Expected Questions from Union Budget 2014-15 1.Union Budget of - TopicsExpress

Expected Questions from Union Budget 2014-15 1.Union Budget of India is referred to as the Annual Financial Statement in which ariticle of the Constitution of India ? Ans : Article 112 2.Which Finance Minister presented the budget ten times, the most by any in Parliament ? Ans : Morrji Desai (8 Budgets and 2 Interims) Indian Government provides ____________crore for rehabilitation of displaced Kashmiri migrants as announced in Union Budget 2014-15? Ans : Rs 500 3.Crisis Management Center for women will be open at? Ans : Delhi 4.Name the Finance minister of India who has presented the Union Budget 2014 in Parliament on 10th July 2014 ? Ans : Arun Jaitley 5.Who has presented the First Union Budget of Independent India on 26th November 1947 ? Ans : R. K. Shanmukham Chetty 6.Amount allotted for the project of developing 100 Smart Cities? Ans : Rs. 7,060 crore 7.Mandatory wage ceiling of subscription to EPS (Employee Pension Scheme) raised from Rs 6,500 to __________ ? Ans : Rs 15,000 8.Housing loan interest rate deduction limit has been increased to? Ans : 2 lakhs 9.Finance Minister has put forth aim to achieve __________ per cent economic growth rate in next 3-4 years? Ans : 7-8 % 10.On which day the Union Budget presented in Loksabha normally ? Ans : Last working day of February by the Finance Minister 11.Agriculture University announced in Budget will be set up at? Ans : Andhra Pradesh & Rajasthan 12.On 29th February 1964 and 1968, who became the only Finance minister to present the Unoin Budget on his birthday ? Ans : Morarji Desai 13.Who were the three Prime Ministers who presentedthe Budget in Parliament as they were holding the Finance Ministry portfolio? Ans :Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi 14.What is the targeted fiscal deficit for 2016 (year 2015-16) as announced in the Union Budget 2014- 15? Ans : 3.6% of GDP 15.How much fund was set aside for the proposed National Rural Internet and Technology Mission (NRITM)? Ans : Rs. 500 crore Read More at: goo.gl/3V9jud

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