SO FAR VISITED

SO FAR VISITIED
please visit postalguide100.blogspot.in - Solved question Paper IPO 2012 Paper III and model question papers for various examination

Thursday, August 8, 2013

A set of Model questions from Post office Guide Part I- Study material for various Departmental Examination

                       http://postalguide100.blogaspot.in

      1.    The  Mobile  post  office  is  not  functioning   in  which  city  mentioned  below

A   Bombay   b.  Calcutta   c.  Delhi   d Trivandrum 
      2.    The  device  is a  stamping  machine  intended  to  stamp  impressions  of  dies  of  approved  design  on  private and  official  articles  in  payment  of  postage  and  postal  fees.  What  is  the  name  of  that  device  ?
      a.     Electronic   stamping  machine   b  Automatic  stamping  machine   c EPBX   d  Franking  machine
      3.    The  use  of  franking  machine  except  under a  valid  licence  issued  by  ---------------
a CPMG   b  PMG  c  Business Executive   d  Head  of  the  Postal  Division

     4.    The  franking machine  must  be   obtained   by  the  licence  only  from   the  firm  authorised  by  the  licensee  only  from  the  firm  authorised   by  the  Director  General of Posts
The  above  said  statement  is  true  or  false 
A True    b  False 
5  Wherever  the  licensee wishes  to  deposit   any sum  in  advance   and  to  have  the  meter  of  the  machine  reset    then  what  he  will  produce  ?

a Franking  Machine and  machine  details   b   Franking  Machine  and  related  documents   c  Franking  machine  documents  only  d  Franking  Machine  with  the  Franking  Machine  record  book
6 The  facility  of  pre-payment  of  Postage  charges in  cash   is    available  for ---------------and  ----------
a  Register red  News Papers and  unregistered  packets     b  Registered  parcels  and  unregistered  packets  c Insured  letter and  registered  news  papers  d  None  of  these

7 The  manufacture  and  use  of  fictitious  postage  stamps  for  any  purpose  whatsoever  is  prohibited  and is  an  offence  punishable  under  section  --------------  of  the  Indian  Penal  code  .

A 263- A      b  273    c   273-A        d   263
 8  A  copy of Gazette Notification No 58(E) dated 31.1.2011 deleting the Rule 195 of the Indian Post Office Rules, 1933 regarding ----------------------

A  'Certificate of Posting    b   discontinuation  of  KVP      c  Both  a  and  b      d None  of  these

9  What are the  articles  treated  as  first  class  mail ?

A Registered  News Papers  and  sample  packets   b  Book  Packets  and  sample  Packets  c  Postcards , Blind  Literature  ,  sample packets     d  Letters , Post Cards  and  letter  cards 
10. Reproduction  of  stamps  is allowed  for  illustration purpose in  Philatelic  publication  or  in an  article or  section  relating  wholly to  postage  stamps  which  may  appear  in  publication  of  a  general  character.

The  above  said  statement  is   true  or  False 
a   True  b  False     
11 How  many denominations  of  postal  orders  are  now  available  at  the  post  office  for  the  sale     

A 8       b  7     c 6      d None  of these
12  What  is  the  commission chargeable for  postal  order  for  Rs  100/-

a  5   b  2   c   3   d  10     
13  If  an  Indian  postal order  is  not  presented  for  payments  within  -----------  months  from  the  last  day  of  the  month  of  issue  a  second  commission  at  the  rates  prescribed  will  be  charged  which  must  be  paid  in  --------------

A  12 Months    and  Paid  in  postage  stamps    b  24 months   and  paid  in  postage  stamps  c   6 months  and  paid  in postage  stamps  d  None  of  these 
14 When  a  postal  order  is treated  as  forfeited  ?
A  Payment  more  than  36  months after  the  last  days  of the month of  issue 
B  Payment  more  than  24 months  after  the  last  days  of  the  month of  issue 
C Payment  more  than  12 months  after  the  last  days  of  the  month of  issue
D None  of  these 
15  The  purchaser  of an  Indian  Postal  order  can  obtain  repayment of  the  value  and  commission 
The  following  statement  is  true  or  false 
a True    b False
Prepared  by  S  Jayachandran,  System Administrator ,  Mavelikara  Head  Post  office 
690101- 9961464279

Monday, July 29, 2013

FAQ - Income Tax Returns


To  see  FAQ  related  with   Income  returns   Please  Click

           FAQ -Income  Tax  Returns  




Wednesday, July 24, 2013

Income-tax Return for the Financial Year 2012-13

To start with, all the taxpayers who have earned income above Rs 5 lakh in 2013-14, are required to file their income tax return in the assessment year (AY) 2013-14. The government has made many amendments to the Income Tax Act 1961, in the Budget 2013-14. While filing the return, you have to keep in mind the changes. Then, you have to understand the form that you have to fill. The salaried individuals, who are required to file their returns latest by July 31, have to fill what is known as ITR-1 (though there are certain exceptions to this which have been discussed later). If you fail to file returns within the due date and any taxes are payable by you after considering tax deducted at source (TDS) by your employer, advance taxes or other credits, you will be charged a penal interest at the rate of one per cent per month for the delay in filing the returns.
All the same, salaried individuals earning less than Rs 5 lakh and having saving bank interest income of less than Rs 10,000 in a year need not file their tax return. This too though comes with a rider. The exemption from filing return is available only if the employer has deducted the entire tax liability through TDS and deposited it with the government. If salaried employees have changed jobs during the year, they will not be exempt from filing the tax return even if they fulfill the condition.
All individuals having income above Rs 5 lakh have to mandatorily file I-T returns electr

Wednesday, July 17, 2013

Short list of Direct Recruitment PA/SA Examination

Short  list  of   Direct Recruitment  PA/SA  Examination   has  been  released    To  View  
                    Please  click                       SHORT LIST 

Wednesday, July 3, 2013

India Post needs to become a corporate for banking foray

While most of the 26 applicants for banking licence were usual suspects, there were a few surprises, too. And there was at least one unusual name, although its banking ambition was well known.

The application by the Indian Postal department, a division of the ministry of communications & information technology, has raised some curiosity within the Reserve Bank of India (RBI). This is because RBIs new bank  license  
norms released in February this year  talked about new bank licences in the private sector.

Since India   post is a part of a ministry, it cannot be considered as a private sector entity. According to RBI sources, to be eligible for a bank licence, India Post will have to become a corporate entity, because a government department cannot come under RBI purview. For example, if they are found violating the know-your-customer (KYC) or anti-money laundering norms, how can the regulator impose penalty against the sovereign, asked an RBI official.

India Post has for long wanted to diversify into a bank and had held discussions with RBI on this. According to experts, while the postal departments huge rural presence definitely gives it an edge to get a licence because both RBI and the government are emphasising on financial inclusion.

Technically, there are challenges on whether it fulfils the prescribed criteria but its reach definitely makes it a strong contender, sources said.

According to the final guidelines on a new bank licence, RBI has mandated 25 per cent of bank branches to be opened in un-banked rural areas. New banks should also meet priority sector norms right from inception.

Globally, there are examples of postal departments diversifying into lending activity. Deutsche Postbank  the Bonn-headquartered German retail bank  was formed from the de-merger of the postal savings division of Deutsche Bundespost in 1990.

With around 14 million clients, 19,000 employees and total assets amounting to ^170 billion, the Postbank Group is one of Germanys largest financial service providers. According to its website, the lender focuses on business with private customers as well as small and medium-sized companies.

The 26 entities that have applied to RBI include the Tata Group, Aditya Birla Group, the Anil Ambani Group, heavy engineering major L&T and a host of non-banking financial companies, including a gold loan company. Two micro finance companies have also applied.

Of the 26 applicants, there are usual suspects, but some surprises, too. There are a few names which meet the minimum requirement, but could rank low in terms of relative probability to get a licence. We expected a higher number of applicants, maybe around 30-35, said Monish Shah, senior director, Deloitte Touche Tohmatsu India.
Source   Business  Standard

Monday, July 1, 2013

Expected Dearness Allowance and Dearness Relief from July 2013

Expected Dearness Allowance and Dearness Relief from July 2013 : Central Government employees and Pensioners will get one more installment of additional DA and DR from July 2013 will be 10%, as per the release of AICPIN for the month of May 2013. Though the requirement of one more month of AICPIN for June to finalize the enhancement of Dearness allowance, there is possible to get 90% Dearness allowance and Dearness Relief from July 2013. The calculation table describes the steps as under
Month / Year
B.Y. 2001=100
Total of 
 12 Months
12 Months 
 Average
% Increase 
 over 115.763
App. DA
DA %
Dec-12
219
2512
209.33
93.57
80.83
80
Jan-13
221
2535
211.25
95.49
82.49
82
Feb-13
223
2559
213.25
97.49
84.22
84
Mar-13
224
2582
215.17
99.41
85.87
85
Apr-13
226
2603
216.92
101.16
87.38
87
May-13
228
2625
218.75
102.99
88.97
88
Jun-13
Expected
90




Wednesday, June 5, 2013

Top One In World - Some useful information for Various Examination

Top  one  In  World                              Download/Print
Largest Oceans
Pacific Ocean
Deepest Oceans
Southern Ocean
Longest River
Amazon
Highest River
Angel   (Venezuela)
Highest  Volcanoes
Ojos del Salado  (Chile)
Hottest Place  on Earth
Dalol , Ethiopia
Heaviest Mammals
African Elephant
Fastest Fish
Sailfish
Fastest Bird
Grey headed albatross
Longest Snakes
Reticulated (Royal) Python
Most common insects
Beetles
Largest  Butterflies
Queen  Alexandra’s birdwing
Top  One Sheep  Country
China
Top  One Cattle  country
Brazil
Longest  bone  in  the  human  body
Femur (Thighbone upper  leg )
Most  common  elements  in  the  human  body
Oxygen 
Largest  Human  organ 
Skin
Country  with  most  births
India
Country  with  the  lowest  birth  rate
Monaco
Most  common  causes  of  death  worldwide
Heart  disease
Tallest  US  Presidents
Abraham Lincoln   (1.92 M)
Largest    capital  city
Tokyo
Countries  with  the  most  English  speakers
USA
Most  spoken  languages
Chinese 
Top 1 company  with the  most  employees
Wal-Mart Stores  USA
Nuclear  Energy  consuming  country
USA
Country  with  the  greatest  oil  reserves
Saudi  Arabia
Most Produced  Metals
Steel
Most  visited  website
Google
First  country  with  railway
UK  (27 September  1825)
Longest  underground  Railway   network
Shanghai   (China  )
Longest  Aircraft 
Ekranoplan  KM  Caspian
Highest  Earning films released  in  3 D
Avatar
Country  with  most  primary  schools 
India
20th  century  wars  with  the  most  Military  fatalities
World  war  II  199-45 
First  country  to  abolish  capital  punishment
Russia
Most  expensive  items  sold  at  auction 
Painting  Nude  green  leaves  and  Bust  Pablo  Picasso 
$ 106,482,500
Most  downloaded  iPhone  Apps
Cut  the  Birds
Top  1  Internet  country
China 
Collected  and  prepared  by  S  Jayachandran  ,  System  Administrator ,  Mavelikara  Head  Post  office  -690101

Friday, May 31, 2013

First ATM (Automated teller Machine ) of India Post in Banglore


BANGALORE, INDIA: When you hear 'ATM', what is the first thing that you relate to it? I am sure, many of us, including me, relate it to savings bank ATM card.
How about an ATM card similar to a debit card/ATM card issued by a bank for postal account? Sounds different right?
Yes, the Department of Posts, in an effort to provide enhanced solutions to its customers is all set to launch the first Automated teller Machine (ATM) in Bangalore GPO premises shortly, through a core banking solution.
Last year, the department of post had announced that it has plans to set up 1,000 ATM centres at different post offices across the country, with an aim provide better customer service through IT enablement of business processes and support functions.
Implementing new banking solution enables postal department to offer all kinds of services that are offered by private banks to more than 200 million post office saving bank (POSB) account holders in 1.55 lakh post offices.
When CIOL  enquired about the launch of India's first India Post ATM, an official concerned with the Bangalore post office said, on condition of anonymity, that the ATM facility will be launch shortly with good features.
He further added that the postal ATM card enables POSB account holders to withdraw money from any bank ATM, provided they have enough savings.
"POSB account holder need not rely only on Post Office ATMs," he added.
Recently, TCS announced that it had bagged a Rs 1,100 crore, six-year contract from the Department of Posts to provide end-to-end IT modernisation program to equip India Post with modern technologies and systems to enable it to serve more services to more customers, in an effective manner.
The IT modernisation project dubbed 'India Post 2012' will help the department achieve a wider reach among the Indian population through increased customer interaction channels and through new lines of business.

Monday, May 20, 2013

SHORTAGE OF STAFF IN POSTAL DEPARTMENT


GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
LOK SABHA
UNSTARRED QUESTION NO 6875
ANSWERED ON 8.05.2013

SHORTAGE OF STAFF IN POSTAL DEPARTMENT
6875 . Smt. DARSHANA VIKRAM JARDOSH, ASHOK TANWAR
Will the Minister of COMMUNICATIONS AND INFORMATION TECHNOLOGY be pleased to state:-
(a) whether the Government has abolished 17093 posts across the cadres in the department of posts during the period from 2005 to 2008; 
(b) if so, the details thereof and the reasons therefor; 
(c) whether there is a shortage of staff in various cadre in the department and in the post offices in the country; 
(d) if so, the details thereof, State-wise; and 
(e) the steps proposed to be taken to fill the vacant posts expeditiously, so as to ensure prompt and quality service to customers?

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (Dr. (SMT) KILLI KRUPARANI)

(a) Yes, Madam.
(b) The details of abolition of posts are placed at Annexure-I. The reasons for abolition of posts were in accordance with Department of Personnel & Training OM No. 2/8/2001-PIC dated 16.5.2001 vide which the Scheme of Optimization for Annual Direct Recruitment Plan was launched. As per this Scheme, the direct recruitment was to be limited to 1/3rd of the direct recruitment vacancies arising in a year subject to a further ceiling that it does not exceed 1% of the total sanctioned strength of the Department. The remaining direct recruitment posts were required to be abolished. 

(c) Manpower requirement and regular recruitment is an ongoing process in the Government. Shortage of staff in the Department and in the Post offices in various cadres arises mainly due to promotion, retirement, death, leave or transfer. 

(d) Does not arise in view of (c) above..

(e) Vacancies in the Department are filled up by promotion or by direct recruitment as per extant procedures regularly.

ANNEXURE-I
Abolition of posts across various cadres in the Department of Posts during 2005-2008.

Year
No. of direct recruitment vacancies abolished
2005
2121
2006
5426
2007
4957
2008
4589
Total
17093


Source: www.loksabha.nic.in

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