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June 01, 2015

Expected Questions from Budget and Census - Set 2

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  1. The rate of corporate tax is proposed to be reduced from 30% to over the next four years ?
    1. 20%
    2. 25%
    3. 21%
    4. 29%
    5. None of these
  2. Pradhan Mantri suraksha Bima Yojana will cover accidental death risk of Rs. 2 lakh for a premium of just Rs. ________ per year ?
    1. Rs. 10
    2. Rs. 12
    3. Rs. 122
    4. Rs. 111
    5. None of these
  3. Government has proposed to introduce a Gold Monetisation Scheme work on developing Indian Gold Coin, which will carry the symbol of ?
    1. Mahatma Gandhi
    2. Atal Bihari Vajapayee
    3. Ashok Chakra 
    4. Narendra Modi 
    5. None of these
  4. The provisional figures of India's largest Census 2011 were released in New Delhi by ?
    1. Union Home Secretary
    2. Prime Minister 
    3. Ministry of Health and Family welfare 
    4. President of India
    5. None of these
  5. In the Rail Budget presented in the Lok Sabha, how much amount have been sanctioned to eliminate 3438 level crossings ?
    1. Rs. 3,581 crore 
    2. Rs. 4,581 crore 
    3. Rs. 5.581 crore
    4. Rs. 6,581 crore
    5. None of these
  6. In the Union Budget 2015-16, Government has decided to launch a Scheme for Faster Adoption and manufacturing of Electric Vehicles (FAME) with an initial outlay of ?
    1. Rs. 65 crore
    2. Rs. 55 crore 
    3. Rs. 75 crore 
    4. Rs. 70 crore
    5. None of these
  7. Finance Minister Arun Jaitley in his Budget had proposed to raise service tax to 14 percent. The proposal takes effect from today (1st June 2015).  Earlier the service tax was ?
    1. 12.36 percent
    2. 10.36 percent
    3. 9.36 percent
    4. 6.36 percent
    5. 11.36 percent 
  8. As per the Union Budget 2015-16 presented by the Finance Minister, how much amount has been allocated to the Rural Infrastructure Development Bank ?
    1. 23,00 crore 
    2. 24,00 crore 
    3. 25,00 crore 
    4. 34,00 crore
    5. None of these
  9. What was the estimated cost of Census 2011 ?
    1. 11 Billion Rupees
    2. 22 Billion Rupees
    3. 11 Million Rupees
    4. 1 Billion Rupees 
    5. None of these
  10. Union Budget of India is referred to as the Annual Financial Statement in which article of the Constitution of India ?
    1. Article 110
    2. Article 114
    3. Article 112
    4. Article 116
    5. None of these
  11. How much budget has been allocated for the national Projects (North Eastern & Kashmir connectivity projects) for 2015-19 in the Rail budget ?
    1. 39000 crore 
    2. 33000 crore 
    3. 2900 crore 
    4. 19000 crore 
    5. None of these
  12. According to Finance Minister Arun Jaitley, which of the year will be the Amrut Mahotsav, the 75th year, of India's independence ?
    1. 2019
    2. 2022
    3. 2018
    4. 2025
    5. None of these
  13. According to the Railway Budget 2015-16, IRCTC will launch a special travel scheme for the farmers with the name of ?
    1. Kisan Ticket
    2. Kisan Credit
    3. Kisan Yatra 
    4. Kisan Sabha
    5. Kisan Gadi
  14. How much fund has been proposed by FM in the annual budget 2015-16 for the Nirbhaya Fund in order to support Programmes for women security ?
    1. Rs. 12,000 crore
    2. Rs. 15,000 crore
    3. Rs. 2,000 crore 
    4.  Rs. 1,000 crore 
    5. None of these
  15. In the Union Budget 2015-16, Fiscal deficit is at how much per cent of GDP in 2015/16 ?
    1. 3.9%
    2. 4.1%
    3. 4.5%
    4. 5%
    5. None of these
  16. How much amount has been allocated for Rural Employment Gurantee Scheme in the Union Budget 2015-16 ?
    1. 448.70 billion rupees
    2. 552.12 billion rupees
    3. 346.99 billion rupees 
    4. 213.57 billion rupees
    5. None of these
  17. According to the Rail Budget, the speed of Nine Railway Corridors will be increased from the existing 110 and 130 kmph to ?
    1. 100 and 200 kmph
    2. 80 and 100 kmph
    3. 110 and 150 kmph
    4. 160 and 200 kmph
    5. None of these
  18. In the annual budget presented by FM, Atal Pension Yojana for defined pension, how much government will contribute ?
    1. 15% of the premium 
    2. 25% of the premium 
    3. 50% of the premium 
    4. 5% of the premium 
    5. None of these
  19. According to the Union Budget, Railways will increase it's daily passenger carrying capacity from 21 million to ?
    1. 23 million 
    2. 33 million 
    3. 30 million 
    4. 10 million 
    5. None of these
  20. What is the size of Plan Budget of Railway in 2015-16 up by 52% from the Rail Budget 2014-15?
    1. Rs. 11,00,011 crore 
    2. Rs. 21,00,011 crore 
    3. Rs. 31,00,011 crore 
    4. Rs. 1,00,011 crore 
    5. None of these
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