Economic & Social Issues (ESI) Questions For NABARD Grade A Exam | Set-24

Correct Answer – B. UN Sustainable Development solutions Network

Explanation-World Happiness Report is published by the UN Sustainable Development solutions Network on the eve of International Day of Happiness (20 March). It ranks the countries based on factors such as inequality, life expectancy, GDP per capita, public trust (i.e. a lack of corruption in government and business), and social support. Together they are used to generate a happiness score of country on a scale from 1 to 10.

Correct Answer – D. All of the above

Explanation-Salient Provisions of PESA Act:

• In the Schedule areas, every village will have a Gram Sabha consisting of persons whose names are included in the electoral rolls for the Panchayats at the village level.

• In the schedule areas, there will be a minimum of 50% seats reservation for Scheduled Tribes (STs) at all the tiers of Panchayats.

• If the area has different tribal communities, the reservation of different tribal communities shall be on the basis of proportion to their population.

• The chairpersons at all levels of the Panchayats in Schedule areas shall be reserved for STs.

Correct Answer: E. Narsimhan committee

Explanation-• Various committees on Panchayati Raj:

• Balwant Rai Mehta: 1957

• V.T. Krishnammachari: 1960

• Takhatmal Jain Study Group: 1966

• Ashok Mehta Committee: 1977

• G.V.K. Rao Committee: 1985

• Dr. L.M. Singhvi Committee: 1986

Correct Answer – E. All the above

Explanation- India and South Africa have a long history of working together by coordinating their views and efforts in institutions of global governance/multilateral fora, in order to achieve greater autonomy and ensure that the agenda of ‘South’ is prioritised. For Example: BRICS (Brazil, Russia, India, China and South Africa), IBSA (India, Brazil, and South Africa), G20, Indian Ocean Rim Association (IORA) and World Trade Organisation (WTO).

Correct Answer – C. Growth is always accompanied by Development.

Explanation-The statement given in option (c) is incorrect as it is not necessary that development would always accompany growth.

Correct Answer – E. Both (b) and (c)

Explanation-Bank Rate is charged against loans offered by the central bank to commercial banks, whereas, Repo Rate is charged for repurchasing the securities sold by the commercial banks to the central bank. No collateral is involved while charging Bank Rate but securities, bonds, agreements and collateral is involved when Repo Rate is charged. Repo Rate is always lower than the Bank Rate.

Correct Answer –D. All of the above

Explanation-In 1989, the United Nations Development Programme (UNDP) recommended that 11th July be observed by the international community as World Population Day, a day to focus attention on the urgency and importance of population issues. Hence, statement A is not correct. UNDP was inspired by the public interest and awareness that was created by “Five Billion Day” on 11th July 1987 when the world’s population reached 5 billion. A resolution to the effect was passed, and the day was first marked on 11th July, 1990. The United Nations Population Fund (UNFPA) was created in 1969, the same year the United Nations General Assembly declared “parents have the exclusive right to determine freely and responsibly the number and spacing of their children. In 1987, it was officially renamed the United Nations Population Fund but the original abbreviation, ‘UNFPA’ for the United Nations Fund for Population Activities was retained. Hence, statement B is not correct. The UNFPA is a subsidiary organ of the UN General Assembly and works as a sexual and reproductive health agency.
The UN Economic and Social Council (ECOSOC) establishes its mandate. UNFPA works directly to tackle Sustainable Development Goals on health (SDG3), education (SDG4) and gender equality (SDG5). UNFPA is not supported by the UN budget, instead, it is entirely supported by voluntary contributions of donor governments, intergovernmental organizations, the private sector, foundations and individuals. Hence, statement C is not correct.

Correct Answer – A. Debtors

Explanation-  Inflation brings most benefits to debtors because people seek more money from debtors in order to meet the increased prices of commodities.