Union Budget 2022-2023 Flashcards

1
Q

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

A

Answer E

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2
Q
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
A

Answer C

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3
Q
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
A

Option B

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4
Q
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
A

Option C

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5
Q
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
A

Option A

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6
Q
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
A

Option E

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7
Q
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
A

Option A

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8
Q
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
A

Option D

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9
Q
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
A

Option B

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10
Q
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
A

Option C

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11
Q
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%
A

Option D

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12
Q
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%
A

Option A

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13
Q
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
A

Option E

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14
Q

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

A

Option E

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15
Q
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
A

Option D

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16
Q
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
A

Option A

17
Q
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
A

Option A

18
Q
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
A

Option C

19
Q
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
A

Option C

20
Q
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
A

Option E

21
Q
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
A

Option C

22
Q

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%

A

Option D

23
Q

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%

A

Option D

24
Q
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
A

Option A

25
Q
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
A

Option E

26
Q
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
A

Option C