Very analytical review of Indian Railways by NITI Aayog
(20 pages Report)
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(20 pages Report)
Click here
Thursday, September 13, 2018
Sunday, September 9, 2018
Seigniorage Charges - Important short notes question
Seigniorage Charges
ü Are reference to excavating earth moorum, sand and other minerals.
ü Fixed by the State Government.
ü Recovered by the Railways from the contractors from “On Account” and “Final Bills” and remitted the same to the State Government.
ü The rates quoted by the tenderer shall be inclusive of these charges.
ü Seigniorage may be counted as revenue for a government when the money that is created is worth more than it costs to produce it. This revenue is often used by governments to finance a portion of their expenditures without having to collect taxes.
example It costs the government Rs.5 to produce a Rs.100 currency note, the seigniorage is Rs.95 or the difference between the two amounts.
ü The revised seigniorage charges as fixed by the Government in G.O.Ms. No. 331 Industries and Commerce (M-1) Department dated 21-6-2000 read with the G.O.Ms.No.466 Industries & Commerce (M-1) Department, dated 24.8.2000, may be adopted as :
Sl No.
|
Name of the Mineral
|
Rate of Seigniorage Fee
|
1
|
Building Stone
|
Rs. 33/- per CMT
|
2
|
Rough Stone
|
Rs. 33/- per CMT
|
3
|
Road Metal
|
Rs. 33/- per CMT
|
Note:
If any change in the above rates/instructions, readers are hereby requested to bring to the notice of the Blogger for updation.
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Railway Convention Committee (An Important Short Notes question)
RAILWAY CONVENTION COMMITTEE - R C C
1988,1992,1995 (with out Books) & 1987,1990 (with Books) - short notes
Þ is an ad hoc Parliamentary committee constituted from time to time on Resolution adopted by Lok Sabha and concurred in by Rajya Sabha.
Þ The appointment and functions of Railway Convention Committee is a part of Parliamentary control over Indian Railway Finances.
Þ Composition of RCC - 12 members from Lok Sabha nominated by Speaker and 6 Members from Rajya Sabha nominated by Chairman.
Þ The Chairman of the Committee is appointed by the Speaker from amongst the members of the Committee.
Þ After Independence, first RCC constituted in the year 1949. Since then, each Lok Sabha has been having a Railway Convention Committee.
Þ The Committee becomes functus officio after presenting its final Report regarding rate of dividend payable to General Revenues.
Þ The Report of the Committee on the Rate of Dividend is considered by the House on a Resolution moved by the Minister of Railways.
Þ After a Report has been presented to the House, the Ministry of Railways and other concerned Ministries are required to take action on various observations and recommendations contained in the Report. The replies of the Government are examined and an ATR- Action Taken Report is then presented to the House.
Þ is formed once in five years (normally with the formation of New Loksabha)
Þ Its rules generally applicable for a period of five years.
Þ R C C recommends on the following aspects:
ü Rate of Dividend payable to the General Revenues. (This may not require now, due to merger of Railway Budget with General Budget)
ü Appropriation to the D.R.F.
ü Modification of rules of expenditure allocation between Capital and Revenue.
ü How Rly Surplus (after the payment of Dividend) should be distributed among various Railway Funds.
ü To introduce flexibility in the administration of the Railway finances.
ü Accounting matters and aspects of Management practices on Railways.
ü Express views on Rolling Stock Production and any short earnings and how the same should be overcome.
ü And any other subject matter brought to its notice by the Minister of Railways.
*&*&*&*&
Handwriting - Importance
Handwriting - Importance
ü You will get additional five marks, if your handwriting is legible. Conversely you will lose five marks, if your handwriting is illegible.
ü Though the hand-written letter, note or document is fast becoming a thing of past due to computers and emails, still handwriting is more important in the descriptive examinations like Appendix3A examination, LDCE etc
ü For candidates appearing Appendix3A examination, LDCE etc., there is no need to explain again and again the importance of good handwriting in the examinations.
ü National Handwriting day - January, 23rd .
ü The average human being hand-writes at 31 words per minute for memorized text and 22 words per minute while copying.
ü Check your speed by using stopwatch and improves your speed if it falls below average.
ü Put efforts sincerely for getting good handwriting skills along with speed writing.
ü Browse internet for easy tips on practicing good handwriting skills or contact Shri Y.Mallikarjuna Rao, Founder & Director, National Handwriting Academy, Hyderabad. His email is handwriting56@gmail.com or mobile 09849546608 or browse the below given website link.
ALL THE BEST
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