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Read some salient features of ‘Budget 2022’ and answer questions.
BUDGET: 2022-23
Finance Minister Nirmala Sitaraman presented the union Budget 2022.
There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.
Few highlights
  • Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore.
  • Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP.
  • Projected fiscal deficit of 6.4% of GDP in 2022-23.
  • Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore.
  • The government will tax income from digital asset transfers at 30%.
  • Strategic transfer of ownership of Air India completed now.
  • Rs. 4,800 crore allotted to PM Awas Yojana
  • Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.
Q. Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example of
  • a)
    Capital receipt.
  • b)
    Revenue receipt.
  • c)
    Private good.
  • d)
    Public good.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Read some salient features of ‘Budget 2022’ and answer que...
In economics, a public good refers to a commodity or service that is made available to all members of a society. Typically, these services are administered by governments.
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Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer?
Question Description
Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read some salient features of ‘Budget 2022’ and answer questions.BUDGET: 2022-23Finance Minister Nirmala Sitaraman presented the union Budget 2022.There were a host of measures for a number of sectors, aimed at boosting growth amid high and rising inflation and continuing COVID uncertainties.Few highlights Capex target expanded by 35.4%- from Rs. 5.54 lakh crore to Rs. 7.50 lakh crore. FY23 effective capex seen at Rs. 10.7 lakh crore. Top focus of the Budget this year are PM Gati Shakti. • In 2022-33, states will be allowed fiscal deficit of upto 4% of GDP. Projected fiscal deficit of 6.4% of GDP in 2022-23. Receipt from disinvestment proceeds in next financial year pegged at Rs. 6,500 crore, lower than the current years mobilization of Rs. 78,000 crore. The government will tax income from digital asset transfers at 30%. Strategic transfer of ownership of Air India completed now. Rs. 4,800 crore allotted to PM Awas Yojana Rs. 6,000 crore allotted to provide tap water connections to 3.8 crore households in 2022-23.Q.Rs. 60,000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by government is an example ofa)Capital receipt.b)Revenue receipt.c)Private good.d)Public good.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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