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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

Q3281.Indian EconomyAsked in: Haryana · 10 Nov 2018, Shift 2Medium

Which among the following countries with which India does not have Free Trade Agreement (FTA) ?

  1. A.South Korea
  2. B.Japan
  3. C.Brazil
  4. D.Thailand
Show answer
Correct answer: C. Brazil

India has no bilateral free trade agreement with Brazil. Its only preferential link with Brazil is through the limited India-MERCOSUR Preferential Trade Agreement, which covers a short list of products at reduced duty and is not a free trade agreement.

Q3282.Government SchemesMedium

Which body offered support for the proposed common cooperative digital marketing platform?

  1. A.Open Network for Digital Commerce (ONDC)
  2. B.Government e Marketplace (GeM)
  3. C.National Payments Corporation of India
  4. D.Unique Identification Authority of India
Show answer
Correct answer: A. Open Network for Digital Commerce (ONDC)

The Ministry of Cooperation is examining a proposal for a common cooperative digital platform to market cooperative products and farm produce more effectively, and the Secretary informed participants that the Open Network for Digital Commerce had offered its support for the initiative.

Q3283.Government SchemesHard

What does the recent amendment to the NCDC Act allow?

  1. A.Direct lending by the Corporation to individual farmers
  2. B.Financial assistance to institutions that are not cooperatives but promote cooperative development
  3. C.Conversion of cooperative banks into commercial banks
  4. D.Transfer of the Corporation to the Reserve Bank of India
Show answer
Correct answer: B. Financial assistance to institutions that are not cooperatives but promote cooperative development

The Secretary of the Ministry of Cooperation explained that the recent amendment to the National Cooperative Development Corporation Act has paved the way for extending assistance to such bodies, which opens a direct route for various State-level institutions to draw funds from the Corporation, and he urged States to make…

Q3284.Government SchemesMedium

Which three national cooperative bodies were named for strengthening export, organic and seed value chains?

  1. A.NAFED, NCCF and NDDB
  2. B.NCEL, NCOL and BBSSL
  3. C.NABARD, NCDC and IFFCO
  4. D.KRIBHCO, AMUL and NDDB
Show answer
Correct answer: B. NCEL, NCOL and BBSSL

The workshop gave special attention to building stronger value chains in exports, organic products and seeds through these three national cooperative institutions, and to empowering primary cooperative institutions through them.

Q3285.Government SchemesEasy

Where is the 9th National Review Workshop of the Ministry of Cooperation being held?

  1. A.Raipur, Chhattisgarh
  2. B.Bastar, Chhattisgarh
  3. C.Bhubaneswar, Odisha
  4. D.New Delhi
Show answer
Correct answer: B. Bastar, Chhattisgarh

The Secretary of the Ministry told the inaugural session that the suggestion to hold a workshop on cooperative development in Bastar, a district long affected by Left Wing Extremism, had come from Union Home Minister and Minister of Cooperation Shri Amit Shah, which is precisely what makes the venue worth…

Q3286.Science & TechnologyHard

At which event was the New Delhi Declaration on 6G principles endorsed?

  1. A.India Mobile Congress
  2. B.The International Bharat 6G Symposium held in 2025
  3. C.The World Telecommunication Standardization Assembly
  4. D.The Bharat 6G Symposium held in 2024
Show answer
Correct answer: B. The International Bharat 6G Symposium held in 2025

The joint report released at this year ceremony, titled Progress towards the 6G Principles of the New Delhi Declaration: Actions, Outcomes and Outlook, First Edition, October 2026, marks the completion of one year since the Declaration was endorsed at that symposium, and records the actions and outcomes reported by the…

Q3287.Science & TechnologyMedium

After the new agreements at the symposium, how many collaborations does the Bharat 6G Alliance have in all?

  1. A.Twelve
  2. B.Fifteen
  3. C.Seventeen
  4. D.Twenty-two
Show answer
Correct answer: C. Seventeen

Before the symposium the Bharat 6G Alliance already held ten global and two domestic collaborations, and at the inaugural ceremony it exchanged five more Memoranda of Understanding, with GSMA, the one6G Association, GTI Alliance Ltd, the 6G Industry Forum and VoICE.

Q3289.Science & TechnologyEasy

Which edition of the International Bharat 6G Symposium was inaugurated at Yashobhoomi, Dwarka, New Delhi?

  1. A.First
  2. B.Second
  3. C.Third
  4. D.Fifth
Show answer
Correct answer: C. Third

Union Minister for Communications and Development of North Eastern Region Jyotiraditya M. Scindia inaugurated the 3rd International Bharat 6G Symposium 2026, organised by the Bharat 6G Alliance at Yashobhoomi, Dwarka, in New Delhi, with sessions running from 7 to 9 October 2026.

Q3293.EconomyEasy

At what level have margins in the supply and sale of non-scheduled anti-cancer medicines been capped?

  1. A.10 per cent of the Maximum Retail Price
  2. B.20 per cent of the Maximum Retail Price
  3. C.30 per cent of the Maximum Retail Price
  4. D.50 per cent of the Maximum Retail Price
Show answer
Correct answer: C. 30 per cent of the Maximum Retail Price

The Government has approved a ceiling on the margins charged while non-scheduled anti-cancer medicines move through the supply chain to the patient, and that ceiling is fixed at 30 per cent of the MRP.

Q3294.EconomyHard

Under the e-way bill changes recommended by the 57th GST Council meeting, a goods vehicle can be intercepted only with the authorisation of an officer not below which rank?

  1. A.Inspector
  2. B.Superintendent
  3. C.Joint Commissioner
  4. D.Principal Chief Commissioner
Show answer
Correct answer: C. Joint Commissioner

The Council recommended changes to sections 68, 129 and 130 of the CGST Act so that a vehicle carrying goods may be stopped only when there is specific intelligence about it and an officer of at least this rank has cleared the action.

Q3297.EconomyEasy

The 57th GST Council meeting recommended raising the monetary threshold for launching prosecution under GST to which amount?

  1. A.Rs 1 crore
  2. B.Rs 2 crore
  3. C.Rs 5 crore
  4. D.Rs 10 crore
Show answer
Correct answer: C. Rs 5 crore

Among the decriminalisation measures taken at the 57th meeting of the GST Council, the money threshold at which a prosecution may be launched was lifted to five crore rupees, so that criminal proceedings are reserved for large cases of fraud and evasion rather than ordinary disputes over tax.

Q3298.NationalMedium

Which initiative, piloted at Umri, Chaurawala and Narakoduru, won a WSIS Prize 2026 under Action Line C6?

  1. A.Sanchar Saathi
  2. B.Amended BharatNet Programme
  3. C.Samriddh Gram Phygital Services Initiative
  4. D.Digital Intelligence Platform
Show answer
Correct answer: C. Samriddh Gram Phygital Services Initiative

Through Samriddhi Kendras it offers tele-consultation and diagnostics, digital classrooms and skilling, e-governance, banking, soil testing, drone-based agricultural services, employment help and e-commerce under one roof, and it is being piloted at Umri in Madhya Pradesh, Chaurawala in Uttar Pradesh and Narakoduru in Andhra Pradesh.

Q3300.NationalHard

Under the Telecommunication (Right of Way) Rules, 2024, what is the timeline for processing a general Right of Way application?

  1. A.30 days
  2. B.45 days
  3. C.60 days
  4. D.67 days
Show answer
Correct answer: D. 67 days

The rules, notified by the Department of Telecommunications under the Telecommunications Act, 2023, came into effect on 1 January 2025 and set up a uniform and transparent framework for laying telecom infrastructure, with rationalised charges and time-bound processing.