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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

Q2844.Sports GKMedium

The 12th South Asian Games of 2016 were hosted by India at:

  1. A.Kolkata
  2. B.Chennai
  3. C.Guwahati and Shillong
  4. D.Pune and Mumbai
Show answer
Correct answer: C. Guwahati and Shillong

The twelfth edition of the South Asian Games was held in 2016 across two north-eastern cities, with Guwahati in Assam as the main venue and Shillong in Meghalaya hosting part of the programme, and India finished at the top of the medal table as it has in almost every edition.

Q2846.Sports GKMedium

Athletes of which age group take part in the Youth Olympic Games?

  1. A.12 to 15 years
  2. B.15 to 18 years
  3. C.18 to 21 years
  4. D.Under 23 years
Show answer
Correct answer: B. 15 to 18 years

The International Olympic Committee set this band when it created the Youth Olympic Games so that the event would reach adolescents at the stage when they are choosing whether to continue in sport, and the age is counted as of the year of the Games.

Q2848.Computer AwarenessHard

ONDC, an initiative of the Department for Promotion of Industry and Internal Trade, stands for:

  1. A.Online National Digital Commission
  2. B.Open Network for Digital Commerce
  3. C.Official Network of Domestic Commerce
  4. D.Open National Data Corridor
Show answer
Correct answer: B. Open Network for Digital Commerce

ONDC is not an application or a marketplace but a set of open protocols, in the same spirit as UPI in payments, designed so that a buyer using one application can discover and order from a seller registered on a different application.

Q2849.Computer AwarenessEasy

In the context of electronic commerce, EDI stands for:

  1. A.Electronic Data Interchange
  2. B.Electronic Digital Invoice
  3. C.Encrypted Delivery Interface
  4. D.Electronic Direct Import
Show answer
Correct answer: A. Electronic Data Interchange

EDI is the computer-to-computer exchange of standard business documents such as purchase orders, invoices, despatch advices and payment instructions, in an agreed format, without paper and without a person re-typing the data at the other end.

Q2850.Computer AwarenessMedium

Which Indian law first gave legal recognition to electronic records and digital signatures, making online contracts enforceable?

  1. A.The Indian Contract Act, 1872
  2. B.The Information Technology Act, 2000
  3. C.The Consumer Protection Act, 2019
  4. D.The Competition Act, 2002
Show answer
Correct answer: B. The Information Technology Act, 2000

This Act is the legal foundation of electronic commerce in India: it recognised electronic records as equivalent to paper records, gave digital and later electronic signatures the status of a signature, provided for certifying authorities, and created the offences under which online fraud such as identity theft and cheating by…

Q2852.Computer AwarenessEasy

The Government e-Marketplace (GeM) portal, launched in 2016, is used mainly for:

  1. A.Filing income tax returns
  2. B.Public procurement of goods and services by government buyers
  3. C.Booking railway tickets
  4. D.Registering a new company
Show answer
Correct answer: B. Public procurement of goods and services by government buyers

GeM is an online marketplace on which central and state government departments, public sector undertakings and other public bodies buy common-use goods and services from registered sellers, with the aim of making purchase faster, cheaper and transparent.

Q2853.Computer AwarenessMedium

The 's' in the HTTPS address of a shopping website indicates that the connection is secured by which technology?

  1. A.SSL or TLS encryption
  2. B.Simple Mail Transfer Protocol
  3. C.Static IP addressing
  4. D.Structured Query Language
Show answer
Correct answer: A. SSL or TLS encryption

HTTPS is HTTP carried inside a protected channel: the browser and the server first exchange a digital certificate and agree on keys, after which card numbers, passwords and addresses travel as cipher text that an eavesdropper on the network cannot read.

Q2854.Computer AwarenessEasy

Which of the following best describes m-commerce?

  1. A.Commercial transactions carried out through wireless handheld devices
  2. B.Exchange of business documents in a standard electronic format
  3. C.Trade between two government departments
  4. D.Advertising of products on television
Show answer
Correct answer: A. Commercial transactions carried out through wireless handheld devices

M-commerce, or mobile commerce, is the part of electronic commerce conducted on smartphones, tablets and even feature phones over a wireless network, and the term is credited to Kevin Duffey in 1997.

Q2855.Computer AwarenessEasy

The Unified Payments Interface (UPI) was launched in 2016 by which organisation?

  1. A.Reserve Bank of India
  2. B.National Payments Corporation of India
  3. C.State Bank of India
  4. D.Securities and Exchange Board of India
Show answer
Correct answer: B. National Payments Corporation of India

NPCI, set up in 2008 as the umbrella organisation for retail payments in the country, built and runs UPI, which lets a user link several bank accounts to one mobile application and transfer money instantly using a virtual payment address, without sharing account numbers.

Q2857.Computer AwarenessAsked in: Madhya Pradesh · 19 Jun, 2022Medium

Auctions or dynamic pricing markets are examples of

  1. A.B2B commerce
  2. B.C2B commerce
  3. C.C2C commerce
  4. D.Both A and C
Show answer
Correct answer: D. Both A and C

In an auction the price is not fixed by the seller but is discovered from what buyers are willing to bid, and this way of trading appears at two levels.

Q2858.Static GKHard

The Indian Veterinary Research Institute has its main campus at:

  1. A.Hisar, Haryana
  2. B.Izatnagar, Uttar Pradesh
  3. C.Jabalpur, Madhya Pradesh
  4. D.Ludhiana, Punjab
Show answer
Correct answer: B. Izatnagar, Uttar Pradesh

The institute, which lies at Izatnagar near Bareilly, is the country's premier centre for veterinary research and teaching, covering animal diseases, vaccines and livestock production, and it has a second campus at Mukteswar in the Nainital district.