Northeast Frontier Railway Notified Recruitment for 1230 Group – D Post 2013

Northeast Frontier Railway Notified Recruitment for 1230 Group – D Post 2013

Northeast Frontier Railway invited application for recruitment to the post of Group-D in Pay Band - 1 of Rs 5200 - 20200 with Grade Pay Rs 1800. The candidates eligible for the post can apply through prescribed format before 21 October 2013. The Northeast Frontier Railway is one of the 16 railway zones in India. Headquartered in Maligaon, Guwahati in the state of Assam it is responsible for rail operations in the entire Northeast and parts of West Bengal and Bihar.

Important Date

• Closing Date for receipt of application: 21 October 2013

• Closing date for receipt of application for Andaman and Nicobar and Lakshadweep Islands: 5 November 2013

Educational Qualification: Minimum 10th class pass or ITI or equivalent. Academic qualification must be from recognized educational institution/Board, otherwise candidature will be rejected even after appointment to Railway Service.

Examination Fee: Rs.100/- for UR and OBC candidates. Candidates belonging to SC/ST, Physically Handicapped, women, minorities, ex- serviceman and economically backward classes are exempted from payment of examination fees. The fee shall be paid in the form of Indian Postal Order from any Post office drawn in favour of FA&CAO, N.F. Railway and payable at GPO, Guwahati.

Vacancy Details

• Name of Post: Group-D in Pay Band - 1 of Rs 5200 - 20200 with Grade Pay Rs 1800

• Total no. of Posts: 1230 Posts

Age limit

• Candidate age should be between 18 years to 33 years as on 1 January 2014.

• Age Relaxation in upper age limit for candidates belonging to SC/ST is 5 years.

• And for OBC candidates is 3 year.

• Age relaxation will be extended as per govt norms.

Pay Scale: Rs. 5200-20200 + GP of Rs. 1800

Selection Process:

Candidate’s selection shall be made on the basis of followings:

• Written Test

• Physical Efficiency Test (PET)

• Original document verification

• Medical Examination

How to Apply:

•  Eligible candidates can apply through prescribed application format, as given in the notification.

• Fill that form completely and affix passport size photograph duly signed by the candidates and attested by gazetted officer, attested copies of certificates, two self

addressed envelope with postage stamp on each envelop and with super scribed on the top "Applications for Gr. D posts, Northeast Frontier Railway".

• Application form should reach to the Chairman, Railway Recruitment Cell, N.F Railway, Station Colony, Pan Bazar, Guwahati, Assam (PIN 781001) or should be dropped in the box provided at Railway Recruitment Cell (RRC) before 21 October 2013 on all working days except Saturday, Sunday and Holidays.

Detailed Notification & Application Format Click Here>>

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21 September 2013: Daily Current Affairs updates

21 September 2013: Daily Current Affairs updates

Film/Entertainment

1) Gyan Correa’s National award-winning Gujarati film ‘The Good Road’, a lost-and-found story of a small boy, was today nominated to represent India in the Best Foreign Film category at next year’s Oscars.

2) Tamil Nadu Chief Minister J Jayalalithaa inaugurated the celebrations of 100 years of Indian cinema at Jawaharlal Nehru Indoor stadium in Chennai. It was jointly organised by the state government and South Indian Film Chamber of Commerce.

Days

1) World Alzheimer's Day observed- September 21st is observed as the World Alzheimer's day for focusing on raising the awareness about Alzheimer's and dementia. Alzheimer's organisations give special attention on this day to keep people around the globe alert about Alzheimer's disease, which is the most common form of dementia. The most important risk factors of Alzheimer's disease are age, family history, and heredity. There are many other factors as well, which increase the risk of getting Alzheimer's disease that are generally related to your lifestyle.

Awards/ Achievements

1) World’s largest solar project coming up near Jaipur- Heavy Industries Ministry is planning to set up an ‘Ultra Mega Green Solar Power Project’ in Rajasthan. It will be developed on 23,000 acres of land belonging to Sambhar Salts Ltd. This area is close to Sambhar lake and about 75 km from Jaipur. The total capacity of this project will be 4,000 MW, making it the largest solar-based power project in the world. The first phase of the project, which will be 1,000 MW, is likely to be commissioned in three years – end of 2016.

National

1) Blaming the Samajwadi Party Government for the recent Muzaffarnagar riots, two former legislators today resigned from the party.

2) Small destinations in the country will have air connectivity with a network of more than 100 airports planned to meet the expected passenger load capacity of 30 crore by 2020, Prime Minister Manmohan Singh today said.

3) Emergency cell set up at Nedumbassery airport  in Kochi, Kerala to ensure that the operations are not affected in case there is flooding if the shutters of the Idukki dam are opened.

International

1) 35% voter turnout recorded in Sri Lanka provincial council elections.

2)  Pakistani judicial commission today left for India to cross-examine the key witnesses in the Mumbai attacks case to take forward the prosecution of seven suspects, including LeT commander Zakiur Rehman Lakhvi.

3) World’s chemical weapons watchdog has begun today to examine details of Syria’s chemical arsenal supplied by the regime, as rebels agreed a truce with jihadists in a key border town.

4) Super typhoon Usagi hits Philippines, Taiwan.

Sports

1) Mumbai Police has charge sheeted Chennai Super Kings’ former Team Principal Gurunath Meiyappan in the IPL betting scandal.

2) Defending champions Mumbai Indians today announced its official Twitter hashtag dedicated to Sachin Tendulkar for the Champions League T20 tournament. For the next one month of Champions League T20, all tweets from MIpaltan and its fans would have #ThisTimeFor10dulkar as its official hashtag.

3) Group stage matches of the Champions League T20 kicks start today with inaugural match between Rajasthan Royals and Mumbai Indians.

4) Greek Alpine skier Ioannis Antoniou has been named as the first torchbearer of the Sochi 2014 Olympic Torch Relay.

Business/Economy

1) Gold prices slumped further at the domestic bullion market on Saturday due to consistent selling by stockists as well as subdued investment offtake amid bearish overseas sentiment.

2) Jawaid Akhtar, Chairman, Coffee Board of India, has been elected chairperson of the International Coffee Council.

3) Repo rate hike is likely to add to the burden of the automobile industry, which is already reeling under sluggish demand. Buyers may rethink on purchases during the festival season, as interest rates on loans will go up.

4) Members of the All-Kerala Bank Employees Federation will take part in the September 25 all-India bank strike, the federation has said.  strike, called by the All-India Bank Employees Association, is to oppose the move for amalgamation of State Bank’s associated banks and the RBI’s plan to give banking licences to non-banking finance companies and corporate houses. The association also seeks autonomy for the associated banks of the State Bank of India.

Technology

1) Internet giant Google has modified its homepage making it user friendly across various devices such as mobiles and tablets.

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Employment News this week: Job Highlights (21 September- 27 September 2013)

Employment News this week: Job Highlights (21 September- 27 September 2013)

01. EMPLOYEE’S STATE INSURANCE CORPORATION (ESIC) requires 122 Insurance Medical Officers. Last Date - 07.10.2013

02. EMPLOYEE’S STATE INSURANCE CORPORATION (ESIC) needs 131 Anesthesia, Pulmonary Medicine, Radio Diagnosis Etc. Last Date - 14.10.2013

03. ELECTRICITY SERVICE COMMISSION, U.P. POWER CORPORATION LTD. LUCKNOW requires 336 Assistant Engineer. Last Date - 07.10.2013

04. GAIL (INDIA) LIMITED, U.P invites applications for the posts of Technician, Operator, Assistant , Junior Accountant Etc. Last Date - 07.10.2013

05. GAIL (INDIA) LIMITED, DELHI needs 26 Sr. Manager, Dy. Manager, Sr. Engineer. Last Date - 05.10.2013

06. TRIPURA UNIVERSITY, TRIPURA invites applications for the posts of Asstt. Registrar, Section Officer, Asstt. Engineer, Manager Etc. No. of Vacancies – 25. Last Date - 04.10.2013

07. NATIONAL INSTITUTE OF OPEN SCHOOLING, U.P. required 65 Director, Joint Director, Deputy Director Etc. Last Date - 28.10.2013

08. NATIONAL HANDLOOM DEVELOPMENT CORPORTAION LIMITED,LUCKNOW invites applications for the posts of Chief Manager, Sr. Manager, Dy. Manager Asstt. Manager Etc. No. of Vacancies – 11. Last Date - 30.09.2013

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IBPS RRB PO Exam held on 21 September 2013 -General Awareness Questions Asked

IBPS RRB PO Exam held on 21 September 2013 -General Awareness Questions Asked

Friends.. Here is some General Awareness Questions asked in today's morning section IBPS RRB PO Exam. These questions were shared by our friends.. We thank them all for sharing this.

1. Which authority has maximum shares of rural banks??

2. RRBs regulated by?

3. Amount to be infused in PSU banks this fiscal?

4. Uttrakhand disaster help by international bodies?

5. Women's strengthening government schemes?

6. Who is W.E.O. CHIEF> Fatih Birol

7 who is UTI ASSEST MANAGER NAME........?

8 How many meaningful words can be made with IDKS?

9 Author of Turning Points?

10 New Governor of RBI?

11 Who appoints Attorney General of India?

12 What is the purpose of Banking Ombudsmen?

13 India to help which country in its Elections?

14 What protects data of a FLOPPY?

15 Floppy is a type of Storage........?

16 What can be used to store Data and take the Data to other place...........?

17 What is CRR?

18 Floppy stores data in the form of.....TRACKS, SECTORS?

19 Maximum Limit of RTGS

20. New Member of European Union?

21. New Governor of Sikkim?

22. PV sindhu related to?

23. Who won the Champions Trophy 2013- India

24? Committee for NABARD?

25. Which company installed white label ATm first in country?

26. Blue revolution?

27. Kathakali is folk dance of ---?

1. New Member of European Union - Croatia

2. New Governor of Sikkim - Sriniwas Patil

3. PV sindhu related to - Badminton

4. Who won the Champions Trophy 2013 - India

5. Committee for NABARD - Shivaraman

6. Which company installed white label ATm first in country? - Tata

7. RTGS limit - no limit

8. Kathakali is folk dance of ---? Kerala

9. P Sathasivam is in news? he is - CJI of India

10. Largest producer of Rice in world? - China

11. Commercial paper is issued by - Corporate

12. What do u mean by CRR

13. Attorney general of India appointed by

14. 28th member of EU

15. Who is Raghu Rajan

16. Financial task action force HQ

17. SAARC head office- Nepal

18. Who won global peace award – Nelson mandela

19. What does a banking ombudsman do

20. Nirbhaya allocation in budget

21. CEO of World economic forum… klaus schwab

22. Turning point authour – kalam

23. Blue revolution – fish

24. India to help which country in its Elections?

28. P Sathasivam is in news?

29. Largest producer of Rice in world?

30. Commercial paper is issued by -

31. What do u mean by CRR

32? Attorney general of India appointed by

33. 28thmember of EU?

34. Who is Raghu ram rajan?

35. Financial task action force HQ

36. Saarc head office?

37. Who won global peace award –

38. What does a banking ombudsman do

39? Nirbhay aallocation in budget

40. CEO of World economic forum…

41. India to help which country in its Elections?

If you have anything to share with us...send us to currentaffairs4examz@gmail.com

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Daily Current Affairs updates from 20 September 2013

Daily Current Affairs updates from 20 September 2013

Economy/Business

1) RBI Governor Raghuram Rajan surprised the industry and shocked the stock markets by hiking the short-term policy rate(Repo Rate) by 0.25 percent to keep "worrisome" inflation under check - a move that may increase EMIs for home and auto loans in the medium term. Other policy rates will be adjusted accordingly.

Present Bank Rates are as follows:

Bank rate: 9.50%

Repo rate: 7.50%

Reverse repo rate:6.50%

MSF rate: 9.50%

CRR: 4%

SLR: 23%

2) The benchmark BSE S&P Sensex slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation.

3) Tata Steel appointed TV Narendran as its new Managing Director for India and South East Asia with effect from November 1.

4) Government approved a proposal to hike dearness allowance to 90 percent from existing 80 percent, a move that would benefit about 50 lakh Central Government employees and 30 lakh pensioners.

5) Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender SBI said that lending and deposit rates will go up in view of the festive season demand.

National

1) CBI registered two enquiries to look into the issue of missing files on coal block allocations from the Coal Ministry.

2) Muzaffarnagar riots: BJP MLA Suresh Rana arrested in Lucknow.

3) Government cleared a proposal for regulating and monitoring the quality of care and education provided to children at play schools and crèches across the country.

4) Union Cabinet approved the National Early Childhood Care and Education (ECCE) policy which aims to help 158.7 million children under the age group of six, an official said.

5) Union Cabinet approved setting up of HPCL's Rs 37,229 crore refinery-cum- petrochemical complex in Rajasthan.

6) President Pranab Mukherjee gave away the National Communal Harmony Awards on Friday for 2011 and 2012.

International

1) Chinese space station to open for foreign astronauts soon.

2) Deaths from floods and landslides battering Mexico neared 100 as a fresh hurricane hit the northwest and rescuers faced a risky mission in a village buried in mud.

3) A top UN official said the global AIDS epidemic could be over by 2030 because of progress made in treatment and control of the disease.

4) Prince George, two-month-old British royal baby, has eclipsed Prime Minister David Cameron and Mayor Boris Johnson to become the ‘most influential’ person in London.

5) Legendary artist MF Husain's landmark painting 'Bhopal,’ which depicts the horrors of the 1984 gas leak tragedy in the Central Indian city, is set to be auctioned in London, with a pre-sale estimate of up to 3,00,000 pounds.

Sports

1) Lionel Messi at his ‘sensational’ best with 62 Champions League goals.

2) Indian challenge at the USD 200,000 Japan Open Super Series ended after shuttlers Ajay Jayaram, K Srikanth and HS Prannoy lost their respective men's singles quarterfinals at the Tokyo Metropolitan Gymnasium.

3) India's triple jumper Renjith Maheshwary suffered a massive set-back as the Sports Ministry decided not to give him the Arjuna Award after detailed investigations revealed that the athlete had indeed failed a dope test during the national championships in 2008.

4) Former secretary of the Indian Cricket Board, Jaywant Yeshwant Lele passed away at his residence following a massive heart attack.

5) Kolkata giants Mohammedan Sporting created history by winning the prestigious Durand Cup Football tournament after a gap of 73 years, defeating ONGC 2-1 in the final held in New Delhi.

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Repo, Reverse Repo, Bank rate, Call rate, CRR & SLR- Definitions for Banking Exams

Repo, Reverse Repo, Bank rate, Call rate, CRR & SLR definitions for Banking Exams

Useful for Bank PO| Bank Clerk | Other Banking and Competitive Exams

Quiz on Latest RBI Policy Rates for Exams

Repo (Repurchase) Rate

Repo rate is the rate at which banks borrow funds from the RBI to meet the gap between the demand they are facing for money (loans) and how much they have on hand to lend.

If the RBI wants to make it more expensive for the banks to borrow money, it increases the repo rate; similarly, if it wants to make it cheaper for banks to borrow money, it reduces the repo rate.

Reverse Repo Rate

This is the exact opposite of repo rate.

The rate at which RBI borrows money from the banks (or banks lend money to the RBI) is termed the reverse repo rate. The RBI uses this tool when it feels there is too much money floating in the banking system.

If the reverse repo rate is increased, it means the RBI will borrow money from the bank and offer them a lucrative rate of interest. As a result, banks would prefer to keep their money with the RBI (which is absolutely risk free) instead of lending it out (this option comes with a certain amount of risk)

Consequently, banks would have lesser funds to lend to their customers. This helps stem the flow of excess money into the economy

Reverse repo rate signifies the rate at which the central bank absorbs liquidity from the banks, while repo signifies the rate at which liquidity is injected.

Bank Rate

This is the rate at which RBI lends money to other banks (or financial institutions)

The bank rate signals the central bank’s long-term outlook on interest rates. If the bank rate moves up, long-term interest rates also tend to move up, and vice-versa.

Banks make a profit by borrowing at a lower rate and lending the same funds at a higher rate of interest. If the RBI hikes the bank rate, the interest that a bank pays for borrowing money (banks borrow money either from each other or from the RBI) increases. It, in turn, hikes its own lending rates to ensure it continues to make a profit. This is currently 6 per cent.

Call Rate

Call rate is the interest rate paid by the banks for lending and borrowing for daily fund requirement. Si nce banks need funds on a daily basis, they lend to and borrow from other banks according to their daily or short-term requirements on a regular basis.

Cash Reserve Ratio (CRR)

Also called the cash reserve ratio, refers to a portion of deposits (as cash) which banks have to keep/maintain with the RBI. This serves two purposes. It ensures that a portion of bank deposits is totally risk-free and secondly it enables that RBI control liquidity in the system, and thereby, inflation by tying their hands in lending money

Statutory Liquidity Ratio (SLR)

Besides the CRR, banks are required to invest a portion of their deposits in government securities as a part of their statutory liquidity ratio (SLR) requirements. What SLR does is again restrict the bank’s leverage in pumping more money into the economy.
Also check Latest Repo, Reverse Repo, Bank Rate, CRR, SLR, MSF Rates for Exams

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Govt launches austerity measures; no creation of new jobs or filling of posts lying vacant for over one year.

Govt launches austerity measures; no creation of new jobs or filling of posts lying vacant for over one year.

Central government on 18 September 2013 (Wednesday) unveiled austerity measures, putting a freeze on fresh appointments, banning holding of its conferences in 5-star hotels and barring officials from executive class air travel, in a bid to check fiscal deficit from going out of control.

Battling slow economic growth and not too robust tax collections yet, the government came out with a slew of measures that will ensure that Ministries and departments will not buy new vehicles, create new jobs or fill posts lying vacant for over one year.

The Finance Ministry on Wednesday issued a circular containing the steps, which will cut non-Plan expenditure by 10 per cent, a day after Finance Minister P. Chidambaram met Financial Advisors of various Ministries to impress upon them the need for austerity and to contain expenditure within the budget target.

The measures aim at restricting the fiscal deficit to the budgeted figure of 4.8 per cent of the GDP in 2013-14.

The Ministry has directed that the size of delegations going abroad should be kept at “absolute minimum.”

“Such measures are intended at promoting fiscal discipline, without restricting the operational efficiency of the government. In the context of the current fiscal situation, there is a need to continue to rationalise expenditure and optimise available resources,” the Ministry said. Mr. Chidambaram had earlier said that he had drawn a red line and would not allow the fiscal deficit to breach the target of 4.8 per cent of the GDP in 2013—14. The various austerity measures helped the government to contain the fiscal deficit at 4.9 per cent of the GDP in the previous financial year, against the budgeted target of 5.1 per cent.

Referring to jobs in government departments, it said there will be a total ban on new posts and those that have remained vacant for more than a year will not be filled except under very rare and unavoidable circumstances.

Click here to view official order

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10% DA hike for Central government employees w.e.f 01 July 2013

10% DA hike for Central government employees w.e.f 01 July 2013

Union Cabinet on 20 September 2013 (Friday) approved a double-digit increase of 10% in dearness allowance from existing 80% to 90 per cent, benefiting 50 lakh Central government employees and 30 lakh pensioners, with effect from July 1, 2013.

Significantly, the double-digit increase in DA has come after a gap of about three years. Since the government uses CPI-IW (Consumer Price Inflation – Industrial Workers) data for the previous 12 months to arrive at a figure for computation of any increase in DA instalment, the percentage hike is based on the retail inflation data for July 2012-June 2013. The previous DA hike of 10 per cent was in September 2010 when the government announced an additional instalment given with effect from July 1 that year.

In April this year, the government announced DA increase from 72 to 80 per cent with effect from January 1, 2013.

Official Release on PIB read as follows:

Release of additional installment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.7.2013

The Union Cabinet today approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2013, in cash, at the rate of 10 per cent increase over the existing rate of 80 per cent.

Hence, the Central Government employees as well as the pensioners are entitled for DA/DR at the rate of 90 per cent of the basic with effect from 01.07.2013. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.

The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs. 10879.60 crore per annum and Rs. 7253.10 crore in the financial year 2013-14 ( i.e. for a period of 8 month from July, 2013 to February 2014).

Official order from finmin is expected soon and the same will be posted in this blog immediately on release by finmin. Keep Visiting!!!

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Exam Dates of SSC Combined Higher Secondary Exam 2013 Pre-poned

Exam Dates of SSC Combined Higher Secondary Exam 2013 Pre-poned

Staff Selection Commission revised the dates for Combined Higher Secondary Exam 2013. Earlier the exam was scheduled to be held on 10 November 2013 and 24 November 2013. Now, the commission has pre-poned the dates to 20 October 2013, 27 October 2013, and 10 November 2013. The admit card for the same will be issued in due course of time.

Click here to view CORRIGENDUM

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Recruitment of Probationary Officers in Bharatiya Mahila Bank

Recruitment of Probationary Officers in Bharatiya Mahila Bank

Bharatiya Mahila Bank, the first women's public sector bank headquartered in Delhi is gearing up to be operational by November 2013. The key objective of the Bharatiya Mahila Bank is to focus on the banking needs of women and promote economic empowerment. The Bank is looking for intelligent, motivated and passionate workforce committed to delivering business goals and assisting the organization in formulation, adoption and redefining of business strategies and goals from time to time.

They have invited application from eligible female candidates who have qualified in the Common Written Examination for POs/MTs conducted by IBPS in the year 2012. A total of 115 Posts are available. Details are as follows:

Name of the Post: Probationary Officers in JMGS-I

No. of Posts: 115

Important Dates:

Date of Commencement of Application: 19/09/2013

Date of Closure : 30/09/2013

Start Date for Fee deposit: 19/09/2013

Last Date for Fee deposit: 30/09/2013

Last Date for Reprint: 15/10/2013

Click Here for detailed notification (Under Whats New Option)

Click Here to apply online

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