1.As per union budget, what is the fiscal deficit target?

a.3.4%
b.3.3%
c.3.2%
d.3.5%

b
2.India's economy was US$ 1.85 trillion in 2014 which has reached ______ trillion in 2018 and also aims to
reach US$ 5 trillion in few years.
a.US$2.5
b.US$2.6
c.US$2.7
d.US$2.8

c
3.What is India's rank in world's domestic aviation market?
a.2nd
b.4th
c.6th
d.3rd

d
4.As per budget speech by Mrs. Sitharaman,how much investment is needed by Railway Infrastructure between
2018-2030?
a.20 lakh cr
b.50 lakh cr
c.80 lakh cr
d.100 lakh cr

b
5.Under the new Pradhan Mantri Karam Yogi Maandhan Scheme, Government of India has decided to extend
the pension benefit to about three crore retail traders & small shopkeepers whose annual turnover is _____.
a. < 1.5cr
b. > 1.5cr
c. = 1.5cr
d. none of the above.

a
6.According to Budget, in which year A Credit Guarantee Enhancement Corporation for which regulations have
been notified by the RBI will be set up?
a.2020-21
b.2021-22
c.2019-20
d.2022-23

c
7.What is the average investments required by India per year?
a.$200 bn
b.$300 bn
c.$400 bn
d.$100 bn
b.$300 bn, or Rs.20 lakh crores.
8.What is the increased current threshold of minimum public shareholding in the listed companies done by
SEBI?
a.25%
b.30%
c.35%
d.40%

c
9.How much percent of Foreign Direct Investment (FDI) will be permitted for insurance intermediaries?
a.49%
b.72%
c.95%
d.100%

d
10._____ has been incorporated as a new commercial arm of Department of Space to tap the benefits of the
Research & Development carried out by ISRO.
a.New India Space Ltd
b.New Space India Ltd
c.New Space Astronomy Ltd
d.New India Space Astronomy Ltd

b
11.As per the budget, number of days for completion of houses fell from 314 in 2015-16 to how many days in
2017-18?
a.214
b.104
c.114
d.224

c
12.Name the yojana that was established under Department of Fisheries to address critical gaps in the value
chain, including infrastructure, modernization, traceability, production, productivity, post-harvest management,
and quality control.
a.Pradhan Mantri Sampada Yojana
b.Pradhan Mantri Matsya Sampada Yojana
c.Pradhan Mantri Matsya Yojana
d.Pradhan Mantri Sampada Matsya Yojana

b
13.What is the estimated cost of PMGSY-III which is envisaged to upgrade 1,25,000kms of road length over the
next five years?
a.80,250 cr
b.81,250 cr
c.80,450 cr
d.82,450 cr

a
14.Rashtriya Swachhta Kendra will be inaugurated at which place?
a.Delhi
b.Mumbai
c.Gurgaon
d.Pune

a,Delhi at Gandhi Drashan, Rajghat on 2nd Oct, 2019

15.How many clusters did SFURTI envisioned to set up during 2019-20 which should enable 50,000 artisans to
join the economic value chain.
a.200
b.150
c.300
d.100

d
16.Jal Shakti Mantralaya will look at the management of our water resources and water supply in an integrated
and holistic manner, and will work with States to ensure Har Ghar Jal (piped water supply) to all rural
households by ______under the Jal Jeevan Mission.
a.2022
b.2024
c.2025
d.2030

b
17.How much amount provided for higher education under the head, "World Class Institution" for FY 2019-20
a.200 cr
b.300 cr
c.400 cr
d.500 cr

c
18.Name the programme that announced in the budget which will focus on bringing foreign students to study in
our higher educational institutions?
a.Quality Study at India
b.Study at India
c.Study in India
d.Quality Study in India

c
19.What is the meaning of "Principle of Dasoha" mentioned in the budget speech?
a.care for underprivileged person
b.provide food to weeker sections
c.proper health beneficiaries to underprivileged person
d.elementary education to children

a
20.How many labour codes are set up to streamline multiple labour laws?
a.2
b.4
c.6
d.8

b
21.According to the data given in union budget,how many workers joined the Pradhan Mantri Shram Yogi
Maandhan scheme?
a.20k
b.40k
c.30k
d.50k

c
22.Every verified women SHG member having a Jan Dhan Bank Account, what is the overdraft amount that
shall be allowed to them?
a.2000
b.5000
c.10000
d.none of these

b
23.Under the MUDRA Scheme one woman in every SHG will be made eligible for a loan up to how much
amount?
a.50,000
b.1,00,000
c.75,000
d.1,50,000

b
24.Already Five Embassies have been opened in the year 2018-19. How many more embassies Govt intends to
open in the year 2019-20?
a.2
b.8
c.6
d.4

d
25.IDEAS provides concessional financing for projects and contributes to infrastructure development and
capacity building in the recipient developing countries. Expand IDEAS?

Indian Development Assistance Scheme

26.How many iconic Tourism Sites were developed into world class tourist destinations to serve as a model for
other tourism sites.
a.15
b.18
c.17
d.20

c
27.According to union budget, in Banking and Financial Sector, domestic credit growth had risen to how much
percent?
a.13.8%
b.12.4%
c.13.7%
d.12.6%
a
28.How much further capital to be provided to PSBs to boost credit for a strong impetus to the economy?
a.Rs.80,000 cr
b.Rs.50,000 cr
c.Rs.70,000 cr
d.Rs.90,000 cr

c
29.Government will provide one time six months' partial credit guarantee to Public Sector Banks for first loss of
up to ______%
a.5%
b.10%
c.7%
d.15%

b
30.NHB is the regulator of the housing finance sector. In the budget, it is proposed to return the regulation
authority over the housing finance sector from NHB to which organisation?
a.RBI
b.Finance ministry
c.SEBI
d.IRDA

a
31.According to the budget, the goverment wants to reduce the Net Owned Fund requirement of IFSC to how
much cr?
a.5000 cr
b.1000 cr
c.2000 cr
d.3000 cr

b. reduced from 5000 cr to 1000 cr

32.What is the target of disinvestment receipts for the financial year 2019-20?
a.80,000 cr
b.90,000 cr
c.1,00,000 cr
d.1,05,000 cr

d
33.New series of coins for visually impaired were released on 7th March, which is this is not among the one?
a.Re.1
b.Re.5
c.Re.20
d.Re.50

d
34.Direct tax revenue increased by how much percent from 2013-14 to 2018-19?
a.72%
b.78%
c.79%
d.70%

b
35.Corporate tax of 25% was applied to companies having annual turnover upto 250 cr, in the recent budget this
turnover limit was increased upto?
a.300 cr
b.450 cr
c.400 cr
d.350cr

c
36.Govt has moved GST council to lower GST rate on electric vehicles from 12% to 5%; to make electric
vehicle affordable, additional income tax deduction of _____ lakh on interest paid on loans was made to
purchase electric vehicles.
a.1.5
b.2.5
c.1
d.2

For realisation of the goal of ‘Housing for All’ and affordable housing, a tax holiday has already been provided
on the profits earned by developers of affordable housing. Also, interest paid on housing loans is allowed as a
deduction to the extent of 2 lakh in respect of self-occupied property. In order to provide a further impetus, it is
proposed to allow an additional deduction of up to `______37______ for interest paid on loans borrowed up to
31st March, 2020 for purchase of an affordable house valued up to `_______38______. Therefore, a person
purchasing an affordable house will now get an enhanced interest deduction up to ________39______. This will
translate into a benefit of around ` 7 lakh to the middle class home-buyers over their loan period of 15 years.

37.
a.1,20,000
b.1,50,000
c.1,80,000
d.2,00,000

38.
a.25lakh
b.45lakh
c.40lakh
d.50lakh

39.
a.3.5lakh
b.3.2lakh
c.3.8lakh
d.4lakh

Answer: bba
40.In order to discourage making business payments in cash, govt have levied how much % TDS on cash
withdrawal of more than 1 cr from bank account?
a.5%
b.4%
c.2%
d.8%

c
41.Custom duty on gold and other precious metals was increased to how much percent?
a.12.5%
b.10%
c.10.5%
d.13.5%

a. increased from 10% to 12.5%

42.According to the Union budget, what is the revenue deficit for 2019-20?
a.2.5%
b.2.4%
c.2.3%
d.2.1%

c
43.NBFCs which do public placement of debt have to maintain a DRR and in addition, a special reserve as
required by RBI, has also to be maintained. Expand DRR?

Debenture Redemption Reserve

44.According to budget presented, what was the voter turnout in the 17th lok sabha elections?
a.67.9%
b.66.2%
c.65%
d.70%

a
45.The phaseII of FAME Scheme has received approval for a period of 3 years. What is the amount approved by
the cabinet?
a.1500cr
b.2000cr
c.3200cr
d.6000cr
e.10,000cr

e
46.What is the name of new water conservation scheme announced during the budget 2019 speech?
a.Jal Jeevan Mission
b.Jal Sanrakshan Mission
c.Jal jyoti Mission
d.Samaan Jal Adhikar Mission

a
47.The budget proposed to enhance surcharge on individual having taxable income from 2cr to 5 cr by ____.
a.2%
b.3%
c.4%
d.6%

b
48.Union goverment proposed in the budget 2019 to make which two identity cards interchangeable?
a.PAN and Aadhaar
b.Aadhaar and voter ID
c.Metro card and Aadhaar
d.voter ID and PAN

a
49.An encyclopedia is being developed on which among the following freedom fighters?
a.Vallabhbhai Patel
b.Subhas Chandra Bose
c.Chandra Shekar Azad
d.Mahatma Gandhi

d
50.For which sector a new TV channel would be launched as announced in budget 2019?
a.Banking
b.Start-ups
c.Education
d.Agriculture

b
51.The taxpayer having annual turnover of less than 5cr shall file the return_____.
a.Yearly
b.Half-Yearly
c.Quaterly
d.Bi-monthly

c
52.The budget has proposed to consider issuing Aadhaar card for non-resident indians with Indian Passports
after their arrival in India without waiting for ______ days
a.90
b.120
c.150
d.180

d
53.The budget introduced "The Sabka Vishwas Legacy Dispute Resolution Scheme, 2019" for resolution and
settlement of legacy cases of ______.
a.Central Excise and Service Tax
b.Income Tax
c.Money Laundering
d.Undisclosed Income

a
54.Under of Ease of Doing Business, what is India's ranking under the category of "paying taxes" in 2019?
a.180th
b.172th
c.148th
d.121st

d
55.India is the 6th largest economy in the world, what is its position in terms of PPP(Purchasing Power Parity)
in the world?
a.1st
b.2nd
c.3rd
d.4th

c
___________DONE_____________