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Banking GK Questions 2026

The static part of banking awareness is mostly banking and the economy; history and geography get a smaller share than in SSC exams. The test names say so: General/Economy/Banking Awareness including RBI circulars in IBPS PO, General Awareness/ Economy/ Banking Knowledge in SBI PO, and General/Financial Awareness in the clerk exams. Questions keep returning to the RBI and its functions, monetary policy tools such as the repo rate, CRR and SLR, types of banks and accounts, NPAs, KYC, priority sector lending, payment systems such as UPI, NEFT and RTGS, regulators such as SEBI, IRDAI and PFRDA, development institutions such as NABARD and SIDBI, the Budget and the Economic Survey. RBI Grade B and NABARD Grade A go further, with full papers on Economic and Social Issues, and NABARD on Agriculture and Rural Development: agronomy, irrigation, animal husbandry, climate change and rural development schemes. Some static GK still appears: headquarters and heads of banks, currencies and capitals, and important days. This page gathers GK24's topic-wise GK notes for banking exams, in English and Hindi, in short facts and tables. Read one topic at a sitting, then take its topic quiz to see what you remember.

Banking GK Questions with Answers

Q183.NationalHard

Under the proposed arrangement, the Government Analyst's test report in Form 13 would be endorsed to which of these, among others?

  1. A.Drugs Controller General of India
  2. B.Central Drugs Standard Control Organisation's Ethics Committee
  3. C.Pharmacy Council of India
  4. D.National Pharmaceutical Pricing Authority
Show answer
Correct answer: A. Drugs Controller General of India

Consequential amendments have been proposed to Form 13, the test report of the Government Analyst, so that the report is endorsed to the Drugs Controller General of India, to the State or Union Territory Licensing Authority in whose jurisdiction the manufacturing site is located, and to the manufacturer as well…

Q184.NationalMedium

Under the proposal, a suspended manufacturing licence can be restored only after the manufacturer completes which of the following?

  1. A.Payment of a penalty to the Licensing Authority
  2. B.Root Cause Analysis and Corrective and Preventive Action
  3. C.A fresh application for a new licence
  4. D.Re-testing by a private accredited laboratory
Show answer
Correct answer: B. Root Cause Analysis and Corrective and Preventive Action

The suspension is to continue until the manufacturer carries out an effective Root Cause Analysis to identify why the quality failure occurred and implements appropriate Corrective and Preventive Action, commonly abbreviated as CAPA, to the satisfaction of the Licensing Authority.

Q186.NationalEasy

The Union Health Ministry's proposal for immediate suspension of manufacturing licences for substandard drugs amends which rules?

  1. A.Drugs Rules, 1945
  2. B.Drugs and Cosmetics Rules, 1955
  3. C.Drug Price Control Order, 1995
  4. D.Medical Devices Rules, 2017
Show answer
Correct answer: A. Drugs Rules, 1945

The Ministry of Health and Family Welfare proposed amendments to these rules so that the manufacturing licence of a drug declared Not of Standard Quality on specified critical parameters can be suspended immediately, without waiting for the full procedure that at present includes a show-cause notice.

Q187.EnvironmentHard

By how much does the GEF-8 project aim to expand India's conservation estate, over and above the area already under protection?

  1. A.3 per cent over the existing 27 per cent
  2. B.5 per cent over the existing 25 per cent
  3. C.10 per cent over the existing 20 per cent
  4. D.7 per cent over the existing 23 per cent
Show answer
Correct answer: A. 3 per cent over the existing 27 per cent

The project aims to add three per cent of India's land and marine area to the country's conservation estate, above the twenty-seven per cent already under protection, doing so through OECMs and other conservation initiatives that include community and private conservation areas.

Q188.EnvironmentMedium

What is the total financing of the GEF-8 project commissioned to implement the I-OECM Guidelines?

  1. A.USD 6.65 million
  2. B.USD 54.14 million
  3. C.USD 60.79 million
  4. D.USD 27.30 million
Show answer
Correct answer: C. USD 60.79 million

The correct answer is USD 60.79 million, the total financing of the project titled Enhancing the conservation and sustainable use of biodiversity to meet India's commitment to the Kunming-Montreal Global Biodiversity Framework targets by 2030.

Q189.EnvironmentMedium

To which body must applications for I-OECM recognition be submitted in the first instance?

  1. A.National Biodiversity Authority
  2. B.Ministry of Environment, Forest and Climate Change
  3. C.UNEP-WCMC
  4. D.State Biodiversity Board
Show answer
Correct answer: A. National Biodiversity Authority

Applications from Central and State government departments, agencies and institutions, local self-governments and Biodiversity Management Committees go to the NBA, which conducts a preliminary examination.

Q190.EnvironmentEasy

The Guidelines for designation of India's Other Effective Area-Based Conservation Measures (I-OECMs) 2026 were released at CBD COP-17 held in which city?

  1. A.Cali
  2. B.Yerevan
  3. C.Baku
  4. D.Montreal
Show answer
Correct answer: B. Yerevan

The correct answer is Yerevan, the capital of Armenia, where the seventeenth Conference of the Parties to the Convention on Biological Diversity was held and where Union Environment Minister Bhupender Yadav released the guidelines at a side event on 3 November 2026.

Q191.DefenceMedium

The inaugural India-Canada Defence Dialogue reaffirmed a commitment reflected in a Joint Statement issued by Prime Minister Narendra Modi and which Canadian Prime Minister?

  1. A.Justin Trudeau
  2. B.Mark Carney
  3. C.Stephen Harper
  4. D.Jean Chretien
Show answer
Correct answer: B. Mark Carney

The dialogue reaffirmed the shared commitment at the leadership level to expand defence and strategic engagement between the two countries, as reflected in the Joint Statement issued on 2 March 2026 by Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney.

Q192.DefenceMedium

Which subject emerged as the most important area of engagement at the inaugural India-Canada Defence Dialogue?

  1. A.Defence industrial cooperation
  2. B.Maritime boundary demarcation
  3. C.Civil nuclear fuel supply
  4. D.Counter-terrorism financing
Show answer
Correct answer: A. Defence industrial cooperation

The correct answer is defence industrial cooperation, which came through as an important area of engagement, alongside military-technical cooperation and defence research and development, the two subjects identified as priority areas for further collaboration.

Q195.Science & TechnologyMedium

Which TRAI apps supply the user test data shown on the Network Anubhav Platform?

  1. A.MySpeed and MyCall
  2. B.BharatNet and UMANG
  3. C.DigiLocker and mParivahan
  4. D.Sanchar Saathi and eSamadhan
Show answer
Correct answer: A. MySpeed and MyCall

The user test data on the platform is made up of the results of tests run by consumers on these two TRAI apps, one measuring internet speed and the other call experience, and this is combined on the dashboard with TRAI's independent drive test data.

Q196.Science & TechnologyMedium

On the Network Anubhav Platform, what does the percentile value P50 indicate?

  1. A.The highest speed ever recorded in an area
  2. B.The median speed, with half the tests at or above that value
  3. C.The speed promised by the service provider in its tariff plan
  4. D.The average of the slowest fifty tests in an area
Show answer
Correct answer: B. The median speed, with half the tests at or above that value

The platform reports percentile values worked out from tests that users have carried out in a given area. P50 is the median: half the tests recorded a speed at or above it.

Q197.Science & TechnologyEasy

Which body launched the Network Anubhav Platform?

  1. A.Department of Telecommunications
  2. B.Telecom Regulatory Authority of India
  3. C.Bharat Sanchar Nigam Limited
  4. D.Telecom Disputes Settlement and Appellate Tribunal
Show answer
Correct answer: B. Telecom Regulatory Authority of India

TRAI launched the Network Anubhav Platform as a geospatial and analytical dashboard that brings together test data sent in by users through its MySpeed and MyCall apps and the results of its own independent drive tests, and that also opens a web interface for Do Not Disturb services.

Q198.NationalMedium

From which fund is the Central share of the Fast Track Special Courts scheme met?

  1. A.Consolidated Sinking Fund
  2. B.Nirbhaya Fund
  3. C.National Investment Fund
  4. D.Contingency Fund of India
Show answer
Correct answer: B. Nirbhaya Fund

Of the total outlay of Rs 3,788.04 crore, the Central share of Rs 2,353.15 crore is funded from the Nirbhaya Fund, while the States and Union Territories contribute Rs 1,434.89 crore in line with the funding pattern for centrally sponsored schemes.

GK Questions for sub-exams