Previous Year Question
With reference to Budget of Uttar Pradesh for the Financial Year 2020-21, which of the following statement(s) is/are true?
The size of the budget was ₹5,12,860.72 crores.
Certain new schemes were also included in this budget amounting to ₹10,967.87 crores.
Select the correct answer from the code given below:
Only 1
Both 1 and 2
Only 2
Neither 1 nor 2
Correct Answer: B
Detailed Solution
Statement 1 is correct. The total size of the Uttar Pradesh Budget for the financial year 2020-21 was ₹5,12,860.72 crore. The official Budget Speech of the Government of Uttar Pradesh records this exact amount.
Statement 2 is also correct. The Budget included new schemes amounting to ₹10,967.87 crore. This figure is also explicitly recorded in the official Budget Speech along with the overall size of the Budget.
The total expenditure estimated in the Budget was also ₹5,12,860.72 crore, comprising both revenue and capital expenditure.
This was the annual Budget of Uttar Pradesh for 2020-21, presented on 18 February 2020. Thus, both figures mentioned in the question—₹5,12,860.72 crore and ₹10,967.87 crore—match the official Budget document.