BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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3.5 trillion
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4.5 trillion
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5.5 trillion
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2.5 trillion
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Detailed explanation-1: -Budget Estimates 2023-24 Concluding the Part-One of the General Budget, Ms Nirmala Sitharaman said that the total receipts other than borrowings and the total expenditure are estimated at Rs 27.2 lakh crore and Rs 45 lakh crore respectively. The net tax receipts are estimated at Rs 23.3 lakh crore.
Detailed explanation-2: -7.50 lakh crore in 2022-23 from Rs. 5.54 lakh crore in the current year. Outlay in 2022-23 to be 2.9% of GDP. ‘Effective Capital Expenditure’ of Central Government estimated at Rs.
Detailed explanation-3: -Revised Estimates 2022-23: The total receipts other than borrowings is Rs 24.3 lakh crore, of which the net tax receipts are Rs 20.9 lakh crore. The total expenditure is Rs 41.9 lakh crore, of which the capital expenditure is about Rs 7.3 lakh crore.
Detailed explanation-4: -NEW DELHI, Feb 1 (Reuters)-The Indian government on Wednesday unveiled a 45 trillion rupees ($549.14 billion) spending budget for the next fiscal year starting April to boost economic growth, while aiming to lower fiscal deficit before elections due next year.