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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

Q2181.Government SchemesEasy

Under which scheme have Advanced Chemicals, Petrochemicals and Material Technologies been made eligible for funding?

  1. A.Production Linked Incentive Scheme
  2. B.Research, Development and Innovation Scheme
  3. C.Promotion of Research and Innovation in Pharma MedTech Sector
  4. D.National Manufacturing Mission
Show answer
Correct answer: B. Research, Development and Innovation Scheme

The Government of India added Advanced Chemicals, Petrochemicals and Material Technologies as an extra technology area that can draw funding under this scheme, the change applying from 8 October 2026.

Q2183.Science & TechnologyMedium

Which team won the first prize at the AI for Good Build-a-thon 5.0?

  1. A.Team SNR
  2. B.Team Agentnet
  3. C.Team Netaxis, RVCE Bangalore
  4. D.Team Nethealers
Show answer
Correct answer: C. Team Netaxis, RVCE Bangalore

The correct answer is Team Netaxis of RVCE Bangalore, which won for an entry on context aware agentic orchestration of quality of service and adaptive security in resource constrained 5G. Option A is wrong because Team SNR took the second prize, for work on knowledge-grounded retrieval, deterministic constraint validation and…

Q2184.Science & TechnologyEasy

What was the theme of the AI for Good Build-a-thon 5.0 held at India Mobile Congress 2026?

  1. A.Agentic AI for Digital Bharat
  2. B.Creating innovative agents in 5G
  3. C.AI for Inclusive Connectivity
  4. D.Standards First, AI Next
Show answer
Correct answer: B. Creating innovative agents in 5G

The Build-a-thon was organised by the Department of Telecommunications of the Ministry of Communications along with the International Telecommunication Union, and was held on the closing day of India Mobile Congress 2026 at Yashobhoomi in New Delhi.

Q2185.InternationalMedium

Where will the next meeting of the India-Brunei Darussalam Joint Trade Committee be held?

  1. A.New Delhi
  2. B.Brunei Darussalam
  3. C.Singapore
  4. D.Jakarta
Show answer
Correct answer: B. Brunei Darussalam

At the close of the third meeting both sides agreed that the next round of the Joint Trade Committee would be convened there, and that the nodal agencies and working groups concerned would remain in regular communication in the meantime to monitor follow-up action and advance the trade and investment…

Q2186.InternationalMedium

Which sectors were identified as key areas for further India-Brunei cooperation at the meeting?

  1. A.Textiles, leather and gems
  2. B.Pharmaceuticals, healthcare and energy
  3. C.Defence, space and shipping
  4. D.Fisheries, mining and railways
Show answer
Correct answer: B. Pharmaceuticals, healthcare and energy

On the first two the two sides examined regulatory collaboration, procurement and healthcare services, recognising the scope for much greater engagement between them.

Q2188.Reports & IndicesHard

The highlights of which two surveys are presented in the 121st issue of Sarvekshana?

  1. A.Annual Survey of Industries and the Consumer Expenditure Survey
  2. B.Annual Survey of Unincorporated Sector Enterprises 2025 and Periodic Labour Force Survey 2025
  3. C.National Family Health Survey and the Periodic Labour Force Survey
  4. D.Household Consumption Expenditure Survey and the Economic Census
Show answer
Correct answer: B. Annual Survey of Unincorporated Sector Enterprises 2025 and Periodic Labour Force Survey 2025

Both were conducted by the National Sample Survey and both cover January to December 2025, and the inclusion of their highlights gives readers a view of the unincorporated enterprise sector and of trends in the labour market.

Q2189.Reports & IndicesMedium

Which body released the 121st issue of Sarvekshana?

  1. A.National Statistical Commission
  2. B.National Statistical Systems Training Academy
  3. C.Central Statistics Office
  4. D.National Sample Survey Office
Show answer
Correct answer: B. National Statistical Systems Training Academy

Through the continued publication of this journal the academy encourages research in official statistics, promotes wider application of statistical data and methodological innovation, and strengthens the analytical foundation of evidence-based policymaking.

Q2192.Important DaysMedium

Which purity grades of silver are covered by the BIS Silver Refinery Scheme announced on World Standards Day 2026?

  1. A.995.0, 990.0 and 985.0 parts per thousand
  2. B.999.9, 999.5 and 999.0 parts per thousand
  3. C.916, 875 and 750 parts per thousand
  4. D.999.99 and 999.95 parts per thousand only
Show answer
Correct answer: B. 999.9, 999.5 and 999.0 parts per thousand

These three grades of fine silver bullion and coins were brought within the scope of the standard after the gazette notification of Amendment No. 1 to IS 2112:2025, which deals with silver and silver alloys, jewellery and artefacts, their fineness and their marking.

Q2193.Important DaysEasy

What was the theme of World Standards Day 2026?

  1. A.Shared Vision for a Better World: SDG 7 (Clean & Affordable Energy)
  2. B.Standards for Climate Resilient Infrastructure
  3. C.Quality for a Self-Reliant India
  4. D.Standards for a Digital Decade
Show answer
Correct answer: A. Shared Vision for a Better World: SDG 7 (Clean & Affordable Energy)

This was the theme announced for the national celebration held in New Delhi, and it shaped the day's announcements: the Bureau of Indian Standards released standards on clean energy mobility, including one for electric vehicle charging cables and another for pedal assisted bicycles, and the Union Minister for Consumer Affairs…

Q2194.Books & AuthorsMedium

Dr. Ananda Shankar Jayant, author of ‘Dancing with Joy’, belonged to which civil service?

  1. A.Indian Administrative Service
  2. B.Indian Revenue Service
  3. C.Indian Railway Traffic Service
  4. D.Indian Information Service
Show answer
Correct answer: C. Indian Railway Traffic Service

Besides being a renowned classical dancer and author, she served as an officer of that service, and this detail is the kind of cross-link a paper setter likes, because it ties a book release to the services list.

Q2197.EconomyMedium

Which societies are covered in the initial phase of MSCARO, 2026?

  1. A.Those crossing Rs 100 crore
  2. B.Those crossing Rs 250 crore
  3. C.Those crossing Rs 1,000 crore
  4. D.All registered societies from the first day
Show answer
Correct answer: C. Those crossing Rs 1,000 crore

Implementation has deliberately been made phased, and the first phase covers larger societies that cross this threshold in the relevant financial parameters, so that smaller institutions have extra time to strengthen their internal systems and processes before the enhanced reporting reaches them.

Q2198.EconomyHard

Under which provision has the Central Government been empowered to prescribe auditing and accounting standards for Multi-State Cooperative Societies?

  1. A.Section 73(6) of the Multi-State Co-operative Societies (Amendment) Act, 2023
  2. B.Section 35 of the Banking Regulation Act, 1949
  3. C.Section 143 of the Companies Act, 2013
  4. D.Article 243ZH of the Constitution
Show answer
Correct answer: A. Section 73(6) of the Multi-State Co-operative Societies (Amendment) Act, 2023

That amendment gave the Central Government the power to prescribe auditing and accounting standards for these societies, and the new audit reporting order has been formulated in pursuance of the provision.

Q2199.EconomyEasy

MSCARO, 2026 mandated by the Ministry of Cooperation relates to which subject?

  1. A.Election of office bearers in cooperative banks
  2. B.Statutory audit reporting by Multi-State Cooperative Societies
  3. C.Registration of new primary agricultural credit societies
  4. D.Minimum capital norms for urban cooperative banks
Show answer
Correct answer: B. Statutory audit reporting by Multi-State Cooperative Societies

MSCARO stands for the Multi-State Co-operative Societies (Auditor’s Report) Order, and the version mandated now creates a uniform, structured and risk-based framework in which auditors report on financial, administrative, governance and statutory compliance parameters through a standard format with clear Yes or No answers and remarks.

Q2200.NationalMedium

Which price of sugar is the committee asked to examine for revision?

  1. A.The retail ceiling price of sugar
  2. B.The export floor price of sugar
  3. C.The ex-mill Minimum Selling Price of sugar
  4. D.The levy sugar price for ration shops
Show answer
Correct answer: C. The ex-mill Minimum Selling Price of sugar

The committee has been asked to examine the demand for revising this price in the light of the cost of producing sugar, what mills actually realise in the market, and the financial viability of the mills themselves.