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GK24

IBPS GK Questions 2026

Static GK in IBPS exams means banking awareness first. The awareness tests of PO, Clerk and RRB Mains name banking, economy, financial and digital awareness, and the questions that return every year are about the RBI and its functions, the monetary policy tools (repo, SDF, MSF, CRR, SLR), types of banks and accounts, NPAs, Basel norms, priority sector lending, payment systems such as UPI, NEFT, RTGS and IMPS, deposit insurance, financial inclusion schemes, and the regulators SEBI, IRDAI and PFRDA and institutions such as NABARD and SIDBI. Headquarters and taglines of banks, capitals and currencies, national parks, dams and important days appear too, though with a smaller share than in SSC. This page holds GK24's topic-wise GK notes for banking exams, written as short facts and tables so that a topic can be revised in one sitting, with the terms and abbreviations that IBPS papers use. Read a topic, then solve its previous-year questions and quiz on this site to check what you retained, and come back to the notes for the facts you missed.

IBPS GK Questions with Answers

Q2001.Indian EconomyMedium

Consolidation of holdings in India has been most successful in which group of states?

  1. A.Kerala and Tamil Nadu
  2. B.Punjab, Haryana and western Uttar Pradesh
  3. C.Odisha and West Bengal
  4. D.Assam and Tripura
Show answer
Correct answer: B. Punjab, Haryana and western Uttar Pradesh

These states made consolidation compulsory and completed it over most of their cultivated area, exchanging a farmer's scattered strips for one compact block, which made tube wells, tractors and field channels worth installing and so fed into the green revolution.

Q2002.Indian EconomyMedium

Under the Constitution, land and land tenures fall in which legislative list?

  1. A.Union List
  2. B.State List
  3. C.Concurrent List
  4. D.Residuary powers of Parliament
Show answer
Correct answer: B. State List

Land, rights in and over land, land tenures, the relation of landlord and tenant, and the collection of rent are entries of List II of the Seventh Schedule, which is why zamindari abolition, tenancy law and ceilings were enacted state by state and why their record varies so much.

Q2003.Indian EconomyMedium

The Bhoodan movement was started in 1951 by whom and at which place?

  1. A.Jayaprakash Narayan at Sitabdiara
  2. B.Vinoba Bhave at Pochampally
  3. C.Mahatma Gandhi at Sevagram
  4. D.N.G. Ranga at Guntur
Show answer
Correct answer: B. Vinoba Bhave at Pochampally

Walking through the villages of the Telangana region in 1951 he asked landowners to treat the landless as their own kin and to gift a share of their land, and the first such gift at Pochampally began the Bhoodan or land gift movement, later extended as Gramdan, the gift of…

Q2004.Indian EconomyMedium

Operation Barga, the programme to record and protect sharecroppers, was carried out in which state?

  1. A.Kerala
  2. B.West Bengal
  3. C.Bihar
  4. D.Maharashtra
Show answer
Correct answer: B. West Bengal

From 1978 the state government ran a campaign to enter the names of sharecroppers, known there as bargadars, in official records, which gave them a permanent and heritable right to cultivate and a legally fixed share of the crop, and it is quoted as the most effective tenancy reform in…

Q2005.Indian EconomyMedium

Which amendment of the Constitution added the Ninth Schedule in order to protect land reform laws from challenge?

  1. A.First Amendment, 1951
  2. B.Fourth Amendment, 1955
  3. C.Seventeenth Amendment, 1964
  4. D.Forty-fourth Amendment, 1978
Show answer
Correct answer: A. First Amendment, 1951

Courts had begun to strike down zamindari abolition laws as a breach of the right to property, so Parliament inserted Articles 31A and 31B and created the Ninth Schedule, in which a law can be placed to put it beyond challenge on the ground that it takes away a fundamental…

Q2006.Indian EconomyMedium

The Ryotwari system of land revenue is associated chiefly with which official?

  1. A.Holt Mackenzie
  2. B.Thomas Munro
  3. C.John Shore
  4. D.Lord Cornwallis
Show answer
Correct answer: B. Thomas Munro

Working with Alexander Read in the ceded districts and later as Governor of Madras, Munro settled the revenue directly with each cultivator, the ryot, who was recognised as the owner of his field so long as he paid, with the demand revised every twenty or thirty years.

Q2009.Reports & IndicesEasy

According to the CII white paper, what size should India's media and entertainment sector reach by the early 2030s?

  1. A.$50 billion
  2. B.$75 billion
  3. C.$100 billion
  4. D.$250 billion
Show answer
Correct answer: C. $100 billion

The white paper released by the Confederation of Indian Industry outlines a roadmap for India's media and entertainment sector to reach that size by the early 2030s, and it argues that faster reforms, stronger regional markets and measurable implementation are what would get the sector there.

Q2011.InternationalHard

In the 114th Development Committee Plenary, India sought closer collaboration among which three World Bank Group institutions?

  1. A.IBRD, IFC and MIGA
  2. B.IBRD, IDA and IMF
  3. C.IFC, ICSID and ADB
  4. D.MIGA, IDA and AIIB
Show answer
Correct answer: A. IBRD, IFC and MIGA

In her statement the Finance Minister encouraged stronger collaboration among these three arms and pressed for the World Bank Group Guarantee Platform to be operationalised faster, pointing out that developing economies are constrained by a shortage of risk capital and that guarantees and risk mitigation instruments are among the most…

Q2012.InternationalMedium

What was the agenda of the 114th Development Committee Plenary that India addressed?

  1. A.Debt Sustainability and Climate Finance
  2. B.Private Capital Mobilisation and Jobs
  3. C.Food Security and Rural Credit
  4. D.Digital Public Infrastructure and Trade
Show answer
Correct answer: B. Private Capital Mobilisation and Jobs

That was the stated agenda of the plenary, and India's intervention was delivered on precisely this topic, arguing that productive and better paid employment is the most effective pathway to cutting poverty and spreading prosperity.

Q2014.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2024, GS Paper IMedium

With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of :

  1. A.Bond market
  2. B.Forex market
  3. C.Money market
  4. D.Stock market
Show answer
Correct answer: C. Money market

CBLO was a short-term borrowing and lending instrument backed by government securities, which places it in the money market. The money market deals in funds lent for short periods, from overnight up to one year, through instruments such as call money, treasury bills, commercial paper, certificates of deposit and repos.

Q2015.Banking & Financial AwarenessAsked in: UPSC Civil Services · CSE Prelims 2018, GS Paper IMedium

With reference to digital payments, consider the following statements : 1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account. 2. While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication. 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

BHIM can send money to anyone who has a UPI-linked bank account, but a chip-and-PIN debit card does not use four factors of authentication.

Q2016.InternationalEasy

The vision of Viksit Bharat @2047, referred to at the session, looks to India becoming a developed nation by which landmark?

  1. A.The centenary of the Constitution coming into force
  2. B.The centenary of Indian Independence
  3. C.The seventy-fifth year of the Republic
  4. D.The bicentenary of the first Indian railway line
Show answer
Correct answer: B. The centenary of Indian Independence

The vision of Viksit Bharat @2047, articulated by Prime Minister Narendra Modi, envisages India as a developed nation by the hundredth year of its Independence, and the session on roads was explicitly aligned with it through the goals of supporting economic growth, improving connectivity, strengthening logistics efficiency and widening access…

Q2017.InternationalMedium

Which two ministries, besides the Ministry of Road Transport and Highways, took active part in the India-Japan Joint Working Group session on roads?

  1. A.Ministry of Railways and Ministry of Power
  2. B.Ministry of Shipping and Ministry of Civil Aviation
  3. C.Ministry of Finance and Ministry of Commerce
  4. D.Ministry of Housing and Ministry of Environment
Show answer
Correct answer: A. Ministry of Railways and Ministry of Power

Their presence is logical rather than ceremonial, because a highway alignment, a railway corridor and a power transmission line often compete for the same land and the same clearances, so decisions taken on one affect the others.

Q2019.Science & TechnologyMedium

Which of the following best describes how a computed tomography scanner produces its images?

  1. A.Strong magnetic fields align hydrogen nuclei in the body
  2. B.High frequency sound waves are reflected off tissue
  3. C.A rotating X-ray system with digital detectors, reconstructed by computer algorithms
  4. D.Radioactive tracers injected into the bloodstream are tracked
Show answer
Correct answer: C. A rotating X-ray system with digital detectors, reconstructed by computer algorithms

In a computed tomography machine the X-ray source turns around the patient while detectors record the radiation that passes through, and software then assembles those readings into cross-sectional pictures of the structures inside the body.

Q2020.Science & TechnologyMedium

Which company has been supported for the development of an indigenous 32-slice CT scanner?

  1. A.Panacea Medical Technologies Private Limited
  2. B.Bharat Electronics Limited
  3. C.Hindustan Antibiotics Limited
  4. D.HLL Lifecare Limited
Show answer
Correct answer: A. Panacea Medical Technologies Private Limited

Building on its strength in high precision imaging, the firm has taken up the design, development and deployment of a diagnostic scanner, and the agreement with the Board will fund that effort through to commercial sale.