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

Total Questions: 50

11. The 'Financial Stability Report' is issued on a half-yearly basis by

Correct Answer: (1) Reserve Bank of India
Solution:The Reserve Bank of India releases the Financial Stability Report (FSR). FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, as also the resilience of the financial system.

12. The first individual to have received the 'Bharat Ratna' posthumously was

Correct Answer: (1) Lal Bahadur Shastri
Solution:Lal Bahadur Shastri, in 1966, became the first person to be awarded the Bharat Ratna posthumously. He received the honour after his death in January 1966. Shastri was the Prime Minister of India from 9 June 1964 to 11 January 1966.

13. The 'Ravi' is a transboundary river flowing through North- western India and

Correct Answer: (2) Pakistan
Solution:The Ravi is a transboundary river crossing Northwestern India and Eastern Pakistan. It is one of six rivers of the Indus System in Punjab region (Punjab means “Five Rivers”). The waters of Ravi are allocated to India under Indus Water Treaty.

14. Who amongst the following is the present captain of the Indian Women's National Hockey Team?

Correct Answer: (1) Ritu Rani
Solution:Ritu Rani is the current captain of the Indian women’s national field hockey team. Rani has lead the team to medal winning performances most notably the bronze at the 2014 Asian Games. Also under her captaincy the team qualified for the Olympics after 36 years after finishing fifth in the 2014-15 Women’s FIH Hockey World League Semifinals.

15. The famous 'Haji Ali Dargah' is a mosque and Dargah (tomb) located on an inset off the coast in

Correct Answer: (3) Mumbai, Maharashtra
Solution:The Haji Ali Dargah is a mosque and dargah located on an islet off the coast of Worli in the Southern part of Mumbai. The dargah contains the tomb of Sayed Peer Haji Ali Shah Bukhari. It is one of the most recognizable landmarks of Mumbai.

16. The Minimum Permissible Investment in the Sovereign Gold Bonds 2015' is 2 grams and the maximum buying limit is

Correct Answer: (5) 500 grams
Solution:The Gold bonds are issued in denominations of 2, 5, 10, 50, 100, 500 grams of Gold. The cap (maximum limit) on Bonds that may be bought by an entity or an individual will not be more than 500 grams per person per fiscal year.

17. Which of the following former Governors of the Reserve Bank of India has also served as the Chairman of the Prime Minister's Economic Advisory Council?

Correct Answer: (1) C. Rangarajan
Solution:C. Rangarajan, the former Governor of the Reserve Bank of India, served as the Chairman of the Prime Minister’s Economic Advisory Council from 2005 to 2014. He also served as the Governor of Andhra Pradesh from 24 November 1997 to 3 January 2003. After demitting that office, he took charge as the chairman of the Twelfth Finance Commission.

18. Which of the following has built the 7,500 tonne guided- missile destroyer INS Kochi packed with weapons and sensors that was commissioned on September 30, 2015?

Correct Answer: (1) Mazagaon Docks Limited, Mumbai
Solution:INS Kochi has been built at Mazagaon Docks (MDL) at Mumbai for over Rs 4,000 crore apiece. INS Kochi is the second ship of the Kolkata-class (Project 15A) Guided Missile Destroyers. Destroyers are second only to aircraft carriers in projecting raw combat power on the high seas.

19. The 'Sunderbans' is a National Park and a World Heritage site, is situated in the Indian state of

Correct Answer: (2) West Bengal
Solution:Sundarbans is a natural region comprising southern Bangladesh and a small part in West Bengal. It is situated in the Khulna Division of Bangladesh and South 24 Parganas, West Bengal. The Indian part of Sundarbans is estimated to be about 19 percent, while the Bangladeshi part is 81 percent.

20. According to a recent survey conducted by the World Economic Forum (WEF), the most admired personality globally is

Correct Answer: (4) Nelson Mandela
Solution:The new survey by the World Economic Forum (WEF), released in October 2015, ranked late South African President Nelson Mandela on the top. Pope Francis is the second most admired leader, while Mahatma Gandhi was ranked fourth most admired leader. Prime Minister Narendra Modi is the 10th most admired personality globally.