Daily News Updates for 11th August, 2016

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Important questions for competitive exams from Daily News Updates

Q) The capacity of Kudankulam-1 nuclear power plant project in Tamil Nadu-

  1. 1600 MW
  2. 2500 MW
  3. 1000 MW
  4. 1500 MW

Q) Mahindra & Mahindra reported its  net profit of ( in Percentages)-

  1. 11.23%
  2. 9.5%
  3. 12%
  4. 12.35%

Q) Recently SEBI raised the investment limit in which sector?

  1. HFCs
  2. MFCs
  3. PSBs
  4. E-commerce

Q) Tata sold its Babrala urea plant to which company?

  1. Sinopec, China
  2. LG chem, South Korea
  3. Bayer, Germany
  4. YARA international, Norway

Q) Who won the 3 gold medal in freestyle Swimmimg?

  1. Michael Phelps
  2. Joseph Schooling
  3. Tom Shields
  4. Mehady Metella

Q) The United States has approved the sale of arms with Saudi Arabia of worth

  1. $ 1.78bn
  2. $ 1.15bn
  3. $ 2.23bn
  4. $ 5.66bn

 

NATIONAL NEWS

  • President Putin, PM Modi and Chief Minister of  Tamil Nadu jointly inaugurated the Kudankulam nuclear Power Project-1 of 1000 MW on 10 August, 2016.

  • DMRC (Delhi Metro Rail Corporation ) is going to install 3 MW plant on the top of the elevated metro stabling line Kalindi Kunj depot.

 

INTERNATIONAL NEWS

  • The United States has approved the sale of  arms worth $ 1.15 bn to Saudi Arabia including- 153 tanks, 100 of machine guns and other military gears.

BUSINESS NEWS

  • E-commerce company Flipkart now get 10% shares from US based mutual fund company VALIC(Variable Annuity Life Insurance Company) on 10 August, 2016.

  • Mahindra & Mahindra reported its a 12.35% rise in net profit  at $955.21 cr. during the first quarter which ended June 30.

  • Aditya Birla’s health insurance arm has received final approval from IRDAI sector.

  • Sebi raises the investment limit for HFCs (Housing  Finance Companies) in financial services sectors from 5 to 10%.

  • Tata chemicals has an agreement to sell its Babrala urea plant and distribution business in Uttar Pradesh with Norwegian company Yara International ASA of worth $ 400 mn.

 

SPORTS NEWS

  • Indian women’s hockey was thrashed by Australia by 1-6 at Rio Olympics.
  • Michael Phelps won 2 gold medals on 10 August,2016 in the 200 Butterfly, 4 x 100 and 4 x 200. In total he added 3 gold medals  at the Olympic games.
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