Here are most of the 1, 1.5, 2 and 2.5 marks questions from ESI and FM.
I do not remember the entire question statements as they were long and involved basic understanding of the issue discussed. This will give you an idea about your study horizon as well.
Questions/ TOPICS asked in 2015 phase 2 RBI exam:
Objective of ICDS. There were two questions within one question on ICDS
Food security mission
When can a country declare a severe drought? I remember this question because it was way out of my league and I had no clue about it. The options were something like “when 20% of area is under drought, 40% and so on”
14th and 13th FC
what is CAMELS system under management?
some question on bridge loan
Exchange traded futures true false. I don’t remember the question at all
foreign exchange transactions covers?
question on definition of motivation
Impact of fiscal deficit. some statements
china yuan devaluation effect
poor economics book written by whom?
Function of MSMED
Happiness index published by which organisation?
Global competitive index India’s rank
India rank in HDI
Activity related to FRBM
Function of RBI
Function of NHB
Long term decision- which one among the following is a long term decision? I don’t remember the statements here
high returns to investor
Forest cover in India
what is 360 degree appraisal
question on Taylor’s theory on management
quality of management
question on Henri Fayol’s theory on management. I don’t remember statements under the Question.
Writer of Arthshastra?
Increase in NPA
WTO Trade agreement
Payment bank function
Min Capital for small banks
white label ATM net worth requirement
A question on scheduled areas under the constitution.
CVC constitutional body
Who is SEBI chairman
Cadbury committee- I don’t remember the question but it was something to do about its purpose and time.
which is not related with ICDS
Factor cost GDP
GST does not cover
sequence of RRB NABARD SHG KCC in date of establishment
What does not cause inflation
Stock exchange is not for money mkt
what is Six sigma- management question
the intelligent investor author
the questions look easy on the outside but there were many questions with two inherent questions (look up sample questions released by RBI), which made it difficult and confusing.
On “Net present value”. The question had an initial outlay, yearly inflows and terminal inflow given. cost of capital was given. it was required to find out net present value from the above mentioned facts. its an easy question if you know the formula.
The second question was a mix of accounting and ratio analysis. there are disagreements about the answer even now. some Balance sheet figures like current asset, fixed assets, total liability, capital, net profit, dividends etc were given. some ratios were also given. it was required to calculate a missing figure through these facts. ratios like “debt equity ratio” were to be used in the question.
English paper had an essay and a precis. essay topics were:
the essay was on gold schemes. i don’t remember the exact topic but it was something like,”gold schemes introduced by the government”
on infrastructure. i don’t remember the exact topic- “Is infrastructure the key to economic growth in India”