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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

Q1945.Art & CultureMedium

Which Indian product was the first to be registered under the Geographical Indications of Goods Act, 1999?

  1. A.Hyderabadi haleem
  2. B.Darjeeling tea
  3. C.Bikaneri bhujia
  4. D.Tirupati laddu
Show answer
Correct answer: B. Darjeeling tea

Darjeeling tea of West Bengal was the first Indian product to be registered under the Geographical Indications of Goods, Registration and Protection, Act of 1999, and its logo of a woman holding a tea leaf is the mark of the Tea Board of India.

Q1948.Art & CultureMedium

The Mahaprasad, cooked in stacked earthen pots and sold in the Ananda Bazaar, is the food offering of which temple?

  1. A.Venkateswara temple, Tirupati
  2. B.Jagannath temple, Puri
  3. C.Somnath temple, Veraval
  4. D.Kashi Vishwanath temple, Varanasi
Show answer
Correct answer: B. Jagannath temple, Puri

The Mahaprasad of Puri is cooked in the temple's Rosaghara in unglazed earthen pots stacked one above the other over wood fires, so that the pot on top is said to cook first, and it is then offered to the deities and sold to pilgrims in the Ananda Bazaar within…

Q1953.Indian PolityMedium

Which Prime Minister of India remained a member of the Rajya Sabha throughout his tenure?

  1. A.P. V. Narasimha Rao
  2. B.Manmohan Singh
  3. C.I. K. Gujral
  4. D.H. D. Deve Gowda
Show answer
Correct answer: B. Manmohan Singh

He was Prime Minister from May 2004 to May 2014 and sat in the Rajya Sabha for the whole of those ten years, which is permitted because Article 75 requires only that a Minister be a member of either House within six months; he was also the first Sikh to…

Q1954.Indian PolityHard

By which Constitutional Amendment was the size of the Council of Ministers limited to fifteen per cent of the strength of the Lok Sabha?

  1. A.Seventy-third Amendment
  2. B.Eighty-sixth Amendment
  3. C.Ninety-first Amendment
  4. D.Ninety-seventh Amendment
Show answer
Correct answer: C. Ninety-first Amendment

The Constitution (Ninety-first Amendment) Act of 2003 inserted Article 75(1A), which caps the total number of Ministers in the Union Council of Ministers, including the Prime Minister, at fifteen per cent of the total number of members of the Lok Sabha, and Article 164(1A) does the same for a State…

Q1955.Indian PolityHard

Which Prime Minister of India was the first to lose a vote of confidence in the Lok Sabha?

  1. A.Morarji Desai
  2. B.Charan Singh
  3. C.V. P. Singh
  4. D.Chandra Shekhar
Show answer
Correct answer: C. V. P. Singh

His National Front government lost the confidence motion in the Lok Sabha in November 1990 after the Bharatiya Janata Party withdrew support, and he resigned, becoming the first Prime Minister to be removed by a vote of the House rather than by resignation or an election.

Q1956.Indian PolityMedium

Who is the only person to have acted as Prime Minister of India twice?

  1. A.Gulzari Lal Nanda
  2. B.Chandra Shekhar
  3. C.Charan Singh
  4. D.Jagjivan Ram
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Correct answer: A. Gulzari Lal Nanda

As the senior most Minister he was sworn in to hold charge after the death of Nehru in May 1964 and again after the death of Shastri in January 1966, each time for thirteen days, until the ruling party elected a new leader; the Constitution itself makes no provision for…

Q1957.Indian PolityEasy

Who was the first non-Congress Prime Minister of India?

  1. A.Charan Singh
  2. B.Morarji Desai
  3. C.V. P. Singh
  4. D.Atal Bihari Vajpayee
Show answer
Correct answer: B. Morarji Desai

After the general election of 1977, held at the end of the Emergency, the Janata Party formed the government and Morarji Desai became the first Prime Minister from outside the Congress, taking office on 24 March 1977 at the age of eighty one, which also makes him the oldest to…

Q1958.Indian PolityMedium

Under which Article is it the duty of the Prime Minister to communicate to the President the decisions of the Council of Ministers?

  1. A.Article 76
  2. B.Article 77
  3. C.Article 78
  4. D.Article 79
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Correct answer: C. Article 78

It makes it the duty of the Prime Minister to communicate to the President all decisions of the Council of Ministers relating to the administration of the Union and proposals for legislation, to furnish such information as the President may call for, and to submit for the consideration of the…

Q1959.Indian PolityEasy

Which Article of the Constitution provides for the appointment of the Prime Minister by the President?

  1. A.Article 72
  2. B.Article 74
  3. C.Article 75
  4. D.Article 78
Show answer
Correct answer: C. Article 75

Article 75(1) states that the Prime Minister shall be appointed by the President and the other Ministers shall be appointed by the President on the advice of the Prime Minister; the same Article carries the fifteen per cent ceiling on the size of the Council, collective responsibility to the Lok…

GK Questions for sub-exams