Current Affairs – February 05, 2018

Sushma Swaraj, Prakash Javadekar launch PM Narendra Modi’s book ‘Exam Warriors’

The book is a compilation of Prime Minister’s address to students focused on busting stress during exams in his monthly radio programme “Mann ki Baat”. External Affairs Minister Sushma Swaraj said, “The book is most relevant one in this exam season as it aims to instill confidence in the students and prepare them to face the difficult moments during examinations and life”. She also described in detail the 25 ‘mantras’ for students given by the Prime Minister in his book and urged them to read the book. Human Resources Development Minister Prakash Javadekar, who was also present on the occasion, said: “This book will help the students in beating the stress. It is for everyone. Not only for students but also for their parents.”

4th February: Independence Day for Sri Lanka

Sri Lanka celebrated its Independence Day on February 4. The colonial history of Sri Lanka began in the 16th century when the island of Ceylon (present-day Sri Lanka) was invaded by the Portuguese. In the 17th century, the Dutch got rid of the Portuguese settlers. After the Napoleonic War, the island became a British colony. In the early 20th century, the development of the Sri Lankan independence movement began. It was a peaceful movement led primarily by the educated middle class. Despite the peaceful nature of the independence movement, riots also took place, for example, the 1915 Ceylonese Riots that were brutally suppressed by the colonial authorities. On February 4, 1948, British Ceylon was finally granted internal political independence and became a dominion in the Commonwealth of Nations. The anniversary of this event is now celebrated as Sri Lanka’s Independence Day.

4th February: World Cancer Day

World Cancer Day is being observed on 4th February every year to raise awareness about cancer, its treatment and to encourage methods of its prevention. The primary goal of the day is to reduce the illness and related deaths by 2020. For 2016 to 2018, the theme for observing World Cancer Day is ‘We Can. I can’. Under this theme, people are expected to, individually and collectively, understand and work towards lessening the impact and harmful effects of the condition globally. The Union for International Cancer Control (UICC) had instituted World Cancer Day (WCD) in 2008 by formally writing the goals of the World Cancer Declaration. UICC is Geneva based leading international non-governmental organization (NGO) founded in 1933.

Syed Mahmud Hossain has been appointed Chief Justice of Bangladesh

Syed Mahmud Hossain has been appointed Chief Justice of Bangladesh barely three months after Surendra Kumar Sinha resigned from the post. President Md Abdul Hamid administered the oath for Hossain as the 22nd Chief Justice of the Supreme Court in Dhaka. Prime Minister Sheikh Hasina, senior members of her cabinet, top judges and lawyers of the Supreme Court, among others, were present at the oath-taking ceremony. The chief justice’s office fell vacant after Justice Surendra Kumar Sinha resigned in November last year.

India Open: Sindhu settles for silver, loses to Zhang in final

Defending champion PV Sindhu failed to retain the title as she went down fighting against world No. 11 Beiwen Zhang of USA in the summit clash of India Open Super 500 at Siri Fort Complex in Delhi on 04, February. Sindhu lost the final in three games 18-21, 21-11, 20-22 in one hour and nine minutes. It is the first major title for the fifth seed American. It was Sindhu’s fourth loss in a major final in the 2017-2018, which includes defeats at World Championship, Hong Kong Open, and Dubai Super Series Final last year.

Union Bank of India classifies RCom as a defaulter

Reliance Communications has been classified as a defaulter by one of its lenders Union Bank of India. This has resulted in an additional Rs 4,187 crore worth of loans slipping into the non-performing asset (NPA) category for the bank. Bad loans provisions have triggered a net loss of Rs 1,250 crore for Union Bank for the quarter ended December 2017 with a net profit of Rs 104 crore in the same quarter a year ago. However, bankers are hopeful of an early resolution of the RCom default. This follows a deal in December-end whereby RCom agreed to sell wireless spectrum, media convergence node assets, 43,000 towers, and around 1.78 lakh km of fiber network to Reliance Jio for an undisclosed amount. RCom has a total debt of around Rs 45,000 crore and the company proposes to bring it down by Rs 39,000 crore largely through the sale of assets.
MD and CEO of Union Bank of India: Rajkiran Rai
UBI Headquarters: Mumbai

US Air Force Chief Flies In ‘Made-In-India’ Tejas Aircraft In Jodhpur

Chief of Staff of the United State Air Force (USAF) Gen. David L Goldfein flew a sortie on India’s indigenously built Light Combat Aircraft (LCA) Tejas. He is the first service air chief of a foreign country to fly on the Tejas. “The journey was undertaken from Jodhpur Air Force Station and lasted approximately 40 minutes. The jet was piloted by Air Vice Marshal A.P. Singh, Principal Director Flight Testing at National Flight Test Centre (NFTC). The Tejas is an indigenously designed and developed single engine, lightweight fighter aircraft. After a long development cycle spanning over two decades, it is now in the process of being inducted into the Indian Air Force (IAF).

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