Banking GK Questions 2026

The correct answer is B, Kamaljit Sandhu, who won the four hundred metres at the Asian Games in Bangkok in 1970 and became the first Indian woman to win an individual gold at those Games.

The correct answer is A, Koneru Humpy, who earned the Grandmaster title in 2002 as a teenager and went on to win the world women's rapid chess championship in 2019.

The correct answer is B, Arati Saha, who crossed the English Channel in 1959 and became the first Asian woman to do so; in 1960 she also became the first Indian sportswoman to be awarded the Padma Shri. Option A is wrong because Bula Choudhury, also a swimmer from Bengal…

The correct answer is B, Saina Nehwal, who won the bronze in the women's singles at the London Olympics in 2012, the first Olympic medal in badminton for India; in 2015 she also became the first Indian woman to reach the world number one ranking in the sport.

She won the world amateur championship in 2002, 2005, 2006, 2008, 2010 and 2018, six titles in all, which earned her the name Magnificent Mary, and she added an Olympic bronze in the fifty-one kilogram class at London in 2012.

The correct answer is C, Sakshi Malik, who won the bronze in the fifty-eight kilogram freestyle category at the Rio de Janeiro Olympics in 2016, coming back from behind in the last seconds of her bout.

Anju Bobby George won the bronze in the long jump at the World Athletics Championships in Paris in 2003, the first medal won by any Indian, man or woman, at those championships.

P. T. Usha finished fourth in that final at Los Angeles in 1984, behind the bronze medallist by one hundredth of a second, the narrowest miss by any Indian athlete at the Olympic Games.

The correct answer is B, Bachendri Pal, who reached the summit on 23 May 1984 with an Indian expedition and was honoured with the Padma Shri and later the Padma Bhushan.

She won the bronze medal in the sixty-nine kilogram class in weightlifting at the Sydney Olympics in 2000, the first Olympic medal by an Indian woman in any sport.

There is no such method of measurement; the GDP deflator is a price index derived after the aggregates have been estimated, used to convert nominal values into real values.

Interest payments are the cost of borrowing done in earlier years, so taking them out of the fiscal deficit leaves the borrowing the government needs for this year's own activities; a zero primary deficit means the government is borrowing only to pay interest on past debt.

The fiscal deficit is the gap between what the government spends and everything it receives other than borrowings, so it measures exactly how much the government must borrow during the year and is the headline figure watched in every Budget.

The National Income Committee was appointed in 1949 with Professor P. C. Mahalanobis as chairman and Professor D. R. Gadgil and Dr V. K. R. V. Rao as members; its reports in the early 1950s produced the first official estimates of national income for independent India and shaped the work…

He estimated India's national income for the year 1867-68 and used the figure in his argument about the drain of wealth from India under British rule, which is why he is remembered as the first to attempt the exercise.

The Survey is written in the Economic Division of the Department of Economic Affairs in the Ministry of Finance, under the overall supervision of the Chief Economic Adviser, and is laid before both Houses of Parliament, usually a day before the Union Budget.

Both statements state the same rule from opposite sides: national income is the value of final goods and services, and the value of intermediate goods is excluded so that the same output is not counted at every stage of production.

Work through the expression in two steps. Adding depreciation to a net aggregate turns it gross, so NNP at market prices plus depreciation gives GNP at market prices.

The deflator is nominal GDP divided by real GDP and multiplied by a hundred, so it is not computed from a fixed basket of goods at all; it is implied by the two GDP series, and that is exactly why it carries the word implicit.

National income counts only final goods and services; intermediate goods are deliberately left out, because counting the flour as well as the bread would mean counting the same value twice.