3rd June 2017 The Hindu and PIB Daily Current Affairs

1)What you need to know about Prasar Bharati?

Prasar Bharati is a statutory autonomous body established under the Prasar Bharati Act and came into existence on 23.11.1997.

It is the Public Service Broadcaster of the country.

The objectives of public service broadcasting are achieved in terms of Prasar Bharati Act through All India Radio and Doordarshan.

All India Radio (AIR), officially known since 1956 as Ākāshvāṇī, is the national public radio broadcaster of India and a division of Prasar Bharati.

Doordarshan is Government of India founded public service broadcaster which is owned by the Broadcasting Ministry of India and is one of two divisions of Prasar Bharati.

It is one of India's largest broadcasting organisations in terms of studio and transmitter infrastructure, having been established on 15 September 1959.

What was the News:- Shri Shashi Shekar Vempati has been appointed as the Chief Executive Officer (CEO) of Prasar Bharati for a period of five years from the date of assumption of office.

2)SMARTGRAM initiative:=The SMARTGRAM initiative of Rashtrapati Bhavan was inaugurated for five villages of Haryana by the President of India, Shri Pranab Mukherjee on July 2, 2016.

A large number of projects have been undertaken in the initially selected five villages of Haryana under the SMARTGRAM initiative in the fields of agriculture, skill development, energy, education, heath, employment generation, developing entrepreneurship etc.

Probable Questions:- 

Question.1 Smart Gram initiative is the initiative of 
Options:-
A)Ministry of Rural Develoment
B)Minitry of Electronics and Information Technology
C)NITI AAYOG)
D)Rashtrapati Bhawan

Answer:- D

Question 2. SmartGram Initiative has been launched for which of the Following State:-

A)Madhya Pradesh
B)Rajasthan
C)Haryana
D)Uttar Pradesh

Answer - C

3)Prithvi-II missile successfully test-fired:-

Some Factsheet about it:- 

• Prithvi-II is indigenously developed and is nuclear-capable surface-to-surface.
• The missile is capable of carrying warheads weighing 500 kg to 1,000 kg.
• With a strike range of 350 km, Prithvi-II is powered by twin-engines which use liquid propulsion.
• It also uses advanced inertial guidance system with manoeuvring trajectory to hit its target.
• Notably, Prithvi is India’s first indigenously-built ballistic missile. It is one of the five missiles being developed under the country’s Integrated Guided Missile Development Programme.

4)The United States will be withdrawing from the Paris climate agreement, President Donald Trump announced recently.

Just two other countries — Syria and Nicaragua — have rejected the nonbinding agreement.

Why Trump is against this deal?

Trump says the Paris deal unfairly puts constraints on the United States coal industry, and unfairly allows some countries to continuing to pollute at a greater rate than others.

5)What is a QIP(qualified institutional placement (QIP).)?

A QIP is a capital raising tool wherein a listed company can issue equity shares, fully and partly convertible debentures, or any security (other than warrants) that is convertible to equity shares.

The News is that SBI will soon be opting for QIP.

6)The Department of Industrial Policy and Promotion (DIPP) has been given back the power to grant licenses for defence manufacturing. Earlier, a few months back, the Home Ministry was given the responsibility.

The Department falls under the Ministry of Commerce and Industry.