Friday, January 06, 2017

Last Minute Tips for India Post Payment Bank Preliminary Exam 2016-17

India Post Payment Bank Preliminary Exam will start from tomorrow. IPPB Prelims will be conducted on 7th and 8th January 2017 in different slots. India Post Payment Bank Exam will be conducted for the first time this year for the post of Assistant Manager (Territory) (JMGS-I) with 650 vacancies. Here are a few last minute tips for Preliminary Exam of India Post Payment Bank that will be helpful in scoring good marks in this exam.

Pattern of the Exam -  

S. No.

Name of test

No. of Questions

Maximum Marks


1. English Language 30 30 Composite Time of 1 hour
2. Reasoning Ability 35 35
3. Quantitative Aptitude 35 35
100 100

You can expect the level of the exam at par with that of IBPS PO Prelims. Before you appear for the exam, make a clear mental note of a few things.
  • Manage your time efficiently. This is imperative because there is no sectional division of time. You need to make sure that you devote sufficient time to each and every section in order to clear the sectional as well as overall cutoff. 
  • Make sure that you maintain proper speed since the very beginning of exam. Given the rising level of exams. Attempt sufficient questions to clear cutoff. 
  • Accuracy will play a vital role. Attempting questions accurately is essential because you do not want to put at stake your correct questions. 
  • There have been many surprises introduced by IBPS this year. So do not freak out if you come across any new topic. Read the question calmly. If nothing strikes you within a minute, move on to the next question. 

Sectional Time Division -

Name of Subject

Time to be allotted

English Language
10 - 15 minutes
Reasoning Ability
20 - 25 minutes
Quantitative Aptitude
20 - 25 minutes

Try to divide your time among all the three sections properly. You can follow time frame mentioned below. This is for reference, you may vary time for different sections based on your strong and weak areas.

Section Wise Tips

English Language 

This section would comprise of 30 questions with a total of 30 marks. 
Go for following topics first since they can fetch you good marks and will consume less time - 
(a) Spotting Errors
(b) Cloze Test
(c) Sentence Improvement
(d) Fillers 
If vocabulary based questions (synonym/ antonyms) are asked in reading comprehension, attempt them before going for other RC questions as well as Parajumbles. 

Reasoning Ability 

  • This section will consist of 35 questions with a total of 35 questions. 
  • This section is quite scoring since questions here are usually in sets and once you get the arrangement right, you can easily score in those topics. 
  • Go for the following topics first since they mar more scoring -
  • Syllogism
  • InequalityCoding - DecodingAlphanumeric Series
  • Blood Relations
  • Direction sense based questions 
  • If arrangement questions with single parameter are asked, you can go for them first since they will consume less time. 

Quantitative Aptitude 

  • 35 questions will be asked in this section with a total of 35 marks. 
  • This section like reasoning ability is highly scoring if prepared well. 
  • Following topics will fetch you more marks in this section -
  • Number Series (Can be a game changer if you are good at it)
  • Simplification / Approximation
  • Data Interpretation 
Try to attempt the miscellaneous section once you are done with these topics. 
Do’s and Don’t for the Exam – 
Do attempt the questions in the time you have assigned for each section and try not to spend more time than that. 
Do not spend too much time on any one question. 
Do not panic once the exam starts. Stay calm and start with the section you are most confident about. 
Do read the questions properly first. 
Do not use guess work. 
Do get enough sleep the night before exam. 
Do reach the exam centre on time to avoid any last minute hustle. 
Do not forget to take along the photograph (same as that on the admit card) and xerox as well as the original ID proof with you. 

All the best for your exam..

Team PoTools..!!

Clarification regarding Specified Bank Notes (SBNs)

Date : Jan 05, 2017Clarification regarding Specified Bank Notes (SBNs)

There had been various estimates on SBNs tendered in certain sections.

We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country. Now that the Scheme has come to an end on December 30, 2016, these figures would need to be reconciled with the physical cash balances to eliminate accounting errors/ possible double counts etc. RBI has already initiated this process and till this is completed any estimate may not indicate the actual numbers of the SBNs that have been returned. RBI is taking all steps to complete the process expeditiously so as to release firm figures of SBNs received at an early date.

Jose J. Kattoor
Chief General Manager

Press Release: 2016-2017/1783

29th SCOVA Meeting – 12th January, 2017

F.No. 42/16/2016-P&PW(G)
Government of India
Ministry of Personnel, P.G and Pensions
Department of Pension & Pensioners Welfare

3rd Floor, Lok Nayak Bhawan
Khan Market, New Delhi-110003
Date:- 06th Jan, 2017
All the Pensioners Associations included in the SCOVA
vide Resolution dated 25.08.2015

Subject:- 29th SCOVA meeting under the chairmanship of Hon’ble MOS(PP) – Intimation regarding Date, Time and Venue of the Meeting.

The undersigned is directed to refer to this Department’s OM of even no. dated 26th Dec,2016. The date, time and venue of the 29th SCOVA meeting is as under:-
Date :- 12th January, 2017 (Thursday)
Time :- 11:00 am
Venue :- Committee Room-A
Vigyan Bhawan Annexe
Maulana Azad Road, New Delhi
2. It is requested that the name and telephone no. of the member nominated for the meeting may kindly be sent to the undersigned. It is further requested to bring copy of PPO and also duly Idled Mandate Form (copy enclosed) so that TA/DA reimbursement would be made through e-payment mode afterwards.

3. This Department looks forward to your participation in the meeting.

(Sujasha Choudhur)


29th SCOVA meeting under the chairmanship of Honorable MOS(PP) - Intimation regarding Date, Time and Venue of the Meeting.

How employees can make full use of their Leave Travel Allowance?

In many organisations, the year-end holidays are a norm. In others, the employees apply for long leave in advance, well ahead of their travel schedule. And if the travel costs are reimbursed by the employer, nothing like it. 

Employees who are eligible for Leave Travel Allowance (LTA), as part of their Cost-to-Company (CTC), can claim reimbursement of expenses incurred on travel. This reimbursement is not included in taxable income subject to certain limits and conditions. LTA tax break can be claimed for travel of self and family members for journeys undertaken only within India. 

Family includes spouse and children, whether dependent or not, and parents, brothers, sisters who are fully or mainly dependent on him. LTA tax break is not available for more than 2 children if born after 01.10.1998. This restriction does not apply to children born before 01.10.1998. 
The non-taxable reimbursement of travel costs is limited to the actual expenses incurred on air, rail and bus fares only. No other expenses, like local conveyance, sightseeing, etc., qualify for the tax break, which is not available every year. It is available for 2 journeys in a block of 4 years. The block applicable for the current period is calendar year 2014-17. The previous block was calendar year 2010-2013. 

Air travel 

The LTA amount for which tax break can be claimed in case of air travel is the lower of the economy class fare of the national carrier by the shortest route or the actual amount spent, whichever is less. 

Train journey 

The LTA amount eligible for tax break here is the lower of the air-conditioned first class fare by the shortest route or the actual amount spent. The same rule applies to the journey undertaken by any other mode, such as a private taxi, and the place of origin and destination are connected by rail. 

Other travel modes 

Sometimes, the place of origin and destination are not connected by rail or even by air, and the journey has to be undertaken by some other mode of transport. In such a case, the LTA tax break will be available if: 
(a) Recognised public transport exists. 
The exemption will be lower of first class or deluxe class fare by the shortest route or the actual amount spent. 
(b) No recognised public transport exists. 
The exemption will be lower of the air-conditioned first class rail fare by the shortest route (if the journey has been undertaken by rail) or the actual amount spent. 

Multi-destination journey 

Travelling isn't necessarily from one place to another. One may travel to different locations on a single trip. Where the journey is performed in a circular form touching different places, the LTA tax break is limited to what is admissible for the journey from the place of origin to the farthest point reached by the shortest route. 

Carry over 

If an employee has not availed of LTA for one or two permitted journeys in a particular block of 4 years then he is entitled to carry one journey over to the next block. In such a situation, the exemption will be available for 3 journeys in the next block. 

However, to make use of this benefit, the exemption with respect to the journey has to be utilised in the first calendar year of the next block. In other words, in case of a carry over, the exemption is available with respect to 3 journeys in a block, provided the exemption with respect to at least 1 journey is claimed in the first year of the next block. 

Availing LTA tax break 

To avail of the tax break, the employee has to furnish documentary evidence of the travel to the employer. In case you don't travel at all or you don't submit the travel bills, the LTA amount gets paid as part of the employee's salary after tax deduction as per the applicable income slab.The LTA tax break is in the nature of a reimbursement which is not taxed, therefore, it is with respect to the actual expenditure on fare. Hence, if no journey is performed, no tax break is available. 


Even though the rules set by Income-tax Department are crystal clear, the accounts department of several organisations may follow their own set of guidelines. Therefore, before availing of any such exemption, it's better to get clarity, well in advance. 
Source : The Economic Times

Posting of Probationers of Indian Postal Service, Group 'A' of 2013 & 2014 Batches

Posting of Probationers of Indian Postal Service, Group 'A' of 2013 & 2014 Batches

To view please Click Here.

Inter SOL Transaction Limit Fixed in DOP Finacle

Inter SOL Transaction Limit Fixed in DOP Finacle 

Dear All,

Inter SOL limit of RS.25,000/- is set in Finacle in transaction menus as part of preventive measures to prevent frauds
  • SB order was already issued by Directorate on this.
  • So, it validates the amount for inter SOL transactions
  • It should NOT check for cheque clearing 
  • If any SOL complaints about issue in cheque clearing due to inter SOL limit, please raise a ticket with service desk besides sharing screenshot

Request to grant revised pay scales recommended by VII CPC to GDS paid substitutes

Request to grant revised pay scales recommended by VII CPC to GDS paid substitutes—reg. 

Exploring the world of Philately - Tanapex 2017

Exploring the world of philately



In the age of e-mails, stamps may not be crucial for communication any more. But, they still hold a charm for stamp collectors. 

To introduce children to philately, which was considered king of hobbies, the Tamil Nadu Postal Circle is organising a four-day exhibition ‘Tanapex’ in Chennai after nearly two decades. 

Inaugurated at Amma Arangam in Shenoy Nagar on Thursday, the State-level exhibition has over 450 philately frames covering various themes such as flowers, freedom fighters and art and music. Each frame has a collection of stamps released during various years, but share the same theme. 

The exhibition, which also has several participants from South India Philatelists Association, also features several letters written by eminent personalities. A special cover on traditional silk sarees, picture postcards and pictorial cancellation of Muttom light house, Manappad light house and Arthanareeswarar temple were released during the inauguration. 

It’s not all about display of stamps alone. Children visiting the exhibition have a host of activities to be part of it — quiz contest, philately walk or philately hunt and design a stamp — all lined up till January 8. Cultural shows, magic show and drama by veteran theatre personality and comedian Crazy Mohan will also be organised. 

“We also encourage children to open philately account at a minimum cost of Rs.200. The exhibition also has 15 dealer booths to help visitors purchase stamps and rare items. A help desk has also been set up for new entrants who want to display their collection,” an official said. 

T. Murthy, member (Operations), Postal Services Board, Harmander Singh, principal secretary, Handlooms, Handicrafts, Textiles and Khadi department and Charles Lobo, Chief Postmaster General, TN Postal Circle were present. The exhibition will be open from 10 a.m. to 7 p.m. till January 8.

Source :

A Public Service by Tamil Nadu Postal Service during Demonetisation

Display this notice know to Public about misbehavior in the Office Premises will leads to 3 years imprisonment

In case any person is found Misbehaving or Assaulting the employees in the office premises, such persons could be Punishable for 3 years Imprisonment or fine even both under IPC section 332, 352 & 353 . It is a non-bail able crime. 

If anyone wish to make complaint on services should give in writing with valid ID proof Xerox copy for redress to Postmaster, --------------------- (or) noting the same in complaint and suggestions book available at this office with valid copy of ID proof.

India Post Parcel Services - Fast, Secure and Economical

Central Staff are not yet given the full Benefit of 7th CPC Recommendation

The CG Staff are not yet given the full Benefit of 7th CPC Recommendation
The actual increase on account of implementation of 7th CPC recommendation is still not fully available to Central govt Staffs.

The recommendation of 7th Pay Commission has been implemented with effect from 1.1.2016 and the revised salary is being paid from this effective date. The Central Government, after implementing the Pay Panel report, hasn’t announce any decision about Allowances even after 12 months, created frustration among central government employees.

The Pay Commission is constituted once in Ten Years to revise the Pay and Allowances and Pension for Govt Servants and Pensioners. Accordingly, the 7th Pay Commission was formed and it submitted its report to the Government on 19-11-2015. The Government Accepted the Report without any major changes and announced on 29.6.2016 that it would be implemented with effect from 1.1.2016.

Since the increase in salary which is paid from 1.1.2016 was very less, it has demolished the expectations of CG Staffs.

Very important aspect in revising Pay and Allowance is House Rent Allowance. The rates of HRA is determined based on the Population of the Cities in which the Govt Servants are working. Accordingly, 10,20 and 30% of Basic Pay is paid as HRA in Sixth CPC. The 7th CPC has recommended to revise it as 8%, 16% and 24%.

The Unions and Federations demanded to increase the HRA rates or at least to restore the Sixth CPC rates. Hence the Government has announced that a committee would be constituted to examine the Allowances, until then all the Allowances would be paid in Sixth CPC rates. As a result of this, HRA is being paid in old rates (Sixth CPC ) along with revised 7th CPC Basic Pay to CG Staffs. Now the CG Staffs have realized that very purpose of forming a high-level committee is not for resolving the issues but it is a delaying tactics.

Consequent to Pay Revision, the major increase in Salary is used to come from HRA only. Though one year is completed after the implementation of 7th CPC recommendation, the Government is delaying to take the decision over allowances. Due to this, the CG staffs are losing monitory benefits considerably

For example ..
The increase in Pay and HRA of a Government servant who is drawing Rs.10000 in pre revised scale is given below …
6th CPC
Basic Pay DA (125%) BP + DA 10% HRA 20% HRA 30% HRA
10000 12500 22500 1000 2000 3000
 7th CPC  
Basic Pay DA (0%) BP + DA 10% HRA 20% HRA 30% HRA
25700 0 25700 2570 5140 7710
3200 1570 3140 4710
If the Monthly salary of Government servant with 10Years of service is Rs.22500, now the Actual increase of his salary is only Rs. 3200. Through this example it is quite obvious that, one can get the real increase in salary only after the HRA is paid in 7th CPC revised rates.


Dated : 05th January,2017
(1) All National Secretariat Members
(2) Chief Executives of all Affiliated Organisations
(3)General Secretaries of all C-O-Cs

Dear Comrades,

As Assembly elections to five States are scheduled to be held from February 4th to March 11th (including declaration of results) and as February 15th is also poll date in two states , the National Secretariat of Confederation of Central Government Employees & Workers has decided to postpone the proposed ONE DAY STRIKE on February 15th to MARCH 16th 2017 THURSDAY.

As 13th March is holiday for Holi in North India and the celebrations are to continue on 14th also, the strike date is fixed as 16th March. There is no change in the 10th January Mass Dharna Programme.

All those Organisations who had served the strike notice as February 15th shall give a letter to their Head of the Departments intimating the postponement of the strike to 2017 March 16th , showing reasons as mentioned above , WITHOUT FAIL.

Those organisations who have not yet served the Strike Notice should serve the notice before 15th January 2017 WITHOUT FAIL.

Regarding already announced campaign programme of National Secretariat members , if necessary , dates may be rescheduled by the National Secretariat members in consultation with the concerned C-O-Cs.

General Secretaries of C-O-Cs are also requested to contact IMMEDIATELY, the concerned National Secretariat members and finalise the date of campaign programme. Intensive campaign should be conducted by all C-O-Cs and Affiliated Organisations in all States, especially in those states where elections are declared, so that employees and general public will become aware of the totally negative attitude of the Central Government towards the legitimate demands of the Central Government Employees and Pensioners.

The betrayal of the Group of Cabinet Ministers of NDA Govt by not fulfilling their assurance given to NJCA leaders on 30th June 2016, should be exposed.

Secretary General ,
Confederation of Central Government Employees & Workers.
Mob & Whats App: 09447068125.
Email :


C.O. Orders for Payment of one day Paid Weekly Off to Casual Worker in Telangana Circle


Retired employees win pension war in SC, but hit government wall

Retired employees win pension war in SC, but hit government wall
Swati Deshpande | TNN | Jan 5, 2017

MUMBAI: Three decades after their battle began, and despite a victory in the Supreme Court in September, several thousand retired central government employees are yet to get their pension restored.

Unwilling to let the octogenarians celebrate, the Centre filed a review petition in the top court last month and decided to implement the restoration subject to its outcome. The Union ministry of personnel, public grievances and pensions issued an office memorandum on December 21to give former central government employees who had litigated for years, including K Ganesan, a spearheading litigant who died during the process, this bittersweet news.
The issue centres around a pension rule that permitted central government employees to shift en masse from the 1960s to the 1980s to public sector undertakings (PSUs) that needed experienced workers at the time. To aid and promote the move, the Centre allowed the employees to avail of 100% lump sum pension in advance for 15 years. The rules had till then permitted a partial onethird commutation. Acomplicated formula is at work for pension calculations.Essentially, such employees who had claimed a lump sum upfront in a particular year, went on to fight for restoration of pension (effectively arrears) as per service years, after accounting for the lump sum payment made earlier. The issue was a fight against effective downgrade of pension slabs.

Several legal battles ensued, beginning in 1983. In 1987, the SC first allowed one-third restoration for Central govern ment employees after a 15-year period, and a decade later extended the benefit to those who had shifted to PSUs.

K Ganesan, who was with the finance ministry and in 1986 moved to BHEL, a PSU, after availing of lump sum pension in advance, launched a fight in the Madras high court.In 2007, the court upheld the plea. It significantly held that the Centre cannot wipe away the rights of an employee for restoration. It said an employee remains a pensioner under the Pensions Act, 1871. Navi Mumbai resident Satish Kate, part of another association and who worked with the Indian Bureau of Mines and retired in 2006 from Indian Oil Corporation, is among those awaiting restoration."Many of the 7,000-odd pensioners are aged over 80. They may not live to enjoy pension in their lifetime if the legal battle continues," he said. "The SC order applies to all of us who were absorbed by PSUs.The PM heads the ministry of personnel, public grievances and pension." 

Source :