Quantitative Aptitude Quiz Based on Interim Budget: 1st February 2019 |

Dear Students,

Quantitative Aptitude Quiz Based on Interim Budget 2019

Finance minister Piyush Goyal presented the Interim Budget for 2019-20 today. Today’s Quiz is based on the Budget and it includes the latest Pattern Questions asked in Various exams last year. Here is a quiz on Quantiative Aptitude being provided by Adda247 to let you practice the best of latest pattern Quant for IBPS PO/Clerk, SBI PO, NIACL AO Mains Examinations 2019-20.

Directions: (1-5): The following line graph is based on union budget of India released on 1st February 2019. Study the graph carefully and answer the given questions. The line graph provides the information about indirect and direct taxes (as a percentage of GDP) in each year.

Total GDP in the year 2019-20(BE) = 2,50,000 crore
BE = Budget Estimated
RE = Revised Budget

Quantitative Aptitude Quiz Based on Interim Budget: 1st February 2019 |_3.1

Q1. As per the Union Budget Released on 1st February 2019, total budget estimated Tax Receipts (Indirect tax + direct tax) is what approximate percent more or less than the total tax receipts (Indirect tax + Direct tax) in the last year i.e. 2018-19(RE)? (Consider GDP for 2018 and 2019 equal)
(a) 1.7 % less
(b) 2.1 % more
(c) 1.7 % more
(d) 2.7 % more
(e) 2.1 % less

Q2. What is the difference between Direct tax and Indirect tax in 2019-20 (BE)?
(a) Rs 2750 cr
(b) Rs 3436 cr
(c) Rs 4550 cr
(d) Rs 1749 cr
(e) Rs 1550 cr

Q3. Find the ratio between the total Direct tax in 2011–12 and 2015–16 to the total Indirect tax for the same time periods if ratio of GDP in 2011-12 to that of 2015-16 is 2:3?
(a) 133 : 110
(b) 233 : 277
(c) 135 : 118
(d) 137 : 123
(e) 134 : 117

Q4. As per the Union Budget Released on 1st February 2019 total percentage of Direct tax is 6.6 % if it is assumed that income tax will be paid 1.2% of the total Direct tax in 2019-20(BE) then find the total income tax which will be paid in 2019-20?
(a) 152 cr
(b) 225 cr
(c) 140 cr
(d) 75 cr
(e) 198 cr

Q5. Total Tax (Direct tax + Indirect tax) paid in 2017-18 is what approximate percent of total tax (Direct tax + Indirect tax) paid in 2016-17 consider same GDP for both the respective years?
(a) 95 %
(b) 109 %
(c) 102 %
(d) 99 %
(e) 105 %

Directions (6-10): Simplify the following problems.
Q6. 56% of 958 + 67% of 1008 = ?% of 2000
(a) 60.592
(b) 47.622
(c) 42.86
(d) 91.455
(e) 65.092

Q7. (47 × 588) ÷ (28 × 120) = ?
(a) 6.284
(b) 7.625
(c) 8.225
(d) 8.285
(e) 82.25