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MONTHLY ISSUE - OCTOBER - 2016 CurrVanik’s ent Affairs Banking | Railway | Insurance | SSC | UPSC | OPSC | PSU URJIT R. PATEL “The New Governor & The New Challenges” Vanik’s Question Hub -PO/CLERK (Prelim) Practice Set for IBPS Vanik’s Practice Set -PO (Main) Practice Set for IBPS, BOB Vanik’s Extra Dose GL-2016 Practice Set for C Vanik’s Knowledge Garden P u b l i c a t i o n s VANIK'S PAGE INTERNATIONAL AIRPORTS OF INDIA NAME OF THE AIRPORT CITY STATE Rajiv Gandhi International Airport Hyderabad Telangana Sri Guru Ram Dass Jee International Airport Amristar Punjab Lokpriya Gopinath Bordoloi International Airport Guwaha ti Assam Biju Patnaik International Airport Bhubaneshwar Odisha Gaya Airport Gaya Bihar Indira Gandhi International Airport New Delhi Delhi Andaman and Nicobar Veer Savarkar International Airport Port Blair Islands Sardar Vallabhbhai Patel International Airport Ahmedabad Gujarat Kempegowda International Airport Bengaluru Karnatak a Mangalore Airport Mangalore Karnatak a Cochin International Airport Kochi Kerala Calicut International Airport Kozhikode Kerala Trivandrum International Airport Thiruvananthapuram Kerala Raja Bhoj Airport Bhopal Madhya Pradesh Devi Ahilyabai Holkar Airport Indore Madhya Pradesh Chhatrapati Shivaji International Airport Mumbai Maharashtr a Dr. Babasaheb Ambedkar International Airport Nagpur Maharashtr a Pune Airport Pune Maharashtra Zaruki International Airport Shillong Meghalay a Jaipur International Airport Jaipur Rajasthan Chennai International Airport Chennai Tamil Nadu Civil Aerodrome Coimbator e Tamil Nadu Tiruchirapalli International Airport Tiruchirappalli Tamil Nadu Chaudhary Charan Singh Airport Lucknow Uttar Pradesh Lal Bahadur Shastri International Airport Varanasi Uttar Pradesh Netaji Subhash Chandra Bose International Airport Kolkata West Bengal Message from Director Vanik Publications EDITOR Dear Students, Mr. Pramod Padhi It is truly said that “What we show, so we reap” One’s present ASSOCIATE EDITORS Satabdi Sagar Mohanty acts relations interactions endeavours and scarifies get accumulated as Samarendra Narayan Sahoo an aggregate of deeds and shape the course of life in future. ADVISORS G. Khatua This is the period where your every action is put to test to make B. R. Das you perfect achiever in future. PUBLISHING MANAGER Smrutiranjan Chhatoi In your search for perfection we come forward to your rescue DESIGNING & LAYOUT out experience and your commitment will definitely led to your success. Vijaya Maharana Publisher : Subrat Kumar Chhatoi Printed and Published by : Vanik Publication Printed at : Bhagabati Press Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar Website : www.vanik.org | Phone : 0674-6556677, 8093-556677 Wishing you all the Best _____________________________________________________ Subrat Kumar Chhatoi © Copyright Reserved No part of this magazine can be printed in whole or part without the written permission of the publisher. The editor and publisher have tried their best to verify the factual accuracy of the informations published, but do not take any responsibility for the absolute accuracy of the informations in the magazine. All disputes subject to Bhubaneswar (Odisha) Jurisdiction. CONTENTS Topics Page No Events of the Month 3 International news 9 National news 12 Bilateral 16 Economy and Banking 18 Award and Honour 24 Book and Author 25 Person in news 26 Places in news 28 Sports 29 Science and Technology 31 Environment and Ecology 33 Defence 34 Recent Summit in News 34 Committee and its Function 35 Date and Observation 36 International and National institution 36 State news 38 Recent government devlopement and scheme 41 Miscellaneous 43 Vanik Question Hub 200 MCQ on Current Affairs - 44 100 MCQ on SSC/Railway - 52 40 MCQ on Computer - 56 Practice Set Vanik Extra Dose IBPS-PO (Preliminary) - 58 Who’s Who - 129 IBPS-PO (Main) - 68 Word of the Month - 135 IBPS-Clerk (Preliminary) - 88 Abbreviation - 136 BOB-PO (Main) - 97 One Liner - 137 SSC-CGL-2016 - 119 MAGAZINE FOR THE MONTH OF OCTOBER - 2016 EVENTS OF THE MONTH reports to the Prime Minister office of India. ISRO built India’s CRAMJET ROCKET ENGINE first satellite, Aryabhata, which was launched by the Soviet S Union on 19 April in 1975. In 1980, Rohini became the first The Indian Space Research Organization (ISRO) for the first satellite to be placed in orbit by an Indian-made launch time has successfully conducted the Scramjet (or Supersonic vehicle, SLV-3. ISRO subsequently developed two other Combusting ramjet) engine test. The test was conducted from rockets: the Polar Satellite Launch Vehicle (PSLV) for Satish Dhawan Space Centre, Sriharikotta in Andhra Pradesh launching satellites into polar orbits and and has successfully met all the intended parameters. With the Geosynchronous Satellite Launch Vehicle (GSLV) for this, India became only the fourth nation in the world to placing satellites into geostationary orbits. These rockets successfully flight-test a scramjet engine after United States, have launched numerous communications satellites and earth Russia and China. observation satellites. Satellite navigation systems like Navie About Scramjet Engine: (IRNSS) have been deployed. In January 2014, ISRO The scramjet engine works on the Air-breathing Propulsion successfully used an indigenous cryogenic engine in a GSLV- System. The system uses natural oxygen present in the D5 launch of the GSAT-14.ISRO sent one lunar atmosphere to burn the fuel stored in the rocket. It reduces orbiter, Chandrayaan-1, on 22 October 2008 and the amount of oxidiser to be carried along with the fuel, one Mars orbiter, Mars Orbiter Mission, which successfully bringing down launch costs. entered Mars orbit on 24 September 2014, making India the The scramjet engine was test launched on board of RH 560 first nation to succeed on its first attempt, and ISRO the sounding rocket. RH 560 sounding rocket is two stage fourth space agency in the world as well as the first space Advanced Technology Vehicle (ATV). The ATV along with agency in Asia to successfully reach Mars orbit. Recently of the scramjet engines weighed 3,277 kg at lift-off. During the successful placed 20 satellites in different orbit by single test, ATV was able to fly at Mach 6 (six times the speed of PSLVC-35 launch vehicle creating a record for itself. sound) speeds. The scramjet uses hydrogen as fuel and oxygen from the atmospheric air as the oxidiser. During the test, Air Breathing Propulsion System (ABPS) using hydrogen URJIT R. PATEL : THE NEW as fuel and oxygen from the atmospheric air as the oxidiser was successfully tested. GOVERNOR & THE NEW This system would help in reducing the lift-off mass of the vehicle as there will be no need of carrying liquefied oxygen CHALLENGES on board the vehicle. In turn help in increasing the energy Union Finance Ministry has appointed Urjit R. Patel, Reserve efficiency of the rocket and also make it cost-effective. Bank of India (RBI) deputy governor as the new governor of Scramjet does not have rotating parts so the chances of Reserve Bank of India as Raghuram Rajan’s successor. Urjit failure are also measurably reduced. Currently, ISRO uses Patel take up the top job for a three-year from 4th September. rocket launch vehicles like the PSLV to deliver satellites into About Urjit R. Patel : orbit. But PSLVs are expendable i.e. it can only be used once. Urjit R. Patel is an Indian economist, consultant About ISRO: and banker, served as Deputy Governor of the The Indian Space Research Organisation is the space Reserve Bank of India (RBI). As Deputy Governor agency of the Indian government headquartered in the city of RBI, he looks after monetary policy, economic of Bangalore. Its vision is to “harness space technology for policy research, statistics and information national development, while pursuing space science research management, deposit insurance, communication and and planetary exploration”. Formed in 1969, ISRO superseded Right to Information. On 20 August 2016, he was the erstwhile Indian National Committee for Space Research named as the governor of RBI to succeed Raghuram (INCOSPAR) established in 1962 by the efforts of Rajan when the latter’s term expires in September independent India’s first Prime Minister, Jawaharlal Nehru, 2016. and his close aide and scientist Vikram Sarabhai. The Patel obtained his Bachelor’s in Economics from establishment of ISRO thus institutionalised space activities the London School of Economics, M. Phil. degree in India. It is managed by the Department of Space, which from Oxford University in 1986. He received his 3 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : (0674) 6556677, 8093556677. Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF OCTOBER - 2016 doctorate in Economics from Yale University in 1990. and thereby improving monetary transmission are tasks He was at IMF India desk during the 1991–94 needs to be finished. Similarly investors and markets alike transition periods. He was posted to IMF country will be keenly watching new Governor’s approach to mission in India 1992–95. He has also been a non- expending the process, especially given past stress on fiscal resident Senior Fellow at the Brookings restraint. Hence Governor needs to ensure confidence among Institution since 2009. investors and market players. After obtaining his PhD, Dr. Patel joined Urjit Patel has played key roles at multilateral lending the International Monetary Fund (IMF) in 1990 institutions and diverse industries, ought to stand him in worked on the USA, India, Bahamas and Myanmar good stead while dealing with the complexities of regulating desks at IMF till 1995. Thereafter he went on the markets, the financial services industry and payments deputation to the Reserve Bank of India, where he systems at a time of rapid technological change and played an advisory role in the development of the disruption. Challenges are quit common under rapidly debt market, banking sector reforms, pension fund changing circumstances; hence new governor needs to reforms, targeting of real exchange rate. address all these issues.
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  • General Awareness–Current Affairs Month of March-2019

    General Awareness–Current Affairs Month of March-2019

    GENERAL AWARENESS–CURRENT AFFAIRS MONTH OF MARCH-2019 List of Important Days March 1 - Zero Discrimination Day (Theme – “Act to change laws that Discriminate”) March 4 - National Safety Day (Themes – “Cultivate and Sustain A Safety Culture for Building Nation”) Mar 4-10 - National Safety Week March 7 - Janaushadhi Diwas March 8 - International Women’s Day (Theme – “Think Equal, Build Smart, Innovate for Change”). March 12 - World Day against Cyber Censorship March 12 - 30th anniversary of the World Wide Web (WWW) March 14 - (2nd Thursday of March) World Kidney Day (Theme - “Kidney Health for Everyone Everywhere”) March 14 - Pi Day (Pi's value (3.14)) March 15 - World Consumer Rights Day (In India this day is celebrated as Viswa Upabhokta Adhikar Diwas). (Theme – “Trusted Smart Products”) March 20 - International Day of Happiness. (Theme – “Happier Together”) March 20 - World Day of Theatre for Children and Young People March 20 - World Sparrow Day. (Theme – “I LOVE Sparrows”) March 21 - International Day of Forests. (Theme “Forests and Education”) March 21 - World Poetry Day March 21 - World Down Syndrome Day March 21 - International Day for the Elimination of Racial Discrimination (Theme – “Mitigating and countering rising nationalist populism and extreme supremacist ideologies”) March 21 - World Puppetry Day March 22 - World Water Day (Theme – “Leaving no one behind”) March 23 - World Meteorological Day (Theme – “The Sun, the Earth and the Weather”) March 23 - 88th Shaheed Diwas (Martyr’s Day) March 24 - World Tuberculosis (TB) Day (Theme – “It’s time”) March 25 - International Day of Remembrance of the Victims of Slavery and Transatlantic Slave Trade. (Theme – “Remember Slavery: The Power of the Arts for Justice”) March 26 - Independence Day of Bangladesh March 27 - World Theatre Day (WTD) March 30 - Rajasthan Diwas Reserve Bank of India • The Reserve Bank of India (RBI) has fined Yes Bank ₹1 crore for not complying with its directions about SWIFT, a financial messaging software.