BANKING GENERAL KNOWLEDGE
Question
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The Finance Minister has announced that for the first time the country’s Defence Budget will be of over____lakh crore.
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Rs 10 lakh crore
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Rs 7 lakh crore
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Rs 3 lakh crore
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Rs 15 lakh crore
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Explanation:
Detailed explanation-1: -The Defence Pension Budget registers a notable jump of 15.5 % in FY 2023-24. In absolute terms, this amount is Rs 1, 38, 205 Crore in BE 2023-24 against Rs 1, 19, 696 crore in BE 2022-23. Further, RE 2022-23 allocations at Rs 1, 53, 415 crore records a significant jump of 28%, amounting to Rs 33, 718 crores.
Detailed explanation-2: -New Delhi: The defence budget was increased to ₹ 5.94 lakh crore for 2023-24 from last year’s allocation of ₹ 5.25 lakh crore.
There is 1 question to complete.