MCQ Test: India Unveils Key Policy Updates and Financial Reforms in November 2025

On November 19, 2025, which installment of the PM-KISAN scheme was released, and what was the approximate total amount transferred to eligible farmers?

A) 20th installment, ₹15,000 crore B) 21st installment, ₹18,000 crore C) 22nd installment, ₹20,000 crore D) 19th installment, ₹12,000 crore

Under the new rules for the Pradhan Mantri Fasal Bima Yojana (PMFBY), which types of crop damages have been newly included for coverage?

A) Drought and pest attacks B) Wild animal attacks and paddy inundation C) Hailstorms and landslides D) Earthquake and fire incidents

What is the mandated time frame for farmers to report crop losses, including those from wild animal attacks and paddy inundation, under the revised PMFBY rules?

A) Within 24 hours B) Within 48 hours C) Within 72 hours D) Within 96 hours

As of November 19, 2025, what was the approximate total deposit amount in Sukanya Samriddhi Yojana accounts, and what is its current interest rate?

A) ₹2,50,000 crore, 7.6% B) ₹3,25,000 crore, 8.2% C) ₹4,00,000 crore, 7.9% D) ₹2,75,000 crore, 8.5%

The Sukanya Samriddhi Yojana, which has seen over four crore accounts opened, was launched approximately how long ago from November 2025?

A) Five years ago B) Seven years ago C) A decade ago D) Fifteen years ago

Effective November 1, 2025, what major change was implemented in India's Goods and Services Tax (GST) system?

A) Introduction of a single-slab system B) Replacement of the four-slab structure with a two-slab system C) Removal of GST on all essential goods D) Increase in the highest GST slab to 50%

Which specific GST slabs were removed as part of the new two-slab system implemented from November 1, 2025?

A) 5% and 18% B) 12% and 28% C) 0% and 5% D) 18% and 40%

To streamline financial operations and reduce disputes, how many individuals can customers now nominate for their deposit accounts, lockers, or safe custody items?

A) One individual B) Up to two individuals C) Up to three individuals D) Up to four individuals

What is the extended deadline for central government employees to switch from the National Pension System (NPS) to the Unified Pension Scheme (UPS)?

A) October 31, 2025 B) November 30, 2025 C) December 31, 2025 D) January 31, 2026

All central and state government pensioners are mandated to submit their annual Life Certificate (Jeevan Pramaan) between which dates to ensure uninterrupted pension payments?

A) October 1 and October 31 B) November 1 and November 30 C) December 1 and December 31 D) January 1 and January 31

Who launched the Defence Procurement Manual (DPM) 2025, which became effective on November 1, 2025?

A) Prime Minister Narendra Modi B) Finance Minister Nirmala Sitharaman C) Raksha Mantri Shri Rajnath Singh D) Home Minister Amit Shah

A primary objective of the Defence Procurement Manual (DPM) 2025 is to align with which national vision?

A) Digital India B) Skill India C) Make in India D) Aatmanirbhar Bharat

What is the allocated fund for the Research Development and Innovation (RDI) Scheme Fund launched on November 3, 2025, to foster private sector-driven innovation?

A) ₹50,000 crore B) ₹75,000 crore C) ₹1 lakh crore D) ₹1.5 lakh crore

The government revoked the Quality Control Order (QCO) for Viscose Staple Fibre (VSF) primarily to achieve what objective?

A) Increase exports of VSF products B) Reduce the price of synthetic textiles C) Improve availability of raw materials for the textile industry D) Promote the use of natural fibres over synthetic ones

Which government initiatives are mentioned as continuing to strengthen India's digital financial framework and enhance financial inclusion?

A) Make in India and Startup India B) Swachh Bharat Abhiyan and Beti Bachao Beti Padhao C) JAM Trinity and Unified Payments Interface (UPI) D) Pradhan Mantri Awas Yojana and Ayushman Bharat

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India Unveils Key Policy Updates and Financial Reforms in November 2025

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On November 19, 2025, which installment of the PM-KISAN scheme was released, and what was the approximate total amount transferred to eligible farmers?

Under the new rules for the Pradhan Mantri Fasal Bima Yojana (PMFBY), which types of crop damages have been newly included for coverage?

What is the mandated time frame for farmers to report crop losses, including those from wild animal attacks and paddy inundation, under the revised PMFBY rules?

As of November 19, 2025, what was the approximate total deposit amount in Sukanya Samriddhi Yojana accounts, and what is its current interest rate?

The Sukanya Samriddhi Yojana, which has seen over four crore accounts opened, was launched approximately how long ago from November 2025?

Effective November 1, 2025, what major change was implemented in India's Goods and Services Tax (GST) system?

Which specific GST slabs were removed as part of the new two-slab system implemented from November 1, 2025?

To streamline financial operations and reduce disputes, how many individuals can customers now nominate for their deposit accounts, lockers, or safe custody items?

What is the extended deadline for central government employees to switch from the National Pension System (NPS) to the Unified Pension Scheme (UPS)?

All central and state government pensioners are mandated to submit their annual Life Certificate (Jeevan Pramaan) between which dates to ensure uninterrupted pension payments?

Who launched the Defence Procurement Manual (DPM) 2025, which became effective on November 1, 2025?

A primary objective of the Defence Procurement Manual (DPM) 2025 is to align with which national vision?

What is the allocated fund for the Research Development and Innovation (RDI) Scheme Fund launched on November 3, 2025, to foster private sector-driven innovation?

The government revoked the Quality Control Order (QCO) for Viscose Staple Fibre (VSF) primarily to achieve what objective?

Which government initiatives are mentioned as continuing to strengthen India's digital financial framework and enhance financial inclusion?

India Unveils Key Policy Updates and Financial Reforms in November 2025

Your Score: 0 / 0

On November 19, 2025, which installment of the PM-KISAN scheme was released, and what was the approximate total amount transferred to eligible farmers?

Under the new rules for the Pradhan Mantri Fasal Bima Yojana (PMFBY), which types of crop damages have been newly included for coverage?

What is the mandated time frame for farmers to report crop losses, including those from wild animal attacks and paddy inundation, under the revised PMFBY rules?

As of November 19, 2025, what was the approximate total deposit amount in Sukanya Samriddhi Yojana accounts, and what is its current interest rate?

The Sukanya Samriddhi Yojana, which has seen over four crore accounts opened, was launched approximately how long ago from November 2025?

Effective November 1, 2025, what major change was implemented in India's Goods and Services Tax (GST) system?

Which specific GST slabs were removed as part of the new two-slab system implemented from November 1, 2025?

To streamline financial operations and reduce disputes, how many individuals can customers now nominate for their deposit accounts, lockers, or safe custody items?

What is the extended deadline for central government employees to switch from the National Pension System (NPS) to the Unified Pension Scheme (UPS)?

All central and state government pensioners are mandated to submit their annual Life Certificate (Jeevan Pramaan) between which dates to ensure uninterrupted pension payments?

Who launched the Defence Procurement Manual (DPM) 2025, which became effective on November 1, 2025?

A primary objective of the Defence Procurement Manual (DPM) 2025 is to align with which national vision?

What is the allocated fund for the Research Development and Innovation (RDI) Scheme Fund launched on November 3, 2025, to foster private sector-driven innovation?

The government revoked the Quality Control Order (QCO) for Viscose Staple Fibre (VSF) primarily to achieve what objective?

Which government initiatives are mentioned as continuing to strengthen India's digital financial framework and enhance financial inclusion?

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