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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

Q5241.Indian EconomyEasy

How many days of wage employment in a financial year does MGNREGA guarantee to a rural household?

  1. A.60 days
  2. B.100 days
  3. C.150 days
  4. D.180 days
Show answer
Correct answer: B. 100 days

The National Rural Employment Guarantee Act of 2005, renamed after Mahatma Gandhi in 2009, gives every rural household whose adult members are willing to do unskilled manual work a legal right to 100 days of such work in a financial year, with work to be provided within fifteen days of…

Q5242.Indian EconomyAsked in: RRB NTPC · 28 Dec 2020, Shift 1Easy

What is Sukanya Samriddhi Yojana?

  1. A.A small deposit scheme for the girl child.
  2. B.A scheme to provide bicycles for girls studying in the 10th class.
  3. C.A scheme to provide skills that give employability to women.
  4. D.A scheme to develop self-defence skills in girls.
Show answer
Correct answer: A. A small deposit scheme for the girl child.

Sukanya Samriddhi was opened in 2015 as part of the Beti Bachao Beti Padhao campaign: a guardian may open an account in the name of a girl child below the age of ten at a post office or a bank, deposit a small sum every year, and draw the maturity…

Q5243.Indian EconomyAsked in: SSC CHSL · 02 Aug, 2023, Shift 2Medium

The Government of India is providing Ayushman Bharat Yojana, a health scheme. This type of government effort falls under ______ of the Directive Principles of State Policy.

  1. A.Article 48
  2. B.Article 46
  3. C.Article 47
  4. D.Article 45
Show answer
Correct answer: C. Article 47

It places on the State the duty to raise the level of nutrition and the standard of living of its people and to improve public health, and a health assurance scheme such as Ayushman Bharat, which gives a cover of five lakh rupees a family a year for hospital treatment…

Q5244.Indian EconomyAsked in: SSC CGL · 21 Jul 2023, Shift 1Easy

What is the age criteria for the subscribers of Atal Pension Yojana?

  1. A.20 - 30 Years
  2. B.25 - 35 Years
  3. C.18 - 40 Years
  4. D.40 - 60 Years
Show answer
Correct answer: C. 18 - 40 Years

The Atal Pension Yojana, launched in 2015 and administered by the Pension Fund Regulatory and Development Authority, is open to a bank account holder between 18 and 40 years of age, who contributes until the age of 60 and then draws a guaranteed monthly pension of between one thousand and…

Q5246.Indian EconomyAsked in: SSC MTS · 03 May 2023, Shift 1Hard

The National Rural Employment Programme was merged with _________ in 1989.

  1. A.Indira Awas Yojana
  2. B.Rural Landless Employment Guarantee Programme
  3. C.Employment Assurance Scheme
  4. D.Jawahar Rozgar Yojana
Show answer
Correct answer: D. Jawahar Rozgar Yojana

In 1989 the National Rural Employment Programme of 1980 and the Rural Landless Employment Guarantee Programme of 1983 were brought together into a single wage employment programme named the Jawahar Rozgar Yojana, which was run through the panchayats and remained the main rural employment programme of the early 1990s. Option…

Q5247.Indian EconomyAsked in: SSC CGL · 16 August 2017, Shift 3Easy

'Udey Desh ka Aam Nagrik' (UDAN) scheme for regional air connectivity will provide travel to tier 2 and tier 3 cities at the rate of Rs ________ per hour.

  1. A.1500
  2. B.2000
  3. C.2500
  4. D.3000
Show answer
Correct answer: C. 2500

Under the Regional Connectivity Scheme called UDAN, which stands for Ude Desh ka Aam Nagrik and was launched in 2016, the fare on a subsidised seat is capped at about 2,500 rupees for an hour of flight on a fixed-wing aircraft, and the difference between that fare and the cost…

Q5248.Banking & Financial AwarenessAsked in: SSC CGL · 20 Aug 2021, Shift 3Medium

The 'Ecowrap report' was published in May 2020 by which of the following banks?

  1. A.RBI
  2. B.SBI
  3. C.HDFC Bank
  4. D.ICICI Bank
Show answer
Correct answer: B. SBI

Ecowrap is the research report of the State Bank of India, brought out by its economic research department. Ecowrap is written by the team of the group chief economic adviser at SBI and comments on growth, inflation, bank credit, government finances and the state of households.

Q5249.Environment & EcologyAsked in: SSC CGL · 12 April 2022, Shift 3Easy

The UN's Sustainable Development Goal 6 aims to ______.

  1. A.ensure healthy lives and promote well-being for all at all ages
  2. B.ensure availability and sustainable management of water and sanitation for all
  3. C.end poverty in all forms everywhere
  4. D.take urgent action to combat climate change and its impact
Show answer
Correct answer: B. ensure availability and sustainable management of water and sanitation for all

That is the wording of Sustainable Development Goal 6, the water and sanitation goal. The seventeen Sustainable Development Goals were adopted by the United Nations in September 2015 as part of the 2030 Agenda, and they replaced the eight Millennium Development Goals.

Q5250.Indian EconomyAsked in: Bihar · 30 Sept, 2023Medium

Which of the following statements about non-plan expenditures of the Central Government is correct?

  1. A.The expenditure is on interest payments.
  2. B.The expenditure is on science and technology.
  3. C.The expenditure is on agriculture.
  4. D.None of the above
Show answer
Correct answer: A. The expenditure is on interest payments.

Interest paid on the government's past borrowing is the classic non-plan expenditure, because it is a committed charge the Centre must meet whatever its plans are.

Q5252.Indian EconomyAsked in: SSC CHSL · 17 March, 2023, Shift 4Easy

Law of Demand states that, there is a negative relationship between ________.

  1. A.demand for a commodity and its supply
  2. B.demand for a commodity and its price
  3. C.tax on a commodity and its price
  4. D.supply of a commodity and its price
Show answer
Correct answer: B. demand for a commodity and its price

The law of demand says that, other things remaining equal, a rise in the price of a good reduces the quantity demanded and a fall in price raises it, so the two move in opposite directions.

Q5254.Indian EconomyAsked in: SSC CHSL · 13 March 2018, Shift 2Medium

Why are the Indian workers less skilled than the workers of western countries?

  1. A.Low level of wages
  2. B.Inferior quality of capital provided to labourers
  3. C.High level of illiteracy
  4. D.Strong trade unions
Show answer
Correct answer: C. High level of illiteracy

Skill is built on schooling and training, so a workforce in which a large share of workers is illiterate or barely schooled cannot absorb technical instruction the way a fully literate one can.

Q5255.Indian EconomyAsked in: Bihar · BPSC AE Paper 4 (General Engineering SciMedium

All financial decisions on any project appraisal are based on

  1. A.future value of money
  2. B.present value of money
  3. C.opportunity cost of money
  4. D.None of the above
Show answer
Correct answer: B. present value of money

Money has a time value, so a rupee received years later is worth less than a rupee in hand, and every cash flow of a project is first brought to today's value before a decision is taken.

Q5257.Government SchemesHard

How much has the Sixteenth Finance Commission recommended for Rural Local Bodies for the period 2026-31?

  1. A.Rs 2,35,236 crore
  2. B.Rs 3,35,236 crore
  3. C.Rs 4,35,236 crore
  4. D.Rs 5,35,236 crore
Show answer
Correct answer: C. Rs 4,35,236 crore

This is the amount the Sixteenth Finance Commission has recommended for Rural Local Bodies for the award period 2026-31, and it marks an increase of nearly 84 per cent over what the Fifteenth Finance Commission provided, with the annual per capita grant rising from about Rs 400 to nearly Rs…

Q5258.Government SchemesMedium

The Special Gram Sabhas held on Gandhi Jayanti marked the start of which campaign?

  1. A.Sabki Yojana, Sabka Vikas (People's Plan Campaign)
  2. B.Rashtriya Gram Swaraj Abhiyan
  3. C.Swachhata Hi Seva
  4. D.Jal Sanchay Jan Bhagidari
Show answer
Correct answer: A. Sabki Yojana, Sabka Vikas (People's Plan Campaign)

The correct answer is Sabki Yojana, Sabka Vikas, the title of the People's Plan Campaign for the year, under which Panchayats will prepare their Panchayat Development Plans for the financial year that follows.

Q5259.Government SchemesMedium

How many Special Gram Sabhas were held across India on Gandhi Jayanti in 2026?

  1. A.More than 1.42 lakh
  2. B.More than 2.42 lakh
  3. C.More than 3.42 lakh
  4. D.More than 4.42 lakh
Show answer
Correct answer: B. More than 2.42 lakh

That many Special Gram Sabhas were scheduled across the country on the GPDP Portal and the Panchayat NIRNAY Portal for Gandhi Jayanti, and they were attended by residents, elected representatives, Panchayat functionaries and officials.

Q5260.InternationalMedium

India and the Netherlands agreed to explore cooperation through a work plan in which sector?

  1. A.Fisheries sector
  2. B.Dairy sector
  3. C.Seed sector
  4. D.Poultry sector
Show answer
Correct answer: C. Seed sector

The two sides agreed to look at working together in the seed sector through a work plan that would name the key areas of cooperation and lay down a clear framework for effective implementation, and this was the new area taken up alongside the review of existing cooperation.

GK Questions for sub-exams