RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 04.09.2016 (Shift-II)(Part-II)

Total Questions: 50

21. Which of the following Indian states has become the first Which of the following Indian states has become the first

Correct Answer: (3) Maharashtra
Solution:Maharashtra, in June 2016, became the first State in the country to have a 'State butterfly' after the state government declared the Blue Mormon (Papilio polymnestor) as the State butterfly. The Blue Mormon is a large, swallowtail butterfly found primarily in Sri Lanka and India, mainly restricted to the Western Ghats of Maharashtra, South India and coastal belts.

22. The Ministry of Finance has recently (August 2016) notified the consumer inflation target of 4% for the next five years with an upper tolerance level of

Correct Answer: (1) Six per cent
Solution:The finance ministry has notified the consumer inflation target for RBI until March 31, 2021, with an upper tolerance level of 6% and lower limit of 2%. The rate was finalised in consultation with Governor Raghuram Rajan. This prepares the ground for setting up Monetary Policy Committee that will set rates in keeping with this target. RBI currently sets the rate.

23. The city of 'Canberra' is the capital of

Correct Answer: (4) Australia
Solution:Canberra is the capital city of Australia. With a population of 381,488, it is Australia's largest inland city and the eighth-largest city overall. As the seat of the government of Australia, Canberra is the site of Parliament House, the official residence of the Monarch's representative the Governor-General, the High Court and numerous government departments and agencies.

24. The Yamuna river originates from _____ glacier.

Correct Answer: (3) Yamunotri
Solution:The Yamuna River originates from the Yamunotri Glacier at a height of 6,387 metres on the south western slopes of Banderrpooch peaks in the uppermost region of the Lower Himalayas in Uttarakhand. It is second largest tributary river of the Ganges (Ganga) in northern India.

25. The country's first aadhaar based atm is launched by which one of the following banks?

Correct Answer: (4) DCB Bank
Solution:In a first for any domestic bank, small-sized lender DCB Bank, on 3 April 2016, started an Aadhaar-based ATM usage facility in Mumbai wherein a customer can transact using his biometric details instead of the PIN. This was followed by launch of Aadhaar based ATM in Odisha and Punjab.

26. At the '2016 Rio Olympics', the Indian contingent was led by gold medallist

Correct Answer: (2) Abhinav Bindra
Solution:India's ace shooter Abhinav Bindra, on 5 August 2016, led the Indian contingent at the parade of nations in the opening ceremony of Rio 2016 Olympics. Bindra won the gold in the 10 m Air Rifle event at the 2008 Beijing Olympic Games, becoming the first Indian to win an individual gold medal at the Olympic Games.

27. Sever tropical typhoon 'Nida' recently (August 2016) hit the city of Shenzhen in

Correct Answer: (1) China
Solution:Shenzhen is a major city in Guangdong Province, China. It is located immediately north of Hong Kong Special Administrative Region. Nida as a tropical cyclone that struck Luzon, Philippines and Guangdong, China in late July and early August 2016 respectively.

28. Five new sports that are popular in Japan have been identified to be included to the 2020 Tokyo Olympics. Which of the following is 'not' one of them?

Correct Answer: (1) Tug of war
Solution:The 129th International Olympic Committee (IOC) Session in Rio de Janeiro, on 3 August 2016, approved 5 new sports for the 2020 Tokyo Olympic Games. Those games/sports are: baseball/ softball, karate, skateboarding, sports climbing and surfing.

29. The Pashudhan Bima Yojana has been launched by which state Government of India?

Correct Answer: (3) Haryana
Solution:Haryana Government, on 29 July 2016, launched Pashudhan Bima Yojana in Jhajjar. The scheme will provide insurance cover to cattle breeders in the state at different premium rates for different animals. Insurance cover will be provided at a premium of 100 rupees for cows, buffaloes, bulls, camels.

30. The National Handloom Day is celebrated on which day in India?

Correct Answer: (4) August 7
Solution:Prime Minister Narendra Modi, on 7 August 2015, announced August 7 as National Handloom Day to mark the 1905 Swadeshi movement. It was on August 7, 1905 that the formal proclamation of the Swadeshi Movement was made in a meeting at the Calcutta Town hall.