SBI PO Budget Questions

Hi I am interested in having the questions on the budget topic for the specialists officer recruitment examination held by SBI?

[sumit]

The questions on the budget topic for the specialists officer recruitment examination held by SBI are as follows:

1. According to Union Budget 2016-17, Growth of Economy accelerated to what per cent in 2015-16?
- 7.6%

2. According to Union Budget 2016-17, foreign exchange reserves touched highest ever level of about how much?
- $ 350 billion

3. What is the ‘Clean Environment Cess’ rate in Union Budget 2016-17?
- Rs. 400 per tonne

4. What percent of Krishi Kalyan Cess is introduced in the Union Budget 2016-17?
- 0.5%

5. Krishi Kalyan Cess will come into effect from ___________.
- 1 June 2016


6. 13 cesses, levied by various Ministries in which revenue collection is less than __________ in a year to be abolished.
- Rs. 50 Crore

7. According to Budget 2016-17, What percent is the penalty rate where there is misreporting of facts?
- 200%

8. In Budget 2016-17, Additional tax at the rate of 10% of gross amount of dividend will be payable by the recipients receiving dividend in excess of ________.
- Rs. 10 Lakh per annum


9. In the Union Budget 2016-17, Finance Minister decided to raise the ceiling of tax rebate under section 87A from Rs.2000 to ___________.
- 5000 rupees

10. What amount was allocated for Agriculture and Farmers’ welfare in Budget 2016-17?
- Rs. 35,984 crore

11. Name the newly announced irrigation scheme in Budget 2016-17 which will bring 28.5 lac hectars under irrigation.
- Pradhan Mantri Krishi Sinchai Yojana

12. In Budget 2016-17, finance minister announced to create a dedicated Long Term Irrigation Fund in which financial organisation?
- NABARD

13. In Budget 2016-17, finance minister announced to create a dedicated Long Term Irrigation Fund in NABARD. What will be the initial corpus?
- 20,000 crore rupees

14. In Budget 2016-17, allocation under Pradhan Mantri Gram Sadak Yojana was increased to ______________.
- 19000 crore rupees

15. How much amount was allocated under Prime Minister Fasal Bima Yojana?
- 5500 crore rupees

16. In Budget 2016-17, rupees 850 crore was allocated for how many dairying projects?
- 4

17. How much was allocated for rural sector?
- Rs. 87,765 crore

18. In Budget 2016-17, how much amount was announced to be given as Grant in Aid to Gram Panchayats and Municipalities?
- Rs. 2.87 lakh crore

19. In the Budget 2016-17, how much amount was allocated for MGNREGS?
- 38500 Crore Rupees

20. How many Rurban Clusters will be developed under the Shyama Prasad Mukherjee Rurban Mission?
- 300

21. In Budget 2016-17, it was announced that 100% village electrification will be completed by _______.
- 1st May, 2018