RBI GRADE ‘B’ OFFICER’S EXAM Held on : 06.02.2011 (Part-I)

41. PIIGS is the group of nations falling under _______.

Correct Answer: (1) Euro zone

Solution:'PIIGS' refer to the five Eurozone nations, which were considered weaker economically following the financial crisis. These nations are : Portugal, Italy, Ireland, Greece and Spain.

42. Which of the following is / are the preconditions, the IMF has put to provide bail out package to Ireland ?

(A) It should gradually lower down unemployment benefits.

(B) It should bring down the minimum wages in order to boost employment.

(C) It should import some of the crucial commodities from non euro countries as an immediate measure to improve shortage of the same.

Correct Answer: (5) All (A), (B) & (C)

Solution:All (A), (B) & (C)

43. India is self sufficient in production of which of the following commodities ?

Correct Answer: (3) Pulses

Solution:Pulses

44. Which of the following is used as a fuel in Nuclear power stations in India ?

Correct Answer: (1) Thorium

Solution:Thorium

45. Which of the following States has taken up the job of improving Dams with the help of the World Bank's Dam Rehabilitation and Improvement project ?

Correct Answer: (1) Kerala

Solution:The project aimed at improving the safety and operational performance of selected structures will cover dams, barrage and regulators, totalling 19 of the Irrigation Development and 12 projects of the Kerala state Electricity
Board.

46. Nitish Kumar led National Democratic Alliance won how many seats in recently held assembly elections in Bihar ?

Correct Answer: (4) 206

Solution:206

47. Who amongst the following is the author of the book "Development as Freedom" ?

Correct Answer: (5) Amartya Sen

Solution:Amartya Sen

48. Which of the following terms is used in Finance and Banking ?

Correct Answer: (1) Line of Sight

Solution:Line of Sight

49. Who amongst the following is a famous economist ?

Correct Answer: (2) Alan Greenspan

Solution:Richard Dawkins: is a British ethnologist and evolutionary
biologist.

Alan Greenspan: is an American economist who served aschairman of the Federal Reserveof the United States from 1987 to 2006.

Vernon Heywood: is a renowned British biologist. His main fields of excellence are medicinal and aromatic plants, and the conservation of wild relatives of plants.
Olivar Sachs: is a British neurologist residing in New York city.
Stephan Howking: is an English theoretical physicist and cosmologist, whose scientific books and public appearances have made him an academic celebrity.

50. Who amongst the following has never held post of the Governor of the RBI ?

Correct Answer: (5) Usha Thorat

Solution:Usha Thorat is a former Deputy-Governor of Reserve Bank of
India.