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

Total Questions: 50

11. Who amongst the following has recently (July 2016) been appointed as the Chairperson of Lok Sabha privileges committee?

Correct Answer: (2) BJP MP Meenakshi Lekhi
Solution:BJP leader and New Delhi MP Meenakshi Lekhi was, in July 2016, appointed as the chairperson of the Committee of Privileges of the Lok Sabha. She replaced SS Ahluwalia, who resigned on July 18, 2016 on his appointment as a minister. Ms. Lekhi is a Supreme Court of India lawyer.

12. The 2016 "WEF India Economic Summit" is going to be held in

Correct Answer: (4) New Delhi, India
Solution:The 2016 World Economic Forum (WEF) India Economic Summit was held in New Delhi in October 2016. The theme of the summit was 'Fostering an Inclusive India through Digital Transformation'. The summit focused on issues like digital transformation and regional economic integration.

13. Researchers have recently spotted 101 species of spiders belonging to 65 genera from the 'Chinnar Wildlife Sanctuary' situated in

Correct Answer: (3) Kerala
Solution:The Chinnar Wildlife Sanctuary is located in Idukki, Kerala. It is one of twelve wildlife sanctuaries among the protected areas of Kerala. It is contiguous with Eravikulam National Park to the south, Indira Gandhi Wildlife Sanctuary to the north, and Kodaikanal Wildlife Sanctuary to the east.

14. The 'Bhimberka Rock Shelters', a world heritage site, is situated in the Indian state of

Correct Answer: (5) Madhya Pradesh
Solution:The Bhimbetka rock shelters is located inside the Rata-pani Wildlife Sanctuary in the Raisen District of Madhya Pradesh. These rock shelters are an archaeological site of the Paleolithic, exhibiting the earliest traces of human life on the Indian Subcontinent, and thus the beginning of the Indian Stone Age. They were declared a World Heritage Site in 2003.

15. Chairman of the 'Bank Board Bureau' (BBB), Shri Vinod Rai has recently stepped down from the board of

Correct Answer: (5) IDFC Bank
Solution:Former Comptroller and Auditor General (CAG) of India Vinod Rai stepped down from private sector lender IDFC Bank's board on 1 August 2016. The decision was aimed to avoid conflict of interest as Mr. Rai is also the chairman of Bank Board Bureau (BBB) which will not only select board members of public sector banks but will also devise strategies for them.

16. The first technology meet under the Hydrocarbon Vision 2030 for Northeast India was recently (August 2016) held in

Correct Answer: (2) Guwahati
Solution:The first technology meet under the Hydrocarbon Vision 2030 for Northeast India was held in Guwahati in August 2016. It deliberated various issues regarding implementation of the document which envisages an investment of Rs 1,30,000 crore. It aimed to put the north-east region on top of Indian energy map by utilizing its hydrocarbon potential.

17. A coup was recently (July 2016) attempted (but failed), against the state institution including the government by a fraction within a country's armed forces in which of the following countries?

Correct Answer: (1) Turkey
Solution:On 15 July 2016, a coup d'état was attempted in Turkey against state institutions, including, but not limited to the government and President Recep Tayyip Erdogan. The attempt was carried out by a faction within the Turkish Armed Forces that organized themselves as the Peace at Home Council. The coup failed.

18. 'Vembanad Lake' is the longest lake in India and the largest lake in the Indian state of

Correct Answer: (1) Kerala
Solution:Vembanad Lake is the largest lake of Kerala. Spanning several districts in the state of Kerala, it is known as Punna-mada Lake in Kuttanad, Kochi Lake in Kochi. The Nehru Trophy Boat Race is conducted in a portion of the lake.

19. Recently introduced by Nation- al Payments Corporation of India (NPCI), the 'NACH' is a centralised

Correct Answer: (3) Electronic clearing system
Solution:National Automated Clearing House (NACH) is a centralised clearing system launched by the NPCI. It aims to replace and consolidate multiple existing Electronic Clearing Service (ECS) systems across India and create a faster and more efficient clearing platform. NACH is useful for corporate and fi-nancial institutions that make payments in bulk like dividends distributions, salaries, interests, pensions, etc.

20. The '2019 Cricket World Cup' will be hosted by

Correct Answer: (2) England and Wales
Solution:The 2019 Cricket World Cup is scheduled to be hosted by England and Wales, from 30 May to 15 July 2019. This will be the 12th Cricket World Cup competition, and the fifth time it will be held in England and Wales, following the 1975, 1979, 1983 and 1999 World Cups.