford
19. Nuclear science : Marie Curie , Pierre Curie
20. Pentium Chip : Vinod Dham
21. Periodic table : Dmitri Mendeleev
22. Political science : NiccolòMachiavelli
23. Quantum mechanics : Max Planck
24. Relativity : Albert Einstein
25. Robotics : Al-Jazari
26. Thermodynamics : Sadi Carnot
27. Zoology : Aristotle

HEADS OF IMPORTANT OFFICES

Dr. manmohan singh : Chairman, planning commission

Ms. Meira kumar : speaker, lok sabha

Mohammed hamid ansari : chairman, rajya sabha

Mr. P.J. Kurien : Deputy chairman, rajya sabha

Mr. karia munda : deputy speaker, lok sabha

Ms. Sushma swaraj : leader of opposition (lok Sabha)

Mr. Arun jaitley : leader of opposition (rajya sabha)

Dr. montek singh ahluwalia : Deputy chairman, planning commission

Dr. raghuram rajan : Governor, RBI

Mr. V.S. Sampath : Chief election commissioner

Mr. harishankar brahma : election commissioner

Syed nasim ahmad zaidi : election commissioner

Mr. shashi kant Sharma : comptroller and auditor-general of india

Mr. justice K.G. balakrishnan : chairperson, national human rights commission

Mr. justice vangala eswaraiah : chairman, national commission for backward classes

Prof. D.P. Agarwal : chairman, UPSC

Mr. S.C. sinha : Director-General, national investigation agency (NIA)

Syed Asif Ibrahim : Director, IB

Mr. Ranjit sinha : Director, CBI

Mr. Alok Joshi : Director, (RAW research and analysis wing)

Mr. J.N. Choudhury : director-general, NSG

Mr. Dilip Trivedi : Director-general, CRPF

Mr. Subhash Joshi : Director-general, BSF

Mr. Arvind Ranjan : Director-general, CISF

Mr. P.K. Mehta : director-general, railway protection force (RPF)

Mr. Ajay Chaddha : Director-general, ITBP

Mr. Arun Chaudhary : Director-general, SSB

Prof. Ved Prakash : Chairman, UGC

Dr. Avinash Chander : Director-general, DRDO

Dr. K. Radhakrishnan : Chairman, space commission and ISRO

Dr. Ratan Kumar sinha : Chairman, Atomic Energy commission

Mr. Wajahat Habibullah : Chairperson, national commission for minorities

Mr. Amitava Bahattacharya : Chairman, SSC

Mr. C. chandramouli : Registrar-General and Census commissioner of India

Mr. Justice D.K. Jain : Chairman, Law Commission

Mr. Shailesh Gupta : Chariman, Audit Bureau of Circulations (ABC)

Ms. Poonam Kishor Saxena : Chairperson, Central Board of Direct Taxes (CBDT)

Ms. Mamta Sharma : Chairperson, national commission for woman

Dr. Y.V. Reddy : Chairman, 14th Finance commission 

Source : http://www.questionpaper4exam.com/

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LETTER OF AUTHORISATION OF SERVICE ASSOCIATION

 

No.13/01/2010-SR

Ministry of Communications IT.

Department of Posts

SR Section

Name of the Office

LETTER OF AUTHORISATION

To

..........................................................

...........................................................

Designation of Divisional Head

                   I.................................................................... (Name & Designation) being a member of................................................................................................  (Name of Service Association) hereby authorise deduction of monthly subscription of Rs..............per month from my salary starting from the   month of July 2014 payable on 31.07.2014 and authorise its payment to the above mentioned Service Association.

                 I hereby certify that I have not submitted authorisation in favour of any other service Association. If the above information is found incorrect, I fully understand that my authorisation for the Association becomes invalid.

                                                                                         Signature

Station:-                                                                          Name

Date:-                                                                              Designation

..........................................................................................................................................................

To be filled by the Association

                                      It is certified that Shri/Smt ........................................................................is

a member of.....................................................................................  (Name of the Service Association)

                                       It is further certified that the above authorisation has been signed by Shri/Smt.................................................................................................................in my presence

                                                                                            Signature..............................................................

                                                                                    Name (in Capital)............................................                                                                                            Of authorised office bearer...................................

Signature

Name (in capital)

Of the member

Question paper of Postal Asst./Sorting Asst. Exam-Kerala Circle held on May 2005

Previous Year Exam Question Paper 2005

                        Click here to download

Courtesy : http://pasaexam2014nfpekerala.blogspot.in/

Revised rates of DA w.e.f 01-01-2014- Order communicated by Directorate ( DEPT. OF POSTS)

To view Ministry of Finance (Department of Expenditure) OM No.1-1/2014-E-II(B) dated 27-03-2014 please Click Here

The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of March, 2014.

Previous year question paper - Postal/Sorting Assistant Examination (2013-GK) with answer Key

1. Government of India has recently granted "Maharatna Status to two more Navratna Public Sector enterprises. Which are the these new companies joining the club of Maharatna public sector undertakings. (A) Steel authority of India Limited and National Thermal Power Corporation Limited (B) Bharat heavy Electrical Ltd and Gas authority of India Limited (C) Indian Oil Corporation and Coal India Limited (D) Bharat Heavy Electricals Limited and Oil and Natural gas corporation  Ans: B

2. India's newly built and tested missile 'Astra' is meant for (A) Surface to surface strike (B) Air to Air Strike (C) Surface to Air Strike (D) Air to surface Strike Ans: B

3. The Governor General who adopted a policy of Europeanization of Bureaucracy and an exclusion of Indian from higher posts (A) Warren Hastings (B) Wellesley (C) Cornwallis (D) Dalhousie Ans: C

4. During which movement Bal Gangadhar Tilak was given the epithet Lokmanya and Gandhiji give the slogan 'swaraj in a year' respectively: (A) Home rule Movement and Non Cooperation Movement (B) Swadeshi Movement and Dandi March (C) Quit India Movement and Civil Disobedience Movement (D) Khilafat Movement and Civil Disobedience Movement Ans: A

5. Recently Dargah Muinuddin Chisti at Ajmer was in news due to visit of Pakistani Prime Minister Dargah Muinudding Chisti at Ajmer was built by: (A) Qutubuddin Aibak (B) Alauddin Khilji(C) IItutmish (D) Khijra Khan Ans: B

6. Bauxite is an ore of: (A) Zinc (B) Aluminum (C) Lead (D) Copper Ans: B 7. Which one of the following is the land area in the extreme south of India? (A) Indira Point (B) Rameshwaram (C) Cape Comorin (D) Puducherry Ans: A

8. The ozone layer lies in the: (A) Troposphere (B) Tropopause (C) Stratosphere (D) None of these Ans: C

9. In Union Budget 2013-14, "Voluntary Compliance Encouragement Scheme" was launched by Government of India. This scheme is related to: (A) Service Tax (B) Commodity Transaction Tax (C) Income Tax (D) Securities Transaction Tax Ans: A

10. Economic Survey 2012-13 states that Non Performing Assets of increased from 2.36% to 3.57% in September, 2012. The description of Non performing Assets was with reference to which sector. (A) Telecom Sector(B) Human Resource Sector (C) Oil and Gas Sector (D) Banking Sector Ans: D

11. This is the rate at which Reserve Bank of India borrows money from commercial banks: (A) Reverse Repo rate (B) Statutory Liquidity ratio (C) Repo rate (D) Cash reserve ratio Ans: A

12. As per election commission of India, how many recognized national political parties are there in India? (A) 6 (B) 2 (C) 7 (D) None of these Ans: A

13. The present deputy chairman of Rajya Sabha is elected member of Parliament from which State of India? (A) Andhra Pradesh (B) Tamilnadu (C) Kerala (D) Karnataka Ans: C

14. The constitution of India was adopted on: (A) 26th January, 1950 (B) 15th August, 1947 (C) 26th November, 1949 (D) 26th January, 1951 Ans: C

15. The Present strength of Rajya Sabha members is ..... out of which..... are representatives of states and union territories of Delhi and Pondicherry and .... are nominated by president:(A) 250, 238, 12 (B) 247, 235, 12 (C) 245, 233, 12 (D) 248, 236, 12 Ans: C

16. Which of the following glands produces insulin in human body? (A) Pancreas (B) Spleen (C) Liver (D) Pituitary Ans: A

17. Which of the following is food poisoning organism (A) Clostridium botulinum (B) Streptomyces fecalis (C) Lacto bacillus (D) None of these Ans: A

18. Development of goiter (Enlarged thyroid gland) is mainly due to deficiency of: (A) Sodium (B) Calcium (C) Iodine (D) Iron Ans: C

19. The emission of which causes global warming? (A) Carbon dioxide (B) Carbon monoxide (C) Nitrogen (D) Hydrocarbon Ans: A

20. Who was adjudged player of the tournament by scoring most number of runs in the tournament in women's world cup cricket held recently:(A) Jess Cameron (B) Megan Schutt (C) Anya Shrubsole (D) Suzie Bates Ans: D

21. Who won the inaugural Hockey India League ended in Ranchi recently: (A) Ranchi Rhinos (B) Uttar Pradesh Wizards (C) Delhi Wave Riders (D) Mumbai magicians Ans: A

22. FIFA-2014 world cup is proposed to be held in: (A) Quatar (B) Brazil (C) Spain (D) Russia Ans: B

23. Wanchoo committee Dealt with: (A) Direct Taxes (B) Right to Information Reforms (C) Agriculture Prices (D) Parliamentary Reforms Ans: A

24. Kyoto Protocol is: (A) An international agreement for extradition of foreign enemy (B) An international agreement describing formula for conversion of foreign exchange (C) An international agreement to reduce green house gases (D) An international agreement to deal with International Terrorists organization Ans: C

25. India successfully completed its 101th space mission by launching Indo - Frenchsatellite SARAL recently. This satellite is for: (A) Preparation of a detailed and complete map of Antarctica (B) Study the climate on Mars (C) Oceanographic study (D) None of these is true Ans: C

Source : http://postalguide100.blogspot.in &   http://sapost.blogspot.com/