Expected Questions from Union Budget 2014-2015 for Upcoming Competitive Exams

Expected Questions from Union Budget

Hi Friends, Today we posting Expected Questions from Union Budget. We Prepared these 15 MCQ's from Union/Government Budget 2014-2015. We hope this Post Helps you in coming Competitive Exams. All the Best....

1) Citing which of the following reasons has the Union Budget 2014-15 termed the achievement of 4.1 fiscal deficit as a "daunting task" ?

1. Static industrial growth
2. Moderate increase in indirect taxes
3. Subsidy burden
4. All the above

2) According to the Union Budget 2014-15, what is the projected fiscal deficit for 2015-16 as outlined by the Road map for fiscal consolidation ?

1. 2.9 percent
2. 3.6 percent
3. 4.1 percent
4. 4.5 percent

3) The Union Budget 2014-15 announced to set up National Academy for Customs & Excise at Hindupur in 

1. Uttar Pradesh
2. Odisha
3. Andhra Pradesh
4. West Bengal

4) According to the Union Budget 2014-15, Employment exchanges will be transformed into career centres. What is the corpus of provision made in this regards?

1. Rs. 100 crore
2. Rs. 200 crore
3. Rs. 250 crore
4. Rs. 500 crore

5) What has been the allocation for developing "one hundred Smart Cities" in the Union Budget 2014-15 ?

1. Rs. 5050 crore
2. Rs. 7060 crore
3. Rs. 8875 crore
4. Rs. 10,000 crore

6) Which new programme was announced in the union Budget 2014-15 to give impetus to watershed development in the country ?

1. Abhyoday
2. Neeranchal
3. Jalmagn
4. Pravah

7) As announced by the Union Budget 2014-15, under Ajeevika, the provision of bank loan for women SHGs will be extended to another 100 districts. At what rate is bank loan provided to this programme ?

1. 2 percent
2. 3.25 percent
3. 4 percent
4. 5 percent

8) For the welfare of tribals, which scheme was launched by the Union Budget 2014-15 with an initial allocation of Rs. 100 crore ?

1. Van Bandhu Kalyan Yojana
2. Van Kanya Swasthya Yojana
3. Van Mahila Uddhar Yojana
4. Vananchal Samagar Kalyan Yojana

9) As per the Union Budget 2014-15, how many habitations affected with arsenic, fluoride, heavy/toxic elements, pesticides/Fertilizers will be provided safe drinking water through community purification plants in next 3 years ?

1. 5,000
2. 10,000
3. 20,000
4. 30,000

10) The Union Budget 2014-15 announced that " Swach Bharat Abhiyan" will cover every household with sanitation facility by

1. 2016
2. 2019
3. 2022
4. 2025

11) To provide institutional finance to landless farmers, the Union Budget 2014-15 announced to provide finance to 5 lakh joint farming groups of " Bhoomi Heen Kisan" through

1. IRDA
2. SEBI
3. NABARD
4. RBI

12) The Union Budget 2014-15 announced Fund of Funds with a corpus of Rs. 10,000 crore for providing equity through, which of the following to encourage new startups by youth ?

1. Venture capital funds
2. Quasi equity
3. Soft loans and other risk capital
4. All the above

13) The Union Budget 2014-15 announced to set up a Hastkala Academy for the preservation, revival, and documentation of the handloom/handicraft sector in PPP mode in 

1. Varanasi
2. Delhi
3. Bhopal
4. Salem

14) As per an announcement made by the Union Budget 2014-15, a Project on Ganges called " Jai Marg Vikas " will be developed between Allahabad and 

1. Haridwar
   
2. Haldia
3. Hajipur
4. Rishikesh

15) Which of the following has/have been labeled as "stressed sector" by the Reserve Bank of India ?

1. Infrastructure
2. Iron and steel and textiles
3. Aviation and mining
4. All the above

Important Links:

• Highlights of the Railway and Union Budget 2014-15
• General Awareness about Government Budget Meaning and Components
• General Awareness Practice Paper