Budget based General Awareness Questions for Indian Bank PO

Dear Readers,
As we all know SBI PO is here and we are ready with the 80 days plan in which we provide you daily quizzes on new pattern questions with different topics that will help you to go through this exam.
So, here we are with the General Awareness Questions which will help you in SBI PO mains.


Q1. Union finance minister Arun Jaitley has tabled the Economic Survey 2016-17 in Parliament budget session. The survey projects the economy to grow in the range of ___________ to __________ in the next fiscal year 2017-18 in the post-demonetisation year. 
(a) 6.00% to 6.75% 
(b) 6.25% to 6.50% 
(c) 6.50% to 7.00% 
(d) 6.75% to 7.50%  
(e) None of the given options is true

Q2. Fiscal deficit in the first nine months of 2016-17 touched _________ of the Budget estimate. 
(a) 80.5%
(b) 68.1%
(c) 72.3%
(d) 84.8%
(e) 93.9%

Q3. In a major step, Finance Minister Arun Jaitley has announced the reduction of the existing rate of taxation for individuals with income ranging between Rs 2.5 lakh to Rs 5 lakh to _________ instead of 10%. 
(a) 6% 
(b) 7%
(c) 5%
(d) 8%
(e) 9%

Q4. How much surcharge for those whose annual income is Rs 50 lakh to Rs 1 crore, announced by Finance Minister Arun Jaitley in the Union Budget 2017-18?
(a) 5%
(b) 10%
(c) 15%
(d) 20%
(e) None of the given options is true

Q5. Finance Minister Arun Jaitley has pegged the total expenditure of budget 2017-18 at Rs ___________ lakh crore.
(a) Rs 21.47 lakh crore
(b) Rs 10.35 lakh crore
(c) Rs 55.47 lakh crore
(d) Rs 37.12 lakh crore
(e) None of the given options is true

Q6. How much amount will allocate for Pradhan Mantri Gram Sadak Yojana (PMGSY) in union budget 2017-18?
(a) Rs. 15,000 crore
(b) Rs. 37,435 crore
(c) Rs. 55,000 crore
(d) Rs. 19,000 crore
(e) Rs. 64,000 crore

Q7. NABARD has hailed the increased focus on irrigation and dairy sectors in the Budget which has hiked the corpus of long-term irrigation fund by another Rs 20,000 crore, taking the total fund size to how much amount?
(a) Rs 60,000 crore
(b) Rs 50,000 crore
(c) Rs 30,000 crore
(d) Rs 40,000 crore
(e) None of the given options is true

Q8. How much amount has been decided in Union Budget to allocate towards recapitalisation of public sector banks in FY2017-18?
(a) Rs. 20,000 crore 
(b) Rs. 49,000 crore 
(c) Rs. 38,000 crore 
(d) Rs. 10,000 crore
(e) Rs. 70,000 crore 

Q9. National carrier Air India will receive how much amount as equity infusion in 2017-18 under the government’s ongoing financial assistance and the amount is slightly higher than the allocation for 2016-2017?
(a) Rs 1,800 crore
(b) Rs 5,000 crore
(c) Rs 2,700 crore
(d) Rs 300 crore
(e) None of the given options is true

Q10. To augment income of farmers budget has proposed setting-up of a Dairy Processing and Infrastructure Development Fund with a corpus of ___________ over three years.
(a) Rs 19,000 crores 
(b) Rs 20,000 crores 
(c) Rs 5,000 crores 
(d) Rs 10,000 crores 
(e) Rs 8,000 crores

Q11. The Women and Child Development Ministry has received a nearly 26 percent increase in budget allocation this year with the total money set aside climbing to _____________ from Rs 17,640 crore last year.
(a) Rs 70,730 crore
(b) Rs 49,000 crore
(c) Rs 19,042 crore
(d) Rs 22,095 crore
(e) Rs 11,210 crore

Q12. The Sports Ministry budget got a substantial hike of Rs 350 crore in the union budget for 2017-18, presented by Finance Minister Arun Jaitley in the Parliament. How much amount has allocated compared to Rs 1592 crore earmarked last year for Sports Ministry budget?
(a) Rs 9715 crore
(b) Rs 1342 crore
(c) Rs 1943 crore
(d) Rs 5191 crore
(e) None of the given options is true

Q13. PMEGP is a credit-linked subsidy programme launched by Ministry of MSME in 2008-09 for creation of employment in both rural and urban area of the country. PMEGP stands for-
(a) Prime Minister’s Emergency Generation Product 
(b) Prime Minister’s Employment Guarantee Peace 
(c) Prime Minister’s Essential Generation Problem
(d) Prime Minister’s Employment Grameen Programme 
(e) Prime Minister’s Employment Generation Programme

Q14. What is the total allocation that is kept for the rural, agriculture and allied sectors in 2017-18? 
(a) Rs.1,87,223 crores
(b) Rs.5,41,110 crores
(c) Rs.10,000 crores
(d) Rs.40,10,223 crores
(e) Rs.10,00,000 crores

Q15. Name the platform that is proposed to be launched to teach at least 350 courses by the best faculty online?
(b) CERT
(e) None of the given options is true

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