Another Subsequent Allotment Notification to IBPS Clerks II 2nd Round

Friends, IBPS has completed, one more provisional allotment exercise under CWE Clerks-II based on merit-cum-preference list of IBPS Clerks II Common Written Exam Qualified candidates. This allotment is done according to the State/UT wise, category wise subsequent vacancies as on 5th November 2013 for clerical cadre (2013-14) furnished by the Participating Organizations. The organization has been informing all the selected candidates via emails and messages. Check remaining details below. All the Best.

Check the detailed notice of allotment process from here 

Check the detailed list of vacancies from here 

Check the state wise / category wise minimum score details from here

Thanks to Mahesh Chevuri for the update

04:17 - By Unknown 0

SBI Clerks Recruitment 2013 for Pharmacists, Control Room Operators and Armourers

The State Bank of India (SBI) is inviting online applications from eligible Indian citizens for filling up its clerical cadre posts of Pharmacists, Control Room Operators and Armourers. You can apply online from 8th November 2013 to 22nd November 2013. Experience required to apply for these posts. Check remaining details below.

Name of the Post : Clerks (Pharmacists, Control Room Operators and Armourers)

Total Number of Vacancies :

• Pharmacists               :          28 Posts
• Control Room Operators   :  36 Posts
• Armourers            :           12 Posts

Application Fee :

• for SC / ST / PWD / EXS - Rs. 50/-
• for General                        - Rs. 200/-

Important Dates :

• Online registration of Application From : 8th November 2013
• Last date for online Registration of application : 22nd November 2013
• Payment of fees - online : 8th November to 22nd November 2013
• Payment of fees - offline :  11th November to 26th November 2013

Check detailed Notification of SBI Clerks Recruitment 2013 from here 

04:16 - By Unknown 0

NICL Assistants Final Results (Written and Interview) Out

Good News friends, the National Insurance Company Ltd (NICL) has announced the Final results (written and interview) of its Assistants Recruitment. Earlier the organization has conducted recruitment exam for Assistants on 14th and 21st July 2013 later it had conducted Interviews for the shortlisted candidates during September 2013. Now it has came out with the state wise shortlisted  candidates for per-employment medical examination. You can check the state wise / company wise roll numbers and names of the selected candidates from the below link.

Intimation through email and SMS about their selection for their pre-employment medical examination will be sent to the individual candidates. Candidates are advised to check the website of the company in which he/she has been selected to know where and when they have to report for Pre-employment Medical Examination. The schedule for pre-employment medical examination will be displayed in the website in due course. All the Best :)

Check your NICL Assistants Results from here

Thanks to Manimaran Chandra Krishnan and Srividya Shetty for the update

01:01 - By Unknown 0

SBI Clerks Recruitment 2013 for Pharmacists, Control Room Operators and Armourers

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The State Bank of India (SBI) is inviting online applications from eligible Indian citizens for filling up its clerical cadre posts of Pharmacists, Control Room Operators and Armourers. You can apply online from 8th November 2013 to 22nd November 2013. Experience required to apply for these posts. Check remaining details below.

Name of the Post : Clerks (Pharmacists, Control Room Operators and Armourers)

Total Number of Vacancies :

• Pharmacists               :          28 Posts
• Control Room Operators   :  36 Posts
• Armourers            :           12 Posts

Application Fee :

• for SC / ST / PWD / EXS - Rs. 50/-
• for General                        - Rs. 200/-

Important Dates :

• Online registration of Application From : 8th November 2013
• Last date for online Registration of application : 22nd November 2013
• Payment of fees - online : 8th November to 22nd November 2013
• Payment of fees - offline :  11th November to 26th November 2013

Check detailed Notification of SBI Clerks Recruitment 2013 from here 

01:01 - By Unknown 0

Tips to Solve Statement-Assumption Problems of Reasoning Section - Lesson 2

Friends, this is the Lesson 2 of Statement Assumption problems of Reasoning. So before reading this, please read the lesson 1 here. In lesson 1 we have discussed 4 important techniques to solve statement-assumptions problems. Here goes the 5th technique

5.  Course of Action : Sometimes you are given a fact / report / data / observation. Following this is a suggested course of action. As you know, a suggestion is nothing but an advice. Further, when a person gives an advice, he (at least) thinks that 

• there exists a situation that an advice is necessary and that,
• this advice will bring in some improvement. 'thus, for example, if I mention an observation that "my brother is weak in English" and then observe that "He need to concentrate more on English"; I must be assuming that
• My brother being weak in English is not a good thing (that's the reason why I'm not feeling good and giving him an advice) and
•  More concentration will improve the situation. Lets have a look at another example.
• Example : 
• statement : In our public sector units, the working atmosphere can only be described as indisciplined and uncoordinated. Therefore, some harsh disciplinary actions need to be
  
  taken.
• valid assumptions :
1. The working atmosphere of our public sector units is not ideal / needs improvement.
2. Indiscipline and lack of coordination are undesirable in any industry.
3. Taking harsh disciplinary action would improve the working atmosphere of our public sectors.
4. The benefits outweigh the disadvantages (if any) of taking harsh disciplinary actions.
• Similarly, you may contemplate and evaluate the assumptions if any positive aspect of X is mentioned and a course of action Y is suggested. The logic will be exactly on the same lines.

6. Advertisements / Notices / Appeals : In the examinations of today, the statements are usually in the form of an advertisement or an official notice or a notice issued in public interest or an appeal.

I assume that you can appreciate that advertisements are usually given by firms / companies, official notices within an office, appeals by governments or voluntary organizations and public interest notices by government or government bodies. In all these cases the following assumptions will be considered valid,

1. An advertisement / appeal / notice does have some effect.
2. In case of an advertisement, that which is being highlighted is looked for and expected by the people.
3. In case of a public-interest notice, it is the duty of those who issue it, to issue such notices (those no smoking ads etc)
4. In case of a public interest notice, what is being advised must be beneficial for people and its not-practice harmful in some way.
5. In case of an appeal, the reason for issuing it exists (you can determine the reason using your common scence).
6. In case of an official notice, the effect of its implementation will be beneficial for the organization.

• Example :
• Statement : Use our cream, it will make you look like Katrina Kaif.
• Valid Assumptions :
• The advertisement will have some effect on those who read it.
• People will expect that they look good.
• Statement : Smoking is injurious to health and it may cause cancer.
• Valid Assumptions :
• This notice will be read by all smokers
• Smoking is not good for health

And last but not the least.... remember friends, Assumptions are never exclusive of one another. I mean, if they give you the choice "either of them is implicit", in 99.99 cases it is wrong. So better never choose this option.

That's all for now friends. Now lets have a look at some example problems on Statement-Assumption here.

01:00 - By Unknown 0

How to Solve Statement and Assumptions Problems in Reasoning Section ? - Lesson 1

In these type of problems they will give you a statement and two assumptions (numbered I and II) followed by five options. An assumption is something supposed or taken for granted. You have to consider the given statement and the assumptions and then have to decide which of the given assumptions is implicit in the given statement. You have to pick the correct answer according to it.

What is a Statement ?

We can simply say that a Statement is nothing but something that is stated. Something you say or write in a formal or official way is called a statement.

What is assumption?

We can simply say that an An assumption is  something which is assumed / supposed / taken for granted from the statement. When you read a statement, you may not get everything you need from the given statement. There is a lot which they leave unsaid. In many of the times you assume things on your own, based on the given statement. Assume that you are watching your favorite hero's movie. The villain of the movie is doing so many nasty things, tortures hero's family... Now hero comes into the scene. Now you say "Aagaya mera Hero, now he will kill everybody in the villain's den!!!". Now, in this statement of yours, you co-relate two facts.

Fact One : Hero is a supernatural being (according to the filmy law)

Fact Two : Villain should be defeated

How do you relate these two ? Obviously by assuming that "being a protagonist of an Indian film, our hero should win ;) (no matter how strong the villain may be) Well, this is called assumption...

Now lets have a look at some key points you should keep in mind while dealing with the statements and assumptions problems :

1. Keywords : While evaluating an assumption you can always take a clue from some words that lend a definite meaning to the statement. Words like "all", "only", "every" etc are definitive in nature whereas words like "some", "a few", "many" etc are not. Therefore you should be able to differentiate between the implications of "All efforts are being taken" and "Some efforts are being taken". Have a look at an example.
• Increasing rape cases are damaging the clean image of India. The Indian Govt. should make every effort to kill the accused.
• Assumptions :
1. Killing accused is the best solution to reduce rape cases.
2. Killing accused is reasonably good solution to reduce rape cases.
3. Killing accused is the only solution to reduce rape cases.
4. Killing accused will definitely reduces the rape cases.
5. Killing accused will probably reduces the rape cases.
• Explanation : In the above example, statements 2 and 5 are valid assumptions while 1, 3 and 4 use definitive words such as "best", "only" and "definitely". The statement in the question mentions a fact that the rape cases are damaging the clean image of the country and it also makes a suggestion that accused should be punished. Undoubtedly, the author of the advice is assuming that killing accused will help reducing the rape cases. But, there is no hint whatsoever that killing is the only solution or the best solution or a definitely effective solution. 
• The above example illustrates how the use of definitive words may lend a different 'tone' to a sentence and how one should be careful about them.
• Note :  10 out of 10 people will choose options 1, 4 and 5 to the above example. Because we strongly believe that its the only correct way to treat those people. But friends,  they are not asking about your personal opinion. You just have to take decisions according to the given statement. This is the reason why, most of us lose marks in this area. So, Don't forget this fact.
2. Existence / Non Existence of the Subject : This category makes a very simple assumption that what is being talked about must be existing. Similarly, if its absence is being talked about, it must not be existing. Lets have a look at an example.
• Example : Love marriages mostly end in divorce.
• Assumptions :
1. Love marriages do take place
2. There are cases of divorce.
3. Adjectives : We know that an adjective is something which denotes a quality of the subject. Naturally then, if an adjective is attached (unconditionally) to any subject, it must be assumed that "the subject does have the quality as denoted by the adjective". Lets have a look at an example,
• Example : His love affair with that girl killed him.
• Valid assumption : He is in love.
4. Cause and Effect : Some statements mention a cause-and-effect relationship. The conjunctions between the clauses are usually "therefore", "as", "hence", "thus" etc. In all such cases it would be a valid assumption to say that "this cause leads to this effect". There may be different versions of the question: some times the cause-effect relationship may be  explicitly stated, sometimes it may be in the form of "because no cause, hence no effect" and sometimes in teh form of "Although cause, yet no effect". Lets have a look at an example,
• Example : 
• Statement : You don't have IBPS Rank. They wont call you for Interview.
• Valid Assumption : They will only call the people who have IBPS Ranks. 

00:59 - By Unknown 0

Advantages and Disadvantages of Online Trading / Direct Access Trading

Friends, in our last post we have discussed about the introduction of Online Trading and a few details about the online trading in India. In this post we shall discuss the advantages and some disadvantages of online trading.

The benefits enjoyed by an individual investor due to online trading have been summarized below :

1. Independent decisions due to direct access to the markets : An investor with an internet connection can track stock and commodity prices and take decisions independently without depending on the brokers for market information.
2. Elimination of the middle man : Investing online gives the investor a sense of control over his wealth. Buying and selling of stock no longer requires another individual to carry it out.
3. Prevents manipulation by brokers : Most brokers live on commissions, hence their tactics are in their own favor first, the brokerage house next and finally the client. In case of online trading trade transactions are transparent and clear, hence the brokers and financial investors cannot manipulate.
   
4. Inexpensive and affordable commission charges : Increased volume of transactions due to online trading has brought down the operational cost to minimum.
5. Internet as an information superhighway : Information related to stocks, company fundamentals, technical analysis, expert views, market news, etc., which were once only available to licensed brokers, are now at the fingertips of anyone and everyone. 
6. Diverse range of investment products and choices : Online brokerages are offering more products to the consumer, so as to give the consumer a wider choice.
7. Speed and accuracy of transaction execution : Speed and accuracy are the two most important features of online transactions.
8. Security Issues : Given all of the above, clients were skeptical to go online simply because of security reasons.

The disadvantages of online trading include fulfillment of certain conditions for availing online trading account, greater risk if traders are done extensively on margin, unsafe if it is done broadly on margin, fee of online brokers varies monthly software usage fees, chances of trading loss because of mechanical or platform failures and need of active speedy internet connection (which is not possible in rural areas) etc. Similarly, online investors are fully responsible for their trading decisions. 

00:59 - By Unknown 0