(Paper) RBI Grade 'B' Officer Mains Exam Phase I - 2017

RBI Grade 'B' Officer Mains Exam Phase I - 2017

1. India’s very own Global Positioning System (GPS) which is set to hit the market for public use in early 2018 is known as the ‘Indian Regional Navigation Satellite System’ (IRNSS). Its operational name is ……………….

A.NASIK

B. NASIC

C.NAVIC

D. NAVIK

E.NAVIS

2.The ‘Dalong Village’ covering an area of 11.35 sq. km. has recently (May 2017) been declared as Biodiversity Heritage site under Section 37 (I) of Biological Diversity Act, 2002. The village is situated in the Indian State of ………….

A.Manipur

B.Madhya Pradesh

C.Mizoram

D.Maharashtra

E.Assam

3.The ‘Almatti Dam’ is a hydroelectric project on the Krishna River in the Indian State of ……………….

A.Andhra Pradesh

B. Maharashtra

C.West Bengal

D. Karnataka

E.Telangana

4.The first Indian State which has recently launched its official ‘T– wallet’ offering anytime anywhere platform for digital payments with an additional charge for the citizens is …………….

A.Chhattisgarh

B. Telangana

C.Kerala

D. Maharashtra

E.Andhra Pradesh

5.Which of the following categories of banks are not allowed to accept deposits under ‘Pradhan Mantri Garib Kalyan Deposit Scheme’ (PMGKDS) 2016?

A.Private Sector Banks

B.Public Sector Banks

C.Regional Rural Banks

D.Cooperative Banks

E.State Bank of India

6.A banking outlet is one which opens for at least five days a week for at least ………. 

A.two hours a day

B.five hours a day

C.three hours a day

D.four hours a day

E.six hours a day

7. Which of the following instruments is ‘not’ a debt instrument?

A.Stocks

B. Debentures

C.Bonds

D. Mortgages

E.Promissory Note

8. The working and activity of NBFCS are registered by the Reserve Bank of India within the framework of the ……………

A.Reserve Bank of India Act, 1934 (Chapter 10-12)

B.Banking Regulation Act, 1949

C.Companies Act, 1956

D.Banking Companies Act, 1970 (Chapter No. 4)

E.Corporate Act, 2001

9. The Union Home Minister, Shri Rajnath Singh has recently (May 2017) released the book ‘India 2017: Yearbook’. The book is authored by …………

A.Dr. Arvind Panagariya

B.Shri Rajiv Malhotra

C.Shri Kamal Kishore

D.Shri Tanay Pant

E.Shri Rajiv Mehrishi

10. The ‘Sonai Rupai Wildlife Sanctuary’ is situated in the Indian State of …………

A.Arunachal Pradesh

B.Tripura

C.Meghalaya

D.Sikkim

E.Assam

11. The 2017 ‘North Atlantic Treaty Organization ‘(NATO) Summit was recently (May 2017) held in …………….

A.New York, United States of America

B.London, United Kingdom

C.Paris, France

D.Brussels, Belgium

E.Rome, Italy 

12.The ‘CGFMU’ is a Credit guarantee Fund established for guaranteeing loans sacrificed under the:

A.PMRY Scheme

B.PMMY Scheme

C.PMGSY Scheme

D.PMAY Scheme

E.PMUY Scheme

13.The ‘Federation of Indian Chamber of Commerce and Industries’ (FICCI) Smart Policing Award for the year 2017 has recently (May 2017) been conferred upon …………….

A.Jammu City Police

B.Pune City Police

C.Kolkata City Police

D.Delhi City Police

E.Mumbai City Police

14.Which of the following is an integrated payment system which uses the customer’s Smart or Credit Card by scanning a code of the merchant’s place?

A.Aadhaar Pay

B. UPI

C.Bharat QR

D. Paytm

E.Bhim

15.Disha Microfine Private Limited has recently (May 2017) received the final approval from the Reserve bank of India to commerce …………….

A.Local Area Bank Operations

B.Universal Banking Operations

C.White Label ATM

D.Payment Bank

E.Small Finance Bank

16.With an intention of increasing Digital transactions, the Reserve bank of India has recently permitted co-operative banks to deploy their own or third-party point of sale terminals only if their net assets are more than ……….………

A.15 crore

B. 25 crores

C.50 crore

D. 10 crores

E.35 crore

17.‘Kanwar Pal Singh Gill’ who recently (May 2017) passed away at the age of 82 was a former ………….

A. Indian Civil Rights Activist 

B.Indian Police Officer

C.Indian Intelligence Officer

D.Indian Football Player

E.Indian Civil Servant

18. The currency of the ‘Republic of Maldives’ is …………….

A.Riyal

B. Rupee

C.Ringgit

D. Rufiyaa

E.Rupiah

19. A new cheaper, quicker and pollution- free ‘soil-to-soil technology to manufacture ‘biofuel’ has recently (June 2017) been developed by researchers at …………….

A.IIT-Gandhinagar

B.IIT-Jamshedpur

C.IIT-Kanpur

D.IIT-Kharagpur

E.IIT-Bhubaneshwar

20. The ‘European Extremely Large Telescope’ which when completed will be the world’s largest optical telescope is being set up on a 3,000-meter-high mountain in………….

A.Arctic Desert in Canada

B.Gobi Desert in China

C.Taklimakan Desert

D.Sahara Desert in Chad

E.Atacama Desert in Chile

21. Asian Infrastructure Investment bank (AIIB) has recently approved a loan of USD 160 million for a power project in the Indian State of ………………

A.Maharashtra

B.Madhya Pradesh

C.Andhra Pradesh

D.Himachal Pradesh

E.Odisha

22. Payment solutions providers ‘Oxigen Services’ and ‘PayU India’ have been granted in-principle approval from Reserve Bank of India (RBI) to operate as …………

A.Payments Bank

B.Small Finance Bank

C.White Label ATM

D.Universal Bank

E.Bharat Bill Payments Operating Unit 

23.The archaeological site of the Paleolithic period, the ‘Bhimbetka rock shelters’ is situated in the Indian State of …………….

A.Andhra Pradesh

B.Chhattisgarh

C.Madhya Pradesh

D.Himachal Pradesh

E.Odisha

24.The ‘Shri Shiv Chhatrapati Sports Complex’ also known as Balewadi stadium, is situated in ……………

A.Nashik, Maharashtra

B.Mumbai, Maharashtra

C.Aurangabad, Maharashtra

D.Nagpur, Maharashtra

E.Pune, Maharashtra

25.The ‘Cash and ATM Management Companies’ are now not required to comply with the Private Security Agencies (Regulation) Act (PSARA). As a result, they may not be allowed to attract Foreign Direct Investment (FDI) up to …….

A.51 percent

B. 28 percent

C.100 percent

D. 72 percent

E.90 percent

26.At any one time, the minimum balance in a BSBDA Small Account should not exceed………….

A. 40,000/-

B. 50,000/-

C. 30,000/-

D. 20,000/-

E. 1,00,000/-

27.The Union Cabinet has recently approved the public testing of five state-owned general insurance companies and making the government’s stake in them from 100% to………….

A.75 percent

B. 49 percent

C.51 percent

D. 61 percent

E.45 percent

28.In India the Credit rating agencies are regulated by ……………

A.SEBI

B. RBI

C.FIMMDA

D. PFRDA

E.IRDA

29.The Dadasaheb Phalke Academy Award in the newly introduced ‘Internationally Acclaimed Actress’ Category has recently been awarded to film actress ………….

A. Aishwarya Rai Bachchan 

B.Malika Sherawat

C.Priyanka Chopra

D.Deepika Padukone

E.Freida Pinto

30. The HCL Asian Junior Tennis Championship 2017 was recently (29th May 2017-3rd June 2017) held in ……………

A.Jakarta, Indonesia

B.Pune, India

C.Kuala Lumpur, Malaysia

D.Mumbai, India

E.Kolkata, India

31. The Reserve Bank of India has advised banks to adhere to timelines prescribed for formulation and implementation of the ‘CAP’ by resolution of stressed loans. The alphabet ‘C’ in abbreviation ‘CAP’ stands for …………….

A.Convertible

B. Corporate

C.Company

D. Corrective

E.Currency

32. The 1,980 MW ‘Ghatampur Thermal power Project is proposed to be set up at an estimated cost of ₹ 17,237 crore in the Indian State of ………………….

A.Uttar Pradesh

B.Chhattisgarh

C.Bihar

D.Odisha

E.Uttarakhand

33. The city of ‘Abu Dhabi’ is the capital of …………….

A.Republic of Turkey

B.Lebanese Republic

C.The Hashemite Kingdom of Jordan

D.Kingdom of Saudi Arabia

E.United Arab Emirates

34.The ‘Singareni Collieries Company Limited’ (SCCL) is a government-owned coal mining company in India. The company is jointly owned by the Government of India and the ……………

A.Government of Madhya Pradesh

B.Government of Andhra Pradesh

C.Government of Uttar Pradesh

D.Government of Telangana

E.Government of Tamil Nadu

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