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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

Q3484.Summits & ConferencesMedium

Which of the following is NOT one of the three pillars of the AI for Good Lab framework?

  1. A.AI Readiness and Policy
  2. B.AI Skills Development
  3. C.Public AI Infrastructure
  4. D.AI Export Promotion
Show answer
Correct answer: D. AI Export Promotion

The three interconnected pillars are AI Readiness and Policy, which assesses policy gaps and sets up practical governance frameworks; AI Skills Development, which scales national talent through capacity building and training; and Public AI Infrastructure, which creates standards-based, interoperable sandbox environments for testing, validating, scaling and reusing locally relevant solutions.

Q3485.Summits & ConferencesEasy

Which two bodies jointly organised the "AI for Good Lab Workshop: From Strategy to Impact" at India Mobile Congress 2026?

  1. A.MeitY and UNESCO
  2. B.Department of Telecommunications and the International Telecommunication Union
  3. C.TRAI and the World Bank
  4. D.NITI Aayog and the World Economic Forum
Show answer
Correct answer: B. Department of Telecommunications and the International Telecommunication Union

The workshop was organised jointly by the department, which sits in the Ministry of Communications, and the Union, and was inaugurated by Jyotiraditya M. Scindia at India Mobile Congress 2026 in New Delhi.

Q3486.Science & TechnologyEasy

At which event was the ITU Roundtable on combating fraudulent communications held?

  1. A.World Telecommunication Standardization Assembly
  2. B.India Mobile Congress 2026
  3. C.Digital India Summit
  4. D.Bharat Telecom Expo
Show answer
Correct answer: B. India Mobile Congress 2026

The roundtable on implementing standards of the International Telecommunication Union against fraudulent communications was held on the sidelines of that Congress, which Prime Minister Narendra Modi formally inaugurated on 8 October 2026 at Yashobhoomi in New Delhi.

Q3488.Science & TechnologyMedium

How much did Indians lose to organised telecom and cyber fraud in 2024, as stated by the minister?

  1. A.Over ₹5,000 crore
  2. B.Over ₹12,400 crore
  3. C.Over ₹22,800 crore
  4. D.Over ₹45,000 crore
Show answer
Correct answer: C. Over ₹22,800 crore

Dr Chandra Sekhar Pemmasani cited this figure for losses suffered by Indians in 2024 to organised, cross-border fraud, which includes impersonation, digital arrest scams, voice cloning generated by artificial intelligence and deepfakes.

Q3490.InternationalHard

Which Indian Member of Parliament took part in the panel discussion on artificial intelligence and the future of work at the 153rd IPU Assembly?

  1. A.Dr Lata Wankhede
  2. B.Dr Sasmit Patra
  3. C.Dr Anurag Singh Thakur
  4. D.Harivansh
Show answer
Correct answer: A. Dr Lata Wankhede

The correct answer is Dr Lata Wankhede, a Member of the Lok Sabha, who attended the meeting of the Standing Committee on Sustainable Development and joined the panel discussion on artificial intelligence and the future of work.

Q3493.InternationalEasy

Who was elected President of the Inter-Parliamentary Union at its 153rd Assembly?

  1. A.Harivansh, Deputy Chairman of the Rajya Sabha
  2. B.Milton Dick, Speaker of Australia’s House of Representatives
  3. C.Dr Anurag Singh Thakur, MP, Lok Sabha
  4. D.Dr Sasmit Patra, MP, Rajya Sabha
Show answer
Correct answer: B. Milton Dick, Speaker of Australia’s House of Representatives

He was declared elected President of the Inter-Parliamentary Union on 9 October 2026, the last day of the 153rd Assembly held in Arusha, United Republic of Tanzania.

Q3499.EconomyMedium

Which expenditure component is at present not compiled by any State or Union Territory, according to the release?

  1. A.Gross Fixed Capital Formation
  2. B.Government Final Consumption Expenditure
  3. C.Private Final Consumption Expenditure
  4. D.Net exports
Show answer
Correct answer: C. Private Final Consumption Expenditure

The release states plainly that while some States and Union Territories do put together estimates of Gross Fixed Capital Formation and Government Final Consumption Expenditure, no State or Union Territory is compiling PFCE at present.

Q3500.EconomyEasy

What is the base year used in the draft guideline for compiling Gross State Domestic Product estimates by the expenditure approach?

  1. A.2011-12
  2. B.2017-18
  3. C.2022-23
  4. D.2024-25
Show answer
Correct answer: C. 2022-23

The National Statistics Office has prepared the draft guideline for compiling Gross State Domestic Product estimates from the expenditure side with 2022-23 as the base year, and the whole framework is described as working under the revised base year arrangement.

GK Questions for sub-exams