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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

Q5161.Indian EconomyMedium

A sustained rise in the production of capital goods within the IIP is generally read as a sign of:

  1. A.Rising consumer demand for everyday items
  2. B.A revival of investment activity in the economy
  3. C.Improving export competitiveness
  4. D.Rising inflation in industrial goods
Show answer
Correct answer: B. A revival of investment activity in the economy

Capital goods are machines, plant and equipment that are bought not to be consumed but to produce other goods, and a firm orders them only when it expects demand to grow enough to justify adding capacity.

Q5162.Indian EconomyEasy

The Index of Industrial Production is best described as:

  1. A.A price index of industrial goods
  2. B.A volume index of industrial output
  3. C.An index of employment in industry
  4. D.An index of the profits of industrial firms
Show answer
Correct answer: B. A volume index of industrial output

The IIP compares the physical quantity of goods produced in a month with the quantity produced in the base year, taking a weighted average of those quantity relatives, so it rises only when more is actually made and is untouched by a change in prices.

Q5163.Indian EconomyHard

Under the use-based classification of the Index of Industrial Production, which category carries the largest weight?

  1. A.Capital goods
  2. B.Primary goods
  3. C.Consumer durables
  4. D.Intermediate goods
Show answer
Correct answer: B. Primary goods

Primary goods in this classification are the output of mining, crude oil and natural gas extraction and electricity generation, that is goods that enter production before any manufacturing has been done to them, so the category naturally carries the largest share.

Q5165.Indian EconomyMedium

Which of the eight core industries carries the lowest weight in the core sector index?

  1. A.Fertilisers
  2. B.Cement
  3. C.Natural gas
  4. D.Crude oil
Show answer
Correct answer: A. Fertilisers

Fertiliser output is important for agriculture and is watched before every sowing season, but the value of the industry's production is small beside refining or steel, which is why its weight is light and a big percentage swing in fertilisers barely moves the combined index.

Q5167.Indian EconomyHard

The Index of Eight Core Industries is compiled and released by:

  1. A.The National Statistical Office
  2. B.The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade
  3. C.The Ministry of Power
  4. D.The Ministry of Coal
Show answer
Correct answer: B. The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade

The Office of the Economic Adviser, which sits in the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry, compiles the Index of Eight Core Industries and also the Wholesale Price Index, and it publishes the core sector figure every month.

Q5168.Indian EconomyMedium

The eight core industries together account for what share of the weight of the Index of Industrial Production?

  1. A.About 25 per cent
  2. B.About 33 per cent
  3. C.About 40 per cent
  4. D.About 50 per cent
Show answer
Correct answer: C. About 40 per cent

The eight core industries are the energy and basic material industries on which the rest of manufacturing depends, and because they make up two-fifths of the IIP their monthly index is read as an advance signal of what the fuller index will report a little later.

Q5171.Indian EconomyEasy

Which of the following sectors is NOT covered by the Index of Industrial Production?

  1. A.Mining
  2. B.Manufacturing
  3. C.Electricity
  4. D.Agriculture
Show answer
Correct answer: D. Agriculture

The IIP is confined to the industrial sector and has exactly three components, mining, manufacturing and electricity, which are options A, B and C. Agriculture and the whole of the services sector, which together account for the larger part of India's output, lie outside the index, and that is why…

Q5172.Indian EconomyEasy

Which organisation compiles and releases the Index of Industrial Production in India?

  1. A.Department for Promotion of Industry and Internal Trade
  2. B.National Statistical Office, Ministry of Statistics and Programme Implementation
  3. C.Reserve Bank of India
  4. D.NITI Aayog
Show answer
Correct answer: B. National Statistical Office, Ministry of Statistics and Programme Implementation

It works under the Ministry of Statistics and Programme Implementation, gathers production returns from more than a dozen source agencies spread across ministries, and publishes the IIP every month as a Quick Estimate that is revised as fuller data come in.

Q5175.Indian EconomyAsked in: UPSC Civil Services · UPSC Civil Services Exam (Prelims) 2010Easy

In the parlance of financial investments, the term 'bear' denotes

  1. A.An investor who feels that the price of a particular security is going to fall
  2. B.An investor who expects the price of particular shares to rise
  3. C.A shareholder or a bondholder who has an interest in a company, financial or otherwise
  4. D.Any lender whether by making a loan or buying a bond
Show answer
Correct answer: A. An investor who feels that the price of a particular security is going to fall

A bear expects prices to slide and therefore sells, hoping to buy the same security back cheaper, which is why a falling market is called a bear market.

Q5176.Indian EconomyAsked in: UPSC Civil Services · Official UPSC Civil Services Exam 2019 PEasy

In the context of any country, which one of the following would be considered as part of its social capital?

  1. A.The proportion of literates in the population
  2. B.The stock of its buildings, other infrastructure and machines
  3. C.The size of population in the working age group
  4. D.The level of mutual trust and harmony in the society
Show answer
Correct answer: D. The level of mutual trust and harmony in the society

Social capital means the networks, shared norms and trust that let people in a society work together, so it is measured by relationships rather than by things or numbers of people.

Q5177.Indian EconomyAsked in: UPSC Civil Services · 2020Hard

With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They apply to investment measures related to trade in both goods and services. 3. They are not concerned with the regulation of foreign investment. Select the correct answer using the code given below:

  1. A.1 and 2 only
  2. B.2 only
  3. C.1 and 3 only
  4. D.1, 2 and 3
Show answer
Correct answer: C. 1 and 3 only

Statements 1 and 3 hold while statement 2 does not, so this pairing is the right one. The Agreement on Trade-Related Investment Measures is one of the World Trade Organization agreements that came out of the Uruguay Round in 1995.

Q5178.Indian EconomyAsked in: UPSC Civil Services · 2020Medium

In which one of the following groups are all the four countries members of G20?

  1. A.Argentina, Mexico, South Africa and Turkey
  2. B.Australia, Canada, Malaysia and New Zealand
  3. C.Brazil, Iran, Saudi Arabia and Vietnam
  4. D.Indonesia, Japan, Singapore and South Korea
Show answer
Correct answer: A. Argentina, Mexico, South Africa and Turkey

All four of these countries sit in the G20, so this is the only group in which no name falls outside the forum.

Q5179.Indian EconomyAsked in: CTET · CTET July 2013 Paper - 2 Social StudiesMedium

Branding of product

  1. A.makes it more saleable.
  2. B.differentiates it from other products in the market.
  3. C.make it more attractive for customer.
  4. D.gives customer rebate on MRP.
Show answer
Correct answer: B. differentiates it from other products in the market.

A brand is the name, term, sign, symbol or design a seller gives a product so that buyers can tell it apart from everything else on the shelf.

Q5180.InternationalHard

Who is the Executive Director of the United Nations Office on Drugs and Crime, whom the Indian minister met during the Congress?

  1. A.Monika Juma
  2. B.Ghada Waly
  3. C.Amina Mohammed
  4. D.Rebeca Grynspan
Show answer
Correct answer: A. Monika Juma

The correct answer is Monika Juma, named as the Executive Director of the United Nations Office on Drugs and Crime, met by the minister to discuss cooperation against narcotics and organised crime and stronger legal and judicial partnerships.