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Question 1 of 5
1. Question
2 pointsWhich of the following is/are the major announcements made by the Union Budget 2021-22 with respect to infrastructure?
1.Development Financial Institution (DFI)
2.National Monetization PipelineCorrect
As per the Budget a professionally managed Development Financial Institution is necessary to act as a provider, enabler and catalyst for infrastructure financing.
Accordingly, a Bill to set up a DFI will be introduced. Government has provided a sum of Rs 20,000 crore to capitalise this institution and the ambition is to have a lending portfolio of at least Rs 5 lakh crore for this DFI in three years time.
A “National Monetization Pipeline” of potential Brownfield infrastructure assets will be launched. An Asset Monetization dashboard will also be created for tracking the progress and to provide visibility to investors.Incorrect
As per the Budget a professionally managed Development Financial Institution is necessary to act as a provider, enabler and catalyst for infrastructure financing.
Accordingly, a Bill to set up a DFI will be introduced. Government has provided a sum of Rs 20,000 crore to capitalise this institution and the ambition is to have a lending portfolio of at least Rs 5 lakh crore for this DFI in three years time.
A “National Monetization Pipeline” of potential Brownfield infrastructure assets will be launched. An Asset Monetization dashboard will also be created for tracking the progress and to provide visibility to investors. -
Question 2 of 5
2. Question
2 pointsWhich of the following statements is/are correct about the Jal Jeevan mission (Urban)mentioned in Union Budget 2021-22?
1.It will be launched in water scarcity districts of northern India
2.Mission will be implemented over five yearsCorrect
The Finance Minister announced that the JalJeevan Mission (Urban), will be launched for universal water supply in all 4,378 Urban Local Bodies with 2.86 crore household tap connections, as well as liquid waste management in 500 AMRUT cities. It will be implemented over 5 years, with an outlay of Rs. 2,87,000 crore.
Incorrect
The Finance Minister announced that the JalJeevan Mission (Urban), will be launched for universal water supply in all 4,378 Urban Local Bodies with 2.86 crore household tap connections, as well as liquid waste management in 500 AMRUT cities. It will be implemented over 5 years, with an outlay of Rs. 2,87,000 crore.
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Question 3 of 5
3. Question
2 pointsWhich of the following statements is/are correct about the Vehicle scrapping policy mentioned in Union Budget 2021-22?
1.The policy intends to phase out old and unfit vehicles
2.Fitness tests have been proposed in automated fitness centres for commercial vehicles onlyCorrect
A voluntary vehicle scrapping policy to phase out old and unfit vehicles has been announced.
Fitness tests have been proposed in automated fitness centres after 20 years in case of personal vehicles, and after 15 years in case of commercial vehiclesIncorrect
A voluntary vehicle scrapping policy to phase out old and unfit vehicles has been announced.
Fitness tests have been proposed in automated fitness centres after 20 years in case of personal vehicles, and after 15 years in case of commercial vehicles -
Question 4 of 5
4. Question
2 pointsnion Budget 2021-22 highlighted SWAMITVA Scheme , which of the following statements is/are correct about it?
1.It aims to map rural inhabited lands using drones and latest survey methods
2.Survey of India shall be the nodal agency for the schemeCorrect
The scheme aims to provide an integrated property validation solution for rural India. The demarcation of rural abadi areas would be done using Drone Surveying technology. This would provide the ‘record of rights’ to village household owners possessing houses in inhabited rural areas in villages which, in turn, would enable them to use their property as a financial asset for taking loans and other financial benefits from Bank
In the States, the Revenue Department / Land Records Department will be the Nodal Department and shall carry out the scheme with support of the State Panchayati Raj Department. Survey of India shall work as the technology partner for implementation.Incorrect
The scheme aims to provide an integrated property validation solution for rural India. The demarcation of rural abadi areas would be done using Drone Surveying technology. This would provide the ‘record of rights’ to village household owners possessing houses in inhabited rural areas in villages which, in turn, would enable them to use their property as a financial asset for taking loans and other financial benefits from Bank
In the States, the Revenue Department / Land Records Department will be the Nodal Department and shall carry out the scheme with support of the State Panchayati Raj Department. Survey of India shall work as the technology partner for implementation. -
Question 5 of 5
5. Question
2 pointsWhich of the following statements is/are correct about the Operation Green Scheme’ mentioned in the Union Budget 2021-22?
1.It aims to promote Tomato Onion Potato(TOP) Crops farmers
2.It also proposes to Set up a market intelligence networkCorrect
In the budget speech of Union Budget 2018-19, a new Scheme “Operation Greens” was announced on the line of “Operation Flood”, with an outlay of Rs.500 crore to promote Farmer Producers Organizations (FPOs), agri-logistics, processing facilities and professional management. Accordingly, the Ministry has formulated a scheme for integrated development of Tomato, Onion and Potato (TOP) value chain.
The scheme aims to enhance value realisation of TOP farmers by targeted interventions to strengthen TOP production clusters and their FPOs, and linking/connecting them with the market. It proposes to Set up a market intelligence network to collect and collate real time data on demand and supply and price of TOP crops.Incorrect
In the budget speech of Union Budget 2018-19, a new Scheme “Operation Greens” was announced on the line of “Operation Flood”, with an outlay of Rs.500 crore to promote Farmer Producers Organizations (FPOs), agri-logistics, processing facilities and professional management. Accordingly, the Ministry has formulated a scheme for integrated development of Tomato, Onion and Potato (TOP) value chain.
The scheme aims to enhance value realisation of TOP farmers by targeted interventions to strengthen TOP production clusters and their FPOs, and linking/connecting them with the market. It proposes to Set up a market intelligence network to collect and collate real time data on demand and supply and price of TOP crops.
