RBI Grade B ESI Previous Year Questions (PYQs)
The Economic and Social Issues (ESI) section of the RBI Grade B exam plays a crucial role in determining a candidate’s success in both Phase 1 and Phase 2. Understanding the RBI Grade B ESI Previous Year Questions (PYQs) helps aspirants identify important topics, analyze question patterns, and align their preparation with the latest exam trends. By reviewing these past questions, candidates can gain insights into frequently tested areas such as growth and development, inflation, monetary policy, government schemes, and social sector initiatives. A thorough analysis of ESI PYQs not only strengthens conceptual clarity but also enhances answer accuracy and time management during the actual exam.
2022 ESI OBJECTIVE PYQ
One Nation One Ration Card
Q.1) How many states/UTs have implemented the scheme till February 2022?
Ans: 35
Q.2) If a person doesn’t get food under the scheme, he is entitled to get equivalent money. Under which rule he is entitled?
Ans: Food Security Allowance Rules 2015
Q.3) Under which act, the scheme is being implemented?
Ans: National Food Security Act 2013
Human Capital Index of World Bank
Q.4) What was India’s Rank?
Ans: 116
Q.5) India’s Score in 2018 was 0.44. It was improved to _______ in 2020?
Ans: 0.49
Q.6) Which of the following data are used to assess the countries under the index mentioned in the passage?
Ans: Health and Education
Q.7) Number of countries helped World Bank in preparing Human Capital Index.
India-Australia Free Trade Agreement
Q.8) Identify the agreement mentioned in the passage.
Ans: India-Australia Free Trade Agreement
Q.9) How many FTAs India has till April 2022 after signing of this agreement?
Ans: 13
Q.10) Which of the following statements is/are correct?
(1) The agreement will enhance the economic cooperation between two countries
(2) India has signed such an agreement with a developed country after more than a decade
(3) Both the countries are part of Supply Chain Resilience Initiative
Ans: 1, 2 and 3
Q.11) Tariffs will be provided under which of the following acts?
(1) Custom
(2) IGST
(3) Excise
Ans: 1 and 3
Sovereign Gold Bond Scheme
Q.12) Statement-based question: Following 3 persons applied for pre-redemption in 2022. Which person’s application will be accepted?
(1) Person from HUF who has invested 12kg in SGB in 2017 series 1
(2) Person who has bought bonds in the name of her minor daughter in 2017 series 2
(3) Person who has bought 50 gm in 2016 series 2
SMILE Scheme
Q.13) Under the scheme, shelter homes are being provided to the beneficiaries. Under which initiative are shelter homes being provided?
Ans: Garima Greh
Q.14) The scheme has been allocated _______ from 2020-21 to _______.
Ans: Rs. 365 Crore; 2025-26
Q.15) Which of the following statements is/are correct?
(1) Skill Development and livelihood opportunities are being provided under PM DAKSH scheme
(2) Beggar Protection cell is being set up
(3) Scholarships for students from class IX till post-graduation
Ans: 1 and 3
PM’s Award for Excellence in Public Administration
Q.16) A scheme was mentioned which has been awarded the PM’s Award for Excellence in Public Administration. On which day the scheme has been awarded?
Ans: Civil Services Day (21st April)
Raisina Dialogue
Q.17) Which of the following statements is/are correct?
(1) European Commission President Ursula Von der Leyen joined the inaugural session as chief guest
(2) One of the six thematic pillars is Rethinking Democracy: Trade, Tech and Ideology
(3) Not clear
Q.18) Where has the side event of the dialogue mentioned in the passage taken place?
Ans: Berlin; Washington DC
Q.19) (Not available)
PM Kisan Maan Dhan Yojana
Q.20) Which of the following is/are the eligible beneficiaries under PM Kisan Maan Dhan Yojana?
(1) A person who is 46 years old
(2) A person who is 35 years old having 1.5 acres of land and wants to avail the capital loan
(3) A person who is 36 years old, investing in NPS
Ans: Only 2 / None of the above
Scheme Matching Questions
Q.21) Which of the following is incorrectly matched –
(1) A person wants to increase the breed of his milch cattle – Rashtriya Gokul Mission
(2) A member from SC community who wants to set up greenfield project – Stand Up India
(3) A married woman along with her husband looking for shelter – One Stop Centre
Ans: Only 1 and 2
Bhoomi Rashi Portal
Q.22) Which of the following statements is/are correct with respect to Bhoomi Rashi Portal?
(1) The compensation is transferred directly to the beneficiary accounts
(2) It is linked to the Public Fund Management System
(3) The portal has been made mandatory for all project management agencies
Ans: All are correct
Matsya Sampada Yojana
Q.23) Which of the following statements is/are correct with respect to Matsya Sampada Yojana?
Yuva Sahakar Scheme
Q.24) A young person wants to develop entrepreneurial skills, so he goes to NCDC. Under which scheme should he register?
Ans: Yuva Sahakar Scheme
PM Aadarsh Gram Yojana
Q.25) Which of the following state is not one of those states where the scheme mentioned in the passage is being implemented?
Ans: Andhra Pradesh
Implemented in: Tamil Nadu, Rajasthan, Bihar, Himachal Pradesh, and Assam
2022 ESI DESCRIPTIVE PYQ
15 Markers
Q.1) Despite spread of urbanization in villages, challenges such as race, caste, gender
discrimination still persist. In this context, what are the challenges faced by protective
discriminatory policy?
Q.2) What is meant by economic reforms? Economic reforms from 1990s till now.
Q.3) Financial stability is essential to any financial institution/business. Discuss in the
light of Financial stability report of RBI and economic reforms in view of COVID
outbreak in India.
10 Markers
Q.1) What are the challenges associated with rural entrepreneurship? How young
enterprises can solve these problems?
Q.2) Short note on current monetary policy framework in India
Q.3) What is NBFC? How is it different from banks? What are the five types of NBFCs
registered with RBI?
2023 ESI OBJECTVE PYQ
2 Markers
I.1-4) X is an international organization that deals with the global rules of trade between nations. It
is successor to the General Agreement on Tariffs and Trade (GATT), which was in place since 1948.
It has its headquarters in Geneva, Switzerland, and serves as the principal forum for trade
negotiations, dispute settlement, and the development of global trade rules.
X facilitates trade negotiations among its member countries to develop and update trade
agreements. These negotiations, known as trade rounds, aim to lower trade barriers and address
various trade-related issues to promote free and fair trade. It also administers a set of agreements
that lay down the rules for international trade in goods, services, and intellectual property. The
most significant of these agreements are the General Agreement on Tariffs and Trade (GATT) for
goods, the General Agreement on Trade in Services (GATS) for services, and the Agreement on
Trade-Related Aspects of Intellectual Property Rights (TRIPS).
Q.1) Which round of X talks faced various challenges throughout its negotiations and has remained
uncompleted within the originally intended timeframe?
(a) Uruguay Round
(b) Doha Round
(c) Nairobi Round
(d) Buenos Aires Round
(e) Beijing Round
Answer – (b)
Q.2) When was X mentioned in above paragraph established?
(a) 1 July 1997
(b) 1 October 1996
(c) 1 January 1995
(d) 1 March 1994
(e) 1 September 1993
Answer – (c)
Q.3) Who is the incumbent Director-General of the X mentioned in the above passage?
(a) Peter Sutherland
(b) Ngozi Okonjo-Iweala
(c) Roberto Azevêdo
(d) Mike Moore
(e) Renato Ruggiero
Answer – (b)
Q.4) Which of the following is the highest decision-making body of X mentioned in the above passage?
(a) Goods and Services Council
(b) TRIPS Council
(c) Dispute Settlement Body
(d) General Council
(e) Ministerial Conference
Answer – (e)
I.5-9) X mission was launched by Hon’ble Prime Minister Narendra Modi on 20 October 2022 at
Kevadia, Gujarat. It is India-led global mass movement to nudge individual and community action
to protect and preserve the environment.
X focuses on bringing about behaviour changes in individuals for combating climate change. Its
objective is a global movement for transitioning from a model of destructive and mindless
consumption to deliberate and mindful utilization of resources. Ministry of Environment, Forest
and Climate Change is the nodal ministry for national-level coordination and implementation of
this Mission.
X also recognises that Indian culture and living traditions are inherently sustainable. It highlights
importance of conserving our precious natural resources and living in harmony with nature are
emphasised in our ancient scriptures.
Energy consumption is a significant contributor to greenhouse gas emissions, which is the primary
cause of climate change. By reducing energy use, we can reduce our carbon footprint and help
mitigate the effects of climate change
Q.5) Identify the Mission X mentioned in the above passage
(a) Mission Saubhagya
(b) Mission AWARe
(c) Mission for Global Green
(d) Mission on Strategic Knowledge for Climate Change
(e) Mission LiFE
Answer – (e)
Q.6) At which of the following international event in 2021 was the Mission X mentioned in above
passage announced by Prime Minister?
(a) UNFCCC COP24, Katowice
(b) UNFCCC COP25, Madrid
(c) UNFCCC COP26, Glasgow
(d) UNFCCC COP27, Sharm El Sheikh
(e) UNFCCC COP28, Dubai
Answer – (c)
Q.7) Which of the following is not amongst seven themes of the Mission X?
(a) Reducing use of single-use plastic
(b) Adopting healthy lifestyle
(c) Sustainable food systems
(d) Planting Trees
(e) Energy saving
Answer – (d)
Q.8) X Mission envisions three core shifts towards sustainability in three phases. Match the correct
pairs
A. Phase 1 – i. Change in Policy
B. Phase 2 – ii. Change in Supply
C. Phase 3 – iii. Change in Demand
(a) A-iii, B-ii, C-i
(b) A-i, B-ii, C-iii
(c) A-ii, B-iii, C-i
(d) A-i, B-iii, C-ii
(e) A-iii, B-i, C-ii
Answer – (a)
Q.9) Which of the following is the first country to include mission X in its Nationally Determined
Contribution?
(a) South Africa
(b) USA
(c) Australia
(d) India
(e) China
Answer – (d)
I.10-13) X report is released twice a year by Y organisation, providing an assessment of the global
economic situation. It provides an assessment of the global economic situation, including
projections for economic growth, inflation, fiscal balances, and other macroeconomic indicators
for both individual countries and regions
X report also presents economic forecasts for the near and medium-term for a wide range of
countries and regions. These forecasts are based on various factors, including historical data,
policy assumptions, and current economic conditions. It also contains an in-depth analysis of
individual countries and regions, including discussions on their economic performance, policies,
and potential risks and vulnerabilities.
In addition to providing economic analysis and projections, X report also offers policy
recommendations to address economic challenges and promote sustainable economic growth.
These recommendations are aimed at policymakers in member countries and international
institutions.
Q.10) Identify the report X mentioned in above paragraph.
(a) Global Economic Gap
(b) Global Economic Prospects
(c) World Economic Outlook
(d) World Economic Situation and Prospects
(e) World Economic and Social Outlook
Answer- (c)
Q.11) As per the report X, mentioned in above paragraph, advanced economies are expected to see an
especially pronounced growth slowdown, from 2.7 percent in 2022 to __ percent in 2023
Fill the gap
(a) 1.8 percent
(b) 1.3 percent
(c) 1.5 percent
(d) 1.7 percent
(e) 1.2 percent
Answer – (b)
Q.12) The database for above Y report mentioned in above paragraph is created during biannual
exercise, which begins in and of each year and results released in the April and
September/October publication. Fill the gaps
(a) February and August
(b) May and October
(c) June and December
(d) January and June
(e) April and November
Answer – (d)
Q.13) Which of the following are three critical missions of Y organisation that releases X report
mentioned in the above paragraph?
1) Furthering international monetary cooperation
2) Encouraging the expansion of trade and economic growth
3) Discouraging policies that would harm prosperity
4) Reducing poverty in developing countries
5) Promoting and facilitating the liberalization of trade
(a) 3, 4 and 5
(b) 2, 3 and 5
(c) 1, 4 and 5
(d) 2, 3 and 4
(e) 1, 2 and 3
Solution – (e)
I.14-16) These specific tribal groups in India have been facing extreme social, economic, and
geographic isolation and are highly vulnerable to exploitation and marginalization compared to
regular Scheduled Tribe. They usually reside in remote and geographically difficult areas, which
often contribute to their isolation from mainstream society.
These tribal groups typically have a small population, distinct cultural practices, languages, and
traditions that need protection and preservation. This makes them more susceptible to external
pressures and cultural dilution. They also face significant poverty, illiteracy, and limited access to
basic services such as healthcare and education.
This tribal group has been created by Government of India with the purpose of better improving
the living standards of endangered tribal groups based on priority. Moreover, Government of India
is giving special focus on providing targeted welfare measures and developmental initiatives to
uplift these tribal groups.
Q.14) The developmental work for these tribal groups mentioned in above paragraph are being taken
under which of the following priorities of Saptarishi (7 Priorities) of Union Budget 2023-24?
(a) Unleashing the Potential
(b) Youth Power
(c) Green Growth
(d) Infrastructure and Investment
(e) Reaching the Last Mile
Answer – (e)
Q.15) Which of the following state does not have the presence of these tribal groups mentioned in the
above paragraph?
(a) Gujarat
(b) Assam
(c) Maharashtra
(d) Tamil Nadu
(e) Kerala
Answer – (b)
Q.16) Which of the following criteria are being used by Government of India to identify these tribal
groups mentioned in above paragraph?
1) Pre-agricultural level of technology
2) Low level of literacy
3) Economic Backwardness
4) Declining or Stagnant Population
5) Distinct cultural practices
(a) 1, 3, 4 and 5
(b) 2, 3 and 5
(c) 2, 3, 4 and 5
(d) 1, 2, 3 and 4
(e) 1, 2, 3, 4 and 5
Answer – (d)
I.17-20) This portal for registration of Unorganised Workers across the country was launched on
26th August 2021. It aims to build comprehensive National Database of Unorganised Workers
(NDUW) and migrant workers in the country seeded with Aadhaar.
It serves as a centralized database of all unorganized workers including Construction Workers,
Migrant Workers, Gig and Platform workers, Street Vendors, Domestic Workers, Agriculture
Workers, etc.
The portal is proving to be huge boost towards last mile delivery of the welfare schemes of
unorganised workers. It is also improving the implementation efficiency of the social security
services for the unorganized workers and integration of Social Security Schemes meant for UWs.
Q.17) How many unorganised sector workers have enrolled on this NDUW portal mentioned in the
above paragraph?
(a) 31.45 crore
(b) 28.87 crore
(c) 24.58 crore
(d) 19.45 crore
(e) 16.67 crore
Answer – (b)
Q.18) This NDUW portal mentioned in the above paragraph has been recently integrated with
application developed by Ministry of Electronics and Information Technology and _.
Fill the gap
(a) National Payments Corporation of India
(b) National e-Governance Division
(c) Common Services Centres
(d) Unified Mobile Application for New-age Governance
(e) National Knowledge Network
Answer – (b)
Q.19) Which of the following services can be accessed through this NDUW portal mentioned in the
above paragraph?
1) Employment Opportunities
2) Skilling
3) Apprenticeship
4) Pension Scheme
5) Digital Skilling and State Schemes
(a) 3, 4 and 5
(b) 1, 2, 3 and 4
(c) 1, 3, 4 and 5
(d) 2, 3, 4 and 5
(e) 1, 2, 3, 4 and 5
Answer – (e)
Q.20) Which of the following ministries has recently added new feature in the portal to provide access to
child education and women centric schemes to the migrant workers?
(a) Ministry of women and child development
(b) Ministry of labour and employment
(c) Ministry of social justice and empowerment
(d) Ministry of health and family welfare
(e) Ministry of education
Answer – (b)
1 Markers
Q.21) Which of the following statement are correct with respect to Sovereign Gold Bond Scheme?
1) Investors are paid fixed rate of 2.5% per annum, payable semi-annually on nominal value
2) Issue price is less by Rs.50 per gram for investors subscribing online and pay through digital
mode
3) A certificate of holding will be issued at the redemption after 8 years
4) These bonds are not sold through offices of Scheduled Foreign Banks
(a) 2 and 3 Only
(b) 3 and 4 Only
(c) 1 and 2 Only
(d) 1 and 4 Only
(e) 2 and 4 Only
Answer – (c)
Q.22) The Prime Minister’s Scholarship Scheme is being implemented to encourage technical and postgraduate education Who among the eligible is/are eligible under the scheme?
1) Students who have taken admission in 1st year (except Lateral Entry & Integrated Course) are
only eligible to apply for PMSS
2) Wards of Civilians including Para Military Personnel
3) Widows of Ex Servicemen & Ex Coast Guard personnel.
(a) Only 1 and 3
(b) Only 2 and 3
(c) Only 1 and 2
(d) Only 3
(e) Only 2
Answer – (a)
Q.23) An NGO is trying to open Pradhan Mantri Jan Aushadhi Kendra. Which of the following will be the
benefits available to this NGO under the scheme?
1) It will be given incentive @ 15% of monthly purchase made from PMBI by these PMBJKS subject
to ceiling of Rs 12,000/- per month
2) It will be provided 20% margin on MRP (excluding taxes) of each drug
3) In case it is special beneficiary, it will receive incentive of Rs.2 Lakhs
(a) 1 Only
(b) 1, 2 and 3 Only
(c) 1 and 2 Only
(d) 1 and 3 Only
(e) 2 and 3 Only
Answer – (e)
Q.24) The Scheme X was launched by the Government of India on 5 April 2016 to promote
entrepreneurship at grassroot level focusing on economic empowerment and job creation. Who
amongst of the following can avail benefits under the scheme?
(1) Mohan who works in construction work wants to open his start-up to give benefits of housing
to rural sector
(2) Sunita and Sarita are sisters they belong to scheduled tribe and they want to avail a loan of
50,00,000
(3) Savitri belongs to marginal community and wants to avail loan for her start-up under the
scheme
(a) 1 and 2 Only
(b) 1 Only
(c) 2 and 3 Only
(d) 1 and 3 Only
(e) 1, 2 and 3 Only
Answer – (c)
Q.25) Rajni who is 35 years old has two daughters Rina (12 Years) and Tina (8 years). She lost her
husband recently and is availing benefits under Swadhar Greh Scheme. Which of the following is
true?
1) Rajni can only take the benefits of the scheme till 45 years
2) Rina cannot stay with Rajni as she is above 10 years
3) Rajni can only take the benefits till 3 years
(a) 1 and 2 Only
(b) 2 and 3 Only
(c) 3 Only
(d) 1 and 3 Only
(e) 2 Only
Answer – (c)
I.26) Harshit has a daughter Neha, who is 8 years old. Harshit is worried about her higher studies
and marriage. He wants to save money for her future but has no idea where he should invest or
save the money. Harshit met his friend Narender at a market where they started discussion about
their own daughter’s future. Narender told Harshit about an account which is meant for girl child.
In this account minimum Rs.250 and Maximum Rs.1.5 lakh can be deposited. The scheme under
which this account is being opened is operational since 2015 by ministry of women and child
development. Harshit was satisfied with Narender’s suggestion and he has opened the account
mentioned by Narender in the name of her daughter Neha.
Q.26) With respect to the scheme mentioned in the given information, identify the correct statement/s
(1) The scheme is meant for the girl child below 10 years of age.
(2) Premature withdrawal is limited to 50% of the balance that was at the end of the preceding
financial year.
(3) Maximum validity of account is 14 years
(a) Only 1 and 3
(b) Only 1 and 2
(c) Only 2 and 3
(d) Only 2
(e) Only 3
Answer – (b)
I.27) This is Central Sector scheme with 100% funding from Government of India.
It became operational from 1.12.2018. Under it, an income support is provided to all land holding
farmer families. In this case, farmer family is husband, wife and minor children. Identification of
eligible beneficiary families under this scheme is done by State Government and UT
administration. On basis of this, fund is directly transferred to the bank accounts of the
beneficiaries.
Q.27) Identify scheme mentioned in the above passage.
(a) PM Vibrant Villages Programme
(b) PM Kisan Maan Dhan Yojana
(c) PM Kisan Samman Nidhi(d) PM Krishi UDAN scheme
(e) National Scheme of Welfare of Farmers
Answer – (c)
I.28) X initiative has been launched by Ministry of Civil Aviation in December 2022 for a biometric
boarding system using Facial biometric verification Technology. It aims at providing a seamless and
hassle-free experience for passengers at airports. Its main objective is to enhance the passenger
experience by eliminating the need for manual verification of tickets and ID at multiple touch
points and to achieve better throughput through existing infrastructure using a Digital Framework.
Q.28) Identify X initiative mentioned in the above paragraph?
(a) Digi Suvidha
(b) Digi Travel
(c) Digi Checkin
(d) Digi Flight
(e) Digi Yatra
Answer – (e)
Q.29) Eklavya Model Residential School (EMRS) is a government initiative in India aimed at providing
quality education to tribal children. These schools are fully funded by the Ministry of Tribal Affairs.
EMRS focuses on the holistic development of students by providing them with a conducive
learning environment, modern infrastructure, and trained teachers. Government has planned to
build EMRS in every block with 50% or more ST population and at least 20,000 tribal persons. How
much capital cost for construction of EMRS is provided by Government in case of Northeast, Hilly
and LWE affected areas?
(a) Rs. 50 crores
(b) Rs. 48 crores
(c) Rs. 37 crores
(d) Rs. 25 crores
(e) Rs. 17 crores
Answer – (b)
Q.30) Manoj is 38 years old. He has six members in his family. He is involved in construction work. He got
to know about Pradhan Mantri Jan Arogya Yojana which is the world’s largest health insurance
scheme. He also found that this scheme aims at providing a health cover of Rs. 5 lakhs per family
per year for secondary and tertiary care hospitalization to poor and vulnerable families. Finding
out importance of this scheme, he enrolled himself and his family under this scheme. Which of the
following statements are correct about benefits of Scheme to Manoj?
1) Only five members of his family can avail the benefits
2) Only his dependent parents can avail the benefits
3) He cannot avail the benefits as he has crossed the age limit
(a) Only 1 and 2
(b) Only 2 and 3
(c) Only 1 and 3
(d) None is correct
(e) All are correct
Answer – (d)
Conclusion
Preparing for the RBI Grade B exam is tough, but the rewards are worth it. With careful planning, focused preparation, and regular effort, you can turn this challenge into a great opportunity.
The job offers a good salary, a healthy work-life balance, and a respected career. Every hour you spend preparing now brings you closer to a successful and fulfilling future. Good luck!
