Quiz Competition

Union Budget of India is also known as:

• Finance Act.

• Finance Law.

• Finance Bill

• Finance Policy

In independent India, the first budget was presented by:

• R. K. Shanmukham Chetty

• G.V. Mavalankar

• Sukumar Sen

• Sardar Patel

The rates of GST can be change by:

• GST Council

• GST Network

• Union Budget

• State Budget

The new health scheme launched in union budget 2021 is:

• Pradhan Mantri Jan Aarogya Yojana

• Pradhan Mantri Jan Aushadhi Yojana

• Pradhan Mantri Ayushman Bharat Yojana

• Pradhan Mantri Atmanirbhar Swasth Bharat Yojana

Proposed Scrap Policy is for :

• Textile Industry

• Automobile Industry

• Banking Industry

• Medicines Industry

In union budget 2021, it is proposed that senior citizens with age of.......... years and above are exempted from filing income tax return.

• 60

• 70

• 75

• 80

A new cess is proposed in union budget 2021 for the development of the infrastructure of agriculture sector, this cess is:

• AIDC

• SHEC

• NCCL

• ARDC

The limit of foreign direct investment (FDI) in insurance sector is to be increased from 49% to:

• 51%

• 61%

• 74%

• 75%

The impact of union budget on BSE Sensex on the budget day was:

• +5%

• -5%

• -2%

• +2%

Proposed budget allocation for Corona Vaccination is:

• Rs. 20,000 Crore

• Rs. 25,000 Crore

• Rs.35,000 Crore

• Rs. 45,000 Crore