Budget Insights 2024 - PG Commerce, Thiagarajar College - Quiz

Which Prime Minister shifted the tradition of presenting the budget in February to a later date?

• R. K. Shanmukham Chetty

• P. V. Narasimha Rao

• Manmohan Singh

• Narendra Modi

What is the tax rate for short term capital gains on financial assets according to the Budget insights?

• 10%

• 12.50%

• 15%

• 20%

How much was the Mudra loan limit enhanced to in the Budget insights?

• ₹20 lakh

• ₹10 lakh

• ₹15 lakh

• ₹25 lakh

What is the estimated fiscal deficit for the year 2024-25 according to the Budget insights?

• 6.1% of GDP

• 3.2% of GDP

• 4.9% of GDP

• 5.5% of GDP

Which sector received an allocation of Rs 3 lakh crore for schemes benefitting women and girls?

• Entrepreneurship & Innovation

• Employment & Skilling

• Agriculture

• Inclusive Human Resource Development

What is the tax rate for long term capital gains on all financial and non-financial assets according to the Budget insights?

• 20%

• 12.50%

• 15%

• 10%

Which scheme was announced in Budget 2024 to allow parents and guardians to contribute to an NPS account on behalf of minors?

• NPS Vatsalya

• NPS Shiksha

• NPS Arogya

• NPS Samriddhi

What is the tax rate for short term capital gains on non-financial assets according to the Budget insights?

• 10%

• 12.50%

• 15%

• 20%

Which Prime Minister introduced the concept of 'Gender Budgeting' in India?

• Indira Gandhi

• Rajiv Gandhi

• Manmohan Singh

• Narendra Modi

What is the allocation for the healthcare sector in the Budget 2024?

• Rs 2.5 lakh crore

• Rs 3.5 lakh crore

• Rs 4.5 lakh crore

• Rs 5.5 lakh crore