Thursday, March 31, 2022
CURRENT AFFAIRS MARCH 31 2022
செய்தித்துளிகள் (31.03.2022) - இன்றைய பொது அறிவு
FACTORS AFFECTING BUSINESS DECISION - 15 Minutes Seminar Notes
FACTORS AFFECTING BUSINESS DECISION - 15 Minutes Seminar Notes
DECISION MAKING:
- Decision making may be reviewed as the process of selecting a course of action from among several alternatives in order to accomplish a desired result.
- The purpose of decision making is to direct human behaviour and commitment towards a future goal.
- If there are no alternatives, if no choice is to be made, if there is no other way‐out, then there would be not need for decision making.
- It involves committing the organisation and its resources to a particular choice of course of action thought to be sufficient and capable of achieving some predetermined objective.
MAJOR FACTORS AFFECTING BUSINESS DECISION:
Finance
- There may not be finance available to the business to make the decisions they would like to.
- For example, a business may wish to invest in new machinery to increase production but they do not have enough capital to allow them to do this.
Human resources
The quality of decisions made by managers can be affected by:
- Their skills and expertise
- The amount and quality of information they have available
- The staff involved in implementing the decision need to be willing to cooperate and work with the decision for it to be successful.
- Senior managers may not agree with the decisions.
- Existing company policy may restrict the decisions a manger is allowed to make.
Technology
- Lack of the correct equipment or technology may restrict the decision - making process.
Risk
- Most managerial decisions are made under conditions of risk.
- Decisions are taken inrisk when the manager has some information leading to the decision but does not know everything and is unsure or unaware of the consequences.
Other factors
The decision-making process may also be affected by:
- Amount of time available to make the decision
- External pressures such as exchange rates and economic stability
Presented By,
Niveedha
Banking Student
Magme School Of Banking
Wednesday, March 30, 2022
நடப்பு நிகழ்வுகள் மார்ச் 30 2022
CURRENT AFFAIRS MARCH 30 2022
நடப்பு நிகழ்வுகள் மார்ச் 29 2022
CURRENT AFFAIRS MARCH 29 2022
செய்தித்துளிகள் (30.03.2022) - இன்றைய பொது அறிவு
TNPSC Group 4 Notification 2022
TNPSC Group 4 Notification 2022
The Tamilnadu Public Service Commission (TNPSC) has published TNPSC Group 4 Recruitment 2022 Notification for recruitment to 7301 Post of TNPSC Group 4. These vacancies are for Assistant Manager Positions.
Vacancy Details:
Post Code |
Group IV Posts |
Vacancy |
2025 |
Village Administrative Officer (VAO) Officer |
274 |
2600 |
Junior Assistant (Non–Security) |
3590 + 3 C/F |
2400 |
Junior Assistant (Security) |
88 |
2500 |
Bill Collector Grade-I |
50 |
2200 |
Typist |
2069 + 39 C/F |
2300 |
Steno-Typist (Grade–III) |
885+139C/F |
3210 |
Store Keeper in Tamizhagam Guest House, Udhagamandalam |
1 |
3213 |
Junior Assistant in Tamil Nadu Urban Habitat Development Board |
64 |
3229 |
Junior Assistant in Tamil Nadu Housing Board |
39*+4 C/F |
3214 |
Bill Collector in Tamil Nadu Urban Habitat Development Board |
49 |
3215 |
Steno-Typist (Grade–III) in Tamil Nadu Urban Habitat Development Board |
7 |
Total |
7301 |
Eligibility Criteria:
Post Name |
Academic Qualification |
Village Administrative Officer (VAO) |
SSLC passed with the minimum marks that can grant admission to higher secondary courses |
Junior Assistant (Security) |
|
Junior Assistant (Non-Security) |
|
Bill Collector |
|
Draftsmen |
|
Typist |
SSLC passed with the minimum marks that can grant admission to higher secondary courses and Government Technical Examination in typewriting |
Steno-Typist (Grade – III) |
SSLC exam with the minimum marks that can grant admission to higher secondary courses and Government Technical Examination in both typewriting & shorthand |
Field Surveyor |
Candidates must be trained in surveys in industrial training institutes |
Typing and Stenography |
Candidates must have certification in computer on office automation awarded for the Typist post and Steno-typist |
Steno-Typist (Grade–III) in Tamil Nadu Urban Habitat Development Board |
Must have passed H.S.C Public Examination or its equivalent with eligibility for admission to College Courses of studies. |
Computer Qualification
The applicants applying for TNPSC Group 4 Typist & Steno-typist posts should have passed the “Certificate Course in Computer on Office Automation” awarded by the Technical Education Department to be eligible to apply for TNPSC Group 4 Recruitment 2022.
Age Limit: (As on 01.07.2022)
Post |
Minimum Age |
Maximum Age Limit |
Junior Assistant, Bill Collector, Typist, and Steno-Typist (Grade -III). |
||
SCs, SC(A)s, STs and Destitute Widows of all Castes |
18 years |
37 years |
MBCs/DCs, BC(OBCM)s and BCMs |
18 years |
34 years |
Others |
18 years |
32 years |
Village Administrative Officer (VAO) |
||
SCs, SC(A)s, STs, MBCs/DCs, BC(OBCM)s, BCMs and Destitute Widows of all Castes. |
21 years |
42 years |
Others |
21 years |
32 years |
Knowledge of Tamil: Candidates must have a working knowledge of Tamil also.
Selection Process:
The selection will be made in two successive stages viz.,
(i) Written Examination
(ii) Document Verification
Application Fees:
There is a one-time Registration Fee of Rs. 150/- (valid for 5 years). Candidates who are already registered are not required to register again.
There is an Examination Fee of Rs.100/-, which is for the TNPSC Group 4 exam only.
Note- The fee is payable by online mode through Net Banking / Credit card / Debit card on or before the last date of submission of the online application
Important Date:
How to Apply
- You can go to the official website of TNPSC to apply online or click on the direct link mentioned below to apply online, once it is active.
- A page will be opened where you will get the registration and login form.
- Enter the required details in the form and Upload your Photo and signature.
- After that Fill in your communication address and Upload your Photo and signature.
- Before submitting the form, preview your details.
- Pay your fee through Debit/ Credit card/ Net Banking/ E-Challan if applicable.
- Click on submit and Your form will be submitted successfully.
- Your Online TNPSC Group 4 application process is completed and you can take a print out of the application form for further use
Notification Link: Click Here
Apply Link: Click Here
ABBREVIATIONS OF BANKING - 15 Minutes Seminar Notes
ABBREVIATIONS OF BANKING - 15 Minutes Seminar Notes
Meaning :
- Banking is the business of protecting money for others. Banks lend this money, generating interest that creates profits for the bank and its cucustomers.
- A bank is a financial institution licensed to accept deposits and make loans. But they may also perform other financial services.
Abbreviations :
Starting with A
Abbreviation - Expanded Form
- AD - Authorized Dealer
- ABM - Assistant Branch Manager
- AEPs - Aadhar Enabled Payments Switch
- AFS - Annual Financial Statement
- AGM - Annual General Meeting
Starting with B
Abbreviation - Expanded Form
- BSR - Basic Statistical Returns
- BOP - Balance of Payments
- BOE - Bill of Exchange
- BOT - Build, Operate, Transfer
- BSE - Bombay Stock Exchange
Starting with C
Abbreviations - Expanded Form
- CAD - Capital Account Deficit
- CCIL - Clearing Corporation of India Limited
- CASA - Current And Savings Account
- CMIS - Currency Management Information System
Starting with D
Abbreviations - Expanded Form
- DTAA - Double Taxation Avoidance Agreement
- DRAT - Debt Recovery Appellate Tribunal
- DSCR - Debt Service Coverage Ratio
- DPN - Demand Promissory Note
Starting with E
Abbreviations - Expanded Form
- EADB - East African Development Bank
- ECBs - External Commercial Borrowings
- ECS - Electronic Clearing System
- EDI - Electronic Data Interchange
Starting with F
Abbreviations - Expanded Form
- FOB - Free on Board
- FIMMDA - Fixed Income Money Markets and Derivatives Association
- FDI - Foreign Direct Investment
Starting with G
Abbreviation - Expanded Form
- GDP - Gross Domestic Product
- GAAR - General Anti Avoidance Rule
- GIRO - Government Internal Revenue Order
Starting with H
Abbreviations - Expanded Form
- HDFC - Housing Development Finance Corporation
Starting with I
Abbreviations - Expanded Form
- IBA Indian Bank Associations
- ICA Indian Council of Agricultural Research
- IIB International Investment Bank
- ICICI Industrial Credit & Investment Corporation of India
Starting with K
Abbreviation - Expanded Form
- KYC - Know Your Customer
- KCC - Kissan Credit Card
- KMB - Kotak Mahindra Bank
- KVB - KarurVysya Bank
- KVP - KissanVikasPatra
Starting with L
Abbreviations - Expanded Form
- LIBOR - London Interbank Offered Rate
- LAB - Local Area Bank
- LAF - Liquidity Adjustment Facility
- LAMPS - Large Sized Adivasi Multipurpose Societies
Starting with M
Abbreviations - Expanded Form
- MICR - Magnetic Ink Character Recognition
- MSF - Marginal Standing Facility
- MUDRA - Micro Units Development and Refinance Agency
Starting with N
Abbreviations - Expanded Form
- NABARD National Bank for Agriculture and Rural Development
- NPA Non Performing Assets
Starting with O
Abbreviations - Expanded Form
- OCB - Overseas Corporate Bodies
- OMO - Open Market Operations
Starting with P
Abbreviations - Expanded Form
- PIN - Personal Identification Number
- PPP - Purchasing Power Parity/ Public Private Partnership
Starting with R
Abbreviations - Expanded Form
- RTGS - Real Time Gross Settlement
- ROA - Return on Investment
- RBI - Reserve Bank of India
Starting with S
Abbreviations - Expanded Form
- SENSEX Sensitive Index of Stock Exchange
- SIDBI Small Industries Development Bank of India
Starting with T
Abbreviations - Expanded Form
- TIN - Tax Information Number/ Telephone Identification Number
Starting with U
Abbreviations - Expanded Form
- UIDAI - Unique Identification Development Authority of India
- UTI - Unit Trust of India
Starting with Y
Abbreviations - Expanded Form
- YTM - Yield to Maturity
Presented By,
Kousalya. M
Banking Student
Magme School Of Banking