UPSC Prelims Practice Questions — Budget 2026 bets big on industrial growth

Q1. The India Semiconductor Mission (ISM) 2.0, announced in the Union Budget 2026-27, is to be implemented under which one of the following Union Ministries/Departments?

  • A. Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry
  • B. Ministry of Electronics and Information Technology (MeitY)
  • C. Department of Heavy Industries, Ministry of Heavy Industries
  • D. Department of Science and Technology (DST), Ministry of Science and Technology

Q2. In the context of the Union Budget 2026-27, the term 'SHAKTI' in 'Biopharma SHAKTI' stands for which one of the following?

  • A. Scheme for Holistic Advancement of Knowledge-led Technological Innovation
  • B. Strategic Healthcare Action for Knowledge Transfer and Industry
  • C. Strategy for Healthcare Advancement through Knowledge, Technology and Innovation
  • D. Self-reliant Healthcare and Kinetic Technology Initiative