Question

    In the Budget 2021-22, finance ministry allotted 16.5 lakh crore for agriculture. What is amount allotted in agriculture in the Budget 2020-21?

    A Rs 1,40,400 crore Correct Answer Incorrect Answer
    B Rs 1,50,000 crore Correct Answer Incorrect Answer
    C Rs 1,45,000 crore Correct Answer Incorrect Answer
    D Rs 1,34,400 crore Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Department of Agriculture, Cooperation and Farmers' Welfare has been allocated Rs 1,34,400 crore in 2020-21, a 32% increase over the revised estimate of 2019-20. More than 78% of the Ministry’s budget is proposed to be spent on three schemes under this Department: PM-KISAN (53%), Interest Subsidy Scheme (15%), and Pradhan Mantri Fasal Bima Yojana (11%).

    Practice Next