Union Budget Quiz: Set 1
10 Questions
| Attempts: 66637
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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