Union Budget 2017-18, Feb 2017 Current Affairs for IBPS, SBI, UPSC, LIC, RBI, IPPB exams
Union Finance Minister, Arun Jaitley, presented the Union budget 2017-18 on February 1, 2017. It focused on ten themes. They include :-
- Rural population
- Farming sector
- Youth
- Poor and underprivileged healthcare
- Infrastructure
- Financial sector for stronger institutions
- Speedy accountability
- Public services
- Prudent fiscal management
- Tax administration
Questions
- What is the measure of the government that will lead to higher GDP?
- What is the amount allocated as credit to farmers with 60 days interest waiver?
- By which year did the government targets to bring households out of poverty?
- What is the mission launched to maximise youth potential?
- What is the amount allocated to Mahila Shakthi Kendras under the category of the poor and underprivileged healthcare?
- To which sector is a total of Rs. 39,61,354 crore has been allocated?
- A strategic policy for ______ will be setup under energy sector.
- What percent of Foreign Direct Investment inflows were automated?
- What is the total expenditure on Fiscal situation?
- What is the maximum amount of cash donation for a political party from any one source?
- What amount is allocated to defence sector?
- To what percent did CPI decreased in December 2016 from 6% in July 2016?
- What is the tax exempted for persons holding land from which land was pooled for creation of Andhra Pradesh state capital?
- To what percent did the existing rate of tax reduced for individuals between Rs. 2.5 - 5 lakhs from 10%?
- Budget 2017-18 contains three major reforms. What is the one related to railways?
Answers
- Demonetisation
- Rs. 10lakh crores
- 2019
- Skill India Mission
- Rs. 500 crore
- Infrastructure
- Crude reserves
- 90%
- Rs. 21,47,000 crore
- Rs. 2000
- Rs. 2,74,114 crore
- 3.4 %
- Capital Gains Tax
- 5%
- Merger of Railway budget with General budget to bring railways to the centre stage of the government's fiscal policy