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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

Q2201.NationalMedium

Representatives of sugarcane farmers from which two States met the Union Ministers before the committee was constituted?

  1. A.Uttar Pradesh and Bihar
  2. B.Karnataka and Maharashtra
  3. C.Punjab and Haryana
  4. D.Tamil Nadu and Andhra Pradesh
Show answer
Correct answer: B. Karnataka and Maharashtra

The committee was constituted following the decisions taken during a meeting in which representatives of sugarcane farmers from these two States met the Union Minister of Agriculture and Farmers Welfare together with the Union Minister of Consumer Affairs, Food and Public Distribution.

Q2203.Banking & FinanceMedium

Which two methods were used to arrive at the benchmark price for the IDBI Bank transaction?

  1. A.Discounted Cash Flow Method and Book Value Method
  2. B.Market Multiple Method and Asset Valuation Method
  3. C.Reserve Price Method and Stock Market Price Method
  4. D.Dividend Yield Method and Replacement Cost Method
Show answer
Correct answer: B. Market Multiple Method and Asset Valuation Method

Two independent professional agencies valued the bank, one comparing it against the closing accounts of all public sector banks as on 31 March 2026 under relative valuation, the other weighing tangible and intangible assets, land and property included, against liabilities in the audited accounts of the same date.

Q2205.Banking & FinanceEasy

Which entity has been approved as the Strategic Buyer for IDBI Bank Ltd?

  1. A.M/s 10955230 Canada Inc, a Fairfax Financial Holdings entity
  2. B.Life Insurance Corporation of India
  3. C.Prem Watsa Capital Partners Ltd
  4. D.Emirates NBD Bank PJSC
Show answer
Correct answer: A. M/s 10955230 Canada Inc, a Fairfax Financial Holdings entity

The Cabinet Committee on Economic Affairs picked this company as the Strategic Buyer when it approved the strategic restructuring of the bank, and its parent is M/s Fairfax Financial Holdings Ltd.

Q2206.Government SchemesMedium

Which corporation implements BHARAT TULIP for the ministry?

  1. A.NSFDC
  2. B.NBCFDC
  3. C.TRIFED
  4. D.KVIC
Show answer
Correct answer: B. NBCFDC

The Ministry of Social Justice and Empowerment works through this corporation to run BHARAT TULIP, and it is NBCFDC that facilitates market linkages for artisans on digital platforms and e-commerce channels, along with promotion, quality assurance, skill development and support for logistics and delivery.

Q2207.Government SchemesMedium

BHARAT TULIP is being implemented by which ministry?

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

It implements the programme through the National Backward Classes Finance and Development Corporation, which handles the market linkage work on digital platforms and e-commerce channels.

Q2208.Government SchemesEasy

In BHARAT TULIP, the abbreviation TULIP stands for which of the following?

  1. A.Traditional Artisans' Upliftment Livelihood Programme
  2. B.Textile Upgradation and Livelihood Investment Programme
  3. C.Tribal Upliftment and Local Industry Programme
  4. D.Training for Urban Livelihood and Industrial Production
Show answer
Correct answer: A. Traditional Artisans' Upliftment Livelihood Programme

That is what the abbreviation stands for in BHARAT TULIP, the programme the Ministry of Social Justice and Empowerment runs through the National Backward Classes Finance and Development Corporation to broaden the market reach of traditional artisans.

Q2209.Science & TechnologyMedium

Who is the Director of NIPER Raebareli, quoted on the proposed Centre of Excellence?

  1. A.Manoj Joshi
  2. B.Dr Shubhini Saraf
  3. C.Praveen Rao Akkinepally
  4. D.Dr M L Jat
Show answer
Correct answer: B. Dr Shubhini Saraf

As Director of NIPER Raebareli she said the proposed Centre of Excellence would serve as a dedicated platform for structured training and certification in clinical research, and that bringing academic and industry expertise together would produce a model capable of being repeated in other regions and therapeutic areas.

Q2210.Science & TechnologyMedium

The clinical research collaboration signed at New Delhi advances which flagship government initiative?

  1. A.Biopharma SHAKTI
  2. B.Ayushman Bharat
  3. C.Mission Indradhanush
  4. D.PRIP Scheme
Show answer
Correct answer: A. Biopharma SHAKTI

It is described as the central government's flagship initiative for building a stronger biopharma ecosystem, and among its goals is the creation of a thousand clinical trial sites across the country; the partnership between NIPER Raebareli and AstraZeneca India directly serves that objective.

Q2212.NationalMedium

Under which law were the four persons in the rock salt case arrested?

  1. A.Foreign Exchange Management Act, 1999
  2. B.Customs Act, 1962
  3. C.Prevention of Money Laundering Act, 2002
  4. D.Essential Commodities Act, 1955
Show answer
Correct answer: B. Customs Act, 1962

Four persons were arrested under its provisions, namely two proprietors or partners of importing firms, a customs broker's G-card holder, and the owner of a Dubai-based supplier who had also floated an importing firm in his father's name.

Q2214.NationalEasy

Which agency carried out Operation Deep Manifest against the smuggling of Pakistan-origin rock salt?

  1. A.Central Bureau of Investigation
  2. B.Directorate of Revenue Intelligence
  3. C.Enforcement Directorate
  4. D.Narcotics Control Bureau
Show answer
Correct answer: B. Directorate of Revenue Intelligence

DRI ran Operation Deep Manifest and detected 295 containers carrying 7,311 metric tonnes of Pakistan-origin industrial or Himalayan rock salt, worth roughly Rs 30 crore, that had been brought into the country in breach of the import ban.

Q2215.Government SchemesMedium

The duty of the Central Government that the National Social Assistance Programme gives effect to is contained in which Article of the Constitution?

  1. A.Article 21
  2. B.Article 41
  3. C.Article 44
  4. D.Article 51A
Show answer
Correct answer: B. Article 41

The programme was launched for assistance to poor households as a way of discharging the responsibility the Central Government carries under Article 41 of the Constitution, which sits among the Directive Principles of State Policy and speaks of public assistance in old age, sickness and disablement.

Q2216.Government SchemesMedium

Under the revised divyangjan pension, what is the monthly assistance for a beneficiary aged 80 years and above?

  1. A.Rs 375
  2. B.Rs 500
  3. C.Rs 625
  4. D.Rs 1,000
Show answer
Correct answer: C. Rs 625

The approved structure of the disability pension has two slabs by age. A beneficiary in the 0-79 years group receives Rs 375 a month, while a beneficiary who has turned 80 years or more receives Rs 625 a month, so option C matches the higher age slab asked about here.

Q2217.Government SchemesEasy

The National Social Assistance Programme has been renamed as which of the following?

  1. A.Pradhan Mantri Samajik Suraksha Yojana
  2. B.Pradhan Mantri Samajik Sahayata Yojana
  3. C.Pradhan Mantri Jan Kalyan Yojana
  4. D.Pradhan Mantri Vridhavastha Pension Yojana
Show answer
Correct answer: B. Pradhan Mantri Samajik Sahayata Yojana

When the Union Cabinet approved carrying the programme forward for five years, it renamed the umbrella scheme itself to Pradhan Mantri Samajik Sahayata Yojana, so option B is the one to mark.