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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

Q5824.Static GKEasy

The Food and Agriculture Organization of the United Nations has its headquarters in which city?

  1. A.Paris
  2. B.Rome
  3. C.Bern
  4. D.Brussels
Show answer
Correct answer: B. Rome

The Food and Agriculture Organization was founded in 1945 and works from Rome in Italy. It leads international work on food production, nutrition and rural development, publishes the State of Food Security and Nutrition in the World, and observes World Food Day on 16 October, the date of its founding.

Q5827.Static GKAsked in: SSC CPO · 24 November 2020, Shift 1Hard

Which among the following organisations releases Index of Economic Freedom?

  1. A.Heritage Foundation
  2. B.Fraser Institute
  3. C.International Monetary Fund
  4. D.World Bank
Show answer
Correct answer: A. Heritage Foundation

The Index of Economic Freedom has been published by this research organisation based at Washington DC since 1995, and it scores countries on matters such as property rights, tax burden, government spending, trade freedom and business regulation.

Q5828.Static GKAsked in: RRB JE · 24 May 2019, Shift 1Medium

Which of the following international scientific organisations approves the names of elements, symbols and unit?

  1. A.United Nations Educational, Scientific and Cultural Organization
  2. B.International Union of Pure and Applied Chemistry
  3. C.International Science Council
  4. D.International Union of Geodesy and Geophysics
Show answer
Correct answer: B. International Union of Pure and Applied Chemistry

It is the world authority on chemical nomenclature, so it approves the names and symbols of newly discovered elements, standardises the naming of compounds and maintains the recommended values of atomic weights.

Q5829.Static GKAsked in: UPSC CAPF · UPSC CAPF AC 2023 Official Paper-IMedium

Which of the following is or are not an official language of the United Nations? 1. Arabic 2. German 3. Spanish 4. Chinese. Select the correct answer using the code given below.

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

The United Nations works in six official languages, Arabic, Chinese, English, French, Russian and Spanish. Of the four names in the list, Arabic, Spanish and Chinese are all official, so only German, the second item, is not.

Q5830.Static GKAsked in: SSC GD Constable · 1 March 2019, Shift 2Medium

The Bretton Woods Agreement led to the creation of which one of the following institutions?

  1. A.United Nations
  2. B.United Nations Educational, Scientific and Cultural Organization
  3. C.International Monetary Fund
  4. D.International Labour Organization
Show answer
Correct answer: C. International Monetary Fund

The conference held in 1944 at Bretton Woods in New Hampshire in the United States set up two twin institutions, the International Monetary Fund to keep exchange rates orderly and help countries facing balance of payments difficulty, and the International Bank for Reconstruction and Development to lend for reconstruction and…

Q5832.Static GKAsked in: Bihar · BPSC AE Paper 3 (General Studies) 2012 OEasy

The headquarters of UNESCO is at

  1. A.New York
  2. B.Paris
  3. C.Geneva
  4. D.Rome
Show answer
Correct answer: B. Paris

The United Nations Educational, Scientific and Cultural Organization was founded in 1946 and works from Paris in France.

Q5835.Banking & Financial AwarenessMedium

Which account allows a non-resident Indian to keep a term deposit in a permitted foreign currency, so that there is no exchange risk for the depositor?

  1. A.NRE account
  2. B.NRO account
  3. C.FCNR (B) account
  4. D.Escrow account
Show answer
Correct answer: C. FCNR (B) account

It is a term deposit held in a permitted foreign currency such as the US dollar, pound sterling, euro or yen, for a period of one to five years, and both principal and interest are repaid in that currency, so a change in the rupee rate does not affect the…

Q5836.Banking & Financial AwarenessMedium

A deposit that remains unclaimed for ten years is transferred to which fund?

  1. A.Consolidated Fund of India
  2. B.Depositor Education and Awareness Fund
  3. C.National Investment Fund
  4. D.Financial Inclusion Fund
Show answer
Correct answer: B. Depositor Education and Awareness Fund

Under the Banking Regulation Act as amended, a bank must transfer to this fund, maintained by the Reserve Bank of India, any deposit that has not been operated or claimed for ten years.

Q5837.Banking & Financial AwarenessEasy

In which type of deposit does the customer pay a fixed instalment every month for a chosen period?

  1. A.Fixed deposit
  2. B.Recurring deposit
  3. C.Current account
  4. D.Demand draft
Show answer
Correct answer: B. Recurring deposit

In a recurring deposit the customer promises to pay a fixed sum every month for a chosen period, and the bank pays interest at a rate close to that on a term deposit of the same maturity, the whole amount being returned with interest at the end.

Q5838.Banking & Financial AwarenessMedium

What is the maximum balance that may be held in a small account opened without any officially valid document?

  1. A.Rupees ten thousand
  2. B.Rupees twenty five thousand
  3. C.Rupees fifty thousand
  4. D.Rupees one lakh
Show answer
Correct answer: C. Rupees fifty thousand

A small account is opened for a person who has no officially valid document, on the strength of a self-attested photograph and a signature or thumb impression made before a bank officer.

Q5839.Banking & Financial AwarenessEasy

Deposits in a bank in India are insured by the DICGC up to what amount for each depositor in each bank?

  1. A.Rupees one lakh
  2. B.Rupees two lakh
  3. C.Rupees five lakh
  4. D.Rupees ten lakh
Show answer
Correct answer: C. Rupees five lakh

The Deposit Insurance and Credit Guarantee Corporation, a wholly owned subsidiary of the Reserve Bank of India set up in 1978, insures deposits in commercial banks, regional rural banks, local area banks, payments and small finance banks and cooperative banks.