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MAGAZINE-AUGUST-2018.Pdf MONTHLY ISSUE AUGUST - 2018 Vanik ’s Current Affairs Banking | Railway | Insurance | SSC | UPSC | OPSC | PSU Page No. 118 5 NO. OF PRACTICE SET FOR GA Asked TOPPERS’ TALK SBI-Clerk (Main) RANK RANK in All Bank SBI- PO (Prelim) 63 98 Exam - 2017 SSC-CGL (Tier-I) (Part-2) Railway Group-D (Prelim) Railway-ALP (Prelim) UJJWAL KU. NAYAK BIBHU PRASAD BARIK (OCS-2016) (OCS-2016) Advt. VANIK SAHEED NAGAR CENTRE VANIK CUTTACK CENTRE VANIK ACHARYA VIHAR CENTRE Centralized A/C Counseling Central A/C Classroom Fully Wi-Fi Enabled Lab Interview Grooming Session Food Court WHY YOU SHOULD JOIN VANIK INSTITUTE FOR “BANKING, RAILWAY AND SSC” 1. BEST FACULTY OF INDIA FOR CLASSES COMPARE TO ALL OTHER INSTITUTE. 18. Weekly Current Affairs handout separately. 2. Highest no of Classes from basic to advance level. 19. Weekly newspaper reading classes. 3. Highest no of hours in every subject for better understanding. Total hours for 20. One month free online test (MTD – Banking Test & Discussion) and six month banking - 450+HRS (6 MONTHS DAILY 2 HRS CLASS) AND SSC - 750+ HRS (6 free practice test (TBT, SBT, MCT, FPT & PPT) MONTH DAILY 4 HRS CLASS) 21. Two month free online test (MTD, VTD) and six month free practice test (TBT, SBT, MCT, FPT & PPT) 4. Separate vocabulary class (1000 - BANKING AND 2000 WORDS - SSC) (Weekly 22. Interview classes , mock interview with video recording and analysis Once) 23. Personal development and group discussion class 5. Special class for upcoming exams. 24. LARGEST ONLINE TEST PLATFORM (VOTE - VANIK ONLINE TEST AND 6. Separate traditional GK class for easy remember GK in the class itself. EXPLANATION ) Separately for Bank PO, Bank Clerk, SSC & Railway 7. Time to Time motivational class and classes how to crack the exam by our experts. 25. Weekly 3 online mock test of upcoming exams with discussion (MTD- MOCK TEST 8. Separate Doubt clearing classes , personal doubt clear with faculty. & DISCUSSION and VTD - VANIK TEST & DISCUSSION ) 9. Daily class test of every class after the class (Offline) 26. Online weekly class test of all batch (YOU CAN GIVE EVERY BATCH CLASS TEST 10. Weekly test of weekly covered topics of all subjects (Online) ONLINE (CTD- CLASS TEST & DISCUSSION 11. Monthly class test for monthly cover topics. 27. Unlimited online practice tests as per your choice (MCT - MY CHOICE TEST). 12. Class room assignment practice and discussion of every topic in class it self 28. Separate online test subject wise and topic wise test ( SBT - SUBJECT BASED TEST 13. Daily current affair handouts before the class AND TBT - TOPIC BASED TEST). 14. Weekly current affair class with weekly C/A question & test discussion class. 29. Hostel (both boys and ladies separately). 15. Best material with work book for practice more question at home. 30. In campus canteen facility. 16. Highest no of material. Total -25+ VOLUMES FOR BANKING AND 35+ VOLUMES 31. 24 hrs study room for self study FOR SSC. 32. Highest level of success rate. 17. Daily Quiz (Banking & SSC Separately). 33. Descriptive English Classes. OAS-2015 SELECTED CANDIDATES JYOTIKANTA BHUJABAL RANK-31 And Many More TRUPTI BARAI SANKALP SAHOO GOUTAM MAHALIK MANOBRATA SATPATHY SOUBHAGYA BEHERA SATYAVIKASH BHUYAN SUNITA PATI SWEEKRUTI BARPANDA KHIRABDI T. SAHOO PRATAP CH. SAHOO SOURYA RANJAN MISHRA Selections RANK-17 RANK-45 RANK-55 RANK-67 RANK-70 RANK-72 RANK-75 RANK-84 RANK-91 RANK-104 RANK-131 2 OFS-2015 SELECTED CANDIDATES TRIDEV RATH PRATIK PATTNAIK SANGRAM PARIDA SHEETAL AGARWAL GYANI MOHANTY SWETAPADMA DHAL SANJIT SUMAN RAJIV DAS PREETAM KUMAR RATH SAGARIKA SAHU TAPAS DEHURY RANK-159 RANK-174 RANK-194 RANK-199 RANK-214 RANK-267 RANK-326 RANK-352 RANK-364 RANK-403 RANK-406 SANDIP KUMAR PRUSTY SATABDI MISHRA SUBHADARSHINI MOHANTY AISHA AKHATARI NISHA SWEEKRUTI BARPANDA RANK-7 RANK-18 RANK-19 RANK-20 RANK-22 And And Many Many SOURAV DAS More Selections More SUNARAM HEMBRAM RAJESH SETHI BIJAYA TOPPO MITALI M. PATRA SURENDRA GHADAI BHANUPRIYA SABAR APARNA BHOI ASHOK MAJHI BAIDYANATH MURMU SWAGATIKA SAHOO RASHMI R. SWAIN DEBIPRASAD ROUT ADISMITA NAIK JAYASHREE MURMU Selections 1 RANK-451 RANK-470 RANK-474 RANK-481 RANK-494 RANK-577 RANK-645 RANK-665 RANK-668 1 RANK-24 RANK-26 RANK-36 RANK-63 BANKING STUDY MATERIAL (25nos.) SSC STUDY MATERIAL (35nos.) Reasoning APTITUDE ENGLISH VANIK VANIK VANIK VANIK VANIK VANIK VANIK for APTITUDE APTITUDE for Bank PO, Clerical & for Bank PO, Clerical & H BANKING Bank PO & Clerical LIS Awareness Bank PO, Clerical & REASONING G y & SSC Railway & SSC Bank PO & Clerical | SSC & Railway EENGLISHN Railwa Bank PO & Clerical Bank PO & Clerical Banking Awareness General Awareness All Other Competitive Examinations All Other Competitive Examinations All Other Competitive Examinations Topicwise Theory with Solved Examples Topicwise Theory with Solved Examples Topicwise Theory with Solved Examples Topicwise Theory with Solved Examples Assignment - I Assignment - II Assignment - I Assignment - II Assignment - I Assignment - II (Class Room Practice) (Home Work Practice) Assignment - I Assignment - II (Class Room Practice) (Home Work Practice) (Class Room Practice) (Home Work Practice) (Class Room Practice) (Home Work Practice) Leading Institute for Banking, Railway & SSC Leading Institute for Banking, Railway & SSC Leading Institute for Banking, Railway & SSC P u b l i c a t i o n s Leading Institute for Banking, Railway & SSC P u b l i c a t i o n s P u b l i c a t i o n s P u b l i c a t i o n s Message from Director Vanik Publications EDITOR Mr. Pramod Padhi ASSOCIATE EDITOR Satabdi Sagar Mohanty ADVISORS G. Khatua & Dear Students, Team R & D The ultimate date for your performance & excellence has PUBLISHING MANAGER arrived, as the exam season has started with SBI-Clerk to be followed Smrutiranjan Chhatoi by series of exams to reach your ultimate dream career. Be composed, DESIGNING & LAYOUT feel confident, keep trust on Almighty and self, success will be yours. Vijaya Maharana For the Civil Service Aspirants after the UPSC (Prelim) it is Publisher : Subrat Kumar Chhatoi time for consolidation for the Mains. Emphasise on writing answer Printed and Published by : Vanik Publication Printed at : Bhagabati Press which is crucial for success in Civil Service. The freshers should chalk out their strategy planning for one year to make their preparation more effective in Prelim cum Main approach. Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar Website : www.vanik.org | Phone : 8093556677, 9040456677 Practice makes a person perfect. More you are into it more _____________________________________________________ © Copyright Reserved nearer you are to your ultimate goal. VANIK is always with you No part of this magazine can be printed in whole or part without the written permission of the with all kinds of support. Your labour & our mentorship will bring publisher. The editor and publisher have tried their best to success for you and more repution for us. 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) Wishing you all the Best Jurisdiction. Subrat Kumar Chhatoi ♦♦♦♦ CONTENT Page Economy & Banking Page International Page National Page 8 News 10 News 13 Page Page Page Bilateral State News Award and 15 18 20 Honour Page Person in Page Places in Page Sports 21 News 23 News 25 Page Science & Page Environment Page Defence 27 Technology 29 & Ecology 30 Page Page Page 31 Committee 31 Summit 32 Book & Author Page Page Page 33 Miscellaneous 34 35One Liner VANIK QUESTION HUB Page 200 MCQ on Page 100 MCQ on Page 40 MCQ on Page 20 Special MCQ 38 Current Affairs 47 SSC/Railway 51Computer 53 on Banking PRACTICE SET VANIK EXTRA DOSE Page Page Page GA asked in Who’s Who Abbreviation 109 115 118all Bank Exam-2017 Page Page IAS/OAS SECTION 129 Event of the Month 122 (Disaster Management) MAGAZINE FOR THE MONTH OF AUGUST 2018 As per the report, UCBs with capital funds in the range of Rs 100 crore to Rs 500 crore may be granted facilities akin to Small Finance Banks in the private sector. It had further stated that a business size of ECONOMY Rs 20,000 crore could be considered the threshold limit, beyond which UCBs may convert themselves into commercial banks RBI raises home loan limits under priority sector lending (a) The Reserve Bank of India raised the housing loan limits under priority sector lending (PSL) for economically weaker sections and lower income groups. (b) Home loans up to Rs 35 lakh in metros (with population of 10 lakh and above) will now qualify for the benefits of priority sector lending, against up to Rs 28 lakh earlier. (c) Home loans up to Rs 25 lakh will now qualify under PSL for other centres, compared with Rs 20 lakh earlier. (d) Loans given under PSL are less expensive than RBI IN NEWS those provide by the banks in their ordinary course. The RBI releases Second Bi-monthly Monetary Policy Statement move is expected to make it easier to get loans for housing 2018-19 schemes classified as affordable housing in cities. (e) The overall cost of the dwelling unit in the metropolitan The Reserve Bank of India (RBI) on June 6, 2018 released its centre (with population of ten lakh and above) and at Second Bi-monthly Monetary Policy Statement 2018-19.The six other centres should not exceed Rs 45 lakh and Rs 30 members Monetary Policy Committee (MPC) decided to: lakh, respectively. • Increase the policy Repo Rate under the Liquidity Some fact Adjustment Facility (LAF) by 25 basis points to 6.25 • Under the PMAY, the government is aiming to build 3 percent.
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