Question : As per the estimates of the Union Budget 2019-20, how much investment is needed in Railway Infrastructure during 2018-2030?
Option 1: INR 40 lakh crore
Option 2: INR 50 lakh crore
Option 3: INR 60 lakh crore
Option 4: INR 30 lakh crore
Correct Answer: INR 50 lakh crore
Solution : The correct answer is INR 50 lakh crore.
According to the estimates of the National Budget 2019–20, INR 50 lakh crore is needed for railway infrastructure during 2018–2030. Railways got a budgetary allocation of Rs. 65837 crore, and Rs. 7255 crore for the construction of new lines were allocated in the budget.
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Question : As per Union Budget 2019-20, the tax rate has been reduced to _________for companies with annual turnover up to INR 400 crore.
Option 1: 21%
Option 2: 11%
Option 3: 19%
Option 4: 25%
Question : A government budget shows a primary deficit of INR 6,900 crore. The revenue expenditure on interest payments is INR 400 crore. Fiscal deficit is equal to:
Option 1: INR 6,500 crore
Option 2: INR 7,300 crore
Option 3: INR 7,100 crore
Option 4: INR 6,900 crore
Question : The Union Budget of India 2020-21 allocated an amount of crore for the education sector:
Option 1: INR 83,600
Option 2: INR 99,300
Option 3: INR 78,700
Option 4: INR 95,800
Question : As of October 2019, what is the maximum amount of loan granted by a scheduled commercial bank that is covered under the Credit Guarantee Fund Scheme for Micro and Small Enterprises?
Option 1: INR 150 lakh
Option 2: INR 200 lakh
Option 3: INR 50 lakh
Option 4: INR 100 lakh
Question : The 10 per cent reservation in central government jobs under the economically weaker sections (EWS) category is available to the persons whose family income is below:
Option 1: INR 8 lakh
Option 2: INR 5 lakh
Option 3: INR 6 lakh
Option 4: INR 7 lakh
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