*Union Budget 2014-15 (Top 20 bits):

1) What is the proposed name of an integrated Ganga Development
Project for which Rs. 2037 crore were allocated in the Union Budget
2014-15? – "Namami Ganga"

2)What is the proposed name of a new 24X7 channel for northeast region
that was announced in the Union Budget 2014-15? – "Arun Prabha"

3)Rs. 4200 crore were set for an ambitious Jal Marg Vikas Project on
river Ganga in the Union Budget of 2014-15. This project would be
established between which two places on Ganga covering a distance of
1620 km? – Allahabad (UP) and Haldia (West Bengal)

4)What is the name given to a dedicated TV channel for farmers that
was announced in the Union Budget for 2014-15 and Rs. 100 crore was
set aside for its establishment? – Kisan Television (Kisan TV)

5)The fiscal deficit target for year 2015 (2014-15) has been retained
at the level announced by former Finance Minister P.Chidambaram in his
interim budget. What is this level? – 4.1% of GDP(The fiscal deficit
which had touched a high of 5.7% in 2011-12, was brought down to 4.8%
in 2012-13 and further to 4.5% in 2013-14)

6)What is the targeted fiscal deficit for 2016 (year 2015-16) as
announced in the Union Budget 2014-15? – 3.6% of GDP

7)What is the targeted fiscal deficit for 2017 (year 2016-17) as
announced in the Union Budget 2014-15? – 3.0% of GDP

8)How much foreign direct investment (FDI) in country's defence sector
was proposed in the Union Budget 2014-15 presented on 10 July 2014? –
49%

9)Investments under the most-important Section 80-C has been increased
from Rs. 1 lakh to – Rs. 1.5 lakh(This means that the individuals
would be able to invest upto Rs. 1.5 lakh under various heads
available under Section 80-C)

10)The upper limit for savings in the Public Provident Fund (PPF) was
raised to Rs. 1.5 lakh in the Union Budget 2014-15 presented on 10
July 2014. What was the upper limit for investment in PPF till now? –
Rs. 1 lakh

11)The income tax exemption limit for individuals was raised from Rs.
2 lakh to – Rs. 2.5 lakh(It was raised to Rs. 3 lakh for senior
citizens)

12)The Crisis Management Center for Women (CMCW), that was proposed in
the Union Budget 2014-15, would be established at? – Delhi

13)How much fund was set aside for the proposed National Rural
Internet and Technology Mission (NRITM)? – Rs. 500 crore

14)How much fund was allocated for creating smart cities in the Union
Budget 2014-15 presented on 10 July 2014? – Rs. 7,060 crore

15)The foreign direct investment (FDI) in insurance sector was
increased from present 26% to what figure in the Union Budget 2014-15
presented on 10 July 2014? – 49%

16)What is the corpus size of the venture capital for small and medium
enterprises (SMEs), which was proposed in the Union Budget 2014-15? –
Rs. 10,000 crore

17)What special feature has been proposed for currency notes in the
Union Budget 2014-15 presented on 10 July 2014? – These currency
notes will now also integrate Braille- features to benefit the
visually- disabled people

18)5 new Indian Institutes of Management (IIMs) have been proposed to
be established in which 5 states of the country? – Himachal Pradesh,
Punjab, Bihar, Odisha and Maharashtra

19)Complete revamp of Indian Repository Receipts (IRR) was proposed in
the Union Budget 2014-15. What is the new name proposed for IRR in the
budget? – Bharat Respository Receipts (BRR)

20)The National Industrial Corridor (NIC) that was proposed to be
established in the Union Budget of 2014-15, will have its headquarters
at which city? – Pune