Thursday, April 03, 2014
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
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
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||
SI.
No.
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Frequently asked Questions
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Answer
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1.
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What are the rates of honorarium
admissible to MTS/Group 'D' officials when they are appointed to work as
Dispatch Rider/Scooter Driver?
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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
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2.
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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,
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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.
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
Tuesday, April 01, 2014
HEADS OF IMPORTANT OFFICES
Dr. manmohan singh : Chairman, planning commission
Ms. Meira kumar : speaker, lok 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
 |
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.
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