Banking GK Questions 2026

Real Time Gross Settlement is designed for large-value transfers, each settled singly and immediately in the books of the Reserve Bank, and the minimum amount for a customer transaction is two lakh rupees with no upper ceiling.

MUDRA loans to non-farm micro enterprises are graded in three named categories: Shishu for loans up to fifty thousand rupees, Kishore for loans above fifty thousand and up to five lakh, and Tarun for loans above five lakh and up to ten lakh, with a higher slab added later for…

Payments banks were licensed on the recommendation of the Nachiket Mor Committee to widen access to deposits and payments, and the Reserve Bank's guidelines expressly bar them from lending and from issuing credit cards; their funds must go into government securities and deposits with other banks.

NPCI, set up in 2008 as the umbrella organisation for retail payments in the country, built and runs the Unified Payments Interface, along with RuPay, IMPS, the Aadhaar Enabled Payment System, the National Automated Clearing House and FASTag.

The Pradhan Mantri Jan Dhan Yojana was launched on 28 August 2014 as the national mission for financial inclusion, offering a zero-balance Basic Savings Bank Deposit Account, a RuPay debit card with accident insurance cover and an overdraft facility for accounts operated satisfactorily.

The acquirer is a company incorporated under the laws of France and is ultimately controlled by VINCI S.A. through VINCI Highways and VINCI Concessions.

JSW Projects Limited, an unlisted company of the JSW Group based in Mumbai, holds that share of the equity in BMM Ispat Limited at present, and the proposed combination is meant to convert this majority interest into full ownership by amalgamating BMM into JSW Steel Limited.

It is the statutory authority that examines proposed combinations, meaning mergers, amalgamations and acquisitions above the prescribed thresholds, to see whether they would cause an appreciable adverse effect on competition in India, and it cleared this internal restructuring of the JSW Group along with three other combinations the same day.

The directions ask convenors of State Level Bankers Committees and Union Territory Level Bankers Committees to share the Scheduled Caste beneficiary information with the Commission regularly and to send an action-taken report to the Department of Financial Services by that date, setting out how far the data is available and…

The Commission told the Department of Financial Services that the absence of Scheduled Caste beneficiary figures in bankers committee reports was hindering the constitutional mandate this clause gives it, namely to evaluate the progress of socio-economic development of the Scheduled Castes.

It is the department of the Finance Ministry that deals with banks, insurance and the financial inclusion schemes, and it is the body that issued the directions to convenors of State Level Bankers Committees and their Union Territory counterparts after the National Commission for Scheduled Castes raised the gap.

India and the United Kingdom reaffirmed their support for the G20 Roadmap for Enhancing Cross-Border Payments, and went on to discuss practical ways of cutting frictions, improving transparency and making cross-border payments more efficient in line with that roadmap.

The joint statement records that the two sides reflected on a strengthened relationship, particularly in the light of the launch of Vision 2035, and underlined the importance of driving the implementation of the UK-India Comprehensive Economic and Trade Agreement, which entered into force on 15 July 2026.

The fourth round of the India-UK Financial Markets Dialogue took place in London on 29 September 2026, and the joint statement adopted after it was put out on 7 October 2026.

Eight such rail movements, together with four hundred and sixty-seven trucks, were used to carry more than two lakh quintals of buffer onion to one hundred and twenty-three cities, and further rail rakes were being planned so that bigger quantities could reach markets with heavy consumption.

These were named as the major producing States from which fresh kharif onion had started reaching markets, while availability from stored stocks continued to meet demand in the meantime, and arrivals were expected to rise further in the following weeks.

The Ministry of Consumer Affairs, Food and Public Distribution said more than two lakh quintals of buffer onion had been disposed of so far, moved by eight Kanda Express rail consignments and four hundred and sixty-seven trucks, and that additional rail rakes were being planned so larger quantities could reach…

Notifying entertainment precincts under these rules was taken up as one of the next-generation reforms, along with a single national music licence carrying notified tariffs to replace overlapping demands from multiple rights societies, and relaxation of the caps on foreign remittances for payments to international artists.

The meeting reviewed how the single window clearances facility for the live event industry on this platform is being implemented, and States and Union Territories were asked to designate Nodal Officers, nominate authorised officers from departments, integrate departmental and local licensing systems with it, route the complete licence lifecycle through…

The Secretary in the Ministry of Information and Broadcasting gave this figure while addressing the fifth meeting of the Live Events Development Cell, adding that around thirty-four thousand events were held across the country and that the sector now supports more than one crore livelihoods.