Expected Questions on Union Budget 2017 Expected Questions on Union Budget 2017
Expected Questions on Union Budget 2017     (Q.1) What is the Agenda for Union Budget 2017-18? ‘Transform, Energise and Clean India’ – TEC... Expected Questions on Union Budget 2017

Expected Questions on Union Budget 2017

 

 

(Q.1) What is the Agenda for Union Budget 2017-18?

  1. ‘Transform, Energise and Clean India’ – TEC India
  2. ‘Empower, Educate and Clean India’ – EEC India
  3. ‘Strengthen, Energise and Clean India’ – SEC India
  4. ‘Innovate, Energise and Clean India’ – IEC India

 

(Q.2) Consider the following statements:

  1. Signs of retreat from globalisation of goods, services and people, as pressures from protectionism are building up
  2. The US Federal Reserve’s intention to increase policy rates in 2017, may lead to lower capital inflows and higher outflows from the emerging economies
  3. Increasing competition from China in global trade may affect the export competitiveness of Indian companies

Union Budget 2017-18 has highlighted which among the above factor/s as challenges in year 2017-18?

  1. 1 only
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3

 

(Q.3) Economic Survey 2016-17 has been prepared by:

  1. Arun Jaitley, Finance Minister
  2. Urjit Patel, RBI Governor
  3. Arvind Subramanian, Chief Economic Adviser to the Government of India
  4. Arvind Panagariya, Vice-Chairman of the Niti Aayog of India

 

 

(Q.4) Economic Survey 2016-17, expects the GDP growth to be in the range of __________ per cent in 2017-18

  1. 5.25 to 5.75%
  2. 5.75 to 6.50%
  3. 6.25 to 6.75%
  4. 6.75 to 7.50%

 

(Q.5) Union Budget 2017-18 focused on 10 distinct themes. Which among the following was NOT one of those themes?

  1. Cleanliness
  2. Digital Economy
  3. Youth
  4. Infrastructure

 

(Q.6) Union Budget 2017-18 has proposed to set up strategic crude oil reserves at 2 more locations namely:

  1. Cuttack in Odisha and Kota in Rajasthan
  2. Chandikhole in Odisha and Bikaner in Rajasthan
  3. Cuttack in Odisha and Bikaner in Rajasthan
  4. Chandikhole in Odisha and Kota in Rajasthan

 

(Q.7) Consider the following statements:

  1. For passenger safety, Rashtriya Rail Sanraksha Kosh will be created with a corpus of Rs. 1 lakh crores over a period of 5 years
  2. Railway lines of 3500 kms will be commissioned in 2017-18
  3. ‘Coach Mitra’, a single window interface to register all coach related complaints and requirements to be launched

Which among the above provisions have been announced for Indian Railways in Union Budget 2017-18?

  1. 1 & 2
  2. 2 & 3
  3. 1,2 & 3
  4. 1 & 3

 

 

(Q.8) As announced in Union Budget 2017-18, existing rate of taxation for individual assesses between income of Rs. 2.5 lakhs to Rs. 5 lakhs has been reduced to _____ % from present rate of 10%

  1. 8%
  2. 7%
  3. 6%
  4. 5%

 

(Q.9) In context of Economic Survey 2016-17, what does abbreviation ‘UBI’ stand for?

  1. Universal Basic Income
  2. Unified Benchmarking Instrument
  3. Universal Benchmarking Income
  4. Unified Basic Instrument

 

(Q.10) Union Budget 2017-18 contains which among the following reforms?

  1. Presentation of Budget advanced to 1st February
  2. Merger of Railways Budget with Finance Budget
  3. Removal of Plan and Non-Plan Classification of expenditure
  4. All of the above

 

Also Read:

>>> Highlights of Union Budget 2017 PDF Download

>>> Highlights of Economic Survey 2017 PDF Download

>>> 1000+ Current Affairs Questions

>>> Current Affairs Monthly Capsule – PDF Download

 

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Team EntranceGeek