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SSC CGL Exam  >  SSC CGL Tests  >  SSC CGL Tier 2 - Study Material, Online Tests, Previous Year  >  Test: Budget - SSC CGL MCQ

Test: Budget - SSC CGL MCQ


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10 Questions MCQ Test SSC CGL Tier 2 - Study Material, Online Tests, Previous Year - Test: Budget

Test: Budget for SSC CGL 2024 is part of SSC CGL Tier 2 - Study Material, Online Tests, Previous Year preparation. The Test: Budget questions and answers have been prepared according to the SSC CGL exam syllabus.The Test: Budget MCQs are made for SSC CGL 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Budget below.
Solutions of Test: Budget questions in English are available as part of our SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL & Test: Budget solutions in Hindi for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year course. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free. Attempt Test: Budget | 10 questions in 10 minutes | Mock test for SSC CGL preparation | Free important questions MCQ to study SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL Exam | Download free PDF with solutions
Test: Budget - Question 1
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Who presented the Union Budget for the fiscal year 2023-24, and on what date was it presented?

Detailed Solution for Test: Budget - Question 1
The Union Budget for the fiscal year 2023-24 was presented by Finance Minister Nirmala Sitharaman on February 1, 2023.
Test: Budget - Question 2
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What is the objective of the Union Budget 2023-24 in the context of the "Amrut Kal" period?

Detailed Solution for Test: Budget - Question 2
The Union Budget 2023-24 aims to ensure that the benefits of development reach all parts of society, according to the finance minister.
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Test: Budget - Question 3
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What is the estimated GDP growth rate for the fiscal year 2023 according to the Union Budget?

Detailed Solution for Test: Budget - Question 3
The finance minister predicts a GDP growth rate of 7% in the fiscal year 2023, making it the highest among major economies despite global challenges.
Test: Budget - Question 4
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What are the seven key priorities listed in the Union Budget 2023-24 as the "Saptarishi" guiding the government through the "Amrit Kaal"?
Detailed Solution for Test: Budget - Question 4
The seven key priorities listed in the Union Budget 2023-24 are Inclusive Development, Reaching the Last Mile, Infrastructure and Investment, Unleashing the Potential, Green Growth, Youth Power, and Financial Sector.
Test: Budget - Question 5
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What is the estimated Fiscal Deficit for the fiscal year 2023-24, according to the Union Budget?
Detailed Solution for Test: Budget - Question 5
The Budget Estimates (BE) of the Fiscal Deficit for FY 2023-24 is estimated at 5.9% of GDP.
Test: Budget - Question 6
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What is the name of the program launched to support the conservation of wetlands, as mentioned in the Union Budget?
Detailed Solution for Test: Budget - Question 6
The government plans to launch a program called "Amrit Dharohar" to support the conservation of wetlands over the next three years.
Test: Budget - Question 7
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How much has the capital expenditure outlay increased for FY 2023-24 compared to FY 2022-23?
Detailed Solution for Test: Budget - Question 7
The capital expenditure outlay has increased significantly by about 33% to ?10 lakh crores in FY 2023-24 as compared to ?7.3 lakh crores in FY 2022-23.
Test: Budget - Question 8
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What is the vision for the National Green Hydrogen Mission, as mentioned in the Union Budget?
Detailed Solution for Test: Budget - Question 8
The National Green Hydrogen Mission aims to achieve 5 million metric tons of production each year by 2030.
Test: Budget - Question 9
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What significant change has been introduced to the personal income tax structure in the Union Budget 2023-24?
Detailed Solution for Test: Budget - Question 9
Major changes were introduced to the personal income tax structure, including an increase in the tax rebate limit and the new income tax regime becoming the default tax regime in India.
Test: Budget - Question 10
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Under the "Inclusive Development" priority of the Union Budget 2023-24, what measures are proposed to enhance the productivity of the cotton crop, and how will they be implemented?
Detailed Solution for Test: Budget - Question 10

To improve the productivity of extra-long staple cotton, a cluster-based approach involving public-private partnerships will be adopted. This approach aims to collaborate among farmers, the government, and industries for input supplies, extension services, and market connections.

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Important Questions for Budget

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Budget MCQs with Answers

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