UPSC Prelims Practice Questions — Union Budget 2026-27 lays emphasis on Scaling up manufacturing in 7 strategic and frontier sectors

Q1. The 'Biopharma SHAKTI' scheme, aimed at developing India as a global biopharma manufacturing hub, was announced in which of the following Union Budgets?

  • A. Union Budget 2024-25
  • B. Union Budget 2025-26
  • C. Union Budget 2026-27
  • D. Union Budget 2027-28

Q2. Which one of the following best describes the primary focus of the India Semiconductor Mission (ISM) 2.0 launched in the Union Budget 2026-27?

  • A. Producing semiconductor equipment and materials in India, designing full-stack Indian semiconductor IP, and fortifying supply chains
  • B. Providing fiscal subsidy solely for the import of finished chips for domestic assembly
  • C. Establishing only display fabrication (fab) units while excluding chip design
  • D. Regulating the retail prices of semiconductors in the domestic market

Q3. As of June 2026, how many projects had been approved under the India Semiconductor Mission (ISM)?

  • A. 8
  • B. 10
  • C. 12
  • D. 15

Q4. The Electronics Components Manufacturing Scheme (ECMS), whose outlay was enhanced in the Union Budget 2026-27, is implemented by which of the following?

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

Q5. To what amount was the outlay of the Electronics Components Manufacturing Scheme (ECMS) enhanced in the Union Budget 2026-27?

  • A. ₹22,919 crore
  • B. ₹40,000 crore
  • C. ₹10,000 crore
  • D. ₹76,000 crore

Q6. Among the following schemes announced in the Union Budget 2026-27 for the strategic and frontier manufacturing sectors, which one has the largest financial outlay?

  • A. Biopharma SHAKTI
  • B. Electronics Components Manufacturing Scheme (ECMS)
  • C. Container Manufacturing Scheme
  • D. Chemical Parks scheme

Q7. The Union Budget 2026-27, which laid emphasis on scaling up manufacturing in 7 strategic and frontier sectors, was presented by which Union Finance Minister?

  • A. Nirmala Sitharaman
  • B. Piyush Goyal
  • C. Arun Jaitley
  • D. Amit Shah

Q8. The dedicated Rare Earth Corridors announced in the Union Budget 2026-27 for mining, processing, research and manufacturing are steered primarily by which of the following?

  • A. Ministry of Mines
  • B. Ministry of Earth Sciences
  • C. Ministry of Coal
  • D. Ministry of Environment, Forest and Climate Change

Q9. Which one of the following was the first National Institute of Pharmaceutical Education and Research (NIPER) to be established, under the NIPER Act of 1998?

  • A. NIPER Mohali (SAS Nagar)
  • B. NIPER Hyderabad
  • C. NIPER Ahmedabad
  • D. NIPER Guwahati

Q10. In the Budget 2026-27 scheme for 3 dedicated Chemical Parks, the parks are to be set up through the 'challenge route' on a cluster-based plug-and-play model. The 'challenge route' most nearly means that:

  • A. States compete for selection by submitting proposals, with parks awarded to the most competitive bids
  • B. Each State is allotted a park in equal proportion irrespective of proposal quality
  • C. Parks are established only in States that have litigated against the Centre
  • D. Private firms bid to take over existing public-sector chemical plants