Friday, 5 February 2016

Daily Current Affairs 5th February 2016

Daily Current Affairs 5th February 2016 : Dear expert. We are online now. You can get Latest New Daily current affairs for your upcoming govt jobs and competitive bank exam IBPS PO, Clerk, SBI, RRB, RBI Exam. Daily Current Affairs is a very important part of General awareness in every competitive examination. So we are here with pdf and quiz type current affairs which can help you to memorize updates on a daily basis.

Daily Current Affairs 5th February 2016

Current Affairs Feb 4 Th 2016
  • Indian company claims breakthrough in developing vaccine to fight Zika
  • Union Cabinet approved forming of Joint Ventures between Ministry of Railways and State Governments
  • President conferred Honorary rank of General of Indian Army on Nepalese Army Chief
  • Governor of Arunachal Pradesh terminated services of Advocate General and Addl. Advocate General
  • Madhya Pradesh makes wearing helmet compulsory for two wheelers to buy petrol
  • Smart City Mission project taken by Odisha Government to begin in July
  • World Cancer Day 2016 observed with theme “We can. I can”
  • Justice Ramayyagari Subhash Reddy appointed as the Chief Justice of Gujarat High Court
  • Aruna Sethi became the first female ICoAS officer to head Indian Cost Accounts Service
  • DJ Pandian appointed Vice President of Asian Infrastructure Investment Bank
  • CSIR launched India’s first Ayurvedic drug BGR-34 for Type 2 Diabetes
  • Sarangi maestro Pandit Ram Narayan selected for Bhimsen Joshi Award
  • Government to infuse Rs. 5,000 crore in Public sector Banks
  • TCS rated world’s most powerful IT services brand
  • SwiftKey is joining Microsoft

Liquor policy: MP govt allows 100 bottles of liquor

  • The Madhya Pradesh government has decided to allow those with an annual income of over Rs 10 lakh to stock as many as 100 bottles of expensive liquor in their homes for an annual fee of Rs 10,000.
  • The minimum price of each bottle must be Rs 1,000.
  • This is a quantum leap from the existing policy which allows only two bottles at a time.
  • The new excise policy cleared by the CM is set to come into force by April 1. While those in the income bracket can apply for a licence, they will not be allowed to sell the liquor.

Commerce Ministry will consult Nasscom on US visa fee hike issue

  • The Commerce Ministry will consult IT industry body Nasscom to decide on an action plan against the US move to increase professional visa fees as it does not want to take steps that the industry considers “too harsh’’.
  • In December, US President Barack Obama brought in a legislation which introduced a $4,000 fee for certain categories of H-1B visa and $4,500 for L1 visa.

Sushma Swaraj leaves for two-day visit to Sri Lanka

  • External Affairs Minister Sushma Swaraj left for Colombo on a two-day visit during which she is expected to discuss the fishermen’s issue and rights of minority Tamils with the top Sri Lankan leadership.
  • Ms. Swaraj and her Sri Lankan counterpart Mangala Samaraweera will co-chair the 9th Joint Commission meeting to discuss key bilateral and regional issues in Colombo later today.
  • The discussions will cover the entire gamut of relationship pertaining to economic cooperation, trade, power and energy, technical and maritime cooperation, social, cultural and educational matters, science and technology, defence cooperation, health, civil aviation, tourism and people-to-people contact.

Large firms benefit, laws apply quickly to small cos

  • Reserve Bank of India Governor Raghuram Rajan, who is now leading the RBI initiative of cleaning up banks’ balance sheets, said promoters benefited while resolving distress in large firms.
  • On the other hand, laws applied more quickly to small firms.
  • Highlighting the bias towards big firms, Rajan said, laws applied more quickly to small firms sometimes with a bias to creditors. Laws become more draconian to give creditors powers. However, operational and speedy bankruptcy code will level the playing field.”
  • The government and regulators are needed to set the rules of the game and enforce behaviour.

Pendulum swing: Three is a crowd, says ICC

  • India, England and Australia won’t have permanent positions in two of ICC’s most powerful bodies, namely the Executive Committee and Financial and Commercial Affairs Committee.
  • The Board agreed to approve changes to the terms of reference of the Finance and Commercial Affairs Committee and Executive Committee so as to remove the permanent positions for the nominees of the Board of Control for Cricket in India (BCCI), Cricket Australia (CA) and the England and Wales Cricket Board (ECB) on these committees, and to allow fair access to membership for all Full and Associate Member directors, with the sole criteria being the skill, competence and experience of the relevant director.
  • Meanwhile, the new chairman will be elected for a two-year term at the June 2016 Board meeting through a secret balloting process overseen by the ICC’s independent Audit Committee Chairman.

UN unveils stamps promoting equality for LGBT

  • The United Nations Postal Administration has released six new postage stamps promoting equality for lesbian, gay, bisexual and transgender people.
  • The colorfully designed stamps by artist and UNPA art director Sergio Baradat are also meant to celebrate the diversity of the gay community and marks the first time the global body’s post office has issued stamps with an LGBT theme.
J&K Governor appoints Advisers amid uncertainty

  • Mr.Vohra appointed two former IAS officers, Parvez Dewan and Khurshid Ahmed Ganai, as Advisers and entrusted them with key departments.
  • Besides, State Chief Secretary B.R. Sharma and Financial Commissioner B.B. Vyas were also given charge of important departments.
  • The Governor also approved the constitution of the State Administrative Council, with himself as its Chairman and the Advisers as Members, to address governance issues.

Phum Shang, My Name is Salt, Abyss: Won awards for Best Documentary at MIFF

  • Phum Shang, an investigative documentary directed by Hao Bam Pabankumar that examines Loktak’s grave environmental issues, won the Golden Conch award for Best Documentary (less than 60 minutes) in the Mumbai International Film Festival’s international competition.
  • My Name is Salt and Placebo jointly won the Golden Conch Best Feature Length Documentary award.

IDBI Federal Life ties up with KSCA for bowling foundation

  • IDBI Federal Life Insurance, a private life insurer, has partnered with the Karnataka State Cricket Association (KSCA) for the launch of a bowling foundation.
  • The entity called KSCA IDBI Federal Life Insurance Bowling Foundation, is along the lines of a similar tie-up with Mumbai Cricket Association (MCA).
  • The Foundations will help the respective cricket associations to nurture the bowling talent under the guidance of top coaches and cricket experts, company executives said.

Amazon Web Services builds 5 data centres in Mumbai

  • Amazon’s cloud service arm Amazon Web Services has built its data centres in around 5 locations in Mumbai, as it looks to tap on the growing potential of the Indian e-tailing and cloud computing space, said sources privy to the development.
  • The move comes at a time when Amazon’s closest rival in India, Flipkart, has already started moving its data centres in-house, while Microsoft has brought online three cloud data centres in Mumbai, Pune and Chennai to improve the performance of Azure services for Indian customers. IBM is also looking to build its data centres in India.

Apollo Munich’s policy to cover overseas treatment and travel expenses

  • Apollo Munich is set to launch Critical Advantage, which covers eight critical illnesses treated abroad, and will also pay for travel and accommodation expenses for the insured and an accompanying person.
  • This is offered as a rider with its Optima Restore or Easy Health policy of above `10 lakh and is available for a sum assured of either Rs 1.5 crore or Rs 3 crore.
  • The premium for a 35-year-old for the base policy and rider works out to about Rs 16,000.

Micromax to enter new markets in Africa, Middle East, CIS next fiscal year

  • Micromax, India’s top home-grown phone maker, will enter new markets in Africa, West Asia and CIS countries in the fiscal year beginning April 1.
  • The company’s international operations from Russia, Nepal, Bangladesh and Sri Lanka will make up Rs 1,000 crore in revenue by March 2016, doubling up from revenue clocked in 2014-15.
  • Amit Mathur – senior vicepresident-international business at Micromax

NASA’s most powerful rocket to send 13 tiny satellites into space

  • The Space Launch System (SLS) NASA’s most powerful rocket ever that will launch an uncrewed Orion spacecraft to a stable orbit beyond the Moon in 2018  will also carry 13 tiny satellites to test innovative ideas.
  • These small satellite secondary payloads or ‘CubeSats’ will carry science and technology investigations to help pave the way for future human exploration in deep space, including the journey to Mars.

Sri Lanka celebrates I-Day by rendering national anthem in Tamil too

  • The 68th Independence Day of Sri Lanka was celebrated with an uncommon element – the rendering of the Tamil version of the national anthem at the government’s main event of the day.
  • the celebration got off to a colourful start as the Sinhala version of the anthem was played and President Maithripala Sirisena hoisted the national flag.
  • According to several Ministers, this happened after a long gap and it exemplified the present government’s efforts towards national reconciliation and ethnic harmony. The State-controlled English newspaper, “Daily News,” in a report on its website, stated that the national anthem was sung in Tamil since 1949.

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