BUDGET 2013-14 PRACTICE QUESTIONS

1)Pavan Kumar Bansal represents, which of the following Constituencies?
1. Amritsar 
2. Ahmedabad 
3. Chandigarh 
4. Sangrur

2)Which of the following state has been bought into the railway net work for the first time?   
1. Manipur 
2. Assam
3. Tripura 
4. Arunachal Pradesh

3)A8ording to Railway Budget Freight earning to go by?
1. 7% 
2. 8%
3. 9% 
4. 10%

4)Which of the following is true?
1. Steep increase in input costs have been met with hike in Freight rates
2. Indian Railways is aware of the problems of the IRCTC website, and will create a next generation e-ticketing system by end of this year, Bansal said.
3. Aadhar can be helpful for Railways in much respect, from booking tickets to tracking pension of rail employees.
4. All the above

5)Railway Minister has said that a special luxury coach, with the best of ameneties, will run, in selected trains and named it as?
1. Anubhuti 
2. Safety
3. Vikas 
4. Samardh

6)The amount allocated by Planning commi-ssion (budgetary support to Railways)?
1. 3.19 lakhs 
2. 4.19 lakhs
3. 5.19 lakhs 
4. 6.19 lakhs

7)Which of the following is true about Indian Railways?
1. Railways were first introduced to India in 1853 from Bombay to Thane.
2. In 1951 the systems were nationalized as one unit, the Indian Railways
3. Indian Railways is the worlds ninth largest commercial or utility employer
4. All the above

8)The Rail Neer Bottling plants would be set up in
1. Vijayawada, Mumbai, Lalitput, Bilaspur, Patna, Ahmedabad
2. Ahmedabad, Jaipur, Vijayawada, Nagpur, Lalitpur, Bilaspur
3. Bilaspur, Vijayawada, Kolkata, Nanded, Lalitpur, Jaipur
4. Nanded, Kolkata, Vijayawada, Ludhiana, Lalitpur, Jaipur

9)Which of the following is/are true as per new Railway budget?
1. Year hike of 5% of charges proposed for 10 years
2. In future, ticket charge may be indexed to fuel price
3. Train protection warning in automatic systems will be introduced
4. All the above

10)How much percentage of RPF vacancies reserved for women?    
1. 10% 
2. 15% 
3. 20% 
4. 25%

11)Which of the following is true about recent General Budget 2013-14?
1. The total expenditure for 2013-14 is the Rs 16, 65, 297
2. The plan expenditure is the Rs 5, 55, 322 crore
3. Non-plan expenditure Rs 11, 09, 975crore
4. All the above

12)Which of the following is true?
1. Chidambaram presented the his eighth Annual budget in Parliament, second highest by any other in the country
2. It was 82nd Budget, which includes interim and special-situation budgetary proposals
3. Former Prime Minister Morarji Desai presented budget for 10 times.
4. All the above

13)How much is allocated for Nirbhaya fund?
1. Rs 800 crore 
2. Rs 900 crore 
3. Rs 1000 crore 
4. Rs 1100 crore

14)How many private radio FM stations will be covered in this financial year?
1. 289 
2. 290 
3. 291 
4. 292

15)The first Independent India’s budget was presented by? 
1. Morarji Desai 
2. Shankumham chetty 
3. Deshmukh 
4. Nehru

16)Income limit for tax saving Rajiv Gandhi Equity Savings scheme is raised to Rs 12 lakh from?
1. Rs 8 lakh 
2. Rs 9 lakh
3. Rs 10 lakh 
4. Rs 11 lakh

17)Which of the following is true?
1. Rs 532 crore to make post offices part of core banking
2. Proposal to launch inflation indexed bonds or inflation indexed national security certificates to protect savings from inflation
3. India’s first women’s bank as a PSU proposed, Rs 1000 crore working capital announced
4. All the above

18)How much amount is allocated for Drinking water and Sanitation?
1. Rs 80, 194 crore 
2. Rs 81, 194 crore
3. Rs 82, 194 crore 
4. Rs 83, 195 crore

19)In which of the following place an Institute for agricultural Bioteechnology will be set up?
1. Patiala 
2. Ahmedabad
3. Ranchi 
4. Patna

20)As per Economic Survey the India’s economy expected to grow between 6.1% to
1. 6.5% 
2. 6.6% 
3. 6.7% 
4. 6.8%

21)Inflation expected to fall between 6.2% and by March?
1. 6.6% 
2. 6.7% 
3. 6.8% 
4. 6.9%

22)As per survey report, which of the following sector amounted for the largest share?
1. Health 
2. Sports
3. Education 
4. Employment

23)A8ording to survey, the food inflation mainly driven by
1. Cereal Prices 
2. Subsidies 
3. Oil 
4. None of these

24)As per Economic Survey, which of the following is true about Indian Tourism?
1. The Indian tourism sector needs an urgent image makeover and higher investment in infrastructure, including through Public-Private Partnership
2. Global tourist arrivals are expected to increase by 43 million every year on an average from 2010 to 2030.
1. Only 1 correct 
2. Only 2 correct
3. Both correct 
4. Both wrong

25)Which of the following is true as per Economic survey, tabled in the parliament?
1. As per 12th Five Year Plan approach paper, Indias travel and tourism sector is estimated to create 78 jobs per million rupees of investment compared to 45 jobs per million rupees in the manufacturing sector
2. As per Tourism Satellite A8ount (TSA) data 2009-10, the contribution of tourism to Indias GDP was 6.8 per cent (3.7 per cent direct and 3.1 per cent indirect) and its contribution to total employment generation was 10.2 percent
3. At present Indian Tourism has a paltry share of 0.64 per cent in world tourist arrivals
4. All the above

26)Who among the following is the Chief advisor to the Finance Minister?
1. Rangarajan 
2. Raghuram Rajan
3. Kaushik Basu 
4. Shome

27) The Economic Survey says that the Fiscal Deficit in Financial Year 2013, to be contained at? 
1. 5.1% 
2. 5.2% 
3. 5.3% 
4. 5.4%

28)Fiscal Consolidation road map says that deficit at 3% by Financial year?    
1. 2014 
2. 2015 
3. 2016 
4. 2017

ANSWERS:

1) 3 2) 4 3) 3 4) 4 5) 1 6) 3 7) 4 8) 2 9) 4 10) 1 11) 4 12) 4 13) 3  14) 1 15) 2 16) 3 17) 4 18) 1 19) 3 20) 3  21) 1 22) 3 23) 1  24) 3 25) 4 26) 2 27) 3 28) 4