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Hi Devendra,
Since you are interested in PSC, i would like to say that their are two stages that you need to clear- preliminary exam and main exam in order to prepare for PSC the minimum requirement is graduation from a recognized university and the age group is 21-30yrs. For your preparation i would suggest you to first join a good coaching center so that you have the relevant study material to start your preparation. For the list of institutes you can refer to the below links
http://tinyurl.com/ygp6wkk
http://tinyurl.com/2f5rdrn
Now lets come to the most important part which is self study which is very essential as PSC exams are not that easy to crack and to crack the you really have to prioritize your time. For self study you can start with reading newspapers and books related to current affairs and Gk, if you want you can refer to Manorama Year book which is one good book for GK and current affairs. For more info regarding PSC, please refer to below link
http://tinyurl.com/yjr8dg8
http://tinyurl.com/ybfq9ow""
Hope this helps
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Thanks
All The Best

Hi,
Although, it is advisable is that you should opt for a full time MBA program from a decent Institute but if you would not be able to go for a regular program then the second best option would be part time or else go for correspondence. The reason being the kind of exposure you get in a full time program and skill sets you develop in this program you wont be able to get through a correspondence program or even through a part time. These programs are generally meant for those working professionals who already have a good amount of work experience and just need a degree as an endorsement to get to the higher level in their current company.
As far as choosing between a degree or diploma is concerned degree is always a better option but it would also depend on the Institute's standing in the Job Market for e.g. if you do a PGP program from IIMs and an MBA from some low rung University obviously IIMs will have more value. For choosing a specialisation you should always keep in mind your own interests and career aspirations. IB would be more focused on marketing & BD whereas Operations would be back end support taking care of all the things from production to planning to execution.
hope this will be of help.
Thanks

Good mechanical engineers are at a premium. I know of 2 years experienced candidates drawing Rs 6,00,000 p.a. So the question of income is entirely dependent on how good you are. Scope for mechanical engineering is a basic field with applications in almost all sectors - robotics, microelectromechanical systems (MEMS), nanotechnology, infrastructure industries are some of the 'hot' new areas where mechanical engineering is entering. The potential is huge and PSU's also an option. Apart from all this - it is a field which is ripe for entrepreneurship - starting your own industry.
The drawback is that you will have to stand out of a crowd of mechanical engineers. A diploma would definitely come distant second to a bachelors degree but a masters degree may not necessarily increase your income too much. A masters degree will change the type of work you do though.
Hope you got some extra insight from this answer. Do rate it with a Best answer/Thnumbs Up rating so I can keep adding more info. You can also follow 'gudasan' for more info on sicnece and engineering