Economic & Social Issues (ESI) Questions For RBI Grade B Phase II 2023 | Set-22

Correct Answer: E. 2030
Explanation: At the 2016 high-level meeting at the UN General Assembly, India pledged to fast track efforts towards ending HIV/AIDS as a public health threat in the next five years, and to end the epidemic by 2030.

Correct Answer – B. Skills Build Platform
Explanation- Directorate General of Training (DGT), under the aegis of Ministry of Skill Development & Entrepreneurship (MSDE), has announced the launch of Skills Build platform in collaboration with IBM. As part of the programme, a two-year advanced diploma in IT, networking and cloud computing, co-created and designed by IBM, will be offered at the Industrial Training Institutes (ITIs) & National Skill Training Institutes (NSTIs).

Correct Answer – C. SUMAN
Explanation- SUMAN scheme – “Surakshit Matritva Aashwasan” scheme to provide free medicines for pregnant women and there by bringing down the Maternal Mortality Rate (MMR) and Infant Mortality Rate (IMR) in the country was launched by the Union Health Minister Dr Harsha Vardhan during the Conference of Central Council of Health and Family Welfare (CCHWF) in New Delhi.

Correct Answer: A. Ministry of Housing and Urban Affairs
Explanation- The mHariyali mobile application was launched by the Ministry of Housing and Urban Affairs to encourage public engagement in planting trees and Green drives. The application provides automatic geo – tagging of plants. It will hence enable the nodal officers to periodically monitor the plantation.

Correct Answer: E. Plan Expenditure
Explanation- There are two components of expenditure – plan and non-plan. Of these, plan expenditures are estimated after discussions between each of the ministries concerned and the Planning Commission. Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments.

Correct Answer – E. Colombo Declaration
Explanation- UN Environment Programme (UNEP) member states recently adopted the “Colombo Declaration” which calls for tackling global nitrogen challenge. The Colombo Declaration has been developed with the technical support of the International Nitrogen Management System (INMS), a joint activity of the UNEP and the International Nitrogen Initiative supported by the Global Environmental Facility. The aim is to halve nitrogen waste by 2030.

Correct Answer – C. 1950
Explanation- National Sample Survey Organisation (NSSO) was set up in 1950 as a permanent survey organisation to conduct national sample surveys to assist in socio-economic planning and policy-making. The first round of NSSO, covering rural India was conducted during 1950-51. Since then NSSO has been conducting sample surveys on a variety of subjects and the data have been widely used by the Government, social scientists and other users. The work of NSSO has won international acclaim and stimulated the creation of similar organisations in other developing countries.

Correct Answer – A. Planning Commission or now NITI Aayog
Explanation- The Planning Commission was an institution in the Government of India, which formulated India’s Five-Year Plans, among other functions. NITI Aayog is a Government of India policy think-tank established by Prime Minister Narendra Modi after his having dissolved the Planning Commission. The acronym NITI stands for National Institution for Transforming India.

Correct Answer – D. 2020
Explanation: The 3rd anniversary of ‘The National AI Portal (https://indiaai.gov.in)’ is celebrated on May 30, 2023. The National AI Portal is a joint initiative by the Ministry of Electronics and IT (MeitY), National e-Governance Division (NeGD), and NASSCOM. The portal focuses on creating and nurturing a unified AI ecosystem in the country to drive excellence and leadership in knowledge creation to develop an AI-ready robust workforce for the future and use AI to foster economic growth.

Correct Answer – B. Capital account convertibility
Explanation- The Committee on Capital Account Convertibility (CAC) or Tarapore Committee was constituted by the Reserve Bank of India for suggesting a roadmap on full convertibility of Rupee on Capital Account. The committee submitted its report in May 1997. The committee observed that there is no clear definition of CAC. The CAC as per the standards, refers to the freedom to convert the local financial assets into foreign financial assets or vice versa at the market determined rates of exchange.