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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

Q1781.SportsMedium

What made Soumya's win in the women's 1500m T12/13 at the Asian Para Games 2026 notable?

  1. A.She won on her debut at the Games and clocked a personal best
  2. B.She set a new world record in the final
  3. C.She won a second gold in the same event
  4. D.She ran the race without a guide runner
Show answer
Correct answer: A. She won on her debut at the Games and clocked a personal best

Soumya was appearing at the Asian Para Games for the first time, and the run that won the women's 1500m T12/13 gold medal was also the fastest she had managed over the distance, which is why the Prime Minister's Office described it as a golden debut.

Q1786.EconomyEasy

Which method of concealment was used to disguise the smuggled gold as something other than gold?

  1. A.Gold wires coated with rhodium
  2. B.Gold coins sewn into shoe soles
  3. C.Gold dust mixed with tea leaves
  4. D.Gold sheets hidden in book covers
Show answer
Correct answer: A. Gold wires coated with rhodium

The investigation found that the carriers drew the metal into thin wires and gave them a rhodium coating, which hides the colour of gold, and the same passengers also fitted gold into the inner linings of their trolley bags and carried gold paste inside the inner shells of those bags.

Q1788.EconomyMedium

Under which law were the three persons arrested in the DRI's Gujarat gold smuggling case?

  1. A.The Customs Act, 1962
  2. B.The NDPS Act, 1985
  3. C.The Gold Control Act, 1968
  4. D.The Foreign Exchange Management Act, 1999
Show answer
Correct answer: A. The Customs Act, 1962

Gold brought into the country without declaration and without payment of duty is smuggled goods, so the three arrests in this case, which covered dealings in 13.017 kg of foreign-origin gold valued at about Rs 19.41 crore, were made under that Act.

Q1789.NationalMedium

Which appellate body dismissed Dial4Trade's appeal against the CCPA order on Ammonium Nitrate listings?

  1. A.National Consumer Disputes Redressal Commission
  2. B.National Green Tribunal
  3. C.Competition Commission of India
  4. D.Securities Appellate Tribunal
Show answer
Correct answer: A. National Consumer Disputes Redressal Commission

Dial4Trade was fined 10 lakh rupees and directed to stop listing Ammonium Nitrate and other explosive substances on its platform; the company challenged that order before the NCDRC under Section 24 of the Consumer Protection Act, the parties were heard on 9 October 2026 and the appeal was dismissed.

Q1790.NationalMedium

Which organisation issues the licence required to deal lawfully in Ammonium Nitrate and PETN in India?

  1. A.Bureau of Indian Standards (BIS)
  2. B.Petroleum and Explosives Safety Organisation (PESO)
  3. C.Food Safety and Standards Authority of India (FSSAI)
  4. D.Central Consumer Protection Authority (CCPA)
Show answer
Correct answer: B. Petroleum and Explosives Safety Organisation (PESO)

Substances such as Ammonium Nitrate, Gun Powder, Picric Acid and PETN are classed as explosives, their sale and purchase need the prescribed licence, and an online platform is expected to disclose the valid PESO licence details of a seller and to verify that the buyer holds a licence before a…

Q1792.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2018, GS Paper IMedium

Despite being a high saving economy, capital formation may not result in significant increase in output due to

  1. A.weak administrative machinery
  2. B.illiteracy
  3. C.high population density
  4. D.high capital-output ratio
Show answer
Correct answer: D. high capital-output ratio

When the capital-output ratio is high, a large amount of investment produces only a small rise in output. The capital-output ratio, or incremental capital-output ratio (ICOR), tells how many units of capital are needed to produce one extra unit of output.

Q1793.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2020, GS Paper IMedium

With reference to the Indian economy, consider the following statements:

1. 'Commercial Paper' is a short-term unsecured promissory note.

2. 'Certificate of Deposit' is a long-term instrument issued by the Reserve Bank of India to a corporation.

3. 'Call Money' is a short-term finance used for interbank transactions.

4. 'Zero-Coupon Bonds' are the interest bearing short-term bonds issued by the Scheduled Commercial Banks to corporations.

Which of the statements given above is/are correct?

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

Commercial paper and call money are correctly described; the statements on certificates of deposit and zero-coupon bonds are wrong. Commercial paper is an unsecured promissory note issued by companies to raise short-term funds, usually for 7 days to one year.

Q1795.NationalMedium

During which period was the Swachhata Hi Seva 2026 campaign of the Ministry of Petroleum and Natural Gas held?

  1. A.2 September to 17 October 2026
  2. B.17 September to 2 October 2026
  3. C.1 September to 30 September 2026
  4. D.2 October to 31 October 2026
Show answer
Correct answer: B. 17 September to 2 October 2026

The ministry, its central public sector enterprises and its attached offices took part in the campaign across this fortnight, which began with a pledge-taking ceremony administered by the Secretary (Petroleum and Natural Gas) at Kartavya Bhawan-3 in New Delhi on the opening day and closed on Swachh Bharat Diwas.

Q1797.Government SchemesHard

How much investment has been made in the hilly states under the Pradhan Mantri Matsya Sampada Yojana for coldwater fisheries infrastructure?

  1. A.Over Rs 299 crore
  2. B.Over Rs 1,299 crore
  3. C.Over Rs 2,299 crore
  4. D.Over Rs 3,299 crore
Show answer
Correct answer: C. Over Rs 2,299 crore

That is the investment made in the hilly states under the Pradhan Mantri Matsya Sampada Yojana to strengthen raceways, hatcheries, feed systems, cold storages and post-harvest infrastructure for coldwater fisheries.

GK Questions for sub-exams