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Yak 14Th March 2018 Events - Of Import Daily Electrical Current Affairs

Dear Great Ambitionists, hither are today's (14th March 2018) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 14th March 2018

International Current Affairs
    • The globe observed 'Pi Day' today to celebrate March fourteen (3/14), which coincides alongside Mathematical constant Pi's value (3.14). 
      • Pi denotes the ratio of the circumference to the diameter of a circle inward Mathematics.
    • Today (2nd Wed inward March) is No Smoking Day.
      • This is an annual health awareness twenty-four sixty minutes menstruum intended to assist smokers who desire to quit smoking.
    • Iran has supported Pakistan over the Kashmir outcome by reiterating its back upwards "for the people of Kashmir for their correct to self-determination".
      • Iran's Foreign Minister Mohammad Javad Zarif likewise invited Islamic Republic of Pakistan to participate inward the Chabahar Port Project
      • Note : Republic of Republic of India developed the Chabahar Port to opened upwards a merchandise road to Transitional Islamic State of Afghanistan in addition to fundamental Asia yesteryear bypassing Pakistan.
    • The Saudi Information Ministry today announced that divorced mothers tin at 1 time retain custody of their children
      • This comes equally component subdivision of a serial of social in addition to economical reforms initiated yesteryear Saudi Crown Prince Mohammed bin Salman in 2016.
      • Important Note : Saudi adult woman were before required to petition courts to win custody of children after divorce. 
    • As component subdivision of the 1st leg of his 2 nation see (Mauritius in addition to Madagascar) President Ram Nath Kovind visited Mauritius.
      • During this visit, Kovind inaugurated World Hindi Secretariat edifice in Port Louis, Mauritius. 
      • Important Note : Later he volition see Madagascar, making him 1st Indian President to see largest African isle country.
    National Current Affairs
    • Arunachal Pradesh Assembly has passed Arunachal Pradesh Land Settlement in addition to Records Amendment Bill, 2018.
      • This bill will allow the state's tribal people to bring ownership rights over their dry reason for the foremost time. 
      • The pecker caters to indigenous people, including communities in addition to clans possessing dry reason possession certificates. It volition likewise allow them to work their dry reason equally collateral for loans.
    New Appointments
    • Germany's Parliament today re-elected Angela Merkel as the country's Chancellor for the 4th fourth dimension inward a row, putting an terminate to almost half dozen months of absence of regime inward the country. 
      • Merkel, who has led the dry reason since 2005, is Germany's 8th incumbent leader in addition to could buy the farm its longest-serving Chancellor after successful completion of her quaternary term inward 2022.
    • US President Donald Trump today appointed Gina Haspel as the intelligence way CIA's foremost woman mortal Director after appointing outgoing Director Mike Pompeo equally the Secretary of State. 
    • Bidhya Devi Bhandari was today elected Federal Nepal's foremost President after securing almost two-thirds vote from lawmakers.
      • With this, Bhandari secured her second presidential term defeating Nepali Congress leader Kumari Laxmi Rai inward the elections. 
    Banking, Business & Economic Affairs
    • The Reserve Bank of Insia (RBI) has discontinued the issuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for import merchandise credits. 
      • This comes after Nirav Modi in addition to Mehul Choksi's firms allegedly defrauded PNB of $2 billion yesteryear raising overseas credit using fraudulent LoUs. 
      • What is LoU ?
      • An LoU is an assurance given yesteryear 1 banking concern to some other to come across liabilities on a customer's behalf.
    • The regime has directed all state-run banks to release the names in addition to photographs of wilful loan defaulters in newspapers after getting blessing from their board of directors. 
      • Last week, the regime made passport details mandatory for availing loans worth over ₹50 crore. 
    • Google is going to ban advertisements promoting Cryptocurrencies and related content including initial money offerings, from June this year. 
      • Note : Earlier, social network Facebook also banned advertisements promoting cryptocurrencies.
    • E-commerce major Amazon has launched its 1st-ever debit menu called 'Amazon Rechargeable' inward Mexico
      • Customers who exercise non bring a credit or debit menu volition live on able to convert cash into a payment method inward an slow way through Amazon's debit card, the companionship said.
    • Unique Identification Authority of Republic of Republic of India (UIDAI) has clarified that Aadhaar is nonetheless necessary for opening new banking concern accounts or applying for Tatkal passports
      • Note : The Supreme Court yesterday had shifted the deadline for linking it to existing banking concern accounts in addition to PAN card, amid others. 
    • Union Minister CR Chaudhary today revealed that the Foreign Direct Investment (FDI) of $209 billion has been received during April 2014 to December 2017 period. 
      • The sectors that received maximum inflows include services, computer software and hardware, construction, telecom, automobile, and trading
      • He farther revealed that functional Export Oriented Units bring reduced to 2,197 from 2,239 inward 2016-17.
    MOUs & Agreements
    • The Telangana government today signed a Memorandum of Understanding (MoU) alongside a Tamil Nadu-based theater for setting upwards a ₹100-crore clothe superhub in the state. 
      • With this project, only about 15,000 people volition larn employment, out of which only about 90% volition live on women.
      • The hub volition live on developed on 20 acres inward Sircilla.
    Deaths
    • Renowned British theoretical physicist in addition to cosmologist Stephen Hawking (76) has passed away.
      • He was known for his theory on dark holes, the boundless universe, in addition to authoring a bestselling mass titled 'A Brief History of Time'.
      • He was paralysed alongside Motor Neurone Disease at the historic menstruum of 21 in addition to doctors expected him to alive for alone ii to a greater extent than years.
    • Bollywood Actor Narendra Jha (55), known for appearing inward films similar 'Raees' in addition to 'Haider', passed away.
      • He likewise appeared on tv shows similar 'Shanti' in addition to 'Itihaas'. 
    • Former Nazi SS guard Oskar Gröning (96) famously known equally the 'Bookkeeper of Auschwitz' passed away, before starting fourth dimension his prison theater sentence. 
      • He was constitute guilty of beingness an accessory to the murders of three lakh Jews at the Auschwitz expiry campsite during WWII. 
    Awards & Honors
    • The Indian Council of Medical Research (ICMR) was awarded 2017 Kochon Prize for edifice tradition of excellence inward Tuberculosis (TB) query in addition to development
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