imp questions based on union budget 2021-22

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Page 1: IMP Questions Based on Union Budget 2021-22
Page 2: IMP Questions Based on Union Budget 2021-22

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IMP Questions Based on Union Budget 2021-22

By – DreamBigInstitution.com (SUPER Current Affairs)

1. How many pillars of the Union Budget 2021-22 are announced by the Finance

Minister?

a) 4

b) 5

c) 6

d) 7

Answer -C

6 pillars of the Union Budget 2021-22:

1. Health and Wellbeing

2. Physical & Financial Capital, and Infrastructure

3. Inclusive Development for Aspirational India

4. Reinvigorating Human Capital

5. Innovation and R&D

6. Minimum Government and Maximum Governance

2. Which of the following statements are TRUE regarding the Union Budget 2021-

22?

a) First ever digital Union Budget

Page 3: IMP Questions Based on Union Budget 2021-22

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b) Presented by Union Minister of Finance and Corporate Affairs Smt. Nirmala

Sitharaman

c) Six Pillars are announced

d) All the above

Answer - D

3. Under Health and Wellbeing, which one of the following is not among the major

three areas?

a) Preventive

b) Curative

c) Wellbeing

d) Diagnosis

Answer - D

4. How much Rupees is allocated for COVID-19 Vaccine?

a) Rs. 15000 Crore

b) Rs. 25000 Crore

c) Rs. 35000 Crore

d) Rs. 45000 Crore

Answer - C

Rs. 35000 Crore. A sum of Rs. 2,23,846 crore outlay for Health and Wellbeing in

Union Budget 2021-22 as against Rs. 94,452 crore in Union Budget 2020-21 – an

increase of 137%.

5. The Pradhan Mantri Aatma Nirbhar Swasth Bharat Yojana is associated with

________.

a) Education

b) Health Sysytems

c) Rural Development

Page 4: IMP Questions Based on Union Budget 2021-22

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d) Drinking Water

Answer - B

Main interventions under PM AatmaNirbhar Swasth Bharat Yojana:

1. National Institution for One Health

2. 17,788 rural and 11,024 urban Health and Wellness Centers

3. 4 regional National Institutes for Virology

4. 15 Health Emergency Operation Centers and 2 mobile hospitals

5. Integrated public health labs in all districts and 3382 block public health units in 11

states

6. Critical care hospital blocks in 602 districts and 12 central institutions

7. Strengthening of the National Centre for Disease Control (NCDC), its 5 regional

branches and 20 metropolitan health surveillance units

8. Expansion of the Integrated Health Information Portal to all States/UTs to connect all

public health labs

9. 17 new Public Health Units and strengthening of 33 existing Public

Health Units

10. Regional Research Platform for WHO South-East Asia Region

11. 9 Bio-Safety Level III laboratories

6. Mission Poshan 2.0 is associated with ______.

a) Education

b) Infrastructure

c) Nutrition

d) Telecommunication

Answer - C

Page 5: IMP Questions Based on Union Budget 2021-22

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Mission Poshan 2.0 to be launched:

To strengthen nutritional content, delivery, outreach, and outcome

Merging the Supplementary Nutrition Programme and the Poshan Abhiyan

Intensified strategy to be adopted to improve nutritional outcomes across 112

Aspirational Districts

7. Jal Jeevan Mission (Urban) aims at providing how many household tap

connections?

a) 1.68 Crore

b) 2.86 Crore

c) 3.48 Crore

d) 4.96 Crore

Answer - B

8. How much Rupees is allocated for Urban Swachh Bharat Mission 2.0?

a) Rs. 1,41,678 crore

b) Rs. 2,41,678 crore

c) Rs. 3,41,678 crore

d) Rs. 4,41,678 crore

Answer - A

Main interventions under Swachh Bharat Mission (Urban) 2.0:

1. Complete faecal sludge management and waste water treatment

2. Source segregation of garbage

3. Reduction in single-use plastic

4. Reduction in air pollution by effectively managing waste from construction-and-

demolition activities

5. Bio-remediation of all legacy dump sites

Page 6: IMP Questions Based on Union Budget 2021-22

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9. According to the Scrapping Policy, personal vehicles and commercial vehicles

can be used for ______ and _____ years respectively.

a) 15 and 20

b) 10 & 15

c) 15 & 18

d) 20 & 25

Answer- A

10. MITRA is associated with ____.

a) Space Research

b) Textile

c) Agriculture

d) Pharma Industry

Answer - B

Textile. MITRA stands for Mega Investment Textiles Parks. A total oof 7 Textile

Parks to be established over 3 years.

11. What is the full form of NIP?

a) National Infrastructure Proceedings

b) National Infrastructure Plan

c) National Infrastructure Pipeline

d) National Infrastructure Portfolio

Answer – C

Measures in three thrust areas to increase funding for NIP:

Creation of institutional structures

Big thrust on monetizing assets

Enhancing the share of capital expenditure

Page 7: IMP Questions Based on Union Budget 2021-22

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12. Bharatmala Pariyojana is associated with _______.

a) Railway Infrastructure

b) Roads and Highways Infrastructure

c) Inland Waterways Infrastructure

d) Defence Infrastructure

Answer - B

Under the Rs. 5.35 lakh crore Bharatmala Pariyojana, more than 13,000 km length

of roads worth Rs. 3.3 lakh crore awarded for construction:

3,800 km have already been constructed

Another 8,500 km to be awarded for construction by March 2022

Additional 11,000 km of national highway corridors to be completed by March 2022

13. What is the target year for 100% electrification of Broad-Gauge routes?

a) 2023

b) 2024

c) 2025

d) 2026

Answer - A

2023. Broad Gauge Route Kilometers (RKM) electrification to reach 46,000 RKM, i.e.

72% by end of 2021.

14. Name the two technologies that aim to provide metro rail systems at much

lesser cost with similar experience in Tier-2 cities and peripheral areas of Tier-1

cities?

a) MetroMax and MetroNet

b) MetroLite and MetroNeo

c) MetroMin and MetroPack

d) MetroCosmo and MetroUrban

Page 8: IMP Questions Based on Union Budget 2021-22

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Answer - B

15. Ujjwala Scheme is associated with _______.

a) Petroleum & Natural Gas

b) Ports, Shipping, Waterways

c) Financial Capital

d) Education

Answer -A

Petroleum & Natural Gas. Extention of Ujjwala Scheme to cover 1 crore more

beneficiaries is planned.

16. A world calss Fin-Tech Hub will be developed at ______.

a) IIT Madras

b) IIM Ahmedabad

c) GIFT-IFSC

d) IISC – Bengaluru

Answer - C

GIFT-IFSC. Gujarat International Finance Tec-City (GIFT), India’s first International

Financial Services Centre(IFSC).

17. A new gas pipeline project is planned in which Indian state?

a) Assam

b) Jammu and Kashmir

c) West Bengal

d) Rajasthan

Answer- B

18. Capital Infusion of _______ and _____ is planned to be added in Solar Energy

Corporation of India and Indian Renewable Energy Development Agency.

Page 9: IMP Questions Based on Union Budget 2021-22

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a) Rs 2000 Crore and Rs 2500 Crore

b) Rs 1000 Crore and Rs 1500 Crore

c) Rs 1500 Crore and Rs 2000 Crore

d) Rs 1000 Crore and Rs 1250 Crore

Answer - B

19. The Foreign Direct Investment in ________ has been increased from 49% to

74%.

a) Defence

b) Railways

c) Insurance

d) Education

Answer - C

Insurance. To increase the permissible FDI limit from 49% to 74% and allow

foreign ownership and control with safeguards.

20. How many Rupees has been allocated for the recapitalization of PSBs?

a) Rs 10000 Crore

b) Rs 15000 Crore

c) Rs 20000 Crore

d) Rs 25000 Crore

Answer - C

Rs 20000 Crore. A sum of Rs. 20,000 crore in 2021-22 to further consolidate the

financial capacity of PSBs.

21. Strategic Disinvestment is planned in which of the following companies in

2021-22?

a) BPCL

b) Air India

Page 10: IMP Questions Based on Union Budget 2021-22

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c) Shipping Corporation of India

d) All the above.

Answer – D

Strategic disinvestment of BPCL, Air India, Shipping Corporation of India, Container

Corporation of India, IDBI Bank, BEML, Pawan Hans, Neelachal Ispat Nigam limited

etc. to be completed in 2021-22. Disinvestment estimation – Rs. 1,75,000 crore.

22. IPO of ____ is planned in 2021-22.

a) Air India

b) LIC

c) AMUL

d) Pawan Hans

Answer - B

22. SWAMITVA Scheme aims to provide

a) Integrated property validation solution for rural India

b) Rural Electrification

c) Rural Healthcare

d) Rural Education

Answer - A

Integrated property validation solution for rural India. SWAMITVA Scheme to be

extended to all States/UTs, 1.80 lakh property-owners in 1,241 villages have

already been provided cards. SWAMITVA – Survey of Villages Abadi and Mapping

with Improvised Technology In Village Areas.

23. The Rural Infrastructure Development Fund has been increased to ________

from Rs 30,000 Crore.

a) Rs 35000 Crore

b) Rs 40000 Crore

Page 11: IMP Questions Based on Union Budget 2021-22

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c) Rs 45000 Crore

d) Rs 50000 Crore

Answer - B

24. The Multipurpose Seaweed Park will be set up in ______ to promote seaweed

cultivation.

a) Tamil Nadu

b) Karala

c) Karnataka

d) Andhra Pradesh

Answer - A

25. How many new Sainik Schools will be set up in partnership with

NGOs/private schools/states?

a) 50

b) 100

c) 150

d) 200

Answer – B

26. How many Eklavya model residential schools will be developed in tribal

areas?

a) 250

b) 500

c) 750

d) 1000

Answer - C

Page 12: IMP Questions Based on Union Budget 2021-22

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Unit cost of each school to be increased to Rs. 38 crore

For hilly and difficult areas, to Rs. 48 crore

Focus on creation of robust infrastructure facilities for tribal students

27. NATS is associated with ____.

a) National Highways

b) Skilling

c) Healthcare

d) Infrastructure

Answer - B

Skilling. NATS – National Apprenticeship Training Scheme. Rs. 3000 crore for

realignment of existing NATS towards post-education apprenticeship, training of

graduates and diploma holders in Engineering.

28. PSLV-CS51 to be launched by New Space India Limited (NSIL) carrying Indian

satellites and Amazonia Satellite of which country?

a) USA

b) Brazil

c) Russia

d) Denmark

Answer - B

29. A total of _______ has been allocated for first digital census in the history of

India.

a) Rs 376

8 Crore

b) Rs 3678 Crore

c) Rs 3867 Crore

Page 13: IMP Questions Based on Union Budget 2021-22

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d) Rs 3786 Crore

Answer - A

30. Senior citizens over __ years of age and having only pension and interest

income are exempted from filing tax returns.

a) 65

b) 70

c) 75

d) 80

Answer - C

31. Vivad se vishwas scheme is related to ________.

a) settlement of disputed tax

b) vehicle loan

c) gold loan

d) housing loan

Answer – A

settlement of disputed tax. Over 1 lakh taxpayers opted to settle tax disputes of over

Rs. 85,000 crore through Vivad Se Vishwas Scheme until 30th January

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