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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

Q2423.Reports & IndicesHard

Under the Sevottam Scheme, how many officers have been trained over the last five financial years, according to the September 2026 CPGRAMS report for States and UTs?

  1. A.About 43,738 officers in 1,312 courses
  2. B.About 23,230 officers in 454 courses
  3. C.About 92,822 officers in 1,312 courses
  4. D.About 12,996 officers in 500 courses
Show answer
Correct answer: A. About 43,738 officers in 1,312 courses

The 50th CPGRAMS report on States and Union Territories states that 1,312 training courses were completed under the Sevottam Scheme over the last five financial years, training roughly 43,738 officers in grievance handling and service delivery.

Q2427.Indian EconomyAsked in: UPSC CAPF · CAPF 2023, Paper IMedium

Suppose an Indian citizen makes an investment abroad and earns a positive return on her investment. Which of the following is correct?

  1. A.Her income is part of India's GDP, but not part of India's national income.
  2. B.Her income is part of India's national income, but not part of India's GDP.
  3. C.Her income is part of both India's GDP and national income.
  4. D.Her income is neither part of India's GDP, nor its national income.
Show answer
Correct answer: B. Her income is part of India's national income, but not part of India's GDP.

Her return is earned outside India, so it is not in India's GDP, but it is earned by an Indian resident, so it counts in India's national income.

Q2428.Banking & Financial AwarenessAsked in: UPSC CAPF · CAPF 2026, Paper IHard

Consider the following statements about Ways and Means Advances (WMA) : 1. WMA is a provision in which the Reserve Bank of India provides long-term loans to the State Governments/UT Governments and Central Government. 2. WMA is a provision in which the Reserve Bank of India provides short-term loans to the State Governments/UT Governments and Central Government. 3. WMA was introduced in 1997. 4. Interest rate charged by the RBI on WMA is the same as the bank rate. Which of the statements given above is/are correct?

  1. A.1 only
  2. B.1 and 3 only
  3. C.2 and 3
  4. D.1, 3 and 4
Show answer
Correct answer: C. 2 and 3

Ways and Means Advances are short-term loans from the RBI, and the scheme began in 1997. Governments often spend before their receipts arrive.

Q2429.Science & TechnologyMedium

The capacity building programme on urban service delivery at Mussoorie is organised by NCGG under which department?

  1. A.Department of Administrative Reforms and Public Grievances
  2. B.Department of Personnel and Training
  3. C.Department for Promotion of Industry and Internal Trade
  4. D.Department of Expenditure
Show answer
Correct answer: A. Department of Administrative Reforms and Public Grievances

The National Centre for Good Governance works under this department and organises the Capacity Building Programme on Urban Service Delivery for Civil Servants of Multiple Countries, held at Mussoorie from 12 to 23 October 2026.

Q2431.Science & TechnologyEasy

Which BHASHINI platform provided real-time English to Spanish translation at the NCGG programme in Mussoorie?

  1. A.Shrutlekh
  2. B.Anuvaad
  3. C.Vaani
  4. D.Samvaad
Show answer
Correct answer: A. Shrutlekh

During the ice-breaking session of the capacity building programme on urban service delivery, the Digital India BHASHINI Division deployed Shrutlekh to translate speech as it was spoken, working in both directions between English and Spanish so that delegates from Spanish-speaking countries could take part without a language barrier.

Q2433.Summits & ConferencesMedium

India became the first G20 nation to source 40 per cent of its installed electricity capacity from non-fossil fuels. When did it reach this mark?

  1. A.November 2021
  2. B.November 2019
  3. C.March 2023
  4. D.August 2015
Show answer
Correct answer: A. November 2021

Under the Paris Agreement, India committed in 2015 to meeting 40 per cent of its installed electricity capacity from non-fossil sources by 2030, and the Prime Minister told the forum that the country touched that level in November 2021 itself, nine years ahead of the deadline, becoming the first G20…

Q2434.Summits & ConferencesEasy

In which city was the Bloomberg New Economy Forum held when it came to India for the first time?

  1. A.Mumbai
  2. B.New Delhi
  3. C.Bengaluru
  4. D.Gandhinagar
Show answer
Correct answer: B. New Delhi

The Bloomberg New Economy Forum, which gathers business leaders, policymakers and delegates from many countries for discussions on the economy, technology, energy and global affairs, was held in India for the first time, and the Prime Minister addressed the gathering in the national capital.

Q2438.Government SchemesMedium

In the term 'Ashtalakshmi', used for India's North East, 'ashta' refers to which of the following?

  1. A.The eight states of the region
  2. B.Eight border districts of the region
  3. C.Eight major rivers of the region
  4. D.Eight autonomous tribal councils
Show answer
Correct answer: A. The eight states of the region

The North East is described as the country's Ashtalakshmi, the eightfold form of prosperity, with each of its eight states standing for one form of that wealth.

Q2440.Government SchemesEasy

Which Union ministry runs the Ashtalakshmi Darshan Programme?

  1. A.Ministry of Culture
  2. B.Ministry of Education
  3. C.Ministry of Development of North Eastern Region
  4. D.Ministry of Tourism
Show answer
Correct answer: C. Ministry of Development of North Eastern Region

Ashtalakshmi Darshan is that ministry's own youth-contact initiative: it brings students from states outside the region into the eight north-eastern states so that they meet the region's culture, institutions and development work directly.