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RBI Grade B 2023 Phase II ESI Previous Year Paper

The passage discusses a previous year paper for the RBI Grade B Phase II exam. It includes a reading comprehension section with four questions based on a passage about the importance of the World Economic Outlook report. It also briefly describes a trade dispute between India and the EU regarding import duties on ICT products that the two sides are close to resolving.

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0% found this document useful (0 votes)
61 views24 pages

RBI Grade B 2023 Phase II ESI Previous Year Paper

The passage discusses a previous year paper for the RBI Grade B Phase II exam. It includes a reading comprehension section with four questions based on a passage about the importance of the World Economic Outlook report. It also briefly describes a trade dispute between India and the EU regarding import duties on ICT products that the two sides are close to resolving.

Uploaded by

Astein Pal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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RBI Grade B 2023 Phase II ESI Previous Year Paper

Previous Year Paper


RBI Grade B Phase II
RBI Grade B 2023 Phase II ESI Previous Year Paper

Direction:
Read the below passage and attempt the following questions (Q no 1 to 4).

In the ever-evolving tapestry of the global economy, policymakers, businesses, and investors rely on a compass

that provides insights into the prevailing economic winds and potential storms. A report that is published regularly,

serves as an indispensable guide for nations worldwide. Without explicitly naming the report, let's delve into its

importance and the role it plays in shaping economic strategies on a global scale. The world is intricately

interconnected through trade, finance, and technology. What happens in one corner of the globe can send ripples

across borders, affecting economies near and far. It serves as a panoramic view, offering a nuanced understanding

of the prevailing economic conditions, potential risks, and emerging opportunities. At the heart of the report, are

key macroeconomic indicators, including GDP growth rates, inflation, and unemployment. These metrics serve as

barometers, providing a snapshot of a country's economic health and its trajectory. Policymakers use this

information to fine-tune fiscal and monetary policies, ensuring stability and sustainable growth. In an era of

globalization, understanding global trade dynamics is paramount. It examines trends in international trade,

identifies emerging patterns, and assesses the impact of geopolitical factors. Nations can adjust their trade policies

in response to these insights, fostering a more resilient and adaptable economic environment.

Question No. 1

Which of the following is the Central Theme report of the passage above?

Options :

1. Ease of Doing Business Report

2. World Drug Report

3. Asian Development Outlook

4. World Economic Outlook

5. Global Financial Stability Report

Answer : World Economic Outlook

Direction:
Read the below passage and attempt the following questions (Q no 1 to 4).
RBI Grade B 2023 Phase II ESI Previous Year Paper

In the ever-evolving tapestry of the global economy, policymakers, businesses, and investors rely on a compass

that provides insights into the prevailing economic winds and potential storms. A report that is published regularly,

serves as an indispensable guide for nations worldwide. Without explicitly naming the report, let's delve into its

importance and the role it plays in shaping economic strategies on a global scale. The world is intricately

interconnected through trade, finance, and technology. What happens in one corner of the globe can send ripples

across borders, affecting economies near and far. It serves as a panoramic view, offering a nuanced understanding

of the prevailing economic conditions, potential risks, and emerging opportunities. At the heart of the report, are

key macroeconomic indicators, including GDP growth rates, inflation, and unemployment. These metrics serve as

barometers, providing a snapshot of a country's economic health and its trajectory. Policymakers use this

information to fine-tune fiscal and monetary policies, ensuring stability and sustainable growth. In an era of

globalization, understanding global trade dynamics is paramount. It examines trends in international trade,

identifies emerging patterns, and assesses the impact of geopolitical factors. Nations can adjust their trade policies

in response to these insights, fostering a more resilient and adaptable economic environment.

Question No. 2

As per the prediction of the same report, the growth of advance economies will fall from 2.7% to ________.

Options :

1. 1.4%

2. 1.3%

3. 2.1%

4. 2.5%

5. None of the above

Answer : 1.3%

Direction:
Read the below passage and attempt the following questions (Q no 1 to 4).

In the ever-evolving tapestry of the global economy, policymakers, businesses, and investors rely on a compass

that provides insights into the prevailing economic winds and potential storms. A report that is published regularly,

serves as an indispensable guide for nations worldwide. Without explicitly naming the report, let's delve into its
RBI Grade B 2023 Phase II ESI Previous Year Paper

importance and the role it plays in shaping economic strategies on a global scale. The world is intricately

interconnected through trade, finance, and technology. What happens in one corner of the globe can send ripples

across borders, affecting economies near and far. It serves as a panoramic view, offering a nuanced understanding

of the prevailing economic conditions, potential risks, and emerging opportunities. At the heart of the report, are

key macroeconomic indicators, including GDP growth rates, inflation, and unemployment. These metrics serve as

barometers, providing a snapshot of a country's economic health and its trajectory. Policymakers use this

information to fine-tune fiscal and monetary policies, ensuring stability and sustainable growth. In an era of

globalization, understanding global trade dynamics is paramount. It examines trends in international trade,

identifies emerging patterns, and assesses the impact of geopolitical factors. Nations can adjust their trade policies

in response to these insights, fostering a more resilient and adaptable economic environment.

Question No. 3

Which of the following is/are the mission of International Monetary Fund?

Options :

1. furthering international monetary cooperation

2. encouraging the expansion of trade

3. economic growth

4. discouraging policies that would harm prosperity

5. All of the above

Answer : All of the above

Direction:
Read the below passage and attempt the following questions (Q no 1 to 4).

In the ever-evolving tapestry of the global economy, policymakers, businesses, and investors rely on a compass

that provides insights into the prevailing economic winds and potential storms. A report that is published regularly,

serves as an indispensable guide for nations worldwide. Without explicitly naming the report, let's delve into its

importance and the role it plays in shaping economic strategies on a global scale. The world is intricately

interconnected through trade, finance, and technology. What happens in one corner of the globe can send ripples

across borders, affecting economies near and far. It serves as a panoramic view, offering a nuanced understanding
RBI Grade B 2023 Phase II ESI Previous Year Paper

of the prevailing economic conditions, potential risks, and emerging opportunities. At the heart of the report, are

key macroeconomic indicators, including GDP growth rates, inflation, and unemployment. These metrics serve as

barometers, providing a snapshot of a country's economic health and its trajectory. Policymakers use this

information to fine-tune fiscal and monetary policies, ensuring stability and sustainable growth. In an era of

globalization, understanding global trade dynamics is paramount. It examines trends in international trade,

identifies emerging patterns, and assesses the impact of geopolitical factors. Nations can adjust their trade policies

in response to these insights, fostering a more resilient and adaptable economic environment.

Question No. 4

The Central Theme Report database and publication are updated and published twice a year, usually in

___________.

Options :

1. January & October

2. April & October

3. May & November

4. January & June

5. None of the above

Answer : April & October

Direction:
Read the below passage and attempt the following questions (Q no 5 to 8).

India is close to resolving its most contentious trade dispute, involving information communications technology

(ICT) products, with its second largest trade partner, the European Union (EU), a senior government official said.

This comes on the heels of India settling all seven trade disputes at the World Trade Organization (WTO) with its

largest trade partner, the US. Brussels had dragged New Delhi to the WTO’s dispute settlement mechanism in 2019

challenging its levying of import duty on a wide range of ICT products including mobile phones and components,

base stations, integrated circuits and optical instruments claiming that the duty was inconsistent with global trade

norms and was hurting €600 million worth of its tech exports to India. The dispute assumes significance as it was

feared to affect India’s efforts to boost electronic products manufacturing — a strategic sector in which India is
RBI Grade B 2023 Phase II ESI Previous Year Paper

trying to cut its reliance on China. An adverse final ruling could have also meant disruption of the flagship

production-led incentive (PLI) scheme due to the rolling back of duties.

Question No. 5

When was the World Trade Organisation established?

Options :

1. 1991

2. 1992

3. 1993

4. 1994

5. 1995

Answer : 1995

Direction:
Read the below passage and attempt the following questions (Q no 5 to 8).

India is close to resolving its most contentious trade dispute, involving information communications technology

(ICT) products, with its second largest trade partner, the European Union (EU), a senior government official said.

This comes on the heels of India settling all seven trade disputes at the World Trade Organization (WTO) with its

largest trade partner, the US. Brussels had dragged New Delhi to the WTO’s dispute settlement mechanism in 2019

challenging its levying of import duty on a wide range of ICT products including mobile phones and components,

base stations, integrated circuits and optical instruments claiming that the duty was inconsistent with global trade

norms and was hurting €600 million worth of its tech exports to India. The dispute assumes significance as it was

feared to affect India’s efforts to boost electronic products manufacturing — a strategic sector in which India is

trying to cut its reliance on China. An adverse final ruling could have also meant disruption of the flagship

production-led incentive (PLI) scheme due to the rolling back of duties.

Question No. 6

Who among the following is the current Director General (DG) of the World Trade Organisation?
RBI Grade B 2023 Phase II ESI Previous Year Paper

Options :

1. Supachai Panitchpakdi

2. Pascal Lamy

3. Roberto Azevêdo

4. Ngozi Okonjo-Iweala

5. Neha Singh

Answer : Ngozi Okonjo-Iweala

Direction:
Read the below passage and attempt the following questions (Q no 5 to 8).

India is close to resolving its most contentious trade dispute, involving information communications technology

(ICT) products, with its second largest trade partner, the European Union (EU), a senior government official said.

This comes on the heels of India settling all seven trade disputes at the World Trade Organization (WTO) with its

largest trade partner, the US. Brussels had dragged New Delhi to the WTO’s dispute settlement mechanism in 2019

challenging its levying of import duty on a wide range of ICT products including mobile phones and components,

base stations, integrated circuits and optical instruments claiming that the duty was inconsistent with global trade

norms and was hurting €600 million worth of its tech exports to India. The dispute assumes significance as it was

feared to affect India’s efforts to boost electronic products manufacturing — a strategic sector in which India is

trying to cut its reliance on China. An adverse final ruling could have also meant disruption of the flagship

production-led incentive (PLI) scheme due to the rolling back of duties.

Question No. 7

Which of the following is the highest decision making body in the World Trade Organisation?

Options :

1. General Council

2. Ministerial Conference

3. Council for Goods & Trade

4. Trade Negotiations Committee


RBI Grade B 2023 Phase II ESI Previous Year Paper

5. None of the above

Answer : Ministerial Conference

Direction:
Read the below passage and attempt the following questions (Q no 5 to 8).

India is close to resolving its most contentious trade dispute, involving information communications technology

(ICT) products, with its second largest trade partner, the European Union (EU), a senior government official said.

This comes on the heels of India settling all seven trade disputes at the World Trade Organization (WTO) with its

largest trade partner, the US. Brussels had dragged New Delhi to the WTO’s dispute settlement mechanism in 2019

challenging its levying of import duty on a wide range of ICT products including mobile phones and components,

base stations, integrated circuits and optical instruments claiming that the duty was inconsistent with global trade

norms and was hurting €600 million worth of its tech exports to India. The dispute assumes significance as it was

feared to affect India’s efforts to boost electronic products manufacturing — a strategic sector in which India is

trying to cut its reliance on China. An adverse final ruling could have also meant disruption of the flagship

production-led incentive (PLI) scheme due to the rolling back of duties.

Question No. 8

Which of the following Development Round of WTO was held in 2001?

Options :

1. Geneva Round

2. Annecy Round

3. Geneva Round

4. Doha Round

5. Dillion round

Answer : Doha Round

Direction:
Read the below passage and attempt the following questions (Q no 9 to 12).
RBI Grade B 2023 Phase II ESI Previous Year Paper

They represent a unique facet of the country's rich cultural diversity. Recognized for their distinct identity,

traditional practices, and geographical isolation, these indigenous communities are acknowledged as requiring

special attention and targeted development efforts to ensure their survival and well-being. One of the primary

objectives of focusing on them is the preservation of their cultural heritage. These tribal communities often have

distinctive languages, customs, and belief systems that contribute significantly to India's cultural mosaic. Efforts

are made to protect and promote these unique aspects, recognizing their intrinsic value and the importance of

cultural diversity. The Indian government has implemented targeted welfare and development programs for them

to address their specific needs. These initiatives cover areas such as healthcare, education, livelihood, and

infrastructure development. By tailoring interventions to the cultural context and socio-economic realities of each

group, authorities aim to uplift their living standards and empower them to participate more actively in the

broader social and economic fabric.

Question No. 9

Identify the Central Theme being discussed in the above passage.

Options :

1. Scheduled Caste

2. Scheduled Tribe

3. Other Backward Castes

4. Economic Weaker Section

5. Particularly Vulnerable Tribal Groups

Answer : Particularly Vulnerable Tribal Groups

Direction:
Read the below passage and attempt the following questions (Q no 9 to 12).

They represent a unique facet of the country's rich cultural diversity. Recognized for their distinct identity,

traditional practices, and geographical isolation, these indigenous communities are acknowledged as requiring

special attention and targeted development efforts to ensure their survival and well-being. One of the primary

objectives of focusing on them is the preservation of their cultural heritage. These tribal communities often have

distinctive languages, customs, and belief systems that contribute significantly to India's cultural mosaic. Efforts
RBI Grade B 2023 Phase II ESI Previous Year Paper

are made to protect and promote these unique aspects, recognizing their intrinsic value and the importance of

cultural diversity. The Indian government has implemented targeted welfare and development programs for them

to address their specific needs. These initiatives cover areas such as healthcare, education, livelihood, and

infrastructure development. By tailoring interventions to the cultural context and socio-economic realities of each

group, authorities aim to uplift their living standards and empower them to participate more actively in the

broader social and economic fabric.

Question No. 10

Under which of the following theme of the Union Budget the central theme of the passage is derived from?

Options :

1. Inclusive Development

2. Reaching the last mile

3. Infrastructure & Investment

4. Unleashing the potential

5. Green Growth

Answer : Reaching the last mile

Direction:
Read the below passage and attempt the following questions (Q no 9 to 12).

They represent a unique facet of the country's rich cultural diversity. Recognized for their distinct identity,

traditional practices, and geographical isolation, these indigenous communities are acknowledged as requiring

special attention and targeted development efforts to ensure their survival and well-being. One of the primary

objectives of focusing on them is the preservation of their cultural heritage. These tribal communities often have

distinctive languages, customs, and belief systems that contribute significantly to India's cultural mosaic. Efforts

are made to protect and promote these unique aspects, recognizing their intrinsic value and the importance of

cultural diversity. The Indian government has implemented targeted welfare and development programs for them

to address their specific needs. These initiatives cover areas such as healthcare, education, livelihood, and

infrastructure development. By tailoring interventions to the cultural context and socio-economic realities of each

group, authorities aim to uplift their living standards and empower them to participate more actively in the
RBI Grade B 2023 Phase II ESI Previous Year Paper

broader social and economic fabric.

Question No. 11

Which of the is/are correct for the determination of PVTGs in India?

Options :

1. A pre-agriculture level of technology

2. A stagnant or declining population

3. Extremely low literacy; and

4. A subsistence level of the economy

5. All of the above

Answer : All of the above

Direction:
Read the below passage and attempt the following questions (Q no 9 to 12).

They represent a unique facet of the country's rich cultural diversity. Recognized for their distinct identity,

traditional practices, and geographical isolation, these indigenous communities are acknowledged as requiring

special attention and targeted development efforts to ensure their survival and well-being. One of the primary

objectives of focusing on them is the preservation of their cultural heritage. These tribal communities often have

distinctive languages, customs, and belief systems that contribute significantly to India's cultural mosaic. Efforts

are made to protect and promote these unique aspects, recognizing their intrinsic value and the importance of

cultural diversity. The Indian government has implemented targeted welfare and development programs for them

to address their specific needs. These initiatives cover areas such as healthcare, education, livelihood, and

infrastructure development. By tailoring interventions to the cultural context and socio-economic realities of each

group, authorities aim to uplift their living standards and empower them to participate more actively in the

broader social and economic fabric.

Question No. 12

Which of the following States does not have any PVTGs?


RBI Grade B 2023 Phase II ESI Previous Year Paper

Options :

1. Andhra Pradesh

2. Bihar

3. Gujarat

4. Karnataka

5. Assam

Answer : Assam

Direction:
Read the below passage and attempt the following questions (Q no 13 to 16).

In a country as vast and diverse as India, a significant portion of the workforce operates in the unorganized sector,

often without access to formal employment benefits or social security. Recognizing the need to address the

concerns of these workers, the Indian government launched the e-Shram portal, a groundbreaking initiative aimed

at creating a comprehensive database of unorganized sector laborers. The e-Shram portal was officially announced

as part of the government's efforts to streamline and organize information about workers in the unorganized

sector. This sector encompasses a wide range of occupations, including construction workers, street vendors,

agricultural laborers, and more, who often face challenges such as lack of job security, limited access to healthcare,

and insufficient social protection. The registration process for the e-Shram portal is designed to be user-friendly,

ensuring that even those with limited technological literacy can easily participate. Workers are required to provide

basic details such as name, age, address, educational qualifications, and occupation. The portal also allows for the

inclusion of family details, ensuring a more comprehensive understanding of each worker's background. While the

e-Shram portal holds great promise, there are certain challenges and concerns that need to be addressed for its

successful implementation. Privacy and data security are paramount, and safeguards must be in place to protect

the sensitive information collected. Additionally, efforts should be made to raise awareness among unorganized

sector workers about the benefits of registration and the services available to them through the portal.

Question No. 13

As on April 2023, how many unorganised workers have been registered on e-Shram Portal?

Options :
RBI Grade B 2023 Phase II ESI Previous Year Paper

1. 25.5 Crores

2. 28.78 crores

3. 30.02 crore

4. 35.56 crore

5. 46.68 crore

Answer : 28.78 crores

Direction:
Read the below passage and attempt the following questions (Q no 13 to 16).

In a country as vast and diverse as India, a significant portion of the workforce operates in the unorganized sector,

often without access to formal employment benefits or social security. Recognizing the need to address the

concerns of these workers, the Indian government launched the e-Shram portal, a groundbreaking initiative aimed

at creating a comprehensive database of unorganized sector laborers. The e-Shram portal was officially announced

as part of the government's efforts to streamline and organize information about workers in the unorganized

sector. This sector encompasses a wide range of occupations, including construction workers, street vendors,

agricultural laborers, and more, who often face challenges such as lack of job security, limited access to healthcare,

and insufficient social protection. The registration process for the e-Shram portal is designed to be user-friendly,

ensuring that even those with limited technological literacy can easily participate. Workers are required to provide

basic details such as name, age, address, educational qualifications, and occupation. The portal also allows for the

inclusion of family details, ensuring a more comprehensive understanding of each worker's background. While the

e-Shram portal holds great promise, there are certain challenges and concerns that need to be addressed for its

successful implementation. Privacy and data security are paramount, and safeguards must be in place to protect

the sensitive information collected. Additionally, efforts should be made to raise awareness among unorganized

sector workers about the benefits of registration and the services available to them through the portal.

Question No. 14

Which of the following services are provided by e-Shram Portal?

Options :

1. Jobs
RBI Grade B 2023 Phase II ESI Previous Year Paper

2. Training & Development

3. Social Security

4. Apprenticeship

5. All of the above

Answer : All of the above

Direction:
Read the below passage and attempt the following questions (Q no 13 to 16).

In a country as vast and diverse as India, a significant portion of the workforce operates in the unorganized sector,

often without access to formal employment benefits or social security. Recognizing the need to address the

concerns of these workers, the Indian government launched the e-Shram portal, a groundbreaking initiative aimed

at creating a comprehensive database of unorganized sector laborers. The e-Shram portal was officially announced

as part of the government's efforts to streamline and organize information about workers in the unorganized

sector. This sector encompasses a wide range of occupations, including construction workers, street vendors,

agricultural laborers, and more, who often face challenges such as lack of job security, limited access to healthcare,

and insufficient social protection. The registration process for the e-Shram portal is designed to be user-friendly,

ensuring that even those with limited technological literacy can easily participate. Workers are required to provide

basic details such as name, age, address, educational qualifications, and occupation. The portal also allows for the

inclusion of family details, ensuring a more comprehensive understanding of each worker's background. While the

e-Shram portal holds great promise, there are certain challenges and concerns that need to be addressed for its

successful implementation. Privacy and data security are paramount, and safeguards must be in place to protect

the sensitive information collected. Additionally, efforts should be made to raise awareness among unorganized

sector workers about the benefits of registration and the services available to them through the portal.

Question No. 15

UMANG (Unified Mobile Application for New-age Governance) developed by Ministry of Electronics and

Information Technology (MeitY) and __________ to drive mobile governance in India?

Options :

1. NIC
RBI Grade B 2023 Phase II ESI Previous Year Paper

2. NITI Aayog

3. NeGD

4. IIT Delhi

5. None of the above

Answer : NeGD

Direction:
Read the below passage and attempt the following questions (Q no 13 to 16).

In a country as vast and diverse as India, a significant portion of the workforce operates in the unorganized sector,

often without access to formal employment benefits or social security. Recognizing the need to address the

concerns of these workers, the Indian government launched the e-Shram portal, a groundbreaking initiative aimed

at creating a comprehensive database of unorganized sector laborers. The e-Shram portal was officially announced

as part of the government's efforts to streamline and organize information about workers in the unorganized

sector. This sector encompasses a wide range of occupations, including construction workers, street vendors,

agricultural laborers, and more, who often face challenges such as lack of job security, limited access to healthcare,

and insufficient social protection. The registration process for the e-Shram portal is designed to be user-friendly,

ensuring that even those with limited technological literacy can easily participate. Workers are required to provide

basic details such as name, age, address, educational qualifications, and occupation. The portal also allows for the

inclusion of family details, ensuring a more comprehensive understanding of each worker's background. While the

e-Shram portal holds great promise, there are certain challenges and concerns that need to be addressed for its

successful implementation. Privacy and data security are paramount, and safeguards must be in place to protect

the sensitive information collected. Additionally, efforts should be made to raise awareness among unorganized

sector workers about the benefits of registration and the services available to them through the portal.

Question No. 16

Which of the following States have achieved the target number of registrations on e-Shram Portal?

I- Odisha

II- Uttar Pradesh


RBI Grade B 2023 Phase II ESI Previous Year Paper

III- Chhattisgarh

IV- Madhya Pradesh

Options :

1. I & II

2. II & III

3. I & IV

4. I, II & III

5. I, II & IV

Answer : I, II & III

Direction:
Read the below passage and attempt the following questions (Q no 17 to 20).

Prime Minister Shri Narendra Modi launched Mission ____. The initiative aims to engage one billion Indians and

global citizens in environmental conservation from 2022 to 2027, focusing on making 80% of Indian villages and

urban areas eco-friendly by 2028. The mission envisions three phases: demand change, urging individuals around

the world to adopt eco-friendly practices; Changes in supply, with industries expected to adapt to revised

demands; And changes in policy influence long-term changes in industrial and government policies. In its inaugural

year, the Mission focuses on Phase I to promote simple environment-friendly actions. India's 75th year of

independence has inspired the identification of 75 individual LiFE actions across seven categories, with emphasis

on scalability, ease of practice and non-disruption to economic activities. The initiative seeks to democratize the

fight against climate change, encouraging everyone to contribute to protecting the environment every day.

Question No. 17

Which mission/Programme is discussed in the above passage?

Options :

1. Stand Up India

2. Production Linked Initiative scheme

3. Mission LiFE
RBI Grade B 2023 Phase II ESI Previous Year Paper

4. Green Wall Initiative

5. National Action Plan For Climate Change

Answer : Mission LiFE

Direction:
Read the below passage and attempt the following questions (Q no 17 to 20).

Prime Minister Shri Narendra Modi launched Mission ____. The initiative aims to engage one billion Indians and

global citizens in environmental conservation from 2022 to 2027, focusing on making 80% of Indian villages and

urban areas eco-friendly by 2028. The mission envisions three phases: demand change, urging individuals around

the world to adopt eco-friendly practices; Changes in supply, with industries expected to adapt to revised

demands; And changes in policy influence long-term changes in industrial and government policies. In its inaugural

year, the Mission focuses on Phase I to promote simple environment-friendly actions. India's 75th year of

independence has inspired the identification of 75 individual LiFE actions across seven categories, with emphasis

on scalability, ease of practice and non-disruption to economic activities. The initiative seeks to democratize the

fight against climate change, encouraging everyone to contribute to protecting the environment every day.

Question No. 18

From where was the mission described in the passage launched?

Options :

1. Gujrat

2. Madrid

3. New Delhi

4. New York

5. Paris

Answer : Gujrat

Direction:
Read the below passage and attempt the following questions (Q no 17 to 20).
RBI Grade B 2023 Phase II ESI Previous Year Paper

Prime Minister Shri Narendra Modi launched Mission ____. The initiative aims to engage one billion Indians and

global citizens in environmental conservation from 2022 to 2027, focusing on making 80% of Indian villages and

urban areas eco-friendly by 2028. The mission envisions three phases: demand change, urging individuals around

the world to adopt eco-friendly practices; Changes in supply, with industries expected to adapt to revised

demands; And changes in policy influence long-term changes in industrial and government policies. In its inaugural

year, the Mission focuses on Phase I to promote simple environment-friendly actions. India's 75th year of

independence has inspired the identification of 75 individual LiFE actions across seven categories, with emphasis

on scalability, ease of practice and non-disruption to economic activities. The initiative seeks to democratize the

fight against climate change, encouraging everyone to contribute to protecting the environment every day.

Question No. 19

Which of the following is not a category under this mission which is described in the above passage?

Options :

1. Save Water

2. Reduce e-waste

3. Adopt sustainable food systems

4. Adopt healthy lifestyles

5. Provide Adequate funding to the developing countries

Answer : Provide Adequate funding to the developing countries

Direction:
Read the below passage and attempt the following questions (Q no 17 to 20).

Prime Minister Shri Narendra Modi launched Mission ____. The initiative aims to engage one billion Indians and

global citizens in environmental conservation from 2022 to 2027, focusing on making 80% of Indian villages and

urban areas eco-friendly by 2028. The mission envisions three phases: demand change, urging individuals around

the world to adopt eco-friendly practices; Changes in supply, with industries expected to adapt to revised

demands; And changes in policy influence long-term changes in industrial and government policies. In its inaugural

year, the Mission focuses on Phase I to promote simple environment-friendly actions. India's 75th year of

independence has inspired the identification of 75 individual LiFE actions across seven categories, with emphasis
RBI Grade B 2023 Phase II ESI Previous Year Paper

on scalability, ease of practice and non-disruption to economic activities. The initiative seeks to democratize the

fight against climate change, encouraging everyone to contribute to protecting the environment every day.

Question No. 20

Match the following as per your best knowledge as understood from the given passage:

Options :

1. A-1, B-2, C-3

2. A-2, B-3, C-1

3. A-1, B-3, C-2

4. A-3, B-2, C-2

5. A-2, B-1, C-3

Answer : A-1, B-2, C-3

Question No. 21

Consider the following regarding “Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP)”;

1. Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is a campaign launched in November 2014.

2. The Government revamped the ‘Janaushadhi Scheme’ in September 2015 as ‘Pradhan Mantri Janaushadhi

Yojana’ (PMJAY).

3. Pharmaceuticals & Medical Devices Bureau of India (PMBI) is the implementing agency of PMBJP.

Which of the above statements is/are correct?

Options :
RBI Grade B 2023 Phase II ESI Previous Year Paper

1. I only

2. I and II only

3. II and III only

4. I and III only

5. None of the above

Answer : II and III only

Question No. 22

Consider the following statements regarding the Sovereign Gold Bonds (SGBs) :

1. They are substitutes for holding physical gold in which Investors have to pay the issue price in cash and the

bonds will be redeemed in gold on maturity.

2. The Bonds are issued in denominations of one gram of gold and in multiples thereof, and there is no

minimum or maximum investment limit of subscription.

3. These securities are eligible to be used as collateral for loans from banks, financial Institutions and Non-

Banking Financial Companies (NBFC).

Which of the statements given above is /are correct?

Options :

1. I and III only

2. II and III only

3. III only

4. I and II only

5. All of the above

Answer : III only

Question No. 23

Consider the following statement regarding “Sukanya Samiriddhi Yojana”;


RBI Grade B 2023 Phase II ESI Previous Year Paper

1. It was launched by Prime Minister Narendra Modi on 22nd January 2015 as a part of Beti Bachao Beti Padhao

campaign.

2. The account can be opened with a minimum initial deposit of two hundred and fifty rupees.

3. Account can be opened in the name of a girl child till she attains the age of 18 years.

Which of the statement above given is/are correct?

Options :

1. Only I

2. I and II only

3. I and III only

4. II and III only

5. All of the above

Answer : I and II only

Question No. 24

Consider the following statement regarding “Swadhar grah Yojana”;

1. Women victims of domestic violence.

2. Trafficked women/girls rescued

3. Women who are deserted and are without any social and economic support

Who is/are eligible under the scheme?

Options :

1. Only I

2. I and II only

3. I and III only

4. II and III only

5. All of the above

Answer : All of the above


RBI Grade B 2023 Phase II ESI Previous Year Paper

Question No. 25

On which date the “Stand-up India” Scheme was launched?

Options :

1. 05 April 2014

2. 05 April 2015

3. 05 April 2016

4. 09 May 2016

5. 09 May 2015

Answer : 05 April 2016

Question No. 26

Under which of the following scheme “PM-Kisan” app was launched?

Options :

1. PM Matsya Sampada Yojana

2. PM Fasal Bima Yojana

3. PM Kisan Samman Nidhi Yojana

4. PM Kisan Man Dhan Yojana

5. None of the above

Answer : PM Kisan Samman Nidhi Yojana

Question No. 27

Consider the following;

1. The amount of the scholarship under the National Means-cum-Merit Scholarship Scheme (NMMSS) is

₹18000 per annum.


RBI Grade B 2023 Phase II ESI Previous Year Paper

2. Students whose parental income from all sources is not more than ₹6,50,000 per annum are eligible to avail

of the scholarships

3. The students must have a minimum of 60% marks or equivalent grade in the Class VII examination to

appear in the selection test for the award of a scholarship (relaxable by 5% for SC/ST students).

Which of the above statements is/are correct?

Options :

1. I only

2. I and II only

3. I and III only

4. II and III

5. None of the above

Answer : None of the above

Question No. 28

Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM) is a new name given to Aajeevika –

NRLM in ______________.

Options :

1. 2011

2. 2012

3. 2014

4. 2015

5. 2019

Answer : 2015

Question No. 29
RBI Grade B 2023 Phase II ESI Previous Year Paper

The major aim of the PM Away Yojna Gramin is to provide a pucca house with basic amenities to all rural families,

who are homeless or living in kutcha or dilapidated houses. Which of the following is the Nodal Ministry for the

Scheme?

Options :

1. Ministry of Housing

2. Ministry of Rural Development

3. NITI Aayog

4. State Governments

5. None of the above

Answer : Ministry of Rural Development

Question No. 30

What is the primary impact of persistent inflation on an economy?

Options :

1. Increased purchasing power

2. Stable interest rates

3. Decreased unemployment

4. Eroded real value of currency

5. Higher economic growth

Answer : Eroded real value of currency

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