CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Karnataka State Budget 2017-18 presented.Who is the chief minister of Karnataka
A
Jagadish Shettar
B
D. V. Sadananda Gowda
C
Siddaramaiah
D
B. S. Yeddyurappa
Explanation: 

Detailed explanation-1: -The Chief Minister and Finance Minister, Mr. Siddaramaiah presented the Budget for Karnataka for financial year 2017-18 on March 14, 2017.

Detailed explanation-2: -Karnataka Chief Minister Basavaraj Bommai, who holds the portfolio of finance, would present his first budget for 2022-23 on March 4.

Detailed explanation-3: -Mariappa (1904-1964) was a finance minister of Mysore State, India.

Detailed explanation-4: -Expenditure (excluding debt repayment) in 2022-23 is targeted at Rs 2, 51, 541 crore. This is an increase of 5% over the revised estimate of 2021-22 (Rs 2, 38, 600 crore). This expenditure is proposed to be met through receipts (excluding borrowings) of Rs 1, 89, 977 crore and net borrowings of Rs 57, 821 crore.

Detailed explanation-5: -Fiscal deficit is at 2.82 per cent, against 3.44 per cent in 2021-22 and 3.03 per cent in 2020-21. The Karnataka Fiscal Responsibility Act (KFRA) requires the fiscal deficit to be under 3 per cent of GSDP.

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