Banking GK Questions 2026

The Hungarian-born American publisher Joseph Pulitzer left money in his will to Columbia University in New York, which set up a school of journalism and the prizes that carry his name; the first Pulitzer Prizes were awarded in 1917 and are announced every year by the university on the recommendation…

The Indian Express Group began the Ramnath Goenka Excellence in Journalism Awards in 2006, a little over a decade after the death of its founder, and the award now covers print, broadcast and digital reporting in a long list of categories, with a separate Journalist of the Year honour.

The awards were instituted in 2006 in memory of Ramnath Goenka, the founder of the Indian Express newspapers, and are administered by the group through an independent jury that has usually been chaired by a former judge of the Supreme Court.

The Sardar Sarovar is a concrete gravity dam on the Narmada in the Narmada district of Gujarat, and its water and power are shared by four states, Gujarat, Madhya Pradesh, Maharashtra and Rajasthan; the Narmada Bachao Andolan, led by Medha Patkar, grew around the displacement it caused.

The Damodar Valley Corporation was set up in 1948, the first statutory corporation of its kind in India, and it was consciously modelled on the Tennessee Valley Authority of the United States, which had shown how one authority could take up flood control, irrigation, power and navigation across a whole…

The Howrah Bridge, renamed Rabindra Setu in 1965, is a steel cantilever bridge over the Hooghly connecting Howrah with Kolkata; it was opened to traffic in 1943 and its deck was riveted rather than bolted, so it is often described as having been built without nuts and bolts.

The Bogibeel Bridge crosses the Brahmaputra in the Dibrugarh district of Assam, was opened in December 2018 and carries a double line of railway below a three lane road above, which makes it the longest rail cum road bridge in India at close to five kilometres.

The Chenab Rail Bridge was built on the Udhampur Srinagar Baramulla rail link in the Reasi district of Jammu and Kashmir, and its steel arch carries the track about three hundred and fifty nine metres above the bed of the Chenab, which makes it the highest railway arch bridge in…

The Tarapur Atomic Power Station in the Palghar district of Maharashtra was commissioned in 1969 and was the first nuclear power station in India and in Asia to generate electricity commercially; its first two units were boiling water reactors built with American assistance.

Gobind Sagar is the reservoir formed by the Bhakra Dam on the Sutlej in the Bilaspur district of Himachal Pradesh, and it is named after Guru Gobind Singh; the dam is part of the Bhakra Nangal project that serves Punjab, Haryana, Rajasthan and Himachal Pradesh.

The Hirakud Dam lies across the Mahanadi above Sambalpur in Odisha, and counting the main dam together with its earthen dykes it is among the longest dams in the world; it was built chiefly to control the floods that used to devastate coastal Odisha, and it also serves irrigation and…

The Tehri Dam stands on the Bhagirathi in the Tehri Garhwal district of Uttarakhand, close to the confluence of the Bhagirathi and the Bhilangana, and it is an earth and rock fill dam, the tallest in India at about two hundred and sixty metres.

Hydel or hydroelectric power depends on head, the vertical distance through which water falls on to the turbine, and on a narrow valley in hard rock where a tall dam can hold a deep reservoir.

That section is the provision under which the Reserve Bank grants a licence to carry on banking business in India, and both differentiated categories are licensed under it; once the Reserve Bank is satisfied, they are also included in the second schedule of the Reserve Bank of India Act of…

It was launched on the first of September 2018, is wholly owned by the Government of India and operates under the Department of Posts, using the post office network and postal staff to reach customers, which makes it the payments bank with the widest physical reach in the country.

The Reserve Bank set up the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households under Nachiket Mor in September 2013, and its report recommended differentiated bank licences, including payments banks, as a faster route to financial inclusion than waiting for full service banks to expand.

At least a quarter of the banking outlets of a small finance bank must be in unbanked rural centres, which the guidelines define as centres with a population of up to 9,999 according to the latest census, the same definition used for universal banks; the requirement exists so that a…

The guidelines require that at least half of a small finance bank's loan portfolio be made up of loans and advances of up to twenty five lakh rupees each, and the purpose is to keep the bank lending small even as it grows, so that it does not drift towards…

A small finance bank exists to serve small borrowers, and the guidelines enforce that purpose by requiring seventy five per cent of its adjusted net bank credit to go to the sectors eligible as priority sector lending, which include agriculture, micro and small enterprises, education, housing and weaker sections.

Since a payments bank cannot lend, the guidelines direct where its deposits must go: at least seventy five per cent of demand deposit balances must be invested in government securities and treasury bills eligible for the statutory liquidity ratio, with a maturity of up to one year, and not more…