RBI Grade B Phase 1 — 2021 Practice Questions

In the recently published Global Innovation Index (GII), India’s rank has improved to 48th in the year 2020. Its rank in the year 2019 was _________

The International Energy Agency has recently published the report “India Energy Outlook” for the year 2021. As per this report, at present, India is the _______ largest global energy consumer.

Ministry of Labour and Employment has published 4 labour codes in the year 2020. These codes are aimed at protecting the interest of workers and will provide them social security, protection, safe working environment and effective conciliation, mechanism for their grievances. Which one of the following is not one these four labour codes published by the Labour Ministry?

An integrated logistics and hyperscale data centre park called Green base and Yotta is going to be set up by Hiranandani Group companies, in which one of the following states?

India -Maldives joint military exercise ‘Ex EKUVERIN – 2019’ was held in which place?

Amazon’s market value was $250 billion in the year 2015, two decades after its founding in the year 1995. This major e -commerce company was started as which of the following in its earliest days?

Union Minister of State for Agriculture Shri Parshottam Rupala has recently introduced AYUSHMAN SAHAKAR. It is a unique scheme to assist cooperatives play an important role in the creation of ___________ infrastructure in the country, under National Coop erative Development Cooperation (NCDC).

Indian Finance Minister Arun Jaitley introduced a GIS -based Mobile App for financial inclusion in the year 2018 during Annual Public Sector Banks meeting. This App assists the common people in finding a financial service touch point at any location in the country. What is the name of this mobile app?

___________ was the first microlending bank in India to win a banking license from the Reserve Bank of India (RBI) in April 2014.

Ranthambore National Park is located near which one of the following cities of Rajasthan?

The Union budget for the year 2021 -22 has allocated ₹1.1 trillion for the Indian Railways, out of this amount how much will be utilized for capital expenditure for 2021 -22 to expand rail infrastructure in India?

Denmark has decided to build the world’s first artificial island with the aim to provide clean energy. The island will be located in the North Sea (located between England and Scotland). Power will be generated from which of the following energies?

Identify which among the following festivals is celebrated by the Apatani, or Tanw, also known by Apa, the tribal group living in the Ziro valley in the Lower Subansiri district of Arunachal Pradesh in India?

Identify which among the following PSUs has featured on top of the list among “Indian PSUs” in 'World's Best Employer 2020' Report, published by Forbes in the month of October 2020?

National Cadet Corps (NCC) of India, which is the largest uniformed youth organisation in the world, has celebrated its 72nd Raising Day on which of the following dates, in the year 2020?

Identify the bank that has introduced “Gram Sampark Abhiyan”, a nation -wide Financial Inclusion and Literacy Campaign on the occasion of the 151st birth anniversary of Mahatma Gandhi, in the year 2020?

To achieve the vision of creating a financially aware and empowered India, the Reserve Bank of India has published the second edition of “National Strategy for Financial Education” (NSFE) for 2020 -2025. The NSFE has recommended the adoption of a ‘___ C' approach for the dissemination of financial education in India.

CRA is an agency registered under Pension Fund Regulatory and Development Authority (PFRDA) to perform functions of record -keeping, accounting, administration, and customer service to Pension scheme subscribers. What does “R” stand for in CRA?

Real Time Gross Settlement (RTGS) system is primarily meant for large value transactions. The minimum amount to initiate a transaction through RTGS is ________ with no upper or maximum ceiling.

The Ministry of New and Renewable Energy (MNRE) has introduced the scheme PM KUSUM for farmers with the aim to add solar and other renewable capacity of 25,750 MW by 2022. Consider the following given statements regarding this scheme and identify the one which is not a feature of the same?

Cyclone Nivar made a landfall near which one of the following places, recently in the month of November 2020?

In recent news, in the month of October 2020, World Economic Forum (WEF) has declared to set up India’s first Advanced Manufacturing HUB or AMHUB in w hich of the foll owing states?

PM Kisan is a Central Sector scheme with 100% funding from Government of India. Who among the following are not eligible to avail the benefit of PM Kisan scheme?

In the recently published Union Budget 2021 -22, what amount of funds has been allocated under the revamped Post Matric Scholarship Scheme (PMSS) for the welfare of Scheduled Castes for 6 years, to benefit 4 crore SC students?

In recent news, in the month of February 2021, Puducherry Chief Minister V. Narayanasamy has submitted his resignation to Lieutenant Governor Tamilisai Soundararajan, after losing a confidence vote in the Legislative Assembly . The Puducherry Legislative Assembly has _________ seats.

In Feb 2021, Ngozi Okonjo -Iweala was appointed as the seventh Director -General of the World Trade Organization, becoming the first woman head of the body. She belongs to which of the following countries?

The Reserve Bank of India has constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation of payments across the country. Which one of the following is not a parameter that enables the measurement of deepening and penetr ation of digital payments in the country?

__________ is the art and science of making maps and charts.

HCL Technologies has declared to roll out a one -time special bonus of Rs 700 crore to its employees globally, in recognition of its recent milestone of crossing the _________ mark in revenue for 2020.

What is the current ceiling of Cash Reserve Ratio (CRR) set by the Reserve Bank of India?

In recent news, in the month of Jan 2021, a certification course “NAVRITIH” was introduced by Prime Minister Narendra Modi. It is related to which of the following sectors?

In recent news, in the month of December 2020, Government of India has declared to set up a Multi -Modal Logistics Hub & Multi -Modal Transport Hub (MMTH), with the aim of making India a strong part of the Global Value Chain. In which of the following states will it be set up?

In recent news, in the month of February 2021, ____ INS Karanj - a Scorpene class submarine has been handed over to the Indian Navy by Mazagon Dock Limited.

Identify which among the following Small Finance Banks has got the permission from SEBI to launch its IPO in the month of December 2020?

ATMs that are owned and operated by non -bank entities are called as _____.

Good Governance Day in India is observed on December 25th. This day is observed to commemorate the birth anniversary of which of the following Indian personalities?

Identify which among the following is NOT a policy rate that is changed by the Reserve Bank of India (RBI) from time to time?

In recent news, in the month of December 2020, “iMobile app” was introduced by ICICI Bank with the aim to strengthen the financial ecosystem of the country. Read the below given statements and determine which is NOT correct regarding the features of this

The Government has introduced the New National Education Policy 2020 . As per it ______% is the target Gross enrolment ratio (GER) for pre -school to secondary level by the year 2030 and _____% is the target GER of higher education by 2035.

The state of Maharashtra has topped the list of states in terms of MSME registration in Udyam Portal. Identify which among the following states is second after Maharashtra as per a newspaper report, published recently in February 2021?

In recent news, in the month of October 2020, the Government has notified that a “National Authority of Ship Recycling” will be set up to look after the sustainable development of the Ship Recycling industry, monitoring the compliance to environment -friendly norms. In which of the following states will it be located?

As per the recently published guidelines by RBI in October 2020, Non -deposit - taking HFCs with an asset size of ₹5,000 crore and above, but less than ₹10,000 crore will have to reach a minimum LCR of _____ by December 1, 2021 and _______ by Decemb er 1, 2025.

Identify which among the following states is set to be home to the country’s first sand dune park under a project funded by the World Bank, which has accepted the proposal of the Biodiversity Board of the state, recently in October 2020?

What is the current Marginal Standing Facility Rate, in the month of February 2021?

A women’s Self -Help Group (SHG), coming together on the basis of mutual affinity, is the primary building block of community institutional design of which of the schemes, being run by the Government of India?

India’s First Fire Park has been opened in which of the following states in the month of January 2021?

The Reserve Bank of India has proposed to increase the minimum Net Owned Fund (NOF) for Housing Finance Companies (HFCs) from the current requirement of Rs ________to Rs 20 crore.

The year 2021 commemorates ________anniversary of the signing of the Ramsar Convention on Wetlands on 2nd February in Ramsar, Iran, celebrated annually as World Wetlands Day.

The world’s longest highway tunnel named as “Atal Tunnel” has been opened by Prime Minister Narendra Modi in the month of October 2020 . It connects which of the following two places?

In recent news, in the month February 2020, which of the following companies has declared plans to launch online engineering courses that will focus on three areas — employability assessment and recruitment, reinforced learning, reskilling and vocational skills training?

In recent news, (September 2020), Bayer’s Better Life Farming initiative has declared partnership with which of the following banks in India to provide holistic financial solutions to smallholder farmers and rural farming communities?

What is the Bank Credit to GDP ratio in India, as of March 2020?

The WHO Foundation has appointed Indian -origin global health expert Anil Soni as its first ____________ in the month of January 2021.

Tata Steel has recently (in February 20201) declared the plans to double its steel producing capacity from the current to _______ million tonnes, in consideration of the expanding steel demand.

India’s largest Public Sector Bank SBI is expecting its home loan portfolio to touch Rs 7 lakh crore by the year_______, where demand is being driven by an increased desire among the youth to own homes early in life, rising incomes, and government pol icies like the cuts in stamp duty and subsidy.

In the month of February 2021, West Indies has recently defeated Bangladesh in a test match after chasing a target of 395 runs. This was ______ highest run chase in the history of test matches.

The Japanese government is going to join the ‘Five Eyes’ intelligence -sharing alliance. The island nation is on its way to become the ‘sixth eye’. Which one of the following countries is not a part of the ‘Five Eyes’ group?

In the month of December 2020, The Olympic Council of Asia has declared that Doha, Qatar will host the 2030 Asian Games while _________ will host the 2034 edition.

India's first digital asset management platform called __________, has been formally introduced in Tamil Nadu under Centre's ambitious ''Atmanirbhar" initiative, in December 2020.

The RBI has published the Annual Report “Ombudsman Schemes of the Reserve Bank for the year 2019 -20”, in the month of February 2021. The Banking Ombudsman Scheme (BOS) was first notified by the Reserve Bank in the year _____ under Section 35A of the Banking Regulation Act, 1949.

Identify which among the following banks has emerged as the top player among the 100 Banking, Financial Services and Insurance (BFSI) companies in India, as per the recently published report in the month of December 2020?

The Government of India has decided to extend the benefit of the Scheme for “Remission of Duties and Taxes on Exported Products” (RoDTEP) to all export goods with effect from 1st January, 2021. This scheme will replace ______.

Cairn Energy, a _______ firm has filed a case in a district court of USA (in Feb 2021) to enforce a $1.2 billion arbitration award that was by it in a tax dispute against India.

The Reserve Bank of India had constituted an Internal Working Group (IWG) in June 2020 to review the extant ownership guidelines and corporate structure for Indian private sector banks. Refer to the statements given below and identify which of the following is/are the recommendation(s) of this IWG, as per its report submitted in Nov 2020. i. Large corporate/industrial houses may be allowed as promoters of banks only after necessary amendments to the Banking Regulation Act, 1949 and strengthening of the supervisory mechanism for large conglomerates, including consolidated supervision. ii. For Payments Banks intending to convert to a Small Finance Bank, track record of 3 years of experience as Payments Bank may be considered as sufficient. iii. The cap on promoters’ stake in the long run (15 years) may be raised from the current level of 15 percent to 26 percent of the paid -up voting equity share capital of the bank.

Consider the following statements regarding the features of Senior Citizen Saving Scheme (SCSS) and identify the correct answer out of the options given below :

The Tso Kar is a Salt Lake which is also a high -altitude wetland complex . It is situated in the Rupshu plateau located in which of the following places?

In recent news, in the month of December 2020, the cabinet has cleared the PM -WANI scheme. It aims to provide which of the following services?

Jigmet Dolma, an SPO of Ladakh Police has recently secured __________ position in the Dhaka Marathon 2021, organised in the month of January 2021.

The Spices Board of India has set an ambitious target, in the month of February 2021, of achieving an export value of $5 billion by 2025 and $_____ billion by the year 2030.

In the month of February 2021, Seychelles has become the first country to welcome the tourists that have been vaccinated against COVID -19. Seychelles is located in the Indian Ocean, nearest to which of the following countries?

International Tea Day is observed globally on which of the following dates?

UNDP has notified 17 Sustainable Goals (SDGs) to be attained by the year 2030. SDG 5 is related to which of the following?

The International Olympic Committee (IOC) has its headquarters located in which of the following places?

In recent news, in the month of Jan 2021, NITI Aayog has published the second edition of India Innovation Index. Identify which among the following has topped in the category of major states?

Where is the headquarters of the International Olympic Committee located?

Section 80C of the Income Tax Act allows a maximum deduction of Rs _________every year from the taxpayer’s total income. The benefit of this deduction can be availed by Individuals and HUFs. Companies, partnership firms, LLPs cannot avail the benefit of this deduction.

The Government of India has decided to celebrate Subhash Chandra Bose’s birthday on the _________ every year as “PARAKRAM DIWAS”, starting from the year 2021.

In recent news, in the month of Oct 2020, Andorra has become _________ member of the International Monetary Fund.

In recent news, the Reserve Bank has come out with a five -pillared strategic approach 'GUARD' to deal with cybersecurity threats being faced by urban cooperative banks (UCBs). What does A in GUARD stands for?

Kasturba Gandhi Balika Vidyalaya is a scheme introduced by the Government of India for the school girls of SC, ST, OBC and minority communities , from the classes of __________.