GK Questions Related to Budget-2016

#everydayquiz #budget 2016-17
1    There are nine pillars for the Union Budget 2016-17. Which of the following is not included in the nine pillars?
a) Agriculture and farmers' welfare
b) Fiscal discipline
c) Tax reforms to reduce compliance burden
d) Special focus on working women

2    How many hectares of land will be brought under irrigation under the Pradhan Mantri Krishi Sichai Yojana?
a) 28.5 lakh hectares
b) 32.5 lakh hectares
c) 22.6 lakh hectares
d) 11.2 lakh hectares

3    As per the Union Budget 2016-17, what is the amount allocated for the Swachch Bharat Abhiyan?
a) 10,000 crore rupees
b) 9,000 crore rupees
c) 11,000 crore rupees
d) 6,000 crore rupees

4    In the Budget 2016-2017, highest ever amount allocated for the rural employment scheme MNREGA. What is that amount?
a) 40,000 crore rupees
b) 50,500 crore rupees
c) 38,500 crore rupees
d) 39,500 crore rupees

5    As per Union Budget 2016-2017, Electrifying 100 per cent villages will be done by
a) 1 May 2018
b) 1 June 2018
c) 1 May 2017
d) 1 May 2019

6    As per Union Budget 2016-17, excise duty on tobacco products except bidis has been raised by
a) 12-13%
b) 10-15%
c) 15-17%
d) 10-12%

7    As per the Union Budget 2016-17, how much amount was allocated towards Agriculture and Farmers’ welfare?
a) 34,980 crore rupees
b) 40,500 crore rupees
c) 35,984 crore rupees
d) 36,000 crore rupees

8    As per Union Budget 2016-17, Long Term Irrigation Fund in NABARD to be created. What will be the initial corpus of the fund?
a) About 15,000 crore rupees
b) About 10,000 crore rupees
c) About 16,000 crore rupees
d) About 20,000 crore rupees

9    How many Rurban Clusters will be developed under the Shyama Prasad Mukherjee Rurban Mission?
a) 300
b) 200
c) 400
d) 500

10    Name the proposed structure scheme announced in the Union Budget 2016-17 to helpPanchayat Raj Institutions deliver Sustainable Development Goals.
a) Rashtriya Gram Abhiyan
b) Rashtriya Gram Swaraj Abhiyan
c) National Village Self-governance Scheme
d) Rashtriya Gram Swasashan Abhiyan

11    How many Medical stores will be opened under Prime Minister’s Jan Aushadhi Yojanaduring 2016-17?
a) 1000
b) 2000
c) 3000
d) 4000

12    The programme will be started under National Health Mission through public-private partnership mode to provide dialysis services to renal patients in all district hospitals across the country.
a) National Services Programme for Renal Patients
b) National Dialysis Programme
c) National Dialysis Services Project
d) National Dialysis Services Programme

13    As per the Union Budget 2016-17, how much amount has been allocated to celebrate the Birth Centenary of Pandit Deen Dayal Upadhyay and the 350th Birth Anniversary of Guru Gobind Singh?
a) 100 crore rupees
b) 50 crore rupees
c) 25 crore rupees
d) 20 crore rupees

14    What will be the EPF contribution of the Government of India for all new employees for the first three years of their employment?
a) 8%
b) 8.33%
c) 7.33%
d) 6.5%

15    As per the Union Budget 2016-17, how much per cent of FDI will be allowed throughFIPB route in marketing of food products produced and manufactured in India?
a) 88%
b) 99%
c) 100%
d) 49%

16    How much amount has been allocated towards recapitalisation of Public Sector Banks?
a) 50,000 crore rupees
b) 20,000 crore rupees
c) 35,000 crore rupees
d) 25,000 crore rupees

17    As per the Union Budget 2016-17, target of amount sanctioned under Pradhan Mantri Mudra Yojana has been increased to
a) 1,80,000 crore rupees
b) 1,90,000 crore rupees
c) 1,70,000 crore rupees
d) 2,00,000 crore rupees

18    Name the proposed programme that aims at connecting people through exchanges in areas of language, trade, culture, travel and tourism.
a) Unity in Diversity
b) Ek Bharat Shreshtha Bharat
c) Unity in Diversity: One India
d) Shreshtha Bharat Ek Bharat

19    To lessen tax burden on individuals with income up to 5 lakh rupees, the ceiling of tax rebate under section 87A has been raised from 2000 rupees to
a) 3000 rupees
b) 7000 rupees
c) 5000 rupees
d) 6000 rupees

20    Union Government announced Krishi Kalyan Cess of 0.5% on all taxable services to fund farm initiatives. The cess will be effective from
a) 1 April 2016
b) 1 May 2016
c) 1 June 2016
d) 1 July 2016
Answer: C


1. How many amount is kept aside for PMGSY?
Answer. Rs. 27,000 crore
2. In the budget, it is mentioned that an enabling regulatory architecture will be provided to how many public and private institutions to emerge as world class teaching and research institutions?
Answer. 10
3. What is the MUDRA – Loan target in 2016-17?
Answer. Rs. 1,80,000 crore
4. A new Digital Literacy Mission scheme will be launched for rural India to cover around how many households in next three years?
Answer. 6 crore households
5. In the budget speech, it was announced that Soil Health Cards will be given to 14 crore farm holdings by which year?
Answer. March, 2017
6. How much hectares of land will be brought under irrigation under Pradhan Mantri Krishi Sinchai Yojana?
Answer. 28.5 lakh hectares
7. In the General Budget 2016-17, the Union Finance Minister Shri Arun Jaitley said that the growth of GDP has accelerated to how much percent in the current Financial Year?
Answer. 7.6%
8. How much amount is allocatd for Agriculture and farmers’ welfare in the Budget 2016-17?
Answer. Rs. 35,984 crores
9. Excise duty raised from 10 to how much percent on tobacco products other than beedis?
Answer. 15 per cent
10. In the budget 2016-17, the limit of deduction of Rent Increased from Rs.24,000 to ?
Answer. Rs.60,000
11. The Union Finance Minister, Shri Jaitley announced to create a dedicated Long Term Irrigation Fund in NABARD with an initial corpus of ?
Answer. Rs. 20,000 crore

1. As per the Union Budget 2016-2017, how many hectares of land will be brought under irrigation under the Pradhan Mantri Krishi Sichai Yojana?
Ans- 28.5 lakh hectares
2. What is the amount allocated for the Swachch Bharat Abhiyan?
Ans-9,000 crore rupees
3. The Union Budget 2016-2017 saw the highest ever amount allocated for the rural employment scheme MNREGA. What is that amount?
Ans- 38,500 crore rupees
4. Union Government announced Krishi Kalyan Cess of 0.5% on all taxable services to fund farm initiatives. The cess will be effective from…..?
Ans- 1 June 2016
5. Name the proposed programme that aims at connecting people through exchanges in areas of language, trade, culture, travel and tourism?
Ans-Ek Bharat Shreshtha Bharat
6. As per the Union Budget 2016-17, target of amount sanctioned under Pradhan Mantri Mudra Yojana has been increased to …?
Ans-1,80,000 crore rupees
7. How much amount has been allocated towards recapitalisation of Public Sector Banks?
Ans- 25,000 crore rupees
8. How much per cent of FDI will be allowed through FIPB route in marketing of food products produced and manufactured in India?
Ans- 100%
9.How much amount has been allocated to celebrate the Birth Centenary of Pandit Deen Dayal Upadhyay and the 350th Birth Anniversary of Guru Gobind Singh?
Ans-100 crore rupees
10. Name the proposed programme that will be started under National Health Mission through public-private partnership mode to provide dialysis services to renal patients in all district hospitals across the country?
Ans-National Dialysis Services Programme
11. How many Rurban Clusters will be developed under the Shyama Prasad Mukherjee Rurban Mission?
Ans- 300
10. Name the proposed structure scheme announced in the Union Budget 2016-17 to help Panchayat Raj Institutions deliver Sustainable Development Goals.
Ans- Rashtriya Gram Swaraj Abhiyan
11.How many stores will be opened under Prime Minister’s Jan Aushadhi Yojana during 2016-17?
Ans- 3000





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