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Indian Budget Quiz 6 (25 MCQs)

Quiz Instructions:

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1. Interim Finance Minister Piyush Goyal has allocated _____ crore for a key scheme aimed at the rural poor MGNREGA for fiscal year 2018-19.
2. Disinvestment by government means
3. Post testing finds out _____ coverage
4. Fiscal deficit= budget expenditure _____
5. Capital Budget is divided into
6. The government aspires to make India a Ten Trillion Dollar Economy in how many years?
7. _____ testing is related to big ideas
8. As per the Union Budget, 2020-21, what is the highest rate of Direct Tax in India? (a)20%(b)35%(c) 30%(d) 40%
9. Where is the Budget introduced in India every year?
10. Identify capital receipt from the following
11. Dividend from PSUs is a part of
12. _____ advertising has recorded unprecedented progress
13. A Govt. Budget is prepared for a fiscal year running from:
14. The Union Government is planning to introduce container cargo movement to the North East through which river?
15. .Which of the following statement is/are correct about the Union Budget 2020-21.(a)Budget estimates for defence sector is Rs 3, 23, 053 cr(b)Budget estimates for Fertilizer subsidy is Rs115570 cr(c) 100 more airports would be developed by 2024(d) National Recruitment Agency will be set up as an independent agency
16. Which of the following is not a part of capital budget
17. Who is the father of zero based budget? ? ?
18. Payment of interest is treated as a _____
19. What is the main theme of Economic Survey 2020-2021?
20. Vivad se Vishwas scheme is related to _____ (a)Indirect Tax (b)Direct Tax(c)Both Direct and Indirect(d)Neither Direct nor Indirect
21. Primary deficit=fiscal deficit _____
22. Who is the father of budget in India? ? ?
23. The current account deficit is likely to be only _____ percent of the GDP this year?
24. According to the Union Government, how many crore LPG connections have already been distributed under PM Ujjwala Yojana?
25. In budget 2019-20, the government set the target to distribute _____ LPG connections under the Ujjawala Yojna.
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