Union Budget Economy 2024

As per the Union Budget 2024-25, which is not the focus of the budget:

• Employment
• Skilling
• MSMEs
• Kisan
• Middle class

The Budget announced the revised fiscal deficit target for 2024-25 at ____percent of the GDP - lower than the 5.1 percent announced in the interim budget. The government aims to reduce the fiscal deficit to _____ per cent or lower by FY 2025-26.

• 4.9;4.3
• 4.9;4.5
• 4.6;4.5
• 4.6;4.2

As per the Budget 2024-25, Inflation continues to be low, stable and moving towards the ____% target; Core inflation (non-food, non-fuel) at ____ %

• 4.5;4.0
• 4.3;4.0
• 4;3.5
• 4;3.1

Which of the following is not part of the Prime Minister’s package, for ‘Employment Linked Incentive’ to be implemented as per the Budget 2024-25?

• Scheme A - First Timers
• Scheme B - Job Creation in manufacturing
• Scheme C - Support to employers
• Scheme D –Job for skilled workers

As per Budget for 2024-25, ________ (3.4 % of GDP) to be provided for infrastructure investment by Central Government

• Rs.11,11,100 crore
• Rs.11,11,111 crore
• Rs.11,11,200 crore
• Rs.11,11,211 crore

Under PM’s Package, as per Scheme A(First Timers), one month salary up to ___to be provided in 3 installments to first-time employees, as registered in the EPFO.

• Rs.12000
• RS. 15000
• Rs.18000
• Rs. 20000

Under PM’s Package, as per Scheme B (Job Creation in manufacturing), incentive to be provided at specified scale directly, both employee and employer, with respect to their EPFO contribution in the first ___ years of employment.

• 2
• 3
• 4
• 5

Under PM’s Package, as per ‘New centrally sponsored scheme for Skilling’, ____ lakh youth to be skilled over a 5- year period and____ Industrial Training Institutes to be upgraded in hub and spoke arrangements.

• 15;1000
• 20;1000
• 25;2000
• 30;2000

UnderPM’s Package, ‘New Scheme for Internship in 500 Top Companies’, to be provided to _____crore youth in 5 years.

• 1
• 2
• 3
• 5

As per Budget for 2024-25, financial support to set up ____ multi-product food irradiation units in the MSME sector will be provided.

• 40
• 50
• 60
• 80