Banking GK Questions 2026

Jim O'Neill, then an economist at Goldman Sachs, used the acronym BRIC in a paper of 2001 to describe Brazil, Russia, India and China, the four large economies he expected to grow into a major share of world output.

The New Delhi Leaders' Summit of September 2023, held under India's presidency at Bharat Mandapam, admitted the African Union as a permanent member, so that the group now has a second regional organisation alongside the European Union.

The first summit at the level of heads of state and government was called in November 2008, when the collapse of large financial firms threatened the world economy, and it met at Washington.

The Group of Twenty was formed in 1999, in the aftermath of the Asian financial crisis, as a forum where the finance ministers and central bank governors of the major advanced and emerging economies could discuss the stability of the world financial system.

India touches China through Ladakh, Himachal Pradesh, Uttarakhand, Sikkim and Arunachal Pradesh, and Nagaland is not on that boundary; its international border is with Myanmar.

Gairsain, in the Chamoli district of the Garhwal hills, was declared the summer capital of Uttarakhand, a long-standing demand of the hill districts, which held that a capital in the plains at Dehradun left them neglected.

Itanagar, named after the Ita fort in the area, became the capital when Arunachal Pradesh was a Union territory and continued as the capital after it became a State in 1987.

Uttar Pradesh touches eight States, namely Uttarakhand, Himachal Pradesh, Haryana, Rajasthan, Madhya Pradesh, Chhattisgarh, Jharkhand and Bihar, and in addition the Union territory of Delhi, which is the largest number for any State.

The McMahon Line was drawn at the Simla Convention of 1914 and is the boundary India recognises with China in the eastern sector, running along the crest of the hills north of Arunachal Pradesh.

Gujarat has the longest coastline of any Indian State, because its shore runs along the Gulf of Kachchh, the Saurashtra peninsula and the Gulf of Khambhat, which gives it a deeply indented outline and many ports, including Kandla and Mundra.

India shares its boundary with Myanmar through four States, Arunachal Pradesh, Nagaland, Manipur and Mizoram, and Assam is not among them, because it is shut off from Myanmar by Nagaland and Manipur.

The Tropic of Cancer crosses India through eight States, namely Gujarat, Rajasthan, Madhya Pradesh, Chhattisgarh, Jharkhand, West Bengal, Tripura and Mizoram, and Odisha is not one of them because it lies to the south of the line.

The India and Bangladesh boundary runs through five States, and of these West Bengal has by far the longest stretch, since Bangladesh lies along its southern and eastern sides.

Shimla is the capital of Himachal Pradesh, and Dharamshala in the Kangra valley was declared its second or winter capital, where a session of the State assembly is held.

Chandigarh was built as the new capital of Punjab after Partition, and when Haryana was carved out of Punjab in 1966 the city was made a Union territory serving as the capital of both States.

Dispur, a locality within Guwahati, became the capital of Assam in 1973 after Shillong, the earlier capital, went to the newly created State of Meghalaya.

France has twelve time zones, more than any other country, because its overseas departments and territories are scattered across the Pacific, the Indian Ocean, the Atlantic and the Caribbean.

A URL is the address of a web resource: it says where the resource sits on the network and, through the scheme written in front, how it is to be fetched.

In a web address the part before the colon and the two slashes names the protocol, so http, the HyperText Transfer Protocol, is the set of rules by which a browser asks a server for a page and the server answers.

A price index measures how the price of a commodity or of a basket of goods has moved between a base period and the current period, so the price of wheat over the years is read from a price index.