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NABARD Assistant Manager Grade 'A' Mock Test - 2 - Bank Exams MCQ


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30 Questions MCQ Test NABARD Assistant Manager Grade A Mock Test Series 2024 - NABARD Assistant Manager Grade 'A' Mock Test - 2

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NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 1

Direction: Read the following information carefully and answer the given questions

There are seven employees Aman, Bala, Chetan, Pratik, Deepak, Rahul and Shailesh. They live on seven different floors of a building. The Lowermost floor is numbered as 1 and the topmost floor is numbered as seven. They are of different age i.e. 22, 49, 64, 25, 38, 50 and 53 but not necessarily in the same order. Deepak is three years younger than Aman. Pratik lives immediately below the one who is 38 years old and his age is perfect square as well as divisible by 5. Rahul lives on an odd-numbered floor and his age is a perfect square. Shailesh who is the third youngest person lives on the fourth floor. Deepak lives just above Aman but not on the second floor. Chetan lives on an odd-numbered floor and his age is a perfect cube. Aman does not live on an even number floor. The one who is the oldest does not live on the top floor.

Q. Who among the following is the second oldest employee?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 1
1) Shailesh who is the third youngest person lives on the fourth floor.

2) Pratik lives immediately below the one who is 38 years old and his age is perfect square as well as divisible by 5.

3) Deepak lives just above Aman but not on the second floor. Aman does not live on an even number floor. (From this we can conclude that Deepak lives on the sixth floor and Aman lives on the fifth floor)

4) Chetan lives on an odd-numbered floor and his age is a perfect cube. (Chetan’s age is 64 that means he is oldest)

5) The one who is the oldest does not live on the top floor.

6) Rahul lives on an odd-numbered floor and his age is a perfect square.

7) Deepak is three years younger than Aman. (So there is only one possibility is left Deepak – 50 years and Aman – 53 years)

Hence, Aman is the second oldest employee.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 2

Study the following information carefully and answer the below questions.

Eight people are A, B, C, D, E, F, G, and H living in a building which has four floors numbered as 1 to 4 from bottom to top. Each floor has two flat 1 and flat 2, where flat 2 is to the east of flat 1. Only one person is living in each flat of the building but not necessarily in the same order.

E lives on an even numbered floor but not in an even numbered flat. D lives two floors above F. Neither A nor H lives on the same floor. B doesn’t live on the same floor of G. A lives northwest of F who lives immediately below H. C lives one of the floors above E. Only one person lives between E and G both are living on the same numbered flat.

Q. Which of the following statement(s) is/are true with respect to A?

I. A lives west of D

II. A lives on an odd numbered floor

III. A lives on the same floor of E

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 2
E lives on an even numbered floor but not in an even numbered flat. We will have two cases

E lives at flat no. 1 of either floor no. 4 or 2.

Only one person lives between E and G both are living on the same numbered flat. So, G lives either at floor no. 4 or 2.

Neither A nor H lives on the same floor. A lives northwest of F who lives immediately below H. So, A lives at flat 1 of floor no. 3. H and F live at flat 2 of floor no. 2 and 1 respectively.

D lives two floors above F. D lives at flat 2 of floor no. 4.

C lives one of the floors above E. Case 1 will get discarded.

C lives at flat 2 of floor no. 3.

B lives at flat 1 of floor no. 1.

Final arrangement as shown below:

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NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 3

Read the following passage carefully and answer the questions given below it. Certain words/ Phrases have been printed in bold to help you locate them while answering some of the questions.

Economists have spent most of the 20th century ignoring psychology, positive or otherwise. But today there is a great deal of emphasis on how happiness can shape global economies, or — on a smaller scale — successful business practice. This is driven, in part, by a trend in "measuring" positive emotions, mostly so they can be optimized. Neuroscientists, for example, claim to be able to locate specific emotions, such as happiness or disappointment, in particular areas of the brain. Wearable technologies, such as Spire, offer data-driven advice on how to reduce stress.

We are no longer just dealing with "happiness" in a philosophical or romantic sense — it has become something that can be monitored and measured, including by our behavior, use of social media and bodily indicators such as pulse rate and facial expressions.

There is nothing automatically sinister about this trend. But it is disquieting that the businesses and experts driving the quantification of happiness claim to have our best interests at heart, often concealing their own agendas in the process. In the workplace, happy workers are viewed as a "win-win." Work becomes more pleasant, and employees, more productive. But this is now being pursued through the use of performance-evaluating wearable technology, such as Humanyze or Virgin Pulse, both of which monitor physical signs of stress and activity toward the goal of increasing productivity.

Cities such as Dubai, which has pledged to become the "happiest city in the world," dream up ever-more elaborate and intrusive ways of collecting data on well-being — to the point where there is now talk of using CCTV cameras to monitor facial expressions in public spaces. New ways of detecting emotions are hitting the market all the time: One company, Beyond Verbal, aims to calculate moods conveyed in a phone conversation, potentially without the knowledge of at least one of the participants. And Facebook [has] demonstrated . . . that it could influence our emotions through tweaking our news feeds — opening the door to ever-more targeted manipulation in advertising and influence.

As the science grows more sophisticated and technologies become more intimate with our thoughts and bodies, a clear trend is emerging. Where happiness indicators were once used as a basis to reform society, challenging the obsession with money that G.D.P. measurement entrenches, they are increasingly used as a basis to transform or discipline individuals.

Happiness becomes a personal project, that each of us must now work on, like going to the gym. Since the 1970s, depression has come to be viewed as a cognitive or neurological defect in the individual, and never a consequence of circumstances. All of this simply escalates the sense of responsibility each of us feels for our own feelings, and with it, the sense of failure when things go badly. A society that deliberately removed certain sources of misery, such as precarious and exploitative employment, may well be a happier one. But we won't get there by making this single, often fleeting emotion, the over-arching goal.

Q. According to the author, Dubai:

(A) develops sophisticated technologies to monitor its inhabitants’ states of mind.

(B) incentivises companies that prioritise worker welfare.

(C) is on its way to becoming one of the world’s happiest cities.

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 3
Option 1 is clearly stated in the second paragraph of the passage. The second para says:
  • Cities such as Dubai, which has pledged to become the "happiest city in the world," dream up ever-more elaborate and intrusive ways of collecting data on well-being — to the point where there is now talk of using CCTV cameras to monitor facial expressions in public spaces…

  • Thus, option 1 is the right choice. There is no evidence for option 2 , while option 3 says that it is on its way to becoming one of the world’s happiest cities. However, the passage says that Dubai wants to become. It doesn’t mean that it is likely to become the happiest city in the world.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 4

In the following passage, some of the words have been made bold, each of which is preceded by a number. Find the suitable word from the options given below that could replace the bold word so as to make the paragraph meaningful.

The National Stock Exchange (NSE), the country's largest equities and derivatives exchange, was earlier this month fined for laxity in governance ________ (1) ________ (making) to actions taken during the tenure of its former MD and CEO Chitra Ramkrishna. Markets regulator SEBI _________ (2) _______ (rolls out) a 190-page order sanctioning the NSE, Ms. Ramkrishna, her predecessor Ravi Narain and a former Group Operating Officer Anand Subramanian, whose ________ (3) ________ (persistence) by Ms. Ramkrishna was the primary matter under investigation, and _________ (4) __________ (related) financial penalties on each of them. However, the regulator too has come under a cloud for not acting quickly enough on the complaints it had received against the NSE management and on forensic audit reports that had shown irregularities in Ms. Ramkrishna’s _________ (5) _________ (weaving) of her professional duties. In setting the context for its order, SEBI noted that the NSE was a systemically important market infrastructure institution (MII).

Q. Fill in blank 1 with the appropriate word. If the word in bold is appropriate, mark option 5 ‘No replacement required’ as the answer.

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 4
Here, ‘pertaining’ is the correct word.

‘pertain to something’ means ‘to be connected with a particular subject, event, or situation’.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 5

Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer. If there is no error, mark "No Error" as your answer. (Ignore the errors of punctuation, if any).

Many studies have pointed out that (A) / babies born via C-section have (B) / less bacterial exposure, which in turn alterates (C) / their immunity and gut microbiome diversity. (D) / No Error (E)

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 5
Alternates is no word. Word should be ALTERS.

Many studies have pointed out that babies born via C-section have less bacterial exposure, which in turn alters their immunity and gut microbiome diversity.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 6

In the question given below, three sentences are given, each of which has two words highlighted in bold. Choose the word in each sentence that fits appropriately in the context, and select the right option.

1. We must (A)prey/(B)pray to the Almighty for forgiveness.

2. Jeans are (A)popular/(B)populous among the young.

3. The government was determined to (A)precede/(B)proceed with the election.

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 6
The correct answer is BAB.

Key Points:

  • In sentence 1, it's said that we must offer our prayers to Almighty for forgiveness. So, 'pray' which means address a prayer to God or another deity. So, 'pray' is the correct word in sentence 1.

  • In sentence 2, it's said that jeans are admired among the young. So, 'popular' means liked or admired by many people or by a particular person or group. So, 'popular' is the correct word in sentence 2.

  • In sentence 3, the government wanted to begin with the elections. So, 'proceed' means begin a course of action. So, 'proceed' is the correct word in sentence 3.

Additional Information:

Let us know the meaning of other words:

  • prey - an animal that is hunted and killed by another for food.

  • populous - having a large population; densely populated.

  • precede - come before (something) in time.

So the correct sentences are -

  • We must pray to the Almighty for forgiveness.

  • Jeans are popular among the young.

  • The government was determined to proceed with the election.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 7

In Computer network, What does OSI stands for?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 7
The correct answer is Open Systems Interconnection.

Key Points:

  • OSI means Open Systems Interconnection.
  • The OSI Model is a conceptual framework used to describe the functions of a networking system.
  • The OSI model characterizes computing functions into a universal set of rules and requirements.
  • It has been developed by ISO that is the International Organization of Standardization.
  • This model was developed in 1984.
  • OSI consists of seven layers, and each layer performs a particular network function.
  • All these 7 layers work collaboratively to transmit the data from one person to another across the globe.

Important Points:

Description of each layer in the OSI Model

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 8

In the context of decision making biases, is the overreliance on an initial single piece of information or experience to make subsequent judgments?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 8
The correct answer is Anchoring Bias.

Key Points:

  • Biases can become a major obstacle when it comes to decision making.

  • It distorts and disrupts objectivity on an issue, because there is always an influence of a bias in the decision-making process.

  • The most common cognitive biases are confirmation, anchoring, halo effect, and overconfidence.

  • Confirmation bias: This bias occurs when decision makers seek out evidence that confirms their previously held beliefs, while discounting or diminishing the impact of evidence in support of differing conclusions.

  • Anchoring bias: This is the overreliance on an initial single piece of information or experience to make subsequent judgments. Once an anchor is set, other judgments are made by adjusting away from that anchor, which can limit one’s ability to accurately interpret new, potentially relevant information.

  • Halo effect: This is an observer’s overall impression of a person, company, brand, or product, and it influences the observer’s feelings and thoughts about that entity’s overall character or properties. It is the perception, for example, that if someone does well in a certain area, then they will automatically perform well at something else regardless of whether those tasks are related. Hence, Option 1 is correct.

  • Overconfidence bias: This bias occurs when a person overestimates the reliability of their judgments. This can include the certainty one feels in her own ability, performance, level of control, or chance of success.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 9

Which of the following is not a feature of a strategic decision?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 9
Strategic decisions are important which affect objectives, organisational goals and other important policy matters. These are taken by the top management and are non-repetitive in nature, have long term horizon, are future oriented and centralised.
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 10

When an individual takes decision as an executive in the official capacity, it is known as ____________ decision.

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 10
When an individual takes decision as an executive in the official capacity, it is known as organisational decision. If decision is taken by the executive in the personal capacity (thereby affecting his personal life), it is known as personal decision.
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 11

Decision making is ____________

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 11
Decision making is selection (or choosing) of a course of action from among two or more possible alternatives in order to arrive at a solution for a given problem
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 12

In which Indian state was the rare golden tiger recently spotted?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 12

The golden tiger, a rare Bengal tiger morph, was recently spotted in Kaziranga National Park in Assam, as showcased in a captivating video shared by the Assam Chief Minister's Office, highlighting the state's rich wildlife diversity.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 13

With whom did SIDBI collaborate to introduce the 'Sumpoorn' MSME Economic Activity Index?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 13

SIDBI partnered with Jocata, a digital lending transformation platform, to launch the innovative 'Sumpoorn' MSME Economic Activity Index, offering a real-time snapshot of India’s essential MSME sector, contributing significantly to the country’s Gross Value Added (GVA) and exports.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 14

Which of the following is the major objective of Rashtriya Gram Swaraj Abhiyan?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 14
Rashtriya Gram Swaraj Abhiyan (RGSA) was approved by the Union Cabinet in April 2018 for implementation from FY19 to FY22 with the primary aim of strengthening Panchayati Raj Institutions (PRIs) for achieving SDG’s with the main thrust on convergence with Mission Antyodaya and emphasis on strengthening PRI’s in the 117 Aspirational Districts.
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 15

Which organization, in collaboration with Lockheed Martin, recently unveiled the X-59 supersonic jet, capable of speeds up to 925 mph and designed to produce quieter sonic booms, redefining supersonic travel?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 15

NASA, in collaboration with Lockheed Martin, unveiled the X-59 supersonic jet, a significant step in redefining supersonic travel with its capability of speeds up to 925 mph and quieter sonic booms.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 16

With a vision to make India an energy-independent nation, and to de-carbonise critical sectors, the Government approved the National Green Hydrogen Mission on January 4, 2023 with an initial outlay of ________.

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 16
With a vision to make India an energy-independent nation, and to de-carbonise critical sectors, the Government approved the National Green Hydrogen Mission on January 4, 2023 with an initial outlay of ?19,744 crore. The Mission will facilitate demand creation, production, utilisation and export of Green Hydrogen and mobilisation of over ?8 lakh crore of investment by 2030.
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 17

The total net value of all goods and services produced within a nation over a specified period of time, representing the sum of wages, profits, rents, interest, and pension payments to residents of the nation is called_______.

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 17
The correct answer is National Income.

Key Points:

  • National Income: National Income is the net output of goods and services flowing during a particular time from a country's productive system into the hands of ultimate consumers, or added to the country's stock of capital goods.

  • National income is a flow and not a stock.

Additional Information

  • Disposable income: It is the income that an individual can spend after paying direct tax liabilities.

  • Disposable income = Personal Income - direct taxes (eg. Income tax)

  • If the whole disposable income is not spent some part is saved then,

  • Disposable income = Consumers Expenditure + Savings

  • Per capita income: Per capita income is the amount of money that is being earned per person in a certain area.

  • PCI of a country = National Income / Population of the country.?

  • Net National Income (NNI): NNP - Indirect taxes (eg. excise duty)

  • NNP (Net National Product) : GNP - Depreciation

  • GNP: Gross National Product is the sum of the money of all the final goods and services produced both within and outside of a country by nationals during a specific period of time.

  • GNP includes remittances.

  • It excludes income generated locally by non-nationals.

  • Depreciation is a fixed capital due to wear and tear.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 18

In which category has Nisha Pahuja's film 'To Kill a Tiger' been nominated for the Oscars 2024?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 18

Nisha Pahuja's 'To Kill a Tiger' has earned an Oscars 2024 nomination in the Best Documentary category. The documentary centres around an Indian farmer's legal battle for justice after his daughter's brutal sexual assault, emphasizing the film's societal impact.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 19

With reference to the National Monetisation pipeline (NMP), consider the following statements.

  1. It is an effort to list out the government’s infrastructure assets to be sold over the next four years.

  2. Currently, only assets of central government line ministries and CPSEs in infrastructure sectors have been included.

  3. Monetization through disinvestment and monetization of non-core assets is also included in the NMP.

Q. Which of the statements given above is/are correct?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 19
The correct answer is 1 and 2 only.

In News:

  • ?The Centre launched the National Monetisation pipeline (NMP) in an effort to list out the government’s infrastructure assets to be sold over the next four years. Hence, statement 1 is correct.

Key Points

Key features:

  • The four-year National Monetisation Pipeline (NMP) will unlock value in brownfield projects by engaging the private sector, transferring to them the rights but not the ownership in projects.

  • Components: Roads, railways and power sector assets will comprise over 66 per cent of the total estimated value of the assets to be monetised, with the balance coming from sectors including telecom, mining, aviation, ports, natural gas and petroleum product pipelines, warehouses and stadiums.

The Framework:

  • Currently, only assets of central government line ministries and CPSEs in infrastructure sectors have been included. Hence, statement 2 is correct.

  • Monetization through disinvestment and monetization of non-core assets have not been included in the NMP. Hence, statement 3 is not correct.

The objective of the programme:

  • To unlock the value of investments in brownfield public sector assets by tapping institutional and long-term capital, which can thereafter be leveraged for public investments.

  • To enable ‘Infrastructure Creation through Monetisation’ wherein the public and private sector collaborate, each excelling in their core areas of competence, so as to deliver socio-economic growth.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 20

Who inaugurated the 'Unmesha' International Literature Festival and the 'Utkarsh' Festival of Folk and Tribal Performing Arts in Bhopal, Madhya Pradesh?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 20

The President of India, Smt Droupadi Murmu, inaugurated the 'Unmesha' International Literature Festival and the 'Utkarsh' Festival of Folk and Tribal Performing Arts in Bhopal, Madhya Pradesh. The 'Unmesha' festival celebrates international literature, while the 'Utkarsh' festival celebrates folk and tribal performing arts. The 'Unmesha' festival is organized by Sahitya Akademi, and the 'Utkarsh' festival is organized by Sangeet Natak Akademi.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 21

What was Namdeo Dhondo Mahanor best known for?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 21

Namdeo Dhondo Mahanor was noted for his poems and lyrics for Marathi movies, showcasing his significant contributions to Marathi literature and the arts. Namdeo Dhondo Mahanor was awarded the Padma Shri in 1991 for his notable contributions to the field of literature and his impact on Marathi culture.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 22

What is the purpose of the newly introduced Ayush (AY) visa category by the Ministry of Home Affairs?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 22

The Ayush (AY) visa category introduced by the Ministry of Home Affairs aims to allow foreign nationals to receive medical treatment under Ayush systems/Indian systems of medicine, including therapeutic care, wellness, and Yoga.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 23

What is the primary objective of the partnership between Axis Bank and Kiwi in offering lifetime free Axis Bank KWIK virtual credit cards through the Kiwi app?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 23

The partnership aims to provide customers with the convenience of UPI's fast and secure payments while enjoying the benefits of credit and card rewards, merging UPI's convenience with credit card features.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 24

What significant achievement has recently been recorded at the Assam State Zoo?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 24

The Assam State Zoo recently achieved the successful breeding of a Himalayan Vulture in captivity, which is a significant achievement for wildlife conservation. Successful breeding is the second instance in the world, after France, where these vultures have been bred in captivity. The Himalayan Vulture is categorized as 'Near Threatened' according to its conservation status.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 25

Which of the following is an example of a bacterial disease of poultry?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 25
The Correct Answer is Fowl Cholera.

Important Points

Poultry diseases:

Additional Information:

  • Fowl Cholera is an infectious disease of birds caused by the bacterium Pasteurella multocida.
  • It is a non-motile, gram-negative bacteria, belonging to the family Pasteurellaceae.
  • The susceptible birds are chickens & turkeys.
  • The symptoms include swelling of the face or wattles, discharge from the nostrils, mouth, and eyes which may become “cheesy”, laboured breathing, and, in some cases, lack of coordination.
  • It increases the mortality rate of birds.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 26

The Union Ministry of Rural Development will launch Aajeevika Grameen Express Yojana (AGEY), a sub-scheme under _______

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 26
The Union Ministry of Rural Development will launch Aajeevika Grameen Express Yojana (AGEY), a sub-scheme under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). AGEY aims to provide an alternative source of livelihood to members of Self Help Groups (SHGs) by facilitating them to operate public transport services in backward rural areas. AGEY will provide safe, affordable and community monitored rural transport services like e-rickshaws, 3 and 4 wheeler motorised transport vehicles to connect remote villages.
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 27

"Rythu Bandhu Scheme" is launched by which of the following state?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 27
The correct answer is Telangana

In News:

Recently, the Telangana state government released Rs 544 crore towards the first instalment for the implementation of the Rythu Bandhu scheme for next season.

Key Points

Rythu Bandhu scheme:

  • Rythu Bandhu means ‘Friend of Farmer’.

  • It is a scheme of the Telangana government under which the state government extends financial support to land-owning farmers at the beginning of the crop season through direct benefit transfer.

  • It was announced by the Chief Minister of Telangana in February 2018.

  • It is the first-ever farmer investment support scheme in India, where the cash is paid directly.

  • It provides a grant of Rs. 5,000 per acre per farmer for both Kharif and Rabi seasons for the purchase of inputs such as seeds, fertilizers, pesticides, labour and other investments.

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 28

Desert Soils are classified under____

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 28
Aridisols form in an arid or semi-arid climate. Aridisols dominate the deserts and xeric shrublands, which occupy about one third of the Earth's land surface.
NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 29

Under Pradhan Mantri Fasal Bima Yojana (PMFBY), What is the Premium % for Kharif crops?

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 29
The correct answer is 2%.

Key Points:

  • Pradhan Mantri Fasal Bima Yojana (PMFBY) announced in Kharif in 2016, provides the risk of loss of yield to standing crops (sowing to harvesting).
  • There is a total of 18 insurance companies involved in PMFBY.
  • Post-harvest losses are covered under PMFBY 14 days from the date of harvesting.
  • Insurance companies have to pay a 12% interest rate per annum for delays in settlement claims.
  • Premium subsidy sharing pattern: Centre and north Easter states 90:10 and remaining states 50:50.

Additional Information

Premium rates:

NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 30

National Agriculture Market (e-NAM) is developed by ________

Detailed Solution for NABARD Assistant Manager Grade 'A' Mock Test - 2 - Question 30
The correct answer is Nagarjuna Fertilizers and Chemicals Limited (NFCL)

Key Points:

  • National Agriculture Market (e-NAM) is an online trading platform for agricultural produce aiming to help farmers, traders, and buyers with online trading and get a better price through smooth marketing.

  • National Agriculture Market (e-NAM) is developed by Nagarjuna Fertilizers and Chemicals Limited (NFCL).

  • Launched on April 14th 2016, it is driving agricultural trade towards the objective of remunerative prices for farmers by plugging the rampant trade malpractices in mandis.

  • It is managed by Small Farmers’ Agribusiness Consortium (SFAC) under the Department of Agriculture, Cooperation and Farmers’ Welfare.

Objectives:

  • To promote genuine price discovery Increases farmers’ options for sale and access to markets.

  • Liberal licensing of traders /buyers and commission agents

  • Harmonization of quality standards of agricultural produce

  • Single point levy of market fees, i.e. on the first wholesale purchase from the farmer.

  • To promote stable prices and availability of quality products to consumers.

  • Provision of Soil Testing Laboratories in/or near the selected mandi.

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