RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 06.03.2021 (Shift-I) (Part-IV)

Total Questions: 50

21. Who among the following was recently appointed as the new chairman of HCL Technologies?

Correct Answer: (3) Roshni Nadar Malhotra
Solution:

Following the resignation of her father as the Chairman of HCL Technologies in July 2020, Roshni Nadar Malhotra was appointed as the new chairman of the company.
● Roshni was the first woman to chair a listed Indian IT firm.
● Shiv Nadar is the founder of HCL Technologies.

22. Which of the following is an example of an endowment assurance plan?

Correct Answer: (1) Money Back Plan
Solution:

A 'Money Back Plan is an endowment plan with the benefit of liquidity.
● In a money back plan, the insured person gets a percentage of sum assured at regular intervals, instead of getting the lump sum amount at the end of the term.

23. The India Post Payment Bank has tied up with which Insurance company to offer life insurance in rural areas?

Correct Answer: (2) Bajaj Allianz
Solution:

India Post Payments Bank signed a five-year Corporate Agency Agreement with Bajaj Allianz Life Insurance Co. Ltd. (BALIC) in September 2018 to provide life insurance products to its consumers.
● BALIC is the first life insurer to partner with IPPB.

24. What was the theme of “World Happiness Day - 2020”?

Correct Answer: (1) Happiness For All, For Ever
Solution:

The theme of International Day of Happiness for 2020 was “Happiness For All, Forever”.
● The theme implies the significance of happiness for people all over the world.

25. “Pinaka” rocket system has been developed by which entity?

Correct Answer: (4) DRDO
Solution:

Pinaka is an indigenously developed rocket system developed by Defence Research and Development Organisation (DRDO).
● The rocket system has been developed jointly by Pune based Armament Research and Development Establishment (ARDE) and High Energy Materials Research Laboratory (HEMRL) with manufacturing support from M/s Economic Explosives Limited, Nagpur.

26. Which of the following entities recently introduced “Bondi” bond?

Correct Answer: (3) World Bank
Solution:

The World Bank launched world's first public blockchain bond named bond-i in August 2018.
● It was created, allocated, transferred and managed by using blockchain technology.
● Bond-i is an acronym standing for Blockchain Offered New Debt Instrument.

27. What is the full form of NCLAT?

Correct Answer: (1) National Company Law Appellate Tribunal
Solution:

NCLAT stands for National Company Law Appellate Tribunal
● It was formed by the Central Government of India under Section 410 of the Companies Act, 2013.

28. Which of the following bodies releases the annual World Happiness Report?

Correct Answer: (1) Sustainable Development Solutions Network
Solution:

The World Happiness Report is released by the UN Sustainable Development Solutions Network.
● The report primarily uses data from the Gallup World Poll.
● As of March 2021, Finland had been ranked the happiest country in the world four times in a row.

29. On which of the following platforms is “Dealing in Priority Sector Lending Certificates (PSLCs)” done”?

Correct Answer: (5) E – Kuber
Solution:

Trading of priority sector lending certificates (PSLCs) is done on the RBI's Core Banking Solution (CBS) portal named e-Kuber.
● All Scheduled Commercial Banks (including Regional Rural Banks), Urban Co-operative Banks, Small Finance Banks and Local Area Banks are eligible to participate in the trading.

30. Which of the following concerns recently became the first Indian port to sign the Science-Based Targets initiative (SBTi)?

Correct Answer: (3) Adani Ports and Special Economic Zone Ltd
Solution:

Adani Ports and Special Economic Zone Ltd (APSEZ), in July 2020, signed up for the Science-Based Targets initiative (SBTi).
● It became the first Indian port to commit to set science-based emissions reduction targets across their entire value chain that are consistent with keeping global warming to 1.5°C above pre-industrial levels.