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Latest Current Affairs 07th January 2019

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Quota for Economically Backward section in Government Jobs: Big announcement by the Centre for the common man; Ten percent quota for people from unreserved economically backward classes of the society in educational institutions and government jobs.

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JPC report on Citizenship Amendment Bill, 2016 tabled in Lok Sabha: The report of the joint Parliamentary committee on the citizenship (amendment) bill, 2016 has been tabled in Lok Sabha.

Government tears into Rahul Gandhi’s offensive on Rafale deal: Government tears into Rahul Gandhi’s offensive on Rafale deal; Ravi Shankar Prasad says, Congress President is under pressure from Christian Michel to lobby for Euro fighter jets against Rafale; Asks Rahul Gandhi to explain his proximity with middleman Christian Michel; Questions Congress for compromising with the national security.

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Sheikh Hasina sworn-in as Bangladesh PM for 4th term: Sheikh Hasina sworn-in as the Bangladesh Prime Minister for the fourth term on Monday; Drops most of her colleagues from the outgoing cabinet, aiming at injecting fresh blood in new Government.

RBI allows one-time restructuring of MSME loans of up to Rs 25 crore: Big boost for Micro, Small and Medium Enterprises as Reserve Bank of India allows restructuring of loans up to 25 crore rupees; RBI Governor Shaktikanta Das says, top bank will infuse need-based liquidity in the banking system; Says, status of NPA in PSU banks is improving.

India script history by winning maiden Test series on Australian soil: Indian cricket team creates history; Wins first-ever test series in Australia beating the hosts 2-1 with Sydney test ending in a draw; Cheteshwar Pujara adjudged both, ‘Man of the Match’ and ‘Man of the Series’; President and Prime Minister congratulate Team India.

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