MCQOPTIONS
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MCQOPTIONS
This section includes 25 Mcqs, each offering curated multiple-choice questions to sharpen your RBI Grade B Phase II Questions knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
“We don’t need no education,” crooned Pink Floyd decades ago. The Government of India eminently disagrees. It wants us and our coming generations to imbibe world class education — from ‘Institutions of Eminence’. Miffed that even the best Indian academic institutions did not make it to the lists of top ranked global universities and did not produce enough cutting-edge research, the government decided that something needed to be done. The answer: Institutions of Eminence. The hunt began last year with the University Grants Commission tasked with selecting 10 government universities and 10 private ones that would be a cut above the rest. These Institutions of Eminence would be given significant autonomy in operations — from setting their curriculum and recruiting foreign faculty to entering academic tie-ups. The selected government institutions would also be given up to Rs 1,000 crore over five years to help them become world-class. The ultimate objective is for these Institutions of Eminence to acquire global standing in a few years. [S.3, Q.1]
|
| A. | 5 |
| B. | 3 |
| C. | 7 |
| D. | 6 |
| E. | 4 |
| Answer» E. 4 | |
| 2. |
The India Health Fund (IHF) has invited applications from organizations and individuals for innovations and technologies designed to combat two major diseases that account for over 423,000 deaths and around 1.5 million confirmed cases respectively on an annual basis in India. The IHF aims to support new products and strategies that impact the entire lifecycle of the two diseases in question, from prevention to post-cure recovery.
|
| A. | Hepatitis B & Polio |
| B. | Meningitis & Methicillin |
| C. | Tuberculosis & Malaria |
| D. | Leprosy & Measles |
| E. | None of the above |
| Answer» D. Leprosy & Measles | |
| 3. |
The India Health Fund (IHF) has invited applications from organizations and individuals for innovations and technologies designed to combat two major diseases that account for over 423,000 deaths and around 1.5 million confirmed cases respectively on an annual basis in India. The IHF aims to support new products and strategies that impact the entire lifecycle of the two diseases in question, from prevention to post-cure recovery.
|
| A. | Tata Trusts, Global Fund |
| B. | UNESCO, CARE India |
| C. | UNICEF, Tata Trusts |
| D. | Goonj, Global Fund |
| E. | Reliance Foundation, WHO |
| Answer» B. UNESCO, CARE India | |
| 4. |
A day after the Cabinet gave its nod to the Prime Minister’s Research Fellows (PMRF) scheme, Human Resource Development Minister Prakash Javadekar said the initiative taken by the government will improve the quality of research.
|
| A. | Rs. 2 lakh |
| B. | Rs. 5 lakh |
| C. | Rs. 3 lakh |
| D. | Rs. 6 lakh |
| E. | Rs. 6 lakh |
| Answer» B. Rs. 5 lakh | |
| 5. |
A day after the Cabinet gave its nod to the Prime Minister’s Research Fellows (PMRF) scheme, Human Resource Development Minister Prakash Javadekar said the initiative taken by the government will improve the quality of research.
|
| A. | 4000 |
| B. | 2000 |
| C. | 6500 |
| D. | 3000 |
| E. | 5000 |
| Answer» E. 5000 | |
| 6. |
The scheme pertaining to leadership development of minority women and being implemented by the Ministry of Minority Affairs is named ___________?
|
| A. | Nai Manzil |
| B. | Nai Roshni |
| C. | Mahila Samriddhi Yojna |
| D. | Nai Udaan |
| E. | None of above |
| Answer» C. Mahila Samriddhi Yojna | |
| 7. |
As per the budget 2018-19, the fiscal deficit is targeted at what percentage of the GDP?
|
| A. | 3.4% |
| B. | 3.2% |
| C. | 3.7% |
| D. | 3.3% |
| E. | 3.5% |
| Answer» E. 3.5% | |
| 8. |
Who was the first Chief Election Commissioner of India?
|
| A. | Kalyan Sundaram |
| B. | T.N Seshan |
| C. | Sukumar Sen |
| D. | H.S Brahma |
| E. | Nasim Zaidi |
| Answer» D. H.S Brahma | |
| 9. |
When was Central Vigilance Commission established?
|
| A. | 1964 |
| B. | 1965 |
| C. | 1966 |
| D. | 1967 |
| E. | 1968 |
| Answer» B. 1965 | |
| 10. |
Sarkaria Commission was setup in:
|
| A. | 1999 |
| B. | 1984 |
| C. | 1991 |
| D. | 1987 |
| E. | 1994 |
| Answer» C. 1991 | |
| 11. |
Innovate In India (i3) will be witnessing an investment of $250 Million, out of which the loan from World Bank is:
|
| A. | 120 Million |
| B. | 130 Million |
| C. | 115 Million |
| D. | 125 Million |
| E. | 110 Million |
| Answer» E. 110 Million | |
| 12. |
The Union Ministry of Home Affairs had constituted inter-ministerial committee to frame guidelines on playing national anthem in cinemas and other public places after a bench of SC in October 2017 had observed that people “cannot be forced to carry patriotism on their sleeves.” This committee was headed by _________?
|
| A. | B R Sharma |
| B. | Shanta Kumar |
| C. | Madhukar Gupta |
| D. | Umesh Sinha |
| E. | B N Navalawala |
| Answer» B. Shanta Kumar | |
| 13. |
The Eighth Regional 3R Forum in Asia and Pacific was held in Indore in April 2018. Which of the following is not a part of major Principles of the 3R forum?
|
| A. | Reduce |
| B. | Reuse |
| C. | Recover |
| D. | Recycle |
| E. | All are correct |
| Answer» D. Recycle | |
| 14. |
Which Indian city became the first to join the World Cities Culture Forum (WCCF)? (December 2017)
|
| A. | New Delhi |
| B. | Mumbai |
| C. | Hyderabad |
| D. | Bengaluru |
| E. | Kolkata |
| Answer» C. Hyderabad | |
| 15. |
As per Budget 2018-19, The Government has exempted the profits of Farmer Producer Companies (FPC) from tax for a period of _________ years?
|
| A. | 4 years |
| B. | 2 years |
| C. | 5 years |
| D. | 7 years |
| E. | 10 years |
| Answer» D. 7 years | |
| 16. |
India’s ambitious Zero Hunger Programme was initiated by which of the following?
|
| A. | Indian Council of Agricultural Research |
| B. | Kerala Farmers Federation |
| C. | Agricultural Promotion and Investment Corporation of Odisha Limited |
| D. | National Commission on Agriculture |
| E. | None of the above |
| Answer» B. Kerala Farmers Federation | |
| 17. |
Out of the 130 countries surveyed on World Economic Forum’s (WEF) Global Human Capital Index (GHCI) 2017, what was India’s rank?
|
| A. | 105 |
| B. | 102 |
| C. | 108 |
| D. | 103 |
| E. | 106 |
| Answer» E. 106 | |
| 18. |
Which of the following is not true about GVA?
|
| A. | It gives a picture of the state of economic activity from the producers' side or supply side. |
| B. | It facilitates easy cross country comparisons. |
| C. | The calculation of GVA excludes indirect taxes. |
| D. | It can be calculated at various levels- firms, industries or sectors. |
| E. | All are correct |
| Answer» C. The calculation of GVA excludes indirect taxes. | |
| 19. |
While comparing the GDP of any two economies, we adjust for price level differences between the two economies using this tool?
|
| A. | GDF Deflator |
| B. | GDP per capita |
| C. | Purchasing Power Parity |
| D. | Price Index |
| E. | None of the above |
| Answer» D. Price Index | |
| 20. |
In the production approach of calculating GDP, how do we calculate GDP at market prices?
|
| A. | Value added at basic prices + taxes on goods and services – subsidies on goods and services. |
| B. | Total National Income + Sales Taxes + Depreciation + Net Foreign Factor Income. |
| C. | Value added at basic prices - taxes on goods and services + subsidies on goods and services. |
| D. | Consumption (C) + Investment (I) + Government Spending (G) + Net Exports |
| E. | None of the above |
| Answer» B. Total National Income + Sales Taxes + Depreciation + Net Foreign Factor Income. | |
| 21. |
Apprenticeship Training is considered to be one of the most efficient ways to develop skilled manpower for the country. It provides for an industry led, practice oriented, effective and efficient mode of formal training. The National Apprenticeship Promotion Scheme is to promote apprenticeship training in the country.
|
| A. | 25% of the total stipend payable monthly |
| B. | Rs 1500 per stipend payable monthly |
| C. | Lesser of A and B |
| D. | Greater of A and B |
| E. | None of the above |
| Answer» D. Greater of A and B | |
| 22. |
In a falling interest rate scenario and perhaps to keep their fiscal numbers under control, the government has recently lowered the interest rate on the GOI Savings (Taxable) Bonds. The government has replaced the erstwhile 8 percent Savings (Taxable) Bonds 2003 with the 7.75 per cent Savings (Taxable) Bonds. The bonds opened for subscription on January 10. While most of the features remain the same, the tenure has been increased by one year.
The bonds suit conservative investors who are looking for assured and fixed returns with complete safety of their principal amount. However, currently the interest rate is not high enough compared to instruments that a retiree usually looks at. [S.2, Q.2]
|
| A. | Rs. 1500 |
| B. | Rs. 500 |
| C. | Rs. 1000 |
| D. | Rs. 2000 |
| E. | Rs. 1200 |
| Answer» D. Rs. 2000 | |
| 23. |
In a falling interest rate scenario and perhaps to keep their fiscal numbers under control, the government has recently lowered the interest rate on the GOI Savings (Taxable) Bonds. The government has replaced the erstwhile 8 percent Savings (Taxable) Bonds 2003 with the 7.75 per cent Savings (Taxable) Bonds. The bonds opened for subscription on January 10. While most of the features remain the same, the tenure has been increased by one year.
The bonds suit conservative investors who are looking for assured and fixed returns with complete safety of their principal amount. However, currently the interest rate is not high enough compared to instruments that a retiree usually looks at.[S.2, Q.1]
|
| A. | Resident Indians (NRIs) are not eligible for making investments in these bonds. |
| B. | The bonds can be issued in 'Cumulative' as well as 'Non-cumulative' forms. |
| C. | The Bonds will have a maturity of 7 years . |
| D. | The Bonds are tradable in the secondary market |
| E. | None of the above |
| Answer» E. None of the above | |
| 24. |
The ratio between agricultural input and output accounts for agricultural productivity. In agriculture, crop yield is measured as a degree of the yield per unit area of the cultivated land and the seeds produced from the same crop. The reasons for low productivity of Agriculture are human factors i.e. lack of training and efficiency of formers, huge population, Traditional methods of cultivation, Problems of soils, Pests, Diseases, feeble cattle, Lack of credit facility, Inadequate Irrigation facilities, Unreliable Monsoon and Improper marketing of crops etc.
India's economy primarily depends on agriculture yield growth and their allied agro industry products. The agriculture yield prediction is the toughest task for agricultural departments across the globe. The agriculture yield depends on various factors. Particularly countries like India, majority of agriculture growth depends on rain water, which is highly unpredictable. Agriculture growth depends on different parameters, namely Water, Nitrogen, Weather, Soil characteristics, Crop rotation, Soil moisture, Surface temperature and Rain water etc.[S.1, Q.2]
|
| A. | Assam |
| B. | Bihar |
| C. | Uttar Pradesh |
| D. | Karnataka |
| E. | Maharashtra |
| Answer» E. Maharashtra | |
| 25. |
The ratio between agricultural input and output accounts for agricultural productivity. In agriculture, crop yield is measured as a degree of the yield per unit area of the cultivated land and the seeds produced from the same crop. The reasons for low productivity of Agriculture are human factors i.e. lack of training and efficiency of formers, huge population, Traditional methods of cultivation, Problems of soils, Pests, Diseases, feeble cattle, Lack of credit facility, Inadequate Irrigation facilities, Unreliable Monsoon and Improper marketing of crops etc.
India's economy primarily depends on agriculture yield growth and their allied agro industry products. The agriculture yield prediction is the toughest task for agricultural departments across the globe. The agriculture yield depends on various factors. Particularly countries like India, majority of agriculture growth depends on rain water, which is highly unpredictable. Agriculture growth depends on different parameters, namely Water, Nitrogen, Weather, Soil characteristics, Crop rotation, Soil moisture, Surface temperature and Rain water etc.[S.1, Q.1]
|
| A. | IBM |
| B. | HCL Technologies |
| C. | Wipro |
| D. | Infosys |
| E. | C-DAC |
| Answer» B. HCL Technologies | |