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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

Q7741.EconomyEasy

According to Piyush Goyal, the India-EU FTA brings together a market of how many people?

  1. A.1 billion people
  2. B.2 billion people
  3. C.3 billion people
  4. D.1.5 billion people
Show answer
Correct answer: B. 2 billion people

Addressing the India-Belgium High-Level Dialogue in Mumbai, the Commerce and Industry Minister said the India-EU Free Trade Agreement brings together 2 billion people, representing a quarter of global GDP, a third of world trade and a market of USD 24 trillion.

Q7744.EconomyMedium

What were SAIL's total sales in August 2026?

  1. A.1.654 million tonnes
  2. B.1.871 million tonnes
  3. C.7.71 million tonnes
  4. D.1.69 million tonnes
Show answer
Correct answer: B. 1.871 million tonnes

The release states that SAIL achieved double digit year-on-year growth in overall sales volumes in August 2026, with total sales at this level, registering a rise of 13 per cent over the corresponding period last year.

Q7747.SportsEasy

How many athletes are taking part in the World Archery Para Series inaugurated by Amit Shah?

  1. A.88 athletes from 15 countries
  2. B.108 athletes from 19 countries
  3. C.120 athletes from 19 countries
  4. D.108 athletes from 29 countries
Show answer
Correct answer: B. 108 athletes from 19 countries

The release records that the Union Home Minister extended his best wishes to the 108 athletes from 19 countries participating in the World Archery Para Series, and that the participating nations include Bhutan, the United Kingdom, China, Bangladesh, France, Germany, Indonesia and the United States.

Q7748.Awards & HonoursHard

Which body facilitates the all-India test through which the Indian team for the Earth Science Olympiad is chosen?

  1. A.National Centre for Earth Science Studies
  2. B.Indian Institute of Geomagnetism
  3. C.Geological Society of India
  4. D.Survey of India
Show answer
Correct answer: C. Geological Society of India

The release explains that the Earth Science Olympiad journey begins with an all-India test facilitated by this body, in which roughly 17,800 students appeared across 500 centres nationwide.

Q7752.InternationalMedium

Who has been invited to deliver the opening keynote at the International Space Summit on India's future human spaceflight?

  1. A.The Prime Minister of India
  2. B.Dr Jitendra Singh
  3. C.The Chairman of ISRO and Secretary, Department of Space
  4. D.The Principal Scientific Adviser
Show answer
Correct answer: C. The Chairman of ISRO and Secretary, Department of Space

The release says clearly that this office holder has been invited to deliver the opening keynote, and that the subject of the keynote is India's future human spaceflight in Low Earth Orbit.

Q7757.Government SchemesMedium

To what level does the effective loan interest rate for a PACS fall under the Plan?

  1. A.1 per cent
  2. B.3 per cent
  3. C.4 per cent
  4. D.7 per cent
Show answer
Correct answer: A. 1 per cent

The Plan uses NABARD's special refinance facility to lighten the burden on participating cooperatives, and when that is combined with the 3 per cent interest subvention available under the Agriculture Infrastructure Fund, the effective loan interest rate for a PACS comes down to 1 per cent.

Q7759.Government SchemesMedium

Which body is the implementing agency of the Decentralised Grain Storage Plan in Cooperative Sector?

  1. A.Food Corporation of India
  2. B.National Cooperative Development Corporation
  3. C.NABARD
  4. D.Warehousing Development and Regulatory Authority
Show answer
Correct answer: B. National Cooperative Development Corporation

The backgrounder names it as the implementing agency, supported by coordination at the national, state and district levels through an Inter-Ministerial Committee, a National Level Coordination Committee, and State and District Cooperative Development Committees.

Q7760.EnvironmentMedium

The Aawa Paani Jhoki movement, under which farmers set aside 5 per cent of their land for water conservation, is in which district?

  1. A.Prakasam district, Andhra Pradesh
  2. B.Korea district, Chhattisgarh
  3. C.Kalahandi district, Odisha
  4. D.Barmer district, Rajasthan
Show answer
Correct answer: B. Korea district, Chhattisgarh

The backgrounder describes farmers there voluntarily dedicating 5 per cent of their agricultural land for recharge ponds and terraced pits under the Aawa Paani Jhoki movement, and holds the model up as proof that sustainable water management needs neither large-scale displacement nor heavy capital.

GK Questions for sub-exams