സ്ത്രീകള്‍ എങ്ങിനെ വസ്ത്രം ധരിക്കണം എന്ന് പുരുഷന്‍ നിഷ്ക്കര്‍ഷിക്കുന്നത് ശരിയോ? അല്ലെങ്കില്‍ തിരിച്ചും?

Saturday, August 18, 2012

TO VERIFY YOUR PA/SA EXAM APPLICATION CURRENT STATUS



Dear friends,
               Any of your relatives/ friends are going to apply for the PA/SA Recruitment 2012 exam then before going to despatch the Application to the recruitment board, kindly note the Application OMR sheet number and then despatch. If so only They could find out their application receipt/acceptance etc., by tracking the OMR Number in the following link. 

To verify the status of receipt of application, the applicants may click here

List of Central Universities in India 2012



Central Universities in India
States
Andhra Pradesh
● English & Foreign Languages University, Hyderabad 
www.efluniversity.ac.in
● Maulana Azad National Urdu University, Hyderabad
www.manuu.ac.in
● University of Hyderabad, Hyderabad
www.uohyd.ac.in

Arunachal Pradesh
● Rajiv Gandhi University, Itanagar
www.rgu.ac.in

Assam
● Assam University, Silchar
www.aus.ac.in

● Tezpur University, Tezpur
www.tezu.ernet.in

Bihar
● Central University of Bihar, Patna
www.cub.ac.in

Gujarat
● Central University of Gujarat, Gandhinagar
www.cug.ac.in

Haryana
● Central University of Haryana, Gurgaon
www.cuharyana.org

Himachal Pradesh
● Central University of Himachal Pradesh, Dharamashala
www.cuhimachal.ac.in

Jammu and Kashmir
● Central University of Jammu, Jammu
www.jammuuniversity.in
● Central University of Kashmir, Srinagar
www.cukashmir.ac.in

Jharkhand
● Central University of Jharkhand, Ranchi
www.cuj.ac.in

Karnataka
● Central University of Karnataka, Gulbarga
www.cuk.ac.in
Kerala
● Central University of Kerala, Vidyanagar
www.cukerala.ac.in

Chhattisgarh
● Guru Ghasidas Vishwavidyalaya, Bilaspur
www.ggu.ac.in

Madhya Pradesh
● Dr. Harisingh Gour Vishwavidyalaya, Sagar
www.dhsgsu.ac.in
● The Indira Gandhi National Tribal University, Amarkantak
http://igntu.nic.in

Maharashtra
● Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya, Wardha
www.hindivishwa.org

Manipur
● Central Agricultural University, Imphal
www.cau.org.in

● Manipur University, Imphal
www.manipuruniv.ac.in

Meghalaya
● North Eastern Hill University, Shillong
www.nehu.ac.in

Mizoram
● Mizoram University, Aizwal
www.mzu.edu.in

Nagaland
● Nagaland University, Lumami
www.nagauniv.org.in

Odisha
● Central University of Orissa, Koraput
http://cuo.ac.in 

Punjab
● Central University of Punjab, Bathinda
www.centralunipunjab.com

Rajasthan
● Central University of Rajasthan, Jaipur
www.curaj.ac.in

Sikkim
● Sikkim University, Gangtok
www.sikkimuniversity.in

Tamil Nadu
● Central university of Tamil Nadu, Thiruvarur
www.cutn.ac.in
● Indian Maritime University, Chennai
www.imu.tn.nic.in/

Tripura
● Tripura University, Agartala
www.tripurauniv.in

Uttar Pradesh
● Aligarh Muslim University, Aligarh
www.amu.ac.in
● Babasaheb Bhimrao Ambedkar University, Lucknow
www.bbau.ac.in
● Banaras Hindu University, Varanasi
www.bhu.ac.in
● University of Allahabad, Allahabad
www.allduniv.ac.in

Uttarakhand
● Hemwati Nandan Bahuguna Garhwal University, Garhwal
http://hnbgu.ac.in 

West Bengal
● Visva Bharati, Shantiniketan
www.visva-bharati.ac.in

Union Territories
Delhi
● Indira Gandhi National Open University
www.ignou.ac.in
● Jamia Millia Islamia
http://jmi.ac.in
● Jawaharlal Nehru University
www.jnu.ac.in
● University of Delhi
www.du.ac.in


Puducherry
● Pondicherry University
www.pondiuni.edu.in
 

Courtesy :http://allexamguru.blogspot.in

Best Practices For Backing Up Your Data On External Drives





Have you ever lost your data due to a system breakdown? If you have, then you must be aware of the importance of backing up your data regularly. People seem to overlook its importance. Most people seem to learn this simple lesson the hard way and I’ll admit that I’m one of them. So folks, start backing up your data regularly before you become the next unlucky person. Getting that out of the way, people generally use external media for backing up and storing data. External media, though being a great means for the purpose, still need to be dealt with care and require certain security measures in order to be secure. In this article I’ll share a few Best Practices For Data Backup that will enhance the security of your data through the external media.
1. Selection of the Medium
The first and foremost thing that needs to be done carefully is the selection of the type of the external media that you will use for storage. This needs to be decided after sorting out your data that you need to back up. You should know the size and the nature of the data and choose the suitable storage medium accordingly. For example, if you choose to store your data on your CD, you should know whether the data would require editing in the future. In that case, you should choose a re-writable disk instead.

2. Backup ALL Your Data

While backing up the data, most people begin searching for selective or relevant pieces of data that they’d like to backup. However, that may be a good practice if you consider the maximization of the disk space but it may come back to haunt you later. What if later some day you encounter some problem and need a certain file that you thought you wouldn’t need before and chose not to backup? You might end up regretting not backing up that certain piece of information. Therefore, if you have a storage medium with sufficient disk space, you should backup your data in it entirety.

3. Keep Your Backup Off-Site

This is another important tip for you. It is highly common for users to keep their backup drives and disks on the same site where the original data lies. Yes, i get it, in case of data loss, it’ll save your time to access the data if it is held on the same location. But in case of a theft or a natural disaster, it will backfire. If someone comes with the intention of costing you your data, then that someone might be smart enough to search around and destroy anything he finds. In case of a natural disaster, the location can get badly affected as you may know. Therefore, regularly take backup on your external disks and keep them off-site, i.e. at a close/trusted relative’s place. Specially if you are running an organization, where the amount of crucial data is huge and you might need professional services, like titanpower.com to take care of your data backup and power solutions to keep your devices running smoothly and to avoid any storage devices disaster.

4. Keep Multiple Copies of the Data

Storing and backing up data on external drives is considered as one of the best practices for data backup and it may be great, but it still involves risk of losing the data. In one of my previous posts “4 Best Ways To Transfer Files Over LAN or Wifi Network“, I mentioned the risks that external media such as USBs or Hard Drives contain. In case of damage to the disk through an accident or for some other reasons, the disk may get corrupted and you may lose your data. While that might be inevitable, you can keep your data secure by keeping multiple copies of the same data on different mediums. That way, even if one of your drives gets corrupted, your data will still be safe on another disk.

5. Automate Your Backups

If you are lazy, or are too busy to take backups, then this one’s for you. You can automate your backups using any software or using window’s automated backups. You can select the external device or drive that you want the data to be backed up at. Schedule backups daily. This way, you won’t have to manually do it yourself. You can also use some freeonline data backup services that offer to backup your files and folder synced automatically in real time on online servers.

These were a few tips and practices for you to ensure the safety of your data. I hope you find them useful. Follow these simple tips so you never have to feel helpless by losing all your data


Take care of money, as it will take care of you



Why do we lose money? Why are we generally not happy with our financial decisions? Why did it have to happen to me? Why did it happen when I invested my money? The answer is really simple but it is going to be very hard to digest.
Either we are complacent or just that we do not want to take the effort. This is a plain cold fact. If I had to put a number to this, reasonable estimate would be 10 per cent Vs 90 per cent, ie 10 per cent people are just complacent, while 90 per cent just do not want to take the effort. What makes things worse is that these 90 per cent people want short-cuts. Just quickly give me an investment tip, what's the best investment, what's new these days, where can I get the maximum returns, what is safe but can give very high returns,
I have got so and so investment, what are the prospects, what is the future? These are normally the questions most people want to ask. Everyone wants a quick fix and no one is really interested in spending time or effort. What makes matters worse is manufacturers exploiting this and launching new products regularly.
Ironical that the manufacture now says things like, this product is better than ever before which in other words means what they were selling till now was not so good.
Remember there are no short-cuts and nothing worthwhile in life is ever free. The next time you get something for free, just pause to think if there is really much value, commitment and credibility if you were to act upon that piece of information. Rarely this is true; remember free information in financial matters can be grave. In my view if you want something, you have to work hard for it. Then you have to spend time and money. There is no other way.
Life will continue to be more ever so busy and just like your children, your parents, your money also needs due attention. Irrespective of whether you are the do-it-yourself person or the lets-get-help person, the dire need of the hour is a serious investment of time.
So if you are the do-it-yourself person then is a lot to learn first. Educate yourself thoroughly. Spend money for educational books, courses, software, magazines, subscriptions etc. Learn the basics. Move over to advanced knowledge then. Whichever stream you choose, be it day trading, options, futures, currency, stocks, bullion, mutual funds, insurance, fixed income, there is an ocean of information to digest. This is a lot of hard work. On the other extreme you could simply bypass all this and invest in a bank fixed deposit.
But if you are keen to make wealth then get involved in the process and don't depend on friendly neighbourhood advice or the advice of your friend's friend who is a broker/ agent. Just think if you had to buy vegetables for 50 rupees you would check prices with three vendors. But you would not blink to invest Rs 50,000 on a hot tip.
So do you see why we lose money or are not happy with our financial decisions? For something that we want the most in our lives we spend the least amount of effort and time. We want to enjoy spending money but do not do enough to ensure that we have enough of it forever. We are not prepared to work hard; we are not prepared to seek the right advice. These days information is easily available and geography is irrelevant. All one needs to do is take the first small step, ie, to decide to invest time and effort for personal financial matters. If you don't take care of money, money will never take care of you. It's that simple.
On the other hand if you do not have the time and patience to do things yourself, the least you can do is invest time in searching and hiring a financial advisor.
Basically, if you can hire lawyers, chartered accountants, doctors etc for their service why do you want to risk your hard earned money? Invest time to talk to 3 or 4 or 5 experts if you want but finally choose the one you like and you feel most satisfied and
comfortable to work with.Don't waste your time with agents and brokers who are merely product distributors. But to do this is also a lot of hard work and it will be worth all the time spent. Is that too much to do for a lifetime of peace and financial control? Just invest this time once. Finding a good advisor is one short-cut you can afford to take. 

By Kartik Jhaveri, Director - Transcend Consulting 
Courtesy: The Financial Express, August 13, 2012

Thursday, August 16, 2012

Sree Narayanaguru Guru news

Model Questions for IPO Examination - Consumer Protection Act

Model Questions for IPO Examination - Consumer Protection Act

Q1  The State Consumer Protection Councils shall meet as and when necessary
but not less than two meetings shall be held every year.
The  above said  statement  is   true or false
True
Q2  Consumer Disputes Redressal Forum to be known as the "District Forum"
established by ---------------
The State Government
Q3  Who is the chairman of  the Central Consumer Protection Council

Minister in charge of consumer affairs  in the Central Government
Q4 What is the condition  related with  tenure of members in district consumer
 protection councils
The term of five years or up to the age of 65 years, whichever is earlier,
Q5 Every proceeding before the District Forum shall be deemed to be a judicial
 proceeding within the meaning of sections----------- and --------------   of the
Indian Penal Code

193  and 228
Q6  What is the time limit  for  submitting  an appeal  against  the  order made by
  the  district  forum  to  the state commission
Thirty days from the date of the order
Q7 Consumer Protection Act, 1986  extends to the whole of India except the
 State of Jammu and Kashmir
The  above said  statements is true or  fale
True
Q8 The  below mentioned  activity  is coming  under the  definition  of  --------------------------
“Falsely represents any re-built, second-hand, renovated, reconditioned or
 old goods as new goods”
Unfair trade practice
Q9   Consumer Disputes Redressal Forum to be known as the ----------------------
"District Forum
Q10  State   the  time  limit  for admit  a  complaint  before  the District Forum,
the State Commission or  the National  Commission
Two years from the date on which the cause of action has arisen
  
Q11  The National Commission shall have administrative control over all the State Commissions   calling for periodical returns regarding the institution, disposal,
 pendency of cases
The  above  said  statement is  true or false
True
Q12  Where a complaint instituted before the District Forum, the State
 Commission or, as the case may be, the National Commission, is found to
 be frivolous or vexatious.
Then make an order that the complainant shall pay to the opposite party
such cost, not exceeding --------
Ten thousand rupees
Q13  How  the consumer is defined  in consumer protection act 
For the purpose of the Consumer Protection Act, the word 
"consumer" has been defined separately for "goods" and "services
Q14  The  consumer protection act applies to all goods and services
unless otherwise expressly notified by the Central Government.
The  above said  statement is  true or False
True .
Q15  What are the Three-Tier Grievance Redressal Machinery for
enforcement of the rights of the consumers
At the base, the Slate Commission at the middle level and
 the National Commission at the apex level.
Q 16 If  the consumer would  like  to  file  complaint  against  the verdict
  issued  by  National  consumer  Protection  Council   then where
 it  can be challenged
In the Supreme Court. 
Q17  Growing crops is under the category  of -------------------- in  consumer
 protection act
Goods
Q18 The Indian Parliament enacted Consumer Protection Act
in December, 1986. It came into force on -------------
April  15, 1987
Prepared by   S  Jayachandran , SA,  Divisional  office , Mavelikara -690101


  To  Download this  article Please Click -------------    DOWNLOAD /VIEW 

 

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SYLLABUS OF PA/SA EXAM (DIRECT RECRUITMENT)2012 and PREVIOUS YEAR QUESTION





SYLLABUS OF PA/SA EXAM (DIRECT RECRUITMENT)2012

Paper I

Part 'A'
25 Questions on General Knowledge - Questions on current events, sports, history, geography, basic economics, general polity, Indian Constitution, science environment etc. - 25 Marks

Part 'B'
25  Questions on Mathematics of matriculation standard which may cover
number system, simplification, decimals, corrections, simple and
compound interest, per  centage, average, profit  &  loss, discount,
menstruation, time & work and time & distance etc. - 25 Marks

Part "C"
25  Questions on English covering grammar (prepositions, adverbs,
conjunction,direct/ indirect speech, singular  &  plural, tenses,
antonyms/synonyms etc - 25 Marks

Part “D" 
25 Questions on Reasoning and analytical Ability - 25 Marks.


Paper II

Computer/ Typing Test (Paper-II): The Typing Test shall be for a duration of 30 minutes (15 minutes each for Typewriting and data entry) consisting of one passage of 450 words in English or 375 words in Hindi to be typed with a minimum speed of 30/25 words per minute respectively & Data entry of some figures and letters each carrying equal marks on Computers. The typing test and test of data entry operations will be conducted on Computer key board but not on type writer.

 PREVIOUS YEAR QUESTION

 Previous Year Paper for Postal Assistant / Sorting Assistant 2010 batch

1. The JATAKA Tales were composed in the ancient language of _______?
A) Sanskrit B) Brahmi C)Greek D)Pali

2. Who is the head of Indian state?
 
A) prime minister B) president C)speaker D)vice president

3. When was constitution of Indian adopted by constituent assembly?
A)26th nov 1949 B)26th Jan 1950 C) 15th aug 1947 D)30th jan 1948

4. Which countries participate in common wealth games?
A) All countries of the world B)countries which were colonies of british empire C)asia pacific Region countries D)under developed countries

5. Viswanathan anand is associated with which game?

A)snooker B) billiards C)chess D)ice hockey
6. HTTP stand for

A)hypo test transfer protocol B)hyper text transfer protocol C)hyper test transfer proxy D)none of these
7. Polio disease is spread by

A)parasite B)bacteria C)virus D)protozoa
8. Phylloquinone is chemical name of

A)vitamin A B)vitaminC C)vitamin K D)vitamin D
9. The best parliamentarian award for 2009 has been conferred on

A)hema malini B)jaipal reddy C)m m josi D)manmohan singh
10. Lothal had a structure which, according to some archaeologists, was a

A)citadel B)dockyard C)public building D)great tank
11. Liquefied petroleum gas(LPG)consist of

A)butane and propane B)ethane and hexane C) ethane and nonane D)butane and nonane
12. The hobby of collecting stamps is called as

A)philanthropy B)numismatics C)philately D)philology
13.the new rupee symbol is a combination of English and ______ scripts

A)devanagari B)tamil C)telugu D)Gurumukhi
14. The Nobel peace prize for 2009 was awarded to

A)barack obama B)bill Clinton C)Mikhail gorbachev D)nicholas sarkory
15. Who among the following was the author of “RAJTHARANGINI”, commonly regarded as the first genuine history of India written by an Indian?

A) Banbhatta B) ravikirti C) pushpadanta D) kalhana
16. Twitter, facebook n, and orkut are examples of_____ websites
A) E-mail B) social networking C) search engines D) internet telephony

17. H1N1 virus causes which of the following diseases?
A) Swine flu B) chickungunya C) dengue D) avian flu

18. Biological pigment that determines skin colour in humans is called
A) Protein B) melanin C) vitamin D) toxin

19. Which dance form originated from Kerala?
A) Odissi B) katak C) kuchipudi D) kathakali

20. Nathu la is located in the Himalayas. La means
A) Glacier B) pass C) hillock D) crevasse

21. a train 350 mts long is moving at a speed of 32kmph. It will cross a man coming from the opposite direction at a speed 3 kmph in
A) 28 sec B) 24 sec C) 36 sec D) 32 sec

22. .45/.005+.2*50=?
A) 10 B) 90 C) 100 D) 90.1

23. The age of the father is 5 times of the son. After 20 yrs father age is 40. Then what will be the age of the son?
A) 20 B) 22 C) 21 D) 24

24. a candidate appearing for an examination has to secure 40% marks to pass paper 1. But he secured only 40 marks and failed by 20 marks. What is the max mark for paper 1?
A) 100 B) 200 C ) 150 D)180

25. 6 times of an unknown no is 13 less than 55. The unknown no
A) 10 B) 7 C) 11 D) 5

26. A sports dealer bought 2000 hockey sticks for Rs.350each. 10% of them were found to be defective and unfit to be sold. At what price should he sell the remaining stick to get a overall profit of 8%?
A) 360 B) 400 C) 420 D) 450
27. The population of a colony of ants increases by 20% every day. If one Monday the population is 3000 on which day of the week is it 5184?
A) Wednesday B) Tuesday C) Thursday D) Friday

28. Three runners’ ajay, bharath and charan run a race with ajay finishing 20mts ahead of bharath and 34 mts ahead of charan, while bharath finishes 21 mts ahead of charan. Each runner travels the entire distance at a constant speed. What was the length of the race?
A) 40MTS b) 50MTS c) 60MTS d) 70 MTS

29. If 20men assemble 8 machines in a day how many men are needed to assemble 12 machines in a day?
A) 40 B) 20 C) 30 D) 42

30. Find the area in square mts if the perimeter of football field which is 120m long is 400 mts
A) 6500sq. m B) 9600sq.m C) 6800sq.m D) 4800sq.m

31. At the end of the dinner party all the 8 persons present at the dinner party shake hands with each other once. How many handshakes will be there in all?
A) 8 B) 16 C)28 D)64

32. Select the correct alternative from the given choices
BDFH, CBID, DZLZ, EXOV,_________
A) FVRS B) FVQR C) FVRR D)FVSR

33. Fill in the blank
8, 40, 20, 100, 50,_______,125
A) 225 B) 250 C) 200 D) 150

34. If the digits in the no. 86435192 r arranged in ascending order, what will b the diff b/t the digits which r second from the right and 4th from the left in the new arrangement?
A) 1 B) 2 C) 4 D)3

35. 3 of the following 4 are the alike in a certain way and so form a group. Which is the 1 that does not belong to that group?
A) 145 B) 325 C) 257 D) 399

36. In a certain code language, if the word ‘sector’ is coded as ‘CESROT’ then how will your code the word “OPPOSITION”?
A) SOPPONOITI B) NOITISOPPO C ) SOPOPNOITI D)SOPPONTIT
37. If 30th June, 1989 was a Friday, then what day of the week was 17th Sep, 1993?
A) WEDNESDAY B) THRUSDAY C) FRIDAY D) SATURDAY

38. Complete the series?
18, 27,6,9,2,3_____
A) 1 B) 2/3 C) 1/3 D) 1/2

39. My school is to the east of my house. My father’s office is to the south-west of my school. A park is to the south of my school. Towards which direction is my house located with re3spect to the park?
A) East B) north-west C) south-west D) south
40. Which one is different from others?
A) Calf B) colt C) cat D) puppy

41. “.A speech delivered without any pervious preparation” can be expressed in one word only put of the following?

A) Extempore B) Maiden C) Spinster D) Empiric

42. The garden is very dry today. Fetch me a _______ of water
A) Pale B) pail C) pile D) pill

43. Please, may I have _____oranges?
A) A few B) some C) little D) less

44. Delhi is ____ than Nagpur.
A) More bigger B) so bigger C) very bigger D) much bigger

45. Use proper conjunction in the sentence given below:
“GIVE ME ____ poverty ______riches.”
A) is/was B) nor/neither C) neither/nor D ) here/there
46. We need to ______our appointment
A) Reconnect B) reschedule C) reorganize D) regret

47. SCEPTICAL is exactly opposite to
A) Convinced B) doubtful C) questioning D) cynic

48. Choose wrongly spelt word
A) Relevent B) poignant C) prevalent D) malignant

49. A person who hates the institution of marriage
A) Misologist B) misogamist C) misogynist D) philogynist

50. We have been friends for ages. I ________ her since we were children.
A) Am knowing B) are known C) have known D)is known
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Highlights of Prime Minister’s Speech on 15 August, 2012



– You are aware that these days the global economy is passing through a difficult phase. We cannot do much about the conditions that prevail outside our country. But we must make every effort to resolve the problems inside our country so that our economic growth and the creation of employment opportunities in the country are again speeded up.

– If we do not increase the pace of the country’s economic growth, take steps to encourage new investment in the economy, improve the management of Government finances and work for the livelihood security of the common man and energy security of the country, then it most certainly affects our national security.

– I believe that this period of difficulties will not last long. Even as we face these problems, we should be encouraged by the fact that we have achieved extraordinary successes in many areas in the last 8 years. We now need to replicate these successes in newer areas.

– Today, one out of every 5 households in the country has become eligible to benefit from the Mahatma Gandhi Rural Employment Act through a job card. In only the last one year we have provided employment to more than 8 crore people under this scheme.

– When the UPA Government came to power in 2004, we had promised that we would provide electricity to all villages. To fulfill this promise, we launched the Rajiv Gandhi Rural Electrification Scheme. More than 1 lakh new villages have been provided with electricity connections under this scheme and now almost all the villages in the country have been electrified. Our next target is to provide electricity to each and every household in our country in the next 5 years and to also improve the supply of electricity.

– Today almost all children in the age group 6-14 years are being admitted to schools. More than 51,000 new schools have been opened in the country and about 7 lakh teachers appointed in them in just the last 2 years. Now we will focus on improving the quality of education. In the next few months we will put in place a system of continuous assessment of the benefit our children are getting from teaching. Participation of the community and parents would be ensured so that they can be satisfied with the quality of teaching.

– The National Skill Development Council has formulated a major scheme for skill development in which 8 crore people will be trained in the next 5 years. This is an ambitious scheme which can be implemented only through a specialized agency of the Central Government. Therefore, we are considering the establishment of a National Skill Development Authority so that skill development programmes all over the country can be implemented in a coordinated manner.

– Recently we have taken new measures to accelerate infrastructure development. Ambitious targets have been fixed in roads, airports, railways, electricity generation and coal production. The Government will take steps to increase investment for infrastructure development with the help of the private sector. To attract foreign capital, we will have to create confidence at the international level that there are no barriers to investment in India.

– Just 10 years back only 3 out of every 10 households in our villages were benefitting from banking services. Today more than half of the rural households get the benefit of bank accounts. It will be our endeavour to ensure that all households benefit from bank accounts in the next 2 years.

– We want to create a system in which money from Government schemes – pension for old people, scholarship for students and wages for labourers – can be credited directly into people’s bank accounts. This would reduce inconvenience to the beneficiaries, make it easy for them to receive payment and increase transparency. For this work, we will take help from the Aadhar scheme under which about 20 crore people have been registered so far.

– To provide housing for our poor brothers and sisters residing in urban areas of our country we will soon launch the Rajiv Housing Loan Scheme. Under this scheme, people belonging to the economically weaker sections would be given relief on interest for housing loans of less than Rs. 5 lakh.

–The incidents of violence which occurred in Assam recently are very unfortunate. I know that these incidents have resulted in the disruption of the lives of a large number of people. We fully sympathize with those families which have been affected by the violence. We are doing everything possible to provide relief to them. I also promise to you that our Government will make every effort to understand the reasons behind the violence and work hard with the State Governments to ensure that such incidents are not repeated in any part of the country.

–I would like to congratulate our scientists and technologists who have enhanced our prestige by successfully testing the Agni V Missile and launching the RISAT- I Satellite in space this year. Recently the Cabinet has approved the Mars Orbiter Mission. Under this Mission, our spaceship will go near Mars and collect important scientific information. This spaceship to Mars will be a huge step for us in the area of science and technology.

–Our Government has set up a committee to examine issues relating to pay and pension of armed forces personnel. This committee will also look into matters concerning pension of retired men and officers and family pension being paid to their families. We will take prompt action on the recommendations of the committee, once they are received.

–Our commitment to make the work of the Government and administration transparent and accountable stands. On the last Independence Day, I promised you that we would take many steps for this purpose. I am happy to state that during the last 1 year we have achieved good progress in this area. The Lok Sabha has cleared the Lokpal and Lokayukta Bill. We hope that all political parties will help us in passing this Bill in the Rajya Sabha. A number of other Bills have also been presented before the Parliament. The Cabinet has cleared a Public Procurement Bill.

Source : PIB

National Pension Scheme fee hike to make pension fund mgmt sustainable: IDFC



National Pension Scheme fee hike to make pension fund mgmt sustainable: IDFC
IDFC, one of the fund managers of National Pension Scheme (NPS), today said the proposed revision in fund management charges will help sustain the retirement fund industry in the long-run as all players are losing money under the present fee structure.
"The proposal to raise fund management charges in NPS will sustain the pension fund industry in the long-run as all players are losing money with the current charges," IDFC Chief Executive for Pension Funds Vikash Raj told reporters here.
He said as per the revised NPS guidelines, management charges will be revised soon, which is a welcome step.

At present, fund management fee is a dismal 0.0009 per cent per Rs 10 lakh in which all fund managers are losing money.
However, the revised guidelines have a provision for raising the commission with a cap provided by the pension fund regulator, PFRDA.
"If it (the charge) is fixed at around 0.25 per cent, then the business model will be sustainable," Raj said.
Reacting to new norms about appointing any number of fund managers from the existing six, he said this would help in garnering a higher number of subscribers.
Total corpus of NPS, a contribution-based scheme launched in May 2009, is around Rs 18,000 crore, majority of which is contributed by the public sector employees.
"As the number of players (fund managers) increase, this will help in raising the investor base," Raj said.
NPS, among the low-cost pension schemes in the world, has failed to take off among general public and private sector employees due to less awareness about the plan, he said.
"As awareness increases, the NPS is likely to become popular among the private sector employees and general public," he added.
Source: Indian Express