February 5 Current Affairs 2018
February 5 Current Affairs 2018 (TNPSC, SSC, BANK, UPSC, RAILWAY) Visit Us - https:// examsdaily.in Face book - ExamsDaily February 5Current Affairs 1. Oil prices sink 1% amid global market plunge, U.S. output spree Brent crude futures were at $66.95 per barrel at 0148 GMT, down 67 cents, or 1%, from the previous close and more than $4 below their high point for 2018, hit last month. U.S. West Texas Intermediate (WTI) crude futures were at $63.48 a barrel. That was down 67 cents, or 1%, from their last settlement, and more than $3 off their 2018 high. TAKEAWAYS 1. Oil India - Natural gas liquids company 2. Headquarters - Noida 2. Maldives President declares emergency, former leader arrested The Maldives government declared a state of emergency for 15 days, before heavily armed troops stormed the country's apex court and a former President was arrested amid a spiralling political crisis that followed a surprise Supreme Court ruling last week. In an announcement, President Abdulla Yameen‟s office said: “During this time, though certain rights will be restricted, general movements, services and businesses will not be affected.” TAKEAWAYS 1. Official languages - Maldivian (Dhivehi) 2. Currency - Maldivian rufiyaa 3. Bitcoin PoS maker eyes India entry The Jakarta-based Pundi X is planning to bring cryptocurrency Point of Sale (POS) devices into India. This is significant given that the government, in its Budget last week, had made it clear that cryptocurrencies were not legal tender in India. Jakarta‟s Pundi X plans global roll-out of 1 lakh devices; „India accounts for 10% of bitcoin trade volume‟“We respect the sovereignty of the local currency,” Zac Cheah, CEO of Pundi X told “We have developed a platform based on blockchain technology to facilitate secure transactions.” TAKEAWAYS 1.
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