Economic and Social Issues (ESI) for RBI Grade B 2019- Set 3
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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ESI 3
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Question 1 of 10
1. Question
India’s first international women’s trade centre (iWTC) will come up in which state?
Correct
Kerala will set up India’s first international women’s trade centre (iWTC), in consonance with the United Nations sustainable development goals (SDGs) in Kozhikode.
Incorrect
Kerala will set up India’s first international women’s trade centre (iWTC), in consonance with the United Nations sustainable development goals (SDGs) in Kozhikode.
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Question 2 of 10
2. Question
Asian Development Bank (ADB) has signed what amount of loan agreement with India to upgrade rural roads in 34 districts of Maharashtra and to improve road safety?
Correct
India and Asian Development Bank (ADB) has signed 200-million-dollar loan agreement. • Under the agreement, they will upgrade rural roads in 34 districts of Maharashtra to improve road safety.
Incorrect
India and Asian Development Bank (ADB) has signed 200-million-dollar loan agreement. • Under the agreement, they will upgrade rural roads in 34 districts of Maharashtra to improve road safety.
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Question 3 of 10
3. Question
What amount of assistance has the Wolrd Bank sanctioned to finance mini and mega food parks across India?
Correct
The World Bank will provide Rs 3,000 crore assistance to finance mini and mega food parks across India. • The announcement was made by Union Minister of State for Food Processing Industries during the 15th Indo-US Economic Summit
Incorrect
The World Bank will provide Rs 3,000 crore assistance to finance mini and mega food parks across India. • The announcement was made by Union Minister of State for Food Processing Industries during the 15th Indo-US Economic Summit
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Question 4 of 10
4. Question
What percent of the principal amount and interest will be covered through insurance under the NIRVIK Scheme of ECGC?
Correct
The Niryat Rin Vikash Yojana has been launched to enhance loan availability to exporters and to ease the lending process. Under the new scheme NIRVIK, up to 90 per cent of the principal amount and interest will be covered through insurance.
Incorrect
The Niryat Rin Vikash Yojana has been launched to enhance loan availability to exporters and to ease the lending process. Under the new scheme NIRVIK, up to 90 per cent of the principal amount and interest will be covered through insurance.
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Question 5 of 10
5. Question
Which continent hosts the largest number of international migrants as per the International Migrant Stock 2019 of the UN Department of Economic and Social Affairs (DESA)?
Correct
Europe hosted the largest number of international migrants (82 million), followed by Northern America (59 million) and Northern Africa and Western Asia (49 million).
Incorrect
Europe hosted the largest number of international migrants (82 million), followed by Northern America (59 million) and Northern Africa and Western Asia (49 million).
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Question 6 of 10
6. Question
Which bank had recently launched the “Bharosa savings account” services?
Correct
Airtel Payments Bank launched “Bharosa savings account” services, designed for deepening the financial inclusion in the country. This service enables customers to withdraw cash, check their balance or access a mini statement of their account at over 6,50,000 Aadhaar-enabled payment system (AePS) enabled outlets across India.
Incorrect
Airtel Payments Bank launched “Bharosa savings account” services, designed for deepening the financial inclusion in the country. This service enables customers to withdraw cash, check their balance or access a mini statement of their account at over 6,50,000 Aadhaar-enabled payment system (AePS) enabled outlets across India.
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Question 7 of 10
7. Question
Punjab & Maharashtra Co-operative Bank is a type of ________________
Correct
Punjab & Maharashtra Co-operative Bank Limited also known as PMC Bank, is a Multi-State Co-operative Bank that began operations in 1983
Incorrect
Punjab & Maharashtra Co-operative Bank Limited also known as PMC Bank, is a Multi-State Co-operative Bank that began operations in 1983
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Question 8 of 10
8. Question
Which state has launched the “Aponar Apon Ghar” Scheme to provide financial assistance on purchase or construction of the first house for a family?
Correct
The Assam Government has launched a housing loan subsidy scheme “Aponar Apon Ghar”. The scheme was launched to provide financial assistance on purchase or construction of the first house for a family. • The subsidy of up to Rs 250000 will be provided for loan amounts from Rs 5,00,000 to Rs 40,00,000. The above scheme is meant for the loan sanctioned in this financial year. The initiative is expected to provide impetus to the economy and led to the expansion of real estate in the state.
Incorrect
The Assam Government has launched a housing loan subsidy scheme “Aponar Apon Ghar”. The scheme was launched to provide financial assistance on purchase or construction of the first house for a family. • The subsidy of up to Rs 250000 will be provided for loan amounts from Rs 5,00,000 to Rs 40,00,000. The above scheme is meant for the loan sanctioned in this financial year. The initiative is expected to provide impetus to the economy and led to the expansion of real estate in the state.
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Question 9 of 10
9. Question
Which of the following firm has received the United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category?
Correct
Infosys
Incorrect
Infosys
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Question 10 of 10
10. Question
What is India’s rank in the IMD World Digital Competitiveness Ranking 2019?
Correct
India was ranked 44th in the IMD World Digital Competitiveness Ranking 2019 produced by the IMD World Competitiveness Center. The US was ranked as the world’s most digitally competitive economy, followed by Singapore in the second place.
Incorrect
India was ranked 44th in the IMD World Digital Competitiveness Ranking 2019 produced by the IMD World Competitiveness Center. The US was ranked as the world’s most digitally competitive economy, followed by Singapore in the second place.
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