Motilal Oswal
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Motilal Oswal

CNBC-TV18 Budget 2019 Quiz

Question - 1
January 30, 2019 22:01

"Presently, every individual carrying on a business or profession shall get its accounts mandatorily audited under section 44AB, if the total sales, turnover or gross receipts exceed which quantum of value?"

Question - 2
January 30, 2019 22:02

Former Finance Minister Pranab Mukherjee introduced what in 2012 for the purpose of reducing money laundering by imposing the heavy tax rate of 30.9%, to ensure that unjustified share premium given by a private company would be taxed as income?

Question - 3
January 30, 2019 22:02

Finance minister Arun Jaitley in the 2018 Budget announced that the telecom department (DoT) will support 5G technologies & it would be anchored out from an IIT to ensure India does not lag behind the rest of the world. Which IIT?

Question - 4
January 30, 2019 22:02

The Government doubled the allocation for which programme to INR 3,073 crore in 2018-19 and launched a mission to support establishment of Centres of Excellence to direct efforts in Artificial Intelligence and Quantum Computing?

Question - 5
January 30, 2019 22:03

"Matters of Discretion: An Autobiography" is the book of this Indian politician who participated in the Indian independence movement, and was jailed in 1942 during the Quit India Movement. He also served as the Finance Minister of India. Name him.

Question - 6
January 30, 2019 22:03

"FM Arun Jaitley in his 2018 budget speech proposed to establish a dedicated affordable housing fund to manage the 51 lakh houses that were built in the year 2017-18 and to add 51 lakh houses to build in 2018-19. What was the scheme called? ."

Question - 7
January 30, 2019 22:04

This Indian PM was the first PM to present the Union Budget in 1958-59, the distinction which was then achieved by a few other PMs. Identify him.

Question - 8
January 30, 2019 22:04

In order to encourage professionalism in post-harvest value addition in agriculture, Farmer Producer Organisations get 100% deduction from taxes if their annual turnover is less than Rs 100 crore. What is the length of such tax holidays?

Question - 9
January 30, 2019 22:05

This Act has been passed by both the Houses of the Parliament. It received the acceptance of the President of India on 26 May 2015 and came into effect from 1 July 2015. It also prescribes heavy penalty for non-prescribers of the Act. Name it.

Question - 10
January 30, 2019 22:05

At an estimated cost of 6,000 Crore and to expand projects like the Mumbai-Ahmedabad Bullet Train Services, where did the Finance Ministry choose to set up the National Rail and Transport Institute by The National High Speed Rail Corporation Limited?

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