Budget 2022-23 MCQs
Ambitious Baba brings you the MCQs based on Budget 2022-22 presented by the Finance minister on 1st Feb 2022. Budget 2022-23 MCQs is very important from the exam point of view. We have seen that there is always Questions form the Budget. Aspirants preparing the Banking and other examinations read the budget and practice MCQs based on Budget 2022-23.
Q.1. According to Union Budget 2022-23 presented by FM Nirmala Sitharaman, GDP growth in 2021-23 is expected to be ____________.
(a) 7.5%
(b) 8.7%
(c) 9.2%
(d) 10.4%
(e) 11.8%
Q.2. According to the Union Budget 2022-23, Total expenditure in 2022-23 estimated at ____________________.
(a) Rs. 34.83 lakh crore
(b) Rs. 37.70 lakh crore
(c) Rs. 39.45 lakh crore
(d) Rs. 48.55 lakh crore
(e) Rs. 84.00 lakh crore
Q.3. According to the Union Budget 2022-23, the revised Fiscal Deficit was ___________ % of GDP in FY22 as against 6.8% in Budget estimates.
(a) 5.3%
(b) 6.9%
(c) 7.5%
(d) 8.2%
(e) 9.4%
Q.4. How many times Nirmala Sitharaman has presented the budget in parliament till the budget 2022-23?
(a) 1
(b) 2
(c) 3
(d) 4
(e) 5
Q.5. How much amount is allocated for the Aatmanirbhar Bharat Rojgar
Yojana for 2022-23?
(a) 5000 crores
(b) 6400 crores
(c) 3000 crores
(d) 4000 crores
(e) 7400 crores
Q.6 How much amount is allocated for the Ministry of Agriculture and Farmers’
Welfare?
(a) 32513.62 crores
(b) 132513.62 crores
(c) 232513.62 crores
(d) 332513.62 crores
(e) 432513.62 crores
Q.7. As per budget, Har Ghar, Nal Se Jal: ____________ households to be covered in 2022-23.
(a) 1.8 crores
(b) 2.8 crores
(c) 3.8 crores
(d) 4.8 crores
(e) 5.8 crores
Q.8. Tax deduction limit increased from 10 percent to _______percent on employer’s contribution to the NPS account of State Government employees.
(a) 11%
(b) 12%
(c) 13%
(d) 14%
(e) 15%
Q.9. Any income from transfer of any virtual digital asset to be taxed at the rate of _____________.
(a) 18%
(b) 20%
(c) 28%
(d) 30%
(e) 35%
Read Union Budget 2022: Highlights
Q.10. HKen-Betwa river link project will be implemented at cost of __________________ to benefit 900,000 farmers.
(a) Rs 11,000 crores
(b) Rs 22,000 crores
(c) Rs 33,000 crores
(d) Rs 44,000 crores
(e) Rs 55,000 crores
Q.11. Customs duty on cut and polished diamonds and gemstones being reduced to ______________.
(a) 2%
(b) 3%
(c) 5%
(d) 7%
(e) 8%
Q.12. The Government of India aims to achieve the vision for?
(a) India@25
(b) India@50
(c) India@75
(d) India@100
(e) India@150
Q.13. What will be the financial outlay for the Prime Minister’s Development Initiative for North-East Region (PM-DevINE) scheme?
(a) Rs 1,000 crore
(b) Rs 1,500 crore
(c) Rs 2,000 crore
(d) Rs 2,500 crore
(e) Rs 3,500 crore
Q.14. Total receipts other than borrowings in 2022-23 estimated at Rs. _____________crore.
(a) Rs. 22.84 lakh crore
(b) Rs. 37.70 lakh crore
(c) Rs. 39.45 lakh crore
(d) Rs. 48.55 lakh crore
(e) Rs. 84.00 lakh crore
Q.15. How much amount has been allocated for completion of 80 lakh houses in 2022-23 under PM Awas Yojana scheme?
(a) Rs. 18,000 crores
(b) Rs. 28,000 crores
(c) Rs. 38,000 crores
(d) Rs. 48,000 crores
(e) Rs. 58,000 crores
Q.16. What per cent of 5 lakh post offices to come on the core banking system?
(a) 25%
(b) 50%
(c) 60%
(d) 75%
(e) 100%
Q.17. Name the Programme for the development of Border villages with sparse population, limited connectivity and infrastructure on the northern border.
(a) Vibrant Villages Programme
(b) Lively Villages Programme
(c) Vivacious Villages Programme
(d) Pulsating Villages Programme
(e) Exclusive Villages Programme
Q.18. One class-One TV channel’ programme of PM eVIDYA to be expanded from 12 to _____________TV channels.
(a) 25
(b) 50
(c) 100
(d) 150
(e) 200
Q.19. What percent of capital procurement budget earmarked for domestic industry in 2022-23, to promote Atmanirbharta?
(a) 38%
(b) 48%
(c) 58%
(d) 68%
(e) 78%
Q.20. Additional allocation of _____________ was announced for Production Linked Incentive for manufacture of high efficiency solar modules to meet the goal of 280 GW of installed solar power by 2030?
(a) 9,500 crores
(b) 19,500 crores
(c) 29,500 crores
(d) 39,500 crores
(e) 49,500 crores
Q.21. ‘Effective Capital Expenditure’ of Central Government estimated at ____________ in 2022-23, which is about 4.1% of GDP.
(a) 7.67 lakh crore
(b) 8.18 lakh crore
(c) 9.46 lakh crore
(d) 10.68 lakh crore
(e) 11.09 lakh crore
Q.22. What is the capital expenditure target for 2022-23?
(a) Rs. 5 lakh crore
(b) Rs. 7.50 lakh crore
(c) Rs. 10 lakh crore
(d) Rs. 15 lakh crore
(e) Rs. 20 lakh crore
Q.23. Fiscal deficit in 2022-23 has been estimated at ______ of GDP.
(a) 5.3%
(b) 6.4%
(c) 6.9%
(d) 7.2%
(e) 84%
Q.24. Budget 2022 focusses on how many areas or pillars?
(a) 1
(b) 2
(c) 3
(d) 4
(e) 5
Q.25. Emergency Credit Linked Guarantee Scheme (ECLGS) has been extended up to
(a) March 2022
(b) August 2022
(c) March 2023
(d) August 2023
(e) December 2023
Q.26. How many new generation Vande Bharat trains to be manufactured during the next three years?
(a) 100
(b) 200
(c) 300
(d) 400
(e) 500
Q.27. How many PM Gati Shakti Cargo terminals for multimodal logistics to be developed during the next three years?
(a) 100
(b) 200
(c) 300
(d) 400
(e) 500
Q.28. Alternate Minimum Tax paid by cooperatives brought down from 5 per cent to _________________.
(a) 10%
(b) 12%
(c) 15%
(d) 17%
(e) 18%
Q.29. What will be the Farm procurement value for FY23?
(a) Rs 1.35 trillion
(b) Rs 2.37 trillion
(c) Rs 3.54 trillion
(d) Rs 4.72 trillion
(e) Rs 5.31 trillion
Q.30. Unblended fuel to attract an additional differential excise duty of Rs 2/ litre from the _____________ to encourage blending of fuel.
(a) 1 May 2022
(b) 1 October 2022
(c) 1 December 2022
(d) 1 May 2023
(e) 1 October 2023
Read Union Budget 2022: Highlights
