Union Budget 2018-2019 and Economic Survey 2018 Mock Test

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AffairsCloud brings you some expected & important questions on Union Budget 2018-2019 and Economic Survey. It may useful for upcoming exams.

Union Budget of India 2018-2019 Q&A PDF

Economic Survey 2018 Q&A PDF

Union budget of India 2018-19 Highlights and Economic Survey 2018 Highlights PDF

Read Union Budget 2018-2019 Highlights

Mock Test:

  • Economic Survey: Q1 – Q21
  • Union Budget: Q22 – Q76

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  1. Answered
  2. Review
  1. Question 1 of 75
    1. Question
    1 points
    Category: General Awareness

    Who had prepared the Economic Survey 2017-2018?

    Correct

    Answer: 3.Arvind Subramanian
    Explanation : Arvind Subramanian is the Chief Economic Adviser

    Incorrect

    Answer: 3.Arvind Subramanian
    Explanation : Arvind Subramanian is the Chief Economic Adviser

  2. Question 2 of 75
    2. Question
    1 points
    Category: General Awareness

    Who presented the Economic Survey 2017-2018 in Parliament?

    Correct

    Answer: 1.Arun Jaitley
    Explanation : Arun Jaitley is the Union Finance Minister of India

    Incorrect

    Answer: 1.Arun Jaitley
    Explanation : Arun Jaitley is the Union Finance Minister of India

  3. Question 3 of 75
    3. Question
    1 points
    Category: General Awareness

    What was the colour of the Economic Survey 2017-2018 document?

    Correct

    Answer: 5.None of these
    Explanation : Pink – this colour was chosen to emphasise Gender and Son meta-preference prevailing in Indian society

    Incorrect

    Answer: 5.None of these
    Explanation : Pink – this colour was chosen to emphasise Gender and Son meta-preference prevailing in Indian society

  4. Question 4 of 75
    4. Question
    1 points
    Category: General Awareness

    GDP GROWTH(Q4-8):
    What is the GDP growth prediction for financial year 2018-2019 as per Economic Survey 2017-2018?

    Correct

    Answer: 1.7-7.5%

    Incorrect

    Answer: 1.7-7.5%

  5. Question 5 of 75
    5. Question
    1 points
    Category: General Awareness

    As per Economic Survey 2017-2018, what is the GDP growth expected for financial year 2017-2018?

    Correct

    Answer: 3.6.75%

    Incorrect

    Answer: 3.6.75%

  6. Question 6 of 75
    6. Question
    1 points
    Category: General Awareness

    What is the services growth expectation for financial year 2017-18?

    Correct

    Answer: 4.8.3%

    Incorrect

    Answer: 4.8.3%

  7. Question 7 of 75
    7. Question
    1 points
    Category: General Awareness

    What is the industrial growth expectation for financial year 2017-18?

    Correct

    Answer: 2.4.4%

    Incorrect

    Answer: 2.4.4%

  8. Question 8 of 75
    8. Question
    1 points
    Category: General Awareness

    What is the agricultural growth expectation for financial year 2017-18?

    Correct

    Answer: 1.2.1%

    Incorrect

    Answer: 1.2.1%

  9. Question 9 of 75
    9. Question
    1 points
    Category: General Awareness

    Inflation(Q9):

    What is the average consumer price inflation based headline inflation for 2017-18?

    Correct

    Answer: 1.3.3%
    Explanation : The average consumer price inflation based headline inflation declined to a six-year low of 3.3 per cent in 2017-18

    Incorrect

    Answer: 1.3.3%
    Explanation : The average consumer price inflation based headline inflation declined to a six-year low of 3.3 per cent in 2017-18

  10. Question 10 of 75
    10. Question
    1 points
    Category: General Awareness

    Direct Tax Collection (Q10):

    What is the increase in direct tax collections of the Centre during April-November 2017 period?

    Correct

    Answer: 1.13.7%

    Incorrect

    Answer: 1.13.7%

  11. Question 11 of 75
    11. Question
    1 points
    Category: General Awareness

    Indirect Tax Collection (under GST era) (Q11-13):

    What is the increase in indirect tax collections of the Centre during April-November 2017 period?

    Correct

    Answer: 3.18.3%

    Incorrect

    Answer: 3.18.3%

  12. Question 12 of 75
    12. Question
    1 points
    Category: General Awareness

    By what percent the GST has increased the number of unique indirect taxpayers?

    Correct

    Answer: 1.50%

    Incorrect

    Answer: 1.50%

  13. Question 13 of 75
    13. Question
    1 points
    Category: General Awareness

    What was the number of unique GST registrants as on December 2017?

    Correct

    Answer: 4.9.8 million

    Incorrect

    Answer: 4.9.8 million

  14. Question 14 of 75
    14. Question
    1 points
    Category: General Awareness

    International & Inter-State Trade (Q14-17)

    Top 1 percent of Indian firms account for _____ percent of exports?

    Correct

    Answer: 3.38%

    Incorrect

    Answer: 3.38%

  15. Question 15 of 75
    15. Question
    1 points
    Category: General Awareness

    Maharashtra, Gujarat, Karnataka, Tamil Nadu and Telangana account for what per cent of India’s exports?

    Correct

    Answer: 4.70%

    Incorrect

    Answer: 4.70%

  16. Question 16 of 75
    16. Question
    1 points
    Category: General Awareness

    India’s internal trade in Goods & Services is what per cent of GDP?

    Correct

    Answer: 1.60%

    Incorrect

    Answer: 1.60%

  17. Question 17 of 75
    17. Question
    1 points
    Category: General Awareness

    Rebate of State Levies (ROSL) has boosted exports of readymade garments (man- made fibers) by what per cent?

    Correct

    Answer: 3.16%

    Incorrect

    Answer: 3.16%

  18. Question 18 of 75
    18. Question
    1 points
    Category: General Awareness

    Social Infrastructure, Employment and Human Development(Q18-20):

    In 2017-18, expenditure on social services by the Centre and States as a proportion of GDP is?

    Correct

    Answer: 2.6.6%

    Incorrect

    Answer: 2.6.6%

  19. Question 19 of 75
    19. Question
    1 points
    Category: General Awareness

    As per Economic Survey 2017-2018, Climate change could reduce annual agricultural incomes by _____ percent on average?

    Correct

    Answer: 1.15 – 18%

    Incorrect

    Answer: 1.15 – 18%

  20. Question 20 of 75
    20. Question
    1 points
    Category: General Awareness

    As per Economic Survey 2017-2018, Climate change could reduce annual agricultural incomes by ______ percent for unirrigated areas?

    Correct

    Answer: 3.20 – 25%

    Incorrect

    Answer: 3.20 – 25%

  21. Question 21 of 75
    21. Question
    1 points
    Category: General Awareness

    Miscellaneous(Q21):

    What will be areas of focus in the medium term?

    Correct

    Answer: 3.Agriculture, education, and employment

    Incorrect

    Answer: 3.Agriculture, education, and employment

  22. Question 22 of 75
    22. Question
    1 points
    Category: General Awareness

    In which article of the Indian constitution, the Union Budget of India is referred to as the Annual Financial Statement?

    Correct

    Answer : 2. Article 112
    Explanation : Union Budget of India is referred to as the Annual Financial Statement in the Article 112 of the Constitution of India.

    Incorrect

    Answer : 2. Article 112
    Explanation : Union Budget of India is referred to as the Annual Financial Statement in the Article 112 of the Constitution of India.

  23. Question 23 of 75
    23. Question
    1 points
    Category: General Awareness

    On which date, the Union Budget was presented by the Finance Minister?

    Correct

    Answer : 1. February 1
    Explanation : On February 1, 2018, Union Minister for Finance and Corporate Affairs, Arun Jaitley presented Union Budget 2018-19 in Parliament.

    Incorrect

    Answer : 1. February 1
    Explanation : On February 1, 2018, Union Minister for Finance and Corporate Affairs, Arun Jaitley presented Union Budget 2018-19 in Parliament.

  24. Question 24 of 75
    24. Question
    1 points
    Category: General Awareness

    When and by whom, the First Union budget of independent India was presented?

    Correct

    Answer : 5. R. K. Shanmukham Chetty on November 26, 1947
    Explanation : First Union budget of independent India was presented by R. K. Shanmukham Chetty on November 26, 1947.

    Incorrect

    Answer : 5. R. K. Shanmukham Chetty on November 26, 1947
    Explanation : First Union budget of independent India was presented by R. K. Shanmukham Chetty on November 26, 1947.

  25. Question 25 of 75
    25. Question
    1 points
    Category: General Awareness

    Name the Finance Minister who has presented the Union Budget for highest number of times.

    Correct

    Answer : 2. Morarji Desai
    Explanation : Till Date, Morarji Desai has presented Union Budget for highest number of times.

    Incorrect

    Answer : 2. Morarji Desai
    Explanation : Till Date, Morarji Desai has presented Union Budget for highest number of times.

  26. Question 26 of 75
    26. Question
    1 points
    Category: General Awareness

    Morarji Desai has presented the Union Budget for highest number of times. How many times did he present?

    Correct

    Answer : 3. 10
    Explanation : Morarji Desai has presented Union Budget for highest number of times (10 times).

    Incorrect

    Answer : 3. 10
    Explanation : Morarji Desai has presented Union Budget for highest number of times (10 times).

  27. Question 27 of 75
    27. Question
    1 points
    Category: General Awareness

    What is the present value of Indian economy?

    Correct

    Answer : 3. 2.5 trillion dollar
    Explanation : Indian economy has performed very well since our Government took over in May, 2014. India achieved an average growth of 7.5% in first three years of our Government. Indian economy is now 2.5 trillion dollar economy.

    Incorrect

    Answer : 3. 2.5 trillion dollar
    Explanation : Indian economy has performed very well since our Government took over in May, 2014. India achieved an average growth of 7.5% in first three years of our Government. Indian economy is now 2.5 trillion dollar economy.

  28. Question 28 of 75
    28. Question
    1 points
    Category: General Awareness

    Indian economy is the __________ largest economy in the world?

    Correct

    Answer : 3. Seventh
    Explanation : Indian Economy is the seventh largest economy in the world. India is expected to become the fifth largest economy very soon. On Purchasing Power Parity (PPP) basis, we are already the third largest economy.

    Incorrect

    Answer : 3. Seventh
    Explanation : Indian Economy is the seventh largest economy in the world. India is expected to become the fifth largest economy very soon. On Purchasing Power Parity (PPP) basis, we are already the third largest economy.

  29. Question 29 of 75
    29. Question
    1 points
    Category: General Awareness

    Under which scheme 4 crore household are being provided with electricity connections?

    Correct

    Answer : 5. SaubhagyaYojna
    Explanation : Under Saubhagya Yojna, 4 crore household are being provided with electricity connections.

    Incorrect

    Answer : 5. SaubhagyaYojna
    Explanation : Under Saubhagya Yojna, 4 crore household are being provided with electricity connections.

  30. Question 30 of 75
    30. Question
    1 points
    Category: General Awareness

    AGRICULTURE Q(30-47):
    India made record by producing how many tons of food grains in the year 2016-17?

    Correct

    Answer :3. 275 million tonnes
    Explanation : As a result of the hard work of our country’s farmers’ agriculture production, our country is at a record level. Doing the year 2016-17 we achieved a record food grain production of around 275 million tonnes and around 300 million tonnes of fruits and vegetables.

    Incorrect

    Answer :3. 275 million tonnes
    Explanation : As a result of the hard work of our country’s farmers’ agriculture production, our country is at a record level. Doing the year 2016-17 we achieved a record food grain production of around 275 million tonnes and around 300 million tonnes of fruits and vegetables.

  31. Question 31 of 75
    31. Question
    1 points
    Category: General Awareness

    Out of 585 APMCs (Agricultural Produce Market Committee), at present how many APMCs have been connected to e-NAM (National Agriculture Market) network?

    Correct

    Answer : 2. 470
    Explanation : Last year, Government announced the strengthening of e-NAM and to expand coverage of e-NAM to 585 APMCs. At present, 470 APMCs have been connected to e-NAM network and rest will be connected by March, 2018.

    Incorrect

    Answer : 2. 470
    Explanation : Last year, Government announced the strengthening of e-NAM and to expand coverage of e-NAM to 585 APMCs. At present, 470 APMCs have been connected to e-NAM network and rest will be connected by March, 2018.

  32. Question 32 of 75
    32. Question
    1 points
    Category: General Awareness

    What is the fund amount allocated for developing and upgrading agricultural marketing infrastructure in the 22000 Grameen Agricultural Markets (GrAMs) and 585 APMCs Agricultural Produce Market Committee)?

    Correct

    Answer : 1. 2000 crore
    Explanation : An Agri-Market Infrastructure Fund with a corpus of `2000 crore will be set up for developing and upgrading agricultural marketing infrastructure in the 22000 Grameen Agricultural Markets (GrAMs) and 585 APMCs.

    Incorrect

    Answer : 1. 2000 crore
    Explanation : An Agri-Market Infrastructure Fund with a corpus of `2000 crore will be set up for developing and upgrading agricultural marketing infrastructure in the 22000 Grameen Agricultural Markets (GrAMs) and 585 APMCs.

  33. Question 33 of 75
    33. Question
    1 points
    Category: General Awareness

    Inorder to support the organized cultivation and associated industry, Government had allocated how much amount for the cultivation of highly specialized medicinal and aromatic plants?

    Correct

    Answer : 2. 200 crore
    Explanation : Our ecology supports cultivation of highly specialized medicinal and aromatic plants. India is also home to a large number of small and cottage industries that manufacture perfumes, essential oils and other associated products. Our Government will support organized cultivation and associated industry. A sum of `200 crore is allocated for this purpose.

    Incorrect

    Answer : 2. 200 crore
    Explanation : Our ecology supports cultivation of highly specialized medicinal and aromatic plants. India is also home to a large number of small and cottage industries that manufacture perfumes, essential oils and other associated products. Our Government will support organized cultivation and associated industry. A sum of `200 crore is allocated for this purpose.

  34. Question 34 of 75
    34. Question
    1 points
    Category: General Awareness

    Prime Minister’s Krishi Sampada Yojana is the flagship programme for boosting investment in ________________?

    Correct

    Answer: 4. Food processing
    Explanation : Food Processing sector is growing at an average rate of 8% per annum. Prime Minister’s Krishi Sampada Yojana is the flagship programme for boosting investment in food processing. Allocation of Ministry of Food Processing is being doubled from `715 crore in RE 2017-18 to `1400 crore in BE 2018-19. Government will promote establishment of specialized agro-processing financial institutions in this sector.

    Incorrect

    Answer: 4. Food processing
    Explanation : Food Processing sector is growing at an average rate of 8% per annum. Prime Minister’s Krishi Sampada Yojana is the flagship programme for boosting investment in food processing. Allocation of Ministry of Food Processing is being doubled from `715 crore in RE 2017-18 to `1400 crore in BE 2018-19. Government will promote establishment of specialized agro-processing financial institutions in this sector.

  35. Question 35 of 75
    35. Question
    1 points
    Category: General Awareness

    What is the fund allocated for the Ministry of Food Processing in the year 2017-18?

    Correct

    Answer : 1. 1400 crore
    Explanation : Allocation of Ministry of Food Processing is being doubled from `715 crore in RE 2017-18 to `1400 crore in BE 2018-19. Government will promote establishment of specialized agro-processing financial institutions in this sector.

    Incorrect

    Answer : 1. 1400 crore
    Explanation : Allocation of Ministry of Food Processing is being doubled from `715 crore in RE 2017-18 to `1400 crore in BE 2018-19. Government will promote establishment of specialized agro-processing financial institutions in this sector.

  36. Question 36 of 75
    36. Question
    1 points
    Category: General Awareness

    Which plant was referred as “Green gold” by the Finance Minister?

    Correct

    Answer :1. Bamboo
    Explanation :Bamboo is ‘Green Gold’. Government proposed to launch a Restructured National Bamboo Mission with an outlay of `1290 crore to promote bamboo sector in a holistic manner

    Incorrect

    Answer :1. Bamboo
    Explanation :Bamboo is ‘Green Gold’. Government proposed to launch a Restructured National Bamboo Mission with an outlay of `1290 crore to promote bamboo sector in a holistic manner

  37. Question 37 of 75
    37. Question
    1 points
    Category: General Awareness

    What is the fund allocated for the fisheries sector and the animal husbandry sector?

    Correct

    Answer : 5. 10,000 crore
    Explanation : Government announced the setting up of Fisheries and Aquaculture Infrastructure Development Fund (FAIDF) for fisheries sector and an Animal Husbandry Infrastructure Development Fund (AHIDF) for financing infrastructure requirement of animal husbandry sector. Total Corpus of these two new Funds would be `10,000 crore.

    Incorrect

    Answer : 5. 10,000 crore
    Explanation : Government announced the setting up of Fisheries and Aquaculture Infrastructure Development Fund (FAIDF) for fisheries sector and an Animal Husbandry Infrastructure Development Fund (AHIDF) for financing infrastructure requirement of animal husbandry sector. Total Corpus of these two new Funds would be `10,000 crore.

  38. Question 38 of 75
    38. Question
    1 points
    Category: General Awareness

    Prime Minister’s Krishi SinchaiYojna- Har Khet koPani is related to which of the following Scheme?

    Correct

    Answer : 2. Ground water irrigation scheme
    Explanation : Ground water irrigation scheme under Prime Minister Krishi Sinchai Yojna- Har Khet ko Pani will be taken up in 96 deprived irrigation districts where less than 30% of the land holdings gets assured irrigation presently. Total allocated sum for this purpose is `2600 crore.

    Incorrect

    Answer : 2. Ground water irrigation scheme
    Explanation : Ground water irrigation scheme under Prime Minister Krishi Sinchai Yojna- Har Khet ko Pani will be taken up in 96 deprived irrigation districts where less than 30% of the land holdings gets assured irrigation presently. Total allocated sum for this purpose is `2600 crore.

  39. Question 39 of 75
    39. Question
    1 points
    Category: General Awareness

    Q( 19- 26) HEALTH, EDUCATION AND SOCIAL PROTECTION

    To improve the quality of education, technology will be used to upgrade the skills of teachers through the recently launched digital portal named _________?

    Correct

    Answer : 4. Diksha
    Explanation : Technology will be the biggest driver in improving the quality of education. Our Government proposed to increase the digital intensity in education and move gradually from ‘‘black board’’ to ‘‘digital board’’. Technology will also be used to upgrade the skills of teachers through the recently launched digital portal ‘‘DIKSHA’’.

    Incorrect

    Answer : 4. Diksha
    Explanation : Technology will be the biggest driver in improving the quality of education. Our Government proposed to increase the digital intensity in education and move gradually from ‘‘black board’’ to ‘‘digital board’’. Technology will also be used to upgrade the skills of teachers through the recently launched digital portal ‘‘DIKSHA’’.

  40. Question 40 of 75
    40. Question
    1 points
    Category: General Awareness

    Ekalavya Model Residential School will be set up to provide the best quality education to the ___________ in their own environment?

    Correct

    Answer :3. Tribal Children
    Explanation : The Government is committed to provide the best quality education to the tribal children in their own environment. To realise this mission, it has been decided that by the year 2022, every block with more than 50% ST population and at least 20,000 tribal persons, will have an Ekalavya Model Residential School. Ekalavya schools will be on par with Navodaya Vidyalayas and will have special facilities for preserving local art and culture besides providing training in sports and skill development.

    Incorrect

    Answer :3. Tribal Children
    Explanation : The Government is committed to provide the best quality education to the tribal children in their own environment. To realise this mission, it has been decided that by the year 2022, every block with more than 50% ST population and at least 20,000 tribal persons, will have an Ekalavya Model Residential School. Ekalavya schools will be on par with Navodaya Vidyalayas and will have special facilities for preserving local art and culture besides providing training in sports and skill development.

  41. Question 41 of 75
    41. Question
    1 points
    Category: General Awareness

    Under Prime Minister’s Research Fellows (PMRF)” Scheme how many best B.Tech students will be identified each year and will be provided facilities to undertake Ph.D in IITs and IISc?

    Correct

    Answer : 5. 1000
    Explanation : The Government would launch the ‘‘Prime Minister’s Research Fellows (PMRF)’’ Scheme this year. Under this,they would identify 1,000 best B.Tech students each year from premier institutions and provide them facilities to do Ph.D in IITs and IISc, with a handsome fellowship. It is expected that these bright young fellows would voluntarily commit few hours every week for teaching in higher educational institutions.

    Incorrect

    Answer : 5. 1000
    Explanation : The Government would launch the ‘‘Prime Minister’s Research Fellows (PMRF)’’ Scheme this year. Under this,they would identify 1,000 best B.Tech students each year from premier institutions and provide them facilities to do Ph.D in IITs and IISc, with a handsome fellowship. It is expected that these bright young fellows would voluntarily commit few hours every week for teaching in higher educational institutions.

  42. Question 42 of 75
    42. Question
    1 points
    Category: General Awareness

    In which city, the Government has taken steps to set up a Railways University?

    Correct

    Answer : 3. Vadodara
    Explanation : Our Government has taken major initiative of setting up Institutes of Eminence. There has been tremendous response to this initiative by institutions both in public and private sectors. More than 100 applications were received. Government have also taken steps to set up a specialized Railways University at Vadodara.

    Incorrect

    Answer : 3. Vadodara
    Explanation : Our Government has taken major initiative of setting up Institutes of Eminence. There has been tremendous response to this initiative by institutions both in public and private sectors. More than 100 applications were received. Government have also taken steps to set up a specialized Railways University at Vadodara.

  43. Question 43 of 75
    43. Question
    1 points
    Category: General Awareness

    ‘‘Ayushman Bharat’’ programme is related to which sector?

    Correct

    Answer : 5. Health
    Explanation : Government announced two major initiatives as part of ‘‘Ayushman Bharat’’ programme aimed at making path breaking interventions to address health holistically, in primary, secondary and tertiary care system covering both prevention and health promotion.

    Incorrect

    Answer : 5. Health
    Explanation : Government announced two major initiatives as part of ‘‘Ayushman Bharat’’ programme aimed at making path breaking interventions to address health holistically, in primary, secondary and tertiary care system covering both prevention and health promotion.

  44. Question 44 of 75
    44. Question
    1 points
    Category: General Awareness

    Under the flagship National Health Protection Scheme, over 10 crore poor and vulnerable families will be given how much money per family per year for secondary and tertiary care hospitalization?

    Correct

    Answer : 3. upto 5 lakh
    Explanation : Government will launch a flagship National Health Protection Scheme to cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries) providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization. This will be the world’s largest government funded health care programme. Adequate funds will be provided for smooth implementation of this programme.

    Incorrect

    Answer : 3. upto 5 lakh
    Explanation : Government will launch a flagship National Health Protection Scheme to cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries) providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization. This will be the world’s largest government funded health care programme. Adequate funds will be provided for smooth implementation of this programme.

  45. Question 45 of 75
    45. Question
    1 points
    Category: General Awareness

    Under Namami Gange Programme how many projects are sanctioned for infrastructure development, rural sanitation, river surface cleaning and other interventions?

    Correct

    Answer :4. 187 projects for Rs. 16713 crore
    Explanation : Cleaning the Ganga is work of national importance and it is our firm commitment. A total of 187 projects have been sanctioned under the Namami Gange programme for infrastructure development, river surface cleaning, rural sanitation and other interventions at a cost of `16,713 crore. 47 projects have been completed and remaining projects are at various stages of execution. All 4465 Ganga Grams villages on the bank of river have been declared open defecation free.

    Incorrect

    Answer :4. 187 projects for Rs. 16713 crore
    Explanation : Cleaning the Ganga is work of national importance and it is our firm commitment. A total of 187 projects have been sanctioned under the Namami Gange programme for infrastructure development, river surface cleaning, rural sanitation and other interventions at a cost of `16,713 crore. 47 projects have been completed and remaining projects are at various stages of execution. All 4465 Ganga Grams villages on the bank of river have been declared open defecation free.

  46. Question 46 of 75
    46. Question
    1 points
    Category: General Awareness

    In order to further enhance the accessibility of quality medical education and health care, how many new Government Medical Colleges and Hospitals will be set up by upgrading existing district hospitals in the country?

    Correct

    Answer : 1. 24
    Explanation : In order to further enhance accessibility of quality medical education and health care, the Government will be setting up 24 new Government Medical Colleges and Hospitals by upgrading existing district hospitals in the country. This would ensure that there is at least 1 Medical College for every 3 Parliamentary Constituencies and at least 1 Government Medical College in each State of the country.

    Incorrect

    Answer : 1. 24
    Explanation : In order to further enhance accessibility of quality medical education and health care, the Government will be setting up 24 new Government Medical Colleges and Hospitals by upgrading existing district hospitals in the country. This would ensure that there is at least 1 Medical College for every 3 Parliamentary Constituencies and at least 1 Government Medical College in each State of the country.

  47. Question 47 of 75
    47. Question
    1 points
    Category: General Awareness

    MEDIUM, SMALL AND MICRO ENTERPRISES (MSMES) AND EMPLOYMENT Q(48-50):
    Government has allocated how much amount for the MSME Sector for giving credit support, capital and interest subsidy and innovations?

    Correct

    Answer : 4. 3794 crore
    Explanation : Medium, Small and Micro Enterprises (MSMEs) are a major engine of growth and employment in the country. Government have provided 3794 crore to MSME Sector for giving credit support, capital and interest subsidy and innovations. Massive formalization of the businesses of MSMEs is taking place in the country after demonetization and introduction of GST. This is generating enormous financial information database of MSMEs’ businesses and finances. This big data base will be used for improving financing of MSMEs’ capital requirement, including working capital.

    Incorrect

    Answer : 4. 3794 crore
    Explanation : Medium, Small and Micro Enterprises (MSMEs) are a major engine of growth and employment in the country. Government have provided 3794 crore to MSME Sector for giving credit support, capital and interest subsidy and innovations. Massive formalization of the businesses of MSMEs is taking place in the country after demonetization and introduction of GST. This is generating enormous financial information database of MSMEs’ businesses and finances. This big data base will be used for improving financing of MSMEs’ capital requirement, including working capital.

  48. Question 48 of 75
    48. Question
    1 points
    Category: General Awareness

    Government has increased the paid maternity leave from 12 weeks to ____weeks, along with the provision of crèches.

    Correct

    Answer : 4. 26
    Explanation : Inorder to boost the employment generation in the country, Government has increased the paid maternity leave from 12 weeks to 26 weeks, along with provision of crèches.

    Incorrect

    Answer : 4. 26
    Explanation : Inorder to boost the employment generation in the country, Government has increased the paid maternity leave from 12 weeks to 26 weeks, along with provision of crèches.

  49. Question 49 of 75
    49. Question
    1 points
    Category: General Awareness

    What is the proposed amount for the textile sector in 2018-19?

    Correct

    Answer : 5. 7148 crore
    Explanation :The Government had approved a comprehensive textile sector package of `6000 crore in 2016 to boost the apparel and made-up segments. For the year 2018-19, Government propose to provide an outlay of `7148 crore for the textile sector in 2018-19.

    Incorrect

    Answer : 5. 7148 crore
    Explanation :The Government had approved a comprehensive textile sector package of `6000 crore in 2016 to boost the apparel and made-up segments. For the year 2018-19, Government propose to provide an outlay of `7148 crore for the textile sector in 2018-19.

  50. Question 50 of 75
    50. Question
    1 points
    Category: General Awareness

    INFRASTRUCTURE AND FINANCIAL SECTOR DEVELOPMENT Q(51-62):
    The online monitoring system PRAGATI is related to which sector?

    Correct

    Answer : 2. Infrastructure Sector
    Explanation : Prime Minister personally reviews the targets and achievements in infrastructure sectors on a regular basis. Using online monitoring system of PRAGATI alone, projects worth 9.46 lakh crore have been facilitated and fast tracked.

    Incorrect

    Answer : 2. Infrastructure Sector
    Explanation : Prime Minister personally reviews the targets and achievements in infrastructure sectors on a regular basis. Using online monitoring system of PRAGATI alone, projects worth 9.46 lakh crore have been facilitated and fast tracked.

  51. Question 51 of 75
    51. Question
    1 points
    Category: General Awareness

    What is the total amount allocated for the Infrastructure for the year 2018-19?

    Correct

    Answer : 4. Rs.5.97 lakh crore

    Incorrect

    Answer : 4. Rs.5.97 lakh crore

  52. Question 52 of 75
    52. Question
    1 points
    Category: General Awareness

    Inorder to boost tourism sector, how many tourist spots will be developed into Iconic Tourism destinations?

    Correct

    Answer : 4. 10

    Incorrect

    Answer : 4. 10

  53. Question 53 of 75
    53. Question
    1 points
    Category: General Awareness

    What is the total fund allocated for the Railways Capital Expenditure for the year 2018-19?

    Correct

    Answer :3. Rs.148528 crore
    Explanation : Strengthening the railway network and enhancing Railways’ carrying capacity has been a major focus of the Government. Railways’ Capex for the year 2018-19 has been pegged at `1,48,528 crore. A large part of the Capex is devoted to capacity creation. 18,000 kilometers of doubling, third and fourth line works and 5000 kilometers of gauge conversion would eliminate capacity constraints and transform almost entire network into Broad Gauge.

    Incorrect

    Answer :3. Rs.148528 crore
    Explanation : Strengthening the railway network and enhancing Railways’ carrying capacity has been a major focus of the Government. Railways’ Capex for the year 2018-19 has been pegged at `1,48,528 crore. A large part of the Capex is devoted to capacity creation. 18,000 kilometers of doubling, third and fourth line works and 5000 kilometers of gauge conversion would eliminate capacity constraints and transform almost entire network into Broad Gauge.

  54. Question 54 of 75
    54. Question
    1 points
    Category: General Awareness

    What are the technologies which will be increasingly used for the safety of trains and Railways?

    Correct

    Answer : 4. All the above
    Explanation : A ‘Safety First’ policy, with allocation of adequate funds under Rashtriya Rail Sanraksha Kosh is cornerstone of Railways’ focus on safety. Maintenance of track infrastructure is being given special attention. Over 3600 kms of track renewal is targeted during the current fiscal. Other major steps include increasing use of technology like ‘‘Fog Safe’’ and ‘‘Train Protection and Warning System’’. A decision has been taken to eliminate 4267 unmanned level crossings in the broad gauge network in the next two years.

    Incorrect

    Answer : 4. All the above
    Explanation : A ‘Safety First’ policy, with allocation of adequate funds under Rashtriya Rail Sanraksha Kosh is cornerstone of Railways’ focus on safety. Maintenance of track infrastructure is being given special attention. Over 3600 kms of track renewal is targeted during the current fiscal. Other major steps include increasing use of technology like ‘‘Fog Safe’’ and ‘‘Train Protection and Warning System’’. A decision has been taken to eliminate 4267 unmanned level crossings in the broad gauge network in the next two years.

  55. Question 55 of 75
    55. Question
    1 points
    Category: General Awareness

    Between which two cities, India’s first high speed rail project (Bullet train project) foundation was laid?

    Correct

    Answer : 1. Mumbai-Ahmedabad
    Explanation : Foundation for the Mumbai-Ahmedabad bullet train project, India’s first high speed rail project was laid on September 14, 2017. An Institute is coming up at Vadodara to train manpower required for high speed rail projects.

    Incorrect

    Answer : 1. Mumbai-Ahmedabad
    Explanation : Foundation for the Mumbai-Ahmedabad bullet train project, India’s first high speed rail project was laid on September 14, 2017. An Institute is coming up at Vadodara to train manpower required for high speed rail projects.

  56. Question 56 of 75
    56. Question
    1 points
    Category: General Awareness

    Name the new initiative, under which the current airport capacity will be expanded by more than five times to handle a billion trips a year?

    Correct

    Answer : 2. NABH Nirman
    Explanation :Airport Authority of India (AAI) has 124 airports. Government has proposed to expand the airport capacity more than five times to handle a billion trips a year under a new initiative – NABH Nirman. Balance sheet of AAI shall be leveraged to raise more resources for funding this expansion.

    Incorrect

    Answer : 2. NABH Nirman
    Explanation :Airport Authority of India (AAI) has 124 airports. Government has proposed to expand the airport capacity more than five times to handle a billion trips a year under a new initiative – NABH Nirman. Balance sheet of AAI shall be leveraged to raise more resources for funding this expansion.

  57. Question 57 of 75
    57. Question
    1 points
    Category: General Awareness

    What is the sum allocated for Digital India programme for the year 2018-19?

    Correct

    Answer: 1. Rs 3073 crore
    Explanation: To invest in research, training and skilling in robotics, artificial intelligence, digital manufacturing, big data analysis, quantum communication and internet of things, Department of Science & Technology will launch a Mission on Cyber Physical Systems to support establishment of centres of excellence. Government has doubled the allocation on Digital India programme to ` 3073 crore in 2018-19.

    Incorrect

    Answer: 1. Rs 3073 crore
    Explanation: To invest in research, training and skilling in robotics, artificial intelligence, digital manufacturing, big data analysis, quantum communication and internet of things, Department of Science & Technology will launch a Mission on Cyber Physical Systems to support establishment of centres of excellence. Government has doubled the allocation on Digital India programme to ` 3073 crore in 2018-19.

  58. Question 58 of 75
    58. Question
    1 points
    Category: General Awareness

    For the creation and augmentation of Telecom infrastructure how many crore fund is allocated for the year 2018-19?

    Correct

    Answer : 5. 10000 crore
    Explanation : Task of connecting one lakh gram panchayat through high speed optical fiber network has been completed under phase I of the Bharatnet project. This has enabled broadband access to over 20 crore rural Indians in about two lakh fifty thousand villages. The Government also proposes to setup five lakh wi-fi hotspots which will provide broadband access to five crore rural citizens. The sum of `10000 crore is provided in 2018-19 for creation and augmentation of Telecom infrastructure.

    Incorrect

    Answer : 5. 10000 crore
    Explanation : Task of connecting one lakh gram panchayat through high speed optical fiber network has been completed under phase I of the Bharatnet project. This has enabled broadband access to over 20 crore rural Indians in about two lakh fifty thousand villages. The Government also proposes to setup five lakh wi-fi hotspots which will provide broadband access to five crore rural citizens. The sum of `10000 crore is provided in 2018-19 for creation and augmentation of Telecom infrastructure.

  59. Question 59 of 75
    59. Question
    1 points
    Category: General Awareness

    The Government has approved the listing of how many CPSEs (Central Public Sector Enterprises), including two insurance companies, on the stock exchanges?

    Correct

    Answer : 4. 14
    Explanation : The Government has approved listing of 14 CPSEs, including two insurance companies, on the stock exchanges. The Government has also initiated the process of strategic disinvestment in 24 CPSEs. This includes strategic privatization of Air India.

    Incorrect

    Answer : 4. 14
    Explanation : The Government has approved listing of 14 CPSEs, including two insurance companies, on the stock exchanges. The Government has also initiated the process of strategic disinvestment in 24 CPSEs. This includes strategic privatization of Air India.

  60. Question 60 of 75
    60. Question
    1 points
    Category: General Awareness

    What is the revised emolument of the President, the Vice President and the Governors?

    Correct

    Answer: 3. President-5lakh Vice President-4lakh Governors-3.5lakh
    Explanation : The emoluments of the President, the Vice President and the Governors were last revised with effect from 1st January, 2006. These emoluments are proposed to be revised to 5 lakh for the President, 4 lakhs for the Vice President and to 3.5 lakh per month for the Governors.

    Incorrect

    Answer: 3. President-5lakh Vice President-4lakh Governors-3.5lakh
    Explanation : The emoluments of the President, the Vice President and the Governors were last revised with effect from 1st January, 2006. These emoluments are proposed to be revised to 5 lakh for the President, 4 lakhs for the Vice President and to 3.5 lakh per month for the Governors.

  61. Question 61 of 75
    61. Question
    1 points
    Category: General Awareness

    To commemorate whose 150th birth anniversary, our Government has earmarked 150 crore in the year 2018-19?

    Correct

    Answer 2. Mahatma Gandhi
    Explanation Our country will commemorate 150th birth anniversary of Mahatma Gandhi, Father of the Nation, from 2nd October, 2019 to 2nd October 2020. The Government and the People of India will rededicate them, through their actions, to the ideals that the Mahatma taught and lived by. A National Committee, chaired by the Prime Minister, which includes Chief Ministers of all the States, representatives from across the political spectrum, Gandhians, thinkers and eminent persons from all walks of life, has been constituted to formulate a Commemoration Programme. The Government has earmarked `150 crore for the year 2018-19 for the activities leading to the Commemoration.

    Incorrect

    Answer 2. Mahatma Gandhi
    Explanation Our country will commemorate 150th birth anniversary of Mahatma Gandhi, Father of the Nation, from 2nd October, 2019 to 2nd October 2020. The Government and the People of India will rededicate them, through their actions, to the ideals that the Mahatma taught and lived by. A National Committee, chaired by the Prime Minister, which includes Chief Ministers of all the States, representatives from across the political spectrum, Gandhians, thinkers and eminent persons from all walks of life, has been constituted to formulate a Commemoration Programme. The Government has earmarked `150 crore for the year 2018-19 for the activities leading to the Commemoration.

  62. Question 62 of 75
    62. Question
    1 points
    Category: General Awareness

    FISCAL MANAGEMENT Q(63-70):
    What will be the total expenditure amount allocated for the Financial year 2018-19?

    Correct

    Answer 2. Rs. 24.42 lakh crore

    Explanation For 2018-19, Total Expenditure will be Rs. 24.42 lakh crore

    Incorrect

    Answer 2. Rs. 24.42 lakh crore

    Explanation For 2018-19, Total Expenditure will be Rs. 24.42 lakh crore

  63. Question 63 of 75
    63. Question
    1 points
    Category: General Awareness

    Finance Minister has projected a Fiscal Deficit of _______% of Gross Domestic Product (GDP) for the year 2018-19?

    Correct

    Answer : 2. 3.3%
    Explanation : Our Government assumed office in May, 2014 when fiscal deficit was running at very high levels. Fiscal Deficit for 2013-14 was 4.4% of GDP. The Prime Minister and the Government have always attached utmost priority to prudent fiscal management and controlling fiscal deficit. Fiscal Deficit was brought down to 4.1% in 2014-15 to 3.9% in 2015-16, and to 3.5% in 2016-17. Revised Fiscal Deficit estimates for 2017-18 are `5.95 lakh crore at 3.5% of GDP. Government is projecting a Fiscal Deficit of 3.3% of GDP for the year 2018-19.

    Incorrect

    Answer : 2. 3.3%
    Explanation : Our Government assumed office in May, 2014 when fiscal deficit was running at very high levels. Fiscal Deficit for 2013-14 was 4.4% of GDP. The Prime Minister and the Government have always attached utmost priority to prudent fiscal management and controlling fiscal deficit. Fiscal Deficit was brought down to 4.1% in 2014-15 to 3.9% in 2015-16, and to 3.5% in 2016-17. Revised Fiscal Deficit estimates for 2017-18 are `5.95 lakh crore at 3.5% of GDP. Government is projecting a Fiscal Deficit of 3.3% of GDP for the year 2018-19.

  64. Question 64 of 75
    64. Question
    1 points
    Category: General Awareness

    For senior citizens, the exemption of interest income on deposits, with banks and post offices are proposed to be increased from Rs. 10,000 to ____________?

    Correct

    Answer : 2. Rs. 50,000
    Explanation :For the Senior citizens, Exemption of interest income on deposits with banks and post offices to be increased from `10,000/- to `50,000/- and TDS shall not be required to be deducted on such income, under section 194A. This benefit shall be available also for interest from all fixed deposits schemes and recurring deposit schemes.

    Incorrect

    Answer : 2. Rs. 50,000
    Explanation :For the Senior citizens, Exemption of interest income on deposits with banks and post offices to be increased from `10,000/- to `50,000/- and TDS shall not be required to be deducted on such income, under section 194A. This benefit shall be available also for interest from all fixed deposits schemes and recurring deposit schemes.

  65. Question 65 of 75
    65. Question
    1 points
    Category: General Awareness

    Long Term Capital Gains exceeding Rs. 1 lakh will be taxed at the rate of _____%?

    Correct

    Answer : 3. 10%
    Explanation : Currently, long term capital gains arising from transfer of listed equity shares, units of equity oriented fund and unit of a business trust are exempt from tax. Now, Government has proposed to tax such long term capital gains exceeding 1 lakh at the rate of 10% without allowing the benefit of any indexation. However, all gains up to 31st January, 2018 will be grandfathered.

    Incorrect

    Answer : 3. 10%
    Explanation : Currently, long term capital gains arising from transfer of listed equity shares, units of equity oriented fund and unit of a business trust are exempt from tax. Now, Government has proposed to tax such long term capital gains exceeding 1 lakh at the rate of 10% without allowing the benefit of any indexation. However, all gains up to 31st January, 2018 will be grandfathered.

  66. Question 66 of 75
    66. Question
    1 points
    Category: General Awareness

    In an attempt to promote ‘Make in India’, the Customs duty on mobile phones has been increased from 15% to_____%?

    Correct

    Answer :3. 20%
    Explanation : Customs duty on mobile phones has been increased from 15 percent to 20 percent. This is an attempt to incentivise ‘Make in India’.

    Incorrect

    Answer :3. 20%
    Explanation : Customs duty on mobile phones has been increased from 15 percent to 20 percent. This is an attempt to incentivise ‘Make in India’.

  67. Question 67 of 75
    67. Question
    1 points
    Category: General Awareness

    Because of the implementation of GST, the Central Board of Excise and Customs (CBEC) will be renamed as _________________?

    Correct

    Answer : 4. Central Board of Indirect Taxes and Customs (CBIC)
    Explanation : With the roll out of GST, Government proposed to change the name of Central Board of Excise and Customs [CBEC] to Central Board of Indirect Taxes and Customs (CBIC). The necessary changes in law for this are proposed in the Finance Bill.

    Incorrect

    Answer : 4. Central Board of Indirect Taxes and Customs (CBIC)
    Explanation : With the roll out of GST, Government proposed to change the name of Central Board of Excise and Customs [CBEC] to Central Board of Indirect Taxes and Customs (CBIC). The necessary changes in law for this are proposed in the Finance Bill.

  68. Question 68 of 75
    68. Question
    1 points
    Category: General Awareness

    There is a 3% cess on personal income tax and corporation tax consisting of 2% cess for primary education and 1% cess for secondary and higher education. This existing 3% education cess will be increased as 4% and will be replaced by __________________ cess?

    Correct

    Answer : 5. Health and Education Cess
    Explanation : There is a 3% cess on personal income tax and corporation tax consisting of 2% cess for primary education and one per cent cess for secondary and higher education. In order to take care of the needs of education and health of BPL and rural families, the Government has increased this cess by 1%. The existing 3% education cess will be replaced by a 4% “Health and Education Cess” to be levied on the tax payable. This will enable us to collect an estimated additional amount of 11,000 crores.

    Incorrect

    Answer : 5. Health and Education Cess
    Explanation : There is a 3% cess on personal income tax and corporation tax consisting of 2% cess for primary education and one per cent cess for secondary and higher education. In order to take care of the needs of education and health of BPL and rural families, the Government has increased this cess by 1%. The existing 3% education cess will be replaced by a 4% “Health and Education Cess” to be levied on the tax payable. This will enable us to collect an estimated additional amount of 11,000 crores.

  69. Question 69 of 75
    69. Question
    1 points
    Category: General Awareness

    To help the cashew processing industry, the customs duty on raw cashew is reduced from 5% to _____%?

    Correct

    Answer : 4. 2.5%
    Explanation :To help the cashew processing industry, Government proposed to reduce customs duty on raw cashew from 5% to 2.5%.

    Incorrect

    Answer : 4. 2.5%
    Explanation :To help the cashew processing industry, Government proposed to reduce customs duty on raw cashew from 5% to 2.5%.

  70. Question 70 of 75
    70. Question
    1 points
    Category: General Awareness

    Q(71-76) : E-OFFICE AND E-GOVERNANCE INITIATIVES IN CENTRAL MINISTRIES AND DEPARTMENTS
    Name the Project which was proposed to digitize and make the functioning of all State Legislatures paperless?

    Correct

    Answer : 1. e-Vidhan
    Explanation : Project “e-Vidhan‟ is to digitize and make the functioning of all State Legislatures paperless.

    Incorrect

    Answer : 1. e-Vidhan
    Explanation : Project “e-Vidhan‟ is to digitize and make the functioning of all State Legislatures paperless.

  71. Question 71 of 75
    71. Question
    1 points
    Category: General Awareness

    What are the services that will be made available in the Universally Computerized E-Courts?

    Correct

    Answer :4. 1&2
    Explanation : E-Courts, to bring about universal computerization of all Districts and Subordinate Courts, use of cloud computing and availability of e-services like e-filing and e-payments as well.

    Incorrect

    Answer :4. 1&2
    Explanation : E-Courts, to bring about universal computerization of all Districts and Subordinate Courts, use of cloud computing and availability of e-services like e-filing and e-payments as well.

  72. Question 72 of 75
    72. Question
    1 points
    Category: General Awareness

    What is the Disinvestment target for the Financial year 2018-19?

    Correct

    Answer : 2. Rs.80000 crore
    Explanation : The Disinvestment target for 2018-19 is Rs.80000 crore.

    Incorrect

    Answer : 2. Rs.80000 crore
    Explanation : The Disinvestment target for 2018-19 is Rs.80000 crore.

  73. Question 73 of 75
    73. Question
    1 points
    Category: General Awareness

    Which three Public Sector Insurance companieswill be mergedinto a single insurance entity?

    Correct

    Answer : 4. a) National Insurance b) United India Assurance c) Oriental India insurance
    Explanation : Three Public Sector Insurance companies – National Insurance Co. Ltd., United India Assurance Co. Ltd., and Oriental India insurance Co. Ltd., will be merged into a single insurance entity.

    Incorrect

    Answer : 4. a) National Insurance b) United India Assurance c) Oriental India insurance
    Explanation : Three Public Sector Insurance companies – National Insurance Co. Ltd., United India Assurance Co. Ltd., and Oriental India insurance Co. Ltd., will be merged into a single insurance entity.

  74. Question 74 of 75
    74. Question
    1 points
    Category: General Awareness

    Under which pass, Government of India has planned to construct a tunnel to strengthen the connectivity infrastructure in border areas to secure the country’s defence?

    Correct

    Answer : 2. Sela Pass
    Explanation : The Central Government has decided to construct a tunnel in Arunachal Pradesh bordering China. This tunnel will go through Sela Pass. This is to strengthen the connectivity infrastructure in border areas to secure the country’s defence.

    Incorrect

    Answer : 2. Sela Pass
    Explanation : The Central Government has decided to construct a tunnel in Arunachal Pradesh bordering China. This tunnel will go through Sela Pass. This is to strengthen the connectivity infrastructure in border areas to secure the country’s defence.

  75. Question 75 of 75
    75. Question
    1 points
    Category: General Awareness

    What is the total amount allocated under MUDRA scheme for the Financial Year 2018-19?

    Correct

    Answer :3. 3 Lakh
    Explanation : Government has enhanced the lending target under the MUDRA Yojana, which funds the self-employed, to Rs 3 lakh crore for the 2018-19 fiscal. Launched in April 2015, Rs 4.6 lakh crore credit has been sanctioned under the scheme so far to 10.38 crore beneficiaries.

    Incorrect

    Answer :3. 3 Lakh
    Explanation : Government has enhanced the lending target under the MUDRA Yojana, which funds the self-employed, to Rs 3 lakh crore for the 2018-19 fiscal. Launched in April 2015, Rs 4.6 lakh crore credit has been sanctioned under the scheme so far to 10.38 crore beneficiaries.


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