Monthly Archives: May 2015

22 May

What is JAIIB & CAIIB? – Everything You Need To Know

Hello friends,

Many banks are recruiting young candidates these days and if you get selected in any of them, don’t think your studies days are over. There is still a long way to go, many ladders to climb,and thousands of stars to touch.

Being young and wild, one should try to achieve as much success as he/she can. Later on, life starts taking toll on you – marriage, family, in-laws, children. Priorities changes. So, its wise to keep going as long as you can.

Thereby, this post is for all who want to AIM HIGH, FLY HIGH.

This post is for all the following people –
Working as PO/ Clerk
Selected as PO/Clerk
Aspiring Candidates

Let’s start from the basic!!!

What is IIBF?
Indian Institute of Banking & Finance (IIBF) is a body of banks and financial institutions and professionals in banking and finance industry in India, was established on 30th April, 1928, at the initiative of few eminent bankers, businessmen and industrialists of India.

The mission of the Institute is to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy / counselling and continuing professional development programmes.

Objective of IIBF :
To facilitate study of theory and practice of banking and finance.
To test and certify attainment of competence in the profession of banking and finance.
To collect, analyze and provide information needed by professionals in banking and finance.
To promote continuous professional development.
To promote and undertake research relating to operations, products, instruments, processes etc. in banking and finance and to encourage innovation and creativity among finance professionals so that they could face competition and succeed.

The Institute conducts following Examinations :

A. For Members
Associate Examination : JAIIB / CAIIB
Certificate Examination in Banking Oriented Paper in Hindi (BOPH)

B. For Non – Members :
Diploma in Banking & Finance (DBF)
Certificate Examination for DSA / DMA

C. For Members / Non – Members :
Diploma in Treasury, Investment and Risk Management (DTIRM)
Diploma in Banking Technology (DBT)
Diploma in International Banking and Finance (DIBF)
Post Graduate Diploma in Financial Advising (PG

Among all the courses offered by IIBF mentioned above, our area of Interest is JAIIB/CAIIB

What is JAIIB?
Acronym for Junior Associate of the Indian Institute of Bankers.
This is an associate examination held by the Indian Institute of Banking and Finance (IIBF).
The JAIIB exam is only applicable to the ordinary members of the Institute.
The aspiring candidates must have completed 10th examination or its equivalent from a recognized institute.

What is CAIIB?
Acronym for Certified Association of the Indian Institute of Bankers
CAIIB aims at providing advanced knowledge necessary for better decision making covering risk, financial and general bank management.
The CAIIB exam is only applicable to the ordinary members of the Institute.
A candidate applying for CAIIB must have completed JAIIB of the Associate examination under old syllabus.

Why JAIIB/CAIIB?
After clearing these exams you will be entitled to two increments.
Besides increments they help in getting good dept allocation such as Forex,Treasury,Corporate loans etc.
Helps in getting promotions.
Can get good position and higher salary in private sector bank.
The candidates can download the application form from the official website of IIBF. They can also collect the form from the concerned Zonal Offices of the Institute. The candidates are also required to remit the exam fee along with the completed application in the respective Zonal Office.

What is the syllabus?
As mentioned on the IIBF website, “Keeping in view the professional nature of examinations, all matters falling within the realm of the subject concerned will have to be studied by the candidate as questions can be asked on all relevant matters under the subject. Candidates appearing for the Associate Examination should particularly prepare themselves for answering questions that may be asked on the latest developments taking place under the various subjects of the said examination although those topics may not have been specifically included in the syllabus. The Institute also reserves to itself the right to vary the syllabus / rules /fee structure from time to time. Any alterations made will be notified from time to time.”

Well, its a serious post, so I have to keep the things little technical 😛

What are the subjects?
JAIIB –

1. Principles of Banking
2. Accounting and Finance for Bankers
3. Legal aspects of Banking

CAIIB –
1. Risk Management
2. Financial Management
3. General Bank Management

What is the pattern of the exam?
Questions for the JAIIB / CAIIB Examination will be asked calling for :
Knowledge testing
Conceptual grasp
Analytical / logical exposition
Problem solving
Case analysis
Further, questions based on current developments in banking and finance may be asked.
Candidates are advised to refer to financial news papers/periodicals including ‘‘IIB VISION’’ and ‘‘Bank Quest’’ published by the Institute.
JAIIB –
1. The JAIIB Examination will be of fully objective type (multiple choice) questions. Case study based questions may be asked.
2. About 120 questions per subject will be asked for the duration of two hours. The Institute may, however, vary the number of questions to be asked for a subject.
3. Each question paper will carry 100 marks.

CAIIB –
The CAIIB Examination will be of fully objective type (multiple choice) questions. Case study based questions may be asked.
2. About 90 questions per subject will be asked for the duration of two hours. The Institute may, however, vary the number of questions to be asked for a subject.
3. Each question paper will carry 100 marks

When these exams take place?
JAIIB/CAIIB examination will be conducted normally twice a year in the months of May / June and November / December.

JAIIB –
Examination will be held under online and offline mode.
Online examination will be held where necessary infrastructure facilities are available on three consecutive Sundays (one paper on each Sunday).
Examination under offline mode will be conducted on two consecutive Sundays (two papers on first Sunday and one paper on second Sunday).
CAIIB –
Examination will be conducted under offline mode only on two consecutive Sundays (two papers on first Sunday and one paper on second Sunday).
What is the time limit to clear the exam?
Candidates will be required to pass the examination (JAIIB/CAIIB) within a time limit of 2 years (i.e. 4 consecutive attempts).
Candidates not able to pass JAIIB/CAIIB Examination within stipulated time period of two years are required to re-enroll themselves afresh by submitting a fresh Examination Application Form.
Is this exam free?

No, nothing is free in this world, my friend 😛

JAIIB – Rs. 2,697
CAIIB – Rs. 3,034
What is the Passing Criteria?
Candidate securing atleast 45 marks in each subject with an aggregate of 50% marks in all subjects of JAIIB / CAIIB in a single attempt would also be declared as having completed JAIIB/ CAIIB Examination as the case may be. This benefit will not be available to canditates availing the facility of credit transfer as they would not be passing the examination in single attempt.

How should I study?
The Institute has developed a courseware to cover the syllabus. Candidates are advised to make full use of the courseware and also the updates put on the IIBF website from time to time.
However, as banking and finance fields are dynamic, rules and regulations witness rapid changes. Hence, candidates should keep themselves updated on latest developments by going through Master Circulars issued by RBI, visiting the websites of organizations like RBI, SEBI, BIS etc.

That’s it. It’s everything that you guys need to know about JAIIB/CAIIB. Well, there are few things more, for which we are providing few officials here.

Click here to View the Official Notifications –

Work Hard, Snack Often!!
22 May

COUNTRIES & ITS PARLIAMENT

COUNTRIES & ITS PARLIAMENT.
——————————————–
Afghanistan — Shoora
Andorra — General Council
Albania — People’s Assembly
Azerbaijan — Melli Majlis
Algeria — National People’s Assembly
Angola — National People’s Assembly
Argentina — National Congress
Australia — Federal Parliament
Austria — National Assembly
Bahamas — General Assembly
Bahrain — Consultative Council
Bangladesh — Jatiya Sansad
Belize — National Assembly
Bhutan — Tshogdu
Bolivia — National Congress
Brazil — National Congress
Brunei — National Assembly
Botswana — National Assembly
Britain — Parliment (House of Common’s & House of Lords)
Bulgaria — Narodno Subranie.
Cambodia — National Assembly
Congo Democratic — Rep. of National Legislative Council
Colombia — Congress
Canada — Parliament
China — National People’s Congress
Chile — Chamber of Deputies and Senate
Comoros — Legislative Council and Senate
Costa Rice — Legislative Council and Senate
Crotia — Sabor
Cuba — National Assembly of People’s Power
Czech Republic — Chamber of Deputies and Senate
Denmark — Folketing
Ecuador — Natinal Congress
El Salvador — Legislative Assembly
East Timor — Constituent Assembly
Ethiopia — Federal Council and House of Representative
Egypt — People’s Assembly
Fiji Islands — Senate & House of Representative
France — National Assembly
Finland — Eduskusta (Parliament)
Germany — Bundestag(Lower House),Bundesrat(UpperHouse)
Guyana — National Assembly
Greece — Chamber of Deputies
Hungary — National Assembly
Iceland — Althing
India — Parliament
Indonesia — People’s Consultative Assembly
Iran — Majlis
Iraq — National Assembly
Israel — Knesset
Italy — Chamber of Deputies and Senate
Japan — Diet
Jordan — National Assembly
Korea(North) — Supreme People’s Assembly
Korea(South) — National Assembly
Kuwait — National Assembly
Kenya — National Assembly
Laos — People’s Supreme Assembly
Labanon — National Assembly
Lesotho — National Assembly and Senate
Lithuania — Seimas
Luxembourg — Chamber of Deputies
Liberia — National Assembly
Libya — General People’s Congress
Malaysia — Dewan Rakyat and Dewan Negara
Maldives — Majlis Madagascar — National People’s Assembly
Mongolia — Great People’s Khural
Montenegro — Federal Assembly
Mozambique — People’s Assembly
Myanmar — Pyithu Hluttaw
Nepal — National Panchayat
Netherlands — The State General
Norway — Storting
New Zealand — Parliament (House of Representative)
Oman — Monarchy
Pakistan — National Assembly & Senate
Paraguay — Senate & Chamber of Deputies
Philippines — The Congress
Papua New Guinea — National Parliament
Poland — Sejm
Romania — Great National Assembly
Russia — Duma & Federal Council
Serbia — Federal Assembly
Senegal — National Assembly
Seychelles — People’s Assembly
Somalia — People’s Assembly
South Africa — Rep. House of Assembly
Spain — Cortes
Sweden — Riksdag
Saudi Arabia — Majlis Al Shura
Sudan — National Assembly
Switzerland — Federal Assembly
Syria — People’s Council
Turkey — Grand National Assembly
Tunisia — National Assembly
USA — Congress
Vietnam — National Assembly
Venezuela — National Congress
Zaire — National Legislative Council
Zambia — National Assembly

22 May

SBI PO 2015 Preliminary Test Important Topic Wise Syllabus

SBI PO Preliminary Test Wise Topic (Good to Cover – Analysis ) :

1. REASONING ABILITY : statements & Assumptions , puzzle test, statement and Course of Action, statement and Conclusion , inference ,input and out put , Venn Diagrams, sitting arrangements , mathematical Operations ,Blood relation , ranking and Number Test, Distance and Directions , Coding and Decoding .

See Also: Best Books for SBI PO 2015 Preparation

2. Quantitative Aptitude : Number System , Number Series, Percentage .Average ,Ration and Proportion, Simplification ,Quadratic Equation , , Problems on ages, Profit and Loss, Simple and Compound Interest , Alligation & Mixture , trains, Time & Distance ,Boats and Streams , Time & Work , Pipe and Cistern ,menstruation ,data interpretation and Probability

3. General English : Error Location ,Passage Completion ,fill in the blanks- Double ,Reading Comprehension , Re-arrangements , Sentence completion, Synonyms Antonyms –formation ..

19 May

First in India

First in India
=============
1. Name of the first Atomic Submarine of India ?
I.N.S Chakra
2. What is the name of first British to visit India ?
Hawkins
3. Name of the first election commissioner of India ?
Sukumar Sen.
4. Name of the first university of India ?
Nalanda University.
5. Where is India’s First nuclear centre ?
Tarapur
6. Name of the first Chinese pilgrim to visit India ?
Fa-hien
7. Name of first foreign recipient of Bharat Ratna ?
Khan Abdul Gaffar Khan
8. Where was the first Post Office opened in India ?
Kolkata in 1727
9. Name of the first deputy Prime Minister of India ?
Sardar Vallabh Bhai Patel
10. Name of first Space Tourist of India ?
Santosh George
11. Name of the first Aircraft Carrier Indian Ship ?
I.N.S. Vikrant
12. Name of First Indian who reached south pole ?
Col. I K Bajaj
13. Name of first Indian who won Billiards Trophy ?
Wilson Jones
14. Name of the First Indian Prime Minister who resigned from
Office ?
Moraji Desai
15. First Indian recipient of Oscar Award ?
Bhanu Athaiya
16. Name of the first Indian President to Die in office ?
Dr. Zakir Hussain
17. Name of the First Indian Author to get the Anderson Award ?
Ruskin Bond
18. Name of First Indian Missile ?
Prithvi
19. Name of first Indian Pilot ?
J.R.D. Tata in 1929
20. Name of the first Chief of Naval staff of India ?
Vice-Admiral R.D. Katari
21. Name of the first Indian to win Magsaysay Award ?
Acharya Vinoba Bhave in 1958
22. Name of first Indian to win Nobel Prize ?
Rabindranath Tagore
23. First Scientist of India to get Nobel Prize in Economics ?
Dr. Amartya Sen
24. Name of the First Indian Submarine ?
I.N.S. Cauveri
25. Name of the first person to get Paramvir Chakra
Major Somnath Sharma
26. First Indian to go into space ?
Sqn. Ldr. Rakesh Sharma
27. Name of first Indian to get Bharat Ratna Award ?
Dr. S Radhakrishnan
28. Name of first speaker of Lok Sabha ?
G.V. Mavlankar from 1952-1957
29. Name of first president of Indian National Congress ?
W.C. Banerjee
30. First President of India ?
Dr. Rajendra Prasad
31. Name of first Indian to get Jnanpeeth Award ?
G. Shankar Kurup
32. India’s first woman president ?
Smt. Pratibha Patil
33. Name of first woman governor of India ?
Sarojini Naidu
34. Name of the first Indian woman ruler ?
Razia Sultan on Delhi’s throne
35. Name of the first woman musician of India to get Bharat Ratna
?
M.S. Subbulakshmi
36. Name of the first woman of India to win WTA title ?
Sania Mirza
37. Name of the first Indian woman to get noble prize ?
Mother Teresa in 1979
38. Name of the first woman judge of Supreme Court of India ?
Meera Sahib Fatima Bibi
39. Name of the first woman judge of Supreme Court of India ?
Meera Sahib Fatima Bibi
40. Name of first woman of India to get Ashok Chakra ?
Nirja Mishra
41. Name of first woman of India to won Miss World Title ?
Reita Faria
42. Name of first woman of India to climb the mount everest ?
Bachendri Pal
Comment on this question
43. Name of the first woman of India to won Miss Universe title ?
Sushmita Sen
44. Name of India’s first woman IPS officer ?
Kiran Bedi
45. Name of first woman of India to get Jnanpith Award ?
Ashapurna Devi
46. Name of first Indian woman to win a Gold in Asian Games ?
Kamaljeet Sandhu

19 May

List of Computer Hardware with Their Inventors

List of Computer Hardware with Their Inventors
======================================
Keyboard:- Herman Hollerith (1930’s)
Transistor:-John Bardeen,Walter Brattain and Wiliam Shockley (1947-1948)
RAM:-An Wang and Jay Forrester (1951)
Trackball:-Tom Cranston and Fred Longstaff (1952)
Hard Disk:- IBM ,The IBM model 350 Disk file (1956)
Integrated Circuit :- Jack Kilby and Robert Noyce (1958)
Scanner :- Rudolph Hell in germany (1963)
Mouse:-Douglas Engelbart (1964)
CD-ROM :-James Russell (1965)
Laser Printer:-Gray Starkweather at XEROX in 1969
Floppy Disk :- Alan Shugart and IBM (1970)
Microprocessor:-Faggin Hoff and Mazor-INTEL4004 (1971)

19 May

10th BPS(Bank Bipartite Settlement) Finalized – New Pay Scales

In todays meeting between IBA and UFBU ( Workmen unions only), Workmen payscales are finalized which is to be implemented in 10th Bank Bipartite Settlement.

Check out the summary of the meeting below:

:: Scale of pay finalized::
Clerks: 11765 to 31540
Substaff: 9560 to 18545
(20 stages)

::8 STAGNATION increments.
5 once in 3 years and
3 once in 2 yrs –

::8th stagnation Increment w.e.f. 1.5.2015

:: DA – 0.10% per slab

:: HRA – 10%, 9% and 7.50%
(Only 3 areas. 3rd and 4th clubbed)

:: Transport – upto stage-15 – 425
stage 16 & above – 470

:: Medical – 2200

:: Special Allowance @ 7.75% of Basic Pay with DA thereon.

::Final Settlement may be signed on 25th. –

Wait for detailed circular.

Check out the complete post about 10th Bank Bipartite settlement here.

19 May

SSC CGL 2015 – Your All Queries Answered

SSC aspirants have been seeking clarification on a few issues relating to CGLE 2015 application. I have been trying to reply to them individually but due to my personal problems and lack of time I find it difficult to respond to each and every one of them. I am summarizing the issues raised and my answers to them for the benefit of larger number of candidate.

See Also : Best Books for SSC CGL 2015(Tier 1 & Tier 2) – All Subjects

1. WHETHER MULTIPLE APPLICATIONS CAN BE SUBMITTED?

Yes. In the case of online applications, the last application will be accepted as valid and in case of offline or paper applications, the regional office will have the discretion to accept any application of their choice.

2. WHETHER MULTIPLE APPLICATIONS CAN BE SUBMITTED FOR DIFFERENT REGIONS?
There is no bar. However, I had decided in CGLE 2012 that the least of the marks- in the event of multiple appearances for Tier I- will be taken into account. I hope that the same procedure is being followed now. Therefore, multiple appearances may not be fruitful. Though you can file multiple applications my advice is that you should appear for the examination only once.

3. WHETHER THOSE UR CANDIDATES BORN BETWEEN 1ST January 1988 and 31st July 1988, and OBC, SC AND ST CANDIDATES CORRESPONDINGLY SHOULD OPT FOR ALL POSTS?

Yes. In the event of DoPT deciding not to accept their representation to count age limit as on 1st January 2015, SSC will consider you only for the posts for which you are eligible. The danger of opting for only those three or four posts you may be eligible as of date is that SSC may not allow you to exercise fresh options later.

4. WHETHER SSC WILL SEEK FRESH OPTIONS IN CGLE 2015 TOO AFTER TIER I AND II?
The present policy makers in SSC have consistently followed the policy of allowing fresh options at the time of interview or document verification. As change in the set up is expected- the present Chairman will complete his tenure on 31st Dec 2015- it is difficult to anticipate what his successor will do. It is better, therefore, to exercise due diligence before exercising fresh options.

5, IF THERE IS NO CONFIRMATORY EMAIL FROM SSC AFTER SUBMISSION OF THE ONLINE APPLICATION, WHETHER IT IS ADVISABLE TO SUBMIT FRESH APPLICATION?
The affected candidates should have brought it to the notice of SSC. But, SSC waits for mistakes to be pointed out by me before taking corrective action! I feel that the advantage will lie in submitting fresh applications in such cases at an additional cost of Rs 100 rather than repenting later.

6. HOW ARE 3 CHANCES FOR CSS ASSISTANT COUNTED? WHETHER THE NO OF CAHNCES IS 3 FOR OBC, SC AND ST TOO?
As far as I know the number of chances is three irrespective if the category to which you belong. In my view, appearing for Tier I after opting for the CSS in the application should count as a chance. I do not know, however, whether the SSC intends to cause any verification of the number of chances or have developed any mechanism for such verification.

7. WHETHER JAT CANDIDATES SHOULD APPLY AS BELONGING TO UR OR OBC AS THE GOVERNMENT HAS SOUGHT A REVIEW OF 2 Judges Bench IN JAT OBC CASE?
In my view they should apply as OBC candidates and if the larger bench of Supreme Court decides to uphold the order of the lower bench SSC will redetermine their result as UR. The danger of not claiming OBC status in the application is that if the verdict goes in favour of JAT community, they cannot claim OBC status after the verdict.

8. WHETHER GOVERNMENT SERVANTS CLAIMING AGE RELAXATION AS CENTRAL GOVERNMENT CIVILIAN EMPLOYEES SHOULD TREAT THE POST OF ITI AS GROUP B OR C, AS THERE ARE DIFFERENT AGE LIMITS FOR THEM FOR Gr B and C POSTS?
They should treat ITI as Gr C for claiming age relaxation, If the CBDT treats the post as Gr B, SSC will not consider them for that post if they are over 35 (38 in case of OBC and 40 in case of SC and ST), but consider them for other Gr C posts.

9. WHETHER BANK AND PSU OFFICIALS REQUIRE NOC?
No. Even Government employees require NOC only if they claim age relaxation as Central Government Civilian Employees. However, Government employees should keep their Head of Office informed when they apply, but need not route the application through proper channel. Without such information they may find it difficult to get relieved after final selection and continuity in service- for pension and gratuity purpose besides pay protection in eligible cases, will be difficult.

10. FINAL YEAR/SEMESTER APPEARING STUDENTS ARE ALLOWED TO APPEAR. HOW WILL THEIR ELIGIBILITY BE COMPUTED? WHAT SHOULD THEY FILL IN THE % OF MARKS COLUMN IN THE APPLICATION?
Their result should be published before 1st August 2015 and even if the mark sheets are dated after that if they produce documentary evidence that their results were published on or before 31st july 2015, they will be considered eligible. They can fill in the average marks up to the last semester examination they have passed and update it at the time of interview/ document verification.

11. WHICH ARE THE POSTS FOR WHICH COLOUR BLINDNESS IS A DISQUALIFICATION?
The fact is that nobody knows! The Medical Boards decide in their wisdom and detailed guidelines are not given to them by the individual departments. However, once you are finally selected you lose your selection on the basis of the examination if you are found to be medically unfit for the post and SSC will not reallot you to any other post. Generally speaking, posts under the CBEC, ED, CBI, CBN and NIA require colour discrimination because of the nature of the duties. It is advisable to avoid exercising option for such posts.

12. IN CGL 2014 VH CANDIDATES WERE SELECTED FOR ITI AND CENTRAL EXCISE INSPECTOR THOUGH THE NOTICE OF THE EXAMINATION CLEARLY SAID THAT THEY WERE NOT ELIGIBLE. WHETHER VH CANDIDATES SHOULD OPT FOR THESES POSTS IN CGL 2015?
Yes. If they are not suitable SSC will not consider them for these posts at the time of result processing.
DO NOT WAIT TILL THE LAST WEEK TO SUBMIT APPLICATIONS. SUBMIT YOUR APPLICATION IMMEDIATELY THIS WEEK ITSELF TO AVOID DISAPPOINTMENT DUE TO TECHNICAL PROBLEMS.

THIS ABOVE POST IS WRITTEN BY EX SSC CHIEF KANNAN RAGHUPATHY ON HIS FACEBOOK PAGE.

SSC aspirants have been seeking clarification on a few issues relating to CGLE 2015 application. I have been trying to…

Posted by Kannan Raghupathy on Monday, May 18, 2015

19 May

SSC CGL 2014 Tier 2 Result Out

Staff Selection Commission (SSC) has declared the Result for SSC CGL 2014 Tier 2 Exam. The written exam for SSC CGL 2014 Tier 2 was conducted in April 2015.

Click Here to View the Result.

If you are unable to download from official website:

Download result from here .. alternative link (Pdf file uploaded)

Roll number and name ..

http://www.filedropper.com/list-1cgl2014
http://www.filedropper.com/list-2cgl2014
http://www.filedropper.com/list-3cgl2014

Write up (cut off num of candidates)

http://www.filedropper.com/writeupoftierii2014

19 May

Proposal for Age-relaxation for SSC exams

The Centre is considering age-relaxation for candidates appearing in this year’s Combined Graduate Level Examination (CGLE) for recruitment to various Group B and C government jobs.

The Staff Selection Commission (SSC) has already issued a notification for CGLE, 2015 and mentioned August 1, 2015 as the date of reckoning of age for the purpose of determining eligibility.

“Government has received representations from a large number candidates. In this regard, a proposal to allow the candidates who fulfil the age criteria as on January 1, 2015, to also apply for the posts as a onetime measure, is under the consideration,” a note by Department of Personnel and Training said.

The DoPT has sought comments on this from concerned stake holders .