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Oct 14, 2024

600 graduate vacancy in Bank of Maharashtra: Eligibility, Apply Online, Deadline Date

Bank of Maharashtra has unveiled the graduate jobs recruitment of 600 Apprentices under notification number AX1/ST/RP/Apprentices/Notification/2024-25, dated October 11, 2024. This announcement provides pivotal insights about the banking job, including the application process, crucial deadlines, fee structure, eligibility norms, and more.

Position: Apprentices

Educational Requirement: Graduate in any discipline

Application Method: Online  

Eligibility Conditions for Bank of Maharashtra Apprenticeship:

Academic Qualification: A graduate degree in any stream is obligatory. Additionally, proficiency in the local dialect—reading, writing, and conversing—is essential for the respective state or union territory of application.

Age Criteria: The applicant's age should range between 20 to 28 years as of June 30, 2024.

Compensation: Successful candidates will be entitled to a monthly stipend of ₹9,000.


State-Wise Distribution of Openings

Andhra Pradesh: 11

Arunachal Pradesh: 1

Assam: 7

Bihar: 14

Chandigarh: 1

Chhattisgarh: 13

Goa: 5

Gujarat: 25

Haryana: 12

Himachal Pradesh: 3

Jammu & Kashmir: 2

Jharkhand: 8

Karnataka: 21

Kerala: 13

Madhya Pradesh: 45

Maharashtra: 279

Delhi (NCT): 13

Odisha: 13

Puducherry: 1

Punjab: 12

Rajasthan: 14

Tamil Nadu: 21

Telangana: 16

Tripura: 1

Uttar Pradesh: 32

Uttarakhand: 4

West Bengal: 13

Grand Total: 600


Important Dates:

Notification Issuance: October 11, 2024

Commencement of Online Applications: October 14, 2024

Deadline for Online Submission: October 24, 2024

Frequent updates can be accessed through the Bank's official portal to stay informed on any alterations in dates.


Application Charges:

General/OBC/EWS: ₹150 + GST

SC/ST: ₹100 + GST

PWD: Exempted from fees

Payment must be executed online, and it’s imperative to adhere to the directives provided in the official notice before processing any payment.


Important Links:

Official Notification: Click Here  

Apply Online: Click Here  


Ensure that you thoroughly review the official notification and follow all prescribed instructions while completing the application form.


Sep 20, 2024

Best mnemonics for types of taxes

Here are the Mnemonics for Remembering Types of Taxes. Later I'll explain how them in detail:

DIRECT TAXES :- "wepro.co.in" 

We : wealth tax
Pro : property tax
Co : corporate tax
In : income tax

INDIRECT TAXES :- "excuse me" 
Ex : excise tax
Cu : custom tax
Se : service tax
M : market tax/vat
E : entertainment tax


Below are some simple mnemonics to help remember the two broad categories of taxes: Direct Taxes and Indirect Taxes.

1. Mnemonics for DIRECT TAXES:

Direct taxes are those that are paid directly to the government by individuals or organizations. These taxes are non-transferable and are imposed on income or assets. A useful mnemonic for remembering the key types of direct taxes is:

"WePro.Co.In"

  • We = Wealth Tax: This is a tax on the net wealth owned by an individual or organization. Although currently abolished in India, it’s important to know as it can be part of historical questions in exams.

  • Pro = Property Tax: Levied on the ownership of property, this tax is usually collected by local authorities like municipal corporations.

  • Co = Corporate Tax: This is the tax paid by businesses and companies on their profits. It is a significant source of revenue for the government.

  • In = Income Tax: One of the most common taxes, income tax is levied on an individual’s earnings. The tax rate varies depending on income levels.

By breaking it down into "WePro.Co.In," you can easily recall the most important direct taxes that affect both individuals and corporations alike.

2. Mnemonics for INDIRECT TAXES:

Indirect taxes are taxes that are levied on goods and services rather than on income or profits. These taxes are generally passed on to consumers. To remember the various types of indirect taxes, use the mnemonic:

"Excuse Me"

  • Ex = Excise Tax: This is a tax levied on the manufacture of goods within a country. It typically applies to specific products like alcohol, fuel, and tobacco.

  • Cu = Customs Duty: This tax is imposed on goods when they are imported or exported across international borders. It helps regulate trade between countries.

  • Se = Service Tax: A tax levied on certain services provided within the country, such as telecom, banking, and hospitality services. Although it has been subsumed under GST, it’s still important for historical context in exams.

  • M = Market Tax (VAT/GST): Market tax, which used to be VAT (Value Added Tax), has now been replaced by the Goods and Services Tax (GST). It’s applied at every stage of production and distribution of goods and services.

  • E = Entertainment Tax: This tax is charged on entertainment-related activities, like movie tickets, sporting events, and performances. While many states have incorporated this into GST, it’s still relevant in certain contexts.

"Excuse Me" is a light and easy-to-remember phrase, helping you recall key indirect taxes with ease.

Understanding the Difference:

  • Direct Taxes are paid directly by individuals or entities to the government. They cannot be transferred to others. For example, when you pay income tax on your salary, you are directly bearing the tax burden.

  • Indirect Taxes are paid indirectly, as they are typically added to the price of goods or services. Consumers ultimately bear the cost when they purchase the product. For example, when you buy a movie ticket, the entertainment tax is included in the ticket price.

Conclusion:

Mnemonics are a simple yet effective way to remember complex information, especially for exam preparation. With "WePro.Co.In" and "Excuse Me," you can now confidently recall the major types of direct and indirect taxes. These memory aids will not only help in exams but also in understanding the broader economic landscape of taxation.

Sep 16, 2024

Railway Recruitment for 12th pass & graduates: Apply for 11,558 Vacancies

Railways Job Vacancy: The Railway Recruitment Board (RRB) has officially announced 11,558 vacancies under the Non-Technical Popular Categories (NTPC) for 12th pass and graduates in its latest govt job recruitment notification published on 7th September 2024. Interested candidates can apply for these job positions through the RRB Online Portal at rrbapply.gov.in.

Eligibility Criteria for RRB NTPC 2024:

To apply for RRB NTPC Recruitment 2024, candidates must meet the following eligibility requirements:
  • Educational Qualification:

    • For 12th-pass or Undergraduate Posts (CEN 06/2024), candidates must have passed 12th standard (Intermediate) or an equivalent examination from a recognized board.
    • For Graduate Posts (CEN 05/2024), candidates must hold a Bachelor’s Degree in any discipline from a recognized university.

    These qualifications are essential to ensure candidates have the basic knowledge and skills required for the respective roles.

  • Age Limit:

    • For Graduate Posts, the age limit is set between 18 to 36 years. This gives a wide range of candidates, from fresh graduates to those with some work experience, the opportunity to apply.
    • For Undergraduate Posts, the age limit is 18 to 33 years, allowing younger aspirants to apply after completing their 12th standard.
    • Note: Age relaxations are applicable for reserved categories as per government norms.

Vacancy Breakdown:

  • Graduate Posts: Station Master, Goods Train Manager, Senior Clerk cum Typist, and more.
  • Undergraduate Posts: Junior Clerk cum Typist, Accounts Clerk, Commercial cum Ticket Clerk, and more.

Selection Process:

  • Stage 1 CBT
  • Stage 2 CBT
  • Typing/Aptitude Test
  • Document Verification
  • Medical Examination

Key Dates:

  • Graduate Posts (CEN 05/2024): Apply from 14th September to 13th October 2024
  • Undergraduate Posts (CEN 06/2024): Apply from 21st September to 20th October 2024

How to Apply:

  1. Visit rrbapply.gov.in
  2. Create an account and log in.
  3. Fill in the required details and submit the application.

Application Fee:

  • General: Rs 500 (Rs 400 refunded after CBT)
  • Reserved categories (SC/ST/PwBD/EBC): Rs 250 (refunded after CBT)

Prepare well and stay updated by visiting the official RRB website! 




Sep 7, 2024

SSC GD Constable Updated New Rules For Fast Recruitment

SSC GD Constable 2024 Recruitment Process Updated: Physical and Medical Tests to be Conducted Simultaneously

In an important update for SSC GD Constable aspirants, the Government of India, Ministry of Home Affairs (MHA), has issued a corrigendum regarding the recruitment process for Constable (GD) in Central Armed Police Forces (CAPFs), SSF, and Rifleman (GD) in Assam Rifles Examination, 2024. The original notice for this recruitment was published by the Staff Selection Commission (SSC) on November 24, 2023.

### Key Change to the SSC GD Constable Recruitment Process

In an effort to streamline and expedite the recruitment cycle, the MHA has decided that the **Physical Standard Test (PST), Physical Efficiency Test (PET)**, **Document Verification (DV)**, and **Detailed Medical Examination (DME)/ Review Medical Examination (RME)** will now be conducted **simultaneously in one go**. This decision is expected to reduce the overall duration of the recruitment process.


### What This Means for Candidates


- All candidates who successfully pass the **PST/PET** will now directly move on to the **DV/DME/RME** stages, without any further delays.

- This adjustment aims to speed up the recruitment process and ensure that eligible candidates complete all necessary assessments in a shorter timeframe.


### Modified Examination Provisions

The relevant provisions of the original examination notice have been updated to reflect these changes. Candidates are advised to stay updated on the official SSC website for further instructions regarding the next steps in the recruitment process.

This change marks an important development for candidates preparing for SSC GD Constable 2024, ensuring a more efficient and faster recruitment process.

12th pass vacancies as Constable in Central Govt ; salary 70K per month

Central Govt job has officially released the notification for the SSC GD Constable Recruitment 2024-25. With over 39,000 male & female vacancies, this is a massive opportunity for 10th and 12th pass candidates who are seeking a career in the central government security forces. Salary is Rs 70,000/- per month. The govt recruitment has started, you can apply here

SSC GD Constable Vacancy Breakdown for 10th / 12th pass arkari jobs

ForceMale VacanciesFemale Vacancies
Border Security Force (BSF)13,3062,348
Central Reserve Police Force (CRPF)11,299242
Central Industrial Security Force (CISF)6,430715
Sashastra Seema Bal (SSB)2,564453
Assam Rifles (AR)1,148100
Indo Tibetan Border Police (ITBP)819Nil
Secretariat Security Force (SSF)35Nil
Narcotics Control Bureau (NCB)1111


SSC GD Constable 2025 Salary Structure

  • Constable (GD): ₹ 21,700 - ₹ 69,100 (Pay Level 03)
  • Rifleman (GD): ₹ 21,700 - ₹ 69,100 (Pay Level 03)
  • Sepoy: ₹ 18,000 - ₹ 56,900 (Pay Level 01)

Eligibility Criteria for SSC GD Constable 2025

  1. Age Limit: Candidates must be aged between 18 and 23 years as of January 1, 2025.

    • Age relaxation applies to SC/ST (5 years), OBC (3 years), and others as per SSC rules.
  2. Educational Qualification: Candidates must have passed Matriculation (10th grade) from a recognized board.

  3. Nationality: Only Indian citizens are eligible to apply.

Selection Process

The recruitment process includes the following stages:

  1. Computer-Based Examination (CBE)
  2. Physical Efficiency Test (PET)
  3. Physical Standard Test (PST)
  4. Medical Examination
  5. Document Verification

SSC GD Constable 2025 Exam Pattern

The Computer-Based Examination (CBE) will consist of 100 questions carrying 100 marks, divided as follows:

SubjectNo. of QuestionsMaximum Marks
General Intelligence and Reasoning2525
General Knowledge and General Awareness2525
Elementary Mathematics2525
English/Hindi2525

Important Details of SSC GD Constable 2025

  • Notification Date: September 5, 2024
  • Total Vacancies: 39,481
  • Last Date to Apply: October 14, 2024
  • Exam Date: January to February 2025

How to Apply for SSC GD Constable 2025

  1. Visit the official SSC website (https://ssc.gov.in/).
  2. Click on the “Apply” button under the Quick Links section.
  3. Choose "Constable (GD) in CAPFs, SSF, Rifleman (GD) in Assam Rifles, Sepoy in NCB Examination, 2025".
  4. Complete the One-Time Registration process.
  5. After registering, log in using your credentials.
  6. Fill out the application form with your personal and educational details.
  7. Upload your photograph, signature, and required documents.
  8. Submit the application before October 14, 2024 (11:00 PM).

Application Fee

  • General/OBC: ₹100
  • Women/SC/ST/Ex-Servicemen: Exempted
  • Payment can be made through SBI Net Banking, Credit Card, or Debit Card.

This is a fantastic opportunity for candidates looking to join India's central armed forces. Make sure to complete your application before the deadline and prepare for the upcoming SSC GD Constable exam in 2025!


Sep 22, 2014

RBI Mains 2014-Paper 3: Finance and Management

RBI Mains 2014-Paper 3: Finance and Management
Instructions
SECTION I: Finance
SECTION II: Management

[Meanwhile, here's a new govt job news website for serious aspirants]

Attempt any three questions from Section I and any two from Section II.
In case the candidate answered more than five questions, only the first five answers will be evaluated and the rest of the answers will be ignored.
All questions carry equal marks.
Each question should be answered on new page and the question number must be written on the top.
The answers of parts of the same question, if any, should be written together. In other words, the answer of another questions should not be written in-between the Parts of a question.
Marks will be deducted for illegible hand-writing.
Answers must be brief and to the point.
Answers must be written either in English or in Hindi. However, all the questions should be answered in one language only. Answer-books written partly in English and partly in Hindi will not be evaluated.
Candidate should use only Blue or Black ink pen/Ball point pen to write the answers.


SECTION I: Finance
1. State the different types of exchange risks inherent in foreign exchange business.
2. Briefly explain the Union Budget, 2014-2015 provisions relating to financial, banking and insurance sectors.
3. Trace the developments in financial sector reforms in India since 1991.
Q4.
a)      Explain in brief the provisions of R. B. I. Act,1934.
b)      Write a note on R. B. I.‘s attempt in giving differential licenses for small banks.
Q5: Write short notes on any two of following:
a)      SEBI
b)      Stock Exchanges
c)       Service Tax
d)      Syndicated Loans.

SECTION II: Management
6. “Corporate Governance and Corporate Social Responsibility are the twins to shine a corporate entity “— Discuss.
7. Distinguish between :—
a)      Verbal and Non-verbal Communication
b)      Directing and Controlling.
8. “A successful leader is always an effective leader ” — do you vouch this statement.
write notes on following:
9. Explain in brief the Concept and Goals of Human Resources Development ( HRD ).
Outline the role of incentives in building up employee morale.


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RBI Mains 2014-Paper 1: English comprehension, Precis, Report Writing Questions


Instructions
All questions are compulsory.
Each question should be answered on a new page and the question number must be written on the top.
Précis and its title should be written in précis sheet only.
The answers of parts of the same question, if any, should be written together. In other words, the answer of another questions should not be written in between the Parts of a question.
Marks will be deducted if an answer far exceeds or far falls short of the set limit, or if the handwriting is illegible.
Candidate should use only Blue or Black ink pen/ball point pen to write the answers.




Essay
Q1. Write an argumentative essay of about 500 words, on any one of the following: (40 marks)

Euthanasia, a debatable phenomenon in India.
Media is one of the strongest pillars of democracy.
Role of R.B.I. in controlling the inflation.
Stand of the NDA Government in dealing with corruption.
Uses and misuses of Anti-Dowry Act.
Commonwealth Games-2014 and India.



Q2. Précis writing (24 marks)

A: Make a précis of the following passage in your own words, reducing it to about 230 words and give it a suitable title. Use the précis sheet specially provided for this purpose :- (24 marks)

Against the background of a stable recovery of world economy, the 6th BRICS leaders meeting from July, 15th to 16th at Fortaleza, Brazil, with the theme of Sustainable Solutions for Inclusive Growth, is definitely among the most important international events in the second half of this year. It is also an important event for China-India relations since the President of China has had his first ever meeting with the new Indian Prime Minister on the sidelines of the summit. The BRICS has become an important force to cope with the international financial crisis, in driving global economic growth and in promoting democratization of international relations.

The BRICS countries (Brazil, Russia, India, China and South Africa) are not only building upon their own strength, but also make efforts to help others. Despite the financial need for their own economy, BRICS contributed a total sum of $180 billion to the International Monetary Fund in two rounds and the efforts were well commended by the international community.

BRICS is highlighted by pragmatic co-operation in major projects. The BRICS New Development Bank (NDB) and the Financial Contingency Reserve Arrangement (CRA), which were first initiated during the 2012 BRICS summit in India, has become reality in the Fortaleza summit. The NDB and CRA will not only benefit the BRICS countries, but also provide finance to infrastructure projects in emerging markets and other developing countries. It is also aimed to assist them to better withstand risks from international financial turbulence. Other key economic co-operative projects such as joint financing by respective development banks, co-operation among industrial and business enterprises and the economic and trade liaison group will also inject new momentum for development of the BRICS countries.

As the world’s two most populous and largest developing countries as well as the founding members of the BRICS, China and India are firm supporters and active participants of the co-operation among the BRICS countries, and always take co-operation with other BRICS countries as one of the priorities in their foreign policy. China and India are also good neighbours, good friends and good partners that have established a strategic and co-operative partnership for peace and prosperity. Both countries are now facing a historical mission of growing the economy and improving people’s livelihood. The China-India bilateral co-operation and their co-operation under the BRICS framework are complementary to each other.

Our major projects include the BCIM Economic Corridor, the Chinese-style industrial parks in India, railway co-operation, and initiatives of the Silk Road Economic Belt and co-operation along the 21st Century Maritime Silk Road. We are also working for a ” Trans-Himalayas Economic Growth Region” driven by double-engine of China and India. All the co-operation can be benefited from the BRICS co-operation mechanism. China and India should establish a closer partnership of development to promote more integration of market, greater financial linkage, better connectivity of infrastructure as well as closer people-to-people contacts, and thus to bring our people tangible benefits.

India recently announced its Railway and Union budgets, indicating that India is set to accelerate economic development. As India’s only neighbor in BRICS, China hopes and believes that, under the strong leadership of Indian Prime Minister, India’s economy will gear up to a healthy track and develop better. China will enhance its co-operation with India by proactive and practical action.

Chinese railway department has recently sent officials and technical experts to India for substantive consultation on co-operation of the speedup of existed railway lines and the up gradation of railway stations.

It is firmly believed that, with our joint efforts, a wide-ranging, multilevel and high-quality economic co-operation between China and India will be achieved with more convergence of our two emerging markets. The common development of China and India will ensure the Asian century’s arrival.

There are still challenges for the BRICS countries to move forward. As an old saying goes, ‘If you want to go fast, go alone ; if you want to go far, go together.’ It is positively believed that as long as China, India and other BRICS members insist on building their strong partnership, deepening economic co-operation, a better future is achievable for BRICS.

Comprehension (précis based) 16 marks
Q2B: Answer any two of the following questions based on the above passage (10 marks)

What are the major objectives of the BRICS Bank?
How can pragmatic co-operation in major projects be ensured through the BRICS ?
Illustrate how can the China- India bilateral co-operation be achieved under the framework of the BRICS?

Q2C: Use any three of the following phrases in sentences of your own, to bring out its meaning (6 marks)
to cope with
pragmatic co-operation
trade liaison
tangible benefits
gear up.


Report Writing 20 marks
Q3. Attempt any one of the following in about 250 words: 20 marks.

It has been reported to R.B.I. that few banks are violating the prescribed norms while granting loans to the Private Companies. As the General Manager of R.B.I., direct a committee to be instantly constituted to look into the matter and recommend the remedial measures to be initiated against such banks. Draft a committee report.
On behalf of RBI, issue a circular to all the subsidiary banks to open special cell to deal with educational loan applications for higher education in India and abroad and expedite the essential procedures to sanction the loans within a specific period of 10 days.

The Chairman of Customers’ Association has reported to R.B.I. that banks located in rural areas are not able to function well due to frequent cuts in power supply. It causes tremendous inconvenience to customers who come from far off places and go back without their work being done. On behalf of R.B.I., draft a letter to the Chairman of the Association, assuring him that the matter will be seriously taken into account and rural banks will be instructed to make provision for the installation of generators to address this problem permanently in case of power failure.

Tip - try this English grammar quiz on this website 


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600 graduate vacancy in Bank of Maharashtra: Eligibility, Apply Online, Deadline Date

Bank of Maharashtra has unveiled the graduate jobs recruitment of 600 Apprentices under notification number AX1/ST/RP/Apprentices/Notificat...