♠ Union Budget 2014-15 Based Questions For all exams♠ Q1. In Union Budget 2014 -15, how much percent of GDP is target for Fiscal deficit 2014-15? (1) 4.5% (2) 4.1% (3) 5% (4) 5.5% Ans: 4.1% Q2. In Union Budget 2014 -15, Revenue Deficit seen at how much % for FY15? (1) 3.5% (2) 4.1% (3) 3.3% (4) 2.9% Ans: 2.9% Q3. In Union Budget 2014 -15, in Defence sector FDI cap raised to _____ from 26% at present? (1) 51% (2) 74% (3) 100% (4) 49% Ans: 49% Q4. In Union Budget 2014 -15, Exemption limits on income tax raised from _____. (1) Rs. 2 lakh to Rs. 2.5 lakh (2) Rs. 2 lakh to Rs. 3 lakh (3) Rs. 3 lakh to Rs. 3.5 lakh (4) Rs. 2 lakh to Rs. 3.5 lakh Ans: Rs. 2 lakh to Rs. 2.5 lakh Q5. In Union Budget 2014 -15, the exemption on income for senior citizens has been raised to ____. (1) Rs. 2 lakh per annum (2) Rs. 2.5 lakh per annum (3) Rs. 3 lakh per annum (4) Rs. 3.5 lakh per annum Ans: Rs. 3 lakh per annum Q6. ‘Beti Bachao, Beti Padhao Yojana’ a Scheme for women safety recently passed in Union Budget 2014-15. How much money has been allotted for this scheme? (1) Rs 500 Crore (2) Rs 100 Crore (3) Rs 150 Crore (4) Rs 50 Crore Ans: Rs 100 Crore Q7. How much -amount has been allocated to for setting up 5 more IIMs and IITs? (1) Rs 500 Crore (2) Rs 100 Crore (3) Rs 150 Crore (4) Rs 50 Crore Ans: Rs 500 Crore Q8. What is the name of the scheme proposed for hygiene and cleanliness in the recent Union Budget 2014-15? (1) Bharat Swach Yojna (2) Bharat Nirmal Yojna (3) Bharat Nirman Yojna (4) Bharat Sudhhikaran Yojna Ans: Bharat Swach Yojna Q9. How much amount has been allocated to for Statue of Unity, a statue of Sardar Patel in Gujarat, in the recent Union Budget 2014-15? (1) Rs 500 Crore (2) Rs 100 Crore (3) Rs 200 Crore (4) Rs 150 Crore Ans: Rs 200 Crore Q10. How much amount has been allocated to for irrigation plan named Pradhan mantri krishi sichayin yojana, in the recent Union Budget 2014-15? (1) Rs 500 Crore (2) Rs 100 Crore (3) Rs 200 Crore (4) Rs. 1000 cr Ans: Rs. 1000 cr Q11. How much amount has been allocated to for Internet connectivity in villages, in the recent Union Budget 2014-15? (1) Rs 100 Crore (2) Rs 200 Crore (3) Rs 500 Crore (4) Rs 150 Crore Ans: Rs 500 Crore Q12. Crisis Management Center for women will be open at ______? (1) Delhi (2) Mumbai (3) Bangalore (4) Kolkata Ans: Delhi Q13. Annual PPF ceiling to be enhanced to _____ from Rs 1 lakh (1) Rs 1.5 lakh (2) Rs 2 lakh (3) Rs 3 lakh (4) Rs 3.5 lakh Ans: Rs 1.5 lakh Q14. In the recent Union Budget 2014-15, Agriculture University will be set up in _____-? (1) Haryana & Punjab (2) Uttar Pradesh & Bihar (3) Gujarat & Maharashtra (4) Andhra Pradesh & Rajasthan Ans: Andhra Pradesh & Rajasthan Q15. How much amount has been allocated to Start up village ___to promote entrepreneurship among rural youth? (1) Rs 500 Crore (2) Rs 100 Crore (3) Rs 200 Crore (4) Rs 150 Crore Ans: Rs 100 Crore ♠ Some Very Impotant Highlights from Union Budget 2014-15 for Banking Exams ♠ 1. Total Amount of India’s Union Budget (economic survey) 2014-15? - Mr. Arun Jeitley has announced Rs.16,65,297 Crores of Budget for india for the year 2014-15. (Which is enough Rs.1000 notes of circle of the earth). 2. What is expected Fiscal deficit for the year 2015-16? -Finance minister Accepts fiscal deficit target of 4.1 percent of GDP for 2014/15. 3. How many Crores are allotted for the Women Safety? -Sum of 150 crores on a scheme to increase the safety of women in large cities and Outlay of 50 crores for pilot testing a scheme on “Safety for Women on Public Road Transport”. 4. Total Defence Budget of india for 2014-15? -Finance Minister has allotted Rs. 2,29,000 Crores for Defense Budget. A further sum of Rs.1000 crore to meet requirement for “One Rank One Pension”. (Capital outlay for defence raised by 50 billion rupees over interim budget). 5. How many Crores allotted for Statue of Unity (National Project) ? -Rs. 200 crore provided to build the Statue of unity (National project). 6. What is growth percent is expected for next 3-4 years? -Aims for sustained growth of 7-8 percent in the next 3-4 years. 7. How much hike in income tax exemption limit in Budget 2014-15? -The Budget has also proposed to hike the income tax exemption limit from existing Rs 2 Lakhs to Rs 2.5 lakhs. 8. How much budget allotted for rail connectivity in North – East region?? -1000 crores provided for rail connectivity in NE region (A big clap for this). 9. How much allotted for New Startups company? -Rs. 10,000 Crores are allotted for New startup companies. 10. How many new smart cities and budget allocation ? -Earmarks Rs 7000 Crore to create 100 “smart cities”. 11. How many New IIMs and IITs are announced in this budget? -Five more new IIMs and Five More IITs are introduced with four more AIIMs. 12. How much allotted for rural housing scheme? -Proposes Rs 8000 crore for rural housing scheme. 13. FDI Limit in Defence?? -Raises limit on foreign direct investment in defence sector from 26 percent to 49 percent. 14. FDI (Foreign Direct Investment) Limit in Insurance Sector? -Raises FDI limit in insurance sector from 26 percent to 49 percent. 15. Rs.2037 crores provided for Integrated Ganga Conservation Mission “NAMAMI GANGE”. 16. 100 crore provided for Ghat development and beautification at Kedarnath, Haridwar, Kanpur, Varanasi, Allahabad, Patna and Delhi. ( Plz LIKE,Comment& Share to help us to Reach More Aspirants) 20. Rs. 100 crore provided for National Mission on Pilgrimage Rejuvenation and Spiritual Augmentation Drive (PRASAD).
Posted on: Sat, 26 Jul 2014 10:48:49 +0000