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Do I qualify for OBC reservation with a Chhattisgarh certificate in J&K?

Rajesh Kumar

Rajesh Kumar Singh  |22 Answers  |Ask -

IIT-JEE, GATE Expert - Answered on Dec 24, 2024

Rajesh Kumar Singh is a mining engineer with 28 years of work experience.
During his career, he has served as the head of the mining department and as vice president of Balasore Alloys. He is currently a visiting professor at Mewar University where he teaches BTech students.
Rajesh Kumar topped his batch in BTech mining from BIT, Sindri.
A gold medallist, he has cracked the GATE (Graduate Aptitude Test in Engineering) twice -- in 1993 and 1994 -- with an All India Rank of 14 in 1994.
He has also cleared the Indian Institute of Corporate Affairs (IICA) Independent Director Test.... more
Asked by Anonymous - Sep 14, 2024Hindi
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Is I get benefit of obc reservation if I have central government obc certificate of Chhattisgarh and domicile of jammu and kashmir in neet counselling as I belong to Chhattisgarh but living in j and k for more than 15 years

Ans: Domicile certificate is enough to get state reservation
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Milind

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Insurance, Stocks, MF, PF Expert - Answered on Dec 24, 2024

Asked by Anonymous - Dec 24, 2024Hindi
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Hello i am almost 30 now I have invested around 40 lakhs in Market (mutual funds plus equity) 6 lakhs ppf maybe 2 lakhs pf I have parental property of combining around 2.5cr I have my parents helath insurance from a private insurance company, also covered by cghs health scheme,so no major worries about health expenses, for me i have 10lakhs health insurance Apart from this we have family pension also. As of now overall i have a monthly income of around 2-2.25 lakhs. I have a car a bike a scooty all valid for next 8-10 years What should be my goal amount for the retirement, i want it as early as possible As per the current scenario i am assuming i will live max till 75 years age. As of now i can invest 80-90k per month Yet to be married i assume i need atleast Lakhs per month as of now What should be the ideal amount with which i can retire
Ans: Hello;

Hope you have adequate term life insurance for yourself.

You may start a monthly sip of 90 K in a combination of pure equity mutual funds.

After 10 years your sip and lumpsum investment will grow into sums of 2.09 and 1.24 Cr respectively.

This adds upto 3.33 Cr. If you add your ppf and EPF corpus then this should add upto a sum of around 4 Cr.

If you invest this corpus in a conservative hybrid debt fund and do a SWP at the rate of 3.5%, you may expect a post tax monthly income of
1 L+.

As you get married your expenses will rise as also the need to plan for various other goals.

Therefore the decision to retire from regular 9-6 job should be backed up with alternate business plan or such other plan to monetize your hobbies that may yield income over atleast next 10-15 years.

Best wishes;

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