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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

Q2283.GeographyHard

Which of the following statements about the green revolution in India is NOT correct?

  1. A.It began in the middle of the nineteen sixties.
  2. B.It depended on high yielding dwarf varieties, irrigation and fertiliser.
  3. C.Its gains were spread evenly across all states of India.
  4. D.It raised wheat output more than it raised rice output.
Show answer
Correct answer: C. Its gains were spread evenly across all states of India.

The correct answer is C, because the gains were not spread evenly: they were concentrated in the assured irrigation belt of Punjab, Haryana and western Uttar Pradesh, and later in parts of Andhra Pradesh and Tamil Nadu, while the rain fed districts of central and eastern India gained far less.

Q2287.GeographyMedium

Pashmina wool is obtained from which animal?

  1. A.Chokla sheep of Rajasthan
  2. B.Changthangi goat of Ladakh
  3. C.Murrah buffalo of Haryana
  4. D.Nellore sheep of Andhra Pradesh
Show answer
Correct answer: B. Changthangi goat of Ladakh

This goat of the cold Changthang plateau grows a very fine soft undercoat in winter, and that fibre, combed out in spring, is the pashmina from which Kashmiri shawls are woven.

Q2288.GeographyEasy

Murrah is a well known breed of which animal?

  1. A.Cow
  2. B.Buffalo
  3. C.Goat
  4. D.Sheep
Show answer
Correct answer: B. Buffalo

Murrah, from the Rohtak and Hisar belt of Haryana, is the best known milk buffalo of India, recognised by its tightly curled horns and heavy milk yield, and it has been used to improve buffalo stock in many states and abroad.

Q2289.GeographyEasy

Who is known as the father of the white revolution in India?

  1. A.M.S. Swaminathan
  2. B.Verghese Kurien
  3. C.Norman Borlaug
  4. D.Hiralal Chaudhuri
Show answer
Correct answer: B. Verghese Kurien

He organised the milk producers of the Kaira district into the cooperative known by the brand Amul, designed the three tier Anand pattern, headed the National Dairy Development Board and led Operation Flood, which is why the growth of Indian dairying is credited to him.

Q2290.GeographyMedium

In which year was Operation Flood launched in India?

  1. A.1946
  2. B.1965
  3. C.1970
  4. D.1986
Show answer
Correct answer: C. 1970

Operation Flood was launched by the National Dairy Development Board in 1970 to build a national milk grid on the Anand pattern of cooperatives, and it ran in three phases until 1996, by which time village societies in most states were selling milk to the big cities.

Q2291.GeographyAsked in: Uttar Pradesh · 20 Sep 2020Easy

Blue Revolution is related with the following

  1. A.Food grain production
  2. B.Oil seed production
  3. C.Fish production
  4. D.Milk production
Show answer
Correct answer: C. Fish production

The blue revolution is the name given to the rapid rise in fish output through aquaculture and improved marine fishing, which in India followed the spread of induced breeding of carp, the work of fish farmers development agencies and later a dedicated central scheme for fisheries.

Q2293.Reports & IndicesEasy

According to the CII white paper, what size should India's media and entertainment sector reach by the early 2030s?

  1. A.$50 billion
  2. B.$75 billion
  3. C.$100 billion
  4. D.$250 billion
Show answer
Correct answer: C. $100 billion

The white paper released by the Confederation of Indian Industry outlines a roadmap for India's media and entertainment sector to reach that size by the early 2030s, and it argues that faster reforms, stronger regional markets and measurable implementation are what would get the sector there.

Q2295.InternationalHard

In the 114th Development Committee Plenary, India sought closer collaboration among which three World Bank Group institutions?

  1. A.IBRD, IFC and MIGA
  2. B.IBRD, IDA and IMF
  3. C.IFC, ICSID and ADB
  4. D.MIGA, IDA and AIIB
Show answer
Correct answer: A. IBRD, IFC and MIGA

In her statement the Finance Minister encouraged stronger collaboration among these three arms and pressed for the World Bank Group Guarantee Platform to be operationalised faster, pointing out that developing economies are constrained by a shortage of risk capital and that guarantees and risk mitigation instruments are among the most…

Q2296.InternationalMedium

What was the agenda of the 114th Development Committee Plenary that India addressed?

  1. A.Debt Sustainability and Climate Finance
  2. B.Private Capital Mobilisation and Jobs
  3. C.Food Security and Rural Credit
  4. D.Digital Public Infrastructure and Trade
Show answer
Correct answer: B. Private Capital Mobilisation and Jobs

That was the stated agenda of the plenary, and India's intervention was delivered on precisely this topic, arguing that productive and better paid employment is the most effective pathway to cutting poverty and spreading prosperity.

Q2298.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2024, GS Paper IMedium

With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of :

  1. A.Bond market
  2. B.Forex market
  3. C.Money market
  4. D.Stock market
Show answer
Correct answer: C. Money market

CBLO was a short-term borrowing and lending instrument backed by government securities, which places it in the money market. The money market deals in funds lent for short periods, from overnight up to one year, through instruments such as call money, treasury bills, commercial paper, certificates of deposit and repos.

Q2299.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2017, GS Paper IMedium

Who among the following can join the National Pension System (NPS) ?

  1. A.Resident Indian citizens only
  2. B.Persons of age from 21 to 55 only
  3. C.All State Government employees joining the services after the date of notification by the respective State Governments
  4. D.All Central Government employees including those of Armed Forces joining the services on or after 1st April, 2004
Show answer
Correct answer: C. All State Government employees joining the services after the date of notification by the respective State Governments

Each state brings its new recruits under NPS from the date it notifies, so this group can join. The National Pension System replaced the old defined-benefit pension for new Central Government employees from 1 January 2004, and states adopted it one by one through their own notifications.

Q2300.Banking & Financial AwarenessAsked in: UPSC Civil Services · CSE Prelims 2018, GS Paper IMedium

With reference to digital payments, consider the following statements : 1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account. 2. While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication. Which of the statements given above is/are correct ?

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
Show answer
Correct answer: A. 1 only

BHIM can send money to anyone who has a UPI-linked bank account, but a chip-and-PIN debit card does not use four factors of authentication.

GK Questions for sub-exams