India Budget (Latest) MCQs for LDC
Practice 20 free india budget (latest) multiple choice questions for LDC exam. Instant answers, explanations in Hindi and English, and topic-wise targeted practice.
Master India Budget (Latest) under Current Economic Reports for LDC with our curated MCQ set. Every question is sourced from real Rajasthan exam patterns and updated regularly. Switch between Hindi and English anytime. Use this daily to strengthen weak areas before the exam.
LDC — Current Economic Reports — India Budget (Latest)
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Consider the following statements regarding the 10% nominal GDP growth target: 1. It represents the baseline for all revenue buoyancy expectations in the budget. 2. It assumes a 10% real economic expansion with 0% inflation. Which of the statements given above is/are correct?
Question 2 of 20
How many dedicated Chemical Parks are planned to be established via a 'challenge route' plug-and-play model?
Question 3 of 20
Consider the following statements regarding the 'Tax Year' concept introduced in the new legislation: 1. It successfully ends the requirement to separate the year of earning from the year of assessment. 2. It aligns the Indian direct taxation timeline with globally recognized reporting standards. 3. It will cause tax forms to become more complex due to overlapping dates. Which of the statements given above is/are correct?
Question 4 of 20
Consider the statements regarding CCUS (Carbon Capture Utilization and Storage): 1. It is primarily designed to transition the IT sector to solar power. 2. It receives a financial outlay of ₹20,000 crore over 5 years. 3. It aids in protecting Indian exports from the EU's CBAM. Which of the statements given above are correct?
Question 5 of 20
Derivatives par Securities Transaction Tax (STT) badhne ke theek baad share market me kya asar dekha gaya tha?
Question 6 of 20
The principle of 'Sabka Saath Sabka Vikas', which guarantees equitable enjoyment for every family and community, is the core focus of which budgetary duty?
Question 7 of 20
Sarkar 'Biopharma SHAKTI', 'CCUS funding' aur 'ISM 2.0' jaisi initiatives par kyu focus kar rahi hai?
Question 8 of 20
Which specific issue forced businesses and individuals to spend excessive resources under the old tax system?
Question 9 of 20
The 'Purvodaya' scheme, identified as a highly targeted geographic intervention, primarily aims at which of the following developmental goals?
Question 10 of 20
Given below are two statements, one labeled as Assertion (A) and the other as Reason (R): Assertion (A): Under the Income Tax Act 2025, ordinary taxpayers will no longer experience statutory timing confusion regarding the reporting of their income. Reason (R): The transition to a unified 'Tax Year' guarantees that income earned between April 1 and March 31 is categorically assessed and reported under that same, singularly named period. In the context of the above two statements, which one of the following is correct?
Question 11 of 20
Consider the following statements regarding the Industrial Revival and Textile Programs: I. A scheme has been introduced to revive 200 legacy industrial clusters through infrastructure and technology upgrades. II. The Integrated Programme for Textiles comprises ten distinct sub-parts. III. Mega Textile Parks will be established via a "challenge route" plug-and-play model. Which of the statements given above are correct?
Question 12 of 20
How many regional languages does the 'Voice-First' Bharat-VISTAAR AI platform support to ensure deep digital inclusion for grassroots farmers?
Question 13 of 20
The fiscal strategy of the Union Budget 2026-27 signals a decisive paradigm shift from which traditional model to deep capacity-building?
Question 14 of 20
Which of the following dual-year accounting concepts was utilized by the Income Tax Act of 1961, frequently causing timeline confusion among ordinary taxpayers?
Question 15 of 20
When calculating the central excise duty on biogas-blended CNG, what specific adjustment is legally mandated to boost the compressed biogas sector?
Question 16 of 20
Critical upstream raw materials secured through the Rare Earth Mission are cited as primarily essential for driving which two advanced sectors?
Question 17 of 20
Which of the following represents a systemic vulnerability directly associated with the 'Corporate Mitras' initiative?
Question 18 of 20
A key structural economic reform aimed at long-term prosperity is the 'formalization of the economy.' Which of the following is a direct, positive macroeconomic outcome of economic formalization?
Question 19 of 20
Prior to rationalization, remittances made under the Liberalized Remittance Scheme (LRS) for medical and educational purposes could face a maximum tax rate of what percentage if certain limits were crossed?
Question 20 of 20