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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

Q5141.Books & AuthorsMedium

The Dnyaneshwari, written by Sant Dnyaneshwar, is a commentary in Marathi on which text?

  1. A.The Bhagavad Gita
  2. B.The Ramayana
  3. C.The Rigveda
  4. D.The Arthashastra
Show answer
Correct answer: A. The Bhagavad Gita

Written in the thirteenth century and also called the Bhavartha Dipika, the Dnyaneshwari explains the Gita verse by verse in Marathi poetry, and its importance lies in taking scripture out of Sanskrit and placing it before ordinary readers, which laid the foundation of the Varkari devotional tradition.

Q5142.Books & AuthorsEasy

The Bengali novel Devdas was written by:

  1. A.Bibhutibhushan Bandyopadhyay
  2. B.Kazi Nazrul Islam
  3. C.Sarat Chandra Chattopadhyay
  4. D.Tarashankar Bandyopadhyay
Show answer
Correct answer: C. Sarat Chandra Chattopadhyay

Devdas, the story of a young man ruined by his own indecision and by the rigidity of the society around him, is the most often filmed of all Indian novels, and its author also wrote Parineeta, Srikanta and Palli Samaj.

Q5144.Books & AuthorsEasy

The novel Anandamath, which contains the song Vande Mataram, was written by:

  1. A.Rabindranath Tagore
  2. B.Sarat Chandra Chattopadhyay
  3. C.Bankim Chandra Chattopadhyay
  4. D.Michael Madhusudan Dutt
Show answer
Correct answer: C. Bankim Chandra Chattopadhyay

He published Anandamath in 1882, and the song Vande Mataram that appears in it became the rallying cry of the freedom movement and was adopted as the national song of India; his other well-known works are Durgeshnandini, Kapalkundala and Devi Chaudhurani.

Q5145.Books & AuthorsAsked in: Delhi · 19 April 2021, Shift 1Medium

In which of the following cities was the Sangam assemblies held?

  1. A.Nagapattinam
  2. B.Thiruvarur
  3. C.Thiruvallur
  4. D.Madurai
Show answer
Correct answer: D. Madurai

Tamil tradition holds that assemblies of poets, called Sangams, met under the patronage of the Pandya kings, and Madurai, the Pandya capital, is the seat remembered in the accounts that survive; the poems collected there form the oldest body of Tamil literature.

Q5146.Books & AuthorsMedium

The Tamil epic Silappadikaram, which tells the story of Kovalan and Kannagi, was composed by:

  1. A.Sattanar
  2. B.Ilango Adigal
  3. C.Thiruvalluvar
  4. D.Subramania Bharati
Show answer
Correct answer: B. Ilango Adigal

The Silappadikaram, whose name means the tale of the anklet, follows the merchant Kovalan, his wife Kannagi and the dancer Madhavi, and ends with Kannagi proving her husband's innocence before the Pandya king and bringing fire upon Madurai; she is worshipped afterwards as a goddess of chastity.

Q5148.Books & AuthorsEasy

The Tirukkural was written by:

  1. A.Thiruvalluvar
  2. B.Ilango Adigal
  3. C.Kambar
  4. D.Tolkappiyar
Show answer
Correct answer: A. Thiruvalluvar

He composed one thousand three hundred and thirty couplets arranged in one hundred and thirty-three chapters and grouped in three parts, on virtue, wealth and love; because the work preaches conduct without attaching itself to any one religion, people of every faith in the Tamil country honour it, and it…

Q5153.Indian EconomyHard

Under which scheme are pulses and oilseeds procured when their market price falls below the MSP?

  1. A.Market Intervention Scheme
  2. B.Price Support Scheme
  3. C.Price Deficiency Payment Scheme
  4. D.Open Market Sale Scheme
Show answer
Correct answer: B. Price Support Scheme

Under it, central nodal agencies, chiefly NAFED, buy pulses, oilseeds and copra at the Minimum Support Price when prices in the mandis fall below that level, and the losses are borne by the Government.

Q5154.Indian EconomyMedium

The Food Corporation of India was established in which year?

  1. A.1955
  2. B.1965
  3. C.1975
  4. D.1982
Show answer
Correct answer: B. 1965

The Food Corporation of India was set up in 1965 under the Food Corporations Act of 1964, at a time of severe food shortage, to procure food grains, maintain buffer stocks, distribute grain through the public distribution system and keep prices stable for both the farmer and the consumer.

Q5155.Indian EconomyHard

The policy of fixing MSP at not less than one and a half times the cost of production, announced in 2018, uses which cost as its base?

  1. A.A2
  2. B.A2 plus FL
  3. C.C2
  4. D.C3
Show answer
Correct answer: B. A2 plus FL

The Union Budget of 2018 announced that the Minimum Support Price would be kept at a level at least one and a half times the cost of production, and the cost used for that calculation is A2 plus FL, that is all paid-out expenses together with the imputed value of…

Q5159.Indian EconomyAsked in: Delhi · 15 Oct 2018, Shift 3Easy

Expand TPDS:

  1. A.Total Population Distributed in States
  2. B.Total Public Diverse Society
  3. C.Target People Development System
  4. D.Targeted Public Distribution System
Show answer
Correct answer: D. Targeted Public Distribution System

The public distribution system was made targeted in 1997, when households were divided into those above and those below the poverty line and the subsidy was concentrated on the poorer group.