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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

Q4221.Indian States & UTsMedium

Silent Valley National Park, saved from a hydroelectric project after a public campaign, lies in which district of Kerala?

  1. A.Palakkad
  2. B.Wayanad
  3. C.Idukki
  4. D.Kollam
Show answer
Correct answer: A. Palakkad

Silent Valley lies in the Palakkad district on the Kunthipuzha river, a tributary of the Bharathappuzha, and the dam proposed on that river was given up after one of the best known conservation campaigns in India, after which the valley was made a national park.

Q4222.Indian States & UTsHard

Anamudi, the highest peak of India south of the Himalaya, is located in which national park?

  1. A.Silent Valley National Park
  2. B.Eravikulam National Park
  3. C.Periyar National Park
  4. D.Bandipur National Park
Show answer
Correct answer: B. Eravikulam National Park

Anamudi, about 2,695 metres high, stands in Eravikulam National Park in the Idukki district of Kerala, and the same park holds the largest surviving population of the Nilgiri tahr, the mountain goat of the Western Ghats.

Q4223.Indian States & UTsMedium

Vembanad, the lake crossed at Alappuzha, holds which distinction?

  1. A.It is the longest lake in India
  2. B.It is the highest lake in India
  3. C.It is the largest saltwater lake in India
  4. D.It is the deepest lake in India
Show answer
Correct answer: A. It is the longest lake in India

Vembanad is the greatest of the Kerala backwaters, a brackish lagoon that runs behind the coast for a long stretch and is crossed at Alappuzha, the town called the Venice of the East, where the Nehru Trophy Boat Race is rowed on its Punnamada part.

Q4224.Indian States & UTsMedium

Which is the longest river of Kerala?

  1. A.Bharathappuzha
  2. B.Pamba
  3. C.Periyar
  4. D.Chaliyar
Show answer
Correct answer: C. Periyar

The Periyar rises in the Western Ghats and flows west to the Arabian Sea, and it carries both the Idukki arch dam and the Mullaperiyar dam, the second of which is worked by Tamil Nadu under an old lease.

Q4225.Indian States & UTsMedium

Who was the first Chief Minister of Kerala?

  1. A.C. Achutha Menon
  2. B.E. M. S. Namboodiripad
  3. C.K. Karunakaran
  4. D.Pattom Thanu Pillai
Show answer
Correct answer: B. E. M. S. Namboodiripad

He became the first Chief Minister of Kerala in 1957, after the first assembly election held in the new state, and his ministry is remembered for its land reform and education bills.

Q4226.Indian States & UTsEasy

The state of Kerala was formed on which date?

  1. A.1 November 1956
  2. B.1 May 1960
  3. C.1 November 1966
  4. D.15 August 1947
Show answer
Correct answer: A. 1 November 1956

Kerala came into being on that day under the States Reorganisation Act, which joined Travancore and Cochin with the Malabar district of the Madras State and the Kasaragod taluk of South Canara, so that the Malayalam speaking areas formed one state.

Q4227.Banking & Financial AwarenessEasy

The International Monetary Fund and the World Bank, born of the Bretton Woods conference, both have their headquarters in which city?

  1. A.New York
  2. B.Washington DC
  3. C.London
  4. D.Paris
Show answer
Correct answer: B. Washington DC

Both institutions were planned at the Bretton Woods conference of 1944 in the United States and both work from Washington DC, which is why they are called the Bretton Woods twins; the IMF looks after exchange stability and balance of payments while the World Bank lends for development.

Q4228.Banking & Financial AwarenessHard

The Contingent Reserve Arrangement of the BRICS countries is a pool of what size?

  1. A.50 billion US dollars
  2. B.75 billion US dollars
  3. C.100 billion US dollars
  4. D.200 billion US dollars
Show answer
Correct answer: C. 100 billion US dollars

The Contingent Reserve Arrangement was agreed at the Fortaleza summit of 2014 as a pool of 100 billion dollars on which a member facing short term pressure on its balance of payments may draw, so that it works for the BRICS group somewhat as the International Monetary Fund does for…

Q4229.Banking & Financial AwarenessMedium

Who was the first president of the New Development Bank?

  1. A.Jin Liqun
  2. B.K. V. Kamath
  3. C.Raghuram Rajan
  4. D.Montek Singh Ahluwalia
Show answer
Correct answer: B. K. V. Kamath

The first presidency of the New Development Bank went to India, and K. V. Kamath, formerly of ICICI Bank, took charge when the bank began work in 2015, the presidency afterwards rotating among the member countries.

Q4230.Banking & Financial AwarenessHard

At which BRICS summit was the decision to create the New Development Bank taken?

  1. A.The Durban summit in South Africa
  2. B.The Fortaleza summit in Brazil
  3. C.The Ufa summit in Russia
  4. D.The Goa summit in India
Show answer
Correct answer: B. The Fortaleza summit in Brazil

The sixth BRICS summit was held at Fortaleza in July 2014, and the agreement establishing the New Development Bank was signed there, along with the treaty for the Contingent Reserve Arrangement.

Q4236.Banking & Financial AwarenessMedium

The Basel norms on bank capital are framed by which body?

  1. A.The International Monetary Fund
  2. B.The Financial Action Task Force
  3. C.The Basel Committee on Banking Supervision
  4. D.The World Trade Organization
Show answer
Correct answer: C. The Basel Committee on Banking Supervision

The committee was created in 1974 by the central bank governors of the Group of Ten countries, sits at the Bank for International Settlements in Basel, and drafts the standards that national regulators then adopt for their own banks.

Q4240.Art & CultureMedium

National Handloom Day is observed every year on which date?

  1. A.7 August
  2. B.15 July
  3. C.2 October
  4. D.26 November
Show answer
Correct answer: A. 7 August

The date was chosen because the Swadeshi Movement was launched at the Calcutta Town Hall on 7 August 1905, calling on Indians to use cloth made in their own country, and the first National Handloom Day was observed at Chennai in 2015 to honour handloom weavers.

GK Questions for sub-exams