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Question

Which statement is not correct about budget 2019-20?

A The number of new income-tax filers increased in 2017-18, taking the total income tax returns filed to 6.84 crore, up 26% from previous year
B Payment of gratuity has been increased from Rs. 10 lakh to Rs. 20 lakhs
C Government has introduced the Prime Minister 'Kisan Samman Nidhi Yojana'. This scheme will be in effect from 1st January, 2019
D The amount allocated for the defense sector has exceeded 3 lac cr for the first time

Answer & Explanation

Answer: Government has introduced the Prime Minister 'Kisan Samman Nidhi Yojana'. This scheme will be in effect from 1st January, 2019

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