UNION BUDGET MCQS QUIZ FOR SBI PO: PART 5

Dear Aspirants,
We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I am providing you third quiz. keep learning

1.As per the Union Budget 2017-18, centre has allocated how much amount to set up Mahila Shakti Kendra?
A.Rs. 500 crores
B.Rs. 750 crores
C.Rs. 600 crores
D.Rs. 825 crores
Answer: A.Rs. 500 crores

2.The union government aims to achieve a target of how many digital transactions in 2017-18 through UPI, USSD, Aadhar Pay, IMPS and debit cards?
A.3000 crore
B.2500 crore
C.1700 crore
D.2900 crore
Answer: B.2500 crore

3.Among the given statements, which are true in respect of the Union Budget 2017-18?
i.Government aims to launch a scheme to create employment in the leather and footwear
industries along the lines in Textiles Sector.
ii.Incredible India 4.0 Campaign will be launched across the world to promote tourism and
employment.
iii.SWAYAM platform, leveraging IT, to be launched with at least 350 online courses.
A.Only ii & iii
B.Only i & iii
C.None are Correct
D.All are Correct
Answer: D.All are Correct

4.The Union government aims to create how many additional Post Graduate seats per annum in Medical colleges to ensure adequate availability of specialist doctors to strengthen Secondary and Tertiary levels of health care?
A.5000
B.2500
C.7500
D.3000
Answer: A.5000

5.The Basic customs duty on LNG has been reduced from 5 percent to _______  percent.
A.3 Percent
B.2 Percent
C.4.5 Percent
D.2.5 Percent
Answer: D.2.5 Percent

6.The Union Government has targeted the fiscal deficit for 2017-18 at _______percent 
of GDP
A.3 Percent
B.2.5 Percent
C.3.2 Percent
D.2.7 Percent
Answer: C.3.2 Percent

7.How many new All India Institutes of Medical Sciences (AIIMS) would be set up in 
2017-18 as per the Union Budget 2017?
A.5
B.7
C.2
D.3
Answer: C.2

8.Banks have targeted to introduce how many Aadhar based Point-Of-Sales (POS) 
machines by September 2017?
A.25 Lakh
B.19 Lakh
C.32 Lakh
D.20 Lakh 
Answer: D.20 Lakh 

9.Banks have targeted to introduce additional 10 lakh new POS terminals by which year?
A.March 2017
B.April 2018
C.February 2020
D.March 2019
Answer: A.March 2017

10.How much amount has been allocated for recapitalization of Banks provided in     2017-18 as per the estimates of Union Budget 2017-18?
A.Rs. 12,000 crores
B.Rs. 10,000 crores
C.Rs. 15,500 crores
D.Rs. 11,250 crores
Answer: B.Rs.10,000 crores


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