50 MCQ

UNION BUDGET
2020

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Which of the following are themes of the Union Budget
2020-21?

A. Aspiration
B. Development
C. Compassion
D. All of these

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Which of the following are themes of the Union Budget
2020-21?

A. Aspiration
B. Development
C. Compassion
D. All of these

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The nominal GDP growth for the year 2020-21
estimated at _____%.

A. 10
B. 15
C. 20
D. 25

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The nominal GDP growth for the year 2020-21
estimated at _____%.

A. 10
B. 15
C. 20
D. 25

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What is the estimated Fiscal Deficit for the current year
from the earlier 3.3% of the gdp?

A. 3.5
B. 3.8
C. 3.3
D. 3.1

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What is the estimated Fiscal Deficit for the current year
from the earlier 3.3% of the gdp?

A. 3.5
B. 3.8
C. 3.3
D. 3.1

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What is the concessional Corporate Tax applied by the
Indian Government on All Companies?

A. 10
B. 15
C. 20
D. 25

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The Finance minister has announced a ____ action plan
for farmers, towards the goal of doubling farmers'
income by 2022.

A. 16
B. 15
C. 20
D. 25

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The Finance minister has announced a ____ action plan
for farmers, towards the goal of doubling farmers'
income by 2022.

A. 16
B. 15
C. 20
D. 25

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Pradhan Mantri Kisan Urja Suraksha evem Utthan
Mahabhiyan shall be expanded to cover how many
lakhs of farmers in the country?

A. 15
B. 20
C. 25
D. 22

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Pradhan Mantri Kisan Urja Suraksha evem Utthan
Mahabhiyan shall be expanded to cover how many
lakhs of farmers in the country?

A. 15
B. 20
C. 25
D. 22

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Village storage schemes shall be run by which of the
following in villages across the country?

A. RRB
B. SHG
C. Urban Cooperative Bank
D. NBFC

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Village storage schemes shall be run by which of the
following in villages across the country?

A. RRB
B. SHG
C. Urban Cooperative Bank
D. NBFC

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The Milk Processing Capacity shall be doubled by
which year?

A. 2021
B. 2025
C. 2023
D. 2922

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The Milk Processing Capacity shall be doubled by
which year?

A. 2021
B. 2025
C. 2023
D. 2922

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How much funds has been allocated for skill
development? (Crores)

A. 1000
B. 2000
C. 3000
D. 4000

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Which of the following exams shall be carried out by
India to be given by foreigners to work in India?

A. CET
B. IndSAT
C. MAT
D. TET

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Which of the following exams shall be carried out by
India to be given by foreigners to work in India?

A. CET
B. IndSAT
C. MAT
D. TET

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The deposit insurance coverage has been increase to 5
lakh rupees. What was the earlier limit?

A. 4 Lkah
B. 2 lakh
C. 5 lakh
D. 1 lakh

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The deposit insurance coverage has been increase to 5
lakh rupees. What was the earlier limit?

A. 4 Lkah
B. 2 lakh
C. 5 lakh
D. 1 lakh

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All states and Union Territories shall replace energy
Motors by pre-paid smart motors in how many years?

A. 1
B. 2
C. 3
D. 4

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All states and Union Territories shall replace energy
Motors by pre-paid smart motors in how many years?

A. 1
B. 2
C. 3
D. 4

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How many new Airports shall be added to UDAN
Scheme?

A. 50
B. 100
C. 75
D. 80

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How many new Airports shall be added to UDAN
Scheme?

A. 50
B. 100
C. 75
D. 80

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The Delhi-Mumbai Expressway shall be completed by
which year?

A. 2022
B. 2023
C. 2024
D. 2025

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The Delhi-Mumbai Expressway shall be completed by
which year?

A. 2022
B. 2023
C. 2024
D. 2025

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The National Gas Grid shall be expanded from 16,200
km to how many km?

A. 25000
B. 27000
C. 24000
D. 28000

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The National Gas Grid shall be expanded from 16,200
km to how many km?

A. 25000
B. 27000
C. 24000
D. 28000

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The Govt shall its stake in which of the following
banks?

A. IDBI
B. SBI
C. PNB
D. Canara Bank

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The Govt shall its stake in which of the following
banks?

A. IDBI
B. SBI
C. PNB
D. Canara Bank

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How much amount has been sanctioned for Ayushman
Bharat Yojna in the Union Budget?

A. 6400
B. 6500
C. 7000
D. 7500

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How much amount has been sanctioned for Ayushman
Bharat Yojna in the Union Budget?

A. 6400
B. 6500
C. 7000
D. 7500

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How many archaeological sites shall be converted into
Iconic Sites?

A. 2
B. 3
C. 4
D. 5

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How many archaeological sites shall be converted into
Iconic Sites?

A. 2
B. 3
C. 4
D. 5

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The G20 Presidency shall be headed by India in which
year?

A. 2020
B. 2021
C. 2022
D. 2023

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The G20 Presidency shall be headed by India in which
year?

A. 2020
B. 2021
C. 2022
D. 2023

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How much tax exemption has been allowed on
Sovereign Health Fund Indra’s Investment?

A. 50
B. 75
C. 80
D. 100

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How much tax exemption has been allowed on
Sovereign Health Fund Indra’s Investment?

A. 50
B. 75
C. 80
D. 100

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DDT has been abolished by the Govt as per the Budget
2020-21. What does the 1st D stand for -

A. Division
B. Distribution
C. Divisive
D. Dividend

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DDT has been abolished by the Govt as per the Budget
2020-21. What does the 1st D stand for -

A. Division
B. Distribution
C. Divisive
D. Dividend

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Which of the following scheme focuses converting
barren lands into Solar Plants?

A. PMKUSUM
B. PMKVVY
C. PMFBY
D. PMJJY

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Which of the following scheme focuses converting
barren lands into Solar Plants?

A. PMKUSUM
B. PMKVVY
C. PMFBY
D. PMJJY

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To focus on efficient transport of cold storage, Indian
Railways shall launch which of the following through
PPP Model?

A. Krishi UDAN
B. Krishi Train
C. Kisan Rail
D. Krishak Rail

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To focus on efficient transport of cold storage, Indian
Railways shall launch which of the following through
PPP Model?

A. Krishi UDAN
B. Krishi Train
C. Kisan Rail
D. Krishak Rail

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AYUSHMAN Bharat shall cover how many aspirational
districts?

A. 110
B. 111
C. 112
D. 114

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AYUSHMAN Bharat shall cover how many aspirational
districts?

A. 110
B. 111
C. 112
D. 114

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Which of the following Archaeological sites shall be
converted to an Iconic Site?

A. Shivsagar
B. Hastinapur
C. Dholavira
D. All of these.

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Which of the following Archaeological sites shall be
converted to an Iconic Site?

A. Shivsagar
B. Hastinapur
C. Dholavira
D. All of these.

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The centre had announced “TB हारेगा, देश जीतेगा”
Campaign. India has committed to eliminate TB by
which year?

A. 2024
B. 2023
C. 2025
D. 2022

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The centre had announced “TB हारेगा, देश जीतेगा”
Campaign. India has committed to eliminate TB by
which year?

A. 2024
B. 2023
C. 2025
D. 2022

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How much funds has been allocated to the newly
formed Union Territory of Ladakh? (Cr.)

A. 6255
B. 5600
C. 5958
D. 5413

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How much funds has been allocated to the newly
formed Union Territory of Ladakh? (Cr.)

A. 6255
B. 5600
C. 5958
D. 5413

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Which of the following body shall setup for the
recruitment to non-gazetted posts through computer-
based online process?

A. HEA
B. NRA
C. IBPS
D. None of the Above

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Which of the following body shall setup for the
recruitment to non-gazetted posts through computer-
based online process?

A. HEA
B. NRA
C. IBPS
D. None of the Above

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What shall be the corporate Tax for new domestic
companies in manufacturing and power sector?

A. 15
B. 22
C. 25
D. 20

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What shall be the corporate Tax for new domestic
companies in manufacturing and power sector?

A. 15
B. 22
C. 25
D. 20

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As per the new Tax regime, what shall be the Income
Tax in the range of 5-7.5 lakh?

A. 5
B. 10
C. 15
D. 20
E. 25

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As per the new Tax regime, what shall be the Income
Tax in the range of 5-7.5 lakh?

A. 5
B. 10
C. 15
D. 20
E. 25

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As per the new Tax regime, what shall be the Income
Tax in the range of 10-12.5 lakh?

A. 5
B. 10
C. 15
D. 20
E. 25

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As per the new Tax regime, what shall be the Income
Tax in the range of 10-12.5 lakh?

A. 5
B. 10
C. 15
D. 20
E. 25

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As per the new Tax regime, what shall be the Income
Tax in the range of 12.5-15 lakh?

A. 5
B. 10
C. 15
D. 20
E. 25

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As per the new Tax regime, what shall be the Income
Tax in the range of 12.5-15 lakh?

A. 5
B. 10
C. 15
D. 20
E. 25

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NIRVIK Scheme has been launched to provide export
credit support to the exporters. Which is the
implementing agency?

A. EXIM
B. ECGC
C. PFRDA
D. RBI

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NIRVIK Scheme has been launched to provide export
credit support to the exporters. Which is the
implementing agency?

A. EXIM
B. ECGC
C. PFRDA
D. RBI

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Which of the following schemes shall no longer be
under the PFRDA?

A. RGESS
B. Bharat ETF
C. NPS
D. NIIF

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Which of the following schemes shall no longer be
under the PFRDA?

A. RGESS
B. Bharat ETF
C. NPS
D. NIIF

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An International level Bullion exchange shall be setup
in GIFT City. The GIFT City is located in -

A. Gujarat
B. Maharashtra
C. Karnataka
D. Tamil Nadu

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An International level Bullion exchange shall be setup
in GIFT City. The GIFT City is located in -

A. Gujarat
B. Maharashtra
C. Karnataka
D. Tamil Nadu

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What is the fiscal deficit target for the year 2020-21?

A. 3.5
B. 3.3
C. 3.8
D. 3.9

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What is the fiscal deficit target for the year 2020-21?

A. 3.5
B. 3.3
C. 3.8
D. 3.9

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The Govt has proposed to extend the additional
deduction of up to ₹1.5 lakh for interest paid on loans
taken for purchase of affordable houses to which date?

A. April 1 2020
B. March 31 2020
C. Feb 15 2020
D. July 2020

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The Govt has proposed to extend the additional
deduction of up to ₹1.5 lakh for interest paid on loans
taken for purchase of affordable houses to which date?

A. April 1 2020
B. March 31 2020
C. Feb 15 2020
D. July 2020

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DICGC is wholly owned subsidiary of which of the
following?

A. NABARD
B. RBI
C. SEBI
D. IRDAI

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DICGC is wholly owned subsidiary of which of the
following?

A. NABARD
B. RBI
C. SEBI
D. IRDAI

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The e-commerce platforms shall deduct how much %
TDS On Online Transactions?

A. 1
B. 2
C. 3
D. 5

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The e-commerce platforms shall deduct how much %
TDS On Online Transactions?

A. 1
B. 2
C. 3
D. 5

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FPI’s can invest upto how much % in the corporate
bond market now?

A. 9
B. 11
C. 15
D. 20

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FPI’s can invest upto how much % in the corporate
bond market now?

A. 9
B. 11
C. 15
D. 20

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The Govt has a 148 km long suburban transport project
in which of the following cities?

A. Hyderabad
B. Bengaluru
C. Lucknow
D. Chennai

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The Govt has a 148 km long suburban transport project
in which of the following cities?

A. Hyderabad
B. Bengaluru
C. Lucknow
D. Chennai

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How much funds have been allocated to the power and
renewable energy sector in 2020-21? (Cr.)

A. 15000
B. 22000
C. 25000
D. 30000

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How much funds have been allocated to the power and
renewable energy sector in 2020-21? (Cr.)

A. 15000
B. 22000
C. 25000
D. 30000

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A Maritime Museum shall be constructed in which of
the following places?

A. Lothal
B. Ratnagiri
C. Rakhigarhi
D. Hastinapur

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A Maritime Museum shall be constructed in which of
the following places?

A. Lothal
B. Ratnagiri
C. Rakhigarhi
D. Hastinapur

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In which of the following city a museum on
Numismatics and Trade shall be setup?

A. Mumbai
B. Kolkata
C. Chennai
D. New Delhi

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In which of the following city a museum on
Numismatics and Trade shall be setup?

A. Mumbai
B. Kolkata
C. Chennai
D. New Delhi

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The members of which commission now have to pay
income tax on this from the assessment year 2021-22?

A. CVC
B. CEC
C. CAG
D. CGA

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The members of which commission now have to pay
income tax on this from the assessment year 2021-22?

A. CVC
B. CEC
C. CAG
D. CGA

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 DOSE OF THE DAY

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