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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

Q6645.EconomyMedium

Up to what claim amount does the Bharat Maritime Insurance Pool pay out of its own reserves before the sovereign guarantee is invoked?

  1. A.USD 50 million
  2. B.USD 100 million
  3. C.USD 500 million
  4. D.USD 1.5 billion
Show answer
Correct answer: B. USD 100 million

Claims up to that level are met from the pool's accumulated reserves together with its reinsurance recoveries, and the government's guarantee is activated only once those reserves have been completely used up.

Q6646.EconomyMedium

Which body has been made the Pool Administrator of the Bharat Maritime Insurance Pool?

  1. A.General Insurance Corporation of India
  2. B.Life Insurance Corporation of India
  3. C.Insurance Regulatory and Development Authority of India
  4. D.New India Assurance Company Limited
Show answer
Correct answer: A. General Insurance Corporation of India

The correct answer is the General Insurance Corporation of India, better known as GIC Re, which has taken charge as Pool Manager and Administrator and handles the pool's day-to-day running, its performance reporting and its operational systems.

Q6648.Indian EconomyAsked in: SSC CGL · 03 Dec 2022, Shift 1Medium

If we deduct depreciation from GNP the measure of aggregate income that we obtain is called ______.

  1. A.Gross Domestic Product at market prices
  2. B.Gross Domestic Product
  3. C.Net National Product
  4. D.Personal income
Show answer
Correct answer: C. Net National Product

Gross National Product minus depreciation gives Net National Product. Depreciation is the wear and tear of machinery, buildings and other capital goods during the year.

Q6649.Indian EconomyAsked in: SSC CGL · 12 Dec 2022, Shift 4Medium

The GDP estimation method measuring the aggregate value of goods and services produced by the firms is called _______.

  1. A.expenditure method
  2. B.consumption method
  3. C.income method
  4. D.product method
Show answer
Correct answer: D. product method

The product method adds up the value of goods and services produced by all firms in the economy. National income can be measured in three ways, and all three should give the same figure.

Q6654.EnvironmentMedium

In which city is Adarsh Gaushala, described as India's first modern self-sufficient gaushala built around a compressed bio-gas plant?

  1. A.Bhopal
  2. B.Gwalior
  3. C.Indore
  4. D.Jabalpur
Show answer
Correct answer: B. Gwalior

Adarsh Gaushala stands at Laltipara and is the city's largest cowshed, home to more than ten thousand cattle. Its compressed bio-gas plant of 100 tonnes per day opened in October 2024, spread over five acres, cost 31 crore rupees and was developed with Indian Oil Corporation.

Q6657.NationalMedium

On which portal can a household complete its own census entry from a mobile phone?

  1. A.se.census.gov.in
  2. B.janganana.gov.in
  3. C.census.digitalindia.gov.in
  4. D.mybharat.gov.in
Show answer
Correct answer: A. se.census.gov.in

A household logs in with its mobile number, gives its location, fills in the family details and submits the form; nothing has to be uploaded, the whole process runs to about fifteen to twenty minutes, and a special identity number comes back that is shown to the enumerator when the…

Q6658.NationalMedium

On which night did the Indian Army carry out the surgical strikes across the Line of Control, recalled as completing ten years?

  1. A.26-27 September 2015
  2. B.28-29 September 2016
  3. C.13-14 September 2008
  4. D.11-12 September 2019
Show answer
Correct answer: B. 28-29 September 2016

Indian Army soldiers crossed the Line of Control on that night and hit terrorist launch pads, and the action is described as a decisive break in the way India answers cross-border terrorism, followed later by the Balakot air strike and Operation Sindoor.

GK Questions for sub-exams