Union Budget Quiz: Set 1

10 Questions | Total Attempts: 56535

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Union Budget Quiz: Set 1

Questions and Answers
  • 1. 
    Union Budget of India is presented by whom and in which house/ houses of the Parliament?
    • A. 

      Finance Minister of India; Lok Sabha

    • B. 

      Prime Minister of India; Rajya Sabha

    • C. 

      Cabinet Secretary; Both Lok Sabha and Rajya Sabha

    • D. 

      President of India; in joint session of Parliamnet

  • 2. 
    Who among the following presented Union Budget maximum number of times?
    • A. 

      P. Chidambaram

    • B. 

      R K Shanmukham Chetty

    • C. 

      Pranav Mukherjee

    • D. 

      Morarji Desai

  • 3. 
    Who among the following presented the first budget (interim) of Independent India?
    • A. 

      Manmohan Singh

    • B. 

      Jawaharlal Nehru

    • C. 

      R K Shanmukham Chetty

    • D. 

      N.D. Tiwari

  • 4. 
    The annual Union budget of India is usually presented in the Parliament on the last day of___.
    • A. 

      March

    • B. 

      February

    • C. 

      April

    • D. 

      January

  • 5. 
    The word Interim Budget was introduced for the first time by whom among the following in his budget speech?
    • A. 

      Jawaharlal Nehru

    • B. 

      VP Singh

    • C. 

      Pranav Mukherjee

    • D. 

      R K Shanmukham Chetty

  • 6. 
    Who among the following presented the first budget of Republic India?
    • A. 

      John Mathai

    • B. 

      R K Shanmukham Chetty

    • C. 

      N.D. Tiwari

    • D. 

      CD Deshmukh

  • 7. 
    Which budget among the following is known as the black budget in Indian budget history?
    • A. 

      Budget of 1990-91

    • B. 

      Budget of 1965-66

    • C. 

      Budget of 1973-74

    • D. 

      Budget of 1962-63

  • 8. 
    Who among the following was the first finance minister to present budget in India before Independence?
    • A. 

      James Wilson

    • B. 

      Motilal Nehru

    • C. 

      Dada Bhai Naoroji

    • D. 

      Lord Mountbatten

  • 9. 
    When was the first time union budget was presented in Indian history?
    • A. 

      7 April 1860

    • B. 

      7 April 1858

    • C. 

      7 February 1860

    • D. 

      7 November 1898

  • 10. 
    In which one of the following budgets the services tax was introduced?
    • A. 

      Budget 1994-1995

    • B. 

      Budget 1997-1998

    • C. 

      Budget 2000-2001

    • D. 

      Budget 1987-1988

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