Gujarat Post Gramin Dak Sevak(GDS) Recruitment 2017:
Apply Online Start Again(Last Date:05/08/2017)
A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day
Age Limit: The minimum and maximum age for the purpose of engagement to Gramin Dak Sevaks posts shall be between 18 and 40 years as on the last date of submission of application through online. The maximum age shall be relaxable by 03 (three) years to those belonging to OBC categories and 05 (five) years in case of candidates belonging to SC/ST. [10 years for PH above the respective category]
Educational Qualification: The candidate should pass 10th standard from approved state boards by the respective State Govt. / Central Govt. The Candidate passed 10th class examination in first attempt will be treated as meritorious against those passed compartmentally.
Computer Knowledge: The candidate should have computer knowledge and will be required to furnish basic computer training certificate for at least 60 days from a recognized Computer Training Institute. This requirement of basic computer knowledge certificate shall be relaxable in cases where a candidate has studied computer as a subject in Class X or Class XII or higher educational qualification.
Selection Process: Selection will be made as per the automatic generated merit list as per the rules based on the candidates online submitted applications. No weightage will be given for higher educational qualification. Only marks obtained in 10th standard of approved Boards aggregated to percentage to the accuracy of 4 decimals will be the criteria for finalizing the selection.
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