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Historical Event on 7/1/1996

RBI reduces cash reserve ratio to 12\%.

Other Historical Dates and Events
6/23/1975Prannath Thapar, former Chief of Army, died.
7/9/1992The government agrees to set up a Joint Parliamentary Committee to enquire into the security scam.
6/20/1994Anti-Pakistan slogans rent the air in Jammu & Kashmir against the killing of Quazi Nissar Ahmed, Mirwaiz of South Kashmir and a famous religious Kashmiri leader who was gunned down by Pak-aided terrorists.
1/30/1903Lord Curzon opened the Imperial Library in in Metcalfe Hall at Calcutta.
6/19/1981APPLE, India's first experimental geo-stationary telecommunication satellite having experimental communication satellite, successfully launched by European Ariane, Kourou, French Guiana. This is the first to be stabilized on 3 axes.
4/17/1998BJP Prof. Chaman Lal Gupta retains his Lok Sabha seat in the Udhampur-Doda-Kathna constituency defeating National Conference's Rajinder Kumar Chib by over 50,000 votes.
12/19/1927Uttar Pradesh was formed by an Automobile Association.
1/1/1983This year was announced to be observed as the ""International Communications Year"".
3/28/1998The BJP-led alliance survived its first test of trust with the support of Chandrababu Naidu's Telgu Desam Party. Jayalalitha continues to call the shots.
1/2/1979Gavaskar gets twin tons for India for the third time (vs West Indies).



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