THE EXAMS MADE SIMPLE: 01st May 2017 The Hindu and PIB Daily Current Affairs

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01st May 2017 The Hindu and PIB Daily Current Affairs

1)SAARC satellite set for lift-of:- The ‘South Asia Satellite,’ which India has built for use by countries of the South Asian Association for Regional Cooperation (SAARC) will be launched on May 5.

Advantages of this Satellite :- “Natural resources mapping, telemedicine, education, deeper IT  connectivity or fostering people-topeople contact — this satellite will prove to be a boon in the progress of the entire region.

It is an important step by India to enhance co-operation with the entire South Asia.

***All SAARC countries, except Pakistan, have joined it.

Some Technical Aspects:- The 2,230-kg satellite was built by the Indian Space Research Organisation and has 12 Ku-band transponders.

What is a Transponder:- A wireless communications device usually attached to a satellite. A transponder receives and transmits radio signals at a prescribed frequency range.
After receiving the signal a transponder will at the same time broadcast the signal at a different frequency.
The term is a combination of the words transmitter and responder.


2)EC may change recounting rules:- 

Why the Change is needed?:- So that slips generated by the Voter Verifiable Paper Audit Trail (VVPAT) devices can be matched with the Electronic Voting Machine (EVM) count.

3)Today is 1st May and it is International Labour Day !!

4)Thakurani Jatra was again in News :- Remember it for Berhampur in Odisha.

5)Drip Irrigation and Mulching are very Fruitful for Farmers:-
Drip irrigation is one of the Suggested method under PMKSY.

What is Mulching:- A mulch is a layer of material applied to the surface of an area of soil. Its purpose is any or all of the following:=
to conserve moisture. 
to improve the fertility and health of the soil. 
to reduce weed growth.

6)Buxa Tiger Reserve is in Bengal.

ABOUT NTCA : The National Tiger Conservation Authority(NTCA) was established in December 2005 following a recommendation of the Tiger Task Force.

The Wildlife Protection Act of 1972 was amended to provide for constituting the National Tiger Conservation Authority responsible for implementation of the Project Tiger plan to protect endangered tigers. The National Tiger Conservation Authority is set up under the Chairmanship of the Minister for Environment and Forests.

  • It approves the State Govt. Plans for Tiger Conservation.
  • Lays down Standards and Measures.
  • Also Prepares Report to be laid down in front of Parliament.

Project Tiger was Launched in 1973.
NTCA at Present is a Statutory Body under MOEF.

7)What you need to know about Infrastructure Investment Trusts:-The initial public offering
(IPO) for IRB InvIT, India’s first infrastructure investment trust fund will open for subscription on May 3 and close on May 5.

Sponsored by road developer IRB Infrastructure Developers Ltd.

What are InvITs?
InvITs are similar to mutual funds. While mutual funds provide an opportunity to invest in equity stocks, an InvIT allows one to invest in infrastructure projects such as road and power.

How do InvITs work?
InvITs raise funds from a large number of investors and directly invest in infrastructure projects or through a special purpose vehicle.

Two types of InvITs have been allowed:= 
one, which invests in completed and revenue generation infrastructure projects; 
Second, which has the flexibility to invest in completed or under-construction projects.

InvITs are registered as trusts with SEBI.

Lets Attempt one Mock Question Now:-

Which of the Following Questions About Infrastructure Investment Trusts are Correct:-

i)InvIT's are similar to Participatory Notes.
ii)InvIT's are registered with RBI under RBI Act of 1934.
iii)InvIT allows one to invest projects such as road and power.

Options:-
a) i and ii only
b) i , ii and iii only
c) ii and iii only
d)iii only

8)China, Europe planning to build ‘moon village’:- China and Europe are planning to build the first-ever “moon village” that could serve as a launching pad for deep space missions such as one to Mars, or even as a spot for space tourism and lunar mining.

9) Reang Tribe is From Tripura.
Remember the Hojagiri Dance of Tripura it was showcased this year in the Republic Day Celebration.

Questions of the Day :-
1) Yak dance is For Which State?
2) Sattriya Dance of Assam?


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