Skip to content
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

Q5761.Banking & Financial AwarenessAsked in: SSC CHSL · 02 Aug, 2023, Shift 4Hard

Based on the recommendations of which Committee was the creation of a separate category for NBFCs operating in the microfinance sector (NBFC-MFI) done?

  1. A.Narasimhan Committee
  2. B.Malegam Committee
  3. C.Deepak Parekh Committee
  4. D.PK Mohanty Committee
Show answer
Correct answer: B. Malegam Committee

The Reserve Bank of India set up this sub committee of its Central Board under Y. H. Malegam in October 2010, after complaints of very high interest rates and harsh recovery in the microfinance business.

Q5773.EconomyEasy

CBDT has extended the due date for furnishing the return of income for Assessment Year 2026-27 in audit cases to which date?

  1. A.31 October 2026
  2. B.21 November 2026
  3. C.30 November 2026
  4. D.15 December 2026
Show answer
Correct answer: B. 21 November 2026

For the class of taxpayers who must get their accounts audited, the statutory last date to file the return of income for Assessment Year 2026-27 was 31 October 2026, and the Central Board of Direct Taxes has now pushed it forward by three weeks.

Q5774.NationalMedium

Which body is the nodal agency for the Ministry of Mines' e-waste collection campaign under Special Campaign 6?

  1. A.Geological Survey of India
  2. B.Indian Bureau of Mines
  3. C.National Institute of Rock Mechanics
  4. D.Jawaharlal Nehru Aluminium Research Development and Design Centre, Nagpur
Show answer
Correct answer: D. Jawaharlal Nehru Aluminium Research Development and Design Centre, Nagpur

It has been designated the nodal agency and is coordinating the drive with the Material Recycling Association of India, holding virtual meetings with nodal officers of the ministry's offices; more than 44 office locations have been finalised nationwide, more than 28 of them in Maharashtra.

Q5776.NationalMedium

Whose guidelines govern the Special Campaign for disposal of pending matters in central government offices?

  1. A.Department of Personnel and Training
  2. B.Cabinet Secretariat
  3. C.Department of Administrative Reforms and Public Grievances
  4. D.Department of Expenditure
Show answer
Correct answer: C. Department of Administrative Reforms and Public Grievances

DARPG began this special campaign in 2021, framing a clean India as a tribute to Mahatma Gandhi, and decided to continue it in 2022, 2023, 2024, 2025 and again in 2026; ministries implement each edition to its guidelines and report progress on the SCDPM Portal that DARPG maintains.

Q5777.NationalEasy

During which period will Special Campaign 6.0 be implemented in central government offices?

  1. A.15 August to 15 September 2026
  2. B.2 October to 31 October 2026
  3. C.1 November to 30 November 2026
  4. D.2 October to 31 December 2026
Show answer
Correct answer: B. 2 October to 31 October 2026

Ministries and departments have said that the implementation phase of Special Campaign 6.0 covers exactly that month, beginning on Gandhi Jayanti and closing at the end of October, in line with the guidelines issued by the Department of Administrative Reforms and Public Grievances.