At university, gold medals lose their shine.
MUMBAI: Prices rise on the market, the gold of an accident unexpected. The gold medals awarded, the University of Mumbai, at its meeting on December 18 will be fewer yellow metal, as it has been so far usual.
“The means by which judicial intervention is convinced that the medals are not sufficient to buy gold medals in market interest rates,” said AD Sawant, Pro-Vice-Chancellor of the University.
“Given that the University may not be far from the medals, we have to reduce the amount of the gold medal.” Medals have used as much as 20 grams of gold, but with prizes worth peak of Rs 6,500 per 10 grams, in November, the university, said he had little choice, but simply on gold.
During the past year, the University verschenkte 72 3000 The case of silver medals for the endowment fund comes from a variety of foundations that, on behalf of personalities famous in the field of education. Some of the awards were established nearly a century.
However, the corpus of over 25 gold medals have been exhausted. It is, among others, the President of India, Dr. Shankar Dayal Sharma gold medal for scientific excellence discs, Sydenham College of Commerce and Economics Golden Jubilee Trust, and the gold medal of Colgate Palmolive gold medal.