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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

Q7282.Indian EconomyAsked in: CDS · CDS (II) 2023, 3 Sep 2023Medium

The executive is given an advance grant to meet temporary and running requirements of Government of India in the beginning of the new financial year until the demands are voted by the legislature. This is known as

  1. A.Vote of Credit
  2. B.Vote on Account
  3. C.Appropriation Bill
  4. D.Advance Account
Show answer
Correct answer: B. Vote on Account

It is the advance grant the Lok Sabha makes so that the government can keep spending from 1 April until the full budget is passed.

Q7283.Indian EconomyAsked in: CDS · CDS (I) 2022, 10 Apr 2022Easy

What is 'Unicorn Company' often mentioned in Indian news?

  1. A.Any privately held startup company with a value of over $1 billion
  2. B.Any public sector company to be merged with another public sector company
  3. C.Privatization of any loss-making State-owned company
  4. D.Any foreign multinational company doing business in India in collaboration with an Indian company
Show answer
Correct answer: A. Any privately held startup company with a value of over $1 billion

A unicorn is a startup that is not listed on the stock market and is valued at more than one billion US dollars.

Q7284.Indian EconomyAsked in: CDS · CDS (I) 2023, 16 Apr 2023Hard

The computation of poverty in terms of Monthly Per Capita Consumption Expenditure (MPCE) based on the Mixed Reference Period was recommended by the

  1. A.Lakdawala Committee
  2. B.Tendulkar Committee
  3. C.Dandekar Committee
  4. D.Alagh Committee
Show answer
Correct answer: B. Tendulkar Committee

The expert group headed by Suresh Tendulkar, which reported in 2009, recommended measuring poverty through MPCE on the Mixed Reference Period.

Q7291.NationalMedium

Special Campaign 6.0, the drive on cleanliness and disposal of pendency, has been launched by which department?

  1. A.Department of Administrative Reforms and Public Grievances
  2. B.Department of Empowerment of Persons with Disabilities
  3. C.Department of Personnel and Training
  4. D.Department of Expenditure
Show answer
Correct answer: A. Department of Administrative Reforms and Public Grievances

It runs the special campaign across the Government, lays down the parameters against which each office identifies its pending matters, issues the guidelines that offices follow, and takes the reporting of achievements on the campaign portal.

Q7292.NationalMedium

Which statement about PBSHABD is correct?

  1. A.Its content must carry the Prasar Bharati logo and a credit line
  2. B.Its content carries no logo and needs no credit line
  3. C.It is available only in Hindi and English
  4. D.It is open only to television channels
Show answer
Correct answer: B. Its content carries no logo and needs no credit line

This is the feature that sets the platform apart from a conventional news agency, because a small newspaper can run a national or international story under its own masthead without attributing it to the broadcaster.

Q7295.Government SchemesMedium

What financial assistance is given to a candidate placed under DDU-GKY 2.0?

  1. A.10,000 rupees paid as a single grant on joining
  2. B.7,620 rupees, at 1,270 rupees a month for six months
  3. C.15,000 rupees, at 2,500 rupees a month for six months
  4. D.No assistance is given after placement
Show answer
Correct answer: B. 7,620 rupees, at 1,270 rupees a month for six months

The support is deliberately paid month by month over the same six months that now make up the minimum placement period, so that the money helps a candidate stay in a new job and a new city rather than arriving as one lump sum.

Q7296.Government SchemesEasy

DDU-GKY was launched on which date and under which mission?

  1. A.25 September 2014, under the National Rural Livelihoods Mission
  2. B.25 September 2015, under the Pradhan Mantri Kaushal Vikas Yojana
  3. C.2 October 2014, under MGNREGA
  4. D.15 August 2016, under the Skill India Mission
Show answer
Correct answer: A. 25 September 2014, under the National Rural Livelihoods Mission

The Ministry of Rural Development started the scheme on that date to give placement-linked skill training to youth of 15 to 35 years from poor rural households, and the scheme is marking its twelfth anniversary this year.

Q7298.Indian EconomyEasy

Per capita income of a country is calculated as

  1. A.national income divided by the total population
  2. B.national income divided by the working population
  3. C.national income multiplied by the growth rate
  4. D.the total savings of households in a year
Show answer
Correct answer: A. national income divided by the total population

Per capita income is the average income of a person in a year, found by dividing national income by the entire population, including children and those who do not work.

Q7299.Indian EconomyMedium

In India, the official estimates of national income are prepared by which organisation?

  1. A.The Reserve Bank of India
  2. B.The National Statistical Office under the Ministry of Statistics and Programme Implementation
  3. C.The Finance Commission
  4. D.The Securities and Exchange Board of India
Show answer
Correct answer: B. The National Statistical Office under the Ministry of Statistics and Programme Implementation

The National Statistical Office, formed by merging the Central Statistical Office with the National Sample Survey Office, prepares the national accounts under the Ministry of Statistics and Programme Implementation.

Q7300.Indian EconomyMedium

Under the expenditure method, GDP is the sum of consumption, investment, government expenditure and

  1. A.exports minus imports
  2. B.imports minus exports
  3. C.total exports only
  4. D.depreciation
Show answer
Correct answer: A. exports minus imports

Exports are goods produced at home and sold abroad, so they belong in domestic production. Imports are produced abroad but are already included in the spending of households, firms and government, so they must be taken out to leave only what the country itself produced.

GK Questions for sub-exams