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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

Q4401.Indian PolityMedium

A Bill to form a new State under Article 3 can be introduced in Parliament only

  1. A.after a resolution of the State legislature
  2. B.on the recommendation of the President
  3. C.with the consent of the Rajya Sabha
  4. D.on the recommendation of the Inter-State Council
Show answer
Correct answer: B. on the recommendation of the President

The proviso to Article 3 lays down two conditions. First, such a Bill may be introduced in either House only on the recommendation of the President.

Q4406.Indian EconomyMedium

The secretariat of SAARC is located at

  1. A.Dhaka
  2. B.Kathmandu
  3. C.Colombo
  4. D.Islamabad
Show answer
Correct answer: B. Kathmandu

The South Asian Association for Regional Cooperation was founded in 1985 at Dhaka, where its charter was signed, and its permanent secretariat was set up at Kathmandu in Nepal in 1987.

Q4407.Indian EconomyMedium

The International Monetary Fund and the World Bank were created at the conference held in 1944 at

  1. A.Geneva
  2. B.Bretton Woods
  3. C.Havana
  4. D.San Francisco
Show answer
Correct answer: B. Bretton Woods

The United Nations Monetary and Financial Conference met at Bretton Woods in New Hampshire in the United States in July 1944 and agreed to set up the International Monetary Fund and the International Bank for Reconstruction and Development, which is why the two are called the Bretton Woods twins; both…

Q4413.Indian EconomyMedium

The term BRIC was coined in 2001 by

  1. A.Amartya Sen
  2. B.Jim O'Neill
  3. C.Joseph Stiglitz
  4. D.Raghuram Rajan
Show answer
Correct answer: B. Jim O'Neill

Jim O'Neill, then an economist at Goldman Sachs, used the acronym BRIC in a paper of 2001 to describe Brazil, Russia, India and China, the four large economies he expected to grow into a major share of world output.

Q4416.Indian EconomyEasy

The G20 was established in which year?

  1. A.1991
  2. B.1995
  3. C.1999
  4. D.2008
Show answer
Correct answer: C. 1999

The Group of Twenty was formed in 1999, in the aftermath of the Asian financial crisis, as a forum where the finance ministers and central bank governors of the major advanced and emerging economies could discuss the stability of the world financial system.

Q4419.GeographyEasy

Itanagar is the capital of which State?

  1. A.Mizoram
  2. B.Manipur
  3. C.Arunachal Pradesh
  4. D.Nagaland
Show answer
Correct answer: C. Arunachal Pradesh

Itanagar, named after the Ita fort in the area, became the capital when Arunachal Pradesh was a Union territory and continued as the capital after it became a State in 1987.