Economic Survey and Budget Practice Set .pdf

Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Economic Survey and Budget Practice Set 1.New _____ high-yielding and climate-resilient varieties of _____ field and horticulture crops will be released for cultivation by farmers. Options: A) 109, 32 B) 90, 25 C) 100,...

Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Economic Survey and Budget Practice Set 1.New _____ high-yielding and climate-resilient varieties of _____ field and horticulture crops will be released for cultivation by farmers. Options: A) 109, 32 B) 90, 25 C) 100, 30 D) 110, 35 E) 95, 28 Answer: A) 109, 32 2. Referring to the Skilling programme, the Finance Minister announced a new centrally sponsored scheme, as the _____ scheme under the Prime Minister’s package, for skilling in collaboration with state governments and Industry. _____ lakh youth will be skilled over a _____-year period and _____ Industrial Training Institutes will be upgraded in hub and spoke arrangements with outcome orientation. Options: A) 4th, 20, 5, 1,000 B) 3rd, 25, 4, 900 C) 5th, 15, 6, 800 D) 4th, 30, 5, 1,200 E) 6th, 20, 4, 1,100 Answer: A) 4th, 20, 5, 1,000 3. Referring to the Skilling programme, the Finance Minister announced a new centrally sponsored scheme, as the _____ scheme under the Prime Minister’s package, for skilling in collaboration with state governments and Industry. _____ lakh youth will be skilled over a 5-year period and 1,000  1 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Industrial Training Institutes will be upgraded in hub and spoke arrangements with outcome orientation. Options: A) 4th, 20 B) 3rd, 25 C) 5th, 15 D) 4th, 30 E) 6th, 20 Answer: A) 4th, 20 4. More than _____ branches of India Post Payment Bank will be set up in the _____ region to expand the banking services. Options: A) 100, North East B) 150, South C) 200, West D) 100, Central E) 120, North Answer: 100, North East 5. Urban Housing: Under the PM AwasYojana Urban 2.0, housing needs of _____ urban poor and middle-class families will be addressed with an investment of ₹ _____ lakh crore. This will include the central assistance of ₹ 2.2 lakh crore in the next 5 years. Options: A) 1 crore, 10 B) 2 crore, 12 C) 1 crore, 8 D) 3 crore, 15 E) 2 crore, 10 Answer: 1 crore, 10 2 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 6. The Finance Minister said, in line with the announcement in the interim budget, PM Surya Ghar Muft Bijli Yojana has been launched to install rooftop solar plants to enable _____ households to obtain free electricity up to _____ units every month. The scheme has generated remarkable response with more than 1.28 crore registrations and 14 lakh applications. Options: A) 1 crore, 300 B) 1.5 crore, 250 C) 2 crore, 350 D) 1 crore, 400 E) 1.2 crore, 300 Answer: 1 crore, 300 7. The total receipts other than borrowings and the total expenditure are estimated at ₹ _____ lakh crore and ₹ _____ lakh crore respectively. Options: A) 32.07, 48.21 B) 30.05, 45.20 C) 31.10, 47.15 D) 33.50, 49.30 E) 32.07, 46.18 Answer: A) 32.07, 48.21 8. Smt Sitharaman emphasised that the fiscal consolidation path announced by her in _____ has served the economy very well, and the government will aim to reach a deficit below _____ per cent next year. Options: A) 2021, 4.5 B) 2020, 5.0 C) 2019, 4.0 3 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) 2022, 4.5 E) 2021, 5.5 Answer: A) 2021, 4.5 The fiscal deficit is _____ per cent of GDP. Options: A) 4.9 B) 4.5 C) 5.0 D) 4.3 E) 4.7 Answer: 4.9 9. In the latest budget announcement, the fiscal deficit has been reported as _____ per cent of GDP, indicating the government's focus on managing economic stability. Options: A) 4.9 B) 4.5 C) 5.0 D) 4.3 E) 4.7 Answer: 4.9 10. In the Budget 2024-25, the standard deduction for salaried employees opting for the new tax regime has been increased from ₹ _____ to ₹ _____. Similarly, the deduction on family pension for pensioners has been enhanced from ₹ _____ to ₹ _____. Options: 4 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) 50,000; 75,000; 15,000; 25,000 B) 40,000; 70,000; 10,000; 20,000 C) 60,000; 80,000; 20,000; 30,000 D) 50,000; 70,000; 15,000; 20,000 E) 45,000; 75,000; 15,000; 25,000 Answer: 11. Under the National Food Security Act (NFSA), the Budget Estimate (BE) for 2024-25 for Assistance to States Agencies for Intra-State Movement of Foodgrains and FPS Dealers Margin is ₹ _____ crore. Options: A) 7075 B) 6500 C) 7200 D) 6800 E) 7000 Answer: A) 7075 12. In the Budget 2024-25, the allocation for Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PMJAY) is ₹ _____ crore. Options: A) 7300 B) 7200 C) 7500 D) 7100 E) 7400 Answer: A) 7300 13. In the Budget 2024-25, the allocation for the Mahatma Gandhi National Rural Employment Guarantee Programme (MGNREGA) is ₹ _____ crore. Options: 5 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) 86000 B) 85000 C) 87000 D) 84000 E) 88000 Answer: A) 86000 14. In the Budget 2024-25, the allocation for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) is ₹ _____ crore. Options: A) 205250 B) 200000 C) 210000 D) 195000 E) 215000 Answer: 205250 15. The finance minister outlined 9 priorities in the budget for the pursuit of ‘Viksit Bharat’. Which of the following is NOT one of these priorities? Options: A) Productivity and resilience in Agriculture B) Employment & Skilling C) Manufacturing & Services D) Digital Transformation E) Energy Security Answer: D) Digital Transformation 16. Under Priority 1: Productivity and resilience in Agriculture, which of the following initiatives was announced by the finance minister? Options: 6 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) Establishing 5,000 bio-input resource centres B) Initiating 2 crore farmers into natural farming C) Releasing 109 high-yielding and climate-resilient varieties of 32 crops D) Providing subsidies for chemical fertilizers E) Launching a digital agriculture platform Answer: C) Releasing 109 high-yielding and climate-resilient varieties of 32 crops 17. Under Priority 1: Productivity and resilience in Agriculture, how many need-based bio-input resource centres will be established? Options: A) 5,000 B) 10,000 C) 15,000 D) 20,000 E) 25,000 Answer: 10,000 18. Under Priority 2: Employment & Skilling, what is the target number of youth to be skilled over a 5-year period and how many Industrial Training Institutes will be upgraded? Options: A) 15 lakh youth; 800 ITIs B) 20 lakh youth; 1,000 ITIs C) 25 lakh youth; 1,200 ITIs D) 18 lakh youth; 900 ITIs E) 22 lakh youth; 1,100 ITIs Answer: B) 20 lakh youth; 1,000 it is 7 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 19. The Finance Minister announced a revision to the Model Skill Loan Scheme to facilitate loans up to ₹ _____ with a guarantee from a government-promoted Fund, expected to help _____ students every year. Options: A) 5 lakh; 20,000 B) 6 lakh; 22,000 C) 7.5 lakh; 25,000 D) 8 lakh; 18,000 E) 10 lakh; 30,000 Answer: C) 7.5 lakh; 25,000 20. To support the youth not eligible for any benefit under existing government schemes and policies, the Finance Minister announced financial support for loans up to ₹ _____ for higher education in domestic institutions. E-vouchers for this purpose will be given directly to _____ students every year for annual interest subvention of 3 per cent of the loan amount. Options: A) 8 lakh; 50,000 B) 10 lakh; 1 lakh C) 12 lakh; 75,000 D) 6 lakh; 1.5 lakh E) 5 lakh; 80,000 Answer: B) 10 lakh; 1 lakh 21. What is the name of the scheme announced by the Finance Minister for improving the socio economic condition of tribal communities, and how many villages and tribal people will it cover? Options: A) Pradhan Mantri Tribal Development Scheme; 50,000 villages; 4 crore tribal people B) Pradhan Mantri Adivasi Gram Vikas Yojana; 70,000 villages; 6 crore tribal people C) Pradhan Mantri Janjatiya Unnat Gram Abhiyan; 63,000 villages; 5 crore tribal people 8 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) Pradhan Mantri Vanbandhu Kalyan Yojana; 55,000 villages; 5.5 crore tribal people E) Pradhan Mantri Tribal Welfare Mission; 60,000 villages; 4.5 crore tribal people Answer: C) Pradhan Mantri Janjatiya Unnat Gram Abhiyan; 63,000 villages; 5 crore tribal people 22. Under Priority 4: Manufacturing & Services, what is the new limit for Mudra loans for entrepreneurs who have availed and successfully repaid previous loans under the ‘Tarun’ category? Options: A) ₹ 15 lakh B) ₹ 18 lakh C) ₹ 20 lakh D) ₹ 25 lakh E) ₹ 12 lakh Answer: C) ₹ 20 lakh 23. What financial support measures will be provided for MSME units regarding food irradiation and quality & safety testing? Options: A) Setting up 30 food irradiation units and 50 testing labs B) Setting up 50 food irradiation units and 100 testing labs C) Setting up 40 food irradiation units and 70 testing labs D) Setting up 60 food irradiation units and 80 testing labs E) Setting up 45 food irradiation units and 90 testing labs Answer: B) Setting up 50 food irradiation units and 100 testing labs 24. As the 5th scheme under the Prime Minister’s package, what comprehensive scheme will the government launch, and how many youth will it target for internship opportunities in how many top companies over 5 years? Options: 9 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) Internship in 400 companies for 80 lakh youth B) Internship in 600 companies for 1 crore youth C) Internship in 500 companies for 1 crore youth D) Internship in 300 companies for 90 lakh youth E) Internship in 700 companies for 1.2 crore youth Answer: C) Internship in 500 companies for 1 crore youth 25. Under Priority 5: Urban Development, the PM Awas Yojana Urban 2.0 aims to address the housing needs of _____ urban poor and middle-class families with an investment of ₹ _____ lakh crore, including central assistance of ₹ _____ lakh crore over the next 5 years. Options: A) 1 crore; 10; 2.2 B) 1.5 crore; 12; 2.0 C) 1 crore; 8; 2.5 D) 75 lakh; 9; 2.2 E) 1 crore; 11; 2.0 Answer: A) 1 crore; 10; 2.2 26. For Water Supply and Sanitation, the government will promote water supply, sewage treatment, and solid waste management projects and services for _____ large cities through bankable projects in partnership with State Governments and Multilateral Development Banks. Options: A) 50 B) 100 C) 75 D) 120 E) 80 Answer: B) 100 10 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 27. Building on the success of the PM SVANidhi Scheme, the government envisions supporting the development of _____ weekly ‘haats’ or street food hubs in select cities each year over the next five years. Options: A) 50 B) 75 C) 100 D) 120 E) 150 Answer: C) 100 28. Under Priority 6: Energy Security, the PM Surya Ghar Muft Bijli Yojana aims to install rooftop solar plants to enable _____ households to obtain free electricity up to _____ units every month. The scheme has received more than _____ crore registrations and _____ lakh applications. Options: A) 1 crore; 300; 1.28; 14 B) 2 crore; 250; 1.2; 15 C) 1 crore; 200; 1.5; 12 D) 1.5 crore; 300; 1.1; 16 E) 1 crore; 350; 1.3; 13 Answer: A) 1 crore; 300; 1.28; 14 29. Under Priority 7: Infrastructure, the Finance Minister highlighted that ₹ _____ crore for capital expenditure has been allocated this year, which is _____ per cent of our GDP. Options: A) 11,11,111; 3.4 B) 10,00,000; 3.2 C) 12,00,000; 3.5 D) 11,50,000; 3.0 E) 11,11,111; 3.0 Answer: 11 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) 11,11,111; 3.4 30. Under the Pradhan Mantri Gram Sadak Yojana (PMGSY), the Finance Minister announced the launch of Phase IV to provide all-weather connectivity to _____ rural habitations that have become eligible due to their population increase. Options: A) 20,000 B) 25,000 C) 30,000 D) 15,000 E) 35,000 Answer: B) 25,000 31. For Irrigation and Flood Mitigation in Bihar, the government will provide financial support for projects with an estimated cost of ₹ _____ crore, including the Kosi-Mechi intra-state link and _____ other ongoing and new schemes. Options: A) 10,000; 15 B) 12,000; 18 C) 11,500; 20 D) 9,500; 22 E) 11,000; 25 Answer: C) 11,500; 20 32. Under Priority 8: Innovation, Research & Development, the Finance Minister announced the operationalization of the Anusandhan National Research Fund with a financing pool of ₹ _____ crore to support basic research and prototype development, and to spur private sector-driven research and innovation at a commercial scale. Options: A) 50,000 B) 75,000 C) 1,00,000 12 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) 1,25,000 E) 90,000 Answer: C) 1,00,000 33. To expand the space economy by 5 times in the next 10 years, the government will set up a venture capital fund of ₹ _____ crore. Options: A) 500 B) 750 C) 1,000 D) 1,250 E) 1,500 Answer: C) 1,000 34. Regarding the New Pension Scheme (NPS), the Finance Minister mentioned that the Committee to review the NPS has made considerable progress and will evolve a solution that addresses relevant issues while maintaining _____ to protect the common citizens. Options: A) fiscal prudence B) economic growth C) regulatory changes D) investment opportunities E) administrative efficiency Answer: A) fiscal prudence 35. For the Budget Estimates 2024-25, what is the amount allocated for total receipts other than borrowings? Options: A) ₹30.07 lakh crore B) ₹32.07 lakh crore C) ₹34.07 lakh crore 13 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) ₹31.07 lakh crore E) ₹33.07 lakh crore Answer: B) ₹32.07 lakh crore 36. For the Budget Estimates 2024-25, what is the total expenditure amount? Options: A) ₹46.21 lakh crore B) ₹48.21 lakh crore C) ₹49.21 lakh crore D) ₹47.21 lakh crore E) ₹45.21 lakh crore Answer: B) ₹48.21 lakh crore 37. For the Budget Estimates 2024-25, what is the fiscal deficit expressed as a percentage of GDP? Options: A) 4.5% B) 5.0% C) 4.9% D) 4.3% E) 5.5% Answer: C) 4.9% 38. Smt Sitharaman emphasized that the fiscal consolidation path announced in _____ has served the economy very well, and the government aims to reach a deficit below _____ per cent next year. Options: A) 2019; 5.0 B) 2020; 4.0 C) 2021; 4.5 D) 2022; 4.3 E) 2021; 4.0 14 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Answer: E) 2021; 4.0 39. For the Budget Estimates 2024-25, the gross market borrowings through dated securities are estimated at ₹ _____ lakh crore, while the net market borrowings are estimated at ₹ _____ lakh crore. Options: A) 13.01; 10.63 B) 14.01; 11.63 C) 15.01; 12.63 D) 13.50; 11.00 E) 14.50; 12.00 Answer: B) 14.01; 11.63 40. According to recent reports, inflation continues to be low, stable, and moving towards the 4% target, with core inflation (non-food, non-fuel) currently at _____%. Options: A) 2.5% B) 3.0% C) 3.1% D) 3.5% E) 3.8% Answer: C) 3.1% 41. According to Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman, simplification of tax regimes without exemptions and deductions has been appreciated by taxpayers, with over _____ per cent of corporate tax coming from the simplified tax regime in 2022- 23, and more than _____ of taxpayers having switched to the new personal income tax regime. Options: A) 50%; half B) 58%; two thirds C) 60%; one quarter 15 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) 55%; three quarters E) 57%; one third Answer: B) 58%; two thirds 42. In the Budget 2024-25, the standard deduction for salaried employees opting for the new tax regime was increased from ₹ _____ to ₹ _____. Options: A) 40,000; 60,000 B) 45,000; 65,000 C) 50,000; 75,000 D) 55,000; 70,000 E) 60,000; 80,000 Answer: C) 50,000; 75,000 43. In the Budget 2024-25, the deduction on family pension for pensioners was increased from ₹ _____ to ₹ _____. Options: A) 10,000; 20,000 B) 12,000; 22,000 C) 15,000; 25,000 D) 18,000; 28,000 E) 20,000; 30,000 Answer: C) 15,000; 25,000 44. Under the new tax regime, the tax rate for income between ₹7 lakh and ₹10 lakh is _____ per cent. Options: A) 5% B) 10% C) 15% 16 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) 20% E) 25% Answer: B) 10% 45. Under the new tax regime, the tax rate for income between ₹12 lakh and ₹15 lakh is _____ per cent. Options: A) 15% B) 20% C) 25% D) 30% E) 35% Answer: B) 20% 46. To attract foreign capital, the corporate tax rate on foreign companies was reduced from _____ per cent to _____ per cent. Options: A) 45; 40 B) 40; 35 C) 42; 37 D) 38; 33 E) 50; 45 Answer: B) 40; 35 47. The long-term capital gains on all financial and non-financial assets are now taxed at a rate of _____ per cent. Additionally, the limit of exemption on capital gains has been increased to ₹ _____ lakh per year to benefit lower and middle-income classes. Options: A) 10%; 1 B) 12.5%; 1.25 C) 15%; 1.5 17 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) 20%; 2 E) 12%; 1 Answer: B) 12.5%; 1.25 48. For the Budget Estimates 2024-25, what is the allocated amount for the Pradhan Mantri Awas Yojna (PMAY)-Urban? - A) ₹25,000 crore - B) ₹30,171 crore - C) ₹35,000 crore - D) ₹40,000 crore - E) ₹45,000 crore Answer: B) ₹30,171 crore 49. How much financial support is allocated for the Jal Jeevan Mission (JJM) / National Rural Drinking Water Mission in the Budget Estimates 2024-25? - A) ₹50,000 crore - B) ₹60,000 crore - C) ₹70,163 crore - D) ₹80,000 crore - E) ₹90,000 crore **Answer:** C) ₹70,163 crore 50. What is the allocated amount for the National Urban Digital Mission (NUDM) in the Budget Estimates 2024-25? 18 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - A) ₹1,000 crore - B) ₹1,150 crore - C) ₹2,000 crore - D) ₹2,500 crore - E) ₹3,000 crore **Answer:** B) ₹1,150 crore 51. In the Budget Estimates 2024-25, how much is allocated for the Swachh Bharat Mission (Urban)? - A) ₹3,000 crore - B) ₹5,000 crore - C) ₹7,000 crore - D) ₹10,000 crore - E) ₹12,000 crore **Answer:** B) ₹5,000 crore 52. For the Pradhan Mantri Krishi Sinchai Yojna, the budget for 2024-25 is set at ₹ _____ crore. - A) ₹7,000 crore - B) ₹8,000 crore - C) ₹9,339 crore - D) ₹10,000 crore - E) ₹12,000 crore **Answer:** C) ₹9,339 crore 19 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 53. What is the budget allocation for the Pradhan Mantri Jan Arogya Yojana (PMJAY) in 2024-25? - A) ₹5,000 crore - B) ₹7,300 crore - C) ₹10,000 crore - D) ₹12,000 crore - E) ₹15,000 crore **Answer:** B) ₹7,300 crore 54. The budget for the Pradhan Mantri Gram Sadak Yojna (PMGSY) in 2024-25 is ₹ _____ crore. - A) ₹15,000 crore - B) ₹20,000 crore - C) ₹25,000 crore - D) ₹30,000 crore - E) ₹19,000 crore **Answer:** E) ₹19,000 crore 55. How much is allocated for the Mahatma Gandhi National Rural Employment Guarantee Programme in 2024-25? - A) ₹70,000 crore - B) ₹80,000 crore - C) ₹90,000 crore - D) ₹86,000 crore - E) ₹95,000 crore  20 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 **Answer:** D) ₹86,000 crore 56. The allocation for the National AYUSH Mission in 2024-25 is ₹ _____ crore. - A) ₹1,000 crore - B) ₹1,200 crore - C) ₹1,500 crore - D) ₹1,800 crore - E) ₹2,000 crore **Answer:** B) ₹1,200 crore 57. For the development of infrastructure maintenance under the Department of Health and Family Welfare, the budget is ₹ _____ crore. - A) ₹5,000 crore - B) ₹7,000 crore - C) ₹9,000 crore - D) ₹10,000 crore - E) ₹12,000 crore **Answer:** B) ₹7,000 crore 58. The budget allocation for the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in 2024-25 is set at ₹ _____ crore. - A) ₹1,500 crore - B) ₹2,352 crore 21 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - C) ₹3,000 crore - D) ₹4,000 crore - E) ₹5,000 crore **Answer:** B) ₹2,352 crore 59. How much funding is allocated for the Krishionnati Yojana in 2024-25? - A) ₹6,000 crore - B) ₹7,447 crore - C) ₹8,000 crore - D) ₹9,000 crore - E) ₹10,000 crore **Answer:** B) ₹7,447 crore 60. The budget for the Smart Cities Mission in 2024-25 is ₹ _____ crore. - A) ₹1,500 crore - B) ₹2,400 crore - C) ₹3,000 crore - D) ₹4,000 crore - E) ₹5,000 crore **Answer:** B) ₹2,400 crore 61. What is the budget allocation for the Pradhan Mantri Uchchatar Shiksha Abhiyan (PM-USHA) in 2024-25? 22 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - A) ₹1,500 crore - B) ₹1,815 crore - C) ₹2,000 crore - D) ₹2,500 crore - E) ₹3,000 crore **Answer:** B) ₹1,815 crore 62. The budget for the National Social Assistance Programme in 2024-25 is ₹ _____ crore. - A) ₹8,000 crore - B) ₹9,652 crore - C) ₹10,000 crore - D) ₹11,000 crore - E) ₹12,000 crore **Answer:** B) ₹9,652 crore 63. For the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme, the allocated amount is ₹ _____ crore. - A) ₹6,000 crore - B) ₹7,000 crore - C) ₹8,000 crore - D) ₹9,000 crore - E) ₹10,000 crore **Answer:** C) ₹8,000 crore 23 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 64. How much is allocated for the Production Linked Incentive Schemes (Department of Pharmaceutical) in 2024-25? - A) ₹1,500 crore - B) ₹2,000 crore - C) ₹2,143 crore - D) ₹2,500 crore - E) ₹3,000 crore **Answer:** C) ₹2,143 crore 65. The Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for 2024-25 has an allocation of ₹ _____ crore. - A) ₹150,000 crore - B) ₹175,000 crore - C) ₹200,000 crore - D) ₹205,250 crore - E) ₹220,000 crore **Answer:** D) ₹205,250 crore 66. For the development of metro projects, the budget allocation is set at ₹ _____ crore. - A) ₹20,000 crore - B) ₹25,000 crore - C) ₹27,500 crore - D) ₹30,000 crore 24 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - E) ₹35,000 crore **Answer:** C) ₹27,500 crore 67. The amount allocated for the Pradhan Mantri Awas Yojna (PMAY)-Rural in the Budget Estimates 2024-25 is ₹ _____ crore. - A) ₹45,000 crore - B) ₹50,000 crore - C) ₹55,000 crore - D) ₹60,000 crore - E) ₹54,500 crore **Answer:** E) ₹54,500 crore 68. The allocation for the Deendayal Antyodaya Yojana-National Rural Livelihood Mission-Ajeevika in 2024-25 is ₹ _____ crore. - A) ₹12,000 crore - B) ₹15,047 crore - C) ₹17,000 crore - D) ₹20,000 crore - E) ₹22,000 crore **Answer:** B) ₹15,047 crore 69. How much is allocated for the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM AJAY) in 2024-25? - A) ₹1,500 crore 25 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - B) ₹2,140 crore - C) ₹2,500 crore - D) ₹3,000 crore - E) ₹3,500 crore **Answer:** B) ₹2,140 crore 70. What is the allocated amount for the Pradhan Mantri Krishi Sinchai Yojna under the Watershed Development Component in 2024-25? - A) ₹2,000 crore - B) ₹2,500 crore - C) ₹3,000 crore - D) ₹2,501 crore - E) ₹3,500 crore **Answer:** D) ₹2,501 crore 71. For the PM Schools for Rising India (PM SHRI), the budget is set at ₹ _____ crore. - A) ₹5,000 crore - B) ₹6,050 crore - C) ₹7,000 crore - D) ₹8,000 crore - E) ₹9,000 crore 26 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 **Answer:** B) ₹6,050 crore 72. How much funding is allocated for the Infrastructure Facilities for Judiciary in 2024-25? - A) ₹800 crore - B) ₹900 crore - C) ₹1,000 crore - D) ₹1,100 crore - E) ₹1,200 crore **Answer:** C) ₹1,000 crore 73. The Pradhan Mantri Annadata Aay Sanrakshan Yojna (PM-AASHA) is allocated ₹ _____ crore in the Budget Estimates 2024-25. - A) ₹5,000 crore - B) ₹6,000 crore - C) ₹6,438 crore - D) ₹7,000 crore - E) ₹7,500 crore **Answer:** C) ₹6,438 crore 74. What is the budget allocation for the Space Economy venture capital fund in 2024-25? - A) ₹500 crore - B) ₹750 crore - C) ₹1,000 crore - D) ₹1,250 crore 27 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - E) ₹1,500 crore **Answer:** C) ₹1,000 crore 75. For the development and modernization of police forces, the budget for 2024-25 is set at ₹ _____ crore. - A) ₹2,000 crore - B) ₹3,000 crore - C) ₹3,720 crore - D) ₹4,000 crore - E) ₹5,000 crore **Answer:** C) ₹3,720 crore 76. How much is allocated for the Pradhan Mantri Ayushman Bharat Health Infrastructure Mission (PMABHIM) in the Budget Estimates 2024-25? - A) ₹2,000 crore - B) ₹3,200 crore - C) ₹4,000 crore - D) ₹5,000 crore - E) ₹6,000 crore **Answer:** B) ₹3,200 crore 77. What is the allocated amount for the Research and Development Projects in the Budget Estimates 2024-25? - A) ₹10,000 crore 28 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 - B) ₹12,000 crore - C) ₹13,208 crore - D) ₹15,000 crore - E) ₹20,000 crore **Answer C) ₹13,208 crore 78. Question: India's real GDP is projected to grow between ___ per cent in 2024-25. The Indian economy recovered swiftly from the pandemic, with its real GDP in FY24 being 20 per cent higher than the pre-COVID, FY20 levels. A) 5.0–5.5 B) 6.0–6.5 C) 6.5–7.0 D) 7.0–7.5 E) 7.5–8.0 Answer: C) 6.5–7.0 79. According to the Survey, the shares of the agriculture, industry, and services sectors in the overall Gross Value Added (GVA) at current prices in FY24 were ___, ___, and ___ per cent, respectively. A) 15.0, 30.0, 55.0 B) 16.5, 28.0, 55.5 C) 17.7, 27.6, 54.7 D) 18.0, 26.5, 55.0 E) 19.0, 25.0, 56.0 29 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Answer: C) 17.7, 27.6, 54.7 80. The increase in indirect taxes in FY24 was primarily attributed to a ___ per cent growth in GST collection. A) 10.5 B) 11.0 C) 12.0 D) 12.7 E) 13.0 Answer: D) 12.7 81. FY24, the capital expenditure stood at ₹9.5 lakh crore, marking an increase of ___ per cent on a year-over-year (YoY) basis and was ___ times the level of FY20. A) 25.0, 2.5 B) 26.5, 2.6 C) 28.2, 2.8 D) 30.0, 3.0 E) 32.0, 3.2 Answer: C) 28.2, 2.8 82. According to the RBI’s Financial Stability Report of June 2024, the Gross Non-Performing Assets (GNPA) ratio of Scheduled Commercial Banks declined to ___ per cent in March 2024, marking a ___-year low. A) 2.5, 10 B) 2.6, 11 C) 2.7, 11 D) 2.8, 12 E) 2.9, 13 30 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Answer: D) 2.8, 12 83. According to the Survey, as per the World Economic Outlook (WEO), April 2024 of the International Monetary Fund (IMF), the global economy registered a growth of ___ per cent in 2023. A) 2.8 B) 3.0 C) 3.2 D) 3.4 E) 3.6 Answer: C) 3.2 84. The Economic Survey conservatively projects a real GDP growth of ___ per cent, acknowledging that market expectations are on the higher side, with risks being evenly balanced. A) 5.5–6.5 B) 6.0–6.5 C) 6.5–7.0 D) 6.5–7.5 E) 7.0–7.5 Answer: C) 6.5–7.0 85. During FY24, the Current Account Deficit (CAD) stood at ___ per cent of the GDP, reflecting an improvement from the deficit of ___ per cent of GDP in FY23. A) 0.5, 1.5 B) 0.7, 2.0 C) 0.8, 1.8 D) 1.0, 2.2 E) 1.2, 2.5 Answer: B) 0.7, 2.0 31 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 86. At the end of March 2024, credit disbursal by Scheduled Commercial Banks (SCBs) stood at ₹___ lakh crore, reflecting a growth of ___ per cent. A) 150.0, 18.5 B) 155.0, 19.0 C) 160.0, 19.5 D) 164.3, 20.2 E) 170.0, 21.0 Answer: D) 164.3, 20.2 87. As of March 2024, the Insolvency and Bankruptcy Code (IBC) has been recognized as an effective solution for the twin balance sheet problem, with ___ corporate debtors involving a value of ₹___ lakh crore disposed of in the last 8 years. A) 28,500, 12.5 B) 30,000, 13.0 C) 31,000, 13.5 D) 31,394, 13.9 E) 32,000, 14.5 Answer: D) 31,394, 13.9 88. During FY24, primary capital markets facilitated capital formation of ₹___ lakh crore, which was approximately ___ per cent of the gross fixed capital formation of private and public corporates during FY23. A) 9.5, 25 B) 10.0, 27 C) 10.5, 28 D) 10.9, 29 E) 11.5, 30 Answer: D) 10.9, 29 32 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 89. The agriculture sector faced challenges due to extreme weather events, depleted reservoirs, and crop damage, impacting farm output and food prices. Food inflation increased from ___ per cent in FY23 to ___ per cent in FY24. A) 5.5, 6.8 B) 6.0, 7.2 C) 6.6, 7.5 D) 6.8, 7.8 E) 7.0, 8.0 Answer: C) 6.6, 7.5 90. According to the World Bank’s Logistics Performance Index, India’s rank improved by six places, from ___ in 2018 to ___ in 2023, out of 139 countries. A) 42nd, 36th B) 43rd, 37th C) 44th, 38th D) 45th, 39th E) 46th, 40th Answer: C) 44th, 38th 91. At the end of March 2024, India’s external debt to GDP ratio stood at ___ per cent, indicating that the country’s external debt has been ___ over the years. A) 17.5, high B) 18.0, manageable C) 18.5, rising D) 18.7, sustainable E) 19.0, increasing Answer: D) 18.7, sustainable 92. In 2023, India achieved a milestone of USD ___ billion in remittances, making it the top remittance recipient country globally. 33 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) 100 B) 110 C) 115 D) 120 E) 125 Answer: D) 120 93. As of 31 May 2024, the share of non-fossil sources in the installed electricity generation capacity has reached ___ per cent. A) 43.2 B) 44.0 C) 45.4 D) 46.5 E) 47.8 Answer: C) 45.4 94. In 2023, the government issued sovereign green bonds amounting to ₹___ crore in January February, followed by ₹___ crore in October-December. A) 14,000, 18,000 B) 15,000, 19,000 C) 16,000, 20,000 D) 17,000, 21,000 E) 18,000, 22,000 Answer: C) 16,000, 20,000 95. The Vidyanjali initiative has played a crucial role in enhancing the educational experiences of over ___ crore students by facilitating community engagement and volunteer contributions. A) 1.00 B) 1.20 C) 1.30 34 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 D) 1.44 E) 1.50 Answer: D) 1.44 96. As of 10 July 2024, under PM-AWAS-Gramin, ___ crore houses have been constructed for the poor over the last nine years. A) 2.50 B) 2.55 C) 2.60 D) 2.63 E) 2.70 Answer: D) 2.63 97. The quarterly urban unemployment rate for people aged 15 years and above declined to ___ per cent in the quarter ending March 2024, down from ___ per cent in the corresponding quarter of the previous year. A) 6.5, 6.9 B) 6.6, 6.8 C) 6.7, 6.8 D) 6.8, 6.9 E) 6.9, 7.0 Answer: C) 6.7, 6.8 98. The yearly net payroll additions to the EPFO more than doubled from ___ lakh in FY19 to ___ lakh in FY24. A) 55.0, 120.0 B) 61.1, 131.5 C) 65.0, 125.0 D) 70.0, 140.0 E) 75.0, 135.0 35 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 Answer: B) 61.1, 131.5 99. To cater to the rising workforce, the Indian economy needs to generate an average of nearly ___ lakh jobs annually in the non-farm sector until 2030. A) 70.0 B) 75.0 C) 78.5 D) 80.0 E) 85.0 Answer: C) 78.5 100. By 2029–30, the gig workforce in India is expected to expand to ___ crore. A) 1.75 B) 2.00 C) 2.35 D) 2.50 E) 2.75 Answer: C) 2.35 101. Until May 2024, PLI schemes attracted over ₹___ Lakh Crore of investment, leading to production/sales of ₹___ Lakh Crore and employment generation (direct & indirect) of over ___ Lakh. A) 1.00, 8.0, 6.0 B) 1.10, 9.0, 7.0 C) 1.20, 9.5, 7.5 D) 1.28, 10.8, 8.5 E) 1.30, 11.0, 9.0 Answer: D) 1.28, 10.8, 8.5 102. As of January 31, 2024, banks issued ___ crores Kisan Credit Cards (KCC) with a limit of ₹___ lakh crores. 36 Agriaffairs ESI ARD NABARD AFO https://t.me/agriaffair2001 A) 6.5, 8.0 B) 7.0, 9.0 C) 7.5, 9.4 D) 8.0, 10.0 E) 7.2, 9.2 Answer: C) 7.5, 9.4 103. It is estimated that for every rupee invested in agricultural research (including education), there is a payoff of ₹___. A) 12.50 B) 13.00 C) 13.85 D) 14.25 E) 15.00 104. As of May 2024, PLI schemes attracted over ₹1.28 Lakh Crore of investment, resulting in production/sales of ₹10.8 Lakh Crore and generating employment (direct & indirect) of over ___ Lakh. A) 7.5 B) 8.0 C) 8.5 D) 9.0 E) 9.5 Answer: C) 8.5 37