India Current Affairs 2017

RBI to issue new Rs 50 currency note

The Reserve Bank of India (RBI) will shortly issue new banknotes of Rs.50 denomination in the Mahatma Gandhi (New) Series. The base colour of the new notes will be fluorescent blue.

RBI also has clarified that all banknotes in Rs.50 denomination issued in the earlier series will continue to be legal tender.

Key Features new Rs.50 note

Its dimension will be 66 mm x 135 mm. It will have a motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage along with the Swachh Bharat logo, numeral 50 in devnagiri, year of printing and the language panel.

It will have Mahatma Gandhi’s portrait at the Centre and a see through register with enominational numeral 50. Micro letters ‘भारत, ‘INDIA’, ‘RBI’and ‘50’ and Ashoka Pillar emblem on the right will also feature on the front side.

The security thread will have inscriptions ‘भारत’and RBI. The number panel will have numerals growing from small to big on the top left side and bottom right side. The banknote will bear the signature of RBI Governor Dr. Urjit R. Patel on the front side along with the guarantee and promise clause and the RBI emblem.

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Navika Sagar Parikrama: Indian Navy’s all-woman team to circumnavigate globe

A six-member all-woman team of the Indian Navy will set sail to circumnavigate the globe on the sailing vessel INSV Tarini. This is the first-ever Indian circumnavigation of the globe by an all-woman crew.

The expedition has been aptly titled ‘Navika Sagar Parikrama’ with an aim to promote women empowerment in the country and ocean sailing by the Indian Navy.

Key Facts

The voyage of Navika Sagar Parikrama will begin from Goa in the first week of September 2017 and culminate on their return in March 2018. The entire distance will be covered in five legs, with stop overs at four ports Fremantle (Australia), Lyttelton (New Zealand), Port Stanley (Falklands) and Cape Town (South Africa) for replenishment of ration and repairs as necessary. The project is considered essential towards promoting Ocean Sailing activities in the Indian Navy while depicting Union Government’s thrust for ‘Nari Shakti’ i.e. empowering women. 

INSV Tarini

INSV Tarini is a 55 foot sailing vessel has been built indigenously by M/s Aquarius Shipyard Pvt Ltd, Goa. It was inducted into the Indian Navy in February 2017. INSV Tarini is the sister vessel of INSV Mhadei. Its mast is 25 metres and has been custom-built by M/s Southern Spars, Cape Town (South Africa), for sailing in extreme conditions. It carries a suite of six sails, including a main sail, head sails (Genoa and stay sails), downwind sails and storm sail. It has Raymarine navigation suite and an array of satellite communication systems on board through which contact can be made from anywhere.

Earlier Expeditions

The first Indian solo circumnavigation was undertaken by Captain (Retd) Dilip Donde from August 2009 to May 2010 onboard the Indian built vessel, INSV Mhadei. The first Indian non-stop solo circumnavigation was undertaken by Cdr Abhilash Tomy from November 2012 to March 2013.

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