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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