BUDGET MCQ PART - 2. Q.1 National Housing Bank will refinance individual housing loans of about in

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1 BUDGET MCQ PART - 2 Q.1 National Housing Bank will refinance individual housing loans of about in ,000 Crore 2. 10,000 Crore 3. 30,000 Crore 4. 40,000 Crore 5. 50,000 Crore Ans:National Housing Bank will refinance individual housing loans of about 20,000 crore in Q.2 A Rashtriya Rail Sanraksha Kosh will be created with a corpus of over a period of 5 years lakh crores 2. 2 lakh crores 3. 3 lakh crores 4. 4 lakh crores 5. 5 lakh crores Ans : For passenger safety, a Rashtriya Rail Sanraksha Kosh will be created with a corpus of 1 lakh crores over a period of 5 years. Q.3 As Per Union Budget ,Unmanned level crossings on Broad Gauge lines will be eliminated by Ans: Unmanned level crossings on Broad Gauge lines will be eliminated by Q.4 As per the Union Budget , How many stations will be made differently abled friendly by providing lifts and escalators?

2 Ans: 500 Q.5 According to Union Budget , the Indian Railways coaches would be completely fitted with bio-toilets by which year? Ans : 2019 Q.6. As per the Union Budget 2017, What is the maximum cash donation that a political party can receive from a single source? 1. 2, , , , ,000 Ans : 2,000 Q.7 What is the Name of a single window interface to register all coach related complaints and requirements? 1. Coach Friend 2. Coach Mitra 3. Coach Solution 4. Coach Friendly 5. Railway Coach Ans : Coach Mitra

3 Q.8 Budget allocation for highways Increased to in ,800 crores 2. 64,700 crores 3. 64,900 crores 4. 64,600 crores 5. 64,300 crores Ans : 64,900 crores Q.9 The tax rate for individuals with income between 2.5 Lakh and Rs.5 lakh has been reduced from 10 % to % % 2. 6 % 3. 4 % 4. 8 % 5. 2 % Ans : 5 % Q.10 Corporate tax for SMEs with turnover up to Rs. 50 Cr cut to.

4 1. 25% 2. 26% 3. 27% 4. 28% % Ans : Corporate tax for SMEs with turnover up to Rs. 50 cr cut to 25% Q.11 What percent of surcharge on income tax would be levied on individuals with income between Rs. 50 lakhs and Rs. 1 crore Percent Percent Percent Percent Percent Ans: 10 Percent Q.12According to the Union Budget , a surcharge of percent on income tax would be applicable on total income above Rs. 1 crore Percent Percent Percent Percent Percent Ans: 15 Percent Q.13 As Per Union Budget , For Transportation sector as a whole, including rail, roads, shipping,provision of has been made in ,41,387 crores 2. 2,41,487 crores 3. 2,41,687 crores 4. 2,41,887 crores

5 5. 2,41,987 crores Ans: 2,41,387 crores Q.14 Basic customs duty on LNG reduced from 5% to % % % % % Ans : 2.5% Q.15 For , the total capital and development expenditure of Railways has been pegged at. 1. 1,31,000 crores 2. 1,32,000 crores 3. 1,34,000 crores 4. 1,35,000 crores 5. 1,36,000 crores Ans : For , the total capital and development expenditure of Railways has been pegged at 1,31,000 crores. This includes ` 55,000 crores provided by the Government. Q.16 Which facility was announced for senior citizens in Budget ? 1. Aadhaar-enabled International cards 2. Aadhaar-enabled Travel cards 3. Aadhaar-enabled Credit cards 4. Aadhaar-enabled Debit cards 5. Aadhaar-enabled smart cards Ans: Aadhaar-enabled smart cards Q.17 The government has proposed to launch a new and restructured Central scheme for export named in Trade Infrastructure for Export Scheme (TIES) 2. Trade Infra for Export Scheme (TIES)

6 3. Trade Infrastructure for Import Scheme (TIIS) 4. Trade Infra for Import Scheme (TIIS) 5. None of These Ans : Trade Infrastructure for Export Scheme (TIES) Q.18 A Mission will be set up with a target of digital transactions for through UPI, USSD, Aadhar Pay, IMPS and debit cards. 1. 3,500 crore 2. 4,500 crore 3. 5,500 crore 4. 2,500 crore 5. 1,500 crore Ans : 2,500 crore Q.19 What is the full form of PRB? 1. Payments Regulatory Bank 2. Payments Regulatory Board 3. Payments Restructure Board 4. Payments Restructure Bank 5. Payments Refinance Board Ans : Proposed to create a Payments Regulatory Board in the Reserve Bank of India by replacing the existing Board for Regulation and Supervision of Payment and Settlement Systems. Q.20 How much amount has been allocated to the Ministry of Defence in the Union Budget ? lakh crore lakh crore lakh crore lakh crore lakh crore Ans : 2.74 lakh crore Q.21 As Per Union Budget It is proposed to feed about with solar power in the medium term.

7 1. 8,000 stations 2. 9,000 stations 3. 6,000 stations 4. 4,000 stations 5. 7,000 stations Ans : 7,000 stations Q.22 According to the Union Budget , government has proposed to set up 2 strategic crude oil reserves in which of the following locations? 1. Cuttack in Odisha and Bikaner in Rajasthan 2. Lucknow in UP and Bikaner in Rajasthan 3. Bikaner in Rajasthan and Chandikhole in Odisha 4. Cuttack in Odisha and Lucknow in UP 5. Chandikhole in Odisha and Bikaner in Rajasthan Ans :Chandikhole in Odisha and Bikaner in Rajasthan Q.23 For creating an eco-system to make India a global hub for electronics manufacturing a provision of in in incentive schemes like M-SIPS and EDF crores crores crores crores crores Ans :745 crores (Modified Special Incentive Package Scheme) (Electronics Development Fund) Q.24 In line with the Indradhanush roadmap, for Recapitalization of Banks provided in ,000 crores 2. 10,000 crores 3. 70,000 crores

8 4. 20,000 crores 5. 25,000 crores Ans : 10,000 crores Q.25 What was the total percentage increase in the Capital expenditure in Budget as compared to the previous year? Percent Percent Percent Percent Percent Ans : 25.4 Percent