60+ GK Questions on Union Budget 2024 in MCQ format

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GK Questions on Union Budget 2024: Set-3

Q31. When did the tradition of carrying the budget in a leather briefcase end?
[A] 2015
[B] 2016
[C] 2017
[D] 2018

Answer – [D] 2018
Explanation-


Q32. What was the purpose of carrying the budget in a leather briefcase as part of the tradition?
[A] Symbol of austerity
[B] Historical significance
[C] Cultural tradition
[D] Security measure

Answer – [A] Symbol of austerity
Explanation-


Q33. Which Finance minister played a key role in ending the tradition of carrying the budget in a leather briefcase?
[A] Nirmala Sitharaman
[B] Piyush Goyal
[C] Arun Jaitley
[D] R. K. Shanmukham Chetty

Answer – [A] Nirmala Sitharaman
Explanation-


Q34. What item did Nirmala Sitharaman use to carry the budget on 5 July 2019, breaking the traditional use of a leather briefcase?
[A] Wooden box
[B] Metal suitcase
[C] Bahi-Khata
[D] Fabric bag

Answer – [C] Bahi-Khata
Explanation-


Q35. When did Nirmala Sitharaman break the tradition of using a leather briefcase to carry the budget?
[A] 2018
[B] 2019
[C] 2020
[D] 2021

Answer – [B] 2019
Explanation-


Q36. What is a Bahi-Khata?
[A] Traditional Indian sweet
[B] Leather briefcase
[C] Traditional accounting ledger
[D] Digital tablet

Answer – [C] Traditional accounting ledger
Explanation-


Q37. On what date did Finance Minister Nirmala Sitharaman present the first paperless budget?
[A] 1 February 2019
[B] 1 February 2020
[C] 1 February 2021
[D] 1 February 2022

Answer – [C] 1 February 2021
Explanation-


Q38. What was the significance of presenting the first paperless budget?
[A] Reduced environmental impact
[B] Faster dissemination of information
[C] Symbol of modernization
[D] All of the above

Answer –[D] All of the above
Explanation-


Q39. What was the significance of Nirmala Sitharaman taking a digital tablet wrapped in a traditional ‘bahi-khata’ style pouch to present the budget?
[A] Symbol of technological advancement
[B] Promotion of traditional practices
[C] Strengthening the Digital India mission
[D] Both a and c

Answer – [D] Both a and c
Explanation-


Q40. What mission of Prime Minister Narendra Modi was considered to be strengthened by Nirmala Sitharaman’s move?
[A] Swachh Bharat Abhiyan
[B] Make in India
[C] Digital India
[D] Skill India

Answer – [C] Digital India
Explanation-


Q41. How was the digital tablet presented by Nirmala Sitharaman wrapped during the budget presentation?
[A] In a leather briefcase
[B] In a traditional ‘bahi-khata’ style pouch
[C] In a wooden box
[D] In a fabric bag

Answer – [B] In a traditional ‘bahi-khata’ style pouch
Explanation-


Q42. What was the objective of using a digital tablet during the budget presentation?
[A] To read the budget speech
[B] To showcase technological capabilities
[C] To access real-time data
[D] All of the above

Answer – [D] All of the above
Explanation-


Q43. How does using a digital tablet align with the Digital India mission?
[A] Encourages paperless transactions
[B] Promotes the use of traditional methods
[C] Increases reliance on manual processes
[D] Enhances the use of physical documents

Answer – [A] Encourages paperless transactions
Explanation-


Q44. Who presented the first Union Budget of independent India?
[A] Jawaharlal Nehru
[B] Sardar Vallabhbhai Patel
[C] R. K. Shanmukham Chetty
[D] Morarji Desai

Answer – [C] R. K. Shanmukham Chetty
Explanation-


Q45. On what date was the first Union Budget of independent India presented?
[A] 15 August 1947
[B] 26 November 1947
[C] 1 April 1948
[D] 2 October 1947

Answer – [B] 26 November 1947
Explanation-


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