Weekly One Liners 21st to 27th of February 2022

Weekly One Liners 21st to 27th of February 2022

THE CONFLICT OF UKRAINE-RUSSIA • This isn't the first time that conflicts between Russia
EXPLAINED and Ukraine have erupted. Russia had previously
invaded Ukraine in 2014, it happened when pro-Putin
The attack on Ukraine by Russia is potentially the onset
separatists captured major swaths of eastern Ukraine,
of war in Europe on top of Russia's behest for an end to
and they have been fighting the Ukrainian army since
NATO's eastward expansion. The launch of the major
the invasion. Russia also annexed Crimea at that time.
invasion by Russia on Ukraine, that started with air and
• Ukraine has extensive social and cultural ties with
missile assaults on Ukrainian military targets before
Russia, and Russian is widely spoken there, but those
sending troops and tanks across the country's northern,
ties have deteriorated since Russia invaded Ukraine in
eastern, and southern borders. On many fronts, the
2014.
Ukrainian military fought back. In a video speech
delivered early Friday, February 25, President • When Ukraine's pro-Russian president lost in early
Volodymyr Zelenskyy announced that 137 people had 2014, Russia came to an offensive. It is estimated that
been killed, including troops and civilians, and that more than 14,000 people have died as a result of the
hundreds more had been injured. continuous war happening in the east.
Background: • The Minsk peace agreement was signed by Russia and
Since the invasion of Crimea in 2014, Ukraine has been Ukraine to end the ongoing violent armed conflict
living in fear of war with Russia for nearly eight years. which was going on in east Ukraine, including Donbas
Russia and Ukraine have been at odds for a long time, region. However, as the armed conflict continues,
with Russia claiming Ukraine as a part of its country and Russia said that it will be sending "peacekeepers" to
opposing Ukraine's developing ties to the West. Russian the affected region. According to the , Moscow is using
President Vladimir Putin wants to recapture the former it as a cover to occupy sovereign Ukrainian country.
Soviet Union Republic. • The rising tension between Russia and Ukraine, which
He requested that the Ukrainian military put down their shares a border with the European Union, has
weapons. Prior to its cessation in 1991, Russia and ramifications for the European Union. This is why the
Ukraine were both members of the Union of Soviet European Union has joined the US in declaration of
Socialist Republics (USSR), which consisted of 15 the penalties against Russian firms, the majority of
republics. which the NATO members.
• Just a few weeks back, French President Emmanuel
Genesis of the Conflict:
Macron had travelled to Moscow to meet with Russian
• The heat between Russia and Ukraine, a former Soviet
President Vladimir Putin in an effort to calm down the
republic, have existed for a decent amount of time,
ongoing tensions.
they began to escalate out of control in early 2021.
• India is also suggesting for a diplomatic solution,
Volodymyr Zelenskyy, Ukraine’s President hinted the
through talks to the present Russian-Ukraine violent
US President Joe Biden to allow Ukraine to join the
conflict.
NATO forces in January of last year.
• This Russia is highly infuriated , which began sending
soldiers near the Ukrainian border for "training
exercises" in the spring of last year and boosted the
number in the fall. The US began to hype that there is
a deployment of Russian troops, and Vice President
Joe Biden had threatened Russia with heavy sanctions
if Russia attacked Ukraine.
• Russia wants a legally enforceable promise from the
US that NATO forces will not conduct any military
operations in eastern Europe, especially in Ukraine.
According to the Russian President, Vladimir Putin,
Ukraine is merely a puppet of the US and was never a
real sovereign country in the first place.

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 Weekly One Liners 21st to 27th of February 2022
Dadasaheb Phalke International Film Festival Winter Olympics Games 2022 in Beijing
Awards 2022 concludes
The prestigious ceremony of Dadasaheb Phalke
The closing ceremony of the 2022 Beijing Winter
International Film Festival Awards 2022 was held on
February 20. The event was held in Mumbai and the best Olympic Games was held on February 20, 2022, at
performances from last year were honoured in the event National Stadium (known as the Bird’s Nest) in
this time. This year Dadasaheb Phalke International Film Beijing. The 2022 Winter Olympics in Beijing, China, was
Festival Awards 2022 celebrated the opulence of Indian held from 4 to 20 February 2022. The Games featured a
Cinema and also commemorated the 75 years of record 109 events across 15 disciplines in 7 sports. The
Independence or Azadi ka Amrit Mahotsav. venues of the Games were distributed across three zones-
Best Film, Best Actor, Best Actress, Best Supporting Role,
and Best Negative Role, were among the other titles that Beijing, Yanqing and Zhangjiakou. The Presidency of the
were given to the personalities of the Indian film Games was formally handed over to Milan and Cortina
fraternity. d’Ampezzo, in Italy, to host the 2026 Winter Olympics.
Here is a complete list of winners of Dadasaheb The top country in Winter Olympics 2022 in Beijing:
Phalke International Film Festival Awards 2022: • Norway has topped the medal table for the second
• Film of the Year Award: Pushpa: The Rise
successive Winter Olympics, winning a total of 37
• Best Film Award: Shershaah
• Best Actor Award: Ranveer Singh for film 83 medals, including 16 golds. This is a new record for
• Best Actress Award: Kriti Sanon for film Mimi the most amount of gold medals won at a single
• Outstanding Contribution to Films: Asha Parekh Winter Olympics.
• Critics Best Actor Award: Sidharth Malhotra • Germany finished second with 27 medals overall,
• Critics Best Actress Award: Kiara Advani while the host nation China finished third with 15
• Best Actor in Supporting Role Award: Satish Kaushik medals.
for film Kaagaz
India at the 2022 Winter Olympics:
• Best Actress in Supporting Role Award: Lara Dutta for
film Bell-Bottom • The Indian team at the game was represented by one
• Best Actor in Negative Role Award: Aayush Sharma male alpine skier, Arif Khan.
for film Antim: The Final Truth • He was the country’s flagbearer during the opening
• People’s Choice Best Actor Award: Abhimanyu Dasani ceremony, meanwhile, a volunteer was the flagbearer
• People’s Choice Best Actress Award: Radhika Madan during the closing ceremony. India could not win any
• Best Debut Award: Ahan Shetty for film Tadap
medal at the games.
• Best Playback Singer Male Award: Vishal Mishra
• Best Playback Singer Female Award: Kanika Kapoor
• Critics Best Film Award: Sardar Udham Singh International IP Index 2022: India ranks 43rd
• Best Director Award: Ken Ghosh for film State of
Siege: Temple Attack India has improved its overall IP score from 38.4 per cent
• Best Cinematographer Award: Jayakrishna Gummadi to 38.6 per cent, and the country is ranked 43 out of 55
for film Haseena Dilruba countries on the International Intellectual Property
• Best International Feature Film Award: Another Index 2022. This index was released by the Global
Round Innovation Policy Center of the U.S. Chamber of
• Best Short Film Award: Pauli
Commerce. In July 2021, the Parliamentary Standing
• Best Actor in Web Series Award: Manoj Bajpayee for
The Family Man 2 Committee on Commerce released a Review of the
• Best Actress in Web Series Award: Raveena Tandon Intellectual Property Rights Regime in India. This review
for Aranyak is a welcome development and offers a comprehensive
• Best Web Series Award: Candy and detailed study of the strengths and weaknesses of
• Best Actor in Television Series Award: Shaheer Sheikh India’s national IP environment.
for Kuch Rang Pyar Ke Aise Bhi
• Best Actress in Television Series Award: Shraddha The top five countries in the ranking are:
Arya for Kundali Bhagya • Rank 1- United States
• Television Series of the Year Award: Anupama • Rank 2- United Kingdom
• Most Promising Actor in Television Series Award: • Rank 3- Germany
Dheeraj Dhoopar for Kundali Bhagya
• Rank 4- Sweden
• Most Promising Actress in Television Series Award:
Rupali Ganguly for Anupama • Rank 5- France

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 Weekly One Liners 21st to 27th of February 2022
National Affairs • Prime Minister Narendra Modi has inaugurated the
‘Kisan Drone Yatra’, an initiative by Garuda
• The Government of India, the State Governments Aerospace Pvt Ltd and flagged off 100 ‘Kisan
of Karnataka and Odisha and the World Bank have Drones’ in various cities and towns across India to
signed a $115 million (INR 869 crore) Rejuvenating spray pesticides in farms across the states of India.
The 100 Kisan Drones were set off in 100 villages in
Watersheds for Agricultural Resilience through
16 states across India which includes Uttar Pradesh,
Innovative Development (REWARD) Programme. Punjab and Goa.
This programme will help national and state • Giriraj Singh, who is the Union Minister for Rural
institutions adopt improved watershed management Development and Panchayati Raj, has released the
practices to help increase farmers’ resilience to Rural Connectivity GIS Data in Public Domain. This
data includes the GIS data for more than 8 lakh rural
climate change, promote higher productivity and
facilities which have been collected and digitised
better incomes. using the GIS platform developed for the PM-GSY
• The government of India will be promoting the scheme.
‘Heal by India’ initiative to improve India’s • The Indian Institute of Technology will establish its
educational institutions in the health sector. ‘Heal by first branch outside India in the United Arab
Emirates (UAE) as part of the India-UAE trade deal
India’ initiative is meant to generate job opportunities
signed. The Comprehensive Economic Partnership
abroad for India’s trained professionals in the health Agreement (CEPA) signed between the UAE and
sector and enhance education to churn out quality India will usher in a new phase of joint strategic
human resources in health, thus helping them become cooperation in all sectors.
eligible to work anywhere in the world. • Jal Jeevan Mission has achieved the significant
milestone of providing tap water to every home of
• Prime Minister Narendra Modi has inaugurated a
100 districts across the country. Chamba, in
550-tonne capacity “Gobar-Dhan (Bio-CNG) Plant” Himachal Pradesh, has become the 100th ‘Har Ghar
in Indore, Madhya Pradesh, through video Jal’ district, the fifth aspirational district to be
conferencing. This is the biggest Bio-CNG plant in covered under the initiative. The other four Har Ghar
Asia. It has been set up at a cost of Rs 150 crore. The Jal Aspirational districts are Bhadradri Kothgudem,
Jayashankar Bhupalpalli, Komram Bheem
gobardhan plant is based on the concept of waste-to-
Asifabad (all in Telangana) and Mewat in Haryana.
wealth innovation. Wet urban household waste and • Sarbananda Sonowal who is India’s union Minister
waste from cattle and farm is Gobar Dhan. for Ports, Shipping and Waterways and AYUSH has
• Union Minister of State for Health and Family Welfare, inaugurated Nikarshan Sadan” – The Dredging
Bharati Pravin Pawar has inaugurated India’s first Museum at DCI campus in Vishakhapatnam. This
museum displays models of different types of
Biosafety level-3 containment mobile laboratory
dredgers, vintage photos & historical milestones
in Nashik, Maharashtra. The mobile laboratory will from the Eastern Port City of Vizag.
help to investigate newly emerging and re-emerging • Minister of State for Culture & External Affairs,
viral infections, by specially trained scientists from Meenakashi Lekhi has released a signature tune for
ICMR. ‘Vande Bharatam’. The tune is composed by Grammy
Award winner Ricky Kej and Oscar contender
Bickram Ghosh. It was produced for Vande
Bharatam, Nritya Utsav of Ministry of Culture
presented at Rajpath, New Delhi for Republic Day
event 2022. It was followed by the fascinating live
performance by composers of Vande Bharatam song
Ricky Kej and Bikram Ghosh.
• Union Minister for Rural Development and Panchayati
Raj, Giriraj Singh has launched Ombudsperson App
for Mahatma Gandhi NREGA. Ministry of Rural
Development has developed an Ombudsperson App
for smooth reporting and categorization of grievances
by Ombudsperson based on complaints he received
from various sources viz. physical, digital and mass
media, related to the implementation of the Mahatma
Gandhi NREG Scheme in the States/UTs.
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 Weekly One Liners 21st to 27th of February 2022
• Union Minister for Micro, Small & Medium • Nagaland is all set to host the South Asian Athletic
Enterprises (MSME), Narayan Rane has announced Federation (SAAF) cross country championship and
the establishment of MSME-Technology Centre with 56th National Cross-Country athletics
an outlay of Rs. 200 Crore, in Sindhudurg, championships from 26th of next month in Kohima.
Maharashtra. The MSME-Technology Centre will Meanwhile, the official mascot of the South Asian
provide the best of technology, incubation as well as Cross Country Championships and 56th National
advisory support to the industry, especially MSMEs, to Cross Country is a joyous happy running ‘Hornbill’.
enhance their competitiveness and provide skilling The name of the Mascot is Akimji – a connotation of
services for the employed and unemployed youth of the word AMBITION derived from Sumi dialect of
the area to enhance their employability. Naga tribe which exemplifies the ambition of the new
generation of Naga youth.
States in the News
• Northern States Mizoram and Arunachal Pradesh
International Affairs
celebrate their Foundation Day on February 20, • French president, Emmanuel Macron has announced
since 1987. Arunachal Pradesh is the extreme that France and its European partners will start the
northern part of the country, which is also known as military withdrawal from Mali after more than nine
the ‘land of the rising sun’. The state at the edge of years fighting a jihadist insurgency.
the Himalayas is proud to be called the land of dawn • Israel successfully tested a new naval air defence
and lit mountains. Arunachal Pradesh became the system “C-Dome,” to be used on the Israeli Navy’s
24th state of India. Sa’ar 6-class corvettes. C-Dome is the naval version
• Madhya Pradesh Governor, Mangu Bhai Patel has of the Iron Dome, an all-weather air defence system of
inaugurated the 48th ‘Khajuraho Dance Festival- Israel to intercept and destroy short-range rockets
2022’ at world-famous tourist destination Khajuraho and missiles, from the Gaza Strip.
on the occasion of ‘Azadi Ka Amrit Mahotsav’. The • Russian President, Vladimir Putin has recognised the
event will be organized till 26 February. This year a independence of separatist regions in eastern Ukraine
5-km ‘Dil Khel Ke Ghoomo’ marathon was also – Donetsk and Luhansk. Putin’s announcement
organized under the banner of ‘Safe Tourism Project paved the way for Russia to openly send troops and
for Women’ at the event. It aims to create a sense of weapons to the long-running conflict pitting
security among women in tourist destinations with Ukrainian forces against Moscow-backed rebels.
the slogan ‘Hindustan Ke Dil Mein Aap Safe Hain’. Russian-backed rebels have been fighting Ukrainian
• Himachal Pradesh gets the first biodiversity park troops in Donetsk and Luhansk since 2014, with
to make its contribution towards the conservation of regular violence despite a ceasefire agreement.
endangered Himalayan herbs. This park is set to
come up at Mandi’s Bhulah valley. With the cost of
Agreements/MoUs Signed
Rs 1 crore, the biodiversity park is set up under the
National Mission on Himalayan Studies (NMHS) by • TransUnion CIBIL has partnered with the
HP’s forest department. Federation of Indian Chambers of Commerce &
• International Chess Player woman FIDE Masters, Industry (FICCI) to launch a unique nationwide
Tanishka Kotia and her sister Riddhika Kotia are MSME consumer education program to support
appointed as Brand Ambassadors of ‘Beti Bachao MSME. This program will kick off with MSME clusters
Beti Padhao’ scheme for the Gurugram District of in Maharashtra, Assam and Tripura and aims to
Haryana. Tanishka Kotia won the Limca Book of reach thousands of MSMEs across key MSME clusters
Records for being the youngest chess player in 2008. in India.
They belong to the Haryana state. • India and France have inked a roadmap to enhance
• Chief Minister of Assam, Himanta Biswa Sarma has their bilateral exchanges on the blue economy and
launched India’s first Night Navigation mobile ocean governance. Dr S Jaishankar is on a three-
application for ferry services on the Brahmaputra day visit to France, from February 20 to 22, 2022, to
River in Guwahati, Assam. It was developed by the attend EU Ministerial Forum for Cooperation in the
State Transport Department in association with K Indo-Pacific scheduled for February 22. The
Raju, the principal scientist of IIT Madras. The first agreement on ‘Roadmap on Blue Economy and Ocean
night journey of the IWT (Inland Water Transport) Governance’ was signed between India’s External
ferry between Guwahati and North Guwahati was Affairs Minister Dr. S Jaishankar’s and his French
started on 19 February 2022. counterpart Jean-Yves Le Drian.
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 Weekly One Liners 21st to 27th of February 2022
• During the ‘Huddle Global 2022’, the Kerala Startup • A new book titled ‘’The Founders: The Story of
Mission (KSUM) has entered into a collaboration Paypal and the Entrepreneurs Who Shaped Silicon
with technology major Google that will enable start- Valley ’’, authored by Jimmy Soni and published by
ups in the State to join a wider global network that Simon & Schuster released soon. It highlights the
provides mentorship and training. This wider story of multinational digital-payments company
network enables local startups to leverage Google’s PayPal and how it covered the journey of a start-up
programme comprising mentorship and training of that turned into one of the most successful companies
of all time, worth over USD 70 billion today.
startup teams to help scale up their solutions.
• Indian author, Anirudh Suri has come out with his
• World Economic Forum (WEF) and the National
new book titled “The Great Tech Game: Shaping
Institute of Urban Affairs (NIUA) have signed a
Geopolitics and the Destinies of Nations.’ It has
Memorandum of Understanding (MoU) to been published by HarperCollins India. In this book,
collaborate on a jointly designed ‘Sustainable Cities the author lays out a roadmap for how any country
India program’. The program aims to create an must develop its own strategic plan to succeed in this
enabling environment for cities to generate technology-dominant era.
decarbonization solutions across the energy,
transport, and built environment sectors. Banking/Economy/Business News
• State Bank of India (SBI), Punjab National Bank
Books and Authors
(PNB), Bank of Baroda (BoB), Union Bank of India
• The book titled “A Nation To Protect” authored by (UBI), Canara Bank, and Bank of Maharashtra
Priyam Gandhi Mody was launched by Union Health (BoM) have announced their subscription to the
Minister Mansukh Mandaviya. The book highlights shares of India Debt Resolution Company Ltd
the role of PM Narendra Modi during the Covid crisis (IDRCL). Public Sector Banks (PSBs) and Public FIs
will hold a maximum of 49% in stake of IDRCL while
in the past two years. The book documents the
the remaining stake will be with private-sector
Centre’s leadership in this unprecedented time and
lenders. The NARCL has been incorporated under the
how it tided the nation through the crisis.
Companies Act, and public sector banks will hold 51
• The book titled “A History of Sriniketan: per cent in NARCL.
Rabindranath Tagore’s Pioneering Work in Rural • Mastercard, as an extension of its flagship campaign
Construction” was authored by Uma Das Gupta and ‘Team Cashless India’ along with State Bank of India
published under Niyogi Books ‘Paper Missile’ Payments partnered with the in Lucknow, Guwahati
released. The book contains Nobel laureate and Varanasi to boost the digital payments
Rabindranath Tagore’s work in ‘village infrastructure. During these engagements, Mastercard
reconstruction’ by setting up ‘Sriniketan’, a wing of his Team Cashless India volunteers and SBI Payments
Visva Bharati International University at Santiniketan spoke to micro-merchants about the convenience,
in 1922, which is also popularly known as a university safety, and other benefits of accepting digital
town. It is situated in West Bengal. payments.
• Reserve bank of India (RBI) has cautioned the
public against carpooling app sRide. The caution
against sRide App, stating that this firm was operating
a semi-closed pre-paid instrument, without receiving
authorization from the central bank, under Payment
and Settlement Systems Act, 2007.
• The Reserve Bank of India (RBI) has announced a
US Dollar/Rupee two-year sell-buy swap auction
with a view to elongating the maturity profile of its
forward book and smoothening the receivables
relating to forwarding assets. The Central bank will
undertake a sell/buy swap auction of $5 billion, which
will enable access to a wider set of market
participants.

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 Weekly One Liners 21st to 27th of February 2022
• On 24th of February 2022, the Reserve Bank of • The Union Bank of India has launched the ‘Union
India (RBI) announced that it had cancelled the MSME RuPay Credit Card’ in association with the
certificate of registration which was issued to PC National Payments Corporation of India (NPCI). It
Financial that uses an app called Cashbean to carry is a first of its kind initiative in the industry, to
provide simplified and digital delivery of Finance to
out the lending operations. This is the first time a
Micro, Small & Medium Enterprises (MSMEs), to meet
regulatory action has been taken against an
their business-related operational expenses.
organisation in response to a surge in complaints • Brickworks Ratings has revised downwards India’s
about multiple digital lenders’ usurious and unjust GDP growth forecast to 8.3 per cent in the current
recovery tactics. fiscal 2021-22 (FY22). Earlier in January 2022, the
• The Reserve Bank of India recently directed to all rating agency had estimated this between 8.5-9 per
the non-banking financial companies (NBFCs) – in cent. Brickwork Ratings is one of the seven Sebi-
the middle and upper layers with 10 or more ‘Fixed registered credit rating agencies (CRA).
point service delivery units’ as of October 1, 2022 • Global banking group Standard Chartered has
must implement Core Financial Services Solution partnered with the International Air Transport
Association (IATA) to launch a payment platform for
(CFSS) by September 30, 2025, similar to the Core
the airline industry in India. IATA Pay will be a new
Banking Solution (CBS) used by banks. payment option that enables participating airlines to
• Telecom operator, Bharti Airtel Ltd has announced offer instant payment options such as UPI Scan and
that it has joined South East Asia–Middle East– Pay and UPI Collect (Request to Pay). Standard
Western Europe 6 (SEA-ME-WE-6) undersea cable Chartered will be supporting the rollout of IATA Pay
consortium, in a bid to scale up its high-speed global in other markets as well.
network capacity and serve India’s fast-growing • Bharti Airtel has decided to acquire an additional 4.7
digital economy. It shall be anchoring 20 per cent of per cent stake in Indus Towers from Vodafone
the overall investment in the cable system. Group, the company announced. The two companies
signed an agreement on the condition that Vodafone
• Tata Power has collaborated with Germany-based will use the proceeds to invest in Vodafone Idea (Vi)
RWE Renewable GmbH to explore the potential for and the latter will clear its pending dues with Indus
joint development of offshore wind projects in India. Towers.
A Memorandum of Understanding (MoU) in this
regard was signed between Tata Power Renewable Appointments/Resignations
Energy Limited, a wholly-owned subsidiary of Tata
• Table Tennis player, Manika Batra was named as the
Power, and RWE, one of the world’s leaders in brand ambassador of Adidas. The partnership
offshore wind. focuses on empowering women to realize their
• Paytm Payments Bank Limited has announced that dreams, cheering for women to break barriers and
it is an official acquiring partner for ‘e-RUPI boosting participation in sports.
vouchers’. e-RUPI, which is a government initiative, • International Olympic Committee (IOC) Athletes’
is a cashless prepaid voucher that beneficiaries can Commission re-elected ice hockey player Emma
present via SMS or QR Code. Paytm’s merchant Terho of Finland as its Chair and table tennis player
partners can then scan, enter the amount to be paid Seung Min Ryu of the Republic of Korea as its First
Vice-Chair. The commission also elected cyclist Sarah
and receive the payment directly in their bank
Walker of New Zealand as the second VC of the
account. Commission.
• India Ratings has revised downwards its GDP growth • Japanese auto major Honda Motor Co. Ltd. has
forecast for 2021-22 to 8.6 per cent from the announced the appointment of Takuya Tsumura as
consensus 9.2 per cent projected earlier. According the new President & CEO of Honda Cars India Ltd
to an India rating analysis, National Statistical (HCIL) with effect from 1 April 2022. The
Organisation (NSO) is likely to peg the FY22 real gross appointment comes as part of the management
domestic product growth at Rs 147.2 lakh crore. changes announced annually by the company.
• Moody’s has revised India’s economic growth • The Centre government has nominated Sanjay
Malhotra, Secretary, Department of Financial
estimates in the Current Year 2022 upwards to 9.5
Services (DFS), Ministry of Finance, as a Director on
per cent from 7 per cent on stronger than expected the Central Board of Reserve Bank of India (RBI). The
recovery after a lockdown in 2020 and Covid-19’s nomination of Malhotra, a 1990 batch IAS officer of
Delta wave in 2021. It maintained a forecast for 5.5 Rajasthan cadre, is effective from February 16, 2022,
per cent growth in CY2023. and until further orders.
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 Weekly One Liners 21st to 27th of February 2022
• Executive Director of the Indian Rubber Board, K.N. Defence News
Raghavan has been elected the new Chairman of the
• The Indian Air Force (IAF) and Royal Air Force of
International Rubber Study Group (IRSG). He will
Oman (RAFO) have organised a bilateral air exercise
officiate as Chairman of the group for the next two
named Eastern Bridge-VI from February 21 to 25,
years. He will preside over the meeting of the heads of
2022 at Air Force Station Jodhpur in Rajasthan.
delegation scheduled for March 31 at Singapore.
Eastern Bridge-VI is the sixth edition of the exercise.
• Finance Ministry’s Principal Economic Advisor,
The exercise will provide an opportunity to enhance
Sanjeev Sanyal has been inducted as a full-time
operational capability and interoperability between
member of the Economic Advisory Council to the
the two Air Forces.
Prime Minister (EAC-PM), the panel’s chairman
• Indian Air Force will participate in a multi-nation air
Bibek Debroy announced. The appointment is for a
exercise named ‘Exercise Cobra Warrior 22’ at
tenure of two years. Waddington, in the United Kingdom from March 06
• Hindustan Unilever Ltd (HUL) has announced the to 27, 2022. IAF Light Combat Aircraft (LCA) Tejas
separation of the position of Chairman of the Board will participate in the exercise along with fighter
and the CEO & Managing Director of the company. aircraft of the UK and other leading Air Forces.
Nitin Paranjpe has been appointed as the Non- • The Indian Navy has received the 12th anti-
Executive Chairman of the company with effect from submarine warfare aircraft P-8I from the US-based
March 31, 2022. He is currently serving as Chief aerospace company Boeing. This is the fourth of four
Operating Officer of Unilever, the parent company of additional aircraft, for which the contract was signed
HUL. Sanjiv Mehta will continue to be the Chief in 2016. The Ministry of Defence had signed a
Executive Officer & Managing Director (CEO & MD) of contract for eight P-8I aircraft in 2009. However, later
the company. in 2016, it signed a contract for four additional P-8I
• Industrial Development Bank of India (IDBI Bank) has aircraft.
informed the stock exchanges that its board has • Three more Rafale fighter aircraft landed in India
approved the reappointment of Rakesh Sharma as from France, with Indian specific enhancements.
the managing director and chief executive officer With this new arrival of the three jets, the total Rafale
of the bank for a period of three years, effective March fleet with Indian Air Force (IAF) has reached 35. The
19, 2022. Sharma’s reappointment as the MD&CEO of 36th and final aircraft will arrive in India from France
the bank has received the banking regulator, Reserve by March- April 2022, and will be a trainer aircraft.
Bank of India’s (RBI) nod. • The latest edition of the Indian Navy’s multilateral
• Dish TV India, has announced the appointment of exercise MILAN 2022 is commencing from 25 Feb 22
Indian cricketer Rishabh Pant as brand ambassador. in the ‘City of Destiny’, Visakhapatnam. MILAN 22 is
Pant will feature in the brand’s 360-degree being conducted over a duration of 9 days in two
communication for the next two years. phases with the harbour phase scheduled from 25 to
• 1995-batch IAS officers and Digital India Corporation 28 February and Sea Phase from 01 to 04 March.
CEO, Abhishek Singh as new National e- • Chief of Army Staff General MM Naravane has
Governance Division chief. The 1995-batch IAS presented Presidential Colours to four parachute
officer from Nagaland cadre will hold the position in battalions at Parachute Regiment Training Centre
the rank and pay of Additional Secretary. in Bengaluru. The four battalions are the 11 Para
(Special Forces), 21 Para (Special Forces), 23
Para, and 29 Para battalions. The award of
President’s Colours or the ‘Nishan’ is one of the
highest honours bestowed upon a military unit in
recognition of its exceptional service to the nation,
both during the war and in peace.
• The third edition of the joint military exercise “EX
DHARMA GUARDIAN-2022” between India and
Japan will be conducted from 27 February to 10
March 2022, at Belagavi (Belgaum), Karnataka. The
15th Battalion the Maratha Light Infantry Regiment
of the Indian Army and 30th Infantry Regiment of
Japanese Ground Self Defence Forces (JGSDF) are
participating in this 12 days long joint exercise.

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 Weekly One Liners 21st to 27th of February 2022
Awards and Recognitions • Securities and Exchange Board of India (Sebi) has
reconstituted its alternative investment policy
• Microsoft founder and philanthropist, Bill Gates has
advisory committee, which advises the capital
been conferred with Hilal-e-Pakistan, the second-
markets regulator on a range of issues that impact
highest civilian honour in the country, for his efforts
further development of the (Alternative Investment
to help eradicate polio in Pakistan. Gates is on a
day-long visit to Pakistan and has met with Pakistan Fund) AIF space. The committee has now 20
Prime Minister Imran Khan. He also visited the members. The panel, which was constituted by Sebi in
National Command and Control Centre (NCOC) that March 2015, earlier had 22 members. Till now, the
oversees efforts to curb Covid-19. committee has submitted three reports on the AIF
• Maharatna company of the Government of India, Coal industry.
India Limited has been awarded the ‘India’s Most • The PM Cares for Children Scheme has been
Trusted Public Sector Company’ award. Coal India extended by the Ministry of Women and Child
received this honour at the “Energy Meet and Development of the Government of India till
Excellence Award” function organized by Industry February 28, 2022. Previously, the scheme was
Chamber “ASSOCHAM” in Kolkata. The company has applicable till December 31, 2021. A letter has been
got this honour at a time when Coal India has not written in this respect to all Principal Secretaries/
allowed the situation of power crisis in the country by Secretaries, Women and Child Development, Social
significantly increasing coal production and supply in Justice & Empowerment Departments of all States and
the last few months to meet the increased demand for UTs, with a copy to all District Magistrates/District
coal for the power sector. Collectors.
• About 11.78 crore farmers as of February 22, 2022,
Summits and Conferences News have been benefitted under the PM Kisan scheme.
• Archaeological Survey of India (ASI) of Ministry of The amount worth Rs1.82 lakh crore have been
Culture, Government of India is organizing a two- disbursed to eligible beneficiaries across India in
day international conference ‘Devayatanam – An various intervals. During the current Covid 19
odyssey of Indian temple architecture on 25th – epidemic period, Rs. 1.29 lakh crore has been
26th February 2022 at Hampi, Karnataka. The Union released.
Minister for Culture, Tourism and DoNER, G Kishan
Reddy inaugurates the conference. The conference Science and Technology News
aims to deliberate upon the philosophical, religious,
social, economic, technical, scientific, art and • The Drugs Controller General of India (DCGI) has
architectural aspects of the temple. It also intends to approved the Corona Vaccine Biologicals E Ltd’s
initiate a dialogue on the evolution and development Corbevax for children in the age group of 12 to 18
of the various styles of temple architecture such as years. Hyderabad-based pharmaceutical company
the Nagara, Vesara, Dravida, Kalinga and others. Biological E Ltd said its coronavirus vaccine Corbevax,
is also India’s third homegrown vaccine. Bharat
Schemes and Committees News Biotech’s Covaxin is being given to children aged 15 to
18 years from January 3.
• Ministry of Agriculture & Farmers Welfare will
• The Government of India has organised a week-long
launch ‘Meri Policy Mere Hath’ which is a doorstep
science exhibition titled ‘Vigyan Sarvatra Pujyate’
distribution drive to deliver crop insurance policies to
from February 22 to 28, 2022, as part of the Azadi Ka
farmers under the Pradhan Mantri Fasal Bima
Yojana (PMFBY). The campaign aims to ensure all Amrit Mahotsav commemoration. It will be
farmers are aware with all information on their conducted simultaneously at 75 locations across the
policies, land records, the process of claim and country through a hybrid model. The inaugural
grievance redressal under PMFBY. programme was held at Vigyan Bhavan, New Delhi
• The Ministry of Education has approved the on the 22nd of February.
continuation of the Rashtriya Uchchatar Shiksha • India’s largest 4G mobile broadband and digital
Abhiyan (RUSA) scheme till 31st March 2026 with service provider, Reliance Jio Infocomm Ltd. will
an expenditure of 12,929.16 crores. The new phase land the next generation multi-terabit India-Asia-
of the scheme would support around 1,600 projects. Xpress (IAX) undersea cable system in Hulhumale,
Out of Rs 12,929.16 crores of expenditure, the centre Maldives. The high capacity and high-speed IAX
will share Rs 8,120.97 crores, and the state will share system will connect Hulhumale directly with World’s
Rs 4,808.19 crores. major internet hubs in India and Singapore.
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 Weekly One Liners 21st to 27th of February 2022
• The Indian Institute of Technology Roorkee has Sports News
organized a regional farmers’ awareness programme
• Mumbai, India will host the International Olympic
as part of the ‘Gramin Krishi Mausam Sewa’
Committee session in 2023. The IOC Session for
(GKMS) project and launched KISAN mobile 2023 will be held at Jio World Convention Centre,
application for the farmers. The app will provide Mumbai. The last such session was hosted by India in
agro-meteorological services to the farmers. Farmers the year 1983 in New Delhi. In 2022, the IOC session
from Haridwar, Dehradun, and Pauri Garhwal was held in Beijing, China.
districts participated in the program. • Bihar’s Sakibul Gani become the first player in the
• International Business Machines Corp. (IBM) has history of the game to score a triple century on his
launched a cybersecurity hub in Bengaluru to first-class debut. He scored 341 off 405 balls,
address the concerns of its clients across the Asia hitting 56 fours and two sixes, in the Plate Group
Pacific (APAC) region. The multi-million dollar IBM Ranji Trophy fixture against Mizoram at the
Security Command Center will be located at the IBM Jadavpur University Campus ground, Jadavpur,
office in Bengaluru in Karnataka. It is the first of its Bengal.
kind facility in the region. The IBM global analysis • India’s teen chess Grandmaster, Rameshbabu
report for 2022 states that Asia emerged as the top- Praggnanandhaa has created history as he defeated
world number one chess champion, Magnus Carlsen,
most targeted region for cyberattacks, representing
of Norway in an online chess tournament. The
26% of attacks analyzed in 2021.
Airthings Masters is the first of the nine events of the
2022 Meltwater Champions Chess Tour, being held
Ranks and Reports from February to November 2022.
• According to the latest Hurun India Wealth Report • The 18-year-old Spaniard Carlos Alcaraz has
clinched the Rio Open tennis title after defeating
2021, the number of dollar-millionaire households in
Diego Schwartzman in Rio de Janeiro, Brazil. The
India increased by 11 per cent to 4,58,000
seventh-seeded Alcaraz defeated third-seeded
households in 2021, as compared to 2020. A Schwartzman 6-4, 6-2 to become the youngest ATP
household having a net worth of at least INR 7 crore 500 champion since the category was created in
($1 million), is referred to as a dollar-millionaire 2009.
household. Meanwhile, in the list of cities with the • Indian weightlifter and 2020 Tokyo Olympics silver-
most millionaires, Mumbai has topped with 20,300 medallist, Mirabai Chanu has won the gold medal in
millionaires households. Mumbai is followed by Delhi the 55kg weight category at the Singapore
with 17,400 and Kolkata with 10,500 millionaire Weightlifting International 2022 on February 25,
households, respectively. 2022. Chanu lifted 191kg (86kg+105kg) to stand on
• As per the ‘Deloitte 2022 CxO Sustainability top of the podium.
Report: The Disconnect Between Ambition and
Impact’, Indian businesses rank 5th in their concern Important Days
for climate change. According to the report, 80 per • The International Mother Language Day (IMLD) is
cent of Indian executives see the world at a tipping observed annually on the 21st of February. The day
point for responding to climate change compared aims to raise awareness regarding linguistic and
with just 53 per cent eight months ago. cultural diversity and to promote multilingualism.
The 2022 theme is “Using technology for
multilingual learning: Challenges and
opportunities”. The UN mentioned in its statement
that this year’s theme raises the potential role of
technology to advance multilingual education and
support the development of quality teaching and
learning for all.
• World Thinking Day, originally known as Thinking
Day, is celebrated annually on 22 February by all Girl
Scouts, Girl Guides and other girl groups worldwide.
The day is observed to think about fellow brothers
and sisters around the world, address their concerns
and understand the true meaning of guiding. The
theme for World Thinking Day 2022 is Our World,
Our Equal Future.
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 Weekly One Liners 21st to 27th of February 2022
• Central Excise Day, which is observed on February Miscellaneous News
24 commemorates the Central Excise and Salt Act • The Indian Railways has shared new images of the
which was enacted on 24th February 1944. This country’s first cable-stayed bridge on the Anji river
annual event is celebrated to highlight the essential in Jammu and Kashmir’s Reasi district. The under-
role played by the Central Excise Department in the construction Anji Khad bridge, part of the
industrial development of the country. Udhampur-Srinagar-Baramulla Rail Link (USBRL)
• World NGO Day is celebrated every year on 27th project, will connect Katra and Reasi areas through
February globally. World NGO Day aims to inspire rail links. The bridge will stand at a height of 331
people to become more actively involved within NGOs metres above the river bed – higher than the Eiffel
(Charities, NPOs, CSOs) and encourage a greater Tower in Paris. The total length of the bridge is
473.25 metres and it is supported by 96 cables.
symbiosis between NGOs and both the public and
• The Union Minister of Science & Technology, Dr
private sector.
Jitendra Singh, chaired the District Development
• World Sustainable energy day 2022 is observed on Coordination & Monitoring Committee (DISHA)
27th February across the world. It hosts events meetings of several districts in Jammu & Kashmir
centered on sustainable energy production and use, recently. A key decision taken during the meeting was
which covers energy efficiency and renewable energy to designate Lavender as a Doda brand product, to
sources for buildings, industry, and transport. promote lavender under the ‘One District, One
Product’ initiative of the Modi Government.
Obituaries • The Central Government launched the “Janbhagidari
Empowerment” portal in the Union Territory of
• Senior journalist, Ravish Tiwari has passed away. He Jammu and Kashmir, in line with the government’s
was the national bureau chief of Indian Express. He digital mission. The portal was hosted on a different
was popular for his political news reporting. Before server with higher bandwidth, in order to provide
this, he had also served as Senior Assistant Editor at easy and ready accessibility to the general public.
Economic Times, Associate Editor at India Today • Home Ministry has declared Delhi headquarters of
and Senior Assistant Editor at the Indian Express. Security Printing and Minting Corporation of India
Ltd. (SPMCIL) as a ‘prohibited place’ under Section
• Noted freedom fighter and Gandhian social worker,
2 of the Official Secrets Act, 1923. This prevents the
Shakuntala Choudhary has passed away. She was entry of unauthorized persons into it. It is the only
102-year-old. She was popularly known as currency and banknotes manufacturer of India, that
‘Shakuntala Baideo’. She was felicitated with the printed new series of notes of denomination Rs 2,000
Padma Shri award in 2022 by the Government of and Rs 500 in 2016.
India.
• Andhra Pradesh Industries Minister Mekapati Static Takeaways
Goutham Reddy has passed away. The 50 years old
• World Bank Headquarters: Washington, D.C., United
Minister returned to India from Dubai Expo. Reddy, States.
was a two-time MLA from the Atmakur Assembly • World Bank Formation: July 1944.
constituency in the Nellore district in Andhra • World Bank President: David Malpass.
Pradesh. He was the Minister for Industries, • Garuda Aerospace Pvt Ltd Founder and CEO:
Commerce, and Information Technology in Andhra Agnishwar Jayaprakash
Pradesh Government. • Garuda Aerospace Pvt Ltd Headquarter: Chennai,
• Veteran Malayalam film and stage actress, KPAC Tamil Nadu.
Lalitha has passed away at 74. In a career spanning • Chief Minister of Mizoram: Pu Zoramthanga;
five decades, she starred in over 550 films in Governor: P.S. Sreedharan Pillai.
Malayalam and Tamil. Born as Maheswari Amma in • Arunachal Pradesh Chief minister: Pema Kha;
Kayamkulam of Alappuzha, the actress had joined Governor: B.D. Mishra.
K.P.A.C (Kerala People’s Arts Club), a prominent • Himachal Pradesh Capital: Shimla (Summer),
drama troop in Kerala. Dharamshala (Winter)
• Himachal Pradesh Governor: Rajendra Arlekar
• Odisha’s first tribal chief minister as well as last
• Himachal Pradesh Chief Minister: Jai Ram Thakur.
Congress chief minister of the state, Hemananda
• Chief Minister of Haryana: Manohar Lal Khattar
Biswal passed away. He was 82. Biswal, a Bhuyan
• Haryana Capital: Chandigarh
tribal from Jharsuguda district, served as the chief • Haryana Governor: Bandaru Dattatreya.
minister twice from 1989 to 1990 and 1999 to 2000. • Assam Capital: Dispur
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 Weekly One Liners 21st to 27th of February 2022
• Assam Chief Minister: Himanta Biswa Sarma • Oman Currency: Omani rial.
• Assam Governor: Jagadish Mukhi. • Chief of Naval Staff: Admiral R Hari Kumar
• Chief Minister of Nagaland: Neiphiu Rio; Governor of • Indian Navy Founded: 26 January 1950.
Nagaland: Jagdish Mukhi. • Microsoft Founded: 4 April 1975, Albuquerque, New
• Mali Capital: Bamako; Currency: CFA Franc Mexico, United States
• Niger Capital: Niamey; Currency: West African CFA • Microsoft Headquarters: Redmond, Washington,
franc. United States
• Israel Capital: Jerusalem • Microsoft CEO: Satya Nadella
• Israel President: Isaac Herzog • Microsoft Chairperson: John W. Thompson.
• Israel Prime minister: Naftali Bennett • Chairman of Central Board of Excise and Custom:
• Israel Currency: Israeli Shekel. Vivek Johri.
• Russia Capital: Moscow • Headquarters of Central Board of Excise and Custom:
• Russia Currency: Ruble New Delhi.
• Russia President: Vladimir Putin. • Central Board of Excise and Custom Founded: 1
• FICCI Founded: 1927 January 1964.
• FICCI Headquarters: New Delhi • Jammu and Kashmir Lieutenant Governor: Manoj
• FICCI President: Sanjiv Mehta Sinha.
• FICCI Secretary General: Arun Chawla. • Maldives Capital: Male
• TransUnion CIBIL Founded: 2000 • Maldives Currency: Rufiyaa
• TransUnion CIBIL Managing Director: Rajesh Kumar • Maldives President: Ibrahim Mohamed Solih.
• TransUnion CIBIL Chairman: M.V.Nair (Chairman). • IBM CEO: Arvind Krishna
• Google Founded: 4 September 1998 • IBM Headquarters: New York, United States
• Google Headquarters: California, United States • IBM Founder: Charles Ranlett Flint
• Google CEO: Sundar Pichai • IBM Founded: 16 June 1911.
• Google Founders: Larry Page, Sergey Brin. • Union Bank of India Headquarters: Mumbai
• Mastercard Founded: 16 December 1966, United • Union Bank of India CEO: Rajkiran Rai G.
States • Union Bank of India Founded: 11 November 1919,
• Mastercard Headquarters: New York, United States Mumbai.
• Mastercard CEO: Michael Miebach • Standard Chartered CEO: Bill Winters (10 Jun 2015–)
• Standard Chartered Founded: 1969, London, United
• Mastercard Executive Chairman: Ajay Banga.
Kingdom.
• Bharti Airtel CEO: Gopal Vittal
• International Air Transport Association
• Bharti Airtel Founder: Sunil Bharti Mittal
Headquarters: Montreal, Canada
• Bharti Airtel Founded: 7 July 1995.
• International Air Transport Association DG: Willie
• Tata Power CEO: Praveer Sinha
Walsh
• Tata Power Headquarters: Mumbai, Maharashtra.
• International Air Transport Association Founded: 19
• Paytm Payments Bank Founded: 2015 April 1945, Havana, Cuba.
• Paytm Payments Bank Headquarters: Noida, UP • Bharti Airtel CEO: Gopal Vittal
• Paytm Payments Bank Founder & CEO: Vijay Shekhar • Bharti Airtel Founder: Sunil Bharti Mittal
Sharma. • Bharti Airtel Founded: 7 July 1995, India.
• International Olympic Committee Founded: 1894
• International Olympic Committee Headquarters:
Lausanne, Switzerland
• International Olympic Committee President: Thomas
Bach.
• International Rubber Study Group Secretary-General:
Salvatore Pinizzotto
• International Rubber Study Group Formed: 1944
• International Rubber Study Group Headquarters:
Singapore.
• Hindustan Unilever Ltd Headquarters: Mumbai
• Hindustan Unilever Ltd Founded: 17 October 1933.
• IDBI Bank Owner: Life Insurance Corporation
• IDBI Bank Headquarters: Mumbai.
• Oman Capital: Muscat

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