Questions Based on Union Budget 2020
Q1: Which of the following is NOT the main theme of Budget 2020?
(a). Aspirational India
(b). Caring Society
(c). Housing for all
(d). Economic Development for all
(e). All of the Above
(a). Aspirational India
(b). Caring Society
(c). Housing for all
(d). Economic Development for all
(e). All of the Above
ANSWER: (c). Housing for all
Q2: The income of Farmers is expected to get doubled in the year?
(a). 2025
(b). 2024
(c). 2022
(d). 2030
(e). 2033
(a). 2025
(b). 2024
(c). 2022
(d). 2030
(e). 2033
ANSWER: 2022
Q3: Which of the following government scheme removed the dependence of Kerosene & Solar Pump?
(a). PM Kusum Yojana
(b). PM Kishan Yojana
(c). Krishi Kalyan Abhiyan
(d). All of the above
(e). None of the above
(a). PM Kusum Yojana
(b). PM Kishan Yojana
(c). Krishi Kalyan Abhiyan
(d). All of the above
(e). None of the above
ANSWER: (a). PM Kusum Yojana
Q4: What is the inflow of FDI from 2015-2019?
(a). 280 billion USD
(b). 285 billion USD
(c). 284 billion USD
(d). 288 billion USD
(e). 282 billion USD
(a). 280 billion USD
(b). 285 billion USD
(c). 284 billion USD
(d). 288 billion USD
(e). 282 billion USD
ANSWER: (c). 284 billion USD
Q5: . To build a seamless national cold supply chain for perishables, Indian Railways will set up —— through PPP model so that perishable goods can be transported quickly.
(a). Atal Rail
(b). Kisan Rail
(c). Sardar Vallabhbhai Rail
(d). Food Rail
(e). Samridhi Rail
(a). Atal Rail
(b). Kisan Rail
(c). Sardar Vallabhbhai Rail
(d). Food Rail
(e). Samridhi Rail
ANSWER: (b). Kisan Rail
Q6: How much Budget has been allocated for agriculture and rural development?
(a). 2 lakh crore
(b). 4 lakh crore
(c). 15 lakh crore
(d). 2.83 lakh crore
(e). 5 lakh crore
(a). 2 lakh crore
(b). 4 lakh crore
(c). 15 lakh crore
(d). 2.83 lakh crore
(e). 5 lakh crore
ANSWER: (d). 2.83 lakh crore
Q7: How many Aspirational District will be covered for AYUSHMAAN Treatment?
(a). 111
(b). 112
(c). 113
(d). 150
(e). 155
(a). 111
(b). 112
(c). 113
(d). 150
(e). 155
ANSWER: (b). 112
Q8: Which of the following Archaelogical sites will be given iconic status?
(a). Rakhigarhi
(b). Hastinapur
(c). Shivsagar
(d). Dholavira
(e). All of the above
(a). Rakhigarhi
(b). Hastinapur
(c). Shivsagar
(d). Dholavira
(e). All of the above
ANSWER: (e). All of the above
Q9: How much funds have been Allocated to nutrition-related programmes for FY 2020-21?
(a). 35600 crore
(b). 30000 crore
(c). 20000 crore
(d). 25000 crore
(e). None of the above
(a). 35600 crore
(b). 30000 crore
(c). 20000 crore
(d). 25000 crore
(e). None of the above
ANSWER: (a). 35600 crore
Q10: With Reference to “TB हारेगा, देश जीतेगा” Campaign, the target to eradicate Tuberculosis will be achieved by which year?
(a). 2022
(b). 2023
(c). 2025
(d). 2030
(e). 2028
(a). 2022
(b). 2023
(c). 2025
(d). 2030
(e). 2028
ANSWER: (c). 2025
Q11: By how much percentage The central Govt Debt has been reducted as on March 2019?
(a). 48.7%
(b). 38.7%
(c). 68.7%
(d). 58.8%
(e). 78.8%
(a). 48.7%
(b). 38.7%
(c). 68.7%
(d). 58.8%
(e). 78.8%
ANSWER: (a). 48.7%
Q12: How much funds have been allocated for the welfare of newly formed UT of Ladakh?
(a). 5555 crore
(b). 5958 crore
(c). 4000 crore
(d). 5000 crore
(e). 8000 crore
(a). 5555 crore
(b). 5958 crore
(c). 4000 crore
(d). 5000 crore
(e). 8000 crore
ANSWER: (b). 5958 crore
Q13: For better marketing and export of horticulture products, the states will focus on which methodology?
(a). Easy loan for stakeholders
(b). One District One product
(c). Free 10 year Insurance
(d). GST compensation
(e). None of the above
(a). Easy loan for stakeholders
(b). One District One product
(c). Free 10 year Insurance
(d). GST compensation
(e). None of the above
ANSWER: (b). One District One product
Q14: Which ministry will launch Krishi UDAAN Yojana?
(a). ministry of agriculture
(b). ministry of corporate affairs
(c). ministry of civil aviation
(d). ministry of environment forest and climate change
(e). ministry of foreign affairs
(a). ministry of agriculture
(b). ministry of corporate affairs
(c). ministry of civil aviation
(d). ministry of environment forest and climate change
(e). ministry of foreign affairs
ANSWER: (c). ministry of civil aviation
Q15: Insurance cover for bank deposits will be increased to —– from Rs. 1 lakh.
(a). 2 Lakh
(b). 4 Lakh
(c). 5 lakh
(d). 7 Lakh
(e). 10 lakh
(a). 2 Lakh
(b). 4 Lakh
(c). 5 lakh
(d). 7 Lakh
(e). 10 lakh
ANSWER: 5 lakh
Q16: Name the independent body which will set up for the recruitment to non gazetted posts through computer-based online process.
(a). National Staff Selection Agency
(b). All India Recruitment Agency
(c). National Recruitment Agency
(d). Union Recruitment Agency
(e). None of the above
(a). National Staff Selection Agency
(b). All India Recruitment Agency
(c). National Recruitment Agency
(d). Union Recruitment Agency
(e). None of the above
ANSWER: (c). National Recruitment Agency
Q17: Which of the following tax has been abolished?
(a). Corporate Tax
(b). Dividend Distribution Tax
(c). Tax on Gold
(d). Tax on Petroleum Products
(e). None of the Above
(a). Corporate Tax
(b). Dividend Distribution Tax
(c). Tax on Gold
(d). Tax on Petroleum Products
(e). None of the Above
ANSWER: (b). Dividend Distribution Tax
Q18: The Union Government is set to launch ‘Vivaad Se Vishwas’ Scheme. What is the main agenda of the scheme?
(a). GST Coordination between Center-State
(b). Recovery of NPAs
(c). Loan Waiver provision for prospective farmers
(d). Reduction of tax litigation
(e). None of the Above
(a). GST Coordination between Center-State
(b). Recovery of NPAs
(c). Loan Waiver provision for prospective farmers
(d). Reduction of tax litigation
(e). None of the Above
ANSWER: (d). Reduction of tax litigation
Q19: Which document will be issued instantly based on AADHAR details?
(a). PAN Card
(b). Passport
(c). Driving Ration
(d). Tourist Visa for visiting Kartarpur Corridor
(e). MNREGA card
(a). PAN Card
(b). Passport
(c). Driving Ration
(d). Tourist Visa for visiting Kartarpur Corridor
(e). MNREGA card
ANSWER: (a). PAN Card
Q20: Which of the following is NOT a component of Aspirational India?
(a). Education & Skills
(b). Agriculture
(c). Renewable energy
(d). Irrigation
(e). Water
(a). Education & Skills
(b). Agriculture
(c). Renewable energy
(d). Irrigation
(e). Water
ANSWER: (c). Renewable energy
Q21: What is the Corporate Tax Rate for new domestic companies in manufacturing and power sector?
(a). 11%
(b). 10%
(c). 12%
(d). 15%
(e). 25%
(a). 11%
(b). 10%
(c). 12%
(d). 15%
(e). 25%
ANSWER: (d). 15%
Q22: What is the income tax percentage for Income Bracket 12.5-15 lakh?
(a). 15%
(b). 20%
(c). 25%
(d). 30%
(e). Above 30%
(a). 15%
(b). 20%
(c). 25%
(d). 30%
(e). Above 30%
ANSWER: (c). 25%
Q23: Which of the following campaign hs been launched by the Union Government to tackle lifestyle disorders and non-communicable diseases (NCDs)?
(a). PM Jan Arogya Yojana
(b). National Health Mission
(c). Jan Aushadhi Kendra Scheme
(d). TB Harega Desh Jeetega
(e). FIT India movement
(a). PM Jan Arogya Yojana
(b). National Health Mission
(c). Jan Aushadhi Kendra Scheme
(d). TB Harega Desh Jeetega
(e). FIT India movement
ANSWER: (e). FIT India movement\
Q24: Which of the following is a component of “Caring Society”?
(a). Environment and Climate Change
(b). Education and Skills
(c). Infrastructure
(d). Wellness, Water and Sanitation
(e). All of the Above
(a). Environment and Climate Change
(b). Education and Skills
(c). Infrastructure
(d). Wellness, Water and Sanitation
(e). All of the Above
ANSWER: (a). Environment and Climate Change
Q25: The initiative for inclusive growth i.e. “Sabka Saath, Sabka Vikas, Sabka Vishwas” with focus on –
(a). Healthcare: Ayushman Bharat
(b). Affordable Housing
(c). Clean energy: Ujjawala and Solar Power
(d). All of the Above
(e). None of the Above
(a). Healthcare: Ayushman Bharat
(b). Affordable Housing
(c). Clean energy: Ujjawala and Solar Power
(d). All of the Above
(e). None of the Above
ANSWER: (d). All of the Above
Q26: Name the exam which will be conducted in Asia and Africa under Study in India programme?
(a). Kaushal-SAT
(b). Bharat-SAT
(c). Indo-SAT
(d). Ind-SAT
(e). CSAT
(a). Kaushal-SAT
(b). Bharat-SAT
(c). Indo-SAT
(d). Ind-SAT
(e). CSAT
ANSWER: (d). Ind-SAT
Q27: NIRVIK scheme is related to
(a). Insurance cover for farmers
(b). Insurance cover for BPL card holders
(c). Insurance cover for armed forces
(d). Insurance cover for Tribal people
(e). Insurance cover for exporters
(a). Insurance cover for farmers
(b). Insurance cover for BPL card holders
(c). Insurance cover for armed forces
(d). Insurance cover for Tribal people
(e). Insurance cover for exporters
ANSWER: (e). Insurance cover for exporters
Q28: An international bullion exchange will be set up at GIFT City. The GIFT city is located in which state?
(a). Maharashtra
(b). Uttar Pradesh
(c). Gujarat
(d). Madhya Pradesh
(e). Uttarakhand
(a). Maharashtra
(b). Uttar Pradesh
(c). Gujarat
(d). Madhya Pradesh
(e). Uttarakhand
ANSWER: (c). Gujarat
Q29: The Turnover threshold for audit of MSMEs has been increased from 1 crore to —
(a). 2 crore
(b). 5 crore
(c). 10 crore
(d).15 crore
(e). 20 crore
(a). 2 crore
(b). 5 crore
(c). 10 crore
(d).15 crore
(e). 20 crore
ANSWER: (b). 5 crore
Q30: Which of the following is a component of “Economic Development”?
(a). Environment and Climate Change
(b). Education and Skills
(c). Infrastructure
(d). Wellness, Water and Sanitation
(e). All of the Above
(a). Environment and Climate Change
(b). Education and Skills
(c). Infrastructure
(d). Wellness, Water and Sanitation
(e). All of the Above
ANSWER: (c). Infrastructure
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