budget Flashcards

1
Q

The budget proposal lies on what six pillars

A

Health & well being
Physical and financial capital & infrastructure
Inclusive development for aspirational india
reinvigorating human capital
Innovation and R&D
Minimum governmnet and maximum governance

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2
Q

Fiscal deficit 2019-20

A

4.6
BE for 2020-21 was 3.5
But RE for 2020-21 is 9.5
BE for 2021-22 is 6.8

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3
Q

Revenue deficit 2019-20

A

3.3
BE for 2020-21 was 2.7
But RE for 2020-21 is 7.5
BE for 2021-22 is 5.1

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4
Q

Effective revenue deficit 2019-20

A

2.4
BE for 2020-21 was 1.8
But RE for 2020-21 is 6.3
BE for 2021-22 is 4.1

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5
Q

Primary deficit 2019-20

A

1.6
BE for 2020-21 was 0.4
But RE for 2020-21 is 5.9
BE for 2021-22 is 3.1

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6
Q

PM Aatma nirbhar swasth bharat yojana

A

Centrally sponsored scheme

Outlaiy 64180 for 6 years

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7
Q

Where will regional platform for WHO-south asia region be built

A

In India as a National institute for one health

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8
Q

MITRA fullform

A

Mega invetsment textiles park
7 texttile parks will be setup over 3 years
This will be launched in addition to PLI scheme

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9
Q

Howmuch assistance will be created for DISCOMS infra

A

305984 crore for 5 years

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10
Q

Which energy mission will be launched

A

Hydrogen enrgy mission

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11
Q

Total outlay for urban swacch bharat mission 2.0

A

141678 crores for 5 years

faecal sludge management and waste water treatment

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12
Q

After how many years vehicles will undergo voluntary vehicle scrap policy

A

Fitness test after 20 years for personal vehicles and 15 years in case of commercial vehicles

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13
Q

Portal will be setup for

A

Gig and construction workers

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14
Q

Outlay of revamped post metric scholarship for SC students

A

35219 crores for 6 years for 4 crores students

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15
Q

scheme for augmentation of public bus transport services

A

Enabling private players too finance, acquire, opearte and maintain ove r 20000 buses for 111 cities.
Outlay of 18000 crores

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16
Q

outlay for subsidy support to shipping company

A

1624 crores for 5 years

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17
Q

Recycling capacity of around 4.5 million light displacement tonne will be doubled by

A

2024

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18
Q

How much will be provided for assam and westbengal tea workers

A

1000 crores

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19
Q

Estimated receipts form disinvestment

A

175000 crore

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20
Q

Disinvestment will be done in

A

BPCL,Air india, BEML, Neelchal ispat nigam ltd, shipping coproration of india, container coproration of india, IDBI bank, Pawan hans, LIC etc will be completed by 2022
Other than IDBI 2 PSBs and one insurance company will be privatised

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21
Q

FDI in insurance sector

A

49% to 74%

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22
Q

Recapitalization in public sector banks

A

20000 crores

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23
Q

4 categories of startegic sectors

A

Atomic energy, space and defense
Transport and telecommunication
power, petroleum, coal and other minerals
Banking, insurance and financial services

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24
Q

How much is infused in Solar energy corporation of India

A

1000 crores

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25
How much infudes will be in Indian renewable enrgy development agency
1500 crores
26
Duty increased on solar inverters
5% to 20%
27
duty increased on soalr lanterns
5% to 15%
28
small coompanies definition
paidupcapital from 50lacs to 2 crores | turnover from 2 cr to 20 cr
29
residency limit of indian citizen to setup OPC from
182 days to 120 days
30
Exemptions for tax filing for old people of
75 and above whose income is only pensiona nd interest income
31
Time limit of reassessment reduced from 6 years to 3 yrs
Dispute resolution committee of income upto 50 lcas and disputed amount upto 10 lacs
32
Tax holiday till march 31 2022
Increase the limit of tax audit from 5cr to 10 cr for people who take digital transactions 95%
33
TDS is proposed to levy 0.1% on transaction exceeding
50 lakhs in a year
34
Additional deduction of _____ for loans to purchase affodable hosuing
1.5 lakhs till 31 march, 2022
35
Tax exemption restricted on ingterest incoem for provident funds till
2.5 lcas
36
National monetization pipeline
for potential brownfield infra
37
How much capital expenditure will be provided this year
5.54 lacs 34% more than previous year
38
How much will be provided to states and autonomous agencies for capital expenditure
2 lakh crores
39
What wiill come under single securities market code
Provisions of SEBI 1992 act, depositories act 1996, securities contracts(regulation) act,1956, govt securities act 2007
40
World class fintech will be est in
GIFT city- IFSC
41
Gold exchange regulator
SEBI
42
What is provided for investors
Investor charter
43
NBFCs with minimum asset size of 100 crores , Min loan size for debt recovery under SARFAESI act 2002 from
50 lacs to 20 lacs
44
SARFAESI
Securitisation and reconstruction of fiannaciial assets and enforcemenyt of security interest 2002
45
Under standup india scheme margin requirement is reduced from
25% tto 15%
46
For MSME sector how much isi allocated
15700 crores
47
For covid vaccines
35000 crores
48
Total health outlay
223846 cr
49
Exp on health as GDP
1.8%
50
National commission for allied healthcare professional bill
Minimum wage swill be applied for all categories and will be covered by ESIC
51
PLI is implemented in ____ sectors
13 sectors. 1.97 lakh crores will be provide for next 5 years Incentive of 4-6% will be provided . This was started by MeitY but extended to 13 sectors
52
Total numbe rof projects iunde rNational infrastructure pipeline
7400
53
Projects under NIP will require ____
111 lakh crores for 2020-25
54
how much will provided to capitalize Development fianncial institution to capitalize it
20000 crores
55
How many kms of road is conrtucted pe r day
22 km
56
How many kms of roads are constructed under bharat mala pariyojana
3800 kms
57
National rail plan has been formulated which is aimed at developing adequate rail infra by
2030
58
100% electrification ofo broad gauge routes will be compelted by
2023
59
what are two new technologies which wil be deployed in metro rail systems
Metrolite and Metroneo
60
how much power is intalled
139 GW capacity installedq
61
ujjwala scheme will be extendded to ____
1 crore more households
62
Ga spipeline project will be taken up in
J&K
63
how many more districts will be added to city gas distribution networking in next 3 years
100 more edistricts
64
Svamitva scheme will be extended to all states
a multipurpose seaweed park in tamil nadu
65
Agricultural credit has been enhanced to
16.5 lakh crores
66
Expansion of operation green scheme to include
22 perishable products
67
how many mor emandis to be integarated with enam
1000
68
Rural infrastructure development fund
40000 crores
69
Micro irrigation fund
5000 crores
70
Expenditur eon education will be
3.5% GDP
71
National research foundation with outlay of
50000 crores for 5 years
72
how many new sainik shcools
100
73
How many new ekalavya schools will be est
750 and unit cost increased from 20 cr to 38 crand for hilly difficult areas 48 cr
74
INdia partnered with __for skilld evelopemnt and recognition
UAE and Japan
75
Deep ocean mission with outlay ofo
4000 crores for 5 years
76
Central university will be est in
Leh
77
How much is allocate dfor cendus
3768 crores | This time digital census
78
Custom duty on cotton increased to
15%
79
Custom duty on silk increased to
15%
80
Custom duty on auto parts increased to
15%
81
Custom duty on steel scrap increased to
exxempted till march 22
82
Amount of funds granted to goa for diamond jubilee celebrations from portuguese liberation
300 crores
83
Amount allocated for New space india ltd
700 crores
84
Amount of funda provided for wheat procurement
75060 crores
85
Amount of fund provided for rice procurement
175752 crores
86
% of AIDC(agricultur einfrastructure and development cess) on alcohol
100%
87
how much cess for one liter petrol
2.5 rs
88
how much cess for diesel
4 rs/lit
89
Gross borrowing from market for next year will be around
12 lakh crores
90
What is full form of e-nam
E national market place