BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Finance Minister has announced that for the first time the country’s Defence Budget will be of over____lakh crore.
A
Rs 10 lakh crore
B
Rs 7 lakh crore
C
Rs 3 lakh crore
D
Rs 15 lakh crore
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.