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Question

In which budget was the policy of LERMS announced?

The correct answer is

1992-93

The Liberalized Exchange Rate Management System (LERMS) was introduced in the 1992-93 budget to provide flexibility in India's foreign exchange market.

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Important Questions from Budget

  1. The first Economic Survey of India was presented in ______.

  2. The Union Budget 2018 allocated ₹ 5,750 crore to ______

  3. Which of the following suggestions to the Government about commercial lawsuits is indicated within the 2017-18 economic survey of India?

  4. As per Economic Survey 2020-21, from the year ______ infant mortality rates declined by 12% for states that did not adopt the 'Ayushman Bharat Pradhan Mantri Jan Arogya Yojana' (AB-PMJAY).

  5. What percentage of the total Union Budget does the Defence Budget constitute for the Financial Year 2024-25?

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