OMO Purchase of Government Securities

OMO Purchase of Government Securities

An open market operation (also known as OMO) is an activity by a central bank to buy or sell government bonds on the open market. A central bank uses them as the primary means of implementing monetary policy. The usual aim of open market operations is to manipulate the short term interest rate and the supply of base money in an economy, and thus indirectly control the total money supply, in effect expanding money or contracting the money supply. This involves meeting the demand of base money at the target interest rate by buying and selling government securities, or other financial instruments. Monetary targets, such as inflation, interest rates, or exchange rates, are used to guide this implementation

Since most money now exists in the form of electronic records rather than in the form of paper, open market operations are conducted simply by electronically increasing or decreasing (crediting or debiting) the amount of base money that a bank has in its reserve account at the central bank. Thus, the process does not literally require new currency. However, this will increase the central bank's requirement to print currency when the member bank demands banknotes, in exchange for a decrease in its electronic balance.
When there is an increased demand for base money, the central bank must act if it wishes to maintain the short-term interest rate. It does this by increasing the supply of base money. The central bank goes to the open market to buy a financial asset, such as government bonds. To pay for these assets, bank reserves in the form of new base money (for example newly printed cash) are transferred to the seller's bank and the seller's account is credited. Thus, the total amount of base money in the economy is increased. Conversely, if the central bank sells these assets in the open market, the amount of base money held by the buyer's bank is decreased, effectively reducing base money.
The process works because the central bank has the authority to bring money in and out of existence. They are the only point in the whole system with the unlimited ability to produce money. Another organization may be able to influence the open market for a period time, but the central bank will always be able to overpower their influence with an infinite supply of money

COMMONWEALTH SHARED SCHOLARSHIP SCHEME 2014

Commonwealth Shared Scholarships are for taught Master’s courses only. All courses undertaken must be demonstrably relevant to the economic, social or technological development of the candidate’s home country. Awards are available at participating institutions in the UK only.
Commonwealth Shared Scholarships 2014 prospectus – includes full details of the UK institutions offering Shared Scholarships in 2014.
Please note that participating universities are required to support the student stipend for the award holder (at the rate set by the UK government). The CSC funds the cost of tuition fees (at overseas rate), return airfares, and other allowances.
Eligibility

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Applicants must:
be nationals of (or permanently domiciled in) a developing Commonwealth country, and not currently be living or studying in a developed country (please see the Commonwealth Shared Scholarships prospectus 2014 for a list of eligible countries)
hold a first degree at either first or upper second class level
be sufficiently fluent in English to pursue the course
have not previously studied for one year or more in a developed country
be able to confirm in writing that neither they or their families would otherwise be able to pay for the proposed course of study
be willing to confirm that they will return to their home country as soon as their period of study is complete
How to apply
All applications must be made through the university at which you wish to study. You must check with them in the first instance for specific advice on eligibility and how to make an application, and for their own closing date.
The CSC expects all Commonwealth Shared Scholarship candidates to be nominated by a university, and to have completed an application form using our Electronic Application System (EAS).
Full help on how to apply using the EAS is provided in our guides, which should be read in full before making any attempt to use the EAS.
The EAS will close to applicants on 16 April 2014 and no further applications can be made after that date. Please note that some university closing dates may be before 16 April, and that some universities may require candidates to complete a university application form, in addition to the EAS.
All universities are asked to forward their nominations to the CSC no later than 30 April 2014 using the EAS. The CSC will not accept any applications which are not submitted via the EAS to a university.

The Oxford and Cambridge Society of India (OCSI) Scholarships 2014 Guidelines

The Oxford and Cambridge Society of India is offering scholarships for admission to the University of Oxford and the University of Cambridge in the academic year 2014-15, as below:

• One OCSI scholarship worth INR 400,000 (Rupees Four Lacs only) tenable at either the University of Cambridge or the University of Oxford
• One scholarship worth INR 100,000 (Rupees One Lac only) tenable only at Emmanuel College, University of Cambridge
• One scholarship worth INR 100,000 (Rupees One Lac only) tenable only at St. Hilda’s College, University of Oxford

Application forms and further details of the scholarships are available as downloadable files below:

Guidelines for the OCSI Scholarships 2014

Application form

Dr Manmohan Singh Scholarships uk

The University of Cambridge has long and strong ties with India.  Many of India’s leading politicians, businessmen and scientists are Cambridge alumni. St John’s College, one of the largest of the Colleges in Cambridge, has had particularly extensive links over many years.

Dr Manmonhan Singh, the Prime Minister of India, is a graduate and Honorary Fellow of St John’s College. He is widely acknowledged as the architect of the economic reforms that have helped propel India onto the World Stage. In honour of Dr Singh St John’s College has launched the Dr Manmohan Singh Scholarships. These awards will enable academically outstanding Indian students to come to St. John’s College, University of Cambridge to study for doctoral degrees in subjects like Science & Technology, Economics and Social Sciences.

Applications in Aerospace Engineering and Energy Studies will be of particular interest.

Value of the Award

The scholarships are fully funded, and cover:

academic fees
international airfare
monthly stipend to cover living expenses
UK visa.
This programme is now closed for applications. We will continue to update this space with information.

Eligibility criteria

The applicant should be:

An Indian national with a valid Indian passport and currently based in India.
Below 35 years  of age, as on 15 January 2014.
Not already had significant exposure to UK education or received UK government funding.
Should hold a Master’s (postgraduate) degree from a reputed/recognised  India university/institution with a First Class award (UG and PG) in the relevant subject/field.
Evidence of leadership qualities (to be assessed from personal statements e.g. extracurricular activities and/or evidence of having made a difference to the country/society/participation in symposia in the relevant subject, or peer reviewed publication in the area).
Keen to pursue and should have identified a full time Doctoral Research degree from the University of Cambridge commencing September/October 2014
Fluent in spoken and written English.
Able to fulfil any other admission criteria laid down by the University.

Application process

It is the responsibility of the applicants to identify a suitable Doctoral programme and supervisor at the University of Cambridge, apply for a place for September/October 2014 and secure admission.

Identify a suitable doctoral  programme  and supervisor at the University of Cambridge.
Applicants to visit the Board of Graduate Studies (BoGs) website: http://www.admin.cam.ac.uk/students/gradadmissions/prospec/ and make formal application to the University at the same time as to the Dr Man Mohan Singh Scholarships.
Applicants to select St John’s College as their first choice College on their BoGs application form.
Applicants to indicate on their BoGs form that they are applying for the Dr Manmohan Singh Scholarships, but also to complete the section applying for funding from the University.
Apply for the Scholarship on the prescribed format by 15 January 2014 and submit it to the British Council
Notes:

Only those applicants who get an offer of admission at St John’s College will be eligible for the award of the Scholarship.
Candidates should NOT approach St John’s College directly at this stage.

Selection

Candidates for these scholarships are selected through a process of short listing from the applications received by the British Council, followed by personal interviews, which will be held in New Delhi .

Subsequent to the interviews the selection committee identifies the required number of candidates for the awards. The decision of the selection committee will be final. Selection results will be communicated within a month following the interview.

Post selection

Pre-departure briefings, UK visa and travel arrangements for the selected candidates will be co-ordinated by the British Council.

General Notes

The British Council will acknowledge receipt of applications through the emails provided on the application form. For this purpose, applicants are requested to provide their latest email ids. However, the British Council will not be responsible for failure of on-line delivery.

The British Council will further contact only the short-listed candidates inviting them for interviews. Applicants are requested not to contact the British Council office directly.

Short-listed candidates will be interviewed in New Delhi. Candidates will be expected to make their own travel and accommodation arrangements

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Tata Scholarship for Students from India

Thanks to a generous gift from the Tata Education and Development Trust - a philanthropic affiliate of India’s Tata Group - a $25 million endowment has been established that will allow Cornell to provide financial aid to undergraduate students from India.

The Tata Scholarship Fund will support approximately 20 scholars at any given time and will ensure that the very best Indian students have access to Cornell, regardless of their financial circumstances. The scholarship will be awarded annually; recipients will receive the scholarship for the duration of their undergraduate studies at Cornell.

Ratan Tata ’59, BArch ’62, is a Cornell trustee and the chairman of Tata Sons, the holding company of the Tata Group, one of India’s oldest, largest, and most respected business conglomerates. Mr. Tata is one of the most respected business leaders in the world and has received numerous prestigious honors recognizing his impact through his work and philanthropy.


Qualifications

To receive the undergraduate scholarship, a recipient must:

be a citizen of India and have attended secondary school in India;
be offered admission to Cornell as an undergraduate student;
be eligible for need-based financial aid.
Preference will be given to qualified students accepted to the College of Architecture, Art, and Planning; the College of Engineering; the Applied Economics and Management major in the College of Agriculture and Life Sciences; and majors across colleges in the biological sciences, physical sciences, and other “hard” sciences, as well as the social sciences.

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Maximum eligible ranks for entrants to professional courses in AY 2013-14

Course Category and States	Maximum Eligible Rank
Engineering and Technology (BE, B Tech) Courses
AIEEE(All India Engineering Entrance Exam) (All India Rank)	1,00,000
Andhra Pradesh, Tamil Nadu, Maharashtra, Madhya Pradesh and Karnataka	7,500
Haryana, Rajasthan, Kerala, Gujarat, Odisha, Punjab, West Bengal and Chattishgarh	4,000
Uttarakhand, Himachal Pradesh, Delhi, Puducherry, Jharkhand, Bihar, Assam and Jammu & Kashmir	2,500
Goa, Chandigarh, Sikkim, Meghalaya, Tripura, Arunachal Pradesh, Manipur and Andaman & Nicobar Islands	500
Medicine (MBBS) Course
Karnataka, Maharashtra, Andhra Pradesh and Tamil Nadu	1,000
Uttar Pradesh, Kerala, Gujarat, West Bengal, Madhya Pradesh, Rajasthan, Punjab and Puducherry	750
Delhi, Odisha, Bihar, Haryana, Assam, Uttaranchal, Jammu & Kashmir, Jharkhand, Chattisgarh, Himachal Pradesh, Manipur, Tripura, Goa, Chandigarh and Sikkim	500

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Scholarships foundation for excellence

Brilliance needs to be nurtured, We do just that.

New, first time applicants are eligible to apply for a scholarship only when they are in the first year of a professional degree course in engineering, technology or medicine. To qualify for a scholarship, applicants must meet certain academic excellence and family income requirements.

Academic Eligibility Criteria

The academic eligibility criteria for professional courses in engineering, technology and medicine are:

Only the professional degree courses BE, B Tech and MBBS are eligible for scholarships. Diploma students admitted to BE, B Tech courses on a lateral basis are not eligible.

Only first year applicants beginning their studies in BE, B Tech or MBBS in the academic year 2013-14 are eligible.

The applicants should have passed their Higher Secondary/Pre-University/Intermediate/ CBSE/ISC or equivalent board qualifying examination not earlier than in 2012.

The applicants should have scored not less than 70% marks at the qualifying examination.

The applicants' admissions to their professional degree courses/institutions should be on the basis of the open/general merit rank awarded to them at the state or national level entrance tests or through a counselling process conducted at the state level (as in the case of Tamil Nadu), as per the table given below.

Applicants who have obtained admission to IITs and medical colleges on the basis of national level tests (JEE, AIPMT, etc.) will be considered as special cases on the basis of their respective merit ranks/marks scored and financial need.

For students joining IITs, the eligibility/selection cutoff criteria will be the total marks scored at the IIT JEE by the last ranked General Category student admitted.

Maximum eligible ranks for entrants to professional courses in AY 2013-14

Course Category and States	Maximum Eligible Rank
Engineering and Technology (BE, B Tech) Courses
AIEEE(All India Engineering Entrance Exam) (All India Rank)	1,00,000
Andhra Pradesh, Tamil Nadu, Maharashtra, Madhya Pradesh and Karnataka	7,500
Haryana, Rajasthan, Kerala, Gujarat, Odisha, Punjab, West Bengal and Chattishgarh	4,000
Uttarakhand, Himachal Pradesh, Delhi, Puducherry, Jharkhand, Bihar, Assam and Jammu & Kashmir	2,500
Goa, Chandigarh, Sikkim, Meghalaya, Tripura, Arunachal Pradesh, Manipur and Andaman & Nicobar Islands	500
Medicine (MBBS) Course
Karnataka, Maharashtra, Andhra Pradesh and Tamil Nadu	1,000
Uttar Pradesh, Kerala, Gujarat, West Bengal, Madhya Pradesh, Rajasthan, Punjab and Puducherry	750
Delhi, Odisha, Bihar, Haryana, Assam, Uttaranchal, Jammu & Kashmir, Jharkhand, Chattisgarh, Himachal Pradesh, Manipur, Tripura, Goa, Chandigarh and Sikkim	500

Financial Support for those who need it the most

The gross family income criteria is Rs. 1,20,000 per year. Gross income refers to the income before deductions for taxes or other purposes.

In addition to gross family income, the education and occupation of parents as well as family members including elder brother(s) and sister(s), the family's living conditions and the total expenses being incurred by the family on the applicant's education will be taken into consideration for determining the financial eligibility of an applicant.

Applicants who are the first graduates of the family will be preferred over applicants who are the second or third child of the family taking up graduation.

Where parents of applicants are employees, a salary/pay slip from the employer is mandatory. The salary/pay slip should clearly show the family member's gross monthly salary with full details of his/her basic salary and all allowances and deductions. The employer and the facilitator should certify the salary/pay slip. Submission of an Income certificate from a local or other government authority in lieu of a salary/pay slip is not acceptable.

Where parent(s)/guardian(s) are retirees/pensioners, a pension statement from the pension authority and/or from an authorized bank showing the gross monthly pension of the family member, inclusive of any supplementary allowances and before any deductions is required. Pensioners should also provide documents to show the official status or designation, gross salary drawn at the time of retirement and the name of the employing organization. If the parent/guardian has recently retired under a voluntary retirement scheme, reasons for retirement, and amount of lump sum benefits received on retirement should be disclosed.

Where parent(s)/guardian(s) are in business or self-employed, income certificate issued by any government authority or the income tax return should be submitted in support of the gross family income specified in the application. Specific details of the nature and size of the business or self-employment should also be provided.

Where parent(s)/guardian(s) are agriculturists or have farming or cultivation as their source of income, an income certificate from a recognized or competent authority should be submitted. Details of the nature and size of the land holding, crops grown, etc. wet or dry land irrigation should also be provided.

Apply Via Post

Prospective applicants should send the following information by post to the FFE office at the following address by no later than 30 September.

Full name:

Full postal address, including PIN code:

Email address (required):

Mobile Phone No. (if available):

Father's name, age, education and occupation:

Mother's name, age, education and occupation:

Other family members - name, age, education and occupation:

Gross annual family income (before deductions): Rs.

Indicate if family status is below poverty line (official certificate will be required):

Higher secondary school/pre-university/intermediate college examination (Year of passing):

Full name of school/college of studies:

Marks obtained and %:

Professional course entrance test/examination name and year test/exam taken:

Overall general/open state/all-India merit/counselling rank:

Full name of college of professional study, if already admitted:

Send this info to:

FFE Office,

840 MHT House, 1st Floor, 5th Main,

Indiranagar, 1st Stage,

Bangalore 560 038

HYDERABAD METROPOLITAN WATER SUPPLY & SEWERAGE BOARD

HYDERABAD METROPOLITAN WATER SUPPLY & SEWERAGE BOARD

Please Note:

1. Duly filled in Application along with necessary documents should be submitted only at:     O/o. Deputy General Manager, Single Window Clearance cell, HMWSSB, Khairatabad.

2. For Processing the file an amount of Rs.500/- for 15mm Size connection and Rs.1000/- for other size will be levied.  This fee will be adjusted towards     the charges to be paid by the applicant if the connection is subsequently sanctioned. In case, the Board is unable to give the sanction, the     processing fee  will be returned to the Customer.  In case the applicant Fails to take the connection within 30 days after sanction, the amount will be     forfeited by the Board.

3. For 15mm dia connection, a sump with 1000 litres capacity (L4ft x B-3ft x D-3ft) is to be constructed before the connection is released.  The location     of the sump should be within 3 meters from the compound wall where the connection is given, to ensure minimum presssure loss and adequate supply.

4. The water and sewer connection will be given by HMWSSB's Green Brigade only for which an amount of Rs. 1500=00 (Rupees one thousand     five hundred only) will be charged towards road cutting, excavation, cost of 15mm dia pipe, laying etc, complete for a length of 35 Rmt. (Max.)

Student scholarship service

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Application for Trade License Municipality

Application for Trade License 

Trade Owner-I

Name: ________________________________________________________________________________________

Sur Name: ____________________________________________________________________________________

Pan card No: _________________________________ Relationship Type: Father/Husband

Father's/Husband's Name: _______________________________________________________________________

Father's/Husband's Surname: _____________________________________________________________________

Owner SSID: ___________________________________ Tin/GST No: _________________________

Address

Door No: ______________________________________ Street: ______________________________

Village/City: ____________________________________

State: _________________________________________ District: _____________________________

Pin Code: ______________________________________

Contact Detail

Landline Phone No: _______________________________ Mobile No: __________________________

Fax: ____________________________________________ E Mail address: _______________________













 Trade Owner-II

Name: ________________________________________________________________________________________

Sur Name: ____________________________________________________________________________________

Pan card No: _________________________________ Relationship Type: Father/Husband

Father's/Husband's Name: _______________________________________________________________________

Father's/Husband's Surname: _____________________________________________________________________

Owner SSID: ___________________________________ Tin/GST No: _________________________

Address

Door No: ______________________________________ Street: ______________________________

Village/City: ____________________________________

State: _________________________________________ District: _____________________________

Pin Code: ______________________________________

Contact Detail

Landline Phone No: _______________________________ Mobile No: __________________________

Fax: ____________________________________________ E Mail address: _______________________















 Trade Owner-III

Name: ________________________________________________________________________________________

Sur Name: ____________________________________________________________________________________

Pan card No: _________________________________ Relationship Type: Father/Husband

Father's/Husband's Name: _______________________________________________________________________

Father's/Husband's Surname: _____________________________________________________________________

Owner SSID: ___________________________________ Tin/GST No: _________________________

Address

Door No: ______________________________________ Street: ______________________________

Village/City: ____________________________________

State: _________________________________________ District: _____________________________

Pin Code: ______________________________________

Contact Detail

Landline Phone No: _______________________________ Mobile No: __________________________

Fax: ____________________________________________ E Mail address: _______________________















 Trade Details

Trade Title: ___________________________________ Trade Nature: Temporary/Permanent

From Date: ___________________________________ To Date: ____________________________

Address

Door No: ______________________________________ Street: ______________________________

Village/City: ____________________________________

State: _________________________________________ District: _____________________________

Pin Code: ______________________________________ Location Details: ______________________

Contact Detail

Landline Phone No: ______________________________ Mobile No: __________________________

Fax: ___________________________________________ E Mail address: _______________________

Category Type: __________________________________ Sub Category: ________________________

Whether Documents enclosed: Yes/No License required: _____________________

Document Details-I

Document Name: ________________________________

Document Details-II

Document Name: ________________________________

Document Details-III

Document Name: ________________________________