Daily Current Affairs MCQs: 8th August 2025 - Bank Exams MCQ

The term "Goldilocks situation" refers to an economic condition characterized by moderate growth, low inflation, and favorable monetary conditions. This phrase suggests that the economy is not too hot (leading to inflation) or too cold (leading to stagnation), but just right, allowing for stable growth and positive corporate earnings.

Despite the positive indicators such as GDP growth, challenges like income inequality and stagnant wage growth undermine the narrative of a stable economy. These issues reveal deeper structural imbalances that threaten the overall economic balance and quality of life for many citizens.

The Coastal Shipping Bill, 2024 aims to modernize and streamline India's coastal trade by providing a dedicated legal framework, which is critical for reducing logistics costs and promoting sustainable transportation. This represents a legislative reform to enhance the efficiency of maritime operations.

Prophylaxis Therapy involves regular infusions of clotting factors to prevent bleeding episodes, fundamentally shifting the approach to hemophilia care from reactive treatment to a preventive strategy. This is especially crucial for improving the quality of life and reducing long-term complications.

The report emphasizes a severe groundwater contamination crisis in India, which poses significant public health threats linked to chronic illnesses. Contaminants such as nitrates, heavy metals, and pathogens are prevalent, indicating a need for immediate action to safeguard public health.

The District Flood Severity Index (DFSI) is designed to provide a comprehensive assessment of flood severity by incorporating historical data and indicators reflecting human impact. This dual approach enhances disaster management planning and response strategies at the district level.

The ICJ's advisory opinion clarifies that states have binding legal obligations to protect the global climate system. This ruling reinforces the necessity for governments to adhere to international treaties and emphasizes the legal accountability for emissions, making climate action a matter of international law.

The Indian flapshell turtle is listed as vulnerable on the IUCN Red List, highlighting the need for conservation efforts due to threats such as habitat loss and illegal trade. This status underscores the importance of protecting this species to ensure its survival.

The Yashoda AI Literacy Program aims to empower women with essential skills related to cybersecurity, digital privacy, and safe online practices. This initiative seeks to promote digital inclusion and enhance the capacity of women to navigate the digital landscape safely.

On August 5, 2025, the Upper Bhagirathi Valley experienced a series of climate-related disasters, highlighting the region's vulnerability to climate change. This event underscores the need for urgent policy reforms and better governance to address the impacts of global warming and protect local communities from future disasters.