Current Affairs 5th March 2016 - Banking, SSC, UPSC Affairs

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President Pranab Mukherjee on March 5 inaugurate a national conference on 'Women Legislators: Building Resurgent India' in New Delhi.The conference will have three more sessions - contributing to social development, contributing to economic development, and contributing to better governance and legislation. The conference will equip women legislators with latest knowledge in relevant areas and motivate and guide them in their twin roles as legislators and as agents of socio-economic progress. The conference is likely to be attended by more than 300 women members of Parliament and state legislatures and legislative councils, union ministers and chief ministers.

Natarajan Chandrasekaran, the chief executive officer and managing director of Tata Consultancy Services (TCS) and two others has been appointed as non-official director to the board of Reserve Bank of India (RBI).Other additions include former Gujarat chief secretary Sudhir Mankad and Mahindra & Mahindra non-executive chairman Bharat Narotam Doshi All three of them will have a tenure of four years . The Reserve Bank's affairs are governed by a central board of directors which is appointed by the Indian government. Besides the RBI Governor, there cannot be more than four Deputy Governors as full-time official directors of the central bank. There can however be ten non-official directors from various fields and two government officials.

Chapchar Kut, the most important traditional festival of the Mizos was today celebrated across Mizoram and also in the Mizo-inhabited areas in the neighbouring states.Dressed in traditional attire, exuberant dancers danced to the tune of typical music and songs while popular Mizo dances including Cheraw, Sarlamkai, Chheihlam and Khuallam were performed by different cultural troupes. Well-known singers and pop groups also performed in different places where the Kut was celebrated including the Assam Rifles ground in Aizawl, the main place of the Kut celebrations. In Aizawl, state state home minister R Lalzirliana was the 'Kut pa' or father of the festival, while state Art and Culture minister R Romawia was the 'Kut thlengtu' or host of the festival.The Chapchar Kut was organised jointly by the state art and culture department and the Young Mizo Association.

Flint, Michigan of United States was in news on 3 March 2016. It was in news because, a group of human rights experts of United Nations urged the country to protect the rights of children and others who are most at risk of lead-contaminated water.Flint is a place wherein majority of the population is predominantly African-American, and many residents live below the poverty line. This has drawn international attention to the toxic threats faced by childrenThe minorities across the US comprise nearly half the population living near potential sources of toxic emissions, the experts said that some 1.6 million children under the age of five live in hazardous areas where their bodies are particularly vulnerable to adverse health impacts of toxic chemical exposureNearly twice as many African-American children across the country have high levels of lead in their blood as compared with white children, 5.6 percent versus 2.4 per cent, respectively.US President Barack Obama for declaring a Federal state of emergency to accelerate the distribution of bottled water and filters in Flint.

Sunil Sabharwal has become the first Indian-American to occupy a key administration post at the IMF, three weeks after he was confirmed by the Senate .Mr Sabharwal, who was confirmed by the US Senate after a long waiting, assumed the position as Alternate Executive Director of the International Monetary Fund .Given that the US commends more than 16.81 per cent of the total IMF voting share; this is one of the most powerful position in the International Monetary Fund.Mr Sabharwal served as board chairman of Ogone, a European e-commerce payment services firm, from 2011-13 .He was senior vice president, strategic investments, at First Data Corp/Western Union and from 1997-2003, held executive posts at GE Capital, including managing director.From 1992-96 Mr Sabharwal worked at the European Bank for Reconstruction and Development, lastly as principal banker.

Hockey India national-level umpire Nepoleon Singh has been promoted to the International Outdoor Umpire by the International Hockey Federation (FIH). The FIH took the decision yesterday after seeing his performance in the recently-concluded 12th South Asian Games 2016, held at Guwahati from February 5 to 16. His first major break  through was his appointment as umpire in the eighth Junior Men Asia Cup, held at Kuantan,Malaysia in 2015. Based on this performance he was appointed to 12th South Asian Games in 2016. The 30 year-old Nepoleon was a national level hockey player and completed a diploma in Sports Coaching from the National Institute of Sports, Patiala in 2011. He is presently working as a coach at Kokrajhar, Assam. 

Regular low doses of aspirin for at least six years has been linked to a modestly-reduced overall risk for gastrointestinal tract cancers, especially colorectal cancers, according to JAMA Researchers looked at the association of aspirin with cancer among 135,965 women and men enrolled in two large U.S. studies of health care professionals They found 20,414 cancers among 88,084 women and 7,571 cancers among 47,881 men during a 32-year follow-up.Regular use of aspirin two times or more per week was associated with a 3 percent lower risk for overall cancers, which was mostly due to a 15 percent lower risk for gastrointestinal tract cancers and a 19 percent lower risk for cancers of the colon and rectum, according to the resultsHowever, regular use of aspirin was not associated with a lower risk for other major cancers, such as breast, prostate or lung, the authors report.

A 75-seater solar-powered passenger ferry, the first of its kind in the country, is quietly taking shape at Aroor in Alappuzha district . The boat is expected to be commissioned within the next three months.The boat is being built by NavAlt, a Kochi-based joint venture, in collaboration with a French company. “Construction of the hull has been completed and the superstructure is being worked on now. The battery and motor console, which have undergone testing, are to be flown in from France”, said Sandith Thandasherry, a marine architect who heads the enterprise. The 20 metre long, 7 metre wide boat, with a maximum cruising speed of 7.5 knots, is to be deployed in the backwaters of Alappuzha by the Kerala State Water Transport Department (KSWTD).The Rs.1.7-crore boat will make no noise or cause any pollution, unlike the diesel powered ones. It may work out to be a cheaper option too. An ordinary boat, made of steel and with a carrying capacity of 75 passengers, may cost around Rs.1.9 crore.

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