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

Total Questions: 50

21. Anurag Thakur is the first serving BJP 'Member of Parliament' to join the territorial army as an officer. The constituency represented by Shri Thakur in the parliament is

Correct Answer: (1) Hamirpur, Himachal Pradesh
Solution:Anurag Singh Thakur is a member of Lok Sabha from Hamirpur in Himachal Pradesh. He is a former President of the Board of Control for Cricket in India. he became the first serving BJP Member of Parliament to become a regular commissioned Officer in the Territorial army on 29 July 2016.

22. With a view to provide comprehensive support for start-ups and other self-employment activities, the Government had set up 'Self-Employment and Talent Utilization' (SETU) under the

Correct Answer: (5) NITI Aayog
Solution:The Government has established a mechanism to be known as SETU (Self-Employment and Talent Utilisation) under NITI Aayog. SETU will be a Techno-Financial, Incubation and Facilitation Programme to support all aspects of start-up businesses, and other self-employment activities, particularly in technology-driven areas.

23. Jeddah-based Islamic Development Bank has recently announced that it will open its first Indian branch in

Correct Answer: (1) Ahmedabad
Solution:Saudi Arabia's Islamic Development Bank (IDB), in May 2016, announced its decision to open its first branch in India at Ahmedabad, Gujarat. This announcement came as part of MoU signed between IDB and India's EXIM Bank during Prime Minister Narendra Modi visit to United Arab Emirates (UAE) in April 2016.

24. The Union Cabinet has recently (July 2016) approved setting up of a major port at Enayam near Colachel in the Indian State of

Correct Answer: (3) Tamil Nadu
Solution:The Union Cabinet, in July 2016, gave its approval for setting up a major port at Enayam near Colachel in Tamil Nadu. On completion, it will become country's 13th major port. The Port project seeks to make India a trans-shipment hub for the global East-West maritime trade route.

25. According to the 2015 revision of the UN World Population Projections, the World Population in 2100 is projected to be around

Correct Answer: (2) 11.2 billion
Solution:

According to the UN DESA report, "World Population Prospects: The 2015 Revision", launched on 29 July 2015, the current world population of 7.3 billion is expected to reach 8.5 billion by 2030, 9.7 billion in 2050 and 11.2 billion in 2100. The report added that the population of India is expected to surpass that of China by 2022.

26. The Khangchendzonga National Park (KNP) is the first 'mixed' heritage site from India to make it to the UNESCO World Heritage List. The KNP is situated in the India State of

Correct Answer: (5) Sikkim
Solution:Khangchendzonga National Park is situated in the North and West Sikkim districts of Sikkim. Situated an elevation of 1,829 metres to over 8,550 metres, it is one of the few high altitude National parks of India. It was inscribed to the UNESCO World Heritage Sites list on July 17, 2016, becoming the first "Mixed Heritage" site of India.

27. The Reserve Bank of India has authorized non-banks to operate 'White Label ATMs' un- der the provisions of

Correct Answer: (5) Payment & Settlement Systems Act, 2007
Solution:Non-bank ATM operators have been authorized by the RBI to set up, own and operate White Label ATMs under Payment & Settlement Systems Act, 2007. The decision isaimed to increase the geo-graphical spread of ATM for enhanced customer service. These ATMs can only be set up by non-bank entities incorporated in India under the Companies Act 1956.

28. The new museum 'The Stables' constructed by the Central Public Works Department in a building which was earlier used as part of the stables was inaugurated in

Correct Answer: (5) Rashtrapati Bhawan, New Delhi
Solution:A new museum, 'The Stables', was inaugurated at the Rashtrapati Bhavan in New Delhi on 25 July 2014. The museum will exhibit the history of the erstwhile Viceregal Lodge and the exquisite gifts that Presidents over the years have received from Heads of State and royalty.

29. The 'Ringgit' is the present day currency of

Correct Answer: (3) Malaysia
Solution:Ringgit is the currency of Malaysia. It is divided into 100 cents. The ringgit is issued by the Bank Negara Malaysia. The word Ringgit was originally used to refer to the serrated edges of silver Spanish dollars which circulated widely in the area during the 16th and 17th century Portuguese colonial era.

30. The State Bank of India (SBI) has recently (August 2016) unveiled a new home loan scheme "SBI Shaurya Home Loan' which is targeted at

Correct Answer: (5) Defence Personnel
Solution:To attract the beneficiaries of 7th Pay Commission, SBI, on 1 August 2016, launched cheaper home loan schemes for defence and other government employees with installment tenure extending up to 75 years of age. It will offer 'SBI Privilege Home Loan' for government employees and 'SBI Shaurya Home Loan' for army and defence personnel.