Explore the knowledge: Reserve Bank of India Grade ‘B’ exam

Reserve Bank of India Grade ‘B’ Officers Exam. 2011 Solved Paper

General Awareness

1. What role do Micro, Small and Medium Enterprises (MSMEs) play in a country’s economic and industrial development ?

1. They have the capacity to absorb skilled and unskilled labour available in the country.

2. Such institutions help in distribution of income in a wide spectrum and do not allow it to get concentrated in few hands or in few areas.

3. They help in eradication of poverty by providing selfemployment opportunities.

(A) Only 1

(B) Only 2

(D) Only 1 and 3

(E) All 1, 2 and 3

Ans : (E)

2. Which of the following statements about the Indian Economy is correct ?

(A) Indian economy is as developed as that of China

(B) About 70% Indians are involved in some type of selfemployment and are the owners of some or the other micro or small enterprise

(D) About 48% Indian workforce is employed in foreign countries or in organizations assisted by foreign capital

(E) None of these

Ans : (C)

3. Which of the following is/are correct about the problems of Indian Agriculture ?

1. Large agricultural subsidies are hampering productivity—enhancing investments.

2. Irrigation infrastructure is in bad shape and needs immediate improvement.

3. Frequent takeovers of fertile land by private companies and multinationals to launch big business complexes.

(A) Only 1

(B) Only 1 and 2

(D) All 1, 2 and 3

(E) None of these

Ans : (D)

4. 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 ?

(A) 10%

(B) 15%

(D) 24%

(E) 30%

Ans : (C)

5. Which of the following statements about Agro and Allied activities is not correct ?

(A) Farmers do not get adequate credit for purchase of cattle

(B) There is a need to improve breed and genetic characteristics of the cattle folk

(D) India is the 10th largest producer of medicinal and aromatic plants. But the products are not of commercial value

(E) Animal husbandry plays an important role in providing sustainability under Rain fed conditions

Ans : (C)

6. Which of the following schemes launched by the Govt. of India aims at enhancing the livelihood security of the people in rural areas by guaranteeing hundred days of employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work ?

(A) TRYSEM

(B) Pradhan Mantri Gram Sadak Yojana

(D) ASHA

(E) MGNREGA

Ans : (E)

7. In some parts of India, farmers face acute distress because of heavy burden of debt from noninstitutional lenders. Who can be called a non-institutional lender ?

(A) Small Banks

(B) Grameen Banks

(D) Micro Finance Institutions

(E) Money Lenders

Ans : (E)

8. The South Asian Free Trade Agreement (SAFTA) was introduced with a view of levying how much custom duty for trading any product within the SAARC zone ?

(A) 5%

(B) 4%

(D) 1%

(E) No custom duty

Ans : (E)

9. Which of the following organisation prepares rural credit plans on annual basis for all districts in India, which in turn from the base for annual credit plans of all rural financial institutions ?

(A) SIDBI

(B) NABARD

(D) Indian Bank’s Association

(E) CII

Ans : (B)

10. Which of the following is TRUE about the current population trend(s) in India ?

1. Every year India adds more people to the world’s population than any other country.

2. Currently India has a young population which will grow somewhat older largely as a result of decline in fertility.

3. The National Family Planning Programme did not contribute much in controlling fertility rate

(A) Only 1

(B) Only 2

(D) Only 1 and 2

(E) All 1, 2 and 3

Ans : (D)

11. In economic terms, which of the following factors determine the ‘Individual’s demand’ of a product/commodity ?

1. Price of a commodity.

2. Income of the individual.

3. Utility and quality of a commodity.

(A) Only 1

(B) Only 2

(D) Only 1 and 3

(E) All 1, 2 and 3

Ans : (E)

12. Which of the following terms is used in the field of economics ?

(A) Adiabatic

(B) Bohr Theory

(D) Barter System

(E) Viscosity

Ans : (D)

13. “Pascal Lamy calls on trade negotiators to move out of their comfort zones towards agreements”, was the headline in some major newspapers. This news is associated with which of the following organizations/agencies ?

(A) World Trade Organization

(B) International Monetary Fund

(D) United Nations Organisations

(E) North Atlantic Treaty Organisation

Ans : (A)

14. Which of the following is not a function of the Planning Commission of India ?

(A) Assessment of the material, capital and human resources of the country

(B) Formulation of plans for the most effective and balanced utilization of country’s resources

(D) Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans

(E) Determination of stages in which the plan should be carried out

Ans : (D)

15. Which of the following periods represents the period of the first Five Year Plan in India ?

(A) 1948 – 53

(B) 1947 – 52

(D) 1950 – 55

(E) 1951 – 56

Ans : (E)

16. Which of the following is the name of the process available to common people to seek court’s intervention in matters of public interest ?

(A) Public Interest Litigation (PIL)

(B) Habeas Corpus

(D) Residuary power

(E) None of these

Ans : (A)

17. India’s foreign policy is based on several principles, one of which is—

(A) Panchsheel

(B) Satyamev Jayate

(D) Vasudhaiv Kutumbkam

(E) None of these

Ans : (A)

18. As we know thousands of tonnes of foodgrain was washed away in the floods in Haryana and Punjab a few months back. This incident is an example which indicates that there is a scope for improvement in our machinery controlling our—

(A) Mid Day Meal Scheme

(B) Public Distribution System

(D) Village Grain Bank Scheme

(E) Operation Flood Scheme

Ans : (B)

19. 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 byproduct of the visit of Obama ?

1. Energy sector and 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.

(A) Only 1

(B) Only 2

(D) Only 2 and 3

(E) Only 1 and 2

Ans : (A)

20. Many times we read a term ‘Tax Haven’ in various newspapers. 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 without any problem.

3. It is a place where foreigners can work without paying any tax on their income.

(A) Only 1 and 2

(B) Only 2

(D) Only 1

(E) All 1, 2 and 3

Ans : (E)

21. As per existing law, what is the minimum per day wages paid to a worker from unorganised sector in India ?

(A) 50

(B) 75

(D) 125

(E) No such law is there

Ans : (C)

22. Who amongst the following was awarded the “Indira Gandhi Peace Prize” for 2010 ?

(A) Ronald Noble

(B) Luiz Inacio Lula D’Silva

(D) Aung San Su Kyi

(E) None of these

Ans : (B)

23. Which of the following is not a Poverty Eradication Programme launched by the Govt. of India ?

(A) Swarnjayanti Gram Swarozgar Yojana

(B) Jawahar Gram Samridhi Yojana

(D) ADHAR

(E) National Family Benefit Scheme

Ans : (D)

24. According to the World Bank estimate about 40% Indians are living below International Poverty line of US $ —

(A) 1 per day

(B) 1•25 per day

(D) 2•5 per day

(E) 3 per day

Ans : (B)

25. The 10th Trilateral Ministerial Meeting of RIC group was organized in November 2010. Who are the members of the RIC ?

(A) Russia—Iran—China

(B) Russia—India—China

(D) Romania—Israel—Chile

(E) Russia—India—Croatia

Ans : (B)

26. India and Syria recently decided to double their trade in next 2 years. Indian Govt. has decided to export which of the following commodities to Syria ?

(A) Natural gas

(B) Milk

(D) Wheat

(E) All of these

Ans : (E)

27. India has sanctioned a 26 million grant to which of the following countries for development of tube wells ?

(A) Myanmar

(B) Bangladesh

(D) Pakistan

(E) Sri Lanka

Ans : (C)

28. Which of the following is the name of the scheme launched by the Govt. of India for adolescent girls ? (Launched in November 2010)

(A) Swawlamban

(B) SABALA

(D) ASHA

(E) None of these

Ans : (B)

29. Many times we see in financial journals/bulletins a term M3. What is M3 ?

(A) Currency in circulation on a particular day

(B) Total value of the foreign exchange on a particular day

(D) Total value of the tax collected in a year

(E) None of these

Ans : (E)

30. As per news in various newspapers, Govt. has allocated a huge sum of 31,000 crore for ‘RTE’. What is full form of RTE ?

(A) Right of Education

(B) Reforms in Technical Education

(D) Right to Empowerment

(E) Renewable Technology for Energy

Ans : (A)

31. Which of the following is not a major function of the RBI in India ?

(A) Issuance of currency notes

(B) To facilitate external trade and payment and developing a foreign exchange market in India

(D) Taking loans/credit from World Bank/IMF and ADB etc., and reallocating it for various activities decided by the Govt. of India

(E) Formulation and monitoring the monetary and credit policy

Ans : (C)

32. The RBI has regional offices at various places. At which of the following places it does not have an office ?

(A) Kota

(B) Shimla

(D) Panaji

(E) Guwahati

Ans : (C)

33. 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 ?

(A) IMF

(B) World Bank

(D) ADB

(E) Jointly by IMF and ADB

Ans : (B)

34. The Prime Minister’s Economic Advisory Council (PMEAC) has projected that the Indian Exports will grow by what percentage during 2010-11 ?

(A) 15%

(B) 18%

(D) 24%

(E) 28%

Ans : (B)

35. Which of the following organisations/agencies has given the estimate that the India will be third largest FDI recipient in 2010–12 ?

(A) UNCTAD

(B) WTO

(D) IMF

(E) None of these

Ans : (A)

36. The performance of which of the following industries is considered performance of a core industry ?

(A) Garments

(B) Leather

(D) Oil and Petroleum

(E) Handicrafts

Ans : (D)

37. Who amongst the following is not a recipient of Nobel Prize in economics ?

(A) Peter A. Diamond

(B) Dale T. Mortensen

(D) Paul Krugman

(E) Robert G. Edwards

Ans : (E)

38. Basel Committee has given its recommendations on which of the following aspects of banking operations ?

(A) Marketing of bank products

(B) Priority sector lending

(D) Micro financing

(E) All of these

Ans : (C)

39. Which of the following is the rank of India in Human Development Report 2010 prepared by the UNO ?

(A) 99

(B) 100

(D) 119

(E) None of these

Ans : (D)

40. Which of the following was/where the key objectives of the RBI’s review of Monetary and Credit Policy 2010-11 which was reviewed 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.

(A) Only 1

(B) Only 2

(D) All 1, 2 and 3

(E) None of these

Ans : (A)

41. PIIGS is the group of nations falling under—

(A) Euro zone

(B) Asia Pacific

(D) NATO

(E) Commonwealth

Ans : (A)

42. Which of the following is/are the preconditions, the IMF has put to provide bail out package to Ireland ?

1. It should gradually lower down unemployment benefits.

2. It should bring down the minimum wages in order to boost employment.

3. It should import some of the crucial commodities from non euro countries as an immediate measure to improve shortage of the same.

(A) Only 1 and 2

(B) Only 2 and 3

(D) Only 1

(E) All 1, 2 and 3

Ans : (B)

43. India is self-sufficient in production of which of the following commodities ?

(A) Edible oil

(B) Milk

(D) Natural gas

(E) All of these

Ans : (B)

44. Which of the following is used as a fuel in Nuclear power stations in India ?

(A) Thorium

(B) Copper

(D) Chromium

(E) All of these

Ans : (A)

45. Which of the following States has taken up the job of improving Dams with the help of the World Bank’s Dam Rehabilitation and Improvement project ?

(A) Kerala

(B) Gujarat

(D) Uttar Pradesh

(E) Guwahati

Ans : (A)

46. Nitish Kumar led National Democratic Alliance won how many seats in recently held assembly elections in Bihar ?

(A) 150

(B) 243

(D) 206

(E) None of these

Ans : (D)

47. Who amongst the following is the author of the book “Development as Freedom” ?

(A) M. S. Swaminathan

(B) C. Rangarajan

(D) Y. V. Reddy

(E) Amartya Sen

Ans : (E)

48. Which of the following terms is used in Finance and Banking ?

(A) Line of Sight

(B) Scattering loss

(D) Oscillation

(E) Shielding

Ans : (A)

49. Who amongst the following is a famous economist ?

(A) Richard Dawkins

(B) Alan Greenspan

(D) Olivar Sachs

(E) Stephan Hawking

Ans : (B)

50. Who amongst the following has never held post of the Governor of the RBI ?

(A) C. Rangarajan

(B) L. K. Jha

(D) Bimal Jalan

(E) Usha Thorat

Ans : (E)

RBI PREVIOUS EXAMS QUESTIONS

General Awareness

1. Article 17 of the constitution of India provides for

(a) equality before law.

(b) equality of opportunity in matters of public employment.

(d) abolition of untouchability.

Ans-D

2. Article 370 of the constitution of India provides for

(a) temporary provisions for Jammu & Kashmir.

(b) special provisions in respect of Nagaland.

(d) provisions in respect of financial emergency.

Ans-D

3. How many permanent members are there in Security Council?

(a) Three

(b) Five

(d) Four

Ans-b

4. The United Kingdom is a classic example of a/an

(a) aristocracy

(b) absolute monarchy

(d) polity.

Ans-c

5. Social Contract Theory was advocated by

(a) Hobbes, Locke and Rousseau.

(b) Plato, Aristotle and Hegel.

(d) Locke, Mill and Hegel.

Ans-a

6. The Speaker of the Lok Sabha is elected by the

(a) President

(b) Prime Minister.

(d) Members of the Lok Sabha.

Ans-D

7. Who is called the ‘Father of History’?

(a) Plutarch

(b) Herodotus

(d) Pliny

Ans-b

8. The Vedas are known as

(a) Smriti.

(b) Sruti.

(d) Siksha.

Ans-b

9. The members of Estimate Committee are

(a) elected from the Lok Sabha only.

(b) elected from the Rajya Sabha only.

(d) nominated by the Speaker of the Lok Sabha.

Ans-a

10. Who is the chief advisor to the Governor?

(a) Chief Justice of the Supreme Court.

(b) Chief Minister.

(d) President.

Ans-b

11. Foreign currency which has a tendency of quick migration is called

(a) Scarce currency.

(b) Soft currency.

(d) Hot currency.

Ans-D

12. Which of the following is a better measurement of Economic Development?

(a) GDP

(b) Disposable income

(d) Per capita income

Ans-a

13. In India, disguised unemployment is generally observed in

(a) the agriculture sector.

(b) the factory sector.

(d) All these sectors.

Ans-a

14. If the commodities manufactured in Surat are sold in Mumbai or Delhi then it is

(a) Territorial trade.

(b) Internal trade.

(d) Free trade.

Ans-b

15. The famous slogan “GARIBI HATAO” (Remove Poverty) was launched during the

(a) First Five-Year Plan (1951-56)

(b) Third Five-Year Plan (1961-66)

(d) Fifth Five-Year Plan (1974-79)

Ans-c

16. Bank Rate refers to the interest rate at which

(a) Commercial banks receive deposits from the public.

(b) Central bank gives loans to Commercial banks.

(d) Commercial banks grant loans to their customers.

Ans-a

17. All the goods which are scare and limited in supply are called

(a) Luxury goods.

(b) Expensive goods.

(d) Economic goods.

Ans-d

18. The theory of monopolistic competition is developed by

(a) E.H.Chamberlin

(b) P.A.Samuelson

(d) A.Marshall

Ans-a

19. Smoke is formed due to

(a) solid dispersed in gas.

(b) solid dispersed in liquid.

(d) gas dispersed in gas.

Ans-a

20. Which of the following chemical is used in photography?

(a) Aluminum hydroxide

(b) Silver bromide

(d) Sodium chloride.

Ans-b

21. Gober gas (Biogas) mainly contains

(a) Methane.

(b) Ethane and butane.

(d) methane, ethane, propane and propylene.

Ans-a

22. Preparation of ‘Dalda or Vanaspati’ ghee from vegetable oil utilises the following process

(a) Hydrolysis

(b) Oxidation

(d) Ozonoloysis

Ans-b

23. Which colour is the complementary colour of yellow?

(a) Blue

(b) Green

(d) Red

Ans-b

24. During washing of cloths, we use indigo due to its

(a) better cleaning action.

(b) proper pigmental composition.

(d) very low cost.

Ans-a

25. Of the following Indian satellites, which one is intended for long distance telecommunication and for transmitting TV programmes?

(a) INSAT-A

(b) Aryabhata

(d) Rohini

Ans-d

26. What is the full form of ‘AM’ regarding radio broadcasting?

(a) Amplitude Movement

(b) Anywhere Movement

(d) Amplitude Modulation.

Ans-c

27. Who is the author of Gandhi’s favorite Bhajan Vaishnava jana to tene kahiye?

(a) Purandar Das

(b) Shyamal Bhatt

(d) Sant Gyaneshwar

Ans-c

28. Which one of the following is not a mosquito borne disease?

(a) Dengu fever

(b) Filariasis

(d) Malaria

Ans-d

29. What is the principal ore of aluminium?

(a) Dolomite

(b) Copper

(d) Bauxite

Ans-d

30. Which country is the facilitator for peace talks between the LTTE and the Sri Lankan Government?

(a) The US

(b) Norway

(d) The UK

Ans-a

31. The highest body which approves the Five-Year Plan in India is the

(a) Planning Commission

(b) National Development Council

(d) Finance Ministry

Ans-c

32. Ceteris Paribus is Latin for

(a) ” all other things variable ”

(b) “other things increasing”

(d) “all other things decreasing”

Ans-c

33. Who has been conferred the Dada Saheb Phalke Award (Ratna) for the year 2007?

(a) Dev Anand

(b) Rekha

(d) Shabana Azmi

Ans-c

34. Purchasing Power Parity theory is related with

(a) Interest Rate.

(b) Bank Rate.

(d) Exchange Rate.

Ans-a

35. India’s biggest enterprise today is

(a) the Indian Railways.

(b) the Indian Commercial Banking System.

(d) the India Telecommunication System.

Ans-c

36. The official agency responsible for estimating National Income in India is

(a) Indian Statistical Institute.

(b) Reserve Bank of India.

(d) National Council for Applied Economics and Research.

Ans-d

37. Which of the following has the sole right of issuing currency (except one rupee coins and notes) in India?

(a) The Governor of India

(b) The Planning Commission

(d) The Reserve Bank of India

Ans-b

38. In the budget figures of the Government of India the difference between total expenditure and total receipt is called.

(a) Fiscal deficit

(b) Budget deficit

(d) Current deficit

Ans-a

39. Excise duty on a commodity is payable with reference to its

(a) production.

(b) production and sale.

(d) Production, transportation and sale.

Ans-a

40. In the US, the President is elected by

(a) The Senate.

(b) Universal Adult Franchise.

(d) The Congress.

Ans-b

41. Fascism believes in

(a) Peaceful change

(b) Force

(d) Basic Rights for the individual

Ans-d

42. Which is the most essential function of an entrepreneur?

(a) Supervision

(b) Management

(d) Risk bearing

Ans-a

43. Knowledge, technical skill, education ‘etc.’ in economics, are regarded as

(a) social-overhead capital.

(b) human capital.

(d) working capital.

Ans-b

44. What is the range of Agni III, the long-range ballistic missile, test-fired by India recently?

(a) 2,250 km

(b) 3,500 km

(d) 1,000 km

Ans-a

45. Nathu Laa, a place where India-China border trade has been resumed after 44 years, is located on the Indian border in

(a) Sikkim.

(b) Arunachal Pradesh.

(d) Jammu and Kashmir.

Ans-c

46. M. Damodaran is the

(a) Chairman, Unit Trust of India.

(b) Deputy Governor of Reserve Bank of India.

(d) Chairman, Life Insurance Corporation of India.

Ans-c

47. What is the name of the Light Combat Aircraft developed by India indigenously?

(a) BrahMos

(b) Chetak

(d) Tejas

Ans-d

48. Who is the Prime Minister of Great Britain?

(a) Tony Blair

(b) Jack Straw

(d) Gordon Brown.

Ans-d

49. The 2010 World Cup Football Tournament will be held in

(a) France.

(b) China.

(d) South Africa.

Ans-b

50. Who is the present Chief Election Commissioner of India?

(a) Navin Chawla

(b) N.Gopalswamy

(d) B.B.Tandon

Ans-a

51. The title of the book recently written by Jaswant Singh, former Minister of External Affair, is

(a) A call of Honour – In the Service of Emergent Inida

(b) Whither Secular India?

(d) Shining India and BJP.

Ans-c

52. What was the original name of “Nurjahan”?

(a) Jabunnisa

(b) Fatima Begum

(d) Jahanara

Ans-d

53. Which of the following pairs is not correctly matched ?

(a) Lord Dallhousie- Doctrine of Lapse

(b) Lord Minto- Indian Councils Act, 1909

(d) Lord Curzon- Vernacular Press Act, 1878

Ans-d

54. The province of Bengal was partitioned into two parts in 1905 by

(a) Lord Lytton.

(b) Lord Ripon.

(d) Lord Curzon.

Ans-b

55. The essential features of the Indus Valley Civilization was

(a) worship of forces of nature.

(b) organized city life.

(d) caste society.

Ans-a

56. Name the capital of Pallavas.

(a) Kanchi.

(b) Vattapi.

(d) Mahabalipuram.

Ans-b

57. The Home Rule League was started by

(a) M.K.Gandhi

(b) B.G.Tilak

(d) K.T.Telang

Ans-c

58. The Simon Commission was boycotted by the Indians because

(a) it sought tocurb civil liberties.

(b) it proposed to partition India.

(d) it proposed measures for nationalism.

Ans-d

59. Storm of gases are visible in the chamber of the Sun during

(a) Cyclones

(b) Anti-cyclones

(d) Solar eclipse.

Ans-c

60. The Indian Councils Act of 1990 is associated with

(a) The Montagu Decleration.

(b) The Montagu- Chelmsford Reforms.

(d) The Rowlatt Act.

Ans-d

61. The age of tree can be determined more or less accurately by

(a) counting the number of branches.

(b) measuring the height ,of the tree.

(d) counting the number of rings in the trunk.

Ans-a

62. Of all micro-organisms, the most adaptable and versatile are

(a) Viruses

(b) Bacteria

Ans-a

63. What is an endoscope?

(a) It is an optical instrument used to see inside the alimentary canal

(b) it is device which is fitted on the chest of the patient to regularize the irregular heart beats

(d) It is an instrument for recording electrical signals produced by the human muscles.

Ans-a

64. The disease in which the sugar level increase is known as

(a) Diabetes mellitus

(b) Diabetes insipidus

(d) Diabetes sugarensis

Ans-d

65. The President of India is elected by

(a) members of both Houses of the Parliament.

(b) members of both houses of Parliament of State Legislatures.

(d) Elected members of both Houses of the Parliament and members of Legislative Assemblies.

Ans-d

66. The nitrogen present in the atmosphere is

(a) of no use to plants.

(b) injurious of plants.

(d) utilized through micro-organisms.

Ans-a

67. Diamond and Graphite are

(a) allotropes

(b) isomorphous

(d) isobars

Ans-b

68. Kayak is kind of

(a) tribal tool.

(b) boat.

(d) weapon.

Ans-b

69. Which of the following has the highest calorific value?

(a) Carbohydrates

(b) fats

(d) Vitamins.

Ans-a

70. Rotation of crops means

(a) growing of different crops in succession to maintain soil fertility.

(b) some crops are growing again and again.

(d) None of these.

Ans-b

71. Suez Canal connects

(a) Pacific Ocean and Atlantic Ocean.

(b) Mediterranean Sea and Red Sea.

(d) Lake Erie and Lake Ontario.

Ans-d

72. Which of the following ports has the largest hinterland?

(a) Kandla

(b) Kochi

(d) Vishkhapatnam.

Ans-d

73. “Slash and Burn agriculture” is the name given to

(a) method of potato cultivation.

(b) process of deforestation.

(d) shifting cultivation.

Ans-a

74. The main reason for deforestation in Asia is

(a) excessive fuel wood collection.

(b) excessive soil erosion.

(d) construction of roads.

Ans-d

75. Recharging of water table depends on

(a) amount of rainfall.

(b) relief of the area.

(d) amount of percolation.

Ans-a

RESERVE BANK OF INDIA OFFICERS GRADE 'B' EXAM 2010 PAPER

General Awareness

Q.1. Article seventeen of the constitution of India provides for

(a) equivalence prior to law.

(b) equivalence of event in counts of open employment.

(d) extermination of untouchability.

Q.2. Article 370 of the constitution of India provides for

(a) proxy supplies for Jammu & Kashmir.

(b) special supplies in apply oneself of Nagaland.

(d) supplies in apply oneself of monetary emergency.

Q.3. How many permanent members have been there in Security Council?

(a) Three

(b) Five

(d) Four

Q.4. The United Kingdom is the classical e.g. of a/an

(a) aristocracy

(b) comprehensive monarchy

(d) polity.

Q.5. Social Contract Theory was advocated by

(a) Hobbes, Locke as well as Rousseau.

(b) Plato, Aristotle as well as Hegel.

(d) Locke, Mill as well as Hegel.

Q.6. The Speaker of the Lok Sabha is inaugurated by the

(a) President

(b) Prime Minister.

(d) Members of the Lok Sabha.

Q.7. Who is called the ‘Father of History’?

(a) Plutarch

(b) Herodotus

(d) Pliny

Q.8. The Vedas have been well well known as

(a) Smriti.

(b) Sruti.

(d) Siksha.

Q.9. The members of Estimate Committee are

(a) inaugurated from the Lok Sabha only.

(b) inaugurated from the Rajya Sabha only.

(d) nominated by the Speaker of the Lok Sabha.

Q.10. Who is the arch confidant to the Governor?

(a) Chief Justice of the Supreme Court.

(b) Chief Minister.

(d) President.

Q.11. Foreign banking that has the bent of discerning emigration is called

(a) Scarce currency.

(b) Soft currency.

(d) Hot currency.

Q.12. Which of the following is the improved dimensions of Economic Development?

(a) GDP

(b) Disposable income

(d) Per capita income

Q.13. In India, sheltered stagnation is in all celebrated in

(a) the civilised world sector.

(b) the bureau sector.

(d) All these sectors.

Q.14. If the line made in Surat have been solitary in Mumbai or Delhi afterwards it is

(a) Territorial trade.

(b) Internal trade.

(d) Free trade.

Q.15. The important aphorism “GARIBI HATAO” (Remove Poverty) was launched during the

(a) First Five-Year Plan (1951-56)

(b) Third Five-Year Plan (1961-66)

(d) Fifth Five-Year Plan (1974-79)

Q.16. Bank Rate refers to the seductiveness rate during which

(a) Commercial banks embrace deposits from the public.

(b) Central bank gives loans to Commercial banks.

(d) Commercial banks accede to loans to their customers.

Q.17. All the products that have been shock as well as singular in supply have been called

(a) Luxury goods.

(b) Expensive goods.

(d) Economic goods.

Q.18. The speculation of monopolistic foe is grown by

(a) E.H.Chamberlin

(b) P.A.Samuelson

(d) A.Marshall

Q.19. Smoke is shaped due to

(a) plain diluted in gas.

(b) plain diluted in liquid.

(d) gas diluted in gas.

Q.20. Which of the following containing alkali is used in photography?

(a) Aluminum hydroxide

(b) Silver bromide

(d) Sodium chloride.

Q.21. Gober gas (Biogas) especially contains

(a) Methane.

(b) Ethane as well as butane.

(d) methane, ethane, propane as well as propylene.

Q.22. Preparation of ‘Dalda or Vanaspati’ ghee from unfeeling oil utilises the following process

(a) Hydrolysis

(b) Oxidation

(d) Ozonoloysis

Q.23. Which colour is the interrelated colour of yellow?

(a) Blue

(b) Green

(d) Red

Q.24. During soaking of cloths, you make make use of of sapphire due to its

(a) improved cleaning action.

(b) correct pigmental composition.

(d) really low cost.

Q.25. Of the following Indian satellites, that the single is dictated for prolonged stretch telecommunication as well as for transmitting TV programme?

(a) INSAT-A

(b) Aryabhata

(d) Rohini

Q.26. What is the full form of ‘AM’ per air wave broadcasting?

(a) Amplitude Movement

(b) Anywhere Movement

(d) Amplitude Modulation.

Q.27. Who is the writer of Gandhi’s the the single preferred Bhajan Vaishnava jana to tene kahiye?

(a) Purandar Das

(b) Shyamal Bhatt

(d) Sant Gyaneshwar

Q.28. Which the single of the following is not the butterfly borne disease?

(a) Dengu fever

(b) Filariasis

(d) Malaria

Q.29. What is the principal ore of aluminium?

(a) Dolomite

(b) Copper

(d) Bauxite

Q.30. Which nation is the monitor for assent talks in in between the LTTE as well as the Sri Lankan Government?

(a) The US

(b) Norway

(d) The UK

Q.31. The top physique that approves the Five-Year Plan in India is the

(a) Planning Commission

(b) National Development Council

(d) Finance Ministry

Q.32. Ceteris Paribus is Latin for

(a) ” all alternative things non-static ”

(b) “other things increasing”

(d) “all alternative things decreasing”

Q.33. Who has been conferred the Dada Saheb Phalke Award (Ratna) for the year 2007?

(a) Dev Anand

(b) Rekha

(d) Shabana Azmi

Q.34. Purchasing Power Parity speculation is compared with

(a) Interest Rate.

(b) Bank Rate.

(d) Exchange Rate.

Q.35. India’s greatest craving currently is

(a) the Indian Railways.

(b) the Indian Commercial Banking System.

(d) the India Telecommunication System.

Q.36. The central group obliged for calculating approximately National Income in India is

(a) Indian Statistical Institute.

(b) Reserve Bank of India.

(d) National Council for Applied Economics as well as Research.

Q.37. Which of the following has the solitary right of arising banking (except the single rupee coins as well as notes) in India?

(a) The Governor of India

(b) The Planning Commission

(d) The Reserve Bank of India

Q.38. In the bill sum of the Government of India the disproportion in in between sum output as well as sum taking is called.

(a) Fiscal deficit

(b) Budget deficit

(d) Current deficit

Q.39. Excise avocation upon the commodity is upon credit with anxiety to its

(a) production.

(b) prolongation as well as sale.

(d) Production, travel as well as sale.

Q.40. In the US, the President is inaugurated by

(a) The Senate.

(b) Universal Adult Franchise.

(d) The Congress.

Q.41. Fascism believes in

(a) Peaceful change

(b) Force

(d) Basic Rights for the individual

Q.42. Which is the many necessary duty of an entrepreneur?

(a) Supervision

(b) Management

(d) Risk bearing

Q.43. Knowledge, technical skill, preparation ‘etc.’ in economics, have been regarded as

(a) social-overhead capital.

(b) tellurian capital.

(d) operative capital.

Q.44. What is the operation of Agni III, the long-range ballistic missile, test-fired by India recently?

(a) 2,250 km

(b) 3,500 km

(d) 1,000 km

Q.45. Nathu Laa, the place where India-China limit traffic has been resumed after 44 years, is located upon the Indian limit in

(a) Sikkim.

(b) Arunachal Pradesh.

(d) Jammu as well as Kashmir.

Q.46. M. Damodaran is the

(a) Chairman, Unit Trust of India.

(b) Deputy Governor of Reserve Bank of India.

(d) Chairman, Life Insurance Corporation of India.

Q.47. What is the name of the Light Combat Aircraft grown by India indigenously?

(a) BrahMos

(b) Chetak

(d) Tejas

Q.48. Who is the Prime Minister of Great Britain?

(a) Tony Blair

(b) Jack Straw

(d) Gordon Brown.

Q.49. The 2010 World Cup Football Tournament will be hold in

(a) France.

(b) China.

(d) South Africa.

Q.50. Who is the benefaction Chief Election Commissioner of India?

(a) Navin Chawla

(b) N.Gopalswamy

(d) B.B.Tandon

Q.51. The pretension of the book not long ago created by Jaswant Singh, former Minister of External Affair, is

(a) A call of Honour – In the Service of Emergent Inida

(b) Whither Secular India?

(d) Shining India as well as BJP.

Q.52. What was the strange name of “Nurjahan”?

(a) Jabunnisa

(b) Fatima Begum

(d) Jahanara

Q.53. Which of the following pairs is not rightly suited ?

(a) Lord Dallhousie- Doctrine of Lapse

(b) Lord Minto- Indian Councils Act, 1909

(d) Lord Curzon- Vernacular Press Act, 1878

Q.54. The range of Bengal was partitioned in to dual tools in 1905 by

(a) Lord Lytton.

(b) Lord Ripon.

(d) Lord Curzon.

Q.55. The necessary facilities of the Indus Valley Civilization was

(a) ceremony of forces of nature.

(b) orderly city life.

(d) standing society.

Q.56. Name the collateral of Pallavas.

(a) Kanchi.

(b) Vattapi.

(d) Mahabalipuram.

Q.57. The Home Rule League was due by

(a) M.K.Gandhi

(b) B.G.Tilak

(d) K.T.Telang

Q.58. The Simon Commission was boycotted by the Indians because

(a) it sought tocurb polite liberties.

(b) it due to assign India.

(d) it due measures for nationalism.

Q.59. Storm of gases have been manifest in the cover of the Sun during

(a) Cyclones

(b) Anti-cyclones

(d) Solar eclipse.

Q.60. The Indian Councils Act of 1990 is compared with

(a) The Montagu Decleration.

(b) The Montagu- Chelmsford Reforms.

(d) The Rowlatt Act.

Q.61. The age of tree can be dynamic some-more or reduction fairly by

(a) counting the series of branches.

(b) measuring the tallness ,of the tree.

(d) counting the series of rings in the trunk.

Q.62. Of all micro-organisms, the many variable as well as versatile are

(a) Viruses

(b) Bacteria

Q.63. What is an endoscope?

(a) It is an visual instrument used to see inside the supplying nourishment canal

(b) it is device that is propitious upon the chest of the studious to regularize the strange heart beats

(d) It is an instrument for recording electrical signals constructed by the tellurian muscles.

Q.64. The mildew in that the sugarine turn enlarge is well well known as

(a) Diabetes mellitus

(b) Diabetes insipidus

(d) Diabetes sugarensis

Q.65. The President of India is inaugurated by

(a) members of both Houses of the Parliament.

(b) members of both houses of Parliament of State Legislatures.

(d) Elected members of both Houses of the Parliament as well as members of Legislative Assemblies.

Q.66. The nitrogen benefaction in the ambience is

(a) of no make make use of of to plants.

(b) damaging of plants.

(d) employed by micro-organisms.

Q.67. Diamond as well as Graphite are

(a) allotropes

(b) isomorphous

(d) isobars

Q.68. Kayak is kind of

(a) genealogical tool.

(b) boat.

(d) weapon.

Q.69. Which of the following has the top calorific value?

(a) Carbohydrates

(b) fats

(d) Vitamins.

Q.70. Rotation of crops means

(a) flourishing of opposite crops in period to say dirt fertility.

(b) the little crops have been flourishing again as well as again.

(d) None of these.

Q.71. Suez Canal connects

(a) Pacific Ocean as well as Atlantic Ocean.

(b) Mediterranean Sea as well as Red Sea.

(d) Lake Erie as well as Lake Ontario.

Q.72. Which of the following ports has the largest hinterland?

(a) Kandla

(b) Kochi

(d) Vishkhapatnam.

Q.73. “Slash as well as Burn agriculture” is the name since to

(a) routine of potato cultivation.

(b) routine of deforestation.

(d) changeable cultivation.

Q.74. The categorical reason for deforestation in Middle East is

(a) extreme fuel timber collection.

(b) extreme dirt erosion.

(d) building the whole of roads.

Q.75. Recharging of H2O list depends on

(a) volume of rainfall.

(b) service of the area.

(d) volume of percolation.

Answers Part :

1. (d) 2. (d) 3. (b) 4. (c) 5. (a) 6. (d) 7. (b) 8. (b) 9. (a) 10. (b) 11. (d) 12. (a) 13. (a) 14. (b) 15. (c) 16. (a) 17. (d) 18. (a) 19. (a) 20. (b) 21. (a) 22. (b) 23. (b) 24. (a) 25. (d) 26. (c) 27. (c) 28. (d) 29. (d) 30. (a) 31. (c) 32. (c) 33. (c) 34. (a) 35. (c) 36. (d) 37. (b) 38. (a) 39. (a) 40. (b) 41. (d) 42. (a) 43. (b) 44. (a) 45. (c) 46. (c) 47. (d) 48. (d) 49. (b) 50. (a) 51. (c) 52. (d) 53. (d) 54. (b) 55. (a) 56. (b) 57. (c) 58. (d) 59. (c) 60. (d) 61. (a) 62. (a) 63. (a) 64. (d) 65. (d) 66. (a) 67. (b) 68. (b) 69. (a) 70. (b) 71. (d) 72. (d) 73. (a) 74. (d) 75. (a)

RBI Grade B Officers Previous Years Question Papers

1. In which type of account, banks generally don’t pay interest—
(A) Saving Account
(B) Current Account
(C) Fixed Deposit Account
(D) Interest is always payable in all types of account

Ans-b

2. A bank standing order would be suitable for paying—
(A) Telephone accounts
(B) Electricity accounts
(C) Grocery bills
(D) Mortgage repayments

Ans-d

3. Payment of a cheque cannot be made on a cash counter of bank if the cheque is—
(A) Bearer
(B) Cross
(C) Order
(D) All of these

Ans-b

4. Which of the following is not Commercial Bank ?
(A) Reserve Bank of India
(B) State Bank of India
(C) Canra Bank
(D) Oriental Bank of Commerce

Ans-a

5. What is the Bank draft ?
(A) Letter from the Bank
(B) Cheque which a bank draws on itself
(C) Instruction to a banker to collect a customer’s debt
(D) Instruction not to honor a stop payment

Ans-b

6. The essential characteristic of whatever serves as money is that it must—
(A) Be issued by the State
(B) Be generally acceptable
(C) Not be wholly fiduciary
(D) Have some instrinsic value

Ans-b

7. One of the following is not an example of Near-Money, which?
(A) Bill of Exchange
(B) Bonds and Debentures
(C) Equity shares of Ranbaxy Company Ltd.
(D) Treasury bills of the Government of India

Ans-c

8. ‘Fiat Money’ is that which is—
(A) Accepted by overseas banks only
(B) Accepted temporarily in lieu of gold
(C) Backed by gold or silver
(D) Decreed as money by the government

Ans-b

9. Money is—
(A) Acceptable only when it has intrinsic value
(B) Constant in purchasing power
(C) The most liquid of all assets
(D) All of the above

Ans-c

10. Greshan’s law states that—
(A) Bad money promotes good money in the system
(B) Bad money drives good money out of circulation
(C) Good money drives bad money out of circulation
(D) Good money promotes bad money in the system

Ans-b

11. Value of Money—
(A) Is independent of the price level
(B) Is directly related to the price level
(C) Is inversely related to the price level
(D) None of the above Ans-c

12. Demand pull inflation can be caused by money factors including—
(A) A fall in consumption expenditure
(B) A sharp increase in unemployment
(C) A steep reduction in direct taxation
(D) An increase in Income Tax Ans-c

13. The process of deplation tends to favor—
(A) Debtor and Creditors a like
(B) Debtor at the expense of Creditors          Ans-c
(C) Creditors at the expense of Debtors
(D) Profit receivers at the expense of fixed income receivers
14. Which of the following statement is not completely true?
(A) An increase in the supply of money will result in inflation
(B) Cost inflation occurs when prices rise to cover increased factor costs
(C) Inflation occurs when the value of money declines
(D) Inflation will have the effect of redistributing incomes within a country
Ans-a
15. Which of the following people is most likely to benefit from an inflationary situation?
(A) A person who buys units from the Unit Trust
(B) A person who keeps his savings under the floor at home
(C) A person makes a large private loan to a friend      Ans-d
(D) A person who takes out a mortgage with a building society
16. The principal liability of a Joint Stock Bank relates to—
(A) Its investment abroad
(B) Its investment at home     Ans-c
(C) Repayment of its customer’s deposits
(D) Its requirements to make special deposits when requested
17. Which of the following is not a function of the Commercial Banks?
(A) Acting as a lender of last resort
(B) Lending to the private and public sectors
(C) The provision of a cheque system for setting debts
(D) The provision of safe deposit facilities     Ans-a
18. When the Commercial Bank create credit areas which are in effect and increases—
(A) The national debt
(B) The supply of money        Ans-b
(C) The purchasing power of the rupee
(D) The real wealth of the country
19. A customer does not require a bank account to obtain—
(A) A Loan     Ans-a
(B) A Cheque Card
(C) A Banker’s Draft
(D) An Overdraft
20. Which of the following is not a liability of Commercial Banks—
(A) Security Holdings             Ans-a
(B) Treasury deposit at banks
(C) Demand deposits and time deposits
(D) Borrowing from Central Bank
21. ‘Not negotiable’ written on a cheque crossing means—
(A) The cheque cannot be paid to any one but the payee
(B) The cheque is valid only for payment of the transaction for which it is made out
(C) An honest person receiving a stolen cheque is liable to repay the rightful owner
(D) The cheque must be paid into a bank       Ans-c
22. The Central Bank is not expected to perform the function of—
(A) Acting as a clearing house
(B) The banker to the government
(C) Accepting deposit from Commercial Banks
(D) Accepting deposits from general public   Ans-d
23. Increase in bank rates generally is followed by—
(A) An increase in market rate of interest
(B) A fall in market rates of interest
(C) A rise only in the deposits rates but not the lending rates
(D) A rise only in the lending rates     Ans-a
24. The major quantitative monetary tool available with the Central Bank is—
(A) Retioning of credit           Ans-d
(B) Regulation of consumer credit
(C) Margin requirements
(D) Reserve ratio requirements
25. Bank must refuse payment of a cheque where—
(A) Cheque is not dated         Ans-c
(B) Where cheque is stale, i.e. date has expired
(C) Payment has been stopped by customer
(D) The cheque is not presented during working hours of Bank
26. A ‘Stale’ cheque is one that is—
(A) Over six months old         Ans-a
(B) Converning an overdue payment
(C) Cancelled by the drawer
(D) Written on an account which is overdrawn
27. When the Central Bank sells securities, as a result—
(A) The cash resources at the disposal of the commercial banks increase
(B) The cash resources of the commercial banks remain unchanged
(C) The cash resources at the disposal of commercial banks get diminished
(D) None of the above                        Ans-c
28. When a cheque is returned by the bank marked ‘Refer to Drawer’ this means the drawer—
(A) Has instructed the bank not to pay the cheque
(B) Whishes to be contacted before the cheque is cashed
(C) Has improperly completed the cheque and must correct it before payment
(D) Had insufficient funds in his account to pay the cheque       Ans-d
29. The current Bank Rate is—
(A) 6%                        Ans-a
(B) 8%
(C) 9%
(D) 9·5%
30. It has been made compulsory for Non-Banking Financing Companies to get themselves registered with … before July 8, 1997.
(A) RBI           Ans-a
(B) SEBI
(C) Government of India
(D) None of the above
31. India ranks number … among the countries with the biggest growth potential in the world according to the latest report of world Economic Forum.
(A) Six
(B) Five
(C) Four          Ans-d
(D) Three
32. Which is the ‘most competitive country’ of the world according to the latest report of world Economic Forum ?
(A) Hong Kong
(B) Singapore
(C) United State of America
(D) Netherlands                      Ans-b
33. The maximum permissible limit of interest on postshipment rupee credit on demand bills for transit period upto 90 days is—
(A) 13%                      Ans-a
(B) 14%
(C) 15%
(D) 16%
34. Which of the following statement is correct about India according to the World Bank’s latest calculations ?
(A) India’s per capita national wealth is $ 25000
(B) India’s per capita incomeis $ 360
(C) India’s per capita income (according to purchasing power parity) is $ 2390
(D) All of the above    Ans-d
35. Scheduled commercial banks recorded nonperforming assets (NPAs) of … at the end of March 2006-07 against 1·8% during 2005-06.
(A) 2·3%
(B) 3·3%
(C) 1·5%         Ans-a\c
(D) 7·9%
36. Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country ?
(A) Bank Rate (BR)
(B) Special Drawing Rights (SDR)    Ans-b
(C) Statutory Liquidity Ratio (SLR)
(D) Cash Reserve Ratio (CRR)
37. Which of the following is/are included in Legal Tender Money in India ?
(A) Coins and currency notes
(B) Coins and bank drafts
(C) Currency notes and SDRs                        Ans-a
(D) Currency notes issued by RBI
38. Which of the following is correctly matched?
(A) CRR on FCNR (B) Scheme—12%
(B) Bank Rate—6%
(C) SLR on NRE deposits—31·5%   Ans-b
(D) CRR on NRE—13%
39. India’s First Financial Archive has been set up at—
(A) Mumbai
(B) New Delhi
(C) Ahmedabad
(D) Kolkata
Ans-d
40. Which of the following Bank merged with Oriented Bank of Commerce ?
(A) New Bank of India
(B) Punjab Co-operative Bank
(C) Bari Doab Bank
(D) (B) and (C) both
Ans-d

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Reserve Bank of India Grade ‘B’ exam

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Reserve Bank of India Grade ‘B’ exam

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