RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 22.11.2015 (Part-III)

Total Questions: 50

21. The United Nations has completed how many years of its establishment?

Correct Answer: (3) 70 years
Solution:The United Nations Organization was established as the lead organization to promote international peace and cooperation on 24 October 1945. It was set up the wake of catastrophic Second World War (1939-45). Thus, it completed 70 years of its establishment on 24 October 2015.

22. Who is the author of the recently released book, titled 'Dreaming Big: My Journey to Connect India'?

Correct Answer: (4) Sam Pitroda
Solution:'Dreaming Big: My Journey to Connect India', that was released on 22 October 2015, is the autobiography of Sam Pitroda who is often known as the person who heralded the telecom revolution in India. In the 1980s Pitroda was entrusted with the task to extend digital telecommunications to every corner of the country by the then Prime Minister Rajiv Gandhi.

23. NATO recently started its biggest and most ambitious military exercise in more than a decade. What is the name of this exercise?

Correct Answer: (1) Trident Juncture
Solution:North Atlantic Treaty Organization (NATO) on 19 Oсtober 2015, started trident Juncture-its biggest and most ambitious military exercise in more than a decade. The huge military exercise, comprising of around 36,000 troops from more than 30 NATO countries, was hosted by Italy, Spain and Portugal at 16 different locations.

24. TPIP is a proposed free trade agreement between the European Union and

Correct Answer: (4) USA
Solution:The Transatlantic Trade and Investment Partnership (TTIP) is a proposed free trade agreement between the European Union and the United States, with the aim of promoting multilateral economic growth. The United States and European Union together represent 60% of global GDP, 33% of world trade in goods and 42% of world trade 'in services.

25. What is the full form of REER?

Correct Answer: (1) Real Effective Exchange Rate
Solution:REER stands for Real Effective Exchange Rate. The Reserve Bank of India, in April 2014, announced to compute and release Real Effective Exchange Rate (REER) only on the basis of the Consumer Price Index (CPI) as the price index for India.

26. What is the full form of ASBA?

Correct Answer: (1) Applications Supported by Blocked Amount
Solution:ASBA (Applications Sup-ported by Blocked Amount) is a process developed by the India's Stock Market Regulator SEBI for applying to IPO. In ASBA, an IPO applicant's ac-count doesn't get debited until shares are allotted to them.

27. As per the recent order of TRAI, how much will a mobile user receive as compensation for every dropped call?

Correct Answer: (4) Rs. 1
Solution:The Telecom Regulatory Authority of India (TRAI) on 17 October 2015 announced new norms on the issue of call drops. Under this, mobile users will get a compensation of Re 1 for every dropped call, subject to a maximum of three dropped calls a day.

28. Which leading industrial group recently launched abof.com, a new online fashion portal?

Correct Answer: (1) Aditya Birla Group
Solution:Abof.com was, on 17 October 2015, launched by Kumar Mangalam Birla-led Aditya Birla Group as an online one-stop fashion portal for apparel, footwear and accessories for men and women. Abof stands for all about fashion. It will now compete with the likes of Myntra, a Flipkart unit, and Rocket Internet-backed Jabong.

29. Which team won the 2015 Johor Cup men's junior hockey tournament?

Correct Answer: (2) Great Britain
Solution:The British junior men's hockey team, on 18 October 2015, won the Sultan of Johor Cup hockey tournament after winning the nail-biting penalty shoot-out 4-3 against India. The teams were level 2-2 after full time in the title encounter.

30. In a first for any Indian President, the incumbent President Pranab Mukherjee recently visited which country for the first time?

Correct Answer: (2) Jordan
Solution:President Pranab Mukherjee's state visit to three nations - Jordan, Palestine and Israel in October 2015 was the first-ever visit of an Indian head-of-state to these countries. President Mukherjee also became the first Indian Head of State to address Israeli Parliament Knesset.