Union Budget 2022 Quiz - Test your Current Affairs Knowledge | BankExamsIndia.com | All About IBPS Bank Exams, Govt Exams and Jobs

India`s Union Budget 2022 was presented by the Finance Minister Smt. Nirmala Sitharaman, in the Parliament on 1 February 2022. Like every year, the 2022 budget speech also contained many new announcements in each sector that are designed to put India on a growth path. How much of the budget were you able to understand, is the big question. To help you understand about it, we are here with this Budget 2022 Quiz!

With numerous mentions of government schemes and projects in India, the union budget is an important event with respect to current affairs, for those who are preparing for various government exams in India, such as IBPS bank exams, SSC exams, RRB exams and UPSC exams.

The Union Budget 2022 quiz, is designed in such a way that the questions are related to the new government schemes, important sector news, Indian economy, future growth initiatives etc., So any participant who wants to test their current affairs knowledge will find these quiz questions useful.

Union Budget 2022 Quiz - Test your knowledge and about the announcements made in the Indian Union Budget 2022 that will help you to prepare for various government competitive exams.

Instructions:

Number of questions: 50
Pass percentage: 50%
Time Limit: 30 minutes
Answers: Will be displayed, after completion of all questions.

1 / 50

What is the Alternate Minimum Tax rate for cooperative societies?

1) 15%

2) 11%

3) 12%

4) 10%

2 / 50

Name the software that is to be linked with 'One Nation One Registration' program?

1) Indian Registry of Land Records and Documentation (IRLRD)

2) National Land Record Software (NLRS)

3) National Generic Document Registration System (NGDRS)

4) MS-Office

3 / 50

Which among the following crop is not covered under Minimum Support Price (MSP)?

1) Copra

2) Wheat

3) Rice

4) Soybean

4 / 50

Name the ceremony held before the printing of budget?

1) Ladoo Function

2) Meeta Khana

3) Halwa ceremony

4) Jalebi Meet

5 / 50

The Ken-Betwa Link Project (KBLP) shall help for irigation in __________ region

1) Punjab

2) Bangladesh

3) Bundelkhand

4) Gujarat

6 / 50

The project of providing high speed internet/ broadband services to all Gram Panchayats in India, is called __________

1) PanchayatNet

2) SabhaNet

3) BharatNet

4) GramNet

7 / 50

Name the nodal centre of the National Tele Mental Health Programme

1) Ministry of Health & Family Welfare

2) National Institute of Mental Health and Neurosciences (NIMHANS)

3) Indian Institute of Technology (IIT)

4) All India Institute of Medical Sciences (AIIMS)

8 / 50

___________ is a unique ID of 14 digits for every plot of land in the country.

1) National Land Code Number (NLCN)

2) Plot and Land Identification Number (PLIN)

3) Bharat Bhoomi Digital Pin Number (BBDPN)

4) Unique Land Parcel Identification Number (ULPIN)

9 / 50

__________ will be used for crop assessment, digitization of land records, and spraying of insecticides and nutrients.

1) Disha Drones

2) Apta Drones

3) Aditya Drones

4) Kisan Drones

10 / 50

The 'PM Gati Shakthi' initiative is driven by ________ engines of growth.

1) 5

2) 4

3) 6

4) 7

11 / 50

Under One class One TV Program, how many channels are being launched?

1) 150

2) 50

3) 100

4) 200

12 / 50

What is the name of scheme that provides 100% guarantee coverage to banks/ NBFC`s enabling them to offer emergency credit facilities to businesses overcome covid-19 crisis?

1) Savya Shiksha Abhiyaan

2) National Infrastructure Pipeline Project

3) Emergency Credit Line Guarantee Scheme (ECLGS)

4) Atmanirbhar Bharat

13 / 50

Name the govt`s initiative to empower citizens to skill, reskill or upskill through on-line training?

1) Citizen Empowerment and Reskilling Environment Platform of India (CEREP)

2) Fame India Scheme (FSI)

3) Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal)

4) Indian Advanced Skills Institute (IASI)

14 / 50

What is the PLI scheme announced by the central government?

1) Incentives in the form of tax rebates, import and export duty concessions etc., are offered to companies for increasing the production of specific goods.

2) Companies with higher production ratio shall get preference in export markets, while declaring their products as 'Preferred brand' in domestic markets.

3) No income tax for employees of those companies, which produce more goods in a particular year.

4) Companies with high sales margin will be provided dedicated product stalls in every railway station across India.

15 / 50

Kisan Drones will be useful in ____________ sector.

1) Vaccination

2) Army

3) Chemical

4) Agriculture/ Farming

16 / 50

_____ is a scheme that intends to integrate the numerous nutrition schemes in the country to improve nutrtional outcomes for children, pregnant women and lactating mothers.

1) Mid-day Meal Scheme

2) Poshan 2.0

3) National Crèche Scheme

4) NITI Aayog

17 / 50

What will be the tax levied on sale of cryptocurrencies?

1) 5%

2) 15%

3) 10%

4) 30%

18 / 50

________ is referred as a group of social and economic infrastructure projects that are to be completed in India in the next five years.

1) Indian Infrastructure Group

2) Future India Infrastructure Mission

3) Infrastructure Taskforce Conclave

4) National Infrastructure Pipeline

19 / 50

____________ is a scheme launched by the central governemnt that aims to provide tap water to all rural households.

1) Sampoorna Grameen Rozgar Yojana

2) Har Ghar, Nal Se Jal

3) Pradhan Mantri Gram Sadak Yojana (PMGSY)

4) Janani Suraksha Yojana

20 / 50

The initiative of 'One Station One Product' is to be implemented at _____________

1) FM Radio

2) Police Station

3) Railway Stations

4) Fire Station

21 / 50

What is the name of the initiative announced by Govt of India, that enables Drone-As-A-Service (DrAAS) concept?

1) PM Drone Yojana

2) Drone Shakti

3) Drone for India

4) Operation Shakthi

22 / 50

Who holds the record for the longest budget speech in India?

1) Manmohan Singh

2) Sushma Swaraj

3) Narendra Modi

4) Nirmala Sitharaman

23 / 50

What is Vibrant Villages Programme?

1) It is a programme run by the Ministry of Tourism to identify the uniqueness of each village and promote them in foreign countries.

2) It is a programme to provide quality medicines at affordable prices to all te villages in India, for tackling covid-19 virus

3) It is a programme for conducting important festivals, every 3 months, in every village across India.

4) It is a programme for development of Border villages with sparse population, limited connectivity and infrastructure on the northern border.

24 / 50

What percent of capital procurement budget is reserved for domestic defence industry?

1) 68%

2) 70%

3) 80%

4) 50%

25 / 50

As per the 2022 budget speech, India`s GDP is estimated to grow at ________

1) 10.50%

2) 9.20%

3) 9.00%

4) 8.75%

26 / 50

____________ helps owners of electric vehicles to swap their drained batteries with charged ones at designated charging stations.

1) Recycling Plants

2) Battery Swapping Policy

3) Electricity Boards

4) EV showrooms

27 / 50

To improve the performance of MSME`s and make them more efficient, _______________ programme is to be launched.

1) Pradhan Mantri Kisan Maan Dhan Yojana

2) Raising and Accelerating MSME Performance (RAMP)

3) AMRUT Plan

4) Samarth Scheme

28 / 50

RBI will soon launch CBDC.What is the full form of CBDC?

1) Central Board of Digital Currency

2) Central Bank Digital Currency

3) Coin Based Digital Currency

4) Common Benefit Digital Coin

29 / 50

Name the scheme launched to fund infrastructure and social development projects in the North-East.

1) Prime Minister’s Development Initiative for North-East Region (PM-DevINE)

2) HRIDAY (National Heritage City Development and Augmentation Yojana) scheme

3) Swacch Bharat Abhiyan

4) Pradhan Mantri Sansad Adarsh Gram Yojana

30 / 50

What will the e-Passport have?

1) Family Picture

2) Chief Minister`s Signature

3) Extra pages

4) Electronic chip

31 / 50

The Union Budget 2022, was referred as ___________ by the Finance Minister.

1) Muhurth Kaal

2) Amrit Kaal

3) Rahu Kaal

4) Brahma Kaal

32 / 50

Which website showcases showcases all the information on investment opportunities across India for global investors?

1) India Investment Grid (IIG)

2) Futuristic India Conclave (FIC)

3) Ministry of Finance

4) Department of Electronics and Information Technology (DiETY)

33 / 50

What is AVGC task force?

1) Agriculture, Veterinary science & Gardening Collaboration

2) AntiVirus Governmental Committee

3) Animation, Visual Effects, Gaming and Comics'

4) Army Veterans Group of Commonwealth

34 / 50

What is the purpose of Centre for Processing Accelerated Corporate Exit (C-PACE)

1) To create a platform for corporate employees to quit their companies

2) To speed up new registrations of companies

3) To create investment opportunities for Indian companies in UAE

4) To facilitate and speed up the voluntary winding-up of companies

35 / 50

PM eVIDYA: Who will benefit by using this platform?

1) Manufacturers

2) Students

3) Farmers

4) Girls

36 / 50

Chemical-free natural farming is to be promoted along the banks of river _______

1) Ganga

2) Sutlej

3) Cauvery

4) Narmada

37 / 50

When is the 'International Year of Millets'?

1) 2001-2002

2) 2020-2021

3) 2030-2031

4) 2022-23

38 / 50

Mission Vatsalya was launched to provide benefits for __________

1) Gold Traders

2) Women & Children

3) Medical companies

4) Fishermen

39 / 50

Gati Shakti' is a plan associated with which sector?

1) Textiles

2) Food

3) Technology

4) Infrastructure

40 / 50

Who was the first woman to present the budget in Indian Parliament?

1) Nirmala Sitharaman

2) Indira Gandhi

3) Smriti irani

4) Mamta Banerjee

41 / 50

What is the name of mobile app launched by Govt of India, that allows you to scan QR codes from textbook and explore interactive learning materials?

1) Daksha app

2) Diksha app

3) Shiksha app

4) Lakshya app

42 / 50

___________ aims to integrate the digital health infrastructure of India such as digital registries of healthcare providers and health facilities, unique health identity, consent framework, and universal access to health facilities.

1) Stand Up India

2) Ayushman Bharat Digital Mission

3) Ayushman Atmanirbhar Bharat

4) Digital India

43 / 50

What is the objective of eSHRAM portal?

1) To create a centralized database of unorganized workers in India

2) To create a database of school students who enroll for online classes.

3) To create an online platform for NGOs present across India.

4) To create a database of all ashrams in India that accept donations

44 / 50

What is the meaning of Sunrise Sector?

1) An industry that utilises the natural source of sunlight for production and preservation of important food materials.

2) A business sector which is currently in its early stage of development but has the potential for substantial and rapid growth in the future.

3) An area or district that is not suited for human living because of the extreme sunlight.

4) A tourist place that has not been explored much by many people just because it is close to sunrise horizon.

45 / 50

Interest free loans for infrastructure projects are to be offered by central government to states for how many years?

1) 30 years

2) 20 years

3) 50 years

4) 10 years

46 / 50

What are Saksham Anganwadis?

1) They are integrated anganwadis that shall function as a primary school for children upto class 5, for continued education of the child.

2) They are anganwadis that are to be established in north east parts of India, in partnership with private kid care centres.

3) They are new generation anganwadis that have better infrastructure and audio-visual aids, powered by clean energy to provide an improved environment for early child development.

4) They are anganwadis that are to be setup at major cities of India only, and showcase them as model centres of child nourishment.

47 / 50

What is the aim of Pradhan Mantri Awas Yojana (Urban) initiative?

1) To provide affordable housing for all in urban areas

2) To provide affordable housing for all police officers.

3) To move everyone from independent houses to apartments

4) To provide affordable housing for all in rural areas

48 / 50

What is the other name of 'Train 18'

1) Rajdhani express

2) ANUVRAT Express

3) Black Diamond Express

4) Vande Bharat Express

49 / 50

75 DBU`s to be setup in 75 districts.What is the full form of DBU?

1) District Board for Uranium

2) District Block Unit

3) Digital Banking Unit

4) Digital Banks Union

50 / 50

What is the aim of Multi Modal Logistics Parks (MMLPs) ?

1) To open IT parks for logistics companies at metro cities.

2) To open multi brand truck showrooms across the country and sell them to drivers.

3) To bring down India’s logistics costs and help boost the national economy.

4) To start educational institutions offering logistics and transportation course at major cities of India.

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