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August 15, 2015

Expected Questions from Union Budget 2015-16 : Set 4

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Hi friends, I am Ramachandran. T. Here I am sharing the Set 4 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 :)

IIT to be set up in which state ?
  • Karnataka
Which institue will be upgraded to full IIT ?
  • Indian School of Mines in Jharkhand's Dhanbad
What is FEMA and which section of it to be amended ?
  • FEMA (foreign exchange management act), Section 6
What does Public procurement law speaks about ?
  • wrongdoings by officials in public procurement
Which states has been selected for Global Heritage sites ?

  • Kerala
PM Agri loans gets extra allocation of an amount, What is equal to ?
  • 56 cr
What is PPP mode ?
  • Public Private Partnership
What are all the schemes related to insurance proposed in the union budget ?
  • Pradhan Mantri Suraksha Bima Yojana,
  • Atal Pension Yojana and
  • Pradhan Mantri jeevan jyoti Bima Yojana
The Union budget announced a new scheme, Nai Manzil. This scheme will be hepful for ?
  • Minority youth without a formal school-leaving certificate to obtain one and find better employment
Rs.70, 00 crores is allocated for what type of scheme ?
  • Investment on Infrastructure
Which state is to have University of disability Studies ?
  • Kerala
 What is the amount allocated for Research and Development ?
  • 150 cr
What is NITI and where is it located ?
  • National Institution of Transforming India (NITI) , Delhi
Centre for film production, animation and gaming to come up in which state ?
  • Arunachal Pradesh
PG Institute of Horticulture to be set up in which state ?
  • Amritsar
For the Atal Pension Yojana, govt. will contribute ___________ of the premium limited to Rs. 1,000 a year.
  • 50%
Renewable energy target for 2022: __________ MW in solar; ___________ in wind; _______ in biomass and 5K MW in small hydro plants.
  • 100K MW, 60K MW and 10 K MW
Visa on arrival for ________countries are available.
  • 150 countries
NBFCs registered with the RBI and having asset size of __________ crore and above to be considered as ‘financial institution’ under Sarfaesi Act, 2002, enabling them to fund SME and mid-corporate businesses
  • Rs 500 Crore
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