MONTHLY ISSUE - NOVEMBER - 2017 CurrVanik’s ent Affairs Banking | Railway | Insurance | SSC | UPSC | OPSC | PSU PRACTICE SET FOR IBPS-PO (Prelim) RRB-PO (Main) IB-ACIO (TIER-I) SSC-MTS Indo-Japan BULLET TRAIN Project IAS Vanik’s Question Hub Vanik’s Practice Set WOMEN EMPOWERMENT Vanik’s Extra Dose Vanik’s Knowledge Garden 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 18. Weekly Current Affairs handout separately. OTHER INSTITUTE. 19. Weekly newspaper reading classes. 2. Highest no of Classes from basic to advance level. 20. One month free online test (MTD – Banking Test & Discussion) 3. Highest no of hours in every subject for better understanding. and six month free practice test (TBT, SBT, MCT, FPT & PPT) Total hours for banking - 450+HRS (6 MONTHS DAILY 2 HRS 21. Two month free online test (MTD, VTD) and six month free CLASS) AND SSC - 750+ HRS (6 MONTH DAILY 4 HRS CLASS) practice test (TBT, SBT, MCT, FPT & PPT) 4. Separate vocabulary class (1000 - BANKING AND 2000 WORDS 22. Interview classes , mock interview with video recording and - SSC) (Weekly Once) analysis 5. Special class for upcoming exams. 23. Personal development and group discussion class 6. Separate traditional GK class for easy remember GK in the class itself. 24. LARGEST ONLINE TEST PLATFORM (VOTE - VANIK ONLINE TEST 7. Time to Time motivational class and classes how to crack the AND EXPLANATION ) Separately for Bank PO, Bank Clerk, SSC & exam by our experts. Railway 8. Separate Doubt clearing classes , personal doubt clear with 25. Weekly 3 online mock test of upcoming exams with discussion faculty. (MTD- MOCK TEST & DISCUSSION and VTD - VANIK TEST & 9. Daily class test of every class after the class (Offline) DISCUSSION ) 10. Weekly test of weekly covered topics of all subjects (Online) 26. Online weekly class test of all batch (YOU CAN GIVE EVERY 11. Monthly class test for monthly cover topics. BATCH CLASS TEST ONLINE (CTD- CLASS TEST & DISCUSSION 12. Class room assignment practice and discussion of every topic 27. Unlimited online practice tests as per your choice (MCT - MY in class it self CHOICE TEST). 13. Daily current affair handouts before the class 28. Separate online test subject wise and topic wise test ( SBT - 14. Weekly current affair class with weekly C/A question & test SUBJECT BASED TEST AND TBT - TOPIC BASED 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 31. 24 hrs study room for self study AND 35+ VOLUMES FOR SSC. 32. Highest level of success rate. 17. Daily Quiz (Banking & SSC Separately). 33. Descriptive English Classes. 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 Railwa ENGLISH 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 EDITORS Satabdi Sagar Mohanty Dear Students, ADVISORS In the age of competition you are being exposed to the highest G. Khatua level of elimination process. To win over the situation the prime & Team R & D requirement is systematic & intelligent hard work. Another big factor is PUBLISHING MANAGER the TIME as you are to be an achiever within a specific time period. Smrutiranjan Chhatoi So have trust in self, plan your strategy, honestly follow it and DESIGNING & LAYOUT Vijaya Maharana success will be yours. Publisher : Subrat Kumar Chhatoi Printed and Published by : Vanik Publication Printed at : Bhagabati Press Wishing you all the Best Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar Website : www.vanik.org | Phone : 0674-6556677, 8093-556677 Subrat Kumar Chhatoi _____________________________________________________ © Copyright Reserved No part of this magazine can be printed in whole or part without the written permission of the publisher. The editor and publisher have tried their best to verify the factual accuracy of the informations published, but do not take any responsibility for the absolute accuracy of the informations in the magazine. All disputes subject to Bhubaneswar (Odisha) Jurisdiction. CONTENTS Topics Page No Events of the Month 3 Economy and Banking 8 International news 15 National news 19 Recent Govt. Development & Scheme 23 Bilateral 24 State news 27 Award and Honour 30 Person in news 32 Places in news 34 Sports 36 Science and Technology 38 Defence 40 Recent Summit in News 41 Committee and its Function 42 Book and Author 42 Miscellaneous 43 Date and Observation 44 Vanik Question Hub 200 MCQ on Current Affairs - 45 100 MCQ on SSC/Railway - 53 40 MCQ on Computer - 57 20 Special MCQ on Banking - 59 Practice Set Vanik Extra Dose IBPS-PO (Prelim) - 61 Who’s Who - 115 RRB-Officer Scale-1 (Main) - 72 Abbreviation - 121 IB-ACIO - 94 Editorial word from Hindu - 122 SSC-MTS - 105 One Liner - 123 Women Empowerment (UPSC) - 128 MAGAZINE FOR THE MONTH OF NOVEMBER 2017 EVENTS OF THE MONTH crore to be repaid over next 50 years with a moratorium of 15 years. The Loan Period of 35 years will bear an Interest rate of 0.1 %. 2. The Maharashtra State Government will bear a Share of Rs. 5000 crore and remaining Rs. 17,000 crore will be provided by the Ministry of Railways. 3. The High Speed Rail corridor will have 12 stations. 4. The Railways will be operating 35 Bullet Trains initially and the number will be increased to 105 by 1. ABE IN 2053. 5. The Ahmedabad-Mumbai Bullet Train Project will AHMEDABAD : NEW scheduled to be completed by 2022, the year marking 75th year of India’s Independence. TURN IN INDIA-JAPAN 6. Earlier the deadline for completion of Project was December 2023. RELATION 7. The National High Speed Rail Corporation Limited (NHSRCL) will be undertaking the execution of the Japanese Prime Minister Shinzo Abe arrived in India to attend 508 km long Mumbai-Ahmedabad High Speed Rail the 12th edition of the India-Japan annual summit meeting. (MAHSR) Project. He received a warm welcome from Prime Minister Narendra Modi who defied protocol to receive him at the airport. The two leaders, along with Japan’s First Lady Akie Abe, then took a trip from the airport to the Sabarmati Ashram in a roadshow in an open jeep. Immediately after the welcome ceremony, Abe, his wife Akie Abe, and PM Modi set-off on an 8-km roadshow in an open-roof jeep for the famous Sabarmati Ashram, where Mahatma Gandhi spent a considerable time of his life. Modi gifted a marble statuette of Mahatma Gandhi’s “Three Wise Monkeys” to his Japanese counterpart Shinzo Abe . The monkeys are a symbol of the proverb ‘see no evil, hear no evil, speak no evil’, believed to have its origin in Japan. PM Narendra Modi, Japanese PM Shinzo Abe lay foundation stone for bullet train Foundation stone of India’s first high-speed rail (bullet train) project was jointly laid by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe at Sabarmati Station ground in Ahmedabad. Mumbai to Ahmedabad High Speed Rail (MAHSR) Project is joint venture between Indian Railways and Japan’s Shinkansen Technology. 1. The overall estimated cost of the Mumbai- Ahmedabad Bullet Train Project is Rs 1.1 lakh crore, out of which Japan International Cooperation Agency (JICA) will provide a Soft Loan of Rs. 88,000 3 Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar-751015 Ph. : (0674) 6556677, 8093556677. Web : www.vanik.org, E-mail : [email protected] MAGAZINE FOR THE MONTH OF NOVEMBER 2017 8. For most of its route — 471 km out of 508 km, train Agreement for International joint exchange will run at elevation of 18 metres — primarily to programme between interdisciplinary theoretical and ensure it travels over the existing railway route mathematical sciences programme, RIKEN and 9. The remaining 37 km includes 7 km undersea stretch National Centres for Biological Sciences between Thane and Vasai and 15 km underground India, Japan sign $76 mn loan deal route in Mumbai India signed a loan deal worth $76 million with Japan 10.