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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

Q543.NationalMedium

Under which law were the two persons connected with the clandestine laboratory arrested?

  1. A.Narcotic Drugs and Psychotropic Substances Act, 1985
  2. B.Prevention of Money Laundering Act, 2002
  3. C.Unlawful Activities (Prevention) Act, 1967
  4. D.Customs Act, 1962
Show answer
Correct answer: A. Narcotic Drugs and Psychotropic Substances Act, 1985

The two persons associated with the secret manufacturing facility in Jalaun were arrested under its provisions, which cover the production, possession, sale and transport of narcotic drugs and psychotropic substances.

Q546.NationalMedium

Where is the international conference on 'Buddhism: Dissemination in the Himalayan Region and Beyond' being held on 2 November 2026?

  1. A.Golden Pagoda, Namsai
  2. B.Kalawangpo Convention Hall, Tawang
  3. C.TGL Monastery, Bomdila
  4. D.National Museum, New Delhi
Show answer
Correct answer: B. Kalawangpo Convention Hall, Tawang

The International Buddhist Confederation and the Government of Arunachal Pradesh are holding the conference there on 2 November 2026, bringing together monks, scholars and delegates from India, Nepal, Sri Lanka, Myanmar, Malaysia, Indonesia and Germany around three themes: carrying the legacy of the Buddha forward after the Mahaparinirvana, the historical…

Q548.NationalEasy

In which state are the Holy Relics of Lord Buddha being exposed for public veneration from 31 October 2026?

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

The Ministry of Culture is holding the exposition of the Holy Relics of Shakyamuni Buddha in that state from 31 October to 21 November 2026, at three centres of Buddhist faith: Tawang Monastery, the TGL Monastery Lower Gompa in Bomdila and the Golden Pagoda at Namsai.

Q550.NationalMedium

Who presides over the newly notified National Social Security Board for Unorganised Workers and Gig and Platform Workers?

  1. A.The Prime Minister
  2. B.The Union Minister for Labour and Employment
  3. C.The Union Finance Minister
  4. D.The Secretary of the Ministry of Labour and Employment
Show answer
Correct answer: B. The Union Minister for Labour and Employment

The notification says plainly that the Board will be presided over by the Union Minister holding the Labour and Employment portfolio, which places political responsibility for the welfare of unorganised, gig and platform workers at the top of the body itself.

Q551.NationalEasy

The National Social Security Board for Unorganised Workers and Gig and Platform Workers has been constituted under which law?

  1. A.Code on Wages
  2. B.Industrial Relations Code
  3. C.Code on Social Security
  4. D.Occupational Safety, Health and Working Conditions Code
Show answer
Correct answer: C. Code on Social Security

When the Ministry of Labour and Employment notified the constitution of the National Social Security Board for Unorganised Workers and Gig and Platform Workers, it stated that the Board stands established under the statutory framework of the Code on Social Security, which is one of the Labour Codes.

Q553.EconomyMedium

Under which category of public sector enterprise is the National Small Industries Corporation classified?

  1. A.Maharatna
  2. B.Navratna
  3. C.Schedule 'A' Mini Ratna
  4. D.Schedule 'C' undertaking
Show answer
Correct answer: C. Schedule 'A' Mini Ratna

The National Small Industries Corporation Limited is described as a Schedule 'A' Mini Ratna company, and it functions under the Ministry of Micro, Small and Medium Enterprises, whose two ministers received its dividend for the year.

Q554.EconomyEasy

How much dividend did the National Small Industries Corporation present to the Government of India for the financial year 2025-26?

  1. A.Rs 29.40 crore
  2. B.Rs 47.76 crore
  3. C.Rs 112.50 crore
  4. D.Rs 159 crore
Show answer
Correct answer: B. Rs 47.76 crore

The Chairman-cum-Managing Director of the corporation, Dr Subhransu Sekhar Acharya, presented a dividend of that amount on 28 October 2026 to the Union Minister for Micro, Small and Medium Enterprises, Jitan Ram Manjhi, and the Minister of State, Shobha Karandlaje, with the Secretary of the ministry, Bharat Khera, and senior…

Q557.Banking & FinanceMedium

Which body was empowered by the Cabinet Committee on Economic Affairs to decide procedural issues and allow deviations in strategic disinvestment, and so fixed the best offer round for IDBI Bank?

  1. A.The Securities and Exchange Board of India
  2. B.The Core Group of Secretaries on Disinvestment
  3. C.The Reserve Bank of India
  4. D.The Department of Financial Services
Show answer
Correct answer: B. The Core Group of Secretaries on Disinvestment

The Finance Ministry's clarification explains that DIPAM has no internal procedure for the situation in which the highest financial bid comes in below the reserve price, and that the Cabinet Committee on Economic Affairs, in its meeting of 16 August 2017, approved a note on the procedure and mechanism for…

Q558.EconomyMedium

Which textile park did Piyush Goyal describe as the first fully functional PM MITRA park?

  1. A.Kakatiya Mega Textile Park, Warangal
  2. B.Zaheerabad Industrial Smart City
  3. C.Navi Mumbai Integrated Textile Park
  4. D.Amravati Mega Textile Park
Show answer
Correct answer: A. Kakatiya Mega Textile Park, Warangal

Listing projects launched or supported in Telangana, the minister referred to this park in Warangal and described it as the first fully functional PM MITRA park in the country.

Q559.EconomyHard

The Motupalli Abhaya Shasana, recalled by Piyush Goyal as an early charter assuring traders of stability, was issued in 1244 by which ruler?

  1. A.Krishnadevaraya of Vijayanagara
  2. B.Ganapati Deva of the Kakatiya dynasty
  3. C.Rajaraja Chola I
  4. D.Prataparudra II of Warangal
Show answer
Correct answer: B. Ganapati Deva of the Kakatiya dynasty

While speaking about Telangana's long trading tradition, the minister recalled the Motupalli Abhaya Shasana, a maritime charter issued in 1244 by the Kakatiya ruler Ganapati Deva, which promoted stability and predictability in trade.