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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

Q2562.Indian EconomyAsked in: Uttar Pradesh · 30 May 2019, Shift 2Easy

Enacted on 7 September 2005, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in India entitles, by demand, every rural household to a minimum of _______ of paid work each year at minimum wage.

  1. A.120 days
  2. B.150 days
  3. C.180 days
  4. D.100 days
Show answer
Correct answer: D. 100 days

Section 3 of the Act obliges the State Government to provide at least one hundred days of unskilled manual wage employment in a financial year to every rural household whose adult members volunteer for such work, and the guarantee belongs to the household, not to each member.

Q2563.Indian EconomyMedium

Paramparagat Krishi Vikas Yojana, launched in 2015, promotes which kind of farming?

  1. A.Organic farming in clusters
  2. B.Contract farming for exports
  3. C.Floriculture in greenhouses
  4. D.Mechanised dry land farming
Show answer
Correct answer: A. Organic farming in clusters

The scheme, a component of the National Mission on Sustainable Agriculture, groups farmers into clusters, supports them with training and inputs for organic cultivation, and certifies the produce through the Participatory Guarantee System of India, in which groups of farmers inspect and vouch for one another.

Q2564.Indian EconomyMedium

Under the Pradhan Mantri Kisan Maandhan Yojana, what monthly pension is assured to a small or marginal farmer after the age of sixty?

  1. A.Rupees 1,000
  2. B.Rupees 2,000
  3. C.Rupees 3,000
  4. D.Rupees 5,000
Show answer
Correct answer: C. Rupees 3,000

The scheme, launched in 2019, is a voluntary and contributory pension arrangement for small and marginal farmers between eighteen and forty years of age; the farmer contributes a monthly amount that depends on the age of entry, the Union government contributes an equal amount, and a pension of three thousand…

Q2565.Indian EconomyMedium

Har Khet Ko Pani and Per Drop More Crop are components of which scheme?

  1. A.Pradhan Mantri Krishi Sinchayee Yojana
  2. B.Rashtriya Krishi Vikas Yojana
  3. C.National Food Security Mission
  4. D.Paramparagat Krishi Vikas Yojana
Show answer
Correct answer: A. Pradhan Mantri Krishi Sinchayee Yojana

Launched in 2015, it brings irrigation work under one umbrella with the Accelerated Irrigation Benefit Programme for major and medium projects, Har Khet Ko Pani for creating new sources, Per Drop More Crop for drip and sprinkler micro-irrigation, and watershed development for rainfed areas.

Q2567.Indian EconomyEasy

e-NAM, launched in April 2016, is

  1. A.a crop insurance portal
  2. B.an online trading platform linking agricultural markets
  3. C.a soil testing laboratory network
  4. D.a scheme for farm mechanisation
Show answer
Correct answer: B. an online trading platform linking agricultural markets

The electronic National Agriculture Market was launched on 14 April 2016 to connect regulated mandis across the States on a single internet platform, so that a trader sitting anywhere can bid for a lot after it is assayed, which widens the market for the farmer and reduces the hold of…

Q2568.Indian EconomyEasy

Which body recommends the minimum support price for agricultural crops in India?

  1. A.Food Corporation of India
  2. B.Commission for Agricultural Costs and Prices
  3. C.NITI Aayog
  4. D.National Bank for Agriculture and Rural Development
Show answer
Correct answer: B. Commission for Agricultural Costs and Prices

Set up in 1965 as the Agricultural Prices Commission and renamed in 1985, it is an attached office of the Ministry of Agriculture and Farmers Welfare that studies costs of production and recommends the minimum support price for the mandated crops; the final decision is taken by the Cabinet Committee…

Q2569.Indian EconomyHard

The Soil Health Card Scheme was launched in 2015 from which place?

  1. A.Suratgarh, Rajasthan
  2. B.Sehore, Madhya Pradesh
  3. C.Gorakhpur, Uttar Pradesh
  4. D.Anand, Gujarat
Show answer
Correct answer: A. Suratgarh, Rajasthan

The scheme was launched on 19 February 2015 from Suratgarh in Sri Ganganagar district, and it gives every holding a card showing the status of the main nutrients and the physical properties of the soil, with crop-wise advice on fertiliser and manure, renewed on a fixed cycle so that the…

Q2570.Indian EconomyMedium

Under the Pradhan Mantri Fasal Bima Yojana, what share of the sum insured is paid as premium by the farmer for kharif food crops?

  1. A.1.5 per cent
  2. B.2 per cent
  3. C.5 per cent
  4. D.10 per cent
Show answer
Correct answer: B. 2 per cent

The scheme fixed a uniform maximum premium for the farmer: two per cent of the sum insured for kharif food and oilseed crops, one and a half per cent for rabi food and oilseed crops, and five per cent for annual commercial and horticultural crops, with the balance of the…

Q2571.Indian EconomyEasy

Under PM-KISAN, how much income support is given to an eligible farmer family in a year?

  1. A.Rupees 4,000 in two instalments
  2. B.Rupees 6,000 in three instalments
  3. C.Rupees 9,000 in three instalments
  4. D.Rupees 12,000 in four instalments
Show answer
Correct answer: B. Rupees 6,000 in three instalments

PM-KISAN pays each eligible landholding farmer family two thousand rupees every four months, that is six thousand rupees a year, straight into an Aadhaar-seeded bank account; the whole cost is borne by the Union government because it is a central sector scheme.

Q2572.Indian EconomyAsked in: RRB Group D · 16 Oct 2018, Shift 2Medium

The National Mission for Saffron was launched as a sub-scheme under which of the following?

  1. A.Kaushal Vikas Yojana
  2. B.Krishi Vikas Yojana
  3. C.Antyodaya Yojana
  4. D.Gram Jyoti Yojana
Show answer
Correct answer: B. Krishi Vikas Yojana

The National Mission for Saffron, meant to revive saffron cultivation in Jammu and Kashmir through better corms, irrigation and a spice park, runs as a sub-scheme of the Rashtriya Krishi Vikas Yojana, the umbrella fund started in 2007 that lets States plan their own agricultural projects.

Q2573.Indian EconomyAsked in: Uttar Pradesh · 4 Jan 2020, Shift 2Medium

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was launched in the year 2019 from ______ in Uttar Pradesh.

  1. A.Lucknow
  2. B.Gorakhpur
  3. C.Prayagraj (Allahabad)
  4. D.Varanasi
Show answer
Correct answer: B. Gorakhpur

PM-KISAN was announced in the interim budget of February 2019 and formally launched on 24 February 2019 from Gorakhpur in eastern Uttar Pradesh, with the first instalment released there, although the scheme was given effect from 1 December 2018.

Q2575.Indian EconomyAsked in: CDS · CDS-II 2022, GKEasy

The Department for Promotion of Industry and Internal Trade (DPIIT) has revised the base year index of Eight Core Industries having a combined weight of about 40.27 percent in the Index of Industrial Production. Which one of the following is not one of the Eight Core Industries ?

  1. A.Coal
  2. B.Refinery products
  3. C.Rubber products
  4. D.Cement
Show answer
Correct answer: C. Rubber products

Rubber products are not among the Eight Core Industries tracked by the Index of Eight Core Industries.

Q2576.Indian EconomyAsked in: CDS · CDS-II 2022, GKEasy

Which one of the following statements about Non-Banking Financial Companies (NBFCs) is not correct ?

  1. A.NBFCs cannot accept demand deposits.
  2. B.NBFCs cannot give loans.
  3. C.NBFCs cannot issue cheques drawn on themselves.
  4. D.NBFCs cannot offer deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation.
Show answer
Correct answer: B. NBFCs cannot give loans.

This statement is false, because lending and advancing loans is the main business of most NBFCs. A Non-Banking Financial Company is a company registered under the Companies Act whose principal business is loans and advances, buying shares and securities, leasing, hire-purchase, insurance or chit funds.

Q2578.InternationalMedium

Which bilateral mechanism’s outcomes were reviewed during the Finance Minister’s talks with the Singapore leadership?

  1. A.2nd India-Singapore Ministerial Roundtable
  2. B.3rd India-Singapore Ministerial Roundtable
  3. C.4th India-Singapore Ministerial Roundtable
  4. D.6th India-Singapore Ministerial Roundtable
Show answer
Correct answer: C. 4th India-Singapore Ministerial Roundtable

The engagements in Singapore gave the two sides an opportunity to review progress in advancing the outcomes of that roundtable and to explore avenues for deepening the Comprehensive Strategic Partnership between India and Singapore.

Q2580.InternationalEasy

Who is the President of Singapore, on whom the Union Finance Minister called during her October 2026 visit?

  1. A.Lawrence Wong
  2. B.Tharman Shanmugaratnam
  3. C.Gan Kim Yong
  4. D.Vivian Balakrishnan
Show answer
Correct answer: B. Tharman Shanmugaratnam

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman called on him during her visit from 8 to 11 October 2026 and also attended a luncheon he hosted along with the Managing Director of the International Monetary Fund.