Expected Questions from Union Budget 2015-16 : Set 2

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Hi friends, I am Ramachandran. T. Here I am sharing the Set 2 important questions on Union Budget 2015-16. I am planning to provide few more sets on this topic. At the end of these sets, I will provide you with the pdf version of the same. Happy Reading :)

Corporate tax reduced from ___% to ____% over the next four years.

• 30 % to 25% (Reduce on 5%)

What is the GDP Growth for the year 2014-15?

• 5.4% to 5.9%

What is the expected GDP growth for next financial year ?

• 6.7%

What is the important term / word used often and is new in the budget ?

• Make or Break

What is the full form of JDY ?

• Jan Dhan Yojana

GST will be put in place a state of the art indirect tax system by __________?

• 1st April 2016

CPI Inflation is expected to be below ______ at the end of the next year.

• 5%

2022 will be called as year of Amrut Mahotsav and India will be celebrating ______th year of independence.

• 75th

Direct transfer of benefits, starting from scholarship schemes to be increased to the no. of beneficiaries from 1 crore to _______.

• 10.3 cr

What is Paramparaghat krishi vikas yojana ?

• Soil Health card and Organic Farming Scheme

What is the purpose of Pradhanmantri Gram sinchai Yojana ?

• Aim to irrigation the field of forming

What is the amount allocated for micro irrigation, water shed development and Pradhanmanthri krishiI sinchai Yojana ?

• 5,300 cr

In order to support agricultural sector with the help of effective agricultural credit and focus on small and marginal farmers, the finance minister proposed to allocate ______ in the corpus of Rural infrastructure development fund set up in ______.

• 25,000 cr and 2015-16

______________is allocated for Long term rural credit fund.

• 15,0000 cr

____________ is allocated for short term Rural cooperative credit refinance fund.

• 45,0000 cr

____________for short term RRB refinance fund.

• 15,0000 cr

What is the ambitious target for government towards agricultural target ?

• 8.5 lakh cr

What is the amount allocated for Credit guarantee corpus which will refinance Micro-finance institutions through a Pradhan manthri Mudra Yojana?

• 3,000 cr 

Read Set 1 of Expected Questions from Union Budget 2015-16 from here

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