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40 Questions MCQ Test NABARD Grade B (Manager) Mock Tests Series - Test: Economic & Social - 8

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Test: Economic & Social - 8 - Question 1

Why are interest rates charged by Micro Finance Institutions (MFIs) higher than lending rates of banks?

Test: Economic & Social - 8 - Question 2

KYC means

Test: Economic & Social - 8 - Question 3

Which of the following is not a programme/agency of the Union Ministry of Finance?

Test: Economic & Social - 8 - Question 4
Assume that Reserve Bank of India reduces the bank rate by 1%, what will be its impact?
Test: Economic & Social - 8 - Question 5
In relation to banking, what do you understand by 'Ever-Greening of loan Account' ?
Test: Economic & Social - 8 - Question 6
In which of the following state owned air lines, the government has for the first time allowed Foreign Direct Investment (FDI) with a limit of 49 percent under approval route?
Test: Economic & Social - 8 - Question 7
What is the current Marginal Standing Facility (MSF) Rate?
Test: Economic & Social - 8 - Question 8
What are the environmental risks likely to happen in 2018, As per World Economic Forums’s (WEF’s) Global Risks Report 2018, published on January 17, 2018?
Test: Economic & Social - 8 - Question 9
In an effort to safeguard the world from hackers and secure global cyberspace, the World Economic Forum (WEF) has announced the launch of a new Global Centre for Cybersecurity. The headquarter of the centre will be located in which city?
Test: Economic & Social - 8 - Question 10
According to the 2018 Global Economics Prospect released by the World Bank, what is the projected GDP growth rate of India for the year 2018?
Test: Economic & Social - 8 - Question 11
The Group of Monuments at Hampi have been selected as one of the 10 tourist destinations to be developed as ‘Iconic Tourism Site’ as stated in the Union Budget 2018-19. Hampi monuments are located in which state?
Test: Economic & Social - 8 - Question 12
India has emerged as the top borrower from the Asian Infrastructure Investment Bank (AIIB) in the year 2017 with loan amount worth of USD _____billion
Test: Economic & Social - 8 - Question 13
Ministry of Water Resources, River Development and Ganga Rejuvenation and the Government of India has signed a Memorandum of Understanding (MoU) with which two states for completion of balance works of North Koel reservoir project at an estimated cost of Rs. 1622.27 crore?
Test: Economic & Social - 8 - Question 14
Which State Government announced that it would be obtaining electric vehicles under the Central Government’s Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme?
Test: Economic & Social - 8 - Question 15
Union Ministry of Road Transport and Highways signed a memorandum of understanding (MoU) with the Transport System of which country, to revamp the public transport system in India?
Test: Economic & Social - 8 - Question 16
Which of the following is the leading export item among Indian Plantaion Crops?
Test: Economic & Social - 8 - Question 17
The "Year of Great Divide" refers to
Test: Economic & Social - 8 - Question 18
Which measure comes under quantitative credit controls adopted by Central Bank of the Country ?
Test: Economic & Social - 8 - Question 19
In 1955, Imperial Bank of India, a leading commercial bank of that time, was nationalised and renamed as:
Test: Economic & Social - 8 - Question 20
'Budget' is an
Test: Economic & Social - 8 - Question 21
The logo of Census 2001 contains:
Test: Economic & Social - 8 - Question 22
The Kisan Credit Card Scheme, introduced in 1998-99,is an innovative mechanism for facilitating.....:
Test: Economic & Social - 8 - Question 23
Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development. But if it fails, it generates:
Test: Economic & Social - 8 - Question 24
Which of the following States has the largest reserves of Lignite?
Test: Economic & Social - 8 - Question 25
Hawala transations relate to payments :
Test: Economic & Social - 8 - Question 26
The prices at which the govt purchases food grains for maintaining the Public Distribution System and for building up buffer-stocks is known as :
Test: Economic & Social - 8 - Question 27
Which one of the following denotes the size of an operational holding in Indian Agriculture ?
Test: Economic & Social - 8 - Question 28
Consider the following countries :
1. U.K.
2. U.S.A.
3. Russia
4. Germany
The correct sequence of the major Indian exports to these countries in decreasing order of value in the year 1997-98 is
Test: Economic & Social - 8 - Question 29
Price mechanism is a feature of-
Test: Economic & Social - 8 - Question 30
The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly.
Assertion (A) : Productivity of land in India is low.
Reason (R) : Small farmers are not motivated to produce more.
Test: Economic & Social - 8 - Question 31
Which one of the following is represented by M₃ ?
Test: Economic & Social - 8 - Question 32
Which one of the following series of consumer price index is NOT used in India for monitoring the movement in retail price ?
Test: Economic & Social - 8 - Question 33
Consider the following :
Companies (Second Amendment) Act, 2002 provides for the constitution of a Natioanl Company Law Tribunal (NCLT). The NCLT will now be the common forum for companies replacing which of the following existing forums ?
1. Company Law Board (dispute resolution and compliance with certain provisions of the companies Act, 1956).
2. Board for Industrial and Financial Reconstruction (review and rehabilitation of sick companies)
3. High Courts (winding up of companies)
Select the correct answer using the codes given below :
Test: Economic & Social - 8 - Question 34
Agricultural productivity is low both on the basis of per worker as well as per hectare of land . The reasons are
1. pressure of population
2. small size of population
3. preponderance of subsistence of farming
4. high capital base
Choose your answer from the following codes :
Test: Economic & Social - 8 - Question 35
Consider the following statements with respect to measures adopted by the Government of India to control black income:
1. Voluntary disclosure scheme
2. Issue of five hundred rupee notes
3. Issue of special bearer bond on nominal rate of interest
4. Privatisation of economy
Which of the statements given above are correct?
Test: Economic & Social - 8 - Question 36
The Committee on Capital Account Convertibility (1997) set up by RBI was headed by
Test: Economic & Social - 8 - Question 37
Consider the following statements : India continues to be dependent on imports to meet the requirement of oilfeeds in the country because.
1. Farmers prefer to grow food grains with highly remunerative support prices
2. Most of the cultivation of oilseed crops continues to be dependent on rainfall.
3. Oils from the seeds of tree origin and rice bran have remained unexploited
4. It is far cheaper to import oilseeds than to cultivate the oilseed crops.
Which of the statement given above are correct ?
Test: Economic & Social - 8 - Question 38
Exemption from the entertainment tax is granted if the entire proceeds are devoted to
1. Postal savings
2. Shares in new industrial undertakings
3. Charitable purposes
4. Redemption of debt
Select the correct answer using the codes given below :
Codes :
Test: Economic & Social - 8 - Question 39
The growth rate of per capita income at current prices is higher than that of the per capita income at constant prices because the latter takes into account the rate of :
Test: Economic & Social - 8 - Question 40
A major shift in the 8th five year plan from its preceding ones is
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