Budget is nothing however a declaration of earnings and spending. In accordance with Article 112 for the Constitution, “the Union Government lays a statement of their predicted receipts and expenditure for the from April 1 to March 31, before both the Houses of Parliament” year.
The word spending plan comes from the old French term “Bougette” which online installment loans massachusetts means that bag. It really is a quantified plan that is financial present, past and future income and expenditure associated with Central Government.
50 GK Questions on Union Budget & Economic Survey
1. Which associated with statement that is following proper about Budget?
We. It’s a declaration of budget for the period that is future aiming proposed expenditure and method of funding it.
II. Article 111 regarding the Constitution calls for the federal government presenting to Parliament a statement of believed receipts and spending according of every monetary 12 months.
Choose correct one:
D. Neither I nor II
2. Which of this following is related towards the procedure Green’ objective?
A. Manufacturing of tomato, onion and potatoes
B. Creation of tomato, chili and potatoes
C. Manufacturing of pulses, onion and potatoes
D. Creation of tomato, pulses and rice
3. Which associated with following policy (Yojna) bring 5 lakh acres under natural agriculture?
A. Shyama Prasad Mukherji Rurban Mission
B. Pramaparagat Krishi Vikas Yojna
C. Pradhan Mantri Krishi Sichai Yojna
D. PM Fasal Bima Yojna
4. Which Bill ended up being proposed to be moving to fix issues in infrastructure contracts, PPP and Public Utilities?
A. Experience Development Programme
B. Organizations Amendment Bill
C. Public Utility Resolution of Disputes Bill
D. Goods & Services Tax
5. Provider Tax become exempted on basic insurance coverage schemes under which scheme:
A. Organizations Amendment Bill
B. Shyama Prasad Mukherji Rurban Mission