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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

Q3681.EnvironmentMedium

Under which law are access and benefit sharing payments collected from users of biological resources?

  1. A.The Environment Protection Act, 1986
  2. B.The Wild Life Protection Act, 1972
  3. C.The Biological Diversity Act, 2002, as amended in 2023
  4. D.The Forest Conservation Act, 1980
Show answer
Correct answer: C. The Biological Diversity Act, 2002, as amended in 2023

The receipts of the National Biodiversity Authority come in under that Act read with the Access and Benefit Sharing Regulations, which require users of Indian biological resources to share benefits with the country and with the communities that conserve those resources.

Q3683.EnvironmentEasy

How much did the National Biodiversity Authority receive under the Access and Benefit Sharing framework during April to September 2026?

  1. A.Rs 5.68 crore
  2. B.Rs 9.68 crore
  3. C.Rs 19.68 crore
  4. D.Rs 96.80 crore
Show answer
Correct answer: B. Rs 9.68 crore

The National Biodiversity Authority received that amount from users of India biological resources in the half year from 1 April 2026 to 30 September 2026, under the Biological Diversity Act, 2002, as amended in 2023, read with the Access and Benefit Sharing Regulations.

Q3684.Science & TechnologyHard

At which event was the New Delhi Declaration on 6G principles endorsed?

  1. A.India Mobile Congress
  2. B.The International Bharat 6G Symposium held in 2025
  3. C.The World Telecommunication Standardization Assembly
  4. D.The Bharat 6G Symposium held in 2024
Show answer
Correct answer: B. The International Bharat 6G Symposium held in 2025

The joint report released at this year ceremony, titled Progress towards the 6G Principles of the New Delhi Declaration: Actions, Outcomes and Outlook, First Edition, October 2026, marks the completion of one year since the Declaration was endorsed at that symposium, and records the actions and outcomes reported by the…

Q3685.Science & TechnologyMedium

After the new agreements at the symposium, how many collaborations does the Bharat 6G Alliance have in all?

  1. A.Twelve
  2. B.Fifteen
  3. C.Seventeen
  4. D.Twenty-two
Show answer
Correct answer: C. Seventeen

Before the symposium the Bharat 6G Alliance already held ten global and two domestic collaborations, and at the inaugural ceremony it exchanged five more Memoranda of Understanding, with GSMA, the one6G Association, GTI Alliance Ltd, the 6G Industry Forum and VoICE.

Q3687.Science & TechnologyEasy

Which edition of the International Bharat 6G Symposium was inaugurated at Yashobhoomi, Dwarka, New Delhi?

  1. A.First
  2. B.Second
  3. C.Third
  4. D.Fifth
Show answer
Correct answer: C. Third

Union Minister for Communications and Development of North Eastern Region Jyotiraditya M. Scindia inaugurated the 3rd International Bharat 6G Symposium 2026, organised by the Bharat 6G Alliance at Yashobhoomi, Dwarka, in New Delhi, with sessions running from 7 to 9 October 2026.

Q3691.EconomyEasy

At what level have margins in the supply and sale of non-scheduled anti-cancer medicines been capped?

  1. A.10 per cent of the Maximum Retail Price
  2. B.20 per cent of the Maximum Retail Price
  3. C.30 per cent of the Maximum Retail Price
  4. D.50 per cent of the Maximum Retail Price
Show answer
Correct answer: C. 30 per cent of the Maximum Retail Price

The Government has approved a ceiling on the margins charged while non-scheduled anti-cancer medicines move through the supply chain to the patient, and that ceiling is fixed at 30 per cent of the MRP.

Q3692.EconomyHard

Under the e-way bill changes recommended by the 57th GST Council meeting, a goods vehicle can be intercepted only with the authorisation of an officer not below which rank?

  1. A.Inspector
  2. B.Superintendent
  3. C.Joint Commissioner
  4. D.Principal Chief Commissioner
Show answer
Correct answer: C. Joint Commissioner

The Council recommended changes to sections 68, 129 and 130 of the CGST Act so that a vehicle carrying goods may be stopped only when there is specific intelligence about it and an officer of at least this rank has cleared the action.

Q3695.EconomyEasy

The 57th GST Council meeting recommended raising the monetary threshold for launching prosecution under GST to which amount?

  1. A.Rs 1 crore
  2. B.Rs 2 crore
  3. C.Rs 5 crore
  4. D.Rs 10 crore
Show answer
Correct answer: C. Rs 5 crore

Among the decriminalisation measures taken at the 57th meeting of the GST Council, the money threshold at which a prosecution may be launched was lifted to five crore rupees, so that criminal proceedings are reserved for large cases of fraud and evasion rather than ordinary disputes over tax.

Q3696.Science & TechnologyHard

Which of these was NOT named by the minister as an initiative building capability in emerging scientific fields?

  1. A.Deep Ocean Mission
  2. B.Quantum Mission
  3. C.Anusandhan National Research Foundation
  4. D.National Supercomputing Mission
Show answer
Correct answer: D. National Supercomputing Mission

The initiatives he cited as creating capability in emerging fields were the Deep Ocean Mission, the Quantum Mission, artificial intelligence, cyber security and the Anusandhan National Research Foundation, so options A, B and C all appear on that list.

Q3697.Science & TechnologyMedium

What is India's target for nuclear energy capacity, as mentioned by the minister?

  1. A.50 GW by 2040
  2. B.75 GW by 2035
  3. C.100 GW by 2047
  4. D.200 GW by 2050
Show answer
Correct answer: C. 100 GW by 2047

The minister referred to this target together with the opening of the nuclear sector to private participation, and described nuclear power as an important clean-energy source for future requirements, among them the demand created by artificial intelligence and data centres.

Q3698.Science & TechnologyMedium

According to Dr Jitendra Singh, what is the present size of India's space economy?

  1. A.About USD 2 billion
  2. B.About USD 9 billion
  3. C.About USD 24 billion
  4. D.About USD 45 billion
Show answer
Correct answer: B. About USD 9 billion

The minister described this as the current size of the space economy and said it could reach USD 45 to 46 billion over the next 8 to 10 years if the present momentum continues, crediting the expansion to the opening of the sector and the entry of a wider set…

GK Questions for sub-exams