Questions on Indian Economy Welcome to your Questions on Indian Economy Your Quiz time of 15 Minutes has started now. Answer all the questions within 15 Minutes. Name Email Phone 1. Who among the following presented Union Budget maximum number of times?Interesting facts on budget presentation P. Chidambaram R K Shanmukham Chetty Pranav Mukherjee Morarji Desai 2. Union Budget of India is presented by whom and in which house/ houses of the Parliament?Budget of the Indian Union Finance Minister of India; Lok Sabha Prime Minister of India; Rajya Sabha Cabinet Secretary; Both Lok Sabha and Rajya Sabha President of India; in joint session of Parliamnet 3. Who among the following presented the first budget (interim) of Independent India?First Budget after Indian Independence Manmohan Singh Jawaharlal Nehru R K Shanmukham Chetty N.D. Tiwari 4. Who can declare a financial emergency in the country?Financial Emergency is a National crisis Finance Minister of India President of India Lok Sabha Speaker Chief Justice of Supreme Court 5. Which part of the Indian Constitution has emergency provisions? XVIII XVI XVII XV 6. Which article of the Indian Constitution has provisions for a financial emergency? Article 352 Article 356 Article 360 None of the above 7. When was the National Emergency first declared in India? 1965 1991 1975 Never 8. Emergency Provisions in the Indian Constitution are derived from the Constitution of Germany USA Great Britain Canada 9. Which of the following constitutional amendment has empowered the President to declare a national emergency on a particular part of India? 38th 40th 42nd 62nd 10. What is the largest item of expenditure(in terms of percentage) in the Union Budget 2020-21?Explanation: The largest item of expenditure in the Union Budget 2020-21 is ‘State’s share of taxes and duties’. This item accounts to 20% share of the total expenditure of the Central Government. Interest payments State’s share of taxes and duties Defence Expenditure None of the above Time is Up!