Banking GK Questions 2026

Formally the Royal Commission on Indian Currency and Finance, it reported in 1926 and recommended that the currency and credit functions then divided between the Government and the Imperial Bank be placed in a single central bank.

The Reserve Bank of India Act was passed in 1934 and the Bank began work on the first day of April in the following year, with its central office at Calcutta.

Policy rates are announced by the Reserve Bank, and since 2016 the decision is taken by its Monetary Policy Committee of six members under the chairmanship of the Governor.

The Reserve Bank of India Act, 1934 is the statute that created the Bank and it carries the provisions on the custody and deployment of the country's foreign exchange reserves, which the Bank holds and invests.

The Reserve Bank of India began as a shareholders' bank and was taken into public ownership on 1 January 1949 under the Reserve Bank (Transfer to Public Ownership) Act, 1948.

The US Open is played at the USTA Billie Jean King National Tennis Center in the Flushing Meadows park of the New York borough of Queens, on hard courts, in the last week of August and the first of September.

Under the Rules of Tennis a court is 78 feet, about 23.77 metres, from baseline to baseline, and the length is the same whether singles or doubles is being played.

Points in a game are called fifteen, thirty and forty, and when both players reach forty the score is deuce.

In 1988 the German won the Australian Open, the French Open, Wimbledon and the US Open, and then took the Olympic singles gold medal at Seoul, the first Games at which tennis was again a full medal sport.

The Australian won all four Majors in the same calendar year in 1962 as an amateur and did it again in 1969, in the second year of the Open Era, which no other man has matched.

Until that year the Majors were reserved for amateurs, and the best players of the day, once they turned professional, could no longer enter them.

Sania Mirza and Mahesh Bhupathi won the mixed doubles title at Melbourne Park in 2009, and that made Mirza the first Indian woman to win any Grand Slam title.

He won the mixed doubles title at the 1997 French Open partnering Rika Hiraki of Japan, and that was the first Grand Slam title of any kind won by an Indian.

The Coupe des Mousquetaires, or Musketeers' Cup, is handed to the men's singles winner at Roland Garros.

The ladies' singles champion at Wimbledon receives a sterling silver salver, a flat dish rather than a cup, decorated with figures from classical mythology, and it has been awarded since 1886.

Played at the Stade Roland Garros in Paris in May and June, it is the only Major contested on clay, and its red crushed brick surface slows the ball and makes it bounce high, so rallies are long and a patient baseline player is favoured.

The Championships were first played at the All England Lawn Tennis and Croquet Club in London in 1877, which makes Wimbledon the oldest tennis tournament in the world.

The Press Council of India, the statutory watchdog of the press set up to preserve its freedom and to maintain its standards, began functioning on 16 November 1966, and the date is observed as National Press Day in recognition of a free and responsible press.

Pakistan's eastern command surrendered to the Indian Army and the Mukti Bahini at Dhaka on 16 December 1971, ending a war of thirteen days and leading to the creation of Bangladesh, which observes the same date as its Victory Day.

Born on 23 December 1902, he served as Prime Minister in 1979 and 1980 and is remembered above all as a champion of the peasantry, whose writings and land reform measures were built around the small farmer.