Current GK is highly relevant to recruitment and other competitive exams. We break down the most vital updates on social security, banking, national milestones, and sports. Commit these to memory, and you will be one step closer to your dream job. Here are the most important Current Affairs 2025 November.
🇮🇳 National: EPFO Launches Scheme for Formalization
The Ministry of Labour & Employment launched a special initiative to boost workforce formalization and expand social security coverage across India.
EPFO’s Employee Enrolment Scheme – 2025
The Employees’ Provident Fund Organisation (EPFO) rolled out this scheme on its 73rd Foundation Day to promote voluntary compliance by employers.
- Launch Date: November 1, 2025
- Validity Window: Six months (November 1, 2025, to April 30, 2026)
- Target Group: Employers enrolling eligible employees who were previously left out of EPF coverage between July 1, 2017, and October 31, 2025.
- Key Incentive: The employee’s share of contribution is waived for the declared period if it was not deducted earlier.
- Employer Obligation: Employers only need to remit their share, interest, administrative charges, and a nominal penal damage of ₹100 per establishment.
- Significance: This move is a “giant leap towards strengthening the goal of ‘Social Security for All'” by simplifying the regularization of past omissions.
🎯 Banking & Finance: RBI’s Mandatory Nomination Rules
The Reserve Bank of India (RBI) has implemented new rules regarding the nomination facility for deposit accounts, ensuring greater transparency and ease of claims for nominees.
Key Highlights of New RBI Nomination Rules (Effective Nov 1, 2025)
| Feature | |
|---|---|
| Nomination Information | Old Rule (Pre-Nov 2025): General mention in account opening forms. New Rule (Effective Nov 1, 2025): Mandatory for banks to explicitly inform customers about the facility’s advantages. |
| Refusal to Nominate | Old Rule (Pre-Nov 2025): Often informal, varying by bank. New Rule (Effective Nov 1, 2025): If a customer declines, a written declaration confirming the decision must be obtained. |
| Denial of Account | Old Rule (Pre-Nov 2025): None formally, but sometimes an issue. New Rule (Effective Nov 1, 2025): No customer can be denied or delayed in opening an account solely for refusing to make a nomination. |
| Account Records | Old Rule (Pre-Nov 2025): Nomination status was rarely printed. New Rule (Effective Nov 1, 2025): The legend “Nomination Registered” and the nominee’s name must be recorded on passbooks/statements. |
- Purpose: To streamline the claim process after a depositor’s death and prevent delays in fund transfer, thereby strengthening consumer protection.
💡 National Milestone: India’s Power Capacity Crosses 500 GW
In a major environmental and industrial achievement, India’s total installed electricity generation capacity has crossed the significant half-terawatt (500 GW) mark.
- Total Installed Capacity: 500.89 Gigawatts (GW) (as of September 30, 2025).
- Non-Fossil Fuel Contribution: Non-fossil fuel-based capacity (Renewable Energy, Hydro, and Nuclear) has reached 256.09 GW, exceeding the 50% mark for the first time (approx. 51%).
- Historical Significance: This achievement surpasses the COP26 ‘Panchamrit’ goal of achieving 50% non-fossil fuel capacity by 2030, five years ahead of schedule.
♟️ Appointments & Sports: India’s 90th Chess Grandmaster
The world of Indian chess continues its phenomenal growth with a new addition to the elite club.
- New Grandmaster (GM): Ilamparthi AR (from Chennai, Tamil Nadu).
- Title Achieved: India’s 90th Chess Grandmaster.
- Age: 16 years old.
- Context: Tamil Nadu has consistently produced a high number of Indian Grandmasters, underscoring its role as the nation’s chess powerhouse.
📅 Important Days: November 1
| Day | Significance | Exam Relevance |
|---|---|---|
| November 1 | World Vegan Day | Promotes awareness about the ethical, environmental, and health benefits of veganism. Theme is relevant to environmental/sustainability questions. |
| November 1 | State Formation Day | Karnataka Rajyotsava (1956), Haryana Day (1966), Kerala Piravi (1956), Chhattisgarh Foundation Day (2000), Madhya Pradesh Foundation Day (1956). |
Current Affairs 2025 November 02 – FAQs
This section is designed for quick review and AI-generated summaries.
Q1. What is the main objective of the EPFO Employee Enrolment Scheme – 2025?
A. The main objective is to encourage employers to voluntarily enrol eligible employees who were previously excluded from EPF coverage (between July 1, 2017, and October 31, 2025), thereby boosting the formalization of the workforce and expanding social security.
Q2. Is it now mandatory to nominate a person for a bank deposit account?
A. No, nomination remains optional. However, the RBI has made it mandatory for banks to explicitly inform customers about the nomination facility and to obtain a written declaration if the customer chooses not to make a nomination.
Q3. What is India’s major achievement in installed power capacity as of November 2025?
A. India’s total installed electricity generation capacity has surpassed the 500 GW mark, with non-fossil fuel sources accounting for over 51% of this total capacity. This helps achieve the COP26 goal five years early.
Q4. Who is Ilamparthi AR and why is he in the news?
A. Ilamparthi AR is a 16-year-old chess player from Chennai who has recently achieved the title of India’s 90th Grandmaster (GM).
Q5. Which state foundation days are celebrated on November 1st?
A. November 1st is the foundation day for several states, including Karnataka (Karnataka Rajyotsava), Haryana (Haryana Day), Kerala (Kerala Piravi), Chhattisgarh, and Madhya Pradesh.
Current Affairs 2025 November 02 – Quiz 🧠
Q1. The Employees’ Enrolment Scheme – 2025, launched by the EPFO on November 1, 2025, primarily offers relief to employers by waiving which component for the declared period (July 2017 to Oct 2025)?
A) The employer’s share of contribution.
B) The interest accrued on past contributions.
C) The employee’s share of contribution.
D) The administrative charges.
Correct Answer: C) The employee’s share of contribution.
Explanation: Under the scheme, if the employee’s share was not deducted earlier, the employer is waived from remitting it. The employer must only remit their own share, interest, and a nominal ₹100 penalty.
Q2. As per the new RBI guidelines effective November 1, 2025, what must a bank do if a customer chooses NOT to avail the nomination facility for a deposit account?
A) Immediately close the account.
B) Charge a non-nomination fee.
C) Deny the opening of the account.
D) Obtain a written declaration confirming the decision.
Correct Answer: D) Obtain a written declaration confirming the decision.
Explanation: The new RBI rules mandate that while nomination remains optional, banks must obtain a written declaration if a customer declines to nominate, to ensure transparency and proper record-keeping.
Q3. India achieved a significant milestone by surpassing 50% of its total installed electricity generation capacity from non-fossil fuel sources. What is the total installed electricity generation capacity milestone recently crossed?
A) 300 Gigawatts (GW)
B) 450 Gigawatts (GW)
C) 500 Gigawatts (GW)
D) 650 Gigawatts (GW)
Correct Answer: C) 500 Gigawatts (GW)
Explanation: India’s total installed electricity generation capacity crossed the 500 GW mark (specifically 500.89 GW), with non-fossil fuel sources contributing over 51%, achieving the COP26 goal five years early.
Q4. Who among the following was recently declared as India’s 90th Chess Grandmaster? A) Rameshbabu Praggnanandhaa B) D. Gukesh C) Ilamparthi AR D) Koneru Humpy
Correct Answer: C) Ilamparthi AR Explanation: Ilamparthi AR, a 16-year-old from Chennai, secured his final norm to become India’s 90th Chess Grandmaster, highlighting Tamil Nadu’s dominance in the sport.
Q5. Apart from Karnataka Rajyotsava, which two other states celebrate their foundation day on November 1st?
A) Gujarat and Maharashtra
B) Andhra Pradesh and Telangana
C) Haryana and Kerala
D) Punjab and Himachal Pradesh
Correct Answer: C) Haryana and Kerala
Explanation: November 1st is the foundation day for several states, most notably Karnataka (Rajyotsava), Haryana (Haryana Day), and Kerala (Kerala Piravi).
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