Current Affairs 4th March 2017

Current Affairs 4th March 2017- Important Points

• Former IFS and MP Syed Shahabuddin passed away on - 4th March 2017
• World Hearing Day observed on - 3rd March 2017
• Penalty revision by private banks after 4 free transactions - Rs 150
• Best University award 2017 goes to - Jawaharlal Nehru
• Humanitarian of the Year award 2017 awarded to  singer - Rihanna by Harvard University

Current Affairs 4th March 2017- Details

Former IFS and MP Syed Shahabuddin passed away on - 4th March 2017

Former Indian Foreign Service (IFS) officer and Member of Parliament (MP) Syed Shahabuddin passed away because of prolonged illness at a hospital in Delhi NCR on 4th March 2017. He was 82 at the time of his death.

Interesting Highlights

•  Shahabuddin was the former President of All India Muslim Majlis Mushawarat.
•  Shahabuddin worked as a diplomat for the Indian Foreign Services. 
•  He later became a politician and served three terms from 1979-1996 as a Member of Parliament of India.
•  He edited and published a monthly journal Muslim India in 1983, a journal of research and documentation that no research scholar working on Indian Muslims can afford to ignore. 

World Hearing Day observed on - 3rd March 2017

The World Hearing Day 2017 was observed globally with the theme 'Action for hearing loss: make a sound investment' on 3rd March 2017. It aims to raise the awareness and promote ear and hearing care all over the world. 

Key Points

• Hearing loss poses a high cost for the economy globally and has a significant impact on the affected lives. 
• Hearing loss and its consequences can be prevented through prevention, screening for early identification, rehabilitation through hearing devices, captioning and sign language education. 
• Most of the hearing loss can be avoided through prevention. 

Penalty revision by private banks after 4 free transactions - Rs 150

ICICI, Axis and HDFC banks, have decided to charge minimum Rs 150 on cash withdrawals and deposit at bank branches after four free transactions.

• The basic intention to impose charges is to discourage cash transactions and promoting the digital payment drive.
• HDFC Bank says that the bank would also cap the third party cash transactions to Rs 25000 daily.
• In Axis Bank, the first five transactions or Rs 10 lakhs of cash deposits or withdrawals would be free and charged at Rs5/1000 rupees or Rs 150, whichever is higher.

Do you know?

Three transactions are free for cash withdrawals from ATMS of other banks.

Best University award 2017 goes to - Jawaharlal Nehru

Jawaharlal Nehru University has been awarded with Visitor's Award for the best University by Pranab Mukherjee , president of India on 2nd March 2017. The visitor's award for 'Research' was won by Dr. Shyam Sunder from Banaras Hindu University and professor Niranjan Karak from Tezpur University.

Facts to know

• Jawaharlal Nehru University is a public central university in New Delhi.
•  It was established in the year 1969 by an Act of parliament. G. Parthsarthi. He was the first vice-chancellor of the university.
•  It is best known for leading faculties and research emphasis on liberal arts and applied science.

Humanitarian of the Year award 2017 awarded to  singer - Rihanna by Harvard University

Singer Robyn Rihanna Fenty awarded with the 2017 Peter J Gomes Humanitarian of the Year Award of the Harvard University 28th February 2017. She was awarded for her charity work of building a state-of-the-art centre of oncology and nuclear medicine to diagnose and treat breast cancer at the Queen Elizabeth Hospital in Bridgetown, Barbados.

About Rihanna-

• Born in Barbados, Rihanna is a song writer and an actress.
• She has sold more than 200 million records and won eight grammy awards.
• She founded Clara Lionel Foundation Global Scholarship Program , named after her grandparents, for students attending college in the US from Caribbean countries in 2012.