Shakeel Anwar

Budget is nothing but a declaration of earnings and spending. In accordance with Article 112 for the Constitution, “the Union Government lays a statement of its believed receipts and spending for the 12 months, from April 1 to March 31, before both the homes of Parliament”.

The expression spending plan hails from the old word that is french which means that bag. It really is a quantified economic plan for current, previous and future revenue and expenditure of this Central Government.

50 GK Questions on Union Budget & Economic Survey

1. Which associated with the statement that is following proper about Budget?

We. https://www.speedyloan.net/reviews/cashcall/ It’s a declaration of budget for the future period, aiming proposed expenditure and way of funding it.

II. Article 111 associated with the Constitution calls for the us government presenting to Parliament a declaration of believed receipts and spending according of each and every year that is financial.

Choose correct one:

D. Neither I nor II

Ans: A

2. Which of this following is related into the process Green’ objective?

A. Manufacturing of tomato, onion and potatoes

B. Manufacturing of tomato, chili and potatoes

C. Creation of pulses, onion and potatoes

D. Manufacturing of tomato, pulses and rice

Ans: A

3. Which for the policy that is followingYojna) bring 5 lakh acres under natural agriculture?

A. Shyama Prasad Mukherji Rurban Mission

B. Pramaparagat Krishi Vikas Yojna

C. Pradhan Mantri Krishi Sichai Yojna

D. PM Fasal Bima Yojna

Ans: B

4. Which Bill was proposed become moving to fix issues in infrastructure agreements, PPP and Public Utilities?

A. Experience Development Programme

B. Organizations Amendment Bill

C. Public Utility Resolution of Disputes Bill

D. Goods & Services Tax

Ans: C

5. Provider Tax become exempted on basic insurance coverage schemes under which scheme:

A. Businesses Amendment Bill

B. Shyama Prasad Mukherji Rurban Mission

D. NIRMAYA Scheme

Ans: D

6. Consider the following statement (s) is/are related to your yearly statement of finance (Budget)

We. The yearly statement of finance is split into three parts, consolidated fund, contingency investment and account that is public.

II. All profits raised by the federal government, money lent and receipts from loans distributed by the us government movement in to the consolidated fund of Asia.

III. Article 112 associated with Constitution calls for the us government presenting to Parliament a statement of predicted receipts and spending according each and every year that is financial.

Find the statement that is corrects):

Ans: D

7. Which regarding the after Yojna offered nominal premium and greatest ever compensation in case there is crop loss?

A. PM Fasal Bima Yojna

B. PM Krishi Sinchai Yojna

C. Shyama Prasad Mukherji Rurban Mission

D. Pramaparagat Krishi Vikas Yojna

Ans: A

8. Consider the following statement (s) is/are related into the MUDRA Yojna.

We. It has been at first created as being a wholly owned subsidiary of Small Industries Development bank of India (SIDBI) with 100% capital being added by it.

II. In accordance with this joyna, loan is granted through Mudra bank card with a credit that is pre-assigned together with payment tenure is really as high as 7 years.

Code:

C. Both We and II

D. Neither I nor II

Ans: C

9. Which associated with the scheme that is following pertaining to the administration and transformation of cattle dung and solid in farms to Compost, fertilizer, bio-gas and bio-CNG?

A. Galvanizing Organic Bio-Agro Resources Dhan

B. Swachchh Bharat Abhiyan

C. Pradhan Mantri Jeevan Jyoti Beema Yojna

D. Prime Minister Krishi Sinchai Yojna

Ans: A

10. Consider the statement that is followings):

We. Budget is the method of planning company quotes

II. Budgetary control could be the methods to achieve performance on such basis as spending plan

Which of this following statements is/are proper about spending plan, budgeting & budgetary control?

C. Both We and II

D. Neither I nor II

Ans: B

11. Consider the next statement (s) is/are true about spending plan, budgeting & budgetary control.

We. Budgetary control is really a wider concept whereas Budget and cost management are narrower principles

II. Budget may be the procedure of planning company quotes.

Which of this after statements is/are proper?

C. Both We and II

D. Neither I nor II

Ans: A

12. Based on the 2018-19 spending plan message of Arun Jaitley, India has reached 3rd ranking on such basis as exactly just what?

A. Purchasing Energy Parity (PPP)

B. Gross product that is domesticGDP)

C. Agricultural Prodution

D. Foreign Direct Investment (FDI)

Ans: A

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