MCQ Test: India Rolls Out Key Policy Changes and Scheme Extensions on October 1, 2025

1. What is the extended validity period for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, as notified by the DGFT?

A) September 30, 2025 B) December 31, 2025 C) March 31, 2026 D) June 30, 2026

2. Effective October 1, 2025, which document has been replaced by a mandatory digital e-Arrival Card for all foreign travelers entering India?

A) Visa application form B) Customs declaration form C) Paper-based disembarkation forms D) Health declaration form

3. For the October-December 2025 quarter, what is the interest rate for the Public Provident Fund (PPF) scheme?

A) 7.7% B) 7.1% C) 8.2% D) 7.5%

4. Which new system for cheque clearing is the Reserve Bank of India (RBI) transitioning to, starting in phases from October 4, 2025?

A) Real-Time Gross Settlement (RTGS) B) Immediate Payment Service (IMPS) C) Continuous cheque clearing system D) National Electronic Funds Transfer (NEFT)

5. The new Promotion & Regulation of Online Gaming Act, effective October 1, 2025, specifically bans which type of online activities?

A) E-sports and skill-based games B) Real-money betting and gambling applications C) Online board games D) Educational gaming platforms

6. What specific feature has the National Payments Corporation of India (NPCI) discontinued for UPI transactions to enhance security and mitigate fraud risks?

A) QR code scanning B) P2P "collect request" (pull transaction) C) UPI Lite payments D) Bill payments via UPI

7. How many consecutive quarters have the interest rates for most small savings schemes remained unchanged, including the October-December 2025 quarter?

A) Third B) Fourth C) Fifth D) Sixth

8. What new flexibility has been granted to non-government subscribers of the National Pension System (NPS) from October 1, 2025?

A) Unlimited withdrawals from their corpus B) Ability to invest up to 100% in equity C) A guaranteed minimum pension D) Automatic conversion to a fixed deposit on retirement

9. Foreign travelers are required to submit their digital e-Arrival Card information online within how many days prior to their arrival in India?

A) 10 days B) 7 days C) 5 days D) 3 days

10. Which type of banks are now permitted to provide working capital loans to jewellers, according to modified rules from October 1, 2025?

A) Regional Rural Banks (RRBs) B) Payment Banks C) Scheduled Commercial Banks (SCBs) D) Small Finance Banks (SFBs)

11. What is mandated for bank locker customers from October 1, 2025, in accordance with new RBI guidelines?

A) Linking their locker to their biometric data B) Increasing the insurance coverage for their locker contents C) Renewing or updating their bank locker agreements D) Providing a second nominee for their locker

12. By March 31, 2025, what was the approximate total disbursement under the RoDTEP scheme?

A) Rs. 35,000 crore B) Rs. 47,000 crore C) Rs. 58,000 crore D) Rs. 65,000 crore

13. Which flagship skill development framework is integrating agriculture for farmer training, as mentioned in the context of skill development for farmers?

A) National Skill Development Mission B) Pradhan Mantri Kaushal Vikas Yojana (PMKVY 4.0) C) Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) D) Skill India Mission

14. What is the primary objective of the government's decision to keep small savings scheme interest rates unchanged for the October-December 2025 quarter?

A) To align with commercial bank lending rates B) To protect savers' earnings amidst reduced FD rates C) To encourage investment in the stock market D) To reduce the government's interest burden

15. As of the September 30 deadline, approximately how many government employees had switched to the Unified Pension Scheme (UPS) out of 23 lakh eligible employees?

A) 50,000 B) 1 lakh C) 5 lakh D) 10 lakh

ALL TN Comp Exams Prep

India Rolls Out Key Policy Changes and Scheme Extensions on October 1, 2025

Your Score: 0 / 0

1. What is the extended validity period for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, as notified by the DGFT?

2. Effective October 1, 2025, which document has been replaced by a mandatory digital e-Arrival Card for all foreign travelers entering India?

3. For the October-December 2025 quarter, what is the interest rate for the Public Provident Fund (PPF) scheme?

4. Which new system for cheque clearing is the Reserve Bank of India (RBI) transitioning to, starting in phases from October 4, 2025?

5. The new Promotion & Regulation of Online Gaming Act, effective October 1, 2025, specifically bans which type of online activities?

6. What specific feature has the National Payments Corporation of India (NPCI) discontinued for UPI transactions to enhance security and mitigate fraud risks?

7. How many consecutive quarters have the interest rates for most small savings schemes remained unchanged, including the October-December 2025 quarter?

8. What new flexibility has been granted to non-government subscribers of the National Pension System (NPS) from October 1, 2025?

9. Foreign travelers are required to submit their digital e-Arrival Card information online within how many days prior to their arrival in India?

10. Which type of banks are now permitted to provide working capital loans to jewellers, according to modified rules from October 1, 2025?

11. What is mandated for bank locker customers from October 1, 2025, in accordance with new RBI guidelines?

12. By March 31, 2025, what was the approximate total disbursement under the RoDTEP scheme?

13. Which flagship skill development framework is integrating agriculture for farmer training, as mentioned in the context of skill development for farmers?

14. What is the primary objective of the government's decision to keep small savings scheme interest rates unchanged for the October-December 2025 quarter?

15. As of the September 30 deadline, approximately how many government employees had switched to the Unified Pension Scheme (UPS) out of 23 lakh eligible employees?

India Rolls Out Key Policy Changes and Scheme Extensions on October 1, 2025

Your Score: 0 / 0

1. What is the extended validity period for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, as notified by the DGFT?

2. Effective October 1, 2025, which document has been replaced by a mandatory digital e-Arrival Card for all foreign travelers entering India?

3. For the October-December 2025 quarter, what is the interest rate for the Public Provident Fund (PPF) scheme?

4. Which new system for cheque clearing is the Reserve Bank of India (RBI) transitioning to, starting in phases from October 4, 2025?

5. The new Promotion & Regulation of Online Gaming Act, effective October 1, 2025, specifically bans which type of online activities?

6. What specific feature has the National Payments Corporation of India (NPCI) discontinued for UPI transactions to enhance security and mitigate fraud risks?

7. How many consecutive quarters have the interest rates for most small savings schemes remained unchanged, including the October-December 2025 quarter?

8. What new flexibility has been granted to non-government subscribers of the National Pension System (NPS) from October 1, 2025?

9. Foreign travelers are required to submit their digital e-Arrival Card information online within how many days prior to their arrival in India?

10. Which type of banks are now permitted to provide working capital loans to jewellers, according to modified rules from October 1, 2025?

11. What is mandated for bank locker customers from October 1, 2025, in accordance with new RBI guidelines?

12. By March 31, 2025, what was the approximate total disbursement under the RoDTEP scheme?

13. Which flagship skill development framework is integrating agriculture for farmer training, as mentioned in the context of skill development for farmers?

14. What is the primary objective of the government's decision to keep small savings scheme interest rates unchanged for the October-December 2025 quarter?

15. As of the September 30 deadline, approximately how many government employees had switched to the Unified Pension Scheme (UPS) out of 23 lakh eligible employees?

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