Disinvestment MCQ and FDI, FTP quiz for RBI Grade B

Dear aspirants,
We are presenting you the disinvestment MCQ and other questions for RBI Grade B ESI Section of the exam. These questions will cover the questions related to disinvestment, FDI, Foreign Trade Policy, government schemes etc which are very important from exam point of view. Also do read the answers provided at the end of quiz.

disinvestment MCQ

Gromo Referal
  1. Who is the nodal agency for disinvestment in India?
    1. Department of Economic Affairs
    2. Department of Financial Services
    3. Department of Revenue
    4. Department of Investment and Public Asset Management
  2. Where do proceeds from disinvestment of public sector enterprises is credited into?
    1. Consolidated Fund of India
    2. Contingency Fund of India
    3. National Investment Fund
    4. Both in 1 and 2 option
  3. Who is the chairperson of Financial Stability and Development Council (FSDC)?
    1. Governor of RBI
    2. Finance minister
    3. Finance secretary
    4. Cabinet secretary
  4. General Anti-Avoidance Rule (GAAR) is applicable in India with effect from which date?
    1. 1st April 2017
    2. 1st April 2018
    3. 1st April 2019
    4. 1st April 2020
  5. FDI Proposal from which out of the following countries requires approval from Home Ministry?
    1. Pakistan and China
    2. Bangladesh and China
    3. Pakistan and Bangladesh
    4. Pakistan and Afghanistan
  6. Which of the following is/are true about Foreign Trade Policy 2015-2020?
    a) Doubling the export (both Merchandise and Service) to $900 million
    b) Achieve 3.5% share of world export by 2019-20.
    c) Introduced two new scheme namely Merchandise Exports from India Scheme (MEIS) and Services Exports from India Scheme (SEIS)
    d) Simplified Aayat Niryat Form introduced
    Choose the correct answer from following options:

    1. Only a and c
    2. Only a, b and d
    3. Only b, c and d
    4. All are correct
  7. Which of the following is/are true about Aajeevika Grameen Express Yojana?
    a) It is a part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)
    b) Under the scheme, The Self Help Groups under DAY-NRLM will operate road transport service in backward areas.
    c) Each Block provided upto 10 vehicles to operate the transport services
    d) The beneficiary SHG member will be provided an interest free loan by the CBO from its Community Investment Fund upto Rs.6.50 lakh for purchase of the vehicle
    Choose the correct answer from following options:

    1. Only a, c and d
    2. Only a, b and d
    3. Only b, c and d
    4. All are correct
  8. Which out of the following committees is related to doubling the farmer’s income?
    1. Ashok Dalwai Committee
    2. R Gandhi Committee
    3. Sudarshan Sen Committee
    4. Janak Raj Committee
  9. Which of the following is/are true about SAMPADA Scheme?
    a) It is launched for the period of 2016-20
    b) It is an umbrella scheme incorporating ongoing schemes of the Ministry of Food Processing Industries
    c) Initial allocation of Rs. 6,000 crore
    d) The objective of is to supplement agriculture, modernize processing and decrease Agri-Waste
    Choose the correct answer from following options:

    1. Only a and b
    2. Only a, c and d
    3. Only b, c and d
    4. All are correct
  10. Which one out of the following years has been declared by government as ‘National Year of Millets’?
    1. 2016
    2. 2017
    3. 2018
    4. 2019

Answers

  1. 4
  2. 3
  3. 2
  4. 1
  5. 3
  6. 4
  7. 2
    All options except (c) are correct. Read about the scheme Aajeevika Grameen Express Yojana
  8. 1
    The Union Government constituted 8-member inter-ministerial committee headed by Ashok Dalwai, Additional secretary at the Union Agriculture Ministry to prepare a blueprint for doubling farmers’ income by 2022.
  9. 4
    All options are correct. Read about the scheme SAMPADA
  10. 3

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