Summarize the following text to main points and sub-points and make detailed explain for them:

d to World Bank 
Logistics Performance Index. 
 
1. India’s rank in the Index was 42nd in 2023, out of 139 
countries. 
 
1. India’s rank in the International Shipments category 
was 22nd in 2023. 
 
Which of the above statements is/are correct? 
 
(A)  Only 1 
(B)  Only 2 
 
(C)  Both 1 and 2 
(D)  Neither 1 nor 2 
 
 
(B)  Only 2 
▪ 
India’s rank in the International Shipments category 
in the World Bank Logistics Performance Index has 
improved to 22nd in 2023 from 44th in 2014. 
▪ 
India’s 
rank 
in 
the 
World 
Bank’s 
Logistics 
Performance Index improved by six places, from 
44th in 2018 to 38th in 2023, out of 139 countries. 
 
37. 
Which 
mission 
focuses 
on 
promoting 
mindful 
consumption to address global climate change, as 
mentioned in the Indian Economic Survey 2023-24? 
 
(A)  Mission PLaNeT 
(B)  Mission EaRTH 
 
(C)  Mission LiFE 
(D)  Mission SoUL 
 
 
(C) 
 
“Mission LiFE” focuses on human-nature harmony 
promoting 
mindful 
consumption 
than 
over 
consumption that lies at the root of global climate 
change problem. 
 
 
 
 
 
 
 
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UNION BUDGET 2024-25 
Union Budget 2024-25 MCQs 
 
1. 
As per the Union Budget 2024-25, which ministry 
received the highest allocation, and what percentage 
of the total estimated expenditure does it account for? 
 
(A)  Ministry of Railways, 12.3% 
 
(B)  Ministry of Road Transport and Highways, 15.8% 
 
(C)  Ministry of Defence, 13% 
 
(D)  Ministry of Consumer Affairs, Food and Public 
Distribution, 13.6% 
 
 
(C) Ministry of Defence, 13% 
 
 
2. 
As per the Union Budget 2024-25 the government will 
establish 
a 
comprehensive 
Economic 
Policy 
Framework 
which 
will 
address 
all 
factors 
of 
production, including land, labour, capital, and 
entrepreneurship. The planned land-related reforms 
in India will focus on improving few key aspects. 
Which of the following is not one of them? 
 
(A)  Improving land administration, planning, and 
management 
 
(B)  Updating urban planning, land usage, and building 
bylaws 
 
(C) Increasing agricultural productivity through 
advanced irrigation 
 
(D)  Incentivizing reforms through fiscal support 
 
 
(C) 
 
3. 
As per the Union Budget 2024-25 Which of the 
following is a key component of the rural land-related 
reforms in India? 
 
(A)  Introduction of a Unique Land Parcel Identification 
Number (ULPIN) 
 
(B)  Creation of land-based municipal bonds 
 
(C)  Establishment of a national land tribunal 
 
(D)  Launching a smart city program for rural areas 
 
 
(A) 
 
4. 
Consider the following statements regarding urban 
land-related reforms: 
 
1. Urban land records will be digitized with the help of 
GIS mapping. 
 
2. An IT-based system for property record 
administration will be introduced. 
 
3. These reforms aim to reduce property taxation by 
50% in urban areas. 
 
Which of the above statements is/are correct? 
 
(A)  Only 1 and 2 
(B)  Only 2 and 3 
 
(C)  Only 1 and 3 
(D)  All 1, 2, and 3 
 
(A)  Only 1 and 2 
 
 
Explanation Q1-Q4 
The Union Budget 2024-25 focuses on the theme of 
"Next Generation Reforms,". The budget outlines key 
reforms across various sectors. 
 
The government will create an Economic Policy 
Framework to boost productivity and market efficiency, 
addressing land, labor, capital, and entrepreneurship, 
with technology playing a key role in improving total 
factor productivity and reducing inequality. 
 
▪ 
Land-Related Reforms: The planned land-related 
reforms and actions in both rural and urban areas 
will focus on two key aspects: 
(1)  improving land administration, planning, and 
management, and 
(2) updating urban planning, land usage, and 
building bylaws. 
▪ 
Rural Reforms: Introduction of the Unique Land 
Parcel Identification Number (ULPIN) or Bhu-
Aadhaar, digitization of cadastral maps, survey of 
map sub-divisions, establishment of a land registry, 
and linking to the farmers' registry. 
 
These initiatives will be incentivized through appropriate 
fiscal support, with a goal for completion within the next 
three years. 
 
5. 
What is the limit for MUDRA loans as announced in the 
Budget 2024-25? 
(A)  ₹ 15 lakh 
(B)  ₹ 20 lakh 
(C)  ₹ 25 lakh 
(D)  ₹ 30 lakh 
 
 
(B)  ₹ 20 lakh 
The limit for MUDRA loans has been enhanced from ₹ 10 
lakh to ₹ 20 lakh to boost small businesses and 
entrepreneurship. 
 
6. 
Which of the following is NOT among the 9 priorities 
mentioned in the Union Budget 2024-25 for the 
pursuit of 'Viksit Bharat'? 
 
1. Employment & Skilling 
 
2. Urban Development 
 
3. Energy Security 
 
4. Digital India Expansion 
 
5. Innovation, Research & Development 
Code: 
(A) 3 only 
(B) 1 and 2 only 
(C) 4 only 
(D) 3 and 5 only 
 
 
 
 
 
 
 
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UNION BUDGET 2024-25 
(C) 4 only 
 
For pursuit of ‘Viksit Bharat’, the budget envisages 
sustained efforts on the following 9 priorities for 
generating ample opportunities for all.  
1. Productivity and resilience in Agriculture 
2. Employment & Skilling 
3. Inclusive Human Resource Development and Social 
Justice 
4. Manufacturing & Services 
5. Urban Development   
6. Energy Security 
7. Infrastructure 
8. Innovation, Research & Development and 
9. Next Generation Reforms 
 
7. 
In the Union Budget 2024-25 The government has 
announced the release of how many high-yielding and 
climate-resilient varieties of crops? 
 
(A)  62 varieties 
(B)  87 varieties 
 
(C)  109 varieties 
(D)  127 varieties 
 
 
(C)  109 varieties 
 
As per the Union Budget 2024-25 new 109 high-yielding 
and climate-resilient varieties will be released. 
 
8. 
What is the amount allocated to agriculture and allied 
sectors in the Union Budget 2024-25? 
 
(A)  ₹ 1.29 lakh crore 
(B)  ₹ 1.52 lakh crore 
 
(C)  ₹ 1.67 lakh crore 
(D)  ₹ 1.75 lakh crore 
 
 
(B)  ₹ 1.52 lakh crore 
 
9. 
As per the Union Budget 2024-25 how many need-
based bio-input resource centres will be established? 
 
(A)  1000 
(B)  5000 
 
(C)  10000 
(D)  15000 
 
 
(C)  10000 
 
10. 
As per the Union Budget 2024-25, consider the 
following statements about the Digital Agriculture 
Mission for the creation of digital public infrastructure 
in agriculture: 
 
1. The mission aims to cover farmers and their lands 
within 3 years. 
 
2. The mission will roll out three DPI projects: 
Agristack, Krishi Decision Support System, and soil 
profile mapping. 
 
3. The total budgetary allocation for the mission is Rs 
1,940 crore, entirely provided by the Centre. 
 
Which of the above statements is/are correct? 
 
(A)  Only 1 and 2 
(B)  Only 1 and 3 
 
(C)  Only 2 
(D)  Only 3 
 
 
(A)  Only 1 and 2 
 
The budgetary allocation for the mission is Rs 2,817 
crore, with Rs 1,940 crore provided by the Centre. 
 
11. 
As per the budget announcement Jan Samarth-based 
Kisan Credit Cards will be enabled in how many states?  
 
(A) Seven states 
(B) Five states 
 
(C) Six states 
(D) Three states 
 
 
(B) Five states 
 
12. 
As per the Union Budget 2024-25, what is the total 
allocation for the five schemes under the Prime 
Minister’s package for employment and skilling? 
 
(A)  ₹1.48 lakh crore 
(B) ₹3 lakh crore 
 
(C)  ₹2 lakh crore 
(D)  ₹1.7 lakh crore 
 
 
(C)  ₹2 lakh crore 
 
The Prime Minister’s package for employment and 
skilling includes five schemes with a total allocation of ₹2 
lakh crore. 
 
13. 
Which of the following schemes, under the new 
employee-linked incentive programs, supports direct 
benefit transfer of one month's salary for first-timers 
up to ₹15,000? 
 
(A)  Scheme A 
(B)  Scheme B 
 
(C) Scheme C 
(D)  Scheme D 
 
 
(A)  Scheme A 
 
14. 
As per the Union Budget, how many students will 
receive e-vouchers annually for interest subvention 
on education loans, and what is the subvention rate? 
 
(A)  50,000 students; 5% subvention 
 
(B)  1 lakh students; 3% subvention 
 
(C) 2 lakh students; 4% subvention 
 
(D)  1 lakh students; 5% subvention 
 
 
(B)  1 lakh students; 3% subvention  
 
E-vouchers will be given to 1 lakh students annually, 
providing a 3% interest subvention on education loans 
up to ₹10 lakh. 
 
 
 
 
 
 
 
 
 
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UNION BUDGET 2024-25 
15. 
Under the Purvodaya initiative, which of the following 
expressways is NOT part of the planned road 
connectivity projects costing ₹26,000 crore? 
 
(A)  Patna-Purnea Expressway 
 
(B)  Buxar-Bhagalpur Expressway 
 
(C)  Bodhgaya-Rajgir-Vaishali-Darbhanga Spurs 
 
(D)  Kolkata-Siliguri Expressway 
 
 
(D)  Kolkata-Siliguri Expressway 
 
16. 
Consider the following states and answer the question 
below: 
 
1.  West Bengal 
2.  Andhra Pradesh 
 
3.  Assam 
4.  Bihar 
 
5.  Sikkim 
6.  Arunachal Pradesh 
 
7.  Odisha 
 
Which of the above s

Summary :