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March 06, 2017

6th March 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (6th March 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 6th March 2017

International Current Affairs
  • Indonesia is hosting the 20th Indian Ocean Rim Association (IORA) summit 2017.
    • About 100 people, including representatives from the 21 IORA member countries that border the Indian Ocean are attending the meeting.
    • The IORA Summit is an international event that convenes coastal states bordering the Indian Ocean.
    • Vice President Hamid Ansari is representing India at IORA Summit.
    • Important Details about IORA
      • IORA - Indian-Ocean Rim Association
      • Established on - 6th March 1997
      • Headquarters - Ebene Cyber City, Mauritius
      • Member States - 21
      • Secretary General - K. V. Bhagirath (India)
      • Chair - Indonesia (2016 - 2018)
      • Vice Chair - Australia (2016 - 2018)
  • The Swedish passport has been rated the world's most valuable by consulting firm Nomad Capitalist. 
    • The Indian passport was ranked 160th, while Afghanistan's and Pakistan's passports were among the least valuable.
    • Top 5 in the List :
      • Sweden
      • Belgium
      • Italy
      • Spain 
      • Ireland
National Current Affairs
  • INS Viraat, which holds a Guinness world record for being the oldest surviving aircraft carrier in the world, retired from service today. 
    • INS Viraat was first commissioned in the Indian Navy on May 12, 1987, after the Indian government bought it for ₹433 crore. 
    • Before 1987, the aircraft carrier had served the United Kingdom's Royal Navy for 27 years.
  • Indigenously-manufactured INSAS rifles will 'retire' from the army after 20 years in service and be replaced by an imported rifle.
    • The Indian Small Arms System (INSAS) is likely to be replaced with deadlier assault rifles of a higher caliber.
    • Note : INSAS rifles were being retired due to their limited effectiveness at long range.
  • Jammu and Kashmir Minister for Food, Civil Supplies, and Consumer Affairs Chowdhary Zulfkar Ali today inaugurated the 1st smart tribal model village 'Hubbi' in Rajouri district of the state. 
    • Developed under the rural development department, the village has been introduced with smart classes in the schools, better roads, electricity, and water facility.
  • Noida will get its 1st Bike Taxi service later this month with the launch of "Baxi". 
    • Note : Baxi already runs its services in Gurugram.
  • India's tallest national flag, measuring 360 feet, was hoisted today at the Attari-Wagah joint check post in Punjab
    • The flag, built at a cost of ₹3.6 crore, can be seen from Lahore in Pakistan. 
    • Note : A 293-foot tall tricolour in Ranchi had held the record earlier.
  • The Union Government has launched the 1st ever across-the-river survey in River Ganga to determine the population of aquatic life, including that of the endangered Gangetic doplhin
    • The survey will create a baseline scientific data for the government to take suitable measures to improve quality of the Ganga’s water.
  • Haryana Government has announced Tirtha Darshan Scheme under which senior citizens above 60 years of age in the state will be able to go on a pilgrimage within the country at government expense.
Science & Technology
  • North Korea fired four ballistic missiles into the sea off Japan's northwest coast early today. 
    • Three of the missiles covered nearly 1,000 km and landed in waters as close as 300 km to Japan's coastline. 
    • This comes as South Korea and the US hold joint military exercises, which North Korea views as preparations for an invasion.
Business & Economic Affairs
  • The State Bank of India (SBI) has recently announced that it will start charging its account holders a penalty if they fail to maintain a minimum balance in their savings account.
    • According to the new rules effective from April 1, it is mandatory for accounts to maintain a balance of Rs 5,000 in metropolitan areas, Rs 3,000 in urban areas, Rs 2,000 in semi-urban areas and Rs 1,000 in rural areas.
    • Check New Cash-withdrawal Limits of SBI from HERE
  • Kerala Finance Minister Thomas Isaac has recently presented the State Budget for fiscal year 2017-18.
    • Here are the major highlights of the budget
      • Allotted 900 crore for ration subsidy.
      • Announced an increase of Rs 2000 in the pension amount of Pravasi from Rs 500 to 2000.
      • Alloctated Rs 3000 crore for revival of Kerala State Road Transport Corporation (KSRTC).
      • Giving high priority to protection of women in the state, Rs 5 crore was assigned for protection and rehabilitation of  women.
      • Allocated 2100 crore for Agriculture sector.
      • Set aside Rs 248 crores for Anganwadis.
      • Onelakh houses for homeless in next year.
      • Allocated 100 crore for smart cities.
      • Rs 10 crore was announced to end manual scavenging and plant 3 crore tree saplings by next monsoon.
      • Rs 10 crore was set apart as compensation for Endosulphan victims.
      • Rs 1000 crore for optic fiber network through K-phone 6500 cr for development of coastal roads.
      • Rs 174 crore for electrification of all houses in the state.
      • Rs 25 crores-Sabarimala Master Plan.
      • Rs 25000 crore was set apart for infrastructure development in the state.
      • Rs 2600 crore for upliftment of SC and 750 crore for ST 128 crore for coir industry.
Deaths
  • American physician and researcher Thomas Starzl (90), who performed the world's first human liver transplant in 1963, passed away.
    • He also performed world's first successful liver transplant in 1967. 
    • Starzl, often referred to as "the father of modern transplantation", also performed the world's first simultaneous heart and liver transplant in 1984.

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