Located on the banks of river Godavari, the Gnana Saraswathi Temple at Basara situated about 40 kms from Nizambad district head quarters and 70 Kms from Nirmal town of Adilabad district. Situated at a distance of 205 kms (approx) from Hyderabad, the Saraswati temple at Basara is one of the two famous Saraswati temples in India, the other being in Jammu & Kashmir. Legend has it that Sage Vyasa during his stay here used to bring daily three handfuls of sand after a bath in Godavari and kept it at a place, which transformed as the images of Saraswati, Lakshmi and Kali. How ever, according to Brahmandapuranam, Adikavi Valmiki installed Saraswati and wrote Ramayana here. There is a marble image of Valmiki and his samadhi near the temple. It is believed that this temple is one of the three temples constructed near the confluence of Manjira and Godavari rivers by Ashtrakutas. According to another school of thought ‘Bijialudu’ a Karnataka king, who ruled the province of Nandagiri with Nanded as his capital in the sixth century, constructed the temple at Basara. The image of Lakshmi stands besides Goddess Saraswati in the sanctum sanctorum. Due to the presence of Saraswati, Lakshmi and Kali, Basara is considered as the abode of the divine trinity on the Bank of the River Godavari which is 40kms from Nizamabad on Adilabad district border.
MKI stands for modernizirovannyi kommercheskiy indiski meaning modern commercial india. i had to google for this answer and was a bit difficult to memorize and type it here