Daily Current Affairs – 3 February 2022 | Gkseries 

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 3 February 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

Daily Current Affairs 3 February 2022

Andhra Pradesh Social activists builds Gandhi Mandiram and Smruthi Vanam at Srikakulam

Andhra Pradesh Social activists builds Gandhi Mandiram and Smruthi Vanam at Srikakulam

Social activists have built a temple for Mahatma Gandhi and freedom fighters’ Smrithi Vanam at the Municipal Park in Srikakulam, Andhra Pradesh 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.

The statue of Mahatma Gandhi at Gandhi Mandiram along with the statues at Smrithi Vanam were unveiled on the eve of Gandhiji’s 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.

Important takeaways for all competitive exams: 

  • Andhra Pradesh Capitals: Visakhapatnam (executive capital), Kurnool (judicial capital), Amaravati (legislative capital.);
  • Andhra Pradesh Governor: Biswabhusan Harichandan;
  • Andhra Pradesh Chief minister: Y. S. Jaganmohan Reddy.

India’s first geo park to be set up in Jabalpur district of Madhya Pradesh

India’s first geo park to be set up in Jabalpur district of Madhya Pradesh

The Geological Survey of India (GSI) has approved the setting up of the country’s 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 Geological Survey of India (GSI). The estimated cost of setting up the project is Rs 35 crore.

Spituk Gustor Festival observed in Ladakh

Spituk Gustor Festival observed in Ladakh

Spituk Gustor Festival, is a two-day annual celebration of Ladakhi culture and traditional heritage celebrated on 30th & 31st January 2022 in Leh and Ladakh Union Territory. To witness the colourful festivities, devotees arrive at the Spituk Monastery every year and attend the colourful mask dance locally called “Chams”.

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.

The term Gustor literally means ‘Sacrifice’ 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. Cham Dance is a colourful mask dance performed by the monks of the Spituk monastery, located in Leh district, in their best robes depicting different deities.

Lt Gen GAV Reddy Succeeds Lt Gen KJS Dhillon As head of Defence Intelligence Agency

Lt Gen GAV Reddy Succeeds Lt Gen KJS Dhillon As head of Defence Intelligence Agency

Lt Gen GAV Reddy (Lieutenant General GAV Reddy to the Defense Intelligence Agency (Defence Intelligence Agency) has been appointed as the new chief. He was Lieutenant General KJS Dhillon (Lt Gen KJS Dhillon), who retired Monday.

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.

CRISIL projects India’s GDP growth for FY22 at 9.2% and for FY23 at 7.8%

CRISIL projects India’s GDP growth for FY22 at 9.2% and for FY23 at 7.8%

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.

Rating Agency CRISIL has made the following projections for the GDP growth rate of India:

  • For 2021-22 (FY22) = 9.2%
  • For 2022-23 (FY23)= 7.8%

LIC ranked 10th most valued insurance brand globally: Brand Finance

LIC ranked 10th most valued insurance brand globally: Brand Finance

As per a brand valuation report released by Brand FinanceLife Insurance Corporation has been ranked at 10th in the list of insurance brands globally. Ping An Insurance of China is at the top.

Life Insurance Corporation, which is bound for the nation’s 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.

Patanjali and PNB launches co-branded contactless credit cards in partnership with RuPay

Patanjali and PNB launches co-branded contactless credit cards in partnership with RuPay

Punjab National Bank (PNB) and Patanjali Ayurved Limited (PAL) have launched co-branded contactless credit cards in partnership with the National Payments Corporation of India (NPCI). 

The cards will be offered on the RuPay Platform of NPCI. The co-branded Rupay contactless credit cards are available in two variants which includes PNB RuPay Platinum and PNB RuPay Select.

Government approves continuation of Scheme of Assistance to National Sports Federations with an outlay of Rs. 1575 crore

Government approves continuation of Scheme of Assistance to National Sports Federations with an outlay of Rs. 1575 crore

Central Government has approved the continuation of Scheme of Assistance to National Sports Federations (NSFs) for XV Finance Commission Cycle (2021-22 to 2025-26). The outlay of this scheme for the next five years will be Rs. 1575 crore.

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.

World Interfaith Harmony Week: February 01-07

World Interfaith Harmony Week:

World Interfaith Harmony Week is an annual event observed during the first week of February (1-7 February), after General Assembly designation in 2010. 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.

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.

Theme in 2022 is Faith and spiritual leadership to combat stigma and conflict during pandemic recovery.

Additional Solicitor General Rupinder Singh Suri passes away

Additional Solicitor General Rupinder Singh Suri passes away

Senior advocate and Additional Solicitor General (ASG) Rupinder Singh Suri has passed away. He was appointed the ASG in June 2020. He was designated as a senior advocate in 2009 and also served as the President of the Supreme Court Bar Association and the Supreme Court Advocates on Record Association.

Mr Suri was appointed as the ASG in on 30 January 2020 for a period till 29 June 2023.

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