The 2017 Union Budget was presented by Finance Minister Arun Jaitley on February 1, 2017.
From this year, the Budget announcement is preponed to February 1 from the last working day of February. Budget preponement will give sufficient time to departments to implement government schemes.
We have come up with important questions on Union Budget 2017.
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Question 1 of 15
1. Question
The Agenda for Annual Budget 2017-18 is TEC India. What does TEC stands for?
Correct
Explanation: Agenda for 2017-18 is : “Transform, Energise and Clean India” – TEC India
Incorrect
Explanation: Agenda for 2017-18 is : “Transform, Energise and Clean India” – TEC India
Unattempted
Explanation: Agenda for 2017-18 is : “Transform, Energise and Clean India” – TEC India
Question 2 of 15
2. Question
As per the annual budget 2017-18, the Indian government aims to double the income of farmers in ___ years.
Correct
Explanation: In 5 years.
Incorrect
Explanation: In 5 years.
Unattempted
Explanation: In 5 years.
Question 3 of 15
3. Question
In the annual budget 2017-18 the target for agricultural credit in 2017-18 has been fixed at Rs. _______ .
Correct
Explanation : Target for agricultural credit in 2017-18 has been fixed at a record level of Rs. 10 lakh crores
Incorrect
Explanation : Target for agricultural credit in 2017-18 has been fixed at a record level of Rs. 10 lakh crores
Unattempted
Explanation : Target for agricultural credit in 2017-18 has been fixed at a record level of Rs. 10 lakh crores
Question 4 of 15
4. Question
Government has allocated an amount of _____ to support NABARD for computerisation and integration of all 63,000 functional Primary Agricultural Credit Societies with the CBS of DCCB.
Correct
Explanation : To ensure flow of credit to small farmers, Government to support NABARD for computerisation and integration of all 63,000 functional Primary Agriculture Credit Societies with the Core Banking System of District Central Cooperative Banks. This will be done in 3 years at an estimated cost of Rs 1,900 crores
Incorrect
Explanation : To ensure flow of credit to small farmers, Government to support NABARD for computerisation and integration of all 63,000 functional Primary Agriculture Credit Societies with the Core Banking System of District Central Cooperative Banks. This will be done in 3 years at an estimated cost of Rs 1,900 crores
Unattempted
Explanation : To ensure flow of credit to small farmers, Government to support NABARD for computerisation and integration of all 63,000 functional Primary Agriculture Credit Societies with the Core Banking System of District Central Cooperative Banks. This will be done in 3 years at an estimated cost of Rs 1,900 crores
Question 5 of 15
5. Question
What amount has the government allocated to Fasal Bima Yojana for 2017-18?
Correct
Explanation: Coverage under Fasal Bima Yojana scheme will be increased from 30% ofcropped area in 2016-17 to 40% in 2017-18 for which abudget provision of Rs. 9000 crore has been made.
Incorrect
Explanation: Coverage under Fasal Bima Yojana scheme will be increased from 30% ofcropped area in 2016-17 to 40% in 2017-18 for which abudget provision of Rs. 9000 crore has been made.
Unattempted
Explanation: Coverage under Fasal Bima Yojana scheme will be increased from 30% ofcropped area in 2016-17 to 40% in 2017-18 for which abudget provision of Rs. 9000 crore has been made.
Question 6 of 15
6. Question
The Long Term Irrigation(LTE) fund setup under NABARD will be increased from Rs. 20,000 Crore to _____ .
Correct
Explanation: The Long Term Irrigation Fund already set up in NABARD to be augmented by 100% to take the total corpus of this Fund to Rs. 40,000 crores.
Incorrect
Explanation: The Long Term Irrigation Fund already set up in NABARD to be augmented by 100% to take the total corpus of this Fund to Rs. 40,000 crores.
Unattempted
Explanation: The Long Term Irrigation Fund already set up in NABARD to be augmented by 100% to take the total corpus of this Fund to Rs. 40,000 crores.
Question 7 of 15
7. Question
In the annual budget 2017-18 government has announced to set up a dedicated Micro Irrigation Fund in NABARD. What will be the initial corpus of this Fund?
Correct
Explanation: Dedicated Micro Irrigation Fund in NABARD to achieve ‘per drop more crop’ with an initial corpus of Rs 5,000 crores
Incorrect
Explanation: Dedicated Micro Irrigation Fund in NABARD to achieve ‘per drop more crop’ with an initial corpus of Rs 5,000 crores
Unattempted
Explanation: Dedicated Micro Irrigation Fund in NABARD to achieve ‘per drop more crop’ with an initial corpus of Rs 5,000 crores
Question 8 of 15
8. Question
In the annual budget 2017-18 government has announced to set up a Dairy Processing and Infrastructure Development Fund under NABARD. What is the initial corpus of this Dairy fund?
Correct
Explanation: Dairy Processing and Infrastructure Development Fund to be set up in NABARD with a corpus of Rs 2000 crores and will be increased to Rs 8000 crores over 3 years.
Incorrect
Explanation: Dairy Processing and Infrastructure Development Fund to be set up in NABARD with a corpus of Rs 2000 crores and will be increased to Rs 8000 crores over 3 years.
Unattempted
Explanation: Dairy Processing and Infrastructure Development Fund to be set up in NABARD with a corpus of Rs 2000 crores and will be increased to Rs 8000 crores over 3 years.
Question 9 of 15
9. Question
What is the ceiling amount that the government will provide to each e-NAM(National Agricultural Market) for establishment of cleaning, grading and packaging facilities?
Correct
Explanation: Coverage of National Agricultural Market (e-NAM) to be expanded from 250 markets to 585 APMCs. Assistance up to Rs 75 lakhs will be provided to every e-NA.M
Incorrect
Explanation: Coverage of National Agricultural Market (e-NAM) to be expanded from 250 markets to 585 APMCs. Assistance up to Rs 75 lakhs will be provided to every e-NA.M
Unattempted
Explanation: Coverage of National Agricultural Market (e-NAM) to be expanded from 250 markets to 585 APMCs. Assistance up to Rs 75 lakhs will be provided to every e-NA.M
Question 10 of 15
10. Question
The government aims to bring one crore household out of poverty and to make 50,000 Gram Panchayat poverty free by which year as per the annual budget 2017-18?
Correct
Explanation: Aim to bring one crore households out of poverty and to make 50,000 Gram Panchayats poverty free by 2019, the 150th birth anniversary of Gandhiji.
Incorrect
Explanation: Aim to bring one crore households out of poverty and to make 50,000 Gram Panchayats poverty free by 2019, the 150th birth anniversary of Gandhiji.
Unattempted
Explanation: Aim to bring one crore households out of poverty and to make 50,000 Gram Panchayats poverty free by 2019, the 150th birth anniversary of Gandhiji.
Question 11 of 15
11. Question
What amount has government allocated to MGNREGA Scheme?
Correct
Explanation: The budget provision of Rs 38,500 crores under MGNREGA in 2016-17 has been increased to RS 48,000 crores in 2017-18.
Incorrect
Explanation: The budget provision of Rs 38,500 crores under MGNREGA in 2016-17 has been increased to RS 48,000 crores in 2017-18.
Unattempted
Explanation: The budget provision of Rs 38,500 crores under MGNREGA in 2016-17 has been increased to RS 48,000 crores in 2017-18.
Question 12 of 15
12. Question
What is the total allocation for Pradhan Mantri Awas Yojana(Rural) for 2017-18?
The government aims to achieve 100% Village Electrification by the date _____ .
Correct
Explanation: 1 May 2018
Incorrect
Explanation: 1 May 2018
Unattempted
Explanation: 1 May 2018
Question 15 of 15
15. Question
As per Pradhan Mantri Awas Yojana(Rural), government aims to build 1 crore houses by which year?
Correct
Explanation: Allocation for Pradhan Mantri Awaas Yojana – Gramin increased from Rs 15,000 crores in BE 2016-17 to Rs 23,000 crores in 2017-18 with a target to complete 1 crore houses by 2019 for the houseless and those living in kutcha houses.
Incorrect
Explanation: Allocation for Pradhan Mantri Awaas Yojana – Gramin increased from Rs 15,000 crores in BE 2016-17 to Rs 23,000 crores in 2017-18 with a target to complete 1 crore houses by 2019 for the houseless and those living in kutcha houses.
Unattempted
Explanation: Allocation for Pradhan Mantri Awaas Yojana – Gramin increased from Rs 15,000 crores in BE 2016-17 to Rs 23,000 crores in 2017-18 with a target to complete 1 crore houses by 2019 for the houseless and those living in kutcha houses.
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In question 3 it should be 10 lakh crore
corrected 🙂
thanku team 🙂
You have reached 8 of 15 points, (53.33%)
Results
13 of 15 questions answered correctly
You have reached 13 of 15 points, (86.67%)
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