Practice NABARD Grade A Economic and Social Issues ESI Questions
Practice NABARD Grade A Economic and Social Issues (ESI) Questions

NABARD Grade A Exam: Economic and Social Issues ESI Questions

Practice NABARD Grade A ESI Questions Set. As we all know that NABARD Grade A exam is attracting thousands of aspirants every year and also one of the most prestigious competitive exams in India. Among the various sections in the NABARD Grade-A exam, the Economic and Social Issues (ESI) section holds significant importance. The Economic and Social Issues (ESI) section is a vital part of the NABARD Grade A exam, contributing 40 marks in the phase-1 and 100 marks in the phase-2.

This article provides a detailed overview of the NABARD Grade A Economic and Social Issues (ESI) Questions Set, along with preparation strategies, the importance of the ESI section to help candidates excel in this NABARD Grade-A exam. . ESI Questions, test the candidate’s understanding of India’s socio-economic challenges, policies, and developmental strategies.

NABARD Grade A ESI Questions Set-3

The Economic and Social Issues (ESI) section is a high-weightage section in the NABARD Grade-A exam. In real exam difficulty level of NABARD Grade A ESI Questions are moderate to high, but with consistent preparation, you can score well. With the right preparation, candidates can score well in this section, boosting their overall rank. Below you can practice with NABARD Grade-A ESI Questions –

1. Mixed economy means-

A. co-existence of small and large industries
B. promoting both agriculture and industries in the economy
C. co-existence of public and private sectors
D. co-existence of the rich and the poor
E. existence of wholesale and retail markets

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Correct Answer – C. co-existence of public and private sectors

Explanation-A mixed economy is defined as an economic system consisting of a mixture of either markets and economic planning, public ownership and private ownership, or markets and economic interventionism.

2. Which of the following is one of the measures of economic growth of a country?

A. Poverty alleviation program
B. Number of companies listed on the stock exchanges
C. Gross domestic product of the nation
D. Number of foreign nationals working in a country
E. All of the above

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Correct Answer – C. Gross domestic product of the nation

Explanation-Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.

3. Which of the following is one of the indicators of Human Development Index (HDI)?

A. Life expectancy at birth
B. Total cost of the agricultural land with a family
C. Total area of the agricultural land with a family
D. Availability of perennial source of water for irrigation
E. Nature of employment, casual permanent or semi-permanent

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Correct Answer – A. Life expectancy at birth

Explanation-The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

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4. Real national income growth refers to-

A. national income growth adjusted for inflation
B. national income growth adjusted for population growth
C. national income growth adjusted for depreciation rate
D. national income growth adjusted for saving growth
E. national income growth adjusted for saving

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Correct Answer: A. national income growth adjusted for inflation

Explanation-The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms.

5. Which state has launched the ‘Jalsathi’ programme to ensure supply of safe drinking water to all households in the state?

A. Maharashtra
B. Odisha
C. Tamil Nadu
D. Karnataka
E. Assam

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Correct Answer – B. Odisha

Explanation-Odisha Chief Minister Naveen Patnaik has launched the ‘Jalsathi’ programme to ensure supply of safe drinking water to all households in the state.

6. The term ‘Gross National Happiness’ was coined by-

A. Amretya Sen
B. Bhutan’s King
C. Maqbool Haq
D. European Union
E. Economists of Sweden

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Correct Answer: B. Bhutan’s King

Explanation-Gross National Happiness is a term coined by His Majesty the Fourth King of Bhutan, Jigme Singye Wangchuck in the 1970s.

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7. Which of the following refers to a type of unemployment that occurs when a worker is shifting from one job to the other?

A. Structural unemployment
B. Chronic unemployment
C. Frictional unemployment
D. Disguised unemployment
E. Seasonal unemployment

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Correct Answer: C. Frictional unemployment

Explanation-It occurs when a worker is shifting from one job to the other. During the mobility period, he may unemployed for some time. It is a temporary phenomenon. In other words, Frictional unemployment is the time period between jobs when a worker is searching for, or transitioning from one job to another.

8. In which of the following places is the Islamic Development Bank (IDB) headquartered?

A. Abu Dhabi, UAE
B. Dubai, UAE
C. Jeddah, Saudi Arabia
D. Kuwait City, Kuwait
E. None of the above

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Correct Answer – C. Jeddah, Saudi Arabia

Explanation-The Islamic Development Bank (IDB) is a multilateral development financing institution located in Jeddah, Saudi Arabia. It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the king of Saudi Arabia at the time, and began its activities on 20 October 1975. There are 56 shareholding member states. On the 22 May 2013, IDB tripled its authorized capital to $150 billion to better serve Muslims in member and non-member countries. The Bank has received credit ratings of AAA from Standard & Poor’s, Moody’s and Fitch. Saudi Arabia holds about one quarter of the bank’s paid up capital. The IDB is an observer at the United Nations General Assembly.

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9. When is the World Youth Skills Day celebrated?

A. 15th November
B. 15th December
C. 15th July
D. 15th August
E. 15th April

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Correct Answer – C. 15th July

Explanation-World Youth Skills Day that annually falls on July 15 is one of new UN International Days of observance. It was established by the UN General Assembly on November 11, 2014. Observance of the day aims to create more awareness on training and the development of skills for the youth of today and also create better employment opportunities for the youth. The Government of India launched the Skill India Mission on this day in July, 2015.

10. Which of the following organizations releases the Global Economic Prospects Report?

A. The International Monetary Fund
B. The World Bank
C. The Asian Development Bank
D. The New Development Bank
E. The World Economic Forum

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Correct Answer – B. The World Bank

Explanation-the World Bank Group releases its ‘Global Economic Prospects’ report.

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The section is designed to evaluate the candidate’s ability to apply theoretical knowledge to practical scenarios, making it both challenging and scoring.

Best ESI Book for NABARD Grade A Exam 2025

At Let’s Study Together (LST) we understand our students’ requirements and keeping it in mind, The LST Team created a Very special “A Complete Book for NABARD Grade A Economic & Social Issues (ESI) 2024- 4500+ Questions with Detailed Answers” to crack NABARD Grade A & B exam. These questions are made by our experts after carefully examining previous years’ question papers of NABARD. If you prepare this thoroughly, you can very easily crack the NABARD ESI Section.

Best ESI Book for NABARD Grade A Exam 2025

Key Topics Covered in NABARD Grade A ESI Questions:

  • Indian Economy: Economic History & Planning, Economic Reforms (1991 LPG Reforms), GDP, Inflation, Fiscal Policy, Monetary Policy and Poverty, Unemployment, and Inequality.
  • Agriculture & Rural Development: Agricultural Production & Trends, Government Schemes (PM-KISAN, KCC, e-NAM), Rural Credit & Financial Inclusion and Sustainable Farming & Climate Change.
  • Social Issues in India: Education & Skill Development, Health & Nutrition (NHM, Ayushman Bharat), Women Empowerment & Gender Equality and Social Justice & Welfare Schemes
  • Industry & Infrastructure: MSME Sector & Make in India, Industrial Policies & Growth and Infrastructure Development (Roads, Railways, Ports)
  • International Economic Institutions: World Bank, IMF, WTO, BRICS, ASEAN, SAARC and Global Economic Trends

The Economic and Social Issues (ESI) section is a important component of the NABARD Grade-A exam. By understanding the syllabus, practicing Economic and Social Issues ESI Questions, and staying updated with agriculture & rural current affairs, you can easily crack this section. Use the memory-based questions and preparation strategies provided in this article to enhance your NABARD Grade-A preparation and boost your chances of success.

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