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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

Q662.EconomyHard

The formula used to work out the Dearness Allowance increase rests on the recommendations of which body?

  1. A.The 6th Central Pay Commission
  2. B.The 7th Central Pay Commission
  3. C.The Sixteenth Finance Commission
  4. D.The Reserve Bank of India
Show answer
Correct answer: B. The 7th Central Pay Commission

The Cabinet described the increase as being in accordance with the accepted formula, which is based on that commission's recommendations, so the percentage is arrived at mechanically rather than by negotiation.

Q664.EconomyMedium

From which date does the revised Dearness Allowance rate apply?

  1. A.1 January 2026
  2. B.1 April 2026
  3. C.1 July 2026
  4. D.1 October 2026
Show answer
Correct answer: C. 1 July 2026

The Cabinet approved the release of the additional instalment with effect from that date, which is why the employees and pensioners covered by the order also become entitled to arrears for the months that have already passed between the effective date and the date of the decision.

Q668.NationalMedium

How much revenue did SECL generate through scrap disposal under Special Campaign 6?

  1. A.About Rs 12.50 crore
  2. B.About Rs 26.17 crore
  3. C.About Rs 46.02 crore
  4. D.About Rs 72.00 crore
Show answer
Correct answer: B. About Rs 26.17 crore

South Eastern Coalfields Limited disposed of four thousand six hundred and two metric tonnes of scrap under Special Campaign 6, well above the target of three thousand three hundred metric tonnes, and that disposal earned the company revenue of roughly this amount.

Q670.EnvironmentMedium

Under which law were the two passengers carrying the reptiles arrested?

  1. A.The Wild Life (Protection) Act, 1972
  2. B.The Customs Act, 1962
  3. C.The Biological Diversity Act, 2002
  4. D.The Environment (Protection) Act, 1986
Show answer
Correct answer: B. The Customs Act, 1962

The reptiles were seized and the two Indian passengers were arrested by the Air Intelligence Unit at Trichy under the provisions of that Act, because the offence was the illegal import of goods, here live wildlife, across a customs frontier.

Q673.EconomyMedium

How much FDI do the EFTA States aim to bring into India under TEPA, and over what period?

  1. A.50 billion dollars over 10 years
  2. B.75 billion dollars over 12 years
  3. C.100 billion dollars over 15 years
  4. D.150 billion dollars over 20 years
Show answer
Correct answer: C. 100 billion dollars over 15 years

That is the investment aim written into the India-EFTA Trade and Economic Partnership Agreement, and it is paired with the facilitation of a million direct jobs in India.

Q676.NationalMedium

Which company has confirmed its intent to be the primary strategic investor in the Thoothukudi shipyard?

  1. A.Hyundai Motor India
  2. B.HD Korea Shipbuilding and Offshore Engineering
  3. C.Mitsui OSK Lines
  4. D.Cochin Shipyard Limited
Show answer
Correct answer: B. HD Korea Shipbuilding and Offshore Engineering

At the Seoul meeting it repeated its strong intent to take part as the primary strategic investor, offering its global expertise in shipyard design, construction, advanced manufacturing and operations.

Q678.Government SchemesHard

On which day was the first Tobacco-Free Youth Campaign launched?

  1. A.World Health Day, 7 April 2022
  2. B.World No Tobacco Day, 31 May 2023
  3. C.Independence Day, 15 August 2024
  4. D.Gandhi Jayanti, 2 October 2025
Show answer
Correct answer: B. World No Tobacco Day, 31 May 2023

The first Tobacco-Free Youth Campaign was launched that day, timed to coincide with the observance, and it laid the base for a focused national effort against tobacco use among young people.

Q680.Government SchemesEasy

Which ministry launched the Tobacco-Free Youth Campaign 4.0?

  1. A.Ministry of Education
  2. B.Ministry of Health and Family Welfare
  3. C.Ministry of Youth Affairs and Sports
  4. D.Ministry of Panchayati Raj
Show answer
Correct answer: B. Ministry of Health and Family Welfare

The fourth edition of the Tobacco-Free Youth Campaign is a drive of that ministry, and it was launched on 28 October 2026 by Minister of State Shri Prataprao Jadhav at ABVIMS and Dr. Ram Manohar Lohia Hospital in New Delhi.