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RBI GRADE ‘B’ OFFICER’S EXAM Held on : 2007 (Part-I)

📆 July 28, 2025

Total Questions: 50

1. Which of the following statement(s) is/are True about the Union Budget 2007-2008 presented in the Lok Sabha recently ?

(A) Slight change in rates of direct taxes.

(B) Basic exemption limit raised to Rs.1,10,000

(C) Education Cess increased from 3% to 4%.

(1) Only A
(2) Only B
(3) Only C
(4) All A, B & C
(5) None of these

Correct Answer: (2) Only B

2. Which of the following committees has recommended that a part of foreign exchange reserves should be used for infrastructural development ?

(1) Deepak Parekh Committee
(2) Rakesh Mohan Committee
(3) Mehta Committee
(4) Rangarajan Committee
(5) None of these

Correct Answer: (1) Deepak Parekh Committee

3. As per the news in the leading newspapers Government of India is in process of the establishment of 'SROs' for various market participants in the capital market. What is the full form of 'SROs' ?

(1) Self Regulatory Organizations
(2) Small Regulatory Organizations
(3) Small Revenue Operators
(4) Securities Roll back Operators
(5) Securities Regulatory Organization

Correct Answer: (1) Self Regulatory Organizations

4. Who amongst the following is going to issue 'Rural Bonds' of Rs.5,000 crores in days to come?

(1) Reserve Bank of India (RBI)
(2) Small Industries Development Bank of India (SIDBI)
(3) National Bank for Agriculture & Rural Development (NABARD)
(4) State Bank of India (SBI)
(5) None of these

Correct Answer: (3) National Bank for Agriculture & Rural Development (NABARD)

5. Which of the following countries has recently got entry in the top 20 Wealth Markets of the World ? (It is placed at 20th rank)

(1) Japan
(2) Britain
(3) France
(4) Brazil
(5) India

Correct Answer: (5) India

6. The Government of India has recently appointed a committee to review Forward Trading of Agro-product. Who amongst the following is the Chairman of the Committee ?

(1) Dr. Amartya Sen
(2) Prof. Abhijit Sen
(3) Dr. M. S. Swaminathan
(4) Dr Rakesh Mohan
(5) None of these

Correct Answer: (2) Prof. Abhijit Sen

7. The Aero India Show 2007 was organized in February 2007 in

(1) Chandigarh
(2) Bangalore
(3) Jaipur
(4) New Delhi
(5) Kolkata

Correct Answer: (2) Bangalore

8. Who amongst the following is the author of the book "The Algebra of Infinite Justice"?

(1) Kiran Desai
(2) Anita Desai
(3) Arundhati Roy
(4) Anita Nair
(5) None of these

Correct Answer: (3) Arundhati Roy

9. One of the significant decisions taken in the ASEAN Summit held in Cebu (Phillip- pines) recently was to expedite the process of establishment of the ASEAN Community by the year

(1) 2010
(2) 2012
(3) 2015
(4) 2017
(5) 2020

Correct Answer: (3) 2015

10. Which of the following diseases is caused by the deficiency of Iron in human body ?

(1) Anaemia
(2) Scurvy
(3) Dermatosis
(4) Beri-Beri
(5) None of these

Correct Answer: (1) Anaemia

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