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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

Q4663.Computer AwarenessMedium

ENIAC, the first general purpose electronic digital computer, used which component for switching?

  1. A.Transistors
  2. B.Integrated circuits
  3. C.Vacuum tubes
  4. D.Microprocessors
Show answer
Correct answer: C. Vacuum tubes

ENIAC, the Electronic Numerical Integrator and Computer, was completed in 1946 at the University of Pennsylvania by J. Presper Eckert and John Mauchly and used some eighteen thousand vacuum tubes; it was a first generation machine, filled a large room and consumed a great deal of power.

Q4664.Computer AwarenessEasy

Who is regarded as the world’s first computer programmer?

  1. A.Ada Lovelace
  2. B.Grace Hopper
  3. C.Dennis Ritchie
  4. D.Konrad Zuse
Show answer
Correct answer: A. Ada Lovelace

Ada Lovelace, the daughter of Lord Byron, worked with Charles Babbage on the Analytical Engine, and the notes she published in 1843 include a step by step sequence for computing Bernoulli numbers on it, which is recognised as the first computer program; a programming language, Ada, is named after her.

Q4666.Computer AwarenessEasy

Who is known as the Father of the Computer?

  1. A.Blaise Pascal
  2. B.Charles Babbage
  3. C.Alan Turing
  4. D.John von Neumann
Show answer
Correct answer: B. Charles Babbage

Babbage designed the Difference Engine in 1822 and then the Analytical Engine, a general purpose mechanical computer with a store for numbers, a mill for arithmetic, punched card input and printed output, which is the plan of a modern computer drawn a century before one could be built; for that…

Q4667.Computer AwarenessAsked in: SSC CHSL · 13 March, 2023, Shift 3Medium

IBM 360 was developed in which of the following generations of computers?

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

The IBM System/360, announced in 1964, was built around integrated circuits, and the integrated circuit is exactly what defines the third generation of computers; the series is also remembered for introducing a single compatible family of machines of different sizes.

Q4668.Computer AwarenessAsked in: Delhi · 7 Aug 2021, Shift 1Easy

Which generation of computer used transistor?

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

The generations of computers are named for the switching device they use, and the second generation, running from the late 1950s into the early 1960s, replaced the bulky vacuum tube with the transistor, which had been invented at Bell Laboratories in 1947.

Q4670.Indian EconomyHard

The Agreement on Trade-Related Aspects of Intellectual Property Rights, known as TRIPS, is administered by

  1. A.World Intellectual Property Organization
  2. B.World Trade Organization
  3. C.United Nations Industrial Development Organization
  4. D.International Monetary Fund
Show answer
Correct answer: B. World Trade Organization

TRIPS is one of the agreements that came out of the Uruguay Round and is administered by the WTO; it lays down minimum standards for patents, copyright, trademarks and geographical indications, and it is enforceable through the WTO dispute settlement system, which is what makes it different from earlier treaties.

Q4671.Indian EconomyMedium

Which is the highest decision-making body of the World Trade Organization?

  1. A.General Council
  2. B.Ministerial Conference
  3. C.Dispute Settlement Body
  4. D.Secretariat headed by the Director-General
Show answer
Correct answer: B. Ministerial Conference

It is composed of the trade ministers of all member countries, meets at least once every two years and may take decisions on any matter covered by the WTO agreements; the first conference was held at Singapore in 1996 and the one at Doha in 2001 launched the Doha Development…

Q4673.Indian EconomyMedium

Which arm of the World Bank Group is known as its soft loan window, giving interest free credits to the poorest countries?

  1. A.IBRD
  2. B.IFC
  3. C.IDA
  4. D.MIGA
Show answer
Correct answer: C. IDA

The correct answer is C, the IDA, the International Development Association, founded in 1960 to lend to the poorest countries on concessional terms, that is interest free credits and grants with long repayment periods, which is why it is called the soft loan window of the World Bank.

Q4674.Indian EconomyMedium

The World Economic Outlook report is published by which organisation?

  1. A.World Bank
  2. B.International Monetary Fund
  3. C.World Trade Organization
  4. D.Asian Development Bank
Show answer
Correct answer: B. International Monetary Fund

The World Economic Outlook is the IMF's survey of the world economy, carrying growth, inflation and current account projections for its member countries, and the Fund also publishes the Global Financial Stability Report and the Fiscal Monitor.

Q4675.Indian EconomyMedium

The World Trade Organization replaced which earlier arrangement?

  1. A.General Agreement on Tariffs and Trade
  2. B.United Nations Conference on Trade and Development
  3. C.International Trade Centre
  4. D.Organisation for Economic Cooperation and Development
Show answer
Correct answer: A. General Agreement on Tariffs and Trade

GATT was signed in 1947 by twenty three countries, India among them, and came into force on 1 January 1948 as a treaty with a small secretariat rather than a full organisation.

Q4678.Indian EconomyEasy

The International Monetary Fund and the World Bank were planned at which conference?

  1. A.Bretton Woods Conference, 1944
  2. B.Yalta Conference, 1945
  3. C.Marrakesh Conference, 1994
  4. D.Doha Conference, 2001
Show answer
Correct answer: A. Bretton Woods Conference, 1944

In July 1944 delegates of forty four allied nations, including India, met at Bretton Woods in New Hampshire in the United States and agreed to create the International Monetary Fund for monetary cooperation and the International Bank for Reconstruction and Development for reconstruction lending, which is why the two are…

Q4679.Indian EconomyAsked in: RRB NTPC · 13 Aug 2025, Shift 3Easy

India has been a World Trade Organization (WTO) member since _____.

  1. A.2005
  2. B.2000
  3. C.1995
  4. D.1990
Show answer
Correct answer: C. 1995

The World Trade Organization came into being on 1 January 1995 as the successor to the General Agreement on Tariffs and Trade, and India, which had been a party to GATT since 1948, became a member of the WTO on that very first day, which makes it a founding member.

Q4680.Indian PolityMedium

Which law deals with the actual conduct of elections, corrupt practices, electoral offences and election petitions?

  1. A.Representation of the People Act, 1950
  2. B.Representation of the People Act, 1951
  3. C.Election Symbols (Reservation and Allotment) Order, 1968
  4. D.Delimitation Act, 2002
Show answer
Correct answer: B. Representation of the People Act, 1951

Parliament passed it under Article 327 to govern the conduct of elections: the qualifications and disqualifications of candidates, the nomination and the security deposit, corrupt practices such as bribery and undue influence, electoral offences, the filling of casual vacancies by by-election and the trial of election petitions by the High…