Daily Current Affairs Updates: 2 March 2014

Daily Current Affairs Updates: 2 March 2014

1) Cabinet okays inclusion of jats in OBC list: The Cabinet on Sunday approved the inclusion of jats in the central list of OBCs that defines the eligibility for 27% Mandal reservations. Jats can now avail reservation in central jobs and educational institutions, a decision taken by possibly the last Cabinet meeting of UPA-2 in what is a desperate Congress gambit to woo the community ahead of elections.

2) South Africa won maiden ICC U19 Cricket World Cup title: South Africa won its maiden ICC U19 Cricket World Cup title when it defeated two-time former champion Pakistan by six wickets at the Dubai International Cricket Stadium on Saturday. Fast bowler Corbin Bosch saved his best performance in the tournament for the title match when he claimed four for 15, and wicketkeeper Clyde Fortuin collected six catches behind the wickets as Pakistan was bundled out for 131 in 44.3 overs after electing to bat first.

>> South Africa captain Aiden Markram was declared player of the tournament for scoring 370 runs in the tournament, which saw him strike two centuries and one half-century.

3) Pakistan defeated India in Asia Cup match: India paid the price for costly blunders at crucial junctures to suffer a nerve-wracking one-wicket defeat at the hands of arch-rivals Pakistan, who rode on Shahid Afridi's brilliant cameo to virtually assure themselves a berth in the final of the Asia Cup on Sunday. In a tense encounter where fortunes fluctuating from one team to other till very end saw Afridi the turn the game decisively in Pakistan's favour by hitting successive sixes in Ravichandran Ashwin's last over to overhaul India's modest total of 245.

4) Manchester City won Capital One Cup final at Wembley: Manuel Pellegrini won his first trophy as Manchester City manager as his side came from behind to beat Sunderland 3—1 at Wembley in final of Capital One Cup  on Sunday. Fabio Borini put Sunderland ahead after 10 minutes and for the rest of the first half it seemed a major upset was possible. But Yaya Toure stroked in a brilliant 25—yarder to level nine minutes after half—time and three minutes later Samir Nasri fired in with the outside of his right foot from just inside the box.

5) New Pakistan High Commissioner arrived in India: Pakistan High Commissioner-designate Abdul Basit arrived in India on Sunday at a time of a pause in India-Pakistan relations. A career diplomat like his predecessor Salman Bashir, Mr. Basit was Pakistan’s Ambassador to Germany and nominated for this post instead of the earlier choice Syed Ibne Abbas.

6) Nishi Vasudeva takes over as Hindustan Petroleum Corp Ltd chief: Nishi Vasudeva on 1 March 2014 became the first woman to head a blue-chip PSU when she took over as the Chairman and Managing Director of Hindustan Petroleum Corp Ltd (HPCL). Vasudeva, who turns 58 this month, was Director (Marketing) in HPCL before replacing Subir Roy Choudhury as the head of the company. Choudhury retired on 28 Feb 2014 on attaining the superannuation age of 60 years.

7)  Roger Federer won Dubai tennis championship: Roger Federer won singles title of the Dubai Duty Free Tennis Championship by defeating Tomas Berdych 3-6, 6-4,6-3 in the final.

8) Finance ministry allows EPFO to become stock exchange member: The finance ministry has allowed retirement fund body Employees’ Provident Fund Organisation (EPFO) to become a member of a stock exchange although its trustees oppose parking even a part of its over Rs5 lakh crore corpus in equities. The department of economic affairs has issued anotification under the Securities Contracts (Regulation) Rules Act 1957, permitting the EPFO to become a member of a recognised stock exchange, according to a release.

Courtesy : http://www.currentaffairs4examz.com/