Union Budget 2018-2019 Expected Question for Railway Posts 2018


Union Budget 2018-2019 Expected Question for Railway Posts: Hi Viewers welcome to our web portal ssc-ibps.com, in this post we are sharing the Some Important expected questions for the topic of the Union Budget 2018-2019. From This union Budget of this year Maximum 3-5 questions are asked in the every Competitive Exam like as Railway Recruitment Board Assistant Loco Pilot, Group D Posts, SBI Clerk, SBI PO, IBPS Clerk, IBPS Po and Other Government Exams. Below we enclosed the some of the important questions with answers formed by the Union Budget 2018-2019. Our Finance Minster Arun Jettly has presented to parliament on February 2018.

Union Budget 2018-2019 Expected Question for Railway Exams

Union Budget 2018-2019 Expected Question for Railway Posts 2018

As per the Union Budget 2018-19, what is the projected fiscal deficit for the financial year 2018-19?

Answer: 3.3 %

Fiscal Deficit is pegged at 3.5 % of GDP at Rs 5.95 lakh crore for 2017-18 and projected at 3.3 % for 2018-19.

What is the target set for disinvestment for the financial year 2018-19?

Answer: Rs 80,000 crore

Disinvestment crossed target of Rs 72,500 crore and likely to reach Rs 1, 00,000 crore in 2017-18. Disinvestment target of Rs 80,000 crore set for 2018-19.

How much amount has been targeted for lending under MUDRA for 2018-19?

Answer: 3 Lakh Crore

Set target of RS 3 lakh crore for lending under MUDRA for 2018-19.

The PAN card has been made mandatory for any transaction of Rs _______ lakh or more

Answer: 2.5 Lakh

Government makes Permeant Account Number (PAN) mandatory for any entity entering into a financial transaction of Rs 2.5 lakh or more.

According to the 2018-19 Union Budget, the Customs duty on mobile phones will be increased from 15 percent to _____ percent

Answer: 20 %

The Customs duty on mobile phones will be increased from 15 percent to 20 percent of the Budget Year 2018-2019.

What is the estimated GDP growth of India for the fiscal 2018-19 according to the latest prediction by IMF?

Answer: 7.4%

International Monetary Fund (IMF), in its latest update, has forecasted that India will grow at 7.4% next year.


What is the amount of revised emolument of the President of India as stated in the Budget 2018?

Answer: Rs 5 lakh

Emoluments of the President revised to Rs 5 lakh; Vice President to Rs 4 lakh; and Governors to Rs 3.5 lakh per month.


As per the Union Budget 2018-19, the growth in direct tax as recorded up to January 15, 2018, stood at _____ percent

Answer: 18.7%

Growth in direct taxes up to 15th January, 2018 is 18.7%.

How much amount has been allocated for setting up 5 lakh wi-fi hotspots in rural area?

Answer: Rs 10,000 crore

Rs 10,000 crore allocated to set up 5 lakh wi-fi hotspots to provide broadband access to five crore rural citizens.

What percent of wages of new employees would be contributed by the government in the EPF for all sectors in the next 3 years?

Answer: 12%

Government to contribute 12% of the wages of the new employees in the EPF for all the sectors for next 3 years

How many new full-fledged Schools of Planning and Architecture (SPA) has been announced to be set up as per the Budget 2018?

Answer: 2

Set up two new full-fledged Schools of Planning and Architecture (SPA) selected on challenge mode.

As per the Union Budget 2018-19, any cash payment made above Rs _______ by trust or institution will be subjected to tax

Answer: Rs 10,000

Payments exceeding Rs. 10,000 in cash made by trusts and institutions to be disallowed and would be subject to tax

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Union Budget 2018-2019 Expected Question for Railway Posts 2018 Union Budget 2018-2019 Expected Question for Railway Posts 2018 Reviewed by SSC-IBPS on 19:27:00 Rating: 5

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