Banking GK Questions 2026

The interaction of 17 October 2026 between the Union Environment Minister and start-ups was one of a series of stakeholder engagements carried out under that campaign theme, which places a share of the responsibility for clean air on every citizen.

The correct answer is Shri Bhupender Yadav, the Union Minister for Environment, Forest and Climate Change, who met start-ups and innovation companies working on air pollution mitigation and himself put a set of problem statements covering nine key areas before them.

The notification on sucrose and fructose in infant foods has been published as a draft for public consultation, and objections as well as suggestions from stakeholders are invited within sixty days of the date on which copies of the Official Gazette carrying it are made available to the public.

These are the parent rules that the new draft, styled the Amendment Regulations of 2026, sets out to edit.

The draft Food Safety and Standards (Foods for Infant Nutrition) Amendment Regulations, 2026, which reached the Gazette of India on 16 October 2026, proposes that these two sugars not be added to any product intended for an infant up to the age of six months.

The RBI brought in MCLR to make banks' loan pricing more transparent and to give borrowers rates that are fair to both sides.

An expansionist policy aims to make money cheaper and more plentiful, so the RBI would not raise the Marginal Standing Facility rate, which makes borrowing dearer.

The digital rupee is RBI-issued sovereign money, sits as a liability of the RBI like notes do, and can be exchanged one-to-one for cash and bank deposits.

FDI comes in as equity ownership, so India does not have to repay it with interest. Under Indian rules, FDI is investment by a person resident outside India in an unlisted company, or in ten per cent or more of the paid-up equity of a listed company.

A syndicate shares the default risk, and a syndicated facility can be either a term loan or a credit line.

In paragraph 93 of that speech the then Finance Minister Arun Jaitley said public sector banks had to be strong and competitive, that the Bank Board Bureau would be made operational in that year, that a roadmap for consolidating public sector banks would be spelt out, that the transformation of…

Those challenging the decision argued that assurances given in Parliament amounted to a promise binding on the Government.

According to the clarification, the association of IDBI officers took the shareholding question to the Delhi High Court, which decided the case on 17 December 2018 and dismissed the writ petition.

The Finance Ministry's clarification records that while the Union Budget of 2003 was being discussed and Parliament was debating this repeal legislation, an amendment was moved that sought to limit any reduction of the Government's holding in IDBI.

PAHAL is the direct benefit transfer scheme for subsidy on cooking gas (LPG). PAHAL stands for Pratyaksh Hanstantrit Labh, meaning direct transferred benefit.

In the Union Budget 2022-23, interest on past borrowing was the single largest item of revenue expenditure. Revenue expenditure is spending that creates no assets, such as salaries, pensions, interest, subsidies and grants.

Keynes made the paradox of thrift a central idea of his economics in the 1930s. The paradox says that what is wise for one household can hurt the whole economy.

The Pampas is the temperate grassland of Argentina and Uruguay, a flat and fertile region of wheat farming and cattle ranching.

Milpa is the local name for the slash and burn farming of Mexico, Guatemala and the neighbouring countries, in which a forest patch is cleared and burnt, cropped with maize, beans and squash for a few seasons and then left to recover.

The Ainu are the indigenous people of Hokkaido, the northern island of Japan, and formerly of Sakhalin and the Kuril islands.