Friday, August 3, 2012




LOOK AT AN IMPORTANT ORDER DATED 18.04.2011
 ISSUED BY PMG RAJKOT 
IN CONNECTION WITH
RECOVERY FROM EMPLOYEES 
ON ACCOUNT OF MINUS BALANCE ETC

The order was issues after discussion in connection with our item of agenda of Bi-Monthly Meeting with PMG Rajkot dated 06.04.2011. 


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1. Devaluation of a currency means
Reduction in the value of a currency vis-a-vis major internationally traded currencies
2.  India changed over to the decimal system of coinage in
April 1957
3 The first wholly Indian Bank was set up in
1894
4 The co-operative credit societies have a

Three-tier structure
5 Reserve Bank of India was nationalized in the year
1949
6  In India, inflation measured by the

Wholesale Price Index number
7. The budget deficit means
Difference between all receipts and all the expenditure
8 Paper currency first started in India in
1542
9  Deficit financing means that the government borrows money from the
RBI
10  Excise duty is a tax levied on the
Production of goods
11 World Human Rights Day is observed on
December 10
12  The World Environment Day is celebrated on
June 5
13  OS' computer abbreviation usually means 
Operating System
14  TMP' extension refers usually to what kind of file?
Temporary file
15  Who co-founded Hotmail in 1996 and then sold the company to Microsoft?
Sabeer Bhatia
16 What does EPROM stand for?
Erasable Programmable Read Only Memory
17 DTP' computer abbreviation usually means
Desktop Publishing
18  The Indian to beat the computers in mathematical wizardry is

Shakunthala Devi
19  Who is known as 'Indian Bismarck
Sardar Vallabhbhai Patel
20  Who is the Flying Sikh of India

Milkha singh
21  When was the first elevator built
1743
22  Who invented Dynamite
Alfred B. Nobel
23 The Internet first implemented
October 29, 1969
24  The National Song of India was composed by
Bankim Chandra Chatterji
25 The National Anthem of India  was first sung in the year
27th December 1911, 
26 George Bernard Shaw, the great dramatist, was
An Irishman
27   The book 'Gulliver's Travels' was written by
Jonathan Swift
28  Gita Govinda' is written by
Jaya Dev
29  Tipu sultan was the ruler of
Mysore
30  The language of discourses of Gautama Buddha was
Pali
31 Where is the Railway Staff College located
Vadodara
32  Garden City of India'
Bangalore
33  Where is the headquarters of Oil and Natural Gas Commission
Dehradun
34  Track and field star Carl Lewis won how many gold medals at the 1984 Olympic games
Four
35  The 'Dronacharya Award' is given to
Coaches
36  Who was the first Indian to win an individual medal in the Olympics
Developing countries
37  India won its first Olympic hockey gold in
1928
38 The United Nations Conference on Trade and Development (UNCTAD) is located at
Geneva
39 INTERPOL means
International Criminal Police Organization
40  G-15 is a group of
Developing countries


Based on AICPI (IW) - All India Price Index for Industrial Workers- June figure has just been released, DA rate will increase by 7% from July -2012 onwards.

CPI-IW on base 2001=100 for the month of June, 2012 increased by 2 points and stood at 208 (two hundred eight).
During June, 2012, the index recorded maximum increase of 8 points each in Mercara and Godavarikhani centres, 7 points in Puducherry centre, 5 points in Madurai, Howrah, Chennai, Lucknow and Warrangal centres, 4 points in 7 centres, 3 points in 13 centres, 2 points in 11 centres, 1 point in 18 centres. The index decreased by 2 points each in Ludhiana and Mysore centres and 1 point in 5 centres, while in the remaining 14 centres the index remained stationary.

The maximum increase of 8 points in Mercara centre is mainly due to increase in the prices of Rice, Poultry (Chicken), Tea (Readymade), Coffee (Readymade), Bidi, Refined Liquor, Firewood, Cinema Charges, Bus Fare, etc. In Godawarikhani centre this increase of 8 points is mainly due to increase in the prices of  Rice, Arhar Dal, Moong Dal, Groundnut Oil, Vegetable & Fruit items, Firewood, Petrol, Toilet Soap, etc. The increase of 7 points in Puducherry centre is due to increase in the prices of Rice, Arhar Dal, Poultry (Chicken), Fish Fresh, Fish Dry, Eggs (Hen), Vegetable & Fruit items, Cigarette, Cinema Ch///arges, Petrol, Tailoring Charges, etc. The increase of 5 points in Madurai, Howrah, Chennai, Lucknow and Warrangal centres is due to increase in the prices of Rice, Arhar Dal, Poultry (Chicken), Fish Fresh, Eggs (Hen), Vegetable & Fruit items, Petrol, Tailoring Charges, etc. The decrease of 2 points in Ludhiana centres  is mainly due to decrease in the prices of Onion, Vegetable & Fruit items, Firewood, etc. and the decrease of 2 points in Mysore is due to decrease in the prices of Rice, Vegetable & Fruit items, etc.
The indices in respect of the six major centres are as follows :
1. Ahmedabad 205
2. Bengluru 211
3. Chennai 197
4. Delhi 188
5. Kolkata 200
6. Mumbai 212
The point to point rate of inflation based on CPI-IW(General) for the month of June, 2012 is 10.05% as compared to 10.16% in May, 2012. Inflation based on Food Index declined to 10.45% in June, 2012 from 10.61% in May, 2012.

The CPI-IW for July, 2012 will be released on the last working day of the next month, i.e. 31st August, 2012.