Current Affairs - 3rd March 2014

Vietnam bans virtual currency

Vietnam’s central bank banned transaction in bitcoins and has also warned the citizens to not use such currency citing fears of investment risks especially after a major bitcoin bank filed for bankruptcy.

List of world’s richest people

China based Huron’s 2014 global rich list was released yesterday in which Bill Gates is the richest person of the world. India’s richest person Mukesh Ambani had 41st place in the list whereas Lakshmi Mittal ranked at 49th. The report also said that 5 largest group of billionaires in the world is in India and claimed that India has total 70 billionaires.

Venom GT becomes world’s largest car

The US car manufacturer Hennessey developed the world’s fastest car- Venom GT with a speed of 435km/hr. Venom GT beat the previous best record of 431km/hr set by Bugatti Veyron Super Sport.

Jats to get OBC reservation

The union govt. cleared the proposal for reservation of Jat community under the 27% allotted for Other Backward Classes. This move will help the Jat community to gain reservation in central and state govt. jobs. The rebellion for including jats in the the backward class group has been going for a very long time.