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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

Q3521.NationalMedium

CTIL, which marked its ninth anniversary in New Delhi, is housed at which institution?

  1. A.Indian Institute of Foreign Trade
  2. B.Indian Council for Research on International Economic Relations
  3. C.National Law University, Delhi
  4. D.Indian Institute of Public Administration
Show answer
Correct answer: A. Indian Institute of Foreign Trade

The Centre for Trade and Investment Law is housed there, and its Head, Prof. James J. Nedumpara, also holds the WTO India Chair.

Q3522.Government SchemesHard

Where are the two modernised and operational Central Sliver Plants of KVIC located?

  1. A.Chittadurga in Karnataka and Kuttur in Kerala
  2. B.Ponduru in Andhra Pradesh and Agra in Uttar Pradesh
  3. C.Nagpur in Maharashtra and Bhavnagar in Gujarat
  4. D.Erode in Tamil Nadu and Guntur in Andhra Pradesh
Show answer
Correct answer: A. Chittadurga in Karnataka and Kuttur in Kerala

The ministry said the Central Sliver Plants of the Khadi and Village Industries Commission are being modernised and that these two have completed the work and become operational, with the Chittadurga plant meeting half of its energy requirement from solar power while wind power is under study.

Q3523.Government SchemesEasy

According to the MSME Ministry, roughly what share of Khadi artisans are women?

  1. A.About 40 per cent
  2. B.About 55 per cent
  3. C.About 65 per cent
  4. D.About 80 per cent
Show answer
Correct answer: D. About 80 per cent

The ministry said that women make up roughly four fifths of the approximately half a million Khadi artisans, and that their participation has been especially strong in agarbatti, handmade paper, the Honey Mission and the service industries, giving them a route to financial independence.

Q3527.InternationalEasy

Where was the 15th meeting of the AITIGA Joint Committee held?

  1. A.ASEAN Secretariat, Jakarta, Indonesia
  2. B.Bharat Mandapam, New Delhi
  3. C.Putrajaya, Malaysia
  4. D.Bangkok, Thailand
Show answer
Correct answer: A. ASEAN Secretariat, Jakarta, Indonesia

ASEAN hosted the 15th Joint Committee of the ASEAN-India Trade in Goods Agreement there from 6 to 9 October 2026, along with meetings of sub-committees, and the round was conducted in hybrid format.

Q3528.EconomyMedium

The daily drawdown of coal stocks at power plants fell from 0.243 MT a day in September to which level in October 2026?

  1. A.0.198 MT a day
  2. B.0.116 MT a day
  3. C.0.085 MT a day
  4. D.0.150 MT a day
Show answer
Correct answer: B. 0.116 MT a day

The Ministry of Coal reported that the rate at which coal stocks at power stations were being drawn down slowed sharply, with the daily drawdown dropping by more than half from 0.243 MT a day in September to 0.116 MT a day in October.

Q3529.EconomyMedium

Which rake-loading target was achieved on three consecutive days in October 2026, according to the Ministry of Coal?

  1. A.420 rakes a day
  2. B.450 rakes a day
  3. C.470 rakes a day
  4. D.510 rakes a day
Show answer
Correct answer: C. 470 rakes a day

Rail loading of coal has averaged more than 465 rakes a day during October, and the ministry noted that the 470-rake target was met on three days running, which it treated as a sign that logistics had strengthened alongside production.

Q3531.EconomyHard

Which two Singaporean institutional investors are named as holding significant investments across the Indian economy?

  1. A.GIC and Temasek
  2. B.Temasek and Mubadala
  3. C.GIC and Khazanah Nasional
  4. D.NIIF and GIFT City
Show answer
Correct answer: A. GIC and Temasek

GIC, the Government of Singapore Investment Corporation, and Temasek Holdings are the two Singaporean institutional investors named as having significant investments spread across the Indian economy, and the Union Finance Minister is to hold separate meetings with the chief executives of both.

Q3533.EconomyMedium

What is the approximate cumulative foreign direct investment from Singapore into India between April 2000 and March 2026?

  1. A.USD 94.68 billion
  2. B.USD 144.68 billion
  3. C.USD 194.68 billion
  4. D.USD 234.68 billion
Show answer
Correct answer: C. USD 194.68 billion

That is the cumulative figure for foreign direct investment flowing from Singapore into India over the period from April 2000 to March 2026, and it is the number behind the description of Singapore as India’s single largest source of such investment.

Q3535.Banking & Financial AwarenessHard

Peer-to-peer lending platforms in India are registered with the Reserve Bank of India under which category?

  1. A.NBFC-P2P
  2. B.NBFC-AA
  3. C.Payments Bank
  4. D.Small Finance Bank
Show answer
Correct answer: A. NBFC-P2P

A peer-to-peer lending platform, which matches individual lenders with individual borrowers, must be registered as a Non-Banking Financial Company — Peer to Peer Lending Platform under master directions the Reserve Bank issued in 2017; it acts only as an intermediary and may not lend on its own book or give…

Q3536.Banking & Financial AwarenessHard

The Reserve Bank Innovation Hub, set up in 2020 as a wholly owned subsidiary of the Reserve Bank of India, is located at

  1. A.Mumbai
  2. B.Bengaluru
  3. C.Hyderabad
  4. D.New Delhi
Show answer
Correct answer: B. Bengaluru

The Reserve Bank Innovation Hub was set up in 2020 at Bengaluru as a wholly owned subsidiary of the Reserve Bank to build products that deepen financial inclusion, and the Unified Lending Interface, a common platform through which lenders can draw authenticated data for credit appraisal, grew out of its…

Q3537.Banking & Financial AwarenessEasy

Which body operates the Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems in India?

  1. A.National Payments Corporation of India
  2. B.Reserve Bank of India
  3. C.Securities and Exchange Board of India
  4. D.Indian Banks’ Association
Show answer
Correct answer: B. Reserve Bank of India

RTGS, which settles large-value transactions one by one in real time, and NEFT, which settles in batches, are both owned and operated by the Reserve Bank, and both have been available round the clock on all days.

Q3538.Banking & Financial AwarenessHard

Under the Reserve Bank’s Guidelines on Digital Lending, 2022, the disbursal and repayment of a loan must take place

  1. A.Through a pass-through account of the lending service provider
  2. B.Directly between the borrower’s bank account and the regulated entity’s account
  3. C.Through a wallet maintained by the digital lending app
  4. D.Only in cash at a branch of the lender
Show answer
Correct answer: B. Directly between the borrower’s bank account and the regulated entity’s account

The guidelines issued in September 2022 require that all loan money move directly between the borrower’s bank account and the bank account of the regulated entity, that is the bank or non-banking finance company doing the lending, without any pool or pass-through account of a third party in between.

Q3539.Banking & Financial AwarenessMedium

e-RUPI, launched in 2021, is best described as

  1. A.A cryptocurrency approved by the Reserve Bank of India
  2. B.A prepaid, person-specific and purpose-specific electronic voucher
  3. C.A new denomination of the Digital Rupee
  4. D.A credit card product of the National Payments Corporation of India
Show answer
Correct answer: B. A prepaid, person-specific and purpose-specific electronic voucher

e-RUPI is a prepaid electronic voucher, delivered to the beneficiary as an SMS string or a QR code, which can be redeemed only by the named person and only for the named purpose, for example a vaccination or a diagnostic test.

Q3540.Banking & Financial AwarenessMedium

Which of the following statements about the retail Digital Rupee, e₹-R, is NOT correct?

  1. A.It is token-based and held in a digital wallet
  2. B.It is issued in the same denominations as existing coins and notes
  3. C.It earns interest like a savings bank deposit
  4. D.It is distributed to the public through participating banks
Show answer
Correct answer: C. It earns interest like a savings bank deposit

The retail digital rupee earns no interest, and this is a deliberate design decision: an interest-bearing CBDC would pull money out of bank deposits and shrink the funds banks have to lend, so the Reserve Bank kept it non-interest bearing like cash.

GK Questions for sub-exams