Budget and quiz questions to increase your knowledge.

SIXTY QUESTIONS FROM BUDGET 2017

1. How much amount is allocated as credit to farmers, with 60 days interest waiver?
a) Rs. 1 lakh crore
b) Rs. 5 lakh crore
c) Rs. 8 lakh crore
d) Rs. 10 lakh crore

2. NABARD fund will be increased to Rs. __________
a) 30,000 crore
b) 40,000 crore
c) 50,000 crore
d) 60,000 crore

3. A dedicated micro irrigation fund will be set up for NABARD with Rs _______ crore initial corpus
a) 5,000
b) 7,000
c) 10,000
d) 20,000

4. Agricultural sector is expected to grow at _____ in this fiscal year
a) 4.3
b) 4.2
c) 4.1
d) 4.0

5. Irrigation corpus increased from Rs 20,000 crore to Rs ____________
a) 25,000 crore
b) 30,000 crore
c) 35,000 crore
d) 40,000 crore

6. Dairy processing infrastructure fund will be initially created with a corpus of Rs.__________
a) 2,000 crore
b) 5,000 crore
c) 8,000 crore
d) 10,000 crore

7. Coverage of National Agricultural Market (e-NAM) to be expanded from 250 markets to ____ Agricultural Produce Market Committees (APMCs)
a) 425
b) 585
c) 615
d) 675

8. Government will set up mini labs by qualified local entrepreneurs for _____________ in all 648 krishi vigyan kendras in the country
a) water testing
b) oil testing
c) soil testing
d) All of the above

9. Rs. _________ crore higher allocation for payment of sugarcane arrears
a) 6,000
b) 7,000
c) 8,000
d) 9,000

10. Allocation under Mahatma Gandhi National Rural Employment Gurantee Act (MNREGA) increased to _________ crore from Rs 38,500 crore
a) 47,000
b) 48,000
c) 49,000
d) 50,000

11. Participation of women in Mahatma Gandhi National Rural Employment Gurantee Act (MNREGA) increased to ___ from 45% in past
a) 55%
b) 60%
c) 50%
d) 75%

12. The Government proposes to complete 1 crore houses for those without homes via ____________________________
a) Pradhan Mantri Garib Kalyan Yojana
b) Pradhan Mantri Krishi Sinchai Yojana
c) Pradhan Mantri Jan-Dhan Yojana
d) Pradhan Mantri Awaas Yojana

13. The Government targets to bring 1 crore households out of poverty by ______
a) 2018
b) 2019
c) 2020
d) 2030

14. During 2017-18, _________ farm ponds will be be taken up under the Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA)
a) 3 lakh
b) 4 lakh
c) 5 lakh
d) 6 lakh

15. World Bank expects GDP growth rate at _____ in Financial Year 2018
a) 7.6%
b) 7.7%
c) 7.8%
d) 7.9%

16. The country well on way to achieve 100% rural electrification by _________
a) May 2020
b) March 2019
c) May 2018
d) March 2018

17. Government will allocate Rs. ________ crore for Pradhan Mantri Gram Sadak Yojana in 2017-18
a) 10,000
b) 15,000
c) 19,000
d) 23,000

18. To construct one crore houses by 2019 for homeless. Pradhan Mantri Awas Yojana allocation raised from Rs 15,000 crore to Rs _______ crore
a) 20,000
b) 21,000
c) 22,000
d) 23,000

19. _____ road per day constructred under Pradhan Mantri Gram Sadak Yojana as against 73-km in 2011-14
a) 125 km
b) 133 km
c) 141 km
d) 159 km

20. Market reforms will be undertaken, states will be asked to denotify perishables from ___________________
a) Essential Commodities Act
b) Necessary Commodities Act
c) Market Commodities Act
d) Export Commodities Act

21. Railway line of _______ km will be commissioned in 2017-18 as against 2,800 km in 2016-17
a) 3,000
b) 3,300
c) 3,500
d) 3,600

22. The allocation for rural agri and allied sector in 2017-18 is record Rs ___________ crore
a) 1,80,223
b) 1,81,223
c) 1,82,223
d) 1,83,223

23. World Bank expects GDP growth rate at _____ in Financial Year 2019
a) 7.6%
b) 7.7%
c) 7.8%
d) 7.9%

24. Two new AIIMS to be set up in ____________ and _______________ to organise all the entrance examimation
a) Kerala and Gujarat
b) Telangana and Tamil Nadu
c) Maharashtra and Jammu and Kashmir
d) Jharkhand and Gujarat

25. Government proposes to extend the number of Pradhan Mantri Kaushal Kendras from current 60 to cover more than ____ districts across the country
a) 600
b) 500
c) 400
d) 300

26. How many international skill centres to be opened to help people get jobs in abroad?
a) 50
b) 75
c) 100
d) 150

27. How much amount allocated for Mahila Shakthi Kendras
a) Rs. 300 crore
b) Rs. 500 crore
c) Rs. 700 crore
d) Rs. 1000 crore

28. Rs. __________ crore allocated for women and children
a) 1,81,632
b) 1,82,632
c) 1,83,632
d) 1,84,632

29. The Government is targeting to eliminate tuberculosis by _______
a) 2025
b) 2021
c) 2020
d) 2019

30. Aadhaar-based smartcards will be issued to ____________ to monitor health
a) Below poverty peoples
b) Students
c) Senior citizens
d) Salary persons

31. Total expenditure in Financial Year 2018 at Rs _____ lakh crore
a) 21.47
b) 22.47
c) 23.47
d) 24.47

32. Under a nationwide scheme for pregnant women, Rs. ______ will be transferred to each person
a) 4,000
b) 5,000
c) 6,000
d) 8,000

33. How many Health sub centres will be transformed into health wellness centres
a) 1 Lakh
b) 1.5 Lakh
c) 2 Lakh
d) 2.5 Lakh

34. The Government proposes to reduce basic customs duty for Liquefied Natural Gas (LNG) to ___ from 5%
a) 4%
b) 3.5%
c) 3%
d) 2.5%

35. The Income Tax Act to be amended to ensure that no transaction above Rs ___ lakh is permitted in cash
a) One
b) Two
c) Three
d) Four

36. The limit of cash donation by charitable trusts is reduced to Rs _______ from Rs 10,000
a) 2,000
b) 4,000
c) 6,000
d) 8,000

37. Revenue deficit reduced to 2.1% from _____ for 2016-17
a) 2.6%
b) 2.5%
c) 2.4%
d) 2.3%

38. Government fix fiscal deficit target at ______ for 2017-18
a) 2.8%
b) 2.9%
c) 3.1%
d) 3.2%

39. Three year period for long-term capital gains tax on immovalble property reduced to _________
a) 1 year
b) 1.5 years
c) 2 years
d) 2.5 years

40. _____ surcharge on individual income above Rs. 50 lakh and up to Rs 1 crore
a) 10%
b) 12%
c) 15%
d) 20%

41. Raksha coach with a corpus of Rs. _______ crore for five years (for passenger safety)
a) 10 Lakh
b) 5 Lakh
c) 3 Lakh
d) 1 Lakh

42. Rs. ___________ crore received as energy production based investments
a) 1,16,000
b) 1,21,000
c) 1,26,000
d) 1,31,000

43. Crude oil strategic reserves to be set up in ___________ and _____________ apart from 3 already constructed
a) Odisha and Rajasthan
b) Maharashtra and Gujarat
c) Odisha and Punjab
d) Kerala and Karnataka

44. Allocation of Rs ________ crore for Bharat Net project for providing high-speed broadband in Financial Year 2018
a) 5,000
b) 10,000
c) 15,000
d) 20,000

45. The defence sector gets an allocation of Rs. _________ crore
a) 2,54,114
b) 2,64,114
c) 2,74,114
d) 2,84,114

46. Head post office as the central office for rendering ____________ service
a) Voter ID
b) Aadhar
c) Banking
d) Passport

47. FIPB will be abolished and a new framework will be created in 2018, Expand FIPB?
a) Foreign Investment Promotion Board
b) Foreign Industry Promotion Board
c) Foreign Investment Promotion Bureau
d) Finance Investment Promotion Board

48. Trade Infrastructure Export Scheme to be launched in 2017-18; total allocation for infra at record Rs ____ lakh crore.
a) 1.96
b) 2.96
c) 3.96
d) 4.96

49. The maximum amount of cash donation for a political party will be Rs. ______ from any one source
a) 20,000
b) 10,000
c) 5,000
d) 2,000

50. Existing rate of tax for individuals between Rs. 2.5- Rs 5 lakh is reduced to ___ from 10%
a) 3%
b) 5%
c) 6%
d) 7%

51. Allocation for Scheduled Castes (SCs) increased from Rs 38,833 crore to Rs ___________ crore
a) 55,393
b) 54,393
c) 53,393
d) 52,393

52. Total allocation for Railways is Rs. ________ crore
a) 1,31,000
b) 1,51,000
c) 1,71,000
d) 1,81,000

53. _______ service charge on tickets booked through IRCTC
a) 1%
b) 5%
c) 10%
d) No service charge

54. Unmanned level crossings will be eliminated by _______
a) 2018
b) 2019
c) 2020
d) 2021

55. Coach ______ facility will be introduced to register all coach related complaints
a) Raana
b) Mitra
c) Bharat
d) Vikas

56. How many stations will be differently abled by providing lifts and escalators
a) 500
b) 600
c) 750
d) 900

57. Allocation for national highways stepped up to Rs _______ crore from Rs 57,676 crore
a) 60,000
b) 62,000
c) 63,000
d) 64,000

58. __________ and __________ to have solid waste management plants and five more to be set up later
a) Mumbai and Jaipur
b) Bangalore and Hyderabad
c) Delhi and Jaipur
d) Delhi and Mumbai

59. High speed Internet to be allocated to ________ gram panchayats
a) 1 Lakh
b) 1.5 Lakh
c) 2.5 Lakh
d) 3 Lakh

60. All trains will have bio-toilets by _______
a) 2019
b) 2020
c) 2021
d) 2025