Andhra Pradesh Social activists builds Gandhi Mandiram and Smruthi Vanam at Srikakulam<\/a><\/h3>\n\n\n\n![\"Andhra](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T113020.397.jpg\")
<\/figure>\n\n\n\nSocial activists have built a temple for Mahatma Gandhi<\/strong> and freedom fighters\u2019 Smrithi Vanam<\/strong> at the Municipal Park in Srikakulam, Andhra Pradesh<\/strong> to inculcate patriotism among the youth by remembering the sacrifices of freedom fighters. Statues of freedom fighters and social activists were erected in the park with the help of donors.<\/p>\n\n\n\nThe statue of Mahatma Gandhi at Gandhi Mandiram along with the statues at Smrithi Vanam were unveiled on the eve of Gandhiji\u2019s death anniversary, on January 30, 2022 as a tribute to the Father of Nation and freedom fighters. The new initiative will inculcate patriotism among the youths by remembering the sacrifices of freedom fighters. The Gandhi temple has been built at an estimated cost of Rs 20 lakh with the help of donors.<\/p>\n\n\n\n
Important takeaways for all competitive exams: <\/strong><\/p>\n\n\n\n- Andhra Pradesh Capitals: Visakhapatnam (executive capital), Kurnool (judicial capital), Amaravati (legislative capital.);<\/li>
- Andhra Pradesh Governor: Biswabhusan Harichandan;<\/li>
- Andhra Pradesh Chief minister: Y. S. Jaganmohan Reddy.<\/li><\/ul>\n\n\n\n
India\u2019s first geo park to be set up in Jabalpur district of Madhya Pradesh<\/a><\/h3>\n\n\n\n![\"India\u2019s](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T113243.813.jpg\")
<\/figure>\n\n\n\nThe Geological Survey of India (GSI) has approved the setting up of the country\u2019s first geo park at Lamheta village on the banks of the Narmada river in Jabalpur district of Madhya Pradesh. The approval to set up the geopark has been granted by the\u00a0Geological Survey of India (GSI).<\/strong>\u00a0The estimated cost of setting up the project is\u00a0Rs 35 crore.<\/strong><\/p>\n\n\n\nSpituk Gustor Festival observed in Ladakh<\/a><\/h3>\n\n\n\n![\"Spituk](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T113451.552.jpg\")
<\/figure>\n\n\n\nSpituk Gustor Festival,<\/strong>\u00a0is a two-day annual celebration of Ladakhi culture and traditional heritage celebrated on\u00a030th & 31st January 2022 in Leh and Ladakh Union Territory.<\/strong>\u00a0To witness the colourful festivities, devotees arrive at the Spituk Monastery every year and attend the colourful mask dance locally called\u00a0\u201cChams\u201d.<\/strong><\/p>\n\n\n\nThe main purpose of the festival is for world peace, happiness and for the welfare of all beings. Prayers start seven days preceding the festival but dances are performed only during the fiesta. There are also effigies of evil forms are also burnt.<\/p>\n\n\n\n
The term Gustor literally means \u2018Sacrifice\u2019 in the Tibetan language. The two-day festival is celebrated by various monasteries of the UT such as Thiksey, Spituk, Korzok and Karsha. The Spituk Gustor festival is marked by different kinds of rituals, ceremonies, music & Cham Dance.\u00a0Cham Dance<\/strong>\u00a0is a colourful mask dance performed by the monks of the Spituk monastery, located in Leh district, in their best robes depicting different deities.<\/p>\n\n\n\nLt Gen GAV Reddy Succeeds Lt Gen KJS Dhillon As head of Defence Intelligence Agency<\/a><\/h3>\n\n\n\n![\"Lt](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T113729.356.jpg\")
<\/figure>\n\n\n\nLt Gen GAV Reddy (Lieutenant General GAV Reddy <\/strong>to the Defense Intelligence Agency (Defence Intelligence Agency<\/strong>) has been appointed as the new chief. He was Lieutenant General KJS Dhillon (Lt Gen KJS Dhillon<\/strong>), who retired Monday.<\/p>\n\n\n\nThe post of the director general is held on a rotation basis between the three Armed services- the Indian Army, Indian Navy, and Indian Air Force. The Defence Intelligence Agency (DIA) is an intelligence agency responsible for providing and coordinating defence and military intelligence to the Indian Armed Forces. It was formed in 2002.<\/p>\n\n\n\n
CRISIL projects India\u2019s GDP growth for FY22 at 9.2% and for FY23 at 7.8%<\/a><\/h3>\n\n\n\n![\"CRISIL](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T113923.393.jpg\")
<\/figure>\n\n\n\nDomestic rating agency CRISIL on Wednesday estimated FY23 real GDP growth at 7.8 percent as compared with the 8.5 percent projected in the Economic Survey.<\/p>\n\n\n\n
Rating Agency CRISIL has made the following projections for the GDP growth rate of India:<\/strong><\/p>\n\n\n\n- For 2021-22 (FY22) = 9.2%<\/li>
- For 2022-23 (FY23)= 7.8%<\/li><\/ul>\n\n\n\n
LIC ranked 10th most valued insurance brand globally: Brand Finance<\/a><\/h3>\n\n\n\n![\"LIC](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T114134.118.jpg\")
<\/figure>\n\n\n\nAs per a brand valuation report released by Brand Finance<\/strong>, Life Insurance Corporation has been ranked at 10th<\/strong> in the list of insurance brands globally. Ping An Insurance of China is at the top.<\/strong><\/p>\n\n\n\nLife Insurance Corporation, which is bound for the nation\u2019s largest share sale by March, is the strongest and the largest brand in the country with a valuation of USD 8.656 billion (around Rs 64,722 crore), which also makes it the third strongest insurance brand globally, according to a brand valuation report. As per Brand Finance, the market value of LIC will become Rs 43.40 lakh crore (USD 59.21 billion) by 2022, and Rs 58.9-lakh crore (USD 78.63 billion) by 2027. It must be noted that LIC was ranked as 206th most valuable brand in 2021 by Brand Finance.<\/p>\n\n\n\n
Patanjali and PNB launches co-branded contactless credit cards in partnership with RuPay<\/a><\/h3>\n\n\n\n![\"Patanjali](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T114348.634.jpg\")
<\/figure>\n\n\n\nPunjab National Bank (PNB)<\/strong> and Patanjali Ayurved Limited (PAL)<\/strong> have launched co-branded contactless credit cards in partnership with the National Payments Corporation of India (NPCI).<\/strong> <\/p>\n\n\n\nThe cards will be offered on the\u00a0RuPay Platform<\/strong>\u00a0of NPCI. The co-branded Rupay contactless credit cards are available in two variants which includes PNB RuPay Platinum and PNB RuPay Select.<\/p>\n\n\n\nGovernment approves continuation of Scheme of Assistance to National Sports Federations with an outlay of Rs. 1575 crore<\/a><\/h3>\n\n\n\n![\"Government](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T114532.184.jpg\")
<\/figure>\n\n\n\nCentral Government has approved the continuation of Scheme of Assistance to National Sports Federations (NSFs)<\/strong> for XV Finance Commission Cycle (2021-22 to 2025-26)<\/strong>. The outlay<\/strong> of this scheme for the next five years will be Rs. 1575 crore.<\/strong><\/p>\n\n\n\nThe Scheme of Assistance to National Sports Federations is the flagship Central Sector Scheme and the main source of funding for the preparation of national teams for all major national and international competitions. These include the Olympic Games, Para-Olympics, Asian Games, Commonwealth Games and other major international tournaments.<\/p>\n\n\n\n
World Interfaith Harmony Week: February 01-07<\/a><\/h3>\n\n\n\n![\"World](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-20.png\")
<\/figure>\n\n\n\nWorld Interfaith Harmony Week<\/strong> is an annual event observed during the first week of February (1-7 February)<\/strong>, after General Assembly designation in 2010.<\/strong> World Interfaith Harmony Week (WIHW), was conceived to promote cultural peace and nonviolence. The World Interfaith Harmony Week is based on the pioneering work of The Common Word initiative.<\/strong><\/p>\n\n\n\nThe observation aims to promote harmony between all people regardless of their faith. It was proposed by King Abdullah II of Jordan at the United Nations in 2010.<\/p>\n\n\n\n
<\/figure>\n\n\n\nSocial activists have built a temple for Mahatma Gandhi<\/strong> and freedom fighters\u2019 Smrithi Vanam<\/strong> at the Municipal Park in Srikakulam, Andhra Pradesh<\/strong> to inculcate patriotism among the youth by remembering the sacrifices of freedom fighters. Statues of freedom fighters and social activists were erected in the park with the help of donors.<\/p>\n\n\n\n The statue of Mahatma Gandhi at Gandhi Mandiram along with the statues at Smrithi Vanam were unveiled on the eve of Gandhiji\u2019s death anniversary, on January 30, 2022 as a tribute to the Father of Nation and freedom fighters. The new initiative will inculcate patriotism among the youths by remembering the sacrifices of freedom fighters. The Gandhi temple has been built at an estimated cost of Rs 20 lakh with the help of donors.<\/p>\n\n\n\n Important takeaways for all competitive exams: <\/strong><\/p>\n\n\n\n The Geological Survey of India (GSI) has approved the setting up of the country\u2019s first geo park at Lamheta village on the banks of the Narmada river in Jabalpur district of Madhya Pradesh. The approval to set up the geopark has been granted by the\u00a0Geological Survey of India (GSI).<\/strong>\u00a0The estimated cost of setting up the project is\u00a0Rs 35 crore.<\/strong><\/p>\n\n\n\n Spituk Gustor Festival,<\/strong>\u00a0is a two-day annual celebration of Ladakhi culture and traditional heritage celebrated on\u00a030th & 31st January 2022 in Leh and Ladakh Union Territory.<\/strong>\u00a0To witness the colourful festivities, devotees arrive at the Spituk Monastery every year and attend the colourful mask dance locally called\u00a0\u201cChams\u201d.<\/strong><\/p>\n\n\n\n The main purpose of the festival is for world peace, happiness and for the welfare of all beings. Prayers start seven days preceding the festival but dances are performed only during the fiesta. There are also effigies of evil forms are also burnt.<\/p>\n\n\n\n The term Gustor literally means \u2018Sacrifice\u2019 in the Tibetan language. The two-day festival is celebrated by various monasteries of the UT such as Thiksey, Spituk, Korzok and Karsha. The Spituk Gustor festival is marked by different kinds of rituals, ceremonies, music & Cham Dance.\u00a0Cham Dance<\/strong>\u00a0is a colourful mask dance performed by the monks of the Spituk monastery, located in Leh district, in their best robes depicting different deities.<\/p>\n\n\n\n Lt Gen GAV Reddy (Lieutenant General GAV Reddy <\/strong>to the Defense Intelligence Agency (Defence Intelligence Agency<\/strong>) has been appointed as the new chief. He was Lieutenant General KJS Dhillon (Lt Gen KJS Dhillon<\/strong>), who retired Monday.<\/p>\n\n\n\n The post of the director general is held on a rotation basis between the three Armed services- the Indian Army, Indian Navy, and Indian Air Force. The Defence Intelligence Agency (DIA) is an intelligence agency responsible for providing and coordinating defence and military intelligence to the Indian Armed Forces. It was formed in 2002.<\/p>\n\n\n\n Domestic rating agency CRISIL on Wednesday estimated FY23 real GDP growth at 7.8 percent as compared with the 8.5 percent projected in the Economic Survey.<\/p>\n\n\n\n Rating Agency CRISIL has made the following projections for the GDP growth rate of India:<\/strong><\/p>\n\n\n\n As per a brand valuation report released by Brand Finance<\/strong>, Life Insurance Corporation has been ranked at 10th<\/strong> in the list of insurance brands globally. Ping An Insurance of China is at the top.<\/strong><\/p>\n\n\n\n Life Insurance Corporation, which is bound for the nation\u2019s largest share sale by March, is the strongest and the largest brand in the country with a valuation of USD 8.656 billion (around Rs 64,722 crore), which also makes it the third strongest insurance brand globally, according to a brand valuation report. As per Brand Finance, the market value of LIC will become Rs 43.40 lakh crore (USD 59.21 billion) by 2022, and Rs 58.9-lakh crore (USD 78.63 billion) by 2027. It must be noted that LIC was ranked as 206th most valuable brand in 2021 by Brand Finance.<\/p>\n\n\n\n Punjab National Bank (PNB)<\/strong> and Patanjali Ayurved Limited (PAL)<\/strong> have launched co-branded contactless credit cards in partnership with the National Payments Corporation of India (NPCI).<\/strong> <\/p>\n\n\n\n The cards will be offered on the\u00a0RuPay Platform<\/strong>\u00a0of NPCI. The co-branded Rupay contactless credit cards are available in two variants which includes PNB RuPay Platinum and PNB RuPay Select.<\/p>\n\n\n\n Central Government has approved the continuation of Scheme of Assistance to National Sports Federations (NSFs)<\/strong> for XV Finance Commission Cycle (2021-22 to 2025-26)<\/strong>. The outlay<\/strong> of this scheme for the next five years will be Rs. 1575 crore.<\/strong><\/p>\n\n\n\n The Scheme of Assistance to National Sports Federations is the flagship Central Sector Scheme and the main source of funding for the preparation of national teams for all major national and international competitions. These include the Olympic Games, Para-Olympics, Asian Games, Commonwealth Games and other major international tournaments.<\/p>\n\n\n\n World Interfaith Harmony Week<\/strong> is an annual event observed during the first week of February (1-7 February)<\/strong>, after General Assembly designation in 2010.<\/strong> World Interfaith Harmony Week (WIHW), was conceived to promote cultural peace and nonviolence. The World Interfaith Harmony Week is based on the pioneering work of The Common Word initiative.<\/strong><\/p>\n\n\n\n The observation aims to promote harmony between all people regardless of their faith. It was proposed by King Abdullah II of Jordan at the United Nations in 2010.<\/p>\n\n\n\nIndia\u2019s first geo park to be set up in Jabalpur district of Madhya Pradesh<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nSpituk Gustor Festival observed in Ladakh<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nLt Gen GAV Reddy Succeeds Lt Gen KJS Dhillon As head of Defence Intelligence Agency<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nCRISIL projects India\u2019s GDP growth for FY22 at 9.2% and for FY23 at 7.8%<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nLIC ranked 10th most valued insurance brand globally: Brand Finance<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nPatanjali and PNB launches co-branded contactless credit cards in partnership with RuPay<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nGovernment approves continuation of Scheme of Assistance to National Sports Federations with an outlay of Rs. 1575 crore<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nWorld Interfaith Harmony Week: February 01-07<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\n
![\"Additional](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/02\/download-2022-02-03T115238.925.jpg\")
<\/figure>\n\n\n\n