Result of the Confirmation examination for PAs/ SAs held on 6th November 2011

Circle Office, Trivandrum, vide letter No: Rectt/ 29-3/ Nov/ 2011 dated 28.03.2012, has announced the list of candidates who have qualified in the Confirmation examination for PAs/ SAs, held on 6th November 2011.

The list of successful candidates is as detailed below:

Total number of candidates admitted : 506

Number of candidates absent : 26

Number of candidates failed : 43

Number of candidates qualif : 437

CLICK HERE FOR CIRCLE RESULTS

PATHANAMTHITTA DIVISION RESULTS

1	Rethisree .R	Pathanamthitta	K/CON/D-02
2	Hajiral .M	Pathanamthitta	K/CON/D-03
3	Manju .M.K.	Pathanamthitta	K/CON/D-05
4	Anu .S	Pathanamthitta	K/CON/D-07
5	Sandeep .P	Pathanamthitta	K/CON/D-08
6	Aathira J. Chandran	Pathanamthitta	K/CON/D-09
7	Rahul .K	Pathanamthitta	K/CON/D-10
8	Hima Mohan	Pathanamthitta	K/CON/D-11
9	Chithra .A	Pathanamthitta	K/CON/D-12
10	Sumesh .M	Pathanamthitta	K/CON/D-13
11	Rani Krishna .R	Pathanamthitta	K/CON/D-14
12	Kavitha .U	Pathanamthitta	K/CON/D-15
13	Lizy Lawrence	Pathanamthitta	K/CON/D-16
14	Gibi Mariam Philip	Pathanamthitta	K/CON/D-17
15	Manoj Kumar .M	Pathanamthitta	K/CON/D-18
16	Sari .S.A	Pathanamthitta	K/CON/D-19
17	Sreelal .Y	Pathanamthitta	K/CON/D-20
18	Prasantha M.S.	Pathanamthitta	K/CON/D-21
19	Asswathy .R	Pathanamthitta	K/CON/D-22
20	Shaikh Hassan Khan A.S.	Pathanamthitta	K/CON/D-23
21	Sari .S	Pathanamthitta	K/CON/D-24
22	Vipin .D. Pillai	Pathanamthitta	K/CON/D-25
23	Mithun .M.S.	Pathanamthitta	K/CON/D-26
24	Neethu .A. Kalam	Pathanamthitta	K/CON/D-27
25	Sangeetha .S	Pathanamthitta	K/CON/D-28
26	Lakshmi K.N.	Pathanamthitta	K/CON/D-29

Declartion of Holiday on 14 th April 2012 Birth day of DR.BR.Ambedkar

Holiday declared on 14th April 2012-AMBEDKAR'S BIRTHDAY......

See the order given below

Management of Funds Under NPS

The investment of pension funds of Government employees, who are covered as subscribers to the New Pension System (NPS), was hitherto being made through a pooling arrangement whereby the funds of such employees were credited to a pool account (pending reconciliation of subscribers’ contribution details) from which such funds were allocated to pension fund managers for immediate investment in the best interest of the subscribers. These funds of the Government employees are being managed based on the investment Pattern prescribed by the Government.

The pension funds of the Government employees, who are covered by NPS, are managed by three pension fund managers, namely, SBI Pension Funds (Pvt.) Limited, UTI Retirement Solutions Limited and LIC Pension Fund Limited. 

Revision of Interest Rates for Small Savings Schemes with Effect from 1st April 2012

Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1^st April of that year.  Accordingly, the rate of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in in the schemes, shall be as under:

Scheme	Rate of Interest w.e.f. 1.12.2011	Rate of Interest w.e.f. 1.4.2012
Savings Deposit	4.0	4.0
1 year Time Deposit	7.7	8.2
2 year Time Deposit	7.8	8.3
3 year Time Deposit	8.0	8.4
5 year Time Deposit	8.3	8.5
5 year Recurring Deposit	8.0	8.4
5 year SCSS	9.0	9.3
5 year MIS	8.2	8.5
5 year NSC	8.4	8.6
10 year NSC	8.7	8.9
PPF	8.6	8.8

Necessary notifications, including those requiring amendments to rules of small savings schemes will be notified separately.

Interest rates on small savings schemes may go up by 0.25%

The government is likely to hike the interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme (MIS), Public Provident Fund (PPF), etc by about 0.25 per cent from April 1.

A circular on revised interest rate on small savings scheme will be issued by March 28, official sources said, adding that there could be a 0.25 basis points hike in the rates.

"We are in the process of calculating the rates. The new rates will be applicable from April 1," they added.

The government had in December, 2011 hiked interest rates on post office savings accounts (POSA) to 4 per cent, from 3.5 per cent. Similarly, the interest rates on the MISand PPF was fixed at 8.2 per cent and 8.6 per cent respectively.

The decision to hike interest rates in December was in line with the recommendations of the Shyamala Gopinath Committee which had suggested linking of interest rates on small savings with that of the market. The panel had also suggested that the interest rates on small savings schemes should be revised annually. 

Validity of Cheques reduced from 6 months to 3 months wef 01.04.2012

Bankers' cheques and other monetary instruments will have only a three-month validity beginning April 1, 2012, instead of the existing six months, a Reserve Bank of India (RBI) communique has said.
The change is a consequence of an RBI notification on November 4, 2011.

Cheques, drafts and pay orders will have a validity for three months from the date they've been drawn. Those having cheques and other monetary instruments with six-month validity before April 1 will have to remit them before this date, when the expiry of the validity will be reduced to three months.
After April 1, these instruments will be valid subject to their adherence to the new 3-month rule.