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Friday, November 2, 2018

DAILY CURRENT AFFAIRS: 29 OCT 2018


DAILY CURRENT AFFAIRS: 29 OCT 2018
(DAILY NEWS INDIA)
                                  SHARED BY: WWW.DAILYGK.IN

1.      RBI TO INJECT RS 40,000 CR INTO BANKING SYSTEM VIA OMO IN NOVEMBER 2018
i. Reserve Bank of India decided to inject Rs 40,000 crore in the banking system on November 2018.
ii. This will done through purchase of government securities under open market operations for an aggregate amount of Rs. 400 billion in the month of November 2018.
iii. This will help ease cash shortage in the system and stabilise debt market rates.
iv. Recently in October , RBI had announced to conduct Rs 36,000 crore worth of OMO purchase.

2.      MICROSOFT OVERTOOK AMAZON AS WORLD’S 2ND MOST VALUABLE COMPANY
i. Microsoft overtook Amazon and regained its spot as the world’s second most valuable company after Apple Inc.
ii. Microsoft has a m-cap of $823 billion whereas, Amazon.com has a worth of $805 billion.
Apple Inc tops the list at over $1 trillion

3.      SIMONA HALEP BECOMES FIRST RECIPIENT OF CHRIS EVERT WTA WORLD NO.1 TROPHY
i. world number one Simona Halep has become the first recipient of the Chris Evert Women’s Tennis Association World No.1 Trophy.
ii. The Chris Evert WTA World No.1 Trophy has been named after WTA’s first-ever world number one Chris Evert.
iii. She was also the first player to hold the distinction of WTA Year-End World No.1.


4.      BELGIUM OCCUPIES TOP SPOT IN FIFA RANKINGS, INDIA STAYS AT 97
i. Belgium and France were tied at the top spot in September 2018.
ii. India remains at 97th place.

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