RBI Grade B 2023 Memory Based Quiz 2023: 9th July for Regulatory Bodies Exams

Question 1

What is the theme of the first Supreme Audit Institution 20 (SAI20) Senior Officers Meeting is being organized from 13th -15th March 2023 in Guwahati?

Question 2

Which of the following statements is/are correct with respect to Bharat Bill Payment System?

1. It was conceptualised by the Reserve Bank of India in 2015.

2. It supports IMPS, NEFT, UPI, cheques, wallets but doesn’t support cash.

3. It can also process cross-border inbound payments to facilitate payment of utility bills by non-resident Indians (NRIs).

Choose the correct codes:

Question 3

Which of the following group of insurance agencies has been identified as the domestic systemically important insurers (D-SIIs) for 2022-23 by the IRDAI?

Question 4

What is the rebate limit of personal income tax in the new tax regime, as proposed in the Union Budget 2023-24?

Question 5

Select the factor which is not covered under the benefits of Pradhan Mantri Fasal Bima Yojana (PMFBY)?

Question 6

In March 2023, SWAMIH Investment Fund completed 20,557 homes worth ₹12,000 crore since its inception in 2019. In this context, which of the following statements is/are correct?

1) In SWAMIH Investment Fund, SWAMIH refers to Special Window for Affordable and Mid-Income Housing.

2) It is managed by the State Bank Group's SBICAP Ventures Limited.

3) It aims to complete stressed and brownfield properties registered under Real Estate Regulatory Authority (RERA).

Question 7

How many sectors are covered in the Index of Industrial Production?

Question 8

In June 2023, which of the following banks has surrendered its NBFC licence and accordingly, its registration has been cancelled?

Question 9

In May 2023, the Reserve Bank of Indi imposed a monetary penalty of ₹1.73 crore on which of the following banks for furnishing incorrect credit information?

Question 10

Legal Entity Identifier (LEI) is a _________________________ unique global identifier for legal entities participating in financial transactions and its purpose is to help identify legal entities on a globally accessible database.

Question 11

Which of the following statement is NOT correct with respect to Unified Payments Interface (UPI)?

Question 12

How much amount of the expenditure budget was approved by the Union Cabinet for the National Green Hydrogen Mission to make India the global hub for green hydrogen production?

Question 13

According to the Reserve Bank of India, the RBI’s Digital Payments Index increased to 377.46 in September 2022 from 349.30 in March 2022.

In the context of RBI’s Digital Payments Index, which of the following statements is/are incorrect?

(a) The Reserve Bank of India introduced the RBI-DPI in 2021.

(b) The RBI-DPI comprises 6 broad parameters to capture the digitization of payments across the country.

(c) RBI took March 2018 as the base period to construct the RBI-DPI.

Question 14

Which of the following is the major objective of the recently created Payments Infrastructure Development Fund (PIDF) from RBI?

Question 15

Consider the following statements:

1). Lending by a commercial bank for certain sectors which are identified as “priority sector” by the Reserve Bank of India is called priority sector lending.

2). Priority sector lending (PSL) should constitute 10 percent of Adjusted Net Bank Credit ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher.

3). Agriculture, Renewable Energy, Housing and Export Credit are few categories under priority sector.

Which of the statements given above is/are correct?

Question 16

Which document is not required for availing AePS (Aadhaar enabled payment system)?

Question 17

Gross Saving Rate is expressed as a percentage of ___________.

Question 18

In June 2023, the climate clock was launched in which city?

Question 19

Which of the following is not authorized to sell sovereign Gold Bonds?

Question 20

Recently, The Reserve Bank of India has canceled the Certificate of Registration (CoR) of how many non-banking financial companies (NBFCs)?

Question 21

Consider the following statements regarding the Pradhan Mantri PVTG Development Mission (as announced in Union Budget 2023-24):

1) In this context, PVTG refers to Particularly Vulnerable Tribal Groups.

2) Rs 25,000 crores will be made available to implement the Mission in the next 5 years under the Development Action Plan for the Scheduled Tribes.

3) The Centre will also recruit 38,800 teachers and support staff for the 740 Eklavya Model Residential Schools, serving 3.5 lakh tribal students.

Which of the above statements is/are incorrect?

Question 22

According to the World Gold Council, which are the top three nations of Global mine production?

Question 23

In May 2023, PM Modi released a coin of Rs.75 during the new parliament's inauguration. In this context, which of the following metals was not used in the making of the coin?

Question 24

Which of the following is not the largest Steel Producing Companies in the World?

Question 25

What is the amount of gold reserves, among the total forex reserves of India?

Question 26

How many teams are there in the Indian Taekwondo Premier League (TPL)?

Question 27

In May 2023, ONGC plans to target net zero carbon emissions by which year?

Question 28

Recently, during the French Open, Novak Djokovic entered into a controversy during his first-round victory. What was the issue?

Question 29

Which Indian organization tops India Inc in the Forbes Global 2000 list for 2023?

Question 30

In cricket, what does DLS stand for?

Question 31

In June 2023, RBI governor Shaktikanta Das launched a Financial Inclusion Dashboard to provide the required insight to assess of financial inclusion by capturing relevant parameters. What is the name of this dashboard?

Question 32

Consider the following statements with respect to mangrove trees.

Vivipary is a special adaptation observed in mangrove trees to help them reproduce successfully in high-saline environments.
As per the latest Forest Survey of India, mangrove cover in India has decreased as compared to the previous assessment.
Avicennia, Rhizophora, Sonneratia and Bruguiera are some of the mangrove tree species found in India.

Which of the above statements is correct? (Level- Difficult)Which of the above statements is correct? (Level- Difficult)

Question 33

Union Minister, Sarbananda Sonowal flagged off the maiden International Cruise Vessel named 'MV Empress' from Chennai to ___________.

Question 34

Consider the following statements, with respect to 5th State Food Safety Index:

1). Kerala has topped the index among the larger states category, followed by Tamil Nadu and Punjab.

2). Among the smaller states category, Goa leads the index, followed Manipur and Sikkim.

3). This Index was launched in 2018-19

Which of the following statements is/are correct?

Question 35

Which of the following institutes has emerged as the top college under the overall category for the fifth consecutive year in the National Institutional Ranking Framework (NIRF) Rankings 2023?

Question 36

In February 2023, which of the following banks introduced a unified portal 'Fyn' for corporate customers to track their payments, collections, trade, and other services related to their bank accounts?

Question 37

What is the maximum deposit limit for Senior Citizen Savings Scheme, as proposed in the Union Budget 2023-24?

Question 38

Under Mission for Integrated Development of Horticulture (MIDH), Government of India contributes to what percentage of the total outlay for developmental programmes in all the states except states in North East and the Himalayas?

Question 39

SUJALAM Campaign is a 100 days campaign has been launched by which ministry as a part of the Azadi Ka Amrit Mahotsav celebrations?

Question 40

National Strategy for Financial Inclusion (NSFI) for 2019-2024 recognizes which of the following stakeholders?

Question 41

Direction: Read the information carefully and answer the questions below.

Eight people i.e. P, Q, R, S, T, U, V and W are sitting around a circular table with equidistant from each other and all are facing inside the table. All the persons belong to a three-generation family in which two are married couples. Only one person sits between R and W who is the brother of Q. S sits third to the left of R. W is unmarried. Q is the brother-in-law of P and sits adjacent to R. T is the son of V and sits opposite to Q. U is the son of P who sits third to the left of Q. T is the father of S who is the granddaughter of R. R is the mother of Q. S and U are siblings. S’s grandfather sits opposite to S who is not a female member. U who is a male member of the family does not sit adjacent to his grandfather.

What is the relation of T with respect to the one who sits opposite to R?

Question 42

Direction: Read the information carefully and answer the questions below.

Eight people i.e. P, Q, R, S, T, U, V and W are sitting around a circular table with equidistant from each other and all are facing inside the table. All the persons belong to a three-generation family in which two are married couples. Only one person sits between R and W who is the brother of Q. S sits third to the left of R. W is unmarried. Q is the brother-in-law of P and sits adjacent to R. T is the son of V and sits opposite to Q. U is the son of P who sits third to the left of Q. T is the father of S who is the granddaughter of R. R is the mother of Q. S and U are siblings. S’s grandfather sits opposite to S who is not a female member. U who is a male member of the family does not sit adjacent to his grandfather.

How many people sit between Q and the brother of S?

Question 43

Direction: Read the information carefully and answer the questions below.

Eight people i.e. P, Q, R, S, T, U, V and W are sitting around a circular table with equidistant from each other and all are facing inside the table. All the persons belong to a three-generation family in which two are married couples. Only one person sits between R and W who is the brother of Q. S sits third to the left of R. W is unmarried. Q is the brother-in-law of P and sits adjacent to R. T is the son of V and sits opposite to Q. U is the son of P who sits third to the left of Q. T is the father of S who is the granddaughter of R. R is the mother of Q. S and U are siblings. S’s grandfather sits opposite to S who is not a female member. U who is a male member of the family does not sit adjacent to his grandfather.

Who is the brother of the one who sits second to the right of V’s spouse?

Question 44

Direction: Read the information carefully and answer the questions below.

Eight people i.e. P, Q, R, S, T, U, V and W are sitting around a circular table with equidistant from each other and all are facing inside the table. All the persons belong to a three-generation family in which two are married couples. Only one person sits between R and W who is the brother of Q. S sits third to the left of R. W is unmarried. Q is the brother-in-law of P and sits adjacent to R. T is the son of V and sits opposite to Q. U is the son of P who sits third to the left of Q. T is the father of S who is the granddaughter of R. R is the mother of Q. S and U are siblings. S’s grandfather sits opposite to S who is not a female member. U who is a male member of the family does not sit adjacent to his grandfather.

Who sits opposite to R’s daughter-in-law?

Question 45

Direction: Read the information carefully and answer the questions below.

Eight people i.e. P, Q, R, S, T, U, V and W are sitting around a circular table with equidistant from each other and all are facing inside the table. All the persons belong to a three-generation family in which two are married couples. Only one person sits between R and W who is the brother of Q. S sits third to the left of R. W is unmarried. Q is the brother-in-law of P and sits adjacent to R. T is the son of V and sits opposite to Q. U is the son of P who sits third to the left of Q. T is the father of S who is the granddaughter of R. R is the mother of Q. S and U are siblings. S’s grandfather sits opposite to S who is not a female member. U who is a male member of the family does not sit adjacent to his grandfather.

Find the odd one.

Question 46

Direction: In these questions, four statements followed by the five conclusions are given, one of which logically does not follows from the given statements. That conclusion is your answer.

Only a few Tree is Soil
All Plane is Root

No Soil is Plane

Question 47

Direction: In these questions, four statements followed by the five conclusions are given, one of which logically does not follows from the given statements. That conclusion is your answer.

All Steel is Plant
No Steel is Ore

Some Ore is Space

Question 48

Direction: In these questions, four statements followed by the five conclusions are given, one of which logically does not follows from the given statements. That conclusion is your answer.

All Cold is Fat

All Key is Fat

No Key is Oil

Question 49

In a mixture of milk and water, the percentage of water is 25%. If y litre water is added to the mixture, then the percentage of water becomes 40%. After this y litre mixture is taken out and 0.8y litre milk is added. What is the difference between the quantities of milk and water in the final mixture?

Question 50

X is a two-digit natural number. Following information is known about X:

I. Unit digit of X is greater than 1 but less than ten place digit.

II. The square, cube or fourth power of the unit digit of X gives the same number.

III. If both the digits of X are multiplied the number obtained is a multiple of 7.

If the digits of X are interchanged, then the number obtained will be closest to which of the following number?

Question 51

Direction: Study the given information carefully and answer the question that follows.

A survey is conducted in a college that has 200 students. Each student like at least one sport out of three sports X, Y and Z. 9% of the total students like X and Y but not Z. 8% of the total students like Y and Z but not X. 10% of the total students like X and Z but not Y. 13% students like all the three students. The sum of number of students who like only Z and the number of students who like all three sports is 108. Each sport is liked by equal number of males and females. The number of females who like X is of the number of students who like Z.

How many students like only X?

Question 52

Direction: Study the given information carefully and answer the question that follows.

A survey is conducted in a college that has 200 students. Each student like at least one sport out of three sports X, Y and Z. 9% of the total students like X and Y but not Z. 8% of the total students like Y and Z but not X. 10% of the total students like X and Z but not Y. 13% students like all the three students. The sum of number of students who like only Z and the number of students who like all three sports is 108. Each sport is liked by equal number of males and females. The number of females who like X is of the number of students who like Z.

Number of males who like X is what percent of the number of students who like Y and Z but not X?

Question 53

Direction: Study the given information carefully and answer the question that follows.

A survey is conducted in a college that has 200 students. Each student like at least one sport out of three sports X, Y and Z. 9% of the total students like X and Y but not Z. 8% of the total students like Y and Z but not X. 10% of the total students like X and Z but not Y. 13% students like all the three students. The sum of number of students who like only Z and the number of students who like all three sports is 108. Each sport is liked by equal number of males and females. The number of females who like X is of the number of students who like Z.

If 23 males like both X and Y and number of males who like Y and Z but not X is 45% of the number of students who like X and Z but not Y, then how many females liked only Y?

Question 54

Direction: Study the given information carefully and answer the question that follows.

A survey is conducted in a college that has 200 students. Each student like at least one sport out of three sports X, Y and Z. 9% of the total students like X and Y but not Z. 8% of the total students like Y and Z but not X. 10% of the total students like X and Z but not Y. 13% students like all the three students. The sum of number of students who like only Z and the number of students who like all three sports is 108. Each sport is liked by equal number of males and females. The number of females who like X is of the number of students who like Z.

What is the ratio of the number of males who like Z and the number of females who like Y?

Question 55

Direction: Study the given information carefully and answer the question that follows.

A survey is conducted in a college that has 200 students. Each student like at least one sport out of three sports X, Y and Z. 9% of the total students like X and Y but not Z. 8% of the total students like Y and Z but not X. 10% of the total students like X and Z but not Y. 13% students like all the three students. The sum of number of students who like only Z and the number of students who like all three sports is 108. Each sport is liked by equal number of males and females. The number of females who like X is of the number of students who like Z.

If the ratio of males to females who like X and Y but not Z is 5 : 4 and the ratio of number of females who like only X to number of males who like X and Y but not Z is 3 : 2, how many males like only X?

Question 56

In which of the following sentences the word ‘Elegy” has been used correctly?

Question 57

Among the given choices, which word is the antonym of "unusual":

Question 58

Direction: Read the passage carefully and answer the questions.

Solar Orbiter, a remarkable spacecraft sent by NASA, is on a groundbreaking mission to explore the mysteries of our nearest star, the Sun. Equipped with state-of-the-art instruments and cutting-edge technology, Solar Orbiter aims to unveil the secrets of the Sun's inner workings and provide valuable insights into its dynamic processes.

One of the key objectives of Solar Orbiter is to study the Sun's magnetic field and solar wind, which are fundamental in shaping the behavior and dynamics of our solar system. By capturing high-resolution images and collecting data from close proximity, the spacecraft will help scientists understand the origin and evolution of these magnetic fields and the mechanisms that drive the solar wind.

Another crucial aspect of the mission is to observe the Sun's poles. Unlike previous missions, Solar Orbiter will venture closer to the Sun, reaching a distance of about 42 million kilometers (26 million miles) from its surface. This proximity will enable the spacecraft to capture images of the polar regions, which have remained largely unexplored until now. These observations will aid in unraveling the mysteries of the Sun's polar magnetic fields and their influence on solar activity.

Furthermore, Solar Orbiter will study solar eruptions and coronal mass ejections (CMEs), powerful events that can have significant impacts on Earth's space environment. By observing these phenomena up close, scientists hope to improve their ability to predict and mitigate potential hazards posed by solar storms, thereby safeguarding critical technological systems on our planet.

The data gathered by Solar Orbiter will be invaluable for enhancing our knowledge of the Sun and its effects on Earth. It will provide a comprehensive understanding of the Sun's behavior, its influence on space weather, and its implications for our technological infrastructure and astronauts in space.

Solar Orbiter is a mission sent by NASA to explore:

Question 59

Direction: Read the passage carefully and answer the questions.

Solar Orbiter, a remarkable spacecraft sent by NASA, is on a groundbreaking mission to explore the mysteries of our nearest star, the Sun. Equipped with state-of-the-art instruments and cutting-edge technology, Solar Orbiter aims to unveil the secrets of the Sun's inner workings and provide valuable insights into its dynamic processes.

One of the key objectives of Solar Orbiter is to study the Sun's magnetic field and solar wind, which are fundamental in shaping the behavior and dynamics of our solar system. By capturing high-resolution images and collecting data from close proximity, the spacecraft will help scientists understand the origin and evolution of these magnetic fields and the mechanisms that drive the solar wind.

Another crucial aspect of the mission is to observe the Sun's poles. Unlike previous missions, Solar Orbiter will venture closer to the Sun, reaching a distance of about 42 million kilometers (26 million miles) from its surface. This proximity will enable the spacecraft to capture images of the polar regions, which have remained largely unexplored until now. These observations will aid in unraveling the mysteries of the Sun's polar magnetic fields and their influence on solar activity.

Furthermore, Solar Orbiter will study solar eruptions and coronal mass ejections (CMEs), powerful events that can have significant impacts on Earth's space environment. By observing these phenomena up close, scientists hope to improve their ability to predict and mitigate potential hazards posed by solar storms, thereby safeguarding critical technological systems on our planet.

The data gathered by Solar Orbiter will be invaluable for enhancing our knowledge of the Sun and its effects on Earth. It will provide a comprehensive understanding of the Sun's behavior, its influence on space weather, and its implications for our technological infrastructure and astronauts in space.

What is one of the key objectives of Solar Orbiter?

Question 60

Direction: Read the passage carefully and answer the questions.

Solar Orbiter, a remarkable spacecraft sent by NASA, is on a groundbreaking mission to explore the mysteries of our nearest star, the Sun. Equipped with state-of-the-art instruments and cutting-edge technology, Solar Orbiter aims to unveil the secrets of the Sun's inner workings and provide valuable insights into its dynamic processes.

One of the key objectives of Solar Orbiter is to study the Sun's magnetic field and solar wind, which are fundamental in shaping the behavior and dynamics of our solar system. By capturing high-resolution images and collecting data from close proximity, the spacecraft will help scientists understand the origin and evolution of these magnetic fields and the mechanisms that drive the solar wind.

Another crucial aspect of the mission is to observe the Sun's poles. Unlike previous missions, Solar Orbiter will venture closer to the Sun, reaching a distance of about 42 million kilometers (26 million miles) from its surface. This proximity will enable the spacecraft to capture images of the polar regions, which have remained largely unexplored until now. These observations will aid in unraveling the mysteries of the Sun's polar magnetic fields and their influence on solar activity.

Furthermore, Solar Orbiter will study solar eruptions and coronal mass ejections (CMEs), powerful events that can have significant impacts on Earth's space environment. By observing these phenomena up close, scientists hope to improve their ability to predict and mitigate potential hazards posed by solar storms, thereby safeguarding critical technological systems on our planet.

The data gathered by Solar Orbiter will be invaluable for enhancing our knowledge of the Sun and its effects on Earth. It will provide a comprehensive understanding of the Sun's behavior, its influence on space weather, and its implications for our technological infrastructure and astronauts in space.

Solar Orbiter will venture closer to the Sun to observe:

Question 61

Direction: Read the passage carefully and answer the questions.

Solar Orbiter, a remarkable spacecraft sent by NASA, is on a groundbreaking mission to explore the mysteries of our nearest star, the Sun. Equipped with state-of-the-art instruments and cutting-edge technology, Solar Orbiter aims to unveil the secrets of the Sun's inner workings and provide valuable insights into its dynamic processes.

One of the key objectives of Solar Orbiter is to study the Sun's magnetic field and solar wind, which are fundamental in shaping the behavior and dynamics of our solar system. By capturing high-resolution images and collecting data from close proximity, the spacecraft will help scientists understand the origin and evolution of these magnetic fields and the mechanisms that drive the solar wind.

Another crucial aspect of the mission is to observe the Sun's poles. Unlike previous missions, Solar Orbiter will venture closer to the Sun, reaching a distance of about 42 million kilometers (26 million miles) from its surface. This proximity will enable the spacecraft to capture images of the polar regions, which have remained largely unexplored until now. These observations will aid in unraveling the mysteries of the Sun's polar magnetic fields and their influence on solar activity.

Furthermore, Solar Orbiter will study solar eruptions and coronal mass ejections (CMEs), powerful events that can have significant impacts on Earth's space environment. By observing these phenomena up close, scientists hope to improve their ability to predict and mitigate potential hazards posed by solar storms, thereby safeguarding critical technological systems on our planet.

The data gathered by Solar Orbiter will be invaluable for enhancing our knowledge of the Sun and its effects on Earth. It will provide a comprehensive understanding of the Sun's behavior, its influence on space weather, and its implications for our technological infrastructure and astronauts in space.

Solar Orbiter's mission aims to improve the prediction of:

Question 62

Direction: Read the passage carefully and answer the questions.

Solar Orbiter, a remarkable spacecraft sent by NASA, is on a groundbreaking mission to explore the mysteries of our nearest star, the Sun. Equipped with state-of-the-art instruments and cutting-edge technology, Solar Orbiter aims to unveil the secrets of the Sun's inner workings and provide valuable insights into its dynamic processes.

One of the key objectives of Solar Orbiter is to study the Sun's magnetic field and solar wind, which are fundamental in shaping the behavior and dynamics of our solar system. By capturing high-resolution images and collecting data from close proximity, the spacecraft will help scientists understand the origin and evolution of these magnetic fields and the mechanisms that drive the solar wind.

Another crucial aspect of the mission is to observe the Sun's poles. Unlike previous missions, Solar Orbiter will venture closer to the Sun, reaching a distance of about 42 million kilometers (26 million miles) from its surface. This proximity will enable the spacecraft to capture images of the polar regions, which have remained largely unexplored until now. These observations will aid in unraveling the mysteries of the Sun's polar magnetic fields and their influence on solar activity.

Furthermore, Solar Orbiter will study solar eruptions and coronal mass ejections (CMEs), powerful events that can have significant impacts on Earth's space environment. By observing these phenomena up close, scientists hope to improve their ability to predict and mitigate potential hazards posed by solar storms, thereby safeguarding critical technological systems on our planet.

The data gathered by Solar Orbiter will be invaluable for enhancing our knowledge of the Sun and its effects on Earth. It will provide a comprehensive understanding of the Sun's behavior, its influence on space weather, and its implications for our technological infrastructure and astronauts in space.

The primary goal of Solar Orbiter is to:

Question 63

Direction: Reorder the following four sentences to form a coherent paragraph:

A) Effective time management skills are essential for productivity and reducing stress.

B) Prioritizing tasks based on importance and deadlines can help individuals make the most of their time.

C) Additionally, minimizing distractions and setting realistic goals contribute to better time utilization.

D) Developing a schedule or utilizing time management tools can assist in organizing and planning daily activities.

Question 64

Direction: Choose the correct idiom from the options provided to complete the sentence.

After studying for hours, John realized that he had been barking up the _________.

Question 65

Direction: Choose the correct idiom from the options provided to complete the sentence.

Select the appropriate idiom from the options below to fill in the blank:

Amy always seems to be in the _________ because she takes on more responsibilities than she can handle.

Question 66

Direction: Rearrange the sentence and find the correct answer

Given the rapid advancement of technology / the increasing interconnectedness of global economies / and the evolving nature of work / it is crucial for individuals to continuously acquire new skills / adapt to changing circumstances / and embrace lifelong learning in order to thrive in the modern world.

Question 67

Direction: Choose the correct option:

"The person who I met her at the conference was a renowned scientist."

Question 68

Direction: Choose the correct option:

"The book, which its cover was torn, had an interesting storyline."

Question 69

Direction: Fill in the blanks in the following sentence with the appropriate options:

The professor encouraged the students to think critically and __________, challenging them to explore different perspectives and __________ ideas.

Question 70

Direction: Fill in the blanks in the following sentence with the appropriate options:

The team's success was attributed to their effective __________ and __________ communication.