Expected Questions from Union Budget 2018 – PDF

Hello and welcome to exampundit. Here are the much awaited Expected Questions from Union Budget 2018. The following expected questions from Union Budget 2018 are divided into categories.

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Agriculture

Here are the Expected Questions from Union Budget 2018 on Agricultural Sector

  1. Kusum Scheme is announced in the union budget 2018-19 for which purpose? – To double the income of farmers by 2022
  2. What does “KUSUM” stands for in Kusum Scheme? – Kisan Urja Suraksha evam Utthaan Mahabhiyan
  3. What is the total outlay of Kisan Urja Suraksha evam Utthaan Mahabhiyan – Kusum Scheme for farmers? – ₹48,000 crore
  4. Government has announced to provide “Nyuntam Samarthan Mulya” for TOP. What does TOP stands for? – Tomato, Onion & Potato
  5. Government has announced to extend the Kisan Credit Card facility to – fisheries and animal husbandry
  6. Government has announced to develop & upgrade how many rural haats into Gramin Agricultural Markets (GrAMs)? – 22,000
  7. How much amount has been allocated for food processing? – ₹1400 crore
  8. Government has announced to launch Operation Green with a corpus of? – ₹500 crore
  9. Government has announced to launch Operation Green for which purpose? – to address price fluctuations in potato, tomato and onion for benefit of farmers and consumers.
  10. How much amount did government allocate for Fisheries and Aquaculture and Animal Husbandry Development Fund? – ₹10,000 crore
  11. Government has announced to double the income of the farmers by _______. – 2022
  12. The government has announced to launch a restructured bamboo mission with a fund of ________. – ₹1290 crore
  13. How much agricultural credit target has been set in Budget 2018-19? – ₹11 lakh crore
  14. Government announced to introduce a special scheme to support which of the following states to manage the burning of crop residue and reduce pollution? – Haryana, Punjab & Delhi
  15. What does GOBAR stands for in Gobar Dhan Scheme? – Galvanizing Organic Bio-Agro Resources
  16. How many districts have been chosen to create role models for Gobar Dhan Scheme? – 115

Social Reforms, Health & Education

Here are the Expected Questions from Union Budget 2018 on Social Reforms, Health & Education Sector.

  1. What is the estimated budgetary expenditure on health, education and social protection for 2018-19? – ₹1.38 lakh crore
  2. How much amount has been allocated for National Social Assistance Programme in the Union Budget 2018-19? – ₹ 9975
  3. In the budget 2018-19, it was announced that every block with more than 50% ST population and at least 20,000 tribal persons, will have an Ekalavya Model Residential School by which year? – 2022
  4. Government recently announce the initiative RISE by 2022 in Budget 2018-19. What does RISE stands for? – Revitalising Infrastructure and Systems in Education
  5. What will be the total investment in the initiative named ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’? – ₹1,00,000 crore
  6. Which of the following organization will fund and monitor the ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’? – Higher Education Financing Agency (HEFA)
  7. How much amount did government allocate for School Education in budget 2018-19? – ₹50,000 crore
  8. How much amount did government allocate for Higher Education sector in budget 2018-19? – ₹35,010 crore
  9. How many fellows would be selected in total under ‘Prime Minister’s Research Fellows (PMRF)’? – 3000
  10. What is the total outlay of ‘Prime Minister’s Research Fellows (PMRF)’? – ₹1,650 crore
  11. Government has announced to transform blackboards to digital boards by _____. – 2022
  12. What is the budgetary allocation for National Livelihood Mission? – ₹5750 crore
  13. Central govt. has launched National Health Protection Scheme (NHPS) to provide Health Insurance of _____ to poor families. – ₹5 lakh
  14. How much amount of money did the government allocate for Tuberclosis patients? – ₹600 crore
  15. How much amount will the government pay the Tuberclosis patients during their treatment period? – ₹500 per month
  16. Government has announced to set up Health and Wellness Centres with an outlay of? – ₹ 1200 crore
  17. How much amount has been allocated to celebrate the 150 Birth Anniversary of Mahatma Gandhi in 2019? – ₹150 crore
  18. The government plans to build houses for all the poor in the country by _________. – 2022
  19. The government has established a dedicated Affordable Housing Fund (AHF) in which organization? – National Housing Bank
  20. The government also plans to increase the loans to Self Help Groups of women to _______ by March, 2019. – ₹75,000 crore

Fiscal Expenditure, MSME & Infrastructure

  1. How much amount has been allocated for medium, small and micro enterprises (MSME) sector towards credit support, capital and interest subsidy as well as to spur innovation? – ₹3,794 crore
  2. In MUDRA Yojana, what percent of loan accounts are of women? – 76%
  3. How much amount has been set as a target for lending under MUDRA for 2018-19? – ₹3 lakh crore
  4. Union Government has announced to contribute what percent of the wages of the new employees in the EPF for all the sectors for next three years? – 12%
  5. What is the proposed outlay for the textile sector in 2018-19 Union Budget? – ₹7,148 crore
  6. The Finance Minister placed the revised estimate of government expenditure for the fiscal at _________. – ₹ 21.57 lakh crore
  7. The projected fiscal deficit of the FY 2018-19 is ____. – 3%
  8. Government has announced a 100 per cent tax deduction to farmer-producer companies having a turnover below ____. – ₹100 crore
  9. As per the Union Budget 2018, corporate tax will be reduced to 25 per cent for companies having turnover of up to what amount? – ₹250 crore
  10. In Union Budget 2018-19, exemption of interest income for deposits in banks and post offices was increased for senior citizens to ________. – ₹50,000
  11. Customs duty on mobile phones and parts of televisions was increased to ________. – 20 per cent
  12. Government has announce that no more education cess will be levied on imported goods. However, education cess will be replaced by what percent social welfare surcharge? – 10
  13. Government announced increase of budgetary allocation on infrastructure for 2018-19 to _________. – ₹5.97 lakh crore
  14. Name the online monitoring system by which projects worth 9.46 lakh crore have been facilitated and fast tracked. – PRAGATI
  15. Using online monitoring system of PRAGATI alone, projects worth 9.46 lakh crore have been facilitated and fast tracked. What does PRAGATI stands for? – Pro-Active Governance And Timely Implementation
  16. How many prominent tourist sites have been proposed to be developed into Iconic Tourism destinations by following a holistic approach? – 10
  17. Under the Bharatmala Pariyojana, about 35000 kms road construction in Phase-I at an estimated cost of _______. – ₹5,35,000 crore
  18. As per the Budget 2018-19, how many cities have been selected under Smart City programme? – 99
  19. As per the Budget 2018-19, 99 cities have been selected under Smart City programme. What is the outlay? – ₹2.09 lakh
  20. Government announced for creation of livelihood and infrastructure in rural areas, total amount to be spent by various Ministries will be ______. – ₹14.34 lakh crore
  21. Strengthening the Ground water irrigation scheme under Prime Minister Krishi Sinchai Yojna – Har Khet ko Pani how much amount did the Government allocate? – ₹2600 crore

Railways, Aviation, Defence & Others

  1. Railways Capital Expenditure for the year 2018-19 has been pegged at ___________. – ₹1,48,528 crore
  2. How much km of railway line was announced in budget to be doubled to eliminate capacity constraints? – 18000
  3. Mumbai‟s local train network will have 90 kilometers of double line tracks at a cost of over ________. – ₹11,000 crore
  4. 150 kilometers of additional suburban network is being planned in Mumbai at a cost of over ______________. – ₹40,000 crore
  5. A suburban network of approximately 160 kilometers at an estimated cost of ₹17,000 crore is being planned in which city? – Bengaluru
  6. A suburban network of approximately 160 kilometers is being planned in Bengaluru with an estimated cost of __________. – ₹17,000 crore
  7. According to the budget, all stations with more than how many footfalls will have escalators? – 25,000
  8. For which of the following purpose did the government announce the initiative NABH Nirman? – to expand airport capacity
  9. The Budget proposes to expand the airport capacity more than five times to handle a billion trips a year. How much amount has been allocated to kick-start this initiative? – ₹60 crore
  10. According to the budget 2018-19, which organization will initiate a national program to direct efforts in artificial intelligence? – NITI Aayog
  11. How much amount has been allocated for Digital India programme in FY18-19? – ₹ 3073 crore
  12. To further Broadband access in villages, the Government proposes to set up how many Wi-Fi hotspots? – 5 lakh
  13. How much amount has been allocated in 2018-19 for creation and augmentation of Telecom infrastructure? – ₹10,000 crore
  14. India’s defence budget for the coming financial year 2018-19 has been increased by what percent? – 81
  15. India’s defence budget for the coming financial year 2018-19 has been increased to __________. – ₹2,95,511.41 crore
  16. In India’s Defence Budget, how much amount has been allocated for revenue expenditure? – ₹ 1,95,947.55 crore
  17. In India’s Defence Budget, how much amount has been allocated for capital expenditure – ₹ 99,563.86 crore
  18. First defence corridor will be established in ______. – Tamil Nadu
  19. In Budget 2018-19, it was announced that the first defence corridor will be established in Tamil Nadu. It will link which two cities? – Chennai & Bengaluru
  20. The government has proposed to construct a tunnel under the Sela pass. In which state Sela Pass is located? – Arunachal Pradesh
  21. The disinvestment target for FY2018-19 has been set to ________. – ₹80,000 crore
  22. Which of the following public insurance companies will be merged into a single insurance entity? – National Insurance Co. Ltd., United India Assurance Co. Ltd., and Oriental India insurance Co. Ltd
  23. According to the Budget 2018-19, what is the revised salary for the President? – ₹5 lakh
  24. According to the Budget 2018-19, what is the revised salary for the vice-president? – ₹4 lakh
  25. According to the Budget 2018-19, what is the revised salary for the state/UT governors? – ₹3.5 lakh

 

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