DAILY FREE CURRENT AFFAIRS 5 MARCH 2015

DAILY CURRENT AFFAIRS 5 MARCH 2015

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1.      RBI CUTS REPO RATE 25 BPS:

Ø  In a step to easing loans, RBI has further lowered the Repo Rate by 25 bps to 7.5 % from 7.75 %.

Ø  This is the second time since January 2015 that RBI has made cut in Repo Rate.

Ø  Reserve Repo Rate has moved down to 6.5 Percent. Cash Reserve Ratio has remained unchanged at 4 percent.

Ø  Repo Rate: It is a Rate at which RBI lends short term to other banks.

Ø  Reverse Repo Rates: It is a rate at which other banks either lends to RBI or gain interest by Depositing money in RBI.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS:

Q.1 What is current Repo Rate?

A.      7.5 %

B.      7.75 %

C.      6.5 %

D.     7.00 %

Q.2 What is current Reverse Repo Rate?

A.      6.75 %

B.      6.5 %

C.      6.5 %

D.     7.5 %

2.      RAHUL JINDAL GETS FULBRIGHT- NEHRU DISTINGUISHED CHAIR TO INDIA :

Ø  Dr. Rahul Jindal, an Indian–American physician is selected for Fulbright-Nehru Distinguished chair.

Ø  Rahul Jindal is a professor of surgery and global health at the uniformed services university of health science in Maryland , U.S.A.

3.      MAHARASHTRA ANIMAL PRESERVATION AMENDMENT BILL , 1995 PASSES:

Ø  After 19 years of wait, finally president gave hill assent to the Maharashtra animal preservation amendment Bill,1995.

Ø  The bill was presented in the Maharashtra assembly in 1995 and was sent for President Approval in 1996.

Ø  According to the bill, BEEF will now be banned in Maharashtra.

Note: PRANAB MUKHERJEE is the President OF INDIA.

EXPECTED QUESTION FROM THIS CURRENT AFFAIRS:

Q.3 which state recently passed animal preservation amendment Bill?

A.      Uttar Pradesh

B.      Punjab

C.      Maharashtra

D.     Haryana

4.      RANI MUKHERJEE BAGS AN AWARD FOR REPRESENTING THE CAUSE OF WOMEN:

Ø  Rani Mukherjee is awarded by National Institute of Gender Justice for representing the cause of women.

Ø  Rani Mukherjee got this prestigious Award for Creating awareness about child trafficking in New Delhi.

Ø  Rani mukherjee is first from the Bollywood Industry to get such an Award.

 EXPECTED QUESTION FROM THIS CURRENT AFFAIRS:

Q.4 Which bollywood star gets an award by NIGJ for representing the cause of women?

A.      Vidya Balan

B.      Hema Malini

C.      Jaya Bachchan

D.     Rani Mukherjee

5.      DILIP SHANGHVI BECOMES RICHEST INDIAN:

Ø  Dilip Shanghvi overtakes Mukesh Ambani to be the richest Indian according to FORBES magazine.

Ø  Dilip Shanghvi is the founder and managing director of SUN PHARMACEUTICALS.

Ø  Forbes magazine publishes the list of richest people around the GLOBE. Mr. Shanghvi moved up to 37^th position while Mr. Ambani slipped to 43^rd.

EXPECTED QUESTION FROM THIS FREE CURRENT AFFAIRS:

Q.5 Who is the richest INDIAN according to FORBES?

A. Dilip Shanghvi

B. Mukesh Ambani

C. Anil Ambani

D. Bharti Mittal

6.      TELECAST OF NIRBHAYA DOCUMENTARY BANNED:

Ø  Delhi High Court banned the telecast of Nirbhaya Documentary, ‘INDIA’S DAUGHTER’.

Ø  The documentary is based on the Interview of a convict in the DECEMBER 16 DELHI gang rape case.

Ø  Even after INDIA’S ban, BBC aired the documentary in the U.K. and other countries.