RBI Grade ‘B’ Officer’s Exam held on 18-12-2011
1 In economic terms, the total market value of all final goods and services produced in a country in a given year is known as ?
1)GNI
2)GDP
3)Inflation
4)PPP
5)Wealth of the Nation
Ans-2
2 The meet of the finance Chief of G7 countries was held in September 2011 in _______? (Conferences) covered for may issue
1)London
2)Tokyo
3)Paris
4)Marseille
5)Vienna
Ans-4
3 What does the ‘M’ denote in the abbreviated term ‘MRTP’, an act which was applicable in India till recently?
1)Money
2)Moral
3)Minimum
4)Monopolies
5)Market
Ans-4
4 Which of the following organisations has given a warning to the Nations of the world that there mat be increased risk to global financial stability in the world ?
1)World Bank
2)World Trade Organization
3)Asian Development Bank
4)International Monetary Fund
5)United Nations Organizations.
Ans-1
5 What is the contribution of service sector in the total GDP of India ?
1)10%
2)14%
3)18%
4)26%
5)None of these
Ans-5
6 What is the contribution of Agriculture sector in the total GDP of India ? (Economy)
1)10%
2)24%
3)38%
4)40%
5)60%
Ans-1
7 As reported in newspapers, China has raised objection on India’s presence in South China Sea allong with Vietnam. Both the nations are engaged in which of the following activities in the sea?
1)Fishing
2)Exploring minerals
3)Exploring oilfields
4)Disposal of Electronic waste
5)Disposal of nuclear waste
Ans-3
8 Census in India was conducted and recently (2011), In the eyes of the economists and policymakers, India’s demographics’ are very much favorable to growth. Which of the following statements is not in conformity with the traditional demographics characteristic of India and its relation with growth?
1)India is a young country with low dependency ratio.
2)More ans more Indian youth under the age of 30 are getting better healthcare and access to quality technical education.
3)The so-called middle class of India is happy as they have better housing and earning facilities.
4)More employment opportunities and resultant financial freedom have made young women to pursue single life and delay marriage,
5)Indian youth are now the biggest consumers of luxurious good’s; they spend discretionary income and enjoy the associated status.
Ans -5
9 IAEA’ is an organisation which functions in the area of _______?
1)Prevention of money Laundering
2)Control of Foreign Direct Investment
3)Nuclear energy
4)World Trade
5)Promoting international understanding among the nations
Ans-3
10 Which of the following has been established mainly to promote micro, small &medium industrial sector in India ?
1)NABARD
2)SIDBI
3)IDBI Bank
4)EXIM Bank
5)All the above
Ans -2
11 Which of the following is a popular women empowerment programme in India ?
1)ASHA
2)Swabhiman
3)Mid Day Meal Scheme
4)Bharat Nirman
5)Self Help Group
Ans-5
12 India recently entered into an agreement to purchase LNG from some East Asian Nations. This is the part of India’s initiative in the direction of ______?
1)Look East policy
2)Switch over to LNG
)Business with most favoured nations only
4)Convention on supplemental Compensation(CSC)
5)New business; new partner scheme
Ans-1
13 As per recent reports, the coal Ministry of India has allocated certain coal blocks to four NTPC Thermal Power Plants in four states. which of the following states is not among these four states?
1)Uttar pradesh
2)Karnataka
3)Orissa
4)Madhya pradesh
5)Gujarat
Ans -5
14 What does the term ‘AAY’ denote? It is the short form of a social scheme launched by the Government of India ?
1)Asian Awas Yojana
2)Antyodaya Awas Yojana
3)Antyodaya Anna Yojana
4)Area Antyodaya Yojana
5)None of these
Ans-3
15 Which of the following is not one of the major functions of the National Bank for Agricultural and Rural Development(NABARD)?
1)Acting as a regulator for cooperative banks and RRB’s
2)Extending assistance to the government and others in matters related to rural development.
3)Providing refinance to lending institutions in rural areas.
4)Acting as a coordinator in the operations of rural credit institutions
5)Review of monetary and credit policy
Ans-5
16 Which of the following is the abbreviated name of the programme launched by the Government of India for developing desert areas?
1)DRDA
2)CAPART
3)DDP
4)IRDP
5)DWCRA
Ans-3
17 Who among the following are the two economists who got Nobel Prize in 2011 for their contribution in Economics?
1)Thomas J Sargent & Christopher J Sargent
2)Peter A Diamond & Thomas J Sargent
3)Christopher A Sims & Dale T Mortensen
4) Oliver O Willamson & Amartya sen
5) None of these
Ans -1