Here I have posted 40 Important Questions Based on Union Budget 2019-2020 which you can expect in Upcoming banking, Insurance , Railways and SSC Exams.
(1)Who is Current Finance Minister ?
Ans Nirmal Sitharaman.
(2) Union Budget is defined under the ______ of the Indian Constitution.
Ans: Article 112
(3) Currently India is the _____ largest economy in the world
Ans: Sixth
(4) _____ is natural farming which is neither chemical-loaded nor organic with its reliance on manure
Ans: Zero-Budget farming
(5) Concept of zero budget natural farming (ZBNF) was first propagated by _____
Ans: Subhash Palekar
(6) Finance Minister asssure that by ____ every single rural family will have electricity and clean cooking gas.
Ans: 2022
(7) To strengthen Gramin Bharat – Rural India – this year India mark the 150-birth anniversary of ______
Ans: Mahatma Gandhi
(8) Under Pradhan Mantri Gram Sadak Yojna, ___ kilometers of road length to be upgraded over the next five years
Ans: 1,25,000
(9) Under phase three of PM Gram Sadak Yojana, 1.25 lakh kms of the road to be built in the next five years. Project cost estimated at over Rs ______
Ans: 80,250 crore
(10) (PMMSY) – to establish a robust fisheries management framework. The abrevation of PMMSY is ?
Ans: Pradhan Mantri MatsyaSampada Yojana
(11) RashtriyaSwachchta Kendra to be inaugurated at Gandhi Darshan on ____
Ans: October 2, 2019.
(12) Under PMAY, Over 81 lakh houses with an investment of about Rs.___ sanctioned of which construction started in about 47 lakh houses.
Ans: 4.83 lakh crore
(13) “_____ FDI for insurance intermediaries. Local sourcing norms to be eased for FDI in single-brand retail.”
Ans: 100%
(14) A ____ is being developed to sensitize youth and society at large on positive Gandhian values.
Ans: Gandhipedia
(15) Under Scheme of Fund for Upgradation and Regeneration of Traditional Industries (SFURTI), how many new clusters will be setup during 2019-20 ?
Ans: 100
(16) Which Ministry to look at the management of our water resources and water supply in an integrated and holistic manner ?
Ans: New Jal Shakti Mantralaya
(17) In the Budget 2019, Finance Minister said that, more than ___ of cities declared Open Defecation Free (ODF).
Ans: 95%
(18) Outlay of Rs. ____ crore is proposed for “World Class Institutions”, for FY 2019-20.
Ans: 400 Crore
(19) To support Women Empowerment, Overdraft of Rs. ____ to be allowed for every verified women SHG member having a Jan Dhan Bank Account.
Ans: 5000
(20) One woman per SHG to be eligible for a loan up to Rs. 1 lakh under ___ Scheme.
Ans: MUDRA Scheme
(21) Government has set a target of Rs. ___ crore of disinvestment receipts set for the FY 2019-20.
(21) Government has set a target of Rs. ___ crore of disinvestment receipts set for the FY 2019-20.
Ans: 1,05,000 Crore
(22) In a particular year, if cash withdrawal exceeds Rs 1 Crore, __ % TDS will be levied.
Ans: 2%
(23) According to the Budget proposals, import duty to be hiked on gold and precious metals to __ %, from current level of 10%.
Ans: 12.5 %
(24) Public sector banks to be provided ____ crore rupees to boost capital and improve credit.
Ans: 70,000 Crore
(25) Stand Up India’ Scheme will continue till year _____
Ans: 2025
(26) The Minister proposes Rs. _____ investment for Railway infrastructure between 2018 and 2030
Ans: 50 lakh crore
(27) Surcharge increased for high income groups. Proposed to enhance surcharge on individual income of Rs 2-5 crore by ____
Ans: 3 %
(28) ___ new embassies to be opened in 2019-20, to improve footprint of India’s overseas presence and to provide better public services to local Indian communities.
Ans: Four
(29) Surcharge increased for high income groups. Proposed to enhance surcharge on individual income of over Rs 5 crore by ____
Ans: 7%.
(30) Finance Minister said that Non-performing asset (NPAs) recovery of ___crore over the last four years
Ans: ₹4 lakh crore
(31) ____ rupees allocated for 2% interest subvention for all GST-registered MSMEs on fresh or incremental loans.
Ans: Rs 350 Crore
(32) GST on Electric Vehicles to be reduced from 12 per cent to ___ ?
Ans: 5%
(33) Under Swachch Bharat Mission, ___ toilets have been constructed since 2 October 2014.
Ans: 9.6 crore
(34) To harness India’s space ability commercially, a public sector enterprise, ___ has been incorporated to tap the benefits of ISRO.
Ans: New Space India Limited (NSIL)
(35) To consider increasing minimum public shareholding in the listed companies, SEBI to consider raising the current threshold of 25% to __.
Ans: 35%
(36) Pension benefit to be extended to around 3 crore retail traders and shopkeepers with an annual turnover less than ₹1.5 crore under ___.
Ans: Pradhan Mantri Karam Yogi Man Dhan Scheme.
(37) Investment of ___ investment in infrastructure to be done over the next five years.
Ans: Rs. 100 lakh crore
(38) In Budget 2019, Reduction in Net Owned Fund requirement from Rs. 5,000 crore to Rs. ___ proposed.
Ans: 1,000 crore
(39) To boost Digital Payments, Companies with annual turnover more than Rs. ___ will require to offer digital payments at very low cost to promote Digital India.
Ans: 50 crore
(40) To ensure 24*7 Electricity and provide clean cooking facility, Govt set target to provide all such services to all willing rural families by ___.
Ans: 2022
