NABARD Grade A Exam ESI Questions for Phase I & II
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.
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-23
1. Which of the following resources are NOT Factors of Production?
A. Land
B. Entrepreneurship
C. Labour
D. Capital
E. Wages
2. Indian banking sector has been dealing with twin balance sheet problem, which refers to stressed, corporate and bank balance sheets. The increase in NPA of banks led to stress on balance sheets of banks, with the Public Sector Banks (PSBs) taking in more stress. What is the full form of NPA?
A. Non-Performing Assets
B. No-Performing Assets
C. National-Performing Assets
D. Nominal-Performing Assets
E. None of these
3. It is an international financial institution that provides loan to the countries of the world for capital programs –
A. World Bank
B. International monetary fund
C. World economic forum
D. Bank for International settlement
E. European central bank
4. There are three methods using which the National Income of a nation can be calculated. While using the Output/Value Added/Product method to calculate the National Income, which of the following is the precautions that should be taken? 1. Sale and Purchase of Second hand goods should not be included.
2. The value of Intermediate goods should be taken into account.
3. The value of goods produced for self-consumption should be included.
4. Domestic services and voluntary work done are to be excluded (exception: domestic services produced by paid employees)
A. 1, 2, 3
B. 2, 3, 4
C. 1, 3 ,4
D. 1 and 4
E. None of these
NABARD Economic & Social Issues (ESI) Study Material | Quizzes | Books | Paper PDF – Click Here |
5. The payments which are made by the government as financial aid in a social welfare programme is termed as __________.
A. Subsidies
B. Reserve Cash
C. Tax incentives
D. Transfer Payments
E. Public Distribution System
6. Which of the following state government has recently launched Mahatma Gandhi Sarbat Vikas Yojana for the welfare of the downtrodden citizens across the state?
A. Haryana
B. Punjab
C. Odisha
D. Maharashtra
E. None of these
7. Government of India has recently formulated which of the following schemes aimed to tackle the crisis of depleting ground water level?
A. Atal Jal Yojan
B. Atal Bhudhan Yojana
C. Atal Bhujal Yojana
D. Atal Neer Yojana
E. None of these
NABARD Agriculture & Rural Development (ARD) | Quizzes | Books | Paper PDF – Click Here |
8. Which of the following statement(s) is/are incorrect with regard to the ‘Capital Expenditure’ component of the Union Budget?
A. It is that part of total expenditure that leads to the creation of productive assets.
B. It is usually recurring in nature.
C. Examples of Capital Expenditure are Capital expenditure on defence and loans given by GOI to states.
D. All the above
E. None of these
Correct Answer – B. It is usually recurring in nature.
Explanation-Capital Expenditure is usually not recurring in nature.
9. BIMSTEC or the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is a regional organization which comprises of how many member states which lie near the Bay of Bengal?
A. 7
B. 6
C. 8
D. 9
E. None of these
10. When we say that a person has more money in his hand to save or to consume when compared to the previous year for example, then there is a definite increase in which of the following?
A. Personal Income of that person
B. Personal Disposable Income of that person
C. Taxes levied by the government
D. Taxes paid by that person
E. None of these
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 –
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.
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.
