<<

MONTHLY ISSUE SEPTEMBER - 2018 Vanik’s Current Affairs Banking | Railway | Insurance | SSC | UPSC | OPSC | PSU

Luka Modric (Croatia) Harry Kane (England) Golden Ball Award Golden Boot Award FRANCE BRINGS IT HOME AFTER 20 YEARS TOPPERS’ TALK 4 NO. OF PRACTICE SET RANK RANK 57 99 RRB-Officer (Scale-1) Prelim RRB-Office Asst. (Prelim) SSC-CGL (Tier-I) Railway-ALP (Prelim)

DIBYENDU KU. DAS PARTHA S. HANSDAH (OCS-2016) (OCS-2016) Advt.

VA N I K S A H E E D N A G A R C E N T R E VA N I K C U T TA C K C E N T R E 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 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 Many And 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 V V V V V VANIK A A A A A N N N N N I I I I I K K K APTITUDE BANKING K K for Bank PO & Clerical for Bank PO, Clerical & REASONING for Bank PO, Clerical & Awareness Bank PO, Clerical & y & SSC Railway & SSC Bank PO & Clerical | SSC & Railway ENGLISHRailwa 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

Success comes through sustained efforts over a period of time. PUBLISHING MANAGER Proper strategy, self motivation and perseverance led to sure success. Smrutiranjan Chhatoi It’s now time for the Mains exam in Banking Exams as well as UPSC DESIGNING & LAYOUT Vijaya Maharana Civil Service. Both need more precise standard of preparation. Your competitors are less but more proficient now. Try to improve in quality Publisher : Subrat Kumar Chhatoi Printed and Published by : Vanik Publication to distinct yourself from the rest and be the achiever. Printed at : Bhagabati Press At VANIK it’s our constant endeavour to improve quality and achieve excellence. A robost mechanism has been developed over a short time Plot-1441, Opp. IOCL Petrol Pump, CRP Square, span to be the best. Your cooperation will bring success for you & Website : www.vanikpublications.com | Phone : (0674) 2559977 ______laurel for VANIK. © 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 Wishing you all the Best published, but do not take any responsibility for the absolute accuracy of the informations in the Subrat Kumar Chhatoi magazine.  All disputes subject to Bhubaneswar () Jurisdiction.

 CONTENT Page Economy & Banking Page International Page National Page 10 News 12 News 15 Page Page Page Bilateral State News Award and 17 19 21 Honour Page Person in Page Page Places in Sports 22 News 24 News 26 Page Science & Page Environment Page Defence 30Technology 33 & Ecology 34 Page Page Page 35 Committee 36 Summit 36Book & Author Page Page Page 37 Miscellaneous 38 39One Liner VANIK QUESTION HUB Page 200 MCQ on Page 100 MCQ on Page 40 MCQ on Page 20 Special MCQ 41 Current Affairs 50SSC/Railway 55 Computer 57 on Banking PRACTICE SET

VANIK EXTRA DOSE Page Page Page Banking & Financial Who’s Who Abbreviation 89 95 98 Awareness for Upcoming Exam Page Page IAS/OAS SECTION Event of the Month 104 (Good Governance) 110 MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Banks Board Bureau (BBB) BBB is advisory authority (autonomous and self- governing body) of Central Government comprising eminent professionals and officials to improve governance of PSBs. It was announced by Union ECONOMY Government in August 2015 as part of seven point Indradhanush Mission to revamp PSBs and based on recommendations of RBI-appointed P.J. Nayak Committee. It is based in Mumbai, Maharashtra. The first BBB was set up in February 2016 under chairmanship of former CAG Vinod Rai. Bhanu Pratap Sharma is the new Chairman of the Mumbai based BBB Ravindra Dholakia committee The Union Govt constituted 13-member Committee for Sub-National Accounts to upgrade the norms for computation of economic data at states and districts level in backdrop of plans to revise the base year for National Accounts or Gross Domestic Production (GDP) calculation. It will be headed by Ravindra H Dholakia, a retired professor RBI IN NEWS of IIM . RBI to issue new Rs 100 notes in lavender colour, existing Cabinet approves extension of RRBs’ recapitalisation series to still be valid. scheme (a) The Reserve Bank of India will shortly issue new Rs 100 (a) The government approved extension of recapitalisation denomination banknotes in the Mahatma Gandhi (new) scheme for Regional Rural Banks (RRBs) for next three series. years up to 2019-20 with an aim to strengthen their (b) The new denomination will have the motif of ‘Rani ki lending capacity. vav’ – a stepwell located on the banks of Saraswati river (b) The scheme started in 2010-11 and was extended twice in ’s Patan – on the reverse, depicting the in 2012-13 and 2015-16. The last extension was up to country’s cultural heritage. The base colour of the note March, 2017. is lavender. The note has other designs and geometric (c) A total of Rs 1,107.20 crore, as government’s share, out patterns aligning with the overall colour scheme on both of Rs 1,450 crore, has been released to RRBs till March sides. last year. (c) RANI KI VAV is a memorial built in Patan, Gujarat for (d) The remaining Rs 342.80 crore will be utilised to provide the 11th-century king Bhima. The new notes are recapitalisation support to RRBs whose Capital to Risk Lavender-coloured and have 16 silent features — back Weighted Assets Ratio (CRAR) is below 9 per cent, and front. during 2017-18, 2018-19 and 2019-20, an official (d) The new banknote will also be smaller in dimensions (66 statement said after the Cabinet meeting. mm × 142 mm) compared to the currently circulated (e) This (the approval) will enable the RRBs to maintain the notes (73mm X 157 mm). minimum prescribed CRAR of 9 per cent. (e) All Rs 100 banknotes issued by the Reserve Bank in the (f) A strong capital structure and minimum required level of earlier series will also continue to be legal tender. CRAR will ensure financial stability of RRBs which will enable them to play a greater role in financial inclusion Banks Board Bureau recommends elevation of 15 executive and meeting the credit requirements of rural areas directors as MD PSU bank RRB (a) The Banks Board Bureau (BBB) has recommended 15 (1) RRBs were set up with the objective to provide credit executive directors to be elevated as managing directors and other facilities, especially to the small and marginal (MD) at various public sector banks (PSBs). It was farmers, agricultural labourers, artisans and small headed by former Department of Personnel and Training entrepreneurs in rural areas. Secretary Bhanu Pratap Sharma . (2) They are jointly owned by the Centre, the concerned (b) These recommendations were based on interactions held state government and sponsor banks with the issued by BBB and are subject to various clearances. capital shared in the proportion of 50 per cent, 15 per (c) The Appointments Committee of Cabinet (ACC) headed cent and 35 per cent, respectively. by Prime Minister will take the final decision in this (3) There were 56 functioning RRBs as of March, 2017. regard. They had extended credit of Rs 2,28,599 crore.

3 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 Mehta panel submits 5-point plan to fight NPAs SBI IN NEWS (a) The Sunil Mehta committee, formed with a view to tackle Non-Performing Assets (NPAs) and creating credit Indian Army inks MoU with SBI on Defence Salary Pack- capacity, has submitted its report with recommendations age. to Union Finance Minister Piyush Goyal. Indian Army has singed Memorandum of Understanding (MoU) (b) The panel presented project ‘Sashakt’ and has with State bank of India (SBI) on Defence Salary Package. It is recommended a five-pronged strategy to deal with NPAs revised version of first MoU between SBI and Indian Army signed in the country’s banking system. in 2011 and was renewed again in February 2015 to add suited (c) The five-pronged strategy includes — SME Resolution requirements of serving soldiers, pensioners and families. Currently Approach (SRA), Bank Led Resolution Approach Indian Army has MoUs on Defence Salary Package with 11 public (BLRA), AMC / AIF led resolution approach, NCLT / and private sector banks. IBC approach, and asset-trading platform. (d) The report recommends a five pronged approach for Parliament nod for merger of subsidiary banks with SBI loans from Rs 50 crore, Rs 50-500 crore and loans above Parliament has passed State Banks (Repeal and Amendment) Bill, Rs 500 crore. 2017 to merge six subsidiary banks with State Bank of India after Resolution of bad assets below Rs 50 crore within 90 days: Banks it was approved by Rajya Sabha. The bill already has been passed will be required to create a ‘Focused Vertical’ for bad assets below in Lok Sabha in 2017 Monsoon session of Parliament. Rs 50 crore and set up a Steering Committee for resolution of such bad assets within 90 days. The bill repeals two Acts namely State Bank of India (Subsidiary Resolution of consortium loans between Rs 50-500 crore within Banks) Act, 1959, and State Bank of Hyderabad Act, 1956. These 180 days: It suggested the Bank Led Resolution Approach (BLRA) two acts had established State Bank of Bikaner, State Bank of for loans between Rs 50 and Rs 500 crore. It suggested constitution Patiala, State Bank of Mysore, State Bank of Hyderabad and State of an Independent Screening Committee to examine resolution of Bank of Travancore. These banks were subsidiaries of SBI. By such loans within 180 days and if there is no resolution in 180 repealing these two acts, five subsidiary banks will be merged with days, then these bad assets will be moved to the National Company SBI. The Union Cabinet in February 2017 had approved merger of Law Tribunal (NCLT). five associate banks along with Bharatiya Mahila Bank with SBI. Resolution of loans above Rs 500 crore:For loans above Rs 500 crore, an independent asset management company (AMC) will be SBI to organise outreach programme for farmers on July set up.The committee also said an alternative investment fund 18 (AIF) would raise funds from institutional investors. Country’s largest lender State Bank of India (SBI) organised a  The panel proposed creation of a national Asset nation-wide Kisan Mela on July 18 as an outreach programme for Management Company (AMC) to take over such Non- farmers and to impart financial literacy. Kisan Mela is a one-of-its- Performing Assets from banks. The committee suggested kind initiative by SBI to connect with farmer customers, resolve setting up of an AMC with an equity contribution from banks, foreign funds and infrastructure funds such as the their grievances and educate them about their rights and various National Infrastructure Investment Fund (NIIF). banks initiatives.  As on March 31, 2018, bad loans across listed banks SBI and NABARD tie-up for credit in Telangan stood at over Rs 10 lakh crore. As per the RBI’s recently State Bank of India and National Bank for Agriculture and Rural released Financial Stability Report, the number of gross NPA ratio is set to rise by March 2019 to 12.2 percent Development have joined hands to provide collateral-free credit from 11.6 percent in March 2018. through Joint Liability Groups inTelangana. The two signed an MoU, along with seven NGOs from Nizamabad, Medak and RBI issues licence to Bank of for operations in India Warangal districts, for the promotion and credit linkage of 2,000 The Reserve Bank of India (RBI) has issued a licence to Bank of JLGs during the current year. China to operate in India. The decision was reportedly based on the commitment made by PM Narendra Modi to Chinese leadership SBI Card launches ‘ELA’ – an AI Powered virtual Assistant during the Shanghai Cooperation Organisation summit. Bank of to make life simple for Customers China is one of China’s four major state-owned banks and has a SBI Card has announced the launch of ‘ELA’ (Electronic Live market capitalisation of $153 billion. (Central Bank of China- Assistant), a virtual assistant for customer support and services. People’s Bank Of China. HQ-Bejing) Driven by Artificial Intelligence and Machine Learning algorithms, RBI cancels licence of Alwar Urban Co-operative Bank ELA will revolutionise the way customers interact with the The Reserve Bank of India (RBI) said that the licence of Alwar company. ELA is designed to enhance customer experience by Urban Co-operative Bank in Alwar, Rajasthan has been cancelled providing relevant and instant responses to customer queries. as it is not in a position to pay its depositors in full as and when Customers can communicate with ELA in simple conversational their claims accrue, among other reasons. It also added that the language, enabling easy interface along with prompt query cancellation of the licence is effective from the close of business. resolution.

4 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 KEY ISSUES Government to infuse Rs 11,336 crore capital Latest Interest Rates On These Five Small in 5 public sector banks by September-end Savings Schemes For September Quarter (a) Union Finance Ministry is planning to infuse Interest rates on small savings schemes for the quarter ending additional capital close to Rs 11,336 crore in 5 September have been kept unchanged. Interest rates on small more public sector banks (PSBs) by September savings schemes like public provident fund (PPF), national 2018-end. These five state-owned banks are savings certificates (NSC), senior citizen savings schemes Punjab National Bank (PNB), Corporation Bank, (SCSC), kisan vikas patra (KVP) and sukanya samriddhi Andhra Bank, Allahabad Bank and Indian accounts, among others, are decided every quarter by the Overseas Bank (IOB). government. (b) Within capital infusion plan of these five PSBs, 15-year public provident fund scheme PNB is expected to get highest amount of Rs Public provident funds (PPF) are a long-term investment option 2,816 crore. Corporation Bank is will get Rs 2,555 which offer the benefit of exempt, exempt, exempt or EEE on crore followed by Indian Overseas Bank (Rs 2157 income tax. EEE means that PPF returns are exempt from crore), Andhra Bank (Rs 2,019 crore) and income tax, the maturity amount is tax-free and the main Allahabad Bank (Rs 1,790 crore). investment is qualifies for a deduction under section 80C of (c) This round of capital infusion will be done through the Income Tax Act. PPF accounts can be opened in banks and issuance of recapitalisation bonds and not directly post offices. from Budget. This additional capital will help these Interest rate on PPF accounts stands at 7.6 per cent per annum banks to meet minimum regulatory capital for the quarter ending September. The interest on PPF accounts adequacy ratio (CAR) and enable them to make is compounded yearly. interest payments on certain bonds on time. National Savings Certificates (NSC) (d) The latest round capital infusion in these 5 PSBs NSC certificates can be purchased from post offices. The will be part of remaining Rs 65,000 crore out of investment tenure of NSCs is for five to 10 years. NSC is a Rs 2.11 lakh crore capital infusion announced by low-risk, secure investment option. NSCs offer you benefits Union Government for two financial years. under Section 80C of the Income Tax Act. (e) In October 2017, Union Government had Interest rates on NSCs for the quarter ending September is announced Rs 2.11 lakh crore capital infusion fixed at 7.6 per cent per annum. The interest is compounded programme, under which PSBs were to get Rs 1.35 annually but paid on maturity. lakh crore through recapitalisation bonds, and Senior Citizen Savings Schemes (SCSC) balance Rs 58,000 crore through raising of capital This saving scheme is meant for people above 60 years of age. from market and remaining through budgetary People who take voluntary retirement can also invest in this support. scheme. Only one deposit, not exceeding Rs. 15 lakh, is allowed (f) The government has already infused Rs 80,000 in this scheme. The maturity period is five years. Investment crore out of Rs 1.35 lakh crore through under this scheme qualifies for benefit under Section 80C of recapitalisation bonds in PSBs and balance will the Income Tax Act, 1961. This account can be opened in be done during this financial year (2018-19). banks and post offices. India becomes world’s 6th largest economy Interest rate on senior citizen savings scheme for the quarter in 2017 ending September is fixed at 8.3 per cent per annum. It is (a) India has become the world’s sixth-biggest payable from the date of deposit of March 31/ September 30/ economy, pushing France into seventh place, December 31 in the first instance and thereafter, interest is according to updated World Bank figures for 2017. payable on March 31, June 30, September 30 and December (b) India’s gross domestic product (GDP) amounted 31. to $2.597 trillion at the end of last year, against Kisan Vikas Patra (KVP) $2.582 trillion for France. KVP is also a long-term savings plan. KVP certificates can be (c) Top largest economies: At end of 2017, United purchased from post offices. The certificate can be encashed States was world’s largest economy with size of after two-and-a-half years from the date of issue. US $19.39 trillion, followed by China (US $12.23 Interest rate on KVP is fixed at 7.3 per cent for the quarter trillion) at the second place. ending September. The interest on KVP is compounded annually. (d) Japan (US $4.87 trillion) and Germany (US $3.67 The amount invested doubles in 118 months (9 years and 10 trillion) are at third and fourth places, months). respectively. Britain is still world’s fifth-biggest Sukanya Samriddhi Account economy with a GDP of $2.622 trillion. A legal guardian/ natural guardian, on behalf of a girl child, can (e) According to International Monetary Fund (IMF), open this account in post offices or banks. This account matures India is projected to grow at 7.4% in 2018 and in 21 years after you deposit money for 15 years. This scheme 7.8% in 2019 mainly boosted by household gives a triple income tax benefit i.e. there will be no tax on the spending and tax reform. This compares to world’s amount invested, amount earned as interest and amount expected average growth of 3.9%. withdrawn. (f) Besides, London-based Centre for Economics and Interest rate on sukanya samriddhi accounts is fixed at 8.1 Business Research has predicted that in future, per cent per annum. It is compounded and calculated on a India will overtake both Britain and France in terms yearly basis. of GDP and has good chance of becoming world’s third-biggest economy by 2032. (g) India, with population of around 1.34 billion is  poised to become world’s most populous nation, whereas France’s population stands at 67 million.

5 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 OTHER BANKS with a market cap of $353 billion, followed by Bank of America at $282 billion. Jana Small Finance Bank launches commercial operations (c) There are four lenders from India that now rank among A micro-finance company-turned-Jana Small Finance Bank the world’s 500 most valuable companies. HDFC Bank headquartered in Bengaluru began its operations for greater financial is followed by its housing finance cousin Housing inclusion. One of the 10 financial institutions to get banking license Development Finance Corporation (HDFC), Kotak from the Reserve Bank of India in April 2017, Jana aims to be an Mahindra Bank and State Bank of India.(HDFC- CEO: inclusive digitised bank serving all customer segments and Aditya , Headquarters: Mumbai) communities across the country. With its “paise ki kadar” (value (d) In all, there are now 11 Indian companies among the for money) catchphrase, the bank offers better returns than state- world’s 500 biggest firms in terms of market cap. run and other private banks with 8.5 per cent interest rate on fixed Tata Consultancy Services tops the chart with a market deposits for 366 days. cap of $103 billion, followed by Reliance Industries. An All-Women Branch inaugurated at Jammu and Kashmir Bank credit grows at 12.84%, deposits at 7.59% Bank (a) Bank credit grew by 12.84 per cent to Rs 86,16,408 crore in the fortnight ended June 22.In the year-ago(2017 As a step towards women empowerment, the state’s first all- women branch of Jammu and Kashmir Bank has been inaugurated. june) fortnight, bank loans stood at Rs 76,35,689 crore. (b) During the fortnight ended June 22, bank deposits had First Lady Usha Vohra e-inaugurated the first ‘All-Women Branch risen by 7.59 per cent to Rs 113,53,525 crore, compared of Jammu and Kashmir Bank’ at a function organised at the Sher-i- Kashmir International Convention Centre (SKICC). with Rs 105,51,910 crore in the period ended June 23, 2017. NABARD award for Repco Micro Finance (c) Loans to industry rose by 1.4 per cent in May 2018, Repco Micro Finance Ltd, a non-banking finance company against a contraction of 2.1 per cent in May 2017. promoted by Repco Bank, received Nabard 2018 award for its (d) Advances to agriculture and allied activities increased by service to self-help group (SHG) linkage in Tamil Nadu for the 6.4 per cent in May 2018, compared with an increase of fiscal year 2017-18. Since its inception, the NBFC has disbursed 7.4 per cent in May 2017. loans amounting to Rs 2,500 crore to over 10 lakh beneficiaries through 50,000 SHGs. ICICI Bank mortgage portfolio crosses Rs 1.5 trillion ICICI Bank said its mortgage loan portfolio crossed the Rs 1.5- Airtel Bank gets RBI, UIDAI nod trillion milestone, making it the largest private player in the (a) Airtel Payments Bank has received requisite approvals segment. The lender is targeting to grow it to Rs 2 trillion by FY20. from the Reserve Bank to begin taking new customers. At Rs 1.5 trillion, the mortgage loan-book is half of the bank’s (b) Aadhaar-issuing authority UIDAI has also allowed it to overall retail loan portfolio of around Rs 3 trillion. It is now the use the 12-digit unique identification number-based e- largest private sector bank and the largest mortgage player among KYC our peers with a Rs 1.5-trillion loan book. (c) The development comes nearly seven months after Airtel along with Airtel Payments Bank came under fire for Manappuram Finance to acquire 85% stake in ISFC for Rs allegedly opening payments bank accounts of its mobile 212 cr subscribers without their consent, and LPG subsidy Manappuram Finance has agreed to buy 85.39 per cent stake in worth crores was deposited into these accounts. Indian School Finance (ISFC) for over Rs 212 crore. ISFC, which (d) RBI thereafter had directed Airtel Payments Bank not to lends to educational institutions, including private schools, on-board new customers while Aadhaar-issuing body vocational colleges and institutes, coaching centres to build UIDAI had suspended the e-KYC licence of both Airtel infrastructure, had assets under management (AUM) of Rs 522.59 and the payments bank. crore in FY 2018. The company has also entered into a transfer (e) The company had denied any wrong doing and restrictions agreement with Indian School Finance Company and streamlined its processes to comply with the regulations. certain continuing shareholders of the target entity. Manappuram Finance- Headquarters: Thrissur, CEO: V.P. Nandakumar HDFC Bank most valuable bank in the emerging market outside China Yes Bank gets SEBI nod to launch MF business Yes Bank has received approval from capital markets regulator (a) HDFC Bank has gone past Russia’s Sberbank to become the most valuable bank in the emerging market outside SEBI to start mutual fund business. This approval is subsequent China. HDFC Bank’s current market capitalisation is to the Reserve Bank of India’s (RBI) approval granted to Yes Bank $78.4 billion against Sberbank’s $74.4 billion. to sponsor a mutual fund followed by SEBI’s in-principle approval (b) Chinese banks are leading the pecking order in the received subsequently.( Yes Bank MD and CEO- Rana emerging market, with Industrial & Commercial Bank of Kapoor.Head office of Yes Bank- Mumbai) China topping the list with a market cap of $273.4 billion, DBS on track to launch local subsidiary in October followed by China Construction Bank ($225.1 billion). DBS Bank of Singapore said it will launch its India subsidiary in Globally, America’s JPMorgan Chase is the most valuable October, the second foreign bank in the country to convert its local

6 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 operations into a wholly-owned entity. State Bank of Mauritius half of the total economy. India will become 5th largest economy was the first to open a local subsidiary in India last year, after RBI by 2022 by surpass UK.India became the sixth largest economy came out with the regulations in 2013. ( DBS Group CEO Piyush with a GDP of $2.59 trillion in 2017. Gupta) OECD predicts India to grow over 7% RATING AND SURVEY According to Organisation for Economic Cooperation and Development (OECD), India’s economic growth is poised to rise India fastest growing economy in Asia; on track to meet to 7.4% in 2018 and 7.5% in 2019 as the economy has been able to FY18 target: ADB navigate through growth obstacles due to demonetisation and impact (a) According to a report by Asian Development Bank of GST rollout.( OECD HQ-Headquarters: Paris, France. Secretary- (ADB), India continues to be the fastest growing General: José Ángel Gurría) economy in Asia and is on track to meet current fiscal FDI growth hits 5-year low in 2017-18 year’s projected growth of 7.3 per cent. Foreign direct investment (FDI) in India seems to be petering out (b) It further said, Indian economy’s growth will further with the inflows growth rate recording a five-year low of 3 per cent accelerate to 7.6 percent in 2019, as measures taken to at USD 44.85 billion in 2017-18. According to the latest data of the strengthen the banking system and tax reform boost Department of Industrial Policy and Promotion (DIPP), FDI in investment. 2017-18 grew by only 3 per cent to USD 44.85 billion. (c) Asian Development Bank-Headquarters: Manila, Philippines, President: Takehiko Nakao (d) Founded: 19 December 1966, Membership: 67 countries OTHER FINANCIAL NEWS

India’s growth story intact; GDP to grow around 7.5%: FICCI IRDAI gives nod to LIC to buy stake in IDBI Bank (a) According to industry body Ficci, despite short-term (a) Life Insurance Corporation of India is all set to become a challenges India’s economic growth story remains intact knight in shining armour for the ailing IDBI Bank. In a and the country’s GDP is expected to grow around 7.5 first-of-its-kind transaction, the Insurance Regulatory per cent in the current financial year. and Development Authority of India (IRDAI) has (b) The Federation of Indian Chambers of Commerce and approved a proposal allowing the former to acquire a Industry (FICCI) is an association of business majority stake in the bank. organisations in India. Established in 1927, on the advice (b) IRDAI is an autonomous, statutory body tasked with of Mahatma Gandhi by GD Birla and regulating and promoting the insurance and re-insurance Thakurdas, it is the largest, oldest and the apex business industries in India.HQ-Hyderabad, Telangana.Chairman: organisation in India.It is a non-government, not-for- Subhash Chandra Khuntia profit organisation. (c) LIC-Headquarters: Mumbai,Chairman: V.K. Sharman. IDBI Bank-Headquarters: Mumbai, MD & CEO: Mr. IMF cuts India growth forecast for 2018 to 7.3% B. Sriram (a) The International Monetary Fund (IMF) in its latest World Economic Outlook (WEO) update has projected NABARD launches South East Asia’s first ever Centre for growth rate of 7.3% in 2018-19 against earlier estimate Climate Change in Lucknow of 7.4%, slightly less — 0.1 percentage point in 2018. In National Bank for Agriculture and Rural Development (NABARD) 2019-20, it will grow by 7.5% against earlier estimate of has launched Centre for Climate Change in Lucknow, Uttar Pradesh. 7.8%. It is first of its kind centre in South East Asia. National Bank for (b) The global growth is projected to reach 3.9% in 2018 and Agriculture and Rural Development (NABARD) is an apex 2019, in line with forecast of April 2018 WEO. development financial institution in India, headquartered at (c) WEO is survey conducted and published by IMF. It is Mumbai.(Chairman: Dr. Harsh Kumar Bhanwala) published biannually and partly updated two times a NABARD was established on the recommendations of B.Sivaraman year. Committee, on 12 July 1982 to implement the National Bank for (d) International Monetary Fund-Headquarters: Washington, Agriculture and Rural Development Act 1981.The authorized share D.C., CEO: Christine Lagarde.Membership: 189 capital is Rs.30,000 crore. countries. Piyush Goyal announces slashed GST rates (e) International Bank for Reconstruction and Development (a) Following the Goods and Service Tax (GST) Council (IBRD) and the International Monetary Fund (IMF) meeting in New Delhi, Interim Union Finance Minister came into formal existence in 1945 at the Bretton Woods Piyush Goyal announced reduced GST rates for a variety Conference. of commodities. Indian digital economy likely to touch $1 trillion-mark by (b) Apart from a 100 per cent waiver of GST on sanitary 2022 pads, the council has decided to nullify tax on raw Economic Affairs Secretary Subhash Chandra Garg said that India’s materials such as stone, marble and wood, used by for digital economy is expected to touch $1 trillion mark by 2022 and making handicrafts like sculptures. going forward, possibly by 2030, the digital economy would be

7 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 (c) The GST charged for commodities such as lithium-ion Cabinet approves capital infusion in Export Credit Guaran- batteries, vacuum cleaners, food grinders, mixers, storage tee Corporation Ltd. water heaters, head dryers, hand dryers, paint, varnishes, The Cabinet Committee on Economic Affairs chaired by Prime water cooler, milk cooler, ice cream coolers, perfumes, Minister Shri Narendra Modi has approved the capital infusion of toilet sprays and other toiletries has been slashed from Rs.2000 crore for strengthening of Export Credit Guarantee 28 per cent to 18 per cent. Corporation (ECGC). The amount would be infused in the three (d) The GST on handbags, jewellery box, wooden box for financial years i.e. Rs.50 crore in 2017-18, Rs.1450 crore in the paintings, glass art ware, ornamental framed mirrors, year 2018-19 and Rs.500 crore for 2019-20. ECGC provides handmade lamps, wax, natural gum, iron and brass insurance cover on exports to around 200 countries and more than products have been reduced from 18 per cent to 12 per 85 per cent of its customers are MSMEs. Headquarters: cent. Mumbai.Chairman & MD-Geetha Muralidhar (e) Various fabrics, like Chenille fabrics, mats made via handlooms, fertilizer-grade phosphoric acid, which were CORPORATE AFFAIR earlier under the 12 per cent bracket, will be charged 5 per cent, while the GST on washing machine reduced Flipkart’s PhonePe Acquires POS platform Zopper Retail from 28 per cent to 18 per cent. Flipkart’s digital payment subsidiary PhonePe has acquired Zopper Lok Sabha passes Fugitive Economic Offenders Bill, 2018 Retail – a hyperlocal Point of Sale (POS) platform for small and medium businesses. The acquisition is a part of the company’s (a) Lok Sabha has passed Fugitive Economic Offenders Bill, strategy to aggressively ramp up its offline business. 2018 that aims to curb practice of evading criminal prosecution by economic offenders fleeing from country Walmart, Microsoft team up to take on Amazon to evade clutches of Indian law by remaining outside Walmart has entered into a strategic partnership with Microsoft jurisdiction of Indian courts. on “digital transformation” for the onetime retail industry leader. (b) Fugitive economic offender (FEO) has been defined as The move is aimed at helping Walmart compete better against person against whom an arrest warrant has been issued Amazon, which is taking a growing share of retail sales in the for committing an offence listed in schedule (enlisted in United States and globally. the this law) by any court in India, but he leaves or has (1) Microsoft Corporation is an American multinational left India to avoid criminal prosecution or refuses to technology company with headquarters in Redmond, return to India to face criminal prosecution. It is Washington. Founders: Bill Gates. CEO: Satya Nadella applicable in cases where total value involved in such (2) Walmart is an American multinational retail corporation economic offences is Rs.100 crore or more. and grocery stores.Founder: Sam Walton. Headquarters: (c) This laws empowers director or deputy director Bentonville, Arkansas, United States. Greg Penner (appointed under Prevention of Money-Laundering Act, (Chairman), Doug McMillon (President & CEO) 2002) to attach any property mentioned in application (3) Amazon.com, Inc., doing business as Amazon, is an with permission of special court. These properties can American electronic commerce and cloud computing be attached provisionally without the prior permission company.Founder and CEO: Jeff Bezos of the special court for 30 days. The attachment will continue for 180 days, unless it is extended by special IFFCO launches iMandi App for rural digital revolution court. If at the conclusion of proceedings, person is not Indian Farmers Fertiliser Cooperative Limited (IFFCO), a large- found to be FEO, his properties will be released. scale fertiliser cooperative federation has taken another step to serve and connect the farmers digitally by launching a social e- CBIC launches GST ‘Verify App’ commerce app and web portal, “IFFCO iMandi”. This is in line The Central Board of Indirect Taxes and Customs (CBIC) has with the vision for a “Digital India” by Prime Minister Narendra developed a mobile app ’GST Verify’ to protect interest of Modi. Going forward, all e-commerce and digital initiatives of consumers. It is an android app to verify if the person collecting IFFCO shall be available on the IFFCO iMandi platform. GST from the consumer is eligible to collect it or not. It also provides the details of the person/ company collecting GST. Paytm launches forex services Payments-wallet services provider Paytm has launched foreign NSIC signs MOU with Small Business Corporation (South exchange services in 20 international currencies. It would offer Korea) “multi-currency forex card and forex cash”. This offering allows to National Small Industries Corporation (NSIC) signed an MOU lock-in the current rates at the time of placing an order by making with Small Business Corporation (SBC) of South Korea to facilitate, a two per cent partial payment with the flexibility to make the assist and provide necessary support to MSMEs of both the remaining payment at the time of delivery. countries to identify and exchange latest technologies, share management expertise, Product development, technology BSE signs pact with BME applications for productive development coinciding with the The Bombay Stock Exchange (BSE) has signed Memorandum of inauguration of Indo Korea Technology Exchange Centre at NSIC Understanding (MoU) with the Bombay Metal Exchange (BME) campus, Okhla Industrial Estate, New Delhi. for the growth and systematic development of commodity derivatives markets in the non-ferrous metals complex.

8 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

NOTE-Established in 1875, the BSE is Asia’s first stock exchange. NRL becomes 1st oil PSU to introduce online legal compli- BSE was founded by Premchand Roychand. The BSE is the world’s ance 10th largest stock exchange with an overall market capitalization Numaligarh Refinery Ltd (NRL) in Assam has become the first oil of more than $2.3 trillion on as of April 2018. Location: Dalal public sector undertaking (PSU) to adopt an online legal compliance Street, Mumba, MD & CEO-Mr. Ashishkumar Chauhan system by introducing ‘Legatrix’. ‘Legatrix’ is a onestop solution for effectively managing the organisations legal and regulatory RIL Becomes India’s Largest Tax Payer In Private Sector compliances through monitoring control at different levels. NRL’s Reliance Industries Chairman Mukesh Ambani at the Reliance MD-S K Barua Industries’ 41st Annual General Meeting announced that Reliance is India’s largest payer of Goods and Services Tax (GST), Excise KVIC launches e-marketing system and Customs Duty, and Income Tax in the private sector paying The Khadi and Village Industries Commission (KVIC) has launched Rs.9844 crore in FY18. Reliance has become the first Indian its in-house developed, single-umbrella e-marketing system named company to record PBDIT (Profit Before Depreciation Interest Khadi Institution Management and Information System (KIMIS) and Taxes) of over $10 billion. Other Businesses Reliance Industries in New Delhi. It can be accessed from anywhere in the country for have are: refining, petrochemicals, retail and digital services. sale and purchase of Khadi and Village Industries products. The Khadi and Village Industries Commission (KVIC) is a statutory HCL acquires Germany-based IT service provider body formed by the Government of India, under the Act of Software company HCL Technologies has acquired Germany-based Parliament, ‘Khadi and Village Industries Commission Act of IT and engineering services provider H&D International Group for 1956’.Its head office is based in Mumbai, with its six zonal offices an undisclosed sum. H&D International Group is one of the largest in Delhi, Bhopal, Bangalore, Kolkata, Mumbai and Guwahati. IT service providers in the German automotive industry and Agency executive: Vinai Kumar Saxena (Chairman) operates in over 20 locations globally. India formally announced as 69th shareholder of EBRD INVESTMENT & ALLOCATION India has been formally inducted as the 69th shareholder of European Bank for Reconstruction and Development (EBRD). It NABARD sanctions over Rs 735 cr for Bengal for rural comes after entire membership process completed recently and infra projects after EBRD’s board of governors, which represents all existing NABARD has sanctioned Rs 735.53 crore in the first quarter of shareholders voted unanimously in favour of India’s application in the current fiscal under the Rural Infrastructure Development Fund Mar 2018. (RIDF) for West Bengal for facilitating the execution of 86 projects. India will only take shareholding in EBRD and will not be recipient They include six solar power, one medium irrigation, five minor of EBRD financing. It will pave way for more joint investment irrigation and 12 flood protection projects, besides 57 projects for with Indian companies across EBRD’s regions of operation. the widening and strengthening of roads and five rural bridges. EBRD, headquartered in London, United Kingdom, is a multilateral NABARD developmental investment bank. It is owned by 65 countries and (1) NABARD was established on the recommendations of two EU institutions. B.Sivaraman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981. (2) The initial corpus of NABARD was Rs.100 crores.  (3) Consequent to the revision in the composition of share capital between Government of India and RBI, the paid up capital as on 31 May 2017, stood at Rs.6,700 crore VANIK’S KNOWLEDGE GARDEN with Government of India holding Rs.6,700 crore (100% share). AIIB BANK (4) The authorized share capital is Rs.30,000 crore.  AIIB is a multilateral development bank Chairman: Dr. Harsh Kumar Bhanwala, Headquarters: backed by China and is seen as a rival to the Mumbai World Bank and Asian Development Bank ADB approves Lining Project of Son Canal in Bihar (ADB). The capital of the bank is $100 billion The Asian Development Bank (ADB) has approved Lining Project of Son canal in Shahabad-Bhojpur region of Bihar. The estimated  AIIB headquarters in Beijing, China. cost of this project is US $503 million (Rs 3272.49 crore) out of  Mr. Jin Liqun is the current President of which US $352 million is being provided by ADB. ADB is a regional development bank which aims to promote social and AIIB. economic development in Asia. It was established in December  Bank currently has 64 member states. 1966. It is headquartered in Manila, Philippines. It has total 67 members, of which 48 are from within Asia and the Pacific and 19 outside. President: Takehiko Nakao

9 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

5th RCEP intersessional ministerial meeting held in Tokyo The 5th Regional Comprehensive Economic Partnership (RCEP) intersessional ministerial meeting has been held in Tokyo, Japan. It was the first RCEP ministerial gathering to be held outside ASEAN countries. It was co-chaired by Singapore’s Minister of Trade and Industry Chan Chun Sing and his Japanese counterpart Hiroshige Seko. RCEP is a proposed proposed free trade agreement (FTA) or comprehensive regional economic integration agreement between the 10-ASEAN countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam) and its six FTA partners (Australia, New Zealand, India, China, Japan and Korea). Turkey lifts state of emergency after 2 years In Turkey, the state of emergency, which was imposed after the failed coup two years ago, came 4th BIMSTEC Summit to be held in Kathmandu, in to an end on 19th July. President Recep Tayyip Erdogan declared emergency on 20th July 2016, five days after August 2018 warplanes bombed Ankara and clashes broke out in Istanbul that (a) The fourth edition of Bay of Bengal Initiatives for Multi- claimed 249 lives. Sectoral, Technical and Economic Cooperation (BIMSTEC) will be held in Kathmandu, capital city of UN Security Council adopts Resolution 2427 to protect chil- Nepal from 30 to 31 August, 2018. dren in armed conflict. (b) BIMSTEC was established on 6 June 1997 through The United Nations Security Council (UNSC) has adopted Bangkok Declaration. It is headquartered in Dhaka, Resolution 2427 aimed at providing legal framework for Bangladesh.Nepal is the current chair of BIMSTEC. mainstreaming protection, rights, well-being and empowerment of (c) Member countries: India, Nepal, Bangladesh, Bhutan, children throughout the conflict cycle. Sri Lanka from South Asia and Myanmar, Thailand from The resolution has won unanimous approval of the 15 members of South East Asia. the council. 10th edition of Delhi Dialogue held in New Delhi The resolution strongly condemns recruitment and use of children in armed conflicts as well as their re-recruitment, killing and rape, (a) The 10th edition of Delhi Dialogue (DD X) was held in maiming and other violations of international law committed against New Delhi and was hosted by Union External Affairs children in situations of armed conflict. Minister . The theme for this edition was UNSC-UN Security Council (UNSC) UNSC is most powerful and “Strengthening India-ASEAN Maritime Cooperation”. one of the six principal organs UN. It has 15 members, including (b) Delhi Dialogue is premier annual event to discuss politico- five permanent ones with power of veto. The five permanent security, economic and socio-cultural engagement members are China, France, Russia, UK and US. 10 non-permanent between India and the Association of Southeast Asian members are elected for two-year terms each. Nations (ASEAN). (c) ASEAN-Headquarters: Jakarta, Indonesia. Founded: 8 Disney launches campaign to support women filmmakers August 1967(Bangkok Declaration) . Disney has launched a campaign titled ‘Dream Big Princess’ with (d) Secretary General-Lim Jock Hoi. Member Nations : an aim to inspire and support aspiring women filmmakers. The Indonesia, Thailand, Malaysia, Vietnam, Singapore, studio has selected 21 women from 13 countries to develop digital Philippines, Myanmar (Burma), Cambodia, Brunei, Laos short films about women who inspire them. The filmmakers will EU, Japan sign massive free trade deal tell the stories of real women working in various industries, including entertainment, sports, government, science and philanthropy. European Union (EU) and Japan have signed Economic Partnership Agreement (EPA). It was signed at EU-Japan summit in Tokyo by UN approves US $6.69 billion dollar budget EU Presidents Jean-Claude Juncker and Donald Tusk and Japanese The Fifth Committee (Administrative and Budgetary) of United Prime Minister Shinzo Abe. Nations General Assembly (UNGA) approved US $6.69 billion dollar budget for 13 peacekeeping operations for year 2018-19. This is the second year in row in which committee has made significant cuts to overall peacekeeping budget.

10 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

The budget approved for missions include MINUJUSTH (UN one-third of the global total. The report was released on the sidelines Mission for Justice Support in Haiti), MINUSCA of the ongoing Mobile World Congress Shanghai. (Multidimensional Integrated Stabilisation Mission in Central All three Chinese mobile operators (China Mobile, China Unicom African Republic), MINURSO (Mission for Referendum in Western and China Telecom) are currently conducting live 5G trials as part Sahara), MONUSCO (Stabilisation Mission in Democratic of a multi-year plan that includes research and development, and a Republic of the Congo) and UNIFIL (Interim Force in Lebanon). network deployment strategy with a view to a large scale commercial The United States is biggest contributor to UN, paying 22% of launch by 2020. $5.4 billion core budget and 28.5% of the US $ 7.9 billion peacekeeping budget. NASA postpones James Webb Space Telescope launch to China is other top contributor with 10.3% followed by Japan with 2021 9.7 %. The NASA space agency has delayed the launch of its flagship highly anticipated James Webb Space Telescope by another 10 ‘Epidiolex’ – world’s first medicine made from marijuana months. The successor to the agency’s iconic Hubble Space In a landmark decision, the US Food and Drug Administration on Telescope, Webb was earlier scheduled to be launched in May June 25 approved the first medical drug made from marijuana 2020 but has now been pushed back to March 2021 due to some (Ganja). Created by GW Pharmaceuticals, Epidiolex is an oral technical challenges and tasks remaining before launch. solution of cannabidiol (OSC) and does not cause intoxication or a The move follows recommendation by an Independent Review high. The drug will be used to cure severe forms of epilepsies in Board (IRB) established by NASA to assess progress on the world’s children. premier science observatory. The project’s development cost has now risen from $8 billion to $8.8 billion, and its total lifecycle BRICS media forum to start in Cape Town price tag now stands at $9.66 billion. The 3rd BRICS Media Forum under the theme of “BRICS Media Cooperation – Fostering an Inclusive, Just World Order” will be Abu Dhabi ‘smartest city’ in Middle East: Study held on July 18-19 in Cape Town, South Africa. Topics to be Abu Dhabi, the capital of the United Arab Emirates (UAE), has discussed at the forum include media’s role and responsibility in topped the list of “smart cities” in the Middle East and Africa, strengthening the BRICS narrative, enhancing new media according to a report by McKinsey Global Institute titled “Smart cooperation in BRICS countries, as well as media cooperation Cities: Digital Solutions for a More Livable Future”.With a rating between BRICS and Africa. of 18.4, Abu Dhabi ranked the first in the region ahead of Dubai, which was placed the second with a rating of 17.3. Iceland takes up US seat at UN rights council Iceland was elected to take up the seat left vacant at the United Pakistan Placed on ‘Grey List’ by FATF Nations Human Rights Council after the United States quit the The global anti-terror financing watchdog, Financial Action Task body. In a vote at the General Assembly, Iceland picked up 172 Force (FATF), has placed Pakistan on the ‘grey list’ for failing to votes during a secret ballot as the candidate put forward by the curb anti-terror financing and money laundering on its soil. The regional grouping for that seat.( UNHRC HQ-Headquarters: decision to put Pakistan under International Cooperation Review Geneva, Switzerland) Group (ICRG), commonly known as ‘grey list’ was taken during FATF’s plenary meeting in Paris. Being placed on the ‘grey list’ South Africa celebrates 100th birth anniversary of Nelson means that Pakistan’s financial system will be designated as posing Mandela a risk to the international financial system because of “strategic South Africa celebrates the 100th birth anniversary of Nelson deficiencies” in its ability to prevent terror financing and money Mandela this week. His birthday on July 18 is marked annually laundering. FATF-Headquarters: Paris, France President: Roger around the world, and the Nelson Mandela Foundation called this Wilkins year for people to take action and inspire change in Mandela’s name. INDEX China launches two remote sensing satellites for Pakistan Rajasthan’s Udaipur ranked 3rd among world’s best cities China successfully launched two remote sensing satellites PRSS-1 for second successive year and PakTes-1A of Pakistan on board of Long March-2C rocket The city of Udaipur has once again in 2018 been ranked among the from Jiuquan Satellite Launch Centre. PakTES-1A is Pakistan’s indigenously developed scientific experiment satellite developed World’s Best Cities by Travel + Leisure. Udaipur, the heritage- city built by the Maharanas of Mewar in the 16th century, is on by engineers from its space agency SUPARCO (Space and Upper the third place among the 15 of the world’s best cities. The top 2 Atmosphere Research Commission). PRSS-1: It is China’s first cities are both in Mexico: San Miguel de Allende and Oaxaca. optical remote sensing satellite sold to Pakistan. China expected to become largest 5G market by 2025 UK tops Global Ranking of Nations’ Soft Power, India not on According to the joint report by the Global System for Mobile list Communication Association (GSMA) and Global TD-LTE The UK has topped an annual global ranking of nations’ soft power, Initiative (GTI),China is expected to become the world’s largest with France placed second on the list of 30 countries which does 5G market by 2025, accounting for 430 million 5G connections, or not feature India.

11 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

The 2018 ‘Soft Power 30’ index, published last week by UK- (b) It was 11th edition of GII and was jointly released by based strategic communications consultancy firm Portland and the Cornell University, INSEAD and World Intellectual University of Southern California Center on Public Diplomacy, Property Organisation (WIPO). ranked Germany as third followed by the US. (c) Switzerland topped the list followed by Netherland India does not figure on the list, but this year’s report also features ,Sweden, UK and Singapore. a chapter dedicated solely to Asia, listing 10 countries in the region, (d) The GII global ranking is published by World Intellectual ranking India’s soft power as eighth. Property Organisation (WIPO) – a specialized agency of United Nations in association with Cornell University Forbes list of America’s richest self-made women include and graduate business school INSEAD. two of Indian origin (e) It ranks nations based on 80 indicators, ranging from Two women, Jayshree Ullal and Neerja Sethi, who belong to an intellectual property filing rates to R&D, online Indian background, have secured a place on Forbes list of Americas creativity, mobile application creation, computer software 60 richest self- made women, ranking on the 18th and 21st spot, spending, education spending, scientific & technical respectively. Ullal, the CEO of Arista Network was ranked on the publications and ease of starting business. 18th position and Sethi, the Vice President of a tech company (f) India’s Confederation of Indian Industry (CII) is one of called Syntel, secured 21st position on the 60 richest self- made the knowledge partners which assists GII team in bringing women list. out the annual ranking. India climbs 3 spots to 57th in global innovation rankings Mark Zuckerberg becomes third-richest in the world with The Global Innovation Index (GII) has ranked India as the 57th net worth of $81.6 billion most innovative nation in the world. The country has improved its (a) Facebook Chief Executive Officer Mark Zuckerberg ranking from 60th position in 2017. Switzerland retained its overtook American businessman Warren Buffett to number-one spot in the GII ranking. become the world’s third-richest person. The GII is being developed jointly by Cornell University, the (b) The 34-year-old Zuckerberg is now worth about $81.6 Paris-based business school Insead and the World Intellectual billion, and trails only Amazon founder Jeff Bezos and Property Organisation (WIPO) in Geneva. Microsoft’s Bill Gates. (c) India moves up to 35th rank in JLL realty index Bezos is worth $142 billion, while Gates’ worth is $94.2 billion, according to the Bloomberg Billionaires Index.It India has moved up a place to 35th spot in JLL’s Global Real is a daily ranking of the world’s richest people, and the Estate Transparency Index 2018, registering maximum figures are updated at the end of each day’s trade in New improvement in transparency over the last two years. According York. to the survey, UK is at the top position followed by Australia and (d) Buffett, the chairman of multinational conglomerate the US. Venezuela is the least transparent market with 100th rank. holding company Berkshire Hathaway, is in fourth place Global Innovation Index (GII): India ranks 57th with a net worth of $81.2 billion. (a) In recently released Global Innovation Index (GII) 2018, India was ranked 57th among 130 countries. 

Swachh Survekshan Grameen 2018 launched (a) The Ministry of Drinking Water and Sanitation launched a rural cleanliness programme, the ‘Swachh Survekshan Grameen 2018’, to rank all states and districts on the basis of qualitative and quantitative evaluation. (b) The objective of SSG 2018 is to undertake ranking of states and districts on basis of their performance attained on key quantitative and qualitative Swachh Bharat Mission-Grameen (SBM-G) parameters. (c) The programme plans to survey 6,800 villages in 680 districts across the country. It also plans to cover 34,000 public places in the villages. (d) According to the ministry, to take feedback from citizens on the Swachh Bharat Abhiyan, around 55,000 citizens would be interviewed and their views on sanitation issues would be taken. The ministry has engaged a private organization for the survey

12 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Telecom Commission approves net neutrality, new telecom Government to hand-deliver 11 crore Ayushman Cards policy The government will print and hand-deliver about 110 million The Telecom Commission approved net neutrality rules which bar ‘family cards’ for the Ayushman Bharat health insurance scheme in service providers from discriminating against Internet content and a major public contact programme by organising ‘Ayushman services by blocking, throttling or granting them higher speed access. Pakhwaras’ in villages as it seeks to implement the Prime Minister’s Some mission-critical applications or services like remote surgery signature move. The Central government will also set up a 24X7 and autonomous cars will, however, be kept out of the purview of call centre in the capital to attend to complaints and queries from net neutrality framework. The commission also approved the new citizens about the scheme and assist them when they are outside telecom policy — National Digital Communications Policy 2018 their home states. The government plans to complete all The commission has approved installation of around 12.5 lakh preparations for Ayushman Bharat by August 15. WiFi hotspot in all gram panchayats with viability gap funding of around Rs 6,000 crore by December 2018. Samsung inaugurates world’s largest mobile phone factory in Noida Law Commission Recommends Regulating Betting South Korean technology giant Samsung inaugurated the world’s (a) The Law Commission of India (LCI) in its recent report largest mobile manufacturing unit at Sector 81 in Noida, Uttar named, ‘Legal Framework: Gambling and Sports Betting Pradesh. It was jointly inaugurated by Prime Minister Narendra including Cricket in India’, recommended that gambling Modi and South Korean President Moon Jae-in. It will help and betting on sports be allowed as regulated activities. company to double its current manufacturing capacity for mobile (b) It recommended number of changes in law for regulating phones in Noida from 6.8 crore units a year to 12 crore units a year betting for making it taxable under direct and indirect tax (10 million phones in a month), in phase-wise expansion that will regimes and used as source for attracting foreign direct be completed by 2020. 70% phones manufactured in this facility investment (FDI). will be earmarked for domestic market in Indian and remaining (c) The commission is led by former Supreme Court Justice 30% will be exported to Middle-Eastern and African nations. BS Chauhan. The new factory has been built at investment of Rs. 4,915 crore on (d) Parliament may also enact model law for regulating 35-acre land. It will generate 2,000 direct jobs. At present, Samsung gambling that may be adopted by states or Parliament provides 70,000 direct and indirect jobs in country, 5,000 of them also may legislate in exercise of its powers under Articles are employed in Noida. India is world’s second-largest smartphone 249 or 252 of the Constitution. market after China (after it overtook US). (e) The Law Commission of India (LCI) is a non-statutory and non-constitutional body constituted by the Union Lok Sabha passes Right of Children to Free and Compul- Govt from time to time. sory Education (Second Amendment) Bill, 2017 Lok Sabha has passed The Right of Children to Free and India gets its first biofortified sorghum Compulsory Education (Second Amendment) Bill, 2017 to abolish India’s first biofortified sorghum (jowar), with significantly higher the ‘no detention policy’ in schools. The Bill amends the Right of iron and zinc than regular sorghum, has been formally launched. Children to Free and Compulsory Education Act, 2009. The Act Developed by ICRISAT it was released for cultivation by Vasantrao was having provision of no detention policy i.e. no child can be Naik Marathwada Krishi Vidyapeeth (VNMKV), Maharashtra. held back in any class until completion of elementary school (classes The improved variety ICSR 14001, released as ‘Parbhani Shakti’ by 1-8), which will be changed now. VNMKV, offers a cost-effective and sustainable solution to address micronutrient deficiency. Five oil PSUs sign JV(Joint Venture) pact for N-E Natural ICRISAT-International Crops Research Institute for the Semi-Arid Gas Pipeline Grid Tropics. Headquarters: Patancheru, Hyderabad, Telangana. (a) Five central oil PSUs – IOCL, ONGC, GAIL, OIL, and NRL have signed agreement for executing 1500 Km Election Commission launches app to help voters report poll North-East Natural Gas Pipeline Grid. code violations (b) It is a major initiative to connect all North-East States to The Election Commission launched an Android-based app, which National Gas Grid. It will be implemented under Centre’s allows voters to send geo-tagged videos and photos of any violations ambitious Urja Ganga Gas Pipeline Project. that take place during elections, including distribution of money or (c) The expenditure for 1500 Km length gas pipeline project gifts by political parties or even hate speeches being made while is Rs. 6000 crore and is scheduled to compete in four canvassing. The app known as ‘cVIGIL’, which stands for “citizens’ years (by 2022) in three phases. vigil”, was tested on a pilot basis during the polls in Karnataka’s Urja Ganga Gas Pipeline Project Bengaluru. The project was launched in October 2016 with an aim to The Election Commission has now decided to extend the service provide piped cooking (PNG) gas to residents of eastern region during the upcoming assembly polls in Madhya Pradesh, Rajasthan, of the country and CNG gas for the vehicles. The project Chhattisgarh and Mizoram. Chief election commissioner OP envisaged laying 2,050-km pipeline connecting Jagdishpur Rawat. Two Election Commissioners of India-Ashok Lavasa,Sunil (UP) to Haldia (West Bengal) by 2018. It covers five states Arora. including UP, Bihar, Jharkhand, West Bengal and Odisha. The project is being implemented by state-run gas utility GAIL.

13 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 KEY ISSUES Govt Notifies Phase 4 of Electoral Bond (7) Finance Minister had first announced Scheme 2018 the idea of electoral bonds in his Budget 2017– (a) The finance ministry said the fourth tranche 18 speech. In the Budget for 2017-18, Jaitley of electoral bonds sale will take place from had also announced capping cash donation at July 2-11. The sale of first batch of electoral Rs 2,000 instead of Rs 20,000 and allowed bonds took place between March 1 and March parties to receive digital donations. 10, 2018. The second phase was launched on April 2 till April 10. The third phase took Income Tax department launches instant e-PAN place during May 1-10. card service (b) The State Bank of India (SBI), in the 4th (a) The Income Tax Department launched instant phase of sale, has been authorised to issue Aadhaar-based e-PAN allotment service for and encash electoral bonds through its 11 individuals seeking PAN (Permanent Account authorised branches from July 2, 2018 to Number) service for the first time. July 11, 2018. (b) The facility is free of cost and is available for a Electoral bonds limited period on first-come, first-served basis (1) Electoral bonds are being pitched as an for valid Aadhaar holders.The e-PAN will be alternative to cash donations made to allotted on basis of one-time password (OTP) political parties and bring transparency in sent on mobile number linked to Aadhaar political funding. The government had number of a person.This facility is only for notified the Electoral Bond Scheme in resident individuals and not for Hindu Undivided January 2018. Family (HUF), firms, trusts and companies. (2) As per provisions of the scheme, electoral (c) The Central Board of Direct Taxes (CBDT) has bonds may be purchased by a person, who extended the deadline for the PAN-Aadhaar is a citizen of India or entities incorporated linking till 31 Mar 2019 or established in India. PAN (3) Registered political parties that have secured (1) Permanent Account Number (PAN) is a unique, not less than 1 per cent of the votes polled 10-character alpha-numeric identifier, issued to in the last election of the Lok Sabha or all judicial entities identifiable under the Indian legislative assembly will be eligible to receive Income Tax Act, 1961. electoral bonds. (2) The Income Tax PAN code and its linked card (4) A person being an individual can buy are issued under Section 139A of the Income electoral bonds, either singly or jointly, with Tax Act. It is issued by the Indian Income Tax other individuals. SBI is the only authorised Department under the supervision of the Central bank to issue such bonds. Board for Direct Taxes (CBDT) . (5) The bonds, which would be valid for 15 days, (3) The PAN structure is as follows: AAAPL1234C: will not carry the donor’s name even though The five (5) first characters are letters, followed the purchaser would have to fulfil KYC norms by four (4) numerals, and the last (10th) at the bank. character is a letter. (6) Electoral bond, which will be a bearer (4) The three (3) first characters of the code are 3 instrument, will not carry the name of the letters forming a sequence of alphabets letters payee and can be bought for any value, in from AAA to ZZZ. multiples of Rs 1,000, Rs 10,000, Rs 1 lakh, (5) PAN is mandatory for bank deposits above Rs Rs 10 lakh or Rs 1 crore. 50,000. 

India to build 2,000 kms of international roads by 2022 Railways to get first dedicated corridor for freight trains on The government is planning to build 1,911 kilometres of August 15 international connectivity roads over the five year period ending After 165 years of its birth, Indian Railways is set to get its first 2022 under its flagship Bharatmala scheme. Under the Bharatmala publicly-owned dedicated corridor for freight trains on August 15, Pariyojana, it is proposed to develop 1,911 kms of international when the country will be celebrating its 72nd Independence Day. connectivity roads and 3,319 kms of border roads with an outlay Prime Minister Narendra Modi is likely to dedicate to the nation a of Rs 25,000 crore over a period of five years i.e. from 2017-18 to 190-km railway line between Dadri in Uttar Pradesh and Phulera 2021-22 in phased manner. in Rajasthan, which fall under the Western Dedicated Freight Corridor (WDFC). Government launches Student Police Cadet Programme Union Home Minister Rajnath Singh in the presence of Union Ministry of Corporate Affairs constitutes 10 Member Com- Human Resources Minister Prakash Javadekar launched Student mittee to review Companies Act 2013 Police Cadet (SPC) Programme in Gurugram, .The Ministry of Corporate Affairs has constituted a 10 Member programme focuses on students of class 8th and 9th. The Committee to review the Companies Act 2013. According to an programme aims to build bridge between Police and larger official release, certain offences of the act may require to be community through school students by inculcating values and ethics decriminalised. It will also allow the trial courts to pay more in them through classes in school and outside.

14 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 attention on offences of serious nature. The committee headed by supercomputer, India’s first industrial AI supercomputer, at the Injeti Srinivas, Corporate Affairs Secretary, is also expected to CEERI’s New Delhi campus. take necessary steps in formulation of draft changes in the law. Semi-high speed 160 kmph Train 18 ‘Make-in-India to run President gives assent to Assam Witch Hunting (Prohibi- from September tion, Prevention and Protection) Bill, 2015 Train 18 – the code name given to the India’s ambitious semi high- President Ram Nath Kovind has Assam Witch Hunting speed train that is a ‘Made in India’ initiative will soon roll out by (Prohibition, Prevention and Protection) Bill, 2015 passed by State September. The train that is made by Integral Coach Factory (ICF) Assembly in August 2015. It prescribes stringent punishment, if based in Chennai has the capacity to run at the speed of 160 anybody found guilty. It imposes up to 7 years of jail and fine up Kmph. The luxury train was previously scheduled to come out in to 5 lakh rupees. This provision will come as per Section 302 July has not been postponed to September. (punishment for murder) of the Indian Penal Code (IPC) if someone is killed after being branded a witch. Govt to give Rs 500 cr to SCI to promote cruise tourism: Shipping CSIR teams up with Nvidia to set up AI innovation centre in Reiterating that the central government was focused on Delhi. development of sea route and inland waterways to boostcruise The Council of Scientific and Industrial Research (CSIR) has joined tourism in India, Shipping Minister Nitin Gadkari said that under hands with US-based chip-designer Nvidia Corp to set up a Centre Sagarmala project, the government will give Rs 500 crore to of Excellence in Delhi to offer the industry a complete design and Shipping Corporation of India to lease out cruises to promote implementation environment for the development of Artificial cruise tourism. Intelligence (AI)-based applications. The CEERI-Nvidia Centre of Excellence (CNCoE) will be powered by a five-petaflop AI 

(b) The highest year-on-year increase is in ragi, followed by that in nigerseed and jowar. (c) Ragi saw a 52.47% increase in MSP to Rs 2,897 per 100 kg while nigerseed saw a 45.11% hike to Rs 5,977 per 100 kg. (d) The Cabinet approved 42.94% increase in MSP of jowar hybrid to Rs 2,430 per 100 kg. (e) The increases were in line with the announcement by finance minister Arun Jaitley, who had said while presenting the budget for 2018-19 that the government would fix MSP for all crops at least 1.5 times of their production cost. NITI Aayog releases First Delta Ranking of Aspirational Districts The NITI Aayog recently launched the first Delta ranking (incremental progress) for the Aspirational Districts, based on self-reported data of districts between March 31, 2018 to May 31, 2018. These ranking is based on five developmental areas of Health and Nutrition, Education, Agriculture and Water Resources, Financial Inclusion and Skill National Mission for Clean Ganga organizes Ganga Development, and Basic Infrastructure. Vriksharopan Abhiyan Dahod district in Gujarat has been ranked first among 108 National Mission for Clean Ganga (NMCG) had organised Ganga ‘aspirational districts’ by the NITI Aayog on the basis of Vriksharopan Abhiyan in five main Ganga basin states – incremental development over two months. West Sikkim district Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal. stood second. The NITI Aayog has ranked 108 districts out of 112 The drive was launched on 9th July 2018 for a week upto 15 July Aspirational Districts. 2018 which was observed as ‘Shubharambh Saptah’. Railways to launch Ramayana Express from November, will Union govt approves hike in MSP for Kharif crops link religious sites (a) The govt has approved a substantial increase in the The Indian Railways is planning to launch a special train on minimum support price (MSP) of most kharif crops, November 14, along the route taken by Lord Ram in the Hindu which will cost the exchequer more than Rs 15,000 core. epic Ramayana. This 800-seater tourist train, named ‘Sri Ramayana

15 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015

P h . : 8093556677, 9040456677, W eb : w w w .vanik.org, E-m ail : van ikb b sr@ gm ail.co m MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Express’, will start from Delhi and reach Rameswaram in 16 days. reporting, monitoring and taking suitable action on unauthorised It will start from Delhi’s Safdarjung station and make its first halt coal mining activities. at Ayodhya, Uttar Pradesh. Khan Prahari is tool used for reporting any activity taking place The train will then cover important religious locations such as related to illegal coal mining like rat hole mining, pilferage etc. Nandigram, Sitamarhi, Janakpur, Varanasi, Prayag, Shringaverpur, Using it, one can upload geo-tagged photographs of incident along Chitrakoot, Nasik, Hampi and Rameshwaram. Tourists who wish with textual information directly to system. to complete the full journey will have an option of taking a flight from Chennai to Colombo, Sri Lanka. In Sri Lanka, tourists will be Prime Minister’s Safe Motherhood Campaign: Madhya able to visit Ramboda, Chilaw and Nuwara Elliya. Pradesh awarded for reducing maternal mortality Madhya Pradesh was awarded by Union Ministry of Health and Govt launches Coal Mine Surveillance & Management Sys- Family Welfare for reducing maternal mortality under Prime tem and Khan Prahari mobile app Minister’s Safe Motherhood Campaign (Pradhan Mantri Surakshit The Union Ministry of Coal launched Coal Mine Surveillance & Matritva Abhiyan-PMSMA). Management System (CMSMS) and Mobile Application ‘Khan NOTE-As per the Sample Registration System (SRS) data,the MMR Prahari’. The CMSMS and the mobile app have been developed (number of maternal deaths per 1,00,000 live births) has dropped by CMPDI, Ranchi a Subsidiary of CIL and Bhaskarcharya from 167 (in 2011-2013, the last SRS period) to 130 for the country. Institute of Space Application and Geo-informatics (BISAG). This 28% drop is an achievement arising from painstakingly The CMSMS is web based GIS application through which location reducing the MMR in each of the States. Kerala remains at the top of sites for unauthorised mining can be detected. It aimed at with an MMR of 46 (down from 61). KEY ISSUES Aadhaar Virtual ID now operational: UIDAI (2) All banks, be it commercial banks, payment (a) The Aadhaar issuing authority Unique banks, regional banks, rural banks, cooperative Identification Authority of India (UIDAI) has banks, small finance banks, life insurance made Virtual ID (VID) system operational companies and National Payments Corporation from July 1 with its Authentication User of India (NPCI) have been categorized as global Agencies (AUAs) which have migrated to AUAs. VID and UID Token. (3) Prepaid Payment Instruments (PPIs), Non-Bank (b) The Virtual ID is a 16-digit random number Financial Companies (NBFCs), telecom mapped with Aadhaar number. It can only operators and non-life insurance companies are be generated, replaced or revoked by the among those classified as local AUAs. Aadhaar number holder. It has been (f) Telecom companies and E-sign provider AUAs introduced so that the actual 12-digit not using API version 2.5 and e-KYC API 2.5 Aadhaar number need not be shared for starting July 1 shall be charged Rs. 0.20 for authenticating identity. every transaction performed (c) Banks have been given time till 31 August More than 19,500 mother tongues spoken in to migrate to the new system which India: Census supports authentication using Virtual IDs (a) More than 19,500 languages or dialects are and UID tokens. spoken in India as mother tongues, according (d) UIDAI had in January said it would release to the latest analysis of a census released this necessary APIs (application programming week. interfaces) by 1 March. All agencies had (b) There are 121 languages which are spoken by been directed to make the necessary 10,000 or more people in India, which has a changes for the use of Virtual ID, UID token population of 121 crore. and limited KYC and operationalize it by 1 (c) However, 96.71 per cent population in the June, which got delayed by a month to 1 country have one of the 22 scheduled languages July. as their mother tongue. (e) UIDAI has introduced two categories of an (d) The Eighth Schedule of the Constitution consists Authentication User Agency (AUA)—an of the following 22 languages –Assamese, entity engaged in providing Aadhaar- Bengali, Gujarati, Hindi, Kannada, Kashmiri, enabled services. Konkani, Malayalam, Manipuri, Marathi, Nepali, (1) Local AUA, which is the limited KYC category Oriya, Punjabi, Sanskrit, Sindhi, Tamil, Telugu, and a global AUA, will have access to e- Urdu, Bodo, Santhali, Maithili and Dogri. KYC using the Aadhaar number. An AUA (e) Of these languages, 14 were initially included may be a government, public or a private in the Constitution. Sindhi language was added legal agency registered in India which uses in 1967. Thereafter three more languages viz., Aadhaar authentication services provided Konkani, Manipuri and Nepali were included in by UIDAI. 1992. 

16 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) procurement of dustbins for the upcoming Kumbh Mela 1. Prime Minister’s Safe Motherhood Campaign was 2019 in Allahabad. launched by Ministry of Health and Family Welfare to (b) The setting up of community toilets and procurement of provide free health check-ups to pregnant women at dustbins will be done at an estimated cost of Rs 113 government health centres and hospitals in both rural crore and Rs. 3.6 crore, respectively. and urban areas. (c) The first project includes setting up of 27,500 community 2. It is national programme that aims to provide pregnant toilets and pre-fabricated toilets and 20,000 community ladies free ante-natal services (ANC) and required urinals. Another project includes deployment of 16,000 treatment for free on 9th of every month. dustbins for solid waste management along with 3. The programme is applicable only for pregnant women installation of lining bags in dustbins. in their pregnancy period of 3 to 6 months (i.e. in their Sewage Infrastructure for Moradabad 2nd and 3rd trimesters of pregnancy). It is expected to The NMCG also approved project for the construction of a provide free antenatal care to about 3 crore pregnant 25 MLD Sewage Treatment Plant (STP), among other works, women across the country. in Moradabad, Uttar Pradesh at an estimated cost of Rs 118.69 crore under Hybrid Annuity based PPP mode. NMCG approves setting up of community toilets, procure- Moradabad is situated on the banks of Ram Ganga, a tributary ment of dustbins for Kumbh Mela 2019 of River Ganga. It is an important industrial city, mainly famous (a) The National Mission for Clean Ganga (NMCG) in its for manufacturing of brassware. 13th Executive Committee Meeting approved two projects – setting up of community toilets and 

India became Vice-Chair or regional head of Asia Pacific Region of the World Customs Organisation (WCO) for two years from July 2018 to June 2020. To mark assumption of Vice Chair, an event will be organised in New Delhi by Central Board of Indirect Taxes and Customs (CBIC) in partnership with Confederation of Indian Industry (CII). WCO is an independent intergovernmental body whose mission is to enhance effectiveness and efficiency of Customs administrations. It was established in 1952 as Customs Co-operation Council (CCC). WCO’s Headquarters: Brussels, Belgium. The Central Board of Excise & Customs (CBEC) is being renamed as the Central Board of Indirect Taxes & Customs (CBIC).It is the nodal national agency responsible for administering Customs, GST, Central Excise, Service Tax & Narcotics in India.Chairperson-Sadagoppan Ramesh. Myanmar joins International Solar Alliance Myanmar on July 19, 2018 joined the India-initiated Cabinet approves MoU on aviation with BRICS nations International Solar Alliance (ISA), thus, becoming the 68th signatory The Union Cabinet approved the signing of Memorandum of to the Framework Agreement of the ISA that aims for optimum Understanding (MoU) amongst BRICS nations on Regional Aviation utilisation of solar energy. Myanmar Minister for International Partnership. The government aims for the BRICS nations to benefit Cooperation, Kyaw Tin handed over the ISA Framework Agreement from the establishment of an institutional framework to corporate to External Affairs Minister Sushma Swaraj during a bilateral in the field of civil aviation. meeting on this year’s Delhi Dialogue. India is implementing a BRICS(Founded: June 2006) is the acronym for an association of number of infrastructure projects in Myanmar such as the Kaladan five major emerging national economies: Brazil, Russia, India, China Multimodal Transit Transport Project connecting Mizoram with and South Africa. China hosted the 9th BRICS summit in Xiamen Sittwe port in Myanmar, the Trilateral Highway Project connecting on September 2017,while South Africa will do so for the 10th India with Myanmar and Thailand and the Rhi-Tiddim road. BRICS summit in July 2018. International Solar Alliance India becomes Vice Chair of the Asia Pacific Region of World (1) The International Solar Alliance was launched jointly by Indian Prime Minister Narendra Modi and French Customs Organisation

17 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 President Francois Hollande on the first day of the COP- 1st Nepal-India broad gauge railway likely in December 21 summit at Paris in 2015. Nepal plans to operate its first ever broad-gauge passenger railway (2) The International Solar Alliance aims to undertake joint service from Janakpur town to Indian border town Jayanagar in efforts required to reduce the cost of finance and Bihar starting December. This is a section of 69 km Nepal-India technology and mobilise more than USD 1000 billion of cross border railway line from Jayanagar to Nepal’s southeastern investments needed by 2030 for massive deployment of region. solar energy. (3) It is India’s first international and inter-governmental India unveiled world’s largest visa centre in Bangladesh organisation of 121 Countries and has headquarters in Home Minister Rajnath Singh inaugurated the world’s largest state- Gurugram, Haryana. of-the-art visa centre in Dhaka, Bangladesh with modern facilities, (4) India has pledged a target of installing 100GW by 2022 promising shorter waiting times for applicants. Singh inaugurated and reduction in emission intensity by 33–35% by 2030 the integrated centre at Jamuna Future Park (JFP) along with his to let solar energy reach to the most unconnected villages Bangladeshi counterpart Asaduzzaman Khan Kamal. and communities and also towards creating a clean planet. 9th meeting of EPG on Indo-Nepal relations concludes in (5) India’s pledge to the Paris summit offered to bring 40% of its electricity generation capacity (not actual Kathmandu production) from non-fossil sources (renewable, large The ninth and final meeting of Eminent Persons Group (EPG) on hydro, and nuclear) by 2030. India-Nepal relations concluded in Kathmandu on June 20 to discuss Myanmar-Capital: Naypyidaw,Currency: Burmese kyat, various bilateral issues including 1950 Peace and Friendship treaty, President: Win Myint,State Counsellor:Aung San Suu Kyi trade, transit and border during the two day meeting. The EPG is a India-Srilanka: Prime Minister Narendra Modi digitally launched joint mechanism consisting experts and intellectuals from India an India-assisted emergency ambulance service in Sri Lanka.As per and Nepal. the scheme, 209 ambulances will be launched in Sri Lanka with a India and Rwanda: India’s upper house of parliament Rajya Sabha fund of $15.02 million contributed by India.( Srilanka-President: and Senate of Rwanda has signed Memorandum of Understanding Maithripala Sirisena, Prime Minister: Ranil Wickremesinghe) (MOU) for promoting inter-parliamentary dialogue capacity building and cooperation. It was signed between Vice President India To Operate ‘World’s Emptiest Airport’ In Sri Lanka and Rajya Sabha Chairman Venkaiah Naidu and visiting President The Mattala Rajapaksa International Airport (MRIA) would be of Senate of Rwanda, Bernard Makuza in New Delhi. operated as a Sri Lanka-India joint venture. The $210 million facility, 241km south-east of Colombo, is dubbed the “world’s emptiest Nepal, India agree to finalize MoU on Raxual-Kathmandu airport” due to a lack of flights. (Sri Lanka Capitals- railway line Colombo.President- Maithripala Sirisena. Prime Minister: Ranil Nepali and Indian officials agreed to an early finalization of an Wickremesinghe) MoU for Preliminary Engineering cum Traffic Survey of the Raxaul- Kathmandu rail line. The move came at a time when there is buzz Railways to export six DMU train sets to Sri Lanka about the Chinese railway crossing the Himalayas to counter the Indian Railways is all set to establish its footprint in Sri Lanka Indian influence in Nepal. with the export of six DMU (diesel multiple units) train sets India-Israel: The Government of Gujarat has received 100 units consisting of 78 modern coaches worth Rs 600 crore.All train sets of digital farming as gift from Israel during Chief Minister Vijay would be equipped with state-of-the-art technology and Rupani’s six-day-long visit to Israel with a high-level delegation. manufactured at the Integral Coach Factory (ICF) in Chennai for The digital farming units have sensor technique which will help which the order is a big boost in its export business. farmers utilise water and fertilizers better. The digital farming unit provides real-time data by monitoring the quality and nature of India to host inaugural 2+2 Dialogue with US in Sept 2018 soil, weather condition, moisture in air, status of crop and other India will host the inaugural 2+2 Dialogue with United States in aspects related to crops. September 2018 in New Delhi. Minister of External Affairs (MEA) Sushma Swaraj and Defence UAE proposes to set up consulate in Hyderabad Minister Nirmala Sitharaman will host US Secretary of State The United Arab Emirates (UAE) has proposed to set up a consulate Michael R. Pompeo and US Secretary of Defence James Mattis in in Hyderabad in a bid to boost the cordial relationship between the inaugural meeting. Telangana and UAE.Telangana government will allocate land and provide infrastructure for the consulate. The Consulate General of 8th India-Oman Joint Commission meeting held in Muscat the United States of America already has an office in Hyderabad at The Union Minister of Commerce & Industry and Civil Aviation, Paigah Palace in Begumpet Suresh Prabhu co-chaired 8th session of India-Oman Joint Commission Meeting (JCM) along with Minister of Industry, Investment, Trade and Digital Economy of Oman, Dr Ali bin Masoud Al Sunaidy. 

18 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

building of teachers to enable them to help the students to learn, read, write and speak English.

Bihar to get world’s cheapest clean drinking water With the launch of cost-effective innovative water project, Bihar will soon provide the cheapest drinking water in the world. The first of such a water project was launched in Bihar’s Darbhanga district, by Sulabh International, an organisation that introduced the concept of ‘Sulabh Sauchalya’ in the country. With the help of this project, the people will easily be able to get pure and clean water only in 50paisa/litre. The ‘Sulabh Jal’ project converts contaminated pond and river water into safe drinking water.

Gujarat Approves Rs 39-crore ‘Seema Darshan’ Project Gujarat Chief Minister Vijay Rupani has given in- principle approval for the 39-crore rupees ‘Seema Public Affairs Index 2018: Kerala tops list of best governed Darshan’ project for developing more infrastructure facilities from States for third time T-Junction to Zero Point at Nadabet near Suigam in Banaskantha (a) According to Public Affairs Index (PAI) 2018, Kerala district to instil patriotism through a unique Gujarat initiative for tops the list as best-governed state in the country border tourism. followed by Tamil Nadu,Telangana, Karnataka and Gujarat. Kolkata gets all-woman police squad (b) The index was released by Bengaluru base Public Affairs Kolkata Police has unleashed a new weapon against eve-teasers, Centre (PAC). stalkers and roadside Romeos: an all-woman motorbike squad, (c) Smaller states with population less than two crore, “The Winners”, a special all-women patrolling team to combat and Himachal Pradesh topped the list followed by Goa prevent crimes like molestation, eve-teasing etc. to make public places safer for women. Haryana Government launches Paudhagiri Campaign for planting of saplings Maha govt announces ‘Kanya Van Samruddhi Yojana’ Haryana Chief Minister Manohar Lal Khattar launched ‘Paudhagiri The Maharashtra government announced a new scheme called campaign’, an unique program to increase green cover in the state ‘Kanya Van Samruddhi Yojana‘, wherein farmers families where by planting ‘maulsari’ sapling in Tau Devi Lal Sports Complex girl children are born, will be given saplings for plantation. The premises of Gurugram. Under this campaign, 22 lakh students scheme is aimed at empowering women and promoting tree studying in Class 6th to 12th of all government and private schools plantation. A farmer family blessed with a girl child between April will plant sapling each, during three months of monsoon ( July, 1 and March 31 can make an application with the gram panchayat August and September). State Government will give incentive of after which they will get 10 saplings(a young tree) free of cost Rs 50 in every six months from government, after student upload from the forest department. his selfie with his or her plant on App planted by him or her. Student will get total Rs 300 in three years for looking after sapling. Odisha, RIMES sign MoU for effective disaster management The Odisha government signed a Memorandum of Understanding Gujarat to form Sanskrit Bhasha Vikas Board (MoU) with the Regional Integrated Multi-Hazard Early Warning In order to promote the Sanskrit language, the Gujarat state System (RIMES) for effective management of disasters. RIMES- government has decided to form the Sanskrit Bhasha Vikas Board. Thailand, is a UN registered international and inter-governmental The state will also be celebrating a Sanskrit Utsav, which will begin institution, owned and managed by its 48 members and collaborating from Raksha Bandhan and have various activities around the states for building capacities in the generation and application of language. user-relevant early warning information.

Haryana launches ‘I am not afraid of English’ campaign in Andhra Pradesh Government launches 60 Anna Canteens schools Andhra Pradesh Government has launched 60 Anna Canteens across The Haryana Education Department has launched ‘I am not afraid the state in the first phase to provide subsidised food to urban of English’ initiative to promote English language right from Class poor. They will offer breakfast, lunch and dinner at Rs 5 a meal. 1 in the state’s primary schools. The initiative is aimed at capacity They will be run by Akshaya Patra Foundation. The first Anna Canteen named former undivided Andhra Pradesh Chief Minister N T Rama Rao was launched in March 2016. It was

19 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 opened on pilot basis close to Government Transitional The ministry has recently constituted a group, headed by Bharat Headquarters at Velgapudi in Amaravati. Now State Government Forge Chairman , to study the SEZ policy. has come out with plan to set up 203 ‘Anna Canteens’ across the state. Delhi CM approves yatra scheme Tamil Nadu is first state of launch ‘Amma’ canteens in February The Delhi government would send 77,000 senior citizens along 2013 in Chennai. Rajasthan (Annapurna Rasoi Yojana), Madhya with one adult attendant each on all-expenses paid pilgrimages Pradesh (Deendayal canteens), Delhi (Aam Aadmi canteens), every year, with Chief Minister Arvind Kejriwal approving the Odisha(Aahar), and Karnataka(Indira Canteen) have started their scheme called Mukhyamantri Tirth yatra Yojana. The government own verson. would also pay for one attendant over the age of 18 years to accompany each senior citizen. Himachal Pradesh to ban plastic, thermocol cutlery across state ‘One farmer one transformer’ scheme in Maharashtra from After Maharashtra and Uttar Pradesh, Himachal Pradesh August 15 Government is all set to ban the use of plastic and thermocol In order to reduce electricity losses, the Maharashtra government cutlery in the state. The ban that comes under Non-Biodegradable will on August 15, 2018 launch a new scheme allocating one Garbage (Control) Act, 1995, will come into effect within three transformer per farmer. Two lakh farmers will be given electricity months and will be applicable for both individuals and commercial connection for high voltage distribution line which will ensure establishments. uninterrupted power supply under the scheme ”one farmer one transformer”. Plastic ban in Odisha starting Oct 2 Odisha Chief Minister Naveen Patnaik announced a ban on the use UP Police signs MoU with ISRO for crime mapping of plastic in the state from October 2, on the occasion of Gandhi The Uttar Pradesh Police signed an MoU with the Indian Space Jayanti. In the first phase, plastic will be banned in six places — Research Organisation (ISRO) for crime mapping analytics and the pilgrim city of Puri, Bhubaneswar, Cuttack, Berhampur, predictive systems. As part of this MoU, data from UP Police, UP Sambalpur and Rourkela. 100 and CCTNS will be made available to the relevant department in ISRO and through analytical software, the state police will be Plastic bags, glasses banned in Uttar Pradesh from July 15 able to map, visualize, and create queries and reports about crimes Uttar Pradesh Chief Minister Yogi Adityanath announced a ban on and criminal incidents. plastic bags, cups and glasses across the state from July 15. Adityanath, who made the announcement during a programme in MP Government Launches Subsidised Power Scheme Barabanki district, said that it would be a big movement to protect ‘Sambal’ the environment and sought co-operation from the people. The Madhya Pradesh State Government launched an outstanding power bill waiver scheme and subsidised power scheme called Himachal gives subsidy on rooftop solar installations ‘Sambal’ for labourers and poor families. Under Sambal Yojana, the The Himachal Pradesh government announced a subsidy of 10 per Below Poverty Line (BPL) families would be provided electricity cent or Rs 4,000 per KW, whichever is less, to all domestic at a cost of Rs 200 per month. The main objective of the scheme is consumers, institutions and those in the social sectors for to make sure that all the households have power facility in the installation of solar power plants at the rooftop of their buildings. state. In case the bill is lower than Rs 200, the beneficiaries will Gujarati poet This subsidy would be additional to the subsidy given by the have to pay the actual bill amount and if the bill amount is crossing Central government. Rs 200 then, thechosen difference for 2017 amount Saraswati would be Samman subsidised by the state government.Gujarati poet, playwright and academic Sitanshu Microsoft partners with Rajasthan government on digital Yashaschandra was selected for 2017 Saraswati literacy Gujarat CM LaunchesSamman for Special his collection Drive Against of verses Malnutrition: (poetry) titled Microsoft India has signed a Memorandum of Understanding POSHAN Abhiyan“Vakhar” published in 2009. It was 27 edition of (MoU) with the Rajasthan government to improve the integration Gujarat Chief Ministerthe award. Vijay Saraswati Rupani launched Samman ‘Poshan is an annual Abhiyan’— award of technology in teaching and skilling of students and educators in a statewide missionbestowed to eradicate upon Indian malnutrition citizen foramong his outstandingchildren by government colleges. As part of this agreement with the Rajasthan providing themliterary nutritious work food written through in Anganwadiany 22 Indian centres. language The government’s Department of College Education, Microsoft will CM also launchedmentioned ‘PURNA’ in Schedule project toVIII eliminate of Constitution malnutrition and train a total of 9,500 students and 500 faculty members from 50 among girls in publishedthe age group during of last 14 10 to years. 18. PURNA’ It carries standscash prize for colleges in the state in four months. Prevention of ofUnder Rs. 15 Nutrition lakh. and Reduction of Nutritional Anaemia amongIt Adolescent was established Girls. in The 1991 government by KK Birla has Foundation allocated HCL Technologies gets govternment’s nod to set up SEZ in Rs 270 crore to (whichcontrol also malnutrition gives Vyas among Samman those for girlsHindi, who and he Bihari said Andhra Pradesh would become mothersPuraskar in for future. Hindi and Rajasthani writers of The commerce ministry has approved a proposal of HCL Rajasthan). Harivansh Rai Bachchan was first Technologies to set up a new IT special economic zone (SEZ) in Odisha hikes incentivesrecipient of for this inter-caste award for marriage his autobiography Vijayawada, Andhra Pradesh, with a proposed investment of Rs The Odisha governmentpublished has Dashdwar increased, Se fromSopan the Tak present written Rs in 1 lakhfour 408.48 crore. SEZs are developed as export hubs and they to Rs 2.5 lakh, thevolumes. incentive to encourage inter-caste marriage among contribute about 25 per cent in the country’s total exports. the Hindu community. The hiked incentives would be implemented with retrospective effect from September 14, 2017 and be given in

20 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 a marriage between upper caste Hindus and SC Hindus. The amount Animals Declared As ‘Legal Persons’ In Uttarakhand would be given irrespective of the economic status of the marrying In a first, the Uttarakhand High Court accorded the status of ‘legal couple. person or entity’ to the animals in the state. The HC stated that “they have a distinct persona with corresponding rights, duties UNESCO to set up ‘gaming digital learning hub’ in AP and liabilities of a living person.” In March 2017, the Uttarakhand United Nations Educational, Scientific and Cultural Organisation High Court had accorded the status of ‘living human entities’ to the (UNESCO) entered in an agreement with Andhra Pradesh Ganga and Yamuna, the two most sacred rivers of India. Government to set up a ‘Design University’ for gaming in Visakhapatnam. The agreement was signed between UNESCO and Andhra Pradesh Economic Development Board (APEDB) for  establishing a ‘Gaming Digital Learning Hub’.

Carnatic vocalist selected for 2018 Sangita Kalanidhi award Renowned Carnatic vocalist Aruna Sairam has been selected for 2018 Sangita Kalanidhi award of Music Academy for her contribution to Carnatic music. Under this recognition, she will preside over 92nd annual conference to be held between December 15, 2018 and January 1, 2019.

India’s ICZM Project wins World Bank’s in- ternal award India’s Integrated Coastal Zone Management (ICZM) project has won the World Bank’s internal award for exceptional performance in achieving many development goals. The ICZM project is among the eight projects awarded, selected out of 42 final nominations received from the World Bank Task Teams in the South Asian Countries.India’s ICZM Project wins World Bank’s internal award Telangana CM lays stone for Rs 554-crore Indian Experts get Oxford Awards for Arsenic Poisoning Gattu project Research Telangana Chief Minister K Chandrasekhar Rao had laid foundation A team comprising experts from the Indian Institute of Technology- stone for Gattu irrigation project in Jogulamba Gadwal district. Kharagpur and the University of Oxford has been selected for an The project will provide water to 33,000 acres in four mandals in award for exceptional research-led innovation to mitigate arsenic the district. The estimated cost of the project is Rs Rs 553.98 poisoning in the Ganga-Brahmaputra delta in the north and crore. northeast India. The innovation awards instituted by the university’s vice-chancellor include one for prominent Oxford-based 2018 National Maritime Search and Rescue Award linguist Aditi Lahiri, who was selected for the “inspiring leadership” A fisherman from Maharashtra’s Palghar district, Milan Shankar award for developing a flexible approach to speech recognition. Tare has been selected for the 2018 National Maritime Search and Rescue Award.On May 09 2018, Tare saved the lives of 12 people Sagarmala’ Receives Gold Award At 52nd Skoch Summit from a sinking fishing boat named Shivneri. He used his judgement 2018 to locate the distressed boat in the dark. The Ministry of Shipping’s flagship programme for port-led- awarded Kalidas Samman prosperity ‘Sagarmala’ received the ‘Gold Award’ in infrastructure sector in the recently concluded 52nd Skoch Summit 2018 in New Madhya Pradesh Govt conferred prestigious National Kalidas Samman on noted artist Anjolie Ela Menon for her contribution to Delhi. The Sagarmala Programme also received the ‘Order of Merit’ at the Summit. visual arts.Kalidas Samman is prestigious arts award presented Sagarmala is the flagship programme of the Ministry of Shipping annually by Government of Madhya Pradesh. for port-led-development of the country through harnessing India’s Award for ghatam maestro T.H. Vinayakram 7,500 km long coastline, 14,500 km of potentially navigable The Music Academy announced a Special Lifetime Achievement waterways and strategic location of India on key international Award to be conferred on ghatam maestro T.H. Vinayakram, fondly maritime trade route.

21 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 known as ‘Vikku’ Vinayakram. The earlier recipients were dancer ‘The English Patient’ Wins Best of Man Booker Prize Kamala Lakshminarayanan and violinist Lalgudi G. Jayaraman. “The English Patient,” the wartime love story by Michael Ondaatje, won the Golden Man Booker Prize. The one-off award, voted for Dr. T.K Chand gets Knowledge Excellence Award by the public, commemorates the 50th anniversary of the Man Dr. T.K Chand received Knowledge Excellence Award from Booker prize. Secretary, Mines, Govt. of India for Outstanding Contribution in Aluminium Knowledge domain at the 22nd International Conference on Non-Ferrous Minerals and Metals 2018 at Ranchi,  Jharkhand.

Uruguayan Army official Major General José Eladio Alcain: UN Secretary-General Antonio Guterres has appointed a veteran Uruguayan Army official Major General José Eladio Alcain as head of the United Nations mission tasked with monitoring the ceasefire line between India and Pakistan.Major General will be Head of Mission and Chief Military Observer for the United Nations Military Observer Group in India and Pakistan (UNMOGIP). He will succeed Major General Per Gustaf Lodin of Sweden, who will complete his two-year assignment. Samira Asghari;A young Afghan basketball player, Samira Asghari has been nominated for the International Olympic Committee (IOC) membership. She is among 9 candidates for membership of the body in a move to boost women’s rights. IOC President-Thomas Bach Angela Ponce: Angela Ponce from Seville has become the first-ever transgender woman to be crowned Miss Universe Spain, after beating 22 contestants. She will represent her country at the 67th Miss Universe 2018 WORLD pageant in Philippines in Dec 2018. This comes six years after the Miss Universe organisation put an end to the ban on transgender Antonio Manuel: Portugal’s Antonio Manuel de Carvalho Ferreira contestants in the competition in 2012. Vitorino (61) was elected as next Director General (DG) of International Organization for Migration (IOM), an UN Migration Agency. He will succeed incumbent DG William Lacy Swing who INDIA will be stepping down after completing the second of two five- President nominates four members to Rajya Sabha year terms. IOM’s HQ - Geneva, Switzerland. President Ram Nath Kovind has nominated former MP Ram Janardan Singh Gehlot : The International Kabaddi Federation Shakal, RSS ideologue Rakesh Sinha, classical dancer Sonal (IKF) has appointed Janardan Singh Gehlot as the President of the Mansingh and stone artist Raghunath Mohapatra as members of federation for the next four years. The announcement was made Rajya Sabha. during the Annual General Congress (AGC) of the IKF in Dubai. Ram Shakal: He is farmers leader and public representative from Dedar Singh Gill: An Indian-origin leading intellectual property Uttar Pradesh. He has devoted his life for welfare and well-being of lawyer of Singapore, Dedar Singh Gill, has been appointed as a Dalit community. He was three-time member of Lok Sabha, judicial commissioner of the country’s Supreme Court. Gill has representing Robertsganj constituency of Uttar Pradesh. been appointed by President Halimah Yacob. Rakesh Sinha: He is RSS ideologue Sinha and is the founder and Recep Tayyip Erdogan: Recep Tayyip Erdogan was sworn-in as honorary director of Delhi-based think-tank India Policy the President of Republic of Turkey for another term under the Foundation. He was professor at Motilal Nehru College of Delhi new governmental system. University and also member of Indian Council of Social Science Uttam Dhillon: Uttam Dhillon, an Indian-American top White Research (ICSSR). House lawyer, has been appointed as the new head of the crucial Raghunath Mohapatra: He is internationally renowned authority Drug Enforcement Agency that combats the smuggling and use of on stone carving. narcotics in the US. Dhillon replaces Robert Patterson, who has : She is among India’s foremost exponents of retired after 30 years of service. Indian classical dance.She has been performing Bharatnatyam and Odissi for overs six decades. She founded the Centre for Indian Classical Dances in Delhi in 1977.

22 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Nomination of eminent members to Rajya Sabha (1) As per Article 80 (Part V) of the Constitution, President CORPORATE can nominate 12 members in the Council of States (Rajya B. Sriram: State Bank of India (SBI) managing director B Sriram Sabha). These persons should have special knowledge or has resigned from the country’s largest lender after his appointment practical experience in the field of Art, Science, Literature as chief executive of IDBI Bank. The government recently and Social Service. appointed Sriram as managing director and CEO of IDBI Bank for (2) The Rajya Sabha or Council of States is the upper house a temporary period of three months following M K Jain demitting of the Parliament of India. Membership is limited to 250 office to take over as Deputy Governor of RBI. members, and the present Rajya Sabha has 245 members. Girish Chandra Chaturvedi: ICICI Bank said that RBI has 233 members are elected by state assembly members approved the appointment of Girish Chandra Chaturvedi as non- and 12 are nominated by the President executive (part time) Chairman of the bank till June 30, 2021. Adarsh Kumar Goel: The Appointments Committee of the Rajat Sharma: The Chairman and Chief Editor of Hindi news Cabinet (ACC) chaired by Narendra Modi appointed Justice AK channel INDIA TV, Rajat Sharma has become the new president of Goel as new Chairperson of National Green Tribunal (NGT). On Delhi and Districts Cricket Association (DDCA) for a period of 3 18 October 2010, Justice Lokeshwar Singh Panta became its first years. Chairman. Justice Swatanter Kumar retired on 20 December Saraswati Prasad: Senior bureaucrat Saraswati Prasad taken 2017.After him acting chairman of NGT was Justice Jawad over the additional charge as chairman and managing director of Rahim.retired justice adarsh kumar goel is the incumbent chairman steel PSU SAIL. He succeeds P K Singh who retired. of national green tribunal. K B Vijay: Chennai-based United India Insurance Company announced the appointment of K B Vijay Srinivas as its Director Mukesh Ambani Dethrones Alibaba’s Jack Ma As Asia’s and General Manager. Prior to taking up the new role, he was Richest Person serving National Insurance Company Ltd as its Chief Marketing Reliance Industries Chairman and India’s richest person Mukesh Officer and General Manager. Ambani dethroned Chinese e-commerce company Alibaba’s Co- founder Jack Ma to become Asia’s richest person as RIL shares hit AMBASSADOR an all-time high. Ambani’s net worth now stands at $44.3 billion as compared to Jack Ma’s $44 billion wealth, according to Bloomberg. Hima Das to be Assam sports ambassador Ambani has added $4 billion to his wealth this year. Assam Chief Minister Sarbananda Sonowal has announced that Mukesh D. Ambani: Shareholders of Reliance Industries (RIL) Indian Athlete Hima Das will be named as the first sports ambassador have re-appointed Mukesh D. Ambani as the company’s Managing of the state. The announcement came after Hima Das recently Director for a period of five years commencing from April 19, became the first Indian woman to win gold at IAAF World U-20 2019. Athletics Championships. Prof Anil D Sahasrabudhe: Appointments Committee of the : Muthoot Pappachan Group (MPG), the diversified Cabinet (ACC) has approved renewal of appointment of Prof Anil financial services firm, has unveiled a new brand philosophy ‘Blue D Sahasrabudhe as the chairman of the All India Council for Technical Soch’ (Blue is belief) under which the company aims to motivate Education (AICTE) till he attains the age of 65 years. customers to take their destiny in their own hands by helping them Rajan Kohli: Wipro Ltd has promoted Rajan Kohli, the head of choose the right financial products. As a part of the transformation its digital business, to the rank of president, a move analysts said exercise, the group has also appointed Bollywood actor Vidya Balan underscores the significance of new solution offerings in the revenue as its brand ambassador to drive awareness around its offerings. portfolio of the Bengaluru-based company. Justice L Narasimha Reddy: The former Chief Justice of the Sun Pharma signs as Revital H Brand Am- Patna High Court, Justice L Narasimha Reddy has been appointed bassador as Chancellor of the University of Hyderabad for a period of three Sun Pharma Consumer Healthcare, a division of Sun Pharmaceutical years. Industries announced that it has signed Bollywood star Akshay Major General Vikram Dogra: Major General Vikram Dogra Kumar as the new brand ambassador of Revital H. Akshay Kumar, become the first serving Indian Army officer and the only General a renowned actor, martial artist & stuntman known for his high across the world to have successfully completed a gruelling energy was a natural fit for Revital H – a brand that helps keep ‘Ironman’ competition held in Klagenfurt, Austria. your energy & stamina high throughout the day. The Ironman is an international triathlon consisting of three Richa Chadha becomes face of Save the Elephants campaign: consecutive events- 3.8 km of swimming, 180 km cycling and 42.2 Actress Richa Chadha has become the face and voice of the Save km of running (a full marathon). the Elephants campaign by animal rights organisation People for P.K. Shrivastava: P.K. Shrivastava taken over charge as the new Ethical Treatment of Animals (PETA). An international Director General of Ordnance Factories (DGOF) and chairman of organisation, PETA, with the help of Richa, has sent a letter to the the Ordnance Factory Board (OFB).The OFB, located in Kolkata, Odisha Chief Minister to seek its support for the campaign. West Bengal, is an industrial organisation, functioning under the Department of Defence Production of Ministry of Defence.

23 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 VISIT Doyen of Indian Psychiatry N N Wig dies at 88 Prof N N Wig, the doyen of Psychiatry in India who led many Chandrababu Naidu: Andhra Pradesh Chief Minister pioneering studies related to mental health at national and Chandrababu Naidu left for Singapore on a three-day visit to international levels and headed departments in various prestigious participate in the World Cities Summit (WCS). He attend several institutions like AIIMS, Delhi and PGIMER, has passed away bilateral meetings and hold discussions to develop Amravati as a world-class capital during his visit. World’s Ugliest Dog Zsa Zsa Passes Away Bhutan PM Dasho Tshering Tobgay In India On 3-Day Visit- Zsa Zsa, the reigning World’s Ugliest Dog winner, passed away in Prime Minister of Bhutan Dasho Tshering Tobgay arrived in New her sleep, in the United States. Zsa Zsa was an English Bull Dog. Delhi on the three-day visit to India.Bhutan Capital- Thimphu, She was 9 years old. She won the “World’s Ugliest Dog” title last Currency- ngultrum. month in the United States. South Korean President Moon Jae-In On 4-Day Visit To Actor Kavi Kumar Azad: TV actor Kavi Kumar Azad, best- India: South Korean President Moon Jae-in arrived in New Delhi known for his role of Dr Hansraj Haathi in the popular comedy on a four-day visit to India. He is being accompanied by First Lady show Taarak Mehta Ka Ooltah Chashmah, has passed away after Kim Jung-sook on his maiden visit to the nation. South Korea suffering a cardiac arrest. Capital- Seoul, Currency- South Korean won. M.M. Jacob -Senior Congress leader and former Meghalaya Governor M.M. Jacob has passed away. OBITUARY Liliane Montevecchi: Tony Award-winning French-Italian Rita Bhaduri: Veteran actress Rita Bhaduri has passed away at actress, singer, dancer and cabaret star Liliane Montevecchi has the age of 62. She was reportedly suffering from a serious kidney passed away.Born in Paris in 1932, Montevecchi was best known ailment. for her performance in the musical ‘Nine,’ which won her a Tony Satvashila Devi Bhosle: Noted activist from Konkan region in Award. Maharashtra, Rajmata Satvashila Devi Bhosle of Sawantwadi Former Navy chief Admiral J G Nadkarni: Former and 14th Sansthan has passed away due to prolonged illness. chief of naval staff Admiral J G Nadkarni has passed away. He was Gopal Das Neeraj: Hindi poet Gopal Das Neeraj has passed the Navy chief between December 1, 1987 and November 30, away after a prolonged illness.His famous poetic works include 1990. Asawari, Lahar Pukare and Paran Geet. Born in Etawah district of Uday Kumar Varma: The former Information and Broadcasting Uttar Pradesh on 4th January 1925, Neeraj also created name for secretary, Uday Kumar Varma has been appointed as new member his lyrics for films like Prem Pujari, Tere Mere Sapne, Chanda Aur of the Broadcasting Content Complaints Council (BCCC). He Bijli and Sharmili. succeeded Wajahat Habibullah. 

up in Bengaluru. The unit, to be set up by the ministry, is likely to be ready in four months, and is in keeping with the Swachh Bharat Abhiyan drive. The country’s e-waste generation is on the rise, and estimated to reach 52 lakh tonnes in 2020, indicating a concurrent increase in e-waste recycling units is also required. A 2016 study by Assocham and KPMG ranked India among the top five countries in e-waste generation, with an estimated 1.85 million tonnes generated annually. Computers comprised 70% of the total e-waste and telecommunication equipment accounted for 12%. Bengaluru ranked 3rd after Mumbai and Delhi, and generated nearly 92,000 tonnes of e-waste annually.

BSE’s iconic Phiroze Jeejeebhoy Towers secures trademark (a) Stock exchange major Bombay Stock Exchange (BSE) has secured image trademark for its iconic building, Phiroze Jeejeebhoy Towers located on Dalal Street in Mumbai, Maharashtra under Trade Marks Act, 1999. Bengaluru to get India’s first e-waste plant (b) With this, Phiroze Jeejeebhoy Towers joins elite club of Union minister of chemicals and fertilisers Ananth Kumar distinguished structures around the world that have announced that the country’s first e-waste recycling unit will come secured trademark rights.

24 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(c) Henceforth no one can use images of the Phiroze Agartala airport renamed after Tripura’s lasking Jeejeebhoy Towers for commercial purposes without The Union Cabinet, chaired by Prime Minister Narendra Modi, consent from BSE or paying it licensing fee. renamed the Agartala airport after Tripura’s last ruler Maharaja Bir (d) BSE’s Phiroze Jeejeebhoy Towers is 28-floor building Bikram Kishore Manikya. The decision comes in the wake of a and was bulit almost 10 years, completed in 1980. At the long-pending demand of the people of Tripura as well as the state time of its completion, it was the tallest building in India. government to rename the airport after Bir Bikram Kishore Manikya Initially it was known as BSE Towers and was later as a tribute to the last ruler of the princely (1923-1947). renamed after late chairman of BSE, Sir Phiroze Jamshedji Jeejeebhoy. BSE was founded in 1875. Centre forms panel to tackle Industrial Pollution near Taj (e) Mumbai’s Taj Mahal Palace hotel was first building in Mahal India to acquire image trademark under Trademark Act The government has formed a committee comprising officials of of 1999 in June 2017. the environment ministry, experts from NEERI, IITs and various other forums to look into the issue of industrial pollution around Western Railway renames Elphinstone Road Station as the iconic Taj Mahal. The committee will be headed by C K Mishra, Prabhadevi Secretary, Ministry of Environment, Forest and Climate Change. Western Railway renamed Elphinstone Road suburban railway station in Mumbai, Maharashtra to Prabhadevi Station. The station PM Narendra Modi inaugurates the Bansagar Canal Project code of Prabhadevi station will be PBHD. The station was initially in Mirzapur named after Lord Elphinstone, who was Governor of Bombay Prime Minister Narendra Modi inaugurated 171 km long Bansagar Presidency from 1853 to 1860. It has now been renamed in honour canal project in Mirzapur district of Uttar Pradesh. He also laid of local deity Prabhadevi. foundation stone of Mirzapur Medical College, inaugurated 100 KEY ISSUES India gets its 37th WORLD UNESCO World HERI- Heritage properties in ASPAC (Asia and Pacific) TAGE SITE region, it is overall sixth in the world. (a) Mumbai’s Victorian and Art Deco Ensembles 42nd session of World Heritage Committee has been inscribed as a UNESCO World In the meeting, the World Heritage Committee (WHC) Heritage Site during 42nd session of the has inscribed four cultural sites on the World Heritage World Heritage Committee of UNESCO at List. These four cultural sites are Victorian Gothic and Art Manama in Bahrain. Deco Ensemble of Mumbai (India), Sassanid (b) The Ensemble comprises of two architectural Archaeological Landscape of Fars region (Iran), Hidden styles, the 19th century collection of Victorian Christian Sites in Nagasaki Region (Japan) and Sansa, structures and the 20th century Art Deco Buddhist Mountain Monasteries in Korea (South Korea).( buildings along the sea, conjoined by means UNESCO-Headquarters: Paris, France,Head: Audrey of the historical open space of the Oval Azoulay,Founded: 16 November 1945) Maidan. Collectively it will be known as the Victorian Gothic and Art Deco Ensembles of Colombia’s Chiribiquete National Park (CNP) Mumbai. inscribed on UNESCO’s list of world heritage sites (c) This makes Mumbai city the second city in The United Nations Educational, Scientific and Cultural India after Ahmedabad to be inscribed on Organization (UNESCO) inscribed Colombia’s Chiribiquete the World Heritage List. National Park (CNP) on its list of world heritage sites. The (d) This is third such honour for Mumbai after park, which straddles the southern provinces of Caquetá Elephanta Caves and majestic Victoria and Guaviare, is the country’s largest and has one of the Terminus (rechristened Chhatrapati Shivaji highest rates of plant diversity in the northern Amazon. Terminus railway station) which had earned It is also famous for its table-top rock formations known coveted tag in 1987 and 2004 respectively. as tepuis, which rise out of the forest. With five sites, Maharashtra has maximum number of world heritage sites in India, China’s Mount Fanjingshan added to Unesco List including Ajanta and Ellora caves in Mount Fanjingshan, situated in China’s southwestern Aurangabad and Mumbai has three. province of Guizhou, was inscribed to the World Heritage (e) India now has overall 37 World Heritage List at the 42nd World Heritage Committee meeting in Inscriptions with 29 Cultural, 07 Natural and Bahrain. A total of five natural sites were nominated to 01 Mixed sites. the World Heritage List in 2018. (f) While India stands second largest in number after China in terms of number of World 

25 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Pradhan Mantri Jan Aushadhi Kendras and bridge over Ganga River (b) These are among the findings in a report of 513 airports at Balughat, Chunar, which will facilitate connectivity between and 65 airlines across the world. Mirzapur and Varanasi. Bansagar Dam project is a joint venture (c) The Nagoya Komaki Airport in Japan topped the global (JV) between Madhya Pradesh, Uttar Pradesh and Bihar ranking list with an ‘on-time performance’ (OTP) rate of Governments. It is multipurpose river valley project built on Son 94.5 percent. River situated in Ganges Basin in Madhya Pradesh. (d) None of the major Indian airports figured among the top 200 in ‘on-time performance’ (OTP), but the small Port PM Modi inaugurates New Headquarters Building of ASI Blair airport in the Andaman and Nicobar Islands got the Prime Minister Narendra Modi inaugurated the new headquarters worldwide rank of 65, thanks to its punctuality rate of building of the Archaeological Survey of India in New Delhi. The 84.6 percent. ASI’s new headquarters at Tilak Marg has been equipped with (e) Further, Air India is the lowest ranking Indian airline on state-of-the-art facilities, including energy efficient lighting and the list, ranked at 64 out of 65 airlines, with just 58.4 rainwater harvesting. It will include a central archaeological library percent of its 1.7 lakh flights being on time. with a collection of about 1.5 lakh books and journals. (f) IndiGo Airlines is placed highest among Indian airlines on the list, at rank 14 with 82 percent of its flight to be India’s 1st Private UAV Factory To Come Up In Kota on time. India’s first private sector unit for manufacturing Unmanned Air (g) South Korea’s low-cost airline T’way Air topped the Vehicles (UAV) and light bulletproof vehicles (LBPV) will be set global ranking with an OTP of 95.6 percent. up by DCM Shriram Industries Group on the campus of Shriram Rayons in Kota, Rajasthan. The new defence unit of Shriram Rayons Stainless steel charkha unveiled at Sabarmati riverfront in Kota is being set up under ‘Make in India’ initiative of the union BJP president Amit Shah has unveiled a stainless steel Charkha at government. the Sabarmati riverfront in Ahmedabad, Gujarat. The charkha, which is 21 feet in length, 11 feet in height,and 6.5 feet in breadth, is made Mumbai Airport Among Least Punctual Airports In The of chromium-nickel stainless steel and is installed on the Sabarmati World: Study Riverfront near the Riverfront Park, right across the Sabarmati (a) Based upon a report by British aviation intelligence firm Ashram. OAG, Mumbai’s Chhatrapati Shivaji International Airport has been ranked as the fifth least punctual airport in the world with a rank of 509 out of the 513 airports  globally.

Aaron Finch (AUS) topped the list followed by fakhar zaman at 2nd position anr K.L.Rahul at 3rd position. India women’s cricket coach Arothe resigns India’s women cricket team coach Tushar Arothe has stepped down from the role, citing personal reasons. Under his stint, the team reached the final of the ICC Women’s World Cup in 2017. In 2018, the team won the three-match ODI series and five- match T20I series in South Africa. Earlier this year, the team successfully reached the final of the Asia Cup held in Malaysia. Thailand Open 2018: Nozomi Okuhara Beats PV Sindhu Win Maiden Title India’s star shuttler PV Sindhu (seeded second) suffered a defeat to fourth seed Nozomi Okuhara of Japan in straight games inside 50 minutes to settle for runners-up spot in the Thailand Open at the Nimibutr Stadium in Bangkok. India jump one place to 5th in latest FIH ICC T20I rankings rankings Pakistan have retained the top position in team rankings followed India have jumped a rung to fifth position in the men’s hockey world rankings issued by the International Hockey Federation by India in 2nd position and Australia at the 3rd position. In the (FIH). India have made the jump by virtue of its second consecutive bowling table, of Afghanistan and Shadab Khan of runner-up finish at the Champions Trophy in Breda, Netherlands Pakistan have retained the top two positions. In the Batting Ranking earlier this month.

26 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 KEY ISSUES Winners of 2018 Wimbledon Championships (4) FIFA Young Player award: 19-year-old Kylian Mbappe The 2018 Wimbledon Championships was the 132nd (France). edition of the championships and 51st edition in the Open (5) FIFA Fair Play Award: Spain for superb disciplinary Era. The tournament was held at the All England Lawn Tennis record. and Croquet Club in Wimbledon, London, United Kingdom. (6) Top 4 team rankings: France (1st, Winner), Croatia Men’s Singles title: Serbia’s Novak Djokovic (World Number (2nd, Croatia), Belgium (3rd) and England (4th). 21) won the 2018 Wimbledon title in men’s singles category (7) Man of the Match in Final: Antoine Griezmann by defeating (France). K e v i n (8) Top scorer: Harry Kane of England (6 goals) A n d e r s o n  Next World Cup: Qatar will be hosting next FIFA World (South Africa). Cup in 2022. It will be the first Arab country to host W o m e n ’ s World Cup and it will also for first time it will be held in Singles title: Middle East region. A n g e l i q u e  Zabivaka was the official mascot of the 2018 FIFA K e r b e r World Cup. (Germany) won  The official song of the tournament was “Live It Up”, the 2018 with vocals from Will Smith, Nicky Jam and Era Istrefi. W i m b l e d o n  First time in the history of world cup VAR (Video title in Assistant Referee) system was used. w o m e n ’ s  Total 32 team played in this tournament. Total match s i n g l e s played-64. Total goal scored-169 category by  In a first, Iceland with a population of about 350,000 d e f e a t i n g people (for context, this slightly more than half of Serena Williams (United States). Sikkim’s population), became the smallest country in Men’s Doubles: It was won by Mike Bryan and Jack Sock the world to qualify in the FIFA World Cup. The pair from United States. They defeated Raven Klaasen previous smallest country to have reached the World (South Africa) and Michael Venus (New Zealand) pair. Cup was Trinidad & Tobago (population of 1.3 million) Women’s Doubles: It was won by Barbora Krejèíková and in 2006. Kateøina Siniaková pair from Czech Republic. They defeated  Panama also played its first FIFA world cup in this Kvìta Peschke, 6 (Czech Republic) and Nicole Melichar tournament. (United States).  It is the first time three Nordic countries (Denmark, Mixed Doubles: It was won by Alexander Peya (Austria) and Iceland and Sweden) have qualified for the FIFA World Nicole Melichar (United States) pair. They had defeated Cup. Jamie Murray (United Kingdom) and Victoria Azarenka  It is the first time Four Arab nations (Egypt, Morocco, (Belarus). Saudi Arabia and Tunisia) have qualified for the FIFA World Cup. France wins 2018 FIFA World Cup Football  Match ball “Telstar 18”:The official match ball of the title:France win second title in 20 years 2018 World Cup is called “Telstar 18” and is based (a) France has won 21st edition of 2018 FIFA World on the name and design of the first Adidas World Cup Cup Football by defeating Croatia by 4-2 goals in ball from 1970. It was introduced on 9 November the final match held at the Luzhniki Stadium in 2017. Moscow, Russia . (b) It was France’s second World Cup crown after it had own it in 1998 (by defeating Brazil) on home soil. (c) It was Croatia’s first World Cup final appearance and smallest country ever to reach final in the modern era. (d) With this, victory France joins Uruguay and Argentina in winning World Cup for a second time. (e) Brazil has won for recode five times and it is only team that has played in every World Cup. Germany and Italy have each won four titles, Argentina, France and Uruguay have won two titles each. England and Spain has won one title each. (f) Goal Scores: For France, four goals were scored  2018 FIFA World Cup official logo: The tournament by Mario Mandžukiæ (Croatia’s self-goal at 18 logo inspired by “Russia’s rich artistic tradition and min), Antoine Griezmann (38 min), Paul Pogba its history of bold achievement and innovation” was (59 min) and Kylian Mbappe (65 min). For Croatia, unveiled on 28 October 2014 by cosmonauts at the two goals were scored by Ivan Perišiæ (28 min), International Space Station. Mario Mandzukic (69 min). (1) Golden Ball award: Luka Modric (Croatia). (2) Golden Boot award: Harry Kane (England captain) for scoring six goals across six games.  (3) Golden Glove award: Thibaut Courtois (Belgium).

27 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 Striker to lead Indian team in Women’s hockey matches) and (509), to complete 500 world cup international games. Rani Rampal has been named as the Captain of India’s 18-member (e) Other cricketers who reached this feat are – Mahela squad for the women’s hockey World Cup while goalkeeper Savita Jayawardene (652), Ricky Ponting (560), Shahid Afridi will serve as her deputy in the World Cup to be played in London (524) and Jacques Kallis (519). from July 21 to August 5, 2018. India have been placed in Pool B alongside hosts and world no. 2 England, world no. 7 USA and India’s Dalabehera Bags Bronze In Junior World world no. 16 Ireland. Weightlifting Indian lifter Jhilli Dalabehera has bagged the bronze medal in the Junior Shooting World Cup: Saurabh Chaudhary Strikes 2018 IWF Junior World Weightlifting Championships at Tashkent. Gold with World Record She lifted 167 kg in the 48 kg category to finish third on the podium. 16 year old Indian shooter Saurabh Chaudhary created a new world According to Indian Weightlifting Federation Secretary General record to win a gold medal in the 10m air pistol event at the ISSF Sahdev Yadav, Jhilli is the second woman lifter after Saikhom Junior World Cup in Suhl, Germany. Saurabh who earned the eighth Mirabai Chanu in 2013 to win a medal in the Junior World Gold medal for India, ended the eight-man final. Championships. Rahul Dravid inducted into ICC Hall of Fame Clinches Gold Medal At Gymnastics World Rahul Dravid was inducted into the ICC Hall of Fame, becoming Cup only the fifth Indian to receive the honour after , India’s premier gymnast Dipa Karmakar(From Agartala, Tripura) , Sunil Gavaskar and . The Indian cricket clinched a gold medal in the vault event of FIG Artistic Gymnastics legend was inducted alongwith former Australia captain Ricky World Challenge Cup at Mersin in Turkey. She returned to action Ponting and England batting great Claire Taylor. after nearly two years of lay-off due to injury. The 24-year-old from Tripura, Dipa Karmakar scored 14.150 to win gold. This is Malaysian Open Badminton Dipa’s first medal in a World Challenge Cup. Malaysian shuttler Lee Chong Wei won the Malaysian Open Dipa Karmakar is an artistic gymnast, who represented India at Badminton men’s singles title for a historic 12th time.He defeated the 2016 Summer Olympics. She is the first Indian female gymnast young Japanese shuttler Kento Momota. In the women’s singles ever to compete in the Olympics and the first Indian gymnast to final, top seed Tai Tzu Ying from Taiwan defeated China’s He do so in 52 years. Bingjiao to win women’s singles title. She is being supported by the GoSports Foundation under the Rahul Dravid Athlete Mentorship Programme. Max Verstappen Won Austrian Grand Prix, Lewis Hamilton Retires Indian Kabaddi team clinches Kabaddi Masters Dubai 2018 Red Bull’s Max Verstappen won the Austrian Grand Prix 2018 title title in Austria. Ferrari’s Kimi Raikkonen finished in the second Indian Kabaddi team has clinched the Kabaddi Masters Dubai 2018 spot. Ferrari’s Sebastian Vettel finished in the third spot. Mercedes’ title by defeating Iran 44-26 in the summit clash in Dubai. The Lewis Hamilton retired from the race due to a mechanical issue in three-time world champions did not give Iran any ground to recover his car. with Captain and youngster Monu Goyat led the raid charts. Sports Authority for India to be renamed ‘Sports India’ More than 34 years after coming into existence, the Sports Vinesh Phogat Wins Gold At Spanish Grand Prix Authority of India (SAI) is set to be renamed as Sports India after Vinesh Phogat added another gold medal to her rich haul after the sports body’s governing body meeting. It has announced by claiming the top position at the Spain Grand Prix in Madrid. Vinesh Union Sports Minister Rajyavardhan Singh Rathore.The sports won the gold medal in the women’s freestyle 50kg category in body organised its 50th GB meeting, where it was also decided dominating fashion which saw her give up only one point during that coaches will be given a say in decision making and the food her five bouts. expenses of athletes will also be increased. Marc Marquez Wins German Grand Prix MS Dhoni becomes 3rd Indian cricketer to play 500 inter- Honda’s Marc Marquez (of Spain) cruised to his ninth consecutive national matches German Grand Prix victory to extend his MotoGP lead. He has (a) The former India captain, Mahendra Singh Dhoni become now won in the top category at Sachsenring for the past six years the 3rd Indian cricketer to reach the coveted milestone of and three times in the smaller classes before that. playing 500 international matches. (b) He achieved this feat during the second T20 International Javelin thrower Neeraj bags gold at Sotteville Athletics meet against England at Sophia Gardens, Cardiff. India’s star javelin thrower Neeraj Chopra won a gold medal in (c) He has played 90 Test matches and 318 One Day Sottevile Athletics meet held in Sotteville, France. The 20-year- Internationals. old covered a distance of 85.17 meters to finish on top of the (d) Dhoni is now the 9th player in the history of cricket and podium. only the third Indian player, after (664

28 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

2018 IAAF World U20 Championships held in Finland Hima Das becomes 1st Indian woman to win gold at IAAF The 2018 World U20 Championships in Athletics, also known as World U- 20 Athletics Championships the World Junior Championships, are an international athletics Hima Das created history by becoming the first Indian woman to competition for athletes qualifying as juniors (born no earlier than win a gold at the IAAF World Under- 20 Athletics Championships 1 January 1999) which took place at Tampere Stadium in Tampere, in Tempere, Finland. She clinched the top spot in the women’s 400 Finland from 10–15 July 2018. Kenya topped the medal tally with meters final race on the third day of the competitions. India placed on 18th rank. Mohammad Kaif announces retirement from all forms of Wrestling Federation’s Brij Bhushan appointed as Asian cricket Games head Indian Cricketer Mohammad Kaif has announced his retirement The Indian Olympic Association (IOA) has appointed Wrestling from all forms of the game. Kaif played 13 Tests and 125 ODIs for Federation of India (WFI) president Brij Bhushan Sharan Singh as India and will always be remembered for his match-winning knock the incharge of the upcoming 18th to be held from 18 of 87 at the Lord’s during the epic Natwest Trophy final in 2002. August to 2 September 2018 in the Indonesian cities of Jakarta and Palembang. Asia Cup : Korea Topped, India Finished 3rd India has bagged four medals in the Asia Cup World Archery Ranking Alisson Becker becomes world’s most expensive goalkeeper Tournament Stage 3 in Taipei, Taiwan. The feat comprised 3 silver Alisson Becker of Brazil has become the World’s most expensive medals and a bronze. India also finished joint third with Iran in the goalkeeper while transferring clubs from Italy’s Roma to England’s championship. India ended their campaign behind toppers Korea Liverpool for a world record £56 million. The 25-year-old Brazilian and hosts Chinese Taipei. Korea topped the tally with 14 medals, has beaten Ederson Moraes (£34.7 million, Benfica to Manchester 8 of them being gold. Taipei bagged 5 medals, two of them being City). gold. India’s Jinson Johnson Breaks 42-year-old 800m National Record  India’s middle-distance runner Jinson Johnson created history as he broke 42 year old record set in Indian athletics to win the gold medal in the men’s 800m event at the 58th National Inter State VANIK’S KNOWLEDGE GARDEN Championships at the Indira Gandhi Stadium in Guwahati. The 27-year-old from Kerala clocked 1:45.65 seconds to break previous IFSC Code: This code is an alpha-numeric code that is record of 1:45.77 seconds set by at the 1976 Olympics used to uniquely identify a bank branch participating in in Montreal. the electronic payment systems in India like Real Time With the record breaking win, he also booked a ticket for the Jakarta Gross Settlement (RTGS) and the National Electronic Asian Games.The silver medal was clinched by Haryana’s Manjit Fund Transfer (NEFT). Singh.  It is an 11 digitcode.First 4 letters represent bank Dutee Chand sets national record in women’s 100m code. The 5th letter is a ‘0’(Zero). last six letters Indian sprinter Dutee Chand has set a new national record in the represent bank branch. women’s 100-metre race at the 58th National Inter State Senior  For example: IFSC code of a particular branch of Athletics Championships held at Sarusajai Stadium, Guwahati. ICICI bank may look like ICIC0001207. She clocked 11.29 seconds to beat her own previous record of MICR:MICR stands for Magnetic Ink Character 11.30 seconds which she achieved at the Indian Grand Prix in Recognition. 2017. This code is present at the bottom of cheques and other Torch relay for Asian Games 2018 begins vouchers. The torch relay for the much awaited Asian Games 2018 began  MICR code is 9 digits numeric code used to from Major Dhyan Chand National Stadium in New Delhi. The identify a bank participating in electronic clearing multi sport-event will begin on August 18 in Indonesia’s Jakarta scheme. city. This event will make it way through 51 cities in Indonesia, finally ending in Jakarta.  First 3 digits represents city code The second 3 digits represents Bank code The last 3 digits Wrestler Vinesh clinches gold at Spanish Grand Prix denotes bank branch. India’s Vinesh Phogat clinched the gold medal at the Spanish Grand  For example:MICR-no of one of the Indian Bank Prix wrestling tournament, thrashing Natasha Fox of Canada 10-0 branches in Chennai is 600019004. in the final of the women’s 50 kilogram freestyle category in Madrid, Spain.

29 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Mahendragiri, Tirunelveli district of Tamil Nadu. This engine would improve the payload capability of PSLV, GSLV and GSLV Mk-III launch vehicles. Vikas Engine, a workhorse liquid rocket engine designed by the Indian Space Research Organsiation (ISRO), powers the second stage of Polar Satellite Launch Vehicle (PSLV) of India.

IIT-Madras unveils word’s first remotely op- erable LEAP microscope The Indian Institute of Technology (IIT)-Madras has commissioned remotely operable Local Electrode Atom Probe (LEAP) microscope. It is claimed to be world’s first remotely operable LEAP microscope. LEAP is high-performance microscope that can provide a precise atom-by-atom view of materials. BEL inks MoU with Swedish firm Saab for marketing air-surveillance radar State-owned defence electronics company Bharat ISRO to step on unexplored side of the moon to harness Electronics Ltd (BEL) has signed memorandum of trillion dollars’ worth of nuclear energy understanding (MoU) with Swedish aerospace and defence firm (a) ISRO plans to reach the south side of the moon where no Saab for jointly marketing L-Band 3D air surveillance radar (RAWL- nation has gone before and a rover is expected to be 03).RAWL-03 is long range air surveillance radar for early detection launched for this in October. and tracking of air and surface targets. BEL is state-owned leading (b) Once they get there, they plan to study if mining the defence electronics company. It is one of nine PSUs under the surface of the moon for water and helium-3 is possible. Union Ministry of Defence of India. It has been accorded Navratna (c) Helium-3 is a source of waste-free nuclear energy which, status(Total 8 Navaratna). It is headquartered in Bengaluru, when harnessed, is worth trillions of dollars. The Helium- Karnataka. 3 isotope can provide safer nuclear energy as it is not BHEL inks pact with Korean firm NANO for emission con- radioactive and doesn’t produce dangerous waste trolling equipment products. (d) The Helium-3 isotopes are limited on Earth but found in Bharat Heavy Electricals Limited (BHEL) has signed Technology abundance on the moon due to the heavy solarwinds it is Collaboration Agreement (TCA) with South Korean firm NANO in contact with. If the isotopes on the moon are harnessed, Co Ltd. for design and manufacture of emission controlling devices they could theoretically meet the global energy demands for coal-based thermal power plants to comply with emission for 250 years. ISRO will be spending around $125 million norms.Under the agreement, NANO will design and manufacture on its new moon mission. the solution known as SCR Catalysts for De-NOx application in (e) Chandrayaan-2 is India’s second lunar exploration mission coal-fired plants to enhance BHEL’s offerings for emission control after Chandrayaan-1(October 2008).the mission is systems (De-NOx applications). planned to be launched to the Moon by a BHEL-Headquarters: New Delhi, CEO: Atul Sobti Geosynchronous Satellite Launch Vehicle (GSLV Mk Google announces Launchpad Accelerator India II). Bringing the best of Google to Indian startups, Google NSDC, Facebook partner to train youth on digital skills announced Launchpad Accelerator India — a new comprehensive Facebook and the National Skill Development Corporation (NSDC) mentorship program, tailored exclusively for startups based in have entered into strategic partnership to train youth and India, deploying Machine Learning/AI to build solutions for India’s entrepreneurs in the country on digital skills. The partnership will local needs. As part of the Launchpad Accelerator India, the enable Ministry of Skill Development and Entrepreneurship shortlisted startups will go through extensive mentorship and support from the best of Google in AI/ML, Cloud, UX, Android, (MSDE) to incorporate Facebook’s training on digital marketing skills in its courses, besides providing trainees with access to local, Web, Product Strategy and Marketing. domestic and international markets. AAI to set up Civil Aviation Research Organisation ISRO successfully conducts ground test of high thrust ver- Airports Authority of India (AAI) is going to set up state-of-the- sion of Vikas Engine art Civil Aviation Research Organization (CARO) at Hyderabad’s Begumpet Airport. Union Civil Aviation Minister Suresh Prabhu ISRO has successfully conducted ground test of its high thrust has laid down the foundation stone of the centre. AAI has earmarked version of Vikas Engine at ISRO Propulsion Complex (IPRC) in

30 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Rs 1,200 crore which will be spent over 12 years for research and Move app allows the users to record their daily activities including development (R&D). AAI Chairman-Dr. Guruprasad Mohapatra. walking, cycling and running. “tbh” app is an anonymous social media app for high school students in the US. ISRO conducts first test of crew escape module (a) The Indian Space Research Organisation (ISRO) has ReUnite Mobile app launched to trace missing children successfully conducted the first test of Crew Escape The Union Minister of Commerce & Industry and Civil Aviation System that provides escape mechanism for astronauts has launched mobile application “ReUnite” in New Delhi to track if the launch operation is aborted. and trace missing and abandoned children in India. It has been (b) It was first pad abort test critical for future human space developed by Nobel Laureate Kailash Satyarthi‘s NGO Bachpan mission that demonstrated safe recovery of crew module Bachao Andolan and IT company Capgemini. in case of any exigency at the launch pad. (c) The test lasted little more than three minutes and involved Google Launches New Online Ad Tool for Small Businesses aborting space capsule at launch to save astronaut. In a bid to help small businesses connect with relevant customers (d) India at present does not have human space flight online, Google has unveiled “Smart” campaigns.The tech giant has programme. also changed the name of its lineup of ad products “Google (e) Only three countries United States of America (USA), AdWords” which will now be known as “Google Ads”. Russia and China have human space flight programmes. (f) The only Indian citizen to ever travel to space was fighter NASA To Launch World’s Lightest Satellite Designed By pilot Rakesh Sharma who flew aboard Soyuz T-11 Chennai Students (spacecraft of former USSR) in 1984.( Dr K Sivan is Four engineering students from Hindustan Institute of Technology Chairman of ISRO.Headquarters of ISRO- Bengaluru, and Science near Chennai, Tamil Nadu have developed the world’s Karnataka) lightest satellite ‘Jaihind-1S’. The satellite developed by first year students team headed by Harikrishnan KG will be launched by Facebook shuts down three of its apps NASA in August. The 4cm ‘cube’ satellite ‘Jaihind-1S’ has been Facebook has announced it is shutting down its fitness app built with a 3D printed outer casing from polylactic acid (PLA) “Moves”, Android app “Hello” and anonymous social media app nylon material, making it lighter than a medium sized egg, at just “tbh”. Facebook is deprecating these apps due to low usage. The 33.39 grams. Hello app was launched in the year 2015 for Android users in Brazil, the US and Nigeria. It allows the users to combine information from Facebook with contact information on their phone. 

temporarily Nipah free as no positive case of the infecton was reported till completion of double incubation period of the virus.The organism which causes Nipah Virus encephalitis is RNA or Ribonucleic acid virus of family Paramyxoviridae, genus Henipavirus, and is closely related to Hendra virus. Natco Pharma launches Hepatitis C drug in India Natco Pharma said it has launched fixed dose combination of Sofosbuvir-Daclatasvir tablets for the treatment of Hepatitis C under the brand name Hepcinat Plus, in India. The product is a generic fixed dose combination of Sofosbuvir 400 mg and Daclatasvir 60mg tablets, used for the treatment of patients with chronic Hepatitis C virus (HCV) infection. All India Institute of Ayurveda inks MoU with IIT Delhi to give scientific validation to Kerala Govt declares Kozhikode and Malappuram districts Ayurveda free from Nipah virus All India Institute of Ayurveda (AIIA) and IIT (Indian Institute of Technology)-Delhi have signed Memorandum of Understanding Kerala Govt declared Kozhikode and Malappuram districts free (MoU) to enhance research in the field of Ayurveda. The MoU from Nipah virus infection. These districts have been declared as was signed on sidelines of two-day conference on ‘Raising towards

31 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Excellence’ held at New Delhi. Delhi based AIIA is apex institute (d) The scheme of IoE was rolled out by University Grants for Ayurveda in the country under Ministry of AYUSH. Commission (UGC). It aims to help 20 higher education (10 public and 10 private) institutions from country break BIMARU states top in non/partially-immunized children: into top 500 global rankings in 10 years, and then UN agencies eventually break into top 100 over time. The ‘BIMARU’ Indian states - Bihar, Madhya Pradesh, Rajasthan (e) These selected institutions will have greater autonomy and Uttar Pradesh - have the highest numbers of partially immunized compared to other higher education institutions. They and non-immunized children, according to UN bodies WHO and will be free to decide their fee for domestic and foreign Unicef. According to data shared by the UN bodies, the national students and have flexible course duration and average for full immunization is 62 per cent, for diphtheria-tetanus- structure.10 government institutions selected will also pertussis vaccine (DTP3) coverage is 78.4 per cent and for measles get Rs 1,000 crore each from HRD Ministry to achieve first dose 81.1 per cent. According to them, a record 123 million world-class status. There will be no financial assistance children were immunized globally in 2017. to the private institutions. World’s 1st Colour X-Ray Performed On a Human Higher Education Financing Agency Capital Base Enhanced New Zealand scientists have performed the first-ever 3-D, colour To Rs.10,000 crores X-ray on a human. The device is based on the traditional X-ray but The Union Cabinet has approved a proposal to expand the scope incorporates particle-tracking technology developed for CERN’s of the Higher Education Financing Agency (HEFA) by expanding Large Hadron Collider. This colour X-ray imaging will produce its capital base to Rs 10,000 crore from the existing Rs 1,100 crore. more accurate pictures & help doctors give their patients more HEFA has also been tasked to mobilise Rs 1,00,000 crore for accurate diagnoses. Revitalising Infrastructure and Systems in Higher Education (RISE) by 2022. Gorakhpur launches mobile app to check encephalitis The cabinet committee on economic affairs (CCEA), at a meeting With encephalitis claiming the lives of hundreds of children every chaired by Prime Minister Narendra Modi, approved the proposal year in eastern parts of Uttar Pradesh, the Gorakhpur administration to expand the facility (HEFA) to all institutions, especially those has launched an android based smart phone application to combat set up after 2014, central universities with few internal resources, the epidemic. Named ‘Stop JE/AES’, the app lets users seek and school or health education institutions such as the All India immediate medical help with the touch of a button. Institute of Medical Sciences (AIIMS) and the Kendriya Vidyalayas NCPCR drafts fee regulations to check arbitrary increases (KVs). in school fees HEFA was set up on May 31, 2017, as a non-profit, non-banking financing company to mobilise extra-budgetary resources for National Commission for Protection of Child Rights (NCPCR) building crucial infrastructure in higher educational institutions has drafted fee regulations to put in place uniform fee framework to check frequent and arbitrary increases in school fees by unaided under the government. private schools. It will recommend these draft regulations to Union  Ministry of Human Resource Development (HRD). It proposes 10% yearly cap on the fee hike permissible by private, unaided VANIK’S KNOWLEDGE GARDEN schools. NCPCR is country’s apex child rights body. NCPCR is a statutory body set up in 2007 under Commissions for Protection PAYMENTS BANKS of Child Rights Act, 2005.  These banks can accept a restricted deposit which is currently limited to INR 1 lakh per customer and HRD Ministry grants Institutions of Eminence status to 3 may be increased further. public and 3 private institutes  These banks cannot issue loans and credit cards. (a) The Union Ministry of Human Resource Development  Both current account and savings accounts can be (HRD) has granted Institution of Eminence (IoE) status operated by such banks. to six educational institutions. It includes 3 Institutions  Payments banks can issue services like ATM cards, from Public Sector and 3 from Private Sector. They were debit cards, online banking and mobile banking. selected by Empowered Expert Committee headed by  They can distribute non-risk sharing simple former Chief Election Commissioner (CEC) N financial products like mutual funds and insurance Gopalaswami. products. (b) Public Sector: Indian Institute of Science (IISc), Bengaluru  Non-resident Indians (NRIs) are not be allowed to (Karnataka); Indian Institute of Technology (IIT), open accounts in payment banks. Bombay (Maharashtra) and IIT, Delhi.  The minimum capital requirement is Rs 100 crore. (c) Private Sector: Birla Institute of Technology & Sciences,  On 23 September 2013, Nachiket Mor committee Pilani (Rajashtan); Manipal Academy of Higher recommended the formation of payments bank Education, Manipal (Karnataka) and proposed Jio  At present, Airtel, India Post, Paytm, FINO and Institute of Reliance Foundation in Pune (Maharashtra) Aditya Birla Idea are the only five entities that have under Green Field Project. started Payments Bank Operations.

32 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Bhitarkanika National Park (BNP) of Odisha becomes largest habitat of endangered estua- rine crocodiles The Bhitarkanika National Park (BNP) of Odisha become the largest habitat of the endangered estuarine crocodiles in India with a record number of their nesting sites spotted in it. The enumerators have spotted 101 nests of crocodile in Kanika, Gahirmatha, Mahakalapada and Rajnagar wildlife forest range divisions under the park. Estuarine crocodiles are also found in West Bengal’s Sundarban areas having the country’s largest mangrove cover. India to set up disaster database before 2020 Highlighting the need to systemise disaster data by setting up a database on a sustainable basis, Union Minister of State for Home Kiren Rijiju on Wednesday said it will be India’s endeavour to set up disaster database expeditiously well before the target date of 2020. It was announced by him during SAFAR: Most advanced System of Air Quality and Weather Presenting India’s stand at the Asian Ministerial Conference of Forecasting inuagrated in Delhi Disaster Risk Reduction (AMCDRR) being held at Mongolia’s Ministry of Earth Sciences has unveiled state-of-the-art Air Quality Ulaanbaatar between July 3 and 6. and Weather Forecast System– SAFAR (System of Air Quality and Weather Forecasting) at Chandni Chowk in Delhi. It is first of its kind and most advanced system in India. Such advanced are also proposed to be implemented in other three cities of India- Pune,  Mumbai and Ahmedabad. SAFAR was developed indigenously by Indian Institute of Tropical Meteorology (IITM), Pune and VANIK’S KNOWLEDGE GARDEN operationalized by India Meteorological Department (IMD). PAYMENTS BANKS Advanced weather forecasting system unveiled at Chandni  These banks can accept a restricted deposit which is Chowk currently limited to INR 1 lakh per customer and Minister for Science and Technology Harsh Vardhan has unveiled may be increased further. the first of a kind Air Quality and Weather Forecast System,  These banks cannot issue loans and credit cards. SAFAR at Chandni Chowk in New Delhi. The giant true colour  Both current account and savings accounts can be operated by such banks. LED display will give real-time air quality index on 24×7 basis  Payments banks can issue services like ATM cards, with colour coding along with 72-hour advance forecast. The new debit cards, online banking and mobile banking. system can track UV-Index, PM1, Mercury and Black carbon in  They can distribute non-risk sharing simple real time and will provide health advisory and related precaution. financial products like mutual funds and insurance products. Odisha police launch drive to bust Pangolin smuggling  Non-resident Indians (NRIs) are not be allowed to racket open accounts in payment banks. Odisha Special Task Force (STF) has launched drive to bust an  The minimum capital requirement is Rs 100 crore. international syndicate that peddles ‘endangered’ pangolin, one of  On 23 September 2013, Nachiket Mor committee recommended the formation of payments bank the world’s most illegally traded mammals. It has requested Union  At present, Airtel, India Post, Paytm, FINO and Home Ministry to approach the Myanmar government to block Aditya Birla Idea are the only five entities that have the transit route for smuggled pangolin under Mutual Legal started Payments Bank Operations. Assistance Treaty (MLAT). Indian pangolin (Manis crassicaudata) has been listed as “endangered” in International Union for Conservation of Nature’s IUCN Red List. It is also a Schedule I category protected animal, under the Wildlife Protection Act (1972).

33 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Indian Army is going to resume trials of US-made M777 ultralight howitzer in the Pokhran firing range, Rajasthan.M777 is 155-mm, 39-calibre towed artillery gun. It is manufactured by US based BAE Systems’ Global Combat Systems division. INS Sumitra enters port of Sabang Indian naval ship INS Sumitra became the first- ever warship to enter port of Sabang in Indonesia. The warship was deployed in Malacca Straits. Sabang port is located close to the northern entrance of the Malacca straits. Tejas commences operations from Sulur Air Force Station Indigenous fighter aircraft Tejas of No 45 Squadron ‘The Flying Daggers’ formally commenced its operations from Sulur Air Force Station, Andhra Pradesh. ‘Flying Daggers’ took up active wartime World’s largest multilateral naval exercise RIMPAC held role towards safeguarding national skies. off Hawaii TEJAS: The HAL Tejas is an Indian single-seat, single-jet engine, The world’s largest multilateral naval exercise Rim of the Pacific multirole light fighter designed by the Aeronautical Development (RIMPAC) was held off Hawaii in the Western Pacific Ocean on Agency (ADA) and Hindustan Aeronautics Limited (HAL) for the June 27.RIMPAC 2018 is the 26th exercise in a series that began in Indian Air Force and Indian Navy. It came from the Light Combat 1971. The two-month long biennial exercise is likely to be attended Aircraft (LCA) programme, which began in the 1980s to replace by navies of 26 countries including India. India’s ageing MiG-21 fighters. In 2003, the LCA was officially Indian Naval Ship Sahyadri commanded by Captain Shantanu Jha, named “Tejas”.The Tejas is the second supersonic fighter developed has already reached the Pearl Harbour in Hawaii to participate in by Hindustan Aeronautics Limited (HAL) after the HAL HF-24 the 26th edition of RIMPAC exercise. INS Sahyadri left for Pearl Marut. Harbor, Hawaii, immediately after the trilateral Malabar Exercise (June 7 to 16) off the US Naval base of Guam, involving the US, Indian, Indonesian Navies Participate in Passage Exercise Indian and Japanese navies. The Navies of India and Indonesia participated in Passage Exercise (PASSEX), to enhance their maritime cooperation. Indian Naval BrahMos Missile tested in extreme weather conditions ships INS Shakti and INS Kamorta under the command of Rear (a) DRDO has successfully test-fired supersonic cruise Admiral Dinesh K Tripathi, Flag Officer Commanding Eastern missile under extreme weather conditions, as part of the Fleet, undertook Passage Exercise (PASSEX) with Indonesian Naval service life extension programme for Indian Army. The Ship KRI Madidihang (855) a Stingrays Class Fast Patrol Craft on missile was fired from a mobile autonomous launcher leaving the Port of Makassar, Indonesia. from the Integrated Test Range at Balasore, Odisha. (b) BrahMos is supersonic cruise missile developed by CRPF forms lady commando’s team to tackle women stone pelters BrahMos Aerospace, a joint-venture between Russia’s The Central Reserve Police Force (CRPF) has prepared a team of Mashinostroyenia and India’s Defence Research and lady commandos to deal with the rising number of women Development Organisation (DRDO). participants involved in the incident of stone pelting across Jammu (c) It has been named after two rivers Brahmaputra and Moskva (river in western Russia). & Kashmir region to target security forces.Dubbed as ‘Super 5002 , the team of lady commandos have been given rigorous training (d) It operates on ‘fire and forget principal’. It is claimed which includes being blindfolded to deal with night-time that missile has strike accuracy rate of 99.99%. deployment and repairing weapons in under a minute in case of Indian Army to resume trials of M777 Howitzer artillery any malfunction. gun

34 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 Frontline Indian warship INS Trikand reaches Lanka on MILITARY EXERCISE goodwill visit India’s latest frontline warship INS Trikand has reached Sri Lanka Indian Air Force to join ‘Pitch Black’ warfare exercise in on a goodwill visit. The Sri Lanka Navy ceremonially welcomed Australia the state-of-the-art warship in accordance with naval traditions. For the first time, the Indian Air Force will participate with fighter The ship’s crew will play a friendly football match with the Sri aircraft in Exercise Pitch Black 2018 (PB-18), which is scheduled Lanka Navy. from July 24, 2018 to August 18, 2018 in Australia. Ex Pitch Black is a biennial multi-national large force employment warfare exercise Saathi : CRPF launches mobile help centre for Amarnath hosted by the Royal Australian Air Force (RAAF). The IAF Yatra pilgrims contingent consists of 145 air-warriors including the Garud team The Central Reserve Police Force (CRPF) has launched Saathi, a along with its four frontline Su-30 MKI Fighters, One C-130 and mobile help centre to reach out to people undertaking annual one heavy lift C-17 aircraft. pilgrimage to 3,880-metre high holy cave shrine of Amarnath. CRPF List of exercises of the Indian Army in 2018 is the largest central armed police force or paramilitary force in India with total 246 Battalions. It functions under Ministry of Participating Name Location Home Affairs (MHA). It was established in 1939.( Director General, Country CRPF-Rajiv Rai Bhatnagar) Vinbax I Vietnam Jabalpur, India Vajra Prahar USA Lewis-McChord, USA Indian Warship INS Trikand Reaches Sri Lanka In Good- Shakti IV France France will Visit Lamitye VIII Seychelles Mahe, Seychelles Surya Kiran XIII Nepal Pithoragarh, India India’s latest frontline warship INS Trikand has reached Sri Lanka Khanjar V Kyrgyzstan Vairengte, India in a goodwill visit. Sri Lanka Navy ceremonially welcomed the Harimau Shakti Malaysia Hulu Langat, Malaysia state-of-the-art warship in accordance with naval traditions. Vijay Prahar Mahajan Firing Range, India INS Trikand is a state-of-the-art warship of the Indian Navy equipped with a versatile range of weapons and sensors capable of addressing threats in all three dimensions - air, surface and sub-  surface.

Education, with suitable representations from NCC, M/o Youth Affairs and Ministry of HRD to suggest measures to strengthen National Cadet Corps (NCC) and National Service Scheme (NSS). The Committee will deal with issues like expansion, strengthening training infrastructure, rationalizing resources, reducing manpower deficiency affecting NCC and NSS. Centre reconstitutes committee to probe alle- gations against University The Ministry of Human Resource Development reconstituted a three-member fact-finding committee to assess the allegations against the Vice-Chancellor of Manipur University, Prof Adya Prasad Pandey. The Manipur University Students’ Union (MUSU) has been on a strike demanding the removal of the University Vice President following allegations of administrative negligence and financial irregularities.

Committee set up to Synergise NCC and NSS  The government has decided to set up a committee under the Chairmanship of Mr Anil Swarup, former Secretary, School

35 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

2018 Asian Ministerial Conference on Disas- ter Risk Reduction India participated in the Asian Ministerial Conference on Disaster Risk Reduction held in Ulaanbaatar, Mongolia from 03-06 July 2018. The theme of the meet is ‘Preventing Disaster Risk: Protecting Sustainable Development’. The disaster risk reduction is a key instrument to achieve the Sustainable Development Goals, as highlighted in the 2030 Agenda for Sustainable Development. India to host IUFoST World Food Science and Technology Congress 2018 India will host the 19th edition of IUFoST World Food Science and Technology Congress 2018 in Navi Mumbai from Oct 23-27, 2018 with the theme, “25 Billion Meals a Day by 2025 with Healthy, Nutritious, Safe and Diverse Foods”. IUFoST stands for ‘International Union of Food Science and Technology’. 9th Heads of Mission Conference held in New Ministry of Mines Organized 4th National Conclave on Mines Delhi & Minerals The 9th Heads of Mission Conference has been inaugurated by The Ministry of Mines organized the 4th National Conclave on External Affairs Minister Sushma Swaraj in New Delhi with the Mines & Minerals at Indore, Madhya Pradesh. Chief Minister of theme ‘Unprecedented Outreach: Unparalleled Outcomes’. The Madhya Pradesh Shivraj Singh Chauhan was the chief guest of the conference comes at the time when India is monitoring several conclave. For the first time, the conclave had an exhibition in which important global developments including sanctions imposed by States put up stalls to showcase their more than 100 mineral blocks United States on Russia and Iran, and China’s new assertiveness in which have been prepared to be put up on auctions during 2018- Indo-Pacific region. 19. 1st India Tourism Mart to be held in New Delhi in September NITI Aayog to organise India’s first Global Mobility Summit 2018 NITI Aayog announced to organise ‘MOVE: Global Mobility The first India Tourism Mart (IMT) will be held in New Delhi Summit’ in New Delhi on Sept 7-8, 2018 in collaboration with from 16 September 2018 to create a global tourism mart for India various ministries and industry partners. The summit will be on lines of major international travel marts. It will be organized by inaugurated by the Prime Minister Narendra Modi and will feature Ministry of Tourism in partnership with Federation of Associations global political leaders from the Mobility Space. The Summit will in Indian Tourism and Hospitality (FAITH). India Convention help drive Govt’s goals for vehicle electrification, renewable energy Promotion Board (ICPB) will coordinate the whole event. integration and job growth, thus, speeding up India’s transition to  a clean energy economy.

Novel ‘Eleventh Hour’authored by Hussain Zaidi The novel ‘Eleventh Hour’, authored by Crime writer Hussain Zaidi has been launched to pay tribute to the men in uniform. The book is inspired by and derived from real-life events – a vast stash of RDX that has remained undiscovered since the Mumbai serial blasts of 1993 and the agencies totally clueless about it; the jailbreak in Bhopal of five men; the hijacking of an Indian ship and a commercial vessel by Somali pirates and Pakistan’s designs to spread terror in India.



36 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

for resistance against heliothis bollworm insect pests. The country with the highest area under transgenic crops, at 75 mh, is the United States. YouTube Announces $25 million Investment to Fight Fake News Video sharing platform YouTube has announced the investment of $25 million to counter the spread of fake news on its platform. The investment is part of the $300 million Google News Initiative which was launched in March 2018. PM Modi to inaugurate Statue of Unity on Oc- tober 31 Prime Minister Narendra Modi will inaugurate the Statue of Unity on October 31, the birth anniversary of Sardar Vallabhbhai Patel.The memorial will be inaugurated in Kevadiya near Sardar Sarovar Dam in the tribal-dominated Narmada district, about 190 kilometres from Ahmedabad, Modi 2nd most influential world leader on Twitter after Trump Gujarat. The 182-metre tall statue is being built with 25,000 tonnes With over 42 million followers on his personal Twitter account, of iron and 90,000 tonnes of cement. Indian Prime Minister Narendra Modi is behind US President Donald Trump (52 million) and Pope Francis (47 million) but in India to save Rs 10,000 cr annually by setting default AC terms of influence on the microblogging site, Modi is the second temp at 24 degrees most important world leader, according to the 2018 “Twiplomacy” The Government agency, Bureau of Energy Efficiency (BEE), has study by BCW — a global communications agency. issued the guidelines to major commercial establishments to implement default temperature setting of air conditioners at 24 Diljit Dosanjh to get wax statue at Delhi’s Madame Tussauds degree Celsius. As per BEE, by keeping the air conditioner at the Bollywood singer-actor Diljit Dosanjh is all set to get his own wax default (factory) temperature settings, which is at 24 degree Celsius, statue at the Madame Tussauds museum in the national capital. as much as 20 billion units, worth Rs 10,000 crores annually can be Dosanjh’s statue will be the latest addition at the Madame Tussauds conserved. in the national capital, as he is set to share the dais with a handful of sports icons. Oxytocin formulations ban to come into effect from 1st July 2018 Tripura CM inaugurates traditional ‘Kharchi Puja’ The Government of India has imposed a ban on the manufacture of Tripura Chief Minister Biplab Kumar inaugurated the seven-day Oxytocin drug for domestic use with effect from July 1, 2018. It long “Kharchi Puja” at Puran Habeli, seven km from the state has also banned the import of Oxytocin and its formulations. No capital. The annual festival is meant to cleanse the sins of mortal private manufacturer will be allowed to manufacture the drug for souls. Originally a Hindu tribals’ festivity, it is now observed by domestic use from the said date. Besides, the Ministry of Health all communities and religion. and Family Welfare has allowed only Karnataka Antibiotics & Pharmaceuticals Ltd (KAPL), a public sector company, to BJP led NDA Government wins No Confidence motion in manufacture this drug for domestic use from that date. Lok Sabha The Oxytocin drug will be supplied by the manufacturer, i.e. KAPL, Bhartiya Janta Party (BJP) led National Democratic Alliance (NDA) to the registered hospitals and clinics in public and private sector Government has won No Confidence motion moved in Lok Sabha. directly. Oxytocin in any form or name will not be allowed to be The no-confidence motion against the government was moved by sold through retail Chemist a former NDA ally Telugu Desham Party (TDP). In this trust vote, NDA bagged 325 votes against motion, while 126 members voted Behdienkhlam 2018 celebrated in Meghalaya in favour. The famous cultural festival “Behdienkhlam 2018” has been celebrated at the small peripheral town of Jowai, the District India’s genetically modified crop area fifth largest in world headquarters of Jaintia Hills District in Meghalaya with joy and India has the world’s fifth largest cultivated area under genetically religious fervour.The festival is also known as the festival for chasing modified (GM) crops, at 11.4 million hectares (mh) in 2017 away the Demon of Cholera. It is the most celebrated religious according to the International Service for the Acquisition of Agri- festival among the Pnars Tribals. Biotech Applications (ISAAA). But unlike other big growers, its entire GM crop area is under a single crop — cotton — incorporating genes from the Bacillus thuringiensis or Bt soil bacterium coding 

37 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

World Population Day: 11 July World Population Day was established by the then- governing Council of the United Nations Development Programme in 1989. The theme of WPD 2018 is ‘Family Planning is a Human Right’. This day seeks to focus attention on the urgency and importance of population issues. This year marks the 50th anniversary of the 1968 International Conference on Human Rights, where family planning was, for the first time, globally affirmed to be a human right. Antonio Guterres is the Secretary- General of the United Nations. NABARD Foundation Day: 12 July National Bank for Agriculture and Rural Development (NABARD) has completed 36 years of service to the nation and celebrated the 37th Foundation Day on 12th July. A national seminar on ‘Collectivisation and Market linkages: Farmers Producers Organizations’ was Jul 01: National Doctors’ Day organized in Mumbai. 2018 theme: “Zero tolerance to violence against doctors and clinical NABARD Founded on: 12 July 1982, Headquarters: Mumbai, establishment”. The day honours legendary physician and West Chairman: Harsh Kumar Bhanwala. Bengal’s second Chief Minister, Dr Bidhan Chandra Roy whose Nelson Mandela International Day: 18 July birth and death anniversary coincides on the same day. Nelson Mandela International Day 2018 is observed internationally 1st July 2018 to be celebrated as ‘GST Day’ on 18th July. This year marks 100 years since the birth of Nelson (a) The government will celebrate July 1, 2018, as ‘GST Mandela (18 July 1918). The Nelson Mandela Foundation is Day’ to mark the first anniversary of the new indirect tax dedicating this year’s Mandela Day to ‘Action Against Poverty’, regime. Goods and Services Tax (GST) was rolled out in honouring Nelson Mandela’s leadership and devotion to fighting the intervening night of June 30 and July 1,2017. poverty and promoting social justice for all. November 2009 - in recognition of the former South African (b) Union Minister for Railways, Coal, Finance & Corporate Affairs Piyush Goyal will preside over as the Chief Guest President’s contribution to the culture of peace and freedom, UN of the event and Minister of State for Finance, Shri Shiv General Assembly declares 18 July “Nelson Mandela International Day” Pratap Shukla will be the Guest of Honour. International Day of the Tropics: June 29 (c) Goods and services are divided into five tax slabs for 12th Statistics Day celebrated on 29th June, 2018 collection of tax - 0%, 5%, 12%,18% and 28%. In recognition of the notable contributions made by Late Professor (d) The tax came into effect from July 1, 2017 through the Prasanta Chandra Mahalanobis in the fields of statistics, statistical implementation of 101st Amendment of the Constitution system and economic planning, Government of India in 2007, has of India by the Indian government. designated June 29 as the “Statistics Day” in the category of Special 30 June: International Day of Parliamentarism Days to be celebrated every year at the National level. On the occasion, Vice President of India released a commemorative The International Day of Parliamentarism is observed every year coin of Rs 125 and circulation coin of Rs 5 denomination as a mark on June 30 across the globe with an aim to recognise role of of respect to Prof. Mahalanobis on the closing ceremony of his parliaments in national plans and strategies and in ensuring greater 125th Birth Anniversary at Indian Statistical Institute, Kolkata. transparency and accountability at national and global levels. The 29th June, 2017 marked the beginning of the 125th year of birth of year 2018 marks first celebration of International Day of Prof. P.C. Mahalanobis Parliamentarism. Google dedicated a Doodle in honour of an Indian scientist and Inter-Parliamentary Union (IPU) founder of Indian Statistical Institute, Prasanta Chandra IPU is global inter-parliamentary institution. It was established in Mahalanobis. 1889 and was the first permanent forum for political multilateral Important Dates and Days of August negotiations. It is headquartered in Geneva, Switzerland. Its initial  August (1st Sunday): International Friendship Day objective was arbitration of conflicts.  August 6: Hiroshima Day Jul 07: International Day of Cooperatives  August 8: World Senior Citizen’s Day  August 9: Quit India Day, Nagasaki Day The International Day of Cooperatives (IDC) is observed on Jul 7  August 15: Indian Independence Day (first Saturday of July) across the world to promote co-operative  August 18: IntI. Day of the World’s Indigenous Peoples model as it contains core aspects of sustainable development and  August 19: Photography Day is based on ethical values and principles. 2018 Theme: ‘Sustainable  August 29: National Sports Day societies through cooperation’ 

38 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 ONE LINER

1. Indian Institute of Technology (IIT) Kanpur has developed TreadWill, an online tool to help people cope with issues related to mental health. 2. Cabinet Committee on Economic Affairs (CCEA) has approved implementation of Centrally Sponsored-Scheme for completion of 83 minor irrigation projects and 8 major or medium irrigation projects in Maharashtra’s drought prone areas of Vidharbha, Marathawada regions. 3. The Tamil Nadu government has informed the Madras High Court that a 24-hour helpline has been set up to investigate issues faced by inter-caste couples and offer them necessary assistance and protection. 4. UP Police launches digital volunteers campaign to check rumours. 5. Punjab Minister Navjot Singh Sidhu has finalized a blue print to further develop prestigious Virasat-e-Khalsa, a museum of the Sikhs, at Anandpur Sahib, Punjab. 6. Union Minister Dharmendra Pradhan laid the foundation stone of India’s first National Skill Training Institute (NSTI) in Bhubaneswar, Odisha. 7. In partnership with global consultancy firm EY, also known as Ernst & Young, the Andhra Pradesh government launched the ePragati Core Platform, a new initiative to accelerate the digital transformation journey in the state. 8. The Clothing Manufacturers Association of India (CMAI) has organized, “India’s Largest Apparel Trade Show – The 67th National Garment Fair” from 16th July to 19th July 2018 at Bombay Exhibition Centre, NSE Complex, Goregaon (East), Mumbai, Maharashtra. 9. Chhattisgarh Chief Minister Dr. Raman Singh launched an online portal and mobile app called ‘Aabhaar-Aapki seva ka’ by the online pension management system for the pensioners of the state. 10. The formal launch of ‘Train Captain Seva’ took place from KSR Bengaluru railway station by installing a ‘Train Captain’ on the KSR Bengaluru-New Delhi Karnataka Express 11. 2nd National Tourism Conclave organised in Rajasthan 12. In a bid to build a unique bond with youth of Jammu and Kashmir, Pune-based Film and Television Institute of India (FTII) has joined hands with the Indian Army to provide acting courses to the youth of Baramulla district. 13. Assam Chief Minister Sarbananda Sonowal laid foundation stone for the state’s first cultural university at Majuli to be built at an estimated cost of Rs 300 crore. 14. In Madhya Pradesh, in a first of its kind initiative, the state govt will appoint girls as a district Brand Ambassador who have recorded significant achievements in any field under the Beti Bachao-Beti Padhao scheme. 15. The Odisha government has constituted a ‘Heritage Cabinet’ to preserve the Odia language and the state’s culture. The cabinet comprises eight members and will be headed by Chief Minister Naveen Patnaik. 16. The Archaeological Survey of India has issued an order allowing photography within the premises of all centrally protected monuments or sites, except at Ajanta Caves, Leh Palace and Taj Mahal. 17. UIDAI announced that the estimated savings and gains since the inception of Aadhaar-based Direct Benefit Transfer (DBT) stood at over Rs 90,000 crore as on March 31 this year. 18. Cauvery Water Management Authority (CWMA) held in New Delhi.The meeting of the 9-member Authority was chaired by the CWC(Central Water Commission) Chairman S Masood Hussain, who is also heading the Cauvery Authority. 19. The Delhi government launched ‘Happiness Curriculum’ which includes meditation, moral values and mental exercises for its school students. It was launched by Delhi Chief Minister Arvind Kejriwal in the presence of the Dalai Lama. 20. The Supreme Court has extended deadline for publication of final draft of Assam’s National Register of Citizens (NRC) from earlier Jun 30, 2018 to Jul 31, 2018. 21. New Delhi based the Maulana Azad Institute of Dental Sciences (MAIDS) under the Govt of NCT of Delhi ranked the ‘Best Dental College’ in India for the 7th consecutive year.The MAIDS is the first and only dental hospital in India to be accredited by the National Accreditation of Board for Hospitals and Healthcare Providers (NABH). 22. India’s first dedicated ‘Khadi Mall’ is going to be set up by the Jharkhand govt to boost market for khadi and khadi made products. 23. The Central Reserve Police Force launched ‘Madadgaar Helpline’, a distress helpline for the people of Jammu and Kashmir, with the aim of providing immediate assistance to locals. 24. President Ram Nath Kovind said the Indian economy is set for a surge in the next decade with the Gross Domestic Product (GDP) size doubling to 5 trillion US dollars probably by 2025. 25. The world’s first all-digital art museum has opened at the MORI Building Digital Art Museum in Japan’s Tokyo.

39 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

26. The second capital of Maharashtra, Nagpur has hosted the Monsoon session of the state Legislature after a gap of 47 years. This is the fourth time that the monsoon session of the state Legislature, normally held in Mumbai, will take place in Nagpur. 27. With an aim of eliminating human entry into septic tanks and drains for cleaning, the ministry of housing and urban affairs has launched a ‘technology challenge’ seeking suitable solutions from individuals and NGOs. 28. Human Resource Development Minister Prakash Javadekar inaugurated the 17th World Sanskrit Conference held at Vancouver, Canada. 29. Union Minister Ram Vilas Paswan is on a visit to Geneva to attend the UNCTAD meeting of a third inter- governmental group of experts on consumer protection on July 9-10. This group has been set up under the revised UN Guidelines on Consumer Protection. UNCTAD is the UN body looking after consumer issues and is headquartered in Geneva. 30. Microsoft has signed an MoU with the Rajasthan government to provide free digital training to 9,500 college students in one year. The initiative was taken for the enhancement of digital learning and capacity building of college students in the state. 31. The Union Cabinet approved the transfer of a 5.99 acre Sashastra Seema Bal (SSB) plot in Tawang to the Arunachal Pradesh government for constructing a multipurpose ground. 32. The Haryana Health Department will launch an intensive diarrhoea control campaign from July 15 to 30 under which ORS and zinc packets would be distributed to about 26.5 lakh children below five years of age across the state. 33. West Bengal chief minister Mamata Banerjee set a “one person one car” policy for ministers and bureaucrats and mandated economy class for all domestic air travel in a bid to cut costs incurred by the state government. 34. The Telangana government has allotted 200 acres to three different women entrepreneurs’ associations in the state. 35. Union Minister of State for Culture Mahesh Sharma inaugurated a public art exhibition titled “Arth: Art for Earth” in Delhi, curated by artist Manav Gupta. 36. The anti-doping disciplinary panel of NADA handed a four-year suspension to shot putter Inderjeet Singh for failing a dope test prior to the 2016 Rio Olympic Games. 37. Hockey India announced the 18-member Indian Women’s Hockey Team for the 18th Asian Games 2018, slated to begin in August this year in Jakarta/Palembang. Striker Rani, who guided the Indian Women’s Hockey Team to a victory in the 9th Women’s Asia Cup last year, will lead the squad. 38. emerged champion at the Tbilisi Grand Prix in the 65kg category after outplaying Iranian wrestler Mehran Nasiri in the final in Georgia. 39. The Vasundhara Raje-led BJP government in Rajasthan approved one percent reservation for ‘Gujjars’ and four other backward castes. 40. Punjab Chief Minister Captain Amarinder Singh has ordered a mandatory dope test of all government employees, including police personnel, from the time of their recruitment through every stage of their service. 41. ‘Pandharichi Wari’ is recognised as the the most important pilgrimage of Maharashtra. It is more than 700 years old tradition in which devotees of Lord Vitthala called Varkari trace the route to Pandharpur. 42. World Bank Group member IFC(International Finance Corporation) has invested $100 million in Mahindra & Mahindra Financial Services Ltd. (Mahindra Finance). 43. The apex body of Indian IT industry, NASSCOM (National Association of Software & Services Companies) has opened Centre of Excellence for Data Science and Artificial Intelligence (CoE-DSAI) in Bengaluru, Karnataka. 44. NASSCOM’s Chairperson: Rishad Premji, Headquarters: Noida 45. The Kerala govt constituted Rani George panel comprising eminent writers and language experts to choose an official song for the state. The Cultural Department Secretary, Rani George would be the convenor of the panel. 46. According to a report from organization European Transport Safety Council (ETSC), Norway observes the lowest rate of traffic accidents in the world, leaving behind other European countries. 47. The US State Department’s annual “2018 Trafficking in Persons Report” has designated North Korea as one of the worst human trafficking nations for the 16th consecutive year as it does not fully meet the minimum standards for the elimination of trafficking and is not making significant efforts to do so. 48. Australia’s parliament has passed two new laws aimed at preventing foreign interference in the country. 49. Asia’s first Arbitration Centre specialised in intellectual property is slated to open in Tokyo in September to resolve the growing number of disputes in the region. 50. Facebook has confirmed it is working on a new satellite project, named Athena, that will provide broadband internet connections to rural and underserved areas. The company aims to launch satellite in early 2019. 51. NASA has launched an online toolkit to make it easier for users to find, analyse and utilise the most relevant satellite data for their research, business projects or conservation efforts.



40 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

14. Which city hosted the 8th session of India-Oman Joint Commission Meeting (JCM)? a) New Delhi b) Muscat c) Mumbai d) Jakarta 15. Hima Das has been appointed as the sports ambassador of which state? a) Telangana b) West Bengal c) Tripura d) Assam 16. Which bank has made it compulsory to incorporate purchaser’s name on the face of payment instrumentalities to prevent money laundering? b) IIT Madras a) SBI b) BOI c) IIT Delhi c) RBI d) PNB d) IIT Kharagpur 17. Which state government has abolished 8. The Supreme Court has observed that interviews for all Class-IV jobs? 1. Which country became the 68th signatory women have the fundamental right to a) Uttar Pradesh to the Framework Agreement of the enter which among the following b) Andhra Pradesh ISA? temples? c) Jharkhand a) Myanmar b) Sri Lanka a) Tirupati Balaji d) Jammu and Kashmir c) Bhutan d) Maldives b) Venkateswara Temple 18. The ‘Paudhagiri’ Campaign was 2. The RBI recently announced to launch c) Sabarimala launched in which state recently? new lavender coloured banknotes of d) Guruvayur Temple a) Rajasthan b) Haryana which denomination? 9. The Union Cabinet has approved MoU c) Punjab d) Delhi a) Rs 20 b) Rs 100 between India and which country for 19. Who has been selected for this year’s c) Rs 500 d) Rs 1000 cooperation in the pharmaceutical ‘Sangita Kalanidhi’ award? 3. According to recent UN report, which sector? a) Aruna Sairam country has seen a major reduction in a) Myanmar b) Malaysia b) R Ramadas HIV infections? c) Indonesia d) Sri Lanka c) K Omana Kutty a) Nigeria b) India 10. The Union Cabinet has approved MoU d) Kalyani Ganesan c) Bangladesh d) Libya between India and which nation on 20. Which government authority plans to 4. The UNEP partnered with which cooperation in traditional systems of hear cases using video-conferencing? technological giant for monitoring medicine? a) SC b) CBI impact of human activity on global a) Peru b) Panama c) NGT d) RBI ecosystem? c) Canada d) Cuba 21. ISRO has successfully tested a high a) Microsoft b) Facebook 11. Which broadcasting firm recently thrust version of this engine to improve c) Google d) Instagram launched its first Gujarati language the payload capability of its launch 5. Which committee was constituted by television news bulletin? vehicles. the Union Government to synergise a) Aljazeera b) NBC a) Prakash b) Vikas National Cadet Corps (NCC) and c) Xinhua d) BBC c) Surya d) Akash National Service Scheme (NSS)? 12. Which state government has banned 22. Which country has topped the global a) Anil Swarup Committee angling in forest areas? ranking of nations’ soft power? b) Sunil Mehta Committee a) Jharkhand b) Uttarakhand a) UK b) US c) Sushil Modi Committee c) Odisha d) Andhra Pradesh c) France d) Canada d) Ankur Virmani Committee 13. Which Indian athlete won the gold medal 23. Which city hosted Donald Trump and 6. India’s first greenfield skill training centre in javelin throw at the Sotteville Vladimir Putin’s first-ever one-on-one is going to come up in which state? Athletics meet in France? talks? a) Gujarat b) Odisha a) Neeraj Chopra a) Helsinki b) Manila c) Karnataka d) Uttar Pradesh b) Hima Das c) Singapore d) Sochi 7. Researchers from which IIT branch have c) Anisa Sayyed 24. The schools of which state are fast created mini-organs that mimic hair d) becoming digital with hi-tech growth? classrooms, as a part of its ambitious a) IIT Kanpur ‘Hi-Tech school’ project?

41 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

a) Gujarat b) Kerala a) US b) Japan 46. Which State high court recently ruled c) Telangana d) Karnataka c) China d) Pakistan that marriage does not imply woman’s 25. Which country has become the Regional 36. Which messenger application has consent for sex? Head of Asia Pacific Region in WCO? restricted simultaneous message a) Delhi a) China b) India forwarding to five chats in India? b) Uttarakhand c) Myanmar d) Sri Lanka a) Facebook b) Whatsapp c) Punjab 26. Which country’s national football team c) WeChat d) Hike d) Maharashtra was crowned the 2018 FIFA World 37. Which nation recently held the 4th round 47. President Ram Nath Kovind recently Champions, 20 years after their first of Maritime Affairs Dialogue with approved Anti-Witch Hunting Bill of win? India? which state? a) Croatia b) England a) Malaysia b) Indonesia a) Uttar Pradesh c) France d) Belgium c) Japan d) US b) Assam 27. Who won the Golden Ball Award in the 38. Which state government has sanctioned c) West Bengal 2018 FIFA World Cup? Rs 9 crore under Road Safety Fund? d) Meghalaya a) Luka Modric a) Gujarat 48. Which IIT launched world’s first b) Harry Kane b) Rajasthan remotely operable Local Electrode c) Harry Kane c) Haryana Atom Probe (LEAP) microscope? d) Kylian Mbappe d) Madhya Pradesh a) IIT Madras b) IIT Roorkee 28. Which Union Ministry has constituted 39. Rita Bhaduri, who passed away recently, c) IIT Bombay d) IIT Hyderabad a 10-member committee to review belonged to which field? 49. How many low-orbit satellites will be offences under Companies Act, 2013? a) Sports b) Journalism launched by China to provide a) Ministry of Finance c) Poetry d) Films worldwide communication services? b) Ministry of Corporate Affairs 40. Which state government has set up a a) 200 b) 300 c) Ministry of Home Affairs 24-hour helpline for inter-caste c) 400 d) 500 d) Ministry of Law & Justice couples? 50. Which country recently declared a 60- 29. The LIC board has approved acquisition a) Assam day state of emergency on its border? of up to 51 per cent stake in which b) Madhya Pradesh a) Norway b) Cuba bank? c) Haryana c) Peru d) Ecuador a) BOI b) PNB d) Tamil Nadu 51. ISRO successfully tested the high thrust c) IDBI d) SBI 41. Which country has passed a divisive version of which engine at its 30. Who became the only second teenager Jewish nation-state law? Propulsion Complex (IPRC) in Tamil after the Brazilian football legend -Pele a) Iran b) Yemen Nadu’s Mahendragiri? to score in a World Cup final? c) Israel d) Iraq a) Vikrant b) Vikram a) Kylian Mbappe 42. The Centre has sanctioned Rs 300 cr for c) Vishal d) Vikas b) Harry Kane effective solid waste management in 52. Niti Aayog has proposed 15-point c) Antoine Griezmann which city? action plan named “_____” for d) N’Golo Kante a) Bengaluru b) New Delhi combating air pollution in ten most 31. India has signed a revised travel c) Mumbai d) Chennai polluted cities in India? agreement with which nation? 43. Which state has given priority to deploy (a) Healthy Breathing a) Pakistan b) China transgender security guards in its (b) Breathe India c) Myanmar d) Bangladesh shelter homes? (c) Pure Breathing 32. Which country is going to launch 300 a) Delhi b) Maharashtra (d) Healthy Breathing low-orbit satellites to provide c) Karnataka d) Bihar 53. _____ approved the net neutrality rules worldwide communication services? 44. When was Nelson Mandela International implying internet will remain open to a) US b) China Day observed? everybody in India? c) Russia d) India a) 16 July b) 18 July (a) Ministry of Communications 33. When was World Youth Skills Day c) 19 July d) 15 July (b) Ministry of Information and observed? 45. The Union Cabinet has approved a Broadcasting a) July 14 b) July 16 proposal to grant special remission to (c) Telecom Commission c) July 15 d) July 13 prisoners on the occasion of the 150th (d) Bharat Sanchar Nigam Limited 34. The first summit between Donald birth anniversary of which Indian 54. India has ranked ____ in the Global Trump and Vladimir Putin was held in activist? Innovation Index (GII) developed by which city? a) Mahatma Gandhi Cornell University, the Paris-based a) Manila b) Singapore b) Subhas Chandra Bose business school Insead and the World c) Sochi d) Helsinki c) Mother Teresa Intellectual Property Organisation 35. India would be hosting two-plus-two d) Bhagat Singh (WIPO) in Geneva? dialogue in September with which (a) 61 (b) 68 nation? (c) 69 (d) 57

42 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

55. India has become the _____ shareholder 50 thousand bridges. BMS stands for 70. It was announced that the next Pravasi of the European Bank for ______. Bharatiya Divas will be held in which Reconstruction and Development (a) Building Management System city in January 2019? (EBRD)? (b) Bridge Management System (a) New Delhi (a) 72nd (b) 50th (c) Breaking Management System (b) Bengaluru (c) 101st (d) 69th (d) Business Management System (c) Shillong 56. When was International Malala Day 64. Name the Indian runner who created (d) Varanasi celebrated to commemorate Malala history by becoming the first-ever 71. According to a report by US venture Yousafzai’s birthday? Indian woman to win an athletics gold capital and startup data base CB (a) July 12 (b) July 13 on the international stage in Tampere, Insights, which 2 Indian cities had (c) July 11 (d) July 9 Finland. among the highest number of startup 57. Indian Navy’s _____ long-range (a) Arunima Chinga investment rounds greater than $100 maritime reconnaissance aircraft from (b) Anjali Bhagwat million since 2014? Indian Naval Ship (INS) Rajali has (c) Anisa Sayyed (a) Mumbai, Bengaluru inducted at Hawaii to take part in the (d) Hima Das (b) Bengaluru, New Delhi Rim of Pacific Multinational Naval 65. Which country is hosting the 17th World (c) New Delhi, Mumbai exercise (RIMPAC-18) for the first Sanskrit Conference (WSC-2018)? (d) Mumbai, Hyderabad time? (a) India (b) Brazil 72. Microsoft signed an MoU with which (a) VI8 (b) P8I (c) Australia (d) Canada state government to provide free digital (c) TG9 (d) VI6 66. Venkaiah Naidu became the first training to 9,500 college students for 58. Which Indian naval ship became the Chairman of Rajya Sabha to sign MOU one year? first-ever warship to enter port of with the visiting President of the Senate (a) Tamil Nadu Sabang in Indonesia? of the Republic of Rwanda, _____ on (b) Kerala (a) INS Trikend his visit. (c) Telangana (b) INS Sumitra (a) Bernard Makuza (d) Rajasthan (c) INS Kalvari (b) Edward Razazzi 73. The Department of Telecommunications (d) INS Mantra (c) Nathanial Bennet (DoT) has conditionally approved the 59. Where was the 4th National Conclave (d) Daniel Reccardio merger of Vodafone India with ____, on Mines & Minerals held? 67. The Energy Minister of which state the largest M&A deal in the sector, (a) Indore, Madhya Pradesh government announced that the state which will displace Bharti Airtel from (b) Nagpur, Maharashtra government will launch “one farmer one the No. 1 spot after over 15 years? (c) Pune, Maharashtra transformer” scheme for the farmers (a) Aircel (b) Reliance Jio (d) Bhopal, Maharashtra from August 2018? (c) BSNL (d) Idea Cellular 60. Which state has topped other states in (a) Madhya Pradesh 74. Scientists have discovered the oldest per capita revenue collection under (b) Maharashtra colors in the geological record, 1.1- GST? (c) Kerala billion-year-old _____ pigments (a) Madhya Pradesh (d) Gujarat extracted from rocks deep beneath the (b) Madhya Pradesh 68. Education Minister of which state Sahara desert in Africa? (c) Haryana announced the launch of a scheme for (a) light green (d) Gujarat electrification of schools in the state. (b) deep blue 61. Forbes released its fourth annual list of Under the scheme, state-run schools (c) crimson red America’s Richest Self-Made Women. will be provided electricity at (d) bright pink This list was topped by ______. government rates and the bill amount 75. Hockey India announced that _____ will (a) Diane Hendricks will be directly deposited in their lead the 18-member Indian Men’s (b) Marian Ilitch accounts? Hockey Team at the 18th Asian (c) Kylie Jenner (a) Maharashtra Games, to be held in Jakarta and (d) Judy Faulkner (b) Telangana Palembang? 62. Name the Payments Bank that has (c) Andhra Pradesh (a) R Abhilash received requisite approvals from the (d) Tamil Nadu (b) Sunil Tapas Reserve Bank of India (RBI) to begin 69. Which state government has given (c) Rajath Seth taking new customers. religious minority status to its Jewish (d) P.R. Sreejesh (a) Aditya Birla Nuvo Community? 76. The Gujarat government gave approval (b) Airtel Payments Bank (a) Gujarat for additional _____ to develop (c) India Post Payments Bank (b) Telangana infrastructure for the state’s “Seema (d) Paytm Payments Bank (c) Andhra Pradesh Darshan” or border tourism project at 63. The Railways has launched its first (d) Tamil Nadu Nadabet near Suigam in Banaskantha consolidated BMS, a web-enabled IT district? application to store data on its one lakh (a) Rs 39 crore

43 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(b) Rs 45 crore 84. What is the rank of India in the JLL’s Systems in Education or RISE by 2022. (c) Rs 50 crore Global Real Estate Transparency Index HEFA stands for ______. (d) Rs 25 crore 2018? (a) Higher Education Financing 77. The first-ever metal craft exhibition was (a) 35 (b) 42 Agency held in Chilling village of _____? (c) 39 (d) 28 (b) Higher Employment Financing (a) Ahmedabad, Gujarat 85. The Noted Indian artist who had recently Agency (b) Ranchi, Jharkhand received the National Kalidas Samman (c) Higher Education Funding Agency (c) Surat, Gujarat in Delhi for visual arts from the (d) Higher Employment Funding (d) Leh, Jammu and Kashmir Madhya Pradesh government. Agency 78. Department of Industrial Policy and (a) Jamini Roy 92. Gujarat Chief Minister Vijay Rupani Promotion (DIPP), Ministry of (b) Mukul Dey launched ‘Poshan Abhiyan’, a Commerce and Industry, released the (c) Anjolie Ela Menon statewide mission to eradicate final rankings of States in Ease of Doing (d) malnutrition among children and also Business in New Delhi. Which state 86. The cricketer who slammed 172 runs launched ‘PURNA’ project to eliminate topped the rankings of States in Ease against Zimbabwe to register the malnutrition among girls in the age of Doing Business? highest-ever individual score in T20Is. group of 14 to 18. ‘PURNA’ stands (a) Telangana (a) Chris Gayle for ______. (b) Andhra Pradesh (b) Aaron Finch (a) Prevention of Under Nutrition and (c) Gujarat (c) Jos Buttler Remedy of Nutritional Accidents (d) Maharashtra (d) Sam Billings (b) Prevention of Under Nutrition and 79. India secured what position among the 87. Finance minister announced that Rehabitation of Nutritional world’s largest economy overtaking government has accepted a report Actions France, according to World Bank data submitted by a committee of bankers (c) Prevention of Under Nutrition and on gross domestic product (GDP) of that has recommended a five-pronged Remedy of Nutritional Activities countries for 2017? strategy Project named ______? (d) Prevention of Under Nutrition and (a) fifth (b) sixth (a) SWAVALAMB Reduction of Nutritional Anaemia (c) fourth (d) third (b) SASHAKT 93. The Madhya Pradesh State Government 80. HDFC securities announced launch of (c) PANCHGUN launched an outstanding power bill Mutual Funds transactional (d) PANCHSHEEL waiver scheme and subsidised power capabilities on Facebook Messenger 88. The player who has won the Malaysian scheme called ______for through their virtual assistant, ____? Open Badminton singles title for a labourers and poor families. (a) Amit (b) Arya historic 12th time in Kuala Lumpur? (a) Sabal (b) Jagriti (c) Alsa (d) Asha (a) Kidambi Srikanth (c) Sabal Urja (d) Sambal 81. Which among the following sites of (b) Kento Momota 94. The Prime Minister of Bhutan who has Mumbai has recently been inducted into (c) Tai Tzu Ying arrived recently in New Delhi on the the UNESCO World Heritage Site list? (d) Lee Chong Wei three-day visit to India. (a) Victorian Gothic and Art Deco 89. The state government that has signed an (a) Khuwo Peljor Ensembles of Mumbai MoU with the Regional Integrated (b) Mipham Wangpo (b) The Imperial Tower Multi-Hazard Early Warning System (c) Dasho Tshering Tobgay (c) 1905 Prince’s Triumphal Arch (RIMES) for enhancing early warning (d) Jigme Singye Clock Tower, Mumbai system for effective management of all 95. Union Sports Minister Rajyavardhan (d) Global Vipassana Pagoda kinds of disaster in the state. Singh Rathore announced that the 82. The Indian Navy recently participated (a) Karnataka Sports Authority of India (SAI) has in Passage Exercise (PASSEX) with (b) Odisha been renamed as ______after which of the following countries? (c) Maharashtra the sports body’s governing body (a) Thailand (b) Bangladesh (d) Bihar meeting. (c) Indonesia (d) Singapore 90. Andres Manuel Lopez Obrador has been (a) Khelo India 83. Who among the given has won the elected as the President of which of (b) Sports India women’s 100 m event at the 58th the following country? (c) Khel India National Inter State Senior Athletics (a) Mexico (b) Denmark (d) Khelo Bharat Championship, Guwahati? (c) Sweden (d) Mauritius 96. The Behdienkhlam Festival was (a) 91. The Cabinet Committee on Economic celebrated recently in which of the (b) Manjeet Kaur Affairs has recently approved following Indian state? (c) Tintu Lukka proposal for expanding the scope of (a) Assam (d) Dutee Chand HEFA by enhancing its capital base to (b) Odisha Rs. 10,000 crore and tasking it to (c) Meghalaya mobilise Rs. 1,00,000 crore for (d) Chhattisgarh Revitalizing Infrastructure and

44 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

97. The Khadi and Village Industries (c) Suraj (d) Saras app aimed at citizens to report any Commission (KVIC) launched its, in- 104. Which country won the Champions violation of the model code of conduct house developed, single-umbrella e- Trophy hockey 2018 in Breda, the during elections. Name the app? marketing system named KIMIS in Netherlands? (a) CVIGIL (b) IVIGIL New Delhi. What does ‘M’ stands for (a) India (b) France (c) EVIGIL (d) RVIGIL in KIMIS? (c) Brazil (d) Australia 112. World Bank group member International (a) Minimum (b) Maximum 105. Which state government set up a seven- Finance Corporation (IFC) invested (c) Ministry (d) Management member expert panel to prepare _____ in Mahindra & Mahindra 98. The Reserve Bank of India has recently guidelines for surrogacy centres in the Financial Services Ltd. (M&M)? licensed ______to operate in state? (a) $100 million India. (a) Kerala (b) $50 million (a) Industrial & Commercial Bank of (b) Maharashtra (c) $120 million China Ltd (c) Madhya Pradesh (d) $245 million (b) Standard Chartered (d) Gujarat 113. Tata Power Renewable Energy Ltd. (c) Bank of China 106. Union Minister Nitin Gadkari flagged (TPREL), a subsidiary of Tata Power, (d) Deutsche Bank off ____ ‘s taxi ambulance services in has announced the successful 99. Where was the 5th Regional New Delhi? commissioning of two solar projects Comprehensive Economic Partnership (a) Meru Cab (b) Wagon Cab of 50 MW each in Ananthapuramu (RCEP) Intersessional Ministerial (c) Uber (d) Ola Solar Park, located in which state? Meeting held? 107. “Behdienkhlam”, a 4-day Annual (a) Telangana (b) Andhra Pradesh (a) Tokyo, Japan Cultural Festival was recently held in (c) Kerala (d) Tamil Nadu (b) Beijing, China a small town named Jowai, in which 114. The government increased the minimum (c) Paris, France state? support price (MSP) for paddy by a (d) Dublin, Ireland (a) Meghalaya record Rs 200 per quintal amounting it 100. NABARD has announced that it has (b) Arunachal Pradesh to ____ per quintal? sanctioned ____ in the first quarter of (c) Assam (a) Rs 1,750 (b) Rs 1,650 the current fiscal under the Rural (d) Uttar Pradesh (c) Rs 1,950 (d) Rs 2,100 Infrastructure Development Fund 108. Which state government announced 115. The fisherman of Palghar district, (RIDF) for West Bengal? Mukhyamantri Jan Kalyan (Sambal) Maharashtra, who has been selected for (a) Rs 456.55 crore Yojana 2018 (a scheme to provide 2018 National Maritime Search and (b) Rs 735.53 crore subsidized power)? Rescue Award? (c) Rs 980.56 crore (a) Maharashtra (a) Milan Shankar Tare (d) Rs 788.67 crore (b) Madhya Pradesh (b) Mansoor Khan 101. Indian cricketer _____ and Australian (c) Tamil Nadu (c) Ratan Singh Ricky Ponting have been inducted into (d) Rajasthan (d) Anshul Sharma the ICC Cricket Hall of Fame for their 109. The Union Cabinet chaired by Prime 116. Who was appointed the new Chairman achievements in international cricket, Minister Narendra Modi decided to of the Payments Council of India? at an event in Dublin, Ireland? name the Agartala airport in Tripura (a) Mahat Vishwanath (a) after _____, the erstwhile ruler of (b) Vishwas Patel (b) Rohit Sharma Tripura? (c) Rajyvardhan Singh (c) Rahul Dravid (a) Maharaja Bir Bikram Manikya (d) Sumit Rawat (d) Suresh Raina Kishore 117. The Indian-American White House 102. Fleet Space Technologies, an IoT (b) Maharaja Raghuvir Das lawyer, took charge as Acting Director (Internet of Things) startup, disclosed (c) Sulthan Mujeeb Mohammed of the Drug Enforcement Agency last week that its first 10-kg nano- (d) Maharaja Jaidev Chturvedi (DEA), United States? satellite _____ would fly to space on a 110. Odisha’s ST and SC Development (a) Uttam Dhillon PSLV later this year? Minister Ramesh Chandra Majhi said (b) Mahesh Bhatt (a) Centauri I that, the government has decided to (c) Shankar (b) Galaxy I increase the inter-caste marriage (d) Shiva Reddy (c) Limelight II incentive from Rs 1 lakh to _____? 118. UN Secretary-General Antonio (d) Spot Light II (a) Rs 2 lakh Guterres has appointed a Uruguay 103. Indigenous fighter aircraft ____ of No (b) Rs 3 lakh Army general Major General _____ as 45 Squadron ‘The Flying Daggers’ (c) Rs 2.5 lakh the chief military observer of the UN formally started operations from the (d) Rs 3.5 lakh Military Observer Group in India and Air Force Station at Sulur near 111. The Chief Election Commissioner Shri. Pakistan (UNMOGIP)? Coimbatore, Tamil Nadu, under Group O.P. Rawat, along with the Election (a) Jacob Sebastian Captain S Dhankhar? Commissioners Shri Sunil Arora and (b) Jose Eladio Alcain (a) Vijay (b) Tejas Shri Ashok Lavasa launched a mobile (c) Jerald Alwin

45 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(d) Robert Felcin financial position of the bank leaves blueprint for India’s futuristic digital 119. The IPS officer who assumed charge as no scope for its revival? health system’? Puducherry Director General of Police, (a) Rajasthan Co-operative Bank (a) Ministry of Agriculture becoming the first woman to head the (b) Alwar Urban Co-operative Bank (b) Ministry of Finance force in Puducherry? (c) Kota Urban Co-operative Bank (c) NITI Aayog (a) Sundari Nanda (d) Jodhpur Rural Bank (d) Ministry of Science and (b) Ramya Vasudev 126. United Bank of India said that, it will Technology (c) Krishna Kumari raise up to _____ by issuing equity 133. Where is India-Korea Business Forum (d) Mythily Manickam shares in one or more tranches? Meeting held from 8th to 11th June 120. The Union Cabinet chaired by the Prime (a) Rs 2000 crore 2018? Minister Shri Narendra Modi has (b) Rs 1750 crore (a) New Delhi, India approved the extension of the scheme (c) Rs 1,500 crore (b) Seoul, South Korea of recapitalization of Regional Rural (d) Rs 1,234 crore (c) Kuala Lampur, Malaysia Banks (RRBs) for the next three years 127. Karnataka Chief Minister HD (d) Bengaluru, Malaysia upto ____? Kumaraswamy informed that Infosys 134. The University Grants Commission (a) 2020-21 (b) 2019-20 Foundation would contribute ______(UGC) announced that the HRD (c) 2022-23 (d) 2021-22 to the Bengaluru Metro Rail Ministry granted “Institutions of 121. The chief minister of which state Corporation Ltd for construction of Eminence” status to how many released the policy document of the five Konappana Agrahara Metro Station institutes? year jackfruit mission at Jackfruit and metro railway track? (a) 10 (b) 6 Festival 2018? (a) Rs 1000 crore (c) 3 (d) 5 (a) Kerala (b) Rs 200 crore 135. Global Housing construction (b) West Bengal (c) Rs 500 crore technology challenge has been (c) Tamil Nadu (d) Rs 368 crore proposed to use the opportunity of (d) Meghalaya 128. Who has been appointed a member of large scale construction under PMAY- 122. The _____ administration in Uttar the Broadcasting Content Complaints U to attract the best available global Pradesh launched an android based Council (BCCC)? construction technologies. Also, A smart phone application named ‘Stop (a) Ravi Shastri National Urban Housing Fund for ____ JE/AES’ to combat encephalitis? (b) Mridula Palkar has been set up for raising Extra (a) Muzaffar nagar (c) Uday Kumar Varma Budgetary Resources (EBR) in phases, (b) Ghaziabad (d) Shankar Narayanan for the rapid implementation of PMAY (c) Gorakhpur 129. Which Indian squash player was (U)? (d) Noida appointed Asia’s representative in the (a) Rs 2000 crore 123. The 17th World Sanskrit Conference Athletes Advisory Commission of the (b) Rs 60,000 crore will be inaugurated by Human Resource Federation (c) Rs 10,000 crore Development Minister Prakash (CGF)? (d) Rs 5,000 crore Javadekar at _____ from 9th July to (a) Joshna Chinappa 136. A 2 day International Round Table 13th July, 2018? (b) Aman Mittal Conference is organized by the (a) New York, United States (c) Vasuki Soni Ministry of Statistics & Programme (b) Vancouver, Canada (d) Dipika Pallikal Implementation (MoSPI) in _____? (c) Sydney, Australia 130. Indian Gymnast _____ bagged gold (a) Mumbai (b) New Delhi (d) New Delhi, India medal in FIG Atistic Gymnastics World (c) Chennai (d) Bengaluru 124. Which country launched the new UKRI Challenge Cup at Mersin, Turkey? 137. Which state Government announced Science, Research and Academia scheme (a) Sharmila Rithvik that it is banning the use of plastic and for overseas scientists and researchers, (b) Dipa Karmakar thermocol cutlery in the state? including Indians, to enhance the (c) Pooja Bindra (a) Uttar Pradesh growth of the country’s research (d) Minnu George (b) Tripura sector? 131. Which of the following Indian warship (c) Kerala (a) Russia that reached Sri Lanka on a goodwill (d) Himachal Pradesh (b) Germany visit? 138. L&T Defence announced the (c) United Kingdom (a) INS Trikand inauguration of a new second (d) Ireland (b) INS Vikram production line for BRAHMOS 125. The Reserve Bank of India (RBI) (c) INS Tarini Transport Launch Canister (TLC) at announced that the license of which (d) INS Sathya Ranoli, near ____? bank in Alwar, Rajasthan has been 132. Which entity released the ‘Strategy and (a) Ahmedabad, Gujarat cancelled due to its bad position to pay Approach paper on the NHS (National (b) Gandhinagar, Gujarat its depositors in full and the present Health Stack)’, terming it as ‘the (c) Vadodara, Gujarat (d) Vishakapatnam, Andhra Pradesh

46 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

139. Indian Railways introduced Double Customs Duty, and Income Tax in the 154. Who has been appointed as the new Stack Dwarf Container Services from private sector paying Rs.9844 crore in Managing Director of the State Bank Western Railway’s _____ railway FY18? of India? station on its first commercial run? (a) Tata Consultancy Services (a) Rajnish Kumar (a) Jaipur (b) Rajkot (b) Reliance Industries (b) Arijit Basu (c) Kota (d) Alwar (c) Tata Motors (c) B. Sriram 140. Which author’s ‘The English Patient’ (d) ICICI Bank (d) Anil Kishore won the special one-off Golden Man 147. The bank that has gone past Russia’s 155. The East India Climate Change conclave Booker Prize to mark the 50th Sberbank to become the most valuable 2018 was held in which city? anniversary of the literary award at the bank in the emerging market outside (a) Patna (b) Bhopal Man Booker 50 Festival in London? China. (c) Kolkata (d) Chandigarh (a) V S Naipul (a) HDFC Bank 156. Who among the given made history by (b) Michael Ondaatje (b) Industrial & Commercial Bank of becoming the youngest Indian to clinch (c) Philip Hollman China the chess Grandmaster’ s title? (d) Michelle Freeman (c) ICICI Bank (a) Parimarjan Negi 141. Drug firm Sun Pharmaceutical (d) SBI (b) Aravindh Chithambara Industries said that, Sun Pharma 148. The “world’s emptiest airport” that (c) R Praggnanandhaa Consumer Healthcare has named which would be operated as a Sri Lanka-India (d) Karthikeyan Murali actor as the brand ambassador of health joint venture. 157. Which state government has launched supplement Revital H? (a) Bandaranaike International an urban transport scheme named (a) Airport ‘Sutra Seva’ to initiate economical bus (b) Ranveer Singh (b) Batticaloa Airport service in the state? (c) Ranbir Kapoor (c) Ratmalana Airport (a) Assam (b) Bihar (d) Akshay Kumar (d) Mattala Rajapaksa International (c) Haryana (d) Madhya Pradesh. 142. Which country launched 2 indigenously Airport 158. Who among the given has won the Best built satellites named PRSS-1 and 149. The retired Justice of the Supreme Actor Male award at the International PAK-TES-1A into the orbit from the Court of India who has been appointed Indian Film Academy (IIFA) Awards Jiuquan Satellite Launch Center in as the new Chairperson of the National 2018? China, through a Chinese-made launch Green Tribunal (NGT). (a) Shahrukh Khan vehicle? (a) Justice Adarsh Kumar Goel (b) Ranbir Kapoor (a) Japan (b) Nepal (b) Justice Swatanter Kumar (c) Irfan Khan (c) Bangladesh (d) Pakistan (c) Justice Umesh Dattatraya Salvi (d) Akshay Kumar 143. Facebook Inc. co-founder Mark (d) Justice Jawad Rahim 159. Name the Indian sports star to clinch Zuckerberg has overtaken 150. Prime Minister Narendra Modi the maiden individual Gold medal in ______as the world’s third- inaugurated ‘Dharohar Bhawan’, the women’s recurve event at the stage third richest person, according to the new Headquarters building of the of in Salt Lake Bloomberg Billionaires Index. Archaeological Survey of India (ASI) City of US? (a) Jeff Bezos in which city? (a) (b) Bill Gates (a) New Delhi (b) Mumbai (b) Laxmirani Majhi (c) Carlos Slim (c) Hyderabad (d) Chennai (c) (d) Warren Buffett 151. When was the International Asteroid (d) 144. The female athlete who has become Day celebrated all over the world? 160. Name the winner of the 2018 French the oldest Indian woman to complete (a)June 29 (b)June 30 Grand Prix an Ironman Triathlon. (c)June 28 (d)June 27 (a) Lewis Hamilton (a) 152. Where did the 22nd edition of 3-day (b) Max Verstappen (b) Anju Khosla annual Sindhu Darshan Festival (c) Kimi Raikkonen (c) Anjali Bhagwat celebrated on the bank of Indus River (d) Sebastian Vettel (d) begin? 161. Name the professional tennis player 145. Bajrang Punia emerged champion at the (a)Shimla, Himachal Pradesh to retain the top spot in the Tbilisi Grand Prix in the 65kg category (b)Imphal, Manipur latest Women’s Tennis Association after outplaying Iranian wrestler (c)Ladakh, Jammu and Kashmir (WT(a) singles rankings. Mehran Nasiri in the final. The (d)Ahmedabad, Gujarat (a) Maria Sharapova championship was held in ______. 153. The Swajal scheme for clean water (b) Simona Halep (a) Russia (b) Armenia supply has been launched in how many (c) Caroline Wozniacki (c) Turkey (d) Georgia aspirational districts? (d) Garbine Muguruza 146. Which of the following company has (a) 115 (b) 119 162. Which among the following states has become India’s largest payer of Goods (c) 117 (d) 111 launched a resolution named No Toilet, and Services Tax (GST), Excise and No Bride as a part of the sanitation

47 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

drive as well as ensure safety of women (a) 500 (b) 1000 178. Unified Payments Interface (UPI) will folk? (c) 2000 (d) 3000 get a major upgrade with new features (a) Rajasthan (b) Haryana 171. The government has decided to sharply and a doubling of the transaction limit (c) Gujarat (d) Madhya Pradesh increase the Minimum Support Price to ___ and is awaiting RBI’s approval? 163. Recep Tayyip Erdogan has recently (MSP) for ______,as it responds (a) Rs 2 lakh (b) Rs 1 lakh been re-elected as the President of to concerns about distress in the (c) Rs 3 lakh (d) Rs 4 lakh which country? country’s farm economy despite two 179. HDFC Bank overtook Russia’s ____ (a) Vietnam (b) Malaysia years of strong monsoons. to become the most valuable bank in (c) Iran (d) Turkey (a) Rabi Crops the emerging market outside China? 164. Pakistan is soon to launch a Remote (b) Kharif Crops (a) United National Bank Sensing Satellite (RSS), PakTES-1A to (c) Zaid Crop (b) Russian International Bank study various features of the earth. (d) Cash Crops (c) Sberbank Which country has provided 172. Which Indian cricketer reached the (d) New Assurance Bank the navigation technology for the milestone of playing 500 international 180. Reliance Industries Chairman Mukesh satellite to Pakistan? matches during the second T20 Ambani at the Reliance Industries’ 41st (a) China International against England? Annual General Meeting said that (b) India (a) Mahendra Singh Dhoni Reliance is India’s largest payer of (c) United Kingdom (b) Shikhar Dhawan Goods and Services Tax (GST), Excise (d) Russia (c) Rohit Sharma and Customs Duty, and Income Tax in 165. Recently, PM Modi has approved to (d) R Ashwin the private sector paying ____ in set up a committee for laying 173. Who has been appointed the FY18? the standards for metro rail systems in chairperson of National Green (a) Rs.9844 crore Indi(a) The committee will be headed Tribunal? (b) Rs.7890 crore by______? (a) Justice Sambasiva Rao (c) Rs.5676 crore (a) M. S. Gill (b) Justice Sadasiva Reddy (d) Rs.5977 crore (b) T. N. Seshan (c) Justice Adarsh Kumar Goel 181. Who will lead the Indian women’s (c) G. Madhavan Nair (d) Justice Akhilesh Yadav hockey team at the Asian Games that (d) E Sreedharan 174. The Muthoot Pappachan Group has will be held in Indonesia, Jakarta? 166. What is the name of mobile app that named actress _____ as its brand (a) Rani Rampal External Affairs Minister Sushma ambassador? (b) Namita Toppo Swaraj launched application on the (a) Priyanka Chopra (c) Lilima Minz occasion of ‘Passport Seva Divas? (b) Sonam Kapoor (d) Monika a) M Passport Seva (c) Vidya Balan 182. When did Indian Government celebrate b) I Passport E-Seva (d) Aishwarya Rai the 1st Anniversary of the Goods and c) E Passport Seva 175. What was the theme of International Services Tax (GST) as GST day? d) E Passport E Seva Co-operative Day or International Day (a) July 1 (b) June 30 167. Who has been appointed as chairman of Co-operatives? (c) June 26 (d) July 2 of the Central Board of Indirect Taxes (a) Consumer Protection 183. The Income Tax Department has and Customs (CBI(c)? (b) Sustainable consumption and launched instant Aadhaar-based e-PAN a) E. Sreedharan production of goods and services allotment service for individuals b) S Ramesh (c) Better Production and Useful seeking PAN (Permanent Account c) David Nabarro Consumption Number) service for the first time. d) Lawrence Haddad (d) Growth of co-operative societies How many digits do the PAN contains? 168. Who were named the 2018 World 176. The Central Board of Indirect Taxes (a) 9 (b) 11 Food Prize recipients? and Customs (CBIC) has developed a (c) 10 (d) 12 a) Lawrence Haddad mobile app _____ to protect interest 184. “National Workshop on Skill b) S Ramesh of consumers? Development for Persons with c) David Nabarro (a) GST Verify (b) GST Check Disabilities (Divyangjan)” was d) Both a and (c) (c) GST Collect (d) GST Track inaugurated by Minister for Social 169. Where did the world’s largest 177. Who was sworn in as new Chief Justice Justice and Empowerment _____? multilateral naval exercise Rim of the of the Hyderabad High Court for the (a) Thaawarchand Gehlot Pacific (RIMPA(c) begun? states of Telangana and Andhra Pradesh (b) Anant Geethe a) Indonesia b) Andaman Island in Hyderabad? (c) Jual Oram c) Hawaii d) Lakshadweep (a) Justice Thottathil Bhaskaran Nair (d) Rajnath Singh 170. How many Van Dhan Kendras have Radhakrishnan 185. The “National Policy on Marine been proposed by the Government to (b) Justice Balakrishna Achari Fisheries, 2017” was announced in the be set up under the Van Dhan Scheme (c) Justice Muralidhara Nair inter-session meeting of the of the Ministry of Tribal Affairs? (d) Justice Paneer Selvam consultative committee of the Ministry

48 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 of Agriculture and Farmers’ Welfare on 193. Who won the Austrian Grand Prix in ANSWER KEYS “Marine Fisheries-Mariculture in Austria? India” held in ____? (a) Lewis Hamilton 1. a 2. b 3. b 4. c (a) Chennai, Tamil Nadu (b) Sebastian Vettel 5. a 6. b 7. c 8. c (b) Rameswaram, Tamil Nadu (c) Max Verstappen 9. c 10. d 11. d 12. b (c) Nagpur, Maharashtra (d) Kimi Raikonen 13. a 14. b 15. d 16. c (d) Mumbai, Maharashtra 194. Where was the “National Workshop 17. d 18. b 19. a 20. c 186. The Election Commission of India (ECI) on Skill Development for Persons with 21. b 22. a 23. a 24. b is conducting a two-day “National Disabilities (Divyangjan)” held in? 25. b 26. c 27. a 28. b Consultation on Accessible Elections,” (a) New Delhi (b) Chennai 29. c 30. a 31. d 32. b in ____? (c) Mumbai (d) Kolkata 33. c 34. d 35. a 36. b (a) Mumbai (b) Kolkata 195. Delhi Chief Minister Arvind Kejriwal 37. c 38. c 39. d 40. d (c) Chennai (d) New Delhi launched the “____ Curriculum” for 41. c 42. b 43. d 44. b 187. The government has set up a 13- students of nursery to Class 8 in 45. a 46. a 47. b 48. a member committee to upgrade the government schools? 49. b 50. c 51. d 52. b norms for computation of economic (a) Happiness (b) Creative 53. c 54. d 55. d 56. a data at states and districts level to revise (c) Collaborative (d) Inclusive 57. b 58. b 59. a 60. c the base year for National Accounts or 196. The first meeting of the Cauvery Water 61. a 62. b 63. b 64. d GDP calculation. The committee will Management Authority (CWMA) was 65. d 66. a 67. b 68. a be headed by _____? held at Central Water Commission 69. a 70. d 71. b 72. d (a) Ravindra H Dholakia (CWC) office in Delhi. Who is the 73. d 74. d 75. d 76. a (b) R D Burma Chairman of CWC? 77. d 78. b 79. b 80. b (c) S Mahendra Reddy (a) S Masood Hussain 81. a 82. c 83. d 84. a (d) Prathap Kumar (b) Ravi Kumar 85. c 86. b 87. b 88. d 188. The 9th and final meeting of Eminent (c) Naveenathan 89. b 90. a 91. a 92. d Persons Group (EPG) on India-Nepal (d) Murali Baskar 93. d 94. c 95. b 96. c relations concluded in ____? 197. It was announced that which state will 97. d 98. c 99. a 100. b (a) Kathmandu, Nepal have the first ‘Khadi Mall’ of India? 101. c 102. a 103. b 104. d (b) Guwahati, Assam (a) Himachal Pradesh 105. b 106. b 107. a 108. b (c) Bengaluru, India (b) Madhya Pradesh 109. a 110. c 111. a 112. a (d) New Delhi, India (c) Uttar Pradesh 113. b 114. a 115. a 116. b 189. NSE signed an agreement with ______(d) Jharkhand 117. a 118. b 119. a 120. b for a suitable platform and technology 198. The Chhattisgarh government set up a 121. d 122. a 123. b 124. c backbone to effectively tap post–trade tribal museum in the state’s upcoming 125. b 126. c 127. b 128. c delivery capabilities? new capital ____? 129. d 130. b 131. a 132. c (a) NASSCOM (b) Nasdaq (a) Naya Raipur (b) Bilaspur 133. a 134. b 135. d 136. b (c) BSE (d) Accenture (c) Bhilai (d) Jagdalpur 137. d 138. c 139. b 140. b 190. The Banks Board Bureau (BBB) has 199. An MoU has been signed between the 141. d 142. d 143. d 144. b recommended 15 executive directors to Madhya Pradesh government and 145. d 146. b 147. a 148. d be elevated as managing directors (MD) National Health Agency for 149. a 150. a 151. b 152. c at various public sector banks. The implementation of the Ayushman 153. a 154. b 155. a 156. c panel was headed by ____? Bharat Yojana under the Pradhan 157. d 158. c 159. c 160. a (a) Rahim Shah Mantri Rashtriya Swasthya Suraksha 161. b 162. b 163. d 164. a (b) B P Sharma Mission in the state from August 15, 165. d 166. a 167. b 168. d (c) M V Muthiah 2018. An annual Health Security Cover 169. c 170. d 171. b 172. a (d) Ravi Selvam of ____ will be provided to each family 173. c 174. c 175. b 176. a 191. State Bank of India (SBI) named _____ under the scheme? 177. a 178. a 179. c 180. a as Managing Director of the bank? (a) Rs 5 lakh (b) Rs 3 lakh 181. a 182. a 183. c 184. a (a) Arijit Basu (c) Rs 2 lakh (d) Rs 4 lakh 185. b 186. d 187. a 188. a (b) Ramjit Patel 200. The Centre announced a state-of-the- 189. b 190. b 191. a 192. a (c) Priyank Sharma art e-waste recycling unit for which 193. c 194. a 195. a 196. a (d) Sanjay Goel city. This will be India’s first such unit 197. d 198. a 199. a 200. c 192. Delhi & District Cricket Association in the government sector? (DDCA) named _____ as its president? (a) Mumbai (b) New Delhi (a) Rajat Sharma (c) Bengaluru (d) Hyderabad (b) Sumit Rawat  (c) Amit Bharghav (d) Aman Mittal

49 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(c) Bal Gangadhar Tilak (d) Chandra Sekhar Azad 11. Who among the following Gupta rulers was a poet and a musician and was adorned with the title of Kaviraja or King of poets ? (a) None of these (b) Samudra gupta (c) Chandragupta I (d) Skandagupta 12. Which one amongst the following is the oldest Dynasty? (a) Pallava Dynasty (b) Chola Dynasty (c) Maurya Dynasty (d) Gupta Dynasty 13. Which of the following is the oldest 1. Traces of rice cultivation have been found (a) Raja Jai Singh monument? at which of the following Harappan (b) Raja Jaswant Singh (a) Qutab Minar sites? (c) Afzal Khan (b) Ajanta Caves (a) Lothal and Rangpur (d) Shaista Khan (c) Taj Mahal (b) Kalibangan and Ropar 6. Which one of the following was the first (d) Khajuraho (c) Alamgirpur and Harappa fort constructed by the British in India? 14. Who was the Akbar’s famous revenue (d) All Harappan sites (a) Fort William minister? 2. Who among the following was nominated (b) Forth St. George (a) Humayun by Mahatma Gandhi for the (c) Fort St. Devid (b) Tansen Presidentship of the congress in 1939 (d) Fort St. Angelo (c) Todarmal against Subhash Chandra Bose? 7. Mahatma Gandhi’s Hind Swaraj is (d) Rana Pratap Singh (a) Jawaharlal Nehru essentially :- 15. ‘Biwi ka Maqbara’ is the ‘tomb of the (b) Pattabhi Sitaramayya (a) A critique of western modernity lady’ was built by: (c) Govind Ballabh Pant (b) An outline of his philosophy of (a) Aurangzeb (d) Sardar VallabhBhai Patel Satyagraha (b) Humayun 3. In which of the sessions, Home Rule (c) An invocation to Indians to free (c) Mumtaz Leaguers were able at demonstrate their themselves from the British (d) Nurjahan political strength? (d) A blueprint of gram swaraj 16. The British rulers introduced a new sys- (a) The Lucknow Session of 8. Who amongst the following is associated tem of education in India chiefly be- Congress in 1916 with the Local Self-Government Act? cause they wanted to:- (b) The joint session of the ATTUC (a) Cornwallis (a) Provide a class of office workers and NFTL in Nagpur in 1938 (b) William Bentinck for company (c) The All India Trade Union (c) Dalhousie (b) Create an awareness of scientific Congress held in Bombay in 1920 (d) Ripon and technical developments (d) The first A.U.P. Kisan Sabha in 9. A well-known patron of the Mahayana (c) Promote the work of Christian 1918 form of Buddhism was :- missionaries 4. The name Dharmasoka was found in (a) Kanishka (d) Generate the capacity for self- the:- (b) Ashoka government (a) Maski Edict (c) Ajata shatru 17. The purpose of the Whitley Commis- (b) Junagarh Inscription (d) Bimbisar sion was :- (c) Sarnath Inscription 10. Who declared Every blow that is hurled (a) To look upon the interests of the (d) Allahabad Pillar inscription on my back will be a nail in the coffin of white people in India 5. The treaty of Purandhar was signed in the British Empire? (b) To report on the relations of 1665 between Shivaji and :- (a) Lala Lajpat Rai Employees (b) Bhagat Singh

50 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(c) To enable political parties in India office except on recommendations member speak. This is known as? to reach a consensus on the by the Chief Election (a) Crossing the floor constitutional question Commissioner (b) Rotating the floor (d) None of these (b) In case of difference of opinion (c) Obeying the rule 18. Who among the following not associated amongst the Chief Election (d) Yielding the floor with Brahmo Samaj? Commissioners, the matter is 27. A bill which contains only provisions (a) Keshab Chandra Sen decided by the Law Commission dealing with the imposition, repeal, re- (b) Devendranath Tagore (c) The Chief Election Commissioner mission, alteration or regulation of taxes (c) Sibnath Shastri and other Election is called ? (d) Rajnarayan Basu Commissioners enjoy equal (a) Locus Standi 19. The notion of Saptanga that was intro- powers (b) Money Bill duced in Arthashastra includes (d) The term of office of an Election (c) Motion (a) Kings, territory, administration Commissioner is six years from (d) Ordinance and treasury the date he assumes office or till 28. The difference between an Additional (b) Music,dance, ragas and wrestling the day he attains the age of 65 Judge and an Acting Judge of a High (c) Ministers, civil servants, years, whichever is earlier Court is :- subalterns and those involved in 23. Which of the following is incorrect re- (a) There is practically no difference Espionage garding Supreme Court? (b) The former is appointed in a (d) Aristocrats, acharyas, traders and (a) It has the power to punish by fine causal vacancy whereas the latter monks and imprisonment any person is appointed to cope with the 20. Of the following foreign travellers who guilty of contempt of its workload visited India during the medieval period authority. (c) The former is appointed to cope which pair is not correctly matched to (b) It is a court of record and has all with the workload whereas the his year of arrival? the power of such court including latter is appointed in a casual (a) Ibn Battutah-1333-34 the power to punish for vacancy (b) Nicolo de Conti-1420 contempt of itself (d) The former is appointed by the (c) Abdur Razzak-1443 (c) It records are admitted in evidence President whereas the latter is (d) Domingo Paes - 1542 and cannot be questioned when appointed by the Chief Justice of 21. What was Jajmani system of the Mughal produced in any court o f the concerned High Court period? law. 29. Graduates constitute a separate constitu- (a) A revenue system in which (d) It is bound by its earlier decisions ency for the election of specified num- revenues of different units of land and cannot depart from its ber of members to the: were assigned to officials in lieu previous decisions (a) Nyaya Panchayat of salaries. 24. The state election commission can be re- (b) State Legislative Council (b) An administrative system in which moved from office: (c) Rajya Sabha ranks in terms of numbers were (a) Only by the governor (d) State Legislative Assembly assigned to nobles, military (b) In the same manner and on the 30. The abolition of untouchability is a : commanders and other prominent same grounds as a judge of the (a) Directive principle of the state people for placing them in the supreme court policy official hierarchy. (c) Only by the president on the (b) Social right (c) A reciprocal system that existed advice of the chief justice of the (c) Fundamental right in rural India between the concerned state (d) Ordinary legal right peasantry and other occupational (d) In the same manner as the vice 31. What is the subject of the 91st Constitu- groups. president of India tion (Amendment) Act, 2003? (d) A commercial system that 25. Which article deals president to consult (a) Right to information developed in urban India for supreme court is: (b) Limiting the size of council of facilitating commercial (a) Article 148 ministers transactions on a large scale. (b) Article 149 (c) Right to education 22. Which one of the following statements is (c) Article 143 (d) Elimination corruption at all levels not correct? (d) Article 153 32. The Indian constitution describes India (a) The Election Commissioner 26. The speaker can ask a member of the as: cannot be removed from their house to stop speaking and let another (a) A union of states

51 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(b) A federation (b) All heavenly bodies like sun, 48. “Reissner’s membrane” present in :- (c) A voluntary federation moon, planets appear to move (a) Semicircular canal (d) A confederation from East to West (b) Cochlea 33. Which of the following types of rainfall (c) Winds change their directions (c) Ventricle occurs at places having continental type (d) Poles have days and nights of 6 (d) None of these of climate? months duration 49. Busiest organ of the body is :- (a) Convectional 41. What is the Richter scale? (a) Kidney (b) Heart (b) Cyclonic (a) A device that measure the number (c) Liver (d) Brain (c) Relief of earthquakes 50. Otalgia is related to :- (d) Rainfall does not occur at these (b) A device that measures that (a) Eye pain (b) Ear pain places intensity of a earthquakes (c) Bone pain (d) Chest pain 34. Imaginary annual path of sun across the (c) A device that measures the name 51. The part of brain which controls emo- sky is :- of a volcano tions reactions in our body is: (a) Circular (b) Ecliptic (d) None (a) Cerebrum (b) Meninges (c) Spiral (d) Elliptical 42. Precipitation takes place when (c) Thalamus (d) Hypothalamus 35. Which one of the following statements (a) The sky is overcast with clouds 52. Which of the following structures of a correctly defines the term ‘Karroo’ of (b) Temperature of moisture in air plant is responsible for transpiration? southern Africa? suddenly increases (a) Xylem (b) Root (a) Rift Valley formed due to faulting (c) Temperature of moisture in air (c) Stomata (d) Bark (b) Dome shaped landforms caused suddenly decreases 53. How many bones are found in the human by earth’s movements (d) Winds begin to blow in a circular skull? (c) Steppes from the coastal lowland motion (a) 8 (b) 30 on to the high plateau 43. The most important factor in thunder- (c) 32 (d) 34 (d) None of these storms development is :- 54. Which one of the following is called the 36. The largest volcano crater in the world (a) Atmospheric stability amphibian in plant kingdom? is:- (b) Atmospheric instability (a) Algae (b) Fungi (a) Vesuvius (Italy) (c) Abundance of moisture (c) Bryophyta(d) Pteriodphyta (b) Manua Loa (Hawai) (d) Temperature inversion 55. AIDS is caused by Human Immunodefi- (c) Etna (Sicily) 44. The watershed between India & ciency Virus (HIV), which is: (d) Stromboli (Sicily) Myanmar is formed by? (a) Retro virus 37. Neil Armstrong set the foot on July (a) The Naga hills (b) Lente virus 21,1969 on moon. The landing spot is (b) The Garo hills (c) Arbo virus called :- (c) Khasi hills (d) Immune virus (a) Land of tranquillity (d) The Jaintia hills 56. A Theodolite measures: (b) Sea of tranquillity 45. Excretory organ of crab is :- (a) Sound waves (c) Place of tranquillity (a) Malpighian Turtrules (b) Horizontal and Vertical angles (d) Spot of tranquillity (b) Green Gland (c) Water waves 38. Which river forms the famous Marble (c) Body Surface (d) Viscosity of liquids Falls? (d) Kidney 57. Two bodies of the same mass are thrown (a) Narmada (b) Tapi 46. The contraction of Gall bladder is due with equal speed from the top of a tower (c) Sharavati (d) Cauvery to:- simultaneously. One body is thrown 39. Which of the following types of soils (a) Gastrin vertically downwards. The other is have a marked capacity to retain water? (b) Secretin thrown horizontally. (a) Desert soil (c) Cholecystokinin (a) Both reaches ground (b) Laterite soil (d) Entergoastrone simultaneously (c) Red soil 47. “Phaco – emulsification technique” is (b) Both reaches ground with same (d) Regur soil related to :- Kinetic energy 40. Which of the following is not an effect (a) Heart surgery (c) Reaches ground with greater produced by rotation of earth? (b) Kidney surgery kinetic energy (a) It causes days and nights (c) Cataract surgery (d) Reaches ground with greater (d) None of these kinetic energy

52 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

58. The sound produced by a bat is: 67. Food is cooked faster in a pressure cooker (b) Mechanical energy into electrical (a) audible (b) subsonic because :- energy (c) infrasonic (d) ultrasonic (a) High pressure increases the boiling (c) Magnetic energy into electrical 59. Who is the newly elected Chairman of point of water energy Boao Forum for Asia (BFA)? (b) Heat cannot escape from the (d) Chemical energy into electrical (a) Yasuo Fukuda cooker energy (b) Li Baodong (c) Steam is hotter than boiling water 76. Which state police launches YUVA a skill (c) Ban Ki-moon (d) Water starts boiling at a lower development programme in Aug 2017? (d) Zhou Xiaochuan temperature (a) Delhi (b) Goa 60. Which one of the following gases is found 68. Which among the following types of coal (c) Bihar (d) Madhya Pradesh in highest quantity in Exosphere? produces most heat per unit? 77. Which award did the Ministry of Petro- (a) Hydrogen (b) Helium (a) Coal (b) Lignite leum & Natural Gas referred to ? (c) Nitrogen (d) Oxygen (c) Anthracite (d) Pit (a) 61. Bleaching powder is added in water used 69. Which among the following is the funda- (b) Swachh Bharat Inter-ministerial for drinking purpose. The role of bleach- mental quantity? award ing powder in this case is:- (a) Volume (b) Time (c) Param Vir Chakra (a) Of disinfectant (c) Velocity (d) Force (d) Dhyan Chand award (b) Of bleaching agent 70. What is colour of light related to? 78. Who is to be honoured with Hridaynath (c) To remove impurity (a) Amplitude (b) Frequency Mangeshkar award 2017 ? (d) To decrease the pH (c) Quality (d) Velocity (a) 62. Which one of the following pairs of 71. The shape of our Milky way galaxy is (b) Silip Mehta physical quantities has the same dimen- (a) Circular (b) Elliptical (c) Nareen Khan sions? (c) Spiral (d) None of the above (d) Sonu Nigam (a) Surface tension and tension 72. When a bottle of scent is kept open in a 79. Which state Government reduced inter- (b) Latent heat and specific heat corner of a room its odour is felt in all est on loan under Saksham Yojana? (c) Momentum and impulse parts of the room. This is due to the (a) Kerala (d) Acceleration due to gravity and phenomenon of: (b) Tamil Nadu gravitational constant (a) Evaporation (c) Chhattisgarh 63. When the heavier component in a Mix- (b) Vaporization (d) Goa ture settles after leaving it undisturbed (c) Diffusion 80. Which state Chief Minister launches the process is called :- (d) Sublimation “Bhavantar Bhugtan Yojana”? (a) Sedimentation 73. Why are we able to hear shortwave broad- (a) Madhya Pradesh (b) Decantation casts well than long wave broadcasts? (b) Kerala (c) Filtration (a) Short waves are more energetic (c) Tamil Nadu (d) Evaporation than long waves. (d) Goa 64. The soft silvery metallic element which (b) Short waves are unaffected by 81. Who is awarded with Nanniyode Rajan ionizes easily when heated or exposed atmospheric disturbances. award? to light and is present in atomic clock (c) Short wave broadcasts are made (a) Shri E. Sreedharan is:- by nearly radio stations. (b) Shri Narayan Swamy (a) Calcium (b) Cerium (d) By convention, short waves are (c) Shri Vijay Sekhar (c) Caesium (d) Californium meant for long distances, whereas (d) Shri Kapil Thakoor 65. Poison used for killing rats is :- long waves are reserves for short 82. Which award is conferred to the Yeshe (a) Calcium phosphide distances. Dorjee Thongchi recently? (b) Zinc Phosphide 74. Which of the following are two main con- (a) Sahitya Akademi Award (c) Magnesium nitride stituents of granite? (b) Pampa award (d) Magnesium Phosphide (a) Iron and Silica (c) Award 66. A device used to measure heights above (b) Iron and Silver (d) Pulitzer Prize sea level is known as:- (c) Silica and Aluminium 83. Who of the following was the author of (a) Anemometer (d) Iron oxide and potassium the chapter on ‘objectives of planned (b) Dilatometer 75. Dynamo is a device converting :- development’ for the Third five year (c) Altimeter (a) Heat energy into electrical energy plan? (d) Protentiometer (a) Moraji desai

53 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(b) C.D. Deshmukh 89. A series of instruction that tells a 97. The Centre for Cellular and Molecular (c) Jawaharlal Nehru computer what to do and how to do it Biology is situated at (d) Lal Bahadur Shastri called a ______. (a) New Delhi (b) Hyderabad 84. A ‘closed economy’ is an economy in (a) Program (c) Patna (d) Jaipur which : (b) Command 98. ‘Rosh Hashanah’ is the new year’s day (a) The money supply is fully (c) User response of which of the following communities? controlled (d) Processor (a) Zoroastrian (b) Deficit financing takes place 90. What is an embedded system? (b) Jews (c) Only exports take place (a) A program that comes wrapped (c) Muslims (d) Neither exports nor imports take in a box (d) Shinto place (b) A program that is permanently 99. Who has taken charge as the new Foreign 85. The national income of India is estimated part of computer Secretary of India? mainly through :- (c) A computer that is part of a larger (a) Baldev Singh Dhillon (a) Production method alone computer (b) Manjit Singh Kang (b) Expenditure method alone (d) A computer and software system (c) K P S Sharma (c) Production and expenditure that controls a machine or (d) Vijay Keshav Gokhale methods appliance 100. Who has taken charge as the new secre- (d) Production and income methods 91. When the pointer is positioned on tary of the Press Council of India (PCI)? 86. ‘Balanced Growth’ means :- a ____ it is shaped like a hand. (a) Vibha Bhargava (a) Growth which brings about a (a) Grammar error (b) Jagdish Mukhi balance between the rich and the (b) Formatting error (c) Anupama Bhatnagar poor (c) Screen tip (d) K S Saraswat (b) Growth which brings about a (d) Hyperlink balance between the public and 92. A ______is the term used when a  private sectors search engine returns a web page that (c) Growth which brings about a matches the search criteria. balance between the traditional (a) Blog (b) Hit ANSWER KEYS and modern sector (c) Link (d) Success 1. a 2. b 3. a 4. c (d) Growth pattern on which 93. Expansion cards are inserted into 5. a 6. b 7. a 8. d simultaneous investments, viz., ______9. a 10. a 11. b 12. c Agriculture, Industry, Transport, (a) Slots 13. b 14. c 15. a 16. a Communication, etc. (b) Peripheral devices 17. b 18. d 19. a 20. d 21. c 22. b 23. d 24. b 87. What is ‘Recession’? (c) The CPU 25. c 26. d 27. b 28. c (a) Rise in the cost of production, (d) The back of the computer 29. b 30. c 31. b 32. a especially because of wage 94. Who invented ‘Vaccination’? 33. a 34. b 35. c 36. b increase (a) James Simpson 37. b 38. a 39. d 40. d (b) Increase in money supply without (b) Edward Jenner 41. b 42. c 43. b 44. a a matching increase in production (c) Alexander Fleming 45. b 46. c 47. c 48. b (c) Reduction in production and (d) S.A. Wakesman 49. c 50. b 51. d 52. c employment for want of sufficient 95. Which of the following books is written 53. a 54. c 55. a 56. b demand for goods by Aung San Suu Kyi? 57. b 58. d 59. c 60. a (d) None of these (a) The Power and the Glory 61. a 62. c 63. a 64. c 65. b 66. c 67. a 68. c 88. Programs designed specifically to address (b) My Childhood Days 69. b 70. a 71. c 72. c general-purpose applications and spe- (c) Against the Grain 73. a 74. c 75. b 76. a cial-purpose applications are (d) Freedom from Fear 77. b 78. a 79. c 80. a called______. 96. First Odia Mountaineer who reached 81. a 82. c 83. a 84. d (a) Operating system world’s highest peak the Mount 85. d 86. d 87. c 88. c (b) System software Everest? 89. a 90. d 91. d 92. c (c) Application software (a) Minati Mohapatra 93. a 94. b 95. d 96. c (d) Management information system (b) Saroj Jena 97. b 98. b 99. d 100. c (c) Kalpana Dash (d) Chetana Sahu

54 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

primary purpose is to recover data after its loss (due to deletion or COMPUTER corruption). a) Reverse data b) Extraction of Data c) Bank of Data MCQs d) Version change e) All of the above 13. An email attachment is a computer file, documents and images sent along with an ______a) email message b) email extension a) Conception c) Inbox 1. Six aspects of e-mail system in the right b) Initiation d) Insert file order are c) Analysis e) All of the above a) Composition, transfer, d) Design 14. TSO stands for conversion, reporting, formatting e) Construction a) Time sharing operation disposition 6. ______menu provides an option to b) Time sharing option b) Composition, conversion, check spellings c) Time support option reporting, transfer, formatting, a) View b) Edit d) Time synchronous option disposition c) Format d) Tools e) None of these c) Composition, transfer, reporting, e) Review 15. Which of the following is known as conversion, formatting, 7. ‘VSAT’ means —— network of Networks? disposition a) Very Small aperature terminal a) LAN b) WAN d) Composition, formatting, transfer, b) Vast satellite access terminal c) MAN d) Internet conversion, reporting, disposition c) Various satellite application e) None of these e) Composition, transfer, terminal. 16. What refers to how system can quickly conversion, reporting, d) Very satellite aperature terminal transform to support environmental disposition, formatting e) None of these changes? 2. COMMIT, ROLLBACK statements 8. Special software to create a job sequence/ a) Reliability are part of queue is called a b) Scalability a) TCL b) DCL a) Spooler b) Drive c) Availability c) DDL d) DML c) Compiler d) Interpreter d) Maintainability e) DQL e) Linkage driver e) None of these 3. State what is true about XML: 9. IEEE 802.16 Standard represents 17. Booting up of PC depends on factors a) XML is a mark up language a) WLAN b) Ethernet like ______so that files function b) XML is not a W3C c) Bluetooth d) Token ring without errors. Recommendation e) Wimax a) the hardware c) XML does not do anything 10. ______Command is used to clear b) BIOS d) XML stands for Extra Mark up the Screen. c) Operating system Language a) Clear b) Cl Screen d) All of the above e) XML tags are predefined c) cls d) Clear Screen e) None of these 4. ______be used to insert a page e) None of these 18. Which amongst the following is /are break in word at the current position 11. PIN stands for______pointing devices? a) Enter a) Password Indentification Number a) Mouse b) Trackball b) Shift + Enter b) Public Indentification Number c) Joystick d) Stylus c) CTRL + Break c) Private Indentification Number e) All of the above d) CTRL + Enter d) Public Indentification Number 19. What feature adjusts the top and bottom e) CTRL + B e) None of these margins so that the text is centred 5. System proposal is prepared in 12. ______Refers to the copying and vertically on the printed page? ______phase of SDLC archiving of computer data, where a) Vertical justifying

55 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

b) Vertical adjusting c) Decisive measure c) In the CP c) Dual centring d) All of the above d) in RAM d) Horizontal centring e) None of these e) None of these e) Vertical centring 28. A ______is approximately a 37. The ability to easily add additional users 20. What is the overall term for creating, thousand bytes. means that a network is edition, formatting, storing, retrieving, a) gigabyte b) kilobyte a) Scalable b) Dedicate and printing text document? c) megabyte d) terabyte c) Decent d) Secure a) Word processing e) None of these e) None of these b) Spreadsheet design 29. ______is the process of getting 38. What kind of Scheme is the HTTP c) Web design access to the computer. Protocol? d) database management a) Sign in b) Log in a) get/ put e) Presentation generation c) Log off d) enter b) Store/ forward 21. The 16 bit micro processor means that e) None of these c) Queuing it has 30. The storage area present in the email d) Search/ return a) 16 address lines account is often called as e) request/ response b) 16 buses a) Hyper link 39. A proxy server is used for which of the c) 16 data lines b) Attachment following ? d) 16 routes c) Mail box a) To provide security against e) None of these d) IP address unauthorised user 22. Which type at memory is in pen drive? e) spam b) To process client requests for a) Cache memory 31. The extension name of a flash file is web pages b) Flash Memory a) • pdf b) • swf c) To process client requests for c) EEPROM c) • pmd d)• prd database access. d) RAM e) None of these d) All of these e) None of these 32. Disk checking is associated with e) None of these 23. Which of the following is an example of a) Debugging a program 40. Linux is an ______operating system. toggle keys? b) running a program a) Open source a) Scroll lock c) Compiling a program b) Microsoft b) Del key d) coding a program c) Windows c) Page up keys e) assembling a program. d) Mac d) A to Z 33. To select an entire row in the excel sheet, e) None of these e) None of these the short cut- key that is used is 24. The______manual tells you how to a) Ctrl + space use a soft ware program. b) Ctrl + arrow key  a) documentation c) ctrl + tab b)Programming d) Shift + arrow key c) Technical e) Shift + space ANSWER KEYS d)User 34. How many layers are there in a TCP/ IP 1. c 2. a 3. c 4. d e) None of these model? 25. You must install a ______on a network. a) Four b) Five 5. b 6. d 7. a 8. a If you want to share an internet c) Six d) Seven 9. e 10. c 11. e 12. c connection. e) Three 13. a 14. b 15. d 16. d a) router b) Modem 35. Fire walls are used to protect against 17. d 18. c 19. a 20. c c) node d) Cable a)Unauthorised attacks e) None of these b) Virus attacks 21. c 22. b 23. a 24. d 26. To print an individual item in a file c) Data driven attacks 25. b 26. b 27. a 28. b immediately click d) Fire attacks 29. b 30. c 31. b 32. a a) Shift + P b) Ctrl + P e) None of these c) Alt + P d) ESC+ P 36. If a user needs information instantly 33. e 34. a 35. a 36. d e) None of these available to the CPU, is should be 37. a 38. e 39. a 40. a 27. Taking backup of a file against crash is a stored. a) Preventive measure a) in the CD b) Curative measure b) in Secondary storage

56 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 20 BANKING AWARENESS MCQs

1. A derivative is a contract/agreement 7. Which one of the following is an item of 15. Who is the final authority for deciding between two or more parties, whose value current account of the balance of the design, form and material of bank depends on or associated with one or payments? notes? more underlying assets. Which of the (a) Foreign Direct Investment (a) Indian Banks Association following can be an underlying asset? (b) Foreign Institutional Investor (b) Reserve Bank of India (a) Shares and bonds (c) External Commercial Borrowings (c) Central Government (b) Commodities (d) Foreign Grants (d) Note Issuing Authority of India (c) Currencies 8. Mobile Money Identifier (MMID) is a 16. Many banks are presently recruiting large (d) All of these ______digit number of a bank customer, numbers of business correspondents in 2. What is the advantage and benefit of issued by banks for effecting financial terms of RBI instructions for financial Core Banking Solutions in banking transactions through the user’s mobile inclusion. Which of the following is not sector? phone. eligible to be appointed as business (a) To make enquiries about the (a) 11 (b) 10 correspondent? balance, debit or credit entries in (c) 9 (d) 7 (a) Ex-Servicemen the account 9. NFS is the largest network of shared (b) Kirana Stores (b) To obtain cash payment out of his Automated Teller Machines (ATMs) in (c) Retired Teachers account by tendering a cheque India and is run by which of the following (d) Bank Staff Member (c) To deposit a cheque for credit into organization? 17. Reserve Bank issued guidelines based on account (a) NPCI (b) NSE the Basel III reforms on capital (d) All of the above (c) NSDL (d) SHCIL regulation on May 2, 2012, to the extent 3. ATMs set up, owned and operated by 10. In what ratio do the Government of India, applicable to banks operating in India. non-banks are called White Label ATMs. the concerned State Government and the Basel III recommendations shall be Non-bank ATM operators are authorized Sponsor bank respectively contribute to completely implemented in India by under ______by Reserve the share capital of the Regional Rural (a) December 31, 2018 Bank of India. Banks? (b) March 31, 2020 (a) Payment & Settlement Systems (a) 35%, 15%, 50% (c) December 31, 2019 Act, 2007 (b) 50%, 15%, 35% (d) March 31, 2019 (b) Banking Regulation Act, 1949 (c) 45%, 15%, 40% 18. Export-Import Bank of India is the (c) Negotiable Instruments Act, 1881 (d) 40%, 15%, 45% premier export finance institution in (d) Companies Act, 2013 11. The new Rs 10 banknote that carries a India, established in 1982 under Export- 4. When a bank finds it difficult to repay motif of the Konark Sun Temple has Import Bank of India Act, 1981. The the short term deposits on maturity to dimensions of ______. Headquarters of EXIM Bank in ____. the depositors because it’s funds are (a) 63 mm × 135 mm (a) Hyderabad (b) Kolkata sealed in long term loans or investment, (b) 63 mm x 123 mm (c) Mumbai (d) New Delhi then the risk arising from such a scenario (c) 63 mm × 133 mm 19. After how many years the deposit made is termed as? (d) 63 mm × 125 mm under Pradhan Mantri Garib Kalyan (a) Operational Risk 12. The PCA framework is applicable only to Yojana (PMGKY) be prematurely (b) Market Risk ______. redeemed? (c) Liquidity Risk (a) Non-Banking Financial Companies (a) 1 Year (d) Interest Rate Risk (b) Financial Management Institutions (b) 2 Year 5. Which of the following is not a part of (c) Commercial banks (c) 3 Year revenue receipts of the government? (d) Co-operative Banks (d) Premature redemption not allowed (a) Income earned from interest on 13. If the shares or convertible debentures 20. An Asset Reconstruction Company (ARC) loans given by the government are not issued within ______days from in India is associated with ______. (b) Revenue collected from the date of receipt of the inward (a) UCPDC (b) DICGC disinvestment of PSUs remittance or date of debit to NRE/ (c) NPA (d) Home Loan (c) Fees and fines collected by the FCNR/Escrow account, the amount shall government like license fee, be refunded.  passport fee etc. (a) 210 days (b) 150 days (d) Profit from PSUs (c) 180 days (d) 120 days 6. Which of the following Organization 14. When the growth of GDP in a country ANSWER KEYS publishes the list of Global Systemically slows down suddenly, people start losing Important banks (G-SIBs)? their jobs and the situation continues for 1. d 2. d 3. a 4. c (a) International Monetary Fund several weeks, what name is given to 5. b 6. c 7. d 8. d (b) World Bank this state of economy? 9. a 10. b 11. b 12. c (c) Basel Committee (a) Inflation (b) Recession (d) World Economic Forum (c) Deflation (d) Economic boom 13. c 14. b 15. c 16. d 17. d 18. c 19. d 20. c

57 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

REASONING ABILITY a) January b) February a) K15 b) X3 c) March d) April c) A26 d) B3 Direction (1-5): Read the following e) None of these e) None of these information carefully and answer the 3. How many people born between the 10. What is the code for the word “Growth”? questions given below. person who likes Vespa and T? a) S19 b) S18 Eight people P, Q, R, S, T, U, V and W are a) One b) Two c) T20 d) N14 born in different months viz,. January, c) Three d) More than Three e) None of these February, March, April, May, June, July e) None and August in the same year. They all have 4. Name the person who has TVS bike? Directions (11–15): Study the following information carefully and answer the different bikes namely Hero, Yamaha, a) P b) V questions given below. Vespa, Mahindra, Honda, Royal Enfield, c) S d) R There are eight members M, N, O, P, Q, R, Kawasaki and TVS. All the information is e) None of these S, and T who are seated around a circular not necessary to be in the same order. 5. In which of the following months the table at an equal distance and some are facing The person who has TVS is born in the person who has Yamaha bike born? to the centre while rests are facing opposite month which contain less than thirty days. a) June b) July to the centre. Number of people born before the person c) March d) August M sits second to the right of the one who who has Honda is same as the number of e) None of these people born after U, who is younger than sits immediate left of Q. T is an immediate the person who born in the month of April. Direction (6-10): Read the following neighbour of Q. Both the immediate W has Kawasaki bike who is born in the information carefully and answer the neighbours of M face same direction as M month which contains 31 days. The person questions given below. faces. Atleast four persons are facing outside who has Vespa born immediately before S. “petrol price increased high” is coded as “O5 to the centre. R sits immediate right of T. N S is born in the month which contains 31 V18 W14 S9” sits third to the left of O. Both the immediate days. The person who likes Vespa is not “barrel crude oil quantity” is coded as “O1 neighbours of Q face same direction. S sits born in the month which contains 30 days. V18 O9 B21” third to the right of M. P and S face same W is younger than the person who has “cost improve develop undertakes” is coded direction but opposite to that of N. Honda bike. The person who has Royal as “G15 V13 K5 H14” 11. Who among the following sits third to Enfield is elder to the person who has Hero 6. What is the code for the word “Region”? the left of S? bike. The person who has Mahindra bike is a) F1 b) W6 (a) M (b) N youngest among all. The person who has c) M5 d) U7 (c) Q (d) T Hero bike was not born in the month of e) None of these (e) None of these June. Only two people born between the 7. What is the code for the word 12. How many persons are facing to the person who has Yamaha and T. Only one “Domestic”? centre? people born between U and P, who does a) S18 b) X15 (a) One (b) Two not have Vespa. V does not have Royal c) H24 d) L11 (c) Three (d) Four Enfield bike and he is elder than Q e) None of these (e) None of these 1. Name the person who likes Mahindra 8. What is the code for the word 13. If ‘M’ is related to ‘O’ and ‘P’ is related bike? “Revenue”? to ‘T’ in a certain way, then ‘S’ is a) P b) Q a) V5 b) J10 related to which of the following? c) S d) R c) F21 d) W4 (a) Q (b) T e) None of these e) None of these (c) R (d) N 2. The person who has Honda bike born in 9. What is the code for the word (e) None of these which of the following months? “Economy”?

58 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

14. Who among the following sits opposite All C are D (a) Three (b) Two to M? Conclusions: (c) One (d) Four (a) S (b) Q I. All C can be A (e) None of these (c) P (d) O II. All K can be D 25. Who among the following lives just above (e) None of these 20. Statements: V? 15. What is the position of N with respect All B are A (a) T (b) S to R? Some D are C (c) P (d) Q (a) third to the right No A is D (e) None is true (b) second to the left Conclusions: (c) second to the right I. Some D are not A is a possibility Directions (26-30): Read the following (d) immediate left II. Some B are C information carefully and answer the (e) None of these given questions: Directions (21-25): Read the following Directions (16-20): In each of the information carefully and answer the 26. What does the code “PNB” stands for? questions below. Some statements are given questions: 1. Nirav modi PNB as “ aa bb cc“ given followed by conclusions/group of Seven people P, Q, R, S, T, U, and V live 2. PNB beared loss as “ cc dd ee“ conclusions numbered I and II. You have different floors of a building having 7 floors, (a) Data given in statement ‘1’ is to assume all the statements to be true the lowermost floor is numbered as 1 and sufficient to answer the question, even if they seem to be at variance from topmost floor is numbered as 7 (but not while data in ‘2’ is not sufficient the commonly known facts and then necessarily in the same order). to answer the question. decide which of the given two They are trainers of different subjects i.e. (b) Data given in statement ‘2’ is conclusions logically follows from the Java, Dot Net, PHP, Ruby, Linux, HTML, sufficient to answer the question, information given in the statements. and Java Script (but not necessarily in the while data in ‘1’ is not sufficient (a) If only conclusion I follows same order). P is a trainer of Dot Net and to answer the question. (b) If only conclusion II follows lives on an even numbered floor but not more (c) Data given in either ‘1’ or ‘2’ are (c) If either I or II follows than two people live below P. V lives sufficient to answer the question. (d) If neither I nor II follows on 5th floor and is not a trainer of HTML. (d) Data given in both statements are (e) If both I and II follow T is a trainer of PHP and lives on one of not sufficient to answer the the odd numbered floors above the one who question. 16. Statements: is a trainer of Java. Q is a trainer of Ruby. R (e) Data given in both statements ‘1’ Some A are not B lives just above U, who is trainer of Linux. and ‘2’ are necessary to answer All B are D S, who is a trainer of Java Script lives below the question. Some E are D P. 27. Among A, B, C, D, E and F, who is Conclusions: second to the left of B.All are sitting I. Some D are not A is a possibility 21. Who among the following is a trainer of around a circular table facing centre? II. All E are D Java? 1. D sits opposite E and is the 17. Statements: (a) Q (b) P immediate neighbour of F and A. All B are C (c) V (d) S C is third to left of A. Only K are B (e) None of these 2. E is immediate neighbours of B Some E are K 22. Who among the following sits just below and C. F is second to left of A. Conclusions: the one who is a trainer of HTML? (a) Data given in statement ‘1’ is I. No E is C (a) U sufficient to answer the question, II. All E are C is a possibility (b) S while data in ‘2’ is not sufficient 18. Statements: (c) The one who is a trainer of Linux to answer the question. All E are F (d) Both a and c (b) Data given in statement ‘2’ is No A is G (e) None of these sufficient to answer the question, No F is A 23. R lives on which of the following floor? while data in ‘1’ is not sufficient Conclusions: (a) 3rd (b) 4th to answer the question. I. No G is F (c) 5th (d) 7th (c) Data given in either ‘1’ or ‘2’ are II. No E is G (e) None of these sufficient to answer the question. 19. Statements: 24. How many trainers live between Q and (d) Data given in both statements are Some A are not K P? not sufficient to answer the Some K are not C question.

59 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(e) Data given in both statements ‘1’ (a) Only 1 is sufficient to answer the 34. Which box is placed just above box N? and ‘2’ are necessary to answer question (a) S (b) P the question. (b) Only 2 is sufficient to answer the (c) M (d) R 28. How many pencil does Akansha have? question (e) None of these 1. Akansha has 12 pencil less than (c) Both 2 and 3 are required to 35. Which of the following box is going to what Banni have. answer the question parcel Mumbai? 2. Charu has 18 pencil more than (d) Both 1 and 3 are required to (a) S (b) Q what Bani have. answer the question (c) O (d) M 3. Disha has 8 pencil , which are (e) Data inadequate (e) None of these forty percent less than what Bani Direction (31-35): Read the given Directions (36-38): Each of these have. information carefully and answer the questions is based on the following (a) Only 1 is sufficient to answer the questions; information: question Seven boxes M, N, O, P, Q, R, and S are There are seven members in a family A, B, (b) Only 2 is sufficient to answer the placed one above another and going to parcel X, Y, U, V, and R, among them only two are question in different cities, also they are of different married couples. B is daughter in law of U. (c) Both 1 and 2 are required to weights. V is grandmother of Y. R is sister in law of answer the question More than three boxes are placed between U. A has two children X and Y. V and R are (d) Both 2 and 3 are required to the box which is going to parcel Delhi and siblings. B has no son. answer the question box M. Heaviest box is placed above box (e) Both 1 and 3 are required to 36. Who among the following is son of R’s M. More than two boxes are placed between answer the question brother in law? box P and box R. Box S is third heaviest box. 29. How many hours did Kavya take to (a) Y (b) X Box M and N are heavier than box Q, which complete her college project? (c) A (d) B is not the lightest box. Lightest box is going 1. Manish correctly remembers that (e) None of these to parcel Goa. Two boxes are placed between Kavya took more than 3 hours but 37. How is X related to A’s mother? box R and S. Heaviest box is going to parcel less than 9 hours to (a) Grandson Ranchi. Box P is lighter than S. Only two complete it. (b) Granddaughter boxes are placed between 2nd heaviest box 2. Mehul correctly remembers that (c) Son and the box which is going to parcel Pune. Kavya took more than 6 hours but (d) None of these Box Q is not going to parcel Pune. Box N less than 11 hours to (e) Daughter and Q are lighter than box P. Atleast 3 boxes complete it. 38. How is R related to X’s father? placed above lightest box. The box which is (a) Only 1 is sufficient to answer the (a) Maternal aunt going to parcel Mumbai is placed just above question (b) Paternal aunt the box which is going to parcel Doon. Box (b) Only 2 is sufficient to answer the (c) Mother P is going to parcel Jaipur and placed below question (d) None of these box M. (c) Both 1 and 2 are required to (e) Son answer the question 31. Box N is going to parcel in which of the Directions (39-40): A is 20 m away from (d) Either 1 or 2 is sufficient to answer following city? C in east direction. B is standing in south the question (a) Pune (b) Doon of A and is facing south direction and (e) Neither 1 or 2 is sufficient to (c) Delhi (d) Goa distance between A and B is 30m. Now to answer the question (e) None of these the right of B covering 32 m towards 30. In a five floor building, on which floor 32. Which of the following box is placed at west, D is standing. D is eating burger does Mr.Ramesh live?(Starting from top? standing on its position and facing north. first floor going up to fifth floor) (a) N (b) S After eating burger D starts moving 1. Mr. Ramesh lives exactly above (c) Q (d) M towards south east direction covering 13 Rahul’s flat ,whose flat is exactly (e) None of these m and reaches to the position of E. above Viru’s flat. 33. How many boxes are placed between Q 2. Suresh lives on top floor. and the box which is going to parcel 39. What is the distance between D and C 3. Rinku lives exactly above Doon? and C is in which direction with respect Mr.Ramesh’s flat. Viru lives on the (a) One (b) Three to D? first floor. (c) Two (d) More than three (a) 31.2m, north-east (e) None of these (b) 29.4m, north-west

60 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(c) 32.3m, north-east (c) Rs. 45000 (d) Rs. 9000 (a) 801 (b) 720 (d) 40.8m, north-west (e) None of these (c) 729 (d) 721 (e) Cannot be determined 48. If 2 is subtracted from the numerator (e) 744 40. In which direction C is with respect to while 3 is added to the denominator, 53. 10.11 36.93  B? ra tio b eco m e s 3 : 2 . W h ile if 7 i s a d d e d

(a) South – West to the denom inator w hile 4 is 48.875 19.99 (b) North – East su b tracted fro m th e n u m erato r, ratio (c) South b eco m es 5 : 3 . W h at is th e fractio n ? 17.231 ? (d) North – West 23  23 (a) 25 (b) 144

( a ) (b) (e) None of these 54 64 (c) 225 (d) 625 (e) 900 QUANTITATIVE APTITUDE 76  23 54. 1898.88  189.921 + 9.99 + (?)2 = 83.89 (c) (d) (a) 3 (b) 4 Directions (41 – 45): What should come 55 55 in place of question mark (?) in the (e) None of these (c) 5 (d) 8 following number series? 49. Sashi spends 32% of his income in (e) 7 various expenses. Of the remaining, she 55. 39.7% of 801 – 250.17 = ? – 63% of 801 41. 3, 5, 15, 45, 113, ? spends one-fourth on her brother while (a) 800 (b) 500 (a) 190 (b) 234 9/17 on her sister and remaining keeps (c) 574 (d) 760 (c) 293 (d) 243 as savings. If the difference between (e) 550 (e) 208 her money spending on brother and Directions (56-60): Read the following 42. 17, 98, 26, 89, 35, ? sister is Rs. 3800. What is Shashi’s table and answer the following question: (a) 78 (b) 79 savings? Total number of voters in different (c) 80 (d) 81 (a) Rs. 3000 (b) Rs. 2500 districts and percentage of male out of (e) 82 (c) Rs. 4000 (d) Rs. 3400 these voters are given. 43. 3240, 540, 108, 27, ?, 4.5 (d) None of these (a) 12 (b) 7 District Total Voters Percentage of male 50. A bag contains 25 cards with numbered (Male and Female) out of total voters (c) 9 (d) 8 A 350 30% 1, 2, 3 ……….25. Two cards are picked B 400 54% (e) 6 C 370 50% at random (one after another and 44. 7, 4.5, 5.5, 12, 49, ? D 250 46% without replacement). Find the E 300 45% (a) 393 (b) 378 F 625 32% probability that the sum of numbers (c) 197 (d) 148 of both cards are odd? (e) 246 56. Total number of male voters from 45. 2, 17, 89, 359, 1079, ? 12 13 district A and B together are how much (a) (b) (a) 2134 (b) 1081 50 25 more/less than total number of female (c) 2195 (d) 2159 voters from district E and D together? (e) 1945 13 13 (a) 21 (b) 32 (d) (d) 46. A and B sold two articles at 25% profit 50 27 (c) 25 (d) 31 and 40% profit respectively. If total (e) None of these (e) None of these profit is Rs. 178 and the cost price of 57. The average of total voters from district A is Rs. 120 less than B. Find the CP Directions (51-55): What approximate B, C and D together are approximately of B. value should come in place of the what percent less/more than the no. of (a) Rs. 310 (b) Rs. 370 question mark (?) in the following male of voters from districts D,E and (c) Rs. 320 (d) Rs. 430 questions? F together? (a) 33.33% (b) 24.44% (e) None of these 51. 24.001  14.999  9.998 = ? (c) 66.66% (d) 16.66% 47. Three partners A, B and C invested their (a) 4200 (b) 3000 (e) None of these amounts in ratio 7 : 5 : 3. At the end of (c) 3600 (d) 4000 58. Find the ratio of the male voters from six months, A withdraws his amount (e) 2500 such that his total investment will be district D and E together to the female equal to C’s initial investment. If C’s 52.14.003 ?  53.0345 ? voters form C, E and F together? (a) 10 : 31 (b) 10 : 41 share in annual profit is Rs. 3600. A’s 67 annual profit will be?  (?) (c) 10 : 51 (d) 10 : 61 (a) Rs. 6000 (b) Rs. 7000 26.999 (e) None of these

61 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

59. The no. of female voters from district F work. For how many days A and B (a) 507 : 464 (b) 464 : 507 is what percent more/less than the no. worked together. (c) 275 : 119 (d) 507 : 23 of male voters from district A? (a) 3 (b) 5 (e) None of these (Rounded off to nearest integer) : (c) 4 (d) 6 68. The total production of cars of company (a) 290% (b) 230% (e) 2 B in Jan and June together are what (c) 300% (d) 305% 65. A boat can travel 9.6 km downstream in percentage more/less than the total (e) None of these 36 min. If speed of the water current is production of cars of company A in 60. Find the ratio of no. of male voters from 10% of the speed of the boat in Apr and May together? districts B and E together to the no. of downstream. How much time will boat take to travel 19.2 km upstream. 26 13 female voters from districts C and A (a) 1 % (b) 1 % together? (a) 2 hours 27 27 (b) 3 hours (a) 351 : 430 (b) 341 : 230 23 23 (c) 361 : 430 (d) 231 : 410 (c) 1.25 hours (c) 1 % (d) 1 % (e) None of these (d) 1.5 hours 29 27 61. Two trains, A and B, start from stations (e) 1 hour (e) None of these X and Y towards each other, they take 69. Out of the total production of cars of Directions (Q. 66-70): The following bar 4 hours 48 minutes and 3 hours 20 company A from Jan to June together, graph shows the production of cars in 6 minutes to reach Y and X respectively 2450 cars are defective then the non months by 2 companies (A and B). Read after they meet. If train A is moving at defective cars of company A from Jan the graph carefully and answer the 45 km/hr., then the speed of the train B to June together is what percent of the following questions. is : total production of cars of company B (a) 60 km/hr (b) 64.8 km/hr from Jan to June together? (c) 54 km/hr (d) 37.5 km/hr 1 2 (e) None of these (a) 48 % (b) 48 % 3 3 62. A hemispherical bowl of internal diameter 54 m contains a liquid. The 2 1 (c) 46 % (d) 46 % liquid is to be filled in cylindrical bottles 3 3 of radius 3 cm and height 9 cm. How (e) None of these many bottles are required to empty the 70. Find the ratio between the average of bowl? total production of cars of company A (a) 221 (b) 343 and company B in Mar to the average (c) 81 (d) 243 of total production of cars of company (e) 162 A and company B in June. 63. There are 3 consecutive odd numbers 72 (a) 353 : 443 (b) 464 : 507 and 3 consecutive even numbers. The 66. If in July there is an increase of 8 % 91 (c) 355 : 334 (d) 507 : 239 smallest even number is 9 more than in the production of car of company A (e) 335 : 344 largest odd number. If the square of with respect to that of in June and there average of all the 3 given odd number is Directions (Q. 71-75): Solve the 507 less than the square of the average 47 equations given below and answer. is a decrease of 13 % in the of all the 3 given even number, what is 81 (a) If x > y (b) If x < y the smallest odd number. production of cars of company B with (a) 11 (b) 13 respect to that of in June then find the (c) If x  y (c) 17 (d) 19 difference between the production of (d) If x  y (e) 9 cars of company A in July to that of (e) x = y or no relation can be 64. A can complete a task in 15 days. B is company B in July. established 50% more efficient than A. Both A and (a) 290 (b) 300 71. 6x2  31x  35  0 B started working together on the task (c) 275 (d) 270 2 and after few days B left task and A (e) None of these 2y  3y 1  0 67. Find the ratio between the total 1 72. 2x2  (4  41)x  2 41  0 finished the remaining of the given production of cars of company A from 3 Feb to Apr and the total production of 10y 2  (18  5 41)y  9 41  0 cars of company B from Apr to June.

62 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(a) 280% (b) 180% 11. d 12. c 13. c 14. d 73. 2 2x  9x 10  0 (c) 200% (d) 250% 15. c 4y 2  28y  45  0 (e) None of these (16-20) 79. Find the difference between the total 16. a 74. 15x 2 11x 12  0 sales of company A from 2012 to 2014 2 and that of company B from 2013 to 20y  49y  30  0 2015? 75. 2x2 15  7x (a) 750 (b) 500 (c) 600 (d) 400 17. b 17y  7  6y 2 (e) None of these 80. If the sales of company A increases by Directions (Q. 76-80): Read the following 33.33% in 2011 over its sales in 2010, line graph and answer the following then find the percent increase in the questions given below it – sales of company A in 2015 with There are two motorbike manufacturing respect to the sales in 2010?(up to two companies A and B. The sale of motorbikes decimal places) by these two different companies in different (a) 233.33% (b) 210.12% years is given in the graph below. (c) 333.33% (d) 272.32% 18. d (e) None of these



EXPLANATIONS 19. e

(1-5)

Month Person Bikes ­ 20. d January R Royal Enfield February V TVS March T Honda April P Hero May W Kawasaki June U Yamaha (21-25) 76. What is the ratio of total sales of July Q Vespa August S Mahindra company B in 2012 and that of Floor People Subject company A in 2014 together to the total 1. c 2. c 3. c 4. b 7 T PHP sales of company A in 2011 and that of 5. a 6 Q Ruby company B in 2015 together? (6-10) 5 V Java (a) 13 : 12 (b) 11 : 9 Logic 4 R HTML (c) 12 : 7 (d) 13 : 10 Letter denotes reverse of last letter of the 3 U Linux word (e) None of these 2 P Dot Net Number denotes the place value of second 77. What is the difference between the sales letter of the word. 1 S Java Script of company A in 2016 and that of 6. c 7. b 8. a 9. d company B in 2016 if the sales of 10. b 21. c 22. d 23. b 24. a company A and B increase by 20% and (11-15) 10% respectively in 2016 as compared 25. d to 2015? (26-30) (a) 1700 (b) 1600 26. e 27. e 28. e 29. e (c) 1800 (d) 2100 30. d (e) None of these 78. The total sales of both companies in 2015 is what percent more than the total sales of both the companies in 2011?

63 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

41. d (31-35) x  4 5  y  7 3 Or, 3x – 12 = 5y + 35 Or, 3x – 5y = 47 ... (ii) Solving (i) and (ii), 42. c X = -76, y = -55 76 Fraction = 55 1 49. a; Money spent on brother = 68% 43. c 4 = 17% 31. a 32. c 33. d 34. d 35. a 9 (36-38) Money spent on sister = 68% 17 44. a = 36% ATQ, (36% - 17%) of total = 3800  Total = Rs. 20000 100(321736) 45. d Saving = 20000 100 36. c 37. b 38. a 15 (39-40)  20000  Rs.3000 100 46. c; Let, CP of B be x + 120 50. b; Sum can be odd in two cases : And that of A be x 1. First card is odd numbered & second one is even. 25 40 Then,  x  (x 120) 178 2. First card is even numbered & second 100 100 one is odd. Required probability 65x Or,  48  178 13 12 12 13 13 100 =     25 24 25 24 25 Or, x = 200 C.P. of B = x + 120 = Rs. 320 51. c; 241510  3600 47. a; Let their initial investments be 7x, 5x and 3x respectively 67 52. c;   ? Ratio of their profit = 14 ? 53 ? 27 39. c; Given CA = 20m, AB = 30m 7x  6  3x  6 :5x 12 :3x 12 BD = 32m, DE = 13m, 67 We have to calculate the length of DC.  60x : 60x : 36x 67 ?  ? By applying Pythagoras theorem 27 DC2 = CF2 + DF2  5: 5: 3 DC2 = 302 + 122 ?  27 5 DC = A’s profit = 3600 ?  729 900 144 3 53. e; 1037  720 17 ?  1044 = Rs. 6000 = 32.3 m x 2 3 ? = 30 Hence distance between C and D is 32.3 48. c;  y  3 2 ? = 900 m and C is north-east direction. 54. d; 1900  190 + 10 + ?2 = 84 40. d Or, 2x – 4 = 3y + 9 Or, ?2 = 84 – 10 – 10 or, ? = 8 Or, 2x – 3y = 13 .... (i) 55. c; 408  250  ? 638 ? = 574

64 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

56. a; No. Of male voters from district A 60. a; No. of male voters from B = (x)2 + 507 = (y)2 and B y2 – x2 = 507 54 (x + y)(y – x) = 507 30 54 400  216 = 350  400 100 507 100 100 No. of male voters from E = (x + y) =  x  y  39 ... (ii) = 105 + 216 = 321 13 45 Total no. of female voters from E and 300  135 Solving (i) and (ii) y = 26 and x = 13 D 100 So smallest odd numbers = x – 2 = 13 – 2 = 11 54 55 No. of female voters from C =  250  300 64. c; A complete work in 15 days. 50 B will complete work in 10 days. 100 100 370  185 100 They together will complete whole  135 165  300 work No. of female voters from A = Difference = 321 – 300 = 21 1510 57. b; Average no. Of voters from district, 70   6 days B, C and D 350  245 25 100 400  370  250 1020 A and B together worked for =   340 3 3 351 2 Required ratio =  6  4 days Male voters from D, E and F together 430 3 46 45 32 65. d; Speed of downstream = 250 300 625 24 100 100 100 9.6 = 115 + 135 + 200 = 450 s2 5 72 km/min = 16 km/hr   36 61. c; 10 450 340 s1 50 Speed of current = 1.6 km/hr Req. %  100 = 24.44% 450 3 Let speed of boat in still water = x km/ 58. a; No. of male voters form district D and hr E s 6 6 So, x = 16 – 1.6 = 14.4 km/hr 2   Required time in upstream = 46 45 s 25 5  250  300 1 19.2 100 100 456  S  14.4 1.6 115 135  250 2 5 = 1.5 hours No. of female voters from C, E and F = 54 km/hr 72 8 50 55 68 62. e; Volume of hemi-sphere = 66. a; 8 %  = 370 300 625 91 91 100 100 100 2 3 3 = 185 + 165 + 425 = 775 (27) cm 47 11 3 13 %  250 10 81 81 Ratio =  Volume of cylindrical bottle = r2h 775 31 Production of car of company A in July 59. d; No. of female voters from F = = (3)2 9 8 = 910 91091080990 68  Required no. of bottles = 91 625  425 Production of car of company B in July 100 2 3 (27) 11 No. of male voters from A = 3  810  810 110  700  2  81 350 30 (3) 9   105 Required difference = 990 – 700 = 290 1 100 = 2  3  27 = 162 bottles 67. b; Required Ratio 63. a; Let the three consecutive odd numbers = (800 + 750 + 770) : (850 + 875 + 425105 = x – 2, x and x + 2 810) Req. % = 100 And the three consecutive even 105 = (2320) : (2535) = 464 : 507 numbers 68. d; Total production of cars of company = 304.7% = y – 2, y and y + 2 B in Jan and June 305%  So, y – 2 = 9 + x + 2 Together = 840 + 810 = 1650 y – x = 13 ... (i) and

65 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 Total production of cars of company A 73. c; Company B in 2015 = 2000 + 4000 = in April and May together = 770 + 850 = 1620 2x2  4x  5x 10  0 6000 Required % 2x(x 2) 5(x 2)  0 6500 13 1650 1620 23 Ratio =   100 1 %  5 6000 12 1620 27 x  2, 77. b; Sales of company A in 2016 = 69. b; Non defective Cars of company A 2 from Jan to July = 5005 – 2450 = 2555 120 2 5000  6000 Required % = 4y 18y 10y  45  0 100 2555 2 2y(2y  9) 5(2y  9)  0 Sales of company B in 2016 = 100  48 % 110 5250 3  5  9 4000  4400 70. e; Required Ratio = 1675 : 1720 = 335 : y  , 100 344 2 2 Difference = 6000 – 4400 = 1600 71. b;  x  y 78. c; Total sales in 2011 = 2000 + 1000 = 74. e; 6x2 21x 10x  35  0 3000 2 3x(2x  7) 5(2x  7)  0 15x 20x  9x 12  0 Total sales in 2015 = 5000 + 4000 = (3x  5)(2x  7)  0 5x(3x  4) 3(3x  4)  0 9000 Required %  5 7 3 4 x  , x  , 3 2 9000 3000 5 3   200% 3000 2 20y2 25y 24y  30  0 2y 2y  y 1  0 79. b; Sales of company A from 2012 to 2y(y 1)1(y 1)  0 5y(4y  5)6(4y  5)  0 2014    6 5 = 3500 + 4500 + 4000 = 12000 (2y 1)(y 1) 0 y  , 5 4 Sales of company B from 2013 to 2015 1 y  ,1 No relation can be established = 3000 + 4500 + 4000 = 11500 2 75. e; Difference = 500  x  y 2x2 10x  3x 15  0 80. a; Sales of company A in 2010 =

72. e; 2 2x(x  5) 3(x  5)  0 3 2x 4x  41x 2 41  0 2000  1500 4     3 2x(x 2) 41(x 2) 0 x   ,5 Required % 2 41 5000 1500 x  2, = 100  233.33% 2 6y2 14y  3y  7  0 1500

2     10y 18y  5 41y  9 41  0 2y(3y 7) 1(3y 7) 0 1  7 2y(5y 9) 41(5y 9)  0 y   , 2 3  9 41 y  , Hence no relation can be established 5 2 76. a; Total sales of company B in 2012 and Hence no relationship can be established. that of Company A in 2014 = 2500 + 4000 = 6500 Total sales of company A in 2011 and that of

66 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

REASONING ABILITY (e) None of these 9. How many letters are there in the above sequence which are immediately Directions (Q. 5-6): Study the following Directions (Q. 1-4) : Read the following preceded by a number and immediately information carefully to answer the information carefully and answer the followed by a consonant? questions. questions given below. (a) None (b) One A vehicle starts from point P and run 10 km Seven boxes P, Q, R, S, T, U, V are kept are (c) Two (d) Three towards North. It takes a right turn and runs above the other containing different number (e) None of these 15 km. Now it runs 6 km after taking a left of books ranging from 10-80. Not more than 10. What should come in place of the turn. Finally, it takes a left turn, runs 15 km four boxes are kept above P. Two boxes are question mark (?) in the following and stops at point Q. kept between P and the box containing 51 sequence? books, which kept below P. S contains thrice 5. How far is point Q with respect to ?, 2AC,  Q$, 1NA number of books than box Q. Box R contains point P? (a) 5$X (b) CPN 37 number of books and kept not on top. (a) 16 km (b) 25 km (c) ZP5 (d) 5$Q The number of books in box V is a cube (c) 4 km (d) 10 km (d) None of these number. Only one box kept between box (e) None of these 11. Which of the following is the eleventh containing 51 and 39 books. Box S has less 6. Towards which direction was the vehicle element to the right of the second books than P. One of the boxes contains 77 moving before it stopped at point Q? element from the left end in the above books. Five boxes are kept between box (a) North (b) East sequence? containing 64 books and box R. Box V is (c) South (d) West (a) 9 (b) 1 immediately above box T. Box S is not kept (e) North-West (c) M (d) 4 immediately above or below box Q. Three 7. In a row of 34 students, W is fifth after (e) None of these boxes are kept between box S and box U. X from the front and X is 20th from the 12. If both the halves of the above sequence Box S is above box U. back. What is the position of W from are written in reverse order, which will 1. Which among the following box/boxes is the front? be the sixth element to the right of the kept exactly between box S and box Q? (a) 20 (b) 25 sixteenth element from the right end? (a) V, T (b) Q, R (c) 30 (d) 22 (a) 4 (b) ~ (c) Q, P (d) U, R (e) None of these (c) 0 (d) N (e) None of these (e) None of these Directions (Q. 8-12): Answer the 2. How many books are kept in box T? following questions referring to the Directions (Q. 13-17) : In each question (a) 39 (b) 23 symbol-letter-number sequence given below are given some statements (c) 77 (d) 51 below: followed by two conclusions numbered I (e) None of these X N 5 C Z 2 $ P A B 1 Q 3 Y N O 9 L 6 and II. You have to take the given 3. Which among the following boxes  M 4 ~ F 7 1 statements to be true even if they seem contains the maximum & minimum to be at variance with commonly known number of books respectively? 8. Which of the following is exactly midway facts. Read all the conclusions and then (a) V, T (b) Q, S between the tenth element from the decide which of the given conclusions (c) R, P (d) U, Q right and fifth element from the left logically follows from the given (e) None of these end? statements, disregarding commonly 4. Which of the following combination is (a) A (b) B known facts. Given answer true? (c) 1 (d)  (a) If only conclusion I follows. (a) 39 – V (b) 13 – Q (d) None of these (b) If only conclusion II follows (c) 31 – T (d) 39 – P

67 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(c) If either conclusion I or II follows (e) None of these is second to the left of U. P is not an (d) If neither conclusion I nor II 20. Which of the following means C is aunt immediate neighbour of either U or N. M is follows of F? not neighbour of R. T is third to the right of (e) If both conclusion I and II follows (a) E £ F # D # C * B Q. (b) F £ E # D $ C * B 26. Who among the following is second to 13. Statements: All bags are purses. (c) B * C $ D # E £ F the right of U? No purse is black (d) Cannot be determined (a) O (b) Q All blacks are covers. (e) None of these Conclusions: I. All bags are covers (c) T (d) R II. Some covers are purses. Directions (Q. 21-25): Study the (e) None of these 14. Statements: Some cats are rats. following information carefully and 27. Who is sitting third to the right of the Some rats are fishes. answer the questions given below. Give one who is sitting second to the right All fishes are birds answer of M? Conclusions: I. Some fishes are rats (a) If only conclusion I is true (a) P(b) O II. All cats being birds is a possibility (b) If only conclusion II is true (c) U (d) T 15. Statements: Some flowers are roses. (c) If either conclusion I or conclusion (e) None of these No rose is red. II is true 28. How many persons are sitting between All red are leaves. (d) If neither conclusion I nor T and P, if counted anti clock-wise from Conclusions: I. Some flowers are conclusion II is true P? definitely not red. (e) If both conclusion I and II are true. (a) One (b) Two II. Some leaves are definitely not roses. (c) Three (d) Four 21. Statements 16. Statements: All cards are sheets. (e) None of these H  W  R  F All files are cards. 29. What is the position of M with respect Conclusions Some sheets are papers. to T? I. R = H Conclusions: I. All files being papers (a) Second to the right II. R > H is a possibility (b) Third to the left 22. Statements II. All files are not sheets. (c) Second to the left M < T > K = D 17. Statements: Some flowers are roses. (d) Fifth to the right Conclusions No rose is red. (e) None of these I. D < T All red are leaves. 30. Who sits third to the left of Q? II. K < M Conclusions: I. Some flowers are not (a) M (b) S 23. Statements leaves. (c) T (d) O R  N  F  B II. No leave is red. (e) None of these Conclusions 31. The positions of how many digits in the I. F = R Directions (Q. 18-20): Read the following number 59164823 will remain II. B < N information to answer the questions. unchanged after the digits are rearranged 24. Statements (i) P # Q means Q is father of P. in descending order within the number? H > W < M K (ii) P * Q means Q is mother of P  (a) None (b) One Conclusions (iii) P £ Q means Q is brother of P. (c) Two (d) Three I. K < W (iv) P $ Q means Q is sister of P. (e) More than three II. H > M 32. What should come next in the following 18. Which of the following means X is 25. Statements letter series based on English alphabet? grandmother of Y? R T = M > D  CEA IKG OQM ? (a) Z $ X * K # L £ Y Conclusions (a) STW (b) WUS (b) Y £ L # K * X $ Z I. D < T (c) SWU (d) UWS (c) X * K # L £ Y II. R  M (d) Cannot be determined (e) None of these Directions (Q. 26-30): Study the (e) None of these Directions (Q. 33-37): The following following information carefully and 19. Which of the following means A is questions are based on the six words answer the given questions: nephew of D? given below. M, N, O, P, Q, R, S, T and U are sitting (a) D £ C # B £ A ROCK MOCK TONE FROM around a circular table facing the centre. N is (b) A £ B # D £ C TURN EACH (c) C £ D # B £ A fourth to the left of S, who is second to the (d) Cannot be determined right of O. R is fourth to the right of O and 68 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(The new words formed after performing written as JECTSUB, what should be polled in favour of all the three parties the operation mentioned may or may not the code of COUNCIL? in the same years? (a) 22% (b) 31% necessarily be meaningful English words.) (a) NCILCOU (b) LICNOUC (c) 40% (d) 43% (e) None of these 33. If the first two letters in each of the (c) NCOUCIL words is changed to the next alphabet 45. What is the ratio of the total number of (d) NLICUOC votes polled for A and B in 2006 to in the English alphabetical order, how (e) NILCCOU those polled for C in 2008? many words having no vowel will be 40. How many pairs of letters are there in (a) 13 : 6 (b) 2 : 1 formed? the word “SENATOR” which have as (c) 15 : 8 (d) 16 : 9 (a) Five (b) Four many letters between them in the word (e) None of these (c) Three (d) Two as in alphabetical series? (e) One Directions (Q.46-50): What value will (a) None (b) One come in place of question mark (?) in 34. If the given words are arranged in the (c) Two (d) Three the following questions? order as they would appear in (e) four dictionary from right to left, which of 46. 3263 × 246 – 18611 = ? + 5883 the following will be the fourth from QUANTITATIVE APTITUDE (a) 897071 (b) 778204 the left? (c) 989090 (d) 797090 (a) TONE (b) ROCK Directions (Q.41-45): Study the (e) None of these following Graph carefully and answer (c) MOCK (d) FROM 47. 7000 ÷ 70  95 = ?  20 the questions given below: (e) None of these (a) 475 (b) 380 (c) 640 (d) 720 35. If in each of the words, all the alphabets (e) None of these are arranged in the reverse order of English alphabet within the word, how 48. 35% of 3136 x 5 = ? + 54 many words will not begin with a (a) 46 (b) 48 vowel? (c) 44 (d) 42 (a) Three (b) Four (e) None of these (c) Five (d) Six 49. (19×75.4÷0.2) ÷ 13 + 67 = ? (e) None of these (a)1056 (b)981 36. If in each of the given words, the first (c)564 (d)618 (e)None of these alphabet is changed to the previous Number of votes polled in favour of the letter in the English alphabetical order, three parties during five years. 2 7 9 1 50.    ?  560 how many words thus formed will be 41. Choose the party that won the elections 3 3 2 9 meaningfull? maximum number of times. (a) One (b) Two (a) A and B (b) A and C 40 50 (a) (b) (c) Three (d) Four (c) B and C (d) A 9 9 (e) None of these (e) B 37. If in each of the given words, first and 42. In which year there was a maximum % 70 80 third alphabets are interchanged and increase in votes polled for party B (c) (d) When compared to the previous years? 9 9 similarly second and fourth alphabets (a) 2009 (e) None of these are interchanged, how many words thus (b) 2010 Directions (Q.51-55) : Study the formed will end with a vowel? (c) 2007 following graph carefully to answer (a) Two (b) Three (d) Cannot be determined these questions : (c) Four (d) Five (e) None of these (e) Six 43. Parties A and C, being allies, got merged 38. In a certain code language ‘lu ja ka hu’ in 2011 elections. If the expectations means ‘Will you meet us’, ‘lu ka hu pa in 2011 were same as 2009 polls, what means ‘will you sold us.’ Then what is could be the chance of A and C winning? (a) 60% (b) 30% the code of ‘meet’ in this code language? (c) 50% (d) 40% (a) ja (b) lu (e) None of these (c) ka (d) hu 44. The total number of votes polled in (e) Cannot be determined favour of A in 2008 and 2010 is what 39. In a certain coding system, PAPER is percentage of the total number of votes written as PERPA and SUBJECT is

69 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

51. Total number of students of College B (c) increases 21:22 taken by 6 boys and 8 women to reap in years 2005, 2006 and 2003 together (d) decreases 22:21 the field? are what percent more/less than total (e) None of these (a) 200/33 days number of students of College A in 58. A boat goes 6 km against the current of (b) 200/31 days years 2003, 2004 and 2008 together? the stream in 2 hours and goes 8 km (c) 200/35 days along the current in half hour. How long (d) 200/37 days 4 2 (e)None of these (a) 22 % (b) 22 % will it take to go 28.5 km in stationary 9 11 water? 67. How much water must be added to 50 (a) 4 1/2 hours litre of milk costing 10 rupees per litre 2 4 (b) 3 hours so as to bring the cost of milk to 8 (c) 22 % (d) 22 % 9 11 (c) 3 1/2 hours rupees per litre? (d) 4 hours (a) 11.5 (b) 12.5 (e) None of these (e) None of these (c) 13.5 (d) 14.5 52. What is the ratio of the total number of 59. Two pipes P and Q can fill a tank in 10 (e) None of these students of College A in years 2004, min and 12 min respectively and a 68. A shopkeeper sold certain articles at 380 2006 and 2007 together and the total waste pipe can carry off 12 litres of after giving a discount of 5 percent. If number of students of College B in water per minute. If all the pipes are the discount is not given he would have years 2003, 2004 and 2008? opened when the tank is full and it been gain 20 percent. What is the cost (a) 35 : 32 (b) 33 : 37 takes one hour to empty the tank. Find price of the articles (approx.) (c) 34 : 31 (d) 32 : 35 the capacity of the tank. (a)332 (b)333 (e) None of these (a) 30 (b) 45 (c)334 (d)335 53. What is the average number of students (c) 60 (d) 75 (e)None of these in College A for all the years together? (e) None of these 69. If a Car runs at 45Km/hr it reaches its (a) 45,000 (b) 50,000 60. At present, the respective ratio between destination by 10 min late If it runs at (c) 52,000 (d) 48,000 the ages of A and B is 3:4 and that 60Km/hr it is late by 4min. Then what (e) None of these between A and C is 1:2. six years hence, is the correct time for the journey? 54. What is the approximate percentage rise the sum of A, B and C will be 96 years. (a) 12 min (b) 14 min in the number of students of College B what is the present age of A? (c) 16 min (d) 18 min from 2005 to 2006? (a) 12 years (b) 24 years (e) Cannot be determined (a) 8 (b) 12 (c) 19 years (d) 27 years 70. P and Q invested in a business. They (c) 4 (d) 15 (e) 18 years earned some profit which they divided (e) 20 in the ratio of 2:3. If P invested 55. The number of students of College B in Directions (Q.61-65): What value will Rs.30000, the amount invested by Q year 2008 is what percent of the total come in place of question mark (?) in is students of College B in all the years the following questions? (a)Rs.40,000 (b)Rs.35,000 together (Round off to two digits after (c)Rs.45,000 (d)Rs.64,000 61. 13 15 26 84 328 ? decimal) (e) None of these (a) 1780 (b) 1890 (a) 20.61 (b) 23.79 Directions (Q.71-75): What approximate (c) 1650 (d) 1690 (c) 21.79 (d) 17.29 value will come in place of question mark (e) None of these (e) None of these (?) in the following questions? (You are 62. 5 8 6 10 ? 12 56. The monthly income of Shyama and not expected to calculate the exact (a) 2 (b) 4 Kamal together is Rs.28000. The value). income of Shyama and Kamal is (c) 6 (d) 7 71. 18% of 256 + 35% of 290 – 15% of 385 (e) None of these increased by 25% and 12.5% = ? 63. 9 10 18 57 ? 1125 respectively. The new income of Kamal (a)83 (b) 80 (a) 164 (b) 230 becomes 120% of the new salary of (c) 90 (d) 70 (c) 210 (d) 224 Shyama. What is the new (e) 85 income of Shyama? (e) 115 2 (a) Rs.12000 (b) Rs.18000 64. 12 14 19 36 ? 358 72. 4090  3 12163  49  ? (c) Rs.14000 (d). Rs.16000 (a) 105 (b) 104 (a)29 (b) 49 (e) Rs.15000 (c) 106 (d) 102 (c) 33 (d) 39 57. An employer reduces the number of his (e) 101 (e) 37 employees in the ratio of 7:4 and 65. 12 23 35 49 ? 93 increases their wages in the ratio 3:5. (a) 67 (b) 75 4 3 5 29 73. 8  9  3  ?  6 State whether his bill of total wages (c) 65 (d) 23 7 4 8 56 increases or decreases and in what (e) 50 ratio. 66. If 4 boys or 5 women can reap a field in (a)8 (b) 6 (a) increases 20:21 20 days. Then what will be the time (c) 10 (d) 5 (b) decreases 21:20 (e) 2

70 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(a) 83 (b) 85 9 108 5 7 (13 – 17) 74.   328    ? (c) 87 (d) 80 13. d 42 63 7 5 (e) None of these (a)32 (b) 28 80. In 2008, from all colleges together 10 % (c) 40 (d) 45 students enrolled went abroad (e) 42 Approximately how many students went abroad? 2 45 (a) 311 (b) 211 14. e 16  (c) 321 (d) 521 3 39  ? (e) None of these 75. 15 4 3  3 26 13  (a)65 (b) 62 EXPLANATIONS (c) 76 (d) 71 15. e (e) 78 (1-4) Directions(Q.76-80) : Study the Boxes Books following table carefully and answer the P 64 questions given below : S 39 Number of students enrolled with five V 27 colleges over the years : T 51 Q 13 16. a Colleges  U 77 P Q R S T Years  R 37 2006 450 320 400 480 520 2007 480 350 380 500 540 1. a 2. d 3. d 4. b 2008 420 300 410 520 460 (5-7) 2009 460 360 430 470 480 2010 470 340 390 530 530 17. d 76. If from college Q in 2009, 90% of the students enrolled appeared in a competitive examination, out of which 75 % students passed, how many students passed the examination ? (a) 280 (b) 216 18. b (c) 243 (d) 270 (e) None of these 77. In 2007, from all the colleges together an 5. a 6. d th overall 40 % of the students enrolled 7. a; X is 20 form the back. for a computer course total how many The position of W from the back is th students enrolled for these course ? (20-5) = 15 (a) 700 (b) 600 Hence the position of W from the front th (c) 800 (d) 900 is (34 – 15 + 1) = 20 (e) None of these (8-12) 19. e 78. What is the ratio of the average number 8. b; 20. b of student enrolled with colleges 9. c; 5CZ, 3YN together in 2009 to that in 2010 ? 10. a; 5$X (a) 117 : 108 11. e; (b) 111 : 113 th (c) 110 : 113 R 11 (d) 105 : 108 L  2nd (e) None of these 79. The Average number of students enrolled L 13th  Q from college Q for all the years together is approximately what percent of the 12. b average number of students enrolled from college R for all the years together?

71 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(21-25) The meaningful word is LOCK 52. d; Required ratio = st rd 21. c; 37. d; After rearrangement,1 and 3 40  50  70: (30  60  85) alphabets are interchanged and 2nd and I. R  W = H (false) 4th alphabets are interchanged in each =160 :175 Either I or II II. R  W = H (false) word, they become –  32 :35 CKRO CKMO NETO OMFR RNTU 22. a; I. D = K < T (True) CHEA 300 II. K < T > M (false) We can see that there are five words 53. b; Required average =  50 6 23. b; I. F  N  R (false) end with vowel II. B < F  N (true) 38. a 39. a 40. c  501000 (unit1000) (41-45) 24. d; I. K M > W (false)  41. a; Party A won elections in 2006, 2008  50,000 II. H > Q < M (false) Party B won elections in 2007, 2009 25. e; I. D < M = T (true) Party C won elections in 2010 70  65 54. a; Required % = 100 II. R  T = M (true) So both parties A and B won maximum 65 (26 – 30) number of times 42. a; By observation, we can say that the 100 percentage increase   8% Is the maximum in 2009. 13 43. c; As the expectation is same as that of 85 2009 polls then chances of A and C 55. c; Required % = 100 winning polls is 50% as number of 390 voters polled for A and C in 2009=50% = 21.79% and B too get 50% of votes. 56. e; The monthly income of Shyama and 26. c 27. c 28. d 29. a 44. c; The required value = Kamal = S + K = 28000 30. b Shyama’s income = x; Kamal’s income 31. c (60  20)100 = 28000 – x. 100 100 120 80 K =  S = 100  40% 100 200 S’s new income = (28000 – x) 45. a; The ratio of the total number of votes 32. d; UWS 112.5 for A and B in 2006 to C in 2008  33. c; After rearrangement, First two letter = (40 + 25) : 30 = 65 : 30 = 13 : 6 100 of each words change to next alphabet (46-50) in English alphabetical order, they 125 46. b; become – 3263 246  802698 K’s new income = x  SPECK NPCK UPNE GSOM 802698(18611 5883)  778204 100 UVRN FBCH we can see that SPECK NPCK FBCH words have no vowel. 47. a; 7000  70 95  ? 20  475 112.5 125 (28000 – x)  = x  34. c; After rearranging all the word, we have 48. c 100 100 – 65 x = 12000 TURN TONE ROCK MOCK FROM  56 5  ? 54 100 New Income of Shyama = 125% of EACH 12000 = 15000 th 4 from the left is MOCK. 98  54  44 57. b; Let initial employees be 7x and then 35. b; After rearranging all the alphabets in 49. d; (19 377)÷ 13 + 67 4x similarly initial wages be 3y and reverse order of English alphabet, they  7163 ÷ 13 + 67 then 5y become – 551+67 = 618 so total wage = 21xy initially and then ROKC OMKC TONE ROMF UTRN 20xy HECA 560 80 so wages decreases and ratio = 21:20 We can see that OMKC and UTRN 50. d; x =  Words are begin with vowel, so here 9 7 9 6 58. b; Speed upstream = = 3, speed four words are not begin with vowel. (51-55) 2 36. a; After rearrangement, 1st alphabet of 51. c; Required percentage = each words change to previous letter, 8 165 135 2 16 they become – 100%  22 % 1 QOCK LOCK SONE EROM SURN 135 9 downstream = DACH 2

72 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

1 200 5 7 Speed of boat =  9.5 km/  d = = 41   42 2(3 16) 31 7 5 75. d; hr 67. b; Total cost of milk= 5010  500 So time in still water = For selling in rupee 8,total amount of 2 45 28.5 mixutre =500/8=62.5 16   3hours So,amount of water=62.5 - 50 = 12.5 3 39  ? 9.5 15 4 59. c; Let the waste pipe take ‘T’ time to 95 3  3 68. b;  MP  380. empty the tank. 100 26 13  1 1 1  MP=400      60  1 50 45 250 10 12 T  120  400 =  CP 3 39 13 100 or,?   We will get T = 5 min 93 43 93  86 CP = 333.33  26 13 26 So capacity = 512 = 60 ltr 69. b 60. e; The ratio between A, B and C is = 3 : 45(t 10)  60(t  4) 250 26 500 4 : 6     71 The sum of present age of A, B and C t 14 13 7 7 = 96 – 18 = 78 70. c; 30,000 : Q = 2 : 3 (76-80) 13 x = 78 X = 6 90,000 9 3 Q =  45,000 76. c; 360   243 Present age of A = 3x = 18 2 10 4 (61-65) (71-75) 77. d; (480 + 350 + 380 + 500 + 540) × 40 61. c; The series is , 1 + 2, 2 – 4, 3 +    71. c; 18% of 256 + 35% of 290 – 15% of % = 900 6,  4 – 8,  5 + 10 385 = ?  460  360  430  470  480  62. d; The series is,  2 – 2,  2 + 2,  2 – = 46.08 + 101.5 – 57.75 90 78. c   :  5 2…… 72. d   63. d; 9  1 + 1 = 10  470  340  390  530  530  10 2 -2 = 18 4090  4096  64     5  18  3 + 3 = 57 3 12163  3 12167  23 57  4 -4 = 224 =110:113 2 3 64. e; 12 + 12 + 1 = 14 (?)  4090  12163  49 79. a; (320 + 350 + 300 + 360 + 340)/(400 + 14 + 22 + 1 = 19 380 + 410 + 430 + 390)  100 19 + 42 + 1 = 36  64 23  49 2 36 + 8 + 1 = 101 2 1670 1472  49 1521  (39) =  100 = 83.08% 65. a; 12  2 1  23 2010 23 2 11  35 ?  39 80. b; (420 + 300 + 410 + 520 + 460) ×10 % 35 2  21  49 4 3 5 29 10 49 2 - 31 = 67 73. a; 8  9 3 ?  6 = 2110  = 211  7 4 8 56 100 66. b; Work done by one boy in one day = Or, ? = 1  4 3 5 29  (8  9  3  6)       4 20  7 4 8 56  1  32  42  35 29  10  Similarly for women =  8     8   8 5 20  56  56 Now the time taken by 6 boys and 8 9 108 5 7 women to reap the field = 74. e  328    ? 42 63 7 5 6 8    9 63 5 7 80 100 d or,?   328   42 108 7 5

73 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

REASONING ABILITY 10. 13, 27, 56, 115, ? 16. Sohan walked 20 meters East. He turned (a) 224 (b) 231 to his left and walked 30 meters. He Direction (Q. 1- 3): Select the related (c) 233 (d) 234 again turned towards his left and letters word/number from the given 11. A series is given, with one number walked 20 meters. How far and in alternative : missing. Choose the correct alternative which direction is he now from his from the given ones that will complete starting position? 1. Pulp : Paper : Hemp : ? the series. (a) 30 meters, South (a) Basket (b) Yarn -7.25, -5.75, -4.25, -2.75, ?, 0.25 (b) 30 meters, North (c) Rope (d) Cotton (a) 1.25 (b) -1.25 (c) 70 meters, North 2. Mango : Fruit : : Potato : ? (c) 1.5 (d) -1.5 (d) 50 meters, North (a) Root (b) Fruit 12. In a certain code PATHOLOGIST is 17. Pointing to a girl in a photographs, Vipul (c) Stem (d) Flower written as PIUBQKSRHFN. How is said, “She is the only daughter of my 3. 10 : 14 : : 7 : ? CONTROVERSY written in that code? grandfather’s only son.” How is Vipul (a) 9 (b) 13 (a) SUOPDNXRQDU relates to the girl in the photograph : (c) 15 (d) 17 (b) SUOPDNZTSFW (a) Father (b) Brother Direction (Q. 4-6): Select the one which (c) QSMNBPXRQDU (c) Nephew (d) Data inadequate is different from the other three (d) QSMNBPZTSFW Direction (Q. 18-19): Select the missing responses. Direction (Q. 14): A series is given, with numbers from the given alternatives : 4. (a) Nylon (b) Silk one or more term(s) missing. Choose the 18. (c) Cotton (d) Jute correct alternative from the given ones 5. (a) 8 (b) 9 that will complete the series. 1 4 9 ? (c) 27 (d) 64 13. m_nm_n_an_a_ma_ 1 2 3 4 6. (a) 42 – 28 (b) 28 – 14 (a) aamnan (b) ammanm 2 4 6 ? (c) 30 – 24 (d) 49 – 35 (c) aammnn (d) amammn 7. Arrange the following words as per 14. If ‘–‘ stands for ‘division’, ‘+’ for (a) 16, 8 (b) 25, 5 order in the dictionary : (c) 36, 4 (d) 49, 7 1. Sinister 2. Sinuous ‘multiplication’, '' for‘substraction’ 19. 3. Sinhalese 4. Sinusitis and ‘x’ addition’, then which one of 5. Sinecure the following equations is correct? (a) 5, 3, 2, 4, 1 (a) 4 5  9  3  4 15 (b) 5, 2, 4, 3, 1 (b) (c) 5, 2, 1, 3, 4 4 5 9  3  4 11 (d) 5, 3, 1, 2, 4 (c) 4  5  9 3  4 17 Directions (Q. 8-10): A series is given (d) 4  5  9  3  4 18 with one term missing. Choose the 15. Which venn diagram shows the correct alternative from the given ones relationship of the following : (a) 19 (b) 22 that will complete the series. Iron, Lead, Nitrogen (c) 32 (d) 35 20. Two position of a dice are shown below. 8. Chhattisgarh, Uttarakhand, Jharkhand,? What is the face opposite to the face (a) Uttar Pradesh number 4? (b) Madhya Pradesh (c) Rajasthan (d) Telangana 9. FI, KM, PQ, ? (a) MO (b) ZA (a) 6 (b) 1 (c) TO (d) UU (c) 5 (d) 2

74 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

21. If the day before yesterday was Sunday, from 0 to 4 and that of Matrix-II are privileges, exploitation, wars, cannot what day will it be three days after numbered form 5 to 9. A letter from commend itself to us today. day after tomorrow? these matrices can be represented first (a) Sunday by its row and next by its column, for 26. In the passage, it is said that democracy. (b) Monday example ‘K’ can be represented by 41, (a) should aim at the intellectual (c) Wednesday 34 etc and ‘Z’ can be represented by growth of all people (d) Saturday 66, 57 etc. Similarly, you have to (b) should strengthen religion 22. identify the set for the word ‘OPAL’. (c) should work for spiritual Matrix – I development of every human being Matrix – I (d) Both (a) and (c) 0 1 2 3 4 27. Which of the following is correct? 0 K B M M I (a) A good religion supports wars if 1 J B C L G necessary 2 A L F L E (b) A good religion grants a number 3 H J D E K of privileges to people 4 J K E G M (c) A good religion divides man from man From the details, find out the number Matrix – II (d) A good religion supports of rural people who are not educated. democratic system (a) 28 (b) 16 Matrix – II 28. The writer of the passage stresses the (c) 44 (d) 56 5 6 7 8 9 importance of 23. From the given answer figures, select 5 Q O Z V P (a) religion the one in which the question figure is (b) science hidden/ embedded 6 U Z X X R 7 R P Z Z P (c) science and democracy (d) democracy 8 U O Z Z P 29. The writer says that 9 W U X S R (a) educated people are likely to accept faith not supported by (a) 86, 33, 55, 59 reason (b) 86, 89, 20, 66 (b) people should have (c) 56, 76, 20, 21 unquestionable faith in religion (d) 56, 59, 76, 89 (c) faith and reason are two separate ENGLISH LANGUAGE entities (d) faith without rational evidence 24. If a mirror is placed on the line MN, Directions (26-30): Read the passages may not be acceptable to the then which of the answer figures is the carefully and choose the best answer to educated people right image of the given question figure? each question out-of the four 30. What, according to the writer, is the role alternatives. of religion in the present age? The two dominant features of our age are (a) To promote rational thinking science and democracy. They have come to (b) To inculcate scientific spirit in man stay. We cannot ask educated people to (c) To strengthen faith in democracy accept the deliverances of faith without (d) To develop faith in God rational evidence. Whatever we are called Direction (Q. 31-32): In the following upon to accept must be justified and question, some parts of the sentences supported by reason. have errors and some are correct. Find Otherwise our religious beliefs will be out which part of a sentence has an error. reduced to wishful thinking. Modern man The number of that part is your answer. must learn to live with a religion, which If a sentence is free from error, then your commends itself to his intellectual answer is (d) i.e. No error. conscience, to the spirit of science. Besides, 25. A word is represented by only one set religion should be the sustaining faith of 31. The artist, plainly a better critic (a)/than of numbers as given in any one of the democracy, which insists on the intellectual painter destroyed what (b)/he made alternatives. The sets of numbers given and spiritual development of every human over for ten years. (c)/ No error (d) in the alternatives are represented by being irrespective of his caste, creed, 32. The job for drawing water (a)/from the two classes of alphabets as shown in community or race. Any religion which village well is usually (b)/carried out the given two matrices. The columns divides man from man or supports by the women and young girls. (c)/ No and rows of Matrix –I are numbered error (d)

75 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Direction (Q. 33-34): In the following (a) Vicarious 46. The project has been given funding for questions choose the word which is most (b) Nondescript another year, but it is not out of all OPPOSITE in meaning of the given (c) Subversive woods yet. word. (d) Sinewy (a) out of woods (b) outing of the woods 33. PROFANE Direction (Q.41-42) : A sentence has (c) out of the wood (a) Patch (b) Sacred been given in Active/Passive Voice. Out (d) No improvement (c) Mend (d) Exalt of the four alternatives suggested, select 34. EXPURGATE the one which best expresses the same Direction (Q.47-48) : In the following (a) Bowdlerize sentence in Passive/Active Voice and questions choose the word which is most (b) Approve mark your answer in the answer sheet. nearly the SAME in meaning of the (c) Censor given word. (d) Cleanse 41. People claim to have seen the suspect in several cities. 47. DWINDLE Direction (Q. 35-36): In these questions, (a) The suspect is being seen in (a) Aggravate (b) Diminish four alternatives are given for the idiom/ several cities. (c) Flourish (d) Increase phrase given in bold in the sentence. (b) The suspect is claimed to have 48. MAMMOTH Choose the alternative, which best been seen in several cities. (a) Quiet (b) Trivial expresses the meaning of the idiom/ (c) The suspect is claimed to be seen (c) Huge (d) Small phrase. in several cities. Direction (Q.49) : In each of the (d) The suspect is claimed to have following questions, a sentence has been 35. Settle a score seen in several cities. given in Direct/Indirect Speech. Out of (a) within a short time 42. Sameer is playing guitar in his house. the four alternatives suggested select the (b) take revenge (a) Guitar is being played by Sameer one which best expresses the same (c) inadequate comfort in his house. sentence in Indirect/Direct Speech. (d) pay attention (b) Guitar is to be played by Sameer 36. Off the hook in his house. 49. The boys said, “Hurrah! We have won (a) No longer in Jeopardy (c) Guitar is being played by Sameer. (b) to discuss about life lessons the match”. (d) Guitar is played by Sameer in his (a) The boys exclaimed with Joy that (c) to make fall others into difficulty house. they won the match. (d) to put oneself into trouble (b) The boys exclaimed with Joy that Directions (Q.43-44) : Fill in the blanks had to win the match. Direction (Q. 37-38): Four words are with appropriate options. given in each question, out of which one (c) The boys exclaimed with shock word is wrongly spelt. Find the 43. He was ______at being excluded that they had won the match. incorrectly spelt word. from the meeting. (d) The boys exclaimed with Joy that (a) vanguard (b) peeved they had won the match. 37. (a) Possessions (c) upfront (d) savant Directions (Q. 50) : In the following (b) Sheriff 44. Ravi was so ______that he question, the first and the last part of (c) Hygiene could hardly stand. the sentence are numbered 1 and 6. The (d) Restaurataeur (a) perjure (b) puddle rest of the sentence is split into four parts 38. (a) Bellweather (c) emaciated (d) rogue (b) Reverend and named P, Q, R and S. These four (c) Clientele Direction (Q. 45-46) : A part of the parts are not given in their proper order. (d) Thirtieth sentence is bold. Below are given Read the parts and find out which of the alternatives to the underlined part at four combinations is correct. Direction (Q. 39-40) : In these questions, (a),(b),(c) which may improve the 50. 1. This is about footage and out of the four alternatives choose the sentence. Choose the correct photographs of two events, like one which can be substituted for the alternative. In case no improvement is two strips of memory; cutings given words/sentence. needed your answer is (d). from everydayness. 39. Sudden or unpredictable changes of 45. The architects gave their cue for the P. It is a blood sport. The mob picks mood or mind. design of the new hotel from the nearby up Sameyddin, a 65-year-old man, (a) Middling banks. and forces him to confess. (b) Minatory (a) got their cue Q. One of them, from Hapur in (c) Maverick (b) took their cue Uttarpradesh this month, (d) Mercurial (c) demanded their cue R. Shows a vigilante group hunting 40. Intended to destroy the power of (d) No improvement for alleged cow slaughterers and influence of a government or an smugglers. established belief

76 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

S. It then drugs a 45-year-old, 60. The sides PQ, QR, RS and SP of a 37 43 quadrilateral have the equations x + 2y Qasim, like a sack before it a) 6 b) 6 lynches him. 49 49 = 3, x = 1, x – 3y = 4, 5x + y + 12 = 0 6. He begs for water as he is being respectively, then the angle between beaten up, but the mob refuses. 37 43 the diagonals PR and QS is: (a) QRPS (b) PQRS c) 4 d) 4 (a) 30° (b) 45° (c) QRSP (d) PQSR 49 49 (c) 60° (d) 90° 56. Two circles touch externally each other 61. The length of the shadow of a vertical QUANTITATIVE APTITUDE at point P. From any point T of their tower on level ground increases by 10 common tangent P, the tangents TQ metres when the altitude of the sun 51. If a + b + c = 0, then the value of and TR are drawn. If the centre of larger changes from 45° to 30°. Then the circle is M and MP = 8cm and MT = height of the tower is 1  12 cm then TQ = ? (a  b)(b  c) (a) 5 3 metre (b) 10( + 1) metre 1 3 (a  c)(b  a) (c) 5( 3 + 1) metre 1 (d) 10 3 metre  (c  a)(c  b) is 62. Pipes P and Q can fill a tank in 10 and 12 hours respectively and C can empty it a)1 b)0 in 6 hours. If all the three are opened at c)- 1 d)- 2 7 a.m., at what time will one fourth of a) cm b) cm 52. If 20% of (A + B) = 50% of B, then 5 2 2 5 the tank be filled? a) 10 a.m. b) 10 p.m. c) cm d) cm 2A  B 4 5 5 4 c) 11 p.m. d) 11 a.m. value of is 2A  B 57. 11 6  6  6 ...... ? 63. A and B together can do of a work. 1 1 19 a) b) a) 2.3 b) 3 2 3 c) 6 d) 6.3 In the same time B and C together can 58. In the given figure, AOB is a straight 14 1 o c) d)1 line. If AOC  3x 10 , do of the same work. The ratio of 4   19 53. The curved surface area and the total COD  50o and work done by A, B and C is surface area of a cylinder are in the ratio a) b) o 3: 4 : 5 4 : 5 : 7 1 : 2.If the total surface area of the then BOD  x  20 , c) d) right cylinder is 616 cm², then its 5: 6 :8 5: 7 :8 volume is? AOC  ? 64. The length of each side of an equilateral (a) 1232 cm³ (b) 1848 cm³ triangle is cm. The area of the (c) 1632 cm³ (d) 1078 cm³ 14 3 54. Divide Rs. 1250 among A, B, C so that incircle, in cm2 , is 2 3 a) 450 b) 308 A gets of B’s share and C gets of c) 154 d) 77 9 4 65. The simplest value of sin 2 50+sin2 A’s share. 100+sin2 150+...... +sin2 850+sin2 900 is: a)Rs. 200, Rs 800, Rs 250 a) 40o b) 60o b)Rs 200, Rs 900, Rs 150 1 o o a) 8 b) 1 c)Rs 150, Rs 800, Rs 300 c) 80 d) 50 2 d)Rs 200, Rs 900, Rs 75 59. For a certain article, if discount is 25% the profit is 25%. If the discount is 1 3 2 3 2 10%, then the profit is c) 9 d) 9 55. If p = and q = , a) 50% b) 40% 2 3 2 3 2 66. The average of seven numbers is 18. If then p2 + q2 - pq will be equal to 1 one of the numbers is 17 and if it is c) 30% d) 33 % 3

77 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

replaced by 31, then the average 78. Which of the following Buddhist texts becomes : lays down the regulations for a) 21.5 b) 19.5 management of Sangha and rule of c) 20 d) 21 conduct for the monks? 67. A can contains a mixture of two liquids (a) Adhibhamma-pitaka A and B in the ratio 7 : 5. When 9 liters (b) None of these of the mixture is drawn off and the can (c) Vinaya-Pitaka is filled with B, the ratio of A and B (d) Sutta-Pitaka becomes 7 : 9. How many liters of 79. Who head the boundary commission liquid A was contained by the can appointed to demarcate the boundary initially? between India and Pakistan? (a) 10 (b) 20 (a) Sir Stafford Crips (c) 21 (d) 25 72. If the ratio of production of Steel in (b) Lord Mountbatten 68. A jogger running at 9 kmph alongside a India to that in Pakistan is 5 : 3 and the (c) Cyril Radcliff railway track is 240 metres ahead of production of Steel in India is 1000 (d) Pethic Lawrence the engine of a 120 metre long train tonnes, what is the ratio of the 80. Which hill station is called as the ‘Queen running at 45 kmph in the same productivity (production/no. of of the Satpuras’ direction. In how much time will the factories) of Steel in India to that of (a) Pachmarhi train pass the jogger ? Pakistan? (b) Nilgiri (a)30 seconds a)5 : 4 b)4 : 3 (c) Mahenderagiri (b)32 seconds c)3 : 2 d)2 : 1 (d) Cardamom (c)34 seconds 73. What is the difference between the total 81. The spiral flow in a stream caused by (d)36 seconds number of factories in India and that in channel shape is called 69. The difference between the interior and Pakistan? (a) stream flow exterior angles of a regular polygon is a)250 b)100 (b) laminar flow 600. the number of sides in the polygon c)50 d)5 (c) turbulent flow is 74. The number of Cotton factories in (d) helical flow a) 4 b) 5 Pakistan is what percent of the total 82. Which is most fertile region of India? c) 6 d) 8 number of Cement factories in India? (a) Peninsular plateau 70. A certain amount of money earns Rs. a)53.5% b)59.9% (b) The Indo-Gangetic plain 540 as a simple interest in 3 years. If it c)57.14% d)50% (c) The East Coastal plains earns a compound interest of Rs. 75. If Pakistan and India export 40% and (d) The central Highlands 376.20 at the same rate of interest in 2 30% respectively of their production 83. The provision of Preventive Detention years. Find the principal? of Fertilizer, then what is the difference is mentioned in which of the following (a) 1600 (b) 1800 between the amounts of Fertilizer they articles? (c) 2100 (d) 2000 used for themselves? (The production (a) Article 20 (b) Article 21 71. What is the value of of Pakistan is 50 tonnes per factory (c) Article 22 (d) Article 23 and that of India is 60 tonnes per 84. Which of the following is correct? 3  cos39  factory) (a) If both the President and Vice-   President resign, the Speaker of 2 sin 51 a)15 tonnes b)0 tonne   c)35 tonnes d)32 tonnes the Lok Sabha will act as President till a new President is elected  sin 2 39  sin 2 51  ? GENERAL AWARENESS (b) The Constitution of India prescribes both the minimum and 1 5 76. Which of the following rulers died while maximum age limits for contesting a) b) playing ‘Chaugan’? the Presidential election 2 2 (a) Balban (c) In the event of resignation of the 1 5 (b) Sher Shah Suri President, the Vice-President will c)0 d)Both and (c) Quatab-ud-din-Aibak act as President for the residual 2 2 (d) Jalal-ud-din Khilji period of the President’s tenure 77. Who said “ I therefore want freedom (d) In India, the President is a part of Directions: (Q.72-75): Study the bar immediately this very night, before the Parliament chart carefully to answer the questions dawn if it can be had”? 85. Match the following :- given below : (a) Pt. Jawarharlal Nehru Parliamentary Terms The number of factories of various (b) Dr. Rajendra Prasad A. Starred Question industries in India and Pakistan (c) Mahatma Gandhi B. Unstarred Question (d) Annie Besant C. Short Notice Question

78 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Meaning (a) Hund’s 5. b; All others are perfect cube. 1. One asked by a member on (b) Exclusion Principle of Pauli 6. c; In option (c) difference of 6 and other matters of public importance of (c) Uncertainty Principle of Heisenberg having 14 difference between an urgent nature (d) Avogadro’s Law alphabets. 2. One for which the Concerned 94. An atomic pile is used for :- 7. d; The correct sequence is - minister has to lay on the table a (a) Producing x-rays 5, 3, 1, 2, 4 written answer (b) Conducting nuclear fission 8. d; 3. One for which an oral answer is (c) Conducting thermonuclear fusion Chattishgarh, Uttarakhand, required to be given by a minister (d) Accelerating atoms on the floor of the House 95. First Bank to introduce Cheque system Jharkhand, Telangana Codes: in India ? Sequence of new A B C (a) Bengal Bank states formed (a) 1 2 3 (b) ICICI Bank (b) 2 1 3 (c) Central Bank of India 9. d; (c) 3 1 2 (d) Yes Bank (d) 3 2 1 96. Who Wins Royal Cup at Pattaya ? 86. Jacobson’s organ (Vomeronasal Organ) (a) Shiv Kapur related to :- (b) Arjun Atwal (a) Hear (b) Touch (c) Aditi Ashok (c) Vision (d) Smell (d) 10. d 87. Which one of the following glands in the 97. ‘Cue’ is a term used in which of the human body stores iodine? following sports disciplines? 13 2 1  27 (a) Parathyroid (a) Billiards (b) Football (b) Thyroid (c) Hockey (d) Chess 27  2  2  56 (c) Pituitary 98. Microprogramming is designing of 56 2  3 115 (d) Adrenal ______88. Which of the following diseases is not (a) ALU (b) CPU 115 2  4  234 caused by viruses? (c) ROM (d) Control Units 11. b

(a) Cholera (b) Chickenpox  21  99. The shared burden of taxation on  7 x   4     15  (c) Hepatitis (d) Measles  5 x    9 customer and producer implies  4  89. Which among the following is a (a) Inelastic supply and elastic carbohydrate ? demand (a) Nylon (b) Elastic supply and demand 12. a (b) Cane sugar (c) Inelastic supply and demand (c) Turpentine (d) Elastic supply and inelastic (d) Hydrogen peroxide demand 90. Silk fibre chemically is : 100. Open Market Operation is: (a) Carbohydrate (a) Buying and selling bills of exchange (b) Fat (b) Buying and selling govt. securities First and last five letters are in reversed (c) Protein (c) Buying and selling shares of order +1 and -1 respectively, then (d) Cellulose companies middle letter decreased by 1. 91. The total energy of revolving electron in (d) Buying and selling foreign exchange 13. c; manmanmanmanman an atom 14. a; 4 + 5  9/3 – 4 = 15 (a) Can not be negative  (b) Can have any value above zero 15. d; All are different categories. (c) Can never be positive 16. b; 30 meters, North (d) Will always be positive EXPLANATIONS 17. b; Vipul is the brother of that girl. 92. What happens when a chemical bond is 18. a; Series are 1, 4, 9, 16 and 1, 2, 3 and 4 formed? 1. c; Pulp is the basic raw material used in and 2, 4, 6, 8. (a) Energy is always absorbed the production of paper, Similarly 19. a; There is gap of 2 in between alternate (b) Energy in always released hemp is used to make rope. numbers, 25 – 2 = 23, 23 - 2 = 21, 21 – (c) More energy is released than is 2. c; Biologically, mango is a fruit, while 2 = 19 absorbed potato is a modified stem. 20. b; Here common number is 3 write clock wise; (d) Energy is neither released nor 10 14 absorbed 3. a;  2  7. Therefore,  2  9 93. “All the four quantum numbers of two 2 2 electrons in an atom are not the same”. 4. a; Nylon is synthetic, all others are It is the law of :- natural So, 1 is the opposite of 4

79 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

21. a; Day before yesterday was Sunday. 2 1  p 2  q 2  pq Therefore, today is Tuesday.   Day after tomorrow will be Thursday. 4 2 2 Thursday + 3 = Sunday  p  q  pq 22. c 23. c 2rh 1 24. c; According to mirror image concept  2 53. d; 2 12 2  ans (c) is correct 2rh  2r 2    1 25. c  7  2rh 10     616 2 144 2 288  49  1   2rh  308 ...... (i) 49 49 2 26. d 27. d 28. c 29. d  2rh  2r  616 ...... (ii) 337 43 30. b From (i) and (ii)   6 (31-32) r = 7 ...... (iii) 49 49 31-c; Add ‘had’ before ‘made’ (past perfect) From (i) and (iii) 56. c; TP is tangent of the circle. 32-a; Replace ‘for’ with ‘of’ h = 7  TPM  90o 33. b 34. b 35. b 36. a volume = r 2h 37. d 38. a 39. d 40. c In ΔTPM 41. b 42. a 43. b 44. c 22 TP 2  TM 2  PM 2 122 82 45. b 46. a 47. b 48. c   7 7 7  1078 cm3 49. d 50. a 7 144  64  80 1 2 2B  TP  80  4 5cm 51. b; 54. b; A  B  a  bb  c 9 9 Now, TP and TQ both are the tangent from an exterior point on same circle. 1 3A 4  C  A  C  TQ=TP=4 5 cm a  cb  a 4 3 Ratio of A : B : C  4 :18 :3 57. b; Let 6  6  6 ......  x 1  4 On squaring both sides. c  ac  b Share of A = 1250  Rs.200 25 6  6  6 ......  x2 c  a  b  c  a  b 18  Share of B = 1250  Rs.900  6  x  x2 a  bb  cc  a 25 2 3  x  x  6  0 2a  b  c  Share of C = 1250  Rs.150  25  x2  3x  2x  6  0 a  bb  cc  a 3 2 3 2  xx  3 x  3  0 55. b; p  q   = 0 because a  b  c  0 3 2 3 2  x  2x  3  0 20 50 2 2 52. a; A  B  B 3 2  3 2  x  3 100 100      3 23 2 Because x  2 A  B B   58. c; Since AOB is a straight line. 5 2 43 2 12 2 We have =  2  3x 10  50  x  20 180  2A  2B  5B 32  2 7    4x 120  2A  3B 3 2 3 2  x  30 3B  B 2B  1 o   pq = AOC  330 10  80o 3B  B 4B 3 2 3 2

80 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

59. a; If the marked price be Rs. x and cost 10  5 3 1 price be Rs.100, then,    21 3 7 3  21cm x75  AC  5 3 1  OD = Radius of circle = 125 100 62. b; Part of tank filled in 1 hour when all 1 three pipes are opened  21  7 cm 3 125100 500 1 1 1  x   Rs. =   2 75 3 10 12 6  Area of circle = π r S.P. after a discount of 10%= 6  5 10 1 22    77 154 500 90 sq.cm.   Rs.150 60 60 7 3 100  The tank will be filled in 60 hours. 65. c; 5, 10, 15……90 is an arithmetic One fourth of the tank will be filled in Gain percent = 50% sequence whose first term =5 and 15 hours i.e. the tank will be filled at common difference = 5. It the number 60. d; x+2y = 3 ...... (i) 10 p.m. of terms be n, then 5x+ y = - 12 ...... (ii) 63. c; Work done by (A+B+C) = 1 From (i) and (ii) t  a  n 1d x = - 3, y = 3 11 n Co-ordinates, of p ( - 3, 3) Work done by (A+B)=  90  5  n -15 Similarly, Q (1, 1), R (1, - 1), and S (- 2, 19 2) 14  85  n -15 Work done by (B+C) = 1 3 19  n 1  17 M , slope of PR =  1 1 1 3  n 18 14 5 (Note : Divide 90 by 5 to get number Work done by A= 1   2 1  of terms here) M , slope of SQ = 1 19 19 2  2 1 Expression = 11 8 2 o 2 o M  M  1{when two lines are Work done by C = 1  sin 5  sin 85  1 2 19 19 perpendicular)  sin 210o  sin 2 80o    900 14 8 6 θ Work done by B =   ...... 8 terms + 61. c; 19 19 19  Required ratio = sin 2 45o  sin 2 90o 5 6 8  sin 2 5o  cos 2 5o  : :  5: 6 :8   19 19 19 2 o 2 o sin 10  cos 10  + ………. 64. c 2  1  8 terms +   1  2 

BD : AC o sin90  θ cosθ 3 1:1  2 2  ;sin θ  cos θ 1  1 1: 1 1 3 1 BD  DC  7 3 cm  81 1  9 2 2 2 2 3  2 AD  AB  BD 66. c; Difference = 31 – 17 = 14 1: Required average = 2 2 2  14 3  7 3 14 10 3 1 18   20 10 :    14 3  7 314 3  7 3 7 2

81 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

67. c; Suppose the can initially contains 7x Productivity of Steel in Pakistan 1 and 5x litre of mixture A and B  180n  360  360 60 respectively 600 n = = 1 tonnes per factory Quantity of A mixture left= 600 1  7   180n  720 60 Reqd. ratio = 1 : 25 : 1 = 125 : 100 = 5 7x  9 n : 4  12  73. b; Total factories in India = 300 +500  180n  720  60 +500 +700 + 800 = 2800  21  120n  720 Total factories in Pakistan = 500 +400 7x   +700 +500 + 600 = 2700 litre= 4 litre   720 Reqd. difference = 2800 – 2700 = 100 Quantity of B in mixture left  n   6 74. c; Total number of cotton factories in 120 Pakistan = 400  5  Total number of cement factories in = 5x  9 litre P  R 3 India = 700  12  70. d; 540= 100 400100  15  PR=18000 Reqd. % = = 57.14% of 5x   700 = litre 2  4   R   the number of cement factories in India. 1  1 75. b; Production of fertilizer in C.I=P  100   21   Pakistan = 50  700 = 35000 7x    4  tonnes  r 2PP Export of Pakistan is 40% of its  15  376.20=P  r   5x    9 10000 100 production.  4  Then, the Fertilizer used by Pakistan 376.20=1.8  r  2180 16.2=1.8r 60 itself = 35000 = 21000 7 28x  21 7 r=9% =   100 PR=18000 9 20x  21 9 tonnes P=2000  252x-189=140x+147 Production of Fertilizer in India = 112x=336x=3 3 cos39 2 2 60 500 = 30000 tonnes  71. a;  sin 39  sin 51  So, the can contained 21 litre 2 sin51 India exports 30% of its production. 68. d; Speed of train relative to jogger = So, Fertilizer used by India itself (45-9) = 36 kmph= 36  (5/18) = 10 3 sin(90  39)    70 m/sec 2  sin 51  = 30000 = 21000 tonnes Distance to cover = 240 + 120 = 360 100 metres 2 2 Reqd. difference = 21000 – 21000 = 0 Time = Distance/Speed  cos (90  39)  sin 51 tonne So, 3 1 360  1  76. c 77. c 78. c 79. c Time= =36 Seconds 2 2 80. a 81. d 82. b 83. c 10 72. a; Production of Steel in India = 84. d 85. d 86. d 87. b 69. c; Here interior angle – exterior angle = 88. a 89. b 90. c 91. c 60o 1000 tonnes Productivity of Steel in India = 92. b 93. b 94. b 95. a n  2180 360 96. a 97. a 98. d 99. b    60 1000 n n = 1.25 tonnes per factory 100. b 800 1 Production of Steel in Pakistan  n  2180  360 60  n 3 =1000 = 600 tonnes 5

82 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

1. Rain drops fall from great height. Which (a) Equal to that of light 10. Which one of the following instruments among the following statements is true (b) Less than that of light is used to study dispersion of light? regarding it? (c) Greater than that of light (a) Microscope (a) They fall with that ultimate (d) Equal to that of sound (b) Telescope velocity which are different for 6. Which set of conditions represents the (c) Spectrometer different droplets easiest way to liquefy a gas? (d) Photometer (b) They fall with same ultimate (a) Low temperature and high 11. The sensation of weightlessness in a velocity pressure spacecraft in an orbit is due to the : (c) They velocity increases and they (b) High temperature and low (a) Absence of gravity outside fall with different velocity on the pressure (b) Acceleration in the orbit which is earth (c) Low temperature and low equal to the acceleration due to (d) Their velocity increases and they pressure gravity outside fall with same velocity of the earth (d) High temperature and high (c) Presence of gravity outside but 2. Which of the following statements is pressure not inside the spacecraft true when we see rainbow? 7. When a bottle of scent is kept open in a (d) Fact that spacecraft in the orbit (a) We face sun and raindrops comer of a room its odour is felt in all has ho energy (b) The Sun remains behind us and parts of the room. This is due to the 12. Energy that is produced commercially we face raindrops phenomenon of : from coal is called : (c) In light rainfall we face sun (a) Evaporation (a) Light energy (d) The sky remains clear and the sun (b) Vaporization (b) Kinetic energy is at lower position in the sky (c) Diffusion (c) Thermal energy 3. The snow on the mountains does NOT (d) Sublimation (d) Potential energy melt all at once when it is heated by 8. An electron microscope gives higher 13. Why two thin shirts can keep us warmer the sun because : magnification than an optical than a single thick shirt in winter? (a) It becomes very hard microscope because : (a) Two thin shirts become thicker so (b) It reflects most of the heat from (a) It uses more powerful lenses prevent transmission of heat the sun (b) The velocity of electron is smaller (b) Air layer between two shirts (c) It has a low specific heat capacity than that of visible light works as good conductor (d) It has a high latent heat of fusion (c) The electrons have more energy (c) Air layer between two shirts 4. A person standing on a railway platform than the light behaves like insulating media listens to the whistles of arriving and (d) The wavelength of elections is (d) No radiation of heat takes place departing trains. The whistle heard is : smaller as compared to the 14. What should a person on a freely rotating (a) The same in both cases in all wavelength of visible light turntable due to decrease his (angular) respects 9. The mass energy relation is the outcome speed? (b) Of higher intensity when train of : (a) Bring his hands together arrives (a) Quantum theory (b) Raise his hands up (c) Of higher pitch when train arrives (b) General theory of relativity (c) Spread his hands outwards (d) Of higher pitch when train departs (c) Field theory of energy (d) Sit down with raised hands 5. The velocity of heat radiation in vacuum (d) Special theory of relativity 15. The three elements most needed in is : common fertilizers are :

83 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(a) Sulphur, Phosphorous and sodium 24. One of the constituents of the pancreatic (c) Crepuscular (b) Nitrogen, Potassium and juice which is poured into the (d) Parasite Phosphorous duodenum in humans is : 33. First scientific account of the origin of (c) Phosphorous, Sodium and (a) Trypsinogen life was given by ______. Nitrogen (b) Chymotrypsin (a) Aristotle (b) Darwin (d) Calcium, phosphorous and (c) Trypsin (c) Lamark (d) A.I. Oparin Potassium (d) Enterokinase 34. Ottawa is the capital of which country? 16. By which organic compound all the oils 25. The layer of cells that secrete enamel of (a) Canada (b) Chile are known? tooth is : (c) Cuba (d) Denmark (a) Carbohydrate (a) Osteoblast 35. Nelson Mandala International Day is (b) Protein (b) Odontoblast celebrated in which date? (c) Hydrocarbon (c) Dentoblast (a) August 12 (b) July - 12 (d) Easter (d) Ameloblast (c) June – 12 (d) May 12 17. Which one of the following metals is 26. Calcium deficiency in the body occurs 36. Which book was written by Arundhati used to galvanise iron? in the absence of : Roy? (a) Copper (b) Lead (a) Vitamin C (b) Vitamin D (a) The Post Office (c) Zinc (d) Mercury (c) Vitamin B (d) Vitamin E (b) The Cost of Living 18. What is the element required for solar 27. The term “Halitosis” denotes which (c) My life & time energy conversion? among the following? (d) Foundation of the future (a) Beryllium (b) Tantalum (a) Bad hearing 37. Who has won the women’s single French (c) Silicon (d) Ultra pure carbon (b) Bad breathe open tennis tournament 2018? 19. Which of the following metals from an (c) Baldness (a) Serena Williams amalgam with other metals? (d) Excessive Sweating (b) Garbina Nuguruza (a) Lead (b) Tin 28. Which of the following organism grows (c) Angelique Kerber (c) Zinc (d) Mercury on Common Bread? (d) Simona Halep 20. Which of the following compounds is (a) Bacterium 38. Which team won the 2018 Uber cap, the commonly used as an antiseptic in (b) Yeast women’s World Badminton mouthwashes and toothpastes? (c) Mucor Championship? (a) Borax (d) Virus (a) Japan (b) Saltpeter 29. Enzymes first used for nitrogen fixation: (b) Thailand (c) Hydrogen peroxide (a) Nitrogenase (c) Bangladesh (d) Sodium chloride (b) Nitroreductase (d) Indonesia 21. Catalyst is a substance which : (c) Transferase 39. Which of the following city was held (a) Increases the rate of the reaction (d) Transaminase India – China informal summit on April (b) Decreases the rate of reaction 30. Some of the enzymes, which are 27-28, 2018? (c) Has no action on the rate of the associated in converting fats into (a) Shanghai (b) Wuhan reaction carbohydrates, are present (c) Beijing (d) Shenzhen (d) Hastens the attainment of in : 40. India’s very own Global Positioning equilibrium (a) Microsomes System (GPS) which is set to hit the 22. Hydrogen is not found in atmosphere (b) Glyoxysomes market for public use in early 2018 is because : (c) Liposomes known as the “Indian Regional (a) It is highly inflammable (d) Golgi bodies Navigation Satellite System” (IRNSS) (b) It is the lightest gas 31. The basic functional unit of human its operational name is : (c) It is absorbed by plants kidney is : (a) NASIK (b) NASIC (d) It immediately combines with (a) Nephridia (c) NAVIC (d) NAVIk oxygen to form water (b) Henle’s loop 41. Which state govt. has signed part with 23. Which one of the following organic (c) Nephron Quebec province of Canada for compounds has fruity smell? (d) Pyramid economic cooperation and welfare of (a) Alcohol (b) Aldehyde 32. A animal which is most active at dusk tribal communities? (c) Ester (d) Ether and dawn is called ______. (a) Kerala (a) Nocturnal (b) Gujurat (b) Diurnal (c) Maharashtra (d) Karnataka 84 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

42. The Hasdeo Thermal power station 49. From a point P, two tangents PA and PB 56. What is the least number which when (HTPS) is located in which state? are drawn to a circle with centre O. If divided by the numbers 3, 5, 6, 8, 10 (a) Maharashtra OP is equal to diameter of the circle, and 12 leaves in each case a remainder (b) Gujurat then  APB is 2 but when divided by 17, leaves no 0 0 remainder? (c) Odisha a)45 b)90 c)300 d)600 a)3120 b)9621 (d) Chhattisgarh c)1562 d)1802 43. Who has been elected is the new 50. The distance between two pillars of length 27 metres and 12 metres is x 57. Simplify : president of Colombia? metres. If two angles of elevation of (a) Enrique Gil Botero 76 5 32 their respective top from the bottom Log  2 Log  Log (b) Ivan Duque marquez of the other are complementary to each 16 9 243 (c) Juan Manual Santos other, then the value of x (in metres) is: a)1.020 b)1.2 (d) Gustavo petro a)18 b)16 c)0.3010 d)2.02 44. Under which campaign the ‘Jan c)12 d)9 58. The base of a right pyramid is a square Aushadhi Savidha” the Oxo- 51. If sec θ  tan θ  3 00  θ  900 ; then of side 18 cm long. If its height is 12 biodegradable sanitary Napkin has cm, then the lateral surface area (in tan2 is 2 been launched by the Union  cm ): Government? a)136 b)540 1 c)800 d)1280 (a) Pradhan Mantri Gramin a)undefined b) 3 59. A train passes two person walking in Janaushadhi Pariyojana. the same direction at a speed of 4 km/ (b) Pradhan Mantri Bhartiya hr and 6 km/hr respectively in 12 sec Janaushadhi Pariyojana. 1 c) d) 3 and 13 seconds respectively. The speed (c) Pradhan Mantri Nagariya 2 of the train is : Janaushadhi Pariyojana. 52. a : b = b : c, then a4 : b4 is equal to a)30 km/hr b)27 km/hr (d) Pradhan Mantri Nari Janaushadhi a)ac : b2 b)a2 : c2 c)25 km/hr d)24 km/hr rd th Pariyojana. c)c2 : a2 d)b2 : ac 60. The 3 and 8 term of an arithmetic 45. Which Indian beach has became the 53. A can do as much work as B and C progression are - 14 and 1 respectively. What is the 11th term? Asia’s first beach to get the Blue flag together can do. A and B together can do a piece of work in 9 hours 36 a)14 b)16 certification? c)20 d)10 (a) Chandrabhaga beach minutes and C can do it in 48 hours. The time (in hours) that A needs to do 61. From the given answer figures, select (b) Chiwla beach the work alone is : the one in which the question figure is (c) Benaulim beach a)16 b)24 hidden/embedded. (d) Bhogave beach c)30 d)12 46. 110 is divided into two parts in such a 54. In an isosceles triangle, the measure of way that one-fifth of the first part and one-eighth of the second part are in the 10 each of equal sides is cm and the ratio 3 : 5. The first part is : 2 a)30 b)36 angle between them is 450. The area of c)40 d)28 the triangle is : 2x  3 2y  3 2z  3 47. If    0 , then 25 x y z a)25 cm2 b) cm2 2 1 1 1 62. 8 : 28 : : 27 : ? the value of   is: c)25 cm2 d)25 3 cm2 a) 85 b) 28 x y z 2 55. In a shop, shirts are usually sold at 40% c) 8 d) 64 a)2 b)3 above the cost price. During a sale, the 63. How many cubes are there in the c)4 d)6 shopkeeper offers a discount of 10% following figure? 48. Rs. 6000 becomes Rs. 7200 in 4 years at off the usual selling price. If he manages a certain rate of S.I. If the rate becomes to sell 90 shirts for Rs. 13,608, then 1.5 times of itself, the amount of the his cost price per shirt (in Rs.) is : same principal in 6 years will be : a)210 b)150 a)Rs. 8000 b)Rs. 8250 c)149 d)120 c)Rs. 8700 d)Rs. 9000

85 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

a) 6 b) 10 Directions (Q.69): If a mirror is placed 75. If MADRAS is coded as 517916 and c) 12 d) 8 on the AB, then which of the answer TENANT is coded as 432124, how 64. Which one of the given responses would figures is the right image of the given would you encode RMATSN? be a meaningful order of the following? figure? a) 851353 b) 951363 1. Seed c) 951462 d) 941562 69. 2. Plant 3. Germination  4. Embryo 5. Flower 6.Fruit ANSWER KEYS a) 1,5,3,4,2,6 1. a 2. b 3. b 4. c b) 1,4,3,2,5,6 5. a 6. a 7. c 8. d c) 6,5,4,3,1,2 9. d 10. c 11. b 12. c d) 1,5,6,4,2,3 13. c 14. c 15. b 16. c 65. Two statements are given followed by 17. c 18. c 19. d 20. d two conclusions I and II. You have to 21. d 22. b 23. c 24. a consider the two statement to be true 25. d 26. b 27. b 28. c even if they seem to be at variance from 70. From the given alternatives words, select 29. a 30. b 31. c 32. c commonly known facts. You are to the one which can be formed using the 33. d 34. a 35. b 36. b decide which of the given conclusions, letters of the given word. 37. d 38. a 39. b 40. c if any, follow from the given INFATUATION 41. c 42. d 43. c 44. b statements. a) FUTURE b) INFANT 45. d Statements: 1. Some human creatures c) ACTION d) AUCTION 46. a; Let 1st part = x are angles. 71. Mr. Mani’s age is 47 years and John’s 2nd part = 110 – x 2. All angles are doctors. age is 13 years. In how many years Conclusions: I. Some human creatures will Mr. Mani’s age be double of John’s x are doctors. age? 5 3 II. Some doctors are human creatures. a) 20 years b) 21 years  a) Only I follows c) 10 years d) 15 years 110  x 5 b) Only II follows 72. A is the mother of D and sister of B. B 8 c) Neither I nor II follows has a daughter C, who is married to F. 40x = 15 110 – 15x d) Both I and II follow G is the husband of A. How is G related  66. Which number will appear at the bottom to D? 15110 face in last cube? a) Uncle b) Husband  x = = 30 c) Son d) Father 55 73. If the 25th of August in a year is Thursday, the number of Mondays in 2x  3 2y  3 2z  3 47. a;    0 a) 3 b) 4 that month is x y z a) 3 b) 4 c) 6 d) 1 2x 3 2y 3 2z 3 67. Laxman went 15 km to North, then he c) 5 d) 6        0 x x y y z z turned West and covered 10 km. Then, Directions (Q.74) : In the following he turned South and covered 5 km. question, select the related figure from 3 3 3 Finally turning to East he covered 10 the given alternatives.     2  2  2 km. In which direction he is from his x y z house? 74. a) East b) West 1 1 1 c) North d) South     2 x y z Directions (Q.68): In the following question, select the one which is 48. c; S.I. = Rs. (7200 – 6000) = Rs 1200 different from other three responses. 6000 R  4  1200 = 68. a) Political Science 100 b) History c) Philosophy  R = 5% d) Physics New rate = 5  1.5 = 7.5% 60007.56 S.I. =  Rs 2700 100 86 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Amount = Rs. 8700 sec + tan – sec + tan = 49. d θ θ θ θ 10 AB = AC = cm, 1 2 3  3 1 Area = bc sin A. 2 2 2 tan θ = 3 1 10 10 Let OA = OB = r    sin 450 OP = 2r 1 0 2 2 2  AP = PB tan θ =  θ  30 3 25 OA r 1  cm2 sin  APO =   tan 2 θ = tan 600 = 3 2 OP 2r 2 55. d; Let the CP of each shirt be Rs. 100   APO = 300 a b SP = Rs. 140 52. b;    APB = 600 b c 14090 50. a 2 Or, New SP = = Rs 126  b = ac 100 b4 = a2c2  SP is 126 – when CP = 100 a 4 a 4 a 2 13608   i.e. a2 : c2. But SP = b4 a 2c2 c2 90 36 48 100 13608 53. a; 9 hours 36 minutes = 9  CP =  = Rs. 120 60 5 126 70 hours From ABC, 56. d; LCM of 3, 5, 6, 8, 10 and 12 = 120 5 Required no. = 120x + 2 27 (A+B)’s 1 hour’s work = ; C’s 1 tan (900 - ) = 48 Or, 120x +2 is divisible by 17 θ x i.e. 120x + 2 = 17 7x + x + 2 1  27 hour work = so, x +2 is also divisible by 17  cot = 48 θ x for x = 15, x +2 is divisible by 17. (A + B + C)’s 1 hour work = 12 The Number = 120 15 + 2 = 1802 From BCD, tan = 5 1 1  θ x   75 5 32 48 48 8 57. c; Log  2log  log 16 9 243 12 27 A’s 1 hour work = (B + C)’s 1 hour tan . cot =  work. 2 θ θ x x 75  5  32  log  log   log 2 1  x = 27  12 [ tan . cot = 1]  2  A’s 1 hour work = 16  9  243  x = 18 mts. 8 75 25 32 51. d; sec θ + tan θ = 3 ...... (i) 1  log  log  log  A’s 1 hour work = 16 81 243 2 2 16 sec θ - tan θ = 1 A alone will complete work in 16 hours. 75 32 81 or, (sec - tan ) (sec + tan ) = 1  log   θ θ θ θ 54. b 16 243 25 1 (sec - tan ) = ...... (ii)  log2  0.3010 θ θ 3 Subtracting (ii) from (i)

87 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

58. b 62. a; 83  4  28 73. c 74. d 75. c Similarly, 273 4  85 63. b 64. b; The meaningful order of the given words is –– Seed  Embryo  Germination  Plant  Flower  Fruit Similarly, 65 d

Height of triangle =

122  92  225 15 cm Area of the lateral surface of pyramid  = 4  Area of triangle 66. c; From figure first and third, 2 lies 1 VANIK’S KNOWLEDGE GARDEN = 4 base height opposite to 1 and from figure first and 2 second, 3 lies opposite to 5. FOREIGN BANKS IN INDIA AND THEIR 1 In last figure, adjacent faces of 4 are COUNTRY = 4 1815  540 cm2 1, 2, 3 and 5 2 Bank Country Bank Country 6 lies opposite to 4. 59. a; Let the speed of train be x km/hr  AB Bank Bangladesh Bank of Bahrain 67. c Ltd. Bahrain And length of train be y metre & Kuwait ATQ, BSC ABN Netherland Bank of Sri Lanka y AMRO Ceylon 12 Bank 5 (x  4) Bank of Canada Berclays UK 18 Nova Bank Scotia 18y = 12  5 (x – 4) BNP France Citi Bank USA Paribas 18y = 60x – 240 ...... (i) Bank y CTBC Taiwan Woori South 13 Bank Co. Bank Korea And 5 Ltd. (x  6) 68. d; Political Science, History and DBS Singapore Deustsche Germany 18 Bank Bank Philosophy are the subjects related 18y = 65x – 390 ...... (ii) with humanity, while Physics is a FirstRand South HSBC Hong Equating (i) and (ii) subject of Science. Bank Ltd Africa Ltd Kong 65x – 60 = 50x – 240 Physics is odd from others J.P. USA Mashreq UAE 150 69. b 70. b Morgan Bank x = = 30 71. b; Mr. Mani’s present age = 47 yr PSC 5 JSC VTB Russia Mizuho Japan And John’s present age = 13 yr Bank Bank Ltd. Speed of train = 30 km/hr Let in x years, Mr. Mani’s age be double KBC Belgium Royal UK Bank NV Bank of 60. d; T3 = - 14 of John’s age. a +2d = - 14 ...... (i) Scotland According to the question, Standard UK Scotia Canada & Chartered Bank 47  x  213 x Bank T8 = 1 a + 7d = 1 ...... (ii) Shinhan South Sonali Bangladesh  47  x  26  2x Bank Korea Bank Ltd. On solving (i) and (ii) we get, a = - 20 and d = 3  2x  x  47  26 Sumitomo Japan United Singapore T = a + 10d = - 20 + 10  3 = 10 Mitsui Overseas 11  x  21 yr Bank Bank Ltd 61. a 72. d

88 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 WHO’S WHO

LIST OF COUNCIL OF MINISTERS Prime Minister and also in-charge of: Personnel, Public Grievances and Pensions; Department of Atomic Energy; Department of Narendra Modi Space; and All important policy issues; and All other portfolios not allocated to any Minister. Rajnath Singh Home Sushma Swaraj External Affairs Arun Jaitley Finance and Corporate Affairs *(Absent due to illness) Piyush Goyal Railways, Coal, *Ministry of Finance & Corporate Affair Road Transport and Highways; Shipping; and Water Resources, Nitin Jairam Gadkari River Development and Ganga Rejuvenation. Suresh Prabhu Commerce and Industry. D.V. Sadananda Statistics and Programme Implementation. Gowda Uma Bharati Drinking Water and Sanitation. Ramvilas Paswan Consumer Affairs, Food and Public Distribution. Maneka Sanjay Women and Child Development Gandhi Ananthkumar Chemicals and Fertilizers; and Parliamentary Affairs Prasad Law and Justice; and Electronics and Information Technology Jagat Prakash Nadda Health and Family Welfare Ashok Gajapathi Raju Civil Aviation Pusapati Anant Geete Heavy Industries and Public Enterprises. Harsimrat Kaur Badal Food Processing Industries Narendra Singh Tomar Rural Development; Panchayati Raj; and Mines. Chaudhary Birender Steel. Singh Jual Oram Tribal Affairs Radha Mohan Singh Agriculture and Farmers Welfare. Thaawar Chand Social Justice and Empowerment. Gehlot Smriti Zubin Irani *Textiles Science and Technology; Earth Sciences; and Environment, Forest Dr. Harsh Vardhan and Climate Change. Prakash Javadekar Human Resource Development Petroleum and Natural Gas; and Skill Development and Dharmendra Pradhan Entrepreneurship. Nirmala Sitharaman Defence Mukhtar Abbas Naqvi Minority Affairs.

89 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

MINISTERS OF STATE (INDEPENDENT CHARGE)

Rao Inderjit Singh Planning; and Chemicals and Fertilizers. Santosh Kumar Labour and Employment. Gangwar Ayurveda, Yoga and Naturopathy, Unani, Siddha and Shripad Yesso Naik Homoeopathy (AYUSH). Giriraj Singh Micro, Small and Medium Enterprises. Development of North Eastern Region; Prime Minister’s Office; Dr. Jitendra Singh Personnel, Public Grievances and Pensions; Department of Atomic Energy; and Department of Space. Dr. Mahesh Sharma Culture; and Environment, Forest and Climate Change. Manoj Sinha Communications; and Railways. Col. Rajyavardhan Youth Affairs and Sports; and Information and Broadcasting. Singh Rathore Raj Kumar Singh Power; and New and Renewable Energy Hardeep Singh Puri Housing and Urban Affairs. Alphons *Tourism Kannanthanam

FOUNDER OF IMPORTANT e-COMMERCE Paytm Vijay Shankar Sharma Zomato Deepinder Goyal & Pankaj Chadha Flipkart Sachin & Binny Bansal Shopclues Sanjaya Sethi In mobi Naveen Tiwari Jabong Pravin Sinha Snapdeal Kunal Bahl & Rohit Bansal Quikr Pranay Chulet OLA Cabs Bhavish Aggarwal Amazon Jeff Bezos MINISTERS OF STATE

Shiv Pratap Shukla Finance. Parliamentary Affairs; and Statistics and Programme Vijay Goel Implementation. Ashwini Kumar Health and Family Welfare. Chaubey Virender Kumar Women and Child Development; and Minority Affairs Anantkumar Hegde Skill Development and Entrepreneurship. Gajendra Singh Agriculture and Farmers Welfare. Shekhawat

90 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Human Resource Development; and Water Resources, River Dr. Satya Pal Singh Development and Ganga Rejuvenation. General(Retd.) V.K. External Affairs. Singh Santosh Kumar Finance Gangwar Faggan Singh Kulaste Health and Family Welfare S.S. Ahluwalia Drinking Water and Sanitation. Ramdas Athawale Social Justice and Empowerment. Ram Kripal Yadav Rural Development. Haribhai Parthbhai Mines; and Coal. Chaudhary Giriraj Singh Micro, Small and Medium Enterprises Hansraj Gangaram Ahir Home Affairs. Ramesh Chandappa Drinking Water and Sanitation Jigajinagi Rajen Gohain Railways. Parshottam Rupala Agriculture and Farmers Welfare; and Panchayati Raj. M.J. Akbar External Affairs. Upendra Kushwaha Human Resource Development. Radhakrishnan P. Finance; and Shipping. Kiren Rijiju Home Affairs Krishan Pal Social Justice and Empowerment. Jasvantsinh Sumanbhai Tribal Affairs. Bhabhor Vishnu Deo Sai Steel Sudarshan Bhagat Tribal Affairs. Y.S. Chowdary Science and Technology; and Earth Sciences Jayant Sinha Civil Aviation. Babul Supriyo Heavy Industries and Public Enterprises. Sadhvi Niranjan Jyoti Food Processing Industries. Vijay Sampla Social Justice and Empowerment. Parliamentary Affairs; and Water Resources, River Development Arjun Ram Meghwal and Ganga Rejuvenation. Ajay Tamta Textiles Krishna Raj Agriculture and Farmers Welfare. Road Transport and Highways; Shipping; and Chemicals and Mansukh L. Mandaviya Fertilizers. Anupriya Patel Health and Family Welfare

91 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 GOVERNOR & CHIEF MINISTER OF STATE

S. STATE AND U.T. CHIEF MINISTER GOVERNOR NO 1 Andaman & Nicobar U.T. Devendra Kumar Joshi 2 Andhra Pradesh N. Chandrababu Naidu Shri. E. S. L. Narasimhan 3 Arunachal Pradesh Pema Khandu B.D. Mishra 4 Assam Sarbananda Sonowal Jagdish Mukhi 5 Bihar Nitish Kumar Satyapal Malik 6 Chandigarh U.T. V.P. Singh Bandore 7 Chhattisgarh Dr. Raman Singh Shri Balramji Dass Tandon 8 Goa Manohar Parrikar 9 Gujarat Vijay Rupani Shri Om Prakash Kohli 10 Haryana Manohar Lal Khattar Kaptan Singh Solanki 11 Himachal Pradesh Jai Ram Thakur Acharya Dev Vrat 12 Jammu and Kashmir Mehbooba Mufti Sayeed 13 Jharkhand Raghubar Das Draupadi Murmu 14 Karnataka H.D. Kumaraswami Vajubhai Rudabhai Vala 15 Kerala PinarayiVijayan P. Sathasivam 16 Madhya Pradesh Shri Shivraj Singh Chouhan Anandiben Patel 17 Maharashtra Devendra Fadnavis Chennamaneni Vidyasagar Rao 18 Manipur N. Biren Singh NajmaHeptullah 19 Meghalaya Conard Sangam Ganga Prasad 20 Mizoram Lal Thanhawla Kummanam Rajasekharam 21 Nagaland Neiphiu Rio Shri Padmanabha Balakrishna Acharya 22 New Delhi ArvindKejriwal Anil Bijal 23 Odisha Sh. Naveen Patnaik Ganeshi Lal 24 Puducherry V. Narayanasamy Kiran Bedi 25 Punjab Captain Amarinder Singh V P Singh Badnore 26 Rajasthan Vasundhara Raje Kalyan Singh 27 Sikkim ShriPawan Kumar Chamling Shriniwas Dadasaheb Patil 28 Tamil Nadu Eddappadik Palaniswami Banwaril Lal Purohit 29 Telangana K Chandrasekhar Rao ESL Narasimhan 30 Tripura Biplap Kumar Dev Tathagata Roy 31 Uttar Pradesh Yogi Aditya Shri Ram Naik 32 Uttarakhand Trivendra Singh Rawat Krishan Kant Paul 33 West Bengal Km. Mamata Banerjee Keshari Nath Tripathi 34 Dadra and Nagar Haveli U.T. Prafula Khodapatel 35 Daman and Diu U.T. Prafula Khodapatel 36 Lakshadweep U.T. Farooq Khan

92 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 BUREAUCRATS 1. National Security Adviser-Ajit Doval 2. Cabinet Secretary of India-Pradeep Kumar Sinha 3. Attorney General of India-K. K. Venugopal 4. Solicitor General of India- 5. Home Secretary-Rajiv gauba 6. Finance Secretary-Hasmukh Adhia 7. Foreign Secretary-Vijay Keshav Gokhale 8. Defence Secretary- Sanjay Mitra 9. Secretary-General of the Lok Sabha-Snehalata Srivastava (She succeed Anup Mishra) 10. Secretary-General of the Rajya Sabha-Desh Deepak Verma 11. Speaker, Lok Sabha- Sumitra Mahajan 12. Deputy Speaker, Lok Sabha- M. Thambidurai 13. Deputy Chairman, Rajya Sabha-PJ Kurien 14. Principal Scientific Adviser-R. Chidambaram 15. Director,National Technical Research Organisation-Alok joshi 16. Chief Economic Adviser-Arvind Subramanian 17. Permanent Representative of India to the United Nations-Syed Akbaruddin 18. Chairman, Railway Board-Ashwani Lohani 19. Chief Justice of India-Dipak Misra 20. Comptroller and Auditor-General of India-Rajiv Mehrishi 21. Chief Election Commissioner of India-Om Prakash Rawat 22. Election Commissioner-Sunil Arora 23. Chairperson, NITI Aayog-Prime Minister N.Modi 24. Vice President, NITI Aayog-Rajiv Kumar 25. CEO, NITI Aayog- Amitabh Kant 26. Defence Research and Development(DRDO) Secretary -Dr.S.Christopher, 27. Principal Secretary to PM - Nirpendra Mishra 28. Director, Enforcement Directorate-Kamal Singh

PERMANENT COMMISSIONS OFFICE-HOLDERS 1. Chairman, National Human Rights Commission of India-H. L. Dattu 2. Chairman, Central Vigilance Commission-K. V. Chowdhary 3. Chairman, Central Information Commission-R. K. Mathur 4. Chairperson, Central Board of Direct Taxes -Sushil Chandra 5. Chairman, National Commission for Minorities-Syed Ghayorul Hasan Rizvi 6. Chairman, National Commission for Scheduled Castes-Ram Shankar Katheria 7. Chairman, National Commission for Scheduled Tribes -Nand Kumar Sai 8. Chairman, National Commission for Backward Classes- vacant 9. Chairman, National Commission for Women-Jayanti Patanaik 10. Chairman, Atomic Energy Commission of India-Sekhar Basu 11. Chairman, ISRO-K. Sivan 12. Chairman, National Forest Commission-B. N. Kirpal 13. Chairman, Union Public Service Commission-Aravinda Saxena 14. Chairman, University Grants Commission-Dhirendra Pal Singh 15. Chairman, Central Water Commission-Narendra Kumar 16. Director, Space Applications Centre-Tapan Misra 17. Chairman, Competition Commission of India-Devender Kumar Sikri 18. Chairman, CBSE (Central Board of Secondary Education)-Anita Karwal 19. Chairperson, Central Board of Excise & Customs-Ms. Vanaja N. Sarna 20. Chairman, FSSAI(Food Safety and Standards Authority of India)-Ashish Bahuguna

93 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 21. Chairman, National Highways Authority of India-Yaduvir Mallick 22. Chairman, Central Board of Film- 23. Chairman, Children’s Film Society of India-Mukesh Khana 24. Chairman, Press Council of India -CK Prasad 25. Chairman, Press Trust of India-Viveck Gonka 26. Chairman, Telecom Regulartory Authority of India (TRAI)-Ram Sevak Sharma 27. Chairperson, National Green Tribunal-Umesh Dattatraya Salvi 28. Director, NCERT(National Council of Educational Research and Training)-Hrushikesh Senapaty 29. Director General, Archaeological Survey of India-Rakesh Tewari 30. Chairperson, Staff Selection Commission -Ashim Khurana 31. Director General, Delhi Metro Rail Corporation-Mangoo Singh DEFENCEAND SECURITY 1. Chief of the Army Staff-General Bipin Rawat 2. Chief of the Air Staff-Air Chief Marshal Birender Singh Dhanoa (also Chairman of Joint Chiefs of Staff Committee) 3. Chief of the Naval Staff-Admiral Sunil Lanba 4. Chief of Integrated Defence Staff-air marshall p p reddy 5. Director, Research and Analysis Wing-Anil Dhasmana 6. Director, Intelligence Bureau-Rajiv Jain 7. Director General, Military Intelligence-Lieutenant General K. G. Krishna 8. Director, Central Bureau of Investigation-Alok Kumar Verma 9. Director General, Border Security Force-K. K. Sharma 10. Director General, Central Reserve Police Force-Rajiv Rai Bhatnagar 11. Director General, Central Industrial Security Force-O. P. Singh 12. Director General, Indo-Tibetan Border Police-R. K. Pachnanda 13. Director General, National Security Guard-Sudeep Lakhtakia 14. Director General, National Investigation Agency-Y.C. Modi 15. Director General, National Disaster Response Force-Sanjay Kumar 16. Director General,SSB-Rajni Kant Mishra HEADS OF FINANCIAL BODIES th th 1. C hairm an, 14 Finance Commission of India-Y. Venugopal Reddy, 15 Finance Commission-N.K. Singh 2. Governor of Reserve Bank of India-Urjit Patel 3. Chairman, Securities and Exchange Board of India-Ajay Tyagi 4. Chairman, Insurance Regulatory and Development Authority of India-Subash Chandra Khuntia 5. Chairman, 7th Pay Commission-Ashok Kumar Mathur 6. Chairman, Small Industries Development Bank of India-Muhammad Mustafa 7. Chairman, Company Law Board-Mahesh Kumar Mittal 8. Chairman and Managing Director, Export-Import Bank of India- Yaduvendra Mathur 9. CEO and Managing Director, National Housing Bank-Sriram Kalyanaraman 10. Chairman, National Bank for Agriculture and Rural Development-Harsh Kumar Bhanwala 11. CEO and Managing Director, Industrial Finance Corporation of India-Dr. Emandi Sankara Rao 12. Chairman, National Stock Exchange-Ashok Chawla 13. Chairman, Bombay Stock Exchange-Sethuratnam Ravi 14. Chairperson, State Bank of India-Rajnish Kumar 15. Chairman, IDBI-Mahesh Kumar Jain 16. Chairman, Life Insurance Corporation of India-V. K. Sharma 17. President, Federation of Indian Chambers of Commerce and Industry-Pankaj Patel 18. Chairman, Pension Fund Regulatory and Development Authority-Hemant G. Contractor 19. President, Confederation of Indian Industry-Shobhana Kamineni 20. President, ASSOCHAM-Sandeep Jajodia 21. Chairman, National Statistical Commission-Radha Binod Barman 22. Chairman of Indian Bank Associations- Rajeev Rishi 23. CMD & CEO of Indian Post Payment Bank (IPPB) - Suresh Sethi 

94 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 ABBREVIATION

Acronyms Abbreviations ACS Automated Clearing Systm. AD Authorized Dealer. CGRA Currency and Gold Revaluation Account. ADB Asian Development Bank. CIBIL Credit Information Bureau of India Limited Currency Management Information ADF Automated Data Flow CMIS System AEPS Aadhaar Enabled Payments Switch CNP Card Not Present AFS Annual Financial Statement. CPFF Commercial Paper Funding Facility AIC Agricultural Insurance Company. CPI Consumer Price Index. AIF Alternative Investment Fund CRAR Capital To Risk Weighted Asset Ratio. ALCO Asset Liability Committee CRISIL Credit Rating Information Services Of India ALM Asset Liability Management CRMD Credit Risk Management Department. AMFL Association of Mutual Funds in India. CRR Cash Reserve Ratio. AML Anti-Money Laundering CSR corporate social responsibility AMRMS Audit and Risk Monitoring Mechanism CTI Country Threat Index. ANBC Adjusted Net Bank Credit DPG Deferred Payment Guarantee APBS Aadhaar Payment Bridge System DPN Demand Promissory Note ARC Asset Reconstruction Companies DRAT Debt Recovery Appellate Tribunal ASBA Applications Supported Bank Accounts DRI Differential Rate Of Interest Associated Chambers of Commerce and DSCR Debt Service Coverage Ratio ASSOCHAM Industry of India. DTAA Double Taxation Avoidance Agreement. ATM Automated Teller Machine. European Bank for Reconstruction and EBRD BCBS Basel Committee on Banking Supervision Development. BCSBI Banking Codes and Standards Board of India ECB External Commercial Borrowings. BIS Bank for International Settlements. ECS Electronic Clearing System. BOE Bill of Exchange EDF Export Development Fund BOP Balance of Payments. EDI Electronic Data Internchange BOT Build,Operate and Transfer. EDP Entrepreneurship Development Programme BSCS Basel Committee on Banking Supervision. EEFC Exchange Earners’ Foreign Currency BSE Bombay Stock Exchange. EFTPOS Electronic Funds Transfer At Point Of Sale BSR Basic Statistical Returns. EIB European Investment Bank. CAD Current Account Deficit ELSS Equity Linked Saving Scheme. CAR Capital Adequacy Ratio EMI Equated Monthly Instalments CARE Credit Analysis and Research Limited EPFO Employees’ Provident Fund Organisation EPOS Electronic Point Of Sale CASA Current and Savings Accounts EPS Earning per Share CBLO Collateralized Bank Lending Obligations ESOP Employee Stock Options CBS Core Banking Solution. EXIM Export Import Bank of India. CCIL Clearing Corporation of India Limited FCA Foreign Currency Assets. CCL Cash Credit Limit FCCB Foreign Currency Convertible Bond CDB Caribbean Development Bank. FCNR Foreign Currency Non Resident Deposit Accounts Committee of Direction on Banking CDBS Statistics. FCNRA Foreign Currency Non resident Account. FDI Foreign Direct Investment. CDRS Corporate Debt Restructuring FEDAI Foreign Exchange Dealers Association Of India CDS Credit Default Swap. FERA Foreign Exchange Regulation Act. Comprehensive Economic Partnership CEPA Federation of Indian Chambers of Commerce and Management. FICCI Industry. CFRA Combined Finance and Revenue Accounts.

95 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

FII Foreign Institutional Investor. KCC Kisan Credit Card Financial Information Network and FINO Operation Limited KMB Kotak Mahindra Bank. FIPB Foreign Investment Promotion Board. KVB Karur Vysya Bank. FPI Foreign Portfolio Investment. KVIC Khadi and Village Industries Corporation FTA Free Trade Agreement. KVP Kisan Vikas Patra GAAR General Anti Avoidance Rule. KYC Know Your Customer Guidelines GDR Global Depository Receipt. LAB Local Area Bank. GFD Gross Fiscal Deficit. LAF Liquidity Adjustment Facility GIRO Government Internal Revenue Order. LAMPS Large Sized Adivasi Multipurpose Societies GMS Gold Monetisation Scheme LDB Land Development Bank. GSTN Goods and Services Network LERMS Liberalized Exchange Rate Management System HDFC Housing Development Finance Corporation. LIBOR London Inter Bank Offered Rate. IADB Inter American Development Bank. LIC Life Insurance Corporation Of India IAS Integrated Accounting Systems LTCG Long-Term Capital Gains IBBI Insolvency and Bankruptcy Board of India LTN Long Term Note International Bank for Reconstruction and MCA Ministry Of Company Affairs IBRD Development MCLR Marginal Cost Of Lending Rate IBU International Banking Unit MFDF Micro Finance Development Fund ICA Indian Council of Agricultural Research. MIBOR Mumbai Inter Bank Offer Rate. Industrial Credit and Investment Corporation ICICI MICR Magnetic Ink Character Recognition of India. MIS Management Information System Investment Information and Credit Rating ICRA MSS Market Stabilisation Scheme Agency of India Limited MTN Medium Term Note IDB Islamic Development Bank. MUDRA Micro Units Development And Refinance Agency IDBI Industrial Development Bank of India. National Bank For Agricultural And Rural IDR Indian Depository Receipts. NABARD Development. Institute for Development and Research Of IDRBT Banking NAS National Account Statistics. IEPF Investors Education and Protection Fund NAV Net Asset Value. IFC International Finance Corporation NBC Non Banking Companies. IIB International Investment Bank. NBFC Non Banking Finance Companies IIBF Indian Institute of Banking and Finance. NDA Net Domestic Asset IMF International Monetary Fund. NDS Negotiated Dealing Systems IMPS Immediate Payment Service NDTL Net Demand And Time Liability IMT Instant Money Transfer NECS National Electronic Clearing System IOB Indian Overseas Bank. NEFT National Electronic Funds Transfer System. IPO Initial Public Offering NFA No Frills Account. IPPB India Post Payments Bank NFC Non Banking Finance Companies. IRBI Industrial Reconstruction Bank Of India. NFS National Financial Switch Insurance Regulatory and Development NHB National Housing Bank. IRDA Authority of India NIB Nordic Investment Bank. IROs Interest rate options NPA Non Performing Assets. IRR Internal Rate Of Return. NPCI National Payments Corporation Of India International Standard Industrial ISCI NPS National Pensions Scheme. Classification NPV Net Present Value

96 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

NRE Non Resident External Account SCC Selective Credit Control. NRI Non Resident Indian SDBS Service Discharge Benefit Scheme NSE National Stock Exchange. SDR Special Drawing Rights National Scheduled Castes Finance And NSFDC SEBI Securities and Exchange Board of India Development Corporation SEPA Single Euro Payment Area. OCB Overseas Corporate Bodies SFMS Structured Financial Messaging Services ODIs Offshore/Overseas Derivative Instruments SGB Sovereign Gold Bond Organisation For Economic Cooperation And OECD SHG Self Help Group Development Small Industries And Development Bank Of OLTAS Online Tax Accounting System SIDBI India. OMO Open Market Operations SIDC State Industrial Development Corporation OTCEI Over the Counter Exchange Of India Systematically Important Financial SIFI OTP One-Time Password Intermediaries PACS Primary Agricultural Credit Societies SLR Statutory Reserve Ratio PAN Permanent Account Number Scheme for Liberation and Rehabilitation of SLRS PDO Public Debt Office Scavengers Pension Fund Regulatory and Development SME Small and Medium Industries PFRDA Authority SMERA SME Rating Agency of India Limited PGS Payment Gateway System. SIDBI Make in India Loan for small SMILE PIN Personal Identification Number Enterprises PIS Portfolio Investment Scheme SPNS Shared Payment Network System. P-Notes Participatory Notes SSI Small Scale Industries POA Power of Attorney SSSBE Small Scale Service and Business Enterprises Society For World Wide Inter Bank Financial PoS Point of Sale SWIFT PPF Public Provident Fund Telecommunication. PPIs Prepaid Payment Instruments TDS Tax Deducted at Source PRSF Partial Risk Sharing Facility TIN Tax Information Network QIB Qualified Institutional Bankers UBIN Unique Business Identification Number RBI Reserve Bank of India UCB Urban Cooperative Bank. RBS Royal Bank of Scotland. UCNs Uniform Code Numbers RDBMS Relational Database Management System UEBA Universal Electronic Bank Account. Recovery of Debt due to Banks and Financial UIDAI Unique Identification Authority of India RDDBFI Institutions UPI Unified Payments Interface REC Rural Electrification Corporation UPIN Unique Property Identification Numbers. RFC Resident Foreign Currency USB Ultra Small Branch. RIDF Rural Infrastructure Development Fund USD United States Dollar. RoA Return On Assets UTI Unit Trust of India RoE Return On Equity VDBS Vertically Differentiated Banking System. RRB Regional Rural Bank. VPA Virtual Payment Address RTGS Real Time Gross Settlement System. WBCIS Weather Based Crop Insurance Scheme. RWA Risk Weighted Assets WCTL Working Capital Term Loan Securitization and Reconstruction of WL ATM White Label ATM. SARFAESI Financial Assets and Enforcement of WMA Ways and Means Advances Security Interest WPI Wholesale Price Index SBI State Bank of India YTM Yield to Maturity SCB Scheduled Commercial Bank 

97 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 BANKING & FINANCIALAWARENESS FOR UPCOMING EXAM

RESERVE BANK OF INDIA RBI Cancels Letters of Undertaking (LoUs) and Letters of Reserve Bank of India to issue new Rs 10 note in chocolate Comfort (LoCs) for Trade Credits: brown colour: The Reserve Bank of India has scrapped quasi bank guarantee India‘s central bank will soon issue a new Rs 10 note in chocolate instruments such as the Letter of Undertaking and Letter of Comfort that blew a Rs. 14,000 crore hole in the books of Punjab brow n colour .The Reserve Bank of India (RBI) has already printed 1 billion pieces of the new note. Further, the new note will bear National Bank as the regulator attempts to plug a loophole and the picture of Konark Sun Temple. improve banks‘ due diligence in trade credit. RBI decides to set up Data Sciences Lab: Size 63*123 Reserve Bank of India has decided to set up Data Sciences Lab Design in Reverse side Konark Sun Temple. to improve its forecasting, surveillance and early warning Colour chocolate brown colour detection abilities which will aid policy formulation. The unit is Lines There is no lines in Rs. 10 Note likely to become operational by December this year RBI switches back to GDP model from GVA model to measure RBI Ordered Banks to Recalibrate ATMs With Rs.200: economy: Indian apex bank RBI orders all the banks to recalibrate ATM to The Reserve Bank of India (RBI) has decided to use Gross install new Rs.200 for the more circulation of the denomination. Domestic Product (GDP) instead of Gross Value Added (GVA) RBI introduced New Rs.200 Note in 25th August 2017 to measure economic activity in India. RBI tightens reporting norms for Liberalised Remittance Image on Backside Sanchi Stupa Scheme: Dimensions 66 X 146 mm² Reserve Bank of India (RBI) issued a notification aimed at Colour bright yellow tightening reporting norms for the Liberalised RBI Increases Currency Derivative Trade Limit to USD 100 Remittance Scheme (LRS). Million: RBI allows FPIs to buy T-bills: The Reserve Bank of India raised the exposure limit under The Reserve Bank of India (RBI) has allowed foreign portfolio Exchange Traded Currency Derivatives (ETCD) trading for investors (FPIs) to invest in treasury bills issued by the central residents and foreign portfolio investors (FPIs) to USD 100 government. million across all currency pairs involving the Indian rupee. RBI announced Rs.10,000 crore bond purchases: Separate limit of Interest Rate Futures (IRFs) for Foreign Reserve Bank of India (RBI) announced that, it will buy Rs 10,000 Portfolio Investors: crore of government bonds through open market operation The Reserve Bank of India has eased position limit in interest (OMO). rate futures (IRFs) for foreign portfolio investors (FPIs). The RBI tweaks norms for setting up of IFSC Banking Units: banking regulator has allowed a limit of Rs. 5,000 crore for FPIs The Reserve Bank of India (RBI) modified norms for setting up to go long in IRFs International Financial Services Centres (IFSC) Banking Units RBI’S review on Currency Distribution & Exchange Scheme (IBUs) by banks in IFSCs. The parent bank will be required to (CDES): provide and maintain at all times a minimum capital of USD 20 The RBI has been providing several incentives to banks, from million or equivalent in any foreign currency to its IBU. time to time for installation of various machines by them to RBI has directed private sector lender Dhanlaxmi Bank to keep encourage technology absorption in their currency operations the appointment of a non-independent director: for improved customer service. The Reserve Bank of India (RBI) has directed private sector RBI’S review on Currency Distribution & Exchange Scheme lender Dhanlaxmi Bank to keep the appointment of a non- (CDES): independent director in abeyance till further orders. ¯It is hereby The RBI has been providing several incentives to banks, from informed that Reserve Bank of India vide letter dated May 16, time to time for installation of various machines by them to 2018, has advised the bank that the proposal for the appointment encourage technology absorption in their currency operations of Arun Rao M. G. as a non-independent director. for improved customer service. RBI tweaks norms to boost affordable housing lending: RBI Lifts Per-Borrower Loan Capitalization for MSMEs: The Reserve Bank of India (RBI) has increased the eligibility In view of the increasing importance of the services sector and limit for a loan to classify as priority sector lending in a bid to to encourage banks to lend more to this sector, the Reserve boost affordable housing. For metropolitan areas, loan limits Bank of India has decided to do away with the per borrower loan have been raised from Rs 28 lakh to Rs 35 lakh and for other limits to Micro/Small and Medium Enterprises (Services) for areas, it has been increased from Rs.20 lakh to Rs.25 lakh, classification under priority sector lending. provided the overall cost of the home does not exceed Rs.45 RBI To Conduct Additional Repo Operations to Provide Liquidity lakh and Rs.30 lakh respectively. Support To Banks: New Information Repository to be set up by RBI According to the Reserve Bank of India it will conduct additional The Reserve Bank of India (RBI) will set up a Public Credit variable rate repo operations for longer tenors up to 31 days Registry (PCR) as a repository of information regarding loan every Tuesday in the month of March 2018 for Rs 25,000 crore information of individuals and corporate borrowers. The decision each to provide additional liquidity support to banks. has been taken as per the recommendations of Y.M. Deosthalee committee set up by the central bank.

98 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Reserve Bank aims to tighten working capital loan norms: Centre kick starts merger of RRBs The Reserve Bank of India (RBI) has proposed a minimum 40% The government has decided to start the consolidation process loan component for working capital funding of Rs.150 crore and of Regional Rural Banks (RRB) after a gap of six years and bring above to bring in greater credit discipline and improve monetary down the number of such entities to 38 from 56 now. In a transmission. communication to the chiefs of public sector banks, which are Reserve Bank eases norms for FPIs to invest in debt: the sponsors of the RRBs, the finance ministry asked them to FPIs are allowed to invest in various debt market instruments amalgamate the RRBs within a State. such as government bonds, treasury bills, state development RBI tells banks to upgrade software at ATMs by June 2019 or loans and corporate bonds, but with certain limits and face penalty: restrictions. The RBI increased the FPIs cap on investment in With banks failing to upgrade software in automated teller government securities to 30% of the outstanding stock of that machines (ATM) despite repeated reminders, the Reserve Bank security, from the 20% earlier. of India (RBI) has now directed the banks to complete the process Centre kick starts merger of RRBs in a phased manner latest by June 2019. The government has decided to start the consolidation process RBI revises upwards housing loan limits under priority sector of Regional Rural Banks (RRB) after a gap of six years and bring The housing loan limits for eligibility under priority sector lending down the number of such entities to 38 from 56 now. In a will be revised to Rs 35 lakh in metropolitan centres Rs 28 lakh communication to the chiefs of public sector banks, which are earlier (with population of ten lakh and above), and to Rs 25 lakh the sponsors of the RRBs, the finance ministry asked them to from Rs 20 lakh earlier in other centres, provided the overall amalgamate the RRBs within a State. cost of the dwelling unit in the metropolitan centre and at other RBI tells banks to upgrade software at ATMs by June 2019 or centres does not exceed Rs 45 lakh and Rs 30 lakh, respectively. face penalty: RBI issued license to Bank of China to operate in India With banks failing to upgrade software in automated teller The decision was based on the commitment made by Prime machines (ATM) despite repeated reminders, the Reserve Bank Minister Narendra Modi to the Chinese President XiJinping, during of India (RBI) has now directed the banks to complete the process the Shanghai Cooperation Organization (SCO) Summit in in a phased manner latest by June 2019. Qingdao, China. RBI revises upwards housing loan limits under priority sector Reserve Bank makes it compulsory to incorporate The housing loan limits for eligibility under priority sector lending purchaser’s name on the face of payment instrumentalities to will be revised to Rs 35 lakh in metropolitan centres Rs 28 lakh prevent money laundering: earlier (with population of ten lakh and above), and to Rs 25 lakh In order to address the concerns arising out of the anonymity from Rs 20 lakh earlier in other centres, provided the overall and to prevent money laundering, the Reserve Bank has now cost of the dwelling unit in the metropolitan centre and at other made it compulsory to incorporate the purchaser‘s name on the centres does not exceed Rs 45 lakh and Rs 30 lakh, respectively. face of demand draft, pay order, banker‘s cheques and other RBI tweaks norms to boost affordable housing lending: instruments. The RBI issued a notification in Mumbai yesterday The Reserve Bank of India (RBI) has increased the eligibility to this effect to the banks. This directive will come into effect limit for a loan to classify as priority sector lending in a bid to from 15th of September this year boost affordable housing. For metropolitan areas, loan limits RBI gets global praise for communication strategy have been raised from Rs 28 lakh to Rs 35 lakh and for other The RBI has come in for effusive praise by the global banking areas, it has been increased from Rs.20 lakh to Rs.25 lakh, authority, the Bank for International Settlements (BIS), for its provided the overall cost of the home does not exceed Rs.45 effective communications strategy. The RBI has been applauded lakh and Rs.30 lakh respectively. by the BIS, which calls itself a bank for central banks‘, for New Information Repository to be set up by RBI effectively using a targeted communication strategy for reaching The Reserve Bank of India (RBI) will set up a Public Credit out to the right audience in ¯short and simplified language. Registry (PCR) as a repository of information regarding loan Reserve Bank of India considers Cryptocurrency dealings as information of individuals and corporate borrowers. The decision illegal transactions has been taken as per the recommendations of Y.M. Deosthalee The Reserve Bank of India (RBI) said to the Supreme Court committee set up by the central bank. (SC) that dealings in cryptocurrency like Bitcoins would RBI Amends Gold Monetisation Scheme To Make It More encourage illegal transactions. RBI has already issued a circular Attractive: prohibiting the use of these virtual currencies. Earlier RBI has RBI has made changes in the Gold Monetisation Scheme (GMS) instructed banks and other financial institutions to freeze the to make it more attractive. The revamping of the scheme is bank accounts of those individuals and companies dealing in aimed at enabling people to open a hassle-free gold deposit the illegal trade of virtual currencies. account. The short-term deposits should be treated as bank’s on-balance sheet liability. These deposits will be made with the designated SBI banks for a short period of 1-3 years (with a facility of rollover). RBI slaps Rs 40 lakh penalty on SBI for flouting fake note Deposits can also be allowed for broken periods (e.g. 1 year 3 norms: months; 2 years 4 months 5 days; etc.). The Reserve Bank of India has imposed a monetary penalty of Reserve Bank aims to tighten working capital loan norms: Rs 40 lakh on State Bank of India for non- compliance of its The Reserve Bank of India (RBI) has proposed a minimum 40% directions on detection and impounding of counterfeit notes. loan component for working capital funding of Rs.150 crore and SBI Tie-up with IMGC to offer mortgage guarantee for non- above to bring in greater credit discipline and improve monetary salaried and self-employed home loan customers: transmission. India’s largest lender SBI and India Mortgage Guarantee Reserve Bank eases norms for FPIs to invest in debt: Corporation (IMGC) signed a pact to offer mortgage guarantee FPIs are allowed to invest in various debt market instruments scheme for prospective non-salaried and self-employed home such as government bonds, treasury bills, state development loan customers. loans and corporate bonds, but with certain limits and Cheque books of six banks that merged with SBI to be invalid restrictions. The RBI increased the FPIs cap on investment in India’s largest lender SBI has reminded its customers that government securities to 30% of the outstanding stock of that cheque books of six banks that merged with it will become invalid security, from the 20% earlier. after March 31.

99 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

State Bank of India to soon set up blockchain-based exchange Rajya Sabha passes the State Banks Repeal & Amendment Bill, for bad debts: 2017 State Bank of India will soon have a blockchain-based exchange The Rajya Sabha has passed the State Banks (Repeal and for bad debts along with other banks, asset reconstruction Amendment) Bill,2017 . The House adopted the amendment companies and investors on the same infrastructure. moved by the government regarding the bill. The Bill seeks to SBI to invest Rs 80 bn in hydropower project of Nepal repeal the State Bank of India (Subsidiary Banks) Act, 1959, India‘s largest bank, State Bank of India (SBI) will be investing the State Bank of Hyderabad Act, 1956 and further to amend a total of Rs 80 billion in the 900 megawatt (MW) Arun III the State Bank of India Act, 1955. hydropower project of Nepal. Under it, the five associates banks that were merged are State SBI Launches UK Subsidiary With 225 Mn Pounds Capital: Bank of Bikaner and Jaipur, State Bank of Hyderabad, State The SBI has announced the launch of its UK subsidiary, SBI Bank of Mysore, State Bank of Patiala and State Bank of (UK) Limited, with an initial capital commitment of 225 million Travancore. The merger of these banks have already been pounds from its parent entity. effective from 1st April, 2017 . SBI To Invest Rs 80 Bn In Hydropower Project Of Nepal: The State Bank of India will be investing a total of Rs 80 billion in the Arun III hydropower project of Nepal, which has 900 ASIAN DEVELOPMENT BANK megawatts (MW) electricity production capacities. ADB has agreed in principle to give an aid of 1,700 crore rupees SBI India’s most trusted bank: to Uttarakhand: The TRA Brand Trust Report 2018 said the State Bank of India The Asian Development Bank (ADB) has agreed in principle to was the most trusted bank (both public and private sector) in give an aid of 1,700 crore rupees to Uttarakhand for the country. ICICI Bank topped the chart among the private infrastructure development and creation of sewerage treatment ones. facilities in urban areas. GAIL signs Rs 2,000-cr loan agreement with SBI: GAIL (India) Limited and State Bank of India have signed a HDFC Rupee Term Loan Agreement of Rs 2,000 crores for a door to HDFC Bank Signs MoU with Government E-Marketplace: door tenure of 15 years.A statement from the company said Private sector lender HDFC Bank signed an agreement with the that the purpose of the loan is for general capital expenditure of Government e-Marketplace (GeM) under which the bank will GAIL, mainly in the gas pipeline projects, in the forthcoming facilitate a host of services to the public procurement portal for years. Central and state government organizations. SBI consolidates advertising account with Rediffusion-Y&R: HDFC Bank Launches IRA 2.0: State Bank of India has consolidated its advertising account for HDFC Bank launched IRA 2.0, its interactive humanoid at the the first time, with the entire business going to WPP‘s Koramangala Branch in Bengaluru. Rediffusion-Y&R. HDFC Bank increases lending rate by 10 bps Arijit Basu Appointed SBI’s New Managing Director HDFC Bank, the second largest private sector lender of the The government appointed Arjit Basu as Managing Director of country, increased its marginal cost of fund- based lending rate the country’s largest lender State Bank of India (SBI). He will fill (MCLR) by 10 basis points (bps) across various loan tenures. the position that fell vacant following the elevation of Rajnish As a result, its one-year MCLR is now at 8.4%. Kumar as the chairman. HDFC Bank wins Cabinet nod to raise Rs24,000 crore via FDI: SBI in process to shut 9 foreign offices as part of rationalisation The Union Cabinet on Wednesday approved a proposal to grant State Bank of India (SBI) has closed six foreign branches and is private-sector lender HDFC Bank permission to raise additional in the process of closing down another nine branches as part of capital of up to Rs.24,000 crore through foreign direct rationalisation of overseas operations, said Managing Director investment. (Retail & Digital Banking) Praveen Kumar Gupta. HDFC, 5th Biggest Consumer Financial Services Company MoU On Defence Salary Package Signed Between Indian Army Worldwide: Forbes And SBI Housing finance major HDFC has been ranked as the 5th biggest An MoU was signed between the Indian Army and State Bank of public company globally in the consumer financial services India on the Defence Salary Package. The signing-in ceremony category‘ on a list compiled by Forbes magazine. HDFC‘s rank was chaired by the Director-General (MP&PS), Lt Gen SK Saini has moved up from 7th place last year. American Express has in Mumbai. topped this category, while Indiabulls Housing Finance is the SBI and Nabard tie-up for credit in Telangana: only other Indian company (at 13th place) on the list. State Bank of India and National Bank for Agriculture and Rural HDFC Bank most valuable bank in the emerging market outside Development have joined hands to provide collateral-free credit China through Joint Liability Groups in Telangana. There are four lenders from India that now rank among the world’s The two signed an MoU, along with seven NGOs from Nizamabad, 500 most valuable companies. HDFC Bank is followed by its Medak and Warangal districts, for the promotion and credit housing finance cousin Housing Development Finance linkage of 2,000 JLGs during the current year. The agreement Corporation (HDFC), Kotak Mahindra Bank and State Bank of was signed by Swaminathan J, CGM, SBI, and P Radhakrishnan, India. CGM, Nabard. HDFC Bank most valuable bank in the emerging market outside SBI will organise ‘kisan melas’ across Karnataka on July 18. China State Bank of India (SBI) will organise kisan melas‘ at 875 rural There are four lenders from India that now rank among the world’s and semi-urban branches spread across Karnataka on July 18. 500 most valuable companies. HDFC Bank is followed by its It is an initiative of the bank to connect with farmers and resolve housing finance cousin Housing Development Finance their grievances. The bank, which has close to 1.50 crore farmers Corporation (HDFC), Kotak Mahindra Bank and State Bank of as customers, plans to connect with at least 10 lakh farmers India. through this mega exercise, press release said. HDFC securities launched MF transactions on Facebook messenger As part of the mela, the bank also plans to offer Kisan Credit through Arya Cards (KCC) to farmers. The bank will also make farmers aware HDFC securities announced launch of Mutual Funds transactional of the benefits of timely renewal of KCC account and usage of capabilities on Facebook Messenger through their virtual KCC Rupay Card for transactional convenience. assistant, Arya.

100 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

NTPC signs Rs. 1,500 crore loan agreement with HDFC Bank MARG ERP Ltd partners with ICICI Bank: The loan has a door-to-door tenure of 15 years and will be Marg ERP limited, a leading Inventory and Accounting software utilized to partly finance capital expenditure of NTPC (National solution company has partnered with ICICI Bank to offer an Thermal Power Corporation Limited), which is India’s biggest integrated payments platform to Micro, Small and Medium power producer. Enterprise (MSME) customers, using MARG‘s accounting software. ICICI Bank names Sandeep Bakhshi as COO: INDUSIND BANK The ICICI bank has appointed chief executive of its life IndusInd Bank And Ripple Tie-Up For Cross-Border Remittances: insurance arm Sandeep Bakhshi as whole-time director and IndusInd Bank announced its partnership with Ripple (the Chief Operating Officer to run the bank during her absence. enterprise blockchain solution for Global Payments) to facilitate payments into and out of India. IndusInd Bank Gets RBI Nod To Acquire IL&FS Arm: YES BANK Private sector lender IndusInd Bank has received RBI’s approval YES Bank to launch water-security programme: to buy the securities services arm of IL&FS. YES Bank is all set to roll out a capacity building project with IndusInd Bank gets RBI nod for setting up arm for BFIL merger: farmers in Haryana and Rajasthan under its The RBI has allowed IndusInd Bank to incorporate a wholly- Livelihood and Water Security‘ CSR initiative. owned subsidiary for the amalgamation of micro-lender Bharat YES Bank launches Agenda 25x25 to for budding women Financial Inclusion (BFIL) with the bank. entrepreneurs: YES Bank and YES Global Institute have announced the launch of Agenda 25x25 which pledges to create a synergetic startup LAKSHMI VILAS BANK environment for budding women entrepreneurs in India, ensuring Lakshmi Vilas Bank, Fisdom team up for digital NPS: that by 2025 at least 25 per cent of all Entrepreneurs in India Bengaluru-based start-up Fisdom and Lakshmi Vilas Bank have are Women. entered into a partnership to enable investments in the National Yes Bank empanelled as ‘Settlement Bank’ for NSE: Pension Scheme (NPS) in a completely digital and paperless Yes Bank has received approval from National Stock Exchange manner. to be empanelled as ‘Settlement Bank’ for National Securities Clearing Corporation (NSCCL), a wholly owned subsidiary of ICICI BANK NSE. ICICI Bank Launches Online Overdraft Facility ‘InstaOD’ For Rana Kapoor re-appointed MD & CEO for Yes Bank MSME Customers: Yes Bank shareholders have approved the re-appointment of ICICI Bank has launched instant overdraft InstaOD‘ facility for Rana Kapoor as the bank‘s chief executive officer and managing MSME (Micro, Small and Medium Enterprises) customers in a director for a period of three years. completely online and paperless manner. Customers can get Yes Bank gets SEBI nod for custodian of securities business overdraft facility up to Rs 15 lakh for a year anytime, anywhere Yes Bank has received approval from market regulator Securities using the bank‘s Internet and mobile banking app. and Exchange Board of India (Sebi) for acting as custodian of RBI imposes Rs.59 crore penalty on ICICI Bank: securities. Custodian of securities is a licence granted by Sebi The RBI has penalized India’s third-largest lender ICICI Bank to eligible entities allowing them to offer custodial services to with Rs.58.9 crore for failing to comply with held-to-maturity financial market participants including foreign institutional (HTM) guidelines investors (FIIs) and foreign portfolio investors (FPIs). ICICI loses Rs12,000cr in value amid probe into Videocon loan YES Bank ties up with Kerala Start-up Mission ICICI Bank lost as much as Rs.12,000 crore in market value The Kerala Start-up Mission and YES Bank are joining hands to on Monday after the CBI initiated a preliminary enquiry into the provide a host of corporate and commercial banking services bank’s loan to Videocon. focused on start-ups in the state. The Start-up Mission is the ICICI Bank 1st to get Swift’s new cross-border payment service: nodal agency of the Kerala government, aimed at development Global financial messaging cooperative, SWIFT (Society for of entrepreneurship and incubation activities in the state. World Interbank Financial Telecommunication System platform) YES Bank gets SEBI nod to launch mutual fund business: announced that ICICI Bank has become its first Indian client to Private lender YES Bank said that it has received final regulatory go live with an improved cross-border payments service. approval from the Securities & Exchange Board of India (SEBI) ICICI Bank, HDFC Bank repository participants for NERL: to start mutual fund business. National E-Repository Limited (NERL), a group company of National Commodity and Derivatives Exchange Limited WORLD BANK (NCDEX), has empanelled ICICI Bank and HDFC Bank as World Bank approves $55mn for Bangladesh project: repository participants. World Bank has approved $55 million to expand the use of clean CRISIL reaffirms rating on ICICI Bank at ‘AAA/Stable’: renewable energy in rural areas of Bangladesh that do not have Credit rating agency CRISIL has reaffirmed its ratings on ICICI access to grid electricity. Bank‘s debt instruments – Upper Tier-II Bonds aggregating World Bank loan for Biopharma Mission: 8,495 crore, Tier-I Perpetual Bonds aggregating 518 crore, The government has secured a loan of about Rs1,600 crore and Bonds/Debentures aggregating 629 crore – at AAA/Stable‘. from the World Bank to develop new vaccines, medical devices ICICI Bank launches digital form for opening current accounts: and medicines. The money will be disbursed over five years and Private sector lender ICICI Bank has introduced a ‘digital form’ is part of the Department of Biotechnology-led National which will help open current accounts in a few hours. Biopharma Mission. ICICI Bank names Radhakrishnan Nair as Independent Director: India Signs Loan Agreement With World Bank For US$ 125 ICICI Bank board has appointed Radhakrishnan Nair as an Million: additional (independent) director of the bank for five years. A Loan Agreement for IBRD credit of US$ 125 (equivalent) for ICICI Bank sets aside Rs 100 Crore for investing in startups: the ¯Innovate in India for Inclusiveness Project was signed with ICICI Bank is taking the digital route for growth, by partnering the World Bank in New Delhi. The closing date of Innovate in and investing in financial technology companies, as well as, India for Inclusiveness project is 30 June, 2023. setting up an innovation lab and a team to conceive digital solutions.

101 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Government enters agreement with World Bank on biotech: RBI slaps Rs.5 Cr fine on Airtel Payments Bank over KYC norms: The government has entered into a legal agreement with the The RBI has imposed a penalty of Rs.5 crore on Airtel Payments World Bank for a flexible financing arrangement to accelerate Bank for breaching Know Your Customer (KYC) norms. research towards early development for biopharmaceuticals. A Jio Payments Bank Limited Commences Operations Statement issued by the government said the mission has been Jio Payments Bank Limited has commenced operations as a approved at a cost of 250 million dollars for five years with 50 payments bank. The Reserve Bank has issued a licence to the per cent funding through the World Bank Loan. bank under Section 22 (1) of the Banking Regulation Act, 1949 India inks $200 mn loan from WB for nutrition mission(POSHAN to carry on the business of payments bank in India. Abhiyaan): Jio, Sodexo join hands to accelerate digital transformation: India on Monday signed an agreement with the World Bank for a Jio, Sodexo join hands to accelerate digital transformationJio, $200 million loan for implementing the National Nutrition Mission Sodexo join hands to accelerate digital transformation across (POSHAN Abhiyaan) 315 districts of the country. Paytm Payments Bank claims to have 100M KYC-compliant Approved by the Union Cabinet last year, the mission aims at wallets: reaching 10 crore beneficiaries, mainly children upto the age of Paytm set up offline centres and a team of agents to collect six years, pregnant women and lactating mothers and adolescent documents from customers for the KYC process; the 100M girls. milestone includes full and minimum KYC customers. World Bank nod for Rs.6,000 cr. groundwater recharge plan: Paytm Bank to fan out 1 lakh ‘mobile bankers’ across India in a To address concerns about depleting groundwater reserves in year: India, the government has joined hands with the World Bank to The Paytm Payments Bank, India‘s first bank providing zero execute a Rs.6,000-crore scheme called the Atal Bhujal Yojana balance accounts and zero charges on digital transactions, plans (ABHY). to train and fan out one lakh banking business correspondents, India And World Bank Signs $500 Million Additional Financing including women, in a year across India‘s Tier-I and II towns, For PMGSY: villages and remote areas. The Government of India and the World Bank signed a $500 Fino Payments Bank Launched Digital Suite: million loan agreement to provide additional financing for the Fino Payments Bank launched a suite of digital products that Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads can be accessed online and through mobile phones with the Project, implemented by Ministry of Rural Development, focus to build the transaction platform. Fino had launched its Government. of India, which will build 7,000 km of climate mobile banking app BPay in 2017. resilient roads, out of which 3,500 km will be constructed using RBI lifts ban on Airtel Payments Bank to enrol new customers: green technologies. Sunil Bharti Mittal-owned Airtel Payments Bank stated it has received approval from the Reserve Bank of India (RBI) for enrolling new customers. NABARD Oxigen Announces A Strategic Partnership With Fincare Small NABARD to expand its long-term lending to Rs 80,000 crore in Finance Bank FY19: At an event, Oxigen and Fincare Small Finance Bank signed an NABARD (National Bank for Agriculture and Rural Development) agreement to roll out the Branchless Banking services, using announced that, it has aimed to raise its long-term on-lending Oxigen’s flagship Point of Sale device called the Oxigen Micro or refinance portfolio to nearly Rs 80,000 crore in the current ATM Super PoS. The event graced by Brand Ambassador Grand fiscal year in a move to improve rural economy. Master . Government raises NABARD’s authorised capital to Rs 300 billion to aid rural economy: The government has raised the authorised capital of NABARD SMALL FINANCE BANK (National Bank for Agriculture and Rural Development) by 6 Jana Small Finance Bank started its operations: times to Rs 300 billion, aimed to increase its lending to the Jana Small Finance Bank (formerly Janalakshmi Financial rural economy, as a part of the initiative to double farmers‘ income Services, India’s leading micro-finance company), announced by 2022. the commencement of its banking operations. NABARD Approves Rs 14,690 Cr Funding To Rajasthan: Equitas Bank ties up with CSK, launches Yellow Army Savings National Bank for Agriculture and Rural Development (NABARD) Account: has extended total credit support of Rs 14,690 crore to Equitas Small Finance Bank has launched a new Yellow Army Rajasthan for 2017-18. Savings Account‘ to increase its customer base through its NABARD launches first ever centre for climate change in South association with the Chennai Super Kings (CSK), The yellow East Asia at Lucknow army savings account will offer an interest rate of six per cent Lucknow, Jul 20(UNI) National Bank for Agriculture and Rural per annum for balance below Rs10 lakh and 6.5 per cent per Development( NABARD) has launched the Centre for Climate annum for balance above Rs.10 lakh. Change, the first of its kind in South East Asia, in Lucknow for AU Bank bets on ‘Kamao’ app to ramp up biz: accelerating concerted climate action by various stakeholders Jaipur-headquartered AU Small Finance Bank wants to ramp up in government, private, financial and non -government sectors. its business via crowd-sourcing — involving not only employees Nabard award for Repco Micro Finance but also customers and non-customers — with the help of a Repco Micro Finance Ltd, a non-banking finance company mobile-based app called Kamao‘ (earn). promoted by Repco Bank, received Nabard 2018 award for its service to self-help group (SHG) linkage in Tamil Nadu for the OTHER BANKING NEWS fiscal year 2017-18. Catholic Syrian Bank Ltd and Celebrus Capital Ltd signs For Online Trading Services: PAYMENTS BANKS Catholic Syrian Bank Ltd and Celebrus Capital Ltd have Fino Payments Bank to deploy MPoS devices across 10,000 announced a new partnership to offer CSB‘s customers online banking points: trading and Demat services. Fino Payments Bank has said it plans to deploy multi-utility AIIB approves $1.5 billion in loans to India for infrastructure Android-based mPoS (mobile point-of-sale) devices across projects: 10,000 banking points in the country in a phased manner. China-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related

102 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 projects in 2018. Rivigo ties up with IDFC, YES Bank, for truck loans: DCB Unveils ‘DCB Remits’: Rivigo, a homegrown logistics start-up that owns as well as acts DCB Bank said it has introduced a remittance service DCB as an aggregator of trucks, is tying up with YES Bank, IDFC and Remit‘ that will allow a resident Indian having a bank account in 10 other financial institutions to make cheaper funds available India to remit or send money online, globally. to truck owners and operators on its platform. KVGB rolls out loan scheme ‘Vikas She Plus’ for women SIDBI Foundation Day- Launches ‘Samridhi- Virtual Assistant’ entrepreneurs & ‘ Bankability Kit’: Karnataka Vikas Grameena Bank (KVGB) has launched Vikas SIDBI (Small Industries Development Bank of India) celebrated She Plus‘, a loan scheme for women to take up new ventures or its foundation day (2nd April 1990) as the day of Sampark for expanding/modifying the existing enterprises. This scheme (connect), Sanwad (interaction), Suraksha (security) and provides loan up to a maximum of Rs 2 lakh with a repayment Sampreshan (disseminate). Chairman SIDBI also launched period of 60 months. ‘Samridhi- the virtual assistant’ on banks revamped universal IBBI Signs MoU With Reserve Bank Of India loan portal www.udyamimitra.in. Under the MoU, the RBI and the IBBI will work in partnership for Softbank Signs $930 Million Deal to Set Up Solar Venture In the effective implementation of the Insolvency and Bankruptcy India: Code, 2016 and its allied rules and regulations. Softbank has signed a $930-million deal with China’s energy Muthoot Finance Ties Up With Global IME Bank conglomerate Golden Concord (GCL) to produce and sell solar Muthoot Finance, the flagship company of Muthoot Group has equipment in India. tied up with Global IME Bank to expand its money remittance Indian Bank launches PFMS & also launched ‘Bharat QR’, a mobile services between Indo Nepal Corridor. Muthoot Finance is the payment collection: only NBFC to extend the money transfer services from India to Indian Bank has introduced Public Financial Management System Nepal. (PFMS) and has launched Bharat QR‘ facility. Indian Bank, Axis Bank announces new representative office in Sharjah Managing Director and CEO, Kishor Kharat launched these Axis Bank on Sunday opened a representative office in Sharjah, initiatives in Chennai. to better serve its customers in the emirate and to expand its Indian Overseas Bank launches IoT-based customer service app: retail offerings to customers in the neighboring northern As part of its Customer First‘ initiative, Indian Overseas Bank emirates. (IOB) has launched three Internet of Things‘ (IoT)-based Swiggy Partners with ICICI Bank customer service initiatives on a pilot basis at one of its branch Online Food ordering and delivery platform Swiggy has partnered in Chennai, Tamil Nadu. with ICICI Bank to roll out two digital solutions to facilitate the India, World Bank sign US$ 420 million project agreement to transfer of funds for its delivery partners. benefit farmers in Maharashtra: Allahabad Bank gets nod to amalgamate subsidiary with itself: Government of India, Government of Maharashtra and the World Allahabad Bank has received approval from the Ministry of Bank signed a US$ 420 million project to benefit Small and Corporate Affairs for merger of its fully-owned subsidiary All Marginal farmers in the Marathwada and Vidarbha regions of Bank Finance with itself. Maharashtra. SWIFT expands GPI Tracker System to help Banks: J&K Bank launches special financing scheme ‘Add on Working The over Rs 13,000 crore fraud which has been unearthed at Capital GST’ for industrial units: Punjab National Bank (PNB) was a case of misuse of non-linkage Jammu & Kashmir (J&K) Bank has launched Add on Working of bank‘s core-banking system (CBS) with SWIFT messaging Capital GST‘, a special financing scheme to help the state system as a few PNB officials, in connivance with diamond industry cope with the delay in reimbursement of Goods and jeweller Nirav Modi and his uncle Mehul Choksi of Gitanjali Gems, Services Tax (GST) under special tax relief. bypassed the reporting of global transactions to bank‘s CBS. AIIB decides to invest $140M to improve Rural Connectivity in Bandhan Bank becomes India’s 8th most valued bank: India: Bandhan Bank, has become the 8th most valued bank in India The Board of Directors of the Asian Infrastructure Investment leaving behind Bank of Baroda and Punjab National Bank. Bank (AIIB) have approved USD $ 140- Million loan to improve Meanwhile, HDFC Bank continues to be the most valued bank in the rural road connectivity and management for residents in India with a market capitalisation. Madhya Pradesh, India, at a Meeting held recently in Beijing, Exim Bank Extends $500 Million Loan Facility To 15-Nation Group China. In South Africa: Chandra Shekhar Ghosh re-appointed as MD & CEO of Bandhan The Export-Import Bank, Exim Bank announced that it will Bank: provide a USD 500 million credit facility to Economic Community Chandra Shekhar Ghosh has been re-appointed as managing of West African States (ECOWAS) to fund various development director and CEO of Bandhan Bank for a three year term from projects in western-south Africa. 10thJuly 2018. Former deputy governor at Reserve Bank of SEBI Allows Physical Settlement Of Stock Derivatives India (RBI), Harun Rasid Khan, has joined Bandhan Bank board. The stock market regulator Securities & Exchange Board of SIDBI ties up with CSC to promote MSEs in 115 districts: India (SEBI) has allowed physical settlement of both stock Small Industries Development Bank of India (SIDBI) has tied options and stock futures. At present only cash settlement of up with Common Service Centre (CSC) to run micro enterprises derivatives is allowed. promotion programme (MEPP) in 115 aspirational districts UCO Bank to merge branches in Hong Kong as it realigns overseas across India. operations: Reliance Jio raises Rs 3250 crore from Japanese banks to fund Following the Reserve Bank of India (RBI)’s ban on letters of capital expenditure: undertaking (LoU), Kolkata-based UCO Bank is planning to Reliance Jio has signed an agreement to raise nearly Rs 3,250 merge its two branches in Hong Kong. crore as samurai term loan from Japan-based banks. Reliance Long Term Capital Gains Tax To Come Into Effect From 01st Jio Infocomm Limited said that, it had signed approximately April: JPY 53.5 billion samurai term loan with 7 year bullet maturity. Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding Rs 1 lakh from  the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

103 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 IAS/OAS SECTION In modern times, good governance implies enlightened citizenship as well as accountable and constitutional government. Good governance is also a key developmental concept today. The debate only relates to the question of how to bring about development. It is a concept that is inclusive and positive in nature. It is inclusive in so far as it aims at involvement of people in the process of development. Thus development is not merely people-oriented but people- centered. It is positive to the extent of building up new levels of skills, knowledge and support for development. Good Governance Good is a term used with great flexibility; Depending on the context, good governance has been said at various times to encompass: full respect of effective participation, human rights, the rule of law, multi-actor partnerships, and accountable processes, political pluralism, transparent institutions, an efficient and effective public sector, In terms of distinguishing the term governance from government, legitimacy, access to knowledge, information and education, political “governance” is what a “government” does. Governance is the empowerment of people, equity, sustainability, and attitudes and dynamic exercise of management power and policy, while values that foster responsibility, solidarity and tolerance. government is the instrument that does it. The concept of In 1989 World Bank study “Sub-Saharan Africa-from Crisis to “governance” is not new. It is as old as human civilization. Simply Sustainable Growth”, the term ‘Governance’ was first used to “governance” means: the process of decision-making and the process describe the need for institutional reform and a better and more by which decisions are implemented (or not implemented). efficient public sector in Sub-Saharan countries. It defined Governance can be used in several contexts such as corporate governance as “the exercise of political power to manage a nation’s governance, international governance, national governance and local affairs.” governance. Since governance is the process of decision making and However, it did not explicitly refer to the connotation ‘good’. the process by which decisions are implemented, an analysis of Former World Bank President Barber Conable (1986-1991) used governance focuses on the formal and informal actors involved in the term ‘good governance’, referring to it as a “public service that decision-making and implementing the decisions made and the is efficient, a judicial system that is reliable and an administration formal and informal structures that have been set in place to arrive that is accountable to its public.” at and implement the decision. Government is one of the actors in The concept of governance was further developed in the Bank’s governance. Other actors involved in governance vary depending 1992 publication ‘Governance and Development’. In this on the level of government. publication, governance was defined as “the manner in which power Governance has been defined as the use of power and authority by is exercised in the management of a country’s economic and social those in government to provide goods and services to the people to resources for development.” uphold the common goal and fulfil the aspirations and needs of the Later on in 1994, the Bank substantiated this definition, common man. Governance, therefore, is concerned with power, “Governance is epitomized by predictable, open and enlightened strategies, policies, plans and projects that aim at improving the policy making (that is, transparent processes); a bureaucracy substance or quality of life. The people expect their government to imbued with a professional ethos; an executive arm of government proceed with its tasks in a way that maximum results follow with accountable for its actions; and a strong civil society participating minimum cost or investment. Governance becomes good when the in public affairs; and all behaving under the rule of law”. decisions and actions of the government are based on peoples’ Subsequently in 1998 World Bank’s annual report of Governance consent, legitimacy and accountability. Thus good governance is in Asia: From crisis to Opportunity, presented a more cogent concerned with high quality in governance. All sections of the society concept of good governance. The report elaborates four key today judge their government by their governance. Earlier, coercive components of good governance: accountability, transparency, state was considered to be most effective instrument of good predictability and participation. governance. In ancient and medieval India a king, though The Organization of Economic Cooperation and Development authoritarian, was supposed to be conscientious and responsive to (OECD) defines good governance as “the use of political authority the needs of the subjects. and exercise of control in a society in relation to the management of its resources for social and economic development”. The United

104 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Nations Development Programme, defines governance as “the  Comprehensive monitoring and assessment of the exercise of political, economic and administrative authority in the performance of the government. management of a country’s affairs at all levels. Governance comprises the mechanisms, processes and institutions through Elements of Good Governance which citizens and groups articulate their interests, exercise their Good Governance has 8 major characteristics. It is participatory, political rights, meet their obligations and mediate their differences.” consensus oriented, accountable, transparent, responsive, effective So, Good Governance signifies a participative manner of governing and efficient, equitable and inclusive and follows the rule of law. It that functions in a responsible, accountable, and transparent manner assures that corruption is minimized, the views of minorities are based on the principles of efficiency, legitimacy, and consensus for taken into account and that the voices of the most vulnerable in the purpose of promoting the rights of individual citizens and the society are heard in decision-making. It is also responsive to the public interest, thus indicating the existence of political will for present and future needs of society. ensuring the material welfare of society and sustainable development with social justice. Good governance is to promote and sustain holistic and integrated human development. The central focus is to see how the government enables, simplifies and authorises its people, regardless of differences of caste, creed, class, and political ideology and social origin to think, and take certain decisions which will be in their best interest, and which will enable them to lead a clean, decent, happy, and autonomous existence. People’s participation and the use of computers and information technology is must necessary for an efficient, effective, honest, transparent and law abiding system of governance. (a) Peoples Participation for Good Governance People’s participation is given increasing priority in the scheme of governance. It is recognized that people’s involvement in decision- making and decision implementation would act as:  a check on indifferent and inefficient bureaucracy. In other words people could act as pressure on administration to act and act in time.  instruments for a responsive and accountable administration.  a medium of development administration and self- government. (a) Participation  a mobiliser and user of local resources for local Participation by both men and women is a key cornerstone of good development. governance. Participation could be either direct or through legitimate The people can perform this role either by becoming a member of intermediate institutions or representatives. It is important to point any social organization or interest and pressure groups or welfare out that representative democracy does not necessarily mean that organization or a political party or by becoming a part of the concerns of the most vulnerable in society would be taken into bureaucracy and government at national, regional or local levels. consideration in decision making. Participation needs to be informed Notable organizations like: Narmada Bachao Andolan, Bachpan and organized. This means freedom of association and expression Bachao Andolan, Peoples’ Initiative, Help Age India, Common on the one hand and an organized civil society on the other hand. Cause Shiksha Bachao Andolan etc. in this context had a great (b) Rule of law impact. People, thus, can play a significant role as opinion makers Good governance requires fair legal frameworks that are enforced both in favour and against the government and administration. impartially. It also requires full protection of human rights, (b) Role of Computer and Information Technology (IT) particularly those of minorities. Impartial enforcement of laws The use of computers and information technology is visualized as requires an independent judiciary and an impartial and incorruptible a very effective tool of good governance. It seeks to improve. police force.  Delivery of services to the people at low cost. (c) Transparency  Empowerment of people through dissemination of Transparency means that decisions taken and their enforcement information. are done in a manner that follows rules and regulations. It also  Openness and transparency in the working of means that information is freely available and directly accessible government. to those who will be affected by such decisions and their  Innovations and introduction of new ideas and concepts enforcement. It also means that enough information is provided in the performance by the government and the people. and that it is provided in easily understandable forms and media.  Effective linkages between citizens and the (d) Responsiveness administration. Good governance requires that institutions and processes try to serve all stakeholders within a reasonable timeframe.

105 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 (e) Consensus oriented Good Governance in India There are several actors and as many view points in a given society. The idea of Good Governance is as old as Indian civilization. The Good governance requires mediation of the different interests in rulers were bound by dharma, popularly called ‘Raj Dharma’, which society to reach a broad consensus in society on what is in the best precisely meant for ensuring good governance to the people. Even interest of the whole community and how this can be achieved. It though monarchy prevailed, there was no place for any theory of also requires a broad and long-term perspective on what is needed the divine rights of the kings or of arbitrary rule. Raj Dharma was for sustainable human development and how to achieve the goals the code of conduct or the rule of law that was superior to the will of such development. This can only result from an understanding of the ruler and governed all his actions. This description of Good of the historical, cultural and social contexts of a given society or Governance found in ancient Indian scriptures, can be the Jataka community. tales, Shanti Parva-Anushasanparva of Mahabharat, (f) Equity and inclusiveness Shukracharyas’s Nitisar, Panini’s Ashtadhyayi, Aitreya Brahmana, A society’s well being depends on ensuring that all its members Valmiki’s Ramayana and especially in Kautilya’s Arthashastra. feel that they have a stake in it and do not feel excluded from the Arthashastra while highlighting the principle of good governance mainstream of society. This requires all groups, but particularly declares, “In the happiness of his people lies king’s happiness, in the most vulnerable, have opportunities to improve or maintain their welfare his welfare, whatever pleases himself he shall not their well being. consider as good, but whatever pleases his people he shall consider (g) Effectiveness and efficiency as good.” Good governance means that processes and institutions produce So in Indian scriptures Good Governance is called Raj Dharma, results that meet the needs of society while making the best use of i.e., righteous duty of the king. It means those who are involved in resources at their disposal. The concept of efficiency in the context governance must adhere to righteousness and do justice to the of good governance also covers the sustainable use of natural public. It has inseparable link to social welfare and inclusive resources and the protection of the environment. development. Absence of good governance has been identified as (h) Accountability the root cause of many of the deficiencies in society. It robs the Accountability is a key requirement of good governance. Not only citizenry of their social and economic rights. Good governance governmental institutions but also the private sector and civil signifies basic parameters such as rule of law, participatory decision- society organizations must be accountable to the public and to making structure, transparency, accountability, responsiveness, their institutional stakeholders. Who is accountable to whom varies equity and inclusiveness. The country’s administration has to run depending on whether decisions or actions taken are internal or on these principles. This necessitates a reorientation in the outlook external to an organization or institution. In general an organization of the civil services. or an institution is accountable to those who will be affected by its When during 1990s World Bank raised the issue of governance, decisions or actions. Accountability cannot be enforced without this immediately, became an issue of concern in India. The document transparency and the rule of law. of the Ninth Five Year Plan (1997- 2002) released in April 1999 included a Chapter on “Implementation, Delivery Mechanism and Significance of good governance Institutional Development.” In this chapter a review had been In practical terms, there are three particular features of good done on implementation of five year plans in India with a view to governance that makes it significance in the working of the identify weak spots in the formulation and implementation of plan government. programmes to find solution to the weaknesses. The issue of  First, the empowerment and capacity of government to decentralization in development planning, accountability of the frame and implement policies and discharge functions. implementing agencies and monitoring and evaluation of  Second, the form of political will. programmes were raised.  Third, the process by which authority is exercised in the This was followed by a more specific chapter titled, “Governance management of country’s economic and social resources and Implementation” in the Tenth Five Year Plan (2002-2007). It for development. covers the State, civil society and the market, each of which is It also reflects the attitudes of the people towards the functioning critical for sustaining human development. The State is responsible of the so many agencies of the government. “Good” governance for creating a conducive political, legal and economic environment promotes gender equality, sustains the environment, enables citizens for building individual capabilities and encouraging private to exercise personal freedoms, and provides tools to reduce poverty, initiative. The market is expected to create opportunities for people. deprivation, fear, and violence. Civil society facilitates the mobilization of public opinion and Good governance is significant in public institutions to conduct peoples’ participation in economic, social and political activities. and manage public affairs and resources to guarantee human rights The Eleventh Five Year Plan (2007-2012) signifies that the vision free of abuse and corruption, and with due regard for the rule of of inclusive growth, reducing poverty and bridging the various law. It is significant because it promises to deliver on the promise divides that continue to fragment our society can only be achieved of human rights: civil, cultural, economic, political and social rights. if there is a significant improvement in the quality of governance. Good governance is thus, a function of installation of positive The twelfth five year plan (2012-2017) defines good governance virtues of administration and elimination of vices of as an essential element of any well-functioning society. It ensures dysfunctionalities. It makes the government work effective, credible effective use of resources and deliverance of services to citizens and legitimate in administrative system and citizen-friendly, value and also provides social legitimacy to the system. caring and people-sharing.

106 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 Nature of Good Governance in India entire system transparent and faster. Redressal of public grievances is a very important component of a responsive administration. The Twelfth Five Year Plan (2012-2017) highlighted the following Technology can bridge the divide between the government and the features of Good Governance in India: citizens. Technology is an empowering tool for the citizen and an  As a democratic country, a central feature of good accountability medium for the government. Digital India aims to governance is the constitutionally protected right to elect transform the country into a digitally empowered society and government at various levels in a fair manner, with knowledge economy. Proposed to be implemented in phases, effective participation by all sections of the population. Digital India is transformational in nature and would ensure that This is a basic requirement for the legitimacy of the Government services are available to citizens electronically. It government and its responsibility to the electorate. would also bring in greater accountability through mandated delivery  The government at all levels must be accountable and transparent. Closely related to accountability is the need of government’s services electronically. Good Governance Day is observed in India annually on the twenty- to eliminate corruption, which is widely seen as a major fifth day of December, the birth anniversary of former-Prime deficiency in governance. Transparency is also critical, Minister . Good Governance Day is being both to ensure accountability, and also to enable genuine observed from 2014 to honour Prime Minister Vajpayee by participation. fostering awareness among the Indian people of accountability in  The government must be effective and efficient in government. delivering social and economic public services, which are its primary responsibilities. This requires constant monitoring and attention to the design of our programmes. e-Governanace Where the responsibility for delivery of key services Good governance is fundamental and e-Governance is instrumental. such as primary education and health is at the local level, e-Governance is a tool. No e-Governance tool can be successful this requires a special attention for ensuring the without focusing attention to process reforms for good governance. effectiveness and efficiency of local governments. Good governance dictates the design and shape of e-Governance  Governments at lower levels can only function efficiently tools. e-Governance can be an effective and efficient tool for good if they are empowered to do so. This is particularly governance if and only if the process reforms have been carried relevant for the Panchayati Raj Institutions (PRIs), which out. With process re-engineeering, effective implementation of e- currently suffer from inadequate devolution of funds as Governance can take IT to the common man, helping the well as functionaries to carry out the functions government to align services with the changing needs of both citizens constitutionally assigned to them. and other stakeholders.  An overarching requirement of good governance is that Electronic governance or e-governance is the application of the rule of law must be firmly established. This is relevant information and communication technology (ICT) for delivering not only for relations between the government and government services, exchange of information, communication individuals, enabling individuals to demand their rights, transactions, integration of various stand-alone systems and but also for relations between individuals or businesses. services between government-to-citizen (G2C), government-to- A modern economic society depends upon increasingly business (G2B), government-to-government (G2G), government- complex interactions among private entities and these to-employees (G2E) as well as back office processes and interactions can be efficiently performed only if legal interactions within the entire government framework. Through e- rights are clear and legal remedies for enforcing these governance, government services will be made available to citizens rights are swift. in a convenient, efficient and transparent manner. The three main  Finally, the entire system must function in a manner target groups that can be distinguished in governance concepts are which is seen to be fair and inclusive. This is a government, citizens and businesses/interest groups. perceptional issue but it is real nonetheless. Generally four basic models are available – government-to-citizen Disadvantaged groups, especially the SCs, STs, minorities (customer), government-to-employees, government-to-government and others, must feel they have an equal stake and should and government-to-business. perceive an adequate flow of benefits to ensure the (a) The goal of government-to-citizen (G2C) e-governance legitimacy of the State. is to offer a variety of ICT services to citizens in an Good Governance is the key to a Nation’s progress. Government efficient and economical manner, and to strengthen the should be committed in providing a transparent and accountable relationship between government and citizens using administration which works for the betterment and welfare of the technology. Here an interface is set up between common citizen. government and citizens, which enables citizens to get Prime Minister Narendra Modi has given more emphasis on access to wide variety of public services. The citizens Governance. PM Modi has said, “Citizen-First is our mantra, have the freedom to share their views and grievances on our motto and our guiding principle. It has been my dream to bring government policies anytime, anywhere. There are several government closer to our citizens, so that they become active methods of government-to-citizen e-governance. Two- participants in the governance process.” way communication allows citizens to instant message An important step for Good Governance is simplification of directly with public administrators. Online service procedures and processes in the Government so as to make the delivery has made the process easier, faster and also transparent.

107 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

(b) Government to Employee partnership (G2E) is one of objective is to bring public services closer home to citizens, as four main primary interactions in the delivery model of articulated in the Vision Statement of NeGP. E-Governance. It is the relationship between online tools, The Government approved the National e-Governance Plan sources, and articles that help employees maintain (NeGP), comprising of 27 Mission Mode Projects and 8 communication with the government and their own components. In the year 2011, 4 projects - Health, Education, companies. E-Governance relationship with Employees PDS and Posts were introduced to make the list of 27 MMPs to 31 allows new learning technology in one simple place as Mission Mode Projects (MMPs). The Government has accorded the computer. E-governance makes it possible for approval to the vision, approach, strategy, key components, employees to become paperless and makes it easy for implementation methodology, and management structure for NeGP. employees. Some of the benefits of G2E expansion In order to promote e-Governance in a holistic manner, various include: E-payroll, E-training etc. policy initiatives and projects have been undertaken to develop (c) Government-to-Government (G2G) is the online core and support infrastructure. The major core infrastructure interaction between Government organisations, components are State Data Centres (SDCs), State Wide Area departments, and authorities. When the exchange of Networks (S.W.A.N), Common Services Centres (CSCs) and information and services is within the periphery of the middleware gateways i.e National e-Governance Service Delivery government, is termed as G2G interaction. This can be Gateway (NSDG), State e-Governance Service Delivery Gateway both horizontal, i.e. among various government entities (SSDG), and Mobile e-Governance Service Delivery Gateway and vertical, i.e. between national, state and local (MSDG). The important support components include Core government entities and within different levels of the policies and guidelines on Security, HR, Citizen Engagement, Social entity. The use of ICT can connect all parties and support Media as well as Standards related to Metadata, Interoperability, processes and activities. Other objectives are to make Enterprise Architecture, Information Security etc. government administration more transparent, speedy and Several e-Governance initiatives include: accountable, while addressing the society’s needs and  Aadhaar-Digital Biometric Identity Infrastructure expectations through efficient public services.  Digital Locker (d) Government-to-Business (G2B) is the interaction  Government Procurement - Government e-Marketplace between local and central government and the commercial (GeM) business sector with the purpose of providing businesses  GI Cloud (MeghRaj) information and advice on e-business ‘best practices’. It  Common Services Centers helps the business class to interact with the government  Service Delivery Gateway seamlessly. It aims at eliminating red-tapism, saving time,  State Data Centre cost and establish transparency in the business  State Wide Area Network (SWAN) environment, while interacting with government.  eTaal  e-Pramaan e-Governanace in India E-governance is a powerful tool of good governance. The National Central MMPs State MMPs Integrated MMPs e-Governance Plan has the vision to “Make all Government services  Banking  Agriculture  CSC  Central Excise &  Commercial Taxes  e-Biz accessible to the common man in his locality, through common Customs  e−District  e-Courts service delivery outlets and ensure efficiency, transparency &  Income Tax (IT)  Employment Exchange  e-Procurement reliability of such services at affordable costs to realize the basic  Insurance  Land  EDI For eTrade  MCA21 Records(NLRMP)  National e-governance needs of the common man”. A network of more than 100,000  Passport  Municipalities Service Delivery Common Service Centres for electronic delivery of public services  Immigration, Visa  e-Panchayats Gateway and Foreigners  Police(CCTNS)  India Portal to citizens in rural areas has been rolled out. The citizen-centric e- Registration&  Road Transport Governance services have been implemented in different states Tracking  Treasuries under the e-District Project. It has helped to change the outlook of  Pension Computerization  e-Office  PDS the masses towards administration. Automation of government  Posts  Education services has facilitated information dissemination. It has been  UID  Health successful in areas like land records management, law and order administration, pension disbursement and public information systems, especially relating to health and railways. The greater Digital India usage of internet has helped to integrate all areas of our country Digital India is a campaign launched by the Government of India to into the mainstream. ensure the Government services are made available to citizens The National e-Governance Plan (NeGP) takes a holistic view of electronically by improved online infrastructure and by increasing e-Governance initiatives across the country, integrating them into Internet connectivity or by making the country digitally empowered a collective vision, a shared cause. Around this idea, a massive in the field of technology. The initiative includes plans to connect countrywide infrastructure reaching down to the remotest of rural areas with high-speed internet networks. Digital India consists villages is evolving, and large-scale digitization of records is taking of three core components, (a) development of secure and stable place to enable easy, reliable access over the internet. The ultimate digital infrastructure, (b) delivering government services digitally, and (c) universal digital literacy.

108 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

Launched on 1 July 2015 by Prime Minister Narendra Modi, it is disbursement of services) is working to provide a range both enabler and beneficiary of other key Government of India of public services through computers to the people. schemes, such as BharatNet, Make in India, Startup India and Standup India, Industrial corridors, Bharatmala, Sagarmala, Hindrances to Good Governance Dedicated Freight Corridors and UDAN-RCS. Countries at the international and national levels have shown much Digital India was launched with an objective of connecting rural seriousness about good governance. But how is it that they have areas with high-speed Internet networks and improving digital not been finding it so easy to provide to all their citizens a just, literacy. The vision of Digital India programme is inclusive growth equal and free social order. Corruption is a major obstacle in the in areas of electronic services, products, manufacturing and job path of good governance. opportunities etc. and it is centred on three key areas – Digital Corruption is a universal disease causing harm to the people and Infrastructure as a Utility to Every Citizen, Governance & Services government almost everywhere in the world. Corruption is an on Demand and Digital Empowerment of Citizens. The illegal use of authority for personal gains. However, in the countries Government of India entity Bharat Broadband Network Limited like India it has assumed the shape of a cancer. Corruption is a (BBNL) which executes the BharatNet project will be the custodian worldwide phenomenon. But the question of probity and of Digital India (DI) project. BharatNet will connect all the 625,000 corruption is getting a little more attention than earlier. The exposure villages of India by December 2018. of the scams and the demand for action against the corruption is The Government of India specifically targets nine ‘Pillars of the now increasing. But no step to fight corruption will be effective Digital India’ as follows: unless all forms of corruption – political, economic, moral and 1. Broadband Highway administrative are fought with a sense of commitment and will. 2. Universal Access to Mobile connectivity Good governance is an ideal which is difficult to achieve in its 3. Public Internet Access Programme totality. Very few countries and societies have come close to 4. E-Governance, reforming Government through achieving good governance in its totality. However, to ensure Technology sustainable human development, actions must be taken to work 5. E-Kranti, electronic delivery of services towards this ideal with the aim of making it a reality. The traditional 6. Information for All view of good governance was that a government must preserve the 7. Electronics Manufacturing rule of law, engage in physical and social infrastructure development, 8. IT for Jobs provide enabling environment for growth and ensure civil and 9. Early Harvest Programmes political freedoms. Today, accountability, transparency, Government of India accords highest priority to the Digital India inclusiveness equitability sustainable development etc have become programme that is an umbrella programme for transforming India the key ingredients of good governance. into a digitally empowered society and knowledge economy. The However, to ensure sustainable human development, actions must pillars 4 and 5 of the Digital India programme, namely ‘e- be taken to work towards this ideal with the aim of making it a Governance: Reforming Government through Technology’ and ‘e- reality. The instruments of the State and the civil society need to Kranti - Electronic Delivery of Services’ respectively are directly be guided by the Talisman that the Father of the nation- Mahatma linked to the e-Kranti: National e-Governance Plan (NeGP) 2.0. Gandhi prescribed for social, political and religious leadership of The implementation of e-Kranti is vital for Digital India and for independent India in August 1947, “I will give you a talisman. the delivery of e-governance, easy governance and good governance Whenever you are in doubt, or when the self becomes too much in the country. with you, apply the following test. The Union Cabinet in its meeting held on 25.03.2015 has approved Over the subsequent years India has experienced significant political the Approach and Key Components of e-Kranti that include, inter and economic progress. Democracy in India has indeed put down alia, the vision, mission, key principles of e-Kranti, Approach and firmer roots and economic growth accelerated. However, despite Methodology, Programme Management Structure and achieving success on several counts, there are still many challenges Implementation Strategy including the Mission Mode Projects for the governance system in our country. Corruption is one of the and Core ICT Infrastructure. The vision of e-Kranti is biggest factors that hinder efficient performance of the economy. “Transforming e-Governance for Transforming Governance” and There is need to eliminate interface in the delivery of services. It is its mission is “To ensure a Government-wide transformation by also necessary to adopt non-discretionary approach towards delivering Government services electronically to the citizens through decision-making and initiate two-way communication with the integrated and interoperable systems via multiple modes, while users. Governance is a holistic approach, involving all the pillars ensuring efficiency, transparency and reliability of such services at of the State, including provision of justice. The involvement of affordable costs.” civil society in governance has become crucial to ensure transparent Different State Govts have also undertaken number of initiatives and efficient administration. There is a serious need to build like SMART (simple, moral, accountable, responsive and transparent) (a) The Gyandoot programme being implemented in Dhar administration to achieve the objective of good governance. district of Madhya Pradesh in India provides the number of services like online registration, copies of land record, agriculture produce auctioning etc. (b) In Kerala a computerized project known as FRIENDS  (Fast, Reliable, Instant, Efficient Network for

109 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

1. CYBER SECURITY AND NEED OF CYBER LAWS IN INDIA With information technology being applied to trade and commerce as well as to governance, cyberspace becomes a very vulnerable zone. At the same time, the issues of individual/personal privacy and other social and cultural practices are at stake. Therefore, a systematic framework of cyber laws is required to act as a facilitator. Cybersecurity is a process, technique or procedure to ensure the information security goals. Cybersecurity includes IT security, digital security, electronic security, systems security, internet security etc. The Global Cybersecurity Index 2017 by the International Telecommunication Union, which measured the commitment of nations to cybersecurity, ranked India 23 out of 165 nations. Cyber Space vulnerability in India  India’s vulnerability to cyber attacks is going to increase exponentially with the development of cyber infrastructure and programmes such as Digital India, National Optical Fibre Network, eGovernance, eCommerce, and eServices etc.  Scorpene Submarine Data Leek Case is a reminder of India’s need to re-look at its cybersecurity norms. As the leak could provide crucial intelligence data to India’s strategic rivals, such as Pakistan or China.  The government claimed that the potential ransomware attack had no serious impact on India, with only isolated incidents reported across the country while cybersecurity experts claim that the malware infected at least 48,000 computer systems across various organizations in India. This raises doubts as to whether ransomware attacks would even be properly understood and reported in India. Issues in Cyberspace  Data protection and protection of privacy of individuals and corporate entities. Hackers are breaking into computer systems without owner’s knowledge and consent.  While Digital India can bridge the Rural- Urban Divide but the legal framework for implementing the same is not in existence. The entire framework of digital India is based on cyber security and it will play a major part in ensuring the success of Digital India.  Cyber frauds– Companies not complying with RBI guidelines of double authentication.  Child pornography– UNICEF in its report titled ‘State of the World’s Children 2017: Children in a Digital World’, stated that “1 in every 3 internet users worldwide is a child and optimum efforts should be made to ensure that children have access to safe online content. And UNICEF has pointed out that there is need to make the digital world safer for the children.  Terrorist Financing– Terrorist groups are using cyber networks to formulate plans, raise funds, spread propaganda etc.

110 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

 Cyber-attacks lead to heavier losses like Critical evaluation Of IT Act 2000 operational disruptions, loss of sensitive  IT Act 2000, is inadequate to deal with the current information and designs, impact on brand image requirements, it was amended last in 2008. The etc. proliferation of social media, growth of e-  Protection of Copyright and other Intellectual commerce and demonetisation, etc. which has Property Rights. spurred the growth in the digital economy, so the International Cyber Scenario IT act needs to be reconsidered in the light of It is widely believed that the 2016 US presidential election these developments. was an easy target for Russian cyberespionage, which tilted National Cyber Security Policy 2013 the balance in favor of Donald Trump. An year later, the  This policy aims to ensure a secure and resilient French presidential election in April 2017 also saw a similar cyberspace for citizens, businesses, and the cyber attack, in which hackers attempted to sabotage the government. election chances of the presidential candidate, Emmanuel  To generate adequate trust & confidence in IT Macron. systems and transactions in cyberspace and The Internet now has the potential to affect the geopolitics thereby enhance adoption of IT in all sectors of of states as well as their geo-economics. The Snowden the economy. leak (2013) has brought into focus the extent of the mass  To establish a National and Sectoral level 24 x 7 unwarranted cyber surveillance by a single country (USA). mechanisms for obtaining strategic information It has raised serious concerns regarding the sovereignty regarding threats to ICT infrastructure. and security of nation states and the violation of basic  Provisions for fiscal benefits to businesses/ human rights such as the right to privacy. Therefore, there organisations for adoption of standard security is an immediate need to have strong International Cyber practices and processes. laws to regulate such global threats.  It aims for the creation of a 5,00,000-person Budapest Convention workforce (cyberwarriors) skilled in cybersecurity  The Convention on Cybercrime (Budapest within five years. Convention) came into force on 1st July 2004. Need for effective Cyber Security Policy  It is the first international treaty on cybercrimes.  In a cyberattack in May 2017, hackers were able to  Its main objective, is to pursue a common criminal swindle about $170 million from the account of policy aimed at the protection of the society Union Bank of India. Such incidents have raised against cybercrime, especially by adopting concerns about the nature and extent of appropriate legislation and fostering cyberattacks in India and the need for appropriate international co-operation. policy, legal, and security responses. Cyber Laws in India International Cooperation in field of Cyber Security Information Technology Act (IT Act), 2000 Global Conference on Cyberspace (GCCS)  The IT Act is an umbrella legislation that primarily  It was hosted in India in 2016. aims to regulate electronic commerce as well as  This is a conference held biennially since gradually promote a culture of e-governance in 2011(London). India.  It is a platform where governments, private sector  It seeks to effectuate the 1997 United Nations and civil society gather to discuss and promote Commission on International Trade Law practical cooperation in cyberspace, to enhance (UNCITRAL) Model Law on E-Commerce and refers cyber capacity building, and to discuss norms for to it in its preamble. responsible behaviour in cyberspace. Information Technology (Amendment) Act, 2008 Cyber Security Cooperation between India and Israel  IT ACT, 2000 was amended through Information  The agreement envisages collaboration in the Technology (Amendment) Act, 2008. field of cyber security resilience, promoting B2B  The amendment widened the definition of Cyber cooperation in cyber security and facilitating Security. Act added provisions to the existing industrial summits. Information Technology Act, 2000 to deal with new  This is also meant to develop, promote and expand forms of cyber-crimes like publicizing sexually cooperation in the field of Human Resource explicit material in electronic form, video Development. voyeurism, cyber terrorism, breach of  Training programmes, skill development in field confidentiality and leakage of data by of cyber security is a major focus. intermediary and e-commerce frauds. Government initiatives to ensure safe Cyber  The law seems to take a reasonable effort to security Environment tackle two areas of policy in need of reform: Committee on Cybersecurity cybersecurity and data privacy.  Gulshan Rai committee, report on “Roadmap for Effectively Tackling Cyber Crimes in the Country” few important recommendations are:

111 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

 An Indian Cyber Crime Coordination Centre should Challenges in Cyber Security be established, and which should be linked to  Low level of awareness- A number of cyber security NATGRID and CCTNS (Crime and Criminal Tracking incidents go unidentified and unreported. Network System)  The cyber infrastructure for adequate point-of-sale  Along with one dedicated secure gateway for all (POS) machines is still massively below government communication. requirement.  Government’s dependence on foreign servers  Scarcity of trained manpower to counter and should be reduced. investigate cyber-attacks.  To suit the current requirements and prosecute  Absence of any geographical barriers for the cybercrimes the Evidence act should be cybercrime makes it difficult to locate the amended. attackers. BN Srikrishna Committee for data protection framework  Technology in field of cyberspace is rapidly  A committee to identify “key data protection evolving which further pose challenges on the issues” and recommend a framework for data Security architecture. protection law in the country.  Lack of coordination: There are many counter cyber- CERT-In attack agencies without effective coordination  Indian Computer Emergency Response Team (CERT- and information sharing. In) is a government mandated nodal agency for Suggestion for improving Cyber Security infrastructure and information technology (IT) security. to ensure protection from such threats  It was established in 2004 under the aegis of  Cyber education should start at school level to Department of Information Technology, Ministry keep children well informed, engaged and of Electronics and IT. protected online. NIC-CERT  Delhi High Court has ordered the internet  Government has set up first NIC-CERT centre to companies to appoint the grievance officers, if prevent, predict cyber-attacks. this is done properly it will help the enforcement  It is an initiative by the Ministry of Information Agencies too in implementing the law. Technology under Digital India to enhance the  One misconceptions about cyber-attacks is that security posture of NIC and the government. they restricted to the financial services and Cyber Swachhta Kendra launched in New Delhi banking sector. Cybersecurity needs to be The Ministry of Electronics & Information Technology integrated in every aspect of policy and planning. (MeitY) launched Cyber Swachhta Kendra a new  To face the challenges due to Cyber threats or desktop and mobile security solution for a secure social Media, the present capabilities of cyberspace in the country. The centre is operated by specialized organization like Indian Computer the Indian Computer Emergency Response Team (CERT- Emergency Response Team (CERT-IN), Centre for In). Development of Advanced Computing (C-DAC) need The Cyber Swachhta Kendra is part of the government to be strengthened. of India’s Digital India.Three cyber protection tools  A ‘Cyber Wing’ in each the four divisions of the were also launched. National Cadet Corps (NCC) of India can be  USB Pratirodh: It is a desktop security solution to established to train the students related to cyber protect from USB mass storage device threats. security threats.  M-Kavach: It is an indigenously developed mobile  While drafting cyber laws, there should be a application to address the security threats in mechanism to take inputs from the industry. mobiles Because the responsibility of securing the  App samvid: It aims to protect systems by cyberspace where one is operating, lies not only preventing threats from malicious applications with countries at large, but also with individuals and allowing installation through white listing. and enterprises. Indian Cyber Crime Coordination Center (I4C)  Governments, private sector, children’s  Central Government has established Indian Cyber organizations and families should take Collective Crime Coordination Center (I4C) at National Level to action for making digital world safer and deal with all types of cyber-crime. accessible for children.  It will act a nodal point in fight against Cyber  Govt need to ensure that cyber protection becomes Crime also as Early Warning System for Law an attractive and viable career option for the youth. Enforcement Agencies.  We should learn from international examples as  It will also set up a platform for victims to lodge European Union and United States have very strict Cyber Crime complaints. cyber laws and they have imposed heavy penalties  I4C can be used to investigate the cases of Cyber- against the defaulting companies in the past. Crime including Child Pornography and Online Abuse.

112 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

 Besides, the life of these bonds is only 15 days which limits the scope for misuse. Also political parties are supposed to disclose the 2. ELECTORAL BONDS contributions received through electoral bonds to the Election Commission. Therefore, the bonds help in cleaning up the system of electoral finance - SIGNIFICANCE AND in India.  The bonds also offer tax advantage to donors, thus ISSUES INVOLVED making them an attractive tool for political donations. Mooted for the first time in the Union Budget, 2017, Electoral Concerns raised against Electoral Bonds bonds are bearer bonds that is they are  RBI’s autonomy – The government had to amend to be registered in the name of a specific owner but will RBI act in order to issue these bonds as bearer pay to whosoever owns them. One can purchase these bonds have the characteristics of currency notes bonds from an authorized bank using cheques or digital which are issued solely by the central bank. The payment methods and make donations to political parties amendment however will amount to fragmenting using these bonds, which can be redeemed in the accounts of the notes issuing power of the RBI particularly of a political party. at a time when its autonomy is being questioned What are Electoral bonds? over its tacit acceptance of Demonetization.  Electoral bonds are designed as bearer  No Transparency – The bonds are not registered instruments like Promissory notes that carry no in the name of a specific person as a result information about the owner but yield to the holder donations through electoral bonds continue to or bearer of the bond. The details of the donor provide anonymity to donors. are not made public but are available only with  Could be used as conduit for money laundering the bank. and hoarding black money – Since these bonds  It can be purchased by an Indian citizen or a body continue to provide anonymity to holders, they can incorporated in India. be misused much like the Indira Vikas Patras  A political party registered under RoPA, 1951 that floated as development bonds in 1987 that fell secures at least one percent of votes polled in into disrepute owing to similar reasons. state elections or Lok Sabha elections will be  These will also facilitate round tripping that is allotted an account by the Election Commission rerouting of illicit funds that originate in India, of India, into which the bonds can be redeemed back into the country through a tax haven. Here, it within 15 days of purchase. must be noted that India ranks at 19 in a list of  Donations made through these bonds are exempt 180 countries that figured in the Paradise paper from taxes. leaks that listed out individuals and companies  The bonds will be issued in multiples of Rs 1000, that moved finances to off-shore locations to Rs 10,000, Rs 1 Lakh, Rs 10 Lakh and Rs 1 Crore and evade taxes. Electoral bonds offer secrecy and will can be bought by the donor with a KYC compliant encourage such tax evasion. account from designated branches of SBI only.  Anti- democratic – Law Commission in its  They cannot be purchased by paying cash. The 255th report pointed out that secrecy and anonymity maximum amount that a political party can receive provide fertile grounds for lobbying and capture as donation in cash is capped at Rs 2000. Electoral of governments by big donors. Electoral bonds bonds thus permit them to raise higher sums. therefore will be instruments that ensure Why is electoral bonds needed? ‘government of the few’.  They provide a transparent mechanism for  Non- disclosure to Election Commission – While political parties to raise finances in order to meet RoPA,1951 specifies that donations received by election expenditures. Since the donor buys political parties in sums greater than Rs 20,000 electoral bonds after furnishing KYC details to the be disclosed to the tax authorities, the Finance bank, it is a more transparent tool than cash. Bill,2017 explicitly provides an exemption from  The ADR ( Association for Democratic Rights) this clause to electoral bonds. This mars the very states that 69% of political funding in India comes purpose of cleaning up electoral finance. from unknown sources. In this context, Electoral  Not enough secrecy – Another concern raised by bonds provide an alternate, transparent route for political parties against electoral bonds is that parties to raise funds. the incumbent government can easily find out  It also preserves anonymity of donors which is donor details using KYC details shared with banks. essential as they need to be protected against This could make the instruments unpopular. any post-poll intimidation or harassment by political opponents.

113 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

 Further the scheme was introduced through  It was an opportunity to discuss areas of shared Finance bill,2017 and as such was not debated in interest, find ways to dial down mutual tensions the upper house. and work together to address global issues. What further reforms are needed in Indian Electoral  Notably, the past few years have seen a significant Finance? spike in Russia’s international confrontations with  The cap of Rs 2000 for cash donations provides an the west and the U.S. opportunity for flow of black money into elections.  Despite these tensions, the threat posed by This should be eliminated altogether. Election nuclear weapons and intercontinental ballistic Commission has suggested that parties be made missiles, were discussed at the Helsinki summit. to disclose contributions received in cash for  But it’s not clear whether the talks will lead to smaller sums in case they exceed 20% of total any significant change in policies due to the lack funds raised. This can be considered. of consistency in Mr. Trump’s approach.  An intrusive scrutiny of election expenditure Did the events of the 2016 U.S. presidential elections affect incurred by parties and candidates is required so the summit? as to ensure detection of black money in the  Trump openly called for bettering ties with Russia system. in his campaigns, and some of his campaign aides  To prevent parties from flouting expenditure also established contacts with Russians. norms, Election commission should permit higher  In that backdrop, allegations were rife that Russia expenditure limit for candidates. had deployed hackers to prop up Trump’s chances  A shorter campaign period will limit expenses in the elections and weaken his opponents. incurred by parties. Simultaneous elections  After the elections, an inquiry was set up to probe should also be explored for the same reasons. the case, and recently, 12 Russian intelligence  National Electoral Fund, as suggested by former officials were indicted by the U.S. justice Chief Election Commissioner S.Y Quraishi, to which department. all donors can contribute is another plausible  Due to the mounting evidence, Trump had earlier alternative. stated that, “while Russians might have hacked  To bring all parties on a level playing field and to emails, it didn’t influence the election results”. make private donations less relevant, state  Hence, even before the summit began, there were funding of elections can also be explored. concerns that the alleged Russia interference in  Electoral bonds are one of a kind instrument the presidential elections could the meet. introduced in the country to clean up the political  After the summit Trump had stated that he system. While they raise concerns, they are better believes in Mr. Putin’s assertion that Russia had than cash and introduce more transparency in no role in the electoral meddling. electoral finance. The need is to pair them with  This u-turn implicitly means that Trump has other reforms needed in the electoral system to accepted Mr. Putin’s version over the one stated bring down the role of money power in Indian by the U.S. intelligence, which has caused an politics. uproar.  Mr. Trump could have certainly managed the summit better by addressing genuine concerns in the U.S. over allegations of Russia’s election 3. US-RUSSIA : meddling. Why is Russian engagement essential?  The resolving the civil war in Syria, and the saving HELSINKI SUMMIT the “Iranian nuclear deal”, are important areas U.S. President Trump recently met with his Russian that require Russia-US cooperation. counterpart Vladimir Putin at Helsinki in Finland for a  Arms Race - Cold war triggered the massive bilateral discussion. While it was a historic opportunity of expansion of the nuclear and other arsenal of both sorts, its outcomes are uncertain. the US and USSR (Russia), which was a scary trend. What is the context in which the Helsinki summit took place?  In this context, “Strategic Arms Reduction Treaty”  A tense cold war was fought between the blocs (START) was signed as a mutually declared lead by the U.S. and Russia (Soviet Union) for over disarmament treaty between the U.S. and Russia 5 decades, which polarised the entire world. in 1991.  While tensions of the cold war have presently  This was subsequently renewed as “New START” subdued, the recent summit nonetheless was an in 2010 to further the cause and this renewed deal important for both the countries. is set to expire by 2021.  While Russia has displayed willingness to renew it, high-level talks between the U.S. and Russia are needed to seal the agreement.

114 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

 Ukraine Crisis - Ukraine was one of the republics Key Highlights of the 2011 Census data on Language and within the USSR during the cold war days, and has Mother Tongue remained a strong ally of Russia ever since till  As per the 2011 census, 43.63 percent of Indians 2013. speak Hindi as their mother tongue.  While it was planning to sing an association  Bengali, with 8.03 percent speakers, is second in agreement with the European Union in 2013, the list, followed by Marathi at 3rd with 6.86 Russia sternly objected to it, leading to tensions. percent speakers, Telugu at 4th with 6.7 percent  Russia subsequently annexed “Crimea” (Russian speakers and Tamil at 5th with 5.7 percent speaking province in Ukraine) by force and speakers. declared its sovereignty over it with people’s  In all, 13 of the 22 scheduled languages were support. reported as the mother tongue by at least 1  Currently, the issue remains unresolved and the percent of the population. various approaches adopted by the international  Except for Sanskrit, each of the 21 scheduled community have come a cropper. languages was reported as the mother tongue by What is the way ahead? at least 10 lakh people.  Many of Russia’s rough actions were  Sanskrit is the only language that is spoken by a internationally condemned and several economic set of around 25000 people. sanctions were imposed as a pressure tactic. Rise in Hindi language speakers  Although, these made the Russian economy Hindi is the most spoken Indian language. It is one of two stumble for breath, Russia’s international languages used by the Union government, the other being ambitions have only grown stronger and more English. aggressive. Currently, 43.63 percent of India speaks Hindi including  Hence, as isolating Russia is proving to be languages such as Bhojpuri that are fighting to be accorded fruitless and abrasive, the international separate status. Between 2001 and 2011, Hindi grew at a community needs start engaging Russia to rate of 25 percent, adding about 100 million new Hindi smoothen things. speakers.  Russia, in turn, will have to shed its rogue attitude Among the 10 largest languages in India, Hindi is the only and be more open to address the bitterness of one that saw the rise in the proportion of its speakers. The the past in order to build a better future. language has been witnessing the growth since 1971, driven mostly by high population growth in the Hindi-speaking states. Decline in South Indian language speakers 4. LANGUAGE DATA The lower population growth in the five Dravidian language-speaking states, namely Tamil Nadu, Karnataka, Kerala, Andhra Pradesh and Telangana has resulted in the OF 2011 CENSUS fall in proportion of Telugu, Tamil, Kannada and Malayalam All countries like to think of themselves as special. But language speakers. when it comes to language, a fairly good argument could While Hindi grew by 161 percent between 1971 and 2011, be made that India is objectively so. Most states in the these four largest Dravidian languages grew at half that world are monolingual or have a clearly dominant rate that is at 81 percent over the same period. language. This trend is so common that in the Old World, The 1981 census data for Tamil language was lost in a the names of many countries are simply a variant of a flood and is unavailable. The data for Tamil has been language – France, Mongolia, Turkey. But India has as many inferred by observing the change between 1971 and 1991 as 22 official languages. Moreover, there are at least 41 census data. more languages demanding inclusion in the Eighth Growth of Hindi language speakers in South India Schedule to the Constitution of India, which accords a The growing movement of people from north to south has tongue official status.. In the midst of this linguistic led to greater presence of Hindi in the five southern states. cornucopia, the census conducted by the Union government In Tamil Nadu, the proportion of Hindi speakers nearly every decade provides a way for policy makers, political doubled from 2001 to 2011. watchers and language nerds to make sense of it all. However, in some cases, this growing migration from North The Office of the Registrar General and Census to South resulted in agitation such as in Bengaluru, Commissioner of India on June 26, 2018 released the 2011 Karnataka; the government was forced to remove Hindi Census data on Language and Mother Tongue. The signages from the city metro. Language Census 2011 represents an updated linguistic Drop in numbers of Urdu speakers scenario. As per the language census data 2011, two scheduled As per the 2011 Census data, there is a rise in number of languages, Urdu and Konkani, saw fall in absolute numbers. Hindi speakers, however, speakers of South Indian There are 50772631 Urdu speakers in India, a fall of about languages and Urdu dropped down.

115 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

1.5 percent since 2001. The decline in Konkani speakers is 9.5 percent. Urdu speakers are spread across India but the language’s strongest presence is in the two largest Urdu-speaking 5. ISRO CONDUCTS states - Uttar Pradesh and Bihar. The Urdu language in modern India is associated only with Muslims, however, this fall in Urdu speakers is strange as SUCCESSFUL FLIGHT the Muslim population in Uttar Pradesh and Bihar has grown between 2001 and 2011. TESTING OF CREW Bengali retains its position as 2nd most spoken language As per the 2011 census, Bengali, with 8.03 percent, is second ESCAPE SYSTEM in the list after Hindi in terms of percentage of speakers. As Hindi language, Bengali too spreads to other states The Indian Space Research Organisation (ISRO) on July 5, with migration. The language is spreading to the south 2018 conducted successful flight testing of ‘Crew Escape and west, there are 4.4 lakh Bengalis in far-off Maharashtra System’. The major technology demonstration is the first in and 2.2 lakh in Delhi. a series of ‘pad abort’ tests to qualify the system, which is In South, the numbers are small, however, they are growing. a critical technology relevant for future human space In Kerala, the proportion of Bengali speakers has grown mission. nine times. What is Crew Escape System? Sharpest language divide in Assam The Crew Escape System is an emergency escape measure The sharpest language divide of India exists in Assam, designed to quickly pull the crew module along with the where a proposed citizenship law and National Register astronauts to a safe distance from the launch vehicle in of Citizens have divided the state’s Assamese and Bengali the event of a launch abort. speakers. The first test (Pad Abort Test) demonstrated the safe Assam is the only major state that does not have any recovery of the crew module in case of any exigency at the language group in a majority. Assamese speakers, the launch pad. largest group, make up 48 percent of the state, however, Key Highlights the proportion of Bengali speakers went up in 2001-2011.  ISRO tested the crew escape system for its new Increase in English language speakers crew capsule in an emergency Pad Abort Test (PAT). English seems to have registered a 15 percent jump in  The Crew Escape System along with the simulated number of speakers since 2001, making it one of the fastest crew module with a mass of 12.6 tonnes, lifted off growing languages in the decade. from its launch pad at the Space Decline in tribal languages speakers Centre in Sriharikota, following a smooth The lesser-known tribal languages spoken in remote countdown of 5 hours. corners of India have shown a decline, as per the findings  The test, which lasted for around 259 seconds, a of the 2011 Language Census. little over 3 minutes, involved aborting the crew These include the Sema language of the Naga tribe, the module at launch to save the astronauts. Monpa language of Arunachal Pradesh, Nagaland’s Phom,  During the test, the Crew Escape System along with Odisha’s Jatapu, Himachal Pradesh’s Lahauli and Bhumij the crew module soared upward towards the sky of Eastern India and then arced out over the Bay of Bengal and Language Census floated back to Earth under its parachutes, about  The primary objective of the Linguistic Survey of 2.9 km from Sriharikota. India is to present an updated linguistic scenario.  The crew module reached an altitude of nearly  The census followed a certain methodology to 2.7 km under the power of its seven specifically- arrive at these findings. It defined “Mother designed quick acting solid motors to take away tongue” as ‘the language spoken in childhood by the crew module to a safe distance without the person’s mother to the person. If the mother exceeding the safe g-levels. died in infancy, the language mainly spoken in  Nearly 300 sensors recorded various mission the person’s home in childhood will be the mother performance parameters during the test flight. tongue’.  Further, three recovery boats were exercised to  There are total 121 languages that are considered retrieve the module as a part of the recovery as mother tongues. Of these, 22 languages are protocol. included in the Eighth Schedule of the Indian Background Constitution.  The crew escape system is being developed by  The 22 languages included in the Eighth Schedule ISRO as a part of its proposed Human Spaceflight account for the mother tongue of 96.72 percent Programme. Indians as per the 2011 census.  The Indian Human Spaceflight Programme (HSP) is a proposal to ISRO to develop and launch the

116 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

ISRO Orbital Vehicle, which would carry a two-  Some consumers raised the issue that the fish member crew to the Low Earth Orbit. didn’t smell and didn’t decompose even when  The programme envisages the development of a placed outside the fridge for as long as two days. fully autonomous orbital vehicle carrying two crew  Subsequently, Kerala government has been members to about 300 km low earth orbit and their carrying out a storm of raids under its fish safety safe return. and hygiene campaign “Operation Sagar Rani”.  The spaceship would be launched by the GSLV  Inspections led to the seizure of about 9,600 kg of MkIII launcher. contaminated fish in Kollam district and about  Pre-project activities have been initiated to study 6,000 Kg of fish in Palakkad district. and develop critical technologies for the mission.  Notably, Tamil Nadu officials have also been carrying out raids for the last two weeks, but laboratory tests have so far returned negative for ORMALIN : A formalin. 6. F Where is the formalin contamination originating from?  Andhra Pradesh has around 4,000 hectares of aqua-culture farms, whose output peaks during BANNED PRESERVATIVE the monsoon season (when coastal fishing is What is the issue? banned).  Fish laced with formalin has flooded the markets  To meet the market demand, cultured fish from across states. Andhra is to be transported widely, with sufficient  This is creating a massive health scare and the quantity of ice for retarding degradation. Goa government has recently banned fish  But as distances are large, the fish nonetheless supplies from other states temporarily followed tends to get spoilt in transport. by Assam govt. banning first import from Andhra  This has led Andhra fish suppliers to lace fish Pradesh & Tamil Nadu. with formalin, which retards degradation to more Why did Goa ban fish from other states? than 10 times its natural rate.  Due to fears of alleged formalin contamination,  Notably, even a state as far as Assam found that officials of the Food and Drug Administration formalin laced fish from Andhra was reaching its (FDA) inspected fish markets in Goa. market (Assam has also banned outside fish  They picked up various fish samples from various now). states for testing and had confirmed traces of  Also, Data from across the southern states formalin, which is a banned preservative. indicates that it is the fish sourced from Andhra  The episode caused a scare, which prompted the that is the most likely to be contaminated with Goa government to announce a 15 day ban on entry formalin. of fish from other states. What is the way ahead? What is formalin?  Technology - Kochi-based “Central Institute of  Formalin is a form of hydrated formaldehyde, Fisheries Technology” (CIFT) had earlier which is used as a preservative in museums to developed a detection kit for easy detection of ensure the specimens doesn’t decompose. formalin.  It is also used to harden human tissue for post  This has proven really effective presently and is mortem examinations. being widely used now.  It can cause gastric irritation and it also  Inspections - Regular inspections, testing and speculated to be carcinogenic, and thereby not fit seizures form the markets would help in reducing for human consumption even in minimalistic this malpractice. proportions.  Some states have sent official communication to  Notably, even in laboratories, only diluted Andhra Pradesh regarding the same, and which formalin is said to be used. now needs to crackdown on unscrupulous  Some amount of formalin is naturally formed suppliers. while fish is transported with ice, but these are  Infrastructure - The most common reason for usually bound with tissues and not a risk. “dishonest traders” using formalin is the  Contrastingly, if fish is laced externally with unavailability of good quality ice at harvest formalin (to prolong shelf-life), it remains free centres. and can cause serious health issue.  Inadequate insulation during domestic transport Where else was formalin detected in fish? and lack of warehousing facility for bulk storage  The first reports of formalin-laced fish came from of fish are also additional reasons for formalin Kerala, a state that consumes around 10,000 lacing. tonnes of fish every day.

117 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

 Nonetheless, China’s new approach is likely to benefit India if leveraged properly through consistent diplomatic engagements. 7. INDIA-CHINA TIES :  The ball is now in India’s court to respond to China’s two-plus one formulation and Nepal offers a perfect opening to test the same. TWO PLUS ONE  The initiative would be a good indicator on whether India and China can dock their collective FORMULA rise cordially, through coordinated action  India-China ties have been on the upswing in internationally. recent times. In this context, the proposed “2 plus 1” formula (“China & India” plus “another”) could further enhance the overall regional prosperity. 8. INDIA AS AI POWER How has Nepal been influencing Indo-China ties?  Nepal’s ties with India had come under severe strain in 2015 due to the border blockade that HOUSE chocked off critical supplies.  At that time, Nepal and its political leadership  In a recent discussion paper, NITI Aayog has started enhancing ties with China to chalked out an ambitious strategy for India to counterbalance India and overcome the strain. become an artificial intelligence (AI) powerhouse.  In fact, Nepal was proving to be a new additional AI is the use of computers to make decisions that thorn in the Indo-China ties, which reached its are normally made by humans. Many forms of AI nadir during the 2017 Doklam standoff. surround Indians already, including chatbots on  Nonetheless, Indo-China ties have been retail websites and programs that flag fraudulent improving drastically after the Wuhan summit bank activity. But NITI Aayog envisions AI solutions between PM Modi and Chinese President Xi in April for India on a scale not seen anywhere in the 2018. world today, especially in five key sectors —  In this backdrop, the ruling Marxist leadership in agriculture, healthcare, education, smart cities Nepal quickly grasped that playing the India versus and infrastructure, and transport. In agriculture, China card wasn’t feasible any further. for example, machines will provide information  On that note, they are currently displaying to farmers on the quality of soil, when to sow, diplomatic prudence by maintaining cordial where to spray herbicide, and when to expect pest relations with both India and China. infestations. It’s an idea with great potential:  Also, a Chinese delegation that visited Nepal is India has 30 million farmers with smartphones, said to have proposed the “2 plus 1 formula” for but poor extension services. If computers help Indo-China-Nepal talks ahead. agricultural universities advise farmers on best What are the other outcomes of Wuhan? practices, India could see a farming revolution.   The Wuhan summit opened up lines of “strategic However, there are formidable obstacles. AI start- communications” between Indian and Chinese ups already offer some solutions, but the establishments. challenge lies in scaling these to cover the entire  The arterial flow of information exchange has value chain, as NITI Aayog envisions. The first meant that India and China can be joint custodians problem is data. Machine learning, the set of rather than rivals in managing their technologies used to create AI, is a data-guzzling neighbourhood. monster. It takes reams of historical data as input,  “2 plus 1” which has been currently proposed by identifies the relationships among data China to deal with Nepal, can possibly be extend elements, and makes predictions. More to other international engagements too. sophisticated forms of machine learning, like  This would enable Beijing and New Delhi to “deep learning”, attempt to mimic the human engage with any third country jointly and thereby brain. And even though they promise greater eliminate any likely abrasive competition accuracy, they also need more data than what is between them. required by traditional machine How does the future look? learning. Unfortunately, India has sparse data in sectors like agriculture, and this is already  The aggressive approach of Trump against hampering AI-based businesses today. The lack Chinese trade and geopolitical practices is likely of data means that deep learning doesn’t work to have forced China to reach a compromise with for all companies in India. One example is India. Climate-Connect, a Delhi-based firm, which uses AI to predict the amount of power a solar plant

118 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018

will generate every 15 minutes. But to generate achieve a 10% blending mandate with diesel by such data, Climate-Connect needs historical inputs 2012. These targets were not met. Yet, in 2009, the like the time of sunrise and sunset, and cloud NPB proposed a revised target of 20% blending cover where the plant is located. Unfortunately, for ethanol and biodiesel by 2017. This is yet to since most Indian solar plants are recent, data be realised. Fuel blending with ethanol varies are available only for a couple of years, whereas deep learning needs data over many years to from 85% (E85) in Australia to vehicles run on 100% predict generation. Today, the firm uses traditional (E100) ethanol in Brazil, where the ethanol machine learning technologies such as regression blending mandate is 27% (E27). In contrast, India analysis that work with less data. These methods has an abysmal 2-4% blending rate and is woefully have an accuracy of around 95%. short of the original target of 5% due to the  Another problem for AI firms today is finding the inconsistent supply of domestically produced right people. NITI Aayog’s report has bleak news: ethanol. Many States like Odisha have not even only about 50 Indian scientists carry out “serious started their innings on fuel blending. research” and they are concentrated in elite  The government’s priorities in implementing the institutions such as the Indian Institutes of Technology and the Indian Institutes of Science. NPB were to find a solution to air pollution, Meanwhile, only about 4% of AI professionals have maintain affordable transportation fuel prices, worked in emerging technologies like deep promote clean and sustainable fuels, move learning. This means that companies need not towards energy self-sufficiency, and reduce write code from scratch, and even computer science dependence on crude oil imports. Unfortunately, graduates can carry out the customisation. precious little has been done so far. WAY FORWARD Problems faced by national policy on Bio-fuels  First, if the government is serious about AI Against this backdrop of poor performance, the National solutions powering agriculture or healthcare, it Policy on Biofuels 2018 repeats the pattern of promising must collect and digitise data better under its the moon and delivering little. There is no defined future existing programs.  Second, to close the skill gap, NITI Aayog suggests road map for India in it. At a time when the World Health setting up a network of basic and applied AI Organisation has already declared 14 Indian cities as research institutes. But if these institutes are to among the most polluted in the world, it is surprising that fulfil their mandate, they must collaborate closely the government is looking at sourcing untested with agricultural universities, medical colleges technologies like the production of 2G ethanol. The policy and infrastructure planners. AI is a collaborative is totally silent on octane, which has direct consequences process in which scientists developing solutions on air quality and pollution as it assists in proper for certain sectors need an intimate knowledge combustion of fuels, thereby affecting vehicular emissions. of those sectors. The NITI Aayog report talks about In the present-day scenario, petrol is blended with cancer- collaboration. But unless collaboration is the basis for the new crop of institutes, these causing imported aromatics to boost octane rating. This institutes won’t make a difference, experts say. has negative consequences on health. The policy states that “a viability gap funding scheme for 2G ethanol bio refineries of Rs. 5,000 crore in 6 years in NDIAN SEARCH & addition to additional tax incentives, higher purchase price 9. I as compared to 1G biofuels” will be provided. Like the NPB 2009, the NPB 2018 is overly ambitious. This is in light of POTENTIAL FOR BIO- the fact that the capability of 2G has not been realised till today. Therefore, completely relying on a mechanism which FUEL has not been proven commercially is flawed. Excessive expenditure from the exchequer is sought to be made by  In the past, the government has dithered several the NPB for a technology (production of 2G) which is times on the National Policy on Biofuels (NPB). In untested and has not taken off commercially 2003, the Ethanol Blended Petrol Programme (EBP) internationally. focussed on 5% blending of molasses-based Further, the ways in which companies are selected for ethanol with petrol. By 2008, it pushed for the driving the NPB agenda forward is odd. So far, there’s an blending target to be 10%. Thereafter, the National investment of Rs. 10,000 crore to set up 12 2G biorefineries Biodiesel Mission proposed a two-phase strategy across 11 States. Apart from laying the foundation stone of for biodiesel production from Jatropha seeds to one biorefinery in Bathinda, Punjab, nothing more has

119 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF SEPTEMBER 2018 developed on this front. The government has signed six campuses. As the education system is the most potent MoUs with oil marketing companies, of which three have instrument for shaping a country’s future, and given India’s been awarded to Praj Industries without any transparent massive youth population, reframing the education system process of selection. The criteria and reasons for awarding in a manner that will reflect the government’s agenda is these MoUs is unknown clearly imperative for it. THE WAY FORWARD DRAWBACKS OF THE BILL Merely increasing the price of ethanol by Rs. 3 and reducing The nature of the structure of the commission and its fuel prices by a few paise will not help the current advisory council shows that they are bound to have more scenario.The government needs to roll back the increase “government” in decision-making processes rather than of Central government taxes on fuel, which have doubled academics. after 2014. The government also needs to demonstrate a Sweeping powers render the HECI more authoritative than clear thinking for increasing ethanol production to reduce the collective strength of campus authorities. The powers oil imports and the current account deficit. If necessary, and functions of the HECI trivialise the concept of the government should look at importing ethanol in the autonomy, not the least because “non-compliance (of interim, thereby creating consistency of supply, and directions of the HECI) could result in fines or jail sentence.” providing relief from the pollution created by fossil fuel This means that the authority of the HRD Ministry will be burning. Facilitating import of ethanol will make up for strengthened. Also, under the new terms of engagement, the inconsistency in the availability of domestic ethanol, universities will have to take the concurrence of the HECI thereby ensuring the accomplishment of the present before offering a course. This restricts the freedom of a blending mandate of 10% (E10). A similar practice has been university’s Board of Studies. The draft Bill states: If any adopted by countries like the Philippines, which have seen University grants affiliation in respect of any course of study resounding success in achieving their blending mandate, to any institution in contravention of the provisions of the consistency in ethanol supply, and foreign exchange regulation/rule/recommendation issued by the savings. Commission...the Commission... may impose a penalty on Appropriate blending of consistently available ethanol such University and/ or on such Institution which may throughout the country will prevent octane savings to the include fine, or withdrawal of power to grant degrees/ tune of approximately Rs. 3,000 crore. Further, a consistent diplomas or direction to cease operations.” If there is a supply of ethanol will serve as a substitute for expensive threat of academic functions being usurped through this and harmful imported aromatics like BTX. This will legislation, it calls for reflection. additionally contribute to foreign exchange savings worth With its mandate of improving academic standards with a approximately Rs. 1,500 crore since ethanol has an octane specific focus on learning outcomes, evaluation of rating of 113, while the mandated octane rating for fuel is academic performance by institutions, and training of 91. Interim import of ethanol should be considered while teachers, the HECI is likely to overregulate and 1G production is being increased and technology to produce micromanage universities. 2G ethanol is still developing and proving its commercial The proposal to empower the Centre to remove the HECI’s viability. These corrections in policy will lead to lower fuel chairperson and vice-chairperson for reasons including prices, cleaner air, foreign currency savings and efficiency “moral turpitude” will again curtail the regulator’s in the oil economy. autonomy, which in turn will impact the autonomy of universities. Instead of allowing institutions to evolve over time based 10. HECI : THE on their specific needs, focussing on homogeneous, one- size-fits-all administrative models will go against the ethos of academic freedom, diversity, and knowledge FUTURE REGULATOR production, and will help attempts to corporatise the education sector. OF HIGHER EDUCATION The move to replace the UGC with the HECI points to the Centre’s aim to restrict the role of the States in matters IN INDIA relating to education. The draft Higher Education Commission of India (Repeal  of University Grants Commission Act) Bill, 2018 (HECI), aims to replace a historical statutory body, the UGC; push for more government control; and stifle critical thinking on

120 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected] RANK57 TOPPERS’ TALK

DIBYENDU KUMAR DAS Rank-57 (OCS-2016)

RANK99 TOPPERS’ TALK

PARTHA SARATHI HANSDAH Rank-99 (OCS-2016)

Advt. RRB-PO SELECTIONS OF 2017 TILL NOW RRB-CLERK SELECTIONS OF 2017 TILL NOW

SUBRAT LUHA SOUMYASIKHA PATRA SOUMYA SAI DAS DIBYA JYOTI GIRI SAROJ KUMAR SAHOO PRITI RANJAN ACHARYA RITESH SARANGI RANUSHREE SAHOO RAJA ABHISHEK PRADHAN ABUP KUMAR BEHERA DHARA RANI PATRA JEEBAN JYOTI DAS PRITIRANJAN ACHARYA RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO SANJEEB KUMAR NAYAK RAJASHREE PANDA ATASI KU. SAHU JAGDISH CH. HEMBRAM GAYATRI DAS CHINMAYEE RATH ANMOL SAHANI ANANTA CH. DAS RAJA ABHISHEK PRADHAN SHADAB KHAN SUBRAT LUHA RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK

PRAJNYA P. NAYAK NANDINI PRADHAN MOTILAL CHHATRIA JITENDRA KUMAR BHOI JAGRUTI PRADHAN GOURISANKAR SWAIN GOPINATH SAHOO GEETANJALI PATRO DUSHMANTA NAIK DEBADATTA BEHERA ABHIJEET MOHANTY TRUPTI PRAVA BEHERA TRILOCHANA BEHERA RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO

ASHISH KU. SAMAL SOUMYA N. SENAPATI SITESH BEHERA GOUTAM KUMAR MALLIK RISHIRAJ SWAIN RAKESH KU. BISWAL ARPITA PRIYADARSHINI SOUMYA SAI DAS RAMESH C. BEHERA JEEBAN JYOTI DAS ABUP KUMAR BEHERA RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK

BISHNU PRASAD SAHOO ARPITA PRIYADARSHINI ANJALI TRIPATHY AMIT KUMAR SAMAL JAGANNATH PATRO ILINE LAKRA DHARANIDHAR JENA SUJATA SAHOO DEBI PRASAD SAHU MANISHA MISHRA BIKASH CH. PANDA BIBHUDATTA DAS BASUDEV CHANDRA RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO

SOVAN SATAPATHY SONALI DANSANA SASIKANTA BEHERA SIPIN SAHOO SUSHREE P. MOHAPATRA PRAMOD BEHERA DEBABRATA BARIK ASHIRBAD KANUNGO AMBRASH KARNA JANMEJAYA MISHRA MANISHA MISHRA RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK

UTTAM KUMAR PAL TRUPTIPRAVA BEHERA TIKINA MOHAPATRA SOUMYASHREE NAYAK SOUMYA N. SENAPATI RITESH TIWARI SIBARAM MOHANTY SHRADDHA S. PUJARI SATYAM N. BEHERA SATABDHI K. BARIK SASWATI MADHUSMITA S. BISWAS PRAKASH ASHISH KU. SAMAL RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO

MANAS R. PRADHAN SANTOSH SAHOO DEBABRATA BEHERA DHANANJAYA PRADHAN RANUSHREE SAHOO RASHMI RANJAN BARIK JANMANJAY MISHRA SANJAY KU. SUNDARAY PRIYABRATA SAHOO MANAS RANJAN ROUT JYOTIRMAYEE BEHERA RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK ROHIT KU. MAHARANA RISHIRAJ SWAIN RASMITA PANDEY RAKESH KU. BISWAL PREETI RANI SAHU PRAGYANPARAMITA DASH PRAFULLA KUMAR PANI NIBEDITA PRADHAN NAVIN KUMAR MANAS R. PRADHAN ATASI KU. SAHU SANTOSH SAHOO RITESH TIWARI RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO And Many And Many More More Selections DIPTI RANJAN BEHERA RANJIT KUMAR SIAL SUBHASMITA PRUSTY SATYA DEV PATEL SUNIL KUMAR SETHY AMBRITA SAHU BISWARANJAN NATH SIDDHARTHA DALEI RAKESH SWAIN ANURAG PATTANAYAK BAISALI SAHOO DEBABRATA BEHERA AMIT KUMAR SAMAL BUDDHADEV BISWAL PRATUSH KU. DIGAL DIBYA JYOTI GIRI DIPAN KU. NAYAK RITESH TIWARI JEEBANJYOTI DAS RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO RRB-PO Selections RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK RRB-CLERK

IBPS-PO/SO SELECTIONS OF 2017 TILL NOW IBPS-CLERK SELECTIONS OF 2017 TILL NOW

SAROJ KUMAR SAHOO ROSHNI GANTAGHARIA ROHITESHWAR DHARUA NIHAR PANIGRAHI NARESH CH. PRUSTY MAHESH PRASAD NAYAK JEEBANJYOTI DAS GOUTAM MALLIK DHANANJAYA BEHERA IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK UTTAM KU. PRADHAN TAPAN KU. PRADHAN TANUSHREE MAHANTA SURAJ RAJ BHOI SUBRAT KU. DANDESH SUBHADIPTA JENA SOUMYA SAI DAS SOUBHAGYA SAHOO SIPUN SAHOO ANUP KUMAR BEHERA ARPITA PRIYADARSHINI IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO

TRUPTIPRAVA BEHERA SURAJ KUMAR PATTNAIK SUBRAT KUMAR MISHRA SUBHADIPTA JENA SMRUTIKA NAIK SIPUN SAHOO SIPRA KHUNTIA SHADAB KHAN SATYARANJAN DEBATA IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK

SANJEEB KU. PRUSTY RAJ ABHISHEK PRADHAN PRASANTA KU. BEHERA PRAMIT DASGUPTA PADMA BH. MOHANTA NARESH CH. PRUSTY GIRISH CH. PANIGRAHI GAYATRI DASH DHARANIDHAR JENA DHANANJAYA PRADHAN ASHISH KUMAR SAMAL IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO

DEEPANWITA TAREI DEBASHIS KUMAR DAS BUDDHADEV BISWAL BOBYSMITA SAMAL BISMITA PANDA ASHUTOSH PATTANAYAK ASHISH KUMAR SAMAL SARASWATI MURMU SITESH BEHERA IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK

DEEPAK KUMAR BEHERA PRAVAS KU. CHHOTARAY PARAMESHWAR PATEL BASANT KUMAR YADAV CHRISTO DAS GAMANGO ROHAN BISWAL BHAGIRATHI BEHERA BIJAN KUMAR BHOI SOUMYA R. SENAPATI RASHMI RANJAN BARIK SOHAM MOHANTY IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO IBPS-PO

ARPITA PRIYADARSHINI ANMOL SAHANI PRIYABRAT SAHOO CHRISTO DAS GAMANGO SOUMYA R. SENAPATI LALATENDU S. BARIK NIHAR R. PRADHAN SUNIL PATEL BISWODEV SAHOO IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK

SNIGDHA SUMAN BEURA SUNANDA DAS RAKESH KUMAR SAHOO DIPAN KUMAR NAYAK BONTU SUMAN KUMAR DEBI PRASAD PRADHAN TUSHAR RANJAN JENA SARASWATI MURMU SNEHASISH NANDA G. SIBANI GYANRANJAN MAHANTA IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-SO IBPS-PO AMITI KUMAR SAMAL ANIL KUMAR BEHERA M. CHINMAYEE RATHA RITESH TIWARI SOUMYA SAI DAS DIGAMBARA PUJARI AMIYA KUMAR BARAD SOHAM MOHANTY MEERA NAIK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK IBPS-CLERK Bank PO Clerical Railway SSC

Advt. About Vanik VANIK is a leading Institute in India that imparts coaching for Banking, Railway, Staff Selection Commission (SSC) and Other various career oriented examinations with well-founded base as well as extended and updated information of fundamentals. At VANIK, you will find a very powerful and innovative teaching system that can help you unfold your potential systematically to achieve higher standards. You will have right mix of theoretical classes with microscopic details to develop comprehensive understanding of concepts and their applications blended with periodic Online & Offline tests to cultivate proper examination temperament as well as competitiveness. We enable students to transform their aspirations into their achievements. Our rigorous training methodologies prepare you to give your best in competitions. We invite you to explore further, meet our faculties and students and experience VANIK difference! You will get the guidance, support and inspiration that you need to reach the peak of your career.

@ FOR ONLINE TEST & DISCUSSION visit : www.vanikonline.com VANIK CENTRES : Saheed Nagar CRP Acharya Vihar Cuttack B-61, A & B, Saheed Nagar Plot-1441, Opp. IOCL Petrol Pump, Near Pani Tanki, Acharya Vihar, Near Yamaha Showroom, Bhubaneswar CRP Square, Bhubaneswar Bhubaneswar Link Road, Cuttack 7205556677, 9040091102 8093556677, 9040456677 (0674) 2544404, 8093083565 8984556677, 9040656677 VANIK PUBLICATION BOOKS

VANIK Publications is a unit of VANIK Group. We publish books for competitive examinations like Bank-PO/Clerk, Railway, SSC (Technical and Non-Technical) & Civil Services (UPSC & OPSC) with latest updates which is highly supported by VANIK Team. The books are available at leading book stalls across India.

Corporate Office : 1441, Opp. IOCL Petrol Pump, CRPF Square, Bhubaneswar-751015 Contact : 0674-2559977 | E-mail : [email protected] | Visit us at : www.vanikpublications.com Price : `60