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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

Q5861.Banking & Financial AwarenessEasy

In banking, CASA stands for:

  1. A.Current Account and Savings Account
  2. B.Capital Asset and Security Account
  3. C.Cash and Savings Allocation
  4. D.Credit Account and Settlement Agreement
Show answer
Correct answer: A. Current Account and Savings Account

CASA is the combined balance a bank holds in the current accounts and the savings accounts of its customers. These are the cheapest deposits a bank can have, because a current account pays no interest at all and a savings account pays very little, unlike a fixed deposit.

Q5864.Banking & Financial AwarenessAsked in: RRB Group D · 4 Dec 2018, Shift 2Hard

To improve internal control of banks, Reserve Bank of India has asked all banks to do what till 30 April 2018?

  1. A.To connect SWIFT with its Basic Banking Solution (CBS)
  2. B.To connect RTGS with their Core Banking Solution (CBS)
  3. C.To connect NEFT with its Basic Banking Solution (CBS)
  4. D.To connect MICR to their Basic Banking Solution (CBS)
Show answer
Correct answer: A. To connect SWIFT with its Basic Banking Solution (CBS)

SWIFT is the international messaging network over which banks send payment and guarantee instructions across borders.

Q5865.Banking & Financial AwarenessAsked in: Delhi · 1 Aug 2021, Shift 3Medium

Which of the following is a qualitative tool used by RBI to control money supply?

  1. A.Bank Rate
  2. B.Moral Suasion
  3. C.Open Market Operations
  4. D.Cash Reserve Ratio
Show answer
Correct answer: B. Moral Suasion

The tools of the Reserve Bank are divided into quantitative tools, which change the total amount of credit in the system, and qualitative or selective tools, which change the direction in which that credit flows.

Q5866.Banking & Financial AwarenessAsked in: Delhi · 1 Oct 2021, Shift 1Medium

Which of the following is an instrument of monetary policy used by RBI? I. SLR II. MSS III. Corridor

  1. A.I and II
  2. B.II and III
  3. C.I, II and III
  4. D.I and III
Show answer
Correct answer: C. I, II and III

All three belong to the monetary policy toolkit of the Reserve Bank of India. SLR, the Statutory Liquidity Ratio, is the part of its deposits that a bank must keep with itself in cash, gold or approved securities, and raising or lowering it changes how much a bank can lend.

Q5867.Banking & Financial AwarenessAsked in: Bihar · BPSC AE Paper 3 (General Studies) 2019Easy

In banking, the full form of RTGS is

  1. A.Rapid Transfer Gross Scheme
  2. B.Rapid Transfer Gross Settlement
  3. C.Real Time Gross Settlement
  4. D.Real Time Gross Scheme
Show answer
Correct answer: C. Real Time Gross Settlement

RTGS is the system in which a transfer instruction is settled singly and immediately, rather than being held and netted off with others.

Q5875.Sports GKMedium

How many events make up the decathlon?

  1. A.Seven
  2. B.Eight
  3. C.Ten
  4. D.Twelve
Show answer
Correct answer: C. Ten

The word decathlon is built from the Greek deca, meaning ten, and athlon, meaning contest. It is a men's combined event held over two days, and its ten disciplines take in sprints, hurdles, the middle-distance 1500 metres, jumps and throws.

Q5878.Sports GKEasy

What is the standard distance of a marathon race?

  1. A.40 km
  2. B.42.195 km
  3. C.45 km
  4. D.50 km
Show answer
Correct answer: B. 42.195 km

A marathon is run over 42.195 kilometres, which is exactly 26 miles and 385 yards. The odd figure was fixed at the London Olympics of 1908, when the course was extended to finish in front of the royal box, and it became the official distance a few years later.