- 1 Highway Tunnel Dedicates to Nation in North Sikkim
- 2 Reserve Bank of India amends Gold Monetization Scheme to make it more attractive
- 3 Indian Coast Guard Interceptor Ship Commissioned
- 4 Intercontinental Cup: India lose to last group to New Zealand
- 5 Sports Ministry Approves Upward Revision of Pension to Meritorious Sports persons
- 6 Latest Current Affairs
Highway Tunnel Dedicates to Nation in North Sikkim
On 9th June 2018, the Minister of State for Defence, Dr. Subhash Bhamre dedicated a highway tunnel at Theng near Chungthang in North Sikkim to the nation.
The tunnel will benefit the tourism and rapidly improve the growth of the state.
The Double – lane tunnel stretching 600 meters
Reserve Bank of India amends Gold Monetization Scheme to make it more attractive
The Reserve Bank of India (RBI) made changes in the Gold Monetization Scheme (GMS) to make it more attractive.
The main objective of this scheme is to enable people to open a hassle- free gold deposit account.
The short-term deposits should be treated as Bank’s on-balance sheet liability.
These deposits will be made with the designated banks for a short period of time (1 – 3 years).
The Deposits are also allowed for broken periods (E.g 1 year and 3 months; 2 years and 4 months etc.
Indian Coast Guard Interceptor Ship Commissioned
The Indian Coast Guard (ICG) commissioned an interceptor boat- ICGS C-439 at the Naval Dockyard, Mumbai.
The ICGS C-439 was commissioned by Additional Director General K. Natarajan, Coast Guard Commander of Western Seaboard.
The ICGS C-439 is designed by the L&T Marine and Ship Design Division, which is an in-house facility of Larsen and Toubro Limited.
The vessel is 27. 4 m long with a displacement of 136 Tonnes. It can achieve a maximum speed of 45 Knots.
It is made up of full aluminium – alloy hull for reducing weight and is powered by twin power jet propulsion systems to enable quick response.
Intercontinental Cup: India lose to last group to New Zealand
India suffered a 1-2 defeat at the hands of New Zealand in their final league match of the Intercontinental Cup tournament in Mumbai.
With six points from two earlier games, the Indian Team stills holds a chance to enter the final to be played.
The Home team has beaten Chinese Taipei and Kenya. If Kenya beat Chinese Taipei, then it will be a complicated calculation to decide who plays in the final.
Since India has a goal difference of Plus 7 as against plus 1 of New Zealand, it has a big chance to make it to the Final.
Sports Ministry Approves Upward Revision of Pension to Meritorious Sports persons
Minister of Youth Affairs and Sports Rajyavardhan Rathore approved the upward revision of pension to meritorious sports persons.
Under this reward scheme, the Rate of pension has been doubled of the existing rate of pension on winning medals in International Sports Events.