1. Under the presumptive tax regime announced in the 2025 Budget for foreign workers in India's electronics manufacturing, what portion of their total pay is treated as taxable?
Answer: C. Only a quarter of the total remuneration earned by foreign nationals in electronics manufacturing is taxable under the proposed presumptive scheme, which sharply cuts their effective tax rate.
2. Reforms in the 2025 Budget are expected to push which sector past $200 billion, roughly doubling it within three to four years?
Answer: E. The budget reforms are projected to double India's electronics manufacturing industry to above $200 billion over the coming three to four years.
3. Within the electronics manufacturing reforms, the Safe Harbour rule for non-residents chiefly aims at what?
Answer: A. Safe Harbour lets non-resident firms keep components meant for electronics production stored in India, which cuts down tax disputes and eases the paperwork.
4. By what percentage does the 2025 Budget project the government's income tax collection to rise?
Answer: D. The budget sets a goal of 14.4% growth in income tax receipts for the upcoming financial year.
5. An increased FDI cap to draw investment and widen financial inclusion was proposed in the 2025 Budget for which sector?
Answer: B. To deepen financial inclusion and attract capital, the budget proposes lifting the foreign investment ceiling in insurance to 100%.
6. Which districts does the PM Dhan-Dhanya Krishi Yojana target to lift crop productivity and farm credit access?
Answer: E. The scheme concentrates on 100 districts where farm productivity is low, aiming to improve yields, crop diversification and farmers' access to credit.
7. The 2025-26 Agriculture Budget raised the borrowing ceiling on Kisan Credit Cards to what amount?
Answer: C. The KCC limit moves up from ₹3 lakh to ₹5 lakh, making credit easier to get for about 77 million farmers.
8. Which main obstacle to privatising Public Sector Undertakings is noted in the 2025 Budget discussion?
Answer: A. Selling off PSUs gets stuck over legacy liabilities and asset questions, particularly where firms own very large land holdings.
9. What is a central theme of the fisheries framework brought in by the 2025 Budget?
Answer: B. The fisheries framework stresses sustainable practices and opening export opportunities, which is meant to help the sector expand.
10. The 2025 Budget points to which pair of problems as a major challenge for Indian agriculture?
Answer: D. Rising food prices and weather-linked risks are flagged as core difficulties for farming, and the budget's reforms and support measures address them.