Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Union Budget 2025-26 Total Number of Question: 40 Time: 41 Minutes All the best... Kind Regards CMA Madhuri Kashyap Profile: Click Here! Name Phone No Email Area Pin Code 1. What is the total expenditure estimated in the Union Budget 2025-26? ₹45 lakh crore ₹50.65 lakh crore ₹55 lakh crore ₹ 60 lakh crore None 2. What is the new income tax exemption threshold under the revised tax regime in Budget 2025-26? ₹5 lakh ₹7 lakh ₹15 lakh ₹12 lakh None 3. Which sector received a focus product scheme aiming to facilitate employment for 22 lakh persons in the Budget 2025-26? Textile Footwear and Leather Automobile Electronics None 4. What is the projected fiscal deficit for the year 2025-26 as per the Union Budget? 3.5% of GDP 4.4% of GDP 5.5% of GDP 6.5% of GDP None 5. Which new program was launched to promote high-yield crops among farmers in the Budget 2025-26? Krishi Vikas Yojana High-Yield Crop Program Samriddhi Kisan Yojana Crop Enhancement Scheme None 6. How much capital expenditure is allocated for infrastructure development in the Union Budget 2025-26? ₹5 lakh crore ₹7.5 lakh crore ₹10 lakh crore ₹12 lakh crore None 7. What initiative was announced to formalize gig economy workers in the Budget 2025-26? Gig Worker Welfare Scheme Gig Economy Formalization Program Gig Worker Social Security Scheme Gig Worker Integration Plan None 8. Which mission aims to achieve 100 GW of nuclear power by 2047 as per the Budget 2025-26? Atomic Energy Mission Nuclear Power Mission Nuclear Energy Mission Atomic Power Initiative None 9. What is the estimated net tax revenue for the fiscal year 2025-26? ₹25 lakh crore ₹28.37 lakh crore ₹30 lakh crore ₹32 lakh crore None 10. Which sector is expected to generate a turnover of ₹4 lakh crore and exports of over ₹1.1 lakh crore under the focus product scheme? Textile Footwear and Leather Automobile Electronics None 11. What is the primary goal of the significant personal tax cuts introduced in the Budget 2025-26? Increase government revenue Stimulate domestic demand Encourage foreign investment Reduce fiscal deficit None 12. Which new tax benefit was introduced for contributions up to ₹50,000 in the Budget 2025-26? NPS Vatsalya PPF Scheme EPF Contribution Sukanya Samriddhi Yojana None 13. What is the projected GDP growth rate for the fiscal year ending in March 2025? 5.4% 6.4% 7.4% 8.4% None 14. Which committee is set to review India's regulatory environment as per the Budget 2025-26? Regulatory Reform Committee Ease of Doing Business Committee Investment Facilitation Committee Business Environment Review Committee None 15. What is the main objective of the measures announced for the toy sector in the Budget 2025-26? Increase imports Boost domestic manufacturing Reduce exports Decrease employment None 16. Which segment of the population is expected to benefit the most from the income tax reliefs in the Budget 2025-26? High-income individuals Middle-class households Corporations Agricultural workers None 17. What is the anticipated impact of the tax cuts on household consumption? Decrease No change Increase Uncertain None 18. Which sector is expected to see increased foreign direct investment due to policy changes in the Budget 2025-26? Insurance Agriculture Retail Real Estate None 19. What is the purpose of the Nuclear Energy Mission announced in the Budget 2025- 26? Reduce fossil fuel dependence Increase coal production Promote solar energy Develop wind energy None 20. Which group is targeted for improved access to healthcare and welfare initiatives in the Budget 2025-26? Government employees Gig economy workers Retired individuals Students None 21. What is the expected outcome of the high-yield crop program for farmers? Decreased productivity Increased crop yields Reduced income Lower market prices None 22. Which new tax-saving investment scheme was introduced in Budget 2025-26? Bharat Savings Bond National Pension Plus Scheme India Growth Fund Atmanirbhar Investment Scheme None 23. How much budgetary allocation has been made for the defense sector in the Budget 2025-26? ₹4.5 lakh crore ₹5.94 lakh crore ₹6.12 lakh crore ₹7.2 lakh crore None 24. Which initiative in Budget 2025-26 aims to boost India's semiconductor manufacturing industry? Digital India Vision Semiconductor India Program Chip India Mission Make in India – Semiconductors None 25. What is the revised capital gains tax exemption limit on residential property sales in Budget 2025-26? ₹50 lakh ₹1 crore ₹2 crore ₹3 crore None 26. Which major railway project received significant funding under Budget 2025-26? Bullet Train Corridor High-Speed Rail Development Bharatmala Rail Initiative Vande Bharat Expansion None 27. How much allocation has been made for the Pradhan Mantri Awas Yojana (PMAY) in Budget 2025-26? ₹60,000 crore ₹75,000 crore ₹90,000 crore ₹1 lakh crore None 28. Which new scheme has been introduced to provide affordable healthcare in Budget 2025-26? Ayushman Plus Scheme National Health Security Scheme Bharat Aarogya Abhiyan Swasth Bharat Yojana None 29. Which tax was reduced to boost MSME sector growth in Budget 2025-26? GST Corporate Tax Income Tax Customs Duty None 30. The Union Budget 2025-26 aims to achieve how much solar power generation capacity by 2030? 200 GW 250 GW 300 GW 350 GW None 31. What is the expected revenue from divestment and asset monetization as per the Budget 2025-26? ₹50,000 crore ₹1 lakh crore ₹1.5 lakh crore ₹2 lakh crore None 32. Which new initiative was launched to promote Artificial Intelligence in Budget 2025-26? AI India Mission Digital Intelligence Program Future Tech Vision AI Bharat Abhiyan None 33. What is the budgetary allocation for infrastructure development under Budget 2025-26? ₹7 lakh crore ₹9.5 lakh crore ₹10 lakh crore ₹11 lakh crore None 34. The government aims to increase agricultural credit to what amount in Budget 2025-26? ₹15 lakh crore ₹18 lakh crore ₹20 lakh crore ₹22 lakh crore None 35. How many new airports are planned under the Budget 2025-26? 25 35 50 75 None 36. Which ministry received the highest allocation in the Union Budget 2025-26? Ministry of Defence Ministry of Finance Ministry of Railways Ministry of Education None 37. Which digital payment initiative received increased support under Budget 2025-26? UPI 3.0 Bharat Pay Expansion Digital Rupee Expansion E-Rupee Integration None 38. How much has been allocated for research and development in the Budget 2025-26? ₹30,000 crore ₹40,000 crore ₹50,000 crore ₹60,000 crore None 39. Which state received the highest allocation for infrastructure projects in the Budget 2025-26? Maharashtra Uttar Pradesh Tamil Nadu Gujarat None 40. The government plans to introduce how many new railway routes under the Budget 2025-26? 100 150 200 250 None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
