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Union Budget 2025-26

1 UPSC Prelims MCQs tagged "Union Budget 2025-26". Free practice with answer keys, explanations, and timed mock tests on Anantam IAS.

  1. As per the Union Budget 2025-26, arrange the following sources of government revenue in…

    As per the Union Budget 2025-26, arrange the following sources of government revenue in descending order of their share in the government's total receipts:

    1. A1-3-2-4
    2. B2-3-1-4
    3. C1-4-3-2
    4. D3-1-4-2
    Answer and explanation

    Correct answer: B

    In the 2025-26 "where the rupee comes from" chart, borrowings and other liabilities lead at 24%, income tax follows at 22%, GST and other indirect taxes contribute 18%, and corporation tax adds 17%. That gives the descending order Borrowing > Income Tax > GST > Corporation, which is 2-3-1-4.