RBI, Reserve Bank of India, conducted Grade ‘B’ Officers Exam. (Stage 1) on 6-2-2011 and here is fully solved paper of General Awareness. These questions are also helpful for SSC, Bank PO, clerks, Army, Group X, AFCAT, UPSC and many more such competitive exams.

1. What role do Micro, Small and Medium Enterprises (MSMEs) play in a country’s economic and industrial development ?
1. They have the capacity to absorb skilled and unskilled labor available in the country.
2. Such institutions help in distribution of income in a wide spectrum and do not allow it to get concentrated in few hands or in few areas.
3. They help in eradication of poverty by providing self employment opportunities.
(A) Only 1
(B) Only 2
(C) Only 3
(D) Only 1 and 3
(E) All 1, 2 and 3

2. Which of the following statements about the Indian Economy is correct ?
(A) Indian economy is as developed as that of China
(B) About 70% Indians are involved in some type of self employment and are the owners of some or the other micro or small enterprise
(C) In India single biggest employment is agriculture and allied activities
(D) About 48% Indian workforce is employed in foreign countries or in organizations assisted by foreign capital
(E) None of these

3. Which of the following is/are correct about the problems of Indian Agriculture ?
1. Large agricultural subsidies are hampering productivity—enhancing investments.
2. Irrigation infrastructure is in bad shape and needs immediate improvement.
3. Frequent takeovers of fertile land by private companies and multinationals to launch big business complexes.
(A) Only 1
(B) Only 1 and 2
(C) Only 1 and 3
(D) All 1, 2 and 3
(E) None of these

4. As per news in various journals, many banks have failed to achieve agri-loan target fixed by the RBI for the year 2010-11. What was the target fixed for the year ?
(A) 10%
(B) 15%
(C) 18%
(D) 24%
(E) 30%

5. Which of the following statements about Agro and Allied activities is not correct ?
(A) Farmers do not get adequate credit for purchase of cattle
(B) There is a need to improve breed and genetic characteristics of the cattle folk
(C) India has huge forest cover and also degraded and marshy land which can be used for productive purposes
(D) India is the 10th largest producer of medicinal and aromatic plants. But the products are not of commercial value
(E) Animal husbandry plays an important role in providing sustainability under Rain fed conditions