[narendra aryan]

Originally Posted by taskson

Government gets revenue majorly from the following ways:-
-> Taxes n duties as well (includes vat)
-> dividends on the shares of the psu it holds,i.e., like SBI, NTPC, SAIL,ONGC, BSNL n other companies owned by govt.
-> investments (mutual funds, shares ,bonds etc)

taxes n duties are the major source of revenue for the govt

but GOI's major source of revenue is income tex

[tapas.1947]

Originally Posted by swati_kapoor

hii...

Kindly help me regarding this issue.....during online registration for CENTRAL BANK PO...i m making payment thru FPR....bt its askin for the DD details...like dd no. , MICR...etc...i cannot proceed cause i have FPR not DD...what shall i do...please guide me as the last date is 5th of july...

One option is there - "if the the payment is mede online" - select yes and proceed........

[taskson]

Originally Posted by narendra aryan

but GOI's major source of revenue is income tex

that is wat i meant dude ..... taxes inlcude everything ur income tax , vat ....

[gladiatorghosh]

Originally Posted by taskson

that is wat i meant dude ..... taxes inlcude everything ur income tax , vat ....

actually this question was a bit tricky...the reason being it didnt hd options like excise duty,customs duty,import duty which contribute more percentage share than Income tax.....so I m nt confident bt the answer.....

[well_itz_me]

iob interview experience:
i m am elctronics engg grad. cant remember everything that was asked in those 20 min. but watever i can here it is:
1. opinion about private engg colleges(as mine was one)
2. they asked the area of preparation n i said basucs of economics and banking so the questions followed:
3. capital market
4. money market
5. intangible networth
6. call money
7. parallel economy(black money)
8. rtgs
9. neft
hope fellow puys find it helpful!!
i request all other puys to share there interview experience.

[yk_srk]

If options had a choice of Corporate Tax, that wud have been the answer. otherwise. Income Tax is the answer. Because Corporate tax is part of income tax.

Originally Posted by taskson

Government gets revenue majorly from the following ways:-
-> Taxes n duties as well (includes vat)
-> dividends on the shares of the psu it holds,i.e., like SBI, NTPC, SAIL,ONGC, BSNL n other companies owned by govt.
-> investments (mutual funds, shares ,bonds etc)

taxes n duties are the major source of revenue for the govt

[yk_srk]

Buddy Corporate earnings also fall under the purview of Income Tax. so Income tax is the right answer

Originally Posted by gladiatorghosh

actually this question was a bit tricky...the reason being it didnt hd options like excise duty,customs duty,import duty which contribute more percentage share than Income tax.....so I m nt confident bt the answer.....

[kartik007]

Originally Posted by prad_rev

Thanks for the reply. postings aside though, I am thinking about the growth and promotion opportunities in both the fields. Can u throw some light on these aspects?

career growth is same in both the fields, pls go ahead with what ur inner instinct is saying. Both the oppurtunities r great.

[Ishita_wicked]

Originally Posted by coolraj420

Did u give ans to all thz qns???
mujhe to inme se ek ya do aaega....

Cudnt answer the one on deferred liabilities. The rest I was able to answer but not as eloquently may be as I wud have liked to.

[tapas.1947]

Originally Posted by prad_rev

Thanks for the reply. postings aside though, I am thinking about the growth and promotion opportunities in both the fields. Can u throw some light on these aspects?

Apart from the postnig issue, d main advntg is - officers of insurnc sector get huge amt of incentive as a % ge of the insurnc made...... And the job as a PO demands more responsibility and a bit tensional.......