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

Q6701.Books & AuthorsMedium

The Sanskrit grammar Ashtadhyayi was composed by whom?

  1. A.Patanjali
  2. B.Panini
  3. C.Amarasimha
  4. D.Bharata Muni
Show answer
Correct answer: B. Panini

The Ashtadhyayi, meaning the work in eight chapters, fixed the rules of Sanskrit in a set of short formulas and is admired as the earliest scientific grammar of any language, since it describes the whole language through a compact system of rules.

Q6703.Books & AuthorsMedium

Who was the author of Harshacharita and Kadambari?

  1. A.Banabhatta
  2. B.Bilhana
  3. C.Dandin
  4. D.Bhasa
Show answer
Correct answer: A. Banabhatta

The Harshacharita is a biography of his patron and one of the earliest historical biographies written in Sanskrit, while Kadambari is a romance in ornate prose and is often described as one of the first novels in any Indian language.

Q6704.Books & AuthorsMedium

Which of the following works was NOT written by Kalidasa?

  1. A.Meghaduta
  2. B.Raghuvamsha
  3. C.Mrichchhakatika
  4. D.Kumarasambhava
Show answer
Correct answer: C. Mrichchhakatika

That play, whose title means the little clay cart, was written by Shudraka, and it is unusual among Sanskrit dramas because its hero is an impoverished merchant and its plot turns on ordinary city life rather than on gods and kings.

Q6706.Awards & HonoursMedium

Which of the following statements about the Bharat Ratna is correct?

  1. A.It carries a fixed cash award along with the medallion
  2. B.It may be used as a prefix before the recipient's name
  3. C.It is conferred by the Prime Minister at Parliament House
  4. D.The recipient is given a Sanad signed by the President and a medallion
Show answer
Correct answer: D. The recipient is given a Sanad signed by the President and a medallion

A recipient of the Bharat Ratna is given a Sanad, which is a certificate signed by the President, together with the medallion, and the award is conferred at Rashtrapati Bhavan, usually a few weeks after the names are announced on the eve of Republic Day.

Q6707.Awards & HonoursMedium

Who was the first sportsperson to receive the Bharat Ratna?

  1. A.Dhyan Chand
  2. B.Milkha Singh
  3. C.Sachin Tendulkar
  4. D.Vishwanathan Anand
Show answer
Correct answer: C. Sachin Tendulkar

He became eligible because the scope of the award had been widened in December 2011 from art, literature, science and public service to any field of human endeavour, and he is also the youngest person to receive the Bharat Ratna.

Q6708.Awards & HonoursHard

The Bharat Ratna medallion is shaped like which leaf?

  1. A.Banyan leaf
  2. B.Peepal leaf
  3. C.Lotus leaf
  4. D.Mango leaf
Show answer
Correct answer: B. Peepal leaf

The Bharat Ratna medallion is made in toned bronze in the shape of a peepal leaf, with a platinum sun and the words Bharat Ratna in Devanagari on the front, and the State Emblem of India with the motto Satyameva Jayate on the back.

Q6710.Awards & HonoursHard

The Padma Awards Committee, which considers nominations each year, is headed by whom?

  1. A.The Home Minister
  2. B.The Cabinet Secretary
  3. C.The Vice President
  4. D.The Chief Justice of India
Show answer
Correct answer: B. The Cabinet Secretary

The Padma Awards Committee is constituted afresh by the Prime Minister each year and is headed by the Cabinet Secretary, with the Home Secretary, the Secretary to the President and a number of eminent persons as members.

Q6715.Awards & HonoursMedium

Who were the first recipients of the Bharat Ratna in 1954?

  1. A.Jawaharlal Nehru, Sardar Patel and Rajendra Prasad
  2. B.C. Rajagopalachari, S. Radhakrishnan and C. V. Raman
  3. C.B. R. Ambedkar, C. V. Raman and Zakir Husain
  4. D.Lal Bahadur Shastri, Indira Gandhi and C. Rajagopalachari
Show answer
Correct answer: B. C. Rajagopalachari, S. Radhakrishnan and C. V. Raman

All three were honoured in 1954, the first year of the award. Rajagopalachari was the last Governor-General of India, Radhakrishnan was a philosopher who later became President, and Raman was the physicist who discovered the effect that carries his name.

Q6720.Indian EconomyMedium

Gross domestic product is the value of which of the following?

  1. A.All goods and services, final and intermediate, produced in a country in a year
  2. B.All final goods and services produced within a country in a year
  3. C.All goods exported by a country in a year
  4. D.All goods produced by the citizens of a country anywhere in the world
Show answer
Correct answer: B. All final goods and services produced within a country in a year

Gross domestic product is the money value of all final goods and services produced within the boundaries of a country during a year, counted sector by sector.