RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on:18.08.2018 (Part-II)

Total Questions: 50

1. A writer received the Sahitya Akademi award for English writing, for his short stories collection, "Our Trees Still Grow in Dehra". He was awarded for contributions to children's literature. He now lives with his adopted family in Landour near Mussorie. His name is

Correct Answer: (5) Ruskin Bond
Solution:Our Trees Still Grow In Dehra is a collection of fourteen engaging stories from Ruskin Bond's life. Semi-autobio-graphical in nature, these stories span the period from the author's childhood to the present. A story in this collection - A Flight of Pigeons, was made into the film Junoon.

2. The UN MSME Day was observed on ___________.

Correct Answer: (1) 27th June, 2018
Solution:The UN General Assembly, on 6 April, 2017 declared 27June as Micro, Small and Medium Enterprises (MSME) Day, recognizing the importance of Micro, Small and Medium-Enterprises in achieving sustainable development goals and in promoting innovation, creativity and sustainable work for all. The 2nd UNMS-ME Day was celebrated on 27. June, 2018.

3. A portal launched by SIDBI to improve accessibility of credit and handholding services for the MSMEs is known as __________.

Correct Answer: (2) Udyamimitra
Solution:Small Industries Development Bank of India (SIDBI), in December 2017, launched the 'Udyami Mitra' Portal to improve accessibility of credit and handholding services to Micro, Small and Medium Enterprises. It is an enabling platform which leverages IT architecture of Stand-Up Mitra portal and aims at instilling ease of access to MSMEs financial and non-financial service needs.

4. Which freedom fighter in his teens, when brought before authorities in 1921, gave his father's name as Swatantra and residence as prison cell?

Correct Answer: (2) Chandrashekhar Azad
Solution:Chandra Shekhar was imbued with nationalist sentiments when he was a mere teen. He was arrested at the age of 16 in in one of demonstrations. When asked his name, residence and that of his father, he replied to the authorities, that his name was 'Azad' (free), his father's name 'Swatantrata' (Freedom) and his residence as the prison cell. He was sentenced to receive 15 whiplashes as punishment.

5. The present Statutory Liquid-ity Ratio is _________%.

Correct Answer: (5) 19.50
Solution:The banks and other financial institutions in India have to keep a fraction of their total net time and demand liabilities in the form of liquid assets such as G-secs, precious metals, approved securities etc. The Ratio of these liquid assets to the total demand and time liabilities is called Statutory Liquidity Ratio. The current SLR is 19.5%.

6. Student Police Cadet (SPC) programme is "A programme seeks to build a bridge between the police and the larger community through school students by inculcating values and ethics in them through classes in school and outside." It has been launched nationally by _____________.

Correct Answer: (1) Shri Rajnath Singh
Solution:The Union Home Minister Shri Rajnath Singh, on 21 July, 2018, launched the Student Police Cadet (SPC) programme for nationwide implementation at a ceremony in Gurugram, Haryana. The programme aims to build bridge between Police and larger community through school students by inculcating values and ethics in them through classes in school and outside.

7. Brahmos used by Indian Defence Force is a _________.

Correct Answer: (4) Supersonic Cruise Missile
Solution:The BrahMos is a medium-range ramjet supersonic cruise missile that can be launched from submarine, ships, air-craft, or land. It is the fastest cruise missile in the world. It is a joint venture between India and Russia. The name BrahMos is a portmanteau formed from the names of two rivers, the Brahmaputra of India and the Moskva of Russia.

8. The Asian Infrastructure Investment Bank (AIIB), a multinational development bank is headquartered at ___________.

Correct Answer: (2) Beijing
Solution:The Asian Infrastructure Investment Bank (AIIB) is head-quartered at Beijing, China. It is a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region. The bank currently has 86 member states from around the world.

9. Ayushman Bharat is a ____.

Correct Answer: (2) National health Protection Mission
Solution:Ayushman Bharat is National Health Protection Scheme, which will cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries) providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization. It will be launched by Prime Minister Narendra Modi on 23 September, 2018.

10. Hurricane winds are categorised on the basis of their speed (Saffir-Simpson Hurricane Wind Scale). Category 5 Hurricane would typically have speeds of ________ miles per hour.

Correct Answer: (5) 157 or over
Solution:In a Category 5 hurricane, the highest category hurricane, winds are 157 mph or higher. People, livestock and pets can be in danger from flying debris, even indoors. Only three hurricanes have made landfall as a Category 5 hurricane since 1924. One of the most famous hurricanes in recent decades, Hurricane Andrew back in 1992, was a Category 5 hurricane when it hit Florida.