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. 

Some Selected Model Questions for IPO Examination - Paper I

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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

DA RATE WEF JULY 2012 TO BE 72% (7 % INCREASE) ESTIMATED

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.