MONTHLY ISSUE - MARCH - 2017 CurrVanik’s ent Affairs Banking | Railway | Insurance | SSC | UPSC | OPSC | PSU Vanik’s Question Hub Vanik’s Practice Set Vanik’s Extra Dose Vanik’s Knowledge Garden VANIK'S PAGE List of Reports Published by International Organization REPORT TITLE ORGANISATION REPORT TITLE ORGANISATION Asian Development Outlook ADB (Asian Development bank) UNCTAD (United Nations Conference on Trade and World Investment Report Development) Global Financial System Report BIS (Bank for International Settlements) Actions on Air Quality UNEP (United Nations Environment Programme) Global Money Laundering Report FATF (Financial Action Task Force) India State of Forest Report Forest Survey of India Global Environment Outlook UNEP (United Nations Environment Programme) The Rise of Environmental Crime UNEP & INTERPOL Chang e the World List Data Fortune UNESCO (United Nations Educational, Scientific and Cultural Technical Cooperation Report IAEA (International Atomic Energy Agency) Global education monitoring Report Organization) Nuclear Technology Review IAEA (International Atomic Energy Agency) State of world population UNFPA (United Nations Population Fund) Ease of Doing Business IBRD (World Bank) World Cities Report UN- Habitat World Development Report IBRD (World Bank) The Global Report UNHCR (United Nations High Commissioner for Refugees) Safety Reports ICAO (International Civil Aviation Organization) Report on Regular Resources UNICEF (United Nations Children’s Emergency Fund) Global Hunger Index report IFPRI (International Food Policy Research Institute) The State of the World’s Children World Social Protection Report ILO (International Labour Organization) UNICEF (United Nations Children’s Emergency Fund ) reports World Employment and Social Outlook ILO (International Labour Organization) Reports on Counterfeiting and UNICRI (United Nations In terregional Crime and Justice World of Work Report ILO (International Labour Organization) Organized Crime Research Institute) Global Wage Report ILO (International Labour Organization) Industrial Development Report UNIDO(United Nations Industrial Development Organization) Global Financial Stability Report IMF (International Monetary Fund) Global Assessment Report UNISDR (United Nations Office for Disaster Risk Reduction) World Economic Outlook IMF (International Monetary Fund) Global Report on Trafficking in Persons UNODC (United Nations Office on Drugs and Crime) Cornell University INSEAD and the World Intellectual Global Innovation Index World Drug Report UNODC (United Nations Of fice on Drugs and Crime) Property Organization (WIPO) World Wildlife Crime Report UNODC (United Nations Office on Drugs and Crime) World Energy Outlook (WEO) International Energy Agency Global Information Technology Report WEF (World Economic Forum) Southeast Asia Energy Outlook International Energy Agency Travel and Tourism Competitiveness OPEC Monthly Oil Market Report OPEC (Organization of the Petroleum Exporting Countries) WEF (World Economic Forum) Report World Oil Outlook OPEC (Organization of the Petroleum Exporting Countries) Global Competitiveness Report (GCR) WEF (World Economic Forum) World Happiness Report Sustainable Development Solutions Network (SDSN) World Intellectual Property Report WIPO (World Intellectual Property Organization) Global Corruption Report (GCR) Transparency International (WIPR) Levels and Trends in Child Mortality The Energy Report & Living Planet UN Inter-agency Group WWF (World Wildlife Fund) Report Report Message from Director Vanik Publications Dear Students, EDITOR Mr. Pramod Padhi Preparation for competitive examination should be properly ASSOCIATE EDITORS planned with patience and intelligent hard work. Success comes when Satabdi Sagar Mohanty Samarendra Narayan Sahoo labour meet luck but without labour luck will never come. ADVISORS At VANIK we are trying to improve in all aspect. From class G. Khatua Babu Nair room coaching to study material and Test design as per the latest trend & Team R & D of exam for Banking, SSC & Railway. PUBLISHING MANAGER Smrutiranjan Chhatoi For the Civil Services also lots of innovation are being DESIGNING & LAYOUT implemented to make the course result oriented. Vijaya Maharana We need effort and support from you to bring laurel for you as Publisher : Subrat Kumar Chhatoi Printed and Published by : Vanik Publication well as the institute in times to come. Printed at : Bhagabati Press Plot-1441, Opp. IOCL Petrol Pump, CRP Square, Bhubaneswar Website : www.vanik.org | Phone : 0674-6556677, 8093-556677 _____________________________________________________ © Copyright Reserved No part of this magazine can be printed in whole Wishing you all the Best or part without the written permission of the publisher. Subrat Kumar Chhatoi 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 9 International news 15 National news 17 Recent Govt. Development & Scheme 20 Bilateral 21 State news 23 Award and Honour 26 Person in news 27 Places in news 29 Sports 30 Science and Technology 32 Environment and Ecology 34 Defence 34 Recent Summit in News 35 Committee and its Function 36 Book and Author 36 Miscellaneous 37 Date and Observation 38 Vanik Question Hub 200 MCQ on Current Affairs - 39 100 MCQ on SSC/Railway - 49 40 MCQ on Computer - 53 20 Special MCQ on Banking - 55 Practice Set Vanik Extra Dose INDIAN BANK-PO (Main) - 56 Who’s Who - 122 SYNDICATE BANK-PO (Main) - 76 Abbreviation - 128 IPPB-PO (Main) - 93 Word of the Month - 129 SSC-CGL-TIER-I-2017 - 111 December Pocket Capsule - 130 Special Section on Civil Service (By Pramod Padhi) - 133 MAGAZINE FOR THE MONTH OF MARCH- 2017 EVENTS OF THE MONTH of bulls and preserving cultural traditions of Tamil UNION GOVERNMENT CLEARED Nadu. As per the rules of business of the Tamil Nadu TAMIL NADU’S ORDINANCE ON government, the Cabinet nod is not required for an JALLIKATTU ordinance. The approval of the concerned Minister and Chief Minister is sufficient and the state After a three year long ban, Jallikattu has finally got the government had completed all these formalities in approval of the Centre to be held across Tamil Nadu. The case of Jallikattu to pass an ordinance after which Centre gave nod to the ordinance on Jallikattu on January the proposal was submitted to the Centre. 20, 2017 to allow the bull-taming sport to be held in Tamil Chief Minister O. Paneerselvam met Prime Minister Nadu and end the protests that had erupted in the state with Narendra Modi on January 19, 2017 to seek help the ban. The ordinance was proposed by the Tamil over the Jallikattu issue. Seeking the assurance from Nadu Government which was placed before the Law, PM to State Chief Minister, the Union Ministries of Environment and Culture Ministries. In consultation with Culture, Law, Home Affairs and Environment and Attorney General of India Mukul Rohatgi, the Ministries Forests cleared the State’s proposal for the forwarded the ordinance to President Pranab Mukherjee for ordinance. his assent. The Union Ministries of Home, Law and The draft ordinance also received the nod of the Environment has vetted the state’s draft ordinance and President via Home Ministry, as the powers of the cleared the amendment. That led the Tamil Nadu Governor to President have been delegated to Union Home promulgate ordinance as per Article 213 of Indian Minister for giving approval on such ordinance. constitution. Further, the Tamil Nadu Governor Vidyasagar The SC banned Jallikattu in 2014 after animal rights Rao approved the ordinance by the state organisations like PETA took the game to the court, terming government on January 21, 2017 with the first it as extreme cruelty to animals. However, silent voices against Jallikattu game post the protest to be conducted in the ruling over the last few years burst into huge protests in Alanganallur, Madurai on January 22, 2017. the last few weeks with people from across the political The Decision comes as Tamil Nadu came to a halt spectrum and region joining hands to lift the ban on the with protests by students, youths and other traditional game. It has been spontaneous protests with no sections demanding immediate allowance of the particular leader or person spearheading it. traditional sport in the state. General strikes by Attorney General Mukul Rohatgi mentioned the matter before various trade unions led to a shutdown of shops the apex court bench headed by Chief Justice and business and schools and colleges remaining of India Jagdish Singh Khehar. closed across the state. Urging the protestors to end their protest, Tamil Nadu Chief Film shootings were suspended. Autos and call taxis Minister O. Panneerselvam has said that Jallikattu will return kept off the roads with only few government buses to the state in a couple of days through an ordinance or on the roads. Banking operations were affected. executive order that will be reviewed by President Pranab Many inter and intra-state trains were fully and Mukherjee. partially cancelled while some others were diverted. Key Fact The suburban EMU services ran late. Tamil Nadu Chief Minister, O. Paneerselvam has send a draft The Supreme Court has dismissed a plea filed by Tamil Nadu ordinance to the centre seeking an amendment to to review a 2014