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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

Q1581.Important DaysMedium

The theatrical play to be presented before the Prime Minister at Rashtriya Ekta Diwas 2026 is based on which novel?

  1. A.Durgeshnandini
  2. B.Anandamath
  3. C.Devdas
  4. D.Gora
Show answer
Correct answer: B. Anandamath

The Union Home Secretary said that the play, curated by the National School of Drama and staged before the Prime Minister, takes Anandamath as its theme this year because it is the year of Vande Mataram, and that it rests on the novel's enduring idea that every Indian carries a…

Q1583.Summits & ConferencesMedium

India's chemical industry is projected to reach which size by 2030?

  1. A.USD 150 billion
  2. B.USD 300 billion
  3. C.USD 500 billion
  4. D.USD 850 billion
Show answer
Correct answer: B. USD 300 billion

The industry is projected to reach that size by 2030 and to grow to USD 1 trillion by 2040, supported by rising demand, export opportunities, a demographic dividend, relatively low per capita consumption and enabling government initiatives.

Q1584.Summits & ConferencesMedium

What is the theme of the 14th India Chem 2026?

  1. A.Chemicals for a Green Tomorrow
  2. B.Make in India, Make for the World
  3. C.Advantage Bharat: An Emerging Global Chemicals Hub
  4. D.Sustainable Petrochemicals for Viksit Bharat
Show answer
Correct answer: C. Advantage Bharat: An Emerging Global Chemicals Hub

Under this theme the three-day event at the Bombay Exhibition Centre, NESCO, in Mumbai will display the country's industrial capabilities, investment opportunities and emerging technologies, and position India as a global manufacturing and sourcing destination.

Q1586.EnvironmentHard

Which technology, introduced in India through Namami Gange, uses fixed artificial media and plant roots and has operational plants at Bhatpara and Prayagraj?

  1. A.Food Chain Reactor
  2. B.Johkasou
  3. C.Electrocoagulation
  4. D.Upflow Anaerobic Sludge Blanket
Show answer
Correct answer: A. Food Chain Reactor

This technology was brought to India through the programme and improves upon the activated sludge process and the sequential batch reactor by adding fixed artificial media and plant roots, which gives it a smaller footprint, lower power use and nutrient removal.

Q1591.ObituariesEasy

Thiru Vummidi Ethiraj, whose death was mourned by the Prime Minister, is remembered for crafting which object?

  1. A.The Ashoka Pillar replica
  2. B.The Sengol
  3. C.The Amrit Kalash
  4. D.The Rashtrapati Bhavan mace
Show answer
Correct answer: B. The Sengol

The Prime Minister said that Thiru Vummidi Ethiraj would always be remembered for his effort in crafting the historic sceptre that was presented to former Prime Minister Jawaharlal Nehru, and that in 2023 the government had the honour of giving it a place of pride in the new Parliament building.

Q1592.DefenceMedium

The procurement of the Improved Low Level Light Weight Radar has been linked to which national vision?

  1. A.Viksit Bharat @2047
  2. B.Mission Karmayogi
  3. C.Digital India 2030
  4. D.Smart Cities Mission
Show answer
Correct answer: A. Viksit Bharat @2047

The Ministry of Defence stated that the purchase aligns with the government's vision of a developed India and is a significant step towards indigenisation of air defence platforms, giving a boost to the domestic defence manufacturing ecosystem, including micro, small and medium enterprises, and helping build a resilient, self-reliant and…

Q1594.DefenceEasy

With which company did the Ministry of Defence sign the contract for Improved Low Level Light Weight Radars?

  1. A.Hindustan Aeronautics Limited
  2. B.Bharat Electronics Limited
  3. C.Bharat Dynamics Limited
  4. D.Bharat Earth Movers Limited
Show answer
Correct answer: B. Bharat Electronics Limited

The Ministry of Defence signed the contract with BEL to procure the Improved Low Level Light Weight Radar for the Indian Army at a cost of about Rs 770 crore, in the presence of the Defence Secretary in New Delhi.

Q1596.Indian EconomyAsked in: CDS · CDS-II 2025, GKMedium

Which one among the following pairs of type of firm and feature is not correctly matched ?

  1. A.Oligopoly firm : Interdependence in decision-making
  2. B.Monopolistic competitive firm : Firm is a price setter
  3. C.Monopoly firm : Produces an efficient level of output
  4. D.Perfectly competitive firm : Produces socially optimum output
Show answer
Correct answer: C. Monopoly firm : Produces an efficient level of output

A monopolist restricts output and charges a higher price, so it does not produce the efficient level of output. A monopoly is a single seller of a product with no close substitutes and strong barriers to entry.

Q1597.Indian EconomyAsked in: CDS · CDS-I 2020, GKEasy

Which one of the following is not an objective of the MGNREGA?

  1. A.Providing up to 100 days of skilled labour in a financial year
  2. B.Creation of productive assets
  3. C.Enhancing livelihood security
  4. D.Ensuring empowerment to women
Show answer
Correct answer: A. Providing up to 100 days of skilled labour in a financial year

The Act guarantees at least 100 days of unskilled manual work, not skilled labour.

Q1598.Indian EconomyAsked in: CDS · CDS-II 2021, GKEasy

Which one of the following is the opportunity cost of a chosen activity ?

  1. A.Out of pocket cost
  2. B.Out of pocket cost plus cost incurred by the Government
  3. C.Value of all opportunities forgone
  4. D.Value of next best alternative that is given up
Show answer
Correct answer: D. Value of next best alternative that is given up

Opportunity cost is what you sacrifice by choosing one option, measured by the best option you did not take. Because resources such as time, money and land are scarce, choosing one use means giving up others.

Q1600.Indian EconomyAsked in: CDS · CDS-II 2026, GKMedium

Which one of the following best explains the "crowding-in effect" observed in India ?

  1. A.Reduction in private sector borrowing
  2. B.Public investment leading to increase in private investment
  3. C.Decline in fiscal deficit
  4. D.Increase in imports due to higher demand
Show answer
Correct answer: B. Public investment leading to increase in private investment

Crowding-in means that government spending pulls private investment in rather than pushing it out. When the government builds roads, railways, ports and power lines, it lowers the cost of doing business and raises demand for cement, steel and machinery.

GK Questions for sub-exams