India's Key Developments: Financial Reforms, Satellite Launch, and Major Incidents (November 1-2, 2025)
November 02, 2025
India witnessed a series of significant developments over the last 24 hours, including major financial and regulatory changes effective from November 1, 2025, impacting Aadhaar, banking, GST, and pensions. The Indian Space Research Organisation (ISRO) is set to launch its heaviest communication satellite, CMS-03, on November 2. Prime Minister Narendra Modi inaugurated development projects worth ā¹14,260 crore in Chhattisgarh. Tragically, a temple stampede in Andhra Pradesh claimed multiple lives, while Kerala achieved a milestone by declaring itself free from extreme poverty.
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Question 1 of 20
What is the mandatory deadline for linking Aadhaar with PAN cards to avoid invalidation?
Correct Answer: B) December 31, 2025
Full Answer: Ans: b) December 31, 2025
Full Answer: Ans: b) December 31, 2025
What is the maximum number of individuals an account holder can nominate per bank account, locker, or safe custody item under the revised banking regulations?
Correct Answer: D) Four
Full Answer: Ans: d) Four
Full Answer: Ans: d) Four
SBI Cardholders will face a 1% fee for which type of transactions?
Correct Answer: B) Education-related payments via third-party apps and wallet top-ups exceeding ā¹1,000
Full Answer: Ans: b) Education-related payments via third-party apps and wallet top-ups exceeding ā¹1,000
Full Answer: Ans: b) Education-related payments via third-party apps and wallet top-ups exceeding ā¹1,000
How has the Goods and Services Tax (GST) system been simplified?
Correct Answer: B) By replacing the four-slab structure with two main slabs and a 40% rate for luxury and sin goods
Full Answer: Ans: b) By replacing the four-slab structure with two main slabs and a 40% rate for luxury and sin goods
Full Answer: Ans: b) By replacing the four-slab structure with two main slabs and a 40% rate for luxury and sin goods
What is the updated charge for online non-biometric Aadhaar card updates like name or address?
Correct Answer: B) ā¹75
Full Answer: Ans: b) ā¹75
Full Answer: Ans: b) ā¹75
For how long do biometric updates for children's Aadhaar cards remain free, according to UIDAI updates?
Correct Answer: B) One year
Full Answer: Ans: b) One year
Full Answer: Ans: b) One year
What is the deadline for central and state government pensioners to submit their annual Life Certificates?
Correct Answer: B) End of November
Full Answer: Ans: b) End of November
Full Answer: Ans: b) End of November
The Reserve Bank of India (RBI) mandated banks to move their net banking website addresses to which exclusive domain?
Correct Answer: C) '.bank.in'
Full Answer: Ans: c) '.bank.in'
Full Answer: Ans: c) '.bank.in'
What is the name of ISRO's heaviest communication satellite launched on November 2, 2025?
Correct Answer: B) CMS-03
Full Answer: Ans: b) CMS-03
Full Answer: Ans: b) CMS-03
Which launch vehicle carried ISRO's heaviest communication satellite, CMS-03?
Correct Answer: C) LVM3-M5
Full Answer: Ans: c) LVM3-M5
Full Answer: Ans: c) LVM3-M5
Into which orbit was ISRO's heaviest communication satellite, CMS-03, launched?
Correct Answer: C) Geosynchronous Transfer Orbit (GTO)
Full Answer: Ans: c) Geosynchronous Transfer Orbit (GTO)
Full Answer: Ans: c) Geosynchronous Transfer Orbit (GTO)
Prime Minister Narendra Modi inaugurated development projects worth ā¹14,260 crore in which state on November 1, 2025?
Correct Answer: C) Chhattisgarh
Full Answer: Ans: c) Chhattisgarh
Full Answer: Ans: c) Chhattisgarh
A four-lane Greenfield Highway was inaugurated in Chhattisgarh under which central government initiative?
Correct Answer: C) Bharatmala Pariyojana
Full Answer: Ans: c) Bharatmala Pariyojana
Full Answer: Ans: c) Bharatmala Pariyojana
In which district of Andhra Pradesh did a tragic temple stampede occur on November 1, 2025?
Correct Answer: C) Srikakulam
Full Answer: Ans: c) Srikakulam
Full Answer: Ans: c) Srikakulam
Which Indian state was declared free from extreme poverty on November 1, 2025, becoming the first to make such a declaration?
Correct Answer: C) Kerala
Full Answer: Ans: c) Kerala
Full Answer: Ans: c) Kerala
The achievement of Kerala being declared free from extreme poverty followed the implementation of which project?
Correct Answer: C) Extreme Poverty Alleviation Project (EPEP)
Full Answer: Ans: c) Extreme Poverty Alleviation Project (EPEP)
Full Answer: Ans: c) Extreme Poverty Alleviation Project (EPEP)
Which two-time Grand Slam champion announced his retirement from professional tennis?
Correct Answer: B) Rohan Bopanna
Full Answer: Ans: b) Rohan Bopanna
Full Answer: Ans: b) Rohan Bopanna
Which team secured the 42nd Indian Oil Servo Surjit Hockey Trophy for the third consecutive year?
Correct Answer: C) Indian Oil Mumbai
Full Answer: Ans: c) Indian Oil Mumbai
Full Answer: Ans: c) Indian Oil Mumbai
What significant feature is planned for India's Population Census 2027, making it a first in independent India?
Correct Answer: B) It will be the first digital Census and the first to enumerate caste
Full Answer: Ans: b) It will be the first digital Census and the first to enumerate caste
Full Answer: Ans: b) It will be the first digital Census and the first to enumerate caste
What is the consequence for PAN cards not linked with Aadhaar by December 31, 2025?
Correct Answer: C) The PAN card will be invalidated from January 1, 2026
Full Answer: Ans: c) The PAN card will be invalidated from January 1, 2026
Full Answer: Ans: c) The PAN card will be invalidated from January 1, 2026