RBI Grade B Officers Phase II Questions: Economics and Social Issues

RBI Grade B 2015 Economics & Social Issues Questions
Here are today’s 10 questions RBI Grade B Officers Phase II exam. Check your knowledge by answering these questions in the comments section below. We will post the answers in the same post.

Today’s RBI Grade B Officers Phase II: Economics and Social Issues

1.Which of the following term is not associated with Economy?
(A) Hindu Growth Rate
2.Which of the following does not characterize the business environment?

(A) Uncertainty
(B) Employees
(C) Relativity
(D) Complexity
3.What is the Full form of SLR?

(A) Statutory Liquidity Ratio
(B) Standing Liquidity Ratio
(C) Statutory Liquid Ratio
(D) Statutory Liquidity Rationing
4. Commodities Markets are regulated by?

5. The Government of India refers to the absolute poverty line in terms of –

(1) Household income
(2) Household investment
(3) Household savings
(4) Household consumption
6. __________, a provider company of multi-bank payment systems, announced that its Instant Money Transfer (IMT) service has received authorisation from the Reserve Bank of India (RBI).
(B) Empays
(C) Epay
(D) Mpay
7.Which of the following is NOT a Poverty Eradication Programme launched by the Govt.of India?

(1) Swarnjayanti Gram Swarozgar Yojana
(2) Jawahar Gram Samridhi Yojana
(3) National Social Assistance Programme
8.Planning Commission was constituted on

(A) 15 March, 1950
(B) 15 March, 1951
(C) 15 March, 1952
(D) 15 March, 1953

9.Inequalities in the distribution of income is measured by –

(A) Ogive curve

(B) Phillips curve

(C) Lorenz curve

(D) SI curve
10.The Indian Economy is characterised by
1. Pre-dominance of Agriculture
2. Pre-dominance of Industry
3. Low Per Capita Income
4. Massive Unemployment
Select your answer from the code given below
(A) 1 and 2 only
(B) 1, 2 and 3 only
(C) 2, 3 and 4 only
(D) 1, 3 and 4 only  
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Answers to above RBI Grade B questions:
1. D
2. B
3. A
4. D
5. A
6. B
7. D
8. A
9. C


    • Hi Yogesh

      Nice observation!
      FMC did merge with SEBI recently but as per the timeline in merger documents, FMC was regulating commodities till the writing of the question. The process of merger takes months and even years.