March 24, 2012

Validity of cheques, drafts cut to 3 months

Come April 1, 2012, your cheques and bank drafts will have a life of just three months instead of the earlier six. Reserve Bank of India has changed validity of Cheque/Drafts/Pay orders/Bankers Cheque from 6 months to 3 months vide their notification no RBI/2011-12/251 DBOD AML BC.No.47/14.01.001/2011-12 dated 4th November 2011. Still it is notification to implement to those instructions those have been issued on or after w.e.f. 01-April-2012. t has been brought to its notice by the government that some persons were taking undue advantage of the six month validity of cheques, drafts, pay orders, banker's cheques by circulating them like cash for this period, RBI had said in a notification earlier. 

According to a senior banker, the three-month validity period is a good enough time period for instrument . A development that RBI thinks will help mitigate frauds related to such instruments. 

thanks to satirur.blogspot

Question Paper for PO and RMS Accountants Examination 2003 Part I

Previous question paper for  PO and RMS Accountants Examination  2003
Paper I  with Books
Part I

Q1   Calculate  the pension  retirement gratuity and commutation payable to an official who retired on 30.04.2003 with the following particulars
1.      Date of Birth   12.04.1943
2.    Date of appointment 01.08.1972
3.    Promoted as HSG 1 Postmaster in the pay scale of rs  6500-200-10500 with effect from  01.10.2001
4.    Pay in the promoted grade was fixed at Rs  8900/- with DNI on 01.10.2002
5.    Rate of D A 52 %    
 

Q2 (A)  Calculate  GPF Balance at credit of an official  as on 31.03.2003  with the following details

1.     O B  as on  01.04.2002  Rs 95000
2.    Subscription at the rate of  Rs  5000 per month
3.    Raised GPF subscription to Rs  6000/-  from  the pay  of  Oct 2002
4.    Taken  final withdrawal of Rs 25000/- in December 2002
5.    Taken  an advance  of  Rs  10000/- during jaunary 2003  recoverable in 10 equal instalments
6.    Rate of interest 09 %    

(B)  Define Honorarium and illustrate any five items of work for which honorarium should not be paid            
                                                                                                   
Q 3 ( A)  Prpeare the earned leave account and half pay leave account of a postman up to  31.03.2003 from the following data

1 Date of appointment   15.04.2000
2. Dies non for 18 days from 03.12.2000
3.; Availed EL  for 10 days from  26.12.2000
4. availed EL for 5 days from  15.03.2003 for LTC and also encashed EL  for  5 days
5 Availed HPL on MC from 15.09.2000 to  24.09.200
6.    Availed commuted leave on MC for 8 days from  01.05.2002

Courtesy : nfpemavelikaradivision.blogspot.com
Published by : http://sapost.blogspot.com/, http://dheeru24k.blogspot.in/


Worlds Northern Most Post Office

Post office in Ny Ålesund, Svalbard. This is the world's most northern post office not quite far from the latitude 80. This is under Kingdom of Norway.Ny-Ålesund ("New Ålesund") is one of the four permanent settlements on the island of Spitsbergen in the Svalbard archipelago. It is located on theBrøgger peninsula at Kongsfjorden. Like the rest of Svalbard, Ny-Ålesund is administered by the Kingdom of Norway.

Thanks to Livecam indiapost rajkot
Ny-Ålesund is one of the world'snorthern most settlements at 78°55′N 11°56′E, and is the world's northernmost functional public settlement.

MODEL QUESTIONS FOR PM GRADE1 & IPO EXAM 2012(GK)

Post office in Ny Ålesund, Svalbard. This is the world's most northern post office not quite far from the latitude 80. This is under Kingdom of Norway.Ny-Ålesund ("New Ålesund") is one of the four permanent settlements on the island of Spitsbergen in the Svalbard archipelago. It is located on theBrøgger peninsula at Kongsfjorden. Like the rest of Svalbard, Ny-Ålesund is administered by the Kingdom of Norway.

Thanks to Livecam indiapost rajkot
Ny-Ålesund is one of the world'snorthern most settlements at 78°55′N 11°56′E, and is the world's northernmost functional public settlement.

CABINET APPROVES 7% HIKE IN DEARNESS ALLOWANCE...


CABINET APPROVES 7% HIKE IN DEARNESS ALLOWANCE...

UNION CABINET APPROVED A PROPOSAL TO HIKE ADDITIONAL DEARNESS ALLOWANCE BY 7% FOR CENTRAL STAFF AND CENTRAL PENSIONERS...

THE CENTRAL GOVERNMENT ON FRIDAY APPROVED A SEVEN PER CENT HIKE IN DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS, THIS HIKE IS TO BE EFFECTIVE RETROSPECTIVELY FROM JAN 2012...

THE DEARNESS ALLOWANCE AND DEARNESS RELIEF FOR CENTRAL GOVERNMENT SERVING EMPLOYEES AND PENSIONERS WILL INCREASE FROM 58% PER CENT OF BASIC EMOLUMENTS TO 65% PER CENT WITH EFFECT FROM 1.1.2012.

source:sapost

Delivery of Money Orders

The number of users of money order service during the last three years and the current year is as given below:-

Financial year
Number of users
2008-2009
8,66,93,496
2009-2010
8,13,46,230
2010-2011
5,77,14,174
2011-2012 (up to January-2012
5,68,54,367

The number of complaints received for non-delivery of Money Order during the last three years and the current year is furnished below:-

Financial year
Number of users
2008-2009
1,90,666
2009-2010
1,77,360
2010-2011
1,64,980
2011-2012(up to June -2011
41,754

Enquiries are conducted in all cases of complaints and action is taken depending on the nature of the shortcomings/faults.

During the last three years 172 officials were found guilty for which punishment has been imposed as per rules.

To upgrade the money order delivery system and to ensure timely delivery of money order, the department has introduced Electronic Money Order across the country.

This information was given in Lok Sabha to day by Shri Sachin Pilot, the Minister of State, Communication and Information Technology in response to a question.

SANCHAYA POST 6.6.1 Error-Up gradation to 6.5 R2 was not Successful

As per Release Document of Sanchya 6.6.1 using Db analyser Whether checking for upgrade to 6.5 R2 an error occurs. If you done the R2 upgradation also this error occurs. It shows

Upgradation to 6.5 R2 was not successful
Error code 1 RSTUVWXYACD
Continue working without patches

While sending this error message to sdc chennai. They give the solution for this error. After day end ,Unzip the attached file and copy it to DBAnalyzer folder and run it from the same location. Then, once again check for upgradation status to Version 6.5R2 using DBAnalyzer . This solution worked for me.



Note: Before Updation Take the backup of concerned databases

Problem with Sanchay post 6.6.1

(Q) Transactions in BPL accounts cannot be done in sb form no 1309 i.e sb deposit?
Solution: Use the form number 1310 ECS-Debits and Credits

(Q) While accepting RD bulk acceptance (i.e for opening new acccount) a error comes?









Solution: Use RD bulk setup (rd form no:1110), Add new accounts to the agent, after alloting the number of account to the agent the number will be correctly displayed for the new account


Note: Correct procedure is not yet all given by SDC Lan, while doing new accounts to the agent, the number of accounts alloted to agent will automatically taken from General account number, thus those account become unallocated and you have to change the run number  from supervisor>>intilisation>>rd a/c , nominee, AT (form no0453). This step has to done for all agents and have to do daily

source:satirur.blogspot.in

E-Tickets through Mobile Phone

Indian Railways Catering and Tourism Corporation (IRCTC), a public sector undertaking under the Ministry of Railways, has launched the scheme for booking Railway e-tickets through mobile phone through its website i.e. irctc.co.in/mobile. The broad features of the schemes are as follow:- 

o Users can use their existing IRCTC user ID and password. 

o After booking tickets through the mobile phones, users receive a reservation message with the ticket details. 

o The service charges of IRCTC are similar to e-tickets i.e. Rs. 

10/- per ticket for second/sleeper class and Rs. 20/- per ticket for all other classes. 

This information was given by the Minister of State for Railways Shri K. H. Muniyappa in written reply to a question in Lok Sabha today. 


Source : PIB dtd 22/03/2012,sapost

Incentive to Mailoverseers for procuring RPLI Business.



DIRECTORATE OF POSTAL LIFE INSURANCE
Department of Posts, Ministry of Communications &
Information Technology, Government of India
Chanakyapuri Post Office Complex, New Delhi -110 021.

No.30-1/2010-LI                                                                     Dated : 21-02-2012.

To
Ms. Karuna Pillai,
Chief Postmaster-General,
Andhra Pradesh Circle,
Hyderabad-500 001.

Madam,

            This is regarding clarification on the following item proposed for discussion in the JCM.

Item : Incentive to Mailoverseers for procuring RPLI Business.

Clarification : Rule 5(22) of Post Office Insurance Rules, 2011 defines that “marketing staff” is an official or person who is authorized by the Postsmaster-General or Head of Division to procure Postal Lie Insurance and Rural Postal Life Insurance business.  The marketing staff includes IPOs, ASPOs, ASRMs, Ex.DO(PLI), PRI(P), Postmasters, Selected Postal Assistant, Postman, Retired GDS BPM, DO(PLI), Field Officer(PLI), SRM (Rural S.O), GDS staff and also includes Direct Agents such as Anganwadi worker, Mahila Mandal worker, Ex-Serviceman, Retired school teacher, SHGs, Gram Pradhkan & Member Gram Panchayat and any other official/persons as considered suitable by the Head of Postal Division.  As such, if Mailoverseer is engaged- depending upon suitability in procuring RPLI business/policies, he also entitled for incentive as par with other Departmental officials.

                                                                                                            Sd/-
                                                                                                (R. Santhakumar)
                                                                                            Dy.Divisinal Manager.


Source : http://ipaspandhra.blogspot.in ,sapost.blogspot

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