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Budget > budget > Flashcards

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
Q

How much infudes will be in Indian renewable enrgy development agency

A

1500 crores

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26
Q

Duty increased on solar inverters

A

5% to 20%

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27
Q

duty increased on soalr lanterns

A

5% to 15%

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28
Q

small coompanies definition

A

paidupcapital from 50lacs to 2 crores

turnover from 2 cr to 20 cr

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29
Q

residency limit of indian citizen to setup OPC from

A

182 days to 120 days

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30
Q

Exemptions for tax filing for old people of

A

75 and above whose income is only pensiona nd interest income

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31
Q

Time limit of reassessment reduced from 6 years to 3 yrs

A

Dispute resolution committee of income upto 50 lcas and disputed amount upto 10 lacs

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32
Q

Tax holiday till march 31 2022

A

Increase the limit of tax audit from 5cr to 10 cr for people who take digital transactions 95%

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33
Q

TDS is proposed to levy 0.1% on transaction exceeding

A

50 lakhs in a year

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34
Q

Additional deduction of _____ for loans to purchase affodable hosuing

A

1.5 lakhs till 31 march, 2022

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35
Q

Tax exemption restricted on ingterest incoem for provident funds till

A

2.5 lcas

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36
Q

National monetization pipeline

A

for potential brownfield infra

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37
Q

How much capital expenditure will be provided this year

A

5.54 lacs 34% more than previous year

38
Q

How much will be provided to states and autonomous agencies for capital expenditure

A

2 lakh crores

39
Q

What wiill come under single securities market code

A

Provisions of SEBI 1992 act, depositories act 1996, securities contracts(regulation) act,1956, govt securities act 2007

40
Q

World class fintech will be est in

A

GIFT city- IFSC

41
Q

Gold exchange regulator

A

SEBI

42
Q

What is provided for investors

A

Investor charter

43
Q

NBFCs with minimum asset size of 100 crores , Min loan size for debt recovery under SARFAESI act 2002 from

A

50 lacs to 20 lacs

44
Q

SARFAESI

A

Securitisation and reconstruction of fiannaciial assets and enforcemenyt of security interest 2002

45
Q

Under standup india scheme margin requirement is reduced from

A

25% tto 15%

46
Q

For MSME sector how much isi allocated

A

15700 crores

47
Q

For covid vaccines

A

35000 crores

48
Q

Total health outlay

A

223846 cr

49
Q

Exp on health as GDP

A

1.8%

50
Q

National commission for allied healthcare professional bill

A

Minimum wage swill be applied for all categories and will be covered by ESIC

51
Q

PLI is implemented in ____ sectors

A

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
Q

Total numbe rof projects iunde rNational infrastructure pipeline

A

7400

53
Q

Projects under NIP will require ____

A

111 lakh crores for 2020-25

54
Q

how much will provided to capitalize Development fianncial institution to capitalize it

A

20000 crores

55
Q

How many kms of road is conrtucted pe r day

A

22 km

56
Q

How many kms of roads are constructed under bharat mala pariyojana

A

3800 kms

57
Q

National rail plan has been formulated which is aimed at developing adequate rail infra by

A

2030

58
Q

100% electrification ofo broad gauge routes will be compelted by

A

2023

59
Q

what are two new technologies which wil be deployed in metro rail systems

A

Metrolite and Metroneo

60
Q

how much power is intalled

A

139 GW capacity installedq

61
Q

ujjwala scheme will be extendded to ____

A

1 crore more households

62
Q

Ga spipeline project will be taken up in

A

J&K

63
Q

how many more districts will be added to city gas distribution networking in next 3 years

A

100 more edistricts

64
Q

Svamitva scheme will be extended to all states

A

a multipurpose seaweed park in tamil nadu

65
Q

Agricultural credit has been enhanced to

A

16.5 lakh crores

66
Q

Expansion of operation green scheme to include

A

22 perishable products

67
Q

how many mor emandis to be integarated with enam

A

1000

68
Q

Rural infrastructure development fund

A

40000 crores

69
Q

Micro irrigation fund

A

5000 crores

70
Q

Expenditur eon education will be

A

3.5% GDP

71
Q

National research foundation with outlay of

A

50000 crores for 5 years

72
Q

how many new sainik shcools

A

100

73
Q

How many new ekalavya schools will be est

A

750 and unit cost increased from 20 cr to 38 crand for hilly difficult areas 48 cr

74
Q

INdia partnered with __for skilld evelopemnt and recognition

A

UAE and Japan

75
Q

Deep ocean mission with outlay ofo

A

4000 crores for 5 years

76
Q

Central university will be est in

A

Leh

77
Q

How much is allocate dfor cendus

A

3768 crores

This time digital census

78
Q

Custom duty on cotton increased to

A

15%

79
Q

Custom duty on silk increased to

A

15%

80
Q

Custom duty on auto parts increased to

A

15%

81
Q

Custom duty on steel scrap increased to

A

exxempted till march 22

82
Q

Amount of funds granted to goa for diamond jubilee celebrations from portuguese liberation

A

300 crores

83
Q

Amount allocated for New space india ltd

A

700 crores

84
Q

Amount of funda provided for wheat procurement

A

75060 crores

85
Q

Amount of fund provided for rice procurement

A

175752 crores

86
Q

% of AIDC(agricultur einfrastructure and development cess) on alcohol

A

100%

87
Q

how much cess for one liter petrol

A

2.5 rs

88
Q

how much cess for diesel

A

4 rs/lit

89
Q

Gross borrowing from market for next year will be around

A

12 lakh crores

90
Q

What is full form of e-nam

A

E national market place

Budget (1 decks)

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