RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 09.07.2023(Part-IV)

Total Questions: 50

41. The Centre recently extended the term of the 22nd Law Commission till ____.

Correct Answer: (4) 31st August 2024
Solution:

The Union Cabinet chaired by Prime Minister Narendra Modi, on 22 February 2023, approved the extension of the term of the 22nd Law Commission of India up to 31 August 2024.
● The tenure of 22nd Law Commission of India was to end on 20th February 2023.

42. What is the full form of DCB?

Correct Answer: (4) Development Credit Bank
Solution:

DCB stands for Development Credit Bank.
● DCB Bank Limited was formerly known as the Development Credit Bank.
● It is an emerging new generation private sector bank with a network of 334 branches across 19 states and 3 union territories in India

43. Which of the following entities has received approval from DGCA for indigenously developed ‘black boxes’?

Correct Answer: (3) Hindustan Aeronautics Ltd
Solution:

The Hindustan Aeronautics Ltd, on 16 February 2023, received the Indian Technical Standard Order (ITSO) authorisation from Directorate General of Civil Aviation for its indigenously developed Cockpit Voice Recorder (CVR) and Flight Data Recorder (FDR).
● The ITSO is a minimum performance standard for specified materials, parts, processes, and appliances used on civil aircraft.

44. Which of the following companies received an order from Air India for 68 Trent XWB-97 engines in February 2023?

Correct Answer: (3) Rolls-Royce
Solution:

British engineering company Rolls-Royce on 15 February 2023 announced to have received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more.
● The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines.

45. Which of the following states has the largest tiger population in India?

Correct Answer: (1) Madhya Pradesh
Solution:

According to the All-India Tiger Estimation 2022, released by the Ministry of Environment, Forest and Climate Change in July 2023, the largest tiger population of 785 is in Madhya Pradesh.
● Madhya Pradesh is followed by Karnataka (563) & Uttarakhand (560), and Maharashtra (444).

46. Which European country recently became the first to pass a law providing menstrual leave?

Correct Answer: (2) Spain
Solution:

Spain became the first European nation to pass law permitting 'menstrual leave' in February 2023.
● This law has provided women with the right to paid absence during their periods.
● Women will be allowed to take leave while they are menstruating.

47. Which Ministry in India has launched the mPassport Police App?

Correct Answer: (4) Ministry of External Affairs
Solution:

The Ministry of External Affairs (MEA), on 17 February 2023, launched the 'mPassport Police App' to streamline and expedite the process of police verification of passport issuance.
● The new digital services were launched by Union Home Minister Amit Shah during the 76th Raising Day Parade of Delhi Police.

48. Which of the following banks recently launched an electronic bank guarantee scheme?

Correct Answer: (4) Indian Overseas Bank
Solution:

Indian Overseas Bank launched the facility of issuance of e-BG (Electronic Bank Guarantee) scheme in association with the National e-Governance Services Ltd in February 2023.
● The e-BG is an instrument issued by the city-headquartered bank in which the bank undertakes to guarantee a specific amount against the non-fulfillment of some action/performance of the applicant.

49. India and ____ have agreed to cooperate in digital infra, climate action, and clean energy.

Correct Answer: (3) Spain
Solution:

India and Spain agreed to collaborate on digital infrastructure, climate action and sustainable development on 14 February 2023.
● These agreements were reached during Prime Minister Narendra Modi's telephonic conversation with Spanish PM Pedro Sánchez.

50. The core theme of the RBI's ____ Payments Vision document is '4Es'

Correct Answer: (2) 2025
Solution:

The core theme of the 2025 Payments Vision document is '4Es' - 'E-payments for Everyone, Everywhere, Every time'.
● The goals and vision of the RBI are categorized in the Payments Vision 2025 documents into five anchor goalposts - Integrity, Inclusion, Innovation, Institutionalization and Internationalization.