...SBI PO Exam Special Current Affair Supplement Latest Developments in Banking and Financial Sector Latest questions pertaining to Governance, Policies, Panels and Committees Miscellaneous Current Affairs (Very Important for upcoming competitive exams) A publication of Nirdeshak.com Latest Developments in Banking & Financial Sector 01 SBI PO Exam - Special Current Affair Supplement 1) India implemented Basel III norms, which comprises of new global capital rules for banks, from which date? – 1 April 2013 (Under Basel III norms, Indian banks will have to hold core capital of at least seven percent of risk-weighted assets) 2) What is the name of the bill passed by the Lok Sabha on 18 December 2012, which seeks to strengthen banking regulations in the country? – Banking Laws (Amendment) Bill 2011 (This bill seeks to raise voting rights of investors in private sector banks to 26 per cent from present 10 per cent and also allows RBI to supersede boards of private sector banks to increase the cap on their voting rights to 10 per cent from 1 per cent 3) Financial sector regulators – The Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDA) and Pension Fund Regulatory and Development Authority (PFRDA), on 8 March 2013 joined hands by signing an agreement under the auspices of the Financial Stability and Development Council (FSDC). What are the main objectives of this move? – These regulators would...
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...excellent financial proceeds to its owners. 3. To satisfy its customers with its products. KEY RESULTS AREA: 1. To establish itself as a rough rival in its existence in the City of Ormoc. 1a. Quantity of kwek-kwek stalls here in the City of Ormoc. 1b. Quantity of sales. 1c. Marketplace portion in the City of Ormoc. 2. To convey excellent financial proceeds to its owners. 2a. Total net profits documented for the next 5 years. 2b. Return on Equity. 2c. Return on Assets. 2d. Return on Sales. 3. To satisfy its customers with its products. 3a. Boost of sales. 3b. Percentage of repeating customers. 3c. Number of customer suggestions and recommendations. PERFORMANCE INDICATORS OF QUICK KWEK-KWEK | KRAs | PI’s | | | 2012 (now) | 2013 (one year later) | 2014 | 2015 | 2016 | 2017 (5 years later) | 1a.1b. 1c. | Quantity of kwek-kwek stalls here in the city of Ormoc..Quantity of sales.Marketplace portion in the City of Ormoc. | 1Php.7,0004% | 3Php.9,0006% | 4Php.12,0008% | 6Php.18,00010% | 9Php.25,00013% | 10Php.30,00015% | 2a.2b. 2c. 2d. | Total net profits documented for the next 5 years.Return on Equity Return on Assets Return on Sales | Php.5,00030%15%12% | Php.6,00035%18%14% | Php.8,00040%19%16% | Php.12,00045%22%18% | Php.15,00048% 23%20% | Php.25,00050%25%25% | Prepared by:...
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...CHAIRMAN’S NOTE EXECUTIVE SUMMARY MODULE 1: ECONOMIC PERFORMANCE OF THE INDUSTRY Malaysian Economic Performance – Overview for the Year 2012 3 6 11 13 C&M Industry Performance – Overview 2012 Global and Malaysian GDP Growth Communications Services Contribution to Growth Bursa Malaysia ACE Market – An Overview of Licensees C&M Industry Financial Performance Overview Telecommunications Companies Broadcasters Trends of C&M Companies Financial Performance Digital Signature C&M Revenue by Services Market Segment ARPU Comparison Contribution of the C&M Industry to Bursa ...
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...Strategic Management Case Study Unilever Focusing on East for Growth Word Count: 3984 Question 1 Unilever is an Anglo Dutch company that has been established in 1929 as a result of a merger between 2 companies: Lever Brothers and Margarine Unie. UNILEVER owns consumer products in; Food and Beverages, Cleaning agents and Personal care. It is now ranked as the second world largest consumer product company. Strategic Purpose: Unilever’s 2nd rank in FMCG has been gained by serving the company’s mission “to meet everyday’s needs for nutrition, hygiene, and personal care with brands that help people look good, feel good, and get more out of life”. Value Chain Analysis Porter’s value chain analysis gives insight on how Unilever creates competitive advantage. It provides deeper understanding to establish a SWOT analysis in order to arrive at the applicable Ansoff theory. It describes Unilever’s primary and support activities’ characteristics (Figure 1). Figure [ 1 ] Primary Activities Inbound & Outbound Logistics: Unilever had put a five-year strategy plan, called the “path to growth” to transform its inbound logistics in way that increases efficiency and saves money to be invested elsewhere outside the business. This plan started in North America by integrating six operating business and emerging 3 supply chains. The philosophy of this change was to create one single set of distribution centers that attain the 24hour delivery plan to the customer. Transportation...
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...* Re: BIG BAD WOLF BOOK SALE 30/10/2012 To: Seong Ee Wei Hi, Ee Wei, Thank you for your application to be our Big Bad Wolf (BBW) book sale crew. Please come for the interview together with Ke Ying this Thursday (1.11.2012), 11am at Amcorp Mall, PJ. (please logon to www.bookxcess.com for the address). Please bring along 1 photocopy IC (front & back in 1 page). Before hand, kindly refer to the below for the terms & conditions as the BBW crew for your perusal: Working Date: 3rd-24th December 2012 Venue: The Mines Convention Centre WORKING HOURS 1. 9.00am to 9.00pm daily, you are required to report to the respective leader by 8.30am daily. 2. Selected appointed staff are required to stay back after 9pm to complete their task ie. Doing sales report. 3. There will be 2 breaks daily (each break is 30 minutes), Lunch and Dinner will be provided daily. ADDITIONAL WORKING HOURS 1. If the Employee required to work more than the regulated working hours per day as mentioned above, the Employee shall be paid a rate of RM15 per hour. 2.The minimum additional hour to clock in per day is ½ hour. TERMINATION OF THE CONTRACT The Employer reserves the rights to terminate Employee’s contract on the following conditions and the Employer has the absolute rights to reduce the hourly rate from RM10 to RM7for the number of days worked by the Employee. The conditions are: (a) Poor performance deemed by BBW Management; (b) Late – more than 3 working days; (c) Failed to...
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...changed on them. So when putting together a growth strategy companies should think rapidly. Best approach could be take one step at a time. ➢ One of the ways for developing a business growth strategy for Purple HR could be buying a competing business or businesses.Employing such a strategy will add to the company’s growth and it will also eliminate another barrier standing in front of company’s future growth namely- a real or potential competitor. Paychex, Inc. is a provider of payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses.Paychex, acquired key competitors over the years which proved beneficial for them as their share in the market increased.. In January 2012, the Company acquired Icon Time Systems, Inc. In December 2012,...
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...volume variance= (850,000 X 125)-(800,000 X 125) =$106,250,000-$100,000,000 = $6,250,000 Favourable 3. Absorption costing. | $ | $ | SalesLess: Cost of goods soldOpening inventoryProduction(850,000 X (255+125))(-)Ending inventory(30,000 X 405)Gross MarginAdjustments for production variance(850,000-800,000)x125Operating Income | 0323,000,000(11,400,000) | 450,000,000(311,600,000) | | | | | | 138,400,0006,250,000F | | | 144,650,000 | Income Statement for the year ended 31December 2012 4. Variable Costing Income Statement for the year ended 31 December 2012 | $ | $ | SalesOpening inventoryProduction(850,000 X 255)(-)Ending inventoryContribution MarginFixed factory overheadOperating income | 0216,750,000(7650,000) | 450,000,000(209,100,000) | | | 240,900,000(100,000,000) | | | 140,900, 000 | 5. Based on the calculations of absorption costing and variable costing for the year 2012,it would be better to calculate and measure using the absorption costing because it has the favourable variance of production . Moving on, applying the absorption costing is able to make us visualise the operation income aggregate moreover variable costing. Other than that, if the budgeted production unit is lower than the actual production units will affect the operating income to raise with using the absorption costing. As a conclusion, it is better that L.A...
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...Fauji Fertilizer Bin Qasim Limited Financial Analysis Report Period coverage: 1st January 2012 to 31st December 2012 Prepared and Presented by: Dr. Babur Zahiruddin Raza, Corporate Office Consultant in Human Resources & Master Trainer in H.R Applications Research Consultant Mr. J. S Khan IT Consultant Mr. Raheel Rustam Ph: 051-5584905, 5792836 Cell: 0332 – 4923235 Email: baburzahiruddin@yahoo.com, TABLE OF CONTENTS SR no | Description | Page no | 1 | Financial analysis approach ----------------------------------------------- | 3 | 2 | Analytical review --------------------------------------------------------- | 4 | 3 | Key discussion points for AGM ---------------------------------------- | 8 | | | | | | | | | | | | | | | | 1. FINANCIAL ANALYSIS APPROACH I have adopted following approach to perform holistic and integrated financial analysis of Fauji Fertilizer Bin Qasim Limited-FFBL Environmental analysis Industry analysis Operational review of FFBL Financial analysis The under mentioned documents are essential to perform comprehensive analysis of financial position, performance and cash position. 1. Business plan-Year 2013 to 2015 2. Approved budget-Year 2013 to 2015 3. Annual report of Year 2012 4. Audited financial statements-Year 2012 5. Internal audit charter / Terms of reference for internal audit 6. Internal audit reports 7. Audit engagement letters 8...
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...November 16, 2012 Friday This is the day 1 of my On-The-Job Training. I just don’t have any idea at all; I don’t know what I’m going to be or which department I should assign so thank god we start at orientation. We talked about the company, policies and some other important details then our HM supervisor take me to my department, which is Dispatch Service Department, I don’t have any idea if what is going on in this department until my supervisor orient me about my task and this I meet and started to meet the Call Reports which is assigned to me for the rest of my training. My day have been so well and just exceeded my working hours. November 19-23, 2012 (Monday-Friday) This week I’m sorting Call Reports specifically the CM or the Corrective Maintenance, from the month of October sorting from 1st of October from the end of the month. I arranged it from banks to banks for it to be organized. I just had light duties by this time, I observed the call reports and notice that diebold has a lot of client, offering good services, offering products such as ATM, software and many more. Diebold Philippines Incorporation is a very huge company it has many branches in different part of the world. This ECE Company which is vision is to fulfill and exceed the customer expectations. The facilities and policies is just suit for the employee and to the firm. This office environment is just good for the working people. By the end of this week, I’m still adjusting myself for a new environment;...
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...UNIVERSITY OF SUNDERLAND / SEGi UNIVERSITY BA (HONS) BUSINESS & MANAGEMENT Module: Core Business Skills Code: UGB 103 Assessment Element 1: Skills Audit and PDP Plan (Total 15 module marks) (This assignment covers the following skills learning outcomes, taken from the Module Guide: Skills:- 8 - Manage own time, including setting own goals and targets for Progress Files) Date of Submission: 12th October 2012 TASK: Draw up an initial skills assessment to rate your skills level. Your assessment should include an analysis of your current strengths and weaknesses, personal development goals, and action plan. To complete this task you are required to: 1. Complete Form A “Self Assessment of my Present University Skills”, Form B “Areas for Discussion with your tutor”, and Form C “PDP Plan”. You may proceed with this activity after personally meeting and discussing with your tutor. 2. For further information please to refer to “Guide to Finding Study Skills Support & Starting Out on your Personal Development”, available on Sunspace in the UGB103 site. FORM A (3 Marks) SELF ASSESSMENT OF MY PRESENT UNIVERSITY SKILLS |Name: | |Date: | |Rate your Skills and Abilities ...
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...PRACTICAL TRAINING REPORT AT ZULFAHMY & CO. DAILY REPORT DATE/DAY | EXACT NATURE OF WORK DONE | REMARKS | 01 Feb 2013(Friday) | PUBLIC HOLIDAY – HARI WILAYAH | | 04 Feb 2013(Monday) | -Report of duty. -Self introduction session and introduced to staff in Zulfahmy & Co.-A few of staff explains scope of work that will be done and the rules of the company.-View the file and document that has been audited by the company such as :- * PAF (Permanent Audit File ) – BLUE * CAF (Client Audit File) – YELLOW * TF (Tax File) – RED-View of the company’s background such as :- * Introduction about Zulfahmy & Co. * Corporate Vision * Professional services – auditing, consulting services, taxation, secretarial and accounting, internal audit services. -Learn on how to use fax machine. | Able to get to know the managers and other officers in the organization and their responsibilities. | 05 Feb 2013(Tuesday) | - Recall double entry treatment.-Learn and write name of the company, company’s account number, amount in the slip of Muamalat Bank, and deposit cheque at Muamalat Bank. After deposit the cheque we need to take the slip report and filing the slip in file.-Learn on how to use a Photostat machine.-Learn on how to do a casting (figure). | Understanding on how deposit check to bank muamalat. | 06 Feb 2013(Wednesday) | -View a blue file (permanent audit file) : * PILOT POWER SDN. BHD * NALURIAN SDN. BHD-Having a short quiz and interview with...
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...1st Briefing CHM4901 Internship 7 December 2012 DKD Info • • • • Coordinator Room Tel No Email : Norhazlin Zainuddin : 417 : 8946 6800 : hazlin@science.upm.edu.my Info • • • • Duration : minimum 8 weeks Date : 24th June to 16th August Managed by : Pejabat TDA, Fakulti Sains. Person in charge: Cik Nurul Dalila Sazali (6609) Learning outcomes At the end of this course, the student should be able to : • to use and support the knowledge obtained from the university during the training. (C6,CTPS) • to adapt the obtained knowledge in different circumstances. (P6) • to show independency. (A5, EM) Where Can I do my internship? • Malaysia • Abroad Which company should I choose? • Chemistry related company • laboratory • chemistry analysis/ testing • NOT administration work How to Apply? 1. Choose a company from the list given OR find a company yourself. 2. Fill in a form : from TDA office 3. Get approval from coordinator 4. Return the form to TDA office 5. Get an official letter from TDA to the company ( malay or english) 6. Send the letter in step 5 & resume How to apply? 7. Wait for the answer from the company ( 3-4 weeks) 8. No reply after 3-4 weeks, repeat Step 1 to 7. If accepted? • Please inform to TDA for further action. If rejected? • Please inform TDA office • Show the rejection letter • Make a new application What happen if U didn’t get a place? • Drop this course : – In Week 1-2 Semester 2: Without penalty – In Week 3 to...
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...researching had a particular problem with its on-going sickness levels. After researching more about this HR area I noticed that this year overall both in private and public sectors there have been a noticeable decrease in absence levels. However this year also sees an increase in “presenteeism” – people continuing to work when not well. This can have an effect for not only the individual but the organisation. Despite decreasing absence levels, it is imperative to continue to manage absence effectively, focusing on employee well-being. How I analysed and interpreted data The attached graph has been taken from a Hotel’s absence/sickness levels. I have looked at each department’s sickness records and figures from the last financial year 2012. After analysing the organisations sickness over the last 12 months and having taken figures from monthly HR records, I have interpreted the data and devised a graph. Each line on the graph shows the amount of days off sick each department has had per month. Findings The graph shows me that the organisation’s sickness levels could be better and are below average from other similar organisations that I further researched. It shows that it has a higher level of absence in the winter months than the summer months. This could be due to temperatures of weather and employees being off with cold and flu like symptoms. Also the epidemic of the Norovirus throughout December seemed to make its way round the hotel which led to a lot of absentees...
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...1 STAFF SELECTION COMMISSION Combined Graduate Level Examination, 2012 - Declaration of Final result SSC conducted CGL (Tier-I) Examination, 2012 on 01.07.2012 and 08.07.2012. Re-examination of certain candidates was held on 4.9.2012. Based on their performance in Tier-I, candidates were called for Tier-II Examination held on 3rd & 4th September, 2011. The result of Tier-II Examination for calling candidates for Interview/Skill Test was declared subsequently. Following Lists were declared:List-I: Candidates qualified in Tier-II for all Interview posts (other than Statistical Investigator/Compiler) – 5742 Candidates List-II: Candidates qualified in Tier-II for the posts of Statistical Investigator/Compiler - 1443 candidates List-III: Candidates qualified in Tier-II for all Non-Interview Posts - 19644 candidates List-IV: Candidates qualified in Tier-II for post of Tax Assistant – 27640 candidates 2. (i) Computer Proficiency Test (CPT) and Data Entry Skill Test (DEST) are of qualifying nature. CPT consists of 3 modules. Module I is the Data Entry Skill Test. Module II and III of CPT are on Spreadsheets and Power Point respectively, and each paper had 100 marks. Fixation of cut-off in Module I for evaluation of CPT Module II & III 2. (ii) The Commission decided to fix Cutoff of upto 5% mistakes for UR and 10% mistakes for other categories in Module I (same as DEST) for qualifying candidates for evaluation of Module II & III of CPT. Category-wise number of candidates qualified...
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...the company are the employees conditions abroad, the buying of reebok and it's sales drop last year 2012. In the website oxfam, which analyses the conditions of workers abroad, it is stated:" we asked Adidas to implement worker's rights in Indonesia". (Oxfam 1). The complaints relate to the the ongoing problems of not matching wages with the rising prices of food and supporting work abroad. This can become a greater issues because most manufacturing is done abrasive and foreign countries could rebel against western companies hence slowing down productions or damaging products. Source: https://www.oxfam.org.au/explore/workers-rights/adidas/talking-with-adidas/ Another issue is the acquisition of Reebok, although buying another company cuts competition it also bring greater responsibilities. According to article on sportsdailybusiness.com Adidas has not gained any profit from Reebok rather loss. As it states in the article that since the acquisition in 2006, Adidas has struggled to raise to power the brad, commercial irregularities have been caught and it has suffered through the NHL lockout. Buying companies may eliminate competition but can bring great loss to the company if the other company itself is doing midly poor. Source: http://m.sportsbusinessdaily.com/Daily/Issues/2012/11/09/Finance/adidas-Reebok.aspx Lastly but not least the sales have decreased in 2012. In Triple pundits progress report Adidas has failed to keep its promises to sale more and to change...
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