Union Budget for Financial Year 2017-18 Online Test Electronic Study 4:19 AM Current Affairs Electronic Study Welcome to Online Tests Welcome to Online Tests Time Remaining: Q1). As per the Union Budget 2017-18, the total corpus of the Long Term Irrigation Fund in NABARD has been increased to? A. Rs.40,000 Crore B. Rs.20,000 Crore C. Rs.25,000 Crore D. Rs.30,000 Crore Answer: A Description: Allocation for Long Term Irrigation Fund in NABARD increased from Rs. 20000 crore in 2016-17 to Rs. 40000 crore in 2017-18 Q2). How much amount of agricultural credit to farmers has been proposed in the Union Budget 2017-18? A. Rs. 20 lakh crore B. Rs. 30 lakh crore C. Rs. 15 lakh crore D. Rs. 10 lakh crore Answer: D Description: The target for agricultural credit in 2017-18 has been fixed at a record level of Rs 10 lakh crore as part of the government’s efforts to double farm incomes in the next five years. Q3). How much amount has been allocation for Women and Children welfare under various schemes across all Ministries in the Union Budget 2017-18? A. Rs. 1,75,310 crores B. Rs. 1,84,632 crores C. Rs. 1,87,650 crores D. Rs. 1,19,625 crores Answer: B Description: Increased from Rs. 1, 56, 528 crores (2016-17) to Rs. 1, 84, 632 crores (2017-18). Q4). The Minimum Alternate Tax (MAT) credit has been carried forward from the current 10 years to how many years in the Budget Estimates in 2017-18? A. 20 Years B. 17 Years C. 15 Years D. 22 Years Answer: C Description: Minimum Alternate Tax (MAT) has been proposed to be carry forward for 15 years instead of 10 years in the Union Budget 2017-18. Current MAT RATE is 18.50%. Q5). As mentioned in the Union Budget 2017-18, the Indian Railways coaches would be completely fitted with bio-toilets by which year? A. 2019 B. 2020 C. 2018 D. 2021 Answer: A Description: Q6). Consider the following statements and based on the Budget Estimates 2017 identify which among the given points are correct? i.Foreign Investment Promotion Board will be abolished in 2017-18 ii.Second phase of Solar Park development will be taken up for additional 20,000 MW capacity. iii.A Computer Emergency Response Team for Financial Sector (CERT-Fin) will be established :- A. Only i & ii B. Only ii & iii C. Only i & iii D. All Are Correct Answer: D Description: Q7). As per the Union Budget 2017, what is the maximum cash donation that a political party can receive from one a source? A. Rs 3000 B. Rs 20000 C. Rs 2000 D. Rs 5000 Answer: C Description: Maximum amount that a political party can receive from a source in cash is Rs 2,000, which is a sharp drop from the earlier limit of Rs 20,000. Q8). What is the expected growth rate of agricultural sector for the last quarter of the fiscal year 2016-17 ending March 2017? A. 4.5 Percent B. 4.1 Percent C. 3.6 Percent D. None of the Above Answer: B Description: As per the Budget data, the agriculture sector is expected to grow at 4.1% in the current fiscal with a better monsoon. Q9). What is the name of the single window interface, to be launched by the Union government to register all coach related complaints and requirements - A. Coach Mitra B. Coach For All C. Best Coach D. My Coach Answer: A Description: Government has proposed to launch a facility named Coach Mitra to register all coach related complaints and requirements. Q10). According to the Union Budget 2017-18, NABARD will computerize and integrate ___________ Primary Agriculture Credit Societies with the Core Banking System of District Central Cooperative Banks to ensure flow of credit to small farmers - A. 60,000 B. 61,750 C. 62,500 D. 63,000 Answer: D Description: NABARD will computerize all the 63,000 functional Primary Agriculture Credit Societies (PACS) with the Core Banking System of District Central Cooperative Banks to ensure flow of credit to small farmers. Score: See Also :- General Science(Disease & Causes) Online Test Author : Electronic Study Share this Related Posts
