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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

Q2404.EconomyHard

At which academy did EPFO train departmental officers and employers on the amnesty provisions?

  1. A.Lal Bahadur Shastri National Academy of Administration
  2. B.Pandit Deendayal Upadhyaya National Academy of Social Security
  3. C.National Academy of Customs, Indirect Taxes and Narcotics
  4. D.National Institute of Financial Management
Show answer
Correct answer: B. Pandit Deendayal Upadhyaya National Academy of Social Security

Training was delivered along two tracks, through online modules and physically at this academy, for departmental officers and employers alike, while the Exemption Division at the head office ran dedicated hybrid programmes for field officials posted across the country.

Q2405.EconomyHard

Which of these conditions is NOT waived for a trust regularised under the Amnesty Scheme, 2026?

  1. A.Minimum employee headcount
  2. B.Size of the corpus
  3. C.The three-year compliance rule
  4. D.Recognition by the Income Tax Department
Show answer
Correct answer: D. Recognition by the Income Tax Department

That recognition is not waived at all; it is the very qualification a trust must already possess to be eligible, since the scheme is aimed at trusts recognised under the Income Tax Act, 1961 that nevertheless lack a formal exemption order.

Q2406.EconomyMedium

A formal exemption order for a Provident Fund Trust is granted under section 17 of which Act?

  1. A.The Income Tax Act, 1961
  2. B.The Employees' Provident Funds and Miscellaneous Provisions Act, 1952
  3. C.The Payment of Gratuity Act, 1972
  4. D.The Employees' State Insurance Act, 1948
Show answer
Correct answer: B. The Employees' Provident Funds and Miscellaneous Provisions Act, 1952

Section 17 of this Act is the provision under which a formal exemption order is granted to a Provident Fund Trust; the comparable provision in the newer law is section 143 of the Code on Social Security, 2020.

Q2408.NationalMedium

What did Dr. P. K. Mishra say about artificial intelligence and advanced analytics in official statistics?

  1. A.They can replace survey-based statistics entirely
  2. B.They can strengthen official statistics but cannot substitute for quality
  3. C.They should not be used in government statistics
  4. D.They are useful only for census operations
Show answer
Correct answer: B. They can strengthen official statistics but cannot substitute for quality

Dr. Mishra said artificial intelligence, machine learning, geospatial systems, satellite imagery and advanced analytics offer real opportunities to improve the timeliness, accuracy and usefulness of official statistics, yet technological advance must remain guided by statistical quality, transparency, privacy, security and accountability.

Q2409.NationalHard

Which year has been adopted as the base year for the new National Accounts Series referred to at the conference?

  1. A.2011-12
  2. B.2017-18
  3. C.2022-23
  4. D.2024-25
Show answer
Correct answer: C. 2022-23

In his address, Dr. P. K. Mishra pointed to the introduction of the new National Accounts Series with 2022-23 as the base year, together with updated Consumer Price Index and Index of Industrial Production series, as an important step in keeping statistical methods aligned with an economy that is becoming…

Q2410.NationalMedium

Who delivered the keynote address at the Conference of State Planning, Finance and IT Secretaries organised by MoSPI in October 2026?

  1. A.The Union Finance Minister
  2. B.The Principal Secretary to the Prime Minister
  3. C.The Vice-Chairman of NITI Aayog
  4. D.The Chief Statistician of India
Show answer
Correct answer: B. The Principal Secretary to the Prime Minister

He argued that a strong statistical system is essential for evidence-based policymaking and for reaching the goal of Viksit Bharat 2047, and described statistics as a strategic national asset rather than an administrative requirement.

Q2411.DefenceMedium

Which two Indian cities is the visiting Czech First Deputy Prime Minister scheduled to visit for industry engagements?

  1. A.Chennai and Hyderabad
  2. B.Bengaluru and Mumbai
  3. C.Pune and Kolkata
  4. D.Ahmedabad and Nagpur
Show answer
Correct answer: B. Bengaluru and Mumbai

Karel Havlicek, the First Deputy Prime Minister and Minister of Industry and Trade of the Czech Republic, is in India on a four-day visit during which he is meeting ministries, trade bodies and businesses, and his itinerary includes visits to industrial units in these two cities.

Q2412.DefenceMedium

Under which mechanism did India and the Czech Republic agree to expand defence industrial cooperation?

  1. A.India-Czech Joint Defence Committee
  2. B.India-Czech Strategic Partnership Council
  3. C.India-Czech Defence Procurement Board
  4. D.India-Czech Military Cooperation Group
Show answer
Correct answer: A. India-Czech Joint Defence Committee

The correct answer is the India-Czech Joint Defence Committee, named in the talks as the mechanism through which the two sides would take their defence industrial engagement further.

Q2413.DefenceEasy

With which country's First Deputy Prime Minister did Defence Minister Rajnath Singh hold bilateral defence talks in New Delhi on 13 October 2026?

  1. A.Poland
  2. B.Czech Republic
  3. C.Slovakia
  4. D.Hungary
Show answer
Correct answer: B. Czech Republic

Rajnath Singh met Karel Havlicek, who is the First Deputy Prime Minister as well as the Minister of Industry and Trade of the Czech Republic, in New Delhi, and the two reviewed the entire range of defence industrial cooperation between their countries.

Q2414.EnvironmentMedium

Where is the AI-enabled Integrated Command and Control Centre of the Delhi Pollution Control Committee located?

  1. A.Anand Vihar
  2. B.Shastri Park
  3. C.Keshopur
  4. D.Nand Nagri
Show answer
Correct answer: B. Shastri Park

The centre acts as a single digital platform bringing together data on air quality, dust control sites, ambient noise, industrial emissions, stubble burning incidents, citizen grievances and enforcement vehicles, and uses cameras and location tracking for round-the-clock watch.

Q2415.EnvironmentMedium

After the stations inaugurated on 13 October 2026, how many Continuous Ambient Air Quality Monitoring Stations does Delhi have?

  1. A.47
  2. B.53
  3. C.60
  4. D.75
Show answer
Correct answer: C. 60

Delhi had forty-seven monitoring stations run by various agencies, among them the Delhi Pollution Control Committee, the Central Pollution Control Board, the India Meteorological Department, the Indian Institute of Tropical Meteorology and the ministry dealing with housing and urban affairs.

Q2417.EconomyMedium

When is the second and final phase of the RINL land e-auction scheduled, and how many parcels does it cover?

  1. A.27 October 2026, covering 150 parcels
  2. B.30 October 2026, covering 216 parcels
  3. C.13 October 2026, covering 366 parcels
  4. D.30 November 2026, covering 216 parcels
Show answer
Correct answer: B. 30 October 2026, covering 216 parcels

After the response to the first phase, the second and final phase was rescheduled to that date, with bidding open from 11 in the morning until 5 in the evening, and it offers the land parcels left unsold from the first round.

Q2418.EconomyEasy

Which public sector company's surplus land was offered in the e-auction conducted by NLMC in October 2026?

  1. A.Steel Authority of India Limited
  2. B.Rashtriya Ispat Nigam Limited
  3. C.RailTel Corporation of India
  4. D.Hindustan Shipyard Limited
Show answer
Correct answer: B. Rashtriya Ispat Nigam Limited

Its premium land parcels in Visakhapatnam were put up for sale by the National Land Monetization Corporation, and 150 plots were sold on day one for 366.33 crore rupees.