NABARD Economic and Social Issues MCQ’s (Set – 2)
Dear Aspirants,
Welcome
to Mentor for Bank Exams. NABARD Grade A Recruitment for 2018 is
announced and Prelims Exam is scheduled on 12th May 2018. As you know that exam
is approaching, you need to be very focused on practice more and more
questions to maximize your score. The Economic and Social Issues Section
carries 40 marks. For the clear idea of NABARD Prelims Exam, go through
this NABARD Economic and Social Issues MCQ’s daily.
1. India has signed
__________ million of financial agreement with the World Bank (WB) for Odisha Higher
Education Programme for Excellence and Equity (OHEPEE) project
a) $111
million
b) $115
million
c) $119
million
d) $123
million
e) $129
million
Answer: C)
Explanation: India
signed a loan agreement with World Bank for $119 million to improve the quality
of students' equitable access to selected institutions in Odisha.
2. Recently in which
state the SAUBHAGYA Scheme was launched as a part of achieving universal household
electrification in the country?
a) Assam
b)
Arunachal Pradesh
c) Nagaland
d) Manipur
e) Sikkim
Answer: D)
Explanation: The Union
Ministry of Power launched Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA)
in Manipur.
3. Asian Development
Bank (ADB) has approved a multi-tranche financing facility (MFF) for the second
Rural Connectivity Investment Programme totaling _____ million to improve rural
roads in five Indian states.
a) $200
million
b) $300
million
c) $400
million
d) $500
million
e) $600
million
Answer: D)
Explanation: The Asian
Development Bank’s (ADB) Board of Directors has approved a multitranche financing
facility (MFF) for the Second Rural Connectivity Investment Program totaling
$500 million to improve rural roads in five Indian states.
4. Name the bank that
has recently launched its RuPay Select and RuPay Platinum credit cards.
a) Karur
Vyasya Bank
b)
Corporation Bank
c) Kotak
Mahindra Bank
d) ICICI
Bank
e) IDFC
Bank
Answer: B)
Explanation: Corporation
Bank has launched its RuPay Select and RuPay Platinum credit cards.
5. Name the Payment
Bank that has recently rolled out FASTag to enable electronic toll fee collection
on highways across the country.
a) Paytm
Payments Bank
b) Airtel
Payments Bank
c) India
Post Payments Bank
d) Fino
Payments Bank
e) Aditya
Birla Payments Bank
Answer: A)
Explanation: Paytm
Payments Bank is rolling out Paytm FASTag across the India, with the government
mandating the use of FASTag on every new vehicle sold from December 1.
6. The Asian
Development Bank (ADB) has approved debt financing and partial risk guarantee
of $583 million to develop Reliance Power’s 750MW LNG based combined cycle
power plant and LNG terminal project in which country?
a) Nepal
b) Sri
Lanka
c)
Bangladesh
d)
Afghanistan
e) Malaysia
Answer: C)
Explanation: Reliance
Power Ltd said Asian Development Bank (ADB) has approved debt financing and partial
risk guarantees totaling $583 million to develop its 750 MW power plant and LNG
terminal project in Bangladesh.
7. The government of
India has authorized which bank to enable cashless payments on national portal
of electronic National Agriculture Market (e-NAM)?
a) HDFC
Bank
b) ICICI
Bank
c) SBI
d) NABARD
e) SIDBI
Answer: B)
Explanation: The
government has engaged private lender ICICI Bank to enable online payments at
470 mandis integrated with national portal of electronic National Agriculture
Market (e-NAM).
8. Which of the
following mobile App launched by the government of India for health workers to ease
child deliveries in peripheral areas.
a) Hausla
b) LaQshya
c) SakSham
d) MaNzil
e) None of
these
Answer: B)
Explanation: Union
Minister of State for Finance, S.P. Shukla launched LaQshya, a safe delivery
mobile application for health workers who manage normal and complicated
deliveries in peripheral areas.
9. Bihar Chief
Minister Nitish Kumar has laid foundation stones for more than 100 projects worth
_______________ in Nalanda district as part of his state-wide "Vikas
Samiksha Yatra".
a) Rs 900
crore
b) Rs 500
crore
c) Rs 1000
crore
d) Rs 700
crore
e) None of
the given options is true
Answer: D)
Explanation: Bihar
Chief Minister Nitish Kumar laid foundation stones for more than 100 projects
worth Rs 700 crore in Nalanda district as part of his state-wide “Vikas
Samiksha Yatra”.
10. IRFC are one of
the highest credit rated bonds issued by an Indian corporate and has been IRFC's
first foray into the Green Bond market. IRFC stands for-
a) Indian
Railways Finance Corporation
b) Indian
Railways Finance Company
c) Indian
Railways Finance Co-ordination
d) Indian
Railways Funded Corporation
e) Indian
Regulatory Finance Corporation
Answer: A)
Explanation: The bonds
issued by Indian Railways Finance Corporation (IRFC) are one of the highest
credit rated bonds issued by an Indian corporate and has been IRFC's first
foray into the Green Bond market.
Read more: NABARD Grade A 2018 Materials here
