Banking GK Questions 2026

The Basic Savings Bank Deposit Account, introduced by the Reserve Bank in 2012 in place of the earlier no-frills account, carries no minimum balance requirement whatsoever, and that is its defining feature.

A Jan Dhan account carries an overdraft facility of up to ten thousand rupees, which lets the holder draw a small amount beyond the balance in the account and is in effect an unsecured consumption loan from the bank.

Stand Up India, launched on 5 April 2016, asks every bank branch to finance at least one Scheduled Caste or Scheduled Tribe borrower and at least one woman borrower with a loan between ten lakh rupees and one crore rupees for a greenfield enterprise, that is a first-time venture by…

MUDRA loans are classified purely by size, and Kishore is the middle rung meant for an enterprise that is already working and needs working capital or a modest expansion.

The Atal Pension Yojana is administered by the PFRDA through the architecture of the National Pension System, and it guarantees a monthly pension of one thousand to five thousand rupees from the age of sixty to subscribers who join between the ages of eighteen and forty.

PMSBY is a one-year renewable personal accident insurance scheme open to savings bank account holders aged eighteen to seventy who consent to the auto-debit of the twenty rupee annual premium.

PMJJBY gives a one-year renewable life cover of two lakh rupees payable on death from any cause, and its premium is four hundred and thirty-six rupees a year, auto-debited from the subscriber's bank account for a cover year that runs from 1 June to 31 May.

The free RuPay debit card issued with a Jan Dhan account carries a built-in accidental insurance cover, and for accounts opened after 28 August 2018 this cover was raised from one lakh rupees to two lakh rupees when the mission was made open-ended.

PMJDY, the National Mission for Financial Inclusion, was launched on 28 August 2014 with the aim of giving every unbanked household a bank account, a RuPay debit card, an overdraft facility and access to insurance and pension.

Gandhi took over the English weekly Young India and the Gujarati weekly Navajivan in 1919 and used them to explain satyagraha, the Rowlatt agitation and the non-cooperation movement; in 1933 he began Harijan.

As acting Governor-General, Charles Metcalfe repealed the Licensing Regulations of 1823 through the Press Act of 1835, often called the Metcalfe Act, and freed Indian newspapers from the need for a licence; for this he is called the Liberator of the Indian Press.

Ambedkar launched the Marathi fortnightly Mooknayak, meaning leader of the voiceless, in 1920 to argue the case of the depressed classes, and he followed it with Bahishkrit Bharat in 1927 and Janata in 1930.

Mohammad Ali Jauhar founded the English weekly Comrade at Calcutta in 1911 and shifted it to Delhi, and he started the Urdu daily Hamdard in 1913; he was later a leader of the Khilafat movement and president of the Congress at its Coconada session in 1923.

The Vernacular Press Act was passed in 1878 under Lord Lytton and applied only to newspapers printed in Indian languages, not to English papers, which is why it was called the Gagging Act.

Ram Mohan Roy brought out Mirat-ul-Akhbar in Persian from 1822, besides the Bengali Sambad Kaumudi from 1821, and he closed the Persian journal in protest when the Licensing Regulations of 1823 required a licence to print.

Azad launched the Urdu weekly Al-Hilal in 1912 to carry the nationalist argument to Urdu readers and to oppose the separatist politics of the time.

Tilak, along with G. G. Agarkar, started the Marathi weekly Kesari and the English weekly Mahratta in 1881. The articles in Kesari brought him two sedition trials, and in 1908 he was sentenced to six years' transportation, which he served at Mandalay in Burma, where he wrote the Gita Rahasya.

Udant Martand was brought out from Calcutta on 30 May 1826 by Jugal Kishore Shukla as a weekly, and it is the first newspaper in Hindi; 30 May is observed as Hindi Journalism Day on that account.

The Bengal Gazette, also called the Calcutta General Advertiser and popularly known as Hicky's Gazette, was started by James Augustus Hicky in 1780 and is the first newspaper published in India.

The United Nations General Assembly adopted the Universal Declaration of Human Rights at its session in Paris on 10 December 1948, and the anniversary is observed every year as Human Rights Day.