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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

Q3062.Computer AwarenessEasy

The word algorithm is derived from the name of which mathematician?

  1. A.Euclid
  2. B.Al-Khwarizmi
  3. C.Charles Babbage
  4. D.Blaise Pascal
Show answer
Correct answer: B. Al-Khwarizmi

Muhammad ibn Musa al-Khwarizmi was a ninth-century Persian mathematician and astronomer whose treatise on calculation with Hindu-Arabic numerals reached Europe in Latin translation; his Latinised name produced the word algorithm, and another of his works gave the word algebra.

Q3063.Computer AwarenessEasy

In a flowchart, the oval or rounded shape is used to show:

  1. A.Start and Stop
  2. B.A subroutine call
  3. C.A decision
  4. D.The direction of flow
Show answer
Correct answer: A. Start and Stop

The oval is the terminal symbol, and a well-formed flowchart has exactly one Start terminal and at least one Stop terminal; a chart that can never reach a Stop describes an infinite loop and so breaks the finiteness property of an algorithm.

Q3068.Art & CultureMedium

Which UNESCO programme is concerned with the protection of documentary heritage such as manuscripts and archives?

  1. A.World Heritage List
  2. B.Memory of the World
  3. C.Representative List of Intangible Cultural Heritage
  4. D.Creative Cities Network
Show answer
Correct answer: B. Memory of the World

The Memory of the World Programme protects documentary heritage, which means manuscripts, archives, maps, printed material, photographs and sound and film recordings, and it keeps an International Register, regional registers and national registers.

Q3075.Indian EconomyMedium

Under the Pradhan Mantri Shram Yogi Maandhan scheme, an eligible unorganised worker receives a monthly pension after the age of sixty of

  1. A.One thousand rupees
  2. B.Two thousand rupees
  3. C.Three thousand rupees
  4. D.Five thousand rupees
Show answer
Correct answer: C. Three thousand rupees

The scheme, launched in 2019, is open to an unorganised worker between eighteen and forty years of age with a monthly income up to fifteen thousand rupees, and gives an assured monthly pension of three thousand rupees after sixty on a matching contribution, the worker and the government each paying…

Q3076.Indian EconomyHard

Article 43A of the Constitution, which directs the state to secure the participation of workers in the management of undertakings, was added by which amendment?

  1. A.The 24th Amendment, 1971
  2. B.The 42nd Amendment, 1976
  3. C.The 44th Amendment, 1978
  4. D.The 86th Amendment, 2002
Show answer
Correct answer: B. The 42nd Amendment, 1976

It inserted several Directive Principles, among them Article 43A on the participation of workers in the management of industrial undertakings, Article 39A on equal justice and free legal aid, and Article 48A on the protection of the environment.

Q3077.Indian EconomyHard

Under the Industrial Relations Code, 2020, the employer's contribution to the Worker Re-skilling Fund for a retrenched worker is

  1. A.Fifteen days' wages last drawn by the worker
  2. B.One month's wages last drawn by the worker
  3. C.Three months' wages last drawn by the worker
  4. D.A flat sum fixed by the Central Government every year
Show answer
Correct answer: A. Fifteen days' wages last drawn by the worker

The code sets up a Worker Re-skilling Fund to which the employer contributes fifteen days' wages for every retrenched worker, and the amount is to be credited to that worker's account within forty-five days of retrenchment so that it can be used while finding new work.

Q3078.Indian EconomyMedium

How many days' notice must be given before a strike or lock-out under the Industrial Relations Code, 2020?

  1. A.Seven days
  2. B.Fourteen days
  3. C.Thirty days
  4. D.Sixty days
Show answer
Correct answer: B. Fourteen days

The code extends to all industrial establishments the requirement, earlier limited to public utility services, that no person shall go on strike and no employer declare a lock-out without fourteen days' notice, and the strike must begin within sixty days of that notice.

Q3079.Indian EconomyHard

Under the Occupational Safety, Health and Working Conditions Code, 2020, an establishment is a factory if it employs at least

  1. A.Ten workers with power and twenty without power
  2. B.Twenty workers with power and forty without power
  3. C.Thirty workers with power and sixty without power
  4. D.Fifty workers, whether or not power is used
Show answer
Correct answer: B. Twenty workers with power and forty without power

The code doubles the thresholds of the Factories Act, 1948, the argument being that small units were burdened with compliance meant for larger ones, while the criticism is that many workers now fall outside the factory provisions.

Q3080.Indian EconomyEasy

Maternity benefit under the Code on Social Security, 2020 is available for a period of

  1. A.Twelve weeks
  2. B.Sixteen weeks
  3. C.Twenty-six weeks
  4. D.Fifty-two weeks
Show answer
Correct answer: C. Twenty-six weeks

The Maternity Benefit Act, 1961 originally provided twelve weeks; the amendment of 2017 raised it to twenty-six weeks for the first two children, and the Code on Social Security carries that provision forward along with a creche facility in larger establishments.

GK Questions for sub-exams