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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

Q7601.EconomyEasy

Under which law was the smuggled foreign-origin gold seized by the DRI?

  1. A.The Customs Act, 1962
  2. B.The Foreign Exchange Management Act, 1999
  3. C.The Prevention of Money Laundering Act, 2002
  4. D.The Gold Control Act, 1968
Show answer
Correct answer: A. The Customs Act, 1962

The release names this statute twice in the same episode near the Indo-Bangladesh border, saying that because the person could not produce documents for lawful possession the gold was seized under the Customs Act, and that he was arrested under the relevant provisions of the same Act.

Q7604.Reports & IndicesMedium

The first district-level estimates of the unincorporated non-agricultural sector are based on which survey?

  1. A.Periodic Labour Force Survey
  2. B.Annual Survey of Industries
  3. C.Annual Survey of Unincorporated Sector Enterprises 2025
  4. D.National Family Health Survey
Show answer
Correct answer: C. Annual Survey of Unincorporated Sector Enterprises 2025

The release states that the report, titled Unincorporated Sector at the District Level, draws upon ASUSE data to present the scale, structure and economic performance of the sector district by district, and that this is the first initiative of the National Statistics Office to disseminate district-level estimates from a large-scale…

Q7605.NationalEasy

The amended e-commerce rules were made under which Act?

  1. A.The Information Technology Act, 2000
  2. B.The Competition Act, 2002
  3. C.The Consumer Protection Act, 2019
  4. D.The Legal Metrology Act, 2009
Show answer
Correct answer: C. The Consumer Protection Act, 2019

The release states that the Consumer Protection (E-Commerce) Rules, 2020 were notified under the Consumer Protection Act, 2019, and that they provide the framework for safeguarding consumers against unfair trade practices in the e-commerce sector; the amendment of 2026 strengthens that same framework.

Q7606.NationalMedium

Under the amended rules, the prior price of goods means the lowest price offered during how many days before the announcement?

  1. A.15 days
  2. B.30 days
  3. C.45 days
  4. D.90 days
Show answer
Correct answer: B. 30 days

The amended rules provide that where a price reduction is announced, both the reduced price and the prior price shall be displayed, and they define the prior price as the lowest price at which the goods or services were offered during the thirty days preceding the announcement.

Q7608.Summits & ConferencesMedium

How many master’s fellowships does the ASEAN-India fellowship for higher education in agriculture provide over five years?

  1. A.25
  2. B.50
  3. C.75
  4. D.100
Show answer
Correct answer: B. 50

Listing the achievements of the cooperation period that has just ended, the release records the launch in 2024 of the ASEAN-India Fellowship for Higher Education in Agriculture and Allied Sciences, which provides for 50 master’s fellowships over five years for students from ASEAN member states.

Q7609.Summits & ConferencesMedium

The new ASEAN-India medium-term plan of action for cooperation in agriculture and forestry covers which period?

  1. A.2021-2025
  2. B.2026-2030
  3. C.2025-2029
  4. D.2027-2031
Show answer
Correct answer: B. 2026-2030

The meeting looked forward to the adoption and implementation of the medium-term plan of action for cooperation in agriculture and forestry for 2026-2030, and the release sets out its four mutually reinforcing areas, namely policy dialogue with food security, trade, investment and resilient value chains; institutional networking, information exchange and…

Q7610.Summits & ConferencesEasy

Where was the 9th ASEAN-India Ministerial Meeting on Agriculture and Forestry held?

  1. A.Jakarta
  2. B.Manila
  3. C.New Delhi
  4. D.Bangkok
Show answer
Correct answer: C. New Delhi

The release opens by saying that the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry was held on 9 September 2026 in New Delhi, India, and it closes with the ministers thanking the Government of India for the hospitality and the arrangements made for the meeting, which confirms India as…

Q7614.AppointmentsMedium

Before this appointment, in which state commission had Bhagwat Prasad Makwana served as Vice-Chairman and Chairman?

  1. A.Safai Karamchari Commission, Uttarakhand
  2. B.Safai Karamchari Commission, Uttar Pradesh
  3. C.Safai Karamchari Commission, Gujarat
  4. D.Safai Karamchari Commission, Madhya Pradesh
Show answer
Correct answer: A. Safai Karamchari Commission, Uttarakhand

This is the strand of his record that connects most directly to the national post he now holds, since the state body does at the level of one state what the national commission does for the country.

Q7615.AppointmentsHard

Bhagwat Prasad Makwana was earlier a member of the Central Monitoring Committee constituted under which law?

  1. A.The Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition) Act, 1993
  2. B.The Prohibition of Employment as Manual Scavengers and their Rehabilitation Act, 2013
  3. C.The Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989
  4. D.The Protection of Civil Rights Act, 1955
Show answer
Correct answer: B. The Prohibition of Employment as Manual Scavengers and their Rehabilitation Act, 2013

Makwana served as a member of the Central Monitoring Committee constituted under that Act before taking charge of the national commission, and this experience sits alongside his tenure in the Uttarakhand commission and his time as an Independent Director on the Board of NHPC.

Q7618.Summits & ConferencesEasy

What was unveiled at the 9th ASEAN-India Ministerial Meeting on Agriculture and Forestry?

  1. A.The India-ASEAN Friendship Spike for Agriculture and Forestry
  2. B.The ASEAN-India Green Fund for Farmers
  3. C.The ASEAN-India Rice Research Centre
  4. D.The India-ASEAN Digital Agriculture Mission
Show answer
Correct answer: A. The India-ASEAN Friendship Spike for Agriculture and Forestry

The correct answer is the India-ASEAN Friendship Spike for Agriculture and Forestry, described as a symbol of the enduring partnership and the shared commitment of the two sides to cooperation in agriculture and forestry.

Q7619.Summits & ConferencesMedium

How many delegates attended the 10th ASEAN-India Agriculture Working Group Meeting held in New Delhi on 8 September 2026?

  1. A.11 delegates from 45 states
  2. B.45 delegates from 11 ASEAN member states
  3. C.65 delegates from 10 ASEAN member states
  4. D.30 delegates from 12 ASEAN member states
Show answer
Correct answer: B. 45 delegates from 11 ASEAN member states

The working group met a day before the ministerial and was co-chaired by India and the Philippines, with Dr M.L.

Q7620.Summits & ConferencesMedium

Which edition of the ASEAN-India Ministerial Meeting on Agriculture and Forestry was held in New Delhi on 9 September 2026?

  1. A.7th
  2. B.8th
  3. C.9th
  4. D.10th
Show answer
Correct answer: C. 9th

It was co-chaired by the Union Minister for Agriculture and Farmers' Welfare, Shivraj Singh Chouhan, and the Secretary of the Department of Agriculture of the Philippines, Francisco P. Tiu Laurel, and it reaffirmed the shared commitment of India and the grouping to a food secure and resilient agricultural future.

GK Questions for sub-exams