RBI GRADE ‘B’ OFFICER’S EXAM Held on : 17.11.2002 (Part-I)

(A) USA wishes to attack on Iraq as it does not want Saddam Hussein to rule Iraq.

(B) USA feels that Iraq has helped terrorist groups.

(C) Germany and several other countries are not supporting USA's stand on Iraq.

Correct Answer: (5) All the three are true

Correct Answer: (2) Economist

Correct Answer: (3) President of Uganda

Correct Answer: (4) Sikkim

(1) To improve better banker- customer relationship
(2) to create data base for important economic indicators
(3) To combat the menace of money laundering
(4) To ensure that collection bank avails statutory protection under Section 131
(5) None of these

Correct Answer: (1) To improve better banker- customer relationship

(1) It is a move towards 90 day norm for recognition of bad loans from the year ending March 31.03.2004.
(2) It is a move towards introducing simple rate of interest on credit.
(3) It is a move to introduce international norms for charging of interest on credit.
(4) It is a move towards recov- ery of interest portion at monthly rents.
(5) None of these

Correct Answer: (1) It is a move towards 90 day norm for recognition of bad loans from the year ending March 31.03.2004.

Correct Answer: (2) Sri Jaswant Singh, Finance Minister

Correct Answer: (5) None of these

(A) Earlier these norms were applicable only for direct agricultural advacnes but now all short-term agricultural crop loans are also covered.

(B) For reckoning non-performing assets norms of four harvesting seasons should be made applicable.

(C) Each harvesting season should be of one year duration.

Correct Answer: (5) All the three are not true

(1) Elections of Panchayats under the Central Election Commission
(2) Reservation of one-third seats for the women in Panchayats and Village Assemblies.
(3) Panchayats will work for the period of five years.
(4) If a panchayat is dissolved, elections should must be held within six months.
(5) All are incorrect

Correct Answer: (1) Elections of Panchayats under the Central Election Commission