Economic and Social Issues (ESI) for RBI Grade B 2019- Set 1
Phase 2 of the RBI Grade B 2019 exam is scheduled to be held on December 01, 2019. Economic and Social Issues (ESI) is one of the three subjects that will be asked in phase 2 of RBI Grade B. The marks of ESI paper is 100 and the time limit is 90 minutes. To help the RBI Grade B aspirants in preparation and revision of ESI we have come up with some free mock test for the same. So attempt these ESI mock test for RBI Grade B now.
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ESIC 1
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Question 1 of 10
1. Question
As per the Harrod Domar Model of economic growth the economic growth rates depends on how many things?
Correct
Two things- Level of savings and Capital output ratio.
Incorrect
Two things- Level of savings and Capital output ratio.
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Question 2 of 10
2. Question
Who is the head of the committee formed by Central Works Public Department (CPWD) to Chart Out Design Policy?
Correct
The Central Works Public Department (CPWD) has constituted an expert committee to formulate a design policy for building construction and infrastructure development. The committee has been set up under the chairmanship of CPWD’s Additional Director General M K Sharma.
Incorrect
The Central Works Public Department (CPWD) has constituted an expert committee to formulate a design policy for building construction and infrastructure development. The committee has been set up under the chairmanship of CPWD’s Additional Director General M K Sharma.
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Question 3 of 10
3. Question
Which bank has launched India’s first ‘Green Car Loan’?
Correct
State Bank of India (SBI) has launched India’s first ‘Green Car Loan’ (Electric Vehicle) to encourage customers to buy electric vehicles. The new scheme ‘Green Car Loan’ will offer the loan at 20 basis points lower than the interest rate on the existing car loan schemes.
Incorrect
State Bank of India (SBI) has launched India’s first ‘Green Car Loan’ (Electric Vehicle) to encourage customers to buy electric vehicles. The new scheme ‘Green Car Loan’ will offer the loan at 20 basis points lower than the interest rate on the existing car loan schemes.
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Question 4 of 10
4. Question
The Reserve Bank of India had divested its 100% shareholding in NHB for what amount?
Correct
RBI had 100% shareholding in NHB, which was divested for INR 1,450 crore
Incorrect
RBI had 100% shareholding in NHB, which was divested for INR 1,450 crore
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Question 5 of 10
5. Question
What is India’s rank in the World Press Freedom Index 2019?
Correct
India ranked 140th out of 180 countries in the World Press Freedom Index 2019, released by Reporters Without Borders. The index is topped by Norway.
Incorrect
India ranked 140th out of 180 countries in the World Press Freedom Index 2019, released by Reporters Without Borders. The index is topped by Norway.
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Question 6 of 10
6. Question
As per a report by the United Nations Population Fund (UNPFA) India’s population grew at what average annual rate between 2010 and 2019
Correct
1.2%
Incorrect
1.2%
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Question 7 of 10
7. Question
As per the World Bank report, India was the Highest Recipient of Remittances in 2018. What amount of money was remitted back to India in 2018?
Correct
As per the World Bank Report, India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion back home in 2018. India was followed by China (USD 67 billion).
Incorrect
As per the World Bank Report, India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion back home in 2018. India was followed by China (USD 67 billion).
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Question 8 of 10
8. Question
In which year was the Ways and Means Advances (WMA) scheme introduced by the Reserve Bank of India?
Correct
WMA is the temporary loan facility provided by the RBI to the center and state governments. • The WMA scheme was introduced in 1997 to meet any temporary mismatches in the receipts and payments of the government.
Incorrect
WMA is the temporary loan facility provided by the RBI to the center and state governments. • The WMA scheme was introduced in 1997 to meet any temporary mismatches in the receipts and payments of the government.
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Question 9 of 10
9. Question
As per the Safe Cities Index (SCI) 2019 by Economist Intelligence Unit, which of the following is the safest city in India?
Correct
Mumbai at 45th spot and Delhi at 52nd in World Safe Cities Index 2019
Incorrect
Mumbai at 45th spot and Delhi at 52nd in World Safe Cities Index 2019
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Question 10 of 10
10. Question
Ministry of Electronics and Information Technology has signed a statement of intent with which organisation to roll-out ‘Build for Digital India ‘?
Correct
Google and the Ministry of Electronics and Information Technology have signed a statement of intent to roll-out ‘Build for Digital India ‘. It is a programme which will provide engineering students a platform to develop market-ready, technology-based solutions that address key social problems.
Incorrect
Google and the Ministry of Electronics and Information Technology have signed a statement of intent to roll-out ‘Build for Digital India ‘. It is a programme which will provide engineering students a platform to develop market-ready, technology-based solutions that address key social problems.
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