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Most of questions were compiled based on memory and inputs from various resources

Question 1 : Who is the Chief/president of NDB ?


Answer : K V Kamath
http://ndbbrics.org/
Question 2 : National Mission for Green India
Answer : Options were regarding Forest area cover.
http://www.envfor.nic.in/major-initiatives/national-mission-green-india-gim
Question 3 : Who is the author of Poor Economics ?
Answer : Abhijit Banerjee, Esther Duflo
http://www.pooreconomics.com/about-book/authors
Question 4 : Which of the following things were not covered under Bali trade Agreement ?
Answer : Emerging Nations. (Other Options : Agriculture, Trade facilitation and Services)
https://www.wto.org/english/thewto_e/minist_e/mc9_e/bali_texts_combined_e.pdf
Question 5 : Which of the following is one of the objectives of NMP ?
Answer : Easing of regulatory norms. (Other Opyions : Target 35% of GDP by Manufacturing, Creating 10
million Jobs, 45% of exports from Manufacturing)
http://www.makeinindia.com/policy/national-manufacturing
Question 6 : Measurement of GDP ?
Answer : Options (Taxes : Direct and Indirect, Base year 2 values both were wrong, one option I couldnt
remember)
http://www.forbes.com/sites/timworstall/2015/04/18/indias-change-in-gdp-calculation-method-seemshighly-sensible/
Question 7 : Urban Population and their share in GDP
Answer : 30% and 65%
http://www.business-standard.com/article/news-cm/urban-population-to-contribute-70-75-of-india-sgdp-by-2020-barclays-114032000273_1.html

Population Link :
http://planningcommission.nic.in/data/datatable/data_2312/DatabookDec2014%20300.pdf
Question 8 : India Improved ranking in global competitive index from ?
Answer 71 to 55
http://economictimes.indiatimes.com/news/economy/indicators/india-up-16-places-to-55th-on-globalcompetitiveness-index/articleshow/49162960.cms
Question No 9 : What is not a feature of Payment Bank ?
Answer : Providing no credits to account holders
https://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=32615
http://gadgets.ndtv.com/internet/features/what-are-payment-banks-what-they-can-and-cannot-doand-who-will-they-affect-730073
Question 10 : Order of formation of banking institutions :
Answer RRB,NABARD,SHG,KCC
https://en.wikipedia.org/wiki/Regional_Rural_Bank
https://en.wikipedia.org/wiki/National_Bank_for_Agriculture_and_Rural_Development
https://en.wikipedia.org/wiki/Self-help_group_(finance)
https://en.wikipedia.org/wiki/Kisan_Credit_Card
Question 11 : Mudra Bank Aims at ?
Answer : Loan to bottom pyramid entrepreuners
http://indiatoday.intoday.in/story/pm-narendra-modi-mudra-bank-loan-fund-arunjaitley/1/429013.html
Question 12 : World Happiness Index is prepared by ?
Answer : United Nations Sustainable Development Solutions Index (Other Options : World Bank, UNDP,
UN)
http://worldhappiness.report/
Question 13 : PMJDY
Answer : Overdraft (Other Options were : Life insurance, acess to pension )

http://www.pmjdy.gov.in/home

Question 14 : Who is the chairman of 14th FC ?


Answer : Y V Reddy
http://fincomindia.nic.in/ShowContentOne.aspx?id=3&Section=1
Question 15 : Who heads Skill development council in NITI Aayog
Answer : RBI May scrap this question as all options were wrong
(Mani Sarkar (headed in past), Fadnavis, shivraj singh chauhan, one other option)
http://www.business-standard.com/article/pti-stories/badal-calls-for-strengthening-state-skilldevelopment-missions-115082501322_1.html
Question now were of 2.5 marks each
Question 1 : Question on Articles : 44, 244,330,342 Matching.
http://lawmin.nic.in/olwing/coi/coi-english/coi-indexenglish.htm
Question 2 : Which of the schemes are a part of PMJDY ?
Answer : Vanabandhu Kalyan Yojana(Doubtful) (Other Options were, SAGY, Etc.)
Couldnt find suitable other options.
Question 3 : Repo Rate is related to
Answer : Monetary Policy (Other Options were : Trade Policy, Taxes, Fiscal policy, )
http://economictimes.indiatimes.com/definition/repo-rate
Question 4 : High Fiscal Deficit will result in ?
Answer : (Options were : Market borrowing will reduce, Money Supply will Increase, Debt Monetised, )
http://www.livemint.com/Money/Z1jHNObQTDNPcYibMBSdaM/The-damages-of-high-fiscal-deficit.html
https://in.finance.yahoo.com/news/basics-explained--what-is-fiscal-deficit--103110947.html
Question 5 : Reproduction and Child health Programme objectives does not include :
Answer: Nutrition (Options : TFR, MMR, IMR, Nutirtion)
http://203.193.146.66/hfw/Reproductive_Child_Health.asp?GL=8

Another question was on ICDS : What does it not cover ?


http://www.wcdhry.gov.in/child_development_f.htm
Question No 6 : IMD defines Drought based on
Answer : Aridity Index
Follow Up Question: Percentage for Severe drought
Answer : 40% of total area
http://imdpune.gov.in/research/drought/drought.html
Question no 7 : Top 2 countries in FDI in india
Answer : Mauritius, Singapore. (Other Option were USA , UAE (probably))
http://economictimes.indiatimes.com/news/economy/foreign-trade/mauritius-regains-top-slot-assource-of-fdi-in-india/articleshow/47572644.cms
Question 8 : Sebi Merged With
Answer : FMC
Follow Up : Who is the chairman of SEBI
Answere U K Sinha
http://www.firstpost.com/business/sebi-fmc-merger-decoding-the-convergence-and-way-ahead2447818.html
https://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_India
Question 9 : Smaal and Medium Scale Enterprises
Answer : 25% of manufacturing output and 60% of total exports

Question 10 : Which of the following is a statutory Body ?


Answer: CVC
Question : Election of Vice Preisdent
Answer : By Members of Parliament
http://cvc.nic.in/introduction.htm

https://en.wikipedia.org/wiki/Vice_President_of_India#Election
Question 11 : Easy one , couldnt remember
Question 12 : MSME development Institute doesnt organizes :
Answer : Trade fair
Question : Something related to FCRS
Question 13 : HDI Ranking in South Asia
Answer : Malaysia , Srilanka, Maldives and India
https://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index
Question : Ranking in BRICS
Answer Last
http://www.thehindu.com/news/national/india-lags-behind-brics-on-humandevelopment/article6244575.ece
Question 14 : Objective of FSA
Answer : Food and Nutritional security in human Cycle
Question : Commercial Crops under FSA : NFSM : Commercial Crops
Answer : Cotton, Jute, Sugarcane
http://www.nfsm.gov.in/CommercialCropsHome.aspx
Question 15 : Which of the following constitutes SDR ?
Answer : Yen, Euro, Piund, Dollar
https://en.wikipedia.org/wiki/Special_drawing_rights
Question : Which of the following reports are not published by IMF ?
Answer :
http://www.imf.org/external/publications/index.htm
Question 16 : Chinese Government decides to devalue their currency ? Impact on India
Answer : Imports cheaper, hence tough for domestic players,
Tough for Exporters in common Market

Question 17 : Least Liquid is :


Answer : Real Estate
http://www.investopedia.com/articles/basics/07/liquidity.asp
Question 18 : CSR :
Answer 2 %
Question : Which of the following aer not covered in GST bill
Answer : Petroleum Products
http://www.moneylife.in/article/petroleum-products-alcohol-excluded-from-gst-regime/41589.html
http://indianexpress.com/article/business/economy/mandatory-2-csr-spend-set-to-kick-in-from-april-1/
Question 19: Fiscal Stability Report by RBI
Answer : Total Stressed assets Increased from 10.7% to 11.1%
Gross NPAs increased to 4.6% from 4.5%
http://www.livemint.com/Industry/BpBCd7PK6K7RzhDEJPm27N/Stressed-assets-continue-to-rise-butmay-decline-by-FY16-en.html
5 Marks Question :
Question 1 Savings rate :
Answer 30.6%,
Question: GDP Value And Another Question was on Foreign Reserves
http://www.livemint.com/Money/rs2NrrmU3hn1dDPs7RGOyL/Lost-in-the-fight-over-Indias-interestrates-household-sav.html

Question2 : RBI inflation on


Answer CPI Combined.
http://www.thehindu.com/business/Economy/rbi-adopts-new-cpi-as-key-measure-ofinflation/article5859713.ece
Question3 : Full form of JAM and Question on Jan Dhan Yojana.

http://articles.economictimes.indiatimes.com/2015-02-27/news/59585090_1_economic-survey-jandhan-yojana-direct-benefit-transfers
Question 4 : India not a member of
Answer : ASEAN
http://www.asean.org/asean/asean-member-states
Question 5 : 14th Finance Commission recommended increase share from
Answer 32% to 42%.
http://www.thehindu.com/business/recommendations-of-the-14th-financecommission/article6929255.ece
Question 6: Service Sector contribution in GDP Growth Rate
Answer : 72%
Doubtful .

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