RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 09.11.2019(Part-III)

Total Questions: 50

41. Which of the following ‘energy-rich nations’ has pledged to fully eliminate the ‘Kafala’ labour system that ties foreign workers to their employer and requires them to have their company’s permission to leave the country?

Correct Answer: (1) Qatar
Solution:The energy-rich nation of Qatar in October 2019 pledged to fully eliminate the ‘kafala’ labour system that ties foreign workers to their employer and requires them to have their company’s permission to leave the country.
● Workers will be able to freely change employers under draft laws described as being ‘expected to come into force by January 2020.

42. According to the Reserve Bank of India guidelines (October, 2019) on ‘on-tap authorisation’ for Bharat Bill Payment Operating Unit (BBPOU), entities desirous to function, operate, or provide platforms for BBPOU are required to maintain at all times a minimum net worth of _______.

Correct Answer: (5) Rs. 100 crore
Solution:The RBI on 15 October, 2019 issued guidelines on ‘on tap’ authorisation for Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs).
● For entities desirous to function, operate, or provide platforms for BBPOU, the RBI said they should have a Rs. 100 crore net worth and should be maintained at all times.
● In case of TReDS, the minimum paid up equity capital should be Rs. 25 crore.
● The minimum net worth for entities desirous of entering the WLA segment should be Rs. 100 crore.

43. Trade and Cultural Fare the ‘Balijatra Festival’ is held every year in the Indian State of _______.

Correct Answer: (1) Chhattisgarh
Solution:Bali Jatra is Odisha's biggest trade and cultural fair.
● It is also known Boita Banda?a, which literally means ‘A Voyage to Bali’.
● The annual festival is celebrated from day of Kartika Purnima (according to Odia Calendar), which comes around end of October and November.
● It is held in Cuttack city of Odisha, at Gadagadadia Ghata of Mahanadi river.

44. The 10th edition of the Joint Military Exercise ‘Vajra Prahar’ was held in October, 2019 between India and the ________

Correct Answer: (1) USA
Solution:

The 10th edition of the joint military exercise ‘Vajra Prahar’ between India and the US was held at Joint Base Lewis-McChord (JBLM) in Seattle, USA, during 13-28 October 2019.
● A 45-member Special Forces team from Indian Army trained alongside US Special Forces.
● ‘Vajra Prahar’ is a Special Forces joint training exercise conducted alternately in India and the US.

45. Joint Military Exercise ‘Shinyuu Maitri’ was carried out (in October, 2019) by the Indian Air Force with the Japanese Air Self Defense Force (JAS-DF) in the Indian State of ________.

Correct Answer: (4) West Bengal
Solution:The Indian Air Force carried out the ‘Shinyuu Maitri’ joint military exercise with Japanese Air Self Defence Force (JASDF) at Air Force Station, Arjan Singh in Panagarh town, West Bengal, from 17 to 23 October, 2019.
● IAF’s C-130 J aircraft of Special Operations Squadron and JASDF’s C-130 H of Tactical Airlift Squadron took part in the exercise.

46. Former Olympic Champion, 28-year old Li Xuerul who announced (in October, 2019) her retirement, was associated with.

Correct Answer: (4) Badminton
Solution:Li Xuerui was a Chinese professional badminton player, one of the most successful players of her time.
● She was a gold medalist at 2012 London Olympic in the women’s singles event and was the silver medalists in the 2013 and 2014 World Championships.
● She had won fourteen Superseries titles, confirmed her name as China’s second most successful player after Wang Yihan.

47. The first man to perform a spacewalk in 1965 ‘Alexei Leonov’ who passed away in October, 2019 at the age of 85 was a legendary ________

Correct Answer: (4) Soviet Cosmonaut
Solution:Alexei Leonov was a Soviet and Russian cosmonaut, Air Force major general, writer, and artist.
● On 18 March, 1965, he became the first human to conduct a spacewalk, exiting the capsule during the Voskhod 2 mission for 12 minutes and 9 seconds.
● In July 1975, Leonov commanded the Soyuz capsule in the Soyuz-Apollo mission, which docked in space for two days with an American Apollo capsule.

48. The “Digi Smart” credit card focused primarily on the ever-growing segment of Millennials has been launched in September, 2019 by _____.

Correct Answer: (3) Standard Chartered Bank
Solution:

Standard Chartered Bank on 6 September, 2019 launched its DigiSmart credit card primarily focused on the ever-growing segment of millennials.
● Standard Chartered Bank partnered with several companies such as Myntra, Grofers, Yatra, Zomato, Ola and INOX in the initial phase to offer customers with discounts and other benefits.

49. The headquarters of ‘The International Olympic Committee’ is situated in ______.

Correct Answer: (2) Lausanne, Switzerland
Solution:The International Olympic Committee is a non-governmental sports organisation based in Lausanne, Switzerland.
● Founded by Pierre de Coubertin and Demetrios Vikelas in 1894, it is the authority responsible for organising the modern Summer and Winter Olympic Games.
● The IOC is the governing body of the National Olympic Committees (NOCs), which are the national constituents of the worldwide Olympic Movement.

50. Dr. Mahathir Bin Mohamad is the current Prime Minister of _______.

Correct Answer: (2) Malaysia
Solution:Mahathir bin Mohamad is a Malaysian politician who is currently serving as the prime minister of Malaysia since 10 May 2018.
● He was appointed prime minister in 1981, retired in 2003, and returned to the office in 2018.
● He is the chairman of the Pakatan Harapan coalition, as well as a member of the Parliament of Malaysia for the Langkawi constituency in the state of Kedah.