RBI Grade B Phase I - Question Paper with Solutions (2017) | RBI Grade B Mock Test Series & Past Year Papers 2024 - Bank Exams PDF Download

 Page 1


1. India’s very own Global Positioning 
System (GPS) which is set to hit the 
market for public use in early 2018 
is known as the ‘Indian Regional 
Navigation Satellite System’ 
(IRNSS). Its operational name is 
………………. 
 A. NASIK   B. NASIC 
 C. NAVIC   D. NAVIK 
 E. NAVIS 
2. The ‘Dalong Village’ covering an 
area of 11.35 sq. km. has recently 
(May 2017) been declared as 
Biodiversity Heritage site under 
Section 37 (I) of Biological Diversity 
Act, 2002. The village is situated in 
the Indian State of …………. 
 A. Manipur   
 B. Madhya Pradesh 
 C. Mizoram    
 D. Maharashtra 
 E. Assam 
3. The ‘Almatti Dam’ is a hydroelectric 
project on the Krishna River in the 
Indian State of ………………. 
 A. Andhra Pradesh B. Maharashtra 
 C. West Bengal  D. Karnataka 
 E. Telangana 
4. The first Indian State which has 
recently launched its official ‘T–
wallet’ offering anytime anywhere 
platform for digital payments with 
an additional charge for the citizens 
is ……………. 
 A. Chhattisgarh B. Telangana 
 C. Kerala  D. Maharashtra 
 E. Andhra Pradesh 
5. Which of the following categories of 
banks are not allowed to accept 
deposits under ‘Pradhan Mantri 
Garib Kalyan Deposit Scheme’ 
(PMGKDS) 2016? 
 A. Private Sector Banks 
 B. Public Sector Banks 
 C. Regional Rural Banks 
 D. Cooperative Banks 
 E. State Bank of India 
6. A banking outlet is one which opens 
for at least five days a week for at 
least ………. 
 A. two hours a day 
 B. five hours a day 
 C. three hours a day 
 D. four hours a day 
 E. six hours a day  
7. Which of the following instruments 
is ‘not’ a debt instrument? 
 A. Stocks  B. Debentures 
 C. Bonds  D. Mortgages 
 E. Promissory Note 
8. The working and activity of NBFCS 
are registered by the Reserve Bank 
of India within the framework of the 
…………… 
 A. Reserve Bank of India Act, 1934 
(Chapter 10-12) 
 B. Banking Regulation Act, 1949 
 C. Companies Act, 1956 
 D. Banking Companies Act, 1970 
(Chapter No. 4) 
 E. Corporate Act, 2001 
9. The Union Home Minister, Shri 
Rajnath Singh has recently (May 
2017) released the book ‘India 
2017: Yearbook’. The book is 
authored by ………… 
 A. Dr. Arvind Panagariya 
 B. Shri Rajiv Malhotra 
 C. Shri Kamal Kishore 
 D. Shri Tanay Pant 
 E. Shri Rajiv Mehrishi 
10. The ‘Sonai Rupai Wildlife Sanctuary’ 
is situated in the Indian State of 
………… 
 A. Arunachal Pradesh 
 B. Tripura 
 C. Meghalaya 
 D. Sikkim 
 E. Assam 
11. The 2017 ‘North Atlantic Treaty 
Organization ‘(NATO) Summit was 
recently (May 2017) held in 
……………. 
 A. New York, United States of 
 America 
 B. London, United Kingdom 
 C. Paris, France 
 D. Brussels, Belgium 
 E. Rome, Italy 
Page 2


1. India’s very own Global Positioning 
System (GPS) which is set to hit the 
market for public use in early 2018 
is known as the ‘Indian Regional 
Navigation Satellite System’ 
(IRNSS). Its operational name is 
………………. 
 A. NASIK   B. NASIC 
 C. NAVIC   D. NAVIK 
 E. NAVIS 
2. The ‘Dalong Village’ covering an 
area of 11.35 sq. km. has recently 
(May 2017) been declared as 
Biodiversity Heritage site under 
Section 37 (I) of Biological Diversity 
Act, 2002. The village is situated in 
the Indian State of …………. 
 A. Manipur   
 B. Madhya Pradesh 
 C. Mizoram    
 D. Maharashtra 
 E. Assam 
3. The ‘Almatti Dam’ is a hydroelectric 
project on the Krishna River in the 
Indian State of ………………. 
 A. Andhra Pradesh B. Maharashtra 
 C. West Bengal  D. Karnataka 
 E. Telangana 
4. The first Indian State which has 
recently launched its official ‘T–
wallet’ offering anytime anywhere 
platform for digital payments with 
an additional charge for the citizens 
is ……………. 
 A. Chhattisgarh B. Telangana 
 C. Kerala  D. Maharashtra 
 E. Andhra Pradesh 
5. Which of the following categories of 
banks are not allowed to accept 
deposits under ‘Pradhan Mantri 
Garib Kalyan Deposit Scheme’ 
(PMGKDS) 2016? 
 A. Private Sector Banks 
 B. Public Sector Banks 
 C. Regional Rural Banks 
 D. Cooperative Banks 
 E. State Bank of India 
6. A banking outlet is one which opens 
for at least five days a week for at 
least ………. 
 A. two hours a day 
 B. five hours a day 
 C. three hours a day 
 D. four hours a day 
 E. six hours a day  
7. Which of the following instruments 
is ‘not’ a debt instrument? 
 A. Stocks  B. Debentures 
 C. Bonds  D. Mortgages 
 E. Promissory Note 
8. The working and activity of NBFCS 
are registered by the Reserve Bank 
of India within the framework of the 
…………… 
 A. Reserve Bank of India Act, 1934 
(Chapter 10-12) 
 B. Banking Regulation Act, 1949 
 C. Companies Act, 1956 
 D. Banking Companies Act, 1970 
(Chapter No. 4) 
 E. Corporate Act, 2001 
9. The Union Home Minister, Shri 
Rajnath Singh has recently (May 
2017) released the book ‘India 
2017: Yearbook’. The book is 
authored by ………… 
 A. Dr. Arvind Panagariya 
 B. Shri Rajiv Malhotra 
 C. Shri Kamal Kishore 
 D. Shri Tanay Pant 
 E. Shri Rajiv Mehrishi 
10. The ‘Sonai Rupai Wildlife Sanctuary’ 
is situated in the Indian State of 
………… 
 A. Arunachal Pradesh 
 B. Tripura 
 C. Meghalaya 
 D. Sikkim 
 E. Assam 
11. The 2017 ‘North Atlantic Treaty 
Organization ‘(NATO) Summit was 
recently (May 2017) held in 
……………. 
 A. New York, United States of 
 America 
 B. London, United Kingdom 
 C. Paris, France 
 D. Brussels, Belgium 
 E. Rome, Italy 
12. The ‘CGFMU’ is a Credit guarantee 
Fund established for guaranteeing 
loans sacrificed under the: 
 A. PMRY Scheme 
 B. PMMY Scheme 
 C. PMGSY Scheme 
 D. PMAY Scheme 
 E. PMUY Scheme 
13. The ‘Federation of Indian Chamber 
of Commerce and Industries’ 
(FICCI) Smart Policing Award for the 
year 2017 has recently (May 2017) 
been conferred upon ……………. 
 A. Jammu City Police 
 B. Pune City Police 
 C. Kolkata City Police 
 D. Delhi City Police 
 E. Mumbai City Police 
14. Which of the following is an 
integrated payment system which 
uses the customer’s Smart or Credit 
Card by scanning a code of the 
merchant’s place? 
 A. Aadhaar Pay  B. UPI 
 C. Bharat QR  D. Paytm 
 E. Bhim 
15. Disha Microfine Private Limited has 
recently (May 2017) received the 
final approval from the Reserve 
bank of India to commerce ……………. 
 A. Local Area Bank Operations 
 B. Universal Banking Operations 
 C. White Label ATM 
 D. Payment Bank 
 E. Small Finance Bank 
16. With an intention of increasing 
Digital transactions, the Reserve 
bank of India has recently permitted 
co-operative banks to deploy their 
own or third-party point of sale 
terminals only if their net assets are 
more than ……….……… 
 A. 15 crore  B. 25 crores 
 C. 50 crore  D. 10 crores 
 E. 35 crore 
17. ‘Kanwar Pal Singh Gill’ who recently 
(May 2017) passed away at the age 
of 82 was a former …………. 
 A. Indian Civil Rights Activist 
 B. Indian Police Officer 
 C. Indian Intelligence Officer 
 D. Indian Football Player 
 E. Indian Civil Servant 
18. The currency of the ‘Republic of 
Maldives’ is ……………. 
 A. Riyal    B. Rupee 
 C. Ringgit   D. Rufiyaa 
 E. Rupiah 
19. A new cheaper, quicker and 
pollution- free ‘soil-to-soil 
technology to manufacture ‘biofuel’ 
has recently (June 2017) been 
developed by researchers at 
……………. 
 A. IIT-Gandhinagar 
 B. IIT-Jamshedpur 
 C. IIT-Kanpur 
 D. IIT-Kharagpur 
 E. IIT-Bhubaneshwar 
20. The ‘European Extremely Large 
Telescope’ which when completed 
will be the world’s largest optical 
telescope is being set up on a 3,000-
meter-high mountain in…………. 
 A. Arctic Desert in Canada 
 B. Gobi Desert in China 
 C. Taklimakan Desert 
 D. Sahara Desert in Chad 
 E. Atacama Desert in Chile 
21. Asian Infrastructure Investment 
bank (AIIB) has recently approved a 
loan of USD 160 million for a power 
project in the Indian State of 
……………… 
 A. Maharashtra 
 B. Madhya Pradesh 
 C. Andhra Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
22. Payment solutions providers 
‘Oxigen Services’ and ‘PayU India’ 
have been granted in-principle 
approval from Reserve Bank of India 
(RBI) to operate as ………… 
 A. Payments Bank 
 B. Small Finance Bank 
 C. White Label ATM 
 D. Universal Bank 
 E. Bharat Bill Payments Operating 
 Unit 
Page 3


1. India’s very own Global Positioning 
System (GPS) which is set to hit the 
market for public use in early 2018 
is known as the ‘Indian Regional 
Navigation Satellite System’ 
(IRNSS). Its operational name is 
………………. 
 A. NASIK   B. NASIC 
 C. NAVIC   D. NAVIK 
 E. NAVIS 
2. The ‘Dalong Village’ covering an 
area of 11.35 sq. km. has recently 
(May 2017) been declared as 
Biodiversity Heritage site under 
Section 37 (I) of Biological Diversity 
Act, 2002. The village is situated in 
the Indian State of …………. 
 A. Manipur   
 B. Madhya Pradesh 
 C. Mizoram    
 D. Maharashtra 
 E. Assam 
3. The ‘Almatti Dam’ is a hydroelectric 
project on the Krishna River in the 
Indian State of ………………. 
 A. Andhra Pradesh B. Maharashtra 
 C. West Bengal  D. Karnataka 
 E. Telangana 
4. The first Indian State which has 
recently launched its official ‘T–
wallet’ offering anytime anywhere 
platform for digital payments with 
an additional charge for the citizens 
is ……………. 
 A. Chhattisgarh B. Telangana 
 C. Kerala  D. Maharashtra 
 E. Andhra Pradesh 
5. Which of the following categories of 
banks are not allowed to accept 
deposits under ‘Pradhan Mantri 
Garib Kalyan Deposit Scheme’ 
(PMGKDS) 2016? 
 A. Private Sector Banks 
 B. Public Sector Banks 
 C. Regional Rural Banks 
 D. Cooperative Banks 
 E. State Bank of India 
6. A banking outlet is one which opens 
for at least five days a week for at 
least ………. 
 A. two hours a day 
 B. five hours a day 
 C. three hours a day 
 D. four hours a day 
 E. six hours a day  
7. Which of the following instruments 
is ‘not’ a debt instrument? 
 A. Stocks  B. Debentures 
 C. Bonds  D. Mortgages 
 E. Promissory Note 
8. The working and activity of NBFCS 
are registered by the Reserve Bank 
of India within the framework of the 
…………… 
 A. Reserve Bank of India Act, 1934 
(Chapter 10-12) 
 B. Banking Regulation Act, 1949 
 C. Companies Act, 1956 
 D. Banking Companies Act, 1970 
(Chapter No. 4) 
 E. Corporate Act, 2001 
9. The Union Home Minister, Shri 
Rajnath Singh has recently (May 
2017) released the book ‘India 
2017: Yearbook’. The book is 
authored by ………… 
 A. Dr. Arvind Panagariya 
 B. Shri Rajiv Malhotra 
 C. Shri Kamal Kishore 
 D. Shri Tanay Pant 
 E. Shri Rajiv Mehrishi 
10. The ‘Sonai Rupai Wildlife Sanctuary’ 
is situated in the Indian State of 
………… 
 A. Arunachal Pradesh 
 B. Tripura 
 C. Meghalaya 
 D. Sikkim 
 E. Assam 
11. The 2017 ‘North Atlantic Treaty 
Organization ‘(NATO) Summit was 
recently (May 2017) held in 
……………. 
 A. New York, United States of 
 America 
 B. London, United Kingdom 
 C. Paris, France 
 D. Brussels, Belgium 
 E. Rome, Italy 
12. The ‘CGFMU’ is a Credit guarantee 
Fund established for guaranteeing 
loans sacrificed under the: 
 A. PMRY Scheme 
 B. PMMY Scheme 
 C. PMGSY Scheme 
 D. PMAY Scheme 
 E. PMUY Scheme 
13. The ‘Federation of Indian Chamber 
of Commerce and Industries’ 
(FICCI) Smart Policing Award for the 
year 2017 has recently (May 2017) 
been conferred upon ……………. 
 A. Jammu City Police 
 B. Pune City Police 
 C. Kolkata City Police 
 D. Delhi City Police 
 E. Mumbai City Police 
14. Which of the following is an 
integrated payment system which 
uses the customer’s Smart or Credit 
Card by scanning a code of the 
merchant’s place? 
 A. Aadhaar Pay  B. UPI 
 C. Bharat QR  D. Paytm 
 E. Bhim 
15. Disha Microfine Private Limited has 
recently (May 2017) received the 
final approval from the Reserve 
bank of India to commerce ……………. 
 A. Local Area Bank Operations 
 B. Universal Banking Operations 
 C. White Label ATM 
 D. Payment Bank 
 E. Small Finance Bank 
16. With an intention of increasing 
Digital transactions, the Reserve 
bank of India has recently permitted 
co-operative banks to deploy their 
own or third-party point of sale 
terminals only if their net assets are 
more than ……….……… 
 A. 15 crore  B. 25 crores 
 C. 50 crore  D. 10 crores 
 E. 35 crore 
17. ‘Kanwar Pal Singh Gill’ who recently 
(May 2017) passed away at the age 
of 82 was a former …………. 
 A. Indian Civil Rights Activist 
 B. Indian Police Officer 
 C. Indian Intelligence Officer 
 D. Indian Football Player 
 E. Indian Civil Servant 
18. The currency of the ‘Republic of 
Maldives’ is ……………. 
 A. Riyal    B. Rupee 
 C. Ringgit   D. Rufiyaa 
 E. Rupiah 
19. A new cheaper, quicker and 
pollution- free ‘soil-to-soil 
technology to manufacture ‘biofuel’ 
has recently (June 2017) been 
developed by researchers at 
……………. 
 A. IIT-Gandhinagar 
 B. IIT-Jamshedpur 
 C. IIT-Kanpur 
 D. IIT-Kharagpur 
 E. IIT-Bhubaneshwar 
20. The ‘European Extremely Large 
Telescope’ which when completed 
will be the world’s largest optical 
telescope is being set up on a 3,000-
meter-high mountain in…………. 
 A. Arctic Desert in Canada 
 B. Gobi Desert in China 
 C. Taklimakan Desert 
 D. Sahara Desert in Chad 
 E. Atacama Desert in Chile 
21. Asian Infrastructure Investment 
bank (AIIB) has recently approved a 
loan of USD 160 million for a power 
project in the Indian State of 
……………… 
 A. Maharashtra 
 B. Madhya Pradesh 
 C. Andhra Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
22. Payment solutions providers 
‘Oxigen Services’ and ‘PayU India’ 
have been granted in-principle 
approval from Reserve Bank of India 
(RBI) to operate as ………… 
 A. Payments Bank 
 B. Small Finance Bank 
 C. White Label ATM 
 D. Universal Bank 
 E. Bharat Bill Payments Operating 
 Unit 
23. The archaeological site of the 
Paleolithic period, the ‘Bhimbetka 
rock shelters’ is situated in the 
Indian State of ……………. 
 A. Andhra Pradesh 
 B. Chhattisgarh 
 C. Madhya Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
24. The ‘Shri Shiv Chhatrapati Sports 
Complex’ also known as Balewadi 
stadium, is situated in …………… 
 A. Nashik, Maharashtra 
 B. Mumbai, Maharashtra 
 C. Aurangabad, Maharashtra 
 D. Nagpur, Maharashtra 
 E. Pune, Maharashtra 
25. The ‘Cash and ATM Management 
Companies’ are now not required to 
comply with the Private Security 
Agencies (Regulation) Act (PSARA). 
As a result, they may not be allowed 
to attract Foreign Direct Investment 
(FDI) up to ……. 
 A. 51 percent  B. 28 percent 
 C. 100 percent  D. 72 percent 
 E. 90 percent 
26. At any one time, the minimum 
balance in a BSBDA Small Account 
should not exceed…………. 
 A. 40,000/-   B. 50,000/- 
 C.   30,000/-  D. 20,000/- 
 E. 1,00,000/- 
27. The Union Cabinet has recently 
approved the public testing of five 
state-owned general insurance 
companies and making the 
government’s stake in them from 
100% to…………. 
 A. 75 percent  B. 49 percent 
 C. 51 percent  D. 61 percent 
 E. 45 percent 
28. In India the Credit rating agencies 
are regulated by …………… 
 A. SEBI    B. RBI 
 C. FIMMDA   D. PFRDA 
 E. IRDA 
29. The Dadasaheb Phalke Academy 
Award in the newly introduced 
‘Internationally Acclaimed Actress’ 
Category has recently been 
awarded to film actress …………. 
 A. Aishwarya Rai Bachchan 
 B. Malika Sherawat 
 C. Priyanka Chopra 
 D. Deepika Padukone 
 E. Freida Pinto 
30. The HCL Asian Junior Tennis 
Championship 2017 was recently 
(29th May 2017-3rd June 2017) 
held in …………… 
 A. Jakarta, Indonesia 
 B. Pune, India 
 C. Kuala Lumpur, Malaysia 
 D. Mumbai, India 
 E. Kolkata, India 
31. The Reserve Bank of India has 
advised banks to adhere to 
timelines prescribed for formulation 
and implementation of the ‘CAP’ by 
resolution of stressed loans. The 
alphabet ‘C’ in abbreviation ‘CAP’ 
stands for ……………. 
 A. Convertible  B. Corporate 
 C. Company  D. Corrective 
 E. Currency 
32. The 1,980 MW ‘Ghatampur Thermal 
power Project is proposed to be set 
up at an estimated cost of ? 17,237 
crore in the Indian State of 
…………………. 
 A. Uttar Pradesh  
 B. Chhattisgarh 
 C. Bihar     
 D. Odisha 
 E. Uttarakhand 
33. The city of ‘Abu Dhabi’ is the capital 
of ……………. 
 A. Republic of Turkey 
 B. Lebanese Republic 
 C. The Hashemite Kingdom of 
 Jordan 
 D. Kingdom of Saudi Arabia 
 E. United Arab Emirates 
34. The ‘Singareni Collieries Company 
Limited’ (SCCL) is a government-
owned coal mining company in 
India. The company is jointly owned 
by the Government of India and the 
…………… 
 A. Government of Madhya Pradesh 
 B. Government of Andhra Pradesh 
 C. Government of Uttar Pradesh 
 D. Government of Telangana 
 E. Government of Tamil Nadu 
Page 4


1. India’s very own Global Positioning 
System (GPS) which is set to hit the 
market for public use in early 2018 
is known as the ‘Indian Regional 
Navigation Satellite System’ 
(IRNSS). Its operational name is 
………………. 
 A. NASIK   B. NASIC 
 C. NAVIC   D. NAVIK 
 E. NAVIS 
2. The ‘Dalong Village’ covering an 
area of 11.35 sq. km. has recently 
(May 2017) been declared as 
Biodiversity Heritage site under 
Section 37 (I) of Biological Diversity 
Act, 2002. The village is situated in 
the Indian State of …………. 
 A. Manipur   
 B. Madhya Pradesh 
 C. Mizoram    
 D. Maharashtra 
 E. Assam 
3. The ‘Almatti Dam’ is a hydroelectric 
project on the Krishna River in the 
Indian State of ………………. 
 A. Andhra Pradesh B. Maharashtra 
 C. West Bengal  D. Karnataka 
 E. Telangana 
4. The first Indian State which has 
recently launched its official ‘T–
wallet’ offering anytime anywhere 
platform for digital payments with 
an additional charge for the citizens 
is ……………. 
 A. Chhattisgarh B. Telangana 
 C. Kerala  D. Maharashtra 
 E. Andhra Pradesh 
5. Which of the following categories of 
banks are not allowed to accept 
deposits under ‘Pradhan Mantri 
Garib Kalyan Deposit Scheme’ 
(PMGKDS) 2016? 
 A. Private Sector Banks 
 B. Public Sector Banks 
 C. Regional Rural Banks 
 D. Cooperative Banks 
 E. State Bank of India 
6. A banking outlet is one which opens 
for at least five days a week for at 
least ………. 
 A. two hours a day 
 B. five hours a day 
 C. three hours a day 
 D. four hours a day 
 E. six hours a day  
7. Which of the following instruments 
is ‘not’ a debt instrument? 
 A. Stocks  B. Debentures 
 C. Bonds  D. Mortgages 
 E. Promissory Note 
8. The working and activity of NBFCS 
are registered by the Reserve Bank 
of India within the framework of the 
…………… 
 A. Reserve Bank of India Act, 1934 
(Chapter 10-12) 
 B. Banking Regulation Act, 1949 
 C. Companies Act, 1956 
 D. Banking Companies Act, 1970 
(Chapter No. 4) 
 E. Corporate Act, 2001 
9. The Union Home Minister, Shri 
Rajnath Singh has recently (May 
2017) released the book ‘India 
2017: Yearbook’. The book is 
authored by ………… 
 A. Dr. Arvind Panagariya 
 B. Shri Rajiv Malhotra 
 C. Shri Kamal Kishore 
 D. Shri Tanay Pant 
 E. Shri Rajiv Mehrishi 
10. The ‘Sonai Rupai Wildlife Sanctuary’ 
is situated in the Indian State of 
………… 
 A. Arunachal Pradesh 
 B. Tripura 
 C. Meghalaya 
 D. Sikkim 
 E. Assam 
11. The 2017 ‘North Atlantic Treaty 
Organization ‘(NATO) Summit was 
recently (May 2017) held in 
……………. 
 A. New York, United States of 
 America 
 B. London, United Kingdom 
 C. Paris, France 
 D. Brussels, Belgium 
 E. Rome, Italy 
12. The ‘CGFMU’ is a Credit guarantee 
Fund established for guaranteeing 
loans sacrificed under the: 
 A. PMRY Scheme 
 B. PMMY Scheme 
 C. PMGSY Scheme 
 D. PMAY Scheme 
 E. PMUY Scheme 
13. The ‘Federation of Indian Chamber 
of Commerce and Industries’ 
(FICCI) Smart Policing Award for the 
year 2017 has recently (May 2017) 
been conferred upon ……………. 
 A. Jammu City Police 
 B. Pune City Police 
 C. Kolkata City Police 
 D. Delhi City Police 
 E. Mumbai City Police 
14. Which of the following is an 
integrated payment system which 
uses the customer’s Smart or Credit 
Card by scanning a code of the 
merchant’s place? 
 A. Aadhaar Pay  B. UPI 
 C. Bharat QR  D. Paytm 
 E. Bhim 
15. Disha Microfine Private Limited has 
recently (May 2017) received the 
final approval from the Reserve 
bank of India to commerce ……………. 
 A. Local Area Bank Operations 
 B. Universal Banking Operations 
 C. White Label ATM 
 D. Payment Bank 
 E. Small Finance Bank 
16. With an intention of increasing 
Digital transactions, the Reserve 
bank of India has recently permitted 
co-operative banks to deploy their 
own or third-party point of sale 
terminals only if their net assets are 
more than ……….……… 
 A. 15 crore  B. 25 crores 
 C. 50 crore  D. 10 crores 
 E. 35 crore 
17. ‘Kanwar Pal Singh Gill’ who recently 
(May 2017) passed away at the age 
of 82 was a former …………. 
 A. Indian Civil Rights Activist 
 B. Indian Police Officer 
 C. Indian Intelligence Officer 
 D. Indian Football Player 
 E. Indian Civil Servant 
18. The currency of the ‘Republic of 
Maldives’ is ……………. 
 A. Riyal    B. Rupee 
 C. Ringgit   D. Rufiyaa 
 E. Rupiah 
19. A new cheaper, quicker and 
pollution- free ‘soil-to-soil 
technology to manufacture ‘biofuel’ 
has recently (June 2017) been 
developed by researchers at 
……………. 
 A. IIT-Gandhinagar 
 B. IIT-Jamshedpur 
 C. IIT-Kanpur 
 D. IIT-Kharagpur 
 E. IIT-Bhubaneshwar 
20. The ‘European Extremely Large 
Telescope’ which when completed 
will be the world’s largest optical 
telescope is being set up on a 3,000-
meter-high mountain in…………. 
 A. Arctic Desert in Canada 
 B. Gobi Desert in China 
 C. Taklimakan Desert 
 D. Sahara Desert in Chad 
 E. Atacama Desert in Chile 
21. Asian Infrastructure Investment 
bank (AIIB) has recently approved a 
loan of USD 160 million for a power 
project in the Indian State of 
……………… 
 A. Maharashtra 
 B. Madhya Pradesh 
 C. Andhra Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
22. Payment solutions providers 
‘Oxigen Services’ and ‘PayU India’ 
have been granted in-principle 
approval from Reserve Bank of India 
(RBI) to operate as ………… 
 A. Payments Bank 
 B. Small Finance Bank 
 C. White Label ATM 
 D. Universal Bank 
 E. Bharat Bill Payments Operating 
 Unit 
23. The archaeological site of the 
Paleolithic period, the ‘Bhimbetka 
rock shelters’ is situated in the 
Indian State of ……………. 
 A. Andhra Pradesh 
 B. Chhattisgarh 
 C. Madhya Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
24. The ‘Shri Shiv Chhatrapati Sports 
Complex’ also known as Balewadi 
stadium, is situated in …………… 
 A. Nashik, Maharashtra 
 B. Mumbai, Maharashtra 
 C. Aurangabad, Maharashtra 
 D. Nagpur, Maharashtra 
 E. Pune, Maharashtra 
25. The ‘Cash and ATM Management 
Companies’ are now not required to 
comply with the Private Security 
Agencies (Regulation) Act (PSARA). 
As a result, they may not be allowed 
to attract Foreign Direct Investment 
(FDI) up to ……. 
 A. 51 percent  B. 28 percent 
 C. 100 percent  D. 72 percent 
 E. 90 percent 
26. At any one time, the minimum 
balance in a BSBDA Small Account 
should not exceed…………. 
 A. 40,000/-   B. 50,000/- 
 C.   30,000/-  D. 20,000/- 
 E. 1,00,000/- 
27. The Union Cabinet has recently 
approved the public testing of five 
state-owned general insurance 
companies and making the 
government’s stake in them from 
100% to…………. 
 A. 75 percent  B. 49 percent 
 C. 51 percent  D. 61 percent 
 E. 45 percent 
28. In India the Credit rating agencies 
are regulated by …………… 
 A. SEBI    B. RBI 
 C. FIMMDA   D. PFRDA 
 E. IRDA 
29. The Dadasaheb Phalke Academy 
Award in the newly introduced 
‘Internationally Acclaimed Actress’ 
Category has recently been 
awarded to film actress …………. 
 A. Aishwarya Rai Bachchan 
 B. Malika Sherawat 
 C. Priyanka Chopra 
 D. Deepika Padukone 
 E. Freida Pinto 
30. The HCL Asian Junior Tennis 
Championship 2017 was recently 
(29th May 2017-3rd June 2017) 
held in …………… 
 A. Jakarta, Indonesia 
 B. Pune, India 
 C. Kuala Lumpur, Malaysia 
 D. Mumbai, India 
 E. Kolkata, India 
31. The Reserve Bank of India has 
advised banks to adhere to 
timelines prescribed for formulation 
and implementation of the ‘CAP’ by 
resolution of stressed loans. The 
alphabet ‘C’ in abbreviation ‘CAP’ 
stands for ……………. 
 A. Convertible  B. Corporate 
 C. Company  D. Corrective 
 E. Currency 
32. The 1,980 MW ‘Ghatampur Thermal 
power Project is proposed to be set 
up at an estimated cost of ? 17,237 
crore in the Indian State of 
…………………. 
 A. Uttar Pradesh  
 B. Chhattisgarh 
 C. Bihar     
 D. Odisha 
 E. Uttarakhand 
33. The city of ‘Abu Dhabi’ is the capital 
of ……………. 
 A. Republic of Turkey 
 B. Lebanese Republic 
 C. The Hashemite Kingdom of 
 Jordan 
 D. Kingdom of Saudi Arabia 
 E. United Arab Emirates 
34. The ‘Singareni Collieries Company 
Limited’ (SCCL) is a government-
owned coal mining company in 
India. The company is jointly owned 
by the Government of India and the 
…………… 
 A. Government of Madhya Pradesh 
 B. Government of Andhra Pradesh 
 C. Government of Uttar Pradesh 
 D. Government of Telangana 
 E. Government of Tamil Nadu 
35. The ‘IRS’ is a liquid financial 
derivative instrument which can be 
used to hedge against charges in 
………. 
 A. Income streams  
 B. Interest rates 
 C. Stock notices 
 D. Exchange rates 
 E. None of the above  
36. Punjab National Bank (PNB) has 
recently (May 2017) received USD 
100 million as the first tranche of 
the USD 500 million multi-tranche 
finance facility for Solar Rooftop 
Investment Programme (SRIP) 
approved in 2016 by ……………. 
 A. Asian Development Bank 
 B. New Development Bank 
 C. International Monetary Fund  
 D. International Development 
 Association 
 E. International Finance 
 Corporation 
37. According to the 2011 Census data, 
the sex ratio of the population in the 
country in 2011 stood at ………… 
 A. 931 females to 1000 males 
 B.   967 females to 1000 males 
 C. 940 females to 1000 males 
 D. 945 females to 1000 males 
 E. 970 females to 1000 males 
38. During the recent (May 2017) six-
day four nation tour Prime Minister 
Narendra Modi visited “Madrid” the 
capital city of …………. 
 A. Slovakia   B. Spain 
 C. Switzerland  D. Sweden 
 E. Swaziland 
39. According to RBI guidelines, a 
scheduled commercial bank can 
own stake in a payments bank to 
the extent permitted under Section 
19(2) of the ……………… 
 A. Public Financial Institutions Act, 
 1956 
 B. Banking Regulation Act, 1949 
 C. State Bank of India Act, 1955 
 D. Reserve Bank of India Act, 1934 
 E. Reserve Bank of India Act, 1953 
40. July 11, every year is observed as 
the ………………. 
 A. World Population Day 
 B. World Literacy Day 
 C. World Heart Day 
 D. Malala Day 
 E. World Hepatitis Day 
41. The ‘Ease of Doing Business Index’ 
is an index proposed by the …………… 
 A. World Trade Organization 
 B. New Development Bank 
 C. World Economic Forum 
 D. Asian Development Bank 
 E. World Bank 
42. The Reserve Bank of India has been 
opening the bank license window 
only periodically. Under the ‘on-tap’ 
mechanism, however an application 
can be made …………… 
 A. as and when RBI notifies 
 B. only for specified corporations 
 C. at any time, subject to 
 conditions 
 D. only for specified branches 
 E. only for specified banks 
43. In a breakthrough in military 
aviation technology, its largest 
indigenously built transport aircraft 
Y-20, was inducted by ………………… 
 A. Russia   B. Pakistan 
 C. China   D. France 
 E. India 
44. The two-day ‘G7 Summit 2017’ was 
recently (May 2017) held in …………. 
 A. Italy   B. United Kingdom 
 C. Japan  D. France 
 E. Germany 
45. In order to move towards a cashless 
economy, the RBI has recently 
prohibited Non-Banking Finance 
Companies (NBFCs) from disbursing 
loans against gold for an amount 
over ……………. 
 A. 20,000/-   B. 99,000/- 
 C. 50,000/-   D. 15,000/- 
 E. 40,000/- 
46. India’s largest bridge, the ‘Dhola-
Sadiya Bridge’ has recently (May 
2017) been inaugurated by PM Shri 
Narendra Modi. The bridge in the 
Indian State of Assam is built over 
the …………… 
 A. Manasa River  
B. Dhansiri River 
 C. Lohit River  
 D. Teesta River 
 E. Dihing River 
Page 5


1. India’s very own Global Positioning 
System (GPS) which is set to hit the 
market for public use in early 2018 
is known as the ‘Indian Regional 
Navigation Satellite System’ 
(IRNSS). Its operational name is 
………………. 
 A. NASIK   B. NASIC 
 C. NAVIC   D. NAVIK 
 E. NAVIS 
2. The ‘Dalong Village’ covering an 
area of 11.35 sq. km. has recently 
(May 2017) been declared as 
Biodiversity Heritage site under 
Section 37 (I) of Biological Diversity 
Act, 2002. The village is situated in 
the Indian State of …………. 
 A. Manipur   
 B. Madhya Pradesh 
 C. Mizoram    
 D. Maharashtra 
 E. Assam 
3. The ‘Almatti Dam’ is a hydroelectric 
project on the Krishna River in the 
Indian State of ………………. 
 A. Andhra Pradesh B. Maharashtra 
 C. West Bengal  D. Karnataka 
 E. Telangana 
4. The first Indian State which has 
recently launched its official ‘T–
wallet’ offering anytime anywhere 
platform for digital payments with 
an additional charge for the citizens 
is ……………. 
 A. Chhattisgarh B. Telangana 
 C. Kerala  D. Maharashtra 
 E. Andhra Pradesh 
5. Which of the following categories of 
banks are not allowed to accept 
deposits under ‘Pradhan Mantri 
Garib Kalyan Deposit Scheme’ 
(PMGKDS) 2016? 
 A. Private Sector Banks 
 B. Public Sector Banks 
 C. Regional Rural Banks 
 D. Cooperative Banks 
 E. State Bank of India 
6. A banking outlet is one which opens 
for at least five days a week for at 
least ………. 
 A. two hours a day 
 B. five hours a day 
 C. three hours a day 
 D. four hours a day 
 E. six hours a day  
7. Which of the following instruments 
is ‘not’ a debt instrument? 
 A. Stocks  B. Debentures 
 C. Bonds  D. Mortgages 
 E. Promissory Note 
8. The working and activity of NBFCS 
are registered by the Reserve Bank 
of India within the framework of the 
…………… 
 A. Reserve Bank of India Act, 1934 
(Chapter 10-12) 
 B. Banking Regulation Act, 1949 
 C. Companies Act, 1956 
 D. Banking Companies Act, 1970 
(Chapter No. 4) 
 E. Corporate Act, 2001 
9. The Union Home Minister, Shri 
Rajnath Singh has recently (May 
2017) released the book ‘India 
2017: Yearbook’. The book is 
authored by ………… 
 A. Dr. Arvind Panagariya 
 B. Shri Rajiv Malhotra 
 C. Shri Kamal Kishore 
 D. Shri Tanay Pant 
 E. Shri Rajiv Mehrishi 
10. The ‘Sonai Rupai Wildlife Sanctuary’ 
is situated in the Indian State of 
………… 
 A. Arunachal Pradesh 
 B. Tripura 
 C. Meghalaya 
 D. Sikkim 
 E. Assam 
11. The 2017 ‘North Atlantic Treaty 
Organization ‘(NATO) Summit was 
recently (May 2017) held in 
……………. 
 A. New York, United States of 
 America 
 B. London, United Kingdom 
 C. Paris, France 
 D. Brussels, Belgium 
 E. Rome, Italy 
12. The ‘CGFMU’ is a Credit guarantee 
Fund established for guaranteeing 
loans sacrificed under the: 
 A. PMRY Scheme 
 B. PMMY Scheme 
 C. PMGSY Scheme 
 D. PMAY Scheme 
 E. PMUY Scheme 
13. The ‘Federation of Indian Chamber 
of Commerce and Industries’ 
(FICCI) Smart Policing Award for the 
year 2017 has recently (May 2017) 
been conferred upon ……………. 
 A. Jammu City Police 
 B. Pune City Police 
 C. Kolkata City Police 
 D. Delhi City Police 
 E. Mumbai City Police 
14. Which of the following is an 
integrated payment system which 
uses the customer’s Smart or Credit 
Card by scanning a code of the 
merchant’s place? 
 A. Aadhaar Pay  B. UPI 
 C. Bharat QR  D. Paytm 
 E. Bhim 
15. Disha Microfine Private Limited has 
recently (May 2017) received the 
final approval from the Reserve 
bank of India to commerce ……………. 
 A. Local Area Bank Operations 
 B. Universal Banking Operations 
 C. White Label ATM 
 D. Payment Bank 
 E. Small Finance Bank 
16. With an intention of increasing 
Digital transactions, the Reserve 
bank of India has recently permitted 
co-operative banks to deploy their 
own or third-party point of sale 
terminals only if their net assets are 
more than ……….……… 
 A. 15 crore  B. 25 crores 
 C. 50 crore  D. 10 crores 
 E. 35 crore 
17. ‘Kanwar Pal Singh Gill’ who recently 
(May 2017) passed away at the age 
of 82 was a former …………. 
 A. Indian Civil Rights Activist 
 B. Indian Police Officer 
 C. Indian Intelligence Officer 
 D. Indian Football Player 
 E. Indian Civil Servant 
18. The currency of the ‘Republic of 
Maldives’ is ……………. 
 A. Riyal    B. Rupee 
 C. Ringgit   D. Rufiyaa 
 E. Rupiah 
19. A new cheaper, quicker and 
pollution- free ‘soil-to-soil 
technology to manufacture ‘biofuel’ 
has recently (June 2017) been 
developed by researchers at 
……………. 
 A. IIT-Gandhinagar 
 B. IIT-Jamshedpur 
 C. IIT-Kanpur 
 D. IIT-Kharagpur 
 E. IIT-Bhubaneshwar 
20. The ‘European Extremely Large 
Telescope’ which when completed 
will be the world’s largest optical 
telescope is being set up on a 3,000-
meter-high mountain in…………. 
 A. Arctic Desert in Canada 
 B. Gobi Desert in China 
 C. Taklimakan Desert 
 D. Sahara Desert in Chad 
 E. Atacama Desert in Chile 
21. Asian Infrastructure Investment 
bank (AIIB) has recently approved a 
loan of USD 160 million for a power 
project in the Indian State of 
……………… 
 A. Maharashtra 
 B. Madhya Pradesh 
 C. Andhra Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
22. Payment solutions providers 
‘Oxigen Services’ and ‘PayU India’ 
have been granted in-principle 
approval from Reserve Bank of India 
(RBI) to operate as ………… 
 A. Payments Bank 
 B. Small Finance Bank 
 C. White Label ATM 
 D. Universal Bank 
 E. Bharat Bill Payments Operating 
 Unit 
23. The archaeological site of the 
Paleolithic period, the ‘Bhimbetka 
rock shelters’ is situated in the 
Indian State of ……………. 
 A. Andhra Pradesh 
 B. Chhattisgarh 
 C. Madhya Pradesh 
 D. Himachal Pradesh 
 E. Odisha 
24. The ‘Shri Shiv Chhatrapati Sports 
Complex’ also known as Balewadi 
stadium, is situated in …………… 
 A. Nashik, Maharashtra 
 B. Mumbai, Maharashtra 
 C. Aurangabad, Maharashtra 
 D. Nagpur, Maharashtra 
 E. Pune, Maharashtra 
25. The ‘Cash and ATM Management 
Companies’ are now not required to 
comply with the Private Security 
Agencies (Regulation) Act (PSARA). 
As a result, they may not be allowed 
to attract Foreign Direct Investment 
(FDI) up to ……. 
 A. 51 percent  B. 28 percent 
 C. 100 percent  D. 72 percent 
 E. 90 percent 
26. At any one time, the minimum 
balance in a BSBDA Small Account 
should not exceed…………. 
 A. 40,000/-   B. 50,000/- 
 C.   30,000/-  D. 20,000/- 
 E. 1,00,000/- 
27. The Union Cabinet has recently 
approved the public testing of five 
state-owned general insurance 
companies and making the 
government’s stake in them from 
100% to…………. 
 A. 75 percent  B. 49 percent 
 C. 51 percent  D. 61 percent 
 E. 45 percent 
28. In India the Credit rating agencies 
are regulated by …………… 
 A. SEBI    B. RBI 
 C. FIMMDA   D. PFRDA 
 E. IRDA 
29. The Dadasaheb Phalke Academy 
Award in the newly introduced 
‘Internationally Acclaimed Actress’ 
Category has recently been 
awarded to film actress …………. 
 A. Aishwarya Rai Bachchan 
 B. Malika Sherawat 
 C. Priyanka Chopra 
 D. Deepika Padukone 
 E. Freida Pinto 
30. The HCL Asian Junior Tennis 
Championship 2017 was recently 
(29th May 2017-3rd June 2017) 
held in …………… 
 A. Jakarta, Indonesia 
 B. Pune, India 
 C. Kuala Lumpur, Malaysia 
 D. Mumbai, India 
 E. Kolkata, India 
31. The Reserve Bank of India has 
advised banks to adhere to 
timelines prescribed for formulation 
and implementation of the ‘CAP’ by 
resolution of stressed loans. The 
alphabet ‘C’ in abbreviation ‘CAP’ 
stands for ……………. 
 A. Convertible  B. Corporate 
 C. Company  D. Corrective 
 E. Currency 
32. The 1,980 MW ‘Ghatampur Thermal 
power Project is proposed to be set 
up at an estimated cost of ? 17,237 
crore in the Indian State of 
…………………. 
 A. Uttar Pradesh  
 B. Chhattisgarh 
 C. Bihar     
 D. Odisha 
 E. Uttarakhand 
33. The city of ‘Abu Dhabi’ is the capital 
of ……………. 
 A. Republic of Turkey 
 B. Lebanese Republic 
 C. The Hashemite Kingdom of 
 Jordan 
 D. Kingdom of Saudi Arabia 
 E. United Arab Emirates 
34. The ‘Singareni Collieries Company 
Limited’ (SCCL) is a government-
owned coal mining company in 
India. The company is jointly owned 
by the Government of India and the 
…………… 
 A. Government of Madhya Pradesh 
 B. Government of Andhra Pradesh 
 C. Government of Uttar Pradesh 
 D. Government of Telangana 
 E. Government of Tamil Nadu 
35. The ‘IRS’ is a liquid financial 
derivative instrument which can be 
used to hedge against charges in 
………. 
 A. Income streams  
 B. Interest rates 
 C. Stock notices 
 D. Exchange rates 
 E. None of the above  
36. Punjab National Bank (PNB) has 
recently (May 2017) received USD 
100 million as the first tranche of 
the USD 500 million multi-tranche 
finance facility for Solar Rooftop 
Investment Programme (SRIP) 
approved in 2016 by ……………. 
 A. Asian Development Bank 
 B. New Development Bank 
 C. International Monetary Fund  
 D. International Development 
 Association 
 E. International Finance 
 Corporation 
37. According to the 2011 Census data, 
the sex ratio of the population in the 
country in 2011 stood at ………… 
 A. 931 females to 1000 males 
 B.   967 females to 1000 males 
 C. 940 females to 1000 males 
 D. 945 females to 1000 males 
 E. 970 females to 1000 males 
38. During the recent (May 2017) six-
day four nation tour Prime Minister 
Narendra Modi visited “Madrid” the 
capital city of …………. 
 A. Slovakia   B. Spain 
 C. Switzerland  D. Sweden 
 E. Swaziland 
39. According to RBI guidelines, a 
scheduled commercial bank can 
own stake in a payments bank to 
the extent permitted under Section 
19(2) of the ……………… 
 A. Public Financial Institutions Act, 
 1956 
 B. Banking Regulation Act, 1949 
 C. State Bank of India Act, 1955 
 D. Reserve Bank of India Act, 1934 
 E. Reserve Bank of India Act, 1953 
40. July 11, every year is observed as 
the ………………. 
 A. World Population Day 
 B. World Literacy Day 
 C. World Heart Day 
 D. Malala Day 
 E. World Hepatitis Day 
41. The ‘Ease of Doing Business Index’ 
is an index proposed by the …………… 
 A. World Trade Organization 
 B. New Development Bank 
 C. World Economic Forum 
 D. Asian Development Bank 
 E. World Bank 
42. The Reserve Bank of India has been 
opening the bank license window 
only periodically. Under the ‘on-tap’ 
mechanism, however an application 
can be made …………… 
 A. as and when RBI notifies 
 B. only for specified corporations 
 C. at any time, subject to 
 conditions 
 D. only for specified branches 
 E. only for specified banks 
43. In a breakthrough in military 
aviation technology, its largest 
indigenously built transport aircraft 
Y-20, was inducted by ………………… 
 A. Russia   B. Pakistan 
 C. China   D. France 
 E. India 
44. The two-day ‘G7 Summit 2017’ was 
recently (May 2017) held in …………. 
 A. Italy   B. United Kingdom 
 C. Japan  D. France 
 E. Germany 
45. In order to move towards a cashless 
economy, the RBI has recently 
prohibited Non-Banking Finance 
Companies (NBFCs) from disbursing 
loans against gold for an amount 
over ……………. 
 A. 20,000/-   B. 99,000/- 
 C. 50,000/-   D. 15,000/- 
 E. 40,000/- 
46. India’s largest bridge, the ‘Dhola-
Sadiya Bridge’ has recently (May 
2017) been inaugurated by PM Shri 
Narendra Modi. The bridge in the 
Indian State of Assam is built over 
the …………… 
 A. Manasa River  
B. Dhansiri River 
 C. Lohit River  
 D. Teesta River 
 E. Dihing River 
47. The largest of White Label ATM 
Kiosks under the brand name 
‘Indicash’ is owned and operated by 
……………… 
 A. BTI Payments 
 B. Tata Communications Payment 
Solution 
 C. Muthoot Finance Limited 
 D. Prize Payments Solutions 
 Limited 
 E. Sun Infra Finance 
48. The only Indian cricketer of the 
country to feature in the top 10 of 
the ICC player Rankings for ODIs on 
May 2017? 
 A. Virat Kohli 
 B. Amit Mishra 
 C. Shikhar Dhawan 
 D. M.S. Dhoni 
 E. Rohit Sharma 
49. Based on the UN Habitual Data, the 
World Economic Forum has recently 
named two Indian cities as the 
world’s most crowded cities. The 
cities are Mumbai and ………………… 
 A. New Delhi  B. Kolkata 
 C. Surat   D. Kota 
 E. Bengaluru 
50. ‘LAF’ is a monetary policy 
instrument which allows banks to 
borrow money through repurchase 
agreements. The alphabet ‘L’ in the 
abbreviation ‘LAF’ stands 
for…………… 
 A. Leverage  B. Legitimate 
 C. Liquidity   D. Liability 
 E. Local 
51. ‘Aparna Popat’ is a famous Indian 
…………… 
 A. Hockey Player 
 B. Tennis Player 
 C. Cricket Player 
 D. Badminton Player 
 E. Volleyball Player 
 52. A nationwide campaign ‘Darwaza 
Band’ to promote use and freedom 
from open defecation across the 
villages of the country has recently 
(May 2017) been launched by the 
……………. 
 A. Ministry of Water Resources and 
River Development 
 B. Ministry of AAYUSH 
 C. Ministry of Drinking Water and 
Sanitation 
 D. Ministry of Health and Family 
 Welfare 
 E. Ministry of Human Resource 
Development 
53. The Tarun Ramadorai panel set up 
by the Reserve Bank of India (RBI) 
has been tasked to look at the 
various facets of the ………………. 
 A. Household finance in India 
 B. Digital Banking initiatives 
 C. Demonetization 
 D. Cyber Security 
 E. Both ‘1’ and ‘2’ 
54. The ‘Bandodkar Gold Trophy’ is 
associated with the game of ……… 
 A. Basketball  B. Badminton 
 C. Football   D. Cricket 
 E. Tennis 
55. Which of the following Indian 
wrestlers clinched a Gold medal in 
the 65 kg category in the 2017 
Asian Wrestling Championships final 
recently (May 2017)? 
 A. Bajrang Punia  
 B. Kavita Dalal 
 C. Sushil Kumar   
 D. Yogeshwar Dutt 
 E. Geeta Phogat 
56. Who among the following Chief 
Ministers was selected as 
‘Transformative Chief Minister’ by 
the US India Business Council 
recently? 
 A. Devendra Fadnavis 
 B. Vijay Rupani 
 C. P. Vijayan 
 D. N. Chandrababu Naidu 
 E. Pema Khandu 
57. Consider the following after RBI’s 
bi-monthly monetary policy review 
on April 6, 2017. 
 I. Repo rate: 6.25% 
 II. Reverse Repo Rate: 5.75% 
 III. Marginal Standing Facility Rate: 
6.75% 
 Which of the above is/are correct? 
A. Only I 
 B. Both I and II 
 C. Both II and III 
 D. Both I and III 
 E. All of these