2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs 20, 000 crore
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Rs 50, 000 crore
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Rs 70, 000 crore
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Rs 90, 000 crore
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Detailed explanation-1: -Further, Rs 70,000 crore will be provided for recapitalisation of Public Sector Banks. Government borrowings: Currently, the gross borrowing programme of the government is funded entirely through domestic borrowings. The government plans to raise a part of its borrowings abroad in foreign currency.
Detailed explanation-2: -7. What is the biggest item of income of the central government in 2019-20 budget? Explanation: In 2019-20, the biggest items of government’s revenue receipt are the GST and corporation tax.
Detailed explanation-3: -During 2019-20, the government had proposed to make a Rs 70,000-crore capital infusion into PSBs to boost credit for a strong impetus to the economy.
Detailed explanation-4: -Union Budget 2019 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 5.