1. According to economic survey 2011-12, tabled in the parliament on February 25, 2011, how many villages in India are still out of telecom loop?
(1) 61,586
(2) 62,443
(3) 63,342
(4) 62,634
2. Union Railway Minister Ms. Mamata Banerjee presented the Railway Budget for 2011-12on
February  25, 2011 and fixed the plan outlay for 2011-12 at Rs.57, 630  crore,  which is___ percent higher than the outlay for the year 2011-11.
(1) 38
(2) 42
(3) 44
(4) 40
3.  According to the provisions of Railway Budget 2011-12,  presented on  February 25, 2011, which of the following combinations of  project and  proposed investments is not correct?
(1) New Railway Lines-Rs 9,583 crore
(2) Doubling the Lines-Rs5, 406 crore
(3) Gauge Conversion-Rs 2,470 crore
(4) Acquisition of rolling Stock-Rs 12,380 crore
4.  Ms. Mamata Banerjee while presenting the Railway Budget  for 2011-12 on  February 25, 2011 fixed the target to load 993 million  tones goods  during 2011-12 to earn.
(1) Rs.68, 620 crore
(2) Rs.62, 489 crore
(3) Rs.67, 826 crore
(4) Rs.63, 765 crore
5.  In the Railway Budget 2011-12, tabled on February 25,  2011, Ms.Mamata  Banerjee has set an ambitious goal of enhancing the  sundry earnings to  Rs. 4,060 crore during 2011-12, which was___in  2010-11.
(1) Rs. 3170 Crore
(2) Rs. 3,530.34 Crore
(3) Rs.2, 596.31 Crore
(4) Rs.2, 778.34 Crore
6.  Which one of the following projects was not announced by  the Union  Railway Minister Ms.Mamata Banerjee in the Railway Budget  2011-12,  presented on February 25, 2011?
(1)Laying of 40 new lines
(2)Gauge Conversion of 1,017 km
(3)Trebling of 1125 km of track
(4)Electrification of 1,000km of track
7.  Union Railway Minister Ms.Mamata Banerjee while presenting  the Railway  Budget for 2011-12 on February 25, 2011 proposed to set up a   700-megawatt gas-based power plant at Thakurli,which is situated in the   state of 
(1) West Bengal
(2) Andhra Pradesh
(3) Manipur
(4) Maharastra
8.  How many new express trains were proposed in the Railway  Budget  2011-12 on February 25, 2011 besides three new Shatabdis and nine  new  Duronto trains?
(1) 56
(2) 58
(3) 62
(4) 54
9.  Which of the following statements regarding the Economic  Survey  2010-11, tabled in the Parliament on February 25, 2011 is not  correct?
(1) Estimated GDP growth in 2010-12, 8.6 percent
(2) Survey favours phased opening of foreign direct investment in multi-brand retail
(3) Survey does not favour second green revolution
(4) Efficient taxation of goods and services through GST
10.  Union Finance Minister Pranab Mukherjee presented the  Budget 2011-12  on February 28, 2011.Which of the following is not a key  features of  this Budget?
(1) Gross Tax receipts are estimated at Rs. 932,440 crore
(2) Exemption limit for general category of individual taxpayers was not enhanced
(3) Total expenditure proposed at Rs. 12, 57,729 crore
(4) Rate of Minimum Alternative Tax increased to18.5 percent
11. Which of the following statements is not correct about the Budget 2011-12, tabled in the parliament of February 28, 2011?
(1) Increase of 18.3 percent in total plan allocation
(2) Standard rate of service tax retained at 10 percent
(3) Allocation of Rs. 900 crore for National Mission for protein supplement
(4) redit flow for farmers raised from Rs. 3,75,000 crore to Rs. 4,75,000 Crore in 2011-12.
12.  According to Economic Survey 2010-11, during April 2006  to March 2010,  India witnessed foreign direct Investment inflows worth  ____ in the  retail sector.
(1) $ 190 million
(2) $ 194.69 million
(3) $ 290 million
(4) $ 294.69 million
13.  According to Economic survey 2010-11, presented in the  Lok Sabha on  February 25, 2011, while the overall gross domestic product  (GDP) has  grown by an average of 8.62 percent during 2004-05 to  2010-11, GDP of  the agricultural sector has increased by only____during  the same  period.
(1) 3.46 percent
(2) 4.46 percent
(3) 2.46 percent
(4) 5.46 percent
14.  According to the data presented in the Economic Survey  2010-11, from  2000-2001 to 2009-2010, the growth in wheat acreage was  around 1.21  percent, What was the growth in yield?
(1) 1.89 percent
(2) 0.68 percent
(3) 1.59 percent
(4) 1.61 percent
15.  In the Union Budget 2011-12 presented in the LokSabha on  February 28,  2011, what amount has been proposed to be raised through  disinvestment  of Public Sector Undertakings?
(1) Rs. 35,000 crore
(2) Rs. 40,888 crore
(3) Rs. 40,000 crore
(4) Rs. 37,000 crore
16.  According to the proposal of Union Budget 2011-12, the  government is  to finalise Direct Taxes Code for enactment during  2011-12.When will it  be effective from?
(1) April 1, 2012
(2) May 1, 2012
(3) April 1, 2013
(4) May 1, 2013
17.  According to proposals of Union Budget, 2011-12, to  empower women and  promote their self help groups (SHG) Women’s SHGs  Devlopment Fund is to  be created with a corpus of
(1) Rs. 600 crore
(2) Rs. 525 crore
(3) Rs. 625 crore
(4) Rs. 500 crore
18. Which of the following pairs based on Union Budget 2011-12 estimates is wrongly matched?
(1) Revenue Receipts-Rs. 789892 crore
(2) Capital Receipts-Rs. 467837crore
(3) Non Plan Expenditure-Rs. 816000 crore
(4) Revenue Deflect- Rs. 307270 crore
19.  According to the Union Budget 2011-12 estimates for each  rupee that  comes in the government’s ex-chequer the share of different  heads has  been listed below. Which of the following is not correctly  matched?
(1) Borrowings and other liabilities-27 paise
(2) Corporation tax-23 paise
(3) Service tax and other taxes-6 paise
(4) Union Excise duties-11 paise
20.  According to the Union Budget 2011-12 estimates presented  in the Lok  Sabha on February 28,2011,for each rupee that goes from  government’s  ex-chequer.the share of different heads has been listed  below. Which of  the following is not correctly matched?
(1) Central Plan-22 paise
(2) Interest Payment-18 paise
(3) Defence-10 paise
(4) subsidies-9 paise
21.  According to the Union Budget 2011-12, to further  encourage States to  allocate more funds for agriculture over and above  their base line  expenditure on farming, an additional sum of ____has  been proposed for  the Rashtriya Krishi Vikas Yojana.
(1) Rs. 1190 crore
(2) Rs. 1105 crore
(3) Rs. 1150 crore
(4) Rs. 5110 crore
22.  In the Union Budget 2011-12 proposals presented in Lok  Sabha on  February 28, 2011, to provide Housing finance to targeted  groups in  rural areas at competitive rates, what provision has been made  for the  Rural Housing Fund?
(1) Rs. 2000 crore
(2) Rs. 3500 crore
(3) Rs. 3000 crore
(4) Rs. 2500 crore
23.  Handloom weavers have been facing economic stress. In the  Union Budget  2011-12, to benefit 15000 cooperative societies and about  300000  handloom weavers, it has been proposed to provide_____ to NABARD.  
(1) Rs. 3000 crore
(2) Rs. 2000 crore
(3) Rs. 3500 crore
(4) Rs. 4661 crore
24.  With an objective to bring green revolution in the  eastern region of  India i.e. Assam, West Bengal, Orissa, Bihar,  Jharkhand, eastern Uttar  Pradesh and Chhattisgarh, what amount has been  allocated in Union  Budget 2011-12 for the programme that will target the  rice based  cropping system? 
(1) Rs. 325 crore
(2) Rs. 400 crore
(3) Rs. 315 crore
(4) Rs. 415 crore
25.  To build judicial infrastructure and E-courts project,  the plan  provision for the Department of justice has been increased  three-fold  to in the Union Budget 2011-12.
(1) Rs. 1000 crore
(2) Rs. 951 crore
(3) Rs. 2000 crore
(4) Rs. 1051 crore
26.  In the Union Budget 2011-12 estimates presented in the  Lok Sabha on  February 28, 2011 the government has pegged fiscal deflect  for 2011-12,  at____ of Gross Domestic Product (GDP).
(1) 4.8 percent
(2) 4.6 percent
(3) 4.9 percent
(4) 4.15 percent
27.  Plan expenditure which broadly includes spending on  assets and is  perceived to provide a push to the economic growth is  estimated to  be____in 2011-12, as mentioned in the Union Budget 2011-12.
(1) Rs. 441500.09 crore
(2) Rs. 400000 crore
(3) Rs. 441546.75 crore
(4) Rs. 14546.7 crore
28.  In the Union Budget 2011-12 presented on February 28,  2011, a big push  to the infrastructure sector has been announced. What  allotment has  been proposed on the transport and the energy sectors out  of Rs. 5.92  lakh crore earnmarked in the Central Plan?
(1) Rs. 2.72 lakh crore
(2) Rs. 1.72 lakh crore
(3) Rs. 1.75 lakh crore
(4) Rs. 1.89 lakh crore
29.  Union Finance Minister Pranab Mukherjee has made a total  allocation  of____to give a greater to flagship programme Bharat  Nirman,covering  six sectors.
(1) Rs. 56000 crore
(2) Rs. 58000 crore
(3) Rs. 10000 crore
(4) Rs. 85000 crore
30.  In the Union Budget 2011-12 proposals,what amount has  been allocated  under the Indira Awas Yojana for construction of house  for BPL families  in the left wing Extremist(LWE) districts?
(1) Rs. 8096 crore
(2) Rs. 18999 crore
(3) Rs. 8996 crore
(4) Rs. 7996 crore
31.  In the union Budget 2011-12 presented in the parliament  on February  28, 2011 by what percentage the defence budget has been  raised from Rs.  147344 crore in 2010-11?
(1) 11.59 percent
(2) 12.59 percent
(3) 11.95 percent
(4) 12.5 percent
32.  According to the Union Budget 2011-12, an international  award with  prize money of Rs. 1crore is to be instituted for promoting  the values  of universal brotherhood in the memory of
(1) Mahatma Gandhi
(2) Rabindranath Tagore
(3) Devendranath Tagore
(4) Subhash Chandra Bose
ANSWERS
1.(2)  2.(4) 3.(4) 4.(1) 5.(2) 6.(3) 7.(4) 8.(1) 9.(3) 10.(2) 11.(3)  12.(2)  13.(1) 14.(2) 15.(3) 16.(1) 17.(4) 18.(3) 19.(2) 20.(3) 21.(2)  22.(2)  23.(1) 24.(2) 25.(1) 26.(2) 27.(3) 28.(1) 29.(2) 30.(3) 31.(1)  32.(2)
18.  (2) The correct answer is Rs. 816182 crore 19. (2) The correct  answer  is Rs. 24 paise. 20. (3) The correct answer is Rs. 11 paise.