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Banking GK Questions 2026

Banking GK questions with answers and explanations.

Banking GK Questions with Answers

Q21.EconomyEasy

Asia's first Telecom Manufacturing Zone (TMZ), whose site was inspected by the Union Communications Minister in September 2026, is being set up in which city?

  1. A.Indore
  2. B.Gwalior
  3. C.Noida
  4. D.Bhopal
Show answer

Correct answer: B. Gwalior

Explanation

The correct answer is Gwalior. The Ministry of Communications said Asia's first Telecom Manufacturing Zone will be established in Gwalior, and Minister Jyotiraditya Scindia inspected the identified site at the Shrimant Madhavrao Scindia Counter Magnet City (SADA) on 20 September 2026. The zone is expected to attract about ₹5,500 crore of investment and to create more than 18,000 jobs.

Indore and Bhopal are also cities in Madhya Pradesh, which makes them tempting choices, but the release places the TMZ in Gwalior, so options A and D are wrong. Noida is not mentioned at all, so option C is wrong too. Remember the link with SADA: it was set up as a Counter Magnet City to develop Gwalior as a new industrial centre and a counter-magnet to Delhi, and the TMZ takes that plan forward.

Q22.EconomyEasy

Which state holds the leading position in India's total silk production, according to Union Minister of State Shobha Karandlaje?

  1. A.Karnataka
  2. B.Assam
  3. C.West Bengal
  4. D.Tamil Nadu
Show answer

Correct answer: A. Karnataka

Explanation

The correct answer is Karnataka. Speaking at the Central Silk Board's 77th Foundation Day in Bengaluru, Shobha Karandlaje said Karnataka occupies the leading position in the country's total silk production. She added that the government is giving special attention to infrastructure and industrial growth to strengthen the sector further, and is encouraging silk of global export quality to cut reliance on imports.

Assam and West Bengal are not named in the release, so options B and C are wrong. Tamil Nadu is mentioned, but only as one of the states whose silk farmers and weavers attended the event, along with Karnataka, Andhra Pradesh and Telangana, not as the leading producer, so option D is also wrong. A question on the leading state is a common static-GK pairing with news on silk, so link Karnataka to it.

Q23.EconomyEasy

The 77th Foundation Day of which body was held in Bengaluru on 20 September 2026?

  1. A.Coir Board
  2. B.Central Silk Board
  3. C.Tea Board
  4. D.Khadi and Village Industries Commission
Show answer

Correct answer: B. Central Silk Board

Explanation

The correct answer is Central Silk Board. Textiles Minister Giriraj Singh and Minister of State Shobha Karandlaje inaugurated the 77th Foundation Day programme of the Central Silk Board, together with an exhibition of silk products and technologies, at the UAS-GKVK auditorium in Bengaluru on 20 September 2026. During the event the Board exchanged MoUs, gave appointment letters to 28 scientists and released its publications.

The Coir Board, the Tea Board and the Khadi and Village Industries Commission are other bodies connected with traditional industries and crops, but the release concerns none of them, so options A, C and D are wrong. When a foundation day is in the news, the questions usually ask for the body, the anniversary number and the city, so remember all three here: Central Silk Board, 77th, Bengaluru.

Q24.EconomyMedium

By which year has the Government of India resolved to make India the world's No. 1 producer of silk?

  1. A.2026-27
  2. B.2028-29
  3. C.2030-31
  4. D.2035-36
Show answer

Correct answer: B. 2028-29

Explanation

The correct answer is 2028-29. Textiles Minister Giriraj Singh said a resolve has been made to take India to the No. 1 rank in global silk production by 2028-29. He said the effort rests on raising mulberry leaf yields and the number of cocoon-rearing cycles, with the aim of lifting farmers' annual incomes to ₹10 lakh to ₹12 lakh.

Option C, 2030-31, is the year attached to a different goal: producing 60,000 metric tonnes of silk. Options A and D, 2026-27 and 2035-36, are not mentioned in the release. The two targets are easy to mix up because they were announced together, so keep them apart: world No. 1 by 2028-29, and 60,000 metric tonnes by 2030-31. The minister added that demand for Indian silk is rising abroad as China's production declines.

Q25.EconomyMedium

According to Union Textiles Minister Giriraj Singh, India's silk production, which stood at 26,000 metric tonnes in 2014, has now reached how much?

  1. A.32,000 metric tonnes
  2. B.38,000 metric tonnes
  3. C.42,000 metric tonnes
  4. D.60,000 metric tonnes
Show answer

Correct answer: C. 42,000 metric tonnes

Explanation

The correct answer is 42,000 metric tonnes. Speaking at the Central Silk Board's 77th Foundation Day in Bengaluru on 20 September 2026, the minister said India's silk production had grown from 26,000 metric tonnes in 2014 to 42,000 metric tonnes today. He linked that growth to the government's commitment to expanding sericulture and raising silk farmers' incomes.

Option D, 60,000 metric tonnes, is the trap: it is not today's output but the target the government has set for 2030-31. Options A and B, 32,000 and 38,000 metric tonnes, do not appear in the release at all. Questions like this often place the current figure next to the target, so memorise the series in order: 26,000 tonnes in 2014, 42,000 tonnes now, 60,000 tonnes by 2030-31, and the world No. 1 position by 2028-29.

Q26.SportsMedium

During the Asian Games 2026, Sports Minister Mansukh Mandaviya led the 91st edition of which Fit India event with the Indian diaspora in Nagoya?

  1. A.Fit India Freedom Run
  2. B.Sundays on Cycle
  3. C.Khelo India Youth Games
  4. D.Fit India Plogging Run
Show answer

Correct answer: B. Sundays on Cycle

Explanation

The correct answer is Sundays on Cycle. The Ministry of Youth Affairs and Sports said Dr Mansukh Mandaviya led the 91st edition of Sundays on Cycle at Meijō Park in Nagoya, Japan, on 20 September 2026, bringing the Indian diaspora together to cheer for the Indian contingent at the Asian Games. The ride is organised by the ministry with the Cycling Federation of India, the Raahgiri Foundation and MY Bharat, and more than 6000 NAMO Fit India clubs hold it every week across the country.

The Fit India Freedom Run and the Fit India Plogging Run are different fitness campaigns, and the Khelo India Youth Games is a sports competition rather than a weekly ride, so none of them matches the event described in the release. Options A, C and D are therefore wrong. Note the edition number too, the 91st, since questions sometimes ask for it.

Q27.SportsEasy

The Asian Games 2026, where Indian women shooters won two silver medals in the 10m air rifle on 20 September, are being held in which city?

  1. A.Hangzhou
  2. B.Nagoya
  3. C.Jakarta
  4. D.Incheon
Show answer

Correct answer: B. Nagoya

Explanation

The correct answer is Nagoya. Sports Minister Mansukh Mandaviya, speaking in the city on 20 September 2026, said the Asian Games had begun in Nagoya, Japan, and that India had a contingent of more than 500 young athletes there. On the same day he led the 91st edition of the Fit India Sundays on Cycle ride at Meijō Park in Nagoya with members of the Indian diaspora.

Hangzhou, Jakarta and Incheon are all Asian cities, which is why they appear as distractors, but none of them is the venue named for the 2026 Games; the ministry's release places the Games in Nagoya, Japan. Host cities of major sporting events are a regular one-liner in general awareness papers, so learn the host city together with the host country, and note the size of India's contingent as well.

Q28.SportsMedium

According to the Prime Minister, Elavenil Valarivan's silver in the women's 10m air rifle individual event at the Asian Games 2026 was her ______ medal of the day.

  1. A.first
  2. B.second
  3. C.third
  4. D.fourth
Show answer

Correct answer: B. second

Explanation

The correct answer is second. In his message on X, the Prime Minister congratulated Elavenil Valarivan on the silver in the women's 10m air rifle individual event and noted that it was her second medal of the day, which made it even more special. Her first medal that day was the silver she won in the women's 10m air rifle together with Sonam Uttam Maskar and Vidarsa K Vinod.

Option A is wrong because the team medal came first, so the individual silver could not be her first. Options C and D are wrong because the releases of 20 September mention only two medals for her that day, the team silver and the individual silver. Examiners like to turn a detail such as this into a question, so remember the full picture: two silvers, one team and one individual, both in the women's 10m air rifle.

Q29.SportsEasy

Sonam Uttam Maskar, Elavenil Valarivan and Vidarsa K Vinod won a silver medal at the Asian Games 2026 in which event?

  1. A.Women's 10m Air Pistol
  2. B.Women's 10m Air Rifle
  3. C.Women's 25m Pistol
  4. D.Women's Trap
Show answer

Correct answer: B. Women's 10m Air Rifle

Explanation

The correct answer is Women's 10m Air Rifle. On 20 September 2026, Prime Minister Narendra Modi congratulated Sonam Uttam Maskar, Elavenil Valarivan and Vidarsa K Vinod on winning the silver medal in the women's 10m air rifle event at the Asian Games 2026, and credited the result to hard work and teamwork. Later the same day Elavenil added an individual silver in the same discipline.

The other three options are genuine shooting events, which is what makes them look plausible, but none of them is the event named in the Prime Minister's message. The women's 10m air pistol, the 25m pistol and trap are separate events, and the releases of that day record no Indian medal in them. Remember the pattern of 20 September instead: both medals mentioned came in the women's 10m air rifle, first in the team event and then individually.

Q30.Awards & HonoursMedium

Who was the first recipient of the Dadasaheb Phalke Award, which was instituted in 1969?

  1. A.Devika Rani
  2. B.Nargis
  3. C.Uttam Kumar
  4. D.Waheeda Rehman
Show answer

Correct answer: A. Devika Rani

Explanation

The correct answer is Devika Rani. The PIB backgrounder records that the Dadasaheb Phalke Award was instituted in 1969 and first presented to Devika Rani. The award commemorates Dadasaheb Phalke, who directed Raja Harishchandra in 1913, India's first full-length feature film, and who is honoured as the Father of Indian Cinema.

Nargis and Uttam Kumar also hold a place in the history of the National Film Awards, but for a different first: in 1968 they received the first Best Actress and Best Actor awards, which were then called Urvashi and Bharat. Waheeda Rehman did receive the Phalke award, but for the year 2021, so she was not its first recipient. That rules out options B, C and D. Questions on this award often ask for the first recipient and the year of institution together, so remember both: Devika Rani, 1969.

Q31.Awards & HonoursEasy

The 72nd National Film Awards are to be presented on 22 September 2026 at Ekta Nagar. In which state is Ekta Nagar located?

  1. A.Maharashtra
  2. B.Rajasthan
  3. C.Gujarat
  4. D.Madhya Pradesh
Show answer

Correct answer: C. Gujarat

Explanation

The correct answer is Gujarat. According to PIB, the President of India will present the 72nd National Film Awards on 22 September 2026 at Ekta Nagar in Gujarat, a town formerly known as Kevadia. The Ministry of Information and Broadcasting has decided to hold future editions in different States and cities rather than only in the National Capital, and the Ekta Nagar ceremony is part of that policy.

Maharashtra, Rajasthan and Madhya Pradesh are not the venue of this ceremony, so options A, B and D are incorrect. The ministry has linked the event to the spirit of Ek Bharat, Shreshtha Bharat, since it brings film talent from across the country to one stage. Expect the venue, its former name Kevadia and the date to be asked together, so learn them as a set along with the edition number, the 72nd.

Q32.Awards & HonoursEasy

Who will receive the Dadasaheb Phalke Award for the year 2024?

  1. A.Mohanlal
  2. B.Mithun Chakraborty
  3. C.Anant Nag
  4. D.Waheeda Rehman
Show answer

Correct answer: C. Anant Nag

Explanation

The correct answer is Anant Nag. The Government of India announced on 16 September 2026 that the Dadasaheb Phalke Award for 2024 will be conferred on Anant Nag, a veteran of Kannada cinema. Born in Karnataka on 4 September 1948, he began his career in the Kannada film Sankalp, made his Hindi debut in Ankur and has acted in more than 300 films across six languages.

The other three names are recent recipients of the same award, but for earlier years. Mohanlal received it for 2023, Mithun Chakraborty for 2022 and Waheeda Rehman for 2021, so none of them is the answer for 2024. Questions on this award tend to pair the recipient with the award year, so it helps to memorise the last four winners in order. The award itself, the highest honour in Indian cinema, was instituted in 1969.

Q33.Awards & HonoursEasy

Which film won the Best Feature Film award at the 72nd National Film Awards?

  1. A.Amaran
  2. B.Article 370
  3. C.Kalki 2898 AD
  4. D.Chandu Champion
Show answer

Correct answer: B. Article 370

Explanation

The correct answer is Article 370. The PIB backgrounder on the 72nd National Film Awards lists the Hindi film Article 370, directed by Aditya Suhas Jambhale, as the Best Feature Film. The same film brought Yami Gautam the award for Best Actress in a Leading Role, and Shashwat Sachdev won Best Music Direction for its songs.

Each of the other three films also won, but in a different category, which is exactly why they make tempting distractors. Amaran, a Tamil film, earned Rajkumar Periasamy the award for Best Direction. Kalki 2898 AD, in Telugu, was named Best Popular Film Providing Wholesome Entertainment. Chandu Champion won Kartik Aaryan a share of the Best Actor award, which he holds jointly with Mammootty. When you revise an awards list, attach every film to its category, because examiners like to use the other winners of the same year as the wrong options.

Q34.EconomyMedium

For which financial year did the NLMC board approve the Annual Financial Statements and Directors' Report?

  1. A.2023-24
  2. B.2024-25
  3. C.2025-26
  4. D.2026-27
Show answer

Correct answer: C. 2025-26

Explanation

The answer is 2025-26. Alongside the monetisation proposals, the twenty-first board meeting cleared the Annual Financial Statements and the Directors' Report for that financial year. These are routine items of corporate business, but they are exactly the kind of specific that a question will pick out precisely because candidates skim past them.

Option D is the strongest distractor, since the meeting itself took place during that year rather than after it, and accounts are approved for a year that has closed rather than one still running. Hold the three specifics from this meeting together and the whole item is covered: the twenty-first board meeting, assets worth over Rs 5,000 crore recommended, and accounts approved for 2025-26.

A small habit helps with items like this: when a release names a financial year, note whether it has closed or is still running, because that alone usually settles the question.

Q35.EconomyMedium

Whose surplus assets does the National Land Monetization Corporation help monetise?

  1. A.State government departments only
  2. B.Private companies in financial distress
  3. C.Central Public Sector Enterprises and other government entities
  4. D.Municipal corporations and urban local bodies
Show answer

Correct answer: C. Central Public Sector Enterprises and other government entities

Explanation

The answer is Central Public Sector Enterprises and other government entities. NLMC does not simply buy and sell. It works alongside whichever body owns the property, identifying which assets are suitable, carrying out due diligence, arranging a valuation and then structuring the process, with transparency, efficiency and value realisation as its stated priorities.

The other options describe owners the release does not mention. Option B in particular points in the wrong direction entirely, since this is public property being put to use, not a rescue of private firms. The purpose behind the whole exercise is worth remembering alongside the answer: unlocking the value of assets that sit underused on government books, which is why the corporation exists at all.

One more point of wording: monetisation is not always a sale. Depending on the structure, the state may lease an asset or take in a partner while keeping the title, so ownership does not necessarily change hands.

Q36.EconomyMedium

What was the value of the monetisation proposals recommended at NLMC's 21st board meeting?

  1. A.Over Rs 1,000 crore
  2. B.Over Rs 5,000 crore
  3. C.Over Rs 10,000 crore
  4. D.Over Rs 50,000 crore
Show answer

Correct answer: B. Over Rs 5,000 crore

Explanation

The answer is over Rs 5,000 crore. At its twenty-first board meeting, held on 18 September 2026, the National Land Monetization Corporation considered and recommended proposals covering assets of that value. What those assets are matters as much as the figure: surplus land and buildings, identified because they no longer serve the purpose they were acquired for.

The remaining options are round figures of the kind that make plausible distractors in a question about money, but none of them appears in the announcement. Two details are worth carrying with the figure, since a question may ask for either instead: it was the twenty-first meeting of the board, and the same sitting approved the Annual Financial Statements and Directors' Report for 2025-26.

Q37.Government SchemesHard

What is the sanctioned training target for the fourteen States and UTs reviewed in the first phase?

  1. A.34,920 rural youth by December 2026
  2. B.1,164 rural youth by December 2027
  3. C.3,57,112 rural youth by 31 December 2027
  4. D.5.6 lakh rural youth, with no deadline stated
Show answer

Correct answer: C. 3,57,112 rural youth by 31 December 2027

Explanation

The answer is 3,57,112 rural youth by 31 December 2027. This is the sanctioned target for the fourteen States and Union Territories reviewed in the first phase, and it sits well above what actually starts in October 2026, which is 34,920 young people in 1,164 batches. The gap between the two figures is the point of the review: the Ministry is pressing States to move faster so the target is reached in time.

Each wrong option pairs a real figure with the wrong deadline or the wrong scope. The 5.6 lakh in option D belongs to the national allocation across more than 1,200 projects by 24 States and Union Territories, not to these fourteen. Targets for the second phase run over the two-year period 2026-28 and cover all 31 participating States and Union Territories.

Q38.Government SchemesMedium

Which ministry implements the Deen Dayal Upadhyaya Grameen Kaushalya Yojana?

  1. A.Ministry of Skill Development and Entrepreneurship
  2. B.Ministry of Rural Development
  3. C.Ministry of Labour and Employment
  4. D.Ministry of Education
Show answer

Correct answer: B. Ministry of Rural Development

Explanation

The answer is the Ministry of Rural Development, which is reviewing State readiness and rolling out the second phase of the scheme. The placement of DDU-GKY under Rural Development rather than under Skill Development is the point worth fixing in memory, because the name contains the word Kaushalya and the obvious guess is therefore wrong.

The clue is in the rest of the name: Grameen. The scheme is aimed at poor rural youth specifically, which is what puts it in the rural development portfolio. It is a Centrally Sponsored Scheme, its training is tied to placement rather than ending at a certificate, and courses run from three months up to twelve. The other ministries listed all work on employment or training in some form, which is exactly what makes them effective distractors.

Q39.Government SchemesMedium

How many rural youth will begin training in the first round of DDU-GKY 2.0 in October 2026?

  1. A.34,920
  2. B.3,57,112
  3. C.1,164
  4. D.5.6 lakh
Show answer

Correct answer: A. 34,920

Explanation

The answer is 34,920. Four figures travel together in this item and the question turns on keeping them apart. 34,920 is the number of rural young people starting training in October 2026; 1,164 is the number of batches they are divided into; 3,57,112 is the far larger sanctioned target for the same fourteen States and Union Territories, to be met by 31 December 2027; and 5.6 lakh is the total already allocated across more than 1,200 projects by 24 States and Union Territories.

So option C is the batch count, option B is the sanctioned target and option D is the wider allocation, each a real figure from the announcement but an answer to a different question. A useful ordering is smallest to largest: batches, then the October intake, then the sanctioned target, then the national allocation.

GK Questions for sub-exams