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Tuesday, April 10, 2012

Study Material for PO/RMS Accountant Examination

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Study Material for PO/RMS Accountant Examination


An Official drawing band pay of Rs 9120 plus grade pay of Rs 2400 in pay band 1 from 01.01.2010 is promoted on 01.03.2010 to a post in a pay band 2 with grade pay of Rs 4200/- He opts for fixation from the date of his increment .
Calculate his pay in the promoted post

Pay on 01.03.2010
Rs 9120 +2400

On promotion he will draw Rs 9120 + Grade Pay of Rs 4200 from 01.03.2010

Pay on 01.07.2010
9120

Grade pay in the lower Post
2400


11520

Increment due on 01.07.2010 ( 3 %)
350 ( 11520*3/100)

Total
11870

Add One increment on promotion 3 %
360 (11870*3/100)

(9120+350+360) +2400
12230

Pay on refixation from 01.07.2010
9830+4200= 14030


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For Further Reading,
EXAMINATIONS, IPO Exam

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I'm Satish B Neeralakatti, the founder of satish24k. I'm an Inspector of Posts in Department of Posts. I'm a common man with UNCOMMON DREAMS.
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