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Union Budget 2026-27 and Creative Economy

1 UPSC Prelims MCQs tagged "Union Budget 2026-27 and Creative Economy". Free practice with answer keys, explanations, and timed mock tests on Anantam IAS.

  1. The Union Budget 2026-27 introduces the concept of ‘Orange Economy’. To which one of…

    The Union Budget 2026-27 introduces the concept of 'Orange Economy'. To which one of the following is this term related?

    1. ACultivation and exports of best quality oranges from Maharashtra
    2. BCreative industries like animation and comics
    3. CManufacturing and maintenance of black box of aircraft which is orange in colour
    4. DCultivation and exports of sunflowers from North India
    Answer and explanation

    Correct answer: B

    The Orange Economy refers to creative and cultural industries that generate value from ideas, imagination and intellectual property rather than raw materials. Budget 2026-27 used the term while pushing the AVGC sector (animation, visual effects, gaming and comics), including AVGC content creator labs and a target of two million jobs by 2030. The colour orange is associated worldwide with creativity and culture.