Babu Ka Current A/c – November 2, 2018

Daily news updates with possible questions from the same.

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Current Affairs 2018
  1. Micro, Small & Medium Enterprises (MSME) ‘Support & Outreach Program’ launched by PM
  • In what time will the loan be sanctioned to MSME under the portal launched by PM? (59 minutes)
  • At what percent has the rebate increased on pre-shipment and post shipment for exporters? (from 3% to 5%)
  • Which entity has set up the portal? (SIDBI)
  • The mandatory sourcing limit by state-run companies from MSMEs has been increased to ____ from the previous 20%? (25%)
  1. Country’s first ever semi-high speed locomotive introduced by Railways
  • The locomotive consists of CVVRS, what is the full form? (Crew voice and video recording system)
  • Which unit of Indian railway rolled out this locomotive? (Chittaranjan Locomotive works)
  1. New MD and CEO appointed by UCO bank
  • Name the person? (Atul Goel)
  • Whom did he succeed? (RK Takkar)
  1. One of the seven directors of IL&FS resigned
  • What is his name? (GN Bajpai)
  • What is the full form of IL&FS? ( Infrastructure Leasing and Financial Services)
  1. IKEA to launch its second store in India
  • It will be launched in which city? (Mumbai)
  • Earlier in August its first store in India was launched in ______. (Hyderabad)
  1. J&K bowler has become the 1st bowler in professional cricket history to take 4 LBW wickets in 4 balls
  • What is his name? (Mohammed Mudhasir)
  1. Cabinet clears MoU between India and South Korea
  • This MoU will strengthen the cooperation in the field of _____? (Tourism)
  1. London based digital design studio acquired by TCS
  • What is the name of the studio? (W12 Studio)
  • Who are the co-founders of the studio? (Michael Albers and Fabian Birgfeld)
  1. New findings of the annual wealth creation study released
  • Who published the findings? (Motilal Oswal)
  • According to the studies who became the hulk of dalal street? (HDFC Bank)
  1. Pakistan PM arrived in China to discuss IMF bailout
  • Who is the PM of Pakistan? (Imran Khan)
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