IBPS GK Questions 2026

Under the amalgamation notified with effect from 1 April 2020, Syndicate Bank was merged into Canara Bank. Both banks had their roots in coastal Karnataka, Canara Bank at Mangaluru and Syndicate Bank at Udupi, so the merged bank kept a strong base in the same region.

New Bank of India, one of the six banks nationalised in 1980, ran into heavy losses and was amalgamated with Punjab National Bank in 1993.

The Reserve Bank of India began as a shareholders' institution in 1935 and was taken into full government ownership from 1 January 1949 under the Reserve Bank of India (Transfer to Public Ownership) Act, 1948.

On 15 April 1980 six private banks whose deposits were two hundred crore rupees or more were nationalised: Andhra Bank, Corporation Bank, New Bank of India, Oriental Bank of Commerce, Punjab and Sind Bank, and Vijaya Bank.

On 19 July 1969 the government promulgated an ordinance nationalising fourteen major commercial banks, each of which held deposits of fifty crore rupees or more.

SIDBI was set up under the Small Industries Development Bank of India Act, 1989 and began operations in 1990 as the principal financial institution for the promotion, financing and development of micro, small and medium enterprises.

The All India Rural Credit Survey Committee found that rural credit needed a bank with a nationwide branch network, so Parliament passed the State Bank of India Act, 1955, and the Imperial Bank of India was taken over and renamed the State Bank of India with effect from 1 July…

The original capital at Sarnath rests on an inverted lotus shaped like a bell, and that part was deliberately omitted from the State Emblem, which begins at the abacus.

He was a freedom fighter from the Machilipatnam region of present day Andhra Pradesh who studied flags for years and presented a design to Mahatma Gandhi at Vijayawada in 1921.

His design won a public competition and the Union Cabinet approved it on 15 July 2010.

The Saka calendar was adopted as the National Calendar with effect from 22 March 1957, which was the first of Chaitra in the Saka year 1879.

Platanista gangetica, the South Asian river dolphin of the Ganga, Brahmaputra and Meghna systems, was notified as the National Aquatic Animal in 2009.

Bankim Chandra Chatterjee composed Vande Mataram in Sanskritised Bengali and later placed it in his novel Anandamath, published in 1882, where the ascetic rebels sing it.

Rabindranath Tagore's Bengali song was sung for the first time at the Calcutta session of the Indian National Congress on 27 December 1911.

Satyameva Jayate, meaning truth alone triumphs, comes from a verse of the Mundaka Upanishad, which belongs to the Atharva Veda.

The Flag Code of India fixes the shape of the National Flag as a rectangle whose width stands to its length as two to three, so a flag six hundred millimetres in length is four hundred millimetres in height.

The Constituent Assembly adopted the tricolour on that day, a few weeks before independence, after a committee under Dr Rajendra Prasad settled the design.

The Indian elephant, Elephas maximus indicus, was declared the National Heritage Animal in 2010 on the recommendation of the Elephant Task Force, so that its protection could be given the same weight as that of the tiger.

The State Emblem of India was adopted on the day the Constitution came into force and the country became a Republic.

The Reserve Bank opened at Calcutta in 1935 and moved its central office permanently to Bombay two years later, which is where the Governor sits and where policy is announced.