The Interim Budget for 2019-20 puts total expenditure at

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Rs 47, 12, 700 crore
B	Rs 36, 23, 500 crore
C	Rs 27, 84, 200 crore
D	Rs 24, 13, 800 crore

Explanation:

Detailed explanation-1: -Total expenditure in 2019-20 is expected to be Rs 27, 86, 349 crore, which is 13.4% higher than the revised estimate of 2018-19.

Detailed explanation-2: -The Indian government’s main source of income is from Goods and Services Tax (GST) and income tax.

Detailed explanation-3: -Sources: Expenditure Budget, Union Budget 2019-20; PRS. Agriculture, Cooperation and Farmers’ Welfare has been allocated Rs 1, 30, 485 crore in 2019-20, an increase of 92.5% (Rs 62, 685 crore) over the revised estimate of 2018-19.

Detailed explanation-4: -In the budget for 2019-20, Rs 2216.92 was allocated for sports but it was later revised to 2776.92. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

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