Daily Current Affairs 5 May 2018

Daily Current Affairs 5 May 2018: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 5 May 2018. It includes all Major National, International, Business and Sports related current affairs of 5 May 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 5 May 2018 Current affairs test.

National News

1. Rahul Ghandhi promises to waive off farm loans

He said that the farm loans will be waived off if Congress comes to power.
He mentioned this at a campaign in Karnataka.

2. Internet suspended in Aligarh

This comes amid protests over the display of Jinnah’s portrait at Aligarh Muslim University.
40 students were injured in the clashes.

3. Karnataka students to get extra marks if parents vote

Marks will be awarded if parents vote in upcoming Assembly elections.
They can show the indelible ink mark to the school authorities.

4. Govt issues thunderstorm warning

The warning is issued to West Bengal, Odisha, Bihar and Uttar Pradesh.
This comes after 124 people died in dust storms.

International News

1. Japan’s child population falls again

The number of children aged under 14 fell to 1.5 cr.
The ratio of children to Japan’s overall population dropped to 12.3%.

2. US ends immigration status for Hondurans

The Temporary Protected Status for 57,000 Hondurans ends .
The status is provided since 1999 after Hurricane Mitch.

3. N Korea resets clock by 30 mins

N Korea went forward by 30 mins to unify with S Korea.
They had different time zones since 2015.

Business News

1. Alibaba posts 47% rise in net profit

Alibaba has posted 47% rise in net profit at $10.2 bn.
The e-commerce giant also posted an annual free cash flow of $15.8 bn.

2. California becomes 5th largest economy

California is behind US, China, Japan and Germany with GDP of $2.7 tn.
UK and India are next on the list.

3. GST approves single monthly return

GST accepts this for businesses to increase compliance.
It is applicable for all businesses except the ones opting for composition scheme.

4. Amul sample tested sub-standard

The milk samples resulted to be sub-standard in a test conducted by Delhi govt.
The samples didn’t have prescribed levels of components.

Sports News
1. Rohit Sharma 1st Indian to smash 300 sixes

Chris Gayle has slammed highest with 844 sixes in T20 league.
Rohit is followed by Raina(290) and Dhoni(260).

2. N Korea, S Korea play as single team

The teams fielded a joint women’s team for semis against Japan at 2018 World Table Tennis Championships.
They did not want to face each other amidst inter-Korean reconciliation.

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