8th February 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (8th February 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 8th February 2017

International Current Affairs

• Russian President Vladimir Putin has approved an amendment that decriminalizes domestic violence across Russia.
• • Note : One woman dies every 40 minutes from domestic abuse in Russia. 
• Hungary is going to submit proposals to the European Union to protect Europe's borders by automatically detaining all asylum seekers.
• • Hungary had earlier erected a fence on its Serbian border to apprehend all illegal refugees.

National Current Affairs

• The Arunachal Pradesh government today announced that it has implemented 'e-Cabinet', a paperless system to cut down on the time taken to hold a cabinet meeting. 
• • The 'e-Cabinet' system uses a web-based software by which ministers can prepare for cabinet meetings, entirely without paper.
  • The system is a multi-user secure solution that keeps information updated in real time.
• The 3-day Desert Festival of Jaisalmer began today at Sam Sand Dunes. 
• • Organised by the Rajasthan government to promote tourism, the festival will feature camel races and turban tying competitions. 
  • There will be Rajasthani folk song and dance performances, as well as contests aimed at judging the best moustache.
• Elahiganj in Murshidabad district has become the first village in Bengal to ban sale and consumption of alcohol and narcotics. 
• • About 6,000 residents of Elahiganj decided to do so after six people died of hooch consumption in neighbouring district in January. 
  • The village has also decided to impose a fine of ₹2,000 on anyone consuming alcohol or hooch.
• As per regulations, a doctor needs to announce his fees before the treatment and not after it, the government announced today. 
• • The remuneration received by him should only be the amount announced before the treatment, the government further said.
• The Lok Sabha today passed the Payment of Wages (Amendment) Bill, 2017.
• • This bill seeks to enable employers to pay wages to workers through cheque or directly crediting to their accounts. 
  • The bill will replace the Ordinance promulgated in December last year.
  • This new law will help in check exploitation of workers in unorganised sector.
• The swearing-in of AIADMK General Secretary VK Sasikala as the Tamil Nadu Chief Minister did not take place today.
• • O Panneerselvam will continue to serve as the interim Chief Minister until the state's Governor examines the legal implications around Sasikala's appointment.
• Assam government has proposed to link healthcare of the elderly to the pay of its employees to ensure that they look after their parents. 
• • Presenting the budget, state finance minister Himanta Biswa Sarma said every government employee must take care of his or her parents, else the government will deduct a part of the salary and give it to them.

New Appointments

• Jovenel Moise was sworn in as Haiti's President and will serve a five-year term. 
• • Moise won a re-run presidential election last year with 55.6% votes after the first round of elections in October 2015 were scrapped over fraud allegations. 
  • Moise replaces interim president Jocelerme Privert, who was appointed to the post in February 2016.

Banking & Economic Affairs

• In it's 5th Bi-Monthly monetary policy review, the Reserve Bank of India (RBI) kept the Repo rate unchanged at 6.25%.
• • This is the second time in a row that the repo rate has been kept unchanged. 
  • The reverse repo rate also remains unchanged at 5.75%. 
  • The RBI further said that the expected growth is 6.9% for the 2016-17 fiscal.
  • Current RBI Rates :
  • • Repo Rate - 6.25 percent
    • Reverse Repo Rate - 5.75 per cent
    • Marginal Standing Facility (MSF) - 6.75 per cent
    • Bank Rate - 6.75 per cent
    • Cash Reserve Ratio (CRR) - 4.0 per cent 
    • Statutory Liquidity Ratio (SLR) - 20.75 per cent.
• The weekly cash withdrawal limit from savings bank accounts from ATMs or banks will be increased to ₹50,000 from February 20 and there won’t be any withdrawal limit from March 13, the Reserve Bank of India announced today.
• • Note : The weekly withdrawal limit now is ₹24,000.
• Bank of America has opened three completely automated branches in the US which do not employ any human. 
• • At the automated branches, customers can use ATMs and have video conferences with the employees at other branches. 
  • About a fourth of the size of a typical branch, these branches sell mortgages, credit cards and auto loans rather than cashing cheques.

General Knowledge

• The Navapur Railway Station is located in two states, with half of the station being located in Maharashtra and the other half in Gujarat. 
• • A train that halts at the station is also positioned between the two states.

Sports Current Affairs

• Ethiopian runner Genzebe Dibaba broke the women's 2,000-metre world record, running the distance in five minutes, 23.75 seconds, at an indoor arena in Spain.

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