(Paper) RBI Grade 'B' Officer Mains (Phase II) Exam - 2008 "Economic & Social Issues"

RBI Grade 'B' Officer Mains (Phase II) Exam - 2008

Economic & Social Issues

Common Instructions

  • 3 hours, 100 marks

  • Answer any five questions.

  • All questions carry equal marks.

  • Answers may be written either in English or in Hindi at the candidate’s option. However, all the questions should be answered only in the language so chosen. Answer-books written partly in English and partly in Hindi will not be evaluated.

  • Part of the same question must be answered together without answers to other questions intervening.

  • Answer to each question must be started on a fresh page.

  • Marks will be deducted if handwriting is not easily legible.

  • Answers will be judged on the basis of perspective, analysis and presentation


  1. (a) Why, do you think, has inflation become a major problem in India? 10
    (b) Suggest suitable measures to control this inflation.10

  2. Examine the impact of India's economic reforms on unemployment and poverty.20

  3. Discuss India's present economic policy on the following subjects:—
    (a) Role of MNCs. 10
    (b) Capital Account Convertibility. 10

  4. Discuss the major changes in the foreign exchange rate policy in India since 1991. 20

  5. (a) What are the problems of Scheduled Castes in India? 10
    (b) Discuss the impact of the reservation policy on Scheduled Castes and Tribes in India. 10

  6. (a) Analyze the harmful effects of rapid urbanization in India. 10
    (b) How can they be removed? 10

  7. Discuss the suitability of the following for India:-
    (a) Presidential form of Government. 10
    (b) Parliamentary form of Government. 10

  8. “Human resource development has not received the significance it deserves in India.” Do you agree with this view? Discuss. 20

  9. (a) What are the weaknesses of India's Higher Education System? 10
    (b) What changes, do you think, are needed in this system? 10

  10. Write short notes (any two):-
    (a) Impact of economic development on environment.
    (b) Unorganized sector in India.
    (c) Significance of WTO for India.
    (d) Privatization in India.

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