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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

Q7101.Government SchemesMedium

The gasification scheme contributes to the target of achieving how much coal gasification capacity by 2030?

  1. A.50 million tonnes
  2. B.75 million tonnes
  3. C.100 million tonnes
  4. D.200 million tonnes
Show answer
Correct answer: C. 100 million tonnes

The release says the scheme will contribute significantly to the Government's broader objective of achieving 100 million tonnes of coal gasification capacity by 2030, which makes the pair of numbers, 100 million tonnes and the year 2030, one of the most likely items to be asked from this story.

Q7102.Government SchemesMedium

Which two companies were named by the Ministry of Coal as having applied under the gasification scheme?

  1. A.Coal India Limited and GAIL
  2. B.Talcher Fertilisers Limited and NTPC Limited
  3. C.NLC India and IOCL
  4. D.SAIL and ONGC
Show answer
Correct answer: B. Talcher Fertilisers Limited and NTPC Limited

The Ministry said it had been informed that both companies had already submitted their applications through the online portal, and it used this fact to reject the claim that the scheme had received no takers.

Q7103.Government SchemesMedium

What is the total financial outlay of the Scheme for Promotion of Surface Coal and Lignite Gasification Projects?

  1. A.₹8,500 crore
  2. B.₹37,500 crore
  3. C.₹1 lakh crore
  4. D.₹6,000 crore
Show answer
Correct answer: B. ₹37,500 crore

The Ministry of Coal states that the Union Cabinet approved the scheme on 13 May 2026 with that total financial outlay, and the same figure appears at the start of the clarification issued about press reports on the scheme.

Q7104.EnvironmentMedium

Under which provision must the State Biodiversity Boards use the ABS funds they receive?

  1. A.Section 21 of the Environment Protection Act
  2. B.Section 32(2) of the Biological Diversity Act, 2002
  3. C.Section 6 of the Wildlife Protection Act
  4. D.Section 15 of the Forest Conservation Act
Show answer
Correct answer: B. Section 32(2) of the Biological Diversity Act, 2002

The release states that the boards and councils are required to spend the funds on the activities listed in that provision, and it lists them: documentation and updating of People's Biodiversity Registers, conservation of biological resources both in their natural habitat and outside it, restoration of degraded ecosystems, strengthening of…

Q7106.EnvironmentMedium

How much fresh Access and Benefit-Sharing money did the National Biodiversity Authority sanction to State boards and UT councils?

  1. A.₹8.23 crore
  2. B.₹82.3 crore
  3. C.₹200 crore
  4. D.₹23.8 crore
Show answer
Correct answer: A. ₹8.23 crore

The release records that the Authority sanctioned that amount in ABS proceeds to 27 State Biodiversity Boards and 5 Union Territory Biodiversity Councils, arising from access to biological resources of four vegetable crops.

Q7107.Banking & FinanceEasy

Which agency implements the Emergency Credit Line Guarantee Scheme 5.0?

  1. A.Reserve Bank of India
  2. B.Small Industries Development Bank of India
  3. C.National Credit Guarantee Trustee Company
  4. D.National Bank for Agriculture and Rural Development
Show answer
Correct answer: C. National Credit Guarantee Trustee Company

The backgrounder names it as the implementing agency and adds that borrowers must satisfy the eligibility conditions prescribed by NCGTC, including account status and other lending norms.

Q7109.Banking & FinanceMedium

What is the additional credit flow that ECLGS 5.0 aims to facilitate?

  1. A.₹1.50 lakh crore
  2. B.₹2.55 lakh crore
  3. C.₹3.68 lakh crore
  4. D.₹5 lakh crore
Show answer
Correct answer: B. ₹2.55 lakh crore

The backgrounder states that the scheme, approved on 5 May 2026 and implemented by the National Credit Guarantee Trustee Company, aims to facilitate an additional credit flow of up to that amount, and that the scheme runs till 31 March 2027 or till guarantees of the same value are issued…

Q7110.State NewsEasy

Who inaugurated the Indore Metro Priority Corridor-2?

  1. A.The Union Minister of Railways
  2. B.The Union Minister for Housing and Urban Affairs
  3. C.The Chief Minister of Madhya Pradesh
  4. D.The Union Minister of Road Transport and Highways
Show answer
Correct answer: B. The Union Minister for Housing and Urban Affairs

Metro rail in India falls under the Ministry of Housing and Urban Affairs, and the release records that the Minister inaugurated the corridor in the presence of the Chief Minister of Madhya Pradesh.

Q7112.State NewsMedium

The Indore Metro Priority Corridor-2 inaugurated on 5 September 2026 runs between which two points?

  1. A.Super Corridor-3 and Malviya Nagar Chauraha
  2. B.Rajwada and Vijay Nagar
  3. C.Super Corridor-3 and Rajwada
  4. D.Gandhi Nagar and Bhawarkuan
Show answer
Correct answer: A. Super Corridor-3 and Malviya Nagar Chauraha

The release describes the newly inaugurated Phase-I (Reach-II) as a stretch of about 11 km with 11 stations running from Super Corridor-3 to Malviya Nagar Chauraha, developed at an estimated cost of ₹2,850 crore.

Q7114.Government SchemesMedium

Special Campaign 3 for redressal of pension grievances ran between which dates?

  1. A.1 July 2026 to 30 September 2026
  2. B.7 July 2026 to 31 August 2026
  3. C.2 October 2026 to 31 October 2026
  4. D.1 April 2026 to 31 August 2026
Show answer
Correct answer: B. 7 July 2026 to 31 August 2026

The Department of Pension and Pensioners' Welfare started Special Campaign 3 on the earlier of those dates, for the timely and qualitative redressal of long-pending pension grievances, claims and issues, and the campaign concluded on the later one.

Q7116.EnvironmentMedium

Which ministry is the nodal ministry for implementing the National Policy on Geothermal Energy?

  1. A.Ministry of Petroleum and Natural Gas
  2. B.Ministry of Earth Sciences
  3. C.Ministry of New and Renewable Energy
  4. D.Ministry of Power
Show answer
Correct answer: C. Ministry of New and Renewable Energy

The backgrounder states that the Government notified the National Policy on Geothermal Energy in September 2025 and that this ministry is the nodal ministry for its implementation.

Q7118.EnvironmentMedium

Where were India's first two geothermal wells commissioned?

  1. A.Tattapani, Chhattisgarh
  2. B.Puga Valley, Ladakh
  3. C.Manikaran, Himachal Pradesh
  4. D.Ankleshwar, Gujarat
Show answer
Correct answer: B. Puga Valley, Ladakh

The backgrounder records that the ONGC Energy Centre commissioned the country's first two geothermal wells there in July 2026. The valley lies at over 14,000 feet above sea level, is known for its hot springs and underground heat reserves, and is among India's most promising geothermal sites.