Banking GK Questions 2026

A central bank digital currency can settle payments directly between countries without the dollar or SWIFT, and it can be programmed with conditions on its use.

The RBI's FI-Index is built from these three sub-indices. The RBI introduced the Financial Inclusion Index in August 2021 to measure how far financial inclusion has spread across the country.

Bitcoin is a decentralised peer-to-peer currency that no central bank issues or tracks, and payments are made between addresses rather than named people.

The Service Area Approach, introduced by the RBI in 1989, worked within the framework of the Lead Bank Scheme to plan rural credit village by village.

In dropshipping the seller runs the shop and sets the price, while a supplier holds the stock and ships each order straight to the buyer.

Conservation agriculture rests on three principles: minimum soil disturbance, permanent soil cover and crop diversification through rotations.

Fertigation feeds dissolved fertiliser through drip or sprinkler lines, but it cannot use insoluble rock phosphate. Fertigation means applying fertilisers along with irrigation water, usually through a drip system, so that small doses reach the root zone exactly when the crop needs them.

Credit rating agencies in India are regulated by SEBI, not by the RBI, while statements 2 and 3 are true.

Disinvestment, small savings and market borrowing either create a liability for the government or reduce its assets, so they are capital receipts; interest received is a revenue receipt.

Retail core inflation is the rise in the Consumer Price Index after leaving out its two most volatile groups, food and beverages and fuel and light.

The Pakistani economist Mahbub-ul-Haq gave the concept of human development and launched the first Human Development Report for the UNDP in 1990.

A change in a good's own price, with everything else fixed, moves the buyer up or down the same demand curve.

The law of demand assumes buyers are not swayed by imitating others; the demonstration effect is in fact one of its exceptions.

Petrol is one of the petroleum products kept out of GST for now, so it still bears central excise duty and state VAT.

The FATF sets the international standards that countries follow to fight dirty money and terror funding. The FATF is an inter-governmental body set up in 1989 at the G7 summit in Paris, and its secretariat is housed at the OECD in Paris.

He was honoured at the Dushanbe event for his contribution to Hindi literature and education, including a detailed study of philology, and he is described as the first recipient of the Padma Shri from Tajikistan, which is the detail most likely to be asked.

The Defence Minister used this comparison in Dushanbe to show how far India has moved towards a less-paper and less-cash economy, and he described the country as a global hub for real-time digital payments.

Rajnath Singh said India has signed free trade agreements with that many countries, and he singled out the agreements with the United Kingdom and the European Union, which are expected to remove tariffs on 99 per cent of Indian exports to those two markets.

Speaking to the Indian diaspora in Dushanbe on 20 October 2026, the Defence Minister said defence exports had touched that record level, and in the same breath he put defence production at Rs 1.80 lakh crore, so the two figures are best learnt as a pair because an examiner can…

Niranjan Mukundan won the bronze in the Men’s 200m Individual Medley SM7 event at the Asian Para Games 2026 on 20 October 2026, and the individual medley is a swimming race in which one competitor covers the distance in four different strokes.