Current Affairs Questions for RBI Grade-B Phase-1 Exam: 08th June 2017

Welcome to the world of Current Affairs 2017. With RBI Grade-B Phase-1 Exam round the corner, it should be your priority to cover every aspect of Current Affairs on a daily basis for RBI Grade-B Phase-1 Exam so that you can do well in the exam. These current affairs are based on current news. Let us see how many questions you attempt accurately.

Q1. China has recently signed a major deal with which of the following country to develop a 1,200 MW Budhigandaki Hydroelectric Project, the biggest hydro project in the landlocked country?
(a) Bangladesh
(b) Pakistan
(c) Bhutan
(d) Nepal
(e) Myanmar

Q2. India signed an agreement to provide fresh assistance of 318 million US Dollar credit line to which of the following country for the development of the railway sector?
(a) Nepal
(b) Bhutan
(c) Sri Lanka
(d) Bangladesh
(e) China

Q3. Which of the following country has officially joined North Atlantic Treaty Organization (NATO) and becomes the 29th member country of NATO?
(a) Bulgaria
(b) Montenegro
(c) Guatemala
(d) Jordan
(e) Philippines

Q4. Name the Veteran Nepalese politician who was recently elected as Nepal’s Prime Minister for the fourth time.
(a) Pushpa Kamal Dahal
(b) Bidhya Devi Bhandari
(c) Sher Bahadur Deuba
(d) Khadga Prasad Oli
(e) Sushil Koirala

Q5. Vijaya Bank is going to develop as many as 100 digital villages in various States of the country as part of its initiative to promote digital banking among the rural population. Who is the present MD & CEO of the Vijaya Bank?
(a) Kishore Sansi
(b) Ashok Kharat
(c) Mahesh Kr Jain
(d) Shikha Pandey
(e) Manohar Jha

Q6. National Housing Bank (NHB) has recently approved the merger between Aadhar Housing Finance and DHFL Vysya Housing Finance. Who is the present Managing Director & Chief Executive Officer of National Housing Bank?
(a) Kishor Krishnamurthy
(b) Murari Prakash Jha
(c) Siddhant Ramanujan
(d) Sriram Kalyanaraman
(e) Kanhaiya Rawat

Q7. Nepal is recently in News. The Central Bank of Nepal is called as _______________.
(a) Central Bank of Nepal
(b) Nepal Rashtra Bank
(c) Reserve Bank of Nepal
(d) Nepal Kendriya Bank
(e) Bank of Nepal

Q8. An agreement for IBRD Credit of USD 39.2 Million from World Bank for the project ‘Assam Citizen Centric Service Delivery’ was signed recently. What does ‘R’ stands for in IBRD?
(a) Reformative
(b) Regulatory
(c) Reconstruction
(d) Rehabitation
(e) Recurring

Q9. The Gulf countries including Saudi Arabia and UAE recently isolated Qatar accusing it of supporting terrorism in the region. What is the capital of Qatar?
(a) Doha
(b) Dubai
(c) Kuwait City
(d) Manama
(e) Riyadh

Q10. What is the Capital of Montenegro?
(a) Suva
(b) Jamestown
(c) Moroni
(d) Podgorica
(e) Nicosia

Q11. Second Bi-monthly Monetary Policy Statement, 2017-18 was released recently. The Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) ____________.
(a) unchanged at 6.25%
(b) increased to 6.75%
(c) decreased to 6.00%
(d) increased to 6.50%
(e) None of the given options is true

Q12. The University Grants Commission (UGC) and All India Council of Technical Education (AICTE) will soon be a thing of the past the Centre is planning to replace the two education regulators with a new Higher Education Regulator called HEERA. HEERA stands for ________________.
(a) Higher Education Employment Regulation Authority
(b) Higher Education Empowerment Regulation Agency
(c) Higher Education Employment Regulation Agency
(d) Higher Education Empowerment Regulation Authority
(e) Higher Education Efficient Regulation Authority

Q13. Name the newly appointed Prime Minister of France.
(a) Nicolas Sarkozy
(b) Francois Hollande
(c) Edouard Philippe
(d) Jacques Chirac
(e) Francois Mitterrand

Q14.  Goods and Services Tax (GST) Council recently cleared the pending rules for the rollout of the new indirect tax regime from Jul 1. The readymade garments will attract GST at ____________.
(a) 0%
(b) 5%
(c) 18%
(d) 12%
(e) 28%

Q15. Vijaya Bank is going to develop as many as 100 digital villages in various states of the country. The bank is headquartered at _____________.
(a) Gurugram
(b) Bengaluru
(c) Mumbai
(d) Kolkata
(e) Chennai