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Current Affairs 08.06.2017

 
RBI Keeps the Repo Rate Unchanged
The Reserve Bank of India has kept repo rate unchanged at 6.25% in its second bi-monthly monetary policy review.

World’s First Hybrid ‘Aeroboat’ Unveiled
The world’s first hybrid ‘aeroboat’ which has been built by an Indo-Russian joint venture has been unveiled at a start-ups event organized by Russia’s state-run Skolkovo Foundation.

Hoshiar Singh Appointed as Chief of Copyrights office
Hoshiar Singh, a 1994 batch officer of the Indian Telecom Service has been appointed as Registrar of Copyrights for a period of five years as per the recent order issued by the Department of Personnel and Training (DoPT).

India signs Agreement to provide $318 million Line of Credit to Sri Lanka
India has signed an agreement with Sri Lanka to provide USD 318 million as line of credit for developing Sri Lanka’s railway sector.
The agreement was signed between Sri Lanka’s Ministry of Finance and Mass media, and Managing Director of India’s Export Import Bank in Colombo.

UP Board to have NCERT Books from Next Academic Year
The Uttar Pradesh state government has planned to replace textbooks meant for Uttar Pradesh Secondary Education Board with the ones published by the National Council of Educational Research and Training (NCERT) with an aim to bring the curriculum of UP Board at par with the CBSE.
The decision to introduce NCERT books is expected to come into force with the academic year 2018-19.

Finance Ministry asks Ministries to decide on FDI proposals within 60 Days
The finance Ministry has asked all those ministries tasked with clearing foreign direct investment proposals in the 12 sectors that require government’s nod to take a decision on such proposals within 60 days.
Last month, the Cabinet abolished the Foreign Investment and Promotion Board (FIPB), which was the authority for clearing foreign direct investment (FDI) proposals for a period of 25 years.

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