Expected Current Affairs Questions On The Union Budget 2024 pdf: Union Budget 2024 was presented by the Finance Minister, Nirmala Sitharam in Lok Sabha. Union budget 2024 is an important topic in most of the competitive exam preparations like bank, UPSC, SSC, etc., for the General/Economy/Financial awareness section. By practicing the questions provided in these expected current affairs questions on the union budget 2024 pdf, candidates can crack the bank exams with good scores in the general awareness section asked in the main examination. Also, candidates can utilize these CA Questions on Union Budget 2024 pdf for interview preparation. Also, check Union Budget 2024 Highlights here. This article provides questions on union budget 2023, questions on budget, union budget questions and answers, and union budget 2024 questions. Questions from Union Budget 2024, Union Budget 2024 analysis, current affairs for union budget 2024 pdf, current affairs for union budget 2024 - 25, union budget current affairs 2024, current affairs on budget,  union budget related current affairs, latest union budget, union budget quiz 2024, union budget 2024-25, union budget questions and answers, union budget current affairs in hindi, Union Budget of India are likely to be asked in the upcoming rounds. This Expected Current Affairs Questions On The Union Budget 2023 pdf is provided with answers and detailed explanations. Questions are provided here in this Union budget 2024 questions and answers pdf in the form of MCQs with answers and explanations.

Union Budget 2024 Questions and Answers PDF

Check the sample questions provided here from Union Budget 2024 pdf. For more questions, download the Current Affairs questions on Union Budget 2024 pdf in English and Hindi provided above.

Expected Current Affairs Questions on Union Budget 2024 PDF

Download Union Budget Highlights 2024 PDF

Expected Current Affairs Questions on Union Budget 2024 (Interim)

1. What is the substantial sum allocated for employment, skill development, and education in the
Union Budget 2024–25?

(a) Rs 1.20 lakh crore
(b) Rs 1.35 lakh crore
(c) Rs 1.48 lakh crore
(d) Rs 1.60 lakh crore
(e) Rs 1.75 lakh crore

Answer: C

The middle class, employment, skill development, and assistance for MSMEs are prioritized in the Union Budget 2024–25. A substantial sum of Rs 1.48 lakh crore has been set aside for employment, skill development, and education. 

2. Finance Minister Nirmala Sitharaman broke former Prime Minister Morarji Desai's record on July 23 when she unveiled her_______ consecutive budget for the fiscal year 2024–25.

(a) Seventh
(b) Fifth
(c) Fourth
(d) Sixth
(e) Eighth

Answer: A

Finance Minister Nirmala Sitharaman presented her seventh straight Budget on July 23 for the fiscal 2024-25, surpassing the record of former Prime Minister Morarji Desai. The presentation on July 23 is the first Budget by the BJP-led NDA government since it was re-elected in June 2024. 

3. Which Article of the Indian Constitution requires the Government of India to present a statement of expected income and expenditures for each fiscal year to Parliament?
(a) Article 110
(b) Article 111
(c) Article 112
(d) Article 113
(e) Article 114 

Answer: C

A statement of the Government of India's expected income and expenditures for each fiscal year, which runs from April 1 to March 31st, must be presented to Parliament in accordance with Article 112 of the Constitution. The primary budget document is this declaration, entitled "Annual Financial Statement." 

4. Which edition of the Lok Sabha was established following the general elections in India from 19 April to 1 June 2024?
(a) 16th Lok Sabha
(b) 17th Lok Sabha
(c) 18th Lok Sabha
(d) 19th Lok Sabha
(e) 20th Lok Sabha

Answer: C

Following seven stages of general elections in India from 19 April to 1 June 2024 to elect all 543 Lok Sabha constituencies' MPs, the 18th Lok Sabha was established. 

5. For how many years are the EPFO contributions used to determine the direct incentive under Scheme B of Manufacturing Job Creation?

(a) 2 years
(b) 3 years
(c) 4 years
(d) 5 years
(e) 6 years

Answer: C

In Scheme B ofManufacturing Job Creation, the Employees and employers will receive a direct incentive at a predetermined rate based on their EPFO contributions made during the first four years of employment. 

6. Under Scheme A of Initial Timers, what is the maximum one-month compensation that first-time workers can receive, and how is it payable? 

(a) Up to Rs. 10,000, payable in two payments
(b) Up to Rs. 12,000, payable in four payments
(c) Up to Rs. 15,000, payable in three payments
(d) Up to Rs. 18,000, payable in one lump sum
(e) Up to Rs. 20,000, payable in five payments

Answer: C

Scheme A of Initial Timers, First-time workers shall receive a one-month compensation of up to Rs. 15,000, payable in three payments, as documented in the EPFO. 

For more questions... Download the expected current affairs questions on the Union Budget 2024 pdf provided below.

Download Current Affairs Questions On Union Budget 2024 PDF

Access Free Current Affairs PDFs

FAQs - Union Budget 2024 PDF

Q. Where can I download the expected questions from Union Budget 2024 PDF?

Candidates can download the expected questions from Union Budget 2024 PDF through the direct link provided here.

Q. Whether the expected current affairs questions on Union Budget 2024 pdf provided with solutions?

Yes. The expected current affairs questions on Union Budget 2024 pdf are provided with solutions & detailed explanations.