Union Budget 2019 Questions Set 1

Hello Aspirants
We have come up with important Quiz Questions based on the Union Budget 2018-19 that are expected in the upcoming exams.

Union Budget 2019 Questions for Bank ExamsClick Here to Read the Highlights of Union Budget 2019-20

  1. How much amount has been allocated for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the Union Budget 2019-20?
    Rs 60,000 crore
    Rs 40,000 crore
    Rs 55,000 crore
    Rs 50,000 crore
    Rs 70,000 crore
    Option A
    The budgetary allocation for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by Rs 5,000 crore year-on-year to Rs 60,000 crore in the Budget for 2019-20.

     

  2. As announced in the Union Budget 2019-20, how many villages will be converted to Digital Villages in next 5 years across the country?
    1 crore
    2 crore
    2 lakh
    5 lakh
    1 lakh
    Option E
    The Government will make 1 lakh villages into Digital Villages over next five years.

     

  3. What is the amount allocated to the country’s space programme in the Union Budget 2019-20?
    Rs 5,000 crore
    Rs 10,000 lakhs
    Rs 1,000 crore
    Rs 10,000 crore
    Rs 1,000 lakhs
    Option D
    With a vision to expand the countrys space programme and sending an Indian astronaut into space by 2022, allocated of more than Rs 10,000 crore for space programme.

     

  4. As per the Union Budget 2019-20, what is the projected fiscal deficit for the financial year 2019-20?
    4.6% of the gross domestic product (GDP)
    4.3% of the gross domestic product (GDP)
    3.4% of the gross domestic product (GDP)
    4.4% of the gross domestic product (GDP)
    3.6% of the gross domestic product (GDP)
    Option C
    The fiscal deficit for 2019-20 is estimated to be 3.4% of the gross domestic product (GDP).

     

  5. As announced in the Union Budget 2019-20, how much investment has been done for the recapitalization of the public sector banks?
    Rs 1.2 lakh crore
    Rs 2.6 lakh crore
    Rs 2.8 lakh crore
    Rs 1.8 lakh crore
    Rs 3.7 lakh crore
    Option B
    To restore the health of public sector banks, recapitalisation has been done with an investment of Rs 2.6 lakh crore.

     

  6. How much amount has been allocated for the Pradhan Mantri Shram Yogi Maan Dhan Yojana in the Union Budget 2019-20?
    Rs 500 crore
    Rs 5,000 crore
    Rs 50 crore
    Rs 500 lakhs
    Rs 50 lakhs
    Option A
    An allocation of Rs 500 crore has been made for the Pradhan Mantri Shram Yogi Maan Dhan Yojana in the budget. Budget 2019 also made a provision for additional funds to be allocated to this scheme at a later date.

     

  7. 22nd AIIMS (All India Institute of Medical Sciences) will be set up in which state as announced in the Union Budget 2019-20?
    West Bengal
    Kerala
    Jammu and Kashmir
    Haryana
    Andhra Pradesh
    Option D
    There are 21 AIIMS (All India Institute of Medical Sciences) operating or being established in the country presently. 14 of these 21 AIIMS have been announced since 2014.
    22nd AIIMS will be set up in Haryana.
    Another AIIMS which is likely to be set up in Darbhanga, Bihar has not been approved by the Cabinet yet.

     

  8. In the Union Budget 2019-20, a programme namely PM-KISAN is announced for the farmers to give annual income support. What does N stands for in KISAN?
    Nidan
    Notch
    Nidesh
    Nidhi
    Net
    Option D
    Pradhan Mantri KIsan SAmman Nidhi (PM-KISAN)

     

  9. What minimum pension will be given to every labourer as announced in the Union Budget 2019-20?
    Rs 5,000 per year
    Rs 1,000 per year
    Rs 1,000 per month
    Rs 500 per month
    Rs 5,000 per month
    Option C
    Minimum pension for every labourer has been fixed at Rs 1,000 per month.

     

  10. A committee under the __________ has been formed to complete the task of identifying nomadic and semi-nomadic communities which are not yet classified.
    Indian Statistical Institute (ISI)
    Planning Commission
    National Institute for Smart Government (NISG)
    Competition Commission of India (CCI)
    NITI Aayog
    Option E
    A committee under the NITI Aayog has been formed to complete the task of identifying nomadic and semi-nomadic communities which are not yet classified.

     

  11. In the budget 2019-20, what amount has been given as budgetary support to the ailing national carrier Air India?
    Rs 1 crore
    Rs 1 lakh
    Rs 10 lakh
    Rs 2.5 lakh
    Rs 2.5 crore
    Option B
    The government has provided a token amount of just about Rs 1 lakh as budgetary support to the ailing national carrier Air India which has been saddled with a debt burden of around Rs 55,000 crore.

     

  12. How much amount has been allocated to the Ministry of External Affairs (MEA) in the Union Budget 2019-20?
    Rs 16,023 crores
    Rs 16,268 crores
    Rs 16,398 crores
    Rs 16,191 crores
    Rs 16,061 crores
    Option E
    The Ministry of External Affairs (MEA) has been allocated a budget of Rs 16,061 crores. Bhutan consistently continues to receive the largest chunk of the total aid, with a Rs 2,615 crores grant in 2019-20

     

  13. How much amount has been allocated for the Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB – PMJAY) in the Union Budget 2019-20?
    Rs 7,400 crore
    Rs 5,800 crore
    Rs 3,900 crore
    Rs 6,400 crore
    Rs 6,800 crore
    Option D
    The Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB – PMJAY) is allocated 6,400 crore, an increase of Rs 4,000 crore from last year.

     

  14. In the Union Budget 2019-20, maximum ceiling of the bonus given to the labourers has been increased from Rs 3,500 per month to _________ per month.
    Rs 7,000
    Rs 6,000
    Rs 7,500
    Rs 6,600
    Rs 5,000
    Option A
    In the Union Budget 2019-20, maximum ceiling of the bonus given to the labourers has been increased from Rs 3,500 per month to Rs 7,000 per month.

     

  15. In the Union Budget 2019-20, maximum ceiling of the pay given to the labourers has been increased from Rs 10,000 per month to _________ per month.
    Rs 20,000
    Rs 16,000
    Rs 24,000
    Rs 19,000
    Rs 21,000
    Option E
    In the Union Budget 2019-20, maximum ceiling of the pay given to the labourers has been increased from Rs 10,000 per month to Rs 21,000 per month.

     

  16. As announced in the Union Budget 2019-20, a National Programme for which of the following will be launched to help empowering youth of the nation?
    Sustainable Development
    Social Inclusion
    Creativity and Innovation
    Artificial Intelligence
    Entrepreneurship
    Option D
    National Programme for Artificial Intelligence will be launched.

     

  17. What is the capital support allocated to the Railways in the Union Budget 2019-20?
    Rs 58,746 crore
    Rs 54,587 crore
    Rs 64,587 crore
    Rs 68,763 crore
    Rs 45,389 crore
    Option C
    Capital support from the budget for railways is Rs 64,587 crore in 2019-20 (BE).

     

  18. In order to provide qualitative education for all, what is the total Budget allocation for the HRD Ministry?
    Rs. 87,698.64 crore
    Rs. 93,847.64 crore
    Rs. 96,305.64 crore
    Rs. 89,063.64 crore
    Rs. 84,287.64 crore
    Option B
    In order to provide qualitative education for all total Budget allocation for the HRD Ministry in interim Budget 2019-20 is Rs. 93,847.64 crore which is more than 10,000 crore from previous year budget allocation.

     

  19. What is the allocation for National Education Mission in the Union Budget 2019-20?
    Rs 37,873 crore
    Rs 33,387 crore
    Rs 35,475 crore
    Rs 36,376 crore
    Rs 38,572 crore
    Option E
    Allocation for National Education Mission is being increased from Rs 32,334 crore in RE 2018-19 to Rs 38,572 crore in BE 2019-20.

     

  20. According to the Union Budget 2019-20, how many (nearly) Jan Dhan bank accounts are being opened by then?
    23 crore
    32 crore
    28 crore
    43 crore
    34 crore
    Option E
    In the last five years, nearly 34 crore Jan Dhan bank accounts were opened.

     


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