Practice Questions on Economic Survey+Union Budget+Railway Budget 2016-17

1. The Economic Survey, prepared by:

a) Arvind Subramanian
b) Arun jaitely
c) Jayant Sinha
d) All of these
2. It said the benefits were given to the well-off on small savings schemes and tax or subsidy
policies on six commodities. Which one is not under those:
a) Aviation Fuel
b) Kerosene
c) Petrol
d) Gold
3. Economic Survey 2015-16 projects that the real GDP growth for the current financial year and for
2016-17 will be in the range of ..
a) 7 8 %
b) 7.5 8 %
c) No Change
d) 7 7.5 %
4. The Economic Survey enumerated three downside risks. Which one is not among them
a) oil prices rise would increase the drag from consumption
b) options a) and c)
c) turmoil in global could worsen the outlook of exports.
d) Subsidy in LPG will hampered the Growth
5. CPI inflation seen around 4.5 to . in 2016/17
a) 5%
b) 6%
c) 7%
d) 6.5%
6. 2016 17 current account deficit seen around .. of/in GDP
a) 1-2%
b) 1-1.5%
c) 1.5-2%
d) No change
7. Estimated capital requirement for banks likely around Rs trillion by 2018/19
a) 1.9
b) 2.2
c) 2.0
d) 1.8

8. To infuse capital in state-run banks what Government is planning to do?

a) To sell off Non Financial Companies
b) To reduce its shares from Banks
c) To sell Government Securities
d) All of the above
9. The Ministry of Finance is an important ministry within the Government of India. It concerns
itself with
a) taxation
b) financial legislation
c) financial institutions
d) All of the above
10. Who was the first Finance Minister of India?
a) John Mathai
b) C.D. Deshmukh
c) Moraji Desai
d) Liaquat Ali Khan
***Answers***
1-A
2-C
3-D
4-D
5-A
6-B
7-D
8-A
9-D
10-D

***One Liners***
What will be the new name for Department of Disinvestment as announced in the Union Budget
for 2016-17? Department of Investment and Public Asset Management
..
What is the name given to a new Cess of 0.5% imposed on all taxable services introduced in the
Union Budget 2016-17 for helping countrys agriculture sector? Krishi Kalyan Cess
..
How much fund for recapitalization of Public sector banks was announced in the Union Budget
for 2016-17? Rs. 25,000 crore
..
The Govt. has proposed to provide digital literacy for how many countrymen as announced in the
Budget? 6 crore
..
Union Finance Minister Arun Jaitley announced a unified market for agri produce in his Union
Budget for 2016-17. Under it a pan-India e-Platform for agri products will be launched after states
amend APMC Act. This platform has been proposed to be launched on which occasion?
Babasaheb Ambedkars birth anniversary
..
How much infrastructure cess (Infra Cess) on small cars was proposed in the Union Budget
2016-17?
1%
..
The deduction limit under which section of the Income Tax Act was raised from Rs 2,000 to Rs
5,000 per annum in the Union Budget 2016-17? Section 87A (Under Section 87A, taxpayers first
reduce Rs 2,000 from their total tax payable. This section applies to those with total income of less
than Rs 5 lakh)
..
How much tax relief was announced in the Union Budget 2016-17 for taxpayers who do not own
a house and dont get house rent allowance from employers? From Rs. 24,000 to Rs. 60,000
..
What important announcement pertaining to Aadhaar was done in the Union Budget 2016-17?
Aadhaar will be given a statutory status (However, Aadhaar will not confer proof of domicile or
citizenship)
..
What important announcement pertaining to PSU general insurance companies was announced in
the Union Budget 2016-17 These companies will be listed now
..
Which important announcement pertaining to fertilizer subsidy was announced in the Union
Budget 2016-17 A pilot Direct Benefit Transfer (DBT) scheme for fertilizer will be launched
during 2016-17
..
What is the deadline for 100% village electrification as announced in the Union Budget 2016-17
1 May 2018

 ..
What is level of fiscal deficit for 2016-17 as proposed in the budget? 3.5% of GDP
..
What the proposed Current Account Deficit (CAD) is for 2016-17 as announced in the Union
Budget for 2016-17? 1.4% of GDP
..
How much fund was allocated for pulses production in the Union Budget 2016-17? Rs. 500
crore
..
How much fund was allocated for the Accelerated Irrigation Benefits Programme (AIBP) in the
Union Budget 2016-17? Rs. 17,000 crore
..
How much fund was proposed for meeting initial cost of proving LPG connections for rural areas
as announced in the Budget for 2016-17? Rs. 2,000 crore (This scheme will continue for 5 years
and will cover all BPL households)
..
How many airports of the country were declared in the unused and underused category for which
Rs. 150 crore (each) will be provided as announced in the Budget for 2016-17? 160
..
100% FDI in through Foreign Investment Promotion Board (FIPB) was announced in the Union
Budget for 2016-17? For marketing of food produce manufactured and processed in India
..
What was the total allocation for agriculture and farmer welfare in the Union Budget 2016-17?
Rs. 35,984 crore
..
What was the total allocation for MGNREGA in the Union Budget 2016-17? Rs. 38,500 crore
(This was the highest ever amount spend on MGNREGA in a year)
..
How much funds will be provided as aid to Gram Panchayats during 2016-17 as announced in the
Union Budget 2016-17 2.87 lakh crore

1. Finance Minister Arun Jaitley announced the nine pillars for the Union Budget 2016-2017.
Which of the following is not included in the nine pillars?
a) Agriculture and farmers' welfare
b) Fiscal discipline
c) Tax reforms to reduce compliance burden
d) Special focus on working women
2. As per the Union Budget 2016-2017, how many hectares of land will be brought under
irrigation under the Pradhan Mantri Krishi Sichai Yojana?
a) 28.5 lakh hectares
b) 32.5 lakh hectares
c) 22.6 lakh hectares
d) 11.2 lakh hectares
3. As per the Union Budget 2016-2017, what is the amount allocated for the Swachch Bharat
Abhiyan?
a) 10,000 crore rupees
b) 9,000 crore rupees
c) 11,000 crore rupees
d) 6,000 crore rupees
4. The Union Budget 2016-2017 saw the highest ever amount allocated for the rural
employment scheme MNREGA. What is that amount?.
a) 40,000 crore rupees
b) 50,500 crore rupees
c) 38,500 crore rupees
d) 39,500 crore rupees
5. In the Union Budget 2016-2017, Arun Jaitley set a target of electrifying 100 per cent
villages by
a) 1 May 2018
b) 1 June 2018
c) 1 May 2017
d) 1 May 2019
6. In the Union Budget 2016-17, excise duty on tobacco products except bidis has been raised
by
a) 12-13%
b) 10-15%
c) 15-17%
d) 10-12%
7. As per the Union Budget 2016-17, how much amount was allocated towards Agriculture
and Farmerswelfare?
a) 34,980 crore rupees
b) 40,500 crore rupees
c) 35,984 crore rupees
d) 36,000 crore rupees

8. In the Union Budget 2016-17, Arun Jaitley announced creation of a dedicated Long Term
Irrigation Fund in NABARD. What will be the initial corpus of the fund?
a) About 15,000 crore rupees
b) About 10,000 crore rupees
c) About 16,000 crore rupees
d) About 20,000 crore rupees
9. How many Rurban Clusters will be developed under the Shyama Prasad Mukherjee
Rurban Mission?
a) 300
b) 200
c) 400
d) 500
10. Name the proposed structure scheme announced in the Union Budget 2016-17 to help
Panchayat Raj Institutions deliver Sustainable Development Goals.
a) Rashtriya Gram Abhiyan
b) Rashtriya Gram Swaraj Abhiyan
c) National Village Self-governance Scheme
d) Rashtriya Gram Swasashan Abhiyan
11. How many stores will be opened under Prime Ministers Jan Aushadhi Yojana during
2016-17?
a) 1000
b) 2000
c) 3000
d) 4000
12. Name the proposed programme that will be started under National Health Mission
through public-private partnership mode to provide dialysis services to renal patients in all
district hospitals across the country.
a) National Services Programme for Renal Patients
b) National Dialysis Programme
c) National Dialysis Services Project
d) National Dialysis Services Programme
13. As per the Union Budget 2016-17, how much amount has been allocated to celebrate the
Birth Centenary of Pandit Deen Dayal Upadhyay and the 350th Birth Anniversary of Guru
Gobind Singh?
a) 100 crore rupees
b) 50 crore rupees
c) 25 crore rupees
d) 20 crore rupees
14. What will be the EPF contribution of the Government of India for all new employees for
the first three years of their employment?
a) 8%
b) 8.33%
c) 7.33%
d) 6.5%

15. As per the Union Budget 2016-17, how much per cent of FDI will be allowed through
FIPB route in marketing of food products produced and manufactured in India?
a) 88%
b) 99%
c) 100%
d) 49%
16. How much amount has been allocated towards recapitalisation of Public Sector Banks?
a) 50,000 crore rupees
b) 20,000 crore rupees
c) 35,000 crore rupees
d) 25,000 crore rupees
17. As per the Union Budget 2016-17, target of amount sanctioned under Pradhan Mantri
Mudra Yojana has been increased to
a) 1,80,000 crore rupees
b) 1,90,000 crore rupees
c) 1,70,000 crore rupees
d) 2,00,000 crore rupees
18. Name the proposed programme that aims at connecting people through exchanges in
areas of language,trade, culture, travel and tourism.
a) Unity in Diversity
b) Ek Bharat Shreshtha Bharat
c) Unity in Diversity: One India
d) Shreshtha Bharat Ek Bharat
19. To lessen tax burden on individuals with income up to 5 lakh rupees, the ceiling of tax
rebate under section 87A has been raised from 2000 rupees to
a) 3000 rupees
b) 7000 rupees
c) 5000 rupees
d) 6000 rupees
20. Union Government announced Krishi Kalyan Cess of 0.5% on all taxable services to
fund farm initiatives. The cess will be effective from
a) 1 April 2016
b) 1 May 2016
c) 1 June 2016
d) 1 July 2016
Answers
1-(d)
6-(b)
11-(c)
16-(d)
2-(a)
7-(c)
12-(d) 17-(a)
3-(b)
8-(d)
13-(a) 18-(b)
4-(c)
9-(a)
14-(b) 19-(c)
5-(a)
10-(b) 15-(c)
20-(c)

**Rail Budget**
1. Theme of the Budget was:
a) Naya Yug, Nayi Rail
b) Humara Kal humare haatho mein
c) Chalo Milkar kuch naya karein
d) Life Line of India A Change
e) None of the above
2. Railway Budget of 2016-17 is based on three pillars they are:
a) Nav Arjan (New Revenues)
b) Nav Manak (New Norms)
c) Nav Sanrachna (New Structures)
d) all of the above
e) only a) and b) options
3. Launched two Trains to improve Quality of Travel (for unreserved passengers),these are:
a) Antyodya Express
b) Deen Dayalu Express
c) Srishthi Express
d) only b) and c)
e) only a) and b)
4. Launched three Trains to improve Quality of Traverl (for reserved passengers),these are:
a) Humsafar, Tejas and Uday
b) Tejas, Antyodya and Gatiman
c) Dirubhargh, Sahayak and Humsafar
d) Sarathi Seva, Bandhu and Uday
e) No one of the above
5. Cancellation facility through __________ helpline number will be provided using One
Time Password sent on registered phone number.
a) 144
b) 123
c) 139
d) 119
e) 105
6. Enhanced capacity of e-ticketing system from 2000 tickets/min to _______/min.
a) 7,200
b) 5,400
c) 2,500
d) 10,980
e) 3,240
7. Launched Worlds first Biotoilet Train. Named as:
a) Deen Dayalu Express
b) Himsagar janshatabadi Express
c) Dirubharg Rajdhani Express
d) Kokan Express
e) Sawachhta Express

8. Introduced _________ in Konkan Railway to help old and disabled passengers.

a) Sahayak Express
b) Viklaang Seva Express
c) Divyaang Express
d) Sarathi Seva
e) Konkan Divyang Janshatabdi
9. How many stations to be re-developed through PPP?
a) 100
b) 200
c) 350
d) 400
e) 500
10. What is Sahayak?
a) New Superfast Train
b) Upcoming Event made for Disabeled Persons
c) Coolies new name
d) Railway Magazine (including Railways upcoming ventures)
e) None of the above
11. Indian Railway will publish new Magazine in all regional language. The name of that
Magazine is:
a) Rail Line
b) Big Thing, Big Way
c) Rail Prakashan
d) Rail Bandhu
e) Bharat Shayak Rail
12. Indias first rail auto hub will be located in:
a) Kolkata
b) Chennai
c) Delhi
d) New Delhi
e) Manipur
13. LIC has agreed to invest _________ lakh crore rupees over 5 years:
a) 1.5
b) 1.0
c) 2.3
d) 0.9
e) 2.0
14. Find odd one out
a) Delhi-Chennai
b) Kharagpur-Mumbai
c) Kharagpur-Vijayawada
d) Gujarat Agra
e) Any of the above

15. Indian Railway will be provided a device to their Gang Men which would be wireless
enabled and will intimate them about approaching trains. The Device will called:
a) Surakhsha
b) Lethal Weapon
c) Rail Rakshak
d) Shaktimaan
e) Rakshak
16. _____ percent sub-quota for women under all reserved categories
a) 30
b) 35
c) 33
d) 40
e) 50
17. 2 states of North East India will be connected through Broad Gauge. They are:
a) Manipur and Meghalaya
b) Sikkim and Manipur
c) Meghalaya and Assam
d) Mizoram and Arunachal Pradesh
e) Manipur and Mizoram
18. TCAS full form is:
a) Train Collision Advance System
b) Train Complement Accident Software
c) Train Collision Avoidance Software
d) Train Collision Avoidance System
d) Train Collision Avoidance System
e) None of the above
19. Mission PACE deals with
a) Protection of nature
b) Help Customers
c) Fast Ticketing System
d) Quality of Goods and Services
e) Complete Delayed Projects
20. A separate Railway Budget, which is different from the General Budget, was first
introduced in 1924 on the basis of recommendations of the 10-member:
a) Acworth Commtt.
b) Srinivas Shastri Commtt.
c) Rail Budget Commtt.
d) Sultan Commtt.
e) R.N Mukhrjee Commtt.

Answers
1-(c)
2-(d)
3-(e)
4-(a)
5-(c)

6-(a)
7-(c)
8-(d)
9-(d)
10-(c)

11-(d)
12-(b)
13-(a)
14-(d)
15-(e)

16-(c)
17-(e)
18-(d)
19-(d)
20-(a)

1.There are nine pillars for the Union Budget 2016-17. Which of the following is not included
in the nine pillars?
a) Agriculture and farmers' welfare
b) Fiscal discipline
c) Tax reforms to reduce compliance burden
d) Special focus on working women
2 How many hectares of land will be brought under irrigation under the Pradhan Mantri
Krishi
Sichai Yojana?
a) 28.5 lakh hectares
b) 32.5 lakh hectares
c) 22.6 lakh hectares
d) 11.2 lakh hectares
3 As per the Union Budget 2016-17, what is the amount allocated for the Swachch Bharat
Abhiyan?
a) 10,000 crore rupees
b) 9,000 crore rupees
c) 11,000 crore rupees
d) 6,000 crore rupees
4 In the Budget 2016-2017, highest ever amount allocated for the rural employment scheme
MNREGA. What is that amount?
a) 40,000 crore rupees
b) 50,500 crore rupees
c) 38,500 crore rupees
d) 39,500 crore rupees
5 As per Union Budget 2016-2017, Electrifying 100 per cent villages will be done by
a) 1 May 2018
b) 1 June 2018
c) 1 May 2017
d) 1 May 2019
6 As per Union Budget 2016-17, excise duty on tobacco products except bidis has been raised
by
a) 12-13%
b) 10-15%
c) 15-17%
d) 10-12%

7 As per the Union Budget 2016-17, how much amount was allocated towards Agriculture
and Farmers welfare?
a) 34,980 crore rupees
b) 40,500 crore rupees
c) 35,984 crore rupees
d) 36,000 crore rupees
8 As per Union Budget 2016-17, Long Term Irrigation Fund in NABARD to be created.
What will be the initial corpus of the fund?
a) About 15,000 crore rupees
b) About 10,000 crore rupees
c) About 16,000 crore rupees
d) About 20,000 crore rupees
9 How many Rurban Clusters will be developed under the Shyama Prasad Mukherjee
Rurban Mission?
a) 300
b) 200
c) 400
d) 500
10 Name the proposed structure scheme announced in the Union Budget 2016-17 to help
Panchayat Raj Institutions deliver Sustainable Development Goals.
a) Rashtriya Gram Abhiyan
b) Rashtriya Gram Swaraj Abhiyan
c) National Village Self-governance Scheme
d) Rashtriya Gram Swasashan Abhiyan
11 How many Medical stores will be opened under Prime Ministers Jan Aushadhi Yojana
during 2016-17?
a) 1000
b) 2000
c) 3000
d) 4000
12 The programme will be started under National Health Mission through public-private
partnership mode to provide dialysis services to renal patients in all district hospitals across
the country.
a) National Services Programme for Renal Patients
b) National Dialysis Programme
c) National Dialysis Services Project
d) National Dialysis Services Programme
13 As per the Union Budget 2016-17, how much amount has been allocated to celebrate the
Birth Centenary of Pandit Deen Dayal Upadhyay and the 350th Birth Anniversary of Guru
Gobind Singh?
a) 100 crore rupees
b) 50 crore rupees
c) 25 crore rupees
d) 20 crore rupees

14 What will be the EPF contribution of the Government of India for all new employees for
the first three years of their employment?
a) 8%
b) 8.33%
c) 7.33%
d) 6.5%
15 As per the Union Budget 2016-17, how much per cent of FDI will be allowed through
FIPB route in marketing of food products produced and manufactured in India?
a) 88%
b) 99%
c) 100%
d) 49%
16 How much amount has been allocated towards recapitalisation of Public Sector Banks?
a) 50,000 crore rupees
b) 20,000 crore rupees
c) 35,000 crore rupees
d) 25,000 crore rupees
17 As per the Union Budget 2016-17, target of amount sanctioned under Pradhan Mantri
Mudra Yojana has been increased to
a) 1,80,000 crore rupees
b) 1,90,000 crore rupees
c) 1,70,000 crore rupees
d) 2,00,000 crore rupees
18 Name the proposed programme that aims at connecting people through exchanges in
areas of language, trade, culture, travel and tourism.
a) Unity in Diversity
b) Ek Bharat Shreshtha Bharat
c) Unity in Diversity: One India
d) Shreshtha Bharat Ek Bharat
19 To lessen tax burden on individuals with income up to 5 lakh rupees, the ceiling of tax
rebate under section 87A has been raised from 2000 rupees to
a) 3000 rupees
b) 7000 rupees
c) 5000 rupees
d) 6000 rupees
20 Union Government announced Krishi Kalyan Cess of 0.5% on all taxable services to fund
farm initiatives. The cess will be effective from
a) 1 April 2016
b) 1 May 2016
c) 1 June 2016
d) 1 July 2016

Answers
1-(d)
2-(a)
3-(b)
4-(c)
5-(a)

6-(b)
7-(c)
8-(d)
9-(a)
10-(b)

11-(c)
12-(d)
13-(a)
14-(b)
15-(c)

16-(d)
17-(a)
18-(b)
19-(c)
20-(c)

1. Banks get Rs crore towards recapitalisation of PSB:

a) 25,000
b) 10,000
c) 30,000
d) 15,000
2. Target of disbursement under MUDRA increased to . crore
a) 1 Lakh
b) 1.5 Lakh
c) 1. 8 Lakh
d) 2.2 Lakh
3. . will be listed in the stock exchange.
a) Private Sector Banks
b) Public Sector Banks
c) General Insurance companies
d) All of the above
4. This budget has dedicated irrigation fund in NABARD of Rs cr
a) 25,000
b) 20,000
c) 30,000
d) 15,000
5. Nominal premium and highest ever compensation in case of crop loss under the
a) PM Fasal Bima Yojna
b) PM Krishi Sinchai Yojna
c) Rashtriya Krishi Vikas Yojna
d) Gramin Bhandaran Yojna
6. Total allocation for agriculture and farmer welfare at Rs crores
a) 35984
b) 42000
c) 35000
d) 23570
7. Govt will amend in passenger vehicle segment to allow innovation.
a) Motor Vehicle Act
b) Customer Act
c) Small and Heavy Vehicle Act
d) All of the above

8. 100 per cent FDI in marketing of produced and marketed in India

a) Mobile Phones
b) Private Sector Banks
c) Food Products
d) Insurance Companies
9. New greenfield ports to be developed on east and . coasts
a) West
b) North
c) South
d) North-East
10. Dedicated Rs. . crore for roads and highways. Total allocation for road
construction, including PMGSY, Rs 97,000 crore.
a) 60,000
b) 55,000
c) 50,000
d) 40,000
11. to be given option to remain open all seven days in a week across markets.
a) Malls
b) Private Offices
c) Banks
d) Shops
12. Objective to skill 1 crore youth in the next 3 years under the .
a) Startup, Standup
b) PM Kaushal Vikas Yojna
c) PM Rozgaar Bhatta Yojna
d) Deen Dayal Upadhyaay Grameen Kaushalaya Yojna
13. Senior citizens will get additional healthcare cover of Rs under the new scheme
a) 25,000
b) 45,000
c) 30,000
d) 12,000
14. Pollution cess of per cent on small petrol, LPG and CNG cars; . per cent on
diesel cars of certain specifications; .. per cent on higher-end models.
a) 1, 2, 3
b) 1, 2.5, 4
c) 1.5, 2, 4
d) 1.5, 2.5, 4
15. 0.5 per cent . Cess to be levied on all services.
a) Swachh Bharat
b) Krishi Kalyan
c) Kaushal Vikas
d) None of the above

16. Rs 1,000 crore allocated for new EPF scheme. Full form of EPF:
a) Employees Provision Fund
b) Employees Provident Fund
c) Employement Provident Fund
d) Employees Partially Fund
17. Swacch Bharat Abhiyan allocated Rscrores.
a) 10,000
b) 9,500
c) 9,000
d) 8,500
18. 300 urban clusters to be set up under Mission
a) Shyama Prasad Mukherji Rurban
b) Smart City
c) AMRUT
d) PM Awas Yojna
19. How much schemes are proposed for Animal Welfare?
a) 4
b) 5
c) 3
d) 2
20. After this budget What will turn Costlier?
a) Tobacco
b) Cigar
c) Cigarette
d) All of the above
Answers
1-(a)
2-(c)
3-(c)
4-(b)
5-(a)

6-(a)
7-(a)
8-(c)
9-(a)
10-(b)

11-(d)
12-(b)
13-(c)
14-(b)
15-(b)

16-(b)
17-(c)
18-(a)
19-(a)
20-(d)

1. In the Union Budget the Union Finance Minister announced the setting up of which a
irrigation fund in which of the following bodies?
a) NABARD
b) Regional Rural Banks
c) Union Ministry of Rural Development
d) Gram Panchayats
2. Which of the following cess have been announced in the Union Budget 2016-17?
a) Swachh Bharat Cess
b) Clean energy cess
c) Krishi Kalyan Cess
d) Land revenue cess
3. As per the Union Budget 2016-17 E-Pashudhan Haat which is to be created will function
as a
_______________?
a) E market portal for breeders and farmers
b) E Dairy product portal
c) E portal for export of dairy products
d) Portal for providing fodder
4. The Higher Education Financing agency which was announced in the budget 2016-17 is
being set up to
support which of the following in institutions of higher education?
a) Higher education degrees
b) Scholarships
c) Infrastructure
d) Research
5. As per the announcement made in the Budget 2016-17 the Department of Disinvestment
will be renamed as
which of the following?
a) Department of Asset Management
b) Department of Public Disinvestment
c) Department of Investment
d) Department of Investment and Asset Management
Answers.
1.a)
2.c)
3.a)
4.c)
5.d)

Q.1. What is the fiscal deficit target for the year 2016-17?
Answer. 3.5% of GDP
Q.2. At how much cost 2 locomotive factories to be set up?
Answer: Rs 40,000 crore
Q.3. Name the scheme that will be launched to link States and Districts.
Answer. Ek Bharat Shreshtha Bharat
Q.4. What is vision of this year Railway budget?
Answer: "My vision is to make railways backbone of Indias progress & economic development."
Q.5. For the benefit of farmers, how much percent FDI through FIPB route will be permitted
for marketing of food products, produced and manufactured in India?
Answer. 100% FDI
Q.6.Railway electrification to be increased by what percent?
Answer: 50 per cent to 2,000 km route during FY17.
Q.7. How much percent Lower berth quota for senior citizens to be increased?
Answer: 50%
Q.8. How many Multi Skill Training Institutes will be set up under Pradhan Mantri Kaushal Vikas
Yojana?
Answer. 1500
Q.9. A New Health Protection scheme will be launched which will provide health cover up to
how much amount per family?
Answer. Rs. 1 lakh
Q.10. Unified Agricultural Marketing E Platform to be dedicated to the Nation on the
Birthday of which famous personality on 14th April, 2016?
Answer. Dr. B.R. Ambedkar
Q.11. What is the total outlay on irrigation including market borrowings in the budget for the
year 2016-17?
Answer. Rs. 12,157 crore
Q.12. How much amount will be given as Grant in Aid to Gram Panchayats and
Municipalities as per the recommendations of the 14th FC?
Answer. Rs. 2.87 lakh crore
Q.13. Which act will be amended to strengthen Asset Reconstruction Companies which will
help in dealing with stressed assets of Banks?
Answer. SARFAESI Act
Q.14. How much amount Railways is aiming to hit revenues during 2016-17 financial year.
Answer: Rs. 1.84 lakh crore
Q.15. How much Amount Railways save in 2015-16 on account of lower fuel and electricity
costs?
Answer: Rs. 8,720 crore
Q.16. What is the total amount that will be spent on capital expenditure of roads and railways
in 2016-17?
Answer. Rs. 2,18,000 crore
Q.17. How much amount is allocated for celebrating Birth Centenary of Pt Deen Dayal
Upadhyay and 350th Birth Anniversary of Guru Gobind Singh?
Answer. 100 Crore

Q.18. Government of India will pay EPS contribution of how much percent for all new
employees enrolling in EPFO for the first three years of employment which will be applicable
to those with salaries of Rs. 15,000 per month?
Answer. 8.33%
Q.19. Focus to Swacch Bharat Scheme, ---------------bio-toilets and additional toilets to be
provided by end of this Fiscal Year.
Answer: 17,000
Q.20.How much percentage of sub-quota for women in each of the reserved categories will be
introduced
Answer: 33%

Thats all.Study Hard....

Note: Some questions can repeat as they are compiled from various sites
Compiled by: https://telegram.me/kulbirgr8