Indian Union budget 2018 Economy important bits questions and answers for all competitive exams

26. How much has been set aside in the budget 2018-19 to celebrate the 150th Birth Anniversary of Gandhiji?
A) 100 Crores
B) 125 Crores
C) 150 Crores
D) 175 Crores

27. As per the budget the Central Board of Excise and Customs (CBEC) will be renamed as?
A) Central Board of GST
B) Central Board of Direct Taxes and Excise
C) Central Board of DTC
D) Central Board of Indirect Taxes and Customs

28. How much will be the tax on long term capital gains exceeding Rs 1 lakh as proposed in the budget?
A) 10%
B) 15%
C) 5%
D) 7.5%
29. The budget proposed to increase the cess on personal income tax and corporate tax from the current 3% to?
A) 3.5%
B) 4%
C) 5%
D) 10%
30. The budget proposed to increase the customs duty on mobile phones from the current 15% to?
A) 17.5%
B) 20%
C) 25%
D) 30%