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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 INDIA FOR CLASSES COMPARE TO ALL OTHER INSTITUTE. 18. Weekly Current Affairs handout separately. 2. Highest no of Classes from basic to advance level. 19. Weekly newspaper reading classes. 3. Highest no of hours in every subject for better understanding. Total hours for 20. One month free online test (MTD – Banking Test & Discussion) and six month banking - 450+HRS (6 MONTHS DAILY 2 HRS CLASS) AND SSC - 750+ HRS (6 free practice test (TBT, SBT, MCT, FPT & PPT) MONTH DAILY 4 HRS CLASS) 21. Two month free online test (MTD, VTD) and six month free practice test (TBT, SBT, MCT, FPT & PPT) 4. Separate vocabulary class (1000 - BANKING AND 2000 WORDS - SSC) (Weekly 22. Interview classes , mock interview with video recording and analysis Once) 23. Personal development and group discussion class 5. Special class for upcoming exams. 24. LARGEST ONLINE TEST PLATFORM (VOTE - VANIK ONLINE TEST AND 6. Separate traditional GK class for easy remember GK in the class itself. EXPLANATION ) Separately for Bank PO, Bank Clerk, SSC & Railway 7. Time to Time motivational class and classes how to crack the exam by our experts. 25. Weekly 3 online mock test of upcoming exams with discussion (MTD- MOCK TEST 8. Separate Doubt clearing classes , personal doubt clear with faculty. & DISCUSSION and VTD - VANIK TEST & DISCUSSION ) 9. Daily class test of every class after the class (Offline) 26. Online weekly class test of all batch (YOU CAN GIVE EVERY BATCH CLASS TEST 10. Weekly test of weekly covered topics of all subjects (Online) ONLINE (CTD- CLASS TEST & DISCUSSION 11. Monthly class test for monthly cover topics. 27. Unlimited online practice tests as per your choice (MCT - MY CHOICE TEST). 12. Class room assignment practice and discussion of every topic in class it self 28. Separate online test subject wise and topic wise test ( SBT - SUBJECT BASED TEST 13. Daily current affair handouts before the class AND TBT - TOPIC BASED TEST). 14. Weekly current affair class with weekly C/A question & test discussion class. 29. Hostel (both boys and ladies separately). 15. Best material with work book for practice more question at home. 30. In campus canteen facility. 16. Highest no of material. Total -25+ VOLUMES FOR BANKING AND 35+ VOLUMES 31. 24 hrs study room for self study FOR SSC. 32. Highest level of success rate. 17. Daily Quiz (Banking & SSC Separately). 33. Descriptive English Classes. OAS-2015 SELECTED CANDIDATES JYOTIKANTA BHUJABAL RANK-31 And Many More TRUPTI BARAI SANKALP SAHOO GOUTAM MAHALIK MANOBRATA SATPATHY SOUBHAGYA BEHERA SATYAVIKASH BHUYAN SUNITA PATI SWEEKRUTI BARPANDA KHIRABDI T. SAHOO PRATAP CH. SAHOO SOURYA RANJAN MISHRA Selections RANK-17 RANK-45 RANK-55 RANK-67 RANK-70 RANK-72 RANK-75 RANK-84 RANK-91 RANK-104 RANK-131 2 OFS-2015 SELECTED CANDIDATES TRIDEV RATH PRATIK PATTNAIK SANGRAM PARIDA SHEETAL AGARWAL GYANI MOHANTY SWETAPADMA DHAL SANJIT SUMAN RAJIV DAS PREETAM KUMAR RATH SAGARIKA SAHU TAPAS DEHURY RANK-159 RANK-174 RANK-194 RANK-199 RANK-214 RANK-267 RANK-326 RANK-352 RANK-364 RANK-403 RANK-406 SANDIP KUMAR PRUSTY SATABDI MISHRA SUBHADARSHINI MOHANTY AISHA AKHATARI NISHA SWEEKRUTI BARPANDA RANK-7 RANK-18 RANK-19 RANK-20 RANK-22 And 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, Bhubaneswar 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 (Odisha) 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 Ahmedabad. 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 Gujarat’s Patan – on the reverse, depicting the in 2012-13 and 2015-16.