Budget 2025 Questions: MCQs for SSC, Railway and Other Competitive Exams

The Union Budget is the annual financial statement of the Government of India. It is presented by the Finance Minister and covers various aspects, including projected revenues, expenditures, fiscal deficit, economic growth rate, and government schemes. The Union Budget is a critical document that shapes the nation's economic policies and helps manage the country's financial affairs for the upcoming fiscal year (April 1 to March 31).

Union Budget 2025: Highlights

The Union Budget 2025 will be a crucial document as it is expected to outline the government's priorities for economic growth, social welfare, and infrastructure development. Some key highlights might include:

• Fiscal Deficit Target: The fiscal deficit for 2025-26 is likely to be a key focus, with the government aiming for a target that aligns with India’s long-term fiscal consolidation goals.
• Economic Growth Projections: Expectations are high for the government to project a robust growth rate for the upcoming year, supported by key reforms and infrastructure investments.
• Social Welfare Programs: Like in previous years, the government is expected to continue funding various social welfare schemes such as PM Awas Yojana, Swachh Bharat Abhiyan, and PM-Gati Shakti for infrastructure development.
• Taxation: Potential changes in tax slabs, income tax exemptions, and incentives for businesses might be introduced to stimulate economic growth.

Union Budget 2025-2026 Highlights Pdf

India Budget 2025: Questions on Union Budget

For candidates preparing for competitive exams, here are some potential questions related to the Union Budget. To help you further in your preparation, let’s take a look at some questions from previous year exams that were related to the Union Budget:

Question 1: Which scheme was launched by the government to provide financial support to small and medium enterprises (SMEs) in the Union Budget 2024?

(SSC CGL 2024)

Options:

1. PM Gati Shakti
2. PM-MITRA
3. Atmanirbhar Bharat Abhiyan
4. PM MSME Credit Scheme

Answer: 4. PM MSME Credit Scheme

Question 2: The Union Budget 2023-24 proposed an increase in the allocation for which of the following sectors?

(SSC CGL 2023)

Options:

1. Defense
2. Education
3. Agriculture
4. All of the above

Answer: 4. All of the above

Question 3: Which scheme was introduced in the 2022 Union Budget to promote the welfare of the transgender community?

(SSC CGL 2022)

Options:

1. SMILE
2. SRESHTA
3. RISE
4. SWAYAM

Answer: 1. SMILE

Question 4: In the Union Budget 2023-24, the government proposed a substantial increase in the allocation for which infrastructure development program?

(SSC CHSL 2023)

Options:

1. Pradhan Mantri Awas Yojana
2. Bharatmala Pariyojana
3. Swachh Bharat Mission
4. National Ganga Mission

Answer: 2. Bharatmala Pariyojana

Question 5: In the Union Budget 2022, how many regional national institutes of virology were proposed to be set up across the country?

(SSC CGL 2022)

Options:

1. Three
2. Four
3. Five
4. Six

Answer: 2. Four

Question 6: Which program was launched by the government for preschool education in the Union Budget 2021-22?

(Railway Exam 2023)

Options:

1. Vidya Pravesh
2. NIPUN Bharat
3. Samagra Shiksha
4. Rashtriya Uchchatar Shiksha Abhiyan

Answer: 1. Vidya Pravesh

Question 7: In the Union Budget 2024-25, the government proposed an increase in the budget allocation for which of the following sectors to enhance India's digital infrastructure? (SSC CGL 2024)

Options:

1. Education
2. Health
3. Technology and Innovation
4. Infrastructure

Answer: 3. Technology and Innovation

Question 8: What is the name of the government scheme that aims to provide affordable housing for the urban poor under the Union Budget 2024-25?

(SSC CHSL 2024)

Options:

1. PM Awas Yojana 2.0
2. Smart City Mission
3. Pradhan Mantri Jan Dhan Yojana
4. Affordable Housing for All

Answer: 1. PM Awas Yojana 2.0

Question 9: In the Union Budget 2023-24, the government increased the allocation for which of the following sectors to address the challenges posed by climate change?

(RRB NTPC 2023)

Options:

1. Renewable Energy
2. Road and Transport
3. Agriculture
4. Defense

Answer: 1. Renewable Energy

Question 10: According to the Union Budget 2024-25, how much has been allocated for the National Infrastructure Pipeline (NIP) to improve infrastructure across the country?

(SSC CGL 2024)

Options:

1. Rs 50,000 crore
2. Rs 1,00,000 crore
3. Rs 75,000 crore
4. Rs 1,20,000 crore

Answer: 2. Rs 1,00,000 crore

Question 11: The government introduced a new scheme in the Union Budget 2023-24 to fund startups in which of the following sectors? (RRB Group D 2023)

Options:

1. Defense Manufacturing
2. Digital Technologies
3. Green Technologies
4. Textile and Apparel

Answer: 3. Green Technologies

Question 12: Under the Union Budget 2024, what is the amount allocated for the PM-Kisan Samman Nidhi Yojana to provide direct income support to farmers?

(SSC CHSL 2024)

Options:

1. Rs 70,000 crore
2. Rs 1,00,000 crore
3. Rs 90,000 crore
4. Rs 85,000 crore

Answer: 1. Rs 70,000 crore

Question 13: In the Union Budget 2025, the government has announced a focus on which initiative to boost India's position in global manufacturing? (RRB NTPC 2023)

Options:

1. Make in India 2.0
2. Digital India
3. Self-reliant India
4. Atmanirbhar Bharat

Answer: 1. Make in India 2.0

Question 14: In the Union Budget 2024-25, which of the following new reforms were proposed for the Education sector? (SSC CGL 2024)

Options:

1. Introduction of 5 new IITs
2. 100% online degree courses
3. Expansion of digital learning platforms
4. Reduction in tuition fees for all government colleges

Answer: 3. Expansion of digital learning platforms

Question 15: As per the Union Budget 2024, the government has proposed a substantial increase in funding for which of the following to improve healthcare facilities in rural areas? (SSC CHSL 2024)

Options:

1. Ayushman Bharat Yojana
2. National Health Mission
3. Pradhan Mantri Jan Arogya Yojana
4. Swachh Bharat Mission

Answer: 2. National Health Mission

Question 16: What is the major focus of the PM Gati Shakti National Master Plan in the Union Budget 2024-25? (RRB NTPC 2023)

Options:

1. Promotion of high-speed rail corridors
2. Development of multi-modal connectivity and infrastructure
3. Creation of world-class manufacturing hubs
4. Promoting digital infrastructure for logistics

Answer: 2. Development of multi-modal connectivity and infrastructure

Question 17: According to the Union Budget 2025, what is the government's target for fiscal deficit as a percentage of GDP? (SSC CGL 2025)

Options:

1. 3.5%
2. 4.5%
3. 5%
4. 5.5%

Answer: 2. 4.5%

Question 18: In the Union Budget 2025, which of the following schemes has been extended for Skill Development to cater to 1 crore youth? (RRB Group D 2023)

Options:

1. Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
2. National Apprenticeship Promotion Scheme
3. Skill India 2.0
4. Pradhan Mantri Mudra Yojana

Answer: 3. Skill India 2.0

Question 19: In the Union Budget 2024-25, which of the following sectors has received a significant increase in budget allocation to boost employment generation in rural areas? (SSC CGL 2024)

Options:

1. Agriculture
2. Construction and Infrastructure
3. MSME
4. Tourism

Answer: 1. Agriculture

Question 20: According to the Union Budget 2023-24, the government proposed to set up a National Digital Library to support which of the following? (RRB NTPC 2023)

Options:

1. Digital learning and education
2. e-Governance platforms
3. Cybersecurity initiatives
4. Digital Healthcare services

Answer: 1. Digital learning and education
(Railway RRB NTPC 2023)