Important Current Affairs 7th March 2017 with Free PDF

Important Current Affairs 7th March 2017 with Free PDF

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We bring you Important Current Affairs 7th March 2017 with Free PDF in English and Hindi, which will update you with latest headlines, news from various domains i.e: National News, Sports, Business, Awards & Recognitions. It will help you in preparation of competitive exams like: SSC, SBI, IBPS PO, Clerk, Railways & Various other Entrance examinations.

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GLOBAL NEWS

 Donald Trump Signs Revised Executive Order on Travel Ban

President Donald Trump signed a revised executive order on Monday banning citizens from six Muslim-majority nations from traveling to the United States but removing Iraq from the list, after his controversial first attempt was blocked in the courts.
●    The new order, which takes effect on March 16, keeps a 90-day ban on travel to the United States by citizens of Iran, Libya, Syria, Somalia, Sudan and Yemen. 
●    It applies only to new visa applicants, meaning some 60,000 people whose visas were revoked under the previous order will now be permitted to enter.
●    Immigration advocates said the new ban still discriminated against Muslims and failed to address some of their concerns with the previous order. 
●    Legal experts said it would, however, be harder to challenge because it affects fewer people living in the United States and allows more exemptions to protect them.
●    Trump, who first proposed a temporary travel ban on Muslims during his presidential campaign last year, had said his original Jan. 27 executive order was a national security measure meant to head off attacks by Islamist militants.
●    It sparked chaos and protests at airports, where visa holders were detained and later deported back to their home countries.

NATIONAL NEWS

Over 30% of India's Youth Not in Employment, Education : OECD Report

India’s economy may be growing more than twice as fast as the rest of the world but the story on the jobs creation front is just the opposite. 
●    India’s economy will grow at 7% in the current fiscal year, according to the Organisation of Economic Cooperation and Development.
●    But India’s rate of employment has declined and job creation has not kept up with the growing working-age population.
●    Over 30% of youth aged 15-29 in India are not in employment, education or training (NEETs). This is more than double the OECD average and almost three times that of China.
●    According to the OECD, youth inactivity presents the share of young people (age 15-29) not in employment, education or training (NEET) as a percentage of the total number of young people in the corresponding age group.
●    The current government is making efforts to correct the situation. 
●    It has reduced administrative requirements for complying with existing labour laws and increased transparency in routine interaction between firms and administrations, thereby making the labour regulations friendlier for job creation. 
●    More needs to be done to streamline labour laws and states have a role to play too, said Joumard.

GLOBAL NEWS

China Overtakes Eurozone as World's Largest Banking System

China’s banking system has surpassed that of the eurozone to become the world’s largest by assets, a sign both of the country’s increased influence in world finance and its reliance on debt to drive growth since the global financial crisis. 
●    While China’s gross domestic product surpassed the EU’s economic bloc in 2011 at market exchange rates, its banking system did not take over the top spot until the end of 2016, Financial Times analysis shows.  
●    The lag reflects Beijing’s increased “financial deepening” — the term for the growth of a country’s financial system relative to gross domestic product. 
●    This has been fuelled by an extraordinary increase in bank lending since 2008, when the government unleashed aggressive monetary and fiscal stimulus to buffer the impact of the global crisis. 
●    Chinese bank assets hit $33tn at the end of 2016, versus $31tn for the eurozone, $16tn for the US and $7tn for Japan. 
●    The value of China’s banking system is more than 3.1 times the size of the country’s annual economic output, compared with 2.8 times for the Eurozone and its banks.

NATIONAL NEWS

Noida Gets Baxi - First Bike Taxi Service

Following the approval of the regional transport authority, Noida is all set to get its first bike taxi service after the state assembly election results are declared on March 11. 
●    The bike taxi service is being introduced by Baxi, an operator that already runs its service in Gurgaon.
●    Initially, 10 bikes will be stationed at the Noida City Centre Metro station subsequently, the number of bikes across the city will be increased.
●    The operator has already registered one bike with the transport authority. 
●    Officials said that the bike taxi service will boost last-mile connectivity to offices, schools, colleges and residential areas from the city’s metro stations and bus stops.
●    A trip from Noida City Centre, up to 3 kilometres, would cost around Rs25 on these bikes. 
●    The fare meters would work on time and distance.

GLOBAL NEWS

Zimbabwe Bans Corporal Punishment for Children

Children across Zimbabwe won new rights Thursday, March 2nd, when the High Court handed down a ruling outlawing corporal punishment against minors, both at home and in school.
●    If upheld by the country's constitutional court, the ruling will change the way Zimbabwe's parents have dealt with their children for centuries.
●    Some parents have criticized the ruling, arguing it impedes their rights as parents. Many rights groups have celebrated the corporal punishment ban as a victory for Zimbabwe's constitution.
●    The case was originally brought by Ms. Linah Pfungwa, on behalf of her 6-year-old daughter, with support from the Justice for Children's Trust, a non-governmental organization providing free legal services to minors in civil and criminal cases.
●    The case was won on the argument that corporal punishment and violence of any kind subjected to children breaches the child's rights under Zimbabwe's constitution.

RANKINGS & REPORTS

IISc First Indian University to be Ranked Among Top 10 in the World

For the first time, an Indian educational institute has broken into the top 10 of a global university rankings. 
●    On Tuesday, the Times Higher Education revealed that India is home to one of the world's best small universities, as it made public the 2017 edition of the rankings. 
●    Indian Institute of Science, Bangalore, has been ranked eighth at the 'THE's Best Small Universities in the World 2017'. 
●    India's overall show in the ranking took a hit this year, as there were two institutions in the top 20 last year, though none were in top 10. 
●    Small universities are those with fewer than 5,000 students.
●    IISc, a public university for scientific research and higher education, was established in 1909 with active support from Jamsetji Tata and Sir Krishnaraja Wodeyar IV, the Maharaja of Mysore. 
●    In 2015-16 it became the first Indian institute to be ranked among the top 100 in THE World University Rankings for engineering and technology at 99th position.

NATIONAL NEWS

Shri Venkaiah Naidu to inaugurate the 3 day International Yoga Fest tomorrow

A three days International Yoga Fest from 8th-10th March 2017 will be held at Talkatora Indoor Stadium, New Delhi. 
●    The International Yoga Fest is being organized as  a Curtain Raiser for International Day of Yoga (IDY) 2017.
●    Speaking to media persons at a  press briefing, Director  Morarji Desai  National Institute of Yoga (MDNIY) Dr. Ishwar V. Basavaraddi said that  the Minister of Information and Broadcasting and  Urban Development  and Housing, Shri. M. Venkaiah Naidu will inaugurate the International Yoga Fest (IYF) tomorrow and Minister of State (Independent Charge) for AYUSH, Shri Shripad Yesso Naik, will preside over the function. 
●    Secretary AYUSH  Sh. Ajit M. Sharan, Yog Rishi Swami Ramdev, Dr. H.R. Nagendra, Swami  Chidananda Saraswati, Sh. O.P. Tiwari, Smt. Hamsa Jayadeva,  Swami Bharat Bhushan,  Swami Ritawan Bharati, Sister BK Asha, Sh. S.Sridharan, Swami Darshak, Swami Ullasa will be the Guests of Honor.   
●    Shri  Basavaraddi  further said that the main purpose of the Fest is to sensitize the masses regarding celebration of International Day of Yoga held every year.

NATIONAL NEWS

Sports Minister Vijay Goel to inaugurate “Women and Sports in India” Conference on 8th March 2017 in New Delhi 

On the occasion of the International Women Day, the Ministry of Youth Affairs and Sports is organizing a conference on 'Women and Sports in India on 8th March 2017. 
●    The daylong conference will deliberate upon various issues for encouraging more and more women to take up sports.
●    The conference will be inaugurated by the Minister of state (I/C) for Youth Affairs and Sports Shri Vijay Goel and several top women sports personalities are expected to participate in the discussions.
●    The objective of this conference is to discuss various issues that women athletes or coaches face in the field of sports and to further improve upon them. 
●    Among other issues,  the discussion will focus on the following :
●    Creation of safe spaces for girls athletes and women coaches
●    Zero tolerance towards sexual harassment in sports complex
●    Inclusion of gender sensitization modules in coach training modules
●    Women representation in sports institutions, federations and other sports bodies
●    Gender parity in terms of support to women athletes

Our Important Current Affairs 7th March 2017 with FREE PDF in Hindi and English which will help you in scoring good marks in Banking, Government and various other competitive exams. The FREE PDF will enable you to quickly revise through important GK sections.