Current Affairs

GK MCQs Section

Topic: Union Budget 2021

Cabinet clears DFI with capital infusion of Rs 20000 crore

The Finance Minister, Nirmala Sitharaman, announced on March 16, 2021 that the Union Cabinet chaired by Prime Minister, Narendra Modi, has cleared the proposal of setting up of...

March 17, 2021

Moody’s GDP Forecast- Key Highlights

The Rating agency Moody’s have recently forecasted that the nominal Gross Domestic Product (GDP) of India will rise closer to 17% in the Financial Year 2021. Key Highlights...

February 4, 2021

Power ministry to Launch Manufacturing Programme for Critical Equipment

A domestic manufacturing programme for critical power and renewable energy equipment will be launched by the ministry of Power in the Financial Year 2021. The programme has at...

February 3, 2021

Social Security for India’s Gig Economy Workers

The Finance Minister, Nirmala Sitharaman, while presenting the Union Budget 2021 has announced that the government has put forward the proposed to launch a portal to formulate social...

February 2, 2021

Fiscal Deficit Estimated to be 9.5% of GDP for FY 2020-21

Finance Minister Nirmala Sitharaman highlighted, while presenting the union budget for 2021-2022, that the fiscal deficit in the next financial year is estimated as 6.8 percent of the...

February 2, 2021

Agricultural Infrastructure and Development Cess

The Finance Minister of India, Nirmala Sitharaman, announced an agricultural infrastructure and development cess (AIDC) on some goods while presenting Union Budget 2021. AIDC was announced to provide...

February 2, 2021

Union Budget 2021-2022- Summary

The 2021-22 Union Budget was presented amid the COVID-19 pandemic on February 1, 2021. Since the 2020 budget, the Indian economy have reduced from 2.24 lakh crore nominal...

February 2, 2021

Budget 2021: PM Aatma Nirbhar Swasth Bharat Yojana and Mission Poshan 2.0 announced

The Finance Minister of India, Nirmala Sitharaman, has announced two new centrally sponsored scheme namely, the PM AatmaNirbhar Swasth Bharat Yojana and the Mission Poshan 2.0 while presenting...

February 1, 2021

Budget 2021: No change in Income Tax Slabs

The Union Finance Minister, Nirmala Sitharaman, have proposed no change in the Income Tax Slabs in the Union Budget 2021. The income tax structure has been kept as...

February 1, 2021

Budget 2021: New Asset Reconstruction and Asset Management Company to be set up

The finance Minister of India, Nirmala Sitharaman, has announced during the presentation of the Union Budget 2021 that a new asset reconstruction and asset management company will be...

February 1, 2021

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