Current Affairs Daily Updates: 05 March 2018

Mentor for Bank Exams

Current Affairs Daily Updates: 05 March 2018
Oscars 2018: Sam Rockwell wins Best Actor in a supporting role
  • Sam Rockwell today won the Academy Award for the Best Actor in a supporting role for his portrayal of a racist-yet-redeemable police officer in Martin McDonagh's "Three Billboards Outside Ebbing, Missouri".
  • The 49-year-old actor has earlier won a BAFTA, a Golden Globe and a Screen Actors Guild Award for the critically-acclaimed performance in the film.
  • Supporting actress- Allison Janney (I, Tonya)
Foreign Lanugage Flim- A Fantastic Woman
Animated feature- Coco
Film editing- Dunkirk
As full information is not available at the time or preparing the document, the complete list will be updated tomorrow.
India's exposure to US govt securities touches $144.7 bn in 2017
  • India's exposure to US government securities rose sharply to a high of 144.7 billion US dollars at the end of 2017.
  • India remained the 12th largest overseas holder of such securities.
  • China was the largest holder of US Government Securities (G-Sec) with a holding of $ 1.18 trillion followed by Japan with $ 1.06 trillion.
RBI tightens PSL norms for banks by directing them to create sub-targets
  • RBI tightened the Priority Sector Lending (PSL) norm by directing foreign banks to mandatorily create sub-target under PSL category.
  • The PSL norms mandates banks to 40% of total loan to be extendedto sectors like agriculture, MEMEs (Micro, Small and Medium Enterprises), health, education etc.
  • Now within this 40%, sub-categories will be created- 8% for MSMEsand another 7.5% for micro enterprises only.
  • It will be applicable from next financial year (1st April 2018) and to foreign banks with more than 20 branches in India.
  • RBI removed the prior condition that only loans up to Rs 5-10 crore

World Wild Life Day observed on 3rd March
  • 3rd March is celebrated as World Wildlife Day around the world.
  • Theme- Big Cats: predators under threat
  • Objective- create awareness about world’s wild animals and plants
  • Significance- on this day Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) was signed.
Saudi Arabia hosts its first marathon for women
  • Saudi Arabia hosted its first marathon for women on Saturday.
  • The event came after Riyadh hosted its first international half-marathon in late February.
  • This is after a series of moves by the states to improve the condition of women such as: allowing women to drive cars, lifting ban on movies, motor show only for women, allowing them to open business without permission of male guardians, cheer players in football match, recruiting in army etc.
  • These progressive measures are being taken under the guidance of Crown Prince Mohammad Bin Salman.
About Saudi Arabia:
Capital- Riyadh                               
currency- Riyal
Meghalaya: NPP leader Conrad Sangma to be sworn-in as CM tomorrow
  • National People's Party leader Conrad Sangma will be sworn-in as the next Chief Minister of Meghalaya tomorrow.
  • Mr Sangma enjoys the support of 34 newly elected MLAs from BJP, HSPDP, United Democratic Party, Peoples Democratic Front and Independent. NPP had won 19 seats in a 60 seats Assembly of Meghalaya.
  • A former minister of Meghalaya, Conrad Sangma is the son of former Lok Sabha Speaker PA Sangma.
Karnataka launches universal healthcare scheme: Arogya Karnataka
  • Karnataka launched ambitious ‘Arogya Karnataka’ scheme in Bengaluru.
  • It aims to provide free treatment to all patients regardless of income.
  • The project with an estimated cost of Rs 2,000 crore which aims to cover 1.4 crore families will be implemented in all government hospitals from March 5.
  • The scheme promises free treatment up to Rs 1.5 lakh for each Below Poverty Line (BPL) family in private hospitals every year.
  • The government will foot 30% of bills up to Rs 1.5 lakh in case of Above Poverty Line (APL) families.
I&B Minister Smiriti Irani inaugurates FICCI Frame in Mumbai
  • Information and Broadcasting Minister Smiriti Irani has inaugurated 2018 edition of FICCI Frame in Mumbai.
  • This year a maiden edition of Content Market has been added with over 70 buyers for a curated slate of new Indian Films.
  • Smriti Irani has said that the government is aiming to set up within two months a single-window clearance system for filmmakers to facilitate all types of clearances faster and under one roof.
  • The government is aiming to bring organisations like National Film Development Corporation (NFDC) and Children's Film Society of India (CSFI) under one umbrella.
PM addresses Youth Convention at Tumakuru, Karnataka, via video conference
  • Prime Minister addressed a State Level Youth Convention at Tumakuru, Karnataka, via video conference.
  • Theme- Youth Power: A Vision for New India
  • The Convention at Tumakuru is being organised to mark the Silver Jubilee Celebrations of the Ramakrishna Vivekananda Ashram, Tumakuru.
  • It coincides with 125th anniversary of Swami Vivekananda’s address in Chicago, as well as celebrate Sister Nivedita’s 150th birth anniversary.
Gadchiroli police to organise largest book-reading event
  • Gadchiroli police in Maharashtra are aiming to break a world record of highest number of people coming together to listen to a book-reading.
  • More than 7,000 people would attend reading of a chapter from "Gandhi Vichar Aani Ahimsa" (Gandhian thought and non-violence) at the Gadchiroli police headquarters ground.
  • The objective is to disseminate Mahatma Gandhi's philosophy of non-violence and message of peace.
  • It aims to break the Guinness World Record created last year in 2017.
About Maharashtra:
Capital- Mumbai                 
CM- Devendra Fadnavis  
Governor- C. Vidyasagar Rao
Gymkhana ground, Brabourne stadium, Wankhende stadium- Mumbai
National parks- Pench, Tadoba, Sanjay Gandhi National Park
UNESCO World heritage sites- Ajanta cavesEllora caves, Elephanta cave, Chhatrapati Shivaji Terminus (CST, earlier Victoria Terminus)
DefExpo 2018 – showcasing ‘India
  • DefExpo 2018 will, for the first time, project India’s Defence manufacturing capabilities to the world.
  • Organized near Chennai in Tamil Nadu
  • Tagline- India: The Emerging Defence Manufacturing Hub
  • It will showcase HAL’s domestically designed and manufactured fourth-generation Light Combat Aircraft (LCA) - Tejas; Advanced Light Helicopter – Dhruv etc.
  • India is one of the few countries of the world with capabilities to design a naval vessel from scratch to finish.
  • It will also unveil India’s capabilities in manufacturing Scorpene class submarine.
  • Indian shipbuilding is marked with growing indigenisation levels now reaching 90%.
Astronomers detect for the first time light coming from first star of universe
  • A team of astronomers from Arizona State University have discovered for the first time signals from “cosmic dawn” — the moment when the universe's earliest stars emerged.
  • When the universe was formed in the Big Bang event 13.8 billion years ago there was no sun, no stars, no light, it was a dark place.
  • 3,70,000 years after the Big Bang first atoms, primordial hydrogen was formed.
  • Only when the universes cooled sufficiently for attractive force of gravity to overcome the repulsive thermal force the first stars emerged around 13.6 billon years ago.
  • The team was led by astronomer Judd Bowman and included an Indian Nivedita Mahesh.

India's Manu Bhaker wins Gold at ISSF World Cup
  • Manu Bhaker won the gold medal in 10 metre Air Pistol Women event at the ISSF (International Shooting Sport Federation) World Cup in Guadalajara, Mexico.
  • The 16-year old Haryana girl shot 237.5 points to bag top position.
  • Alejandra Zavala Vazquez of Mexico bagged Silver, Celine Goberville won Bronze.
  • India has so far bagged 4 medals - two gold and two bronze at the event. Another gold was won by Shahzar Rizvi in men’s 10 m air pistol.
India’s noted disable right activist Javed Abidi died
  • India’s noted disable right activist Javed Abidi died at the age of 53. He was the founder of Disability Right Group (DRG) was the director of National Centre for Promotion of Employment.
  • Italy International Footballer Davide Astori was found dead in his hotel room. He passed away at the age of just 31 in his sleep last night.