Eco Survey & Budget 2025 Flashcards

1
Q

Acc to Eco Survey, in FY26, GDP likely to grow at?

A

6.3 - 6.8%

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2
Q

Acc to Econo Survey, current GDP Growth, in FY25 is at?

A

6.4%

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3
Q

Who authored the Economic Survey 2025?

A

V. Anantha Nageswaran - Chief Economic Advisor

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4
Q

There has been a ___ in FDI inflows compared to 2024

A

decline

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5
Q

Food Inflation inc from 7.5% to ___% in FY25

A

8.4%

Due to higher veg & pulse prices

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6
Q

Acc to Econo Survey, retailinflation is at?

A

5.4%

Abbove RBI’s comfort rate

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7
Q

Acc to Economic Survey, unemployment is down from 6% to

A

3.2% in 2023-24

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8
Q

Total value of UPI transactions at Rs. __L bn in FY24

A

Rs. 2L bn

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9
Q

Growth rate needed to achieve Viksit Bharat?

A

8%

For Viksit Bharat 2047

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10
Q

FY-26 forecast by IMF & Fitch Ratings?

A

6.5

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11
Q

FY26 forecast by ADB & WB?

A

ADB = 7%
WB = 6.7%

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12
Q

Why go for Deregulation particularly at state level?

A
  • Ease of Doing Business 2.0
  • Lowering cost of Business
  • Accelerating emloyment

Govt getting out of the way

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13
Q

Acc to Eco Survey, a consistent growth of __% with a __% share in GVA would absorb surplus labour as output/ worker /ha rise in agri

A

5% growth
20% share of GVA

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14
Q

Acc to eco survey agri income has increased ___% pa compared to __% for non-agri income and ___% in overall economy

A

5.2% - agri
6.2% - non-agri
5.8% - overall

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15
Q

Lower tail dependence was noticed by the eco survey wrt agri yield and rainfall, what does it mean?

A

Correlation between yield losses & rainfall deficits is stronger for extreme rainfall deficienies than for minor variaions

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16
Q

A potential 2 degree rise in temp & a 7% inc in annual rain by 2099 could lead to a ___% dec in agri productivity

A

8-12%

Acc to a study in Economic Survey

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17
Q

Acc to Economic Survey drip irrigation reduces water consumption by ___% & boosts crop yield by ___% compared to flood irrigation.

A

water consumption: 39-55%
crop yield: 33-41%

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18
Q

Acc to economic survey because of drip irrigation farmer benefits inc to?

A

52.9 - 114.5%

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19
Q

Acc to Economic survey CAGR of Fisheries and Meat & eggs is?

A

Fisheries: 8.7%
Meat & eggs: 7.5%

highest value of output in agri

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20
Q

CAGR of Agri & Allied?

A

3.6%

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21
Q

Share of services in GVA rose from 50.6% in FY14 to?

A

55% in FY25

30% of workforce is in services

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22
Q

Nirmala Sitharaman presented her __th consecutive Budget this yr

A

8th

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23
Q

Acc to union budget, new KCC limit is?

A

Rs. 5L

from current Rs. 3L

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24
Q

NPAs in Agri have only increased from 25.4% in 2023 to?

A

28.4% in 2024

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25
Q

The increase in limit of KCC from Rs. 3L to Rs. 5L will apply only to? How many accounts are they?

A

Accounts with good repayment track record
8 mn of 77.7 mn

No burden on banks

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26
Q

KCC Fisheries introduced in yr ___ has a collateral free loan limit of ___

A

2018-19
Rs. 1.6L

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27
Q

Interest rate in KCC

A

7%
3% rebate for timely repayment

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28
Q

Share of accounts in KCC that are to be impacted by the recent Budget?

A

About 10.3% of holders

about 8mn people

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29
Q

Dhan Dhanya Krishi Yojana aims to benefit ___ crore farmers in ___ districts

A

1.7 crore
100 districts

To ensure migration is an option not a necessity

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30
Q

The 100 districts in Dhan Dhanya Krishi Yojana will be?

A
  • Low productivity
  • moderate crop intensity
  • below avg credit districts
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31
Q

Acc to Union Budget, The Makhana Board & Nat Institute of Food Tech, Processing and Innovation will be set up in?

A

Bihar

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32
Q

What agri called in the union budget?

A

The 1st engine of development

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33
Q

Aatmanirbharta in pulses is set to run for?

A

6 yrs

Reduce dependency on rice -wheat in punjab haryana

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34
Q

Pulses targeted in aatmanirbharta in pulses?

A

Tur (pigeon pea)
Masoor (lentil)
Urad (black gram)

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35
Q

Tur, masoor, urad scientific name?

pigeon pea, lentil, black gram

A

Pigeon pea: Cajanus cajan
Lentil: lens culinaris
Black gram: Vigna mungo

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36
Q

In Mission for Aatmanirbharta in Pulses, procurement agency for the next 4 yrs?

A

NAFED & NCCF

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37
Q

In terms of money allocation, DoA&FW saw a dec of?

A

3%

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38
Q

India’s msme employ __ mn people & contributes ___% to our manufacturing output

A

75 mn people
36%

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39
Q

The msme sector received an allocation of ₹____ a hike of __% from 2024

A

₹23,168 crore
4.6% hike

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40
Q

Allocation for healthcare sector is ₹___ a whooping __% hike

A

₹1 Lakh crore
11% hike

41
Q

Acc to union budget, govt intends to open ___ cancer day care centre in govt hospitals

A

200 new cancer day care centres by 2025-26

42
Q

Rs. ___ core was allocated to AB PM-JAY

A

₹ 42,000 crore

43
Q

Union budget aims to inc medical seats by ____ in the next 5 yrs

A

75,000

44
Q

Jal jeevan mission has been extended till the yr ____ with an allocation of ₹ ___

A

2028
₹67,000 crore allocation

From 2019. 195% higher

45
Q

SBM-G allocation in the union budget is?

A

₹ 7,192 crore

46
Q

Under Union budget 2025 CGTMSE credit limit has been enhanced to Rs. ___ & and additional credit of Rs. ___ for the next 5 yrs

A

Rs. 10 crore
Rs. 1.5 crore

47
Q

Under Union Budget 2025, Enhanced credit guarantees will be introduced for term loans upto Rs. ___ for MSEs

A

₹20 crore

48
Q

Credit guarantee for startups incr from Rs. 10 crore to Rs. ____ with a reduced guarantee fee of __% for loans in ___ focus sectors

A
  • to Rs. 20 crore
  • guarantee fee of 1%
  • in 27 focus areas
49
Q

For ___ enterprises, a custom credit card of Rs. 5L limit will be introduced in the 1st yr with ___ such cards being issued

A

Micro enterprises
10L cards

Those registered on Udyam Portal

50
Q

New Fud of Funds will be set up with an additional Rs. ____ crore contribution, expanding scope to support more startups

A

Rs. 10,000 crore FFS

Existing AIFs have received Rs. 91,000 crore from FFS

51
Q

Special scheme will be launched to support ___ (no. of) women and SC/ST first-time entrepreneurs. It will offer term loans up to Rs. ___ over the next __ yrs

A

5 Lakh women & SC/ST
Rs. 2 crore over 5 yrs

Inspired by Stand Up India Scheme

52
Q

Acc to Union Budget 2025, Rs. ___ has been allocated for irrigation & rural infrastructure

A

Rs. 1.5 lakh crore

53
Q

Acc to the Union Budget, A urea plant is to be set up in ____ with an annual capacity of 12.7L Metric Tonnes

A

Namrup Assam

3 dormant plants in eastern india - reopened

54
Q

Cuts in Food & Fertilizer subsity has reduced them to?

A

Food = Rs. 1.97 L crore
Fertilizer = Rs. 1.67 L crore

higher costs, lower farmer income - MSP doesn’t cover input cost rise

55
Q

Irrigation and flood control allocation reduced from Rs. 350 crore to?

A

Rs. 325 crore

56
Q

Capex of crops, AH, dairying and fisheries has reduced from Rs. 119 crore to?

A

Rs. 84.3 crore

57
Q

Rs. ___ allocated to NMNF despite concerns of ___% yield reduction.

A

Rs. 459 crore
25-30% yield reduction

58
Q

Core Objectives of Dhan Dhanya Krishi scheme

A
  • Enhance Agricultural Productivity
  • Promote Crop Diversification & Sustainable Practices
  • Strengthen Post-Harvest Infrastructure at panchayat and block levels
  • Improve Irrigation Facilities
  • Ensure Access to Credit (both long-term and short-term)
59
Q

Union budget announced Grameen Credit Score Framework for assisting ____ ____ members access to credit at an individual level

A

100 million rural SHG members

Individual credit score based on SHG credit performance

60
Q

The rural development ministry has partnered with _____ to spur sale of products by SHGs

A

The Government e-Marketplace (GeM)

E-commerce like Amazon& meesho too

61
Q

3 objectives the budget tries to accomplish that don’t usually go together?

A
  1. Reduce taxes
  2. Reduce fiscal deficit
  3. Stimulate growth
62
Q

Capex has grown from ₹3 tn in 2019 to?

A

> ₹11 tn in 2024

63
Q

Can tax cuts stimulate growth in economy?

A

Previous experience suggests otherwise
2019 corporate tax cuts resulted in ₹1.85 trillion loss in revenue
But investments did not trickle in as only 0.1% companies invested anew

64
Q

Union budget increased FDI cap in insurance from 74% to?

A

100%

65
Q

The increase in FDI limit in insurance will apply to companies that?

A

invest their entire premium in India

66
Q

What percentage of foreign employees’ salaries in electronics manufacturing in India will be taxed under the new presumptive tax regime introduced in the 2025 Budget

A

25%

67
Q

India’s electronics manufacturing sector is expected to double to over ___ in the next 3-4 years

A

$200 billion

68
Q

What is the projected increase in the income tax collection for the government as per the 2025 Budget?

A

14.4%

Higher than expected GDP growth of 10%

69
Q

4 engines of growth acc to union budget?

A
  1. Agri
  2. Msme
  3. Investment
  4. Export
70
Q

Acc to Union Budget 2025, The Makhana Board in Bihar will have an allocation of?

A

Rs. 100 crore

focus on training farmers and making them export ready

71
Q

Fiscal deficit target for FY ending March 2025? Fiscal deficit for FY26?

A

4.8%
FY26: 4.4%

72
Q

Budget plans to bring debt-to-GDP ratio down to?

A

< 50% by 2031

plan to reduce national debt

73
Q

Union Budget Allocation for Smart Cities & Urban Development?

A

Rs. 50,000 crore

74
Q

The High Yield Crop Program is set to benefit ____ farmers

A

17 million farmers

75
Q

Budget allocation for education?

A

Rs. 1.3 L crore

76
Q

Acc to Budget, ____ new schools are to be upgraded with digi classrooms

A

50,000

77
Q

Budget allocation for Women Empowerment Programs

A

Rs. 1.2 L crore

78
Q

India’s 1st Nuclear energy mission launched with target?

A

100 GW Nuclear Power by 2047

79
Q

Mission aimed at strengthening research & commercial availability of over 100 new HYV, climate resistant seed.

A

National Mission on High Yielding Seeds

80
Q

The Mission for Cotton PRoductivity is set to run for?

A

5 yrs

81
Q

The 5F vision of Mission of Cotton Productivity?

A

Farm -> Fibre > Factory > Fashion > Foreign

82
Q

India is the ___ largest producer of fish globally with Rs. ___ in seafood export

A

2nd largest producer
Rs. 60,000 crore

83
Q

Budget on Genetic conservation?

A

2nd Gene Bank with 10L germplasm lines

for future of food & nutritional security

84
Q

A multi-sectoral initiative to reduce underemployment in agri & stimulate the rural economy focussing on skilling, investment, diversification of income sources, etc.?

A

Rural Prosperity & Resilience Programme

85
Q

Ph1 of Rural Prosperity & Resilience program will cover ___ ___ districts involving global & domestic best practices with support from ____

A

100 developing agri-districts
multilateral development banks

86
Q

A revamped central KYC registry will be introduced by?

A

2025

reducing compliance burdens

87
Q

5 focus areas of National Manufacturing Mission?

A
  1. Ease & cost of DB
  2. Future ready workforce for High Demand jobs
  3. Strengthening MSMEs
  4. Tech availability & adoption
  5. Ensuring quality standards for products
88
Q

A dedicated export promotion mission will be set up by Ministry?

A
  • MoCI
  • MoF
  • MoMSME
89
Q

A Rs. ____ Urban Challenge Fund that support cities as growth hubs, creative redevelopment and for water & sanitation has been set up, with Rs. ____ allocated for FY25-26

A

Rs. 1 L crore
Rs. 10,000 crore

90
Q

New ___ limit UPI-linked credit cards to be disbursed to SVANidhi vendors

A

Rs. 30,000

higher loan amts and capacity building spport to be provided too

91
Q

____ houses have been completed with ____ more in 2025 under SWAMIH scheme

Special Window for Affordable & Mid-Income Housing

A

50,000 completed
40,000 more in 2025

92
Q

A Rs. ____ blended finance SWAMIH Fund 2 to be released to complete additional ____ housing units

A

Rs. 15,000 crore
additional 1L housing units

93
Q

____ new ATL labs in Govt schools over the next 5 yrs

Atal Tinkering Labs

A

50,000 ATL labs

94
Q

Scheme for digital Indian-language books for schools & higher to enhance understanding

A

Bharatiya Bhasha Pustak Scheme

95
Q

A Rs. ____ allocation made to states for 50 yr interest free loans

A

Rs. 1.5 L crore

96
Q

Asset Monetisation Plan to run from? with Allocation?

A

2025-30
Rs. 10 L crore

97
Q

JJM aims to achieve 100% coverage in rural households in the?

A

next 3 yrs

through Jan Bhagidari

98
Q

Nuclear Energy Mission investment? Aims to operationalise at least ___ indigenously developed SMRs by ___

A

at least 5 SMRs
by 2033