LIC Recruitment 2014 – Assistant Administrative Officer
Life Insurance Corporation (LIC) of India invites online Applications from eligible Indian Citizens for appointment to the post of Assistant Administrative Officer (Actuarial). Important Dates: Start date for Online Registration : 20th March, 2014 Last date for Online Registration: 6th April, 2014 Download of Call Letter for Examination: 1st Week of May, 2014. Date of Online Examination (Tentative): 11th May, 2014 Application Fees /Intimation Charges(Non-refundable): For SC/ST/ PWD Candidates: Rs. 50/- plus Transaction Charges For all Other Candidates: Rs. 500/- plus Transaction Charges Details of Vacancies: Details…
What are Mutual Funds & Fixed Deposits?
A MUTUAL FUND is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets whereas a FIXED DEPOSIT (FD) is a financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. It is known as a term deposit or time deposit in Canada, Australia, New…
What are Asset Reconstruction Companies?
Introduction Asset reconstruction is the handling of distressed assets to attempt to recover their value and clear them from the books. The problem of non performing loan/assets is a global one and has been receiving attention of banks, economist, regulators and public, alike. Internationally Asset Reconstruction Companies (ARCs) have been created to bring about a system for cleaning up Non Performing Assets (NPAs) from the books of secured lenders and bring the locked assets in circulation into the economy. The word asset reconstruction…
Inflation Indexed Bonds – What and Why?
Reserve Bank of India recently launched Inflation Index Bond also known as Inflation-linked bonds or Inflation Indexed National Savings Securities. These bonds are launched in the backdrop of announcement made in the Union Budget 2013-14 to introduce instruments that will protect savings from inflation and also with increasing preference of investors for diversified instruments and to further improve the depth and width of G-Sec Market, it has been felt that Inflation Indexed bonds could be issued at the current juncture. Inflation-indexed…
Vidharbha Konkan Gramin Bank Recruiting RRB Candidates
Vidharbha Konkan -Gramin Bank, Nagpur invites applications from Indian citizens, for the post of officer in Middle Management Grade (Scale II), officer in Junior Management (Scale I) cadre and office Assistant (Multipurpose) from Indian citizens who have been declared qualified at the online CWE for RRBs conducted by IBPS during September/October 2013 and declared qualified. Important Dates: Opening date for Online Registration: Last Date for Online Registration: Application Fees: Officer (Scale I & II): - Rs. 20/- for SC/ST/PWD candidates.…
Uttarakhand Gramin Bank RRB Recruitment 2014
Uttarakhand Gramin Bank sponsored by State Bank of India invites applications from Indian citizens, for the post of Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) from Indian citizens who have been declared qualified at the Online CWE for RRBs conducted by IBPS during September/ October 2013. Important Dates: Payment of Application Fees: 12-03-2014 to 28-03-2014 Opening date for Online Registration: 12-03-2014 Last Date for Online Registration: 28-03-2014 Application Fees: Officer (Scale I) - Rs. 20/- for…
Axis Bank Young Bankers Program
Axis Bank, has entered into a tie-up with Manipal Global Education to introduce the ‘Axis Bank Young Bankers Program’ offering a Post Graduate Diploma in Banking Services (PGDBS) and a guaranteed job with Axis Bank on successful completion. Important Dates: Last date to Apply: 29th Mar 14 Online Test for Admission: 05-06 Apr 14 Personnel Interview: 25-27 Apr 14 Commencement of Session: 09th May 14 Eligibility Criteria: Age (as on 1st November 2012): Candidate should be minimum 21 years and…
Current Affairs – February 2014
1) World’s oldest flamingo known as Greater died at the age of 83 at Adelaide Zoo of Australia. Greater was brought to the zoo in 1933 and lived long with the Chilean flamingo named Chilly, who is in his 60s. Chilly is the only remaining flamingo in Australia. It is known that the lifespan of the flamingos is of about 25 years in the wild but they can live for many decades in captivity. 2) The 28th Surajkund International crafts Mela began at…
Meghalaya Rural Bank Recruiting RRB Candidates
Meghalaya Rural Bank, a joint undertaking of Government of India, Government of Meghalaya & State Bank of India invites applications from Indian Citizens, for the post of Officer in Junior Management (Scale I), Cadre and Office Assistant (Multipurpose) from Indian citizens who have been declared qualified at the Online CWE for RRBs conducted by IBPS during September / October 2013. Last Date for online registration: Details Of Vacancies: Details Of Vacancies Post SC ST OBC General Officer Scale-I 2 1…
Current Affairs – January 2014
1) India and the Netherlands signed Memorandum of Understanding (MOU) in field of Sports. MoU provides exchange of knowledge and experience in the fields of sports management, competition infrastructure set-up, coaching, training systems and training of referees for various sporting disciplines. It also decides top-sport development through youth academies. 2) Arun Kumar Gupta took charge as the Chairman and Managing Director (CMD) of Shipping Corporation of India (SCI) by the Union Government. 3) Government of India and the government of Fiji signed…