Question Bank - Banking & Financial Services

Here's the question bank on all the banking & financial services topics.

Which amount has been targeted in the Union Budget 2019-20 from the disinvestment of Public Sector Enterprises including AIR INDIA?

A.
Rs. 90,000 Crores
B.
Rs. 1,05,000 Crores
C.
Rs. 1,50,000 Crores
D.
Rs. 1,95,000 Crores

Solution:

The correct answer is Rs. 1,05,000 Crores. Centre sets Rs 1,05,000 crore disinvestment target for 2019-20 including AIR INDIA. Sitharaman in her speech said that the government has been following the policy of disinvestment in non-financial public sector undertakings without taking the government's stake below 51 percent. Hence, option 2 is correct. Additional InformationInfrastructure in Budget 2021-2022:Urban Infrastructure:Expansion of metro rail network and augmentation of city bus service. MetroLite and MetroNeo technologies will be used to provide metro rail systems at a much lesser cost with similar experience. Power Infrastructure:A comprehensive National Hydrogen Energy Mission 2021-22 to be launched. Rs. 3,05,984 crore over 5 years for a revamped, reforms-based, and result-linked new power distribution sector scheme. Ports, Shipping, Waterways:Rs. 2,000 crores worth 7 projects to be offered in Public-Private Partnership (PPP)-mode in Financial Year (FY) 2021-22 for the operation of major ports. Petroleum & Natural Gas:Extension of Ujjwala Scheme to cover 1 crore more beneficiaries. A new gas pipeline project in Jammu & Kashmir. An independent Gas Transport System Operator to be set up for facilitation and coordination of booking of common carrier capacity in all-natural gas pipelines on a non-discriminatory open access basis. ?

For more questions,

Click Here

Download Gyanm App

free current affairs for competitive exams

Scan QR code to download our App for
more exam-oriented questions

free current affairs for competitive exams

OR
To get link to download app

Thank you! Your submission has been received. You will get the pdf soon. Call us if you have any question: 9117343434
Oops! Something went wrong while submitting the form.