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

31. What is the allocation made to the food processing sector in budget 2018-19?
A) 700 Crores
B) 1500 Crores
C) 1750 Crores
D) 1400 Crores

32. The Finance Minister has proposed a Standard deduction of how much to salaried employees in place of the current exemption for transport allowance and reimbursement of medical expenses?
A) Rs. 50000
B) Rs. 45000
C) Rs. 30000
D) Rs. 40000

33. For senior citizens the exemption of interest income on deposits with banks and post offices to be increased from Rs 10,000 to?
A) Rs.50,000
B) Rs.25,000
C) Rs.30,000
D) Rs.40,000
34. How much is the total expenditure in the budget for the fiscal 2018-19 estimated to be?
A) 24.24 Lakh Crores
B) 25 Lakh Crores
C) 24.42 Lakh Crores
D) 31.21 Lakh Crores
35. How much allocation has been made to the National Bamboo Mission?
A) 1000 Crores
B) 1500 Crores
C) 1250 Crores
D) 1290 Crores