Test: Budget And Economic Survey - 2 - UPSC MCQ

The Union Finance Minister presented Union Budget 2017 in the Lok Sabha. In this regard, consider the following statements.

I. The allocation for the BharatNet Project has been raised up to Rs.10000 crores in 2017-18. 
II. A DigiGaon initiative will be launched to provide tele-medicine, education and skills through digital technology.

Q. Which is/are correct?

The Union Finance Minister presented Union Budget 2017 in the Lok Sabha. In this regard, consider the following statements.

I. Under the Pradhan Mantri Gram Sadak Yojana (PMGSY), roads have accelerated to reach 133 km roads per day in 2016-17.
II. A sum of Rs 19000 crore has been provided in 2017-18 for the Pradhan Mantri Gram Sadak Yojana.

Q. Which is/are correct?

As per the Union Budget 2017, how many houses would be completed by 2019 for the houseless and those living in kutcha houses?

The Union Government targets to achieve 100 per cent village electrification by 

As per the Union Budget 2017, mason training will be provided to 5 lakh persons for imparting new skills to the people in the rural areas. This will be done by which year?

As per the Union Budget 2017, which of the following national agencies will be phased-out in the next fiscal?

As per the Finance Minister Arun Jaitley’s Union Budget 2017 speech, how much per cent of the total FDI inflows are now through the automatic route? 

As per the Union Budget 2017, threshold limit for audit of business entities that opt for presumptive income scheme has been raised to how much amount?

As per the Union Budget 2017, fiscal deficit for 2017-18 pegged at how much percent of GDP?

Which initiative will be launched by Union Government to provide education and skills through digital means, as per the Union Budget 2017?

Which platform will be launched with atleast 350 online courses for enabling students to virtually attend courses?

The Union Budget 2017 states to open National Testing Agency to conduct entrance tests for which kind of institutions?

The Union Budget 2017 calls for launching the Skill Acquisition and Knowledge Awareness for Livelihood Promotion programme (SANKALP) with initial corpus of how much amount?

Which campaign will be launched by the Union Government to promote tourism and employment, as per the Union Budget 2017?

As per the Union Budget 2017, if the Income earned is above Rs 1 crore, then it will fetch what per cent of surcharge?

What is the time period of revising the Income Tax Returns as per the Union Budget 2017?

As  per the Union Budget 2017, how much tax rate will be imposed on the small and medium-sized companies that have an annual turnover of up to Rs 50 crore?

In order to give a boost to banking sector, the Union Budget 2017 proposes how much provision for Non-Performing Asset?

It said the benefits were given to the well-off on small savings schemes and tax or subsidy policies on six commodities. Which one is not under those:

Economic Survey 2015-16 projects that the real GDP growth for the current financial year and for 2016-17 will be in the range of ………..

The Economic Survey enumerated three downside risks. Which one is not among them

To infuse capital in state-run banks what Government is planning to do?