Daily Current Affairs June 23

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June 23 | Daily Current Affairs 2025

Important Days – Daily Current Affairs June 23

1. What was the theme of International Olympic Day 2025?
A) United Through Sport
B) Move for Peace
C) Let’s Move?
D) Sport for All
E) Together We Play
Answer: C) Let’s Move?

Event and Location:

  • Event: Celebration of International Olympic Day 2025
  • Location: Global (commemorated in various countries)
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: International Olympic Day 2025 was celebrated globally on June 23, commemorating the founding of the International Olympic Committee (IOC) in 1894 by Baron Pierre de Coubertin. The event encourages physical activity and promotes Olympic values.
  • Objectives: The celebration aims to promote physical activity, highlight Olympic values like excellence and friendship, and inspire people of all ages to lead healthier, more active lives. The theme “Let’s Move?”, launched with the World Health Organization (WHO), focused on fighting global inactivity in a fun and inclusive way.

Important Terms Explained:

  • International Olympic Day: An annual celebration held on June 23 to mark the establishment of the IOC and promote sports, unity, and health globally.
  • International Olympic Committee (IOC): The apex governing body of the Olympic Games, established in 1894 in Paris, France. It promotes the Olympic Movement and organizes the Summer and Winter Olympic Games.
  • Let’s Move?: The 2025 Olympic Day theme, encouraging people to incorporate any form of movement—walking, dancing, yoga—into daily life to combat sedentary lifestyles and foster inclusivity in physical activity.
  • Baron Pierre de Coubertin: Founder of the modern Olympic Games, who envisioned sports as a means to promote international peace, education, and fitness.

Tabular Summary:

Parameter Details
Event name International Olympic Day 2025
Announcement date 23 June 2025
Location Celebrated globally
Issuing authority International Olympic Committee (IOC)
Policy/series name Olympic Movement Awareness & Fitness Campaign
Key figures Baron Pierre de Coubertin (Founder), Thomas Bach (IOC President)
Purpose/reason To promote physical activity, Olympic values, and global unity
Feature details Events include runs, yoga, Zumba, sports quizzes, digital campaigns
Validity or status Annual celebration held on June 23
Strategic/significant value Encourages active lifestyles and social inclusion through sports

Sports – Daily Current Affairs June 23

2. Who won the 2025 Queen’s Club men’s singles title ahead of Wimbledon?
A) Jannik Sinner
B) Daniil Medvedev
C) Alexander Bublik
D) Carlos Alcaraz
E) Jiri Lehecka
Answer: D) Carlos Alcaraz

Event and Location:

  • Event: Carlos Alcaraz wins 2025 Queen’s Club Championship; Alexander Bublik wins Halle Open
  • Location: Queen’s Club, London (UK) and Halle (Germany)
  • Date: 22–23 June 2025

Mandates and Objectives:

  • Mandates: Carlos Alcaraz defeated Jiri Lehecka to win his second Queen’s Club title and fourth career grass title; Alexander Bublik stunned Daniil Medvedev in the Halle Open final to claim the ATP 500 title.
  • Objectives: The events serve as key lead-up tournaments for Wimbledon 2025, helping top players gain momentum, refine form on grass, and improve seedings ahead of the Grand Slam.

Important Terms Explained:

  • Queen’s Club Championship: A prestigious ATP 500 tennis tournament held in London, serving as a key warm-up event for Wimbledon.
  • ATP 500: A category on the ATP Tour, one tier below Masters 1000, awarding 500 ranking points to the winner.
  • Grass Title: Refers to a tournament win on a grass court surface; considered rare and prestigious due to the short grass season.
  • Wimbledon: One of the four Grand Slam tournaments, played on grass; it begins in late June and is considered the most prestigious in tennis.
  • Tie-break: A special scoring method used to decide a set when players reach 6–6, ensuring faster and fairer resolution.

Tabular Summary:

Parameter Details
Event name Carlos Alcaraz wins Queen’s Club; Bublik wins Halle Open
Announcement date 22–23 June 2025
Location London (UK), Halle (Germany)
Issuing authority ATP Tour
Policy/series name ATP 500 Grass Season Tournaments
Key figures Carlos Alcaraz, Alexander Bublik, Daniil Medvedev, Jannik Sinner
Purpose/reason Grass-court preparation for Wimbledon
Feature details Alcaraz beat Lehecka in 3 sets; Bublik beat Medvedev for first career win
Validity or status Tournaments concluded
Strategic/significant value Establishes form and rankings heading into Wimbledon 2025

3. What is the name of the mascot launched for the 2025 World Para Athletics Championships in India?
A) Veer
B) Jwala
C) Viraaj
D) Pragati
E) Tejas
Answer: C) Viraaj

Event and Location:

  • Event: Launch of logo and mascot for the 2025 World Para Athletics Championships
  • Location: New Delhi, India
  • Date: 20 June 2025

Mandates and Objectives:

  • Mandates: The Paralympic Committee of India (PCI) unveiled the official logo and mascot “Viraaj” to mark 100 days before the commencement of the 2025 World Para Athletics Championships.
  • Objectives: The initiative aims to build momentum and awareness ahead of the event, showcase India’s inclusive sports commitment, and celebrate the strength and spirit of para-athletes through a symbolically designed mascot.

Important Terms Explained:

  • World Para Athletics Championships: A global sporting event organized under World Para Athletics, featuring track and field events for athletes with disabilities. Held biennially, it is considered the premier competition in para-athletics outside the Paralympics.
  • Paralympic Committee of India (PCI): The apex body responsible for the promotion, selection, and support of Indian para-athletes in national and international events, including Paralympics and world championships.
  • Viraaj (Mascot): A young elephant with a blade prosthesis, symbolizing strength, resilience, and hope, representing the abilities of para-athletes and the spirit of inclusivity in sports.
  • Jawaharlal Nehru Stadium: A premier multi-purpose stadium located in New Delhi, India, and the venue for the 2025 World Para Athletics Championships.

Tabular Summary:

Parameter Details
Event name Launch of logo and mascot for 2025 World Para Athletics Championships
Announcement date 20 June 2025
Location Jawaharlal Nehru Stadium, New Delhi
Issuing authority Paralympic Committee of India (PCI)
Policy/series name 2025 World Para Athletics Championships
Key figures PCI President, Mascot: Viraaj
Purpose/reason To mark 100-day countdown and promote inclusive global sporting event
Feature details Mascot: Elephant with blade prosthesis, 186 medal events, 100+ nations
Validity or status Preparations ongoing, event scheduled from Sept 27 – Oct 5, 2025
Strategic/significant value India’s first time hosting, boosts para-sport visibility and inclusivity

4. Who became the first Asian fast bowler to claim 150 Test wickets in SENA countries?
A) Zaheer Khan
B) Anil Kumble
C) Kapil Dev
D) Jasprit Bumrah
E) Mohammed Shami
Answer: D) Jasprit Bumrah

Event and Location:

  • Event: Jasprit Bumrah becomes first Asian fast bowler to take 150 Test wickets in SENA countries
  • Location: Headingley, Leeds (England)
  • Date: 21–22 June 2025

Mandates and Objectives:

  • Mandates: Indian pacer Jasprit Bumrah achieved a historic milestone by taking his 150th Test wicket in SENA countries (South Africa, England, New Zealand, Australia), following a five-wicket haul against England in the Headingley Test.
  • Objectives: The feat highlights Bumrah’s exceptional consistency, adaptability, and mastery of seam bowling in challenging overseas conditions, reinforcing his status as a world-class fast bowler and boosting India’s overseas competitiveness.

Important Terms Explained:

  • SENA Countries: Acronym for South Africa, England, New Zealand, and Australia, considered the most challenging venues for Asian cricketers due to pace-friendly pitches, swing conditions, and strong batting lineups.
  • Five-Wicket Haul: When a bowler takes five or more wickets in a single innings, considered a significant achievement in Test cricket and a hallmark of bowling excellence.
  • Test Cricket: The longest format of international cricket, lasting up to five days, and regarded as the ultimate test of a player’s endurance, skill, and temperament.
  • Headingley: A historic cricket ground in Leeds, England, known for swing-friendly conditions and a venue where several major bowling performances have occurred.

Tabular Summary:

Parameter Details
Event name Jasprit Bumrah becomes first Asian to claim 150 SENA Test wickets
Announcement date 21–22 June 2025
Location Headingley, Leeds (England)
Issuing authority International Cricket Council (ICC) / BCCI
Policy/series name India Tour of England – 2025
Key figures Jasprit Bumrah
Purpose/reason Milestone performance in toughest overseas conditions
Feature details 5-wicket haul, 210 Test wickets total, 14 five-wicket hauls
Validity or status Active international player
Strategic/significant value Historic record for an Asian pacer; dominance in elite cricketing nations

 

Banking and Finance – Daily Current Affairs June 23

5. What is the key innovation introduced by Bajaj Allianz in its new health insurance offering launched in June 2025?
A) Integration with Ayushman Bharat
B) 100% premium subsidy for rural poor
C) State-wise customised health insurance pricing
D) Coverage limited to Tier-I cities only
E) One-nation one-policy pricing model
Answer: C) State-wise customised health insurance pricing

Event and Location:

  • Event: Launch of state-wise customised health insurance plans
  • Location: Pan-India (customised per state)
  • Date: 20 June 2025

Mandates and Objectives:

  • Mandates: Bajaj Allianz General Insurance has introduced state-specific health insurance plans that offer differential premiums based on regional healthcare conditions, hospital infrastructure, and treatment cost patterns.
  • Objectives: The initiative aims to bridge the insurance gap for the ‘missing middle’, make health insurance more affordable, address state-wise healthcare disparities, and promote universal health coverage by tailoring insurance to local needs.

Important Terms Explained:

  • State-Specific Health Insurance: A new model where premiums are customized for each Indian state based on local healthcare dynamics rather than using traditional metro/tier city classifications.
  • Missing Middle: A population segment that is not poor enough to qualify for government schemes like Ayushman Bharat and not affluent enough to afford private insurance—often uninsured due to high premiums.
  • Floater Plan: A type of health insurance where a single sum insured covers the entire family under one policy instead of individual coverage for each member.
  • Zone-Based Premium Model: A conventional pricing method in Indian health insurance that classifies cities into zones (Metro, Tier I/II/III) and prices policies accordingly, without state-level differentiation.

Tabular Summary:

Parameter Details
Event name Launch of state-wise health insurance plans
Announcement date 20 June 2025
Location Applicable across Indian states
Issuing authority Bajaj Allianz General Insurance
Policy/series name State-Specific Health Insurance Plans
Key figures CEO Tapan Singhel
Purpose/reason To increase affordability and bridge the coverage gap in underserved segments
Feature details Customised premiums, 10–15% variation, floater and individual variants
Validity or status Officially launched; available for enrolment
Strategic/significant value Promotes micro-insurance, localized health finance, and universal coverage

6. According to the ECB’s 2025 report, which asset has become the second-largest global reserve asset after the U.S. dollar?
A) Chinese Yuan
B) Gold
C) Japanese Yen
D) Euro
E) British Pound
Answer: B) Gold

Event and Location:

  • Event: Gold becomes the world’s second-largest reserve asset
  • Location: Global (as reported by European Central Bank)
  • Date: June 2025

Mandates and Objectives:

  • Mandates: A European Central Bank (ECB) report published in June 2025 confirmed that gold has overtaken the euro to become the second most-held global reserve asset after the U.S. dollar.
  • Objectives: The shift reflects central banks’ response to geopolitical instability, inflationary pressures, and the perceived risks of fiat currencies. The trend also emphasizes gold’s role as a safe haven in a changing economic landscape.

Important Terms Explained:

  • Global Reserve Asset: Assets held by central banks to support their currencies, influence monetary policy, and maintain financial stability. Common reserve assets include the U.S. dollar, euro, gold, and SDRs.
  • European Central Bank (ECB): The central bank for the eurozone, responsible for monetary policy and economic research for countries using the euro. Headquartered in Frankfurt, Germany.
  • Safe Haven Asset: An investment expected to retain or increase in value during market turbulence or economic crises; gold is a classic example.
  • Central Bank Gold Demand: Gold purchased by national banks for reserve accumulation, seen as a hedge against inflation and currency volatility.
  • Geopolitical Risks: Global instability from conflicts (e.g., Russia-Ukraine war), economic sanctions, or diplomatic breakdowns that affect markets and reserve strategies.

Tabular Summary:

Parameter Details
Event name Gold becomes world’s second-largest reserve asset
Announcement date June 2025 (ECB report)
Location Global data compiled by European Central Bank
Issuing authority European Central Bank (ECB)
Policy/series name Global Reserve Composition Trends
Key figures Gold (19%), Euro (16%), USD (47%)
Purpose/reason Reserve diversification amid geopolitical, economic, and currency risks
Feature details Highest gold reserves since 1960s, driven by central banks from emerging markets
Validity or status Active trend with signs of slowing demand
Strategic/significant value Signals shift in global financial confidence and reserve accumulation patterns

7. What is the primary feature of NACH 3.0 launched by NPCI in July 2025?
A) Introduces cryptocurrency wallet support
B) Enables same-day cheque clearing
C) Enhances recurring transaction speed and security
D) Offers free insurance with every transaction
E) Eliminates the need for bank KYC
Answer: C) Enhances recurring transaction speed and security

Event and Location:

  • Event: Launch of NACH 3.0 by NPCI for improved recurring digital transactions
  • Location: Pan-India (NPCI infrastructure upgrade)
  • Date: Rollout from July 2025; announcement on 6 June 2025

Mandates and Objectives:

  • Mandates: The National Payments Corporation of India (NPCI) is launching NACH 3.0, an enhanced version of the National Automated Clearing House, to facilitate faster and more secure processing of salary credits, EMIs, SIPs, and other recurring transactions.
  • Objectives:
    • Speed up recurring transactions such as salaries, EMIs, and SIPs
    • Improve digital security using encryption and role-based access
    • Enhance user and bank interface for better visibility and dispute resolution
    • Accommodate growing transaction volumes with optimized infrastructure

Important Terms Explained:

  • NACH (National Automated Clearing House): A centralized platform developed by NPCI to facilitate high-volume, low-value interbank transactions like salaries, pensions, subsidies, and utility bill payments.
  • NPCI (National Payments Corporation of India): An umbrella organization under the RBI and IBA responsible for operating retail payment systems like UPI, RuPay, and NACH.
  • EMI (Equated Monthly Installment): A fixed payment made by a borrower to a lender at a specified date each calendar month.
  • SIP (Systematic Investment Plan): A method of investing in mutual funds through scheduled, recurring payments over time.
  • PGP Encryption (Pretty Good Privacy): A strong data encryption method used to ensure secure file transfers and protect sensitive information.
  • Multi-Factor Authentication (MFA): A security system requiring multiple forms of verification to access a service, reducing the risk of unauthorized access.

Tabular Summary:

Parameter Details
Event name Launch of NACH 3.0
Announcement date 6 June 2025
Rollout date First week of July 2025
Location Nationwide (Digital Infrastructure Upgrade)
Issuing authority National Payments Corporation of India (NPCI)
Policy/series name NACH 3.0 – Recurring Payments Upgrade
Key figures Dilip Asbe (MD & CEO), NPCI
Purpose/reason To speed up and secure recurring payments like salary, EMI, SIP
Feature details Real-time alerts, PGP encryption, GUI upgrades, role-based access
Validity or status Rollout from July 2025
Strategic/significant value Enhances digital payment reliability, transparency, and user experience

8. When will the RBI’s new project finance guidelines come into effect?
A) July 1, 2025
B) August 15, 2025
C) October 1, 2025
D) January 1, 2026
E) April 1, 2025
Answer: C) October 1, 2025

Event and Location:

  • Event: RBI issues final project finance guidelines for banks and NBFCs
  • Location: Nationwide (India)
  • Date: Guidelines released in June 2025, applicable from 1 October 2025

Mandates and Objectives:

  • Mandates: The Reserve Bank of India (RBI) has released final project finance guidelines that offer eased provisioning norms, a non-retrospective framework, and delay tolerance for infrastructure and commercial real estate projects.
  • Objectives:
    • Ensure financial system stability during project execution delays
    • Standardize norms across banks and NBFCs
    • Enable a smooth transition to new regulations for long-term infrastructure lending
    • Support key infrastructure lenders like REC and PFC without disrupting their balance sheets

Important Terms Explained:

  • Project Finance: Long-term financing of infrastructure and industrial projects based on projected cash flows, not balance sheets. Includes roads, power plants, and CRE developments.
  • Provisioning Norms: The minimum funds lenders must set aside to cover potential losses. Eased provisioning reduces upfront financial stress, improving liquidity.
  • NBFC (Non-Banking Financial Company): A financial institution that offers banking services without meeting the legal definition of a bank. REC and PFC are NBFCs specializing in infrastructure finance.
  • CRE (Commercial Real Estate): Real estate used for business purposes, such as malls, offices, and industrial complexes. Often seen as high-risk in lending due to longer gestation and demand cycles.
  • Maharatna CPSE: A status granted by the Government of India to select central public sector enterprises (CPSEs) with exceptional performance and autonomy.

Tabular Summary:

Parameter Details
Event name RBI issues final project finance norms
Announcement date June 2025
Implementation date 1 October 2025
Location India-wide (applies to all eligible loans)
Issuing authority Reserve Bank of India (RBI)
Policy/series name Project Finance Lending Framework
Key figures REC CMD Vivek Kumar Dewangan, PFC CMD Parminder Chopra
Purpose/reason Provide regulatory relief to infrastructure NBFCs; ensure system stability
Feature details Eased provisioning, delay tolerance, non-retrospective application
Strategic/significant value Boosts long-term infra lending capacity of NBFCs like REC & PFC

Business and Economy – Daily Current Affairs June 23

9. Where did Adani commission India’s first off-grid green hydrogen plant?
A) Mundra, Gujarat
B) Jaipur, Rajasthan
C) Kutch, Gujarat
D) Bhopal, Madhya Pradesh
E) Pune, Maharashtra
Answer: C) Kutch, Gujarat

Event and Location:

  • Event: Commissioning of India’s first off-grid green hydrogen plant
  • Location: Kutch, Gujarat
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: Adani New Industries Limited (ANIL) has launched India’s first off-grid green hydrogen pilot plant with a capacity of 5 MW, powered solely by solar energy integrated with a Battery Energy Storage System (BESS).
  • Objectives: The initiative aims to demonstrate the technical feasibility of off-grid green hydrogen production, support the establishment of a Green Hydrogen Hub in Mundra, contribute to India’s National Green Hydrogen Mission, and promote energy self-reliance under Atmanirbhar Bharat.

Important Terms Explained:

  • Green Hydrogen: Hydrogen produced using renewable energy sources (like solar or wind) through electrolysis, making it a clean fuel for decarbonizing industries such as steel, fertilisers, and transport.
  • Off-grid System: An energy system not connected to the main electricity grid. This allows full independence and makes the plant operational using only on-site renewable energy and storage systems.
  • Battery Energy Storage System (BESS): A system that stores excess energy from renewable sources and provides electricity during periods of low generation, ensuring stability and reliability in off-grid operations.
  • National Green Hydrogen Mission: A Government of India initiative aimed at making the country a global hub for green hydrogen production, reducing fossil fuel dependency, and decarbonizing key sectors.
  • Atmanirbhar Bharat: A national vision for making India self-reliant across key economic sectors, including clean energy.

Tabular Summary:

Parameter Details
Event name India’s first off-grid green hydrogen plant commissioned
Announcement date 23 June 2025
Location Kutch, Gujarat
Issuing authority Adani New Industries Limited (ANIL)
Policy/series name National Green Hydrogen Mission / Green Hydrogen Hub (planned)
Key figures Gautam Adani, ANIL, Adani Enterprises Ltd
Purpose/reason To establish proof-of-concept for decentralized green hydrogen production
Feature details 5 MW plant, powered by solar + BESS, closed-loop electrolyzer system
Validity or status Pilot plant commissioned and operational
Strategic/significant value Supports decarbonization and energy self-sufficiency via Atmanirbhar Bharat

10. Which two companies signed an MoU for a 100MWp solar project in Ea Mdrod, Vietnam?
A) Adani and GIZ
B) ReNew Power and EVN
C) Waaree Renewable and Viet Khanh
D) NTPC and Tata Power
E) Suzlon and SolarEdge
Answer: C) Waaree Renewable and Viet Khanh

Event and Location:

  • Event: Signing of MoU for a 100MWp solar project in Vietnam
  • Location: Ea Mdrod commune, Vietnam
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: Waaree Renewable Technologies Ltd and Viet Khanh Joint Stock Company have signed a non-binding MoU to collaborate on a 100MWp solar power project in Ea Mdrod, Vietnam, covering complete EPC (Engineering, Procurement, and Construction) services.
  • Objectives: The goal is to strengthen India–Vietnam clean energy collaboration, develop a high-performance renewable power asset, and offset over 130,000 metric tonnes of CO₂ emissions annually by deploying advanced photovoltaic technology.

Important Terms Explained:

  • MWp (Megawatt-peak): A unit of measurement for the output of a solar power system under standard test conditions. 100MWp refers to the plant’s peak generation capacity.
  • EPC (Engineering, Procurement, and Construction): A type of contracting arrangement in which the contractor is responsible for all activities from design to commissioning of the facility.
  • Memorandum of Understanding (MoU): A formal but non-binding agreement outlining mutual intentions and responsibilities between two parties—in this case, to develop solar infrastructure.
  • Photovoltaic Solar Power: A method of converting sunlight directly into electricity using semiconducting materials such as solar panels.

Tabular Summary:

Parameter Details
Event name MoU signed for 100MWp solar project in Vietnam
Announcement date 23 June 2025
Location Ea Mdrod commune, Vietnam
Issuing authority Waaree Renewable Technologies Ltd and Viet Khanh Joint Stock Company
Policy/series name India-Vietnam Clean Energy Collaboration
Key figures Viren Doshi (Waaree), Dinh Xuan Hai Sang (Viet Khanh)
Purpose/reason To deploy a large-scale solar power plant and reduce carbon emissions
Feature details Full EPC scope, 100MWp capacity, CO₂ offset of 130,000+ metric tonnes/year
Validity or status MoU signed; project execution timeline to follow
Strategic/significant value Strengthens India-Vietnam energy ties and supports global sustainability goals

Appointments – Daily Current Affairs June 23

11. Who became Tamil Nadu’s first transgender assistant professor at Loyola College in June 2025?
A) Dr. Swetha
B) Dr. Kavitha
C) Dr. Priya
D) Dr. Jency
E) Dr. Meena
Answer: D) Dr. Jency

Event and Location:

  • Event: Appointment of Tamil Nadu’s first transgender assistant professor
  • Location: Loyola College, Chennai, Tamil Nadu
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: Dr. Jency, a transgender woman, was appointed as an assistant professor at Loyola College, becoming the first in Tamil Nadu to achieve this milestone.
  • Objectives: The objective is to break gender stereotypes, promote inclusive education, and serve as a role model for the transgender community by demonstrating the power of education in overcoming marginalization.

Important Terms Explained:

  • Transgender: A person whose gender identity differs from the sex assigned at birth. In India, transgender persons are recognized as a third gender with constitutional rights to equality and dignity.
  • Loyola College: A prestigious higher education institution in Chennai, Tamil Nadu, affiliated with the University of Madras, known for its academic excellence and social justice orientation.
  • Assistant Professor: A faculty position in higher education institutions responsible for teaching, research, and mentoring students; it typically marks the beginning of a full academic career.

Tabular Summary:

Parameter Details
Event name First transgender appointed as assistant professor at Loyola College
Announcement date 23 June 2025
Location Loyola College, Chennai, Tamil Nadu
Issuing authority Loyola College
Policy/series name Inclusive Higher Education Milestone
Key figures Dr. Jency, Chief Minister M. K. Stalin
Purpose/reason To recognize educational achievement and promote inclusivity
Feature details Dr. Jency completed her schooling in R.K. Pet and earned a Ph.D. from Loyola
Validity or status Appointment confirmed
Strategic/significant value Encourages empowerment through education for the transgender community

12. Who assumed charge as the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) in June 2025?
A) T. V. Somnathan
B) Saurabh Garg
C) Sivasubramanian Ramann
D) Sanjeev Kaushik
E) Subhash Chandra Khuntia
Answer: C) Sivasubramanian Ramann

Event and Location:

  • Event: Appointment of Chairperson of PFRDA
  • Location: New Delhi
  • Date: 20 June 2025

Mandates and Objectives:

  • Mandates: Shri Sivasubramanian Ramann assumed charge as the Chairperson of PFRDA, appointed by the Government of India for a five-year term or until he turns 65 years, whichever is earlier.
  • Objectives: His leadership is expected to strengthen India’s pension system, enhance retirement security, and guide PFRDA with his extensive background in finance, regulation, and technology.

Important Terms Explained:

  • PFRDA (Pension Fund Regulatory and Development Authority): The statutory body regulating and developing India’s pension sector. It oversees schemes like the National Pension System (NPS) and Atal Pension Yojana (APY) to ensure sustainable retirement income.
  • Indian Audit & Accounts Service (IA&AS): A central civil service responsible for auditing accounts of the Union and State governments and public sector organizations in India.
  • SIDBI (Small Industries Development Bank of India): A financial institution supporting the growth of micro, small, and medium enterprises (MSMEs) in India.
  • NeSL (National E-Governance Services Ltd.): India’s first Information Utility under the Insolvency and Bankruptcy Code, which provides authenticated financial information for resolution processes.

Tabular Summary:

Parameter Details
Event name Appointment of PFRDA Chairperson
Announcement date 20 June 2025
Location New Delhi
Issuing authority Government of India
Policy/series name PFRDA Leadership Appointment
Key figures Sivasubramanian Ramann
Purpose/reason To provide leadership in reforming and regulating India’s pension system
Feature details Former CMD of SIDBI; ex-officer of IA&AS; expert in finance and governance
Validity or status 5-year term or till age 65, whichever is earlier
Strategic/significant value Aims to strengthen pension security and institutional governance in India

Awards – Daily Current Affairs June 23

13. Which institution won the Digital Payments Award 2024–25 among all payments banks in India?
A) Airtel Payments Bank
B) India Post Payments Bank
C) Paytm Payments Bank
D) NSDL Payments Bank
E) Fino Payments Bank
Answer: B) India Post Payments Bank

Event and Location:

  • Event: India Post Payments Bank wins Digital Payments Award 2024–25
  • Location: New Delhi
  • Date: June 2025

Mandates and Objectives:

  • Mandates: The India Post Payments Bank (IPPB) was awarded the Digital Payments Award 2024–25 by the Department of Financial Services (DFS), Ministry of Finance, in recognition of its top performance in expanding digital financial inclusion across rural India.
  • Objectives:
    • To promote financial inclusion through doorstep digital banking
    • To strengthen India’s cash-light, digital economy vision
    • To serve unbanked and underbanked regions using the postal network
    • To empower Gramin Dak Sevaks and Postmen as banking agents

Important Terms Explained:

  • IPPB (India Post Payments Bank): A 100% government-owned payments bank under the Department of Posts, providing digital banking services especially in rural areas using postal infrastructure.
  • Digital Payments Award: An annual recognition by the Ministry of Finance’s DFS to honor excellence in promoting digital financial services, innovation, and inclusive banking across institutions.
  • DFS Performance Index: A ranking mechanism by the Department of Financial Services that evaluates the performance of banks and financial entities in digital outreach, innovation, inclusion, and service delivery.
  • JAM Trinity: Refers to Jan Dhan Yojana, Aadhaar, and Mobile number linkage, forming the backbone of India’s digital and financial inclusion strategy.

Tabular Summary:

Parameter Details
Event name India Post Payments Bank wins Digital Payments Award 2024–25
Announcement date June 2025
Location New Delhi
Issuing authority Department of Financial Services, Ministry of Finance
Policy/series name DFS Performance Index – Payments Banks Category
Key figures R. Viswesvaran (MD & CEO), Gursharan Rai Bansal (CGM & CSMO)
Purpose/reason Recognized for digital financial inclusion and rural outreach
Feature details Doorstep banking via Postmen, tech-driven services, rural coverage
Validity or status Active recognition for FY 2024–25
Strategic/significant value Supports Digital India, DBT, JAM Trinity, and rural empowerment

International Affairs – Daily Current Affairs June 23

14. What is the main purpose of CODELCO’s delegation visit to India in June 2025?
A) To inaugurate new copper mines in Rajasthan
B) To invest in Indian coal blocks
C) To explore mining collaboration and knowledge exchange with HCL
D) To conduct copper export trade talks with Indian government
E) To supply copper for India’s solar projects
Answer: C) To explore mining collaboration and knowledge exchange with HCL

Event and Location:

  • Event: Visit of CODELCO delegation to Hindustan Copper Limited units
  • Location: India (all HCL offices and mining units)
  • Date: 23 June 2025 (visit commenced), MoU signed on 01 April 2025

Mandates and Objectives:

  • Mandates: A high-level delegation from CODELCO, Chile’s state-owned copper company, is visiting Hindustan Copper Limited (HCL) operations across India for a period of three weeks.
  • Objectives: The purpose is to facilitate knowledge exchange, explore mining innovations, assess operational practices, and advance cooperation following the April 2025 MoU that focuses on exploration, mining, mineral beneficiation, and capacity building.

Important Terms Explained:

  • Hindustan Copper Limited (HCL): A Government of India enterprise under the Ministry of Mines, engaged in copper production from mining to beneficiation, smelting, refining, and casting.
  • CODELCO: Corporación Nacional del Cobre de Chile, the world’s largest copper-producing company, owned by the Chilean government and focused on sustainable mining and technological advancement in the copper industry.
  • MoU (Memorandum of Understanding): A formal agreement between two parties to collaborate on defined goals—in this case, enhancing technical expertise and joint initiatives in the copper mining sector.
  • Mineral Beneficiation: A process that improves the economic value of ore by removing impurities, resulting in a higher-quality product for further processing.
  • Geometallurgy: A scientific approach combining geological and metallurgical data to optimize mining operations and metal recovery.

Tabular Summary:

Parameter Details
Event name CODELCO delegation visit to Hindustan Copper Limited
Announcement date 23 June 2025
Location India (multiple HCL units)
Issuing authority Hindustan Copper Limited (HCL) and CODELCO
Policy/series name HCL-CODELCO Strategic Mining Cooperation
Key figures Angelo Catalano, Jose Perez, Carlos Donoso, Jorge Landa, Sergio Heriquez
Purpose/reason Explore mining practices, promote knowledge sharing, assess operations
Feature details Includes site visits, innovation exchange, employee training focus
Validity or status Three-week ongoing visit under active MoU
Strategic/significant value Boosts Indo-Chile cooperation, enhances India’s copper sector expertise

National Affairs – Daily Current Affairs June 23

15. What is the primary aim of the MoU signed between CSIR-NIIST and NECTAR in June 2025?
A) Promote dairy-based leather production in Eastern India
B) Establish solar parks in Northeast India
C) Launch synthetic leather production using chemicals
D) Set up vegan leather units using agro-waste in Northeast India
E) Expand textile parks under PM MITRA
Answer: D) Set up vegan leather units using agro-waste in Northeast India

Event and Location:

  • Event: Signing of MoU between CSIR-NIIST and NECTAR for vegan leather production
  • Location: Northeast India, with headquarters event in New Delhi
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: The CSIR-NIIST signed an MoU with NECTAR to transfer its plant-based vegan leather technology and establish manufacturing units in the Northeast region.
  • Objectives: The goal is to utilize agricultural residues such as rice straw, banana, and pineapple waste to produce sustainable leather alternatives, reduce environmental damage, create economic opportunities, support MSMEs, farmers, and women-led self-help groups, and align with national missions like Atmanirbhar Bharat and Swachh Bharat.

Important Terms Explained:

  • CSIR-NIIST: The National Institute for Interdisciplinary Science and Technology under CSIR focuses on sustainable technologies and innovation through research in chemical, biological, and materials sciences.
  • NECTAR: The North East Centre for Technology Application and Reach is an autonomous body under the Department of Science & Technology, Government of India, aimed at bringing technological solutions to the Northeast region.
  • Vegan Leather: An eco-friendly, plant-based leather alternative made using agricultural residues, offering a sustainable replacement for synthetic and animal-based leather with reduced chemical use.
  • Building Integrated Photovoltaics (BIPV): A solar technology where photovoltaic materials are integrated into building components like walls and roofs, announced in a parallel Indo-German declaration with GIZ.
  • Atmanirbhar Bharat: A government initiative aimed at making India self-reliant in economic and industrial growth by boosting local manufacturing and innovation.

Tabular Summary:

Parameter Details
Event name MoU between CSIR-NIIST and NECTAR for vegan leather manufacturing
Announcement date 23 June 2025
Location Northeast India (units), New Delhi (MoU signed)
Issuing authority CSIR-NIIST and NECTAR
Policy/series name Plant-based Vegan Leather Technology Transfer
Key figures Dr. C. Anandharamakrishnan, Dr. Arun Kumar Sarma, Dr. N. Kalaiselvi
Purpose/reason To convert agro-waste into sustainable vegan leather
Feature details Establishment of common facilities and support to MSMEs and women SHGs
Validity or status MoU signed, project implementation to follow
Strategic/significant value Supports sustainability, employment, and national missions like Swachh Bharat

16. Which state was declared the third fully literate state in India in June 2025?
A) Kerala
B) Tripura
C) Sikkim
D) Himachal Pradesh
E) Arunachal Pradesh
Answer: B) Tripura

Event and Location:

  • Event: Declaration of Tripura as India’s third fully literate state
  • Location: Rabindra Bhavan, Tripura
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: The Union Ministry of Education officially declared Tripura as the third fully literate state in India, following Mizoram and Goa.
  • Objectives: The goal is to recognize Tripura’s success in educating over 23,000 adults, support the national vision of Viksit Bharat 2047, and promote continuous learning and skill development among newly literate citizens.

Important Terms Explained:

  • Fully Literate State: A state where 100% of the eligible adult population is functionally literate, meaning they possess the ability to read and write with understanding.
  • Viksit Bharat: A vision launched by the Government of India aiming to make India a fully developed nation by the year 2047, marking 100 years of independence.
  • Union Ministry of Education: The central government body responsible for formulating national policies on education and overseeing literacy, school, and adult education programs.

Tabular Summary:

Parameter Details
Event name Tripura declared fully literate state
Announcement date 23 June 2025
Location Rabindra Bhavan, Tripura
Issuing authority Union Ministry of Education
Policy/series name Adult Literacy Campaign (under Viksit Bharat vision)
Key figures CM Manik Saha, Director Preeti Meena, MoE
Purpose/reason To recognize Tripura’s achievement in eradicating adult illiteracy
Feature details Over 23,000 adults educated under literacy programs
Validity or status Official status granted as of June 2025
Strategic/significant value Supports the national literacy mission and Viksit Bharat 2047 goal

17. Which organization awarded NLC India Renewables the 500-MWh Battery Energy Storage System (BESS) project in Tamil Nadu?
A) Tamil Nadu Power Finance Corporation
B) Tamil Nadu Green Energy Corporation Limited
C) Tamil Nadu Electricity Board
D) Solar Energy Corporation of India
E) NTPC Limited
Answer: B) Tamil Nadu Green Energy Corporation Limited

Event and Location:

  • Event: Award of 500-MWh Battery Energy Storage System project to NLC India Renewables
  • Location: Ottapidaram, Anuppankulam, and Kayathur substations, Tamil Nadu
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: Neyveli India Renewables Limited (NIRL), a subsidiary of NLC India Ltd, has been awarded a 500-MWh Battery Energy Storage System (BESS) project by Tamil Nadu Green Energy Corporation Limited (TNGECL).
  • Objectives: The objective is to install three standalone BESS projects with a combined capacity of 250 MW/500 MWh across different substations in Tamil Nadu to support the state’s renewable energy grid and improve power reliability and storage.

Important Terms Explained:

  • Battery Energy Storage System (BESS): A technology that stores energy for later use using rechargeable batteries. It helps in grid stabilization, load balancing, and integrating renewable energy like solar and wind.
  • Neyveli India Renewables Limited (NIRL): A fully owned subsidiary of NLC India Limited, responsible for executing renewable energy projects, especially solar and battery storage systems.
  • Tamil Nadu Green Energy Corporation Limited (TNGECL): A state-owned enterprise tasked with promoting green and clean energy initiatives in Tamil Nadu.

Tabular Summary:

Parameter Details
Event name NLC India Renewables awarded 500-MWh BESS project
Announcement date 23 June 2025
Location Ottapidaram, Anuppankulam, Kayathur (Tamil Nadu)
Issuing authority Tamil Nadu Green Energy Corporation Limited (TNGECL)
Policy/series name Standalone Battery Energy Storage System Projects
Key figures NIRL (subsidiary of NLC India Ltd), CMD Prasanna Kumar Motupalli
Purpose/reason To enhance renewable energy integration and ensure grid reliability
Feature details Total 250 MW/500 MWh capacity across three substations
Validity or status Project awarded; implementation upcoming
Strategic/significant value Supports clean energy goals and power management for Tamil Nadu

18. Where is the Assam government currently planning to set up the proposed 3,000-MW thermal power project?
A) Kokrajhar
B) Jagiroad
C) Dhubri or Goalpara
D) Dibrugarh
E) Silchar
Answer: C) Dhubri or Goalpara

Event and Location:

  • Event: Announcement of a 3,000-MW thermal power project site in Assam
  • Location: Dhubri or Goalpara, Assam
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: The Assam government, led by Chief Minister Himanta Biswa Sarma, announced the plan to set up a 3,000-MW thermal power project in the state, identifying Dhubri and Goalpara as possible locations.
  • Objectives: The project aims to attract investment of ₹40,000 crore, generate over one lakh direct and indirect jobs, and strengthen Assam’s power infrastructure while avoiding tribal land disputes in Kokrajhar, where the project was initially proposed.

Important Terms Explained:

  • Thermal Power Project: A power generation facility that uses heat energy—commonly from coal, gas, or oil—to produce electricity. It plays a crucial role in meeting base-load energy demands.
  • Bigha: A traditional unit of land measurement used in India, varying regionally; in Assam, one bigha is typically about 14,400 square feet.
  • Jagiroad Semiconductor Project: A ₹26,000 crore semiconductor manufacturing unit being developed by Tata Group in Jagiroad, Assam, aimed at boosting the electronics and chip manufacturing sector under India’s tech-driven growth plans.
  • Direct and Indirect Employment: Employment opportunities created both through direct project roles and indirectly via supply chains, services, and local economic activity linked to the project.

Tabular Summary:

Parameter Details
Event name Announcement of 3,000-MW thermal power project in Assam
Announcement date 23 June 2025
Location Dhubri or Goalpara (tentative), Assam
Issuing authority Assam State Government
Policy/series name Large-scale Infrastructure Development and Power Generation Project
Key figures CM Himanta Biswa Sarma
Purpose/reason To boost energy infrastructure and create massive employment opportunities
Feature details ₹40,000 crore investment; over 1 lakh jobs expected; 3,000-MW capacity
Validity or status Locations shortlisted; tender to be issued soon
Strategic/significant value Balances development needs with land sensitivity and local equity

19. How much amount was allocated by the Tamil Nadu government for road development under the Chief Minister’s Road Development Scheme?
A) ₹2,207 crore
B) ₹3,858 crore
C) ₹8,076 crore
D) ₹17,154 crore
E) ₹731 crore
Answer: B) ₹3,858 crore

Event and Location:

  • Event: Allocation of funds for road development under the Chief Minister’s Road Development Scheme
  • Location: Tamil Nadu
  • Date: 23 June 2025

Mandates and Objectives:

  • Mandates: The Tamil Nadu government allocated ₹3,858 crore for the development of 448 km of four-lane roads and 1,681 km of two-lane roads under the Chief Minister’s Road Development Scheme.
  • Objectives: The aim is to improve transport connectivity, ease traffic congestion, transform existing causeways and culverts into high-level bridges, and upgrade urban and rural infrastructure to support socio-economic development.

Important Terms Explained:

  • Chief Minister’s Road Development Scheme: A state initiative launched in 2021 to improve road infrastructure across Tamil Nadu by constructing and upgrading major roads.
  • Comprehensive Road Infrastructure Development Programme: A broad infrastructure program that allocated ₹17,154 crore for 9,620 km of road development and 996 bridge/culvert projects.
  • Integrated Road Infrastructure Development Scheme: Another infrastructure initiative where 2,264 km of road projects were undertaken with ₹8,076 crore, including bridge and culvert upgrades.
  • Causeway to Highlevel Bridge Conversion: A significant infrastructure upgrade to allow safer and more reliable road crossings, especially during floods.

Tabular Summary:

Parameter Details
Event name ₹3,858 crore allocated for road development under CM’s scheme
Announcement date 23 June 2025
Location Tamil Nadu
Issuing authority Tamil Nadu Highways Department
Policy/series name Chief Minister’s Road Development Scheme
Key figures CM M. K. Stalin, Tamil Nadu Govt, NABARD (loan support)
Purpose/reason Improve road quality, connectivity, and safety across the state
Feature details 448 km of 4-lane roads, 1,681 km of 2-lane roads, multiple bridge upgrades
Validity or status Ongoing; work in progress for large portions
Strategic/significant value Boosts infrastructure and creates economic development opportunities

20. What is the total length of the Gorakhpur Link Expressway inaugurated by CM Yogi Adityanath in June 2025?
A) 76.5 km
B) 300 km
C) 91.35 km
D) 340 km
E) 115.2 km
Answer: C) 91.35 km

Event and Location:

  • Event: Inauguration of the Gorakhpur Link Expressway
  • Location: Azamgarh, Uttar Pradesh
  • Date: 20 June 2025

Mandates and Objectives:

  • Mandates: Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the Gorakhpur Link Expressway, a 91.35 km expressway built at a cost of over ₹7,283 crore, to connect key eastern districts with major transport corridors.
  • Objectives: The expressway aims to enhance connectivity, attract investment, boost industrial development, and support logistics, agriculture, and trade sectors in eastern Uttar Pradesh. It also reinforces U.P.’s ambition to transform from a BIMARU state into a growth engine for the nation.

Important Terms Explained:

  • Gorakhpur Link Expressway: A 91.35 km expressway designed to provide faster and smoother connectivity between Gorakhpur and the Purvanchal Expressway, aiding economic development in eastern Uttar Pradesh.
  • BIMARU States: An acronym for Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh—states historically labeled as economically lagging. U.P. now aims to shed this tag through rapid infrastructure expansion.
  • Double-Engine Government: A political term often used to describe same-party governance at both state and central levels, leading to faster policy execution and development.
  • Purvanchal Expressway: A 340 km long operational expressway in U.P. connecting Lucknow with eastern regions, providing logistical advantages and fostering development.

Tabular Summary:

Parameter Details
Event name Inauguration of Gorakhpur Link Expressway
Announcement date 20 June 2025
Location Azamgarh, Uttar Pradesh
Issuing authority Government of Uttar Pradesh
Policy/series name U.P. Expressway Development Strategy
Key figures CM Yogi Adityanath
Purpose/reason Enhance regional development, investment, and industrial connectivity
Feature details 91.35 km expressway costing ₹7,283 crore; connects 4 major districts
Validity or status Project inaugurated and operational
Strategic/significant value Key step in transforming U.P. from BIMARU status to growth engine

21. How many unemployed youths in Yadgir district received benefits under the Yuva Nidhi scheme, as of June 2025?
A) 18,275
B) 25,910
C) 39,132
D) 45,000
E) 32,500
Answer: C) 39,132

Event and Location:

  • Event: Disbursement of unemployment allowance under Yuva Nidhi scheme
  • Location: Yadgir district, Karnataka
  • Date: 23 June 2025 (reported)

Mandates and Objectives:

  • Mandates: The Karnataka government, under its Yuva Nidhi scheme, disbursed ₹11.70 lakh as unemployment allowance to 39,132 graduates and diploma holders in Yadgir district via Direct Benefit Transfer (DBT).
  • Objectives: The initiative aims to support financially vulnerable educated youth, bridge the post-graduation unemployment gap, and encourage job-seeking behavior through conditional assistance and self-declaration compliance mechanisms.

Important Terms Explained:

  • Yuva Nidhi Scheme: A welfare scheme under the Karnataka government’s five guarantees, providing ₹3,000/month to unemployed graduates and ₹1,500/month to diploma holders for up to two years, starting six months post-completion of studies.
  • Direct Benefit Transfer (DBT): A payment mechanism where government subsidies or funds are transferred directly to beneficiaries’ bank accounts, ensuring transparency and reducing leakages.
  • Self-Declaration System: A compliance mechanism requiring beneficiaries to report monthly employment status and notify the government immediately upon job acquisition to avoid misuse.

Tabular Summary:

Parameter Details
Event name Yuva Nidhi scheme disbursement in Yadgir district
Announcement date 23 June 2025
Location Yadgir, Karnataka
Issuing authority Government of Karnataka
Policy/series name Yuva Nidhi (Unemployment Support Scheme)
Key figures CM Siddaramaiah, District Administration
Purpose/reason Provide monthly financial assistance to unemployed youth
Feature details ₹3,000 for graduates, ₹1,500 for diploma holders, DBT for 2 years
Validity or status Ongoing; monitored through self-declaration and compliance rules
Strategic/significant value Bridges education-employment gap and reflects inclusive welfare governance

22. Which new railway line connected Odisha’s Boudh district to the national rail network for the first time?
A) Jharsuguda–Bilaspur Line
B) Khurda Road–Balangir Line
C) Sonepur–Purunakatak Line
D) Sambalpur–Sason Line
E) Jaleswar–Bhadrak Line
Answer: C) Sonepur–Purunakatak Line

Event and Location:

  • Event: Inauguration of railway projects including first rail link to Boudh
  • Location: Bhubaneswar, Odisha (event location); Boudh (project impact location)
  • Date: 20 June 2025

Mandates and Objectives:

  • Mandates: Prime Minister Narendra Modi inaugurated, dedicated, and laid foundation stones for railway projects worth over ₹2,750 crore in Odisha. The key highlight was the inauguration of the 73 km Sonepur–Purunakatak rail line, connecting Boudh district headquarters to the national rail network for the first time.
  • Objectives:
    • Improve regional connectivity and infrastructure
    • Facilitate economic and agricultural development in interior Odisha
    • Enable access to healthcare, education, and markets
    • Promote balanced regional growth as part of ‘Viksit Bharat – Viksit Odisha’ vision

Important Terms Explained:

  • Sonepur–Purunakatak Railway Line: A newly inaugurated 73 km rail line under the Khurda Road–Balangir Rail Project that connects Boudh district to India’s rail network for the first time.
  • Viksit Bharat – Viksit Odisha: A developmental vision aimed at transforming India and its states through infrastructure-led inclusive growth and governance.
  • Freight Wagon Overhaul Facility: An industrial setup for servicing and maintaining freight wagons, contributing to improved logistics efficiency and job creation.
  • Road Over Bridge (ROB): A bridge built over a railway line to ensure smooth flow of vehicular traffic without level crossings, enhancing safety and reducing congestion.

Tabular Summary:

Parameter Details
Event name Inauguration of new railway projects in Odisha
Announcement date 20 June 2025
Location Bhubaneswar, Odisha
Issuing authority Prime Minister of India, Indian Railways
Rail Line Inaugurated Sonepur–Purunakatak (73 km)
Foundation Laid Sarla–Sason 3rd & 4th line (16 km) – ₹252 crore
Total Project Cost ₹2,750 crore
Dedicated Infrastructure Freight hub, subway, link line, ROB, 4th line Jharsuguda–Jamga
New Train Services Boudh–Bhubaneswar and Sambalpur–Boudh Weekly Express
Purpose/reason Boost regional rail connectivity and fulfill developmental aspirations
Strategic significance First-time rail access to Boudh; supports economy, healthcare, and mobility

23. What is the revised monthly social security pension amount announced by Bihar CM Nitish Kumar in June 2025?
A) ₹500
B) ₹750
C) ₹900
D) ₹1,100
E) ₹1,200
Answer: D) ₹1,100

Event and Location:

  • Event: Announcement of hike in social security pensions in Bihar
  • Location: Bihar
  • Date: 22 June 2025 (announcement), effective from July 2025

Mandates and Objectives:

  • Mandates: Bihar Chief Minister Nitish Kumar announced a tripling of monthly pensions for the elderly, widows, and disabled, raising the amount from ₹400 to ₹1,100 ahead of the October–November 2025 Assembly elections.
  • Objectives:
    • Provide financial relief to over 1 crore vulnerable citizens
    • Leverage welfare policies to counter anti-incumbency and strengthen electoral outreach
    • Ensure timely and transparent pension delivery through Direct Benefit Transfer (DBT)
    • Increase allowances and financial powers for panchayat representatives to boost rural governance

Important Terms Explained:

  • Social Security Pensions: Monthly financial assistance given by the state to elderly citizens, widows, and persons with disabilities to support basic needs.
  • Direct Benefit Transfer (DBT): A payment method that allows government subsidies or financial aid to be transferred directly into the beneficiary’s bank account, minimizing leakages and ensuring transparency.
  • MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme): A central government employment scheme aimed at enhancing livelihood security in rural areas through guaranteed wage employment.
  • Mukhiyas: Elected heads of village panchayats in Bihar responsible for rural governance and scheme implementation at the grassroots level.

Tabular Summary:

Parameter Details
Event name Bihar government announces pension hike for social security beneficiaries
Announcement date 22 June 2025
Location Bihar
Issuing authority Government of Bihar, led by CM Nitish Kumar
Policy/series name Social Security Pension Scheme (State Scheme)
Key figures Nitish Kumar (CM), over 1.09 crore beneficiaries
Purpose/reason Provide welfare support; strategic pre-election relief
Feature details ₹1,100/month from July 2025; DBT by 10th of each month
Validity or status Effective from July 2025
Strategic/significant value Seen as a political move ahead of Bihar Assembly Elections 2025


Over All Review

Important Days

  • International Olympic Day 2025 was celebrated on June 23 to promote fitness, unity, and Olympic values.

Sports 

  • Carlos Alcaraz won the 2025 Queen’s Club Championship by defeating Jiri Lehecka in a three-set final.
  • India unveiled the logo and mascot ‘Viraaj’ for the 2025 World Para Athletics Championships on June 20, 2025.
  • Jasprit Bumrah became the first Asian fast bowler to take 150 Test wickets in SENA countries.

Banking and Finance 

  • Bajaj Allianz General Insurance launched India’s first state-wise customised health insurance plans on 20 June 2025.
  • Gold has surpassed the euro to become the world’s second-largest reserve asset as per ECB’s June 2025 report.
  • NPCI will roll out NACH 3.0 in July 2025, bringing faster salary, EMI, and SIP processing.
  • The RBI has announced final project finance norms effective from October 1, 2025.

Business And Economy

  • Adani New Industries Limited has launched India’s first off-grid 5 MW green hydrogen pilot plant in Kutch, Gujarat.
  • Waaree Renewable Technologies Ltd signed a non-binding MoU with Viet Khanh JSC for a 100MWp solar project in Ea Mdrod, Vietnam.

Appointments

  • Dr. Jency became Tamil Nadu’s first transgender woman to be appointed as an assistant professor at Loyola College.
  • Shri Sivasubramanian Ramann assumed charge as Chairperson of PFRDA on 20 June 2025.

Awards 

  • India Post Payments Bank (IPPB) won the Digital Payments Award 2024–25 for its leadership in digital inclusion.

International Affairs

  • A five-member delegation from Chile’s CODELCO has begun a three-week visit to Hindustan Copper Limited units across India.

National Affairs

  • CSIR-NIIST signed an MoU with NECTAR to establish plant-based vegan leather manufacturing units in Northeast India.
  • Tripura was officially declared the third fully literate state in India on 23 June 2025.
  • Neyveli India Renewables Limited has secured a 500-MWh battery storage project in Tamil Nadu from TNGECL.
  • Assam is planning a 3,000-MW thermal power project with potential sites in Dhubri or Goalpara districts.
  • Tamil Nadu has allocated ₹3,858 crore for developing over 2,100 km of roads under the Chief Minister’s Road Development Scheme.
  • CM Yogi Adityanath inaugurated the ₹7,283 crore Gorakhpur Link Expressway on June 20, 2025, in Azamgarh.
  • Karnataka disbursed ₹11.70 lakh to 39,132 unemployed youths in Yadgir under the Yuva Nidhi scheme.
  • Prime Minister Narendra Modi inaugurated ₹2,750 crore worth of railway projects in Odisha on June 20, 2025.
  • Bihar CM Nitish Kumar announced a threefold hike in monthly pensions to ₹1,100 for elderly, widows, and disabled persons.

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