Banking GK Questions 2026

The Human Genome Project was launched in 1990 as an international public effort coordinated in the United States by the National Institutes of Health and the Department of Energy, with laboratories in several countries taking part.

Each nucleotide of DNA carries a phosphate group, and the phosphate backbone gives the whole molecule a net negative charge at the pH used in the laboratory.

Cas9 is an enzyme that breaks the sugar-phosphate backbone of both DNA strands at the point where its guide RNA has bound, provided a short adjacent signal called the PAM is present.

The two scientists showed that the bacterial CRISPR-Cas9 system could be directed by a designed guide RNA to cut any chosen sequence of DNA, which turned a microbial defence mechanism into a general tool for editing genomes, and they shared the Nobel Prize in Chemistry in 2020.

Working at the University of Leicester in 1984, Alec Jeffreys found that certain short sequences, the minisatellites or variable number tandem repeats, repeat a different number of times in different people, and that a pattern made from them identifies an individual.

The liquidity coverage ratio asks a bank to hold enough unencumbered high-quality liquid assets, mainly cash, balances with the central bank and government securities, to survive thirty calendar days of a severe stress scenario without fresh funding.

Asset classification moves in steps. An account that stays overdue beyond ninety days becomes a non-performing asset and is first called sub-standard; once it has remained sub-standard for more than twelve months it is reclassified as doubtful, and it is called a loss asset when the bank or its auditors…

A guarantee becomes a payment only if the customer fails to perform, so it is not added to the totals of the balance sheet; Form A shows guarantees, letters of credit, acceptances and forward exchange contracts separately as contingent liabilities, and bills for collection appear as a contra item.

The capital to risk-weighted assets ratio, or CRAR, is Tier 1 plus Tier 2 capital divided by risk-weighted assets, and the Reserve Bank of India requires Indian scheduled commercial banks to keep it at a minimum of nine per cent, with a capital conservation buffer of 2.5 per cent of…

Under the income recognition and asset classification norms followed by banks in India, a term loan becomes a non-performing asset when interest or an instalment of principal remains overdue for more than ninety days.

Section 29 of the Banking Regulation Act, 1949 requires every banking company to prepare, as on the last working day of its accounting year, a balance sheet and a profit and loss account in the forms set out in the Third Schedule to the Act.

The credit-deposit ratio, usually written as the CD ratio and given in per cent, shows how much of every hundred rupees of deposits a bank has lent out.

Net interest income, written as NII, is the core earning of a bank: the interest it collects on advances and investments less the interest it pays on deposits and borrowings.

CASA is short for current account and savings account, and the CASA ratio is current plus savings deposits divided by total deposits, shown as a percentage.

A deposit is money the bank owes back to the depositor, so it is a claim on the bank and is shown under liabilities in Form A of the Third Schedule to the Banking Regulation Act, 1949, along with capital, reserves and surplus, borrowings and other liabilities and provisions.

The Rathore chief founded Jodhpur in 1459 and raised the Mehrangarh fort above it, which is why the state of Marwar is also called the land of the Rathores.

Shah Jahan began his new capital on the Yamuna in that year, shifting the court from Agra, and it took shape as the walled city of Shahjahanabad with the Red Fort, the Jama Masjid and the avenue of Chandni Chowk.

The correct answer is B, Sikandar Lodi, the second ruler of the Lodi dynasty, who founded Agra on the Yamuna in 1504 and made it his capital so that he could keep a closer watch on the chiefs of the east and the Rajputs of the south.

The correct answer is B, Harihara and Bukka, the two brothers of the Sangama family who founded both the city and the empire of Vijayanagara on the Tungabhadra in 1336; its ruins at Hampi in Karnataka are a World Heritage Site.

The correct answer is A, Jamsetji Nusserwanji Tata, the founder of the Tata group, after whom the steel town built by his company on the Subarnarekha in the first years of the twentieth century is named; it is also called Tatanagar, which remains the name of its railway station.