IBPS GK Questions 2026

World Consumer Rights Day takes its date from 15 March 1962, when United States President John F. Kennedy sent a message to Congress setting out the rights of the consumer, the first time a head of government did so; the consumer movement began observing the day in 1983.

Under the renewable energy category a bank may lend up to 35 crore rupees to a borrower for a solar, biomass, wind, micro-hydel or non-conventional energy project, and for an individual household the ceiling is 10 lakh rupees, which is what a rooftop solar system or a small biogas plant…

The Directions were issued on 24 March 2025 and came into effect on 1 April 2025, superseding the Directions of 4 September 2020.

The base is deliberately a credit figure and not a deposit figure, because the obligation is about where a bank lends.

Weaker sections is an overlapping head that counts the borrower rather than the activity, and the Directions list small and marginal farmers, artisans with a credit limit up to two lakh rupees, beneficiaries of government sponsored schemes, Scheduled Castes and Scheduled Tribes, beneficiaries of the differential rate of interest scheme…

Priority Sector Lending Certificates were introduced in 2016 so that a bank which has lent beyond its target can sell the excess achievement to a bank that has fallen short.

A bank that falls short of its priority sector target is not fined; it is required to place the shortfall in the Rural Infrastructure Development Fund kept with the National Bank for Agriculture and Rural Development, or in the funds notified with SIDBI, the National Housing Bank and MUDRA, and…

Under the 2025 Directions a loan to an individual for educational purposes, including a vocational course, is classified as priority sector lending so long as it does not exceed 25 lakh rupees; the ceiling applies to the loan, not to the fee or the course.

A regional rural bank is set up under the Regional Rural Banks Act, 1976 to serve farmers, farm labourers and rural artisans, so the Reserve Bank asks it for a much higher share than it asks of a commercial bank: 75 per cent to the priority sector, with 18 per…

The Directions list eight categories: agriculture, micro, small and medium enterprises, export credit, education, housing, social infrastructure, renewable energy and others.

Of the 40 per cent that a domestic commercial bank must lend to the priority sector, 18 per cent of Adjusted Net Bank Credit has to go to agriculture, which covers farm credit, agriculture infrastructure and ancillary activities.

A domestic commercial bank, and a foreign bank with 20 or more branches in India, must lend 40 per cent of its Adjusted Net Bank Credit, or of the Credit Equivalent of Off-Balance Sheet Exposure where that is higher, to the priority sector.

FIFA introduced it in 2009 for the most beautiful goal of the year, and it is named after Ferenc Puskas of Hungary, the forward of the great side of the nineteen fifties.

The German midfielder, captain of the side that won the World Cup of 1990, was the first FIFA World Player of the Year when the award began in 1991; FIFA gave it until 2015, with the Ballon d’Or years of 2010 to 2015 in between, and replaced it with The…

The International Cricket Council began its annual awards in 2004, and the cricketer of the year receives the trophy named after the great all-rounder of the West Indies; the first winner was Rahul Dravid of India, and Sachin Tendulkar, Ravichandran Ashwin and Virat Kohli have also received it.

France Football and FIFA joined their two awards into one for those six years, so the winner of each of those years holds the FIFA Ballon d’Or; the partnership ended and the two awards were given separately again from 2016, when FIFA began The Best FIFA Men’s Player.

The women’s award was introduced in 2018, more than sixty years after the men’s, and the Norwegian forward, then with Lyon, was its first winner.

The Kopa Trophy was introduced in 2018 and is named after Raymond Kopa, the French forward who won the Ballon d’Or in 1958; its first winner was Kylian Mbappe of France.

Lev Yashin of the Soviet Union, known as the black spider for his dark jersey and his reach, won the Ballon d’Or in 1963, and no other goalkeeper has taken it since, which is why the trophy for the best goalkeeper of the year, given from 2019, is named the…

The English winger, then playing for Blackpool and already past forty, received the first Ballon d’Or in 1956, at a time when only European players could be considered.