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February

7 MCQ questions with answers and explanations

Q1. According to the Budget 2023, what is the revised average processing time for ITR?

  1. A21 days
  2. B20 days
  3. C18 days
  4. D16 days
Show answer & explanation

Answer: D) 16 days

Q2. According to budget 2023, how many tourism destinations have been selected for development?

  1. A50
  2. B30
  3. C20
  4. D40
Show answer & explanation

Answer: A) 50

Q3. Which state's tableau won the "People's Choice Award" at the 74th Republic Day parade?

  1. AMadhya Pradesh
  2. BUttarakhand
  3. CGujarat
  4. DMaharashtra
Show answer & explanation

Answer: C) Gujarat

Q4. According to Budget 2023, how much capital has been allocated to the Indian railway?

  1. A1.90 lakh crore
  2. B3.00 lakh crore
  3. C2.00 lakh crore
  4. D2.40 lakh crore
Show answer & explanation

Answer: D) 2.40 lakh crore

Q5. Who has been rewarded with the Lifetime Achievemet Award by the India-UK Achievers Honors?

  1. ANirmala Sitharaman
  2. BManmohan Singh
  3. CPiyush Goyal
  4. DRaghuram Rajan
Show answer & explanation

Answer: B) Manmohan Singh

Q6. Shanti Bhusan, who passed away recently was which former minister?

  1. AFormer Agriculture Minister
  2. BFormer Law Minister
  3. CFormer Railway Minister
  4. DFormer Finance Minister
Show answer & explanation

Answer: B) Former Law Minister

Q7. How much money has been allocated to revamp the credit guarantee scheme for MSME in budget 2023?

  1. A1000 crore
  2. B9000 crore
  3. C5000 crore
  4. D8000 crore
Show answer & explanation

Answer: B) 9000 crore

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