KAVALIPOST

Saturday, 5 October 2013

Free Software : Record video from a webcam, recording device or screen


Debut Video Capture Software

Record video from a webcam, recording device or screen

Capture video files on your Mac or PC with this easy video recorder software. 

Webcam Recording Software Video Recording Software Video Screen Capture Capture Streaming Video 
Record from
webcam
Record from
external devices
Record your
computer screen
Record
streaming video
Get it Free. A free version of Debut video capture software is available for non-commercial use only. If you will be using Debut at home you can download the free version here.

Video Capture Features

  • Capture video directly to your hard drive
  • Record videos as avi, wmv, flv, mpg, mp4, mov and more video formats
  • Capture video from a webcam, network IP camera or video input device (e.g., VHS recorder)
  • Screen capture software records the entire screen, a single window or any selected portion
  • Digital zoom with the mouse scroll wheel, and drag to scroll the recording window
  • Zoom-to-mouse feature focuses the recording window on the cursor
  • Mouse highlighting spotlights the location of the cursor
  • Record video alone or video and audio simultaneously
  • Record audio from your microphone and speakers simultaneously, ideal for recording video conferences
  • Time lapse video recording
  • Create photo snapshots of a video at any time
  • Add your own text captions or time stamp your video
  • Change color settings and video effects before recording
  • Adjust the video resolution, size and frame rate for capture

Important information on RBI


Important information on RBI

1. Reserve Bank of India started its operations on-01 Apr 1935

2. Reserve was nationalised in ---1949

3. The maximum number of Deputy Governors RBI can have--4

4. Number of regional offices of RBI --28

5. RBI can issue notes upto the value of ---Rs. 10,000/-

6. As per Indian Coinage Act 1 Re coins can be used to pay/settle ------Any amount

7. As per Indian Coinage Act 0.50 ps coins can be used to pay/settle----- Amount not exceeding Rs. 10.

8. As per Indian Coinage Act coins worth less than 0.50 ps can be used to pay/settle----- Amount not exceeding Re. 1.(no longer applicable)

9. The logo of RBI has---A palm tree and a tiger

10. The H.O. of the RBI is in---Mumbai

11. The maximum amount for which customer's deposit is insured in a bank----Rs. 1,00,000

Institutions established by RBI and Head Office

1. Deposit Insurance and Credit Guarantee Corporation--Mumbai
2. National Housing Bank --New Delhi
3. National Bank for Agricultural and Rural Development--Mumbai
4. Securities Trading Corporation of India --Mumbai
5. Bharatiya Reserve Bank Note Mudran Private Limited--Bangalore
5. Industrial and Development Bank of India - Mumbai

Chemicals & their Common Chemical Names



Acid of sugar —oxalic acid
Ackey —nitric acid
Alum —aluminum potassium sulfate
Alumina —aluminum oxide
Antichlor —sodium thiosulfate
Antifreeze —ethylene glycol
Aqua fortis —nitric acid
Aqua regia —nitrohydrochloric acid
Arsenic glass —arsenic trioxide
Azurite —mineral form of basic copper carbonate
Asbestos —magnesium silicate
Aspirin —acetylsalicylic acid 
Baking soda —sodium bicarbonate
Benzol —benzene
Bitter salt —magnesium sulfate
Black ash —crude form of sodium carbonate
Black lead —graphite (carbon)
Bleaching powder —chlorinated lime; calcium hypochlorite
Blue vitriol —copper sulfate
Bone ash —crude calcium phosphate
Brine —aqueous sodium chloride solution
Calomel —mercury chloride; mercurous chloride
Caustic lime —calcium hydroxide
Caustic soda —sodium hydroxide
Chalk —calcium carbonate
Diamond —carbon crystal
Epsom salt —magnesium sulfate
Ethanol —ethyl alcohol
Fluorspar —natural calcium fluoride
Glauber's salt —sodium sulfate
Green vitriol —ferrous sulfate crystals
Gypsum —natural calcium sulfate
Heavy spar —barium sulfate
Indian red —ferric oxide
Laughing gas —nitrous oxide
Lime —calcium oxide
Lime (unslaked/quick/burnt) —calcium oxide
Lime (slaked) —calcium hydroxide
Limewater —aqueous solution of calcium hydroxide
Litharge —lead monoxide
Magnesia —magnesium oxide
Marble —mainly calcium carbonate
Methanol —methyl alcohol
Oil of vitriol —sulfuric acid
Orthophosphoric acid— phosphoric acid
Pearl ash —potassium carbonate
Plaster of paris —calcium sulfate
Potash —potassium carbonate
Pyro —tetrasodium pyrophosphate
Quicksilver —mercury
Red liquor —aluminum acetate solution
Rochelle salt —potassium sodium tartrate
Rock salt —sodium chloride
Silica —silicon dioxide
Slaked lime —calcium hydroxide
Soda ash —sodium carbonate
Soluble glass —sodium silicate
Sour water —dilute sulfuric acid
Spirit of salt —hydrochloric acid
Spirit of wine —ethyl alcohol
Table salt —sodium chloride
Table sugar —sucrose
Talc or talcum —magnesium silicate
Vinegar —impure dilute acetic acid
Vitriol —sulfuric acid
Washing soda —sodium carbonate
Water glass —sodium silicate
White caustic —sodium hydroxide
White vitriol —zinc sulfate crystals

Result of the Postman examination 2012 held on 29.09.2013


Result of th Postman Eamination held on 29.09.2013  has been declared today. To view the result Division wise click on the Division name below.


Computer Literacy / Working Knowledge on Departmental Software in respect of P As/S As and Supervisory Staff




Source : http://www.aipeup3chq.com/


World Post Day and National Postal Week...


As per Directorate D.O. letter No.18-50/2011-BD & MD dtd 24.09.2013 circulated vide C.O. letter No.Tech/20-16/2013 dated 26.09.2013, 9th October is celebrated as "World Post Day"all over the world. In India, World Post Day is celebrated as part of National Postal Week which would commence this year on 9th October and would end on 15th October, 2013.
During National Postal Week 2013, the following activities to be celebrated generously by organising press meet /melas / meetings etc.

  Date  Activities to be performed
  09.10.2013 Wednesday  World Post Day
  10.10.2013 Thursday  Savings Bank Day
  11.10.2013 Friday  Mail Day
  12.10.2013 Saturday  Philately Day
  14.10.2013 Monday  Business Development Day
  15.10.2013 Tuesday  PLI Day


IBPS RRB Office Assistant Exam- 05 October 2013(Morning Shift) Questions


IBPS RRB Office Assistant Exam- 05 October 2013(Morning Shift) Questions


Friends.. Here is some General Awareness Questions asked in today's (05.10.2013) IBPS RRB Office Assistant (Clerk) Online Exam- Morning Shift. These Questions were shared by our friends Manjith Biswas and Hemat Kumar. A big thank you to them on behalf of our team and readers. Wish them all the very best.

1) Leader of Opposition in Lok Sabha- Sushma Swaraj
2) Yamuna River Birth Place- Yamunotri
3) Where is Rajiv Gandhi thermal station?- Kedar in Hisar district of Haryana
4) Khel Ratna award recipient?- Rojan Sodhi
5) Ang Lee is the director of?- Life of Pie
6) Pakistan parliament-
7) Capital of Denmark- Copenhagen
8) Currency of South Africa- South African rand
9) BSDA possible to which banks?
10) FSLR full form?
11) Best public sector award to which bank?-
12) Rajya Sabha member elected for how many years?-06 Years
13) Highest number possible for Loksabha?
14) Bagirathi river is in?
15) Banks with insurance broker called?
16) Highest forex bank?
17) About Bimal jalan committee
18) One question about Pullela Gopichand
19) The Guide Written by?- R K Narayanan
20) International women’s day?- March 8
21) Chhattisgarh capital?- Raipur
22) US open 2013 women’s singles winner?- Serena Williams
23) Badminton league teams?
24) One question on bharat nirman scheme
25) Food security Scheme- total no of kgs of food grains?- 5 Kgs
26) Afghanistan president?- Hamid Karzai
27) Hirakud dam on which river?- Mahanadi
28) Somath temple in which state?- Gujarat
29) Meghdoot written by?- Kalidas
30) Anil Mann got Dhyan chand award?- Wrestling
31) Basic saving deposit account for – All scheduled bank with foreign banks
32) Co author of the book” Saving Capitalism from the Capitalists”- Raghuram Rajan
33) Banks are working as insurance broker under-IRDA


Different Kind of Accounts in Use in Banking World:


Different Kind of Accounts in Use in Banking World:

(a) 'Nostro Account'
A bank account held in a foreign country by a domestic bank, denominated in the currency of that country. Nostro accounts are used to facilitate settlement of foreign exchange and trade transactions. The term is derived from the Latin word for "ours." Conversely, accounts that are held by the domestic bank in its home country for foreign banks are called vostro accounts, derived from the Latin word for "yours."

For example, a U.S. bank may have nostro accounts with one or more Canadian banks. These accounts will be denominated in Canadian dollars, which enables efficient settlement of transactions that are Canadian dollar denominated. Nostro accounts also minimize the exposure of the U.S. bank to undue exchange rate risk. 

(b) 'Vostro Account':

The account that a correspondent bank, usually located in the United States or United Kingdom, holds on behalf of a foreign bank. A vostro account is one in which the domestic bank (from the point of view of the currency in which the account is held) acts as custodian or manages the account of a foreign counterpart. Also known as a loro account.

For instance, if a Spanish life insurance company approaches a U.S. bank to manage funds in an account for the Spanish life insurer's behalf, the account would be deemed a vostro account of the insurer.

The term vostro is Latin for "yours," thus when translated literally, it means "your account."

(c) NRE Account:

In this account rupee denominations can be maintained. The account can opened in the names of two or more non-resident individuals provided all the account holders are persons of Indian nationality or origin. Amount held in the NRE account are freely repatriable and you cannot send money by any other means except as remittance from abroad or transfer from another NRE account.

NRE account may be in the form of savings, current, recurring or fixed deposit accounts. Such accounts can be opened only by the non-resident himself and not through the holder of the power of attorney.

Taxation

Accrued interest income and balances held in NRE accounts are exempt from Income tax and Wealth tax, respectively

Currency

Account holder is exposed to the fluctuations in the value of INR.

Interest rates

Banks are free to determine the interest rates of saving's and term deposits of maturity of one year and above.

Interest rates offered by banks on NRE deposits cannot be higher than those offered by them on comparable domestic rupee deposits.

(d) NRO Account:

NRO accounts may be opened / maintained also in the form of rupee denomination could be in the form of current, savings, recurring or fixed deposit accounts. The account can be held jointly by residents. You can transfer money into an NRO account from any account - even other individuals residing in india can transfer money into an NRI's NRO account.

Repatriation

Not repatriable except for the following:
i) current income
ii) up to USD 1 (one) million per financial year (April-March), for any bonafide purpose, out of the balances in the account, e.g., sale proceeds of assets in India acquired by way of purchase/ inheritance / legacy inclusive of assets acquired out of settlement subject to certain conditions.

Currency

Account holder is exposed to the fluctuations, in the value of INR to the extent of interest amount.

Interest rates

Banks are free to determine their interest rates on savings deposits under Ordinary Non-Resident (NRO) Accounts.

However, interest rates offered by banks on NRO deposits cannot be higher than those offered by them on comparable domestic rupee deposits. Tax is deducted at source in NRO accounts, unlike NRE accounts. 

However, funds from NRO to NRE accounts can be transferred, vice- versa.

(e) 'Suspense Account'

In accounting, the section of a company's books where unclassified debits and credits are recorded. The suspense account temporarily holds unclassified transactions while a decision is being made as to their classification. Transactions in the suspense account will still appear in the general ledger, giving the company an accurate indication of how much money it has. 

In investing, a suspense account is a brokerage account where an investor places cash or short-term securities temporarily while deciding where to invest them for a longer term.

Suppose a doctor's office has two patients named Bob Smith, each with an outstanding balance of $100. One day at lunch, one of the Bobs stops by the office to pay his bill and leaves $100 cash and his name with the receptionist. Unfortunately, the receptionist does not ask for his address or account number and when the office bookkeeper returns from lunch, she doesn't know which Bob Smith has paid his bill. The bookkeeper would classify the transaction in the suspense account until she could determine which patient to attribute the $100 to.

(f) 'Call Deposit Account'

A bank account for investment funds that offers the advantages of both a savings and a checking account. A call deposit account, like a checking account, has no fixed deposit period, provides instant access to funds and allows unlimited withdrawals and deposits. Like a savings account, a call deposit account pays interest. The rate of interest a call deposit account pays depends on the amount of money in the account, a system commonly referred to as banded interest rates. Also, different currencies may earn different interest rates. Depositors may have to meet a minimum balance threshold before they earn any interest.

Call deposit accounts allow investors to deposit and withdraw funds in several currencies, which commonly include the U.S. dollar, the euro and the British pound. This flexibility reduces investors' exposure to foreign exchange expenses and currency risk. Call deposit accounts often have minimum deposit requirements to establish an account and may have minimum daily balance requirements, too.

(g) 'Margin Account'

A brokerage account in which the broker lends the customer cash to purchase securities. The loan in the account is collateralized by the securities and cash. If the value of the stock drops sufficiently, the account holder will be required to deposit more cash or sell a portion of the stock.
In a margin account, you are investing with your broker's money. By using leverage in such a way, you magnify both gains and losses.

(h) Money Market Account. This type of bank account pays interest at a higher rate than the rate paid on interest-bearing savings and checking accounts. Often, money market accounts impose a minimum balance for the account to start earning interest. The minimum required balance on a money market account is usually higher than that imposed on a checking or savings account. With a money market account, withdrawals are limited to six per month. No more than three of these withdrawals can be by check.

(i) Time Deposits, frequently referred to as certificates of deposit (CDs), are bank accounts that require the account holder to make a deposit and agree to leave funds in the account for a specific amount of time. In return for this agreement, the financial institution pays interest to the account. Often, the interest paid on a CD is higher that the rate paid on other types of bank account. The account holder is required to keep his or her money in the account until the specified term is over. However, some financial institutions allow account holders to withdraw interest, without affecting the principal. In some cases, account holders may be allowed to withdraw their principal funds before their CD matures, but a penalty is typically charged.

(j) No-Frills Bank Accounts. A no-frills bank account may allow the holder to pay bills and cash checks without paying the high fees associated with completing such transactions without an account. An account of this type will likely allow for only a limited number of checks, deposits, and withdrawals to be processed in any given month. In most cases, interest is not paid on a no-frills bank account.

(k) Checking Account is a bank account that uses checks as the primary instrument for withdrawing money. With a checking account, you can make purchases, pay bills, and give or loan money to anyone you choose. You can also use a check to transfer money from your checking account to a bank account at a different financial institution. Usually, financial institutions allow account holders to make as many deposits and withdrawals as they wish. Many allow account holders to make withdrawals and deposits through automatic teller machines (ATM) as well.

(l) 'Negotiable Order of Withdrawal (NOW) Account'

An interest-earning bank account with which the customer is permitted to write drafts against money held on deposit. Also known as a "NOW account".

Typically commercial banks, mutual-savings banks and savings-and-loan associations can offer this type of account to individuals, some nonprofit organizations and certain governmental units.

(m) Definition of 'Bank Trust Custodial Account'

A type of Individual Retirement Account (IRA) allowed by the Employee Retirement Income Security Act of 1974 (ERISA) in which contributions are paid into the bank's interest-bearing financial instruments or a self-directed account. The difference between a self directed account and the bank's interest bearing financial instrument is that the investor is in charge of investment decisions. Self-directed accounts are usually set up by a brokerage and the investor is charged an amount above trading costs.
ERISA is federal legislation enacted to ensure that pension/retirement plans of employers are fair and secure. It is the law that established rules and regulations to govern private pension plans, including vesting requirements, funding mechanisms, and general plan design and descriptions.

(n) Definition of 'Official Settlement Account'

A type of account used in balance of payments accounting to keep track of central banks' reserve asset transactions with each other. The official settlement account keeps track of transactions involving gold, foreign exchange reserves, bank deposits and special drawing rights (SDRs). Essentially, this account keeps track of transactions related to international assets.

The other account types used in balance of payments accounting are the current account and the capital account. The current account keeps a record of a country's imports and exports of goods, services, income and transfers, and whether the country is a net creditor or net debtor. The capital account records the change in foreign and domestic ownership of assets.

(0) FCNR

FCNR deposits stands for Foreign Currency Non-Repatriable account deposits. This is a Fixed Deposit Foreign Currency account and not a savings account. Deposits in this account can be made in any of the major currencies like US Dollar, UK Pound, Canadian Dollar, Deutsche Mark, Japanese Yen and Euro.

(p) Non-Resident Accounts

Non-Resident bank accounts are those, which are maintained by Indian nationals and Persons of Indian origin resident abroad, foreign nationals and foreign companies in India. Bank branches can open ordinary non-resident accounts in the names of private individuals provided initial deposits for opening the accounts are received from abroad in an approved manner or the initial amount is tendered in foreign currency while on a visit to India or transfer of funds from the existing non-resident account of the same person.

About Indian Railways


First in Indian Railways

1. The first train was run in 1853(16 April) 21 miles from Bombay (Boribandar) to Thane.
2. The first passenger train steamed out of Howrah station destined for Hooghly, a distance of 24 miles, on 15th August, 1854.
3. The first electric train in 1925 was run by Great Indian Peninsular Railway at Bombay.
4. First Rajdhani Express (between Howrah and Delhi ) started on 01 Mar 1969.
5. The first under ground railway in India started in Kolkata in 1984.
6. Computerised Passenger Reservation system was introduced in Indian Railways in 1986.
7. The computerised passenger reservation system (PRS) of Indian Railways is the largest passenger reservation network in the world,available at 2,222 locations with more than 8074 terminals.
8. The First Duronto Express train (point-to-point train) started in September 2009 from Sealdah to New Delhi.

Longest in Indian Railways

9. The longest platform in the world is in Kharagpur (2733 ft).
10. The longest rail journey is between Dibrugarh and Kanniya Kumari (4286 km) performed by Vivek Express, introduced in 2011. Prior to this, Himsagar Express covered the longest distance from Jammu Tawi to Kanniya Kumari (3751 km).
11. Vembanad Railway Bridge connecting Edappally and Vallarpadam with a length of 4.62 km is the longest rly bridge in India.
12. The longest railway tunnel, the Pir Panjal Railway Tunnel (between Qazigund and Banihal) has a length of 10.96 km. The work on the tunnel was completed in October 2011. Prior to this the longest railway tunnel was the Karbude Tunnel of length 6.5 km in Maharashtra and a part of the Konkan railways.

Miscellaneous Information

13. Konkan railway passes through Sahyadari mountains in the western ghats. It connects Mumbai and Mangalore.
14. India with railroad network of 63,974 km (as on 31.03.2010) ranks fourth in the world after the US, Russia and China.
15. The total electrified route of Indian Railways is 18,927 kms (as on 31.03.2010).
16. The Darjeeling Himalayan Railway, the Nilgiri Mountain Railway, The Kalka Shimla Railway collectively known as Mountain Railways of India are classified as a world heritage site by UNESCO.
17. Chhatrapati Shivaji Terminus, formerly known as Victoria Terminus Station, in Mumbai is also a World Heritage Site.
18. Bholu, an elephant is the mascot of Indian Railways.
19. Fairy Queen is the world’s oldest working steam locomotive plying from New Delhi to Alwar.
20. World's first railway timetables were designed by George Bradshaw.
21. The Nilgiri Mountain Railway has a rack section of the line, from Kallar to Coonoor (elevation 1,712 m). This is the only place where rack system is used in Indian Railways.
22. The station which has all the three gauges viz narrow, metre and broad is Siliguri station.
23. The scheme of the Indian Railways to issue travel passes priced at Rs. 25 to the poor whose monthly income is below Rs 1,500 and which enables them to travel upto 150 kms (as proposed in Railway Budget 2012-13) in general class and second class trains is called Izzat.

How is your work Performance?


Employee "A" in a company walked up to his manager and asked what my job is for the day? 
•The manager took "A" to the bank of a river and asked him to cross the river and reach the other side of the bank. 
•"A" completed this task successfully and reported back to the manager about the completion of the task assigned. The manager smiled and said "GOOD JOB". 
Next day Employee "B" reported to the same manager and asked him the job for the day. The manager assigned the same task as above to this person also.
•The Employee "B' before starting the task saw Employee "C" struggling in the river to reach the other side of the bank. He realized "C" has the same task.
•Now "B" not only crossed the river but also helped "C" to cross the river. 
•"B" reported back to the manager and the manager smiled and said "VERY GOOD JOB" 
The following day Employee "Q" reported to the same manager and asked him the job for the day. The manager assigned the same task again. 
•Employee "Q" before starting the work did some home work and realized "A", 
"B" & "C" all has done this task before. He met them and understood how they performed. 
•He realized that there is a need for a guide and training for doing this task. 
•He sat first and wrote down the procedure for crossing the river, he documented the common mistakes people made, and tricks to do the task efficiently and effortlessly. 
•Using the methodology he had written down he crossed the river and reported back to the manager along with documented procedure and training material. 
•The manger said "Q" you have done an "EXCELLENT JOB". 
The following day Employee "O' reported to the manager and asked him the job for the day. The manager assigned the same task again.
"O" studied the procedure written down by "Q" and sat and thought about the whole task.
He realized company is spending lot of money in getting this task completed. He decided not to cross the river, but sat and designed and implemented a bridge across the river and went back to his manager and said, "You no longer need to assign this task to any one".

The manager smiled and said "Outstanding job 'O'. I am very proud of you."
 
What is the difference between A, B, Q & O????????
Many a times in life we get tasks to be done at home, at office, at play.,
Most of us end up doing what is expected out of us. Do we feel happy? Most probably yes. We would be often disappointed when the recognition is not meeting our expectation.
Let us compare ourselves with "B". Helping someone else the problem often improves our own skills. There is an old proverb (I do not know the author) "learn to teach and teach to learn". From a company point of view "B" has demonstrated much better skills than "A" since one more task for the company is completed.
"Q" created knowledge base for the team. More often than not, we do the task assigned to us without checking history. Learning from other's mistake is the best way to improve efficiency. This knowledge creation for the team is of immense help. Re-usability reduces cost there by increases productivity of the team. "Q" demonstrated good "team-player" skills,
Now to the outstanding person, "O" made the task irrelevant; he created a Permanent Asset to the team. 
If you notice B, Q and O all have demonstrated "team performance" over and above individual performance; they have also demonstrated a very invaluable characteristic known as "INITIATIVE".
Initiative pays of everywhere whether at work or at personal life. If you have initiative you will succeed. Initiative is a continual process and it never ends. This is because this year's achievement is next year's task. You cannot use the same success story every year. 
The story provides an instance of performance, where as measurement needs to be spread across at least 6-12 months. Consequently performance should be consistent and evenly spread. 
Out-of-Box thinkers are always premium and that is what everyone constantly looks out for. Initiative, Out-of-Box thinking and commitment are the stepping stone to success.


Initiative should be life long. Think of out of the box.

Washerman's Donkey: Management moral story


Once upon a time a Washerman was bringing up two donkeys. Let us say Donkey-A and Donkey-B. 
Donkey-A felt it was very energetic and could do better than the other. It always tried to pull the washerman's attraction over it by taking more load and walking fast in front of him.  
Innocent Donkey-B is normal, so it will walk normal, irrespective of the washerman's presence. 
After a period of time, Washerman started pressurizing Donkey-B to be like Donkey-A. But Donkey-B unable to walk fast and got continuous punishment from washerman. It was crying and told personally to Donkey-A "Dear friend, only we two are here, why to compete with each other. We can carry equal load at normal speed." That made Donkey-A all the more energetic and next day it told to washerman that it can carry more load and even it can run fast too. Obviously happier washerman looked at Donkey-B, his BP raised and he started kicking Donkey-B. 
Next day with smile, Donkey-A carried more load and started running fast. But it was breath taking for Donkey-B and it couldn't act that way. But the washerman was frustrated, so he harassed Donkey-B terribly, and finally it fell down hopelessly. Then Donkey-A felt itself as a super and happily started carrying more load with great speed. But now the load of the Donkey-B is also being carried by Donkey-A., and still it has to run fast. 
For some period it did, finally due to fatigue it got tired and started feeling the pain. But washerman expected more from Donkey-A. It also tried best, but couldn't cope up with his owners demand. The Washerman got angry with Donkey-A also and started harassing to take more load. Donkey-A was crying for long time and then tried its best. But it couldn't meet the owner's satisfaction.  
Finally the day came when due to frustration the washerman killed Donkey-A and went for searching some other donkeys. It’s an endless story.



The moral of the story in corporate life is:

"Think all colleagues are same and that everyone is capable. Always share the Load equally. Don't ever act smart in front of your Boss and never try for getting over-credit. Don't feel happy when your colleague is under pressure." And most importantly, Never Work Hard, Work Cleverly. "Success is a journey not a destination!"

Courtesy : http://akulapraveen.blogspot.in/

Do you know What is Cheque Truncation System or CTS 2010


RBI has decided to launch this CTS or Cheque Truncation System and all banks across India are required to follow RBI guidelines in this regard. As per RBI guidelines, now all banks have to issue cheques conforming to the CTS 2010 standards with uniform features. Under the CTS system, the physical movement of cheques between banks will be eliminated. Now under CTS, instead of physical movement of the cheque, an electronic image of the cheque will be transmitted to the drawee branch / bank. The presenting bank will retains the physical cheque. Along with the electronic image, certain key relevant information is also transmitted, such as date of presentation, presenting bank details, data on the MICR band. The system will also help in speed clearance of chequess and thus customers will be able to get faster credit to their accounts.


Limited Departmental competitive Examination for promotion to the cadre of Postmaster Grade-I 2013 held on 21-7-2013 in HP circle- display of Provisional Key


To view Directorate memo No. A.34012/142013-DE dated 30/9/2013, please CLICK HERE.

Karnataka hikes D.A from July'13. Issued order


Karnataka enhanced Dearness Allowance @6% on revised pay scales with effect from 1st July 2013. This will also hike the Dearness Allowance payable to pensioners. With this hike , total D.A. comes to 15% of Basic Pay. The amount of arrears will be paid in cash.

Download The Order

Source : http://paycommissionupdate.blogspot.in/

Economy Measures and Rationalization of Expenditure - clarification

Click here to view the clarification issued by the Finance Ministry on the above subject matter.


MOBILE MONEY TRANSFER SERVICE


Do’s & Don’ts for Postal Assistant:  

Do’s
  1. Postal Assistant should keep the handset at the counter during the working hours.
  2. Postal Assistant should charge the handset whenever required.
  3. If a transaction fails two times by a  postal assistant then PA shall call to the DOP Help line for assistance.
  4. Postal Assistant shall verify the filled details when presented to him by mobile application and make sure that the details are correct. (Tx.id, Mobile number, etc).
  5. While doing the Cash out, Postal Assistant shall hand over the money only after the authorization transaction is done by the system.
  6. If either secret code or transaction ID is wrong, the authorization for service will fail. In this case Postal Assistant  shall again ask the claimant to give Tx id/Secret Code correctly and further see/verify identification of Recipient
  7. Once transaction is done and the pop up of successful/failed transaction notification is displayed on the handset, Postal Assistant should remove the popup by pressing OK and start with another transaction.
  8. Maximum time that the application will wait for a response from the server is 5 minutes, once  the Postal Assistant confirms the transaction.
  9. The application will have an inactivity timeout (1 hour).When there won’t be any activity within the application for this pre-defined timeout, the application should be closed automatically without displaying any message to the user.
  10. Postal Assistant shall report a lost or stolen mobile handset immediately to his HO and DOP Help line to avoid unlawful activities.

Don’ts .

  1. Postal Assistant should never disclose the application PIN to any unauthorized person.
  2. Don’t give your handset to unauthorized person.
  3. Postal Assistant should never disclose Customer Transaction ID to another person.
  4. Never make payment without authorization from the system. It will be illegal.
  5. Do not try the same transaction again and again if it is failing every time. Check the parameters and retry.

Procedure for handling MMTS Device

  1. Switch on the mobile, by pressing the power on key. On the left side you will see the “BSNLDOP” shortcut. This is the main application and in general you will only be using this.
  2. Mobile Money Remittance screen will open and ask for 4 digit PIN number/Login ID, which is the same number that was told to you during the training and is available in the SMS Inbox of your phone.
  3. After putting PIN, wait for 3 to 4 min. and do not press any other button. Menu Screen will open and you can start the Transactions. If failure message comes, try again or contact customer care.
  4. After Login, Mobile Screen will display Menu

a.    Cash In:(for booking money order)
b.    Cash Out:(for giving the payment to Recipient)
c.    Recall:(Cancellation of Money order)
d.    Cash In Reversal: (Automatic reversal after the time elapsed(14 days)

Cash In :

v  Click on “Cash In” button for money transfer/book money order. 6(six) parameters will open and will ask for the following;

  1. Remitter Mobile: No.(10 Digit Mobile No. of sender)
  2. Remitter Name: (Name of the Money Sender)
  3. Recipient Mobile No.:(10 Digit)
  4. Recipient Name:(Name of the Payee)
  5. Recipient PO PIN Code: (PIN Code of a covered PO, near to the address of the recipient)
  6. Amount:(Total Amount for Money Order with Commission)

v  After filling the details, click on OK.

v  It will show you a screen with all the entries. Verify the entries and if any problem, press Cancel otherwise OK.

v  If there is any problem with your entries, it will give you an error message. Check the entries and reconfirm.

v  Never resubmit the entries if you have already sent and there has been no response. In case of any doubt, call Customer Care.

Cash Out

v  To give money out to the recipient (withdrawal) Click on ‘cash out’ and attached menu will open.

v  Transaction ID (This is the ID available on the SMS of the recipient)

v  Secret Code (This is the 6 digit code that recipient tells you verbally).It will show you a screen with all the entries. Reverify  the entries and if any problem, press Cancel otherwise OK.

v  Again press OK and only when you get “Transaction Verification give the money to the recipient”. If no message comes, or any other message comes, check the message and accordingly call the Customer Care if required.

Recall

v  If sender wants to recall his money (cancel the Money Order) after sending it, then click on Recall button and fill the entries as shown on the screen.
v  This can only be done from the PO, where the Money Order was originally booked.

Cash In Reversal

v  If the money is not taken out by the recipient or sender within 14 days, it will get reversed to the sender and he will get a new transaction ID called “ Reversal Transaction ID”.

v  To pay the sender, Open “ Cash In Reversal” and fill the details.

v  This can only be done from the Original Booking PO.

v  Once you fill the details, press OK

v  Re-verify the details and if it is correct, press “OK” or otherwise press “Cancel”.

v  Only when you get the “Transaction Verified” message, pay to the sender, otherwise in case of any other message, either take the corrective action or contact the customer care.

Locate Post office

v  This application is located either at the right hand side of the handset as the shortcut or you have to go to Home Screen>OK Button>Java(3rd icon on the middle line)-Locate PO. Just press OK to open the application.

v  This is useful when you do not know the PIN code of the post office where the sender wants to send the Money.

v  Also not all the Post Offices are covered by this Service initially. Hence also to find out if the service is available in a Post Office or not, you can use this application.

v  This gets automatically updated as new post offices are added.

v  Latest information is also available at the website www.dopmobile.in

v  To use this application, press the button. It will open the menu where you put the initial letters of the name of the Post Office that you want to search.

v  Once the name matches, you can click on this and it will show you the details of that Post Office including the address and PIN code.

v  You have Four Options. Quick search will search by PO, City search by covered city and so on.

 Query: (To find out various details of the transactions during the day and for that particular Transaction)

To help you with your daily requirements, you can get following information from the  query menu:-

v  Daily Cash In Transaction (This will give you the total number and amount of Cash In Transactions)
v  Daily Cash Out Transaction (This will give you the total number and amount of Cash Out Transactions)
v  Daily Balance in Hand (This will give you the balance in hand after all the “Cash In” and “Cash Out”) transactions
v  Particular Transaction Details (This gives you the status of a particular transaction, after putting the Transaction ID)

Resend Notification

If for some reason the recipient or sender does not get the notification SMS, Postal Assistant can resend the Notification. For this he/she needs to put the details as shown on the “Menu”. In case of multiple transactions, it will send the last transaction only. 


CENTRAL JCA MEETING ON 19-10-2013

CENTRAL  JCA  MEETING

To

          All General Secretaries NFPE & FNPO

          CENTRAL JCA MEETING (NFPE & FNPO) WILL BE HELD AT NFPE OFFICE (NORTH AVENUENEW DELHI ON 19th OCTOBER 2013 AT 11A M . 
          ALL GENERAL SECRETARIES OF NFPE & FNPO ARE REQUESTED TO ATTEND THE MEETING IN TIME.


                    M. Krishnan                                      D. Theagarajan 
                    Secretary General                            Secretary General
                          NFPE                                                   FNPO

CALCULATION OF BONUS:

                              Average emoluments X Number of days of Bonus    (Apr-2012 to March-13)
30.4(Average no. of days in a month)

Ceiling 3500/- per month

Month
Amount
Apr-12
3500
May-12
3500
Jun-12
3500
July-12
3500
Aug-12
3500
Sep-12
3500
Oct-12
3500
Nov-12
3500
Dec-12(one day strike on 12-12-12)
3500*30/31=3387                           3387                                                                 
Jan-13
3500
Feb-13(two days strike on 20-02-13 to 21-02-13)
3500*26/28=3250                           3250
Mar-13
3500
Total(one year emoluments)
41637



Monthly average=41637/12=3469.75=3470


Bonus for 60 Days  =3470*60/30.4=6848.68=6849


Some Measurement Devices and their use:



Device------Used for Measuring

Anemometer------Speed of Wind

Actinometer-------Heating power of radiation, solar radiation

Ammeter-----Electric current in a circuit

Audiometer------Hearing loss

Bolometer------- Power of incident electromagnetic radiation

Barometer-----Atmospheric pressure

Cathetometer--------Vertical distances

Densimeter-------Specific gravity of liquids



Dynamometer----------Force or torque

Densitometer---------Optical density of a photographic film

Electroencephalograph-------Electrical activity of the brain

Electrocardiograph-------Electrical activity of the heart

Elaeometer-------Specific gravity of oils

Galvanometer------Electricity

Hydrometer---------Specific gravity of liquids

Hygrometer---------Density of water in air

Lactometer--------Specific gravity of milk

Lysimeter----------Balance of water in soil

Magnetometer--------Strength of magnetic fields

Manometer-------Pressure

Plastometer-----Flow properties of plastic materials

Polarimetry------Polarization of transverse waves, electromagnetic waves

Spirometer--------Volume of air

Spectrometer-------Properties of light in a specific portion of electromagnetic spectrum

Seismometers-------Movement of Earth Surface

Sphygmomanometer-----Blood pressure

Thermometer-------Temperature

Tensiometer------Surface tension of liquids

Viscometer------Viscosity of a fluid

Voltmeter------Electric potential, voltage

Railways to hike passenger fare and freight tariff by about 2% from October 7


Railways have decided to increase passenger fare and freight tariff by about 2 per cent from next week to offset the financial burden arising out of increased input cost. 

Railways is expected to mop up about Rs 1250 crores from the hike in the last six months of the current fiscal, sources in the ministry said. 

The suburban and non-surban fares would, however, remain untouched. 

The decision on the fresh round of hike has been taken under the system of fuel adjustment component (FAC) about which an announcement was made in the 2011-12 rail budget. 

Railways has taken into account the additional burden of 7.3 per cent increase in diesel price and about 15 per cent in electricity hike. 

While the fare of AC and sleeper class will be increased by about 2 per cent, the freight rate will go up by 1.7 per cent, as per the decision. 

Railways has imposed 15 per cent levy as the busy season charge on all commodities from October 1 and the FAC-linked revision is likely to take effect from October 10. 

According to the budget proposal, the fuel component is segregated from tariff as FAC and the railways is expected to revise the passenger and freight tariff after every six months taking into account the input cost and the prevailing market condition.


Source : The Economic Times