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

NABARD Grade A: Economic & Social Issues Questions

NABARD ESI Books, PDF, Previous Papers, Question Set, and study material. NABARD ESI Study Material PDF. Welcome to the Let’s Study Together online NABARD Grade-A Exam Section. Suppose you are preparing for the NABARD Grade-A Exam. In that case, you will come across a section on “Economic & Social Issues (ESI)” (with a focus on Rural India) wherein 40 questions will be there carrying 40 marks.

In the NABARD Grade-A exam, the Economic & Social Issues (ESI) section holds an important role as it is asked in both phases i.e. Phase I and II. Here we are providing you with “Important Economic & Social Issues (ESI) Questions” for the NABARD Grade A & B Exam based on the latest pattern of your daily practice to enhance your exam preparation!

NABARD Economic & Social Issues (ESI) Question | Set-13

Here we are providing you with “Important Economic & Social Issues (ESI) Questions” for NABARD Grade A & B Exam based on the latest pattern of your daily practice.

1. What amount has been approved for the project of Kosi – Mechi river interlinking by MOEFCC (Ministry of Environment, Forest and Climate Change)?

A. 4500 crore
B. 5000 crore
C. 4900 crore
D. 4200 crore
E. None of these

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Correct Answer – C. 4900 crore

Explanation- The Centre has approved the Rs 4,900 crore project for interlinking of Kosi and Mechi rivers of Bihar.

2. According to National Council of Applied Economic Research (NCAER), What will be India’s GDP Growth for FY21?

A. 6.7%
B. 7.3%
C. 7.0%
D. 6.9%
E. None of these

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Correct Answer – B. 7.3%

Explanation- The National Council of Applied Economic Research (NCAER) has said it sees the economy registering a contraction of 7.3 per cent in FY21. Releasing its ‘2020-21 Mid-Year Review of the Indian Economy’ at a webinar, the NCAER has forecast the annual CPI inflation at 6.7 per cent. It has revised its GDP growth forecasts for Q3 and Q4 to 0.1 per cent and 2 per cent, respectively. CPI headline inflation is forecast at 7 per cent in Q3 and 6.3 per cent in Q4. The NCAER GDP forecast of (-) 7.3 per cent for FY21 is only marginally higher than the RBI forecast of (-) 7.5 per cent.

3. Which act is to be replaced by the Consumer Protection Bill, 2019 that seeks to establish authorities for timely and effective administration and settlement of consumer disputes?

A. Consumer Protection Act, 1984
B. Consumer Protection Act, 1989
C. Consumer Protection Act, 1988
D. Consumer Protection Act, 1986
E. None of these

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Correct Answer – D. Consumer Protection Act, 1986

NABARD Economic & Social Issues (ESI) Study Material | Quizzes | Books | Paper PDF – Click Here

4. Which department has conducted India’s first national Time Release Study (TRS)?

A. Department of Investment and Public Asset Management of the Ministry of Finance
B. Department of Financial Services of the Ministry of Finance
C. Department of Revenue of the Ministry of Finance
D. Department of Economic Affairs of the Ministry of Finance
E. None of these

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Correct Answer – C. Department of Revenue of the Ministry of Finance

Explanation- The Department of Revenue, Ministry of Finance, as part of its strategic commitment to improving global trade, conducted India’s first national Time Release Study (TRS) between 1st – 7th August.

5. In which of the following places is the WTO headquartered?

A.  Austria, Vienna
B. Geneva, Switzerland
C.  Bonn, Germany
D. Buenos Aires, Argentina
E. Washington DC, USA

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Correct Answer – B.  Geneva, Switzerland

Explanation- Geneva, Switzerland, where the WTO headquarters is located, is a unique place, with many United Nations and other international organizations, as well as missions to the WTO.

6. The World Happiness Report is published by which of the following agencies/organizations?

A. UNDP
B. UN Sustainable Development solutions Network
C. IMF
D. WEF
E. World Bank

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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.

NABARD Agriculture & Rural Development (ARD)  | Quizzes | Books | Paper PDF – Click Here

7. In which of the following years was the Doha Development Agenda launched?

A. 2015
B. 2001
C. 1995
D. 2005
E. 2009

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Correct Answer – B. 2001

Explanation- The Doha Development Agenda was launched in the November 2001, which was at the 4th Ministerial Conference held in Doha, Qatar.
· The talks aimed at further liberalizing trade, whilst making it easier for developing countries, particularly Least Developed Countries (LDCs), to integrate into the WTO multilateral system.
· The Doha Round began with a ministerial-level meeting in Doha, Qatar in 2001. Subsequent ministerial meetings took place in Cancún, Mexico (2003), and Hong Kong (2005). Related negotiations took place in Paris, France (2005), Potsdam, Germany (2007), and Geneva, Switzerland (2004, 2006, 2008);

8. Which of the following is not one of the Principles of the Trading System of the WTO that form the foundation of the Multilateral Trading System?

A. Most-Favoured Nation Treatment
B. National Treatment: Treating locals and foreigners equally
C. Ensuring Fair Competition
D. Bringing in Transparency and Predictability
E. Formation of Regional Blocks for ensuring Free Trade Agreements

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Correct Answer – E.  Formation of Regional Blocks for ensuring Free Trade Agreements

Explanation- All the options except Option (e) form the Principles of the Trading System. Other Principles being:
(a)Encouraging Freer Trade through negotiations
(b)Encouraging Development and Economic Reforms

9. The Trade Facilitation Agreement (TFA) came into force in which of the following years?

A. 2013
B. 2017
C. 2016
D. 2009
E. 2014

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Correct Answer – B. 2017

Explanation- India became the 76th member to ratify the trade facilitation agreement (TFA) of the World Trade Organization. The TFA came into force on 22nd February 2017 with the ratification of two-third membership of the WTO.

10. The Reserve Bank of India (RBI) has released “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”. What is the minimum paid-up voting equity capital required for opening of Small Finance Bank?

A. Rs 600 crore
B. Rs 300 crore
C. Rs 200 crore
D. Rs 500 crore
E. Rs 100 crore

Show Correct Answers

Correct Answer: C. Rs 200 crore

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…….

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