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Current Affairs for 4th to 11th March 2017






  1. President Pranab Mukherjee has said in the last 13 years. Country’s economy grew more than 7 per cent, making it the fastest growing large economy of the world.
  2. Centre has approved over 4000 Post Graduate seats in medical colleges and hospitals across the country for the academic session 2017-18. Health Minister J P Nadda in an official statement said that with this, the total number of PG seats available in the county will further boost 35 thousand.
  3. Indian Navy has successfully test-fired an anti-ship missile for the first time from an indigenously built Kalvari class submarine, describing the launch as a significant milestone in enhancing its “sub-surface” warfare prowess. The weapon was fired from the submarine, the first of India’s six Scorpene-class submarines which are being built under the Project 75, and it “successfully hit” a surface target during the trial in the Arabian Sea.
  4. India has successfully test-fired an indigenously developed supersonic interceptor missile capable of destroying incoming enemy ballistic missile at low altitudes. This Advanced Air Defence (AAD) missile, which was tested for the second time in less than a month, is part of an effort to put in place multilayer missile defence system.
  5. Jawaharlal Nehru University has won the annual visitor’s award for the Best University-2017. Dr. Deepak Pant from Central University of Himachal Pradesh won the visitor’s award for innovation, while the visitor’s award for research has been jointly won by Dr. Shyam Sunder from Banaras Hindu University and Prof. Niranjan Karak from Tezpur University.
  6. National Science Day was celebrated across the country on February 28 this year. The theme for this year was “Science and Technology for Specially Abled Persons”. This day marks the epoch-making discovery of Raman effect by Indian physicist C V Raman on February 28, 1928. His discovery was awarded with the Nobel Prize in Physics in 1930.
  7. The United Nations envoy on human rights in Myanmar called for the creation of a Commission of Inquiry (COI), the UN’s highest-level probe, to investigate abuses in the country. Human Rights envoy Yanghee Lee made the appeal in a report submitted to the UN rights council, currently holding its main annual session in Geneva. She urged the 47-member body to establish a COI to investigate the systematic, structural and institutional discrimination in policy, law and practice, as well long-standing persecution, against the Rohingya and other minorities in Rakhine State.
  8. Contrary to projections by analysts and economist, demonetization has not dented India’s Statistics Office (CSO).
  9. The Reserve Bank of India has asked bank-operated Financial Literacy Centers, FLCs and rural branches to organize special camps starting from April 1 to educate public about digital payments through Unified Payments Interface, UPI and Unstructured Supplementary Service Data-based, USSD, **99#* service code platforms. The camps will be conducted for one year. Besides these special camps, RBI said FLCs will continue to conduct the tailored camps for five target groups like farmers, small entrepreneurs, school children, senior citizens and Self Help Groups. Furthermost, banks are henceforth required to conduct only one camp per month on the third Friday of each month after branch hours.
  10. The government said, the increase in the price of non-subsidized LPG cylinder will not impact the consumers receiving subsidized refills. The non-subsidized price of LPG cylinder has increased by Rs. 86. The Petroleum Ministry in a statement said, the increase in line with the rise in global LPG product prices.
  11. Some banks, including HDFC, ICICI and Axis Bank are now charging a minimum amount of Rs. 150 on cas withdrawal and beyond four transactions in a month. The move was seen aimed at discouraging cash transactions and furthering the digital payment drive.
  12. Senior IAS officer Ajay Tyagi became the ninth Chairman of markets regular Securities and Exchange Board of India. Mr. Tyagi took over the charge of SEBI Chairmen in Mumbai from U K Sinha, who completed his six-year tenure.
  13. Academy Awards 2017: The 89th Academy Awards, popularly known as Oscars was held at the Dolby Theatre in Hollywood, Los Angeles. The award presented in 24 categories by the Academy of Motion Picture Arts and Sciences (AMPAS), honoring best films of 2016. Musical drama La La Land won the most number of awards totaling to six at the ceremony after it was nominated into 14 categories. It was followed by Moonlight and Arrival with each being nominated in eight categories:- Best Picture: Moonlight, Best Actress: Emma Stone (La La Land), Best Actor: Casey Affleck (Manchester By The Sea), Best Director: Damien Chazelle (La La Land). He became youngest director to win Oscar at 32, Best Supporting Actress: Viola Davis (Frences). 

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