Current Affairs ¾ 40 MCQ of Computer
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MONTHLY ISSUE - APRIL-2015 CurrVanik’s ent Affairs Banking | Railway | Insurance | SSC | UPSC | OPSC NEW SECTIONS A Complete Magazine for all Competitive Exams age Vanik’s P th ts of the mon Even Qs ted MC 200 Upda ers 100 One Linersomput Qs on C 40 MC ailway or SSC & R 100 GK f Leading Institute for Banking, Railway & SSC P u b l i c a t i o n s Budget Special VANIK'S PAGE Failures Who Became Inspirational Success Stories 1. Mahatma Gandhi His is perhaps the most inspirational tale. Originally a barrister in India by profession, he was not a strong lawyer as he was unable to cross-question his witnesses. After spending sometime drafting litigation letters, he went to South Africa where he developed his political skills. It was not a cake-walk for him even there and his Satyagraha movement was fraught with difficulties even in India. Perhaps his biggest failure of all times was the partition of India and Pakistan. 2. Amitabh Bachchan A blockbuster performer at the Bollywood box-office, Amitabh Bachchan's career tanked along with his production house, Amitabh Bachchan Corporation Limited (ABCL). His meteoric rise and quick downfall is a true Bollywood tale within Bollywood. He was bankrupt but did not give up and continued to fight. It was at this crucial juncture when his career took at 360 degree turn with the arrival of KBC series in India and slowly, he once again rose to the top. Big B truly proved that nothing, not even a simple desi hairoil advert is "beneath" you but in any profession respect is earned by your skills and your attitude. 3. Dhirubhai Ambani Who doesn't know the name Reliance today? But do you know, that Dhirubhai Ambani, the founder of Reliance was perhaps controversy's favourite child? Ambani had a humble beginning and he was not from an affluent background. He moved to Yemen at 16 years of age where he worked as a simple clerk. However, he knew he had to follow his calling and risking everything, he returned to India to set up his business with his close friend. Though Champaklal Damani differed from Ambani in his views and decided to split, Ambani did not give up hope and continued his trade, deciding to even enter the stock market. His stock market dealings and success have often been questioned but the man rose to power through sheer grit 4. Ratan Tata and determination. What do you do when you have a role model to look up to and then, you are asked to fill the role model's shoes? When Ratan Tata became the chairman in 1991, he had a mammoth task set before him. His futuristic views and liberal attitude did not go well with some of the top honchos at Tata which resulted in a tussle at the management level. At the very start of his career as chairman, two companies under him faced bankruptcy and his employees faith in him dwindled as he brought down the retirement age from 70 to 65, leading to an ouster of some of the oldest employees of the organisation. Despite the many failures he has seen, Tata Nano being the latest, Ratan Tata did not give up and continues to be a global figure even today. 5. Narendra Modi A humble chai-vendor, embroiled in one of the most blood-bathed controversies in the country is today the Prime Minister. Does success need any other definition? When Modi took on the reigns of Gujarat as the Chief Minister from Keshubhai Patel, his rise was met with opposition from many within the party. Modi's lack of experience was one of the major concerns. However, Modi stood his ground and became Gujarat's CM. As the CM, he veered from RSS's ideologies and supported privatisation and small government. But perhaps, his true test came in the form of the Godhra violence. While many still blame him for the riots, his name was cleared and he went to become one of the most powerful men in the country. 6. Smriti Irani Not exactly a failure, but Smriti Irani's tale is definitely a rags to riches with WTF interspersed in between. She got her dream break while waitressing at McDonalds and became one of the best known faces on the small screen playing the role of Tulsi in Saas Bhi Kabhi Bahu Thi. However, after a fallout with the small screen queen Ekta Kapoor, her career seemed like it would end. But Smriti Irani decided to enter the world of Politics and is today the HRD minister. With no education (or atleast a few fudged degrees) mind you! 7. Nawazuddin Siddiqui Born to humble farmers in UP, Nawazuddin first worked as a chemist in a petrochemical company. Wanting something more interesting, he moved to Delhi to only be a watchman. He developed an interest in theatre in Delhi and moved to Mumbai to try his luck in movies. However, like every struggler, he did not get any good job or any meaty role and kept appearing in small roles. He resorted to conducting acting work shops to earn some money. However, he got his break when he got noticed as a reporter in Peepli Live and there has been no looking back for him since then! Mesessage from Director Vanik Publications Knowledge has taken over the barrel of the gun as the new dimension of power around the world. In the wake of the knowledge EDITOR Mr. Pramod Padhi revolution engulfing the globe, acquiring knowledge and information has turned to be synonymous with power and influence. Publication of a monthly PUBLISHING MANAGER Smrutiranjan Chhatoi magazine by VANIK -The Leading Institute of India for Banking, SSC & ADVISORS Railway is an innovative step towards empowering the candidates preparing G. Khatua for different competitive exams. B. R. Das ASSOCIATE EDITORS S.S. Mohanty The contents in this magazine has been developed in a comprehensive S.N. Sahoo yet lucid manner to be very useful for all competitive examinations. Utmost DESIGNING & LAYOUT care has been taken to incorporate relevant informations in most up-to-date Vijaya Moharana manner. Pubblisher : Subrat Kumar Chhatoi Printed and Published by : Vanik Publication Printed at : It will be a great pleasure and reward for the entire team at Vanik if millions of aspirants select this monthly magazine as their best companion in their journey for a bright career. Plot‐1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar Website : www.vanik.org | Phone : 0674‐6556677, 8093‐556677 _____________________________________________________ © Copyright Reserved ¾ No part of this magazine can be printed in whole or part without the written permission of the publisher. ¾ 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 With Best Wishes informations in the magazine. Subrat Kumar Chhatoi ¾ All disputes subject to Bhubaneswar (Odisha) Jurisdiction. ♦♦♦♦ CONTENTS Recent 5 topic ( International news ( National news ( Bilateral ( Economy and Banking ( Award and Honour ( Book and Author ( Person in news ( Places in news ( Sports ( Science and Technology ( Environment and Ecology ( Defence ( Recent Summit in news ( Committee and its Function ( International and National institution ( Recent visit and visitor ( Date and Observation ( State news ( Recent government devlopement and scheme ¾ 200 MCQ current affairs ¾ 40 MCQ of Computer ¾ Descriptive English ¾ Word of the Month ¾ Banking Terminology ¾ Abbreviation ¾ Miscellaneous G.K. for SSC and Railway ¾ Practice Set for Upcoming Exam ¾ Previous Year Question ¾ Who’s Who? ¾ One Liner MAGAZINE FOR THE MONTH OF APRIL ‐ 2015 RECENT TOPICS Defence • Rs. 2,46,726 crore has been allocated for Defence of India which is 9.87 per cent greater than last UNION BUDGET 2015‐16 year. Make in India campaign will take into nion Finance consideration for speedy manufacturing of Minister Arun Jaitley U Defence equipment. presented Union Welfare Schemes and new programmes Budget 2015‐16 in the • Under the Swachh Bharat Abhiyan, six crore toilets Parliament, the first across the country will be built. full year Budget of the • By 2020, housing for all have been declared. NDA government under • MGNREGA will get of Rs. 5,000 crore. Which is leadership of Prime highest allocation to this scheme. Minister of Narendra Modi and the second budget of Arun Jaitley as Finance Minister. • To improve quality of life of common man, GST and JAM trinity (Jan Dhan Yojana, Aadhaar and Mobile) Highlights of Union Budget 2015‐16 will be launched. Taxation • To encourage first generation SC/ST • No change in the Tax slab on personal income. entrepreneurs, MUDRA bank will provide finance. • IT exemption remain at Rs. 2.5 lakh p.a. and upto • Direct Benefit Transfer (DBT) will be further Rs. 5 lakh tax shall be at 10%, Rs. 5 to Rs. 10 lakh expanded to 10.3 crore from 1 crore. 20% and above Rs. 10 lakh lakh at 30% . • Government will contribute 50% of the premium • Wealth tax abolished. Additional 2% surcharge for limited to Rs. 1,000 a year for the Atal Pension the super‐rich with income more than Rs. 1 crore. Yojana. For next 4 years, corporate tax has been reduced • Rs. 9,000 crore unclaimed funds in PPF/EPF will be to 25 percent from present 30 percent. used for Senior Citizens Fund. • Service tax increased to14 per cent from 12%. • For all Indian, government will create universal • Apart from CSR, 100% tax exemption for social security system. contribution to Swachch Bharat Abhiyan have been • For electric cars production Rs. 75 crore has been announced by the Finance Minister.