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Union Budget Questions

Practice 17 Union Budget questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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17
Total Questions
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Easy
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17
Medium
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Hard
Practice by Exam:General Awareness(4)General Knowledge(3)Economy(3)Economics(3)General Studies(1)Indian Polity & Economy(1)Indian Economy(1)Current Affairs(1)

About Union Budget — practice questions, PYQs & concepts

Union Budget is a frequently-tested topic on General Awareness, General Knowledge, Economy. ExamTest.live currently lists 17 Union Budget questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Union Budget weight in competitive exams

Across our Union Budget question bank, the largest sources are General Awareness (4), General Knowledge (3), Economy (3), Economics (3) and General Studies (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 0 easy Union Budget questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Union Budget Questions(1–17 of 17)

Filter:
Q1mediummcqEconomicsSSC CGL2026
25% accuracy
In Union Budget 2021-22, PLI schemes for 13 key sectors of manufacturing starting from fiscal year (FY) 2021-22 have been announced. The full form of PLI is:
Q2mediummcqGeneral AwarenessCompetitive Exam2026
0% accuracy
As per the Union Budget 2022-23, a scheme called PM Development Initiative for ______ is proposed to be launched.
Q3mediummcqEconomicsSSC GD2026
0% accuracy
The railway budget is:
Q4mediummcqGeneral AwarenessStaff Selection Commission2026
0% accuracy
According to article 112 of Indian constitution, who shall cause in every financial year a statement of estimated receipts and expenditure of the Government of India?
Q5mediummcqEconomyWBCS Prelims2026
0% accuracy
The Railway Budget of India is:
Q6mediummcqGeneral StudiesIndian Competitive Exams2026
0% accuracy
Which of the following is included in the Indian Budget?
Q7mediummcqEconomySSC CGL2026
0% accuracy
The Union Budget 2021 announced the privatization of ______ public sector banks and one general insurance company in the upcoming fiscal year 2021-22.
Q8mediummcqEconomySSC CGL2026
0% accuracy
As per the Union Budget 2022-23, the launch of blockchain based digital rupee is proposed to start from __________.
Q9mediummcqGeneral KnowledgeCompetitive Exam2026
0% accuracy
Based on the historical budget/financial allocations presented in question 45 of image_66e168.jpg, fill in the blank: "The financial or the banking system will receive an additional boost in terms of ________ Crore of base money each year."
Q10mediummcqGeneral AwarenessSSC CGL2026
On how many pillars do the Union Budget of 2021-22 proposals rest?
Q11mediummcqCurrent AffairsSSC CGL2026
Which of the following programmes was launched during Union Budget 2020-21 for the nutrition of children and pregnant women?
Q12mediummcqGeneral AwarenessCompetitive Exams2026
The economic survey is usually presented _______ before the Union Budget.
Q13mediummcqGeneral KnowledgeCompetitive Exam Previous Year Paper2026
In the 2018 Union Budget, the salary of the President of India was increased to ________ per month.
Q14mediummcqGeneral KnowledgeCompetitive Exam Paper2026
Which was the last year when the Rail Budget and the Union Budget were presented separately in India?
Q15mediummcqEconomicsStaff Selection Commission2026
Who presented the first Union Budget of Independent India?
Q16mediummcqIndian EconomyCompetitive Exam2026
Development expenditure of the Central Government does not include
Q17mediummcqIndian Polity & EconomyIndian Competitive Exams2026
The Union Budget presented annually to the Indian Parliament includes which of the following accounting data?

Frequently Asked Questions

How many Union Budget questions are on ExamTest.live?▼
We have 17 Union Budget questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Union Budget MCQs free?▼
Yes. All Union Budget questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Union Budget questions?▼
Union Budget questions are commonly asked in General Awareness, General Knowledge, Economy, Economics, General Studies. You can filter by exam using the links above.
How do I practice Union Budget questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.