RBI Grade B 18 Dec 2011

Frequent changes in monetary/ fiscal policies

No change in the Government in last ten years as 4. general elections did not take place

Low Per Capita income of a speci ed level and instability in agricultural/industrial production

Huge losses due to natural disasters resulting in displacement of people in majority

Scarcity of trained/skilled manpower in the country

The economy of India is the fourth largest in the world with GDP of about 4 trillion US $at Purchasing
Power Parity (PPP).

Agriculture which was a major concern for the growth of the economy is now growing at an average of 7%
per annum

A strong Balance of Payment (BOP) position in recent years has resulted in a comfortable stock of the
foreign exchange reserves.

India has emerged as a global leader in software and business process outsourcing.

Indian economy has shown a remarkable average GDP growth of 6.8% during last ten years.

Dr. Subir Gokarn

Mr. U. K. Sinha

Dr. Kaushik Basu

Mr. Narendra Jadhav

None of these

India is a young country with low dependency ratio

More and more Indian youth under the age of 30 are getting better health care and access to quality
technical education

The so called Middle class of India is happy as they have better housing and earning facilities

More employment opportunities and resultant financial freedom have made young women folk to pursue
single life and delay marriage

Indian youth are now biggest consumers of luxurious goods, they spend discretionary income and enjoy
the associated status.

Stronger police force

Faster legal proceedings and effective judiciary

Greater Accounting transparency and Corporate Governance

Better employer employee relationship and active participation of employees in managerial functions

All of these

Vegetables

Foodgrains

Petroleum Products

Milk

All of these

SEZs attract signi cant foreign direct investment from overseas and MNCs

SEZs give a far better price for land to the farmers and others who sell their land for the same

Production in SEZs is done for local consumption only and is supposed to tame in ation in the country

Banks in India are allowed to give loans to SEZs liberally as the interest rate on such loans is decided to be 5% higher than the normal interest rates

All of these

GNI

GDP

In ation

PPP

Wealth of a nation

Life expectancy at birth

Total cost of the agricultural land with a family

Total area of the agricultural land with a family

Availability of perennial source of water for irrigation

Nature of employment, casual/permanent or semipermanent

Volume of Direct Investment made by Foreign countries

Number of companies listed on the Stock Exchanges

Gross Domestic product of the nation

Number of Foreign nationals working in a country

All of these