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EconomyMedium

What were the total receipts of the Government of India up to September 2026?

  1. A.Rs 12,76,088 crore
  2. B.Rs 18,35,422 crore
  3. C.Rs 25,49,835 crore
  4. D.Rs 18,95,288 crore

Correct answer

B. Rs 18,35,422 crore

Explanation

The correct answer is Rs 18,35,422 crore, which works out to 50.3 per cent of the budget estimate of total receipts for the year. This amount is made up of tax revenue net to the Centre, non-tax revenue and non-debt capital receipts. Option A gives only the tax revenue component that remained with the Centre after the states had been paid their share. Option C is the total expenditure figure for the same six months, not the receipts, and option D is the part of that expenditure which went on revenue account. Candidates should keep the receipts and expenditure sides apart, because questions often swap the two. Also worth noting is that devolution to the state governments in this period was higher than in the corresponding period a year earlier.

Read the full article: Centre Receives Rs 18,35,422 Crore up to September 2026

Q1.EconomyHard

How much was transferred to state governments as devolution of the share of taxes up to September 2026?

  1. A.Rs 4,80,732 crore
  2. B.Rs 6,54,547 crore
  3. C.Rs 6,99,409 crore
  4. D.Rs 6,46,010 crore
Show answer
Correct answer: C. Rs 6,99,409 crore

The monthly accounts record that this sum was transferred to the state governments as devolution of their share of central taxes during the first half of the financial year, and that it was Rs 67,658 crore higher than the amount devolved in the corresponding period of the previous year.

Q3.EconomyHard

Under current policies, NITI Aayog projects India's coal demand by 2050 at what level?

  1. A.Over 1.5 billion tonnes
  2. B.Over 2.6 billion tonnes
  3. C.Over 3.4 billion tonnes
  4. D.Over 4.2 billion tonnes
Show answer
Correct answer: B. Over 2.6 billion tonnes

The projection quoted at the consultation shows demand rising from about 1.25 billion tonnes in 2025 to more than 2.6 billion tonnes by 2050 if present policies continue, and staying above 1.8 billion tonnes even along a net zero path, because steel, cement and power, the three largest consumers, are…

Q5.EconomyMedium

Of the commercial coal mines allotted since 2020, how many are producing, according to the Ministry of Coal?

  1. A.25 of 137
  2. B.37 of 125
  3. C.52 of 137
  4. D.25 of 90
Show answer
Correct answer: A. 25 of 137

The ministry said at its consultation in Goa that of the commercial mines allotted since the reform framework came in, only a small fraction has reached production, and the Coal Secretary described an allotted but idle block as capacity the country has set aside yet cannot use.