Dear aspirants,
Finance minister Nirmala Sitharaman presented the Union Budget for 2021-22 today. Today’s Quiz is based on the Budget and it includes the latest Pattern Questions asked in Various exams last year. Percentage, Ratio, and DI questions based on the Budget are included in the Quiz.
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Q1. Fund allocation to northeast region increased to Rs 58166 crore in the year 2021, which is 21% more than the previous year. What was the allocation is the year 2020 ?
(a) 48071 Crore
(b) 47011 Crore
(c) 43011 Crore
(d) None of these
Q2. 25 percent of Sourcing for government projects will be from MSME, of which 3% will be from women entrepreneurs, if 10000 projects were to be sourced by the government then the number of government projects sourced from MSME which are owned by women entrepreneurs ?
(a) 85
(b) 75
(c) 95
(d) 65
Q3. For salaried parsons, the standard deduction for Income tax is being raised from current Rs 40000 to Rs 50000. By how much percent standard deduction is increased ?
(a) 32%
(b) 40%
(c) 25%
(d) 15%
Directions (4-8): Following Bar-graph shows the earnings of Railways from freight & passengers.
Q4. What is the increase in the Earnings from freight from 2018-19 to 2019–20 ?
(a) 7.8%
(b) 6.9%
(c) 7.3%
(d) None of these
Q5. What is the average of earnings from passengers for all the years :
(a) 129939
(b) 129935
(c) 129926
(d) None of these
Q6. Earnings from passengers in 2020–21 is what percentage of Earnings from freight in 2018 – 19 ?
(a) 290.9%
(b) 250.9%
(c) 293.9%
(d) 283.9%
Q7. Average Earnings from passenger of all the year together is by how much percent more than the average earnings from freight all the yeas taken together ?
(a) 130%
(b) 140%
(c) 148%
(d) None of these
Q8. What is the percentage increase in the earnings from passenger in year 2019-20 from previous year ?
(a)10%
(b) 20%
(c) 30%
(d) 40%
Q9. Non-tax revenue collection in 2020-21 is budgeted at Rs. 272647 Crore as compared to Rs. 245276 Crore is 2019-20 , This shows an increase of how much percentage ?
(a) 12.50%
(b) 11.15%
(c) 12.95%
(d) 13.15%
Q10. 80% Increase in the tax base of Rs. 3.79 Crore is recorded in the five years. Find the Ratio of new tax base to old tax base ?
(a) 379 : 682
(b) 379 : 647
(c) 379 : 657
(d) None of these
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Solutions
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