Union Budget 2023 – In today’s class we have discussed about some important Union Budget 2023 GK Questions Answers. Here we have covered topics like the new taxation system, latest schemes and yojana launched 2023, important industries discussed in budget 2023, expenditure outlay allocated by finance ministry, budget 2023 important highlights, and many more.
Union Budget 2023 GK Questions Answers
Q. Who has presented the Union Budget 2023 in the parliament?
a. Narendra Modi
b. Nirmala Sitharaman
c. Draupadi Murmu
d. Amit Shah
Ans. b
Q. Who is Nirmala Sitharaman?
Ans. At present she is the Finance minister of India. She is the first full time woman finance minister of India. She presented her first budget in the year 2014.
Q. How many key priorities are mentioned in Union Budget 2023?
a. 6
b. 7
c. 13
d. 15
Ans. b
> These 7 priorities are collectively called Saptarishi
> These 7 priorities are = 1. Unleashing the potential, 2. Green growth, 3. Youth power, 4. Financial sector, 5. Inclusive development, 6. Reaching the last mile and 7. Infrastructure and investment
Q. In Union Budget 2023, which crop is referred as ‘Shree Anna’?
a. Sugarcane
b. Paddy
c. Millets
d. Wheat
Ans. c
Q. As per Union Budget 2023, how many new nursing colleges will be established by the central government?
a. 159
b. 157
c. 160
d. 161
Ans. b
Q. Which ministry has got the highest allocation in Union Budget 2023?
a. Agri ministry
b. Education ministry
c. Defence ministry
d. Finance ministry
Ans. c
Union Budget 2023 Current Affairs GK Quiz
Q. As per Union Budget 2023, how much fund will be outlay for the ‘Atmanirbhar Clean Plant Programme’?
a. Rs. 2500 crore
b. Rs. 2200 crore
c. Rs. 1500 crore
d. Rs. 1100 crore
Ans. b
Q. As per the Union Budget 2023, the government will launch a mission to end ___________ disease by the year 2047?
a. Malaria
b. Corona Virus
c. Sickle cell Anaemia
d. Dengue
Ans. c
Q. Government will support which research institute to boost the production of Millets (Shree Anna)?
Ans. Indian Institute of Millet Research, Hyderabad
Q. Government will launch a new sub-scheme under ‘PM Matsya Sampada Yojana’ with a total investment of?
a. Rs. 5000 crore
b. Rs. 6000 crore
c. Rs. 7000 crore
d. Rs. 11000 crore
Ans. b
Q. As per the Union Budget 2023, government will launch the ‘PM PVTG Program’ for the upliftment and development of?
a. Farmers
b. Beggars
c. Tribal groups
d. Transgender
Ans. c
> PM PVTG = Pradhan Mantri Primitive Vulnerable Tribal Groups
Q. For the digitization of ancient inscriptions, the government will launch?
a. Bharat Shri
b. Digital Shri
c. Go India Shri
d. Make in India Shri
Ans. a
Q. As per Union Budget 2023, the outlay investment of ‘PM Awas Yojana’ will be enhanced by how much percent?
a. 76%
b. 66%
c. 55%
d. 50%
Ans. b
Union Budget 2023 GK Quiz
Q. As per the Union Budget 2023, the Capital Expenditure outlay will be increased by how much percent?
a. 44%
b. 33%
c. 46%
d. 34%
Ans. b
Q. As per the Union Budget 2023, total Capital outlay for Railways will be?
a. Rs. 2.5 lakh crores
b. Rs. 2.4 lakh crores
c. Rs. 2.6 lakh crores
d. Rs. 1.6 lakh crores
Ans. b
Q. How many labs will be setup for developing 5G service Applications?
a. 150
b. 100
c. 180
d. 200
Ans. b
Q. Under which scheme the supply of free food grains to the poor has been extended for one more year?
a. Awas Yojana Scheme
b. Antyodaya Scheme
c. Make in India Scheme
d. Bharat Scheme
Ans. b
Q. Under the Union Budget 2023, government will start a new yojana for women where they will get 7.5% interest on savings for 2 lakhs. The name of the yojana is?
Ans. Mahila Samman Bachat Patra Yojana
Q. Under which scheme the government has increased the amount from 4.5 lakhs to 9 lakhs?
Ans. Senior Citizen Account Scheme
Union Budget 2023 GK Questions Answers
Q. Government will launch E-courts project (for digital upgradation of courts) for justice by an investment outlay of?
a. Rs. 5000 crore
b. Rs. 2000 crore
c. Rs. 7000 crore
d. Rs. 1500 crore
Ans. c
Q. As per the Union Budget 2023, what will be the outlay of National Green Hydrogen Mission?
a. Rs. 19700 crore
b. Rs. 19500 crore
c. Rs. 14500 crore
d. Rs. 15000 crore
Ans. a
Q. Which programme will be launched to promote Alternative Fertilizers and to reduce the use of Chemical Fertilizers?
Ans. PM PRANAM
> PM PRANAM = PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth
Q. What is the big announcement in the Union Budget 2023 regarding Income Tax limits?
Ans. No tax will have to be paid till the annual income of up to Rs.7 lakh. Earlier the limit was Rs.5 lakh. The government proposed to increase income tax rebate limit from Rs.5 lakh to Rs.7 lakh.
Q. Under the GOBAR-dhan scheme, how many new ‘waste to wealth’ plants will be established?
a. 400
b. 500
c. 600
d. 700
Ans. b
> GOBAR-dhan = Galvanizing Organic Bio-Agro Resources Dhan
Q. For the development of mangrove plantation along the coastline, which initiative will be promoted?
Ans. MISHTI (Mangrove Initiative for Shoreline Habitats & Tangible Incomes)
Q. What will be the Fiscal Deficit for the financial year 2023-24?
Ans. 5.9%
Q. As per Union Budget 2023, what is the total estimated expenditure for the financial year 2023-24?
a. 30 lakh crores
b. 40 lakh crores
c. 45 lakh crores
d. 50 lakh crores
Ans. c
2023 Current Affairs GK Questions Answers
