With reference to the Union Budget of India, consider the following statements:

1. The Consolidated Fund of India is the only fund from which all government expenditures are met, including the salaries of the President and the judiciary.
2. The Finance Bill and the Appropriation Bill must be passed by both Houses of Parliament before the government can incur any expenditure.
3. The Annual Financial Statement (AFS), as mandated by Article 112 of the Indian Constitution, includes details of receipts and expenditure of the government for the past, present, and future financial years.
4. The Revenue Deficit refers to the excess of total government expenditure over total government revenue, including both tax and non-tax revenue.

Which of the statements given above is/are correct?

Consider the following statements regarding the history of budget presentation in India:

1. The first Union Budget of independent India was presented by R.K. Shanmukham Chetty in 1947 and focused mainly on partition-related financial challenges.
2. Morarji Desai holds the record for presenting the highest number of Union Budgets in independent India.
3. The tradition of presenting the budget at 11:00 AM started in 2001 under Yashwant Sinha to align with global financial markets.
4. The Railway Budget and Union Budget were merged for the first time in 2014, following the recommendation of the NITI Aayog.

Which of the statements given above is/are correct?

Consider the following statements:

1. The Capital Budget includes both capital receipts and capital expenditure of the government, such as loans raised by the government and investments in infrastructure projects.
2. The Revenue Budget consists of only tax revenue, and non-tax revenue is classified under the Capital Budget.
3. Zero-Based Budgeting (ZBB) was first introduced in India in the 1990s to enhance expenditure efficiency.
4. The Performance Budget focuses on government expenditures in terms of measurable outputs and outcomes rather than just financial allocations.

Which of the statements given above is/are correct?

Consider the following statements:

1. The largest share of the Union Government’s revenue comes from Direct Taxes, primarily Corporate Tax and Income Tax.
2. Goods and Services Tax (GST) is the single largest source of indirect tax revenue for the government.
3. The largest expenditure component of the Union Budget is interest payments on past borrowings.
4. States receive the highest allocation of funds from the Union Government through Centrally Sponsored Schemes (CSS).

Which of the statements given above is/are correct?

With reference to the principles outlined in the Union Budget 2025-26 under the vision of Viksit Bharat, consider the following statements:

1. The Union Budget 2025-26 focuses on achieving zero-poverty and 100% literacy as part of the broader goal of a developed India by 2047.
2. The budget emphasizes women's economic participation by ensuring a 70% participation rate in economic activities, particularly in rural sectors.
3. The principle of agricultural excellence under Viksit Bharat aims to position India as the world's largest producer of agri-tech solutions, rather than focusing on food security.
4. The Union Budget 2025-26 envisions India's transition towards a completely digitized economy, with a target to have 100% financial inclusion by 2030.

Which of the statements given above is/are correct?

With reference to the Prime Minister Dhan-Dhaanya Krishi Yojana announced in the Union Budget 2025-26, consider the following statements:

1. The programme aims to cover 100 districts characterized by low productivity, moderate crop intensity, and below-average credit parameters.
2. It seeks to benefit approximately 1.7 crore farmers by enhancing agricultural productivity and promoting crop diversification.
3. The programme includes the establishment of a new urea plant in Assam to support fertilizer availability in the targeted districts.
4. The initiative is to be implemented solely by the central government without collaboration with state governments.

Which of the statements given above is/are correct?

With reference to the Mission for Aatmanirbharta in Pulses announced in the Union Budget 2025-26, consider the following statements:

1. The mission is a six-year initiative focusing on achieving self-reliance in pulses production, with a special emphasis on tur (pigeon pea), urad (black gram), and masoor (red lentil).
2. The mission includes a provision for NAFED and NCCF to procure the targeted pulses from registered farmers over the next four years.
3. The mission aims to eliminate India's dependence on pulses imports by 2029.

Which of the statements given above is/are correct?

With reference to the Mission for Cotton Productivity announced in the Union Budget 2025-26, consider the following statements:

1. The mission is a five-year initiative aimed at enhancing cotton productivity and promoting extra-long staple (ELS) cotton varieties.
2. It seeks to double the current average cotton yield from approximately 450-500 kg per hectare to 1,000 kg per hectare.
3. The mission aligns with the government's 5F vision for the textile sector, which includes Farm to Fibre, Fibre to Factory, Factory to Fashion, and Fashion to Foreign.

Which of the statements given above is/are correct?

With reference to the measures announced in the Union Budget 2025-26 to promote employment and entrepreneurship opportunities in labour-intensive sectors, consider the following statements:

1. The Focus Product Scheme for the footwear and leather sector aims to facilitate employment for 22 lakh persons and generate a turnover of ₹4 lakh crore.
2. The National Action Plan for Toys is designed to establish India as a global manufacturing hub for toys, thereby creating substantial employment opportunities.
3. The budget proposes the establishment of the National Institute of Food Technology, Entrepreneurship and Management in Bihar to boost entrepreneurship and employment in food production.
4. The Employment Linked Incentive Scheme and the Prime Minister Internship Scheme have been launched to directly address job creation in labour-intensive industries.

Which of the statements given above is/are correct?

With reference to the "Investing in People" initiatives in Budget 2025-26, consider the following statements:

1. The Bharatiya Bhasha Pustak Scheme aims to promote the publication of academic books exclusively in Sanskrit and Tamil to preserve linguistic heritage.
2. The Atal Tinkering Labs initiative in government schools focuses on imparting STEM education with an emphasis on Artificial Intelligence and Robotics.
3. The budget proposes the establishment of five National Centres of Excellence for Skilling, focusing on high-demand sectors like green energy and semiconductor manufacturing.
4. PM SVANidhi Yojana under the budget aims to expand credit facilities to include migrant laborers and daily wage earners beyond street vendors.

Which of the statements given above is/are correct?