RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 28.05.2022 (Part-III)

Total Questions: 50

41. Palli village recently became India’s first panchayat to become carbon neutral. In which state/union territory is it situated?

Correct Answer: (3) Jammu & Kashmir
Solution:

Palli village in Jammu’s Samba district became the country’s first panchayat to become carbon neutral in April 2022.
● It achieved this feat when Prime Minister (PM) Narendra Modi dedicated to the nation a 500 KV solar plant.

42. Which of the following gases do not contribute to greenhouse effect?

Correct Answer: (4) Hydrogen
Solution:

In descending order, the gases that contribute most to the Earth’s greenhouse effect are:
● water vapour (H₂O)
● carbon dioxide (CO₂)
● nitrous oxide (N₂O)
● methane (CH₄)
● ozone (O₃)

43. Which of the following is not a member nation of the Shanghai Cooperation Organization (SCO)?

Correct Answer: (4) Belarus
Solution:

At present, the SCO consists of 8 member nations: China, India, Kazakhstan, Kyrgyzstan, Pakistan, Pakistan, Russia, Tajikistan, and Uzbekistan.
● SCO is the world's largest regional organization in terms of geographic scope and population.

44. In which recent year was Bank of Baroda merged with two other banks?

Correct Answer: (2) 2019
Solution:

Vijaya Bank and Dena Bank were merged with Bank of Baroda with effect from 1 April 2019.
● 3,898 branches of erstwhile Vijaya Bank and Dena Bank were integrated with Bank of Baroda.
● Bank of Baroda, thus, became the third-largest, in terms of assets, after State Bank of India (SBI) and HDFC Bank.

45. How many goals come under the Sustainable Development Goals of United Nations?

Correct Answer: (4) 17 goals
Solution:

The Sustainable Development Goals (SDGs) or Global Goals are a collection of 17 interlinked objectives designed to serve as a "shared blueprint for peace and prosperity for people and the planet now and into the future.
● The SDGs were formulated in 2015 by the United Nations General Assembly (UNGA).

46. If the government hikes the wage ceiling to Rs 21,000 monthly, the monthly EPS contribution will become ___.

Correct Answer: (2) Rs. 1,550 
Solution:

Currently, contributions towards the Employees' Pension Scheme (EPS) account are calculated by capping the basic salary at Rs 15,000 a month.
● So, the maximum contribution to an EPS account is restricted to Rs 1,250 a month.
● If the government hikes the wage ceiling to Rs 21,000, the monthly EPS contribution will become Rs 1,749 (8.33% of Rs 21,000).

47. Which of the following bodies recently launched the ‘JIVA programme’ to promote natural farming?

Correct Answer: (2) NABARD
Solution:

National Bank for Agriculture and Rural Development (NABARD), in February 2022, launched the ‘JIVA programme’ to promote natural farming under its existing watershed and wadi programmes in 11 states.
● JIVA is an agroecology-based programme, an amalgamation of several projects under the watershed programme of NABARD.

48. The Parliament passed the National Bank for Agriculture and Rural Development (Amendment) Bill, 2017, to increase authorised capital of NABARD to ____.

Correct Answer: (3) Rs. 30,000 crores
Solution:

India’s Parliament passed the National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 to:
● increase authorised capital of National Bank for Agriculture and Rural Development (Nabard) by six times to Rs30,000 crore and
● enable exit of Reserve Bank of India (RBI).

49. Pradhan Mantri Krishi Sinchai Yojana is implemented by which of the following ministries?

Correct Answer: (4) All of the above
Solution:

Pradhan Mantri Krishi Sinchai Yojanaimplemented by Ministries of Agriculture, Water Resources and Rural Development.
● Launched in 2015, the scheme aims to ensure access to some means of protective irrigation to all agricultural farms in the country, to produce ‘per drop more crop’, thus bringing much desired rural prosperity.

50. Reliance Jio recently landed the next generation multi-terabit India-Asia-Xpress (IAX) undersea cable system in ___.

Correct Answer: (2) Maldives
Solution:

Reliance Jio, in February 2022, announced to land the multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives, in collaboration with Ocean Connect Maldives.
● The high capacity and high-speed IAX system will connect Hulhumale’ directly with major internet hubs in India and Singapore.