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Monday, May 17, 2010

Current Affairs April 2010 - APPSC




Union Budget Quiz - APPSC


1.How many crores are allocated for National Ganga River Basin Authority (NGRBA) in the Union Budget 2010-11?

a)100 crore b)250 crore c)500 crore d)1000 crore e)2000 crore

2. Which of the following is true regarding Income tax slabs in the Union Budget 2010-11?

a)No Income tax up to Rs. 1.8 lakh
b)10% for income above Rs. 1.8 lakh and up to Rs. 6 lakh
c) 20% for income above Rs. 6 lakh and up to Rs. 8 lakh
d)30% for income above Rs. 8 lakh.
e)All are true

3. How many crores are allocated for Mahatma Gandhi National Rural Employment Guarantee Scheme in the Union budget 2010-11?

a)37,100 cr b)40,100 cr c)48,000 cr d)32,000 cr e)None of these

4. The Minimum Alternate Tax(MAT) has been changed to ____ from 15% on book profits of Companies?

a)16% b)12% c)18% d)14% e)remain unchanged.

5. In the Union Budget 2010-11, Rs. 16,500 crore are allocated for Public Sector Banks(PSB) in order to attain a minimum of ____ percent Tier-1 capital by March 31st, 2011?

a)8% b)6% c) 11% d)5% e)10%

6. How much amount is allocated for Mahila Kisan Sashatikaran pariyojajana to meet needs of women farmers in the Union Budget 2010-11?

a)50 crores b)75 crore c)100 crore d)125 crore e)200 crore

7. What is the target set for agriculture credit flow for the year 2010-11?

a)3 lakh crore b)3.25 lakh crore c)3.5 lakh crore d)3.75 lakh crore e)none

8. What is the proposed Fiscal Deficit for the year 2010-11?

a)4.8% b)7.8% c)5% d)6.9% e)5.5%

9. To which of the following schemes there is a 700% increase in the Union Budget 2010-11 over the previous budget?

a)Rajiv Awas Yojana b)Indira Awas Yojana c)Pradhan Mantri Gram Adarsh Gram Yojana
d)National Social Assistance Programme e)National Rural Health Mission

10. What is the Total amount used in the Union Budget 2010-11?

a)12akh crore b)9 lakh crore c)10 lakh crore d)11 lakh crore e)none

11. How many crores are allocated to the Unique Identification Authority of India (UIDAI) for 2010-11?

a)120 crore b)500 crore c)1,600 crore d)1,000 crore e)1900 crore

12. What is the expected GDP growth in the fiscal year 2009-10?

a)7.7% b)6.9% c)7.9% d)7.5% e)7.2%

13. Which of the following is true in the Union Budget 2010-11?

a) Government will raise Rs35,000 crore from divestment of its stake in state-owned firms.
b) Rs200 crore provided for climate-resilient agriculture initiative.
c) Rs1,73,552 crore provided for infrastructure development.
d) Rs500 crore allocated for solar and hydro projects for the Ladakh region in Jammu & Kashmir.
e)All are true

14. In the Union Budget 2010-11, Rs. 1,47, 344 crore are allocated for which of the following?

a)Rural Development b)Defence c)Infrastructure d)Social Service e)Energy

15. Government to give ______ for each National Pension Scheme account opened by workers in the unorganized sector?

a)Rs. 400 b)Rs. 500 c)Rs.800 d)Rs. 1000 e)Rs. 1500

16. Which of the following is not true in the Union Budget 2010-11?

a)Rs.2,600 crore allocated for ministry of minorities affair.
b) Banking facilities to be provided to all habitations with a population of 2,000 and more.
c) Central excise duty on all non-petroleum products raised to 10% from 8%.
d) Gross tax receipts pegged at Rs7,46,656 crore for 2010-11, non-tax revenues at Rs1,48,118 crore.
e)50% percent hike in allocation for schemes for women and child development.

17. A/c to the Economic Survey 2009-10, India is the ____largest Gold holding nation at 557 tonnes in the World?

a)3rd b)8th c)5th d)10th e)11th

18. A/c to the Economic Survey, India is placed at which place in Wireless Network mobile users in the World?

a)first b)second c)Third d)fourth e)fifth

19. As per the Economic Survey 2009-10, India is ranked fourth in the World in terms of foreign exchange reserves at $283. Billion. Which country having the world's largest foreign exchange reserves?

a)China b)US c)Japan d)Russia e)none of these

20. Which of the following is true regarding Economic Survey 2009-10?

a)Gradual roll back of stimulus steps unveiled in the wake of the global financial meltdown.
b) 4.34 crore households have been provided employment under the National Rural Employment Guarantee Scheme (NREGS) in the fiscal year 2009-10.
c) Infant mortality rate (IMR) is expected to fall below 30 in every 1,000 live births by 2012
d) The Indian pharmaceutical industry has become the third largest in world in terms of volume.
e)All are true


Answers

1. c)2. d)3. b)4. c)5. a)6. c)7. d)8. e)9. a)10. d)11. e) Ans. 1900 Cr12. e)13. c)14. b)15. d)16. d)17. d)18. b)19. a)20. e)