IBPS GK Questions 2026

PBSHABD is its free news feed, and the very name carries the parent body in it, since it expands to Prasar Bharati - Shared Audio-Visuals for Broadcast and Dissemination.

The support is deliberately paid month by month over the same six months that now make up the minimum placement period, so that the money helps a candidate stay in a new job and a new city rather than arriving as one lump sum.

The Ministry of Rural Development started the scheme on that date to give placement-linked skill training to youth of 15 to 35 years from poor rural households, and the scheme is marking its twelfth anniversary this year.

Under the earlier design of the scheme a placement counted only when the trained candidate held continuous employment for at least three months, so option A states the old rule and not the present one.

Per capita income is the average income of a person in a year, found by dividing national income by the entire population, including children and those who do not work.

The National Statistical Office, formed by merging the Central Statistical Office with the National Sample Survey Office, prepares the national accounts under the Ministry of Statistics and Programme Implementation.

Exports are goods produced at home and sold abroad, so they belong in domestic production. Imports are produced abroad but are already included in the spending of households, firms and government, so they must be taken out to leave only what the country itself produced.

The deflator compares what the year's output costs at this year's prices with what the same output would cost at base year prices, so nominal GDP goes on top and real GDP below, and the ratio is expressed as a percentage.

When output of every year is valued at the same fixed set of prices, any change in the total must come from a change in the quantity produced.

A market price contains the indirect taxes the buyer pays, which never reach the producer, so they must be taken out.

The committee was appointed in 1949 to prepare official estimates of national income after independence, and it submitted its final report in 1954.

He made the earliest estimate of India's national income in the nineteenth century and used it to argue that British rule was draining wealth out of the country, putting the average income at about twenty rupees a person a year.

Machines, buildings and vehicles wear out as they are used, and the value of that wear and tear must be set aside if the country is to keep its capital intact.

Net factor income from abroad is the income residents earn outside the country minus the income foreigners earn inside it.

GDP measures production inside the borders of a country in one accounting year, whoever the producer may be. A foreign firm making cars in India adds to India's GDP, because the test is the place of production and not the nationality of the producer.

Prathama Bank, the first Regional Rural Bank of India, opened on 2 October 1975 with its head office at Moradabad in Uttar Pradesh, sponsored by Syndicate Bank.

Under the Coinage Act 2011 the Government of India alone has the right to mint coins, and the work is handled by the Department of Economic Affairs in the Ministry of Finance.

A hawkish stance means the central bank treats inflation as its first enemy and is ready to raise interest rates and tighten money supply, even at some cost to growth.

Monetary policy, the control of money supply and interest rates to keep prices stable, is the job of the central bank, the RBI, set up on 1 April 1935 under the RBI Act 1934 and nationalised on 1 January 1949.

The rupee sign blends the Devanagari letter "र" (Ra) with the Roman capital "R" with its vertical stem removed, so that it reads as an Indian letter and an international one at the same time.