RBI Grade B General Knowledge Questions Solved Problems with Detailed Solutions [Free PDF]

The correct answer is $145 billion.

In News

• The NITI Aayog report envisions India’s automotive component production growing to $145 billion by 2030.

Key Points

• India aims to increase its share in the global automotive value chain, which is currently at 3%, to 8% by 2030.
• The Indian automotive industry has grown into the fourth-largest global producer of vehicles, with a production capacity of nearly 6 million vehicles annually.
• India's exports of automotive components are projected to increase significantly, from $20 billion to $60 billion by 2030.
• The shift towards electric vehicles and the adoption of advanced technologies like AI and IoT will play a key role in this growth.

Additional Information

• India faces challenges in its automotive sector, including high operational costs, limited R&D expenditure, and underdeveloped infrastructure.
• Despite being a top global producer of vehicles, India holds a relatively small share of the global automotive component market.
• The report highlights the importance of improving the global competitiveness of India’s automotive components industry.
• The development of battery manufacturing hubs in India is expected to support the growth of electric vehicles and contribute to India's expansion in the global automotive market.

The correct answer is BODHI initiative will be launched by India to provide training to 300 youths from BIMSTEC countries.

In News

• The BODHI initiative will provide training to 300 youths from BIMSTEC countries every year in India.

Key Points

• India will host the BIMSTEC Young Leaders’ Summit in 2025 and hold the BIMSTEC Athletics Meet and Traditional Music Festival in 2025.
• The BIMSTEC Chamber of Commerce and the BIMSTEC Business Summit will be organized annually in India.
• India has initiated a wide range of initiatives for regional cooperation, including space cooperation, disaster management, and capacity building.
• Scholarships will be provided to BIMSTEC students, particularly in areas like forestry research.

Additional Information

• The BIMSTEC Maritime Transport Agreement, signed during the summit, aims to streamline regional maritime connectivity.
• The establishment of the BIMSTEC Centre of Excellence for Disaster Management in India is a key part of India’s disaster management initiatives.
• India is also advancing connectivity initiatives in the BIMSTEC region through the development of payment systems and digital public infrastructure.
• India’s role as a key leader in BIMSTEC is demonstrated through numerous developmental, business, and educational initiatives.

The correct answer is India lifted 171 million people out of extreme poverty.

In News

• The World Bank’s report highlighted that India has lifted 171 million people out of extreme poverty, making substantial progress in reducing poverty levels.

Key Points

• Extreme poverty in India decreased sharply from 16.2% in 2011-12 to 2.3% in 2022-23.
• The reduction in rural extreme poverty was particularly significant, falling from 18.4% to 2.8% over the same period.
• Urban poverty also saw a substantial decrease, dropping from 10.7% to 1.1% in the same period.
• India’s multidimensional poverty also declined from 53.8% in 2005-06 to 16.4% by 2019-21.

Additional Information

• The report shows that significant improvements were made in both rural and urban areas, with rural poverty declining from 69% to 32.5% and urban poverty dropping from 43.5% to 17.2%.
• India’s lower-middle-income poverty fell from 61.8% in 2011-12 to 28.1% in 2022-23, indicating progress in poverty reduction.
• Key states contributing to poverty reduction include Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh.
• Urban unemployment has fallen to its lowest level since 2017-18, contributing to improved poverty metrics.

The correct answer is Food Subsidies (PDS).

In News

• The DBT system in India helped achieve cumulative savings of Rs. 3.48 lakh crore by plugging leakages in welfare delivery.

Key Points

• Food Subsidies (PDS) saved Rs. 1.85 lakh crore, accounting for 53% of total DBT savings, mainly due to Aadhaar-linked ration card authentication.
• MGNREGS saw 98% timely wage transfers, saving Rs. 42,534 crore.
• PM-KISAN saved Rs. 22,106 crore by identifying and removing 2.1 crore ineligible beneficiaries.
• The DBT system has demonstrated significant reductions in subsidy waste and inefficiency.

Additional Information

• The DBT system aims to improve welfare delivery and financial inclusion by transferring subsidies directly to beneficiaries.
• Fertiliser subsidies were targeted to reduce sales and save Rs. 18,699 crore.
• The correlation between beneficiary coverage and DBT savings is 0.71, indicating that more beneficiaries lead to more savings.
• India's DBT system has been a major contributor to improving the efficiency of public welfare programs.

The correct answer is 6.20%.

In News

• The IMF’s World Economic Outlook report projected India's growth rate at 6.2% for 2025, making it the fastest-growing large economy.

Key Points

• India's growth outlook is relatively stable, with a projected 6.2% growth in 2025 and 6.3% in 2026.
• Global growth is expected to decline to 2.8% in 2025, much below the historical average of 3.7%.
• The IMF highlighted that India’s private consumption, particularly in rural areas, supports its stable growth.
• India’s position as the fastest-growing large economy is a key feature of the April 2025 outlook.

Additional Information

• Global inflation is projected to reach 4.3% in 2025, slower than expected earlier.
• The IMF’s global growth projections for 2025 and 2026 have been revised downward from the January 2025 update.
• India's strong economic performance is driven by its diversified economy and resilient consumption patterns.
• The global economy faces several challenges, including policy uncertainty and a rise in tariff rates, impacting growth prospects.

The correct answer is 75 to below 90.

In News

• The Panchayat Advancement Index launched by the Ministry of Panchayati Raj is designed to measure the performance of gram panchayats in achieving localized Sustainable Development Goals (SDGs).

Key Points

• Panchayats are classified into five categories based on their performance: Achiever (90+), Front Runner (75 to below 90), Performer (60 to below 75), Aspirant (40 to below 60), and Beginners (below 40).
• Front Runners are panchayats that score between 75 and 90 on the index.
• Gujarat and Telangana had the highest number of Front Runner panchayats.
• The index is based on 435 unique local indicators and 566 data points across nine themes that focus on various aspects of local governance and SDG localization.

Additional Information

• The performance index assesses panchayats in areas such as water sufficiency, social justice, clean governance, and self-sufficiency in infrastructure.
• Panchayats’ performance is critical in achieving SDGs set for 2030, which include poverty eradication, health, education, and environmental sustainability.
• Gujarat's high number of Front Runners reflects strong local governance and commitment to SDGs.
• The index categorizes 61.2% of panchayats as Aspirants, showing room for improvement at the grassroots level.

The correct answer is All of the above.

In News

• The Ministry of Electronics and IT launched the Digital Threat Report 2024, aimed at providing insights into emerging cyber threats within the BFSI sector.

Key Points

• The report was prepared with the collaboration of CERT-In, CSIRT-Fin, and SISA, highlighting the collective approach towards cybersecurity in India.
• The report focuses on identifying key cyber threats and providing actionable defense strategies for BFSI organizations.
• It aims to minimize financial risks and enhance the overall security posture of the BFSI sector.
• The document also emphasizes the need for a coordinated cybersecurity strategy to combat sophisticated attacks.

Additional Information

• CERT-In is India’s national agency responsible for cybersecurity incident management.
• CSIRT-Fin provides sector-specific support to BFSI organizations in managing cyber threats.
• SISA is a global cybersecurity firm contributing expertise in cyber defense mechanisms.
• The report’s insights will guide BFSI organizations in strengthening their defenses against evolving cyber threats.

The correct answer is Hyderabad.

In News

• The 3rd consultation on AI Readiness Assessment Methodology (RAM) took place in Hyderabad, under the initiative by UNESCO and the Ministry of Electronics and IT (MEIT).

Key Points

• The consultation is part of a series of five consultations aimed at developing an India-specific AI policy.
• The event focused on identifying strengths and opportunities within India's AI ecosystem, while ensuring ethical AI development.
• The discussions helped assess AI governance readiness and fostered the development of AI policies tailored to India’s needs.
• The consultation in Hyderabad followed previous sessions held in New Delhi and Bangalore.

Additional Information

• AI RAM is a diagnostic tool developed by UNESCO to assess the AI governance readiness of countries.
• The consultation series also aims to promote collaboration among government bodies, industry experts, and stakeholders in shaping AI policy.
• The focus of the consultations is to align AI development with ethical considerations and sustainable practices.
• The final report on AI readiness will guide India's AI strategies for the future.

The correct answer is Women own 39.2% of bank accounts and contribute to 39.7% of deposits.

In News

• The publication “Women and Men in India 2024” highlights key socio-economic indicators such as the LFPR and the increasing participation of women in banking and entrepreneurship.

Key Points

• The publication shows that women contribute significantly to bank accounts and total deposits in India.
• Women owned 39.2% of all bank accounts and contributed to 39.7% of total deposits, reflecting their growing participation in financial systems.
• Female voter turnout has slightly declined from 67.2% in 2019 to 65.8% in 2024.
• The report also reflects positive trends in female entrepreneurship, with the number of startups having at least one woman director increasing from 1,943 in 2017 to 17,405 in 2024.

Additional Information

• The increase in LFPR from 49.8% to 60.1% indicates improvements in women's workforce participation.
• The report also documents the growing role of women in the startup ecosystem, with a significant rise in women-led startups.
• The rise in female ownership of bank accounts highlights greater financial inclusion.
• The data reflects positive trends in women’s empowerment, especially in rural areas, where women’s financial participation is higher.

The correct answer is State Monetary Dashboard.

In News

• The NITI NCAER States Economic Forum Portal was launched to provide access to key data on state finances from 1990-91 to 2022-23.

Key Points

• The portal comprises four components: State Reports, Data Repository, State Fiscal & Economic Dashboard, and Research & Commentary.
• State Monetary Dashboard is not part of the portal.
• The portal offers a rich collection of data across five verticals including Demography, Economic Structure, Fiscal, Health, and Education.
• It aims to facilitate informed decision-making in fiscal management at the state and national levels.

Additional Information

• The portal was developed with inputs from NCAER and NITI Aayog, aiming to enhance transparency in state finances.
• The database is available for all Indian states, offering macro-level insights and fiscal trends over three decades.
• The Research and Commentary section highlights detailed studies on state fiscal policy.
• The State Fiscal & Economic Dashboard provides visual data analysis for quick reference.

The correct answer is Rs. 1000 crores.

Key Points

• For FY 2025-26, the Ministry of Youth Affairs and Sports has made a record allocation of Rs. 3794 crores to support various sports development programs in India, including Khelo India.
• The Khelo India Program, which focuses on nurturing talent at the grassroots level and developing a robust sports culture in India, has been allocated Rs. 1000 crores.
• Additional initiatives like the National Sports Federations and the Sports Authority of India have also received significant portions of this funding to boost sports infrastructure and training.
• The Khelo India Program is part of India's strategy to strengthen its performance at international sports events, including the Olympics and Asian Games.
• Other welfare initiatives like the Pandit Deendayal Upadhyay National Welfare Fund for Sportspersons also form part of the government's ongoing commitment to support the welfare and empowerment of athletes.

The correct answer is Pandit Deendayal Upadhyay National Welfare Fund for Sportspersons.

Key Points

• The Pandit Deendayal Upadhyay National Welfare Fund for Sportspersons offers multiple welfare benefits to athletes, including a one-time ex-gratia aid of up to ₹5 lakhs, a monthly pension, medical assistance, and support for injuries sustained during competitions or training.
• It also provides financial assistance to the families of deceased sportspersons and support personnel like coaches, referees, and physiotherapists, offering up to ₹5 lakhs and ₹2 lakhs respectively.
• The program is an integral part of the government’s broader efforts to ensure the welfare of athletes and their families.

Additional Information

• Retired athletes also receive support through programs like the RESET initiative, which helps them transition into post-sport careers with skill-building and training.
• Pensions for meritorious sportspersons, such as Olympic medalists and World Championship gold medalists, form another key element of the welfare system.

The correct answer is Lohna Uttar Gram Panchayat, Madhubani, Bihar.

Key Points

• The National Panchayati Raj Day in 2025 will be celebrated at Lohna Uttar Gram Panchayat, located in the Madhubani district of Bihar. This day is dedicated to recognizing the contribution of Panchayats in rural development and governance.
• The Panchayat Awards recognize exemplary efforts in climate action, Atmanirbharta, and capacity building among others, with financial incentives for top-ranking Panchayats.
• Rank 1 winners of the Climate Action Special Panchayat Award, like Dawwa S Gram Panchayat, are also recognized for their efforts to make Panchayats climate-responsive.
• The National Panchayati Raj Day highlights the government's commitment to strengthening local self-governance and decentralizing decision-making processes.
• The Panchayat Kshamta Nirman Sarvottam Sansthan Puraskar is another key award focusing on excellence in the training and capacity-building of Panchayati Raj representatives.

The correct answer is 240-hour AI training curriculum.

Key Points

• The "AI Careers for Women" initiative is a collaboration between the Ministry of Skill Development and Entrepreneurship and Microsoft. The initiative focuses on empowering women by providing a 240-hour AI training curriculum that is designed to equip them with the necessary skills for participation in the digital economy.
• The training will be delivered through a hub-and-spoke model in Tier-II and Tier-III towns, utilizing 30 Centres of Excellence and 150 educational institutions.
• The initiative aims to bridge the gender gap in emerging technologies by providing women with industry-relevant AI skills.
• This initiative is critical in enabling women to access opportunities in the fast-growing AI sector, ensuring they are equipped to contribute to the digital economy.
• The curriculum has been developed in consultation with the National Council for Vocational Education and Training to ensure it aligns with industry needs.

The correct answer is 31st March 2029.

Key Points

• The Cruise Bharat Mission was launched in 2024 with the objective to double cruise passenger traffic in India by 2029.
• The mission will be implemented in three phases, with the final phase concluding in March 2029.
• Phase 1, from 1st October 2024 to 30th September 2025, will focus on conducting studies and forming cruise alliances.
• Phase 2 will run from October 2025 to March 2027, focusing on developing infrastructure like cruise terminals and marinas.
• Phase 3 will be implemented from April 2027 to March 2029, integrating cruise circuits across India.
• The mission’s long-term goal is to make India a major hub for global cruise tourism, focusing on enhancing infrastructure, partnerships, and creating new cruise destinations.
• The mission also supports sustainable and eco-friendly tourism practices while boosting local economies through tourism-driven growth.