Budget (2021-22) & Economic Survey(2020-21) Flashcards

1
Q

As per Budget 2021 - Threshold of Turnover for Small company increased frm 2 Cr to ____

A

20 Cr

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2
Q

As per Budget 2021 - Which org is notified as regulator for Gold Exchange ___

A

SEBI

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3
Q

As per Budget 2021 - Threshold of Paid Up capital for Samll company increased from 50 Lakh to __

A

2 CR

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4
Q

As per Economic Survey- India is expecte to have Current Acnt Surplus of ___of GDP in 2021

A

2 %

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5
Q

As per Budget 2021 - PM Atmanirbhar Swasthya Bharat Yojna has an outlay of ___for __years.

A

64,180 Cr, 6 years.

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6
Q

Jal Jeevan Mission (Urban) implemented over 5 years with outlay of __

A

2.87 lakh Cr

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7
Q

Amount allocated for COVID vaccine in 2020-2021___

A

35000 Cr

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8
Q

Under Mega Investment Textile Parks(MITRA) , how many parks will be estb over 3 years.

A

7 parks

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9
Q

As per Budget 2021 , ____crores has been provided for Capital Expenditure.

A

5.54 lakh cr (total expenditure for FY22 = 34.83 lakh cr)

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10
Q

As per Budget 2021 - National Rail Plan for India The PLan is to create “Future ready” railway system with outlay of____by year___.

A

1,10,055 Cr , by 2030( 100% electrified by 2023)

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11
Q

Hydrogen Energy Mission(generating hydrogen from green power sources) will be launched in __

A

2021-2022

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12
Q

Recycling capacity of arnd 4.5 Million Light Displacement Tonne(LDT) will be doubled by___year

A

2024, (LDT= mass of ship excluding cargo,crew,ballast water,passenger)

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13
Q

As per Budget 2021- Insurance Act 1938 has been ammended to increase FDI limit from 49 % to ___

A

74 %

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14
Q

As per Budget 2021- For NBFC with min 100 Cr, minimum loan size eligible for Debt recovery under SARFAESI 2002 is reduced from….

A

…50 lakh to__= 20 lakh

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15
Q

As per Budget 2021- The residency limit for an Indian citizen to set up 1 person company has been reduced from…

A

…182 days to__= 120 days

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16
Q

As per Budget 2021- Agricultural Credit target enhanced to ___in FY 2022

A

16.5 lakh cr

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17
Q

As per Budget 2021- Vehcile will go for fitness test at Fitness centre after ___for personal vehicle & __for commercial vehicle.

A

20 years, 15 years.

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18
Q

Ac to 15 Finance Commission, Govt FD should reduced to ___of GDP by 2025-2026.

A

6.8%

19
Q

As per Budget 2021- FD for year __

A

9.5 % of GDP.

20
Q

As per Budget 2021- Amount allocated to MGNREGS IS __

A

73000 Cr

21
Q

As per Budget 2021- How much Govt is going to spend on Infrastructure in the year 2021-2022 ?

A

5.54 lakh Cr

22
Q

As per Budget 2021- Nominal GDP growth for year 2021-2022 will be …

A

14.4 %

23
Q

Ac to Economic Survey- GDP forcecast for 2021-2022 is …

A

11 %

24
Q

As per Budget 2021- How much money has been allocated to Digital Census ?

A

3768 Cr - Population counting throgh Mobile app.

25
Q

As per Budget 2021- Money allocated to PM Fasal Bima Yojana(PMBFY) …

A

16000 Cr

26
Q

As per Budget 2021- Govt to set Up DFI for fund ____

A

20000 Cr, DFI ( Development financial institutions for infra financing & economic dvlpmnt of country, DFI do not accept deposits )

27
Q

As per Budget 2021- how much amnt is allocated for MSME this year..

A

15,700 cr

28
Q

As per Budget 2021- Reopening time limit for direct tax assessment has been reduced to ___from 6 years.

A

3 years.

29
Q

As per Budget 2021- how much amount is allocated for Urban Swachh bharat mission 2.0 over 5 years..

A

1,41,678 cr

30
Q

As per Budget 2021- Age limit for senior citizens who are abolished from the need to file IT returns..

A

Above 75 years.

31
Q

As per Budget 2021- Amount allocated for “60 goa liberation anniversary”

A

300 cr

32
Q

As per Budget 2021- how much amount is allocated for PLI over 5 years covering 13 sectors..

A

1.97 lakh Cr (PLI= to create,nurture manufacturing for atmanirbhar Bharat)

33
Q

As per Budget 2021- Amnt allocated for National Rsearch Foundation (NRF) over 5 years..

A

50,000 cr for 5 years.

34
Q

As per Budget 2021-22 rest on 6 pillars…

A

6 pillars of Budegt 2021-22 are

  • Health & well being
  • Physical & Financial capital & Infras
  • Inclusive dvlpmnt for aspirational India
  • Reinvigorating Human Capital
  • Innovation & R&D
  • Min. Govt & Maxi Governance.
35
Q

Theme of Economic Survey 2020-2021

A

“Saving Lives & Livelihoods”

36
Q

As per Budget 2021-22- Total budget outlay for health & well-being..

A

2.23 lakh Cr

37
Q

As per Budget 2021-22- Amnt allocated for Tea Workers in ASSAM & WB ..

A

1000 Cr

38
Q

As per Budget 2021-22= Fiscal deficit is estimated to be how much percent of GDP ..

A

9.5 %

39
Q

As per Budget 2021-22- National Infra Pipeline(NIP) has been extended over to cover ___projects

A

7400 Projects.

40
Q

Budget 2021-22 - Multi seaweed park will be setup at..

A

Chennai.

41
Q

Budget 2021-22- Amnt allocated for PSB recapitalization ..

A

20,000 cr

42
Q

Budget 2021-22- Disinvestment target for FY 22 ..

A

1.75 lakh Cr

43
Q

Budget 2021-22- to Protect whom from Double Taxation ..

A

NRI

44
Q

Budget 2021-22- How many fishing hubs to be developed ..

A

5 ( Kochi,Chennai,Vishakhapatnam,Paradip & Petughat )