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Friday, March 16, 2018

DAILY CURRENT AFFAIRS: 5 MAR 2018


DAILY CURRENT AFFAIRS: 5 MAR 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      INTERNATIONAL YOGA FESTIVAL HELD IN RISHIKESH
i.Uttarakhand CM Trivendra Singh Rawat inaugurated the 29th edition of annual International Yoga Festival at ParmarthNiketan ashram in Rishikesh.
ii.The International Yoga Festival has been organised by ParmarthNiketan Ashram in association with Union Ministry of AYUSH, Uttarakhand Tourism Development Board and GarhwalMandalVikas Nigam Ltd.
iii.Over 1500 yoga practitioners from 94 countries have gathered in Rishikesh for this week-long festival.
Marshall Islands becomes 1st country to launch own cryptocurrency as legal tender
Marshall Islands becomes 1st country to launch own cryptocurrency as legal tender Marshall Islands


2.      1ST COUNTRY TO LAUNCH OWN CRYPTOCURRENCY AS LEGAL TENDER:
i. This cryptocurrency is named SOV. Its legal tender status has been approved by the parliament of Marshall Islands.
ii. It will be issued to the public through an initial coin offering. 
iii. SOV will function like regular money.

3.      RBI TO CONDUCT ADDITIONAL REPO OPERATIONS TO PROVIDE LIQUIDITY SUPPORT TO BANKS
i. Repo operation are undertaken by RBI to provide liquidity to banks which helps in overcoming temporary liquidity mismatches.
ii. In the current scenario, wherein the liquidity has tightened in the banking system owning credit growth outpacing deposit growth, additional repo operations appear to be a viable way out.
iii. RBI will provide additional liquidity support to banks by undertaking additional repo operations for longer tenors up to 31 days, on every Tuesday of March 2018 for Rs 25000 crore each.
iv. These operations will thereby infuse liquidity aggregating Rs 1 lakh crore in to the banking system by the end of March 2018.

4.      MS DHONI BECOMES BRAND AMBASSADOR OF GAMING PLATFORM DREAM 11
i. Mahendra Singh Dhoni will be the new face of Dream11’s multi-channel marketing campaigns and brand engagement activities.
ii. Dream11 has a user base of 2 crore players currently.
iii.Its deals with products are related to cricket, football, kabaddi and basketball.

5.      THE SHAPE OF WATER BAGS BEST PICTURE OSCAR  AWARD
Oscars 2018 – Winners List
Best Picture      -The Shape of Water
Best Director-Guillermo del Toro – The Shape of Water
Best Actor-Gary Oldman – Darkest Hour
Best Actress-Francndia’s first helicopter taxi service launched in Bengaluru

6.      INDIA’S FIRST HELICOPTER TAXI SERVICE WAS LAUNCHED IN BENGALURU
i. The first trip of the heli taxi was between Electronic City and Kempegowda International Airport in Bengaluru and was completed in 15 minutes.
ii. This service has been launched by Kerala-based Thumby Aviation Private Limited, using a Bell 407 helicopter with a capacity of six passengers.
iii. Currently, the heli taxi will operate between Electronic City and Kempegowda International Airport in Bengaluru only.

7.      NITINGADKARI LAUNCHES SUKHADYATRA APP AND TOLL-FREE EMERGENCY NUMBER FOR HIGHWAY USERS
i. The SukhadYatra app will provide information on toll rates to highway users as they approach the toll plaza.
ii. Users can report road quality-related information or any accident or pothole they witness on the highway.
iii. It also provides real-time data on waiting time expected at Plazas and other facilities on the highway to the users.
iv. The toll-free number – 1033 will allow users to report any emergency condition on the highway or highway-related feedback.
v. Ambulance/tow away services are clubbed with this service to provide swift response in emergency cases. 

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. WHICH STATE GOVERNMENT INAUGURATED THE WEEK-LONG 29TH EDITION OF ANNUAL INTERNATIONAL YOGA FESTIVAL (IYF)?
1. Odisha
2. Mizoram
3. Punjab
4. Uttarakhand
Q2. IN A BID TO INCREASE THE IMPORTANCE OF SERVICES SECTOR AND TO ENCOURAGE BANKS TO LEND MORE TO THIS SECTOR, RESERVE BANK OF INDIA (RBI) HAS DECIDED TO REMOVE THE PER BORROWER LOAN LIMITS FOR ________________ INVOLVED IN SERVICES, FOR CLASSIFICATION UNDER PRIORITY SECTOR LENDING?
1. IT Companies
2. MSME’s
3. Agricultural Companies
4. All the above
Q3. WHO WAS MADE THE BRAND AMBASSADOR OF DREAM11, A GAMING PLATFORM?
1. Hardik Pandya
2. Sachin Tendulkar
3. MS Dhoni
4. Amir Khan
Q4. WHICH COUNTRY HAS ANNOUNCED THAT, IT WILL LAUNCH ITS OWN CRYPTOCURRENCY AND IT WILL BE CIRCULATED AS LEGAL TENDER ALONG WITH THE U.S. DOLLAR?
1. Nauru
2. Palau
3. Marshall Islands
4. Tuvalu

ANSWERS:
1-D     2-B    3-C     4-C

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