HI

Decided to start once again blogging.

Hope to hang on it.

Winner Nidhi

DIWANGI in marathi

Hi,

I recommend all my marathi reading friends to

http://diwangi.blogspot.in/

KHUSHAL

Nidhi's Prize Winning Drawing Ganeshotsav 2013

Nidhi's Prize Winning Drawing Ganeshotsav 2013

Theme - Ganesh Drawing

Nidhi drawn "Leafy Ganesh"

Carrom Tournament Winner

Carrom Tournament Winner - Men's Single - 15/08/2013

Nidhi accepting Awards - 15/08/2013

Nidhi accepting Awards - 15/08/2013 for Drawing & other sports activities

Nidhi's Prize winning drawing 15th August 2013

Nidhi's Prize winning drawing 15th August 2013

Finish this sentence: “When I look in the mirror, I . . .

This is the topic for blog - courtesy PLINKY.com

Let me try to complete it..

"When I look in the mirror, I just glance and forget". 

khushal

Married Women's Property Act - 1874

 Married Women's Property Act - 1874

The following article is emailed by one of my collegue, the same is published in my blog as I feel this information needs to be shared.

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Married Women's Property Act - 1874

How sure are you that your wife and children's future is secured after your death? This question must be haunting all those who are the only source of income for their family. We work hard, save our income, make investments in various instruments. But incase you have a long list of creditors waiting at your doorstep when you die, these investments will be distributed amongst them with a court settlement. What about your wife and your child then? Don't you wish to have an investment, which is free from court attachments, tax attachments and also creditors?

Your wish may come true with the help of Married Women's Property Act (MWP), 1874. The importance of the act is its simple method of creating a benefit for wife and children. Under MWP Act, a trust is created under which the money is absolutely safe. It is free from creditors, court attachments and also tax attachments.

Insurance under Married Women's Property Act

Every married man (which includes a widower) can take out an insurance policy under the provision of the Act (Section 5) for the benefit of wife and/or children. However, Amarjit Kaur, Advocate, High Court informs, "If the insurance is taken under MWP Act, the policyholder (in this case, a married man) will lose all control over the policy except payment premiums from day one and policy will become a trust (wife) property".

The beneficiaries will only be wife and children. For example, in case the policyholder i.e. the husband was in debt before he died, his creditors will get nothing out of this policy, not even with the help of the court. Therefore, the policy becomes free from the vice of policyholder's creditors, court/attachments or even tax attachments etc. "MWP act is applicable for all married women of all the religions. The policy will take care of only the wife and the children completely, " explains Amarjit Kaur.

Trust/ trustee 

Policyholder can appoint trust / trustees. It could be his wife or his adult child. The policy becomes the trust property. In the absence of this, official trustee of the state will be the trustee. The policyholder will have no stake in the policy.

The moment the policy is issued it shall insure as a trust, without the requirement of a stamped deed under Indian Trusts Act. There is no need for creating a separate Trust.

Beneficiaries 

When a policyholder chooses the beneficiaries as a class, the wife and children surviving with the policyholder till the date of maturity shall be the beneficiaries. Further no changes whatsoever can be effected without the consent of beneficiaries. Only wife and children can be beneficiaries. They can act as beneficiaries either alone or as follows:

Wife alone 

Children alone 

Wife and children alone 

Existing wife by name 

Existing children by names 

Existing wife and children by names

Disadvantages 

According to Amarjit Kaur, there are no disadvantages as such in MWP Act. But she says that the act is just uncommon. "Not many people know about it. Secondly, men who like to have control over the house or who like to take all financial decisions would never opt for this act."

Ideal for:

People running business on borrowed capital.

People who have not made sufficient provision for wife and children financially.

People who consider that it is imperative to make certain amount available for wife and children free from creditors and court attachments.

For more on marriage and money, log on to www.moneycontrol.com


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source :  email from my colleague / monycontrol.com

with regards,

Khushal

Preparing for Interview?

Dear Friends,

How did I prepared for my promotional interview?

Since I am PSU Employee, I have not faced many interviews.  Even at the time of entering in the organisation, my interview was more like a formality.

Same way, when I prepared for my first interview from Assistant Grade to Officer Grade, vacancies were more than the required no. of persons, so I got the promotion (plus my qualification too helped me) even though I was nervous & fumbled in interview.

However  just before my latest promotion, I have appeared for 2 interviews for foreign posting and I failed miserably.  There were two rounds in each interview, however I could not qualified for 2nd round in both the cases.

It was disheartening, however when I analyzed, I found that my preparation for the subject interview was not proper.

Therefore, before going for my promotional interview, I have decided to have strategy. 

I briefly outline my efforts as under:-

I collected & read motivational books to get lead / ways to find the solution of my problem (i.e. how to prepare for my interview). I also "googled" for tips & tricks.

I found from one of the book that to talk with the person who are successful  / recently passed through the task.  I should select any person who has good knowledge about my capability & weakness and ask him to objectively inform me what to do?

From that moment onwards, I gone & met, few of my friends, several Divisional In Chargres of our Offices, talked to my Regional Managers & those people who are at higher offices & related to HRMS / interview.

I frankly informed that I am unable to prepare for interview properly & fear or uneasiness crept in just before interview.  How to dispel my fear & become confident?

The gist of discussions /books / "googled articles" were :-

1) I should be dressed properly (wearing a tie for male is plus point) & reach the interview place in advance.

2) Since all my Appraisal Reports for last 3 years are kept in front of interviewer, I must  go through my last 3 years CR and recollect all the works I have done & written in CRs.

3) I have to read atleast for a week, leading daily (newspapers) and note down the important events for preparing general knowledge questions.

4) I should memorise the names of our CMD, GMs & Business Completed, Profit of our Company, RO & DO for office related questions.

5) I should brush up my core area knowledge e.g. miscellaneous insurance to face any questions related to my working.

The above all are basic requirements but the interesting facts which they told me / summarised are :-

By passing department test it is proven that you are intelligent enough to qualify for this post as far as job knowledge is concern.  So the question is not about your knowledge but about your preparation for facing the interview.

Dont underestimate yourself, the person who is taking the interview is interested in knowing you and not in grilling you. 

Since we have not made any mistakes by passing exam, we should be full of positive energy to face the next step.

In interview our attitude is counted, we should not be too nervous & anxious & unable to coverse.

To avoid nervousness, we should go for mock interviews with our seniors, friends or any other outside organisation.  This will make us familiar with feeling. When you get feeling of "been there, done that", you mentally become ready to face interview.

Our answers to questions should not be YES / NO, i.e. only one word.  We should try to give one line or two lines answers. 

Whenever any questions are popped up where we are strong, we should build up our conversation around that area and keep on informing our achievements & capabilities on the subject. 

In our core area, we can talk positively & confidently and leave a good impression, so we should have proper preparation for that point.

Whenever we dont know about the answers we should say " Sir / Madam, I dont know or I am aware but I am unable to recollect now."  In any case, you should not bluff.  Even though you have to repeat the above sentence more than 3 times. 

However if you keep on repeating the above sentence then you know,... start preparing for next written exam.

Oh.. I should not end in negative..

I strongly believe that if you can pass the written exams, you can easily take on 3 people by your smooth talking.

Therefore..

1) Prepare for interview seriously. 

2) Go for mock interviews. Try to polish your english & communcation skill.

3) Prepare list of expected questions & your probable answers. Show to your friends/ Seniors for any suggestions.

4) Remain confident before, during & after interview.  Keep a broad smile on your face & everything will turned positive.

GOD helps those who help themselves.

I now await for your success stories.,,

OK.. I have not narrated my actual experience as it is, because even after knowing so many things & preparation, I am not satisfied with my efforts.

I am sure that you all do much better than me.

BEST OF LUCK.

Khushal

13th June, 2013