GK Questions On Union Budget 2025: The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, focuses on boosting economic growth, providing tax relief, and increasing investment in key sectors like infrastructure, agriculture, and innovation. The budget also sets a fiscal deficit target of 4.4% of GDP for FY26, aiming to balance financial discipline with economic growth.
To help aspirants preparing for MBA, UPSC, SSC, Banking, Railways, and other competitive exams, here are 50 multiple-choice questions (MCQs) based on the Union Budget 2025-26, along with their answers.
Question 1
What is the total budgeted expenditure for the fiscal year 2025-26?
correct answer:- 2
Question 2
Under the new tax regime, up to what annual income is no income tax levied?
correct answer:- 2
Question 3
What is the fiscal deficit target set for 2025-26?
correct answer:- 3
Question 4
Which new initiative focuses on developing 100 districts with low productivity and moderate crop intensity?
correct answer:- 2
Question 5
What is the enhanced credit limit under the Kisan Credit Card (KCC) as per the 2025 Budget?
correct answer:- 3
Question 6
Which pulses are the focus of the 6-year self-reliance mission launched in the budget?
correct answer:- 2
Question 7
In which state will a Makhana Board be established as per the 2025 Budget?
correct answer:- 2
Question 8
What is the allocation for the private sector-driven research, development, and innovation initiative?
correct answer:- 3
Question 9
How many fellowships will be provided under the PM Research Fellowship for technological research in IITs and IISc?
correct answer:- 3
Question 10
What is the purpose of establishing the second Gene Bank for Crops Germplasm?
correct answer:- 2
Question 11
Which item has been fully exempted from basic customs duties to promote domestic consumption and exports?
correct answer:- 1
Question 12
What is the new limit for tax deduction at source (TDS) on interest for senior citizens?
correct answer:- 3
Question 13
The annual limit for TDS on rent has been increased to what amount?
correct answer:- 3
Question 14
Withdrawals made from which scheme on or after 29 August 2024 are exempt from tax?
correct answer:- 2
Question 15
The deadline to file updated income tax returns has been extended to how many years?
correct answer:- 3
Question 16
Which bill seeks to simplify the tax regime and reduce compliance burden, as proposed in the 2025 Budget?
correct answer:- 1
Question 17
What is the main aim of the Prime Minister Dhan-Dhaanya Krishi Yojana?
correct answer:- 2
Question 18
Which sector received a significant allocation for research, development, and innovation in the 2025 Budget?
correct answer:- 4
Question 19
The 2025 Budget proposes to introduce a new income tax bill in which week?
correct answer:- 1
Question 20
Which initiative aims to provide ten thousand fellowships for technological research?
correct answer:- 2
Question 21
The second Gene Bank for Crops Germplasm will house how many germplasm lines?
correct answer:- 3
Question 22
What is the proposed allocation for the National Health Mission in the 2025 Budget?
correct answer:- 3
Question 23
Which new scheme was announced to promote electric vehicle (EV) adoption?
correct answer:- 1
Question 24
What is the GDP growth target set by the government for FY 2025-26?
correct answer:- 2
Question 25
Which initiative focuses on skill development for youth in the green energy sector?
correct answer:- 4
Question 26
The government has allocated ₹75,000 crore for which flagship infrastructure project?
correct answer:- 2
Question 27
Which industry has received tax incentives to promote semiconductor manufacturing?
correct answer:- 2
Question 28
What is the new enhanced allocation for defense expenditure?
correct answer:- 3
Question 29
How much has been allocated for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGa: in the 2025 Budget?
correct answer:- 2
Question 30
Which state received the highest share of central funds for infrastructure development?
correct answer:- 2
Question 31
What is the expected disinvestment target set by the government for FY 2025-26?
correct answer:- 3
Question 32
Which bank will be spearheading the digital currency initiative in 2025?
correct answer:- 1
Question 33
Under the budget, how much has been allocated for the PM Awas Yojana (housing for all)?
correct answer:- 4
Question 34
What is the total capital expenditure outlay for FY 2025-26?
correct answer:- 3
Question 35
Which tax slab has been completely removed under the new tax regime?
correct answer:- 2
Question 36
Which scheme received the highest allocation under the education sector in 2025?
correct answer:- 1
Question 37
Which financial inclusion initiative has been expanded in the 2025 budget?
correct answer:- 2
Question 38
What is the fiscal year-end target for India's forex reserves as per the budget?
correct answer:- 3
Question 39
The government plans to invest how much in renewable energy projects in 2025?
correct answer:- 2
Question 40
Which ministry received the highest budget allocation in 2025?
correct answer:- 1
Question 41
What is the revised tax exemption limit for senior citizens above 80 years?
correct answer:- 3
Question 42
Which major policy reform has been announced for MSMEs in Budget 2025?
correct answer:- 4
Question 43
The budget proposes to establish how many new AI-focused research centers?
correct answer:- 2
Question 44
What is the name of the initiative for deep-sea exploration and marine biodiversity conservation?
correct answer:- 2
Question 45
How much funding has been earmarked for smart urban mobility solutions?
correct answer:- 2
Question 46
What is the new income tax exemption limit for individuals under the new tax regime?
correct answer:- 3
Question 47
Which new scheme has been launched to boost infrastructure development in Tier-2 and Tier-3 cities?
correct answer:- 3
Question 48
How much allocation has been made for the development of the North-East region in the 2025 Budget?
correct answer:- 2
Question 49
Which initiative in Budget 2025 aims to improve digital infrastructure in rural areas?
correct answer:- 2
Question 50
How many new railway corridors have been announced in the 2025 Budget for improved connectivity?
correct answer:- 3
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