Current Affairs 4th November 2018

NATIONAL

An MoU for collaboration in LPG services was signed between Oil Marketing Companies (IOCL, HPCL & BPCL) and CSC e-Governance Services India Limited in presence of Ravi Shankar Prasad, Minister of Law & Justice and Electronics & Information Technology (MeitY) and Shri Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development &Entrepreneurship.
The Ministry of Railways launched the ‘Unreserved Mobile Ticketing’ facility (UTS on Mobile) to enable seamless booking of unreserved tickets all over Indian Railways, wiping out the need for passengers to wait in queues for purchasing the tickets.
The Indian Institute of Technology Madras has designed and booted up ‘Shakti’, which can be used for wireless and networking systems, as well as mobile computing. ‘Shakti’ is India’s first and indigenous microprocessor. Bluespec, an open-source high-level synthesis language was used in making the chips
The Internet and Mobile Association of India (IAMAI) has formed a new industry expert committee to develop and promote an augmented reality/virtual reality (AR/VR) ecosystem in India.
The Maharashtra Cabinet has approved the conversion of decommissioned carrier INS Viraat into a floating museum. As per primary estimates, the project worth 852 crore rupees will be implemented through public-private-partnership (PPP).
Armies of India and Japan began their first-ever joint military exercise ‘Dharma Guardian- 2018’ at a jungle warfare school in Mizoram’s Vairengte with a focus on strengthening counter-terror cooperation.
Prime Minister Narendra Modi launched a historic support and outreach programme for the Micro, Small and Medium Enterprises (MSME) sector. As part of this programme, the Prime Minister unveiled12 key initiatives which will help the growth, expansion and facilitation of MSMEs across the country.

INTERNATIONAL

Joint Secretary (Films), Ministry of I&B Shri Ashok Kumar Parmar inaugurated the India Pavilion at Videocittà, 2018 in Rome Film Festival.
The First WHO Global Conference on Air Pollution and Health took place at WHO headquarters in Geneva, Switzerland.

BANKING & ECONOMY

The Kirloskar group had announced that it has received licence from the Reserve Bank to launch a non-banking finance company (NBFC), Kirloskar Capital, which will be headed by industry veteran Vimal Bhandari.
Atul Kumar Goel assumed charge as Managing Director and Chief Executive Officer (UCO) of UCO Bank. Prior to this assignment, he was executive director of Union Bank of India.