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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

Q3121.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2021, GS Paper IMedium

Consider the following statements :

Other things remaining unchanged, market demand for a good might increase if

1. price of its substitute increases

2. price of its complement increases

3. the good is an inferior good and income of the consumers increases

4. its price falls

Which of the above statements are correct?

  1. A.1 and 4 only
  2. B.2, 3 and 4
  3. C.1, 3 and 4
  4. D.1, 2 and 3
Show answer
Correct answer: A. 1 and 4 only

A dearer substitute pushes buyers towards this good, and a fall in its own price leads them to buy more of it.

Q3122.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2022, GS Paper IMedium

"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following ?

  1. A.Asian Development Bank
  2. B.International Monetary Fund
  3. C.United Nations Environment Programme Finance Initiative
  4. D.World Bank
Show answer
Correct answer: B. International Monetary Fund

Both are IMF windows for quick emergency financing to member countries facing an urgent balance of payments need. The Rapid Financing Instrument (RFI) is open to all IMF members and gives fast, low-access financial help without a full-fledged programme.

Q3128.NationalMedium

Where in the car was the smuggled gold concealed?

  1. A.Inside the spare wheel in the boot
  2. B.In a cavity below the leg space of the front passenger seat
  3. C.Inside the fuel tank
  4. D.Behind the dashboard panel
Show answer
Correct answer: B. In a cavity below the leg space of the front passenger seat

The car revealed nothing on a first inspection, and only a long, systematic rummaging of the interior brought to light a space that had been specially fabricated beneath the leg room of the seat beside the driver.

Q3129.NationalEasy

Which agency seized 5,832.90 grams of foreign-origin gold from a cavity in a car at Visakhapatnam?

  1. A.Central Bureau of Investigation
  2. B.Directorate of Revenue Intelligence
  3. C.Narcotics Control Bureau
  4. D.Enforcement Directorate
Show answer
Correct answer: B. Directorate of Revenue Intelligence

DRI, which functions under the Ministry of Finance, is the central agency that gathers intelligence on smuggling and acts on it, and it carried out this interception at Visakhapatnam after chasing a car travelling from Kolkata towards Hyderabad.

Q3130.Important DaysMedium

In the tribute to Loknayak Jayaprakash Narayan, his fearless voice was especially recalled from which period?

  1. A.The Quit India Movement
  2. B.The Emergency
  3. C.The Bengal Partition
  4. D.The Non-Cooperation Movement
Show answer
Correct answer: B. The Emergency

The Prime Minister noted that the fearless voice of Loknayak Jayaprakash Narayan during the Emergency was itself noteworthy, placing it alongside his concern for good governance and for reaching people at the margins of society.

Q3131.Important DaysMedium

Whose birth anniversary, also falling on 11 October, was marked with a tribute recalling his work for rural development and community participation?

  1. A.Vinoba Bhave
  2. B.Nanaji Deshmukh
  3. C.Jagjivan Ram
  4. D.Kamaraj
Show answer
Correct answer: B. Nanaji Deshmukh

The Prime Minister paid homage to him on his birth anniversary, which falls on the same date as that of Loknayak Jayaprakash Narayan, and described him as an outstanding nation-builder who showed in thought and in action that genuine change starts at the grassroots.

Q3133.Science & TechnologyMedium

At the foundation ceremony of ICMR-CHAMP, native Himalayan saplings are to be planted under which initiative?

  1. A.Green ICMR Campus Initiative
  2. B.Mission Life Himalaya
  3. C.Nilgiri Green Campus Mission
  4. D.Swachh Himalaya Abhiyan
Show answer
Correct answer: A. Green ICMR Campus Initiative

The Ministry has said that after the Bhumi Pujan, the ceremonial groundbreaking and the unveiling of the foundation stone at Keylong, native Himalayan saplings will be planted under this initiative, and that the ceremony will also include a scientific exhibition, the launch of the institutional video and website of the…

Q3134.Science & TechnologyMedium

Which body is establishing the first dedicated centre for high-altitude medicine and public health research in India?

  1. A.Defence Research and Development Organisation
  2. B.All India Institute of Medical Sciences
  3. C.Indian Council of Medical Research
  4. D.Council of Scientific and Industrial Research
Show answer
Correct answer: C. Indian Council of Medical Research

The centre is being established by the ICMR under the Department of Health Research in the Ministry of Health and Family Welfare, and the announcement describes it as the first dedicated centre of the ICMR for high-altitude medicine and public health research.

Q3135.Science & TechnologyEasy

The ICMR Centre for High Altitude Medicine and Public Health Research (ICMR-CHAMP) is being set up at which place?

  1. A.Leh, Ladakh
  2. B.Keylong, Himachal Pradesh
  3. C.Tawang, Arunachal Pradesh
  4. D.Munsiyari, Uttarakhand
Show answer
Correct answer: B. Keylong, Himachal Pradesh

The Ministry of Health and Family Welfare has said that the centre will come up at Keylong in the Lahaul and Spiti district of Himachal Pradesh, and that the Union Health Minister will lay its foundation stone there.

Q3137.NationalMedium

According to the Prime Minister, metro rail services are operated in how many cities of India today, compared with five cities in 2014?

  1. A.15
  2. B.20
  3. C.25
  4. D.30
Show answer
Correct answer: C. 25

The Prime Minister said that in 2014 metro trains ran in only five cities of the country, whereas metro services are today operated in twenty-five cities, and that the network itself has grown from roughly two hundred fifty kilometres in that year to more than one thousand one hundred kilometres…

Q3138.NationalMedium

Which port is being developed as a world-class mega container and green energy hub, as announced in the Prime Minister address at Chennai?

  1. A.Ennore Port
  2. B.Karaikal Port
  3. C.VOC Port, Thoothukudi
  4. D.Chennai Port
Show answer
Correct answer: C. VOC Port, Thoothukudi

The Prime Minister said the Union Government has recently decided to build this port into a world-class mega container and green energy hub with an investment of about seventeen thousand crore rupees, and that once the work is finished even ultra-large container vessels will be able to reach it, helping…

Q3139.NationalEasy

In which city did the Prime Minister dedicate a new metro stretch and launch development projects on 11 October 2026?

  1. A.Coimbatore
  2. B.Chennai
  3. C.Madurai
  4. D.Tiruchirappalli
Show answer
Correct answer: B. Chennai

The Prime Minister addressed a public function in Chennai, where completed works were opened and foundation stones laid for new ones, the whole set valued at thirteen thousand crore rupees, and where a further stretch of the Chennai Metro was dedicated to the public.

Q3140.SportsMedium

The 5.5-km cycle rally in Varanasi started from Namo Ghat and ended at which place?

  1. A.Banaras Hindu University
  2. B.Sampurnanand Sanskrit University
  3. C.Dashashwamedh Ghat
  4. D.Sarnath
Show answer
Correct answer: B. Sampurnanand Sanskrit University

After addressing the gathering and administering the pledge against drug use, the Union Minister of Youth Affairs and Sports led the riders out of Namo Ghat and the rally finished at that university, covering a distance of roughly 5.5 km through the city.

GK Questions for sub-exams