Sunday, February 3, 2019

Top 50 Most Expected Questions on Interim Budget 2019 PDF Download

Top 50 Most Expected Questions on Interim Budget 2019 PDF Download

Interim Budget 2019-20 Questions Answers. Budget 2019 Quiz. Top 50 Most Expected Questions on Interim Budget 2019-20 PDF Download for IBPS, SBI, Insurance, Railway and SSC Exam. Interim Budget 2019-20 has been Presented by Union Finance Minister Piyush Goyal. 

Union Budget is One of the Most Crucial Report of Document for Every Competitive Exam Aspirant, For all the Upcoming Government Exam either in Banking/Insurance Industry, Railways, Staff Selection Commission (SSC) or Any Other Competitive Exam will ask 3-5 Questions from this Union Budget 2019-20.



For salaried persons, Standard Deduction is being raised from the current Rs.40,000 to what Amount 
1. 45,000
2. 50,000
3. 55,000
4. 60,000
5. Kept Unchanged

Currently, Income tax on notional rent is payable if one has more than one self-occupied house, Exemption on levy of income tax on notional rent is Increased to 
1. Upto Three Homes
2. Upto Two Homes
3. Upto Four Homes
4. Kept Unchanged

TDS threshold on interest earned on bank/post office deposits is being raised from Rs. 10,000 to What Amount
1. 30,000
2. 40,000
3. 50,000
4. 20,000
5. Not Changed

TDS threshold for deduction of tax on rent is proposed to be increased from Rs. 1,80,000 to What Amount by providing relief to small taxpayers.
1. 2,20,000
2. 2,10,000
3. 2,30,000
4. 2,40,000
5. 2,50,000

Currently, the Goods and Services Tax (GST) is levied at What Percent on payments made for under-construction property or ready-to-move-in flats where completion certificate has not been issued at the time of sale. 
1. 18%
2. 24%
3. 12%
4. 5%
5. 0%

Note :- GST is not levied on buyers of real estate properties for which completion certificate has been issued at the time of sale 

What Amount has been Allocated for Rural Road Construction Under PMGSY.
1. 18,000
2. 20,000
3. 19,000
4. 21,000
5. 23,000

What Amount has been Allocated for MNREGA.
1. 50,000
2. 55,000
3. 60,000
4. 65,000
5. 68,000

As Announced in Budget, where will new AIIMS (22nd) will Come ?
1. Madhya Pradesh
2. Uttar Pradesh
3. Himachal Pradesh
4. Andhra Pradesh
5. Haryana

As Mentioned in Budget Speech Where does Medicines at Affordable Prices Made Available
1. PMJAY
2. PMJAK
3. PMKSY
4. PMJJY
5. PMJDY

Allocation for Integrated Child Development Scheme (ICDS) is being increased from Rs.23,357 crore in 2018-19 to What amount in 2019-20
1. Rs.27,584 crore
2. Rs.23,357 crore
3. Rs.28,900 crore
4. Rs.29,584 crore
5. Rs.29,632 crore

What is the Amount allocated for welfare of the Schedule Caste in Budget 2019-20
1. Rs.76,801 crore
2. Rs.55,619 crore
3. Rs.58,932 crore
4. Rs.60,600 crore
5. Rs.65,530 crore

What is the Proposed Allocation for Scheduled Tribes in 2019-20
1. Rs.50,086 crore
2. Rs.39,135 crore
3. Rs.40,000 crore
4. Rs.37,512 crore
5. Rs.49,153 crore

The Department of Industrial Policy and Promotion will now be renamed as
1. Department for Promotion of Industries and Internal Trade
2. Department for Promotion of Internal Trade and Industries
3. Department of Industrial Policy, Promotion and Internal Trade
4. Department of Promotion, Policy and Internal Trade

Number of Operation Airport has Crossed to What Number 
1. 90
2. 99
3. 100
4. 105
5. 102

According to Budget Announcement, India has Become Fastest Highway Developer in the World with Daily Road Construction of 
1. 27 KM/Day
2. 26 KM/Day
3. 25 KM/Day
4. 24 KM/Day
5. 23 KM/Day

Capital support from the budget for Indian Railways is proposed what amount in 2019-20
1. Rs.64,587 crore
2. Rs.65,000 crore
3. Rs.65,786 crore
4. Rs.68,532 crore
5. Rs.66,875 crore

Note - The Railways‟ overall capital expenditure programme is of Rs. 1,58,658 crore.the Operating Ratio is expected to improve from 98.4% in 2017-18 to 96.2% in 2018-19 and further to 95% in 2019-20.

The Name of Newly Made In India High Speed Train 18 has been Changed to 
1. Vande Matram Express
2. Vande Bharat Express
3. Vande Sagar Express
4. Mahamna Express

What is the new target under Prime Minister’s Ujjwala Scheme to provide free gas connection to women?
1. 5 Crore
2. 8 Crore
3. 7 crore
4. 6 crore

The disinvestment target set for FY 2019-20 
1. 75,000 Crore
2. 80,000 Crore
3. 90,000 crore
4. 95,000 crore

Note - Finance Ministry's Department of Investment and Public Asset Management (DIPAM) sees the disinvestment Process

Centrally Sponsored Schemes (CSS) allocation increased to what Amount for 2019-20
1. Rs. 3,27,679 crore
2. Rs. 3,57,597 crore
3. Rs. 4,24,234 crore
4. Rs. 3,12,768 crore

Allocation for Integrated Child Development Scheme (ICDS) increased by over 18% to 
1. Rs. 27,584 crore
2. Rs. 25,420 crore
3. Rs. 28,345 crore
4. Rs. 29,650 crore

Allocation for North East Region to be increased by 21% to _____ in 2019-20
1. Rs. 58,166 crore
2. Rs. 60,266 crore
3. Rs. 55,623 crore
4. Rs. 52,163 crore

The Government to make ____ Villages into Digital Villages over next five years
1. 1 lakh 
2. 2 Lakh
3. 3.5 Lakh
4. 4 Lakh
5. 3 Lakh

Revised Fiscal Deficit estimates for 2018-19 are at _____of GDP?
1. 3.2%
2. 3.5%
3. 3.3%
4. 3.4%

Note - Fiscal deficit occurs when government revenue falls short of its expenditure. It is an indication of the total borrowings needed by the government.

The fiscal deficit for the financial year 2019-20 has been projected at what % of GDP
1. 3.4%
2. 3.2%
3. 3.1%
4. 3.5%
5. 4.1%

Note - Target of 3% of fiscal deficit to be achieved by 2020-21. 

Current Account Deficit (CAD) estimates is likely to what Percent of GDP this year?
1. 2.5%
2. 2.7%
3. 2.9%
4. 3.1%

Note - The current account deficit is a measurement of a country's trade where the value of the goods and services it imports exceeds the value of the goods and services it exports.

What is the Budgetary Allocation for Financial Year 2019-20 for PM Kisaan Samman Nidhi Scheme
1. 70,000 Crore
2. 72,000 Crore
3. 75,000 Crore
4. 80,000 Crore
5. 85,000 Crore

Note :- 
I. PM Kisaan Samman Nidhi to support farmers in procuring basic farm inputs like seeds and fertilizer, to benefit seed and fertiliser companies. 
II. 12.5 crore farmers to be covered under direct income support - PM Kissan.  Annual cash benefit of Rs 6000 (to be paid in three tranches) per head. The total outlay is only 0.4% of GDP.
III. Rs 20,000 crore to be spent on PM Kisan Scheme in FY19.This will cost the govt around Rs 75,000 crore. 

What is the Budgetary Allocation Pradhan Mantri Shram Yogi Maandhan Yojana for organized sector worker with income up to Rs 15,000 per month
1. 500 Crore
2. 600 Crore
3. 800 Crore
4. 450 Crore
5. 750 Crore

Note :- Beneficiaries will get Rs 3,000 pension after the retirement.

Outlay for Rashtriya Gokul mission increased to What Amount ?
1. Rs 750 crore
2. Rs 500 crore
3. Rs 550 crore
4. Rs 650 crore
5. Rs 850 crore

Which Ayog to be setup for sustainable genetic up-gradation of the Cow resources
1. Rashtriya Gokul Ayog
2. Rashtriya Kamdhenu Ayog
3. Rashtriya Gau Sanrakhsan Ayog
4. Rashtriya Gau Samridhi Ayog

What Percent interest subvention to Farmers for Animal husbandry and Fisheries activities; additional 3% in case of timely repayment.
1. 2.5%
2. 2.3%
3. 2.0%
4. 3.0%
5. 3.5%



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