CURRENT AFFAIRS 4 JANUARY 2018
RBI TO ISSUE A NEW RS 10 NOTES IN CHOCOLATE BROWN COLOUR
RBI will shortly issue the new Rs.10 note under the Mahatma Gandhi series. RBI has already printed around 1 billion pieces of the new Rs.10 note with the chocolate brown colour background bearing the picture of Konark sun temple.
- CABINET APPROVED ZOJILA PASS TUNNEL PROJECT
The Union cabinet on wednesday approved the construction of the Asia’s longest bi-directional Zojila Pass Tunnel at an estimated cost of Rs. 6,089 crore, which will reduce the travel time through Zojila pass to 15 minutes from the current time 3.4 hours. Zojila is a high mountain pass in Jammu and Kashmir.
- US TO CONSIDER NEW RULES TO PREVENT H1-B VISA
The US is considering new regulations aimed at preventing the extension of H-1B visas, predominantly used by Indian IT professionals, as part of president Donald Trump’s “Buy American, Hire American” initiative, a media report has said.The move could directly stop hundreds of thousands of foreign workers from keeping their H-1B visas while their green card applications are pending.
- NUCLEAR INSTALLATION LIST EXCHANGED BETWEEN INDIA-PAKISTAN
India and Pakistan exchanged the list of nuclear installations and facilities through diplomatic channels simultaneously at New Delhi and Islamabad under a three-decade old bilateral pact.
As per the press release of External Affairs Ministry, the lists were exchanged under the Agreement on the Prohibition of Attack against Nuclear Installations between India and Pakistan.
- YUKI BHAMBRI DEFEATED ARJUN KADHE AT MAHARASHTRA OPEN
Yuki Bhambri asserted his class over a promising Arjun Kadhe even as a young Sumit Nagal’s ATP world tour debut ended in tame defeat at TATA open Maharashtra. Yuki Bhambri is a professional indian tennis player
Business And Economy
- NO CHARGES TO BE PAID ON THE TRANSACTION ABOVE RS.2000 BY DEBIT CARD
To promote digital transactions, union cabinet approved a proposal that government will bear the merchant discount rate (MDR) charges on transactions up to Rs 2,000 made through debit cards, BHIM UPI or Aadhaar-enabled payment systems.The merchant discount rate (MDR) will be borne by the government for two years with effect from January 1, 2018 by reimbursing the same to banks.