Q1. What is the fiscal deficit target announced in the Union Budget 2026–27? A. 4.9% of GDPB. 4.6% of GDPC. 4.3% of GDPD. 4.0% of GDP ✅ Correct Answer: C. 4.3% of GDP Q2. What is the total expenditure outlay of the Union Budget 2026–27? A. ₹48.5 trillionB. ₹51.9 trillionC. ₹53.47 trillionD. ₹56.2 trillion ✅…
🗞️ NATIONAL AFFAIRS UNION BUDGET 2026-27 PRESENTED Finance Minister Nirmala Sitharaman presented India’s Union Budget 2026-27 with fiscal deficit target of 4.3% of GDP, capital expenditure at ₹12.2 trillion, and total outlay of ₹53.47 trillion. Focus on boosting domestic manufacturing, semiconductors (₹400 billion), bio-pharma (₹100 billion)and creation of green energy & startup incentives. Income tax…
Q1. Who presented the Union Budget 2026–27 in Parliament? A. Amit ShahB. Nirmala SitharamanC. Rajnath SinghD. Piyush Goyal ✅ Answer: B. Nirmala Sitharaman Q2. What is the fiscal deficit target set for FY 2026–27 in the Union Budget? A. 5.1% of GDPB. 4.8% of GDPC. 4.3% of GDPD. 3.9% of GDP ✅ Answer: C. 4.3%…
📌 NATIONAL AFFAIRS 🔹 Union Budget 2026-27 (Presented on 01.02.2026) Finance Minister: Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament, marking her ninth consecutive Budget. Fiscal Deficit Target FY 2026-27: Set at 4.3% of GDP (reduced from 4.4% in FY25-26). Capital Expenditure: Increased to ₹12.2 lakh crore, the highest ever, accounting for 4.4% of…
Q1. On which date was the Union Budget 2026–27 presented in India? A. 30 January 2026B. 01 February 2026C. 02 February 2026D. 31 January 2026 ✅ Correct Answer: B. 01 February 2026 Q2. What was the approximate fiscal deficit target announced in the Union Budget 2026–27? A. 5.2% of GDPB. 4.9% of GDPC. 4.5% of…
1. National Affairs (India) 1.1 Union Budget 2026–27 Highlights Union Budget 2026–27 presented on 01 February 2026 by the Union Finance Minister of India. Fiscal Deficit Target: Approximately 4.5% of GDP, aligned with medium-term fiscal consolidation. Capital Expenditure Allocation: Increased by over 10%, focusing on railways, highways, and digital infrastructure. Agriculture & Rural Development: Enhanced…
