Budget MCQ

MCQs based on Budget 2017

1. What is the income tax rate for the income range of Rs 2.5-5 lakhs?----- 5 percent
2.What is the revenue deficit for 2017-2018?----- 2.1 percent
3. What is the fiscal deficit target for 2017-2018?-----3.2 percent
4.What is the forex reserve for the month of January?-----$361 billion, up by 36%

5. What is the budget allocation for MNREGA?----- Rs48000 crore up from Rs 38500 crore
6 Where would the new AIIMS institute be set up?----- Jharkhand and Gujarat
7.What is the allocation for transport sector?-----Rs 2.41 lakh crore
8. FIPB is abolished. What is the full form of FIPB?----             Foreign Investment Promotion Board
9. What are the expected schemes for BHIM App? Referal         scheme for users and cashback for traders.
10. What will be the maximum cash donation to be received by a political party? ----Rs 2000
11. What is the allocation PMAY? ----Rs 23000 crore 
12. Waiver of service charge for e tickets for IRCTC.
13. What is the distribution target for Mudra Yojana in FY 18?---- Rs 2.44 lakh crore
14. What is Bharat Net project? Govt Project for providing high speed broadband. Allocation of Rs 10000 crore has been made