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Indian Budget Quiz 3 (25 MCQs)

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1. Who introduced income tax in India? ? ?
2. It neither creates an asset nor reduces liability
3. _____ media has the second highest reach in urban India
4. The preparation of the budget is usually started in which month
5. Which out of the following is a non-developmental expenditure?
6. How many types of budget are there? ? ?
7. Identify the revenue receipts from the following
8. An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as
9. In India, fiscal year is the year which begins on _____ and ends on _____ of the following year.
10. The finance minister puts the disinvestments receipts at
11. Who was the first female finance minister of India? ? ?
12. _____ costs money
13. In order to prevent piracy and contact theft of Bollywood films which regulation will be introduced in the Indian Cinematograph Act?
14. Which of following is a direct tax?
15. Government budget shows a primary deficit of Rs. 6900 crore. The revenue expenditure on interest am and is Rs. 400 crore. How much is the fiscal deficit?
16. FOLLOWING IS AN EXAMPLE OF DIRECT TAX
17. The fiscal deficit for 2019-20 is estimated to be _____ per cent of the gross domestic product (GDP).
18. . What was the theme of the Union Budget 2020-21? (a)Har Nagrik Jeetega (b)Ease of Living(c)Ude Desh ka Aam Nagrik(d)Sabka Sath, Sabka Vikas aur Sabka Vishwas
19. What is the biggest item of government expenditure in budget 2019-20?
20. Expenditure on the vaccination of people for Covid 19 is
21. Who was the first finance minister of India? ? ?
22. Which is the highest Finance Authority of India.
23. The rate of GST on Luxury items like Fridge, Motar car etc is.
24. Simulated sales test are found _____ in its results
25. The 22nd All India Institute of Medical Sciences (AIIMS) will be set up in which state, as per the Interim Budget 2019-20?
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