Monday, 23 May 2016

Current Affairs - May 23

In Today's article, you will read

  • 12 MoUs Signed between India and Iran
  • IEPF Authority to safeguard the interest of investors
  • RLV-TD, India's first reusable space shuttle launched from Sriharikota.
  • 'Smart Village' Program launched in Gujarat.
  • International Day of Biological Diversity 2016 observed.


12 MoUs Signed between India and Iran

India and Iran signed 12 Memorandum of Understandings (MoUs) and Agreements in various areas including building and operating the Chabahar port by India. The other agreements include cooperation in science and technology, culture, library sciences, and cooperation between the EXIM banks of both the countries.

These agreements were signed after the delegation level talks between Prime Minister Narendra Modi and Iranian President Hassan Rouhani. MoU between IRCON and CDTIC will enable IRCON to provide requisite services for the construction of Chabahar-Zahedan railway line. This line forms part of transit and transportation corridor in trilateral  agreement between India, Iran and Afghanistan. Besides, leaders of both countries also issued a joint statement mentioning that the Chabahar port is a symbol of synergy between both me nations.

Questions:
  • How many agreements were signed between India and Iran on the recent visit of PM Modi to Iran?
  • India signed an agreement with Iran for building and operating of which port?
  • Who is the President of Iran?
Answers:
  • 12
  • Chabahar port
  • Hassan Rauhani




IEPF Authority to safeguard the interest of investors

Government has formed a six-member Investor Education and Protection Fund Authority to strengthen the framework for safeguarding the interest of investors. This move comes under the Companies Act, 2013 that would be for multiple purposes which includes to distribute disgorged amount depositors ambit that have suffered losses due to wrongful acts by other entities.

The team comprising six-members under the charimanship of Corporate Affairs Secretary Tapan Ray, SEBI Executive Director Gyan Bhushan and RBI Executive Director U S Paliwal are also members. the constitute team will look after the fund also maintaining separate accounts and other records as prescribed by the Comptroller and Auditor General (CAG).

Questions:
  • Under which act, government has constituted IEPF Authority to safeguard the interest of investors?
  • Who is the chairman of IEPF Authority?
  • Extend the term IEPF Authority.
Answers:
  • Companies Act, 2013.
  • Tapan Ray.
  • Investor Education and Protection fund Authority.




RLD-TD, India's first reusable space shuttle launched from Sriharikota

Indian Space Research Organisation (ISRO) on 23 May 2016 successfully launched its maiden indigenous winged Reusable Launch Vehicle (RLV) from Sriharikota spaceport i Andhra Pradesh. It was carried up on a solid rocket motor (SRM). The nine-ton SRM was designed to burn slowly to accommodate the vertical lifting of winged body.

The Re-Usable Launch Vehicle-Technology Demonstrator (RLV-TD) is considered as a first step towards realising a Two Stage To Orbit (TSTO) fully reusable vehicle. That is, it can put satellites into orbit around earth and then re-enter atmosphere. It was built at the Vikaram Sarabhai Space Centre in Thiruvananthapuram by a team of 600 scientists over five years.

Questions:
  • What is name of India's first reusable space shuttle?
  • It was launched from which spaceport?
Answers?
  • RLD-TD
  • Sriharikota, Andhra Pradesh




'Smart Village' Program launched in Gujarat

Gujarat Chief Minister Anandiben Patel has launched Smart Village Program on the occasion of completion of two years of her Government. Addressing the launching function at Mahatma Mandir in Gandhinagar, the CM said, 300 villages will be selected for Smart Village program. These villages will get 80 lakh to 2 crore rupees cash assistance from the state government to improve public facilities in the villages.

On this occasion, the Sarpanchs of villages having 100 Percent completion of toilet targets have been felicitated. The smart village is another platform that brings the state and church together to make the difference in the lives of poor tribal people in unreached villages. It is building up of a complete village, self - reliant by mobilizing renewable energy and complete participation of people in all development towards a smart village or a model village among Indian villages.

Questions:
  • 'Smart Village' Program was recently launched in which state?
  • How many villages will be selected for Smart village program?
Answers:
  • Gujarat 
  • 300




International Day for Biological Diversity 2016 observed

The United Nations (UN) observed the International Day for Biological Diversity (IBD) on 22 May 2016. The theme for the year 2016 is Mainstreaming Biodiversity; Sustaining People and their Livelihoods. This year theme highlights the role of biodiversity in underpinning development.

The UN also highlighted that biodiversity is an important cross-cutting issue in the message marking the 2030 Agenda for Sustainable Development. The United Nations General Assembly, by its resolution 55/201 of 20 December 2000, proclaimed 22 May as the International Day for Biological Diversity.

Questions:
  • International Day for Biological Diversity was observed on which date?
  • What is the theme of IBD 2016?
Answers:
  • 1 May 22
  • Mainstreaming Biodiversity; Sustaining People and their Livelihoods.

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