MODEL QUESTIONS FOR IPO EXAM ( POSTAL LIFE INSURANCE )

POSTAL LIFE INSURANCE

1.         Postal life insurance scheme started in

         
            a)         01-02-1882                                        b)         01-02-1892
            c)         01-02-1882                                        d)         None of these                       Ans: c

2.         Who are eligible for obtaining a PLI Policy of the following

            a)         Central/Stage Govt employees      b)         Defense services
            c)         Nationalized banks/RBI                  d)         All the above                         Ans:d

Three per cent quota in Government Service for the Disabled is only for initial appointments not for Promotions - Madras High Court

Three per cent quota in government service for the disabled is only for initial appointments, and the government cannot be directed to extend it for promotions, ruled the Madras High Court on Monday.

Dismissing a petition seeking a direction to the government to reserve three per cent for promotions to physically handicapped persons, Justice K. Chandru said: “The provisions are contemplated only for initial appointments and not for promotions. The petitioner has not made out any case to seek a direction to provide for reservation for the disabled persons in the matter of promotions in respect of State services.”

The writ petition was filed by the South Arcot Vallalar District Handicapped Welfare Association, represented by its president S. Shanmugam, seeking reservation for the disabled in promotions. If suitable employees were not available in a particular year, the unfilled posts could be carried over for the next three succeeding years.

Departmental, criminal proceedings can proceed at a time: HC

New Delhi, June 10, 2012: A government official can be made to face departmental disciplinary proceedings and trial for his alleged role in a criminal case simultaneously, the Delhi High Court has ruled, rejecting the plea of an IFS officer, facing the twin trouble. 

“The employer should not wait for the decision of the criminal court before taking anydisciplinary action against the employee and that such decision on the part of the employer does not violate the principles of natural justice,”said a bench of Justices Badar Durrez Ahmed and V K Jain, rejecting the plea of the IFS officer, allegedly involved in trafficking nine persons to Germany in 2005.

Counting of training period for granting financial upgradation under MACPS-reg.

GOVERNMENT OF INDIA 
MINISTRY OF RAILWAYS 
(Railway Board)

No PC-V/201l/M/4/NFIR

New Delhi, dated 07-06-2012.

The General Secretary
NFIR
3, Chelmsfrd Road,
New Delhi-110055.
Sir,

Sub:- Counting of training period for granting financial upgradation under MACPS-reg.

   The undersigned is directed to refer to NFIR’s letter No. IV/MACPS/09/Pt-5, dated 22/05/2012 and to state that issues relating to grant of financial upgradation under MACPS are regulated in terms of the specific instructions contained in Board’s letter dated 10-06-09, whose para-9 of Annexure stipulates that “ .......pre-appointment training shall not be taken in to into reckoning for the purpose of MACPS”.

LATEST INTEREST RATES CHART... ... (w.e.f. 01.04.2012)

Scheme	Term	Rate of Interest	Monthly Deposit	Total Interest	Maturity Amount
RD	5 Yr	8.4 % QCI	1000	14651	74651

Scheme	Term	Rate of Interest	Deposit Amount	Total Interest	Maturity Amount
TD	1 Yr	8.2 % QCI	10000	846	10846
	2 Yr	8.3 % QCI	10000	1712	11712
	3 Yr	8.4 % QCI	10000	2601	12601
	5 Yr	8.5 % QCI	10000	4385	14385
MIS	5 Yr	8.5 % SI	15000	6360	21360
SCS	5 Yr	9.3 % SI	10000	4660	14660
NSC	5 Yr	8.6 % HCI	10000	5235	15235
	10 Yr	8.9 % HCI	10000	13887	23887

Courtesy : http://manooss.blogspot.in

PS GR B Exam 2012 - Question Paper

please click here

Conducting of LDCE for promotion to the cadre of Inspector Posts (68.66%) Departmental quota for the year 2012

To view Department of Posts (Recruitment Division) letter No. A-34012/7/2012-DE dated 7th June, 2012 on the above subject please Click here.

PROCUREMENT OF BICYCLE FOR POSTMEN

DG(POSTS) No 1-6/2011 Dated 04th June 2012

The Department intends to provide specially designed bicycles to the Postmen all over the country during 12th Five Year Plan to help delivery staff carrying the mail of various sizes of articles in their beats for delivery to the public.

It is proposed to design and develop the box of fiberglass or any other light weight durable material for carrying the mail/articles to be attached with the postal bicycle.

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Pension Bill: Cabinet defers decision in view of differences

New Delhi: With key UPA constituent Trinamool raising the banner of opposition to the pension reform bill, the government on Thursday played safe by deferring the legislation, apparently keeping in view the upcoming Presidential polls.

The Union Cabinet was to take up the Pension Fund Regulatory and Development Authority Bill, 2011, which provides for private sector and foreign investment in pension sector, but put it off without any consideration, sources said.