RBI ‘ B ‘ Officers Exam :February 2011

1. As per news in various journals, many banks have failed to achieve agri – loan target fixed by the RBI for the year 2010 – 11.  What was the target fixed for the year ?

1. 10%

2. 15%

3. 18%

4. 24%

5. 30%

Ans – 3

 

2. President Barack Obama was on a visit to India a few months back.  His visit is said to have forged both the nations into a new era of relations.  India managed to sign a special agreement with US in which of the following fields / areas as a by – product of the visit of Obama ?

1. Energy sector & nuclear energy as US has lifted sanctions on supply of high – tech machines

2. Skill development programmes in IT sector in which US has super – specialisation

3. Training in management of Micro – finance Institutions

Ans – 1 & 2

 

3. Many times we read a term ‘ Tax Haven ‘ in various news papers.  What does it mean ?

1. It is a country where certain taxes are levied at a very low rate

2. It is a country where people can dump their illegal money with out any problem

3. It is a place where foreigners can work without paying any tax on their income

Ans – 2

 

4. Who amongst the following was awarded the ” Indira Gandhi Peace Prize ” for 2010 ?

1. Ronald Noble

2. Luiz Inacio Lula D’Silva

3. Mohammed Elbaradei

4. Aung San Suu Kyi

5. None of these

Ans – 2

 

5. The 10th Trilaterial Ministerial of RIC was organised in November 2010.  Who are the members of the RIC ?

1. Russia – Iran – China

2. Russia – India – China

3. Romania – Iran – Canada

4. Romania – Israel – Chile

5. Russia – India – Croatio

Ans – 2

 

6. India and Syria recently decided to double their trade in next two years.  Indian Government has decided to export which of the following commodities to Syria ?

1. Natural Gas

2. Milk

3. Oil

4. Wheat

5. All of these

Ans – 4

 

7. India has sanctioned a Rs. 26 million to which of the following countries for development of tube wells ?

1. Myanmar

2. Bangladesh

3. Nepal

4. Pakistan

5. Sri Lanka

Ans – 5

 

8. Which of the following is the name of the scheme launched by the Government of India for adolescent girls ? ( Launched in November 2010 )

1. Swawlamban

2. SABALA

3. AADHAR

4. ASHA

5. None of these

Ans – 5

 

9. Many a time we see in financial journals / bulletins a term M3.  What is M3 ?

1. Currency in circulation on a particular day

2. Total value of the foreign exchange on a particular day

3. Total value of export credit on a given date

4. Total value of the tax collected in a year

5. None of these

Ans – 1

 

10. As per news in various news papers, Government has allocated a huge sum of Rs. 31,000 crore for ‘ RTE ‘ .  What is full form of RTE ?

1. Right to Education

2. Reforms in Technical Education

3. Return to Empowerment

4. Right to Empowerment

5. Renewable Technology for Energy

Ans – 1

 

11. Which of the following organizations / agencies has given a US $ 407 billion loan to India to boost up its micro finance services in unbanked areas ?

1. IMF

2. World Bank

3. Bank of Japan

4. ADB

5. Jointly by IMF and ADB

Ans – 2

 

12. The Prime Minister’s Economic Advisory Council ( PMEAC ) has projected that the Indian Exports will grow by what percentage during 2010 – 11 ?

1. 15%

2. 18%

3. 22%

4. 24%

5. 28%

Ans – 3

 

13. Which of the following organisations / agencies has given the estimate that India will be the third largest FDI recipient in 2010 – 12 ?

1. UNCTAD

2. WTO

3. World Bank

4. IMF

5. None of these

Ans – 1

 

14. Which of the following is the rank of India in Human Development Report 2010 prepared by the UNO ?   

1. 99

2. 100

3. 115

4. 119

5.None of these

Ans – 4

 

15. Which of the following was / were the key objectives of the RBI’s review of Monetary and Credit Policy 2010 – 11 which was recorded again on 2nd November 2010 ?

1. To sustain the anti – inflationary thrust

2. To maintain an interest rate regime consistent with price

3. To provide extra tax incentives to exporters who were in stress due to market fluctuations

Ans – 1 & 2

 

16. Who amongst the following is the author of the book ” Development as Freedom ” ?

1. M.S. Swaminathan

2. C. Rangarajan

3. Manmohan Singh

4. Y.V, Reddy

5. Amartya Sen

Ans – 5

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