Question Bank - Banking & Financial Services

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Which among the following is not included in the ten main themes of the Union budget for the financial years 2017 - 18?

A.
Export performance
B.
The Poor and the underprivileged
C.
Youth
D.
Rural population

Solution:

The correct answer is Rural Population. The 10 main themes of the Union Budget for the financial year 2017-18 are as follows:Farmers: committed to double the income in 5 years. Rural Population: providing employment & basic infrastructure. Youth: energizing them through education, skills, and jobs. The Poor and the Underprivileged: strengthening the systems of social security, health care, and affordable housing. Infrastructure: for efficiency, productivity, and quality of life. Financial Sector: growth & stability by stronger institutions. Digital Economy: for speed, accountability, and transparency. Public Service: effective governance and efficient service delivery through peoples participation. Prudent Fiscal Management: to ensure optimal deployment of resources and preserve fiscal stability. Tax Administration: honoring the honest. Additional InformationThe Union Budget is the annual budget of the Indian Republic. It is presented every year in the month of February generally by the Union Finance Minister. Article 112 of the Constitution of India lays down that it is a statement of the estimated expenditure and receipts of the Government for a particular year. It is classified into two parts Revenue budget - It contains the government's revenue receipts and expenditure. Capital Budget - It comprises the government's capital receipts and payments.

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