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GK Update

Sat 15 Feb, 2025

NATIONAL NEWS

Mahakumbh in Prayagraj Sets World Record

  • The Mahakumbh in Prayagraj has created history by becoming the first event in the world where more than 50 crore people are direct participants.

International Women’s Conference

  • 10th International Women’s Conference was organised by the Art of Living at Bengaluru.

Kashi Tamil Sangamam 3.0

  • The third edition of the Kashi Tamil Sangamam, organized by the Ministry of Education in collaboration with various ministries and the Government of Uttar Pradesh, commenced at Varanasi in Uttar Pradesh.
  • Union Education Minister, Dharmendra Pradhan; Union Minister of State for Information and Broadcasting Dr. L. Murugan and Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the prestigious cultural event.

23rd Pune International Film Festival (PIFF)

  • The 23rd Pune International Film Festival (PIFF) jointly organised by the Pune Film Foundation and the Maharashtra government, inaugurated at at the Ganesh Kala Krida Manch, Pune.
  • ‘Celebrating the Showman’, is the theme of the festival which marks the birth centenary of veteran actor Raj Kapoor.

Examination of new Income Tax Bill 2025

  • Lok Sabha Speaker Om Birla has constituted a 31-member Select Committee to examine the new Income Tax Bill. The panel will be headed by BJP MP Baijayant Panda.

Articles Related to Passing of Bills in the Indian Constitution

Article Description
Article 107 introduction and passage of bills in Parliament
Article 108 Joint Sitting of both Houses 
Article 109 special procedure for Money Bills
Article 110 Defines what constitutes a Money Bill 
Article 111 Deals with the President’s assent to Bills

Platinum Jubilee celebrations of BIT Mesra

  • President Droupadi Murmu graced the Platinum Jubilee celebrations of Birla Institute of Technology BIT Mesra in Ranchi, Jharkhand.

Jharkhand

  • CM: Hemant Soren
  • Governor: Santosh Gangwar
  • Foundation Day: 15th November
  • Legislative Assembly Seats: 81
  • Lok Sabha Seats: 14
  • Rajya Sabha: 6
  • Temples: Jagannath Temple, Baidyanath Temple, Rajrappa Temple, Deori Temple
  • Waterfalls: Hundru falls, Jonha fall, Dassam fall, Panch Gagh fall, Hirni fall, Sila fall
  • Dams: Konar dam, Maithon dam, Tilaiya dam
  • Dances: Agni dance, Jhumar dance, Paika dance, Chhou dance, Santhal dance
  • Tribes: Mahli, Lohra, Karmali, Chik Baraik, Santhal, Munda, Oraon, Ho, Bhumij, Birhor, Korwa, Hill Kharia, Sauria Paharia

STATE SPECIAL

Ayushman Bharat Vay Vandana Scheme

  • Puducherry Lieutenant Governor K. Kailashnathan formally inaugurated Ayushman Bharat Vay Vandana Scheme officially launched in Puducherry.

About Scheme

Launched : 4th May, 2017

Implemented through: LIC (Life Insurance Corporation of India)

Provides pension benefits to senior citizens (60 years & above) Ministry: Ministry of Finance in collaboration with Ministry of Health & Family Welfare

The Punjab Financial Assistance to Acid Victims Scheme, 2024

  • Punjab government has made the “The Punjab Financial Assistance to Acid Victims Scheme, 2024” of financial assistance to Acid attack victims gender neutral and has also increased the monthly financial assistance to the victims from Rs. 8000 to Rs. 10,000.

Punjab

  • Foundation Day: 1 Nov 1966
  • Major Rivers: Sutlej, Ravi and Beas
  • CM: Bhagwant Mann
  • Bordering States: Jammu and Kashmir, Himachal Pradesh, Haryana and Rajasthan.
  • Governor: Gulab Chand Kataria
  • Festivals: Lohri, Baisakhi, Gurupurb
  • Ramsar Wetlands: Kanjli, Harike, Ropar

Global Investors’ Meet: Invest Karnataka 2025

  • The Karnataka government hosted four day “Global Investors’ Meet: Invest Karnataka 2025” in Bengaluru.

Karnataka

  • CM: Siddaramaiah
  • Governor: Thawar Chand Gehlot
  • Capital: Bengaluru
  • Karnataka State Day: 1 November

INTERNATIONAL NEWS

Munich Security Conference

  • The 61st Munich Security Conference (MSC) began at Munich in Germany, bringing together policymakers and experts to discuss pressing global security challenges.
  • The External Affairs Minister Dr S Jaishankar participated in the Think Tank Ananta Aspen Session at MSC 2025. The theme of the session was Coming of Age: Evaluating Rising India’s Security Challenges.

Germany

  • Capital: Berlin
  • Currency: Euro
  • Bordering Countries: Denmark, Netherlands, Belgium, Luxembourg, France, Switzerland, Austria, Czech Republic, Poland.

PM Modi meets Tulsi Gabbard

  • The Prime Minister Narendra Modi met newly-appointed US Director of National Intelligence Tulsi Gabbard during his concluded visit to the United States and discussed various aspect of India-US friendship.

ECONOMY & BANKING

India’s Forex Reserves Surge

  • According to the latest data released by the Reserve Bank of India (RBI), India’s foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February 7.

Forex Reserves of India

Components: Comprises Foreign Currency Assets (FCA), Gold Reserves, Special Drawing Rights (SDRs), and Reserve Tranche Position (RTP) in the IMF Authority Managing: Reserve Bank of India (RBI) manages India's Forex Reserves under Section 17(12) of the RBI Act, 1934 Purpose & Importance: Used for stabilizing the rupee, managing trade deficits, supporting monetary policy, and ensuring economic stability

BSNL registers profit

  • The Government-owned Bharat Sanchar Nigam Limited (BSNL) has registered a profit of 262 crore rupees in the third quarter of 2024-25 for the first time in 17 years.

BSNL

Founded: 15 September 2000 Headquarters: New Delhi  Chairman & MD: Robert Jerard Ravi

Administrator for New India Cooperative Bank

  • The Reserve Bank of India (RBI) has appointed Mr. Shreekant, former Chief General Manager of State Bank of India (SBI), as Administrator of New India Cooperative Bank Limited, Mumbai and superseded the bank’s Board of Directors for 12 months, citing poor governance.

RBI

  • Recommendation: Hilton Young Commission (1926)
  • Statutory basis: RBI Act, 1934
  • Estb: 1st April, 1935
  • HQ: Mumbai
  • Nationalised: 1949
  • First Governor: Osborne Smith (1935-37)
  • First Indian Governor: C.D. Deshmukh (1943-49)
  • Current Governor: Sanjay Malhotra

Bharat Tex 2025

  • Bharat Tex 2025 inaugurated at Bharat Mandapam in New Delhi becomes World’s Biggest Textile Fair with 6,000 Foreign Buyers.

AWARDS & HONOURS

Sportstar Aces Awards 2025

  • 2025 Sportstar Aces Awards held at the Taj Mahal Palace, Mumbai.
Award Awardee
Special Recognition Game Changer Jay Shah
Coach of the Year Jaspal Rana
Sportswoman of the Year (Para Sport) Avani Lekhara
Lifetime Achievement Gurbux Singh and Mary D’Souza Sequeira
Sportstar of the Year (Male) P.R. Sreejesh
National Team of the Year The Indian men’s and women’s chess teams
Sportstar of the Year (Female) Manu Bhakar
Club/State Team of the Year Mumbai Cricket Team

Pune International Film Festival (PIFF) Distinguished Award

  • Veteran actress Shubha Khote was honoured with the PIFF Distinguished Award for her outstanding contribution to Indian cinema.

SD Burman International Award

  • Kavita Krishnamurthy received the prestigious SD Burman International Award for creative music and sound.

ENVIRONMENT + SCIENCE & TECHNOLOGY

Climate Risk Index 2025

  • India is ranked the 6th most affected country during 1993-2022 in the Climate Risk Index 2025 Published by Germanwatch.
  • Assessment based on 3 hazard categories – hydrological, meteorological, and climatological.

Germanwatch

Founders: Michael Windfuhr, Klaus Milke Founded: 1991 HQ: Bonn and Berlin, Germany

India Energy Week 2025

  • Minister of Petroleum and Natural Gas Hardeep Singh Puri said that India Energy Week has established itself as the world’s second-largest energy platform.
  • The next edition of India Energy Week is scheduled to take place in Goa.

Small Satellite Launch Vehicle (SSLV)

  • Indian conglomerate Adani Group is a finalist, alongside two government-linked groups, to take over private production of India’s Small Satellite Launch Vehicle (SSLV).
  • The SSLV, developed by the Indian Space Research Organisation (ISRO), is a low-cost vehicle capable of deploying satellites of up to 500 kg (1,100 pounds) into Low-Earth Orbit (LEO).

ISRO

Estb: 15 Aug 1969 HQ: Bengaluru Chairman: V Narayanan

TOI-6038A b

  • Scientists at Physical Research Laboratory (PRL), Ahmedabad discovered TOI-6038A b, a dense sub-Saturn size with a mass of 78.5 Earth masses and a radius of 6.41 Earth radii in a wide binary system using PARAS-2 Spectrograph at Mt Abu Telescope, Gurushikhar.

Sport News

Prize money for the 2025 Champions Trophy

  • The International Cricket Council (ICC) has announced prize money for the 2025 Champions Trophy starting on February 19 in Pakistan.
  • The winners will earn US 2.24 million dollar, while the runners-up will get US 1.12 million dollar. Losing semi-finalists will receive 560,000 dollar each.

International Cricket Council (ICC)

Estb: 1909 HQ: Dubai, UAE Chairman: Jay Shah

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