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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

Q3244.Sports GKEasy

The boxing legend Muhammad Ali was born with which name?

  1. A.Cassius Clay
  2. B.Joe Frazier
  3. C.Sonny Liston
  4. D.Sugar Ray Robinson
Show answer
Correct answer: A. Cassius Clay

Born Cassius Marcellus Clay in Louisville in the United States, he won the light heavyweight gold medal at the 1960 Rome Olympics, took the world heavyweight title from Sonny Liston in 1964 and changed his name to Muhammad Ali soon afterwards.

Q3248.Computer AwarenessMedium

Digital signatures were given legal recognition in India by which of the following Acts?

  1. A.The Indian Telegraph Act, 1885
  2. B.The Information Technology Act, 2000
  3. C.The Companies Act, 2013
  4. D.The Indian Evidence Act, 1872
Show answer
Correct answer: B. The Information Technology Act, 2000

This Act gave electronic records and digital signatures the same legal standing as paper records and handwritten signatures, and its amendment of 2008 broadened the provision to electronic signatures generally.

Q3250.Computer AwarenessHard

In public key cryptography, to send a confidential message the sender encrypts it with:

  1. A.the sender's own private key
  2. B.the sender's own public key
  3. C.the receiver's public key
  4. D.the receiver's private key
Show answer
Correct answer: C. the receiver's public key

In a key pair, whatever one key locks only the other can unlock. So a message encrypted with the receiver's public key can be opened only by the receiver's private key, which nobody else holds; that is exactly what confidentiality requires.

Q3253.Computer AwarenessMedium

The RSA algorithm, published in 1977, is an example of which kind of cryptography?

  1. A.Symmetric key cryptography
  2. B.Public key cryptography
  3. C.Hashing
  4. D.Steganography
Show answer
Correct answer: B. Public key cryptography

RSA, named after Rivest, Shamir and Adleman, works with a linked pair of keys and takes its security from the difficulty of factorising the product of two large prime numbers; it is used both to exchange keys and to create digital signatures.

Q3255.Computer AwarenessEasy

What is the full form of SSL, the protocol whose successor secures websites today?

  1. A.Secure Socket Line
  2. B.Secure Sockets Layer
  3. C.System Security Layer
  4. D.Secure Server Link
Show answer
Correct answer: B. Secure Sockets Layer

SSL was developed by Netscape in the mid-1990s to encrypt the traffic between a web browser and a web server, and its successor, Transport Layer Security or TLS, standardised from 1999, is what actually protects websites now; the older name survives in common speech and in the phrase SSL certificate.

Q3257.Computer AwarenessAsked in: SSC CHSL · 01 Jul, 2024, Shift 4Easy

Symmetric encryption is also known as:

  1. A.public-key encryption
  2. B.asymmetric encryption
  3. C.conventional encryption
  4. D.hybrid encryption
Show answer
Correct answer: C. conventional encryption

Symmetric encryption uses one shared secret key for both locking and unlocking data, and because it is the older and simpler of the two families it is variously called conventional, secret key or private key encryption.

Q3258.Indian PolityHard

How many members does the Public Accounts Committee of Parliament have?

  1. A.15 members
  2. B.22 members
  3. C.30 members
  4. D.31 members
Show answer
Correct answer: B. 22 members

The Public Accounts Committee consists of twenty-two members, fifteen elected by the Lok Sabha and seven by the Rajya Sabha, all by proportional representation through the single transferable vote, and its chairman is appointed by the Speaker; by a convention followed since 1967 the chairman is from the opposition.

Q3260.Indian PolityMedium

The guillotine in Indian parliamentary practice refers to

  1. A.the Speaker putting all outstanding demands for grants to the vote on the last allotted day
  2. B.the President returning a bill for reconsideration
  3. C.the dissolution of the Lok Sabha before its term ends
  4. D.the suspension of a member for the rest of the session
Show answer
Correct answer: A. the Speaker putting all outstanding demands for grants to the vote on the last allotted day

The Speaker, in consultation with the Leader of the House, fixes the number of days available for the demands for grants, and on the last of those days all the demands still pending are put to the vote together, discussed or not.

GK Questions for sub-exams