Union Budget 2022-2023 Flashcards
In union budget 2022-23, government of India has set 4 priorities. Which of the following is not one of the four priorities?
[a] PM GATI Shakti
[b] Inclusive development
[c] Productivity enhancement and investment
[d] Financing of investments
[e] All of the above are the priorities
Answer E
With respect to the deficit statistics provided in union budget 2022-23, identify the correct statement/s (1) Fiscal Deficit – 6.4 (2) Revenue Deficit – 4.8 (3) Primary Deficit – 2.8 [a] Only 1 and 2 [b] Only 2 and 3 [c] Only 1 and 3 [d] None is correct [e] All are correct
Answer C
How many ropeway projects will be awarded in 2022-23 under National Ropeways Development Program announced in budget 2022-23? [a] 10 [b] 8 [c] 12 [d] 13 [e] 5
Option B
Up to when the Emergency Credit line Guarantee Scheme has been extended? [a] March 2024 [b] March 2025 [c] March 2023 [d] December 2023 [e] December 2024
Option C
Under the revamped Credit Guarantee Trust for Micro and Small Enterprises, how much additional credit will be facilitated for MSMEs? [a] Rs.2 Lakh Crore [b] Rs.1 Lakh Crore [c] Rs.3 Lakh Crore [d] Rs.5 Lakh Crore [e] Rs.4 Lakh Crore
Option A
What is the total announced outlay of Raising and Accelerating MSME Performance? [a] Rs.5000 Crore [b] Rs.1000 Crore [c] Rs.3000 Crore [d] Rs.4000 Crore [e] Rs.6000 Crore
Option E
Name the portal announced in union budget for empowering citizens to skill, reskill or upskill through on-line training? [a] DESH e-Portal [b] SWADESH Portal [c] DESI e-Portal [d] SWADESH e-Portal [e] None of the above
Option A
As per union budget 2022-23, One class one TV channel program of PM e-Vidya will be expanded from 12 to ………… TV channels. Fill the gap. [a] 120 [b] 150 [c] 250 [d] 200 [e] 110
Option D
What is the disinvestment target for FY 2022-23 as per the union budget? [a] Rs.85000 Crore [b] Rs.65000 Crore [c] Rs.15000 Crore [d] Rs.95000 Crore [e] Rs.55000 Crore
Option B
How many Digital Banking Units in 75 districts of the country will be established by Scheduled Commercial Banks? [a] 100 [b] 50 [c] 75 [d] 25 [e] 10
Option C
In the union budget 2022-23, Alternate Minimum tax for cooperatives has been reduced to ……………%. Fill the gap. [a] 20% [b] 12% [c] 10% [d] 15% [e] 5%
Option D
What percent TDS is now applicable on transactions including virtual digital assets as per union budget 2022-23? [a] 1% [b] 0.5% [c] 0.25% [d] 0.75% [e] 0.33%
Option A
How many anganwadis will be upgraded to Saksham Anganwadi as per union budget 2022-23? [a] 1 Lakh [b] 2.5 Lakh [c] 3 Lakh [d] 50000 [e] 2 Lakh
Option E
Which of the following statements is incorrect with respect to Infrastructure
provisions announced in Union budget 2022-23?
[a] PM GATI Shakti will be driven by seven engine – Roads, Railways, Mass Transport, Airports, Ports, Waterways and Logistics Infrastructure
[b] The National Highways network will be expanded by 25,000 km in 2022-23
[c] 400 new Vande Bharat Trains will be developed and manufactured during the next three years
[d] 2,000 km of rail network will be brought under Kavach, the indigenous world-class technology for safety and capacity augmentation
[e] Contracts will be awarded for implementation of Multimodal Logistics Parks at five locations
Option E
How much amount has been allocated to Ken-Betwa link project in union budget 2022-23? [a] Rs.1200 Crore [b] Rs.1100 Crore [c] Rs.1000 Crore [d] Rs.1400 Crore [e] Rs.1500 Crore
Option D
How much amount of additional allocation will be provided as Production Linked Incentive for manufacture of high efficiency solar PV modules? [a] Rs.19500 Crore [b] Rs.18500 Crore [c] Rs.17500 Crore [d] Rs.16500 Crore [e] Rs.12500 Crore
Option A
As per union budget 2022-23, from where the highest amount of rupee will come? [a] Borrowings and other liabilities [b] Non-Debt Capital receipts [c] Corporation tax [d] Income Tax [e] Union Excise Duty
Option A
How much amount will be provided to states as interest free loan for capital investment? [a] Rs.2.5 Lakh Crore [b] Rs.1.5 Lakh Crore [c] Rs.1 Lakh Crore [d] Rs.3.5 Lakh Crore [e] Rs.3 Lakh Crore
Option C
Which of the following will be established to facilitate and speed up the voluntary winding-up of companies? [a] C-PASE [b] D-PACE [c] C-PACE [d] A-PACE [e] E-PACE
Option C
What is the target year for achieving 100% reach of optical fibre in all villages and rural areas? [a] 2024 [b] 2030 [c] 2027 [d] 2028 [e] 2025
Option E
How many PM GATI Shakti Cargo Terminals for multimodal logistics facilities will be developed during the next three years? [a] 50 [b] 75 [c] 100 [d] 125 [e] 150
Option C
For cooperatives having total income of more than Rs. 1 crore and up to Rs.10
crores, surcharge will be reduced to ……………
[a] 5%
[b] 6%
[c] 8%
[d] 7%
[e] 10%
Option D
For cooperatives having total income of more than Rs. 1 crore and up to Rs.10
crores, surcharge will be reduced to ……………
[a] 5%
[b] 6%
[c] 8%
[d] 7%
[e] 10%
Option D
How much amount has been allocated to MGNREGA in union budget 2022-23? [a] Rs.73000 Crore [b] Rs.65000 Crore [c] Rs.78000 Crore [d] Rs.60000 Crore [e] Rs.78000 Crore
Option A
How much amount has been allocated to Swachh Bharat Mission in union budget 2022-23? [a] Rs.3000 Crore [b] Rs.5200 Crore [c] Rs.4000 Crore [d] Rs.3200 Crore [e] Rs.2300 Crore
Option E
What is the Total budgetary estimates of expenditure as mentioned in union budget 2022-23? [a] Rs.34.83 Lakh Crore [b] Rs.29.44 Lakh Crore [c] Rs.39.44 Lakh Crore [d] Rs.35.54 Lakh Crore [e] Rs.36.63 Lakh Crore
Option C
