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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

Q761.Government SchemesMedium

The Punah Bharan Mobile Application, launched to support groundwater recharge planning, was developed by which agency?

  1. A.NRSC
  2. B.BISAG-N
  3. C.NIC
  4. D.Survey of India
Show answer
Correct answer: B. BISAG-N

The application was developed by BISAG-N in collaboration with the National Water Mission under the Department of Water Resources, River Development and Ganga Rejuvenation in the Ministry of Jal Shakti, and it was launched by the Union Jal Shakti Minister to support scientific groundwater recharge planning.

Q762.InternationalMedium

Who led the Indian delegation during the signing of the Terms of Reference with Mexico?

  1. A.Foreign Secretary
  2. B.Commerce Secretary Rajesh Agrawal
  3. C.Finance Secretary
  4. D.Vice-Chairman of NITI Aayog
Show answer
Correct answer: B. Commerce Secretary Rajesh Agrawal

The discussions on bilateral relations and on widening trade and investment flows were held during his visit, and the Mexican side was represented by Luis Rosendo Gutierrez Romano, Undersecretary of Foreign Trade, who took part on behalf of Secretary of Economy Marcelo Ebrard Casaubon.

Q763.InternationalMedium

At which summit did the leaders of India and Mexico reach the understanding that led to these trade negotiations?

  1. A.BRICS Summit in South Africa
  2. B.G7 Summit in Canada
  3. C.G20 Summit in Brazil
  4. D.APEC Summit in Peru
Show answer
Correct answer: B. G7 Summit in Canada

The Prime Minister of India and the President of Mexico met on the sidelines of that summit in June 2025 and agreed to strengthen and deepen the partnership between the two countries; the Terms of Reference signed later are the direct result of that understanding.

Q765.NationalMedium

Which event is scheduled alongside the 14th International Tourism Mart and chaired by the Union Minister for Tourism and Culture?

  1. A.Regional Meeting of Tourism Ministers of the North Eastern States
  2. B.National Tourism Advisory Council meeting
  3. C.Meeting of the North Eastern Council
  4. D.Inter-State Council meeting on tourism
Show answer
Correct answer: A. Regional Meeting of Tourism Ministers of the North Eastern States

It is to be held on 30 October 2026 on the sidelines of the Mart at Tawang and will be chaired by the Union Minister for Tourism and Culture, giving the States a forum to discuss how tourism in the region can be strengthened and how they can cooperate better.

Q768.Summits & ConferencesMedium

According to the figures cited at ESTIC 2026, how many startups did India have in 2014?

  1. A.About 400
  2. B.About 4,000
  3. C.About 40,000
  4. D.About 1 crore
Show answer
Correct answer: A. About 400

Dr Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, cited the growth of the startup ecosystem from roughly 400 startups in 2014 to more than 2.3 lakh today, and added that an estimated 50 to 60 per cent of them are based in…

Q769.Summits & ConferencesMedium

Which Nobel laureate delivered the ESTIC 2026 plenary talk on cryo-electron microscopy in target discovery and drug design?

  1. A.Sir Richard J. Roberts
  2. B.Prof. Joachim Frank
  3. C.Prof. Ajay K. Sood
  4. D.Dr Tessy Thomas
Show answer
Correct answer: B. Prof. Joachim Frank

His plenary covered cryo-electron microscopy for target discovery and drug design, including the computational and mathematical frameworks used in high-resolution single-particle work and the three-dimensional visualisation of macromolecular complexes.

Q771.Summits & ConferencesEasy

Who inaugurated the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026?

  1. A.The President of India
  2. B.Prime Minister Narendra Modi
  3. C.Dr Jitendra Singh
  4. D.Prof. Ajay K. Sood
Show answer
Correct answer: B. Prime Minister Narendra Modi

He inaugurated ESTIC 2026 at Bharat Mandapam in New Delhi on the conclave's opening day and used his address to ask scientists, researchers and young innovators for outcomes that are concrete, measurable and able to be scaled, within an operating horizon of three years.

Q772.Indian EconomyAsked in: CDS · CDS-II 2024, GKEasy

Which of the following is not included in the Capital Account of the Balance of Payments of a country?

  1. A.Foreign Direct Investment
  2. B.Commercial Borrowing
  3. C.Invisibles
  4. D.External Assistance
Show answer
Correct answer: C. Invisibles

Invisibles are part of the current account of the balance of payments, not the capital account. The balance of payments records all of a country's transactions with the rest of the world and has two main parts.

Q773.Indian EconomyAsked in: NDA · NDA-II 2018, GATEasy

The Nehru-Mahalanobis Strategy of Development was implemented for the first time by which one of the following Five-Year Plans?

  1. A.First Five-Year Plan
  2. B.Second Five-Year Plan
  3. C.Third Five-Year Plan
  4. D.Seventh Five-Year Plan
Show answer
Correct answer: B. Second Five-Year Plan

The Second Plan (1956–61) was built on the model prepared by the statistician P. C. Mahalanobis, which gave priority to heavy and basic industries.

Q775.Indian EconomyAsked in: CDS · CDS-II 2024, GKHard

Consider the following statements : 1. An additional spending by the Government of ₹ X is likely to have less impact on income than an additional transfer of ₹ X to households. 2. An additional spending by the Government of ₹ X is likely to have less impact on income if it is not accompanied by an expansion in money supply. Which of the statements given above is/are correct ?

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
Show answer
Correct answer: B. 2 only

Government spending adds to income more than an equal transfer, and its effect is smaller when money supply is not expanded alongside it.

Q776.Indian EconomyAsked in: CDS · CDS-II 2022, GKEasy

Which one of the following central features is not associated with Capitalist Economy?

  1. A.There is generalised commodity production - it has market value.
  2. B.Productive wealth is held predominantly in private hands.
  3. C.Economic life is organised according to market principles.
  4. D.Economic organisation is based on planning, a supposedly rational process of resource allocation.
Show answer
Correct answer: D. Economic organisation is based on planning, a supposedly rational process of resource allocation.

Allocation of resources through central planning is the mark of a socialist or command economy, not a capitalist one. In a capitalist economy, the means of production such as land, factories and capital are owned mainly by private individuals and firms.

Q778.EconomyHard

The proposed India Ship Technology Center is intended to serve as a national platform for which of the following?

  1. A.Ship design, research, testing and training
  2. B.Registration of foreign-flagged vessels
  3. C.Auctioning of port concessions
  4. D.Marine insurance and claims settlement
Show answer
Correct answer: A. Ship design, research, testing and training

During the meeting with the President of the Korea Marine Equipment Research Institute, the minister described the centre as a national platform for exactly these functions, adding that testing and certification carried out within India, with Korean technical expertise, would help Indian-made marine equipment meet international standards and prepare Indian…

Q780.EconomyMedium

Which country reaffirmed support for India's bid to win European Union recognition for its ship-recycling yards?

  1. A.South Korea
  2. B.Cyprus
  3. C.Greece
  4. D.Malta
Show answer
Correct answer: B. Cyprus

Its Shipping Deputy Minister, Marina Hadjimanolis, met the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, at Busan and repeated her country's backing for India's effort to secure European Union recognition for eligible Indian ship-recycling facilities.

GK Questions for sub-exams