1. In the Union Budget 2015-16, rate of Service Tax was hiked from 12% to ____.
(1) 13%
(2) 14%
(3) 15%
(4) 14.5%
(5) None of these
2. In the Union Budget 2015-16, Fiscal deficit seen at how much per cent of GDP in 2015/16?
(1) 3.9 %
(2) 4.1 %
(3) 4.5%
(4) 5%
(5) None of these
3. How much amount has been allocated to the Rural Infrastructure Development Bank in the Union Budget 2015-16?
(1) Rs. 5,300 crore
(2) Rs.35,700 crore
(3) Rs. 25,00 crore
(4) Rs. 70,000 crore
(5) Rs. 46,200 crore
4. According to the Union Budget 2015-16, two new IIM will be opened in which of the following states?
(1) Jammu & Kashmir and Punjab
(2) Andhra Pradesh and Himachal Pradesh
(3) Assam and Andhra Pradesh
(4) Jammu & Kashmir and Andhra Pradesh
(5) None of these
5. According to the Union Budget 2015-16, Non-Banking Financial Companies (NBFCs) registered with Reserve Bank of India (RBI) above _______ will be now considered as financial institutions?
(1) Rs. 10,000 crore
(2) Rs. 5,000 crore
(3) Rs. 2000 crore
(4) Rs. 1000 crore
(5) Rs. 500 crore
6. How much amount has been allocated for Rural Employment Guarantee Scheme in the Union Budget 2015-16?
(1) 448.70 billion rupees
(2) 552.12 billion rupees
(3) 346.99 billion rupees
(4) 213.57 billion rupees
(5) 129.99 billion rupees
7. How much amount has been allocated to Defence sector in the Union Budget 2015-16?
(1) Rs. 2,46,726 crore
(2) Rs. 4,35,627 crore
(3) Rs. 3,25,925 crore
(4) Rs. 5,16,636 crore
(5) None of these
8. According to the Union Budget, how much per cent of Revenue Deficit to be seen in 2015-16?
(1) 3.1%
(2) 2.8%
(3) 2.75%
(4) 1.3%
(5) None of these
9. According to the Union Budget 2015-16, how much per cent, rate of corporate tax will be reduced over next four years?
(1) 35%
(2) 30%
(3) 25%
(4) 20%
(5) 15%
10. According to the Union Budget 2015-16, now details of PAN has to mentioned compulsory for transactions for more than _____.
(1) Rs. 1 lakh
(2) Rs. 2 lakh
(3) Rs. 50,000
(4) Rs. 60,000
(5) None of these
11. In the Union Budget 2015-16, increase in the limit of health insurance premium from current Rs 15,000 to ____.
(1) Rs. 20,000
(2) Rs. 25,000
(3) Rs. 35,000
(4) Rs. 30,000
(5) Rs. 18,000
12. How much amount has been allocated for micro-irrigation watershed projects in the Union Budget 2015-16?
(1) Rs. 4,500 Crore
(2) Rs. 3,300 Crore
(3) Rs. 5,300 Crore
(4) Rs. 6,200 Crore
(5) Rs. 2,700 Crore
13. How much amount has been allocated to Infrastructure sector in the Union Budget 2015-16?
(1) Rs. 1 Lakh crore
(2) Rs. 80,000 crore
(3) Rs 50,000 crore
(4) Rs. 70,000 crore
(5) None of these
14. According to the Union Budget 2015-16, Visa on arrival for how many countries?
(1) 100
(2) 150
(3) 200
(4) 50
(5) 75
15. According to the Union Budget 2015-16, Centre of film production, animation and gaming to come up in _____.
(1) Maharashtra
(2) Uttar Pradesh
(3) Kerala
(4) Arunachal Pradesh
(5) New Delhi
Answers Key:
1 (2)
2 (1)
3 (3)
4 (4)
5 (2)
6 (3)
7 (1)
8 (2)
9 (3)
10 (1)
11 (2)
12 (3)
13 (4)
14 (2)
15 (4)
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