India Advances Economic Reforms, Social Welfare, and Digital Initiatives: Key Policy Updates from December 2-3, 2025
December 03, 2025
In the last 24 hours, India has seen significant developments across its government schemes and policies. The Reserve Bank of India is expected to maintain its repo rate amidst strong economic growth, while new financial and digital reforms are set to boost various sectors. Key initiatives focus on empowering MSMEs, enhancing social welfare for pensioners and persons with disabilities, and accelerating clean energy adoption. Cybersecurity measures have been strengthened, and a robust legislative agenda is underway in Parliament.
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Question 1 of 18
According to the Bank of Baroda report, what is the Reserve Bank of India (RBI) likely to do with the repo rate in its upcoming December monetary policy announcement?
Correct Answer: C) Keep it unchanged at 5.50%
Full Answer: Ans: c) Keep it unchanged at 5.50%
Full Answer: Ans: c) Keep it unchanged at 5.50%
Which of the following factors primarily contributed to the Reserve Bank of India's (RBI) likely decision to keep the repo rate unchanged in December, as per the report?
Correct Answer: B) Robust economic performance and eased inflation
Full Answer: Ans: b) Robust economic performance and eased inflation
Full Answer: Ans: b) Robust economic performance and eased inflation
Effective April 1, 2025, what is the new guarantee ceiling for Micro and Small Enterprises (MSEs) under the Credit Guarantee Scheme (CGS)?
Correct Answer: C) Rs. 10 crore
Full Answer: Ans: c) Rs. 10 crore
Full Answer: Ans: c) Rs. 10 crore
Which digital platform was launched on June 27, 2025, to facilitate the end-to-end digitized resolution of delayed payment cases for MSMEs?
Correct Answer: C) Online Dispute Resolution (ODR) Portal
Full Answer: Ans: c) Online Dispute Resolution (ODR) Portal
Full Answer: Ans: c) Online Dispute Resolution (ODR) Portal
What is the maximum loan amount provided to artisans under the PM Vishwakarma scheme, launched in September 2023, along with interest subvention?
Correct Answer: C) Up to Rs. 3 lakh
Full Answer: Ans: c) Up to Rs. 3 lakh
Full Answer: Ans: c) Up to Rs. 3 lakh
The Department of Pensions and Pensioners' Welfare (DoPPW)'s DLC Campaign 4.0 saw a significant increase in the use of which technology for submitting Digital Life Certificates (DLCs)?
Correct Answer: C) Face Authentication Technology
Full Answer: Ans: c) Face Authentication Technology
Full Answer: Ans: c) Face Authentication Technology
At which event was the revamped Sugamya Bharat App, a digital accessibility hub for persons with disabilities, officially launched?
Correct Answer: B) International Purple Fest 2025
Full Answer: Ans: b) International Purple Fest 2025
Full Answer: Ans: b) International Purple Fest 2025
Which organization is responsible for expanding the world's largest Indian Sign Language (ISL) digital repository and dictionary?
Correct Answer: C) Indian Sign Language Research and Training Centre (ISLRTC)
Full Answer: Ans: c) Indian Sign Language Research and Training Centre (ISLRTC)
Full Answer: Ans: c) Indian Sign Language Research and Training Centre (ISLRTC)
The "Sweet Revolution" initiative, aimed at boosting India's honey production and exports, is carried out through which government scheme?
Correct Answer: B) National Beekeeping and Honey Mission (NBHM)
Full Answer: Ans: b) National Beekeeping and Honey Mission (NBHM)
Full Answer: Ans: b) National Beekeeping and Honey Mission (NBHM)
The National Beekeeping and Honey Mission (NBHM) operates as a Central Sector Scheme under which Union Ministry?
Correct Answer: C) Ministry of Agriculture & Farmers' Welfare
Full Answer: Ans: c) Ministry of Agriculture & Farmers' Welfare
Full Answer: Ans: c) Ministry of Agriculture & Farmers' Welfare
Under the amended Telecommunication Cyber Security (TCS) Rules, 2025, what new mandate has been introduced for messaging applications to combat cross-border fraud?
Correct Answer: B) Continuous SIM-based authentication and six-hour auto-logouts
Full Answer: Ans: b) Continuous SIM-based authentication and six-hour auto-logouts
Full Answer: Ans: b) Continuous SIM-based authentication and six-hour auto-logouts
The Mobile Number Validation (MNV) platform has been formalized to prevent which specific issues in financial and digital services?
Correct Answer: B) Identity fraud and "mule accounts"
Full Answer: Ans: b) Identity fraud and "mule accounts"
Full Answer: Ans: b) Identity fraud and "mule accounts"
Which Union Ministry introduced the e-Arrival Card, effective October 1, 2025, for streamlining international travel?
Correct Answer: D) Ministry of Home Affairs
Full Answer: Ans: d) Ministry of Home Affairs
Full Answer: Ans: d) Ministry of Home Affairs
Which international financial institution approved a $650 million policy-based loan to support India's Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY)?
Correct Answer: C) Asian Development Bank (ADB)
Full Answer: Ans: c) Asian Development Bank (ADB)
Full Answer: Ans: c) Asian Development Bank (ADB)
What is the target for rooftop solar adoption under the Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY) by the year 2027?
Correct Answer: B) 10 million households
Full Answer: Ans: b) 10 million households
Full Answer: Ans: b) 10 million households
Under the Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY), what is the subsidy percentage offered for residential rooftop solar systems up to 2 kW?
Correct Answer: D) 60%
Full Answer: Ans: d) 60%
Full Answer: Ans: d) 60%
What is India's long-term goal, as mentioned in the context of the government's legislative efforts and economic reforms, to be achieved by 2047?
Correct Answer: C) Becoming a "developed country"
Full Answer: Ans: c) Becoming a "developed country"
Full Answer: Ans: c) Becoming a "developed country"
The upcoming winter session of Parliament plans to introduce key bills targeting economic reforms in which of the following crucial sectors?
Correct Answer: C) Insurance, Atomic Energy, Insolvency, and Financial Markets
Full Answer: Ans: c) Insurance, Atomic Energy, Insolvency, and Financial Markets
Full Answer: Ans: c) Insurance, Atomic Energy, Insolvency, and Financial Markets