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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. Identify the incorrect statement of the union budget of India 2022-23.
  • a)
    Government has made provision to provide clean drinking water to households.
  • b)
    Productivity Enhancement is one of the top focus of the budget 2022-23.
  • c)
    Government has increased disinvestment to finance the deficit in FY 2022-23.
  • d)
    Income from digital asset transfers will be taxableat 30%.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Read some salient features of ‘Budget 2022’ and answer que...
The incorrect statement of the Union Budget of India 2022-23 is:
C: Government has increased disinvestment to finance the deficit in FY 2022-23.
  • The budget for 2022-23 has actually reduced the disinvestment target. The receipt from disinvestment proceeds in the next financial year is pegged at Rs. 6,500 crore, which is lower than the current year's mobilization of Rs. 78,000 crore.
  • Other statements in the question are correct:
    • A: Government has made provision to provide clean drinking water to households - Rs. 6,000 crore has been allotted to provide tap water connections to 3.8 crore households in 2022-23.
    • B: Productivity Enhancement is one of the top focus of the budget 2022-23 - The top focus of the budget this year is PM Gati Shakti, which aims to enhance productivity and improve infrastructure.
    • D: Income from digital asset transfers will be taxable at 30% - The government has announced that it will tax income from digital asset transfers at a flat rate of 30%.
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Direction: Read the case study given below and answer the questions that follow:Equity refers to making equal access to opportunities available to everybody. The opportunities available to people must be equal irrespective of their gender, race, income and in the Indian case, caste. Yet this is very often not the case and happens in almost every society. For example, in any country, it is interesting to see which group the most of the school dropouts belong to. This should then lead to an understanding of the reasons for such behaviour. In India, a large number of women and persons belonging to socially and economically backward groups drop out of school. This shows that the choices of these groups get limited by not having access to knowledge.Sustainability means continuity in the availability of opportunities. To have sustainable human development, each generation must have the same opportunities. All environmental, financial and human resources must be used keeping in mind the future. Misuse of any of these resources will lead to fewer opportunities for future generations. A good example is about the importance of sending girls to school. If a community does not stress the importance of sending its girlchildren to school, many opportunities will be lost to these young women when they grow up. Their career choices will be severely curtailed and this would affect other aspects of their lives. So, each generation must ensure the availability of choices and opportunities to its future generations.Productivity here means human labour productivity or productivity in terms of human work. Such productivity must be constantly enriched by building capabilities in people.Ultimately, it is people who are the real wealth of nations. Therefore, efforts to increase their knowledge, or provide better health facilities ultimately leads to better work efficiency.What does productivity refer to within the concept of Human Development?

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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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. Can you explain this answer?
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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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. 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.Identify the incorrect statement of the union budget of India 2022-23.a)Government has made provision to provide clean drinking water to households.b)Productivity Enhancement is one of the top focus of the budget 2022-23.c)Government has increased disinvestment to finance the deficit in FY 2022-23.d)Income from digital asset transfers will be taxableat 30%.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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