This post contains all important questions from MY Bharat Budget Quest 2026 with multiple-choice options and the correct answers highlighted for quick revision.
Quiz Link: https://mybharat.gov.in/quiz/
1. What allocation was provided to both the Maldives and Mauritius in the aid to countries category for 2026-27?
- ₹800 crore each
- ₹550 crore each
- ₹2,288 crore each
- ₹19 crore each
2. Foodgrain production in AY 2024-25 represents an increase of how much over the previous year?
- 180.4 LMT
- 210.6 LMT
- 254.3 LMT
- 300.0 LMT
3. India's GDP growth for FY26 is estimated at:
- 6.20%
- 6.80%
- 7.40%
- 5.10%
4. Basic customs duty exemption on sodium antimonate is intended for use in manufacturing:
- Solar cells
- Solar modules
- Solar glass
- Wind turbines
5. Growth in agriculture during FY26 benefited significantly from:
- Export incentives
- Favourable monsoon conditions
- Import substitution
- Reduced MSP
6. India's average real GDP growth rate remaining among the highest globally reflects which key strength?
- Export dependency
- Domestic demand resilience
- Currency appreciation
- Import substitution
7. Budget 2026 targets revival of how many industrial clusters?
- 100
- 150
- 200
- 250
8. "Mahatma Gandhi Gram Swaraj" initiative targets which group for global market linkage?
- Semiconductor engineers
- Seaplane pilots
- Khadi, handloom, and handicrafts
- Cloud service providers
9. Rare Earth Permanent Magnets scheme aims to reduce dependence on:
- Agricultural imports
- Crude oil imports
- Critical mineral imports
- Fertiliser imports
10. DPIIT-recognised startups increased to more than how many by 2025?
- 50,000
- 1 lakh
- 2 lakh
- 3 lakh
11. Non-residents paying tax on a presumptive basis are exempt from:
- GST
- Wealth Tax
- MAT (Minimum Alternate Tax)
- Property Tax
12. Defence budget was presented in the context of:
- Operation Vijay
- Operation Sindoor
- Operation Rakshak
- Operation Shakti
13. BCD exemption for nuclear power projects is extended till:
- 2030
- 2032
- 2035
- 2040
14. PLI schemes contributed mainly by:
- Increasing imports
- Boosting manufacturing, investment and jobs
- Replacing MSMEs
- Raising tariffs
15. First Kartavya in the Budget focuses on:
- Reducing inequality
- Accelerating and sustaining economic growth
- Expanding social security
- Centre-State relations
16. Fisheries sector market linkages involve women-led groups with:
- District Cooperatives
- Export Promotion Councils
- Fish Farmers Producer Organisations
- NABARD
17. Total allocation to MEA in Budget 2026-27:
- ₹20,516 crore
- ₹21,742 crore
- ₹22,118 crore
- ₹25,000 crore
18. "First-Ever Profitability" turnaround in Power Sector refers to:
- UDAY 2.0
- Saubhagya Scheme
- DISCOM Transformation
- Solar Alliance
19. Renewable energy capacity added in 2025-26 (till Dec 31, 2025):
- 32.45 GW
- 35.20 GW
- 38.61 GW
- 42.00 GW
20. Telescope infrastructure facilities aim to:
- Satellite navigation
- Defence surveillance
- Promote astrophysics and astronomy through immersive experiences
- Space tourism
21. Total allocation to Education in Budget 2026-27:
- ₹1,04,599 crore
- ₹1,09,029 crore
- ₹1,39,289 crore
- ₹1,12,671 crore
22. National highway expansion mainly improves:
- Fuel consumption
- Import substitution
- Logistics efficiency and connectivity
- Urban congestion
23. GNPA ratio at multi-decadal lows indicates:
- Reduced credit demand
- Improved banking sector health
- Lower lending
- Increased write-offs
24. India Semiconductor Mission 2.0 focuses on:
- Import of finished chips
- Full-stack Indian IP and supply chain strengthening
- Privatisation of fabs
- Export-only policy
25. BCD exemption for battery energy storage systems applies to:
- Solar modules
- Lithium-Ion cell manufacturing equipment
- Wind turbines
- Hydrogen fuel cells
26. Viksit Bharat Gram G programme focuses on:
- Urban infrastructure
- Industrial employment
- Export-oriented agriculture
- Rural employment and village development
27. Total allocation to Ministry of Defence (2026-27):
- ₹6.95 lakh crore
- ₹7.85 lakh crore
- ₹7.25 lakh crore
- ₹6.10 lakh crore
28. Manufacturing sector growth in H1 FY26:
- 6.20%
- 7.00%
- 8.40%
- 10.20%
29. VBYLD 2026 highlights youth as:
- Scheme beneficiaries
- Contributors to national policy thinking
- Entrepreneurship beneficiaries
- Tax incentive recipients
30. Budget Estimates for Ministry of Youth Affairs & Sports FY 2026-27:
- ₹3,979.88 crore
- ₹4,179.88 crore
- ₹4,279.88 crore
- ₹4,479.88 crore
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