United India Insurance AO Exam Final Results (Online and Descriptive Tests) Out

Friends, the United India Insurance Company Ltd (UIIC) has announced the list of candidates who are provisionally qualified in the Online Test (held on 26th May 2013) and Descriptive Test (held on 23rd June 2013) for the post of Administrative Officers (Scale I). These candidates are eligible for the next round (Interview). All the shortlisted candidates for interview can download their call letters from the UIIC website soon. Congratulations to all the selected candidates :)

Check your descriptive results of United India Insurance AO Exam from Here

Thanks to Gauravv Raj for the update

01:20 - By Unknown 0

 An Important Message to the people who are not happy wiht the change in the eligibility norms of IBPS PO III 2013 - Dileep D Bhat

Friends, Hope that all the aspirants would have noticed that recent Recruitment Notification published by IBPS :

“ADVERTISEMENT OF COMMON WRITTEN EXAMINATION [CWE] FOR RECRUITMENT OF PROBATIONARY OFFICERS/ MANAGEMENT TRAINEES IN PARTICIPATING ORGANISATIONS”.

They have made changes in eligibility criteria. 

• The minimum educational qualification now is “ Degree (Graduation) with 60% marks for unreserved category. Earlier it was Degree (Graduation) in any discipline. 
• Also Age has been changed to Minimum: 20 years Maximum: 28 years. Earlier this was Minimum: 20 years Maximum: 30 years. I myself has become a victim of this sort of a unpredictable move by IBPS. 

And these modifications made in eligibility criteria including increase in the percentage of marks and by reducing the age limit are really going to affect lakhs of people's lives who have been preparing for IBPS. Because they are suddenly became not eligible for this exam. So, one of our Friends, Mr. Dileep D Bhat from Kerala intends to file a writ petition in Kerala High Court demanding to restore the eligibility criteria as it was followed in the last few years. 

He already filed an RTI with IBPS to get details of the CWE PO 2 and got a reply of no avail.

So he humbly requests you to come forward and support him so that we can make fight against this unilateral move of IBPS which is adversely affecting a lot of unemployed people or aspirants who are in search of a Public Sector/Government job.

If you are interested or supporting please join your hands with Him. 

You can mail him for more details at dileepdbhat@yahoo.com, dileepdbhat@gmail.com

you can also contact him on his facebook  and  twitter.

01:19 - By Unknown 0

 RBI Assistants Online Exam 2013 Call Letters / Hall Tickets Download

Friends, the Reserve Bank of India (RBI) has made the call letter download link available for its Assistants recruitment exam (for 525 Posts) which is going to be held on 20th, 21st, 27th and 28th July 2013 (check the detailed notification of RBI Assistants recruitment 2013 from here) . You can download your call letters from below link by entering your Registration Number and Date of Birth / Password.  All the Best :)

download RBI Assistants Online Exam 2013 Call Letters from here

download the information handout from here

Download the Scribe Declaration from from here

08:43 - By Unknown 0

 Malwa Gramin Bank Recruitment of Officers and Office Assistants

Malwa Gramin Bank, a Regional Rural Bank based on Sangrur, sponsored by State Bank of Patiala, is inviting online applications from eligible Indian citizens who have appeared and cleared the Common Written Examination for RRBs conducted by IBPS in September 2012 for filling up the posts of Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose). You can apply online form 12th July 2013 to 29th July 2013. Check remaining details below.

Vacancy Details :

S. No	Name of the Post	SC	ST	OBC	General	Total
1	Officer Scale I	-	2	1	9	12
2	Office Assistants (Multipurpose)	7	-	-	8	15

Probation Period :

• Officer Scale I - 2 Years
• Office Assistants - 1 Year

Age :

• For Officer Scale- I Above 18 years - Below 28 years
• For Office Assistant Between 18 years and 28 years

Required IBPS Score to Apply : 

For Office Assistants :

Name of the Test	Qualifying Standard Score
	SC/ ST/ SC-PWD/ ST-PWD/ SCEXS/ ST-EXS	OBC/ GEN/ OBC-PWD/ GEN-PWD/ OBC-EXS/ GEN-EXS
Reasoning	17 & above	19 & above
Numerical Ability	17 & above	19 & above
General Awareness	17 & above	19 & above
English Language or Hindi Language	17 & above	19 & above
Computer Knowledge	17 & above	19 & above
Cutoffs on Total Weighted Standard Score	89 & above	95 & above

For Officer Scale I, Officer Scale II (GBO)

Name of the Test	Qualifying Standard Score
	SC/ ST/ SC-PWD/ ST-PWD	OBC/ GEN/ OBC-PWD/ GEN-PWD
Reasoning	17 & above	19 & above
Quantitative Aptitude	17 & above	19 & above
General Awareness	17 & above	19 & above
English Language or Hindi Language	17 & above	19 & above
Computer Knowledge	17 & above	19 & above
Cutoffs on Total Weighted Standard Score for Officer Scale-I	97 & above	103 & above

Application Fee :

• Officer (Scale I)
• Rs. 20/- for SC/ST/PWD candidates.
• Rs.100/- for all others
• Office Assistant (Multipurpose) 
• Rs. 20/- for SC/ST/PWD/EXSM candidates.
• Rs.100/- for all others

 You can make challans from Malwa Gramin Bank or State Bank of Patiala

Check detailed notification of Malwa Gramin Bank Recruitment from here

Download Challans form here

 Apply Online from here

(the link is not activated yet. It will be activated from tomorrow)

Thanks to Sonu Patidar  for the update 

08:42 - By Unknown 0

 Baroda Manipal school of Banking 1 Year Postgraduate Diploma in Banking & Finance (PGDBF) Course 2013 with Job Assurance

Bank of Baroda, one of the one of India’s largest and best nationalized banks of india is inviting applications from eligible young, bright graduates or students in the final year of their graduation who are interested in a Banking career with Bank of Baroda to apply for admissions to the 1 year full-time post graduate diploma course in Banking and Finance from Manipal University to be conducted at the Baroda Manipal school of Banking, and which comes with the assurance of a full-fledged Banking career with Bank of Baroda on successful completion of the course.

Job Profile :Probationary Officers in Junior Management Grade / Scale-I

Important Dates :

Important Events	Dates
Online Registration Starts from	4th May 2013
Offline Payment of Application Fees	4th May 2013 to 18th May 2013
Offline Payment of Application Fees	7th May 2013 to 22nd May 2013
Last date for Online Registration	18th May 2013
Downloading Call letters for the Examination	After 25th June 2013
Tentative Date of Examination	7th July 2013

 

Student Intake for the year 2013-14

4 batches of students will be inducted in Baroda Manipal School of Banking through this current selection exercise for 2013-14, one batch every 3 months, comprising of around 300 students per batch. The total number of Student intake and reserved Student intake for 1 batch are given in below table

Number of Student intake					Age (As on 01.09.2013)
SC	ST	OBC	Others	Total
45	23	81	151	300	Minimum- 21 years Maximum- 26 years

Eligibility Criteria and Other Details (As on 01.09.2013) :

• Qualification  : 
  
• Degree in any discipline from a recognized University / Any equivalent qualification recognized by Central Government.
• Students appearing in final year degree exams can also apply subject to their submitting their Final Degree Mark sheet & Provisional Certificate on or before 01.09.2013
• Age :  
• 21 Years Minimum 
• 26 Years Maximum
• You should born not earlier than 02.09.1987 and not later than 01.09.1992 (both dates inclusive)

Procedure to Apply :

You can apply online from 4th May 2013  to 18th May 2013 through the below link.

Application Fee :

• Rs. 50/- for SC/ST/PWD candidates.
• Rs. 550/- for all others

Selection Process :

There will be an objective and descriptive exam followed by Group Discussion and Processional Interview. 

Check Complete Details of Baroda Manipal PGDBF Course Here

01:29 - By Unknown 0

 Insurance Companies of India - A Quick View

Friends, this post is for those people who are going to write the National Insurance Company's (NICL) Assistants Exam. In this post we shall discuss about the Insurance Companies of India. If you want to establish an Insurance Company in India, first of all you should take the permission from IRDA (Insurance Regulatory and Development Authority). It is an autonomous organization which regulates and develops the Insurance Industry in India.

Important Points to remember about  Insurance Regulatory and Development Authority (IRDA) : 

• Chairman - T. S. Vijayan
• Head Quarters - Hyderabad
• Its a 10 member body 
• A Chairman,
• 5 Whole-time members and
• 4 Part-time members.

 There are mainly 6 types of Insurance Companies in India. Those are

1. Life insurance companies
2. General Insurance companies
3. Agriculture Insurance Companies
4. Health insurance companies
5. Export credit guarantee insurance companies
6. Re-insurance companies

1. Life Insurance Companies : 

Life insurance transfers the financial risks associated with a person's death to an insurance company. The person pays the insurance company a premium payment, and the insurer gives the person a death benefit promise in return. When the person dies, the insurer promises to pay a sum of money outlined in the life insurance policy contract.

• Public Sector 
• Life Insurance Corporation of India (Fully owned by Govt of India)
• Head Quarters -  Mumbai
• Zonal Managing Directors
• S K Roy(West), 
• Rahul Grewal(North),
• N R Guha(East), 
• Debashish Sen(South),
• Private Sector
• AEGON Religare Life Insurance
• Aviva Life
• Bajaj Allianz Life Insurance
• Bharti AXA Life Insurance Co Ltd
• Birla Sun Life Insurance
• Canara HSBC Oriental Bank of Commerce Life Insurance
• DLF Pramerica Life Insurance
• Edelweiss Tokio Life Insurance Co. Ltd
• Future Generali Life Insurance Co Ltd
• HDFC Standard Life Insurance Company Limited
• ICICI Prudential
• IDBI Federal Life Insurance
• IndiaFirst Life Insurance Company
• ING Vysya Life Insurance
• Kotak Life Insurance
• Max Life Insurance
• PNB MetLife India Life Insurance
• Reliance Life Insurance Company Limited
• Sahara Life Insurance
• SBI Life Insurance Company Limited
• Shriram Life Insurance
• Star Union Dai-ichi Life Insurance
• TATA AIG Life Insurance

2. General Insurance Companies (important for us) :

General Insurance is basically covers the things that has a financial value in life and has a probably of getting lost, damaged or stolen. General Insurance provides protection against unforeseen events like accidents, illness, fire etc. Unlike life insurance, General insurance is not meant to offer returns but protection against contingencies. In Life insurance, policy provides cover for a set period of time. If the worst were to happen during that time, then the insurance company will be required to pay out the agreed sum to the beneficiary.

• Public Sector General Insurance Companies (wholly owned by Govt of India)
• National Insurance Co Ltd
• Chairman - NSR Chandraprasad
• New India Assurance Co Ltd
• CMD - G. Srinivasan
• Oriental Insurance Co Ltd
•  CMD -  A. K. Saxena
• United India Insurance Co Ltd
• CMD -  Milind Anna Kharat

•  Private Sector Companies :

• Bajaj Allianz General Insurance
• Bharti AXA General Insurance
• Continental Insurance Services
• Future Generali India Insurance
• Cholamandalam MS General Insurance Company Limited
• ING Vysya Life Insurance
• HDFC ERGO General Insurance
• ICICI Lombard
• IFFCO Tokio
• Liberty Videocon General Insurance Co Ltd
• L & T General Insurance
• Magma HDI General Insurance Co Ltd
• Max Life Insurance Co ltd
• Raheja QBE General Insurance
• Reliance General Insurance
• Royal Sundaram
• SBI General Insurance
• Shriram General Insurance
• Tata AIG General
• Universal Sompo General Insurance

3. Agriculture Insurance Companies :

Ofcourse, these too comes under General Insurance Companies. But as India is an agricultural country we have separate Insurance Company for Agrucluture. That is Agriculture Insurance Company of India Ltd.  It the biggest crop insurer in the world. It offers yield-based and weather-based agricultural insurance in India for almost 500 districts and covering almost 20 million farmers.

• Chairman cum Managing Director - Joseph Plappallil J.
• Head Quarters - Delhi

4. Health Insurance Companies :

There is no Health Insurance company owned by Indian Government. Of course LIC and Some other General Insurance companies are providing some features of Health Insurance. But they are not considered as full time Health Insurance companies. Some Health Insurance companies owned by private sector are

• Apollo DKV Insurance Company Ltd.
• Aviva Life Insurance
• Bajaj Allianz General Insurance Co. Ltd.
• Birla Sun Life Insurance
• E-Meditek Solutions Limited
• Family Health Plan Limited
• Health India-Bhaichand Amoluk Insurance Services Pvt. Ltd.
• HSBC Health Insurance
• ICICI Lombard General Insurance Co. Ltd.
• Max New York Life Insurance
• Med Assist India Ltd.
• MetLife India Assurance Company
• Paramound Health Group
• Reliance Health
• Royal Sundaram Alliance Insurance Company Limited
• Star Health and Allied Insurance Company Limited
• Tata AIG
• United Healthcare 

5. Export credit guarantee insurance companies

These companies provides export credit insurance support to Indian exporters. The Export Credit Guarantee Insurance company owned by Indian government is ECGC (Export Credit Guarantee Corporation of India). 

• CMD - N Shankar
• Headquarters - Mumbai

6. Re-insurance companies 

Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit the total loss the original insurer would experience in case of disaster. By spreading risk, an individual insurance company can take on clients whose coverage would be too great of a burden for the single insurance company to handle alone. When reinsurance occurs, the premium paid by the insured is typically shared by all of the insurance companies involved.

The Re-Insurance company owned by India is General Insurance Corporation of India

• CMD - A. K. Roy
• Head Quarters - Mumbai

Thats all for now friend. Hope it helps in your preparation. All the Best :)

06:54 - By Unknown 0

 Postal Assistant / Sorting Assistants Exam Previous Papers Free Download

Friends, here is the Previous Paper of Postal Assistant / Sorting Assistant Exam held on 14th November 2010. Just download this pdf file to your systems and try to solve this on your own. Later check with the key provided at the end of the paper. Hope it helps you in getting good idea of the upcoming Postal / Sorting Assistants Exam. All The Best and Happy Reading :)

Download previous Paper of Postal / Sorting Assistants Exam Previous Paper from Here

Pdf free downloads of Postal / Sorting Assistants Exam Sample Model Previous Papers and Study Materials

06:18 - By Unknown 0