Janmabhoomi

In a unique experiment, the Government has taken governance and human dignity to a level of a philosophy. People's concern and interest in contributing to the social infrastructure is back in order. The manner in which the Babu Government has gone about the task of bringing a change in the scenario is in itself an encouraging experiment in human action. He always believed that no development or welfare programme is meaningful without the participation of people and the local bodies. The State will function as a facilitator and provide the infrastructure and support. The seeds of the movement were doubtlessly sown with the concept of Prajala Vaddaku Palana (PVP), `Administration at the people's door step' was surely an institutional shift.

PMJDY 2014

The Union Finance Minister Shri Arun Jaitley, Minister of State for Finance, Ms. Nirmala Sitharaman, Principal Secretary to the Prime Minister, Cabinet Secretary and Governor, Reserve Bank of India (RBI) will be present on this occasion among other dignitaries.

Under PMJDY, Comprehensive Financial Inclusion based is proposed be achieved under the six pillars as under:

Phase I (15^th August ,2014-14^th August,2015)-

v     Universal access to banking facilities

v     Providing Basic Banking Accounts with overdraft facility of Rs.5000 after six months and RuPay Debit card with inbuilt accident insurance cover of Rs. 1 lakh and RuPay Kisan Card

v      Financial Literacy Programme

Phase II (15^th August 2015-15^th August,2018)-

v     Creation of Credit  Guarantee Fund   for coverage of defaults in overdraft  A/Cs

v     Micro Insurance

v     Unorganized sector Pension schemes like  Swavlamban

In addition, in this phase, coverage of households in hilly, tribal and difficult areas would be carried out. Moreover, this phase would focus on coverage of remaining adults in the households and students.

·        All the rural & semi urban areas of the country is proposed to be mapped into Sub Service Area (SSA) comprising 1000-1500 households with an average 3-4 villages with relaxation in NE/ Hilly states.

·        It is also proposed that looking to the viability of each centre around 74000 villages with population more than 2000 which were covered by Business Correspondents under Swabhiman Campaign will be considered for conversion into full fledged Brick & Mortar branches with staff strength of 1+1/1+2 in the next three years.

·        All the 6 lakh villages across the entire country are to be mapped according to the Service Area of each Bank to have at least one fixed point Banking outlet catering to 1000 to 1500 households, called as Sub Service Area (SSA). It is proposed that SSAs shall be covered through a combination of banking outlets i.e branch banking and branch less banking. Branch banking means traditional Brick & Mortar branches. Branchless banking comprises of fixed point Business Correspondents agents, who act as representative of Bank to provide basic banking services.

·        The implementation strategy of the plan is to utilize the existing banking infrastructure as well as expand the same to cover all households. While the existing banking network would be fully geared up to open bank accounts of the uncovered households in both rural and urban areas, the banking sector would also be expanding itself to set up an additional 50,000 Business correspondents (BCs), more than 7000 branches and more than 20000 new ATMs in the first phase .

·        The comprehensive plan is necessary considering the learnings from the past where a large number of accounts opened remained dormant, resulting in costs incurred for banks and no benefits to the beneficiaries.

v     The plan, therefore, proposes to channel all Government benefits (from Centre/State/Local body) to the beneficiaries to such accounts and pushing the Direct Benefits Transfer (DBT) scheme of the Union Government including restarting the DBT in LPG scheme. MGNREGS sponsored by Ministry of Rural Development (MoRD, GoI) is also likely to be included in Direct Benefit Transfer scheme.

·        Keeping the stiff targets in mind, in the first phase, the plan would focus on first three pillars in the first year starting from 15^th August, 2014.

·        The target for setting up additional 50,000 BCs is quite challenging given the constraints of telecom connectivity.

·         In order to achieve this plan, phase wise and State wise targets for Banks have been set up for Banks for the period 15^th August, 2014 to 14^th August, 2015. 

·        In order to achieve a “demand” side pull effect, it would be essential that there is Branding  and awareness of Business Correspondent model for providing basic banking services, Banking Products available at BC outlets and RuPay Cards. A media plan for the same is being worked out in consultation with banks.

·        A Project Management Consultant/Group would be engaged to help the Department implement the plan.

·        It is proposed to launch the programme simultaneously at National level in Delhi, at every State capital and all district headquarters.

·        A web-portal would be created for reporting/monitoring of progress.

·        Roles of various stakeholders like other Departments of the Central Government, State Governments, RBI, NABARD, NPCI and others have been indicated.

·        Gram Dak Sewaks in rural areas are proposed as Business Correspondent of Banks.

·        Department of Telecom has been requested to ensure that problems of poor and no connectivity are resolved. They have informed that of the 5.93 lakh inhabited villages in the country (2011 census) only about 50,000 villages are not covered with Telecom connectivity.

Apple iPhone 6 Price

Apple has announced two new smartphones today – the iPhone 6 and iPhone 6 Plus. The two handsets are very similar, except the iPhone 6 has a 4.7in display, while the iPhone 6 Plus has a 5.5in display. Here we'll mainly be talking about the iPhone 6, though much of this applies to both, but for more on the larger iPhone check out our iPhone 6 Plus coverage. Apple also launch the Apple Watch last night, which requires a recent Apple handset to function.

KitKat-Powered XOLO Q600s Launched for Rs.7499 at Snapdeal

XOLO has launched its budget smartphone offering the XOLO Q600s, a device which will compete with the Moto E and the Lava Iris X1, priced at Rs. 8499. The device went on sale online, earlier this week and is the first XOLO budget handset to be powered by Android KitKat 4.4 out of the box.

The device comes with 4.5 inch qHD (960 x 540 pixel) One Glass Solution (OGS) display and is powered by a 1.2 GHz quad-core Broadcom processor with 1GB of RAM. The handset comes with 4GB of internal memory which is expandable up to 64 GB, thanks to a microSD card slot.

The XOLO Q600s offers a 5MP camera with an LED flash on the back and 0.3MP front-facing camera on the front for video calls. The handset supports dual SIM and is powered by a 2000mAh battery which offers up to 400 hours of standby time and 11 hours of talk time.

This handset is indeed a big deal in the budget segment, as there are few manufacturers out there who offer Android KitKat version 4.4.2 on lower specs devices. The Samsung GALAXY Ace Style was the first budget device to be announced with KitKat, but the device is yet to go on sale. The Moto E was the latest offering in the budget handset range, which seems to have clearly swept the market thanks to its build quality and bloatware-free software.

The XOLO Q600s only available in black and white at a price of Rs 8500 online. The handset will be available in brick and mortar stores across India shortly.

PAN Card Lost? Get a Duplicate New PAN Card

Know your PAN Card Number

To get your lost PAN Card back, you first have to know your old PAN number. Do you remember that?

If you are not able to recall your PAN number presently you can always retrieve it by visiting the link here. Fill in the necessary entries asking for your date of birth, name, and a few other cursory details.

If the said link does not work call the Customer Care number:020-27218080/81.

If doing that does not prove to be much of help, give a peek at your income tax returns, DEMAT account, for that matter any financial transaction paper.

Syllabus of SBI Clerks 2014

Quantitative Aptitude : 

• Simplifications (Very Very important for clerical level exam. You will get 15 to 20 questions from this area). This section consists the following topics
• Basic Mathematical Operations / BODMAS Rule
• Squares
• Cubes
• Square Roots
• Cube Roots
• Percentages
• Decimals
• Average