Current Affairs

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1.       The helitaxi – first such service in Bangalore.

Bangluru Airport

A.    When Bengaluru’s first helitaxi service took off, app-based taxi service took on a whole new meaning.
B.    It ferry passengers from Kempegowda International Airport (KIA) to Electronics City in 15 minutes.
C.    By KIA in partnership with Thumby Aviation Pvt Ltd, the service is being offered.
D.  It started in an effort to reduce the time taken to travel to the city from the international airport.
2.       Over cyberspace threat of new malware looms.
A.    A new malware called Saposhi detected by cybersecurity agencies after Mirai and Reaper.
B.    This is capable of taking over electronic devices and turning them into ‘bots’.
C.    It can be then used for any purpose, including a Distributed Denial Of Service attack which, with enough firepower, can cripple entire industries.
D.   “Saposhi is similar in its intensity to Reaper, which was taking over millions of devices at the rate of 10,000 devices per day.
3.       By Tourism Ministry under Swadesh Darshan Scheme over Rs. 5600 crore sanctioned.
A.    Since 2014-15 till date under the Swadesh Darshan Scheme of Ministry of Tourism, a total amount of Rs. 5638.87 crore was sanctioned with release of Rs. 2148.17.
B.    Thirteen thematic circuits have been identified, under the Swadesh Darshan scheme.
C.    Aimed for development namely: North-East India Circuit, Buddhist Circuit, Himalayan Circuit, Coastal Circuit, Krishna Circuit, Desert Circuit, Tribal Circuit, Eco Circuit, Wildlife Circuit, Rural Circuit, Spiritual Circuit, Ramayana Circuit and Heritage Circuit.
4.       2 cr on IOB and 3 cr penalty on Axis Bank slapped by RBI.

Axis Bamk

A.    Penalty on Axis Bank for violation of NPA classification norms.
B.    Penalty on Indian Overseas Bank for not complying with the KYC regulations.
C.    It said Axis Bank didn’t complianced with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms.
D.    The regulator said in a separate release that a “fraud was detected” in one of the branches of the Indian Overseas Bank. 
5.       Bravery award in Barcelona terror attack won by British Indian man.
A.    Harry Athwal, an Indian-origin Birmingham man,  has been selected for this year’s ‘Pride of Birmingham’ award.
B.    He risked his life to help a fatally injured young boy in the last year’s Barcelona terror attack. 
6.       Rapid event at Tal Memorial won by Viswanathan Anand.
A.    At the 11th Tal Memorial chess in Moscow, Viswanathan Anand won the rapid event.
B.    With 6 points the World rapid champion finished the event while Shakhriyar Mamedyarov (with 5 points) came second.
C.    The event is a 10-player single round-robin competition where players have 25 minutes to make all of their moves, and receive a 10-second increment from move 1. 
7.       Bhaker clinched a gold medal while Ravi Kumar bagged a bronze
A.    In the ISSF World Cup in Guadalajara, Mexico, Young Manu Bhaker clinched a gold medal while Ravi Kumar bagged a bronze.
B.    Host country’s Alejandra Zavala, with a 10.8 in the last shot of the 24 shot final, to come out on top with a score of 237.5 beated by Bhaker.
C.    Alejandra Zavala is a two-time World Cup Finals winner.
8.       Saudi Arabia as India’s biggest oil supplier overtaked by Iraq.
A.    By supplying 38.9 million tonnes (MT) crude oil in the current financial year Iraq has overtaken Saudi Arabia to become India’s top crude oil supplier.
B.    It was fifth of the India’s oil needs.
C.    India is 80% dependent on imports to meet its oil needs.
D.    During April-January period of 2017-18 period India had imported 184.4 MT of crude oil as compared to 213.9 MT in the entire 2016-17 fiscal, and 202.8 MT in 2015-16.
E.    In solar dispute case between India, US WTO to set up compliance panel.
F.    To set up panel in solar dispute case the dispute settlement body (DSB) of World Trade Organization (WTO).
G.    To examine whether India has complied with its 2016 ruling in case against US regarding domestic content requirements (DCR) rules for solar cells and modules.
9.       M777 ultra-light howitzers in Pokhran test fired by India-US team.

Ultra-light

A.    777 ultra-light howitzers (ULH) at Pokhran firing range in Rajasthan test-fired by Joint investigation committee (JIC) comprising US and Indian officials.
B.    The team will review results of this test soon.
C.    The test was conducted in the wake of accident during its trial in September 2017. 
10.   In Februrary 2018 services PMI contracts to 47.8.
A.    In February 2018 the Nikkei India Services Business Activity Index contracted at 47.8 compared with 51.7 in January 2018.
B.    A reading above 50 implies an expansion while one below 50 denotes a contraction.
C.    The contraction shows that activity and new work in services sector declined for the first time since November 2017, with rates of contraction the fastest since August 2017. 
11.   As new chief of Scotland Yard’s Counter terrorism unit, appointed Neil Basu.
A.    To be appointed as Counter terrorism Chief Senior Indian-origin Scotland Yard officer Neil Basu became first person of Asian heritage.
B.    He will take charge as Scotland Yard’s National Lead for Counter Terrorism (CT) and Head of Met Police’s Specialist Operations.
C.    He will replace Mark Rowley, Met assistant commissioner.
D.    Mark Rowley has been in charge of counter terrorism unit since June 2014 and had resigned recently.