What does this scale of pay means 10,000 - 470/6 -500/3 - 560/7-18240 Rs&what is meant by initial emoluments?

Question:
this is the scale of pay given by the State Bank of India for freshers... somebody plz explain

Answers:
The starting salary will be Rs.10,000. Perhaps during January or April 2008 when the increment is due (or increment is due after completion of one year), the person will get Rs.470 increment for 6 years, from seventh year till the ninth year Rs.500 and thereafter for seven years the increment will be Rs.560. Hence at the beginning of 17th year of service, the salary will be Rs.18,240.

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