Daily Current Affairs MCQs: 2nd July 2025 - Bank Exams MCQ

The ELI scheme aims to create over 3.5 crore jobs within two years by focusing on integrating first-time employees into the workforce and boosting job opportunities in the manufacturing sector. It seeks to address challenges in the labor market, promote formal employment, and incentivize employers to hire new workers.

The active Madden-Julian Oscillation (MJO) plays a crucial role in enhancing the monsoon by increasing cloud cover and moisture, thereby leading to stronger rainfall. This year, it contributed significantly to the monsoon's early arrival, along with other favorable atmospheric conditions.

The 13-point roster system shifted the calculation of reservations from the institution level to individual departments. This change adversely affected smaller departments, which often do not meet the threshold for mandatory reserved posts, leading to a shortfall in representation of marginalized communities in faculty positions.

The 'QUAD At Sea Ship Observer Mission' includes officers from all QUAD nations—India, Japan, the United States, and Australia—highlighting gender inclusion as a significant feature. This mission aims to enhance maritime collaboration and security in the Indo-Pacific region through joint training operations and emergency response coordination.

The ELI scheme aims to reduce informal employment and promote labor formalization by providing financial incentives to employers who create new jobs. This approach is crucial for addressing the challenges in India's labor market and encouraging employers to hire new workers.

The India Energy Stack (IES) aims to create a unified, secure, and interoperable digital backbone for India's entire energy ecosystem, involving various stakeholders. It facilitates integration of technologies, real-time data sharing, and enables peer-to-peer energy trading, promoting a modernized energy landscape.

The Gross Value of Output (GVO) for strawberries saw an increase of over 40 times from 2011-12 to 2023-24, indicating a significant shift towards high-value crops among farmers. This dramatic growth reflects changing consumer preferences and advancements in agricultural practices.

The implementation of the 13-point roster system poses a challenge for smaller academic departments as they often do not meet the required threshold for mandatory reserved posts. This situation has contributed to the existing vacancies and underrepresentation of marginalized communities in university faculties.

The QUAD alliance is best described as a strategic dialogue involving India, Australia, Japan, and the United States, focused on maintaining peace and stability in the Indo-Pacific region. Although not a formal military alliance, it emphasizes collaboration on security, trade, and regional stability.

The primary concern regarding the vacancies in reserved faculty positions across Indian central universities is the systemic barriers that hinder compliance with reservation policies. Factors such as biased recruitment practices and institutional autonomy contribute to the persistence of these vacancies, impacting social justice in academia.