DAILY CURRENT AFFAIRS: 4 MAY 2016

DAILY CURRENT AFFAIRS: 4 MAY 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. PRESIDENT PRANAB MUKHERJEE PRESENTS 63RD NATIONAL FILM AWARDS 2015

i. President Pranab Mukherjee has conferred 63rd National Film Awards in New Delhi.

ii. Legendry actor Manoj Kumar was conferred with Dada Saheb Phalke Award, highest official recognition in Indian cinema.

Some other awardes:

a.       Baahubali was bestowed with the Best feature film award.

b.      Bajrangi Bhaijaan directed by Kabir Khan was awarded as the Best Popular film providing wholesome entertainment.

c.       Best Actor award to Amitabh Bachchan for movie Piku.

d.      Best Actress: Kangana Ranaut for movie Tanu Weds Manu Returns.

e.       Best Feature Film on National Integration award to Nanak Shah Fakir directed by Sartaj Singh Pannu.

2. IMF STATED FINANCIAL INEQUALITY HIGHEST IN INDIA AND CHINA

i. According to IMF, Financial inequality is highest in India and China among Asia Pacific countries.

ii. Financial inequality in both countries is high despite the two are fastest growing economies.

iii. China and India have grown rapidly and reduced poverty sharply, however, this impressive economic performance has been accompanied by increasing levels of inequality.

3. INDIA TO HOLD FESTIVAL IN EGYPT TO MARK TAGORE'S BIRTH ANNIVERSARY

i. To mark the 155^th birth anniversary of Rabindranath Tagore India will organize a cultural festival in Egypt.

ii. It will build the connections between the people of the two countries who share strong cultural bonds.

iii. The festival will be host from 8^th May to 12^th May.

4. WORLD'S SMALLEST ENGINE POWERED BY LIGHT CREATED

i. The world's smallest engine has been created at Cambridge University by UK based researchers.

ii. The engine is fueled by lasers and gold and a few billionths of a metre in size, which uses lights to power the engine.

iii. The engine will help to develop nano-machines that can navigate in water, sense the environment around them or even enter living cells to fight disease.

iv. The microscopic ANT engine, which cannot be seen by the human eye, is believed to be up to a hundred times more powerful than any other engine known to man.

5. NSE TO LAUNCH NEW EXCHANGE FOR MSME

i. The national stock exchange is going to launch a new trade receivable and credit exchange platform for micro, small and medium enterprises.

ii. This new exchange will help MSMEs to file their bill against large companies.

iii. These bills can be accepted electronically and auctioned so that these small enterprises are paid immediately.

iv. It will be a joint venture between NSE and Small Industries Development Bank of India.

v. The platform would be known as 'Trades Exchange'.

vi. The platform will be based on the Trade Receivables Discounting System .

6. THREE EARTH-LIKE PLANETS DISCOVERED ORBITING DWARF STAR

i. An international team of scientists have discovered a trio of Earth-like exoplanets using the TRAPPIST telescope at ESO’s La Silla Observatory.

ii. These planets were found orbiting just 40 light-years from Earth.

iii. They are likely comparable in size and temperature to Earth and Venus.