Current Affairs 23 june 2025 – Tone Academy
Digital Payments Award to India Post Payments Bank Syllabus :GS 3/Economy In News: India Post Payments Bank (IPPB) has been conferred with the Digital Payments Award 2024–25 by the Ministry of Finance, recognizing its exceptional contributions to advancing digital payments and deepening financial inclusion across the country. About IPPB Ownership & Governance:IPPB is a wholly Government of India-owned entity, functioning under the Department of Posts, Ministry of Communications. Launch:Established in 2018, IPPB was envisioned as a transformational initiative to provide accessible, affordable, and reliable banking services, particularly to the underserved and unbanked population. Outreach Model:IPPB operates through India’s extensive postal network, leveraging over 1.65 lakh post offices and a workforce of more than 3 lakh postal employees, predominantly in rural and remote regions. Technology Backbone:Built on the India Stack, the bank offers paperless, cashless, and presence-less banking through biometric-enabled mobile devices, enabling doorstep delivery of digital financial services. Key Contributions Digital India Enabler:As a key driver of the Digital India mission, IPPB promotes financial inclusion and a transition towards a less-cash economy. Innovative Doorstep Banking:With its tech-integrated service delivery model, IPPB has significantly transformed rural banking by offering secure digital transactions at the last mile. Recent Achievements Top Rank among Payments Banks:IPPB secured the 1st position among all Payments Banks in India in the Performance Index for FY 2024–25. Recognition for Past Performance:It also received a ‘Special Mention’ award for FY 2023–24, highlighting its sustained excellence in delivering digital financial services. With reference to India Post Payments Bank (IPPB), consider the following statements: IPPB is a scheduled commercial bank under the Reserve Bank of India Act, 1934. IPPB is fully owned by the Government of India and functions under the Department of Financial Services. IPPB leverages biometric authentication and mobile technology to provide doorstep banking services in rural India. IPPB is built on the India Stack and supports the objectives of the Digital India initiative. Which of the statements given above are correct? A.1 and 2 onlyB. 3 and 4 onlyC. 2, 3 and 4 onlyD. 1, 3 and 4 only Answer:BExplanation: Statement 1 is incorrect: IPPB is a payments bank, not a scheduled commercial bank. Statement 2 is incorrect: It functions under the Department of Posts, not Financial Services. Statements 3 and 4 are correct. World Sickle Cell Day Syllabus :GS 2/Health Context World Sickle Cell Awareness Day was observed recently on June 19, 2025. The theme for this year was “Global Action, Local Impact: Empowering Communities for Effective Self-Advocacy.” About Sickle Cell Disease (SCD) Sickle Cell Disease refers to a group of inherited hemoglobin disorders caused by a mutation in the gene responsible for producing normal hemoglobin. This leads to the formation of abnormally shaped (sickle-shaped), rigid, and adhesive red blood cells (RBCs), impairing their oxygen-carrying capacity and flow through blood vessels. Most severe form: Sickle Cell Anemia Pathophysiology: Sickle-shaped RBCs tend to block capillaries and break down prematurely, leading to anemia, organ damage, and pain episodes. Clinical Manifestations SCD typically manifests in early childhood, with symptoms ranging in intensity: Chronic anemia Recurrent pain crises Swelling in extremities Jaundice due to increased hemolysis Delayed growth and puberty Increased susceptibility to infections Severe complications: stroke, acute chest syndrome, splenic sequestration, priapism Treatment Modalities While bone marrow transplantation remains the only curative option, it is often cost-intensive and associated with high risk. Current management focuses on symptom control and complication prevention: Hydroxyurea, analgesics, prophylactic antibiotics, and blood transfusions In 2024, the first patient was treated with FDA-approved gene-editing therapies like Casgevy (CRISPR-based) and Lyfgenia, marking a transformative development in SCD management. India’s Response India launched the National Sickle Cell Anaemia Elimination Mission on July 1, 2023, under the leadership of Prime Minister Narendra Modi, with the aim to: Eliminate Sickle Cell Disease as a public health concern by 2047 Focus on screening, awareness, counselling, and management, especially among vulnerable tribal populations. With reference to Sickle Cell Disease (SCD), consider the following statements: It is a hereditary disorder caused by a mutation in the gene encoding hemoglobin. Sickle-shaped red blood cells are less prone to breakdown than normal red blood cells. SCD can lead to complications such as stroke and acute chest syndrome. Gene editing therapies such as Casgevy and Lyfgenia are curative options recently approved. Which of the statements given above are correct?A. 1 and 2 onlyB. 1, 3 and 4 onlyC. 1, 2 and 3 onlyD. 2, 3 and 4 only Answer:BExplanation:Statement 2 is incorrect – Sickle-shaped RBCs are more prone to breakdown (leading to anemia), not less. All other statements are correct. Bushehr plant Syllabus :GS1/Places Context: Russia’s nuclear chief, Alexei Likhachev, recently confirmed that the Bushehr Nuclear Power Plant in Iran is functioning normally and remains under full control, following reports of Israeli airstrikes targeting nuclear sites in Iran, including Bushehr, Natanz, and Isfahan. Key Nuclear Sites in Iran: Bushehr Nuclear Power Plant Location: Southern Iran, on the Persian Gulf coast, approximately 750 km south of Tehran. Significance: Iran’s only operational nuclear power plant. Constructed with Russian assistance. Represents the first civilian nuclear reactor in the Middle East. Houses thousands of kilograms of nuclear material, making it a sensitive strategic site. Natanz Nuclear Facility Location: Central Iranian Plateau, around 220 km southeast of Tehran. Importance: Iran’s main uranium enrichment site. Hosts two operational enrichment plants. Has been a focal point of international concern regarding Iran’s nuclear capabilities. Isfahan Nuclear Complex Location: Approximately 350 km southeast of Tehran. Features: Houses three Chinese-built research reactors. Contains critical laboratories and nuclear processing facilities associated with Iran’s atomic energy programme. Plays a central role in uranium conversion and fuel production. With reference to the Bushehr Nuclear Power Plant, consider the following statements: It is the only operational civilian nuclear power plant in Iran. It was constructed with technical assistance from China. It is located on the northern coast of Iran along the Caspian Sea. Which of the statements given above is/are correct? A.1 onlyB. 1 and 2 onlyC. 2 and