CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the size of the budget in the year 2019-2020?
A
25 lakh crore
B
27 lakh crore
C
27.86 lakh crore
D
28 lakh crore
Explanation: 

Detailed explanation-1: -Total Expenditure: The government is estimated to spend Rs 27,86,349 crore during 2019-20. This is 13.4% more the revised estimate of 2018-19.

Detailed explanation-2: -The 2020 Union Budget of India (ISO: 2020 kē liē Bhārat kā Kēndrīya Bajaṭ) was presented by the Finance Minister, Nirmala Sitharaman on 1 February 2020, as her second budget. This is the second budget of Narendra Modi-led NDA government’s second term.

Detailed explanation-3: -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-4: -Expenditure: The government proposes to spend Rs 39,44,909 crore in 2022-23, which is an increase of 4.6% over the revised estimate of 2021-22. In 2021-22, total expenditure is estimated to be 8.2% higher than budget estimate.

There is 1 question to complete.