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07 March 2018 Current Affairs

07 March 2018 Current Affairs
European Development Bank approves India’s Membership
India is all set to become the 69th member of the European Bank for Reconstruction and Development (EBRD) after shareholders of the international financial institution gave their nod to the country’s candidature. The formal membership process will now get underway, which includes the purchase of shares by India at an estimated cost of around 1 million euros. The EBRD’s Board of Governors, which represents all the existing shareholders of the UK-based bank, voted in favor of India’s membership application.

Neiphiu Rio appointed Nagaland CM
Nagaland Governor PB Acharya has appointed Neiphiu Rio as the new Chief Minister of the state. Mr Rio will replace TR Zeliang. The Governor has received letters of support in favour of Rio from MLAs of BJP, JD (U) and an Independent besides NDPP legislators. Mr Rio will take the oath of his duties shortly. The Governor has also requested Mr Rio to prove his majority on the floor of the House on or before 16th of March.

Sharp decline in child marriages in India: UNICEF
The United Nations children’s agency (UNICEF) stated that India has seen a sharp decline in child marriages over the last ten years with only 27 percent of girls getting married before 18 years in comparison to 47 per cent a decade back. The decline in numbers in India has contributed significantly to a global decline in child marriages.

Forbes Billionaires List 2018: Amazon’s Bezos Richest, Mukesh Ambani ranked 19
With a fortune worth $110 billion, Amazon founder Jeff Bezos is the world’s richest man and tops a 2018 Forbes Magazine list of billionaires. According to the Forbes, Bezos is the first person to top $100 billion as number one on the Forbes list of the World’s Billionaires. Microsoft founder Bill Gates is second ($90 billion), investment guru Warren Buffet third ($84 billion), Bernard Arnault and family fourth ($72 billion), and Facebook founder-CEO Mark Zuckerberg fifth ($71 billion). Indian industry titan Mukesh Ambani, the chairman of Reliance Industries Limited, is 19th on the list. He’s valued at $40.1 billion.
Chandragiri becomes first ‘all women’ station in Andhra Pradesh
The South Central Railway (SCR) management has named the Chandragiri station in Guntakal Division, near Tirupati as the first ‘all-women railway station’ in Andhra Pradesh. The transition process was done by deploying women staff to handle all the day to day activities including train operations, ticketing, security and other relevant duties.


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