Nainital Bank Recruitment Exercise for Management Trainees 2017-18
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The Nainital Bank Ltd. Recruitment Exercise for Management Trainees 2017-18
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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 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
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 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
Qualification as on 31.07.2017: Candidate should have passed Graduation/ Post Graduation with minimum 55% of marks in either of Graduation/ Post Graduation examination in the streams of Arts/ Science/ Commerce/ Agriculture/ MBA/ B.Tech/MCA/BCA from a recognized university/ Institute. Proficiency in Computer knowledge and knowledge of Hindi & English languages are essential.
Age: Candidate should be in the age group of 21 -27 years, as on 31.07.2017. Upper age limit is relaxable by -5- years for candidates belonging to SC/ST category only.
Application Fee: Rs. 850.00 (Rupees eight hundred fifty only) PLUS GST @ 18%- Rs. 153.00 (Rupees one hundred fifty three only), Total Fee Rs. 1,003.00 (Rupees one thousand three only) for all categories of candidates (nonrefundable).
More Details: Please Read Official Notification.
How to Apply: Interested and Eligible Candidates may Apply Online Through official Website.
Important Dates:
• Commencement of on-line registration of application: 23/08/2017
• Closure of registration of application: 12/09/2017
• Commencement of on-line registration of application: 23/08/2017
• Closure of registration of application: 12/09/2017
Notification: Click Here
More Details Official Site: Click Here
Apply Online: Click Here
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