Hello and welcome to ExamPundit. Here is a set of Quiz on Union Budget 2015-16. It is very important for the Upcoming NICL AO, NICL Assistant and other Insurance and Banking Exams in 2015. Expect these questions in the NICL AO exam. Similar to the number 15 question came in LIC AAO yesterday.
1. In the Union
Budget 2015-16, Service tax was raised from ____% to 14%.
Budget 2015-16, Service tax was raised from ____% to 14%.
(a) 12.46
(b) 12.36
(c) 12.63
(d) 12.26
(e) None of the above
2. What is the
Defence Budget in 2015-16 Union Budget? (Options in Lacs Crore)
Defence Budget in 2015-16 Union Budget? (Options in Lacs Crore)
(a) 2.35
(b) 2.26
(c) 2.46
(d) 2.29
(e) 2.31
3. What is the
increased Excise Duty on Cigarettes in Union Budget 2015-16?
increased Excise Duty on Cigarettes in Union Budget 2015-16?
(a) 23%
(b) 22%
(c) 15%
(d) 25%
(e) 40%
4. Union Government
announced Swachch Bharat cess on selected services. What will be the % added
to the services under this cess?
announced Swachch Bharat cess on selected services. What will be the % added
to the services under this cess?
(a) 1.2%
(b) 1%
(c) 2.3%
(d) 4%
(e) 2%
5. What is the
premium amount of Pradhan Mantri Suraksha Bima Yojana?
premium amount of Pradhan Mantri Suraksha Bima Yojana?
(a) Rs 12
(b) Rs 14
(c) Rs 16
(d) Rs 24
(e) Rs 11
6. What is the amount
Increased in limit of deduction in health insurance premium?
Increased in limit of deduction in health insurance premium?
(a) Rs 25,000
(b) Rs 40,000
(c) Rs 15,000
(d) Rs 10,000
(e) Rs 30,000
7. Permanent Account
Number (PAN) was made mandatory for transactions above ______ rupees.
Number (PAN) was made mandatory for transactions above ______ rupees.
(a) 75 thousand
(b) 50 thousand
(c) 2 lacs
(d) 1 lac
(e) 1 lac 50 thousand
8. The Plan
Expenditure for 2015-16 is set at Rs __________ crores.
Expenditure for 2015-16 is set at Rs __________ crores.
(a) 4,65,277
(b) 4,25,277
(c) 4,35,277
(d) 4,65,377
(e) 4,25,377
9. Name the state(s)
announced in the Budget 2015-16 to receive Special Financial Assistance by
Centre Government?
announced in the Budget 2015-16 to receive Special Financial Assistance by
Centre Government?
(a) Telengana
(b) Bihar
(c) West Bengal
(d) Both (a) & (b)
(e) Both (b) & (c)
10. Indian School of
Mines which is proposed to be upgraded to IIT is located in which State?
Mines which is proposed to be upgraded to IIT is located in which State?
(a) Chhattisgarh
(b) Odisha
(c) Jharkhand
(d) Madhya Pradesh
(e) Bihar
11. Which of the
following is/are NOT a salient feature of PM Jeevan Jyoti Bima Yojana?
following is/are NOT a salient feature of PM Jeevan Jyoti Bima Yojana?
(a) A premium of Rs 330 per Annum.
(b) A coverage of Rs 2 Lacs in Case of Death or Disability.
(c) The age limit is from 18 years to 55 years.
(d) Both (a) & (b)
(e) Both (b) & (c)
12. What is the
healthcare expenditure set for 2015-16? (Options in Crore)
healthcare expenditure set for 2015-16? (Options in Crore)
(a) 33,156
(b) 33,152
(c) 23,156
(d) 23,152
(e) 44,156
13. In the Union
Budget 2015-16, it was announced that the Corporate tax will be gradually
reduced from 30% to 25% over the
period of ____ years.
Budget 2015-16, it was announced that the Corporate tax will be gradually
reduced from 30% to 25% over the
period of ____ years.
(a) 3
(b) 2
(c) 4
(d) 5
(e) 7
14. What is the
amount allocated to support micro-irrigation, watershed development and the
‘Pradhan Mantri Krishi Sinchai
Yojana’?
amount allocated to support micro-irrigation, watershed development and the
‘Pradhan Mantri Krishi Sinchai
Yojana’?
(a) 5,300 Crore
(b) 5,600 Crore
(c) 6,300 Crore
(d) 6,500 Crore
(e) 5,800 Crore
15. What is Paramparagat
Krishi Vikas Yojana?
Krishi Vikas Yojana?
(a) A watershed development scheme
(b) An organic farming scheme
(c) Co-operative Agricultural Credit scheme
(d) Agricultural infrastructure development scheme
(e) None of them
Books For 2015 Banking/Insurance Exams
