1.This shield (left) belongs to which country? a) United Kingdom b) United States c) Spain
Wrong! Try again..
Wrong! The correct answer is United States The shield belongs to the US Treasury Department. The background of the shield is yellow with brown outlines and yellow-orange shadows. There is also a blue chevron with 13 white stars in white. Above the chevron appears the balancing scales (representing justice). Below the chevron is a white Treasury key (the emblem of official authority).
Correct! The shield belongs to the US Treasury Department. The background of the shield is yellow with brown outlines and yellow-orange shadows. There is also a blue chevron with 13 white stars in white. Above the chevron appears the balancing scales (representing justice). Below the chevron is a white Treasury key (the emblem of official authority).
2. The word 'budget' has originated from which language? a) Italian b) Spanish c) French
Wrong! Try again..
Wrong! The correct answer is French. The word 'budget' is said to have come from the old French word bougette, which means 'little bag.'
Correct! The word 'budget' is said to have come from the old French word bougette, which means 'little bag.'
3. He presented budgets under both Jawaharlal Nehru and Indira Gandhi... a) R K Shanmukham Chetty b) T T Krishnamachari c) Morarji Desai
Wrong! Try again..
Wrong! The correct answer is Morarji Desai. Morarji Ranchhodji Desai, independence activist and the Prime Minister of India from 1977-79, is the only Indian to receive the highest civilian awards from both India and Pakistan, the Bharat Ratna and Nishaan-e-Pakistan. Under Jawaharlal Nehru, he was the finance minister from 1959-1964, and under Indira Gandhi, he held that office from 1967-1970.
Correct! Morarji Ranchhodji Desai, independence activist and the Prime Minister of India from 1977-79, is the only Indian to receive the highest civilian awards from both India and Pakistan, the Bharat Ratna and Nishaan-e-Pakistan. Under Jawaharlal Nehru, he was the finance minister from 1959-1964, and under Indira Gandhi, he held that office from 1967-1970.
4. His first stint at finance minister was the shortest in Indian history... a) R K Shanmukhan Chetty b) Jaswant Singh c) Yashwant Sinha
Wrong! Try again..
Wrong! The correct answer is Jaswant Singh. Jaswant Singh was the finance minister in the A B Vajpayee government of 1996 that lasted for only 13 days.
Correct! Jaswant Singh was the finance minister in the A B Vajpayee government of 1996 that lasted for only 13 days.
5. A Pakistani prime minister, he was also the finance minister of India. Who is he? a) Liaquat Ali Khan b) Mohd. Ali Jinnah c) Khawaja Nazimuddin
Wrong! Try again..
Wrong! The correct answer is Liaquat Ali Khan. Liaquat Ali Khan, the first prime minister of Pakistan was the finance minister of the interim government of India (1946-47). While Jinnah was never Pakistan's prime minister, Nazimuddin was the country's second prime minister.
Correct! Liaquat Ali Khan, the first prime minister of Pakistan was the finance minister of the interim government of India (1946-47). While Jinnah was never Pakistan's prime minister, Nazimuddin was the country's second prime minister.