Current Affairs 5th November 2018

NATIONAL

On November 2, 2018, at the launching ceremony of Government’s Support and Outreach Initiative for MSME at Vigyan Bhawan in New Delhi, PM Narendra Modi announced 12 key initiatives for the growth and support of the MSME sector.
India and Japan signed a Loan Agreement worth Rs. 1817 crore for the ‘Project for the Construction of Turga Pumped Storage (I)’ in the State of West Bengal
Indo-French Conclave held in Nagpur, Maharashtra; Indian & French firms sign 12 pacts worth 200 million euros.
The two-day long preparatory meeting of the “Shanghai Cooperation Organization Joint Exercise on Urban Earthquake Search & Rescue- 2019” concluded in New Delhi.

INTERNATIONAL

India-UAE Partnership Summit (IUPS) 2018 was held in Dubai, United Arab Emirates (UAE).
Indian Ocean Rim Association (IORA) ‘Be the Legacy’ internship programme was announced at the end of the 18th IORA meeting in Durban, South Africa

BANKING & ECONOMY

Chola MS General Insurance and IndusInd Bank Ltd renewed their corporate agency arrangement for a period of five years.
Securities & Exchange Board of India (SEBI) cut listing time for an IPO to 3 days from 6 at present.
RBL Bank announced appointment of Vikas Muttoo as CEO of Swadhaar Finserve

SPORTS

Vietnam will host Formula 1 race in its capital city Hanoi for the first time in April 2020
5^th SAFF U-15 Championship 2018 was held at the ANFA Complex, Kathmandu, Nepal.