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Historical Event on 12/4/1992

RBI devalues Rupee by 1.18% against the US dollar. India emerges overall champions with 10 golds; 8 silver and 14 bronzes in the 4th Asian Junior Athletic meet in New Delhi.

Other Historical Dates and Events
6/19/1995India and US officially launch Indo-US Commercial Alliance during US Trade Secretary's visit.
5/4/1993Income Tax exemption limit raised to Rs.30,000; Customs duty on certain drugs reduced.
4/12/1967U. Thant,UN Secretary General, receives the first Nehru Award for international understanding.
8/13/1993All the TDP MLAs suspended from Andhra Pradesh Assembly.
6/30/1755Jayappa Shinde who was the son of Ronoji Shinde was murdered.
10/22/1937Gandhiji presided over the educational conference at Wardha and outlined his scheme of education through basic crafts.
5/13/1998India carries out two more nuclear tests at Pokharan in Rajasthan.
1/10/1959Martin Luther King, the US Black leader, arrived in New Delhi.
5/18/1973A powerful underground explosion rocked India's desert of Rajasthan today, making India the sixth nation in history to set off a nuclear device. The blast, which took place at a depth of 330 feet, was in the range of 10-15 kilotons, smaller than the bomb exploded by the US at Nagasaki in World War II. India is signatory to the 1963 test ban treaty, and thus was prohibited from exploding the device on land or in the air. Prime Minister Indira Gandhi claimed the purpose of the test was peaceful and said 'such explosions may have their use in mining operations'.
4/1/1995Open General Licence (OGL) list expanded from 43 to 75 as import of consumer goods liberalised.