Current Affairs Daily Digest: October 5-6, 2017

The Current Affairs Daily Digest for October 5-6, 2017 with important tid-bits on current affairs.

Andhra Pradesh signs MoU with Mastercard

Andhra Pradesh government has entered into memorandum of understanding (MoU) with Mastercard to pave way for digital financial transactions in a secure environment. The MoU will help Andhra Pradesh government in adopting and hastening innovations such as digital payments and launch financial inclusion programmes.

Pooja Kadian wins gold medal at Wushu World Championships

India’s Pooja Kadian created history by winning India’s first ever gold medal at Wushu World Championships in Kazan, Russia. In the final Pooja defeated Evgeniya Stepanova. Among other Indian winners, Rameshchandra Singh Moirangthem won bronze medal in men’s Sanda 48 kg category. Bhanu Pratap Singh won another Bronze medal in men’s Sanda 60 kg category. Rajinder Singh also won a bronze medal in the men’s 90 kg category.

Wushu is an exhibition and a full-contact sport derived from traditional Chinese martial arts. It is international sport governed through the International Wushu Federation (IWUF).

First ASEAN India Music Festival held at Purana Qila in New Delhi

The first ever ASEAN-India Music Festival was held at Purana Quila in New Delhi. The 3 day festival was organised by External Affairs Ministry in collaboration with Culture Ministry to celebrate the 25th year anniversary of ASEAN-India Dialogue Relations. The Festival aimed to boost cultural influences among peoples of ASEAN member states and India. It will witness eclectic performances by musicians from ASEAN countries’ bands such as Cherpen, The Ugly Band, Tim De Cotta, Red Bamboo among others.

RBI to allow inter-operability in prepaid payment instruments

Reserve Bank of India is going to allow inter-operability among prepaid payment instruments (PPI) soon. It will enable users to transfer funds from one mobile wallet to another as per the vision for Payment and Settlement Systems in the country. PPIs which include the likes of e-wallets, gift cards and meal coupons are used as substitutes for cash.