RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 21.11.2015(Part-II)

Total Questions: 50

31. According to the regional Rural (amendment) act 2015 the cap on authorised capital of RRBs has now been raised from Rs. 5 crore to

Correct Answer: (1) Rs. 2000 crore
Solution:The Regional Rural Banks (Amendment) Bill, 2014 has raised the authorised capital of Regional Rural Banks (RRBs) to Rs 2,000 crore. It is intended to strengthen these institutions and further deepen financial inclusion. RRBs were set up in pursuance of the Regional Rural Banks Act, 1976, to meet the credit needs of the rural sector.

32. The "Tansen Sangeet Smaroh' is a four day musical extravaganza organised every year in the month of December by the Government of Madhya Pradesh in Behal Village of

Correct Answer: (4) Gwalior district
Solution:Tansen Samaroh is celebrated every year in the month of December in Behat village of Gwalior district, Madhya Pradesh. It is a 4 day musical extravaganza. The event is organized near the tomb of Tansen by the Academy of the Department Of Culture, Madhya Pradesh.

33. Hindustan Anitibiotics Limited (HAL) is the first public sector drug manufacturing company set up by the Government of India in

Correct Answer: (5) Pimpri, Maharashtra
Solution:Hindustan Antibiotics Limited (HAL) is based in Pimpri, Maharashtra. Set up in 1954, it was the first public sector drug manufacturing company of India. It was the first company in India to launch a recombinant DNA product, rHU-Erythropoietin (Hemax) in 1993.

34. The term which is used to describe a situation of decrease in the general price of goods and services is

Correct Answer: (5) Deflation
Solution:In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0%. Inflation reduces the real value of money over time; conversely, deflation increases the real value of money.

35. External Affairs Minister Shrimati Sushma Swaraj recently visited Berlin, the capital of

Correct Answer: (1) Germany
Solution:Berlin is the capital of Germany. With a population of 3.5 million people, it is the second most populous city proper and the seventh most populous urban area in the European Union. Berlin is located in northeastern Germany on the banks of Rivers Spree and Havel.

36. The World Intellectual property organisation (WIPO) is one of the specialised agencies of the United Nations. Its headquartered in

Correct Answer: (1) Geneva, Switzerland
Solution:The World Intellectual Property Organization (WIPO) is headquartered in Geneva, Switzerland. WIPO was created in 1967 to encourage creative activity, to promote the protection of intellectual property throughout the world. It currently has 188 member states.

37. The capital of the Indian state of Chhattisgarh is

Correct Answer: (3) Raipur
Solution:Raipur is the capital city of the state of Chhattisgarh. It is also the largest city in Chhattisgarh. Raipur has been selected as one of the hundred Indian cities to be developed as a smart city under PM Narendra Modi's flagship Smart Cities Mission.

38. The 'Alps' are the highest and most extensive mountain ranges in Europe. The highest mountain peak in the Alps is

Correct Answer: (3) Mont Blanc
Solution:Mont Blanc, with an altitude of 4,810 m (15,781 ft), is the highest mountain in the Alps and the highest peak in Europe outside of the Caucasus range. The mountain lies in a range called the Graian Alps, between the regions of Aosta Valley, Italy, and Haute- Savoie, France.

39. 'Samvidhan Divas' the Indian Constitution Day is observed on

Correct Answer: (1) 26th November
Solution:Prime Minister Narendra Modi, on 11 October 2015, announced that November 26, the day Constitution was adopted, will be observed as 'Samvidhan Divas' as a step towards spreading awareness about the life of its chief architect B R Ambedkar. On this day, every year, school children will be taught about constitution and Dr Ambedkar.

40. Recently, the Government of India has declared that ______ will be celebrated as Good Governance day, every year.

Correct Answer: (4) December 25
Solution:Good Governance Day is observed annually on 25 December, the birth anniversary of former-Prime Minister Atal Bihari Vajpayee. The day was established in 2014 to honor Prime Minister Vajpayee by fostering awareness among the Indian people of accountability in government.