Union Budget for Financial Year 2017-18 :: Part-III Online Test

Welcome to Online Tests

Time Remaining:

Q1). What is the pegged fiscal deficit for 2017-18 as proposed in Union Budget 2017-18?

A. 3.2 Percent of GDP

B. 1.4 Percent of GDP

C. 2.5 Percent of GDP

D. 3 Percent of GDP

Answer: A

Description: Fiscal deficit of 2017-18 pegged at 3.2% of the GDP. Government will remain committed to achieving 3% in the next year.

Q2). According to the Union Budget 2017-18, government has proposed to set up 2 strategic crude oil reserves in which of the following locations?

A. Cuttack in Odisha and Kota in Rajasthan

B. Cuttack in Odisha and Bikaner in Rajasthan

C. Chandikhole in Odisha and Kota in Rajasthan

D. Chandikhole in Odisha and Bikaner in Rajasthan

Answer: D

Description: Finance Minister has proposed to set up strategic crude oil reserves at 2 more locations, namely, Chandikhole in Odisha and Bikaner in Rajasthan. This will take the strategic reserve capacity to 15.33 MMT

Q3). As per the Union Budget 2017-18, the government aims to eliminate unmanned level crossings on Broad Gauge lines by which year?

A. 2018

B. 2022

C. 2020

D. 2019

Answer: C

Description:

Q4). As per the Union Budget 2017-18, the allowable provision for Non-Performing Asset of Banks has been increased from 7.5 percent to ______ percent?

A. 7.8 %

B. 8.5 %

C. 9.5 %

D. 10 %

Answer: B

Description: The finance minister has proposed to increase allowable provision for Non-Performing Asset of banks from 7.5 per cent to 8.5 per cent.

Q5). The total allocation under MGNREGA has been increased to all time high at Rs. ________ in the Budget Estimate 2017.

A. Rs. 48000 crore

B. Rs. 44000 crore

C. Rs. 38000 crore

D. Rs. 58000 crore

Answer: A

Description: The government has allocated Rs 48,000 crore to the scheme in this year’s Budget. The rural development ministry is expecting more funds at its disposal for the next fiscal.

Q6). The government aims to bring one crore households out of poverty and 50,000 Gram Panchayats poverty free by which year?

A. 2020

B. 2021

C. 2019

D. 2022

Answer: C

Description:

Q7). According to the Union Budget 2017, Women participation in MGNREGA has increased to ________ percent from less than 48 percent.

A. 58 %

B. 55 %

C. 60 %

D. 56 %

Answer: B

Description: 55 % from 48 %

Q8). Based on the Union Budget 2017-18, Skill Acquisition and Knowledge Awareness for Livelihood Promotion programme (SANKALP) will be launched at a cost of Rs. ___________.

A. Rs. 5000 crores

B. Rs. 6000 crores

C. Rs. 4000 crores

D. Rs. 8000 crores

Answer: C

Description:

Q9). How much amount of assistance would be provided to the National Agricultural Market (e-NAM) as per the Union Budget 2017-18?

A. Rs. 69 Lakhs

B. Rs. 75 Lakhs

C. Rs. 85 Lakhs

D. Rs. 79 Lakhs

Answer: B

Description: Coverage of National Agricultural Market (e-NAM) increased from the current 250 Agriculture Produce Marketing Committees (APMCs) to 585 APMCs. Assistance of Rs. 75 lakh to each APMCs .

Q10). Which among the given statements are true as per the Union Budget 2017-18?
i. For imparting new skills to people in rural areas, mason training will be provided to 5 lakh persons by 2022
ii. Sanitation coverage in rural India has gone up from 42% in Oct 2014 to about 60%.
iii. Allocation for Prime Minister’s Employment Generation Program and Credit Support Schemes has been increased three times.
iv. A programme of “human resource reforms for results” will be launched during 2017-18 for human resources development in Panchayati Raj Institutions -

A. Only ii, iii & iv

B. Only ii, & iv

C. Only i, ii, iv

D. All Are Correct

Answer: D

Description:

Score:

See Also :-
Union Budget for Financial Year 2017-18 :: Part-II Online Test

Geography(Monsoon, Winds) Online Test

Author : Electronic Study

Share this

Related Posts