Union Budget 2017 Quiz - Set 3

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What is the time period of revising the Income Tax Returns as per the Union Budget 2017?

1. 3 months
2. 6 months
3. 9 months
4. 12 months

FIPB will be abolished and a new framework will be created in 2018, Expand FIPB?

1. Foreign Investment Promotion Board
   
2. Foreign Industry Promotion Board
3. Foreign Investment Promotion Bureau
4. Finance Investment Promotion Board

How much surcharge will be imposed on the Income earned between Rs 50 lakh to Rs 1 crore as per the Union Budget 2017?

1. 2 per cent
2. 5 per cent
3. 10 per cent
4. 15 per cent

Rs. __________ crore allocated for women and children

1. 1,81,632
2. 1,82,632
3. 1,83,632
4. 1,84,632

Dairy processing infrastructure fund will be initially created with a corpus of Rs.__________

1. 2,000 crore
2. 5,000 crore
3. 8,000 crore
4. 10,000 crore

How much service charge on tickets booked through IRCTC ?

1. 1%
2. 5%
3. 10%
4. No service charge

Coverage of National Agricultural Market (e-NAM) to be expanded from 250 markets to ____ Agricultural Produce Market Committees (APMCs)

1. 425
2. 585
3. 615
4. 675

Rs. ___________ crore received as energy production based investments

1. 1,16,000
2. 1,21,000
3. 1,26,000
4. 1,31,000

The limit of cash donation by charitable trusts is reduced to Rs _______ from Rs 10,000

1. 2,000
2. 4,000
3. 6,000
4. 8,000

Allocation under Mahatma Gandhi National Rural Employment Gurantee Act (MNREGA) increased to _________ crore from Rs 38,500 crore

1. 47,000
2. 48,000
3. 49,000
4. 50,000

__________ and __________ to have solid waste management plants and five more to be set up later

1. Mumbai and Jaipur
2. Bangalore and Hyderabad
3. Delhi and Jaipur
4. Delhi and Mumbai

How much tax rate will be imposed on the Income earned up to Rs 3 lakh as per the Union Budget 2017?

1. 0 per cent
2. 2 per cent
3. 5 per cent
4. 7 per cent

Read Set 1 from HERE 

Read Set 2 from HERE

shared by Kuldip Sharma

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