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13th November 2014, 09:27 AM
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Last year RBI Grade B Exam Question Papers?
Will you please provide me the Last year RBI Grade B Exam Question Papers?
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#2
13th November 2014, 09:54 AM
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Re: Last year RBI Grade B Exam Question Papers?
As you are saying that you want to know the Last year RBI Grade B Exam Question Papers so, here I am providing you the same. Here is an attachment for the previous year question paper if the RBI Grade B you can download that and some of the question from the PDF is given below: RBI Grade B I question paper Qs. 1-5. These questions are based on the followinginfomation: (i) A,B,C,D,E,F and G are sitting around the circle and are facing the centre. (ii) G is second to the left of C, who is to the immediate left of F. (iii) A is third to the left of E. (iv) B is between D and E. 1. Which of the following is true? (1) B is second to the right of G (2) D is second to the left of E (3) A is to the immediate right of G (4) C is fourth to the left of B (5) None of these 2. Which of the following has the middle person sitting between the remaining two? (1) EFB (2) DEB (3) GDA (4) FCE (5) None of these 3. Which of the following is false? (1) F is third to the right of D (2) B is to the immediate left of D (3) G is to the immediate right of D (4) A is fourth to the right of E (5) None of these 4. Which of the following is the position of F? (1) To the immediate left of C (2) Fourth to the right of A (3) Between A and E (4) To the immediate right of A (5) None of these 5. Which of the following pairs has the first person sitting to the immediate left of the second person? (1) BE (2) GD (3) CA (4) DG (5) None of these RBI Grade B Officer exam July 2004 solved paper 1. Ultimately he received the honour he deserve. (1) Gained the honour he deserve (2) Received the honour he deserves (3) Received the honour he deserved (4) Bags the honour he deserve (5) No correction required Ans: ( 3 ) Received the honour he deserved 2. I am totally opposite in the statement of some of our Managers. (1) Totally oppose to the (2) Absolutely oppose by the (3) Totally opposed to the (4) Completely opposed in the (5) No correction required Ans: ( 3 ) Totally opposed to the 3. Gayatri turned down the job offer to accommodate her friend. (1) Job offered in accommodate (2) Job offers for accommodate (3) Job offer to accommodating (4) Job offer in accommodate (5) No correction required Ans: ( 5 ) No correction required 4. She was informed that everyone of them are aware of the fact. (1) Were aware of (2) Are aware of (3) Was aware of (4) Is aware of (5) No correction required Ans: ( 3 ) Was aware of 5. She has being venturing into areas which she had always avoided in the past. (1) Has been venturing into (2) Has venturing into (3) Would venturing into (4) Had venturing into (5) No correction required Ans: ( 1 ) Has been venturing into Directions (Qs. 6 to 10) : Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part will be your answer. If there is no error (ignore errors of punctuation, if any), then your answer will be (5). 6. They never thought (1) / that Joshi is (2) / oldest than the other (3) / Professors in the Faculty. (4) / No error (5) Ans: ( 3 ) 7. Taken into consideration (1) / the advice of his (2) / colleagues he decided (3) / to stay in the Institute. (4) / No error (5) Ans: ( 1 ) 8. I am likely contact (1) / you sometime in (2) / next week to (3) / discuss with you in detail. (4) / No error (5) Ans: ( 1 ) 9. The police has making (1) / every effort to provide (2) / best help and (3) / attention to each citizen. (4) / No error (5) Ans: ( 1 ) 10. He cannot withdraw (1) / all his money (2) / unless he do not (3) / give advance notice. (4) / No error (5) Ans: ( 3&4 ) Directions (Qs. 11 to 25) : Read the following passage to answer these questions given below it. Certain words / phrases have been printed in bold to help you locate them while answering some of the questions : The suicide attacks by militant Palestinian groups killing large numbers of Israeli civilians and the harsh Israeli response, have raised the renewed hopes of peace in the region. It is Arafat?s leadership and authority that are being severely tested in the latest phase of the west Asian crisis. By accusing the Palestinian Authority (PA) of supporting terrorism by groups, Israel hopes to put pressure on Arafat to act. Arafat, on the other hand, has never looked a less powerful force than he does today. If he acts against the militants and elements in his own Fatah movement sympathetic to them, he risks a Palestinian civil conflict. But if he chooses to do nothing, he faces erosion of his authority and all claim to a central role in the peace process. Whatever he does, sections of the Palestinians will hold that he has gone too far and Israel that he has not gone for enough. This is, of course, why Arafat has invariably shrunk from hard decision. He has refrained from curbing the militant groups, explaining his inaction as necessary to maintain Palestinian unity. The Palestinian leadership?s inability to improve economic conditions for its people has been a decisive factor in the erosion of its ability to act. Palestinians in Gaza have targeted the PA as being responsible for their condition. The Militant organizations have capitalized on the PA?s failure to establish a functioning administrative infrastructure by setting up a parallel welfare system with the help of the millions of dollars. Though the Palestinian security forces claim to have arrested more than 100 militants after the suicide bomb attacks in Israel, the other similar militant groups remain defiant, confident of their popular support and of the certainty that in the ultimate analysis the PA leadership will stop short of decisive action against them. That the militant groups enjoy popular support in Gaza is hardly surprising. The Gaza Strip today resembles a vast prison camp in which some 1.2 million Palestinians are crammed. Despite the Oslo Accord, 7000 Israeli settlers still remain in 20 percent of the Gaza?s area and are protected by heavily armed Israeli forces. With its recent blockade of and extensive incursion into PA controlled territories, the Israeli government has placed the whole civil society in Palestine under siege. Over 450 NGOs, eight universities and numerous other educational, civic, social, developmental and health institutions have had their work impeded and their vital services to the population blocked. An international conference on Israel?s treatment of human rights in West Bank and Gaza, attended by signatories to the 1949 Geneva Conventions, that has opened in Switzerland overriding Israeli and American protests, is expected to censor Israel for its treatment of civilians in the Palestinian territories. Arafat?s standing among Palestinians rests on the authority conferred on the PA by the international community to represent and speak for the Palestinians. Even the major militant group has so far never openly challenged Arafat?s leadership. Israel?s latest vicious attacks directed against the PA and Arafat present the international community with the danger that this precarious balance of power in the Palestinian community may be destroyed. Continuance of the Israeli attacks can only further radicalize and harden the attitudes of ordinary Palestinians. On the other hand, Israeli moves to freeze further expansion of Jewish settlements in the West Bank and Gaza and, as soon as security conditions permit it, ease the economic blockade of Palestinian towns?however remote such measures appear just now?alone can restore the authority of the PA and give it a chance to get a grip on Palestinian militancy. 11. Which of the following factors have raised the hope for peace in West Asia? A. Killings of Israeli civilians B. Harsh response of Israelites C. Revocation of Oslo Accord (1) Only A and C (2) Only B and C (3) Both A and B (4) Either A or B (5) None of these Ans: ( 3 ) Both A and B 12. Which of the following explains the lack of action on the part of Palestinian leader? (1) He fears the army action against him (2) This according to him will fasten peace process (3) He feels that this step will keep Palestinians united (4) He is seriously worried about the degeneration of his power base (5) None of these Ans: ( 4 ) He is seriously worried about the degeneration of his power base 13. What is ultimate analysis of other similar militant groups? (1) The PA leadership will only act if a definite forceful action is taken on the PA (2) The suicidal attacks will only aggravate the situation (3) The PA leadership should be changed (4) The action on the Palestinians was justified (5) None of these Ans: ( 5 ) None of these 14. Which of the following words is just opposite in meaning to the word impeded as used in the passage? (1) Hindered (2) Facilitated (3) Felicitated (4) Stopped (5) Courage Ans: ( 1 ) Hindered 15. What does the word overriding mean as used in the passage? (1) Notwithstanding (2) Concurring (3) Welcoming (4) Criticizing (5) None of these Ans: ( 1 ) Notwithstanding 16. Which of the following best describes the meaning of the word challenged as used in the passage? (1) Questioned (2) Accepted (3) Attacked (4) Scared (5) None of these Ans: ( 1 ) Questioned 17. Which of the following is the most similar word as accusing as used in the passage? (1) Abusing (2) Blaming (3) Charging (4) Responding (5) Praising Ans: ( 2 ) Blaming 18. Which of the following is the expected outcome of International Conference which is in progress in Switzerland? (1) To revoke 1949 Geneva Convention (2) Impose censorship on propaganda of PA (3) To build cordial relations between Conflicting parties (4) To put a curb on Israel?s policies while treating civilians in an alien territory (5) None of these Ans: ( 3 ) To build cordial relations between Conflicting parties 19. Which of the following best explains the word vicious as used in the passage? (1) Dangerous (2) Fatal (3) Reoccurring and cyclic (4) Cyclic but not reoccurring (5) None of these Ans: ( 3 ) Reoccurring and cyclic 20. Which of the following best explains the word remote as used in the passage? (1) Far away from reality (2) Distant (3) Most likely to happen (4) Control in someone else?s hand (5) None of these Ans: ( 1 ) Far away from reality 21. Who according to the passage conferred the authority to PA? (1) Arafat (2) Israel (3) Militant groups (4) International community (5) None of these Ans: ( 4 ) International community 22. Which of the following can restore the degenerating authority of the PA? A. Arresting the expansion of Jewish settlements B. Easening the economic blockade of Palestinian towns (1) Only A (2) Only B (3) Either A or B (4) Both A and B together (5) Neither A or B Ans: ( 4 ) Both A and B together 23. Which of the following is the most opposite in meaning as the word shrunk as used in the passage? (1) Coming forward (2) Abdicating (3) Control (4) Expand (5) None of these Ans: ( 1 ) Coming forward 24. What may be the affect of continuous Israeli attacks? (1) It may harness a negative attitude amongst the civil Palestinians (2) It may destroy militancy from its basic roots (3) It may revitalize the weakening leadership of the PA (4) It may enhance militant activities (5) None of these Ans: ( 4 ) It may enhance militant activities 25. What dangers are being perceived by the International Community? (1) Both the nations may get destroyed if war erupts (2) The PA and Israel will never strike a deal (3) The attacks against the PA may destroy the balance of power in Palestinians (4) The militancy may spread in other countries also (5) None of these Ans: ( 3 ) The attacks against the PA may destroy the balance of power in Palestinians Directions (Qs. 26 to 35) : In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case: Whatever prosperity India enjoyed in the seventeenth century disappeared when the Mughal Empire ???(26) apart. The most immediate cause of this breakdown was the religious intolerance, which led to the open rebellion. It was to ???(27) these revolts that the bigot ruler spent ???(28) years in the field, with immense armies consuming the revenues of the country. There were, however, more deep-seated ???(29) The corruption of officials and the oppression of the masses steadily ???(30) away the empire?s life blood. For sometime, there had been a noticeable deterioration in the character of the ruling class. Wars of succession ???(31) wiped out the leading families, and new blood from central Asia was no ???(32) recruited for the higher governmental posts. Finally, the Mughal Empire was an alien regime. It continues to be so ???(33) Akbar?s policy of conciliation was abandoned, and it wore itself out trying to maintain its power ???(34) the ceaseless opposition, only now and then overt but always present, of the ???(35) citizens. 26. (1) Joined (2) Broke (3) Dashed (4) Banged (5) Became Ans: ( 2 ) Broke 27. (1) Run out (2) Crash (3) Crush (4) Cajole (5) Motivate Ans: ( 3 ) Crush 28. (1) No (2) Hardly (3) Many (4) Inexpensive (5) Most Ans: ( 3 ) Many 29. (1) Variables (2) Attributes (3) Characteristics (4) Causes (5) Affect Ans: ( 4 ) Causes 30. (1) Drained (2) Gone (3) Sucked (4) Released (5) Went Ans: ( 1 ) Drained 31. (1) Has (2) Have (3) Was (4) Did (5) Had Ans: ( 5 ) Had 32. (1) Longer (2) Pumped (3) Far (4) Candidate (5) Shorter Ans: ( 1 ) Longer 33. (1) At (2) Into (3) Over (4) After (5) Before Ans: ( 4 ) After 34. (1) Far (2) At (3) Against (4) Favouring (5) For Ans: ( 3 ) Against 35. (1) Discontented (2) Weeping (3) Ruling (4) Calm (5) Contented Ans: ( 1 ) Discontented Directions (Qs. 36 to 40) : Pick out the most effective word/phrase from the given words to fill in the blanks to make the sentences meaningfully complete: 36. Tiwari?s weill-wishers went to the extreme to _____ his business reputation. (1) Speak (2) Enhance (3) Cajole (4) Provoke (5) Advocate Ans: ( 2 ) Enhance 37. A group of junior college boys _____ the highest peak of the Shivalik range of the Himalayas. (1) Scaled (2) Walked (3) Climb up (4) Avoided (5) Won Ans: ( 1 ) Scaled 38. A special programme to raise the standard of living of the village folks has been _____ by the Government. (1) Affixed (2) Stalled (3) Glued (4) Launched (5) Propose Ans: ( 4 ) Launched 39. A herd of elephants _____ ready to attack the lion. (1) Were (2) Is (3) Was (4) Are (5) Has been Ans: ( 2 ) Is 40. It is not possible this year to run this company with so many employees, without increasing the _____ of deficit. (1) Loss (2) Altitude (3) Gain (4) Magnitude (5) Extend Ans: ( 4 ) Magnitude RBI Grade B Officers Exam July 2004 solved previous Question Paper 1. In economic field, very often, the term ?Price Index? is used. If the Price Index in May 1985 was 355, then what does it mean? A) The prices on the average were more than three and a half times as much. B) The prices were 255 per cent higher than what they were in 1970-71 (the earlier base year). C) As compared to the earlier base year, May 1985 was full of various commodities and the supply was 300 times better than the earlier years. Which of these statements is/are true ? (1) Only A (2) Only B (3) Only C (4) Only A & B (5) None of these Ans: ( 2 ) Only B 2. Various measures are used by the State to control the inflation. These can be A) Price control B) Monetary measures C) Fiscal measures Which of these is/are known as the suppressed inflation ? (1) Only A (2) Only B (3) Only C (4) A & B both (5) None of these Ans: ( 4 ) A & B both 3. The High Court of which of the following States set aside the decision of the State Government to overturn the creation of nine districts and four commissioner divisions (created by the earlier Government) ? (1) Rajasthan (2) Orissa (3) Himachal Pradesh (4) Tamil Nadu (5) Uttar Pradesh Ans: ( 2 ) Orissa 4. The Government of India recently issued norms for Indian Depository Receipts (IDRs). Which of the following is NOT TRUE in this regard ? (1) The companies would have a pre-issue paid up capital and free reserves of at least 500 million US $. (2) Average turnover of the company should be 500 million US $. (3) The norm of average turnover of 500 million US $ should be during the three preceding years of financial performance. (4) The company should have declared a dividend of not less than 10% during the last five years. (5) All such companies need prior nod of SEBI. Ans: ( 4 ) The company should have declared a dividend of not less than 10% during the last five years. 5. Who among the following has issued various accounting standards to be followed by the various companies in India? (1) Registrar of Companies (2) Ministry of Finance, Government of India (3) Accounting Standards Board of ICAI (4) Indian Bureau of Standards (5) World Trade Organisation (WTO) Ans: ( 4 ) Indian Bureau of Standards 6. How much amount an individual resident can now borrow from the close relatives residing outside India (As per new RBI norms)? (1) US $ 100000 only or its equivalent (2) US $ 150000 only or its equivalent (3) US $ 200000 only or its equivalent (4) US $ 250000 only or its equivalent (5) None of these Ans: ( 3 ) US $ 200000 only or its equivalent 7. Growth of credit in agriculture, despite its priority sector status, has remained a persistent problem in the economy. According to the RBI, domestic banks must allocate what percent of their advances to the agricultural sector (including direct and indirect finances)? (1) 8% (2) 12% (3) 15% (4) 18% (5) None of these Ans: ( 5 ) None of these 8. In July 2003, the banks were asked to reduce their lending rate to agricultural credit to he extent of ? (for loans below Rs. 50,000). (1) 6.5% (2) 7.5% (3) 9% (4) 10% (5) None of these Ans: ( 1 ) 6.5% 9. In the financial transaction of the Government, we often hear a term ?Deficit Financing?. Deficit Financing is A) Practised whenever Government expenditure exceeds the receipts from the public. B) That part of the Government expenditure which is met by drawing down the cash balance of the Government held in RBI or in State treasuries. C) That part of the Government expenditure which is required to be compensated by printing new notes/supply of fresh currency notes in the market. Which of these statements is/are correct? (1) Only A (2) Only A & B (3) Only C (4) Only B (5) None of these Ans: ( 3 ) Only C 10. In commercial and trade world, very often, we hear a term ?Free Trade?. What does it really mean? A) It means no restriction on the movement of goods between two countries or a group of countries. B) It means no custom duty or any other tax or duty on the goods supplied to each other by the countries. C) It means exchange of goods between the countries to overcome shortage of particular type of goods. D) It means a particular nation is allowed to sell its goods all over the world without any restriction on the quantity. Which of these statements is/are correct? (1) Only A (2) Only B & C (3) Only C & D (4) Only C & A (5) Only D Ans: ( 2 ) Only B & C 11. Which of the following statements is/are correct pertaining to the problems with agricultural credit? A) Private sector banks are not given any target of agricultural lending. Hence, they do not lend anything to farmers. B) Majority of farmers are not able to afford the cost of borrowing or not able to guarantee their loan from the banks. C) Most of the Co-operative Banks are defunct. Hence, they are not lending to the farmers. Which of these statements is/are true? (1) Only A (2) Only B (3) Only A & B (4) Only C (5) Only B & C Ans: ( 1 ) Only A 12. India?s population is likely to reach at which level during 2026 A.D. ? (1) 1 billion (2) 1.2 billion (3) 1.4 billion (4) 1.6 billion (5) None of these Ans: ( 1 ) 1 billion 13. The Rural Infrastructure Development Fund (RIDF) is established with ? (1) NABARD (2) RBI (3) SBI (4) ICICI Bank (5) None of these Ans: ( 3 ) SBI 14. Why was the name of B.K. Chaturvedi recently in the news? (1) He has taken over as the India?s High Commissioner to U.K. (2) He will be the new Cabinet Secretary in the Union Government. (3) He will be the new Deputy Speaker of the Lok Sabha (4) He will be our permanent representative in the UNO (5) None of these Ans: ( 4 ) He will be our permanent representative in the UNO 15. India is set to have a revised or new series of the Index of Wholesale Price (WPI) very soon, as the base year will now be (1) 1990-91 (2) 1985-86 (3) 1989-90 (4) 1993-94 (5) None of these Ans: ( 2 ) 1985-86 16. The farm income insurance scheme announced by the Union Government is presently being run in how many districts ? (1) 20 (2) 50 (3) 100 (4) 150 (5) None of these Ans: ( 1 ) 20 17. As per the reports of the Census 2001, the Prime reason for male migration to urban areas has been employment and business. But what has been the reason of migration of the young females to urban areas ? A) Marriage B) Educational Purposes C) Job Opportunities Which of these is/are the correct reasons(s)? (1) Only A (2) Only B (3) Only C (4) Only A & B (5) None of these Ans: ( 3 ) Only C 18. As per the migratory trend seen in the recent past, the outflow of people from which of the following States is the maximum ? (1) Uttar Pradesh (2) Bihar (3) Madhya Pradesh (4) Kerala (5) None of these Ans: ( 1 ) Uttar Pradesh 19. Which of the following is likely to convert itself into a bank ? (1) SIDBI (2) ECGC (3) IDFC (4) SEBI (5) None of these Ans: ( 1 ) SIDBI 20. As per the census 2001, the number of million plus cities in India is (1) 20 (2) 24 (3) 35 (4) 42 (5) 52 Ans: ( 2 ) 24 21. As per the reports from the Ministry of Health and Family Welfare, the three important causes of mortality in India are (1) Tuberculosis, Typhoid and Malaria (2) Malaria, Polio, Cancer (3) Cancer, Heart ailments, Polio (4) Polio, Malaria, Heart ailments (5) None of these Ans: ( 4 ) Polio, Malaria, Heart ailments 22. As per the recent decision taken by the Government of India, now the students after passing which of the following examinations are not required to have a stamp ?Emigration check required? on their passports? (1) MBA from IIMs or any other university (2) B.E. or B.Tech. degree (3) Class XII (4) Medical degree in Ayurved System (5) None of these Ans: ( 4 ) Medical degree in Ayurved System 23. About 35 multistate Co-operative Banks are likely to come under the Banking Regulation Act as the Government is going to issue an ordinance to that effect in days to come. It was required to be done as A) Co-operative Banks are in bad shape and their restructuring is very much needed. B) RBI recommended that Government should issue an ordinance to this effect. C) The Supreme Court of India has issued an order which says that RBI does not have authority to issue licences to multistate Co-operative Banks. Which of these statements is/are true? (1) Only A (2) Only B (3) Only C (4) Only A & C (5) None of these Ans: ( 5 ) None of these 24. Which of the following schemes/programmes is/are now part of the ?Swarna Jayanti Shahari Rojgar Yozana? (SJSRY) ? A) Nehru Rozgar Yojana (NRY) B) Urban Basic Service for the Poor (UBSP) C) Prime Minister?s Integrated Urban Poverty Eradication Programme (PMIUPEP) D) India Mahila Yojana Choose the correct alternative : (1) Only A (2) Only A & B (3) Only A & D (4) Only D (5) Only A, B & C Ans: ( 5 ) Only A, B & C 25. Which of the following is the aim of the ?Jan Shree Bima Yojana? of the Union Government launched in 2000? (1) To provide food security to the rural poor. (2) To provide Insurance Security to the people living below poverty line (3) To provide Insurance cover to the women (4) To provide Insurance cover to the children whose parents died in the earthquake in Bhuj a few years back (5) None of these Ans: ( 5 ) None of these 26. Which of the following is the objective of the International Monetary Fund (IMF) ? A) To minimize imbalances in quantum and duration of the international trade. B) To provide subsidy to the third world countries so that they may complete with developed nations. C) To ensure exchange rate stability. Which of these objectives is correct ? (1) Only A (2) Only A & B (3) Only B (4) Only A & C (5) None of these Ans: ( 1 ) Only A 27. The performance of Public Sector Banks during the year 2003-04 has been A) Slightly lower than during 2002-03 B) Much better than the year 2002-03 for all PSBs C) Same as it was in the year 2002-03 D) Slightly better for some banks like SBI and its Associates. (1) Only A (2) Only B (3) Only A & D (4) Only D (5) None of these Ans: ( 5 ) None of these 28. Prime Minister Manmohan Singh recently in a meeting expressed his desire that an early and smooth Value Added Tax (VAT) is very much needed in the country. How the introduction of VAT will be helpful for a country like India? A) VAT will avoid cascading of taxes. B) VAT is expected to enhance revenues in the medium term. C) Some State Governments may have to lose a substantial amount of Sales Tax as the Centre will have a greater share in taxes, but the same will be compensated later on by providing subsidies on certain items. Which of these statements is/are true? (1) Only A (2) Only B (3) Only A & B (4) Only C (5) A, B and C Ans: ( 1 ) Only A 29. Which of the following statements(s) is/are true about the Member of Parliament Local Area Development Scheme (MPLADS) ? A) The scheme was introduced in the year 1977. B) Under the scheme, every MP can spend Rs. 2 crore every year on some developmental activity in his/her area. C) Around 6.8 lakh works were recommended by the MPs during the past years out of which about 4.5 lakh were completed by the year 2002. (1) Only A (2) Only A & B (3) Only B (4) Only B & C (5) None of these Ans: ( 3 ) Only B 30. According to the World Trade Organisation (WTO), Anti Dumping measures can be imposed by a country in which of the following situations ? A) When hazardous nuclear and radioactive waste is dumped in the sea or coastal area of a country by some other nation. B) When some products that have been dumped in the market in such a way that they cause material injury to domestic industry. C) When some substandard agricultural products are dispatched to a country to meet the balance of payment requirements. (1) Only A (2) Only C (3) Only B (4) Only A & B (5) Only B & C Ans: ( 5 ) Only B & C 31. Which of the following is the one major function of the finance Commission set up by the Union Government once every five years ? A) To determine the share of the States and the Centre out of the Tax receipts. B) To determine the minimum support prices of all major agricultural commodities. C) To introduce the new taxes to be levied by the State and the Union governments. (1) Only A & B (2) Only B & C (3) Only B (4) Only C (5) Only A Ans: ( 5 ) Only A 32. Which of the following States is adjudged superior to most State in India in human development? (1) Tamil Nadu (2) Gujarat (3) Maharashtra (4) Karnataka (5) None of these Ans: ( 5 ) None of these 33. Which of the following statement(s) about industrial output of India during the recent past is/are true (in last few months)? A) Industrial output surges 9.4%. B) Food production was increased by 15%. C) Manufacturing growth was 3.33%. (1) Only A (2) Only B (3) Only C (4) Only A & B (5) Only B & C Ans: ( 3 ) Only C 34. What are the objectives of the Task Force, out of A, B, C and D given below, set up to suggest the modalities for the implementation of interlinking of rivers? A) To augment irrigation potential. B) To fulfill the growing need of water. C) To generate additional power. D) To facilitate transportation in the country through inland waterways. (1) Only A & B (2) Only B & C (3) Only C & D (4) Only D & A (5) All A, B, C & D Ans: ( 5 ) All A, B, C & D 35. Which of the following statement(s) about India?s forex kitty is/are true? A) India?s forex kitty grows fastest in the world. B) India?s forex reserves registered a 169% growth during two and a half years period ended in April 04. C) India?s forex reserves growth established a huge lead over the economics of the countries like U.K., USA and Japan. (1) Only A (2) Only B (3) Only C (4) Only A & B (5) All the three Ans: ( 1 ) Only A 36. Which of the following correctly defines what National Income means ? A) It is the total earning of the employees of the Central Government, all the State governments, all MLAs, MPs and Ministers, etc. put together. B) It is aggregate factor income which arises from the current production of goods and services by the economy of a country. C) It is the total value of the goods produced in various production centers run by the State and Union Governments. (1) Only A (2) Only B (3) Only C (4) Only B & C (5) None of these Ans: ( 5 ) None of these 37. The increase in the world population has been accompanied by a major shift in its distribution. The share of the developed countries in the world population is approximately. (1) 15% (2) 20% (3) 25% (4) 33% (5) 38% Ans: ( 4 ) 33% 38. Which of the following statements is/are true? A) A substantial part of the population of the South Asian countries do not have access to the safe drinking water. B) The pattern of water consumption in the region is about 95% in agriculture and remaining 5% in industries. No water for domestic use. C) The time is such that almost one out of the four hospital beds is occupied by a patient who is ill because of water pollution. (1) A & C only (2) Only A (3) Only C (4) Only A & B (5) A, B & C Ans: ( 2 ) Only A 39. Which of the following is not the short name of a programme designed for the employment generation? (1) EAS (2) PMIUPEP (3) TRYSEM (4) CAPART (5) SJGSY Ans: ( 1 ) EAS 40. Which of the following is NOT a part of the Annapurna Yojana? A) Every family will be provided 10 kg of food grains if they are a family identified as living below poverty line. B) All those who were getting pension as Senior Citizens are covered under the Scheme. C) Only women are covered under this scheme. (1) Only a (2) Only B (3) Only A & B (4) Only C (5) All A, B & C Ans: ( 5 ) All A, B & C 41. The RBI announces Credit Policy twice in a year. What is the significance of the Credit Policy. Which of the following is/are the CORRECT statement(s) in this regard? A) It is a measure to influence the amount of money and credit in Indian economy. B) Credit Policy is a control on the rate of interest offered by the Banks on their products. C) It is an indication to the market that how they can plan their production decisions. D) It is the green signal to the Union Government that they can plan their budget and introduce new taxes if they so desire. (1) Only A (2) Only A & B (3) Only B & C (4) Only A, B & C (5) None of these Ans: ( 4 ) Only A, B & C 42. The RBI has four chief weapons to control or maintain desired equilibrium in the economy of the country. Which of the following is NOT one of them? (1) Open market operations (2) Reserve requirement (banks have to keep a part of deposits in reserve) (3) Repo rate (4) Bank rate (5) Introducing new taxes/levies, etc. Ans: ( 3 ) Repo rate 43. The Government of India is seriously thinking to repeal which of the following acts? (1) FERA (2) FEMA (3) Rent Control Act (4) POTA (5) None of these Ans: ( 4 ) POTA 44. Which of the following statements is/are correct in respect of the exports of jewellery from India (Pick up correct statements)? A) Last year, the export of gems and jewellery from India reached at a level of US $ 10 billion for the first time. B) India got top position in exports market of gems and jewellery because of higher unit value realization for cut and polished diamonds in which India dominates. C) China & South Africa are the India?s two major competitors in the field of exports of gems and jewellery. (1) Only A & B (2) Only B (3) Only B & C (4) Only C (5) Only A & B Ans: ( 4 ) Only C 45. Approximately, what percent of the total oil production of the world is produced by OPEC nations ? (1) 33% (2) 45% (3) 50% (4) 65% (5) 75% Ans: ( 4 ) 65% 46. Which of the following countries announced that it will help Pakistan to build a nuclear power plant ? (1) S. Korea (2) China (3) Russia (4) France (5) None of these Ans: ( 1 ) S. Korea 47. Noise pollution is measured in (1) Microns (2) Nautical miles (3) Ohms (4) Amperes (5) Decibels Ans: ( 5 ) Decibels 48. The reservation of seats for SCs and STs in the Parliament is extended for a period of how many years after 2000? (1) 5 years (2) 6 years (3) 8 years (4) 10 years (5) None of these Ans: ( 4 ) 10 years 49. Which of the following non-trade issues has taken a dominance in WTO agenda? (1) Patents (2) Genetically-modified crops (3) Free trade (4) Environment (5) None of these Ans: ( 5 ) None of these 50. Which of the following cities is famous for trading of diamonds in India? (1) Jaipur (2) Surat (3) Mumbai (4) Bangalore (5) None of these Ans: ( 5 ) None of these General Awareness 1. In economic field, very often, the term ?Price Index? is used. If the Price Index in May 1985 was 355, then what does it mean? A) The prices on the average were more than three and a half times as much. B) The prices were 255 per cent higher than what they were in 1970-71 (the earlier base year). C) As compared to the earlier base year, May 1985 was full of various commodities and the supply was 300 times better than the earlier years. Which of these statements is/are true ? (1) Only A (2) Only B (3) Only C (4) Only A & B (5) None of these Ans: ( 2 ) Only B 2. Various measures are used by the State to control the inflation. These can be A) Price control B) Monetary measures C) Fiscal measures Which of these is/are known as the suppressed inflation ? (1) Only A (2) Only B (3) Only C (4) A & B both (5) None of these Ans: ( 4 ) A & B both 3. The High Court of which of the following States set aside the decision of the State Government to overturn the creation of nine districts and four commissioner divisions (created by the earlier Government) ? (1) Rajasthan (2) Orissa (3) Himachal Pradesh (4) Tamil Nadu (5) Uttar Pradesh Ans: ( 2 ) Orissa 4. The Government of India recently issued norms for Indian Depository Receipts (IDRs). Which of the following is NOT TRUE in this regard ? (1) The companies would have a pre-issue paid up capital and free reserves of at least 500 million US $. (2) Average turnover of the company should be 500 million US $. (3) The norm of average turnover of 500 million US $ should be during the three preceding years of financial performance. (4) The company should have declared a dividend of not less than 10% during the last five years. (5) All such companies need prior nod of SEBI. Ans: ( 4 ) The company should have declared a dividend of not less than 10% during the last five years. |
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