RBI Grade ‘B’ Officer’s Previous Questions

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

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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