BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Finance Minister Arun Jaitley during his budget speech (2018-19) stated that ‘the measures have started showing results and a recent study has shown that____lakh formal jobs will be created this year.
A
90 lakh
B
30 lakh
C
50 lakh
D
70 lakh
Explanation: 

Detailed explanation-1: -In 2018, finance minister Arun Jaitley’s speech had 18, 604 words. he record of the shortest Budget speech was set in 1977 by then finance minister Hirubhai Mulljibhai Patel. It had 800 words.

Detailed explanation-2: -The correct answer is option 3 i.e. 1, 2, and 3. The Union Budget for 2017-18 was announced by Late Mr Arun Jaitley on February 1, 2017. Theme for Budget 2017-18 was: “Transform, Energise and Clean India” – TEC.

Detailed explanation-3: -He studied at St. Xavier’s Senior Secondary School, Delhi from 1957 to 1969. He graduated with the honours degree in commerce, B.Com from Shri Ram College of Commerce of Delhi University in 1973. He passed his LL.B. degree from Faculty of Law, University of Delhi in 1977.

Detailed explanation-4: -At the end of fiscal year 2018, the budgeted estimate of revenue expenditure on non-developmental expenses of India’s central and state governments amounted to more than 22 trillion Indian rupees and developmental expenses amounted to approximately 19 trillion rupees.

There is 1 question to complete.