Economic & Social Issues ESI Questions for NABARD Grade A Exam
Economic & Social Issues ESI Questions for NABARD Grade A Exam

  Important ESI Questions for NABARD Grade A Exam

NABARD Grade A exam preparation with Free ESI Questions Set. As we all know, the NABARD Grade A exam attracts thousands of aspirants every year and is also one of India’s most prestigious competitive exams. Among the various sections in the NABARD Grade-A exam, the Economic and Social Issues (ESI) section holds significant importance. The Economic and Social Issues (ESI) section is a vital part of the NABARD Grade A exam, contributing 40 marks in the phase-I and 100 marks in the phase-II.

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This article provides a detailed overview of the NABARD Grade A Economic and Social Issues ESI Questions Set, along with preparation strategies and the importance of the ESI section to help candidates excel in this NABARD Grade A exam. ESI Questions test the candidate’s understanding of India’s socio-economic challenges, policies, and developmental strategies.

Free Quiz of ESI Questions For NABARD Grade-A Exam | Set-25 


1. On which commission’s recommendations; Reserve Bank of India was established?

A. Chamberlain Commission
B. Hilton Young Commission
C. Keynes Commission
D. Reddy Commission
E. None of these

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Correct Answer: B. Hilton Young Commission

Explanation-RBI was established on 1 April 1935, based on recommendations of Hilton Young Commission.

2. Which of the following is not the work of RBI?

A. Bank of the banks
B. Credit controller
C. Custodian of foreign currency
D. Allocating funds directly to the farmers for agricultural development
E. None of these

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Correct Answer – D. Allocating funds directly to the farmers for agricultural development

Explanation-RBI allocates funds to NABARD for agricultural development. NABARD further allocates funds to farmers for agricultural development through rural banks and commercial banks.

3. Which of the following words is not used in Monetary Policy?

A. Cash reserve ratio
B. Repo Rate
C. Bank rate
D. Blue chip
E. None of these

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Correct Answer – D. Blue chip

Explanation- The term blue chip is not related to monetary policy. Blue chip is an adjective given to a company which provides assured profit.

4. Why World Bank was established?

A. To promote the International Trade
B. To reconstruct the economies damaged during the Second World War
C. To improve the adverse Balance of Payment situation of the non member countries
D. To promote the business loan
E. None of these

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Correct Answer: B. To reconstruct the economies damaged during the Second World War

Explanation- The prime motive behind the establishment of the World Bank was to provide long run capital to member countries for economic reconstruction and development of the ruined economies.

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5. Which of the following statement is correct?

A. Every member country of the IMF automatically becomes the member of the World Bank
B. The World Bank has 45 founder members
C. India is not the founding member of the World Bank
D. IMF is the part of World Bank group
E. None of these

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Correct Answer – A. Every member country of the IMF automatically becomes the member of the World Bank

Explanation- Every member country of the IMF automatically becomes the member of the World Bank. In the same way any member country which quits the IMF is automatically expelled from the membership of the World Bank.

6. Which of the following statements is not correct?

A. Both the IMF & IBRD have headquarters in Washington
B. ICSID is the constituent organisation of the World Bank Group
C. IBRD is known as World Bank also
D. India’s vote share in the International Monetary Fund is 10%
E. None of these

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Correct Answer – D. India’s vote share in the International Monetary Fund is 10%

Explanation-India’s share in the International Monetary Fund’s vote share is 2.64% of total votes while as on April 2018, India’s quota in the IMF is 2.76%.

7. Which of the following is not the function of the World Bank?

A. To provide long term loan to the member countries
B. To provide loan to private investors belonging to member countries on its own guarantee
C. To ensure exchange rate stability
D. To provides loan mainly for productive activities
E. None of these

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Correct Answer – C. To ensure exchange rate stability

Explanation-The World Bank is playing the main role in providing loans for the development works to the member countries. It provides long term loans for 5 to 25 years. Assurance of exchange rate stability is the function of IMF.

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8. Which of the following institutions is not part of the World Bank community?

A. IBRD
B. WTO
C. IDA
D. IFC
E. None of these

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Correct Answer –B. WTO

Explanation-WTO or World Trade Organisation is not part of the World Bank community. World Bank group is comprised of the five institutions i.e. International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID).

9. Who does receive largest share of total Indian exports?

A. America
B. United Arab Emirates
C. China
D. Britain
E. None of these

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Correct Answer –A. America

Explanation- India sends 13.69% of its total exports to the USA.

10. The Global Financial Stability Report is published by which among the following institutions?

A. World Bank
B. World Economic Forum
C. European Union
D. International Monetary Fund
E. None of these

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Correct Answer – D. International Monetary Fund

Explanation-  The Global Financial Stability Report provides an assessment of the global financial system and markets, and addresses emerging market financing in a global context. It focuses on current market conditions, highlighting systemic issues that could pose a risk to financial stability and sustained market access by emerging market borrowers. The Report draws out the financial ramifications of economic imbalances highlighted by the IMF’s World Economic Outlook. It contains, as special features, analytical chapters or essays on structural or systemic issues relevant to international financial stability. It is published by International Monetary Fund (IMF).

Solving NABARD Economic & Social Issues (ESI) Practice Questions will not only help you understand the level of questions in the NABARD Grade-A Exam but also give you a chance to learn the topics of the NABARD Grade A & B Exam syllabus.

Economic & Social Issues (ESI) Study Material – Practice Tests

The Economic and Social Issues (ESI) section is a high-weightage section in the NABARD Grade-A exam. In the real exam difficulty level of NABARD Grade A ESI Questions is moderate to high, but with consistent preparation, you can score well. With the right preparation, candidates can score well in this section, boosting their overall rank. Below you can practice with NABARD Grade-A ESI Questions –

Economic and Social Issues (ESI) Questions Test
ESI Questions Test-1 ESI Questions Test-2 ESI Questions Test-3
ESI Questions Test-4 ESI Questions Test-5 ESI Questions Test-6
ESI Questions Test-7 ESI Questions Test-8 ESI Questions Test-9
ESI Questions Test-10 ESI Questions Test-11 ESI Questions Test-12
ESI Questions Test-13 ESI Questions Test-14 ESI Questions Test-15
ESI Questions Test-16 ESI Questions Test-17 ESI Questions Test-18
ESI Questions Test-19 ESI Questions Test-20 ESI Questions Test-21
ESI Questions Test-22 ESI Questions Test-23 ESI Questions Test-24
ESI Questions Test-25 ESI Questions Test-26 More………

Best Economic & Social Issues ESI Book for NABARD Grade A Exam

At Let’s Study Together (LST), we understand our students’ requirements and keeping it in mind, the LST Team created a Very special “A Complete Book for NABARD Grade A Economic & Social Issues (ESI) – 4500+ Questions with Detailed Answers” to crack the NABARD Grade A & B exam. These questions are made by our experts after carefully examining previous years’ question papers of NABARD. If you prepare this thoroughly, you can very easily crack the NABARD ESI Section.

Best ESI Book for NABARD Grade A Exam 2025


The Economic and Social Issues (ESI) section is an important component of the NABARD Grade-A exam. By understanding the syllabus, practicing Economic and Social Issues ESI Questions, and staying updated with agriculture & rural current affairs, you can easily crack this section. Use the memory-based questions and preparation strategies provided in this article to enhance your NABARD Grade-A preparation and boost your chances of success.

NABARD Grade A & B Exam: Important Links
NABARD Grade A Official Notification NABARD Grade A Exam Pattern NABARD Grade A Exam Syllabus
NABARD Grade A & B Previous Year Questions Paper Best Books for NABARD – Grade A & B Exam NABARD Grade A Previous Year Cut Off Marks
Ultimate Book PDF for Agriculture & Rural Development (ARD) Ultimate Book PDF for Economic & Social Issues (ESI) Ultimate Book PDF for Decision Making (DM)
NABARD Grade A Online Mock Tests & eBooks Section-Wise Preparation Tips and Tricks to Crack NABARD Grade-A Exam How to prepare for NABARD Grade-A Exam– Preparation Tips and Tricks
NABARD Agriculture & Rural Development (ARD) Study Material NABARD Economic & Social Issues (ESI) Study Material More…….