Current Affairs Quiz: 2 February 2019
Q1. The interim Finance Minister Piyush Goyal presented Interim Budget for 2019-20 on 1 Feb. Now, individual taxpayers with annual income up to what amount will get full tax rebate?
1) Rs 3 lakh
2) Rs 3.5 lakh
3) Rs 4 lakh
4) Rs 4.5 lakh
5) Rs 5 lakh
Q2. _ involves intervention by the banking regulator (RBI) so that a ‘weak’ bank takes corrective measures to restore its financial health.
1) OMO
2) PCA
3) CAR
4) ALM
5) CDR
Q3. As per the proposals of the Interim Budget for 2019-20, the standard tax deduction for salaried persons has been raised from Rs 40,000 to
1) Rs 45,000
2) Rs 50,000
3) Rs 55,000
4) Rs 60,000
5) Rs 65,000
Q4. The GDP growth in the financial year 2017-18 remained at what per cent according to the revised numbers of the Central Statistics Office (CSO)?
1) 6.5 per cent
2) 6.7 per cent
3) 6.9 per cent
4) 7.2 per cent
5) 8.2 per cent
Q5. The interim Finance Minister Piyush Goyal announced Pradhan Mantri Kisan Samman Nidhi in the Interim Budget recently. Under the scheme, what total amount will be transferred directly to farmers’ bank accounts each year in three instalments?
1) Rs 2,000
2) Rs 4,000
3) Rs 6,000
4) Rs 8,000
5) Rs 10,000
Q6. Ojos del Salado is a volcano peak situated in which country?
1) Chile
2) Peru
3) Colombia
4) Brazil
5) Mexico
Q7. According to the estimate of incomes and expenditure in the Interim Budget for 2019-20, the fiscal deficit of year 2019-20 has been pegged at what per cent of GDP?
1) 2.4%
2) 2.8%
3) 3.4%
4) 3.6%
5) 4.4%
Q8. Pravin Gordhan was conferred Padma Bhushan (foreigner) recently in public affairs category. He hails from
1) Mauritius
2) Suriname
3) Canada
4) Australia
5) South Africa
Q9. According to the proposals of the Interim Budget for 2018-19, the Tax Deducted at Source (TDS) threshold on interest on bank and post office deposits has been raised from Rs 10,000 to
1) Rs 20,000
2) Rs 25,000
3) Rs 30,000
4) Rs 35,000
5) Rs 40,000
Q10. The US imposed visa restrictions on Ghana recently. The capital city of Ghana is
1) Baku
2) Manama
3) Accra
4) Bamako
5) Nassau
Answers:
1.5
2.2
3.2
4.4
5.3
6.1
7.3
8.5
9.5
10.3
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Union Budget 2019 Quiz: Questions Based on Interim Budget 2019