Reserve Bank Of India Officer Examination : RBI Group B General Awareness Questions

Reserve Bank Of India Officer Group-B Examination
RBI General Awareness Sample Questions

Q. Lack of access to financial services is technically known as—

• financial instability
• financial inclusion
• financial stability
• financial exclusion
• poverty

Q. Which of the following is NOT one of the major functions of the National Bank for Agricultural and Rural Development (NABARD)?

• Acting as a regulator for co–operative banks and RRBs
• Extending assistance to the government and others in matters relating to rural development
• Providing refinance to lending institution in rural areas
• Acting as a coordinator in the operations of rural credit institutions
• Review of monetary and cred- it policy

Q. As we all know Banks in India are required to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This portion is called —-

• Statutory Liquidity Ratio
• Cash Reserve Ratio
• Bank Deposit
• Reverse Repo
• Government Securities

Q. Banks in their daily business face various kinds of risks. Which of the following is one such major risk ?

• Customer risk
• Reputation
• Goodwill risk
• Protection risk ” .
• Operational risk

Q. Which of the following schemes was launched by the RBI in 2004 under which Government of In- dia dated Securities/Treasury Bills could be issued to absorb surplus/durable liquidity ?

• RTGS
• External Commercial Rorrowing
• Market Stabilization Scheme
• High value clearing scheme
• Prepaid payment Instrument facility

Q. How much amount (in ^ crores) was allocated for raising credit to the farmers in the Union Bud- get 2011-12?

• 475000 crores
• 575000 cro’res
• 675000 crores
• 775000 crores
• None of these

Q. What does the letter ‘M’ denote in the name ‘MFI’ as used in financial sector ?

• Mini
• Monetary
• Micro
• Mega
• Multiple

Q. The Government of India has created a women’s Self Help Group Development Fund so that it can reduce their interest bur- den. What is the size of the fund?

• 100 crores
• 200 crores
• 250 crores
• 400 crores
• 500 crores

Q. Which of the following is NOT a programme launched by the Government of India ?

• Sarva Shiksha Abhiyan
• Rastriya Krishi Vikas Yojana
• Accelerated Irrigation Benefit Programme
• National Ruraí Livelihood Mission
• Jeevan Anand Yojana

Q. Which of the following schemes is launched to provide prenatal and postnatal care to mother and child ?

• National Mission for Protein Supplements
• Initiative on Vegetable Clusters .
• Promotion of Nutri Cereals
• Jan Mitra Yojana
• Janani Suraksha Yojana

Q. Which of the following statements is TRUE about International Monetary Fund (IMF) ?

• IMF provide Ways and
• Means Funds to member countries
• IMF is an agency of the World Bank and is situated in Prague
• IMF makes all the rules and regulations in relation to the World Trade between the nations
• On becoming member of the IMF, countries get finance as temporary Balance of payment needs
• IMF is an organization floated by the members of NATO and caters to the need of those countries only

Q. The bank rate is

• free to fluctuate according to the forces of demand and supply
• set by the R. B. I.
• set by the R. B. I. as directed by the Union Ministry of Finance
• set by R. B. I. as advised by the Indian Banks Association
• set by Government of India on the recommendation of the Planning Commission

Q. Which of the following terms is used in the field of Banking and Finance ?

• Special Drawing Rights
• Affirmative Defence
• Civil Procedure
• Informed Consent
• Question of Fact

Q. Which of the following is one of the Millennium Development Goals fixed by the United Nations Organization (UNO)?

• Develop a global partnership for development
• Develop new varieties of food grains which can ensure bumper crops
• To ensure that population does not increase in Least Developed countries at an alarming rate
• Develop measures to avert deadly Hurricanes/Tsunamies etc. in an effective way
• Ensure that a Global Economy is developed where all nations can participate ac- cording to their strengths

Q. Which of the following countries recently got a new bailout pack- age with the help of the Private Sector?

• Germany
• France
• USA
• Greece
• Russia

Q. By which of the following months Goods and Services Tax (GST) is to be implemented in India ?

• April2015
• April 2014
• April 2013
• April 2012
• June 2012

Q. India recently completed negotiations with 16 countries for entering into a ‘TIEA’. TIEA denotes which of the following ?

• Tax India Exchange Account
• Tax Information Exchange Agreement
• Total Information Exchange Accord
• Terminal Issue and Ex- change Agreement
• Tax Issues and Export Agreements

Q. Famous Sardar Sarovar Dam is built across which of the following rivers ?

• Ganga
• Tapti
• Krishna
• Narmada
• Satlej

Q. Which of the following is NOT a Credit Rating Agency ?

• Credit Analysis and Research Ltd. (CARE)
• Lintas India Pvt. Ltd.1
• Moody’s Investors Service
• Standard and Poors
• Fitch Ratings

Q. Who among the following is the President (Chief) of the World Bank at present ?

• Peter Thomson
• Goran Hadzic
• Robert B Zoellick
• Alan Greenspan
• Z. Zang

Q. Which of the following issues was/is an issue in World Trade Organization on which India and few other countries were having all together different views than developed countries ?

• Subsidies and Government procurement policy
• G M varieties of certain crops
• Making Yuan as major trade currency
• Special treatment to NATO countries
• A11 of these

Q. Who among the following is the Head of the National Manufacturing Competitiveness Council, reconstituted recently ?

• Shri Isher Ahlúwalia
• Dr. Kaushik Basu
• Shri V. Krishnamurthy
• Shri G. M. Rao
• None of these

Q. Which of the following nations is a member of G-8 ?

• New Zealand
• Libya 
• China,
• South Sudan
• Canada

Q. Dr. Manmohan Singh recently addressed UN General Assembly. Which of the following was the major issue which he emphasized in his speech ?

• Usefulness of multilateral ‘lending agencies like IMF and World Bank in the present context
• WTO’s efforts to introduce more and more G M Crops in the market
• Democratic Rights in Gulf Countries N
• Mechanism to control oil prices in the world
• Need of strong Indo-China relations

Q. Which of the following is called ‘ “Robinhood Tax” and was in news during recent Summit of G-20 nations ?

• ExciseDuty
• VAT
• Goods and Services Tax
• Tobin Tax
• None of these

Q. The Approach Paper of 12th Fíve Year Plan got approval of the Union Cabinet recently. Which of the following is added for the first time in approach papers ?

• Growth Rate and mechanism to achieve it
• Corruption, Transparency and Governance
• Strengthening of Agriculture sector
• Periodical Review of Monetary policy by the Government and not by RBI
• All of these

Q. A huge reserve of gas was explored recently in Northern Rashidpur Gas Fields of —

• Bhutan
• Bangladesh
• Sri Lanka
• Pakistan
• Afghanistan

Q. Which of the following agencies recently conducted a Pollution Survey of various cities across the world and found out that cities in India, Iran, Pakistan and Mongolia are the most polluted cities in the world ?

• World Bank 
• International Monetary Fund
• Asian Development Bank
• World Trade Organization
• World Health Organization

Q. The Central Banks of five developed countries recently came together and decided to provide unlimited dollar loans to banks in their areas. What was the purpose of the same ?

• To prevent China from be- coming a bigger lender than the World Bank
• Ease growing tensions in the Euro zone’s financial sector
• To reinstate USA’s Credit rating at AAA level from the downgraded AA+ level
• To create an emergency pool of dollars to provide instant help to any country in case of need
• None of these

Q. Which of the following is a payment and settlement system used by the banks in India ?

• Liquidity Adjustment Facility
• Real Time Gross Settlement ‘
• Forward Rate Agreements
• Central Depository Service
• Negotiated Dealing System

Q. ‘Federal Reserve’ is the Central Bank of which of the following countries ?

• Russia
• Britain
• Canada
• Australia
• USA

Q. The Y. H. Malegam Committee which submitted its report a few months back was set up to re- port on further improvement of functioning of—

• Micro Finance Institutions
• Stock Exchanges in India
• Cooperative Banks
• Regional Rural Banks
• Foreign Banks having offices in India

Q. The Comptroller and Auditor General (CAG) of India recently got appointed as External Audi- tor of which of the following organizations/agencies ?

• WorldBank
• Bank of America
• UNESCO
• IAEA and WIPO
• International Monetary Fund(IMF)

Q. ‘Special Drawing Rights’ are the rights of countries provided by—

• WorldBank
• IMF
• ADB
• Federal Reserves
• None of these

Q. Indian citizens are allowed to in- vest overseas freely except in—

• SriLanka
• UK
• Bangladesh
• Nepal
• Pakistan

Q. Who among the following represented India in first South Asia Forum Meeting held in September 2011 ?

• Dr. Manmohan Singh
• Shri Ranjan Mathai
• Dr. Mahendra Lama
• First Two
• All Of These)

Q. Which of the following schemes is launched by the Government of India to make Indian cities free from hutments and slums ?

1. Indira Awas Yojana
2. Rajiv Awas Yojana
3. Rashtriya Gram Swaraj Yojana
4. Central Rural Sanitation Programme
5. None of these

Q. Which of the following is the largest producer of chemical fertilizers in the world ?

• India
• USA
• Mexico
• Russia
• China

Q. Which of the following is the abbreviated name of the programme launched by the Government of India for developing desert areas ?

• DRDACAPART
• DDP
• IRDP
• DWCRA

Q. Who among the following are the two economists who got Nobel Prize in 2011 for their contribution in Economics ?

• Thomas J. Sargent and Christopher A. Sims
• Peter A. Diamond and Tho- mas J. Sargent
• Christopher A. Sims and Dale T. Mortensen
• Olliver O. Williamson and Amratya Sen
• None of these