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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

Q6061.Science & TechnologyMedium

How many nanomedicine research projects is the Department of Biotechnology supporting, and with what amount?

  1. A.120 projects with Rs 210 crore
  2. B.210 projects with Rs 174 crore
  3. C.174 projects with Rs 210 crore
  4. D.310 projects with Rs 240 crore
Show answer
Correct answer: B. 210 projects with Rs 174 crore

The minister gave these numbers while setting out how the government funds nanomedicine, and said the work covers targeted drug delivery, cancer nanomedicine, infectious-disease nanomedicine, nucleic-acid and vaccine delivery, nano-diagnostics and imaging, regenerative medicine, wound healing and nanotoxicology with regulatory science.

Q6062.Science & TechnologyEasy

Where was the World Congress on Nanomedicine 2026 inaugurated?

  1. A.Bharat Mandapam, New Delhi
  2. B.Vigyan Bhawan, New Delhi
  3. C.Vigyan Bhawan, Mumbai
  4. D.Indian Institute of Science, Bengaluru
Show answer
Correct answer: B. Vigyan Bhawan, New Delhi

The meeting is hosted by the Institute of Nano Medical Sciences of the Faculty of Medical Sciences at the University of Delhi, which is why the capital is the venue.

Q6063.NationalHard

Diesel consumption by Indian Railways came down to how many crore litres in 2024-25, according to the figures cited at Sabarmati?

  1. A.293 crore litres
  2. B.205 crore litres
  3. C.150 crore litres
  4. D.108 crore litres
Show answer
Correct answer: D. 108 crore litres

The Home Minister said the railways burnt 293 crore litres of diesel in 2015-16 and that the quantity had come down to 108 crore litres by 2024-25, a fall he linked to the spread of electric traction and one he felt received little notice.

Q6068.Indian EconomyAsked in: SSC MTS · 18 Oct 2021, Shift 3Easy

What is the full form of SIDBI?

  1. A.Small Industries Development Bank of India
  2. B.Small Investment Development Bank of India
  3. C.Service Industries Development Bank of India
  4. D.Service Investment Development Bank of India
Show answer
Correct answer: A. Small Industries Development Bank of India

SIDBI is the apex institution for micro, small and medium enterprises. It was set up in 1990 under an Act of Parliament, began work on 2 April that year, and has its head office at Lucknow.

Q6069.Indian EconomyAsked in: SSC MTS · 6 Oct 2021, Shift 2Medium

Which of the following is NOT a public sector insurance company?

  1. A.United India Insurance Company
  2. B.The New India Assurance Company Limited
  3. C.SBI Life Insurance
  4. D.General Insurance Corporation of India
Show answer
Correct answer: C. SBI Life Insurance

It is a private sector joint venture, not a public sector insurer. SBI Life was set up in 2001 as a partnership between the State Bank of India and BNP Paribas Cardif of France.

Q6070.Banking & Financial AwarenessAsked in: SSC MTS · 26 Oct 2021, Shift 3Easy

Which aspect of the financial system do the Basel Norms focus on?

  1. A.Insurance
  2. B.Banking
  3. C.Share market
  4. D.Commodity market
Show answer
Correct answer: B. Banking

The Basel Norms are international standards for banking supervision. They are issued by the Basel Committee on Banking Supervision, which works under the Bank for International Settlements at Basel in Switzerland.

Q6071.Indian EconomyAsked in: SSC MTS · 21 August 2019, Shift 3Easy

Which agency is responsible for regulation of Stock market in India?

  1. A.RERA
  2. B.NABARD
  3. C.IRDA
  4. D.SEBI
Show answer
Correct answer: D. SEBI

The Securities and Exchange Board of India regulates the securities market and protects investors. SEBI was set up as a non-statutory body in 1988 and was given statutory powers by the SEBI Act of 1992, passed after the Harshad Mehta scam exposed how weak market supervision was.

Q6072.Static GKAsked in: SSC MTS · 5 August 2019, Shift 3Medium

The tagline of The UCO Bank is:

  1. A.Good People to bank with
  2. B.Where every individual is committed
  3. C.Honours Your Trust
  4. D.Faithful And Friendly
Show answer
Correct answer: C. Honours Your Trust

UCO Bank uses this line in its logo and advertising. UCO Bank was founded in Kolkata in 1943 as the United Commercial Bank, and the industrialist G. D. Birla was behind its creation.

Q6077.EconomyMedium

Up to what claim amount does the Bharat Maritime Insurance Pool pay out of its own reserves before the sovereign guarantee is invoked?

  1. A.USD 50 million
  2. B.USD 100 million
  3. C.USD 500 million
  4. D.USD 1.5 billion
Show answer
Correct answer: B. USD 100 million

Claims up to that level are met from the pool's accumulated reserves together with its reinsurance recoveries, and the government's guarantee is activated only once those reserves have been completely used up.

Q6078.EconomyMedium

Which body has been made the Pool Administrator of the Bharat Maritime Insurance Pool?

  1. A.General Insurance Corporation of India
  2. B.Life Insurance Corporation of India
  3. C.Insurance Regulatory and Development Authority of India
  4. D.New India Assurance Company Limited
Show answer
Correct answer: A. General Insurance Corporation of India

The correct answer is the General Insurance Corporation of India, better known as GIC Re, which has taken charge as Pool Manager and Administrator and handles the pool's day-to-day running, its performance reporting and its operational systems.

Q6080.Indian EconomyAsked in: SSC CGL · 03 Dec 2022, Shift 1Medium

If we deduct depreciation from GNP the measure of aggregate income that we obtain is called ______.

  1. A.Gross Domestic Product at market prices
  2. B.Gross Domestic Product
  3. C.Net National Product
  4. D.Personal income
Show answer
Correct answer: C. Net National Product

Gross National Product minus depreciation gives Net National Product. Depreciation is the wear and tear of machinery, buildings and other capital goods during the year.