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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

Q1702.Government SchemesEasy

Where was the Shilp Samagam Mela 2026, which concluded on 20 October 2026, organised?

  1. A.Dasara Exhibition Grounds, Mysuru
  2. B.Dilli Haat, New Delhi
  3. C.Surajkund, Faridabad
  4. D.Bharat Mandapam, New Delhi
Show answer
Correct answer: A. Dasara Exhibition Grounds, Mysuru

The nine-day fair of the Ministry of Social Justice and Empowerment ran at that ground in Mysuru in Karnataka and closed on 20 October 2026, drawing thousands of visitors to the handicraft and handloom goods on sale.

Q1703.Government SchemesMedium

Which ministry organises Shilp Samagam Mela through its three national corporations?

  1. A.Ministry of Textiles
  2. B.Ministry of Culture
  3. C.Ministry of Social Justice and Empowerment
  4. D.Ministry of Micro, Small and Medium Enterprises
Show answer
Correct answer: C. Ministry of Social Justice and Empowerment

The mela is that ministry's marketing-support platform for artisans and beneficiaries linked to its three national corporations, namely the National Scheduled Castes Finance and Development Corporation, the National Safai Karamcharis Finance and Development Corporation and the National Backward Classes Finance and Development Corporation, known by the short forms NSFDC, NSKFDC…

Q1704.Government SchemesMedium

BHARAT-TULIP, the initiative promoted at Shilp Samagam Mela 2026, stands for which of the following?

  1. A.Traditional Artisans' Upliftment Livelihood Programme
  2. B.Tribal Upliftment and Local Industry Promotion
  3. C.Textile Units' Livelihood Improvement Plan
  4. D.Traditional Unified Loom Investment Programme
Show answer
Correct answer: A. Traditional Artisans' Upliftment Livelihood Programme

The ministry described BHARAT-TULIP as a key focus of the Guwahati mela, an initiative that takes the products of artisans from the target groups to buyers through physical outlets as well as e-commerce platforms.

Q1706.Indian EconomyAsked in: UPSC CAPF · CAPF 2024, Paper IEasy

What were the main reforms undertaken under the New Economic Policy of the early 1990s ? 1. Trade liberalization 2. Public Sector Disinvestment 3. Poverty Alleviation 4. Rapid industrialization Select the answer using the code given below :

  1. A.1 only
  2. B.3 and 4
  3. C.1 and 2
  4. D.2 and 4
Show answer
Correct answer: C. 1 and 2

The New Economic Policy of 1991 rested on liberalisation, privatisation and globalisation, and trade liberalisation and public sector disinvestment were among its main measures.

Q1707.Indian EconomyAsked in: UPSC CAPF · CAPF 2024, Paper IHard

Population of the year 2011 was first introduced in the tax devolution formula for sharing Union tax revenue with the States by

  1. A.Thirteenth Finance Commission
  2. B.Fifteenth Finance Commission
  3. C.Fourteenth Finance Commission
  4. D.Twelfth Finance Commission
Show answer
Correct answer: C. Fourteenth Finance Commission

Chaired by Y. V. Reddy, it brought the 2011 Census into the devolution formula for the first time, through a criterion called demographic change.

Q1708.Indian EconomyAsked in: UPSC CAPF · CAPF 2024, Paper IMedium

Consider the following statements regarding Public Goods and Externalities : 1. Non-rivalry and non-excludability are two characteristics of Public Goods 2. Market can provide the optimal amount of a good in the presence of externalities 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: A. 1 only

Public goods are non-rival and non-excludable, but externalities cause market failure, so the market does not supply the optimal amount.

Q1709.Science & TechnologyMedium

On the sidelines of which forum did Dr. Jitendra Singh make these remarks on nuclear energy and AI?

  1. A.World Economic Forum
  2. B.Raisina Dialogue
  3. C.Bloomberg Economy Forum 2026
  4. D.India Energy Week
Show answer
Correct answer: C. Bloomberg Economy Forum 2026

The correct answer is the Bloomberg Economy Forum 2026, on the sidelines of which the Union Minister spoke in an exclusive conversation about the peaceful character of India's nuclear programme and the power needs of an economy turning towards artificial intelligence.

Q1713.Summits & ConferencesMedium

Which two connectivity initiatives did Rajnath Singh name as able to link Central Asia with broader markets?

  1. A.The Suez Canal and Gwadar Port
  2. B.The International North-South Transport Corridor and Chabahar Port
  3. C.The Belt and Road Initiative and Colombo Port
  4. D.The Trans-Siberian Railway and Vladivostok Port
Show answer
Correct answer: B. The International North-South Transport Corridor and Chabahar Port

Underlining that connectivity underpins shared prosperity, the Raksha Mantri said India supports initiatives that link markets, make trade easier and open fresh avenues for development, and he named these two as able to contribute significantly to connecting Central Asia with wider markets.

Q1715.Summits & ConferencesMedium

India supported an SCO Action Plan for the Multilateral Trade and Economic Cooperation Programme for which period?

  1. A.2024-2028
  2. B.2025-2029
  3. C.2026-2030
  4. D.2027-2031
Show answer
Correct answer: C. 2026-2030

Speaking at the meeting, the Raksha Mantri reaffirmed India's support for adopting an Action Plan for the Multilateral Trade and Economic Cooperation Programme for exactly that span, and the plan went on to form part of the Joint Communique that the heads of delegation adopted.

Q1717.EnvironmentMedium

Over which period is the Green Diwali Campaign being run?

  1. A.1 October to 31 October 2026
  2. B.20 October to 8 November 2026
  3. C.20 October to 20 November 2026
  4. D.8 October to 8 November 2026
Show answer
Correct answer: B. 20 October to 8 November 2026

The nationwide drive opened on 20 October 2026 and continues to 8 November 2026, a window chosen so that it covers the days before the festival, when firecrackers are bought, as well as the days after it, when air quality usually stays poor.

Q1718.EnvironmentEasy

The Green Diwali Campaign has been aligned with which national mission?

  1. A.Mission LiFE
  2. B.Swachh Bharat Mission
  3. C.National Hydrogen Mission
  4. D.Mission Amrit Sarovar
Show answer
Correct answer: A. Mission LiFE

Citizens have been asked to celebrate a clean and green Diwali in line with this mission, whose approach is to change everyday habits rather than wait for large interventions, and the pledge items follow from it directly: no firecrackers, earthen diyas and energy-efficient lights, no single-use plastic, waste segregated at…

Q1720.EnvironmentEasy

Which body launched the nationwide Green Diwali Campaign with support from the Union Ministry of Environment, Forest and Climate Change?

  1. A.Central Pollution Control Board
  2. B.WWF-India's Programme Centre - Resource Partner (EIACP)
  3. C.National Green Tribunal
  4. D.Botanical Survey of India
Show answer
Correct answer: B. WWF-India's Programme Centre - Resource Partner (EIACP)

The campaign was launched by this centre of WWF-India, working with the support of the Union Ministry of Environment, Forest and Climate Change, and it runs from 20 October to 8 November 2026.

GK Questions for sub-exams