Interview

50-common-interview-qa

Suggested-Interview-Questions-and-Answers

101 Dynamite Answers to Interview Questions

How to answer 64 Toughest Interview Questions

Sample Interview Questions and Answers

15 Toughest Interview Questions and Answers

36 Toughest Interview Questions and Answers

50 Toughest Interview Questions and Answers

10 Frequently asked Interview Questions and Answers

how-to-answer-23-of-the-most-common-interview-questions

Answering-Six-Common-Interview-Questions

Common-Interview-Questions

Teaching Tips

best-job-interview.com

ICICI Bank recalls hundreds of cards after cloning scare

ICICI Bank is recalling hundreds of credit and debit cards after being warned by the Chennai city police that customers' data have been stolen. Officials from other banks -- private and national -- said they were also initiating similar steps.

On October 5, the city police had busted a card-cloning racket. Initially, they received complaints from 64 card users and the number has been increasing ever since. "Apparently data of several people have been stolen and misused. We advise card users to change their PIN immediately," said central crime branch deputy commissioner S Radhika.

But neither the police nor the banks have been able to estimate the number of customers affected. The police have arrested Umesh Balaravindran, a Sri Lankan national living in Chennai, and four of his associates who are believed to have cloned credit cards using skimmers that copy data from ATMs. The police said they also bought card details put up on a website. Now the police have reasons to believe that more such gangs could be operating in Chennai and other cities.

Last week, ICICI either blocked or cancelled several cards following breach or suspecting problems. An ICCI spokesperson said the cards will be replaced free of cost within six working days.

"We continuously monitor all card transactions of our customers. If there is some suspicion in any transaction, we call the customer. This could be high-value purchases or withdrawal from different geographical locations. We advise all customers to be careful, but there no need to panic," the bank spokesperson said.

Some customers complained that they were worried about cards being blocked during festival season, but the bank staff convinced them saying that there were higher chances of misuse during the season. On Thursday, Vijay G, a customer, received a call from ICICI Bank saying his card was being blocked as the bank suspected his card data could have been stolen. "I did not lose money, but the bank acted on caution. I received the new card on Saturday," said Vijay.

Many banks have IPS officials on deputation from National Association of Software and Services Company (Nascom) to monitor such frauds. They also work in collaboration with the city police. Banks say they have also made it a practice to educate customers through mails and alerts on their websites and ATMs.

Central Bank of India, which has 25 ATMs in the city, has categorized them as of high, medium and low risk. Officials said nearly 15 of the bank's ATMs are in the high-risk category. "We have CCTVs in all these ATMs apart from armed guards," a spokesperson said.

http://timesofindia.indiatimes.com/business/india-business/ICICI-Bank-recalls-hundreds-of-cards-after-cloning-scare/articleshow/10457691.cms

NRIs can hold accounts in any currency now

The Reserve Bank today said Indians who have non-resident accounts in the country can now hold them in any currency which is fully convertible.

The move is likely to help NRIs/Persons of India Origin as it will give them more options in the holding of accounts, and lessen the risk from fluctuations in major currencies.

Earlier, FCNR(B) account holders were allowed to hold accounts in only certain currencies such as the Pound Sterling, US dollar, Japanese yen, euro, Canadian dollar and Australian dollar.

"...it has been decided that Authorised Dealer banks in India may be permitted to accept Foreign Currency (Non- Resident) Account (Banks) deposits in any permitted currency. It may be noted that 'Permitted currency' for this purpose would mean a foreign currency which is freely convertible," RBI said in a notification.

"The Committee to Review the Facilities for Individuals under Foriegn Exchange Management Act, 1999 in its Report has recommended that FCNR(B) accounts may be permitted to be opened in any freely convertible currency," RBI said.

RBI also said that any citizen who was earlier residing in a foreign country can own or transfer property or other assets in that nation if it was acquired during the time of his residence there.

"... a person resident in India is free to hold, own, transfer or invest in foreign currency, foreign security or any immovable property situated outside India if such currency, security or property was acquired, held or owned by such person when he was resident outside India or inherited from a person who was resident outside India," RBI said.

In a clarification issued by it regarding repatriation of income and sale proceeds of assets held abroad by NRIs who have returned to India permanently, RBI said an investor can retain and reinvest the income earned on investments made under the Liberalised Remittance Scheme.

The apex bank said that clarifications are as per relevant sections of the Foreign Exchange Management Act of 1999.

http://economictimes.indiatimes.com/news/nri/nri-investments/nris-can-hold-accounts-in-any-currency-now-rbi/articleshow/10416762.cms

How does your body digest different foods?

Click the link below to know how our body digest different foods.
Digestion Animated

Roaming charges within India may go soon

Mobile consumers may soon be spared from shelling out roaming charges within India. A high-level Department of Telecom (DoT) panel that was asked to come up with strategic changes for the communications industry has recommended that the country be considered as a single region, a move that will spare customers from paying a roaming fee when traveling.

Currently, the country is divided into 22 circles and consumers pay roaming charges when they make or receive calls outside their home circle. This DoT panel has recommended that doing away with the circle concept will help deal with the roaming issues.

The panel said that if the entire country could not be considered as a single circle, then the country can be divided into four regions. In this case, it will help consumers avoid roaming charges when traveling within a region like say the all the Southern states.

Sector regulator Trai will be asked to work out the modalities for this. The panel has however not specified any time frame for the merger of all circles into a single entity from the licensing perspective.

Mobile phone companies will oppose any moves to do away with roaming charges as this fee constitutes up to 10% of the industry's revenues. All telcos combined garner about Rs 12,000 crore annually from roaming charges.

Under current rules, a mobile phone company can charge a maximum of Rs 1.40 per minute for a local call for a mobile user traveling outside his home network, while for STD calls, the limit is Rs 2.40 per minute for all outgoing and Rs 1.75 per minute for all incoming calls while on roaming, irrespective of the distance. But, existing rates are far lower than these caps imposed by Trai in 2007. The tariff wars that gripped the sector in 2009 had also resulted in some operators slashing their roaming tariffs.

The panel has also sought that cellular operators be allowed to offer financial services on mobile phones , while adding that the move would speed up the government's efforts to ensure that the weaker sections of the society have access to such facilities at affordable costs.

It has also said that the DoT must soon come up with a policy for renewal for telecom licenses. The telecoms department panel was headed by AK Srivastave (DDG-AS) and its members include GP Srivastava (DDG-CS), Nitin Jain (DDG-DS), RK Pathak (DDG-IP) and Vinod Kumar (Director-AS-II). ET reviewed a copy of their recommendations to the communications ministry.

The panel has also called for a national policy on setting up telecom towers. "The policy, which will be framed by Trai, will apply to cellsites or telecom towers in all cities and will address issues such as the minimum distance these units must maintain from schools, hospitals and tourist attractions. It will also specify the maximum radiation levels for these masts and state methodologies that will be used to measure it," said an official.

This will also mark the first attempt in India to regulate the telecoms towers space in the country.

http://articles.timesofindia.indiatimes.com/2010-10-14/india-business/28270405_1_telecom-towers-home-circle-trai

CCE system for all schools in Tamil Nadu

It will help shift from rote learning to application-based approach

The School Education Department will introduce the Continuous and Comprehensive Evaluation (CCE) system for classes I to VIII from the next academic year. According to a Government Order dated September 19, the initiative seeks to help the students move from rote learning to an application-based approach.

The decision to introduce CCE has been taken following the recommendation of an expert group constituted by the Directorate of Teacher Education Research and Training (DTERT). According to sources in the School Education Department, the group comprised former director of the Central Board of Secondary Education (CBSE), G. Balasubramanian, heads of government and Matriculation schools and senior officials.

A senior official of the Department said that the CCE will be introduced for classes IX and X from 2013-14. “The modalities in teacher training will have to be worked out soon. We have just initiated the process,” he said.

Currently, CCE is the prevalent evaluation system followed in all schools affiliated to the CBSE. It seeks to spread the evaluation over an entire academic year, rather than judging a student's potential and performance based on select term-end or annual examinations.

The Right of Children to Free and Compulsory Act 2009 also emphasises the need for a continuous and comprehensive evaluation system that would factor in various aspects, including a student's ability to work in a team, communication skills and creative ability.

Grading system

As per the CCE, students are evaluated through Formative Assessments (FA) that is conducted throughout each term, and Summative Assessments (SA) carried out at the end of a particular term. Scholastic areas covering all academic subjects and non-scholastic areas, including life skills, arts and sports will be considered in the evaluation. While the FA will be carried out by the teacher for class participation, projects and discussions, SA will largely be done through a paper-pen test.

The FAs (accounting for 40 marks) and SAs (for 60 marks) thrice, covering three terms and the cumulative scores would be converted to grades, on a 10-point scale.

Welcoming the State government's initiative, CBSE school heads observed that the move will bring in more parity among schools across Boards. C.Satish, Senior Principal, R.M.K. Group of Schools, said: “It is a great initiative. It is the best way to assess students and we see that students do not get unnecessarily stressed around examination time.”

All the same, M.Chidambarahari, Advisory-President, Tamil Nadu Graduate Teacher's Association, has a word of caution for the Department. “A good programme to train teachers should be introduced first. The Department should not introduce the CCE in a hurry before that. Also, the Directorate of Government Examinations or some other agency should act as a monitoring body, to see if teachers have done a fair job of evaluation,” he said.

Additionally, the syllabus should also be periodically updated and emphasis should be on encouraging students to apply concepts learnt, he added.

Source: The Hindu
http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/article2492113.ece

Some general guidelines to buy a property in India

• NRIs and PIOs may acquire any immovable property for residential/commercial purposes in India, other than agricultural/plantation/farm house, without the permission of Reserve Bank of India (RBI).
• No declaration is required to be made to the RBI. Only information regarding details of the property and costs incurred should be given to the RBI. This will help at the time of repatriation.
• No permission from the RBI is required to transfer any immovable property other than the agricultural land or plantation property or a farm house in India by way of sale to a person resident in India.
• The lock-in period of three years has been done away with.
• If property has been acquired through NRE (Non Resident External) account, then repatriation is allowed only for two residential properties.
• NRI/PIO is permitted to transfer his residential commercial property in India to an authorized dealer/housing finance institution in India by way of mortgage.
• NRI/PIO can avail housing loan in Indian currency from an authorized dealer or housing finance institution in India approved by the National Housing Finance Bank for purchase of residential accommodation or for the purpose of repairs/renovation/improvement of residential accommodation, subject to certain terms and conditions.
• Sale proceeds of residential/commercial property received by way of gift by NRI/PIO can only be credited to NRO (Non Resident Ordinary) account.
• Sale proceeds of any immovable property in India inherited by a person residing outside India (i.e. NRI or PIO or foreign national of non-Indian origin resident outside India) from a person residing outside India cannot be repatriated by him or his successor without prior permission of the RBI.
• NRI/PIO can rent out the residential/commercial property purchased out of foreign exchange/rupee funds.
• The purchase consideration should be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from NRE/FCNR (Foreign Currency Non Resident) accounts maintained with banks in India.
• The non-resident Indians who are staying abroad may enter into an agreement through their relatives and/or by executing the Power of Attorney in their favour as it is not possible for them to be present for completing the formalities of purchase (which include negotiating with the builder or developer, drafting and signing of agreements, taking possession etc.). These formalities can be completed through some known person who can be given the Power of Attorney for this purpose. Power of Attorney should be executed on the stamp paper before the proper authorities in foreign countries. Power of Attorney cannot be drafted on the stamp paper bought in India.
• Residential property can be given on rent if not required for immediate residential use. Rental income cannot be remitted abroad and will have to be credited to the ordinary non-resident rupee account of the owner of the property.