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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

Q5121.Banking & Financial AwarenessMedium

The three pillars of Basel II are minimum capital requirements, supervisory review and which third pillar?

  1. A.Deposit insurance
  2. B.Market discipline
  3. C.Liquidity coverage
  4. D.Asset classification
Show answer
Correct answer: B. Market discipline

The third pillar works through disclosure: a bank must publish enough about its risk profile, capital and risk management for depositors, investors and rating agencies to judge it, so that the market itself exerts pressure for prudent behaviour.

Q5122.Banking & Financial AwarenessEasy

The Basel norms for banks are issued by which body?

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

It was set up in 1974 by the central bank governors of the Group of Ten countries and has its secretariat at the Bank for International Settlements in Basel, Switzerland.

Q5123.Awards & HonoursMedium

Who was the first Indian musician to be awarded the Bharat Ratna?

  1. A.Pandit Ravi Shankar
  2. B.M. S. Subbulakshmi
  3. C.Lata Mangeshkar
  4. D.Ustad Bismillah Khan
Show answer
Correct answer: B. M. S. Subbulakshmi

The Carnatic vocalist was conferred the Bharat Ratna in 1998, becoming the first musician to receive the country's highest civilian honour; she had earlier been the first Indian musician to win the Ramon Magsaysay Award, in 1974.

Q5124.Awards & HonoursHard

The Sangeetha Kalanidhi, the highest honour in Carnatic music, is conferred by which institution?

  1. A.The Madras Music Academy
  2. B.The Sangeet Natak Akademi
  3. C.The Sahitya Akademi
  4. D.The Lalit Kala Akademi
Show answer
Correct answer: A. The Madras Music Academy

The Academy in Chennai confers the Sangeetha Kalanidhi on the musician who presides over its annual December music season, and the title is treated as the highest distinction a Carnatic musician can receive.

Q5126.Awards & HonoursMedium

What is the highest honour conferred by the Sangeet Natak Akademi?

  1. A.The Sangeet Natak Akademi Award
  2. B.The Akademi Fellowship, called Ratna Sadasya
  3. C.The Kalidas Samman
  4. D.The Tansen Samman
Show answer
Correct answer: B. The Akademi Fellowship, called Ratna Sadasya

The Sangeet Natak Akademi, the national academy for music, dance and drama set up by a government resolution in 1952 and inaugurated in January 1953, gives its annual awards widely but reserves the Fellowship as its highest distinction, limited to a small fixed number of living artists at any one…

Q5128.Awards & HonoursHard

The album Planet Drum, for which Ustad Zakir Hussain shared a Grammy with Mickey Hart, won the first ever award in which category?

  1. A.Best New Age Album
  2. B.Best Contemporary Instrumental Album
  3. C.Best World Music Album
  4. D.Best Global Music Performance
Show answer
Correct answer: C. Best World Music Album

Planet Drum, a percussion project led by Mickey Hart with Zakir Hussain among its players, won in 1992 the very first Grammy ever given in that newly created category.

Q5131.Awards & HonoursEasy

The Grammy Awards are presented by which organisation?

  1. A.The Academy of Motion Picture Arts and Sciences
  2. B.The Royal Swedish Academy of Music
  3. C.The Recording Academy
  4. D.The British Academy of Film and Television Arts
Show answer
Correct answer: C. The Recording Academy

Its formal name is the National Academy of Recording Arts and Sciences, and its voting members are musicians, producers, recording engineers and other professionals of the American recording industry.

Q5132.Awards & HonoursEasy

Who was the first Indian to win a Grammy Award?

  1. A.Ustad Zakir Hussain
  2. B.Pandit Ravi Shankar
  3. C.A. R. Rahman
  4. D.Pandit Bhimsen Joshi
Show answer
Correct answer: B. Pandit Ravi Shankar

The sitar maestro won the Grammy in 1968 for Best Chamber Music Performance for the album West Meets East, which he recorded with the violinist Yehudi Menuhin, making him the first Indian to receive the award.

Q5134.Sports GKMedium

Which of the following is NOT one of the aquatic disciplines governed by World Aquatics?

  1. A.Water polo
  2. B.Artistic swimming
  3. C.Rowing
  4. D.High diving
Show answer
Correct answer: C. Rowing

World Aquatics recognises six disciplines, namely swimming, diving, water polo, artistic swimming, open water swimming and high diving. Rowing is played on water but is governed by a separate international body, World Rowing, long known as FISA, and its Olympic events are listed under rowing, not aquatics.

Q5139.Sports GKMedium

Who was the first Indian to swim across the English Channel?

  1. A.Mihir Sen
  2. B.Taranath Shenoy
  3. C.Sachin Nag
  4. D.Khazan Singh Tokas
Show answer
Correct answer: A. Mihir Sen

A lawyer from Bengal, he swam the English Channel in 1958 and went on to cross five major seas and straits in a single year, 1966, including the Palk Strait between India and Sri Lanka, the Strait of Gibraltar, the Dardanelles, the Bosphorus and the Panama Canal.

Q5140.Sports GKEasy

Who was the first Asian woman to swim across the English Channel?

  1. A.Bula Choudhury
  2. B.Arati Saha
  3. C.Shikha Tandon
  4. D.Nisha Millet
Show answer
Correct answer: B. Arati Saha

The Bengali swimmer crossed the English Channel in September 1959, becoming the first woman from Asia to do so, and in 1960 she became the first Indian sportswoman to be awarded the Padma Shri. Option A is wrong but close enough to be the standard distractor: Bula Choudhury, also from…

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