This quiz works best with JavaScript enabled. Home > Indian Polity > Finance > Budget > Indian Budget – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Budget Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Dividend from PSUs is a part of A) Non-tax Revenue. B) Revenue receipts. C) Both (a) and (b). D) Neither (a) nor (b). Show Answer Correct Answer: C) Both (a) and (b). 2. ..... advertising has recorded unprecedented progress A) Television. B) Mobile. C) Global. D) Persuasive. Show Answer Correct Answer: B) Mobile. 3. A Govt. Budget is prepared for a fiscal year running from: A) 1st January to 31st December. B) 1st April to 31st December. C) 1st April to 31st March. D) 1st January to 30th April. Show Answer Correct Answer: C) 1st April to 31st March. 4. The Union Government is planning to introduce container cargo movement to the North East through which river? A) Ganga. B) Brahmaputra. C) Yamuna. D) Godavari. Show Answer Correct Answer: B) Brahmaputra. 5. .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 A) A. B) B. C) C. D) D. Show Answer Correct Answer: B) B. 6. In India the petiod of financial year is A) 1st March-31st April of subsequent year. B) 1st January-31st December of subsequent year. C) 1st April-31st March of subsequent year. D) June 1St-December 31st. Show Answer Correct Answer: C) 1st April-31st March of subsequent year. 7. Which of the following is not a part of capital budget A) Capital Expenditure. B) Capital Receipts. C) Capital revenue. D) NOTA. Show Answer Correct Answer: A) Capital Expenditure. 8. Which one of the following is not a type of deficit finance? A) Revenue deficit. B) Budget defecit. C) Capital defecit. D) Primary deficit. Show Answer Correct Answer: C) Capital defecit. 9. Who is the father of zero based budget? ? ? A) Pete Phyrr. B) Albert Einstein. C) Shanmukham Chetty. D) None of above. Show Answer Correct Answer: A) Pete Phyrr. 10. Payment of interest is treated as a ..... A) Revenue expenditure. B) Revenue receipt. C) Capital expenditure. D) None of above. Show Answer Correct Answer: A) Revenue expenditure. 11. What is the main theme of Economic Survey 2020-2021? A) Innovation. B) Infrastructure. C) Policy reforms. D) COVID-19 warriors. Show Answer Correct Answer: D) COVID-19 warriors. 12. Vivad se Vishwas scheme is related to ..... (a)Indirect Tax (b)Direct Tax(c)Both Direct and Indirect(d)Neither Direct nor Indirect A) A. B) B. C) C. D) D. Show Answer Correct Answer: B) B. 13. Primary deficit=fiscal deficit ..... A) Loan. B) Interest payments. C) Borrowings. D) None of these. Show Answer Correct Answer: B) Interest payments. 14. Who is the father of budget in India? ? ? A) P. C. Mahalamobis. B) James Wilson. C) K. R. Gowry Amma. D) None of above. Show Answer Correct Answer: A) P. C. Mahalamobis. 15. The current account deficit is likely to be only ..... percent of the GDP this year? A) 2.5 %. B) 3.4 %. C) 3.6 %. D) 3 %. Show Answer Correct Answer: A) 2.5 %. 16. According to the Union Government, how many crore LPG connections have already been distributed under PM Ujjwala Yojana? A) 8 crore. B) 5 crore. C) 3 crore. D) 6 crore. Show Answer Correct Answer: D) 6 crore. 17. In budget 2019-20, the government set the target to distribute ..... LPG connections under the Ujjawala Yojna. A) 6 Cr. B) 8 Cr. C) 10 Cr. D) 5 Cr. Show Answer Correct Answer: B) 8 Cr. 18. Non tax revenue of central government doesn't include A) Profit earned by RBI. B) Profit earned by Indian Railway. C) Revenue generated by public sector industries. D) Revenue generated by corporate sector. Show Answer Correct Answer: D) Revenue generated by corporate sector. 19. What is the disinvestment target for 2020-21? ? ? A) Rs. 173000 crores. B) Rs. 210000 crores. C) Rs. 105000 crores. D) None of above. Show Answer Correct Answer: B) Rs. 210000 crores. 20. Which is a component of Budget Receipts A) Revenue receipts. B) Capital receipts. C) Both (a) and (b). D) None of the above. Show Answer Correct Answer: C) Both (a) and (b). ← PreviousNext →Related QuizzesFinance QuizzesIndian Polity QuizzesIndian Budget Quiz 1Indian Budget Quiz 2Indian Budget Quiz 3Indian Budget Quiz 4Indian Budget Quiz 5Indian Budget Quiz 6Indian Budget Quiz 7Indian Budget Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books