Wednesday, 17 July 2013

PA / SA Direct Recruitment - Shortlisted Candidates for Computer Typing / Data Entry Test..

Written By Admin on 17 July 2013 | Wednesday, July 17, 2013

UPDATE as on 17-JUL-2013

I. Aptitude Test (Paper I) for all the postal circles is completed. The List of shortlisted candidates for the Computer

Typing / Data Entry (PAPER II) for Andhra Pradesh, Gujrat, Karnataka, Maharashtra, Tamil Nadu, Assam, Chhattisgarh,

Jharkhand, Madhya Pradesh, North East, Odisha, West Bengal Postal Circles is given in the link below:

SHORT LISTED CANDIDATES FOR PAPER II The list in respect of the remaining Postal Circles will be published shortly.

II.The above Short List has been prepared in accordance with the procedure published in the Notification No 60-9/2009

SPB1 dated 8-5-2012. The candidates who figure in the above list have qualified for appearing in the Paper II based

on marks in the Paper I.

III The list is in order of Roll Number.

IV. Paper II is tentatively scheduled on 10th,11th,24th,25th,31th August 2013 and 1st September 2013

V. Admit Card for Paper II will be dispatched shortly. Admit Card can also be generated on this website by the candidates.

For Detail List of Shortlisted candidates please visit.

www.indiapost.gov.in

http://www.eonlineapply.com/dop/pages/cwresult.aspx

Facility of generation of Admit Card by the shortlisted candidate will be available on this website from 1100AM on 22/07/2013.

India Post deserves to get a bank licence

Written By Admin on 16 July 2013 | Tuesday, July 16, 2013

Let the postman turn banker: India Post deserves to get a bank licence

India Post wants to own a bank. This is a great idea. In one stroke, this can ensure that millions more will get access to formal credit, in one of the most under-banked countries of the world.

The biggest advantage for India Post, among the most enduring institutions set up by the British, is its huge network and customer base. Compared to roughly 1,00,000 commercial and rural bank branches in India, there are 1,55,000 post offices, a majority in rural and semi-urban areas. As a collector of small savings, it has experience in taking deposits — about Rs 6 lakh crore at last count — but not in lending. A bank licence for only India Post would mean that the network of bank branches would more than double in one stroke.

India Post also fits the bill on other counts: a long track record of integrity and, most important — with one post office for every four villages — a massive presence in rural India, where the RBI wants 25 per cent of all branches to be located. Forget microfinance companies, even compared to government-owned banks, the postal bank's cost structure, if it assigns some banking duties to postmen, will be lower.

India Post wants the government to sanction around Rs 1,300 crore for capital adequacy and to hire more people. It should get the money. The RBI wants new banks to be set up through a wholly-owned non-operative financial holding company. So, the postal bank will need to be corporatised. It should run on sound commercial principles and at arm's length from political masters.

Post offices in countries like Germany and Japan have successfully offered banking services. There is no reason why it cannot be done here. Many post offices are already computerised. These machines should be upgraded with banking software. A bank, trusted by local communities, will also make it easier to implement the direct transfer scheme.

All that needs to be done is to give a mobile device, a micro ATM, to the postman who can double up as a banking correspondent. The RBI needs to think innovatively about inclusive banking and spreading the reach of formal credit where there is none, now.

Source :

http://economictimes.indiatimes.com/opinion/editorial/let-the-postman-turn-banker-india-post-deserves-to-

Monday, 15 July 2013

QUESTIONS AND ANSWERS ON PROFIT AND LOSS

New: Civil Engineering Questions and Answers !

Aptitude :: Profit and Loss

@ : Home > Aptitude > Profit and Loss > General Questions

Overview

Important Formulas

Exercise

"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."

- Albert Einstein

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

4	4	%
	7

5	5	%
	11

10%

12%

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

A.	15	B.	16
C.	18	D.	25

If selling price is doubled, the profit triples. Find the profit percent.

66	2
	3

100

105	1
	3

120

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

A.	30%	B.	70%
C.	100%	D.	250%

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A.	3	B.	4
C.	5	D.	6