MCQ Test: India Implements Broad Policy Changes, Launches New Initiatives in October 2025

1. What significant change has been introduced for non-government subscribers of the National Pension System (NPS) effective October 1, 2025?

A) Mandatory investment of 50% in government bonds. B) Enhanced flexibility to invest up to 100% of funds in equity. C) Restriction on diversifying across multiple schemes. D) Requirement for a separate PAN for each scheme.

2. The Reserve Bank of India (RBI) is transitioning to which new system for cheque clearing, with a phased rollout beginning October 4, 2025?

A) Daily batch processing. B) Continuous cheque clearing. C) Bi-weekly settlement cycles. D) Manual verification process.

3. Under the new regulations effective October 2025, which type of online gaming is explicitly banned?

A) E-sports competitions. B) Skill-based card games. C) Real-money betting and gambling applications. D) Fantasy sports leagues.

4. To bolster security and mitigate fraud risks, what specific Person-to-Person (P2P) feature has the National Payments Corporation of India (NPCI) discontinued for UPI transactions?

A) Scan and Pay feature. B) "Collect request" feature. C) UPI Lite payments. D) Recurring mandate feature.

5. What new requirement has been mandated for bank locker customers in accordance with new RBI norms?

A) Providing biometric data for locker access. B) Renewing or updating their bank locker agreements. C) Increasing the annual locker rent by 50%. D) Mandatory insurance for locker contents.

6. According to the revised IRCTC railway ticket booking rules, who gets exclusive access to general ticket booking for the first 15 minutes?

A) Senior citizens. B) Women passengers. C) Aadhaar-verified users. D) Certified travel agents.

7. What new security and convenience feature has India Post introduced for Speed Post services?

A) GPS tracking for all parcels. B) Biometric sender verification. C) OTP-based delivery. D) Digital signature requirement for recipients.

8. Which financial instrument are Non-Resident Indians (NRIs) now barred from opening new accounts in, effective October 2025?

A) National Savings Certificate (NSC). B) Public Provident Fund (PPF). C) Senior Citizen Savings Scheme (SCSS). D) Sukanya Samriddhi Yojana (SSY).

9. The National Initiative on Water Security, launched in New Delhi, primarily focuses on what aspect of rural development?

A) Promoting organic farming. B) Water conservation. C) Rural electrification. D) Digital literacy in villages.

10. Under the National Initiative on Water Security, what percentage of MGNREGA funds are allocated for over-exploited blocks?

A) 25%. B) 40%. C) 65%. D) 80%.

11. On what date is a Special Gram Sabha scheduled to convene in 1 lakh tribal-dominated villages to adopt the Tribal Village Vision 2030 Declaration?

A) October 1, 2025. B) October 2, 2025. C) November 1, 2025. D) November 2, 2025.

12. What is the interest rate for the Public Provident Fund (PPF) for the October-December 2025 quarter, as maintained by the government?

A) 6.8%. B) 7.1%. C) 7.7%. D) 8.2%.

13. Which of the following small savings schemes has an interest rate of 8.2% for the October-December 2025 quarter?

A) Public Provident Fund (PPF). B) National Savings Certificate (NSC). C) Senior Citizen Savings Scheme (SCSS). D) Kisan Vikas Patra (KVP).

14. Until when has the Remission of Duties and Taxes on Exported Products (RoDTEP) incentive scheme for exporters been extended?

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

15. The Trade and Economic Partnership Agreement (TEPA) between India and the four-nation European Free Trade Association (EFTA) came into force on which date?

A) September 1, 2025. B) October 1, 2025. C) November 1, 2025. D) January 1, 2026.

16. What is the committed investment amount over 15 years under the India-EFTA Trade Pact?

A) USD 50 billion. B) USD 75 billion. C) USD 100 billion. D) USD 125 billion.

17. What additional percentage of Dearness Allowance (DA) was approved for Central Government employees and Dearness Relief (DR) for pensioners, effective July 1, 2025?

A) 2%. B) 3%. C) 4%. D) 5%.

ALL TN Comp Exams Prep

India Implements Broad Policy Changes, Launches New Initiatives in October 2025

Your Score: 0 / 0

1. What significant change has been introduced for non-government subscribers of the National Pension System (NPS) effective October 1, 2025?

2. The Reserve Bank of India (RBI) is transitioning to which new system for cheque clearing, with a phased rollout beginning October 4, 2025?

3. Under the new regulations effective October 2025, which type of online gaming is explicitly banned?

4. To bolster security and mitigate fraud risks, what specific Person-to-Person (P2P) feature has the National Payments Corporation of India (NPCI) discontinued for UPI transactions?

5. What new requirement has been mandated for bank locker customers in accordance with new RBI norms?

6. According to the revised IRCTC railway ticket booking rules, who gets exclusive access to general ticket booking for the first 15 minutes?

7. What new security and convenience feature has India Post introduced for Speed Post services?

8. Which financial instrument are Non-Resident Indians (NRIs) now barred from opening new accounts in, effective October 2025?

9. The National Initiative on Water Security, launched in New Delhi, primarily focuses on what aspect of rural development?

10. Under the National Initiative on Water Security, what percentage of MGNREGA funds are allocated for over-exploited blocks?

11. On what date is a Special Gram Sabha scheduled to convene in 1 lakh tribal-dominated villages to adopt the Tribal Village Vision 2030 Declaration?

12. What is the interest rate for the Public Provident Fund (PPF) for the October-December 2025 quarter, as maintained by the government?

13. Which of the following small savings schemes has an interest rate of 8.2% for the October-December 2025 quarter?

14. Until when has the Remission of Duties and Taxes on Exported Products (RoDTEP) incentive scheme for exporters been extended?

15. The Trade and Economic Partnership Agreement (TEPA) between India and the four-nation European Free Trade Association (EFTA) came into force on which date?

16. What is the committed investment amount over 15 years under the India-EFTA Trade Pact?

17. What additional percentage of Dearness Allowance (DA) was approved for Central Government employees and Dearness Relief (DR) for pensioners, effective July 1, 2025?

India Implements Broad Policy Changes, Launches New Initiatives in October 2025

Your Score: 0 / 0

1. What significant change has been introduced for non-government subscribers of the National Pension System (NPS) effective October 1, 2025?

2. The Reserve Bank of India (RBI) is transitioning to which new system for cheque clearing, with a phased rollout beginning October 4, 2025?

3. Under the new regulations effective October 2025, which type of online gaming is explicitly banned?

4. To bolster security and mitigate fraud risks, what specific Person-to-Person (P2P) feature has the National Payments Corporation of India (NPCI) discontinued for UPI transactions?

5. What new requirement has been mandated for bank locker customers in accordance with new RBI norms?

6. According to the revised IRCTC railway ticket booking rules, who gets exclusive access to general ticket booking for the first 15 minutes?

7. What new security and convenience feature has India Post introduced for Speed Post services?

8. Which financial instrument are Non-Resident Indians (NRIs) now barred from opening new accounts in, effective October 2025?

9. The National Initiative on Water Security, launched in New Delhi, primarily focuses on what aspect of rural development?

10. Under the National Initiative on Water Security, what percentage of MGNREGA funds are allocated for over-exploited blocks?

11. On what date is a Special Gram Sabha scheduled to convene in 1 lakh tribal-dominated villages to adopt the Tribal Village Vision 2030 Declaration?

12. What is the interest rate for the Public Provident Fund (PPF) for the October-December 2025 quarter, as maintained by the government?

13. Which of the following small savings schemes has an interest rate of 8.2% for the October-December 2025 quarter?

14. Until when has the Remission of Duties and Taxes on Exported Products (RoDTEP) incentive scheme for exporters been extended?

15. The Trade and Economic Partnership Agreement (TEPA) between India and the four-nation European Free Trade Association (EFTA) came into force on which date?

16. What is the committed investment amount over 15 years under the India-EFTA Trade Pact?

17. What additional percentage of Dearness Allowance (DA) was approved for Central Government employees and Dearness Relief (DR) for pensioners, effective July 1, 2025?

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