Page-39 of Current Affairs - June, 2019

RBI Monetary Policy review: Repo rate lowest since 2010

The Reserve bank of India (RBI) in its bi-monthly monetary policy review reduced repo rate by 25 basis points to 5.75% from current 6.0% with immediate effect. This is RBI’s third cut this year and has reduced Repo rate at lowest since 2010. Key Highlights With Repo Rate adjusted to 5.75%, consequently Reverse Repo Rate ..

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ICG organises 4th Subordinate Officers Conclave  

The 4th Coast Guard Subordinate Officers Conclave 2019 was inaugurated by Rajendra Singh, Director General of Indian Coast Guard (ICG). The two-day conclave was held at ICG Headquarters in New Delhi. Key Highlights of Conclave About: Subordinate officer’s conclave is a unique initiative among the armed forces of country. It is where suggestions and ideas ..

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DMRC becomes India’s 1st project to receive Power from Waste-to-Energy

Delhi Metro has become first ever project in India to receive power generated from a waste-to-energy plant. The move is in continuation of Delhi Metro Rail Corporation (DMRC) efforts to establish an environment-friendly network Key Highlights Steps Taken: Since beginning of June 2019, DMRC has started receiving 2 MW power from a 12 MW capacity ..

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Russia launches 1st Arctic train service

Russia has launched first Arctic train service running from St. Petersburg station headed to Norway. The inaugural trial journey of first tourist train traveling through Russia’s Arctic region and on to Norway will be a 11-day trip with 91 passengers aboard. Key Highlights Journey: The train is named ‘Zarengold’ (means ‘The Tsar’s gold’ in German). ..

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Prayuth Chan-ocha elected as new Prime Minister of Thailand

National Assembly of Thailand (Thailand’s Parliament) elected 2014 coup leader Prayuth Chan-ocha as Prime Minister after military-backed party that nominated Prayuth won 2nd-highest number of seats in House of Representatives (lower house of Thailand’s Parliament) in a general election held in March 2019. Key Highlights of Thailand Election Prayuth was elected for a second term ..

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