Union Budget 2025

The Indian Union Budget 2025 places significant emphasis on four key pillars, often referred to by the acronym "GYAN." Which of the following correctly identifies these four pillars?

• Grahak, Yojna, Aarthik, and Nagrik. (Consumer, Scheme, Economic, and Citizen)

• Gramin, Udyog, Aay, and Nirman. (Rural, Industry, Income, and Construction)

• Garib, Yuva, Annadata, and Nari. (Poor, Youth, Farmer, and Woman)

• Gyan, Yogdan, Awas, and Nivesh. (Knowledge, Contribution, Housing, and Investment)

Answer explanation

c) Garib, Yuva, Annadata, and Nari. (Poor, Youth, Farmer, and Woman)

The Union Budget 2025-26 focuses on which main theme?

• Digital India

• Make in India

• Sabka Vikas

• Skill India

How many consecutive budgets has Nirmala Sitharaman presented as of 2025?

• 8

• 10

• 5

• 12

Which cultural destinations will receive special focus according to the 2025 budget?

• Historical forts

• Ancient temples

• Coastal areas

• Destinations related to the life and times of Lord Buddha

The Union Budget is prepared by which department of the Ministry of Finance?

• Department of Revenue

• Department of Economic Affairs

• Department of Expenditure

• Department of Financial Services

What is the constitutional basis for the presentation of the Union Budget?

• Article 110
  
  

• Article 112

• 
  Article 280

• Article 324

What is the primary purpose of an Interim Budget in India?

• To introduce new long-term policies

• To revise the previous year's budget

• To manage government expenses until a new government is formed

• To revise the previous year's budget

Which tax reform is proposed in the Union Budget 2025 to simplify the tax structure?

• Introduction of a new tax slab

• Reduction in corporate tax rates

• Implementation of a single GST rate

• Increase in income tax exemption limits

Who was the first finance minister to present the Union Budget of independent India?

• Morarji Desai

• R.K. Shanmukham Chetty

• Yashwantrao Chavan

• C.D. Deshmukh

In which year was the railway budget merged with the Union Budget?

• 2014

• 2016

• 2017

• 2019