Banking GK Questions 2026

Formally the Royal Commission on Indian Currency and Finance, it reported in 1926 that the control of currency and of credit should not be split between the Government and the Imperial Bank but placed in one central bank.

The rupee was tied to the pound sterling from colonial times and stayed pegged to it after independence. In 1975 the link was cut and the rupee was tied instead to a basket of currencies of India's major trading partners, with the Reserve Bank fixing the daily rate.

The Reserve Bank opened in 1935 as a shareholders' bank with privately held share capital.

It was founded in 1865 and is remembered as the oldest joint stock bank in India, a joint stock bank being one owned by shareholders rather than by a partnership of agency houses.

On 19 July 1969 the Government of India issued an ordinance taking over the fourteen largest Indian scheduled commercial banks, those whose deposits stood at ₹50 crore or more.

Vatican City is an independent state of well under half a square kilometre lying entirely inside the city of Rome, and it is the smallest country in the world by both area and population.

The Bay of Bengal is the north-eastern arm of the Indian Ocean, bounded by India, Bangladesh, Myanmar and Sri Lanka, and it is the largest bay in the world.

The Andes run down the whole western edge of South America, through seven countries from Venezuela to the southern tip of Chile and Argentina, and form the longest mountain range above sea level.

Baikal lies in southern Siberia in Russia, fills a deep rift in the earth's crust and is the deepest lake in the world.

Greenland lies between the Arctic and the Atlantic, is covered almost entirely by an ice sheet and is an autonomous territory of Denmark.

Angel Falls drops 979 metres from the edge of a flat-topped table mountain called Auyan Tepui in the Guiana highlands of Venezuela, and is the highest uninterrupted waterfall in the world.

The Sahara stretches across northern Africa from the Atlantic to the Red Sea and is the largest hot desert in the world.

The Nile flows north through north-eastern Africa for about 6,650 kilometres to the Mediterranean and is the river taken as the longest in the world in almost every textbook and examination.

The Mariana Trench lies in the western Pacific, east of the Mariana Islands, and its deepest part, the Challenger Deep, is close to eleven kilometres below sea level.

The Pacific covers a greater area than all the land on earth put together and is also the deepest ocean, holding the Challenger Deep in the Mariana Trench, the deepest known point on the planet.

The Jama Masjid was built under Shah Jahan in the seventeenth century in red sandstone and white marble, opposite the Red Fort in Shahjahanabad, and its vast courtyard makes it the largest mosque in India.

NH 44 runs roughly north to south from Srinagar to Kanyakumari, about 3,745 kilometres, and is the longest national highway in India.

Hemis lies in eastern Ladakh, in high cold desert country, and is the largest national park in India by area.

These three rivers meet near the head of the Bay of Bengal and drop an enormous load of silt, building the Sundarbans, the largest delta in the world, shared between India and Bangladesh.

The Tehri dam stands on the Bhagirathi in the Tehri Garhwal region of Uttarakhand and rises to about 260 metres, which makes it the highest dam in India.