Can IAS officer buy shares?

Can an IAS officer invest in stocks?

35(1) No Government servant shall speculate in any stock, share or other investment: Provided that nothing in this sub-rule shall apply to occasional investments made through stockbrokers or other persons duly authorized and licensed or who have obtained a certificate of registration under the relevant law.

Can an IAS officer choose his posting?

Generally, an IAS/IPS officer cannot get his home cadre. However, there is a very slim chance of it. This is possible only if you get a very high rank and then there are vacancies in your home state for your category in that year. In addition, you should have given your first preference as your home state.

Can an IAS officer become rich legally?

The pay scale offered to an IAS Officer at any post is significantly high. The salary comes apart from the other perks and allowances provided to the officer. Thus, one must know that the legally offered salary by the Government is sufficiently enough to earn well.

Are IAS rich?

IAS officers have been found amassing disproportionate assets and wealth varying from ₹200 crore (US$28 million), to ₹800 crore (US$110 million).

Can IAS get Z security?

It can be classified based on strength of security. They are Z+ category – provided by 36 personnel, Z category – provided by 22 personnel, Y category – provided by 11 personnel, X category – 2 personnel.

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Which state is best for IAS?

These Are The 5 Best State for IAS Coaching

  • Delhi, New Delhi.
  • Allahabad, State of Uttar Pradesh.
  • Lucknow, State of Uttar Pradesh.
  • Patna, State of Bihar.
  • Jaipur, State of Rajasthan.

Do IAS officers get bodyguards?

Security: Due to the high profile and sometimes dangerous nature of the job, IAS officers are provided with security guards for themselves and even their family. In case of a life threat, they can even get STF commandoes for their protection.

Do all IAS become DM?

To become a DM the candidate must first qualify for the UPSC-CSE exam and become an IAS officer. After serving as an IAS officer for 6 years, including 2 years of the training period, a candidate is eligible to become a DM. To become a DM the candidate has to be at the top of the rank list of IAS Officers.

Can IAS earn crores?

IAS officials and other civil servants may lawfully make crores of rupees by saving their salaries and investing them legally in equities, bonds, mutual funds, and real estate. The remuneration is likewise consistent with the officers’ social position. …

Can IAS have beard?

Present yourself before the UPSC interview board clean, neat and tidy. Make sure you have a good haircut, clean nails, comb your hair well, maintain a smooth-shaven face and if you have beard trim it to maintain it tidily.

Can IAS wife do business?

Conditions Under Which IAS Officers Can Do Their Own Business. Retired IAS officers can directly take part in any kind of lucrative business. … IAS officers can have their family and friends start a business in their stead while they act as advisers and share their ideas.

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