100+ Expected Questions from Union Budget for Upcoming Exams 2018

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Expected Questions from Union Budget

Expected Questions from Union Budget for Upcoming Exams. If you are preparing for Syndicate PO, Canara Bank PO, IBPS, SBI, LIC, SSC, Railways, and others competitive Exams, you are bound to find a few questions on Current Affairs in your General Awareness section on Union Budget and Economic survey 2018. So be prepared to tackle it all!

Today we are providing you with 100+ Expected Questions from Union Budget for Upcoming Exams 2018 for upcoming exams like Syndicate PO, Canara Bank PO, IBPS, SBI, LIC, SSC, Railways, and others competitive Exams in PDF format. 3-4 questions are expected in upcoming exams from this topic.

100+ Expected Questions from Union Budget for Upcoming Exams 2018

  1. What is the estimated budgetary expenditure on health, education and social protection for 2018 19? – ₹1.38 lakh crore
  2. How much amount has been allocated for National Social Assistance Programme in the Union Budget 2018-19? – ₹ 9975
  3. In the budget 2018-19, it was announced that every block with more than 50% ST population and at least 20,000 tribal persons, will have an Ekalavya Model Residential School by which year? – 2022
  4. Government recently announce the initiative RISE by 2022 in Budget 2018-19. What does RISE stands for? – Revitalising Infrastructure and Systems in Education
  5. What will be the total investment in the initiative named ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’? – ₹1,00,000 crore
  6. Which of the following organization will fund and monitor the ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’? – Higher Education Financing Agency (HEFA)
  7. How much amount did government allocate for School Education in budget 2018-19? – ₹50,000 crore
  8. How much amount did government allocate for Higher Education sector in budget 2018-19? – ₹35,010 crore
  9. How many fellows would be selected in total under ‘Prime Minister’s Research Fellows (PMRF)’?
    • 3000
  10. What is the total outlay of ‘Prime Minister’s Research Fellows (PMRF)’? – ₹1,650 crore
  11. Government has announced to transform blackboards to digital boards by _____. – 2022
  12. What is the budgetary allocation for National Livelihood Mission? – ₹5750 crore
  13. Kusum Scheme is announced in the union budget 2018-19 for which purpose? – To double the income of farmers by 2022
  14. What does “KUSUM” stands for in Kusum Scheme? – Kisan Urja Suraksha evam Utthaan
  15. Mahabhiyan
  16. What is the total outlay of Kisan Urja Suraksha evam Utthaan Mahabhiyan – Kusum Scheme for farmers? – ₹48,000 crore
  17. Government has announced to provide “Nyuntam Samarthan Mulya” for TOP. What does TOP stands for? – Tomato, Onion & Potato
  18. Government has announced to extend the Kisan Credit Card facility to – fisheries and animal husbandry
  19. Government has announced to set up Health and Wellness Centres with an outlay of? – ₹ 1200 crore
  20. How much amount has been allocated to celebrate the 150 Birth Anniversary of Mahatma Gandhi in 2019? – ₹150 crore
  21. The government plans to build houses for all the poor in the country by _________. – 2022
  22. The government has established a dedicated Affordable Housing Fund (AHF) in which organization? – National Housing Bank
  23. The government also plans to increase the loans to Self Help Groups of women to _______ by March, 2019. – ₹75,000 crore
  24. How much amount has been allocated for medium, small and micro enterprises (MSME) sector towards credit support, capital and interest subsidy as well as to spur innovation? – ₹3,794 crore
  25. In MUDRA Yojana, what percent of loan accounts are of women? – 76%
  26. How much amount has been set as a target for lending under MUDRA for 2018-19? – ₹3 lakh crore
  27. Union Government has announced to contribute what percent of the wages of the new employees in the EPF for all the sectors for next three years? – 12%
  28. What is the proposed outlay for the textile sector in 2018-19 Union Budget? – ₹7,148 crore
  29. The Finance Minister placed the revised estimate of government expenditure for the fiscal at _________. – ₹ 21.57 lakh crore
  30. The projected fiscal deficit of the FY 2018-19 is ____. – 3%
  31. Government has announced a 100 per cent tax deduction to farmer-producer companies having a turnover below ____. – ₹100 crore
  32. As per the Union Budget 2018, corporate tax will be reduced to 25 per cent for companies having turnover of up to what amount? – ₹250 crore
  33. In Union Budget 2018-19, exemption of interest income for deposits in banks and post offices was increased for senior citizens to ________. – ₹50,000
  34. Customs duty on mobile phones and parts of televisions was increased to ________. – 20 %
  35. Government has announce that no more education cess will be levied on imported goods. However, education cess will be replaced by what percent social welfare surcharge? – 10
  36. Government announced increase of budgetary allocation on infrastructure for 2018-19 to _________. – ₹5.97 lakh crore
  37. Name the online monitoring system by which projects worth 9.46 lakh crore have been facilitated and fast tracked. – PRAGATI
  38. Using online monitoring system of PRAGATI alone, projects worth 9.46 lakh crore have been facilitated and fast tracked. What does PRAGATI stands for? – Pro-Active Governance And Timely Implementation
  39. How many prominent tourist sites have been proposed to be developed into Iconic Tourism destinations by following a holistic approach? – 10
  40. Under the Bharatmala Pariyojana, about 35000 kms road construction in Phase-I at an estimated cost of _______. – ₹5,35,000 crore
  41. As per the Budget 2018-19, how many cities have been selected under Smart City programme? – 99
  42. As per the Budget 2018-19, 99 cities have been selected under Smart City programme. What is the outlay? – ₹2.09 lakh
  43. Government announced for creation of livelihood and infrastructure in rural areas, total amount to be spent by various Ministries will be ______. – ₹14.34 lakh crore
  44. Strengthening the Ground water irrigation scheme under Prime Minister Krishi Sinchai Yojna – Har Khet ko Pani how much amount did the Government allocate? – ₹2600 crore
  45. Government has announced to develop & upgrade how many rural haats into Gramin Agricultural Markets (GrAMs)? – 22,000
  46. How much amount has been allocated for food processing? – ₹1400 crore
  47. Government has announced to launch Operation Green with a corpus of? – ₹500 crore
  48. Government has announced to launch Operation Green for which purpose? – to address price fluctuations in potato, tomato and onion for benefit of farmers and consumers.
  49. How much amount did government allocate for Fisheries and Aquaculture and Animal Husbandry Development Fund? – ₹10,000 crore
  50. Government has announced to double the income of the farmers by _______. – 2022
  51. The government has announced to launch a restructured bamboo mission with a fund of ________. – ₹1290 crore
  52. How much agricultural credit target has been set in Budget 2018-19– ₹11 lakh crore
  53. Government announced to introduce a special scheme to support which of the following states to manage the burning of crop residue and reduce pollution – Haryana, Punjab & Delhi
  54. What does GOBAR stands for in Gobar Dhan Scheme? – Galvanizing Organic Bio-Agro Resources
  55. How many districts have been chosen to create role models for Gobar Dhan Scheme – 115
  56. Central govt. has launched National Health Protection Scheme (NHPS) to provide Health Insurance of _____ to poor families. – ₹5 lakhs
  57. How much amount of money did the government allocate for Tuberclosis patients? – ₹600 Crore.
  58. How much amount will the government pay the Tuberclosis patients during their treatment period? – ₹500 per month
  59. How much amount did Union government allotted to the Agri-Market Development Fund for developing agricultural markets of India In the Union Budget 2018- 2000 Cr
  60. According to the Union Budget 2018, to the field of organic farming sector Finance minister has allotted – 200 Cr
  61. How much amount did Union government allotted for Restructured National Bamboo Mission- 1290
  62. What is the total corpus did union government allocated for fishery and aquaculture and animal husbandry funds in the Union Budget 2018 – Rs 12000 Crore
  63. What is the amount of Credit for agricultural activities is raised In the Union Budget 2018 which was previously 10 lakh crore – Rs 11 lakh crore
  64. How much times The Minimum Support Price of all crops shall be increased to the production cost – 1.5
  65. Up to what percent the government will ensure payment of MSP to farmers even if they sell below MSP – 100%
  66. How much amount has allocated to food processing ministry in the Union Budget 2018 – 1400 Cr.
  67. According to Union Budget 2018 how much corpus announced for Operation Green – 500 Cr
  68. To which of the following sectors Kisan credit card scheme to be extended – Fisheries, Animal husbandry & Farmers.
  69. By which of the following month loans to self help groups will increase to Rs 75,000 crore – March 2019
  70. Based on the Union Budget 2018 how much amount to be spent for providing livelihood to rural India through infrastructure building – Rs 14.34 lakh crore
  71. In the Union Budget 2018 Finance minister Arun Jaitley stated that 100% tax reduction available for those FPOs have turnover of – 100 Cr
  72. What is the growth in direct taxes in FY 2018-19 – 12.6%
  73. How much percentage of Income Tax exempted for the Farmer producer companies with turnover of Rs 100 crore or more- 100%
  74. How much percentage of Income Tax exempted for the MSMEs with turnover of Rs 250 crore – 25%
  75. How much amount to increase for Senior citizens interest income exemption from 10,000 for all fixed and RD schemes, including small savings – 50,000
  76. What is the amount of tax detection Under Sec 80 D for senior citizens – 50,000
  77. How many IIT and NIT are planned to open in Union Budget 2018 – 18
  78. How much amount has been allocated for credit support to through capital and interest subsidy to Micro Small and Medium Enterprises – Rs 3,794 crore
  79. How much amount government has planned to allocate for MUDRA scheme in 2018-19 – 3 Lakh Crore
  80. In the in Union Budget 2018 how much amount allocated for rural sanitation – Rs 16,730 crore
  81. For serve free electricity for 4 crore houses in rural India government sanctioned ______crore – Rs 14,000
  82. Under which of the following scheme Government aims to disburse 8 crore gas connections – UJJWALA
  83. What is the corpus amount did union government spent for PM Saubhagya Yojana – 1600 Cr
  84. What is the corpus amount did union government spent for Education and healthcare – Rs 1.38 lakh crore
  85. How much union government committed for National health policy programme and invites contributions from the private sector – 1,200 crore
  86. In theUnion Budget 2018 the government will provide how much amount for nutrititonal support to all TB patients – 600 Cr
  87. According to budget report how many new governments medical colleges will be set up by upgrading existing district hospitals in the country – 24
  88. How much amount did government allotted to create world class infrastructure in the country – Rs.50 lakh crore
  89. Government has sanctioned how much amount 99 cities have been selected for Smart City programme – Rs.2.09 lakh crore
  90. How prominent tourist sites will be developed into iconic ones to boost tourism – 10
  91. Under which scheme government shall connect 56 unserved airports and 31 unserved helipads in the country – UDAN
  92. Totally how many projects sanctioned under the Namami Ganga programme – 187
  93. Under which scheme Six crore toilets have been built already, and in the next year, two crore additional toilets will be constructed – Saubhagya Yojana
  94. How much percentage did the government will contribute to EPF contribution for new employees in all sectors for the next three years – 12
  95. What Corpus amount did government allotted for Bharatmala project approved for better road connectivity – Rs 5.35 lakh crore
  96. Which of the following insurance company going to merge to United India Insurance – Oriental Insurance & National Insurance
  97. The government will explore use of which type of technology proactively to boost digital economy – Blockchain
  98. The government will not consider which currency as legal tender – Cryptocurrency
  99. According to Union Budget 2018 what is the Emoluments of the President – Rs 5 lakh
  100. According to Union Budget 2018 what is the Emoluments of the Vice President – Rs 4 lakh

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