IMPORTANT CURRENT AFFAIRS QUESTIONS BASED ON BUDGET 2019-20

1. What is the name of new water conservation scheme announced by Finance Minister Nirmala Sitharaman during budget 2019 speech?

a)      Jal Jeevan Mission

b)      Jal Jyoti Mission

c)       Jal Sanrakshan Mission

d)      Samaan Jal Adhikar Mission

Answer: Jal Jeevan Mission

2. Name of education body announced by Nirmala Sitharaman to promote research in India.

a)      National Research Foundation

b)      National Scholars Foundation

c)       Research Institute of India

d)      All India Research Institute

Answer: National Research Foundation

3. The Union Government has proposed to make which two identity cards interchangeable?

a)      PAN and Aadhaar

b)      Aadhaar and Voter ID

c)       Metro card and Aadhaar

d)      Voter ID and PAN card

Answer: PAN and Aadhaar

4. How much amount is allocated in the Union Budget 2019 to boost credit in Public Sector Banks?

a)      Rs 20,000 crore

b)      Rs 50,000 crore

c)       Rs 70,000 crore

d)      Rs 90,000 crore

Answer: Rs 70,000 crore

5. The Union Budget 2019 targets what amount through the disinvestment of CPSEs including Air India?

a)      Rs 90,000 crore

b)      Rs 1,05,000 crore

c)       Rs 1,50,000 crore

d)      Rs 1,95,000 crore

Answer: Rs 1,05,000 crore

6. The Union Government has proposed modernization of which among the following in Budget 2019 to enable ease of living?

a)      Airport

b)      Bus Stands

c)       Metro Stations

d)      Railway stations

Answer:Railway stations

7. An encyclopedia is being developed on which among the following freedom fighters?

a)      Vallabhbhai Patel

b)      Subhas Chandra Bose

c)       Chandra Shekhar Azad

d)      Mahatma Gandhi

Answer: Mahatma Gandhi

8. Name the yojana that has been proposed by the Union Government for the fisheries sector?

a)      Pradhan Mantri Karamyogi Maandhan Yojana

b)      Pradhan Mantri Matsya Sampada Yojana

c)       Pradhan Mantri Matsya Shram Yojana

d)      Pradhan Mantri Bandargah Maandhan Yojana

Answer:Pradhan Mantri Matsya Sampada Yojana

9. The Budget 2019 reduces tax rate for companies having annual turnover up to Rs 400 crore. How much tax these companies need to pay now?

a)      10 percent

b)      15 percent

c)       20 percent

d)      25 percent

Answer: 25 percent

10. For which sector a new TV channel would be launched as announced in Budget 2019?

a)      Banking

b)      Start-ups

c)       Education

d)      Parenting

Answer: Start-ups