Daily Current Affairs 24 February 2018

Daily Current Affairs 24 February 2018: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 24 February 2018. It includes all Major National, International, Business and Sports related current affairs of 24 February 2018. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 24 February 2018 Current affairs test.

National News

1. PM Modi launches ‘Amma Scooter scheme’

The scheme was launched on the occasion of late CM Jayalalithaa’s 70th birth anniversary.
Women with an annual income of less than Rs.2.5 lakh can avail 25% subsidy or Rs.25,000 on the purchase of a two-wheeler.

2. Man builds toilets out of Thermocol in Maharashtra

Ramdas Mane builds toilets out of Thermocol with cement coating in 2 hrs.
Mane’s company has built over 22,000 toilets all over India.

3. Shouldn’t kill innovation for privacy : Minister

Union Minister Ravi Shankar Prasad said innovation should be killed in the name of privacy.
He said the govt is ensuring that no one is excluded from welfare schemes for lack of Aadhaar.

International News

1. 23 killed in multiple attacks in Afghanistan

A Taliban attack on a military base in Farah province killed 18 soldiers.
Separate attacks in Helmand province claimed the lives of two soldiers.

2. US stops calling itself a ‘nation of immigrants’

The US Citizenship and Immigration Services has dropped the phrase ‘nation of immigrants’ from its mission statement.
The move is being criticised as a reflection of President Donald Trump’s policies against the entry of immigrants into the US.

3. US announces ‘largest-ever’ sanctions against N Korea

The sanctions will target more than 50 vessels, shipping companies and trade businesses assisting N Korea in evading sanctions.
The US has been imposing sanctions to put pressure on N Korea over its nuclear and ballistic missile programme.

Business News

1. BMW recalls 11,700 cars after installing wrong software

BMW discovered that an update was mistakenly assigned to certain unsuitable model versions.
However, the software was correctly developed, BMW mentioned.

2. RBI Guv must resign over PNB fraud : Bank employees’ union

AIBEA has said the RBI Governor Urjit Patel should take up moral responsibility for PNB fraud and resign from his post.
It added this indicates the failure of RBI in non-monitoring the account of PNB’s fraud hit Mumbai branch.

3. Dropbox files for IPO of up to $500 mn

Dropbox revealed it incurred net losses of $111.7 mn in 2017 from $210.2 mn in 2016.
Dropbox was founded by MIT alumni Arash Ferdowsi and Drew Houston.

Sports News
1. India presented with ICC Test mace for 2nd successive year