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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

Q542.Summits & ConferencesEasy

Where was the 14th International Tourism Mart held?

  1. A.Shillong, Meghalaya
  2. B.Tawang, Arunachal Pradesh
  3. C.Guwahati, Assam
  4. D.Gangtok, Sikkim
Show answer
Correct answer: B. Tawang, Arunachal Pradesh

The Ministry of Tourism organised the Mart there with the state government and the other North Eastern states, and the edition brought the event back to the town after thirteen years, the second edition having been held at the same place in 2013.

Q543.DefenceMedium

What does the acronym MAHASAGAR stand for in the context of India's maritime outlook?

  1. A.Maritime Alliance for Harbour Access, Security and Regional Growth
  2. B.Mutual and Holistic Advancement for Security and Growth Across Regions
  3. C.Maritime Assistance and Humanitarian Action for Secure and Green Areas
  4. D.Multilateral Harbour and Sea Guard Agreement for Regions
Show answer
Correct answer: B. Mutual and Holistic Advancement for Security and Growth Across Regions

This is the vision the Indian Navy advances through deployments and port calls such as the visit of INS Tarkash to Port Louis, where joint training with the Mauritius Coast Guard, community outreach and participation in a national commemoration all serve the same purpose.

Q545.DefenceEasy

At which port did INS Tarkash arrive during its Southern Indian Ocean deployment?

  1. A.Victoria, Seychelles
  2. B.Port Louis, Mauritius
  3. C.Male, Maldives
  4. D.Mombasa, Kenya
Show answer
Correct answer: B. Port Louis, Mauritius

The frigate arrived there on 30 October 2026 while on an operational deployment to the Southern Indian Ocean Region, and the call is intended to strengthen naval cooperation through professional interactions, joint activities and cultural exchanges with the Mauritius Coast Guard.

Q548.Banking & FinanceEasy

Which attraction has become the first in the United Arab Emirates to accept UPI for e-commerce bookings?

  1. A.Museum of the Future
  2. B.At the Top, Burj Khalifa
  3. C.Dubai Frame
  4. D.Ferrari World Abu Dhabi
Show answer
Correct answer: B. At the Top, Burj Khalifa

NPCI International Payments Limited enabled UPI there in partnership with NEOPAY and Emaar Entertainment, and this is the first attraction anywhere in the Emirates to take UPI for online commerce rather than only for scanning a merchant code.

Q549.Banking & FinanceMedium

Besides the Priority Sector Lending framework, which scheme has the committee been asked to review?

  1. A.Lead Bank Scheme
  2. B.Pradhan Mantri Jan Dhan Yojana
  3. C.Pradhan Mantri Mudra Yojana
  4. D.Stand Up India Scheme
Show answer
Correct answer: A. Lead Bank Scheme

One head of the terms of reference asks the committee to review the Priority Sector Lending framework together with the Lead Bank Scheme, and to judge how relevant, effective and well coordinated the two remain in promoting inclusive, balanced and data-driven credit delivery in line with changing economic priorities and…

Q551.Banking & FinanceEasy

Who has been appointed Chairman of the High Level Committee on Banking for Viksit Bharat?

  1. A.Shirish Chandra Murmu
  2. B.Suresh N. Patel
  3. C.Padmaja Chunduru
  4. D.N. S. Vishwanathan
Show answer
Correct answer: B. Suresh N. Patel

He is a former Central Vigilance Commissioner, and the Government has named him Chairman of the newly constituted High Level Committee on Banking for Viksit Bharat, the panel that will recommend structural, institutional, regulatory and legislative reform of the banking sector.

Q552.Science & TechnologyAsked in: CDS · CDS-I 2017, GKMedium

Which of the following statements about Bitcoin is/are correct? 1. It is a decentralized virtual currency. 2. It is generated through complex computer software systems. 3. The Reserve Bank of India recognized it as a legal tender in January 2016. Select the correct answer using the code given below.

  1. A.1 only
  2. B.1 and 2 only
  3. C.2 and 3 only
  4. D.1, 2 and 3
Show answer
Correct answer: B. 1 and 2 only

Bitcoin is a decentralised digital currency created by computer software, but the Reserve Bank of India has never made it legal tender.

Q553.EconomyHard

Under current policies, NITI Aayog projects India's coal demand by 2050 at what level?

  1. A.Over 1.5 billion tonnes
  2. B.Over 2.6 billion tonnes
  3. C.Over 3.4 billion tonnes
  4. D.Over 4.2 billion tonnes
Show answer
Correct answer: B. Over 2.6 billion tonnes

The projection quoted at the consultation shows demand rising from about 1.25 billion tonnes in 2025 to more than 2.6 billion tonnes by 2050 if present policies continue, and staying above 1.8 billion tonnes even along a net zero path, because steel, cement and power, the three largest consumers, are…

Q555.EconomyMedium

Of the commercial coal mines allotted since 2020, how many are producing, according to the Ministry of Coal?

  1. A.25 of 137
  2. B.37 of 125
  3. C.52 of 137
  4. D.25 of 90
Show answer
Correct answer: A. 25 of 137

The ministry said at its consultation in Goa that of the commercial mines allotted since the reform framework came in, only a small fraction has reached production, and the Coal Secretary described an allotted but idle block as capacity the country has set aside yet cannot use.

Q557.EconomyHard

How much was transferred to state governments as devolution of the share of taxes up to September 2026?

  1. A.Rs 4,80,732 crore
  2. B.Rs 6,54,547 crore
  3. C.Rs 6,99,409 crore
  4. D.Rs 6,46,010 crore
Show answer
Correct answer: C. Rs 6,99,409 crore

The monthly accounts record that this sum was transferred to the state governments as devolution of their share of central taxes during the first half of the financial year, and that it was Rs 67,658 crore higher than the amount devolved in the corresponding period of the previous year.

Q559.EnvironmentMedium

On which principle does the PAVAN Integrated Command and Control Centre operate?

  1. A.Detect, Analyse, Act
  2. B.Measure, Report, Verify
  3. C.Monitor, Warn, Penalise
  4. D.Observe, Forecast, Inform
Show answer
Correct answer: A. Detect, Analyse, Act

The minister explained that the centre works on this principle, bringing data from many agencies onto a common platform for real-time and historical study of pollution levels, identification of sources, assessment of trends and tracking of compliance in the field against prescribed standards.

GK Questions for sub-exams