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

Total Questions: 50

11. The Indian Space Research Organization (ISRO) has roped in three partners to help it assemble 27 satellites at a quick pace over the next three years. One of them, among the options, is

Correct Answer: (1) Bharat Electronics Limited
Solution:The Union cabinet on 1 August, 2018 gave its nod to a proposal for Life Insurance Corporation of India (LIC) to acquire 51% stake in IDBI Bank through preferential of-fer of equity. IDBI Bank had approached the cabinet for approval as government's stake would drop below 51% after the share sale to LIC. The government currently holds an 85.96% stake in IDBI Bank.

12. As per recent newspaper reports (August 2018) the Union Cabinet has approved _______'s acquisition of 51% shares in the state-run IDBI Bank.

Correct Answer: (1) Life Insurance Corporation (LIC) of India
Solution:Lonely Planet, in its 'Best in Travel' selections for 2018, ranked Chile as the number one country, thanks to "the impenetrable wilds of Patagonia down south" mixed with the "evertrendier capital of Santiago". South Korea has been ranked in second place, while a little closer to home, Portugal is listed third due to its "incredible affordability and its natural wonders".

13. Lonely Planet is a large travel guide book publisher. As per Lonely Planet, ____________ has been ranked first on its list of the Top 10 countries to visit in 2018.

Correct Answer: (1) Chile
Solution:The Walled City of Ahmedabad, founded by Sultan Ahmed Shah in the 15th century, was declared India's first World Heritage City in July 2017, recognising heritage value of the walled city's unique heritage. It has now joined the privileged club of heritage cities like Paris, Cairo, Edinburg and two cities in the subcontinent, Bhaktpur in Nepal and Galle in Sri Lanka.

14. Which of the following is India's first city to get the World Heritage City tag?

Correct Answer: (3) Ahmedabad
Solution:ISRO, in July 2018, signed contracts with Alpha Design Technologies P Ltd and its six consortium members; with de-fence public enterprise Bharat Electronics Ltd; and with Tata Advanced Systems Ltd, Hyderabad, to help it assemble 27 satellites at a quick pace over the next three years. Each partner will work with the URSC to produce three small to medium satellites each year, or a total of 27 spacecraft by July 2021

15. A seventh century sculpture of Buddha carved into a mountain, defaced by Taliban in 2007, has been recently (July 2018) restored by Italian Archaeologists, is located in ___________.

Correct Answer: (4) Pakistan
Solution:An ancient rock carving of the Buddha that was blown up by the Taliban as militants overran Pakistan's Swat valley a decade ago has been restored after an international effort. Swat is a picturesque valley in the Khyber Pakhtunkhwa Province of Pakistan. The carving was half destroyed when the Tehreek-e-Taliban Pakistan swept into Swat in 2007.

16. Which amongst the following recently (in July 2018) started a four-day audit of its Indian counterpart, the Directorate General of Civil Aviation (DGCA)?

Correct Answer: (3) Federation Aviation Administration (FAA), United States
Solution:United States aviation regulator, Federal Aviation Ad-ministration (FAA), in July 2018, conducted a four-day audit of its Indian counterpart, the Directorate General of Civil Aviation (DGCA). The audit covered three key areas - орerations, airworthiness and pilots' licensing mechanism.

17. Head Quarter of INTERPOL is located in ___________.

Correct Answer: (4) France
Solution:The International Criminal Police Organization, more commonly known as Interpol, is headquartered at Lyon, France. It is the international organization that facilitates international police cooperation. It was established as the International Criminal Police Commission (ICPC) in 1923.

18. Kirana gharana is one of the most popular and prolific Indian classical khyal gharanas of India. It unarguably boasts of the most number of singers at present. Kirana gharana derives its name from a small town in Shamli district of __________.

Correct Answer: (2) Uttar Pradesh
Solution:The name of Kirana school of music derives from Kirana or Kairana, a town and tehsil of Shamli District in Uttar Pradesh. It is the birthplace of Abdul Karim Khan (1872-1937), who was one of the most important musicians of this gharana and of Hindustani music in general in the twentieth century. Kirana gharana is one of the most prolific Indian classical Khyal gharanas.

19. CVV in banking parlance stands for ____.

Correct Answer: (5) Card verification value
Solution:CVV stands for Card Verification Value. It is a security feature provided by the banks in credit, debit, and ATM cards. It is a combination of three digits or a three digit number printed on the reverse of credit/debit cards on the right side of the signature strip.

20. Salar Jung museum, an art museum with collection from Japan, China, Burma, Nepal, India, Persia, Egypt, Europe and North America is located in the city of ___________.

Correct Answer: (4) Hyderabad
Solution:The Salar Jung Museum is an art museum located at Dar-ul-Shifa, on the southern bank of the Musi River in Hyderabad, Telangana. It is one of the three National Muse-ums of India. The museum's collection was sourced from the property of the Salar Jung family, after whom it is named. It is one of the largest muse-ums in the world.