The Union Budget is one of the most anticipated annual financial statements presented by the Government of India. It outlines the country’s economic policies, revenue generation, expenditure plans, and key reforms across various sectors. For banking exams, the Union Budget holds immense significance as it directly impacts the financial sector, taxation policies, banking regulations, and economic growth. Questions related to the Union Budget 2025 are likely to appear in upcoming banking exams, making it essential for aspirants to stay updated with its key highlights.
In this article, we cover some of the most important questions related to the Union Budget 2025, ensuring that aspirants are well-prepared for their banking exams.
Important Questions on Union Budget 2025 For Banking Exams
Q1. What is the total expenditure proposed in the Union Budget 2025-26?
(a) ₹39,44,255 crore
(b) ₹50,65,345 crore
(c) ₹34,20,409 crore
(d) ₹11,21,090 crore
(e) ₹15,48,282 crore
Q2. Which source contributes the most to the government’s revenue in the 2025-26 Budget?
(a) Corporation Tax
(b) Income Tax
(c) Borrowings & Other Liabilities
(d) GST & Other Taxes
(e) Customs Duty
Q3. What is the fiscal deficit target as a percentage of GDP for 2025-26?
(a) 1.5%
(b) 0.3%
(c) 0.8%
(d) 4.4%
(e) 3.2%
Q4. How much has been allocated to the Defence sector in the 2025-26 Budget?
(a) ₹4,91,732 crore
(b) ₹6,81,210.27 crore
(c) ₹2,33,210.68 crore
(d) ₹2,87,333.16 crore
(e) ₹2,55,445.18 crore
Q5. Which ministry received the highest allocation in the 2025-26 Budget?
(a) Ministry of Defence
(b) Ministry of Railways
(c) Ministry of Finance
(d) Ministry of Road Transport & Highways
(e) Ministry of Home Affairs
Q6. What is the budget allocation for the PM-KISAN scheme?
(a) ₹86,000 crore
(b) ₹74,626 crore
(c) ₹67,000 crore
(d) ₹63,500 crore
(e) ₹41,250 crore
Q7. What percentage of the government’s revenue comes from Income Tax?
(a) 17%
(b) 22%
(c) 18%
(d) 24%
(e) 20%
Q8. What is the total projected Revenue Receipts in the 2025-26 Budget?
(a) ₹28,37,409 crore
(b) ₹34,20,409 crore
(c) ₹583,000 crore
(d) ₹16,44,936 crore
(e) ₹50,65,345 crore
Q9. How much has been allocated to the Education sector in 2025-26?
(a) ₹98,311 crore
(b) ₹96,777 crore
(c) ₹1,28,650 crore
(d) ₹2,66,817 crore
(e) ₹5,48,649 crore
Q10. What is the Revenue Deficit as a percentage of GDP in the 2025-26 Budget?
(a) 4.4%
(b) 1.5%
(c) 0.3%
(d) 0.8%
(e) 2.0%
Q11. What is the allocation for the Urban Challenge Fund in the 2025-26 Budget?
(a) ₹1.5 lakh crore
(b) ₹1 lakh crore
(c) ₹2 lakh crore
(d) ₹50,000 crore
(e) ₹75,000 crore
Q12. What is the total allocation for Transport Infrastructure in the 2025-26 Budget?
(a) ₹2,87,333.16 crore
(b) ₹2,55,445.18 crore
(c) ₹5,48,649 crore
(d) ₹4,91,732 crore
(e) ₹3,74,725 crore
Q13. What percentage of government expenditure is allocated to Interest Payments?
(a) 16%
(b) 18%
(c) 20%
(d) 22%
(e) 24%
Q14. What is the allocation for Mahatma Gandhi NREGA in the 2025-26 Budget?
(a) ₹63,500 crore
(b) ₹74,626 crore
(c) ₹86,000 crore
(d) ₹67,000 crore
(e) ₹41,250 crore
Q15. What percentage of total expenditure is allocated to the State Share of Taxes & Duties?
(a) 18%
(b) 20%
(c) 22%
(d) 24%
(e) 26%
Q16. How much has been allocated to the Jal Jeevan Mission in the 2025-26 Budget?
(a) ₹86,000 crore
(b) ₹67,000 crore
(c) ₹74,626 crore
(d) ₹63,500 crore
(e) ₹19,000 crore
Q17. What percentage of total expenditure is allocated to Major Subsidies (Food, Fertilizer, Petroleum)?
(a) 4%
(b) 6%
(c) 8%
(d) 10%
(e) 12%
Q18. What is the allocation for the Ministry of Science & Technology in the 2025-26 Budget?
(a) ₹26,026.25 crore
(b) ₹38,613.32 crore
(c) ₹13,416.20 crore
(d) ₹18,446.05 crore
(e) ₹20,516.61 crore
Q19. What is the total Capital Receipts (including borrowings) in the 2025-26 Budget?
(a) ₹34,20,409 crore
(b) ₹28,37,409 crore
(c) ₹16,44,936 crore
(d) ₹583,000 crore
(e) ₹50,65,345 crore
Q20. What is the allocation for PM Awas Yojana (Grameen & Urban) in the 2025-26 Budget?
(a) ₹86,000 crore
(b) ₹74,626 crore
(c) ₹67,000 crore
(d) ₹63,500 crore
(e) ₹41,250 crore
Q21. What is the allocation for the Department of Space in the 2025-26 Budget?
(a) ₹13,416.20 crore
(b) ₹26,026.25 crore
(c) ₹38,613.32 crore
(d) ₹18,446.05 crore
(e) ₹20,516.61 crore
Q22. What is the total market borrowings projected in the 2025-26 Budget?
(a) ₹11,53,834 crore
(b) ₹343,382 crore
(c) ₹23,490 crore
(d) ₹2,92,598 crore
(e) ₹5,23,846 crore
Q23. What percentage of government revenue comes from Corporation Tax?
(a) 15%
(b) 17%
(c) 19%
(d) 21%
(e) 23%
Q24. What is the allocation for healthcare in the 2025-26 Budget?
(a) ₹96,777 crore
(b) ₹98,311 crore
(c) ₹1,28,650 crore
(d) ₹2,66,817 crore
(e) ₹5,48,649 crore
Q25. What is the total transfer to States & UTs in the 2025-26 Budget?
(a) ₹14,22,444 crore
(b) ₹25,01,284 crore
(c) ₹1,32,767 crore
(d) ₹541,850 crore
(e) ₹3,74,725 crore
Q26. What is the Primary Deficit as a percentage of GDP in the 2025-26 Budget?
(a) 4.4%
(b) 1.5%
(c) 0.3%
(d) 0.8%
(e) 2.0%
Q27. What is the allocation for POSHAN 2.0 (Nutrition Mission) in the 2025-26 Budget?
(a) ₹9,406 crore
(b) ₹21,960 crore
(c) ₹9,652 crore
(d) ₹13,560 crore
(e) ₹7,500 crore
Q28. What is the total allocation for the Ministry of Home Affairs in the 2025-26 Budget?
(a) ₹2,33,210.68 crore
(b) ₹2,55,445.18 crore
(c) ₹2,87,333.16 crore
(d) ₹1,90,405.53 crore
(e) ₹1,61,965.21 crore
Q29. What percentage of government revenue comes from Non-Tax Receipts?
(a) 5%
(b) 7%
(c) 9%
(d) 11%
(e) 13%
Q30. What is the allocation for PM Schools for Rising India (PM SHRI) in the 2025-26 Budget?
(a) ₹13,560 crore
(b) ₹9,406 crore
(c) ₹7,500 crore
(d) ₹21,960 crore
(e) ₹9,652 crore
Q31. What is the total allocation for Production Linked Incentive (PLI) Schemes in the 2025-26 Budget?
(a) ₹2,445 crore
(b) ₹19,000 crore
(c) ₹9,406 crore
(d) ₹7,500 crore
(e) ₹13,560 crore
Q32. What is the budget allocation for the Ministry of Electronics & IT in the 2025-26 Budget?
(a) ₹38,613.32 crore
(b) ₹26,026.25 crore
(c) ₹18,446.05 crore
(d) ₹13,416.20 crore
(e) ₹20,516.61 crore
Q33. What is the allocation for food subsidies in the 2025-26 Budget?
(a) ₹167,887 crore
(b) ₹203,420 crore
(c) ₹12,100 crore
(d) ₹2,76,618 crore
(e) ₹1,28,650 crore
Q34. What is the total allocation for Samagra Shiksha in the 2025-26 Budget?
(a) ₹7,500 crore
(b) ₹41,250 crore
(c) ₹13,560 crore
(d) ₹9,406 crore
(e) ₹21,960 crore
Q35. What is the budget allocation for the Ministry of Women & Child Development in the 2025-26 Budget?
(a) ₹20,516.61 crore
(b) ₹26,889.69 crore
(c) ₹18,446.05 crore
(d) ₹13,416.20 crore
(e) ₹38,613.32 crore
Q36. What is the total allocation for PM Gram Sadak Yojana in the 2025-26 Budget?
(a) ₹67,000 crore
(b) ₹19,000 crore
(c) ₹13,560 crore
(d) ₹9,406 crore
(e) ₹21,960 crore
Q37. What is the allocation for Ayushman Bharat – PMJAY in the 2025-26 Budget?
(a) ₹21,960 crore
(b) ₹13,560 crore
(c) ₹9,406 crore
(d) ₹7,500 crore
(e) ₹19,000 crore
Q38. What is the total allocation for Social Assistance Programs in the 2025-26 Budget?
(a) ₹7,500 crore
(b) ₹9,652 crore
(c) ₹13,560 crore
(d) ₹21,960 crore
(e) ₹9,406 crore
Q39. What is the allocation for the Ministry of Power in the 2025-26 Budget?
(a) ₹21,847.00 crore
(b) ₹26,026.25 crore
(c) ₹18,446.05 crore
(d) ₹13,416.20 crore
(e) ₹20,516.61 crore
Q40. What is the budget allocation for the Ministry of Ports, Shipping & Waterways in the 2025-26 Budget?
(a) ₹5,850.37 crore
(b) ₹3,470.58 crore
(c) ₹13,416.20 crore
(d) ₹20,516.61 crore
(e) ₹18,446.05 crore
Q41. What is the allocation for the Ministry of Agriculture & Farmers Welfare in the 2025-26 Budget?
(a) ₹1,37,756.55 crore
(b) ₹1,61,965.21 crore
(c) ₹1,90,405.53 crore
(d) ₹99,858.56 crore
(e) ₹96,777.00 crore
Q42. What is the total fertilizer subsidy allocation in the 2025-26 Budget?
(a) ₹203,420 crore
(b) ₹167,887 crore
(c) ₹12,100 crore
(d) ₹86,000 crore
(e) ₹63,500 crore
Q43. What is the Effective Revenue Deficit as a percentage of GDP in the 2025-26 Budget?
(a) 4.4%
(b) 1.5%
(c) 0.3%
(d) 0.8%
(e) 2.0%
Q44. What percentage of expenditure is allocated to Central Sector Schemes (excluding Defence & Major Subsidies)?
(a) 12%
(b) 14%
(c) 16%
(d) 18%
(e) 20%
Q45. What is the allocation for Skill Development & Apprenticeships in the 2025-26 Budget?
(a) ₹7,500 crore
(b) ₹13,560 crore
(c) ₹9,406 crore
(d) ₹21,960 crore
(e) ₹41,250 crore
Q46. What is the total allocation for the Ministry of External Affairs in the 2025-26 Budget?
(a) ₹5,850.37 crore
(b) ₹20,516.61 crore
(c) ₹18,446.05 crore
(d) ₹26,026.25 crore
(e) ₹13,416.20 crore
Q47. What percentage of government revenue comes from Customs Duty?
(a) 2%
(b) 3%
(c) 4%
(d) 5%
(e) 6%
Q48. What is the total allocation for the Ministry of Law & Justice in the 2025-26 Budget?
(a) ₹5,850.37 crore
(b) ₹3,470.58 crore
(c) ₹13,416.20 crore
(d) ₹20,516.61 crore
(e) ₹18,446.05 crore
Q49. What is the allocation for petroleum subsidies in the 2025-26 Budget?
(a) ₹203,420 crore
(b) ₹167,887 crore
(c) ₹12,100 crore
(d) ₹86,000 crore
(e) ₹63,500 crore
Q50. What is the total Finance Commission & Other Transfers as a percentage of expenditure?
(a) 6%
(b) 8%
(c) 10%
(d) 12%
(e) 14%
Q51. What is the allocation for the Ministry of Health & Family Welfare in the 2025-26 Budget?
(a) ₹99,858.56 crore
(b) ₹96,777.00 crore
(c) ₹1,28,650.05 crore
(d) ₹26,889.69 crore
(e) ₹38,613.32 crore
Q52. What is the total allocation for Securities against Small Savings in the 2025-26 Budget?
(a) ₹11,53,834 crore
(b) ₹343,382 crore
(c) ₹23,490 crore
(d) ₹2,92,598 crore
(e) ₹5,23,846 crore
Q53. What percentage of government expenditure is allocated to Pensions?
(a) 2%
(b) 4%
(c) 6%
(d) 8%
(e) 10%
Q54. What is the total allocation for State Devolution in the 2025-26 Budget?
(a) ₹14,22,444 crore
(b) ₹1,32,767 crore
(c) ₹541,850 crore
(d) ₹3,74,725 crore
(e) ₹25,01,284 crore
Q55. What is the budget allocation for the Ministry of Rural Development in the 2025-26 Budget?
(a) ₹1,90,405.53 crore
(b) ₹1,61,965.21 crore
(c) ₹1,37,756.55 crore
(d) ₹99,858.56 crore
(e) ₹96,777.00 crore
Q56. What is the allocation for the Ministry of Commerce & Industry in the 2025-26 Budget?
(a) ₹18,446.05 crore
(b) ₹26,026.25 crore
(c) ₹20,516.61 crore
(d) ₹13,416.20 crore
(e) ₹38,613.32 crore
Q57. What is the total External Debt allocation in the 2025-26 Budget?
(a) ₹11,53,834 crore
(b) ₹343,382 crore
(c) ₹23,490 crore
(d) ₹2,92,598 crore
(e) ₹5,23,846 crore
Q58. What percentage of government revenue comes from Union Excise Duties?
(a) 3%
(b) 4%
(c) 5%
(d) 6%
(e) 7%
Q59. What is the allocation for Finance Commission Grants in the 2025-26 Budget?
(a) ₹14,22,444 crore
(b) ₹1,32,767 crore
(c) ₹541,850 crore
(d) ₹3,74,725 crore
(e) ₹25,01,284 crore
Q60. What is the total Effective Capital Expenditure in the 2025-26 Budget?
(a) ₹11,21,090 crore
(b) ₹15,48,282 crore
(c) ₹39,44,255 crore
(d) ₹50,65,345 crore
(e) ₹34,20,409 crore
Q61. What is the allocation for the Ministry of Chemicals & Fertilizers in the 2025-26 Budget?
(a) ₹1,61,965.21 crore
(b) ₹1,37,756.55 crore
(c) ₹99,858.56 crore
(d) ₹96,777.00 crore
(e) ₹1,90,405.53 crore
Q62. What percentage of revenue comes from Non-Debt Capital Receipts?
(a) 1%
(b) 2%
(c) 3%
(d) 4%
(e) 5%
Q63. What is the total allocation for Centrally Sponsored Schemes as a percentage of expenditure?
(a) 6%
(b) 8%
(c) 10%
(d) 12%
(e) 14%
Q64. What is the allocation for Non-Tax Revenue in the budget?
(a) ₹28,37,409 crore
(b) ₹583,000 crore
(c) ₹16,44,936 crore
(d) ₹34,20,409 crore
(e) ₹50,65,345 crore
Q65. What is the total allocation for Other Grants & Loans to States?
(a) ₹14,22,444 crore
(b) ₹1,32,767 crore
(c) ₹541,850 crore
(d) ₹3,74,725 crore
(e) ₹25,01,284 crore
Solutions:
S1. Ans.(b)
Sol. The total expenditure outlined in the Union Budget 2025-26 is ₹50,65,345 crore, which includes both revenue and capital expenditure.
S2. Ans.(c)
Sol. Borrowings & Other Liabilities account for 24% of the government’s revenue, which is the largest source among all categories mentioned.
S3. Ans.(d)
Sol. The fiscal deficit target for 2025-26 is set at 4.4% of GDP, amounting to ₹1,56,89,36 crore.
S4. Ans.(a)
Sol. The Defence allocation in the budget is ₹4,91,732 crore under sector-wise allocation.
S5. Ans.(c)
Sol. The Ministry of Finance received the highest allocation of ₹19,39,001.26 crore among all ministries.
S6. Ans.(d)
Sol. The PM-KISAN scheme has been allocated ₹63,500 crore in the budget under Agriculture & Rural Development schemes.
S7. Ans.(b)
Sol. Income Tax (including Securities Transaction Tax) contributes 22% to the government’s revenue.
S8. Ans.(b)
Sol. The total Revenue Receipts projected in the budget is ₹34,20,409 crore.
S9. Ans.(c)
Sol. The Education sector has been allocated ₹1,28,650 crore in the 2025-26 budget.
S10. Ans.(b)
Sol. The Revenue Deficit is projected at 1.5% of GDP for 2025-26.
S11. Ans.(b)
Sol. The Urban Challenge Fund allocates ₹1 lakh crore for redeveloping cities and water management.
S12. Ans.(c)
Sol. The total allocation for Transport Infrastructure in the budget is ₹5,48,649 crore.
S13. Ans.(c)
Sol. Interest Payments account for 20% of the government’s total expenditure.
S14. Ans.(c)
Sol. The allocation for Mahatma Gandhi NREGA in the budget is ₹86,000 crore under Agriculture & Rural Development schemes.
S15. Ans.(c)
Sol. State Share of Taxes & Duties accounts for 22% of the total expenditure.
S16. Ans.(b)
Sol. The Jal Jeevan Mission has been allocated ₹67,000 crore in the budget.
S17. Ans.(b)
Sol. Major Subsidies account for 6% of the total expenditure in the budget.
S18. Ans.(b)
Sol. The Ministry of Science & Technology has been allocated ₹38,613.32 crore.
S19. Ans.(c)
Sol. The total Capital Receipts (including borrowings) in the budget is ₹16,44,936 crore.
S20. Ans.(b)
Sol. PM Awas Yojana (Grameen & Urban) has been allocated ₹74,626 crore.
S21. Ans.(a)
Sol. The Department of Space has been allocated ₹13,416.20 crore.
S22. Ans.(a)
Sol. The total market borrowings projected in the budget are ₹11,53,834 crore.
S23. Ans.(b)
Sol. Corporation Tax contributes 17% to the government’s revenue.
S24. Ans.(b)
Sol. The healthcare sector has been allocated ₹98,311 crore in the budget.
S25. Ans.(b)
Sol. The total transfer to States & UTs is ₹25,01,284 crore.
S26. Ans.(d)
Sol. The Primary Deficit is projected at 0.8% of GDP in the budget.
S27. Ans.(b)
Sol. POSHAN 2.0 (Nutrition Mission) has been allocated ₹21,960 crore.
S28. Ans.(a)
Sol. The Ministry of Home Affairs has been allocated ₹2,33,210.68 crore.
S29. Ans.(c)
Sol. Non-Tax Receipts contribute 9% to the government’s revenue.
S30. Ans.(c)
Sol. PM Schools for Rising India (PM SHRI) has been allocated ₹7,500 crore.
S31. Ans.(a)
Sol. Production Linked Incentive (PLI) Schemes have been allocated ₹2,445 crore.
S32. Ans.(b)
Sol. The Ministry of Electronics & IT has been allocated ₹26,026.25 crore.
S33. Ans.(b)
Sol. Food subsidies have been allocated ₹203,420 crore in the budget.
S34. Ans.(b)
Sol. Samagra Shiksha has been allocated ₹41,250 crore.
S35. Ans.(b)
Sol. The Ministry of Women & Child Development has been allocated ₹26,889.69 crore.
S36. Ans.(b)
Sol. PM Gram Sadak Yojana has been allocated ₹19,000 crore.
S37. Ans.(c)
Sol. Ayushman Bharat – PMJAY has been allocated ₹9,406 crore.
S38. Ans.(b)
Sol. Social Assistance Programs have been allocated ₹9,652 crore.
S39. Ans.(a)
Sol. The Ministry of Power has been allocated ₹21,847.00 crore.
S40. Ans.(b)
Sol. The Ministry of Ports, Shipping & Waterways has been allocated ₹3,470.58 crore.
S41. Ans.(a)
Sol. The Ministry of Agriculture & Farmers Welfare has been allocated ₹1,37,756.55 crore.
S42. Ans.(b)
Sol. The fertilizer subsidy allocation in the budget is ₹167,887 crore.
S43. Ans.(c)
Sol. The Effective Revenue Deficit is projected at 0.3% of GDP.
S44. Ans.(c)
Sol. Central Sector Schemes (excluding Defence & Major Subsidies) account for 16% of total expenditure.
S45. Ans.(b)
Sol. Skill Development & Apprenticeships has been allocated ₹13,560 crore.
S46. Ans.(b)
Sol. The Ministry of External Affairs has been allocated ₹20,516.61 crore.
S47. Ans.(c)
Sol. Customs Duty contributes 4% to the government’s revenue.
S48. Ans.(a)
Sol. The Ministry of Law & Justice has been allocated ₹5,850.37 crore.
S49. Ans.(c)
Sol. Petroleum subsidies have been allocated ₹12,100 crore.
S50. Ans.(b)
Sol. Finance Commission & Other Transfers account for 8% of total expenditure.
S51. Ans.(a)
Sol. The Ministry of Health & Family Welfare has been allocated ₹99,858.56 crore.
S52. Ans.(b)
Sol. The total allocation for Securities against Small Savings is ₹343,382 crore.
S53. Ans.(b)
Sol. Pensions account for 4% of total government expenditure.
S54. Ans.(a)
Sol. The total allocation for State Devolution is ₹14,22,444 crore.
S55. Ans.(a)
Sol. The Ministry of Rural Development has been allocated ₹1,90,405.53 crore.
S56. Ans.(a)
Sol. The Ministry of Commerce & Industry has been allocated ₹18,446.05 crore.
S57. Ans.(c)
Sol. The total External Debt allocation in the budget is ₹23,490 crore.
S58. Ans.(c)
Sol. Union Excise Duties contribute 5% to the government’s revenue.
S59. Ans.(b)
Sol. Finance Commission Grants have been allocated ₹1,32,767 crore.
S60. Ans.(b)
Sol. The total Effective Capital Expenditure in the budget is ₹15,48,282 crore.
S61. Ans.(a)
Sol. The Ministry of Chemicals & Fertilizers has been allocated ₹1,61,965.21 crore.
S62. Ans.(a)
Sol. Non-Debt Capital Receipts contribute 1% to the government’s revenue.
S63. Ans.(b)
Sol. Centrally Sponsored Schemes account for 8% of total expenditure.
S64. Ans.(b)
Sol. Non-Tax Revenue has been allocated ₹583,000 crore in the budget.
S65. Ans.(d)
Sol. Other Grants & Loans to States have been allocated ₹3,74,725 crore.