India Rolls Out New Employee Enrollment Scheme and Key Financial Policy Changes Effective November 1, 2025
November 02, 2025
India has ushered in November 2025 with significant policy updates, including the launch of the Employee Enrollment Scheme 2025 by the Ministry of Labour and Employment, aimed at formalizing the workforce and extending social security. Simultaneously, several financial regulations have come into effect, such as revised bank nomination rules, simplified Aadhaar updates, and crucial deadlines for pensioners.
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Question 1 of 15
Which Union Minister launched the Employee Enrollment Scheme 2025?
Correct Answer: B) Dr. Mansukh Mandaviya
Full Answer: Ans: b) Dr. Mansukh Mandaviya
Full Answer: Ans: b) Dr. Mansukh Mandaviya
On which significant occasion was the Employee Enrollment Scheme 2025 launched by the Union Minister of Labour and Employment?
Correct Answer: C) 73rd Foundation Day of the Employees' Provident Fund Organisation (EPFO)
Full Answer: Ans: c) 73rd Foundation Day of the Employees' Provident Fund Organisation (EPFO)
Full Answer: Ans: c) 73rd Foundation Day of the Employees' Provident Fund Organisation (EPFO)
What is the primary objective of the Employee Enrollment Scheme 2025?
Correct Answer: B) To promote voluntary compliance and expand social security coverage to previously excluded employees.
Full Answer: Ans: b) To promote voluntary compliance and expand social security coverage to previously excluded employees.
Full Answer: Ans: b) To promote voluntary compliance and expand social security coverage to previously excluded employees.
The Employee Enrollment Scheme 2025 provides a six-month window for employers to regularize EPF compliance. When does this window officially close?
Correct Answer: B) April 30, 2026
Full Answer: Ans: b) April 30, 2026
Full Answer: Ans: b) April 30, 2026
For employees engaged during which period can employers regularize EPF compliance under the Employee Enrollment Scheme 2025?
Correct Answer: B) July 1, 2017, and October 31, 2025
Full Answer: Ans: b) July 1, 2017, and October 31, 2025
Full Answer: Ans: b) July 1, 2017, and October 31, 2025
What significant incentive is offered to employers regarding the employee's share of contribution under the Employee Enrollment Scheme 2025?
Correct Answer: B) The employee's share of contribution is waived for the declared period if it was not deducted earlier.
Full Answer: Ans: b) The employee's share of contribution is waived for the declared period if it was not deducted earlier.
Full Answer: Ans: b) The employee's share of contribution is waived for the declared period if it was not deducted earlier.
Under the Employee Enrollment Scheme 2025, what is the nominal penal damage an employer has to pay per establishment?
Correct Answer: B) ā¹100
Full Answer: Ans: b) ā¹100
Full Answer: Ans: b) ā¹100
According to the new nomination rules under the Banking Laws (Amendment) Act, 2025, how many individuals can a bank account holder nominate for their bank deposits and lockers?
Correct Answer: D) Up to four
Full Answer: Ans: d) Up to four
Full Answer: Ans: d) Up to four
Which specific demographic details can now be updated online through the myAadhaar site, as per new rules effective November 1, 2025?
Correct Answer: B) Name, address, and mobile number
Full Answer: Ans: b) Name, address, and mobile number
Full Answer: Ans: b) Name, address, and mobile number
What is the annual deadline for central and state government pensioners to submit their life certificate (Jeevan Pramaan) to ensure uninterrupted pension disbursement?
Correct Answer: B) November 30
Full Answer: Ans: b) November 30
Full Answer: Ans: b) November 30
For pensioners aged 80 and above, when did the extended window for submitting their annual life certificate begin in 2025?
Correct Answer: B) October 1, 2025
Full Answer: Ans: b) October 1, 2025
Full Answer: Ans: b) October 1, 2025
The deadline for central government employees to transition from the National Pension System (NPS) to the Unified Pension Scheme (UPS) was extended to which date in 2025?
Correct Answer: B) November 30, 2025
Full Answer: Ans: b) November 30, 2025
Full Answer: Ans: b) November 30, 2025
Which bank announced a reduction in locker rent charges across various categories, effective November 1, 2025?
Correct Answer: B) Punjab National Bank
Full Answer: Ans: b) Punjab National Bank
Full Answer: Ans: b) Punjab National Bank
SBI Card revised its fee structure for which specific types of payments, effective November 1, 2025?
Correct Answer: C) Education-related payments and wallet reloads
Full Answer: Ans: c) Education-related payments and wallet reloads
Full Answer: Ans: c) Education-related payments and wallet reloads
The Employee Enrollment Scheme 2025 aims to strengthen the goal of which broader government initiative?
Correct Answer: C) Social Security for All
Full Answer: Ans: c) Social Security for All
Full Answer: Ans: c) Social Security for All