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.