Study Material for PO/RMS Accountant Examination

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 Share and Care

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