Top 50 GK Questions with Answers on Union Budget 2025
The Finance Minister Nirmala Sitharaman presented India’s Union Budget for the fiscal year 2025-26 on February 1, 2025. This document presents significant general knowledge questions along with their answers, designed to enhance your comprehension of the essential features of this budget. Additionally, it serves as a valuable resource for preparation for various competitive examinations.
1. Who presented the First Union Budget of Independent India?
[A] Chintaman Dwarkanath Deshmukh
[B] Jawaharlal Nehru
[C] RK Shanmukham Chetty
[D] NV Gadgil
2. Who has presented the union budget of India 2025-26?
[A] Prime Minister Narendra Modi
[B] Union Minister Amit Shah
[C] Union Minister Rajnath Singh
[D] Finance Minister Nirmala Sitharaman
3. What is the total expenditure outlined in the Union Budget 2025-26?
[A] ₹50,65,345 crore
[B] ₹35,25,429 crore
[C] ₹25,58,583 crore
[D] ₹19,44,255 crore
4. What is the allocation for PM-KISAN scheme in the budget?
[A] ₹55,500 crore
[B] ₹63,500 crore
[C] ₹76,500 crore
[D] ₹43,500 crore
5. What percentage of the government’s revenue comes from Income Tax?
[A] 14%
[B] 16%
[C] 19%
[D] 22%
6. What is the total Revenue Receipts projected in the budget?
[A] ₹63,50,556 crore
[B] ₹45,35,319 crore
[C] ₹34,20,409 crore
[D] ₹27,63,666 crore
7. Which of the following is the largest source of government revenue as per Budget 2025-26?
[A] GST & Other Taxes
[B] Customs Duty
[C] Income Tax
[D] Borrowings & Other Liabilities
8. Which of the following represents the Revenue Deficit as a percentage of GDP?
[A] 1.5%
[B] 2.3%
[C] 3.4%
[D] 4.5%
9. What is the allocation for the Urban Challenge Fund in the budget?
[A] ₹1 lakh crore
[B] ₹2 lakh crore
[C] ₹3.5 lakh crore
[D] ₹5.5 lakh crore
10. What is the total allocation for Transport Infrastructure in the budget?
[A] ₹2,55,456 crore
[B] ₹3,34,876 crore
[C] ₹4,23,125 crore
[D] ₹5,48,649 crore
11. What percentage of government expenditure goes to Interest Payments?
[A] 10%
[B] 20%
[C] 25%
[D] 30%
12. What is the allocation for Mahatma Gandhi NREGA in the budget?
[A] ₹86,000 crore
[B] ₹65,000 crore
[C] ₹55,000 crore
[D] ₹46,000 crore
13. What is the amount allocated for State Share of Taxes & Duties as a percentage of total expenditure?
[A] 22%
[B] 20%
[C] 18%
[D] 16%
14. How much is allocated for the Jal Jeevan Mission in the budget?
[A] ₹43,473 crore
[B] ₹56,462 crore
[C] ₹67,000 crore
[D] ₹87,506 crore
15. What is the total allocation for Major Subsidies (Food, Fertilizer, Petroleum) as a percentage of expenditure?
[A] 3%
[B] 4%
[C] 5%
[D] 6%
16. What is the allocation for the Education sector in 2025-26?
[A] ₹1,28,650 crore
[B] ₹3,55,760 crore
[C] ₹10,76,559 crore
[D] ₹15,44,650 crore
17. What is the targeted fiscal deficit as a percentage of GDP for 2025-26?
[A] 3.3%
[B] 4.4%
[C] 1.5%
[D] 2.7%
18. What is the allocation for Defence in the 2025-26 budget?
[A] ₹2,55,213 crore
[B] ₹3,33,33 crore
[C] ₹4,91,732 crore
[D] ₹5,55,555.55 crore
19. Which ministry received the highest budget allocation for 2025-26?
[A] Ministry of Finance
[B] Ministry of Home Affairs
[C] Ministry of Railways
[D] Ministry of Defence
20. What is the allocation for the Ministry of Science & Technology?
[A] ₹24,333 crore
[B] ₹38,613.32 crore
[C] ₹46,342.44 crore
[D] ₹54,123.00 crore
21. What is the total Capital Receipts (including borrowings) in the budget?
[A] ₹16,44,936 crore
[B] ₹22,33,443 crore
[C] ₹25,54,654 crore
[D] ₹32,98,923 crore
22. What is the allocation for PM Awas Yojana (Grameen & Urban)?
[A] ₹55,987 crore
[B] ₹66,638 crore
[C] ₹74,626 crore
[D] ₹83,432 crore
23. What is the allocation for the Department of Space?
[A] ₹10,346.00 crore
[B] ₹13,416.20 crore
[C] ₹15,876 crore
[D] ₹19,583.93 crore
24. What is the total market borrowings projected in the budget?
[A] ₹8,98,275 crore
[B] ₹10,63,279 crore
[C] ₹11,53,834 crore
[D] ₹16,39,572 crore
25. What percentage of revenue comes from Corporation Tax?
[A] 12%
[B] 15%
[C] 17%
[D] 19%