50 GK Questions on Union Budget & Economic Survey | Latest study 2019
Shakeel Anwar
Budget is absolutely nothing but a declaration of expenditure and income. In accordance with Article 112 associated with the Constitution, “the Union Government lays a statement of its projected receipts and spending for the from April 1 to March 31, before both the Houses of Parliament” year.
The expression budget comes from the old word that is french this means bag. It really is a quantified monetary plan for current, past and future income and spending 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. It really is a declaration of budget for a period that is future aiming proposed expenditure and means of funding it.
II. Article 111 associated with Constitution calls for the federal government presenting to Parliament a declaration of calculated receipts and spending in respect of each year that is financial.
Choose correct one:
D. Neither I nor II
Ans: A
2. Which associated with the following is related into the procedure Green’ objective?
A. Creation of tomato, onion and potatoes
B. Creation of tomato, chili and potatoes
C. Creation of pulses, onion and potatoes
D. Creation of tomato, pulses and rice
Ans: A
3. Which of this 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 had been proposed to be moving to resolve dilemmas 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. Organizations Amendment Bill
B. Shyama Prasad Mukherji Rurban Mission
D. NIRMAYA Scheme
Ans: D
6. Consider the statement that is followings) is/are related into the yearly financial record (Budget)
I. The yearly financial record is divided in to three parts, consolidated fund, contingency investment and account that is public.
II. All profits raised by the us government, cash lent and receipts from loans written by the us government movement in to the consolidated investment of Asia.
III. Article 112 associated with the Constitution requires the us government presenting to Parliament a declaration of approximated receipts and spending according of each and every year that is financial.
Find the statement that is corrects):
Ans: D
7. Which associated with the after Yojna provided premium that is nominal greatest ever payment in the event of 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 statement that is followings) is/are related towards the MUDRA Yojna.
We. It was at first created as a wholly owned subsidiary of Small Industries Development bank of Asia (SIDBI) with 100% capital being added by it.
II. Relating to this joyna, loan is granted through Mudra charge card by having a pre-assigned borrowing limit in addition to payment tenure can be 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 conversion 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 may be the procedure of planning company quotes
II. Budgetary control may be the way to achieve performance based on spending plan
Which of this statements that are following proper about spending plan, cost management & budgetary control?
C. Both I 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 budgeting are narrower ideas
II. Budget could be the procedure of planning company quotes.
Which of this statements that are following proper?
C. Both We and II
D. Neither I nor II
Ans: A
12. In line with the 2018-19 spending plan message of Arun Jaitley, Asia are at 3rd rank based on exactly just exactly 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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