RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 17.06.2017(Part-I)

Total Questions: 50

31. The Reserve Bank of India has advised banks to adhere to timelines prescribed for formulation and implementation of the 'CAP' by resolution of stressed loans. The alphabet 'C' in abbreviation 'CAP' stands for

Correct Answer: (4) Corrective
Solution:CAP stands for Corrective Action Plan. RBI introduces Prompt Corrective Action when the Bank's financial conditions worsen below certain limits (trigger points). The parameters that invite corrective action from the central bank are: Capital to Risk Weighted Asset Ratio (CRAR);
Net Non-Performing Assets (NPA);
Return on Assets (RoA);
Leverage Ratio.

32. The 1,980 MW 'Ghatampur Thermal Power Project' is proposed to be set up at an estimated cost of Rs. 17,237 crore in the Indian State of

Correct Answer: (1) Uttar Pradesh
Solution:The 1,980 MW Ghatampur Thermal Power Project will come up in Kanpur district of Uttar Pradesh at an estimated cost of Rs 17,237 crore. The power project will be set up through a joint venture company Neyveli Uttar Pradesh Power Ltd that has been formed jointly by Neyveli Lignite Corporation and Uttar Pradesh Rajya Vidyut Utpadan Nigam.

33. The city of 'Abu Dhabi is the capital of

Correct Answer: (5) United Arab Emirates
Solution:
Abu Dhabi is the capital and the second most populous city (the most populous being Dubai) of the United Arab Emirates. It is also capital of the Emirate of Abu Dhabi, the largest of the UAE's seven emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast.

34. The 'Singareni Collieries Company Limited' (SCCL) is a government-owned coal mining company in India. The company is jointly owned by the Government of India and the

Correct Answer: (4) Government of Telangana
Solution:The Singareni Collieries Company Limited or SCCL is a government-owned coal mining company in India. One of the public sector undertakings, the company is jointly owned by the Telangana government (51 percent) and the Union Government (49 percent). The Union Government administers the company through the Ministry of Coal.

35. The 'IRS' is a liquid financial derivative instrument which can be used to hedge against charges in

Correct Answer: (2) Interest rates
Solution:IRS stands for Interest Rate Swap. It is a popular and highly liquid financial derivative instrument in which two partiesagree to exchange interest rate cash flows, based on a specified notional amount from a fixed rate to a floating rate or from floating rate to another. It has associations with forward rate agreements (FRAs), and with zero coupon swaps (ZCSs).

36. Punjab National Bank (PNB) has recently (May 2017) received USD 100 million as the first tranche of the USD 500 million multi-tranche finance facility for Solar Rooftop Investment Programme (SRIP) approved in 2016 by

Correct Answer: (1) Asian Development Bank
Solution:
State-owned Punjab National Bank (PNB), in May 2017, received $100 million (about Rs645 crore) as the first tranche of the Asian Development Bank's (ADB) multi-mil-lion dollar funding for installation of rooftop solar systems in India. The $100 million loan agreement signed between the ADB and PNB is backed by a guarantee from the central government.

37. According to the 2011 Census data, the sex ratio of the population in the country in 2011 stood at

Correct Answer: (3) 940 females to 1000 males
Solution:According to the 2011 Census, the sex ratio of India is 940 females per 1000 of males. The Sex Ratio 2011 shows an upward trend from the census 2001 data. There were 933 females to that of 1000 males in the 2001 census. Sex ratio is used to describe the number of females per 1000 of males.

38. During the recent (May 2017) six-day four nation tour Prime Minister Narendra Modi visited "Madrid" the capital city of

Correct Answer: (2) Spain
Solution:Madridis the capital city of the Kingdom of Spain and the largest municipality in both the Community of Madrid and Spain as a whole. Situated on the River Manzanares, it is the third-largest city in the European Union (EU) after London and Berlin, and its metropolitan area is the third-largest in the EU after those of London and Paris.

39. According to RBI guidelines, a scheduled commercial bank can own stake in a payments bank to the extent permitted under Section 19(2) of the

Correct Answer: (2) Banking Regulation Act, 1949
Solution:As per RBI guidelines, a scheduled commercial bank can own a stake in a payments bank to the extent permitted under Section 19 (2) of the Banking Regulation Act, 1949, which states that no banking company shall hold shares in any company of an amount exceeding 30% of the paid-up share capital of that company or 30% of its own paid-up share capital and reserves, whichever is less.

40. July 11, every year is observed as the

Correct Answer: (1) World Population Day
Solution:World Population day is observed on July 11 every year, which seeks to raise awareness of global population issues. The event was established by the Governing Council of the United Nations Development Programme in 1989. It was inspired by the Five Billion Day on July 11, 1987-approximately the date on which the world's population reached five billion people.