Daily Current Affairs Update --- 5th & 6th April 2017

• Russia has sought India's EVM technology for 2018 presidential elections.


• China has announced plans to build a new city, a special economic zone, in Hebei province to decongest its capital Beijing.


• Nitin Gadkari said that the first express highway project in India's Northeast region will be developed along the Brahmaputra river in Assam at an estimated cost of ₹40,000 crore.


• World Wide Web inventor Tim Berners-Lee has won the 2016 Turing Award.


• Virat Kohli has been named as the Leading Cricketer in the World for 2016, in this year's edition of the Wisden Cricketer's Almanack.


• According to a new report released by World Travel and Tourism Council (WTTC), India’s is the world’s 7th largest tourism economy in terms of GDP .


• Aditya Birla Idea Payments Bank Ltd. has become the seventh entity to receive a final licence from Reserve Bank of India (RBI) for carrying out the business of payments bank in India.


• Mashrafe Mortaza(33) who led the Bangladesh international cricket team for One day and Twenty20 international matches has announced retirement from T20Is .


• Today (6th April) is International Day of Sport for Development and Peace.


• The 2017 National conference on Communicating India was held in New Delhi.


• The Keibul Lamjao National Park, located in the Loktak Lake in Manipur, India, is known as the only floating national park in the world.


• Renowned playback singer, actor and music director S.P. Bala Subramanyam was today honored with the NTR National Film Award for the year 2012.
Noted Bollywood actress Hema Malini was awarded the same award for the year 2013.


• The Reserve Bank of India (RBI) has appointed Malvika Sinha as Executive Director (ED).


• The Indian football team jumped 31 places to reach the 101st rank, its best in 20 years, in the latest FIFA rankings .


• Kenichi Yokoyama appointed as the new Country Director of India Resident Mission of the Asian Development Bank (ADB).


• Raman Roy, was a chairman and managing director of Quatrro, been appointed as the new Chairman of National Association of Software and Services Companies (NASSCOM) for the year 2017-18.


• The Reserve Bank of India has released the first Bi-monthly Monetary policy of the new financial year (2017-18). GDP growth has hiked to 7.4% from 6.7%. Rates in the newly released Monetary policy are as follows-

Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.25%.

The Reverse Repo Rate (RRR) under the Liquidity Adjustment Facility (LAF) has been hiked to 6% from 5.75%.

The Marginal Standing Facility (MSF) rate and the Bank Rate are at 6.50% decline from 6.75%.

Cash Reserve Ratio (CRR) remains unchanged at 4%

Statutory Liquidity Ratio (SLR) also remains unchanged at 20.50%.


• The Manila-headquartered  Asian Development Bank (ADB) lends a $175 million loan to the Power Grid Corporation of India Ltd.