Monday, 3 February 2025

General Knowledge Quiz on Union Budget INDIA 2025

 

1. Who presented the Union Budget 2025?

  1. a) Piyush Goyal
  2. b) Nirmala Sitharaman
  3. c) Arun Jaitley
  4. d) Rajnath Singh

2. What is the total expenditure allocated in the Union Budget 2025?

  1. a) ₹45 lakh crore
  2. b) ₹50.65 lakh crore
  3. c) ₹55 lakh crore
  4. d) ₹60 lakh crore

3. What is the estimated fiscal deficit for the Union Budget 2025?

1        a) 3.5% of GDP

2        b) 4.0% of GDP

3        c) 4.4% of GDP

4        d) 5.0% of GDP

 

4. Which sector received significant funding for infrastructure development in the Union Budget 2025?

1.      a) Education

2.      b) Health

3.      c) Railways and highways

4   d) Defense


5. What key initiative aims to improve agricultural productivity in the Union Budget 2025?

  1. a) Pradhan Mantri Kisan Samman Nidhi
  2. b) National Mission on High Yielding Seeds
  3. c) Soil Health Card Scheme
  4. d) Digital India Initiative

6. What major tax reform was introduced in the Union Budget 2025 regarding income tax slabs?

  1. a) Increased tax rates for higher income groups
  2. b) Zero income tax for annual incomes up to ₹12 lakh under the new tax regime
  3. c) Introduction of a wealth tax
  4. d) Higher exemptions for senior citizens

7. Which board was established to promote Makhana cultivation in Bihar as part of the budget initiatives?

  1. a) Agricultural Development Board
  2. b) Makhana Board
  3. c) Bihar Crop Improvement Board
  4. d) Fisheries and Aquaculture Board

8. How much funding was allocated for the Urban Challenge Fund in the Union Budget 2025?

  1. a) ₹50,000 crore
  2. b) ₹75,000 crore
  3. c) ₹1 lakh crore
  4. d) ₹1.5 lakh crore

9. What is one of the four engines of development highlighted in the Union Budget 2025?

  1. a) Large Corporations
  2. b) Startups
  3. c) MSMEs (Micro, Small, and Medium Enterprises)
  4. d) Foreign Investments

10. What initiative was announced to support first-time women entrepreneurs in the Union Budget 2025?

  1. a) Interest-free loans up to ₹1 crore  
  2. b) Term loans of up to ₹2 crore  
  3. c) Grants for women-led startups  
  4. d) Tax rebates for women entrepreneurs  


Answers

  1. b) Nirmala Sitharaman
  2. b) ₹50.65 lakh crore
  3. c) 4.4% of GDP
  4. c) Railways and highways
  5. b) National Mission on High Yielding Seeds
  6. b) Zero income tax for annual incomes up to ₹12 lakh under the new tax regime
  7. b) Makhana Board
  8. c) ₹1 lakh crore
  9. c) MSMEs (Micro, Small, and Medium Enterprises)
  10. b) Term loans of up to ₹2 crore