RBI Scholarships-2011

"Lost rights are never regained by appeals to the conscience of the usurpers, but by relentless struggle.... Goats are used for sacrificial offerings and not lions".Babasheb Dr.B.R.Ambedkar

Young Scholars Award Scheme-2011


To encourage learning about the Reserve Bank of India (RBI) among the youth of the country, the RBI conducts a major awareness and sensitization exercise on the role of the Reserve Bank and the banking system across the country. This exercise, ‘RBI Young Scholars Award Scheme’ exposes youngsters to an actual banking and financial environment and inculcates a sense of pride in the selected ones of having had the opportunity to associate themselves with a prestigious organisation, the central bank of the country.
1. Eligibility
(A) Educational Qualification: All students across India who have completed 10 + 2 years of formal education or its equivalent from recognized institutions/boards in 2010 or before and are currently pursuing their undergraduate studies. However, those having enrolled for or having acquired degree(s) higher than graduation will not be eligible. Candidates who have qualified and worked at RBI as a Young Scholar in any of the previous years are not eligible to apply again.
(B) Age: Candidates should be of age 18 years or more but less than 23 years as on September 1, 2010.
2. Number of Seats
A maximum of 150 young scholars would be awarded scholarship by the RBI every year under the scheme. Out of these, a maximum of 50 candidates may be selected through a test conducted in English medium. The rest, up to a maximum number of 100, shall be selected on regional basis through a test conducted in vernacular medium.
3. Entrance Examination
The entrance exam will be conducted in English, Hindi and 11 other regional languages. The regional languages will be Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Oriya, Punjabi, Tamil, Telugu and Urdu. The exam will be held at around 100 different locations spread all across the country. The indicative List of Centres is given in this notification.
4. Examination Pattern
The examination will be of objective type with multiple choices for answers. The paper will be of approximately 90 minutes duration and will have questions related to role and functioning of the RBI, the trend of banking industry in India and general economic and financial environment of the country.
5. How to prepare for the Exam
All related information including the syllabus for the examination is available on the RBI Website link www.rbi.org.in/youngscholars.
6. Placements and Project Assignment
The selected All India candidates and the Regional Candidates will be placed at the nearest Regional Office designated for the purpose, depending on the size of the office. The selected candidates will be required to work within the RBI on projects/assignments allocated to them by the respective Regional Director of RBI. They will be expected to complete the same in a reasonable time, subject to a maximum of 3 calendar months.
7. Stipend
During their stint with the RBI, they will be paid a consolidated monthly stipend of Rs.7500/- per head. For broken periods, the amount will be calculated on a pro rata basis.
8. Accommodation
During their stay with the RBI, the selected scholars who do not have a place to reside at the centre of placement will be assisted with accommodation for the duration of their project.
9. How to Apply
Candidates willing to apply for the scholarship may apply in the prescribed application form available on http://www.rbi.org.in/youngscholars.aspx either on line or offline. There is no fee for application or examination.
(A) Guidelines for Online Application
Candidates should have a valid email ID.
Go to the website and follow the instructions.
After applying online, the registered candidates should obtain a system generated printout of the registered information and sign at the appropriate place. A recent photograph should be pasted on the print-out and sent along with attested copies of the certificate on the address given below :
Project Co-ordinator
RBI Young Scholars Award Scheme   Project No.9277,Post Box No:7639  Malad (W), Mumbai- 400 064.

(B) Guidelines for filling Application Offline
Go to the website www.rbi.org.in/youngscholars
Download the application form for off-line mode.
Fill the form completely and paste your photograph at the appropriate place, sign at appropriate space and attach attested copies of all the relevant documents.
Project Co-ordinator,RBI Young Scholars Award Scheme,Project No. 9277,Post Box No:7639,Malad (W), Mumbai- 400 064.
All applications - sent online or offline - should be sent to the given address by ordinary post only.
Superscribe the envelope 'Application for the RBI Young Scholars Award Scheme 2010-11'
10. Last Date for Receipt of Application
The application and/or print-outs of application made online should reach the address mentioned above before October 22, 2010 by ordinary post. For the candidates staying abroad and for those posting print-out from Andaman & Nicobar Islands, Lakshadweep, Minicoy Islands, Assam, Meghalaya, Arunachal Pradesh, Mizoram, Manipur, Nagaland, Tripura, Sikkim, Ladakh Division of J & K State, Lahaul and Spiti District and Pangi Sub-Division of Chamba District of Himachal Pradesh, the last date for receipt of Print-out will be October 30, 2010. A print-out received after the last date will not be entertained.

The Reserve Bank of India/Institute of Banking Personnel Selection (IBPS) will not be responsible for any loss of application/print-out in transit or for rejection of application print-out because of non-receipt of print-out on or before the stipulated date.
13. Call Letter for the Written Test
Call letters for the written test to be held on January 9, 2011 will be posted to all the candidates through ordinary post under certificate of posting well in advance. However, if somebody does not get the same by January 5, 2011 he/she should download the same from the RBI website. To download the duplicate call letter candidates should know their application registration number which will also be sent by e-mail to the candidates who provide a valid email-id. Alternately, name and date of birth details can also be used for downloading the call letter from the website.

--------------------------------------------------------------------------------

GENERAL INSTRUCTIONS
a) Before applying for the scheme, the candidate should ensure that he / she fulfills the eligibility and other norms mentioned in the advertisement. Decision of the RBI in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the conduct of examination, selection and any other matter relating to scheme will be final and binding on the candidate. The RBI in this regard shall entertain no correspondence or personal enquiries. In case it is detected at any stage of selection that a candidate does not fulfill the eligibility norms, and / or that he / she has furnished any incorrect / false information or has suppressed any material fact(s), his / her candidature will stand cancelled. If any of these shortcomings is / are detected even after selection, his / her scholarship / stipend are liable to be terminated.
b) (i) Candidates must submit the attested photocopies of all the certificates in support of educational qualification, date of birth and caste / disability (if any).
(ii) Candidates, belonging to SC/ST/OBC and category should send an attested copy of their caste certificate issued by the competent authority.
However, these candidates will have to produce original caste certificate / relevant certificates at the time of reporting failing which his / her candidature will be cancelled.
c) A print-out not accompanied by copies of relevant certificates, where necessary, or not in prescribed format or not signed by the candidate or incomplete in any respect will not be entertained.
d) A recent, recognisable passport size photograph should be firmly pasted on the application and should be signed across by the candidate. Three copies of the same photograph should be retained for use at the time of written examination. Candidates are advised not to change their appearance till the selection process is complete. Failure to produce the same photograph at the time of written test may lead to disqualification.
e) Candidates should be willing to stay anywhere in India for project work / assignment.
f) Any request for change of address will not be entertained.
g) Any dispute relating to this Scheme shall be subject to the sole jurisdiction of the Courts situated at Mumbai only.
h) The RBI/IBPS takes no responsibility to connect any certificate sent separately.
i) In case any dispute arises on account of interpretation in version other than English, English version will prevail.
j) No candidate is permitted to use calculator, telephones of any kind, pagers or any other such instruments.
k) The candidates, including SC/ST candidates will appear for the written examination at the allotted centres at their own expense.
l) The RBI/IBPS may at its discretion hold re-examination wherever necessary in respect of a centre / venue / specific candidate(s).
m) Final selection of the candidates is subject to his / her being declared medically fit as per the requirement of the RBI.
n) Action against candidates found guilty of misconduct :
Candidates are advised in their own interest that they should not furnish any particulars that are false, tampered, fabricated or should not suppress any material information while registering the information.
At the time of Written Examination if a candidate is (or has been) found guilty of :
i) using unfair means during the examination or
ii)impersonating or procuring impersonation by any person or
iii) misbehaving in the examination hall or taking away the question booklet/ answer sheet from the examination hall or
iv) resorting to any irregular or improper means in connection with his / her candidature by selection or
v) obtaining support for his / her candidature by any means, such a candidate may, in addition to rendering himself / herself liable to criminal prosecution, be liable :

a) to be disqualified from the examination for which he/she is a candidate
b) to be debarred, either permanently or for a specified period, from any examination or recruitment conducted by RBI/IBPS.
vi) The RBI would be analyzing the responses of a candidate with other appeared candidates to detect patterns of similarity. If as per the laid down procedure it is suspected that the responses have been shared and the scores obtained are not genuine / valid, the RBI / IBPS reserves the right to cancel his / her candidature.
for further information visit RBI website:http://www.rbi.org.in/youngscholars.aspx

Indian Oil Academic Scholarships

“Unlike a drop of water which loses its identity when it joins the ocean, man does not lose his being in the society in which he lives. Man's life is independent. He is born not for the development of the society alone, but for the development of his self.”Babasheb Dr.B.R.Ambedkar

Every Year Indian Oil corporation awarding  scholarships to 450 Students, studying +1,Engineering and Medical college .  Out of 450 students 125 scholarships are  given to  SC/ST students.  Application are invited  during the month of September 2010.

Indian Oil Corporation Limited - India's largest commercial enterprise and the No.1 Indian Company in Fortune 'Global 500' listing - awards 450 Scholarships for meritorious students all over India, under the IndianOil Scholarships Scheme for each academic year.
As part of IndianOil's social responsibility programme, the scheme provides for attractive scholarships to bright students selected on 'merit-cum-means' basis. For each academic year, 450 scholarships covering the first year students of 10+ / ITI, Engineering, MBBS and MBA, have been formally announced through newspaper advertisements inviting applications under the IndianOil Scholarships Scheme.
As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from J & K as well as the Northeast States.

IndianOil Scholarship
Some frequently asked questions and answers could be as given below:-
Q.When can I apply for Indian Oil Scholarship ?
Q. How to apply for Indian Oil Scholarship ?
Q. Why downloaded Application format only?
Q. If I have not applied through online and send my downloaded application form, How can I track the status of my application ?
Q. I have lost my registration slip, how can I reprint it?
Q. How to know the details of the scholarship?
Q. Do I have to send the hard copy of Scholarship Application FORM ?
Q. Who can apply for the scholarship?
Q.Whatis start and end date for submission of application ?

Q. I have taken admission in second year of Engineering by lateral entry by completing Diploma / B.Sc., Am I eligible to apply.?
Q. What is the duration for which scholarship will be awarded?
Q. Once scholarship awarded, will scholarship amount be automatically sent to me?
Q. Once I apply, when will get the confirmation about selection?
Q. I had been Indian Oil Scholar during my last course of 10+. Now I am doing Engineering / MBBS will I automatically get the scholarship again?
Q. I want to know all about the Indian Oil Scholarships Scheme?
Q. When can I apply for Indian Oil Scholarship
Ans: From 1st September to 30th September Only
Q. How to apply for IndianOil Scholarship ?
Please visit IOCL website www.iocl.com and click on the link given there OR directly apply online on www.applicationnew.com/ioclscholar.If you are facing any problem in Online system then download application FORM from www.applicationnew.com/ioclscholar only and send to the address given.
Q. Why downloaded Application format only?
Ans: In case your are facing any difficulty in applying through Online System, download the Application Form from the website which will allot you a unique Application Form Number which you can quote for all future correspondence/ references.
Q. If I have not applied through online and send my downloaded application form, How can I track the status of my application?
Ans: Log on to www.iocl.com OR www.applicationnew.com/ioclscholar then click the button of 'Track your Application status (if applied offline)', fill your application form number and get your application status.
Q. I have lost my registration slip, how can I reprint it?
Ans: Log on to www.iocl.com OR www.applicationnew.com/ioclscholar then click the button of 'Online Registered User click here to check submission of application or viewing or re-printing your application', fill your email id( which mentioned while applying) and date of birth and get your registration slip.
Q. How to know the details of the scholarship?
Ans: Please log on to www.iocl.com OR www.applicationnew.com/ioclscholar. Besides Scholar ship Scheme is also advertised in the all the leading national and regional news papers on 1st September every year on all India basis. Only.
Q. Do I have to send the hard copy of Scholarship Application FORM ?
Ans: Not Necessary. If you apply online on www.applicationnew.com/ioclscholar you will be immediately registered online and you can print registration slip for your record. If you do not register/submit your application online and download the blank Application Form you will be required to fill-up the same and send by post to ACE Consultants, Post Bag No.: 9248, Krishna Nagar Head Post Office, New Delhi -110051.
Q. Who can apply for the scholarship?
Ans: Students who have taken admission in class 11th (10+)/first year of current academic year in ITI(2years course) in school/ institutions recognized by the central/State Governments and meet the eligibility criteria (details available on the website:www.iocl.com OR www.applicationnew.com/ioclscholar ) can apply for the scholarship.
Q. What is start and end date for submission of application ?
Ans: From 1st September to 30th September Only.
Q. I have taken admission in second year of Engineering by lateral entry by completing Diploma / B.Sc., Am I eligible to apply. ?
Ans: No
Q. What is the duration for which scholarship will be awarded?
Ans: For total duration of course but not exceeding four years. For 10+,ITI & MBA 2years.
Q. Once scholarship awarded, will scholarship amount be automatically sent to me?
Ans: No. The institute/college/school in which the scholar student is pursuing his/her course will send six monthly academic performance report in respect of each scholar which must be satisfactory. The respective institute must send the performance report of each Indian Oil Scholar to the administrator of the scheme (ACE Consultants ) certifying that the scholar has been satisfactorily promoted to the next academic session.
Q. Once I apply, when will get the confirmation about selection?
Ans: Potential candidates from top of the merit will be requested to send requisite documents. Only those found meeting the criteria in all respects will be recommended for award of the scholarship. After completing the official formalities/required approvals the list will be displayed on the website (after complete allotment of all vacancies) during Feb-April.
Q. I had been IndianOil Scholar during my last course of 10+. Now I am doing Engineering /MBBS will I automatically get the scholarship again?
Ans: No. You have to apply a fresh again and complete the formalities as per existing Terms & Conditions.
Q. I want to know all about the IndianOil Scholarships Scheme?
Ans: Indian Oil Corporation Limited - India's largest commercial enterprise and the No.1 Indian Company in Fortune 'Global 500' listing - awards 450 Scholarships for meritorious students all over India, under the IndianOil Scholarships Scheme for each academic year.
As part of IndianOil's social responsibility programme, the scheme provides for attractive scholarships to bright students selected on 'merit-cum-means' basis for each academic year covering the first year students of 10+ / ITI, Engineering, MBBS and MBA, will is formally announced through newspaper advertisements inviting applications under the Scholarship Scheme on September 1, every year, coinciding with IndianOil day. A period of one month is given to students for submission of their applications forms & relevant documents.
Out of the total 450 scholarships, 250 scholarships for 10+/ ITI students will be on zonal basis @ Rs. 1000/- per month for two years. Engineering (100) and MBBS (40) students will be awarded scholarships @Rs. 2000/- per month for four years, while MBA (60) students shall be entitled to a scholarship amount of Rs.2000/- per month for a duration of two years. As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from J&K as Well as the North East States.

Source : http://www.iocl.com/uploads/IndianOil_Scholarships_2010_Advertisement.pdf
              http://www.iocl.com/