Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI ,Railways 2018 Exam Questions,SBI Clerk 2018,UPSC,NDA,CDS,CPO and other Competitive Exams .  Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI, Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI

Budget 2018 Best 50 Expected Questions/Answers

Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI

Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI -Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI

Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI
Which body in consultation with Central and State Governments, will put in place a fool-proof mechanism so that farmers will get adequate price for their produce?

  • NAFED
  • NABARD
  • Niti Aayog
How many rural haats will be developed and upgraded into Gramin Agricultural Markets (GrAMs)?

  1. 30,000
  2. 10,000
  3. 19.000
  4. 22,000
In order to curb TB the Govt will provide how much rupees per month to all the TB patients during their duration of treatment?

  1. Rs 600
  2. Rs 1000
  3. Rs 500
  4. Rs 850
which scheme is launched for management and conversion of cattle dung and solid waste in farms to compost, fertilizer, bio-gas and bio-CNG?

  1. Gau- Dhan
  2. GOBAR – Dhan
  3. Waste Decompose Scheme
  4. Bio – fertilizer scheme
Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY) has benefitted 5.22 crore families with a life insurance cover of `2 lakh on payment of a premium of only `______per annum.

  1. 400/-
  2. 330/-
  3. 280/-
  4. 500/-
It is proposed to onboard ______and _______on Trade Electronic Receivable Discounting System (TReDS) platform and link this with GSTN?

  1. Nafed & Corporates
  2. PSBs & Corporates
  3. Pvt Companies & Agriculture
  4. Agriculture & Public Banks
Under National Health Protection Scheme govt will cover 10 crore poor and vulnerable families providing coverage up to ________rupees per family per year for secondary and tertiary care hospitalization?

  1. 2 lakh
  2. 5 lakh
  3. 3.5 lakh
  4. 4 lakh
To step up investments in research and related infrastructure in premier educational institutions, including health institutions a major initiative named ‘‘Revitalising Infrastructure and Systems in Education (RISE) will be launched by year _____?

  1. 12019
  2. 2020
  3. 2022
  4. 2021
To help the cashew processing industry, govt has reduced customs duty on raw cashew from 5% to what per cent?

  1. 4%
  2. 3.5%
  3. 2.5%
  4. 3%
Customs duty on mobile phones has been increased from 15% to _____?

  1.  17%
  2. 20%
  3. 22 %
  4. 18%
The existing three per cent education cess has been increased by what per cent?

  1.  2%
  2.  1%
  3.  0.55
  4.  1.55
The govt has proposed to tax such long term capital gains exceeding `1 lakh at the rate of ______ % without allowing the benefit of any indexation.

  1. 10%
  2. 8%
  3. 7.5%
  4. 6.5%
Pradhan Mantri Vaya Vandana Yojana up to which year under which an assured return of 8% is given by Life Insurance Corporation of India.? 

  1. March, 2022
  2. March, 2020
  3. March, 2021
  4. March,2019
what is the disinvestment target for Financial Year 2018-19:

  1. 80,000 crore
  2. 1,00,000 crore
  3. 50,000 crore
  4. 75,000 crore

Answer:- a

Consider the following statements in reference to block chain technology.

  1. It allows organization of any chain of records or transactions without the need of intermediaries.
  2. The Government does not consider crypto-currencies legal.
  3. The Indian Government will explore use of blockchain technology proactively for ushering in digital economy.

Which of the statement given above is/are correct? Select the answer using the codes given below

  1. i, and iii only
  2. ii and iii only
  3. ii only
  4. i, ii, and iii

Answer: – c

Which among the following will initiate a national program to direct our efforts in the area of artificial intelligence, including research and development of its applications?

  1. NITI Aayog
  2. Department of Computer Science & Engineering
  3. Both (a) and (b)
  4. None of the above

Answer: – a

Raising the limit of deduction for medical expenditure in respect of certain critical illness from, `60,000/- in case of senior citizens and from `80,000/- in case of very senior citizens, to `______in respect of all senior citizens, under section 80DDB.

  1. 1,00,00/-
  2. 90,000/-
  3. 1,20,000/-
  4. 1,50,000/-
GOBAR-DHAN scheme is associated with which among the following sector.

  1. Milk production
  2. Organic fertilizer production
  3. Organic farming
  4. Cattle production

Answer: – 1

All senior citizens will now be able to claim benefit of deduction up to `_________per annum in respect of any health insurance premium and/or any general medical expenditure incurred

  1. 1,00,00/-
  2. 50,000/-
  3.  45,000/-
  4. 60,000/-
For senior citizens, Exemption of interest income on deposits with banks and post offices to be increased from `10,000/- to `_________and TDS shall not be required to be deducted on such income, under section 194A.

  1. 50,000
  2. 40,000
  3. 15,000
  4. 25,000
To provide relief to salaried taxpayers a standard deduction of ___________ is allowed in lieu of the present exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses.

  1. 50,000/-
  2. 45,000/-
  3. 40,000/-
  4. 30,000/-
The specialized Railways University will be set up at-

  1. Gurugram
  2. Hyderabad
  3. Nagpur

Answer: – 2

Which among the following recently launched digital portal will also be used to upgrade the skills of teachers.

  1. DIKSHA
  2. VIDHYA
  3. SIKSHA
  4. GURUKUL

Answer: – 1

For developing and upgrading agricultural marketing infrastructure, which among the following steps will be taken

  1. An Agri-Market Infrastructure Fund with a corpus of 1000 crore will be set up.
  2. The Grameen Agricultural Markets and agricultural produce market committee will be connected online.

Select the answer using the codes given below:

  1. i only
  2. ii only
  3. Both i and ii
  4. None

Answer: – 2

Which among the following steps will be taken by Government for promotion of organic farming.

  1. Farmer Producer Organizations and Village Producers Organizations in large clusters, preferably of 1000 hectares each, will be encouraged.
  2. Women Self Help Groups (SHGs) will also be encouraged to take up organic agriculture in clusters under National Rural Livelihood Programme.

Select the answer using the codes given below:

  1. i only
  2. ii only
  3. Both i and ii
  4. None

Answer: – 3

Which of the following new Scheme launched by government to address price fluctuations in potato, tomato and onion for benefit of farmers and consumers.

  1. Operation Flood
  2. Operation Greens
  3. Operation Reds
  4. Operation Round

Answer:- 2

Consider the following statement with regarding the potential of agri-exports.

  1. India’s agri-exports potential is as high as US $ 50 billion
  2. Indian current agri-exports is US $ 30 billion.
  3. To realize this potential, export of agri-commodities will be liberalized.

Which of the statement given above is/are correct?Select the answer using the codes given below:

  1. i, and iii only
  2. ii and iii only
  3. ii only
  4. i, ii, and iii

Answer: – 2

The Prime Minister personally reviews the targets and achievements in infrastructure sectors on a regular basis, Using which among the online monitoring system

  1. RMSA Academic Monitoring System
  2. DelREMO
  3. eSuvidha
  4. PRAGATI – Ans
Under the Bharatmala Pariyojana an estimated cost of Rs.5,35,000 crore has been approved its Phase-I, about how much kms road construction in its Phase-I.

  1. 35,000 kms
  2. 87,430 kms
  3. 20,000 kms
  4. 12,000 kms

Answer:- 1

Consider the following statement with reference to Indian economy?

  1. India among the fastest growing economies of the world.
  2. Country is on course to achieve over 8 % growth as manufacturing, services and exports back on good growth path.

Which of the statement given above is/are correct? Select the answer using the codes given below:

  1. i only
  2. ii only
  3. Both i and ii
  4. None

Answer: – 3

Which of the following are the New Funds announced in union Budget 2018-19.

  1. Fisheries and Aqua culture Infrastructure Development Fund
  2. Animal Husbandry Infrastructure Development Fund
  3. National Bamboo Mission Fund
  4. Agri-Market Infrastructure Fund

Select the answer using the codes given below:

  1. i and ii only
  2. i, ii and iv only
  3. iii and iv only
  4. i, ii, iii and iv

Answer: – 2

Consider the following statement regarding the Loans to Women Self Help Groups in union budget 2018-19

  1. Loans to Women Self Help Groups will increase to Rs.75,000 crore in 2019.
  2. It increased to grow about 37% over previous year.

Which of the statement given above is/are correct? Select the answer using the codes given below:

  1. i only
  2. ii only
  3. Both i and ii
  4. None

Answer: – 3

In union budget 2018-19, the government announced setting up Ekalavya Model Residential School, Consider the following statement about it.

  1. It will provide the best quality education to the tribal childrenin their own environment
  2. by 2022 it will be build in every block with more than 50% ST population.
  3. It will focus on preserving local art and culture.

Which of the statement given above is/are correct? Select the answer using the codes given below:

  1. i and ii only
  2. ii and iii only
  3. iii only
  4. i, ii and iii

Answer: – 4

Which of the following statement is correct about the RISE by 2022 announced by government in Union budget 2018-19?

  1. It is to step up investments in Education.
  2. It is to step up investments in health.
  3. It is to step up investments in telecommunication.
  4. It is to step up investments in sports.

Answer: – 1

The Government allocated Rs.600 crore to provide nutritional support to which whom an at what rate per month for the duration of their treatment.

  1. TB patients at Rs.500
  2. Pregnant women at Rs.1200
  3. Malnutrition patient Rs.1000
  4. TB patients at which Rs.800

Answer: – 1

Consider the following statement regarding the MUDRA Yojana.

  1. MUDRA Yojana launched in April 2016.
  2. 76% of loan accounts are of women it now.
  3. It is proposed to set a target of Rs.3 lakh crore for lending for 2018-19.
  4. It has successfully exceeded the targets in all previous years.

Which of the statement given above is/are correct? Select the answer using the codes given below:

  1. i and ii only
  2. iii only
  3. iii and iv only
  4. ii, iii and iv

Answer: – 4

Consider the following statement with reference Fiscal Deficit

  1. Revised Fiscal Deficit estimates for 2017-18 are `5.95 lakh crore at 3.5% of GDP.
  2. The projected Fiscal Deficit of 3.3% of GDP for the year 2018-19.

Which of the statement given above is/are INCORRECT? Select the answer using the codes given below:

  1. i only
  2. ii only
  3. Both i and ii
  4. None

Answer:- 4

Consider the following statement with reference to cleaning the Ganga.

  1. A total of 187 projects have been sanctioned under the Namami Gange programme in union budget 2018-19.
  2. All 4465 Ganga Grams have been declared open defecation free.

Which of the statement given above is/are correct?

Select the answer using the codes given below:

  1. i only
  2. ii only
  3. Both i and ii
  4. None

Answer: – 3

Consider the following statements reference to the infrastructure need of India

  1. Infrastructure is the one of the growth driver of Indian economy.
  2. It is estimated that investment in excess of Rs.50 lakh crore is needed for development Infrastructure.
  3. Government announced on infrastructure for 2018-19 to Rs.5.97 lakh crore.

Which of the statement given above is/are correct?Select the answer using the codes given below:

  1. i, and iii only
  2. ii and iii only
  3. ii only
  4. i, ii, and iii

Answer: – 3

 Which among the following statement is given INCORRECT?

  1. The domestic air passenger traffic grew at slow  18% per annum
  2. Regional connectivity scheme of UDAN connect 56 unserved airports and 31 unserved helipads across the country.
  3. Airport Authority of India (AAI) has 124 airports.
  4. Government has expand airport capacity more than five times to handle a billion trips a year under a new initiative – NABH Nirman

Answer:- 1

 To harness the benefit of emerging new technologies, particularly the ‘Fifth Generation’ (5G) technologies and its adoption, the Department of Telecom will support establishment of an indigenous 5G Test Bed at-

  1. IIT, Chennai.
  2. IIT, Kanpur
  3. IIT, Mumbai
  4. IIT, New delhi

Answer:- 1

 Consider the following Reliefs to Senior Citizens proposed in Union budget 2018-19

  1. Exemption of interest income on deposits with banks and post offices to Rs. 50,000.
  2. Hike in deduction limit for health insurance premium.
  3. Increase in deduction limit for medical expenditure for certain critical illness

Which of the statement given above is/are correct?Select the answer using the codes given below:

  1. i, and iii only
  2. ii and iii only
  3. i only
  4. i, ii, and iii

Answer: – 2

 Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI

Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI – Budget 2018 Best 50 Expected Questions/Answers Free PDF IBPS,SBI

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