es

ss
l a
C
RBI GRADE-B GENERAL AWARENESS
t
gh
i
AN INSIGHT
N
GENERAL AWARENESS – THE KEY TO
es
RBI GRADE-B EXAM s s
PHASE 1
TOTAL:200 C la
GA :80
h t
QUANTS :30
ig
REASONING :60
ENGLISH :60
N
PHASE 2-
ESI
ESSAY
IMPORTANT AREAS-
es
ss
C la
RBI – evolution , functions, policies, issues, RBI Bulletins
Economy & Finance – policies, international deals, growth, challenges
Union Budget
h t
Economic Survey
ig
N
Banking – Role, functions and workings of banks, important banks at national and
international levels and their heads and their HQs etc., innovations in banking,
banking awareness etc
Government schemes
Rankings of INDIA in various reports and indices
Latest Appointments, Various committees by RBI and GoI
UNO and other important international organizations- important summits at
world level international deals or treaties impaction India
IMPORTANT AREAS-
es
s s
l a
 Important national & international current events
Important personalities
t C
Important Awards
g h
Books and Authors
N i
Sports with special reference to performance of Indians
Important days of year
 Important abbreviations esp. banking and economy related
Census 2011 and social issues
Static portion- polity, geography( esp. environment related), history etc.
 s
A Glimpse of the previous year questions
e
ss
• Gold Cheque limit
C la
• Actor Sir Roger Moore, best known for playing James Bond, belongs
to which country?
h t
• Madrid -the capital of
ig
N
• Location of Dalong village Biodiversity Heritage Site
• Place of G7 summits
• Recently PNB was granted solar power for 500 crores from which
bank/ infrastructure financing
• First Small Finance Bank Headquarter
PREVIOUS YEAR QUESTIONS
es
ss
• Alamatti dam location
• Regulator for NBFC C la
• Abbreviation of NSDL
h t
ig
• Ministry promoting Darwaza Band Campaign
N
• Name of Indian cricketer featuring on ICC ODI top 10 rankings
• What was the sex-ratio according to 2011 Census
• T-Wallet is launched by which state
• Longest Bridge inaugurated by Prime Minister in Assam on which river
PREVIOUS YEAR QUESTIONS- s2018
se
as
RBI committee for stress and asset management
Name of country imposing on India in steelC
l –
and aluminium industry
Civil Aviation Pact with which country t
g h
Name of person who climbed Mount
Speed of Saffir Hurricane
N i Everest twice

S400
Author-Our Tree is still grown in
Inflation rate in India
Schenzen Stock Exchange
 es
ss
India’s first heritage city
Cleanest city in India C la
Author – Hit Refresh
h t
Salar Jung Museum ig
UN MSME Day N
Rohingya
Ayushman Bharat Scheme
Hima Das
 es
ss
Headquarter of AIIB
Financial literacy week C la
h
Head of National Register Committee t
World Environment Day
ig
CVV
SCOTUS
N
Last country to join BRICS
NPCI
International Enterprise Awarded Bank
APPROACH TO GENERAL
es
AWARENESS -
ss
• CONCEPTUAL CLARITY OF STATIC TOPICS
• AWARENESS OF CURRENT HAPPENINGS C la
• LINKAGES OF FACTS
h t
• RBI SPEECHES
ig
N
• NEWSPAPERS – LIVEMINT, FINANCIAL EXPRESS, ECONOMIC TIMES
• WEEKLY CURRENT AFFAIRS
• REVISION AND RE-REVISION
• PERSONALITIES- RELEVANT ACHIEVEMENTS AT WORLD LEVEL IN
DIFFERENT FIELDS
 EVOLUTION & STRUCTUREsOF RBI
s e
as
st
a. RBI was formed on April 1 , 1935. C l
1. With respect to RBI consider the following statements-

b. RBI was nationalised in 1947.

h t
c. The first headquarters of RBI wasigat Kolkata.
N of RBI.
d. C.D.Deshmukh was the first governor
(1) a&b only (2) a&c only (3) b &d only (4) all four are correct
explanation
es
ss
• Ans- ©
C
• RBI was formed on the 1st of April , 1935.
la
h t
• Headquarters shifted from Kolkata To Mumbai in 1937.
ig
• Sir Osborne Smith was the first Governor.
N
FFY- FACTS FOR YOU
e s
s s
• CD Deshmukh was the first ________ governor a
• RBI was formed under ___________. C l of the RBI.

h t
ig
N
2. Consider the statements regarding the
es
evolution of the RBI s s
l a
(1) Its formation was recommended by Dr. B.R.Ambedkar

t C
(2) It also served as the central bank to Pakistan for some time.

g h
(3) The original share capital was owned entirely by private
shareholders.
N i
(4) Its original objective was to respond to troubles created by the first
world war.
(a) all four (b) 1,2 and 3 (c) 2,3 and 4 (d) none of these
Exp-
e s
ans.- ©
s s
• Founded on the recommendations of Hilton Young
l a Commission .

t C
• It was conceptualised on the basis of dr. Ambedkar’s book” The

g h
problem of Rupee : Its origin and solution” presented to the
commission.

N i
• It acted as central bank to Myanmar till April,1947 and to Pakistan till
June,1948.
FFY
e s
s s
• Hilton Young Commission which recommendeda
C l the formation of the
RBI was also known as the ________ and was set up in_____.

h t
• Initially the RBI acted as central bank to India, _______ & ______.

ig
N
3. Consider the statements regarding the
structure of the RBI
e s
ss
l a
(1) Monetary policy committee is the highest decision making body.
C
(2) The central board of directors has 12 members.
t
g h
(3) The central board of directors has members exclusively from the
RBI.
N i
(4) RBI has four regional representatives.
(a) 1only (b) 4 only (c) 2 and 3 only (d) 1,3 and 4.
Ans.- (b)
e s
s s
• 4 regional representatives-North in New Delhi, a
East in Kolkata and West in Mumbai
C l South in Chennai,

• the highest decision making authority in tthe RBI – The Central Board
g h
of Directors. It has 21 members
i
Deputy Governors of the RBI, N
• Composition of RBI’s Central Board of Directors – The RBI Governor, 4
2 representatives from the Finance
Ministry, 10 directors nominated by the Union Govt. and 4 members
from 4 regional representatives
4.Consider the statements regarding
es
issue of currency- s s
(1) RBI is the sole authority for issue of currency a
C l in India.

(3) RBI issues all currency denominations h t

(2) the RBI is liable to pay the value of banknote
in
to its holder.
India.
(4) The Re 1 note has the signature of i gthe Finance Secretary to the
Government of India) N
(a) 1 and2 (b) all four (c) 1,2 and 4. (d) 1,2 and 3.
Ans.- ©
e s
s s
l a
• The RBI Act 1934 mentions that RBI is the sole authority for issue of
currency in India – Section 22
t C
banknote to its holder – Section 26 h
• The RBI Act 1934 mentions that the RBI is liable to pay the value of

ig
N
• RBI issues all currency denominations in India except – Re. 1
coin (Minting of Re. 1 coin is the responsibility of the Government of
India)
5.Consider the statements regarding Call
es
Money s s
l
(1) It is the money borrowed for a very short perioda i.e upto 14days.
(2) No collateral security is required to cover C
these transactions.
h
(3)Goodwill and Reputation are the basis to t borrow money.
i
(4) Interest rates in Call Money market gare based on mutual
agreements. N
(a) All four (b) 1,2 and 3 (c) 2and3 (d) 1and2
Ans.-©
e s
s s
• Call money – short term borrowings < 14days. a
• Interest rates are market determined. C l
h t
• Commercial banks, co-operative banks, mutual funds, primary dealers
ig
are allowed to borrow in this market.
N
FFY
e s
s s
l a
• The money that can be borrowed for a short period of upto 14days is
known as _____ money.
C
• A dealer who buys government securitiestdirectly from the
g h
N i
government and resell it to others is known as ________.
• Primary dealers act as ___________to government securities.
6.Consider the following statements
regarding Treasury Bills.
e s
ss
l
(1) They are the long term money market instruments a issued by the RBI
on behalf of the GoI.
t C
h
(2) They are available only in primary markets.
(3) Treasury Bills can also be issued bygState Governments.
(4) They are issued at a discountN
i
to face value.
(a) 1 only (b) 4 only (c) 1,2and3 (d) 1,2and4
Ans.- (b)
e s
s s
• Used to meet short term financial requirementsaof the government.
C l
• Available in both primary and secondary market.
• Not issued by State governments.
h t
ig
N
FFY
e s
s s
l a
• RBI isuues ______types of treasury bills. They are____,_____and ___.

t C
• 91day T-Bills are auctioned every week on _________, while 182 day

g h
and 364 day T-Bills are auctioned every ___________on ______.

institutions.
N i
• Usual investors in T-Bills are _______, ________and other financial
7.Consider the statements regarding T-
es
Bills s s
(1) T-Bills pay no interest.
C la
(2) The minimum amount for which T-Bills are available is Rs. 25000.
h t
(3) T-Bills can also be issued under Market Stabilisation Scheme.
ig
(4) T-Bills are redeemed at the face value at maturity.
N
(a) 2,3 and 4.(b) 3and4 (c) all four (d) 1,3 and 4.
Ans.- ©
es
ss
• FFY
C la
h t
• T-Bills are available for a minimum amount of Rs.25000 and in
multiples of _________.
ig
N
• T-Bills are ____________ securities and offer _______ interest.
8.Consider the statements regarding
es
Cash Management Bills- s s
(1) They are the long term bills.
C la
(2) They are used to meet the temporary mismatches in the cash flow
of the Govt.
h t
ig
(3) Their maturities are same as that of T-Bills.
N
(4) They are issued at discount.
(a) All four (b) 2,3 and 4. (c) 3and4. (d) 2 and4.
Ans.-(d)
es
ss
• CMBs are short term bills.
• Their maturities are less than 91days. C la
h t
• Cash Management Bills are issues at ______ and redeemed at _____.
ig
N
9.Which of the following is correct regarding
the functions of RBI
es
ss
(1) It works as lender of the last resort.
C la
(2) It manages the market borrowings of Central Government only.
h t
(3) It is the custodian of foreign exchange reserves.
ig
(4)It functions as the bank of issue.
N
(a) all four (b) 1,3 and4. (c) 2,3and4. (d) 1,2and3.
Ans.-(b)
e s
s s
• Manages the market borrowings of Central anda
• Under Sec._____, RBI has the sole authorityC
l __________.
of issuing currency of all
denominations.
h t
i g
N
Miscellaneous CA-
es
s s
l a
1. Consider the statements regarding cyclone “Gaja”
(1) The meaning of the word “Gaja” is “eye”. C
(2)The name has been given by India.
h t
ignone of these
(a) 1only (b) 2 Only (c) both 1and2 (d)
N
Explanation
es
Ans.-a
ss
Gaja - Elephant
• Name given by- Srilanka C la
h t
ig
N
 s
2.Consider the following statements
e
s s
l a
(1) Bhutan is the first country to open up a consulate at Guwahati
(2)A consulate is responsible for safety and allCother issues of the
citizens of its host country.
h t
(a) 1only (b) 2only (c) both 1and2 (d)g
N i none of these
Explanation
es
ss
• Ans.-a
• consulate C la
h t
ig
N
3.Consider the following statements
es
regarding sexually abused children and
adolescents. ss
l a
(1) WHO is the first organisation to formulate clinical guidelines on
sexually abused children and adolescents.
t C
(2) India is a member of WHO.
gh
i
(a) 1only (b) 2only (c) both 1and2 (d) none
N
Explanation
es
ss
• Ans.-©
C la
h t
ig
N
 e s
s s
l a
4. Consider the statements regarding Merchant Discount Rate
(1) It is charged by banks on merchants usingCPOS machines.
(2) RBI has recently reduced the MDR andtput a cap on it.
h
gnone
(a) 1 only (b) 2only (c) both a and b i(d)
N
 Explanation
es
ss
• Ans.-c
C la
• Merchant Discount Rates is the fee a merchant has to pay to his bank for
every transaction. It is split b/w-
h t
ig
Bank which issued the
card
N
Lender whose poin
of sale terminal is
Payment gateways
like master card or
used Visa
• Separate cap for large and small merchant have been prescribed based on
their annual turnover.
• It will promote Cashless/ Digital transactions.
RAPID FIRE - DECEMBER
e s
ss
l a
1. Who has been appointed as the head of the three-member
C
committee to oversee rejuvenation work of the Ganga River?
t
h
(a) Justice U C Dhyani (b) Justice Abhay Mahadeo Thipsay
(c) Justice Aziz Mushabber Ahmadi (d)gJustice Adarsh Sein Anand
(e) Justice S L Sikri N i
2. Who has assumed charge as the __________ Chief Election
Commissioner (CEC) of India recently?
(a) Sunil Arora (b) Om Prakash Rawat (c) Ajay Tyagi (d) Achal Kumar
Jyoti(e ) Nasim Zaidi
 es
ss
3. India will be hosting the G20 Summit in:
C
(a) 2019 (b) 2020 (c) 2021 (d) 2022 (e ) 2023
la
t
h
ig States completed the final
4. The Special Forces of India and United
N
manoeuvres of their three-day tactical exercise called:
(a) Vajra Action (b) Vajra Kayaa (c) Vajra Special (d) Vajra Impact
(e ) Vajra Effect
 e s
s s
5. The Asia Pacific Summit-2018 was hosted at: a
C l
(a) Tokyo (b) New Delhi (c) Kathmandu (d) Beijing (e ) Islamabad
h t
ig billion US Dollars in
6. The World Bank has unveiled __________
Nto 2025.
climate action investment for 2021
(a) 100 (b) 150 (c) 200 (d) 500 (e) 300
 e s
s s
7. Who has become the first Indian to be electeda
C l as the vice-president
of the International Shooting Sport Federation (ISSF)?

h
(a) Raninder Singh (b) Gagan Narang (c) Vijayt Kumar (d) Ronjan Sodhi
(e ) Rajyawardhan Rathore
i g
N
8. India's first locomotive-less train, known as Train 18 will be provided
the maximum speed of _________in its commercial operations.
(a) 100 Kms/hr (b) 135 Kms/hr (c) 160 Kms/hr (d) 300 Kms/hr
(e ) 150 kms/hr
 e s
s s
9. The bilateral air exercise SHINYUU Maitri-18 is a
force of:
C l held between the air

(a) India and Indonesia (b) India and Chinat(c) India and Japan (d) India
and Netherland (e ) India and Vietnam h
ig
N
10. Which of the following has launched a facility "eATM" wherein
clients of the domestic brokerage entity would be able to receive the
pay-out within 30 minutes of selling the shares?
(a) RBL securities and NSE (b) HDFC securities and BSE
(c) Axis Securities and NSE (d) ICICI securities and BSE (e ) SBI and NSE
 es
ss
11. Recently 24th Conference of the Parties to theaUnited Nations
C l
Framework Convention on Climate Change "COP24" started in:

h t
(a) Poland (b) France (c) Switzerland (d) Ireland (e ) Germany

ig
12. Recently, the Centre and AsianN Development Bank (ADB) have
signed an 85 million dollar loan to improve skill development eco-
system in:
(a) Andhra Pradesh (b) Odisha (c) Jharkhand (d) Chhattisgarh (e ) Bihar
 e s
s s
l a
13. Name NASA's first-ever mission, which is designed to visit an
C
asteroid and return with a sample of its dust to the earth.
t
g h
(a) DERISIS-Arex (b) ALGERIS-Dez (c) OSIRIS-Rex (d) POLARIS-Nes
(e) OSIRIS- Dez
N i
14. Who is the first ever Indian individual medal winner in the 2018
International Association of Ultra Running (IAU) 24 Hour Asia &
Oceania Championship?
(a) Devij Narayan (b) Sushil Mahato (c) Ullas Narayan (d) Mayank
Rahane (e ) Hima Das
 e s
s s
l a
15. Recently, ISRO launched India's heaviest satellite ___________ and
Guiana in South America.
t C
put it successfully in earth orbit from Kourou Launch Zone, French

g h
(a) GSAT-7 (b) GSAT-9 (c) GSAT-11 (d) GSAT-16 (e ) GSAT-41

16. Name the Indian-origin lawyer, N i

who has been appointed to head
South Africa's prosecuting authority thus becoming the first woman to
head the agency.
(a) Deepika Rajawat (b) Sharmishtha Rana (c) Ujjawala Singh
(d) Shamila Batohi (e ) Kamala Harris
 es
ss
C la
17. Which among the following Indian states has launched a unique initiative
called "SMART" in a bid to transform the rural part of the state?

h t
(a) Uttar Pradesh (b) Maharashtra (c) Madhya Pradesh (d) Chhattisgarh
(e ) Punjab
ig
N
18. Name the Indian, who is elected unopposed to an Asia Pacific seat on the
UN's Committee on Economic, Social and Cultural Rights (CESCR) recently.
(a) Shashi Ranjan Jha (b) Preeti Saran (c) Navtej Sarna (d) Mandeep Singh
(e ) Remi Sreenivasan
 e s
s s
l
19. According to the projection by the Global Carbona Project, India is

year 2017. t C
the ____________highest emitter of carbon dioxide in the world in

g h
N i
(a) Second (b) Third (c) Fourth (d) Seventh (e ) Tenth

20. Exercise Hand-in-Hand is conducted annually as part of military

diplomacy and interaction between armies of:
(a) India and Nepal (b) India and Thailand (c) India and China (d) India
and Japan (e ) India and Srilanka
 e s
s s
l a
21. Who has been appointed as the new Chief Economic Adviser (CEA)
for a period of three years?
t C
h
(a) Krishnamurthy Subramanian (b) Anuj Mudgal
g
i
(c) Deepak Raheja (d) H.R.Khan (e ) Shashi Kant Das
N country to join China's Belt and
22. Which is the first Latin American
Road Initiative?
(a) Cuba (b) Bolivia (c) Panama (d) Colombia (e ) Latvia
 e s
s s
23. Name the first Indian, who has been bestowed
l a with the 'Doctor
Honoris Causa' by ESCP Europe Business School.
C
(a) Azim Premji (b) Shiv Nadar (c) GautamtAdani (d) Sunil Bharti Mittal
g h
(e ) RatanTata
N
24. Which of the following countries
i recently became the world's
leading exporter of liquefied natural gas (LNG) for the first time?
(a) New Zealand (b) Russia (c) Australia (d) South Africa (e ) Iran
 e s
s s
25. Who among the following has been awarded a
Gleitsman Award recently?
C l with the 2018

h t
(a) Karan Thapar (b) Malala Yousafzai (c) Shashi Tharoor (d) Kailash
Satyarthi (e ) Karan Mazumdar
i g
N Beas Management Board (BBMB)
26. The first International Conference on Sustainable Water
Management is organised by Bhakra
in:
(a) Nagpur (b) Mohali (c) New Delhi (d) Hyderabad (e ) Mumbai
 e s
s s
27. India is set to get its first underwater museumaoff the
__________coast.
C l
(a) Puducherry (b) West Bengal (c) Odishat(d) Andhra Pradesh
g h
(e ) Kerala
28. Who has been crowned MissN
i
World 2018 ?
(a) Julia Fiona Roberts (b) Emily Jean Emma Stone
(c) Vanessa Ponce de Leon (d) Natalie Portman (e ) Simona Zeazine
 e s
ss
l a
29. Who has been appointed as the chairman of SWIFT India Domestic
Services in December 2018?
t C
h
(a) Arundhati Bhattacharya (b) Pallav Mohapatra,
g
(c) J Packiri (e ) Ravi Menon
30. Human Rights Day is observed
i
Nevery year on:
(a) 8 December (b) 9 December (c) 10 December (d) 11 December
(e ) 15 December
 es
KEY-
ss
1
2
A
A
11
12
A
B
C la
21
22
A
C
3 A 13 C

h t 23 D

g
4 B 14 C 24 C
5
6
C
C
15
16
Ni
C
D
25
26
B
B
7 A 17 B 27 A
8 C 18 B 28 C
9 C 19 C 29 A
10 D 20 C 30 C
 es
ss
C la
THANK U t
h
ig
NMOVING
KEEP LEARNING, KEEP