RBI GRADE ‘B’ OFFICER’S EXAM Held on : 18.12.2011 (Part-I)

31. Which of the following is considered Non Tax Revenue of the Government of India as projected in the Union Budget?

Correct Answer: (1) Income Tax

Solution:The revenue obtained by the government from sources other than tax is called Non-Tax Revenue.

32. What does the letter 'M' denote in the abbreviated term 'MRTP', an act which was applicable in India till recently?

Correct Answer: (4) Monopolies

Solution:Monopolies and Restrictive Trade Practices Act, 1969 ("the MRTP Act") stands repealed and is replaced by the Competition Act, 2002, with effect from September 1, 2009.

33. Which of the following is a popular women's Empowerment Programme in India ?

Correct Answer: (1) ASHA

Solution:ASHA or Accredited Social Health Activist.

34. We know that the Industrial sector plays an important role in the development of India. Which sector does not come under Industrial sector ?

Correct Answer: (4) Utilities

Solution:In economics, utility is a measure of satisfaction, referring to the total satisfaction
received by a consumer from consuming a good or service.

35. Who among the following is one of the Deputy Governors of the RBI ?

Correct Answer: (3) Dr. Subir Gokarn

Solution:Four deputy governors are K.C. Chakrabarty, Subir Gokarn, Anand Sinha, and H.R. Khan.

36. What does the term 'AAY' denote which is the short form of a Social Scheme launched by the Government of India?

Correct Answer: (3) Antodaya Anna Yojana

Solution:In order to make TPDS more focused and targeted towards this category of population, the “Antyodaya Anna Yojana” (AAY) was launched in December, 2000 for one crore poorest of the poor families.

37. Which of the following organizations of women in India will be arisen out of the confluence of three movements labour movement, coopera- tive movement and women's movement based on Gandhian Philosophy ?

Correct Answer: (4) SEWA

Solution:Self Employed Women's Association (SEWA) is a membership-based organisation of poor self-employed women workers.

38. The Second Green Revolution being planned in India will be launched basically in Eastern/ North Eastern states and will be based on production of--

Correct Answer: (5) Paddy

Solution:Rice is the main crop in Eastern States as well as valley areas of the North East.

39. Which of the following factors has now put a check on Migration of Agricultural Labourers from one place to another in India?

(1) Lack of irrigation facilities
(2) Low productivity of land
(3) Single crop cultivation
(4) Higher wages and availability of employment
(5) Launch of MGNREGA and availability of employment opportunities locally

Correct Answer: (5) Launch of MGNREGA and availability of employment opportunities locally

Solution:Launch of MGNREGA and availability of employment opportunities locally.

40. Which of the following Acts helps a bank in its day to day activities?

Correct Answer: (1) Competition Act

Solution:The Competition Act, 2002 was passed by the Parliament in the year 2002.