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GK24

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

Q423.EconomyMedium

MIH Payments Holdings B.V., which has received CCI approval to acquire a shareholding in Navi Limited, is an indirect wholly-owned subsidiary of which company?

  1. A.Prosus N.V.
  2. B.SoftBank Group Corp.
  3. C.Alibaba Group Holding
  4. D.Temasek Holdings
Show answer
Correct answer: A. Prosus N.V.

The Commission's clearance notes that the acquirer, MIH Payments Holdings B.V., is an indirect wholly-owned subsidiary of Prosus N.V., and that the acquirer itself carries on no business activity beyond holding investments in portfolio companies which have business activities in India.

Q425.EconomyEasy

Sapphire Foods India Limited has been cleared by the CCI to merge with and into which company?

  1. A.Jubilant FoodWorks Limited
  2. B.Devyani International Limited
  3. C.Westlife Foodworld Limited
  4. D.Barbeque Nation Hospitality Limited
Show answer
Correct answer: B. Devyani International Limited

The Competition Commission of India approved the merger of Sapphire Foods India Limited with and into Devyani International Limited, along with certain related transactions placed before it as one proposed combination.

Q426.Government SchemesMedium

On which portal are NMMSS applications submitted, and what must a student complete there before applying?

  1. A.National Scholarship Portal, after a One-Time Registration
  2. B.DigiLocker, after an Aadhaar seeding request
  3. C.UDISE Plus, after a school enrolment entry
  4. D.SWAYAM, after a course registration
Show answer
Correct answer: A. National Scholarship Portal, after a One-Time Registration

Applications for the scheme are filed on the National Scholarship Portal, usually shortened to NSP, which has been open to student applications since 1 June 2026 for this academic year, and a student must first finish the One-Time Registration, or OTR, on the portal before the scholarship form can be…

Q428.Government SchemesEasy

How much does a student selected under NMMSS receive every year?

  1. A.Rs 6,000
  2. B.Rs 10,000
  3. C.Rs 12,000
  4. D.Rs 15,000
Show answer
Correct answer: C. Rs 12,000

A student picked under the scheme and studying in a state government school, a government-aided school or a school run by a local self government is paid this sum each year, and the money reaches the student's own bank account through Direct Benefit Transfer, so no middle office handles it.

Q429.Government SchemesEasy

What is the extended last date for submitting applications under the National Means-cum-Merit Scholarship Scheme for the academic year 2026-27?

  1. A.31 October 2026
  2. B.15 November 2026
  3. C.30 November 2026
  4. D.15 December 2026
Show answer
Correct answer: B. 15 November 2026

The Ministry of Education pushed the closing date for NMMSS applications for the academic year 2026-27 to this day so that eligible students get more time on the National Scholarship Portal and the officers concerned can finish their checks on schedule.

Q430.NationalMedium

What was the purpose of the online digital poll conducted among participants at the Clean Delhi workshop?

  1. A.To elect office bearers of the sanitation staff association
  2. B.To identify the key challenges affecting cleanliness in Delhi
  3. C.To rank wards for a municipal cleanliness award
  4. D.To decide the location of new waste-to-energy plants
Show answer
Correct answer: B. To identify the key challenges affecting cleanliness in Delhi

The poll produced feedback on operational gaps, citizen behaviour, service delivery difficulties and the openings for improvement, which is exactly the material planners need if solutions are to work on the ground.

Q431.NationalHard

Which of the following bodies was represented at the Clean Delhi workshop by senior officials?

  1. A.Only the Municipal Corporation of Delhi
  2. B.NDMC, MCD and DDA
  3. C.Only the New Delhi Municipal Council
  4. D.Delhi Jal Board and Delhi Metro Rail Corporation
Show answer
Correct answer: B. NDMC, MCD and DDA

The correct answer is NDMC, MCD and DDA, that is the New Delhi Municipal Council, the Municipal Corporation of Delhi and the Delhi Development Authority, whose senior officials took part along with officers of the Ministry of Housing and Urban Affairs.

Q432.NationalMedium

In the context of urban sanitation discussed at the Clean Delhi workshop, what does the abbreviation GVP stand for?

  1. A.Garbage Vulnerable Points
  2. B.Green Verification Protocol
  3. C.Gross Vehicle Parking
  4. D.Garbage Volume Projection
Show answer
Correct answer: A. Garbage Vulnerable Points

These are the spots in a city where waste keeps accumulating however often it is cleared, and tackling such recurring points was one of the ten critical questions the workshop was built around, along with measures to stop littering and to keep waste out of water bodies.

Q433.NationalMedium

The workshop 'Planning a Shared Roadmap for Clean Delhi' was organised by which department, in collaboration with Swachh Bharat Mission-Urban?

  1. A.Department of Capital Development, Ministry of Housing and Urban Affairs
  2. B.Department of Drinking Water and Sanitation, Ministry of Jal Shakti
  3. C.Department of Urban Development, Government of Delhi
  4. D.Department of Administrative Reforms and Public Grievances
Show answer
Correct answer: A. Department of Capital Development, Ministry of Housing and Urban Affairs

It held the workshop together with Swachh Bharat Mission-Urban, and its Secretary, Ms D. Thara, addressed the gathering along with senior officials of the New Delhi Municipal Council, the Municipal Corporation of Delhi, the Delhi Development Authority and the ministry.

Q437.NationalMedium

Who is the President of the Indian Institute of Public Administration, in whose presence its 72nd Annual General Body Meeting was addressed?

  1. A.The President of India
  2. B.The Vice President of India, Shri C. P. Radhakrishnan
  3. C.Dr Jitendra Singh
  4. D.The Cabinet Secretary
Show answer
Correct answer: B. The Vice President of India, Shri C. P. Radhakrishnan

The correct answer is the Vice President of India, Shri C. P. Radhakrishnan, who holds the office of President of the Indian Institute of Public Administration and was present when the 72nd Annual General Body Meeting was addressed.

Q438.EconomyHard

Which of these is NOT among the stated aims of extending the cotton import duty exemption?

  1. A.Augmenting cotton availability for the domestic textile sector
  2. B.Supporting Micro, Small and Medium Enterprises
  3. C.Raising the minimum support price paid to cotton growers
  4. D.Promoting value addition across the textile and apparel chain
Show answer
Correct answer: C. Raising the minimum support price paid to cotton growers

The exemption is an import measure and has nothing to do with the price assured to farmers, although the government has said it remains conscious of farmers' interests while taking such steps.

Q440.EconomyMedium

Which department notified the extension of the customs duty exemption on cotton imports?

  1. A.Department of Revenue, Ministry of Finance
  2. B.Department of Commerce, Ministry of Commerce and Industry
  3. C.Department of Agriculture and Farmers Welfare
  4. D.Office of the Textile Commissioner, Ministry of Textiles
Show answer
Correct answer: A. Department of Revenue, Ministry of Finance

Customs duty is a tax, so changes to it are notified by the revenue side of the Finance Ministry, in this case through a customs notification dated the end of October.