WWW.CAREERPOWER.IN & WWW.BANKERSADDA.COM COMPETITION POWER – MARCH - 2 0 1 7 1 WWW.CAREERPOWER.IN & WWW.BANKERSADDA.COM From the Editor’s Desk Dear Readers, Bankers Adda in collaboration with Career Power brings to you Competition Power (March Edition). The reason why this collaboration is so important and a landmark event as both BA and Career Power has had a long and extremely successful association with students appearing for competitive exams. This magazine includes various initiatives that cover various aspects of Banking and SSC exams in an exhaustive manner. Keeping in mind the upcoming exams, we have covered Current Affairs for not only the month of January but also for the month of December under the name “Current Affairs Zinger”. To make learning easy for the students we have also introduced another initiative by the name "NEWS MAKER OF THE MONTH" which covers all the important people, appointments, awards, etc that have made news. Having covered the GK and CA portion in an exhaustive manner, we have also given equal importance and focus to all the other aspects of the exams, be it Covering each aspect of the various subjects (like reasoning, english, quant, computers) right from building the student's concepts to helping him practice a few topics.or be it Interview Preparation or Guidance and boosting the confidence of students. We Have It All Covered!!! Along with this we have also included Mock Papers on SSC CGL Tier I 2017 Practice Set, IBPS PO MAINS Reasoning And Quant Practice Set, Syndicate Bank PO 2017 Practice Set, IBPS PO Prelims | SBI PO Prelims 2017 : PRACTICE SET and IBPS Clerk Mains 2016 Memory Based following the respective exam pattern for practice for our readers, so that they can increase their speed and accuracy. This edition of Magazine also includes a new series named “Twisted Ones”which will have questions with higher difficulty level. Basically this magazine is a one stop place for all those preparing for government sector competitive exams. Within few months of its launch, it has become quite popular among the students, who love to refer to it for their exams. We believe that each and every student has the hidden potential to reach the unattainable heights, and it is our responsibility to provide them with a platform that hones their skills enabling them to overcome each and every challenge that comes their way while appearing for these exams. Having said this I would like to give special thanks to the specialized mentors of Bankers Adda and Career Power team for providing us with the needed support and making this magazine a success. Good Luck And God Bless Team Competition Power !! WHAT’S THERE? . Union Budget’17-18 & Economic Survey’16-17 | 3 . Motivational Artilces | 7 . Success Story | 10 NEWSMAKERS OF THE MONTH | 8-9 . Handy Notes & Quizzes : CURRENT AFFAIRS | 11-33 - Trains & Speed | 34 India In News | State In News | News From The Banking Sector News - Prime Numbers | 36 Related To Indian Economy | Business News | Agreement | Mou Signed - Logical Venn-Diagram | 37 Committees In News | Ranks And Reports | Pm Visits | New - Pronoun (Rules) | 39 Appointments | Obituaries | Awards | Defence | Sports News & more - Some Terms Related to the Internet | 41 - Banking : Unified Payment Interface of India | 42 - The Gupta Dynasty (AD 320-550)| 43 MOCK PAPERS & PRACTICE SETS | 73-140 . GK Hindu Review : January 2017 | 44 SSC CGL Tier I 2017: Practice Set – 73 . Current Affairs Zinger : December | 52 PO MAINS : Reasoning & Quant Practice Set – 81 . Twisted Ones | 61-67 SYNDICATE BANK PO 2017 – Practice Set – 95 . Article - Tips for Interview | 68 IBPS PO Prelims | SBI PO Prelims 2017 : Practice Set – 115 . Interview Experience : Nilesh Tejsinghrao IBPS Clerk Mains 2016 Memory Based: Practice Set - 124 Moroliya | 69 . Volume No. -2 March 2017, Issue - 17 Published and Printed by Anil Nagar Published at A-2, 201-208, 2nd Floor, Pragati Deep Chief Editor: Gopal Anand On behalf of Metis Eduventures Pvt. Ltd. Building, Plot No. 8, District Centre, Laxmi Nagar, Delhi-110092 Team : Prashant, Saurabh,Aniket, Neeraj, Veer, COMPETITIONPrinted at All Time POWER Offset Printer, – MARCH - 2 0Email: 1 7 [email protected] 2 Kamal, Swati & Team F-406, Sector-63, NOIDA (U.P.) Website: www.bankersadda.com & Circulation & Sales Manager: Rajat Mehra www.careerpower.in Contact No: 8750044896 WWW.CAREERPOWER.IN & WWW.BANKERSADDA.COM UNION BUDGET’17-18 & ECONOMIC SURVEY’16-17 PMGSY roads has accelerated to reach 133 km roads per day in UNION BUDGET 2017-18: Budget 2016-17, as against an average of 73 km during the period 2011- Post De-Monetisation 2014. FM have provided a sum of Rs. 19,000 crores in 2017-18 for this scheme. With the contribution of States, the total amount of Rs. 27,000 crores will be spent on PMGSY in 2017-18. What is Budget? Proposed to complete 1 crore houses by 2019 for the houseless Budget is an Annual financial & those living in kutcha houses. statement of the estimated Allocation for Pradhan Mantri Awaas Yojana – Gramin increased receipts & expenditure of from Rs.15,000 crores in 2016-17 to Rs. 23,000 crores in 2017- the Government for the 18. financial year. (1st April – Allocation of Rs. 4,814 crores has been proposed under the 31st March). Deendayal Upadhyaya Gram Jyoti Yojana in 2017-18. This year, it was the first Allocations for Deendayal Antyodaya Yojana- National Rural time that the Railway budget was presented with the Union Budget. Livelihood Mission increased to Rs. 4,500 crores in 2017-18. Finance Minister Shri Arun Jaitley presented the Union Budget For imparting new skills to the people in the rural areas, mason 2017-18 which focused on 10 broad themes which are: training will be provided to 5 lakh persons by 2022, with an farmers, rural population, youth, poor & health care for the immediate target of training at least 20,000 persons by 2017-18. underprivileged; infrastructure; financial sector for stronger The total allocation for the rural, agriculture & allied sectors in institutions; speedy accountability; public services; prudent fiscal 2017-18 is Rs. 1,87,223 crores, which is 24% higher than the management; tax administration for the honest. previous year. Budget Post Demonetisation Budget proposals for the Youth Demonet. is expected to have a transient impact on economy. An Innovation Fund for Secondary Education will be created to It is a bold & decisive measure & will lead to higher GDP growth. encourage local innovation for ensuring universal access, gender The effects of it will not spillover to the next fiscal. parity & quality improvement. Govt. to launch SWAYAM platform with at least 350 online Budget Proposals related to Agriculture Sector courses. This would enable students to virtually attend the Rs. 10 lakh crores as credit to farmers with 60 days interest courses taught by the best faculty. waiver will be provided. Govt. proposed to establish a National Testing Agency as an NABARD fund increased to Rs. 40,000 crores. autonomous & self-sustained premier testing organisation to Govt. will set up mini lab in Krishi Vigyan Kendras for soiling. conduct all entrance examinations for higher education Dedicated micro irrigation fund will be set up for NABARD with institutions. the initial corpus of Rs 5,000 crores. Pradhan Mantri Kaushal Kendras (PMKK) will be extended to Irrigation Fund corpus has been increased from Rs. 20,000 more than 600 districts from 60 districts earlier. crores to Rs. 40,000 crores. 100 India International Skills Centres will be established across With a better monsoon, agriculture is expected to grow at 4.1% the country. in the current year. In 2017-18, the govt. proposed to launch Skill Acquisition & The coverage of Fasal Bima Yojana will be increased from 30% of Knowledge Awareness for Livelihood Promotion programme cropped area in 2016-17 to 40% in 2017-18 & 50% in 2018-19. (SANKALP) at a cost of Rs. 4,000 crores. It will provide market The Budget provision for this Yojana increased to Rs. 9,000 relevant training to 3.5 crore youth. crores. The 2nd phase of Skill Strengthening for Industrial Value The coverage of National Agricultural Market (e-NAM) will be Enhancement (STRIVE) will also be launched in 2017-18 at a cost expanded from the current 250 markets to 585 APMCs. of Rs. 2,200 crores. It will focus on improving the quality & A Dairy Processing & Infrastructure Development Fund would be market relevance of vocational training provided in ITIs. set up in NABARD with a corpus of Rs. 8,000 crores over 3 years. Five Special Tourism Zones, anchored on SPVs, will be set up in Initially, the Fund will start with a corpus of Rs. 2,000 crores. partnership with the States. Incredible India 2.0 Campaign will be launched across the world. Budget Proposals related to Rural Population Mission Antyodaya will be launched to bring one crore Budget allocations for the Poor & the Underprivileged households out of poverty & to make 50,000 gram panchayats Mahila Shakti Kendra will be set up at village level with an poverty free by 2019, the 150th birth anniversary of Gandhiji. allocation of Rs. 500 crores in 14 lakh ICDS Anganwadi Centres. During 2017-18, 5 lakh farm ponds will be taken up. For the welfare of Women & Children under various schemes Budget provision under MGNREGA in 2017-18 has been across all Ministries, allocations hae been increased from increased to Rs. 48,000 crores. This is the highest ever allocation Rs.1,56,528 crores in 2016-17 to Rs. 1,84,632 crores in 2017-18. for MGNREGA. COMPETITION POWER – MARCH - 2 0 1 7 3 WWW.CAREERPOWER.IN & WWW.BANKERSADDA.COM National Housing Bank will refinance individual housing loans of A new & restructured Central scheme, namely, Trade about Rs.