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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

Q883.EconomyEasy

The Khadi and Village Industries Commission (KVIC) works under which Union ministry?

  1. A.Ministry of Textiles
  2. B.Ministry of Rural Development
  3. C.Ministry of Micro, Small and Medium Enterprises
  4. D.Ministry of Commerce and Industry
Show answer
Correct answer: C. Ministry of Micro, Small and Medium Enterprises

KVIC is the commission placed under that ministry, and its chairman Manoj Goel spoke in that capacity when he put the khadi and village industries sector's turnover above Rs 1.87 lakh crore with employment of more than 2.04 crore people.

Q884.EconomyEasy

What was the turnover of India's khadi and village industries sector in the 2025-26 financial year, as stated by KVIC?

  1. A.More than Rs 1.34 lakh crore
  2. B.More than Rs 1.87 lakh crore
  3. C.More than Rs 2.04 lakh crore
  4. D.More than Rs 2.51 lakh crore
Show answer
Correct answer: B. More than Rs 1.87 lakh crore

The Khadi and Village Industries Commission said the sector's turnover crossed that mark in the 2025-26 financial year, and that the same year it gave work to more than 2.04 crore people.

Q885.InternationalMedium

Which trade agreement formed the backdrop to Piyush Goyal's talks in the Netherlands?

  1. A.India-EFTA Trade and Economic Partnership Agreement
  2. B.India-UK Free Trade Agreement
  3. C.India-EU Free Trade Agreement
  4. D.Regional Comprehensive Economic Partnership
Show answer
Correct answer: C. India-EU Free Trade Agreement

The minister's tour of the Port of Rotterdam was explicitly placed in the context of that agreement, which is expected to create significant new opportunities for Indian exporters; the world-class ports of the Netherlands, its logistics infrastructure and its connectivity with European markets can then help in handling larger trade…

Q886.InternationalEasy

Which portfolio does Piyush Goyal hold, as seen in his Netherlands engagements?

  1. A.External Affairs
  2. B.Commerce and Industry
  3. C.Finance
  4. D.Ports, Shipping and Waterways
Show answer
Correct answer: B. Commerce and Industry

Piyush Goyal is the Union Minister of Commerce and Industry, and in that capacity he began a visit to the Netherlands aimed at strengthening economic ties, exploring fresh avenues for trade and investment, and deepening engagement with the Indian community.

Q887.InternationalEasy

Which port, visited by Piyush Goyal, is Europe's largest and a gateway for Indian goods to the European market?

  1. A.Port of Hamburg
  2. B.Port of Antwerp
  3. C.Port of Rotterdam
  4. D.Port of Le Havre
Show answer
Correct answer: C. Port of Rotterdam

The Union Minister of Commerce and Industry toured it with its Chief Executive Officer, Boudewijn Siemons, on the first day of his visit to the Netherlands, and the port is described as the largest in Europe, a gateway for Indian goods entering the European market and a key hub for…

Q888.InternationalMedium

In which Korean city did Sarbananda Sonowal open his visit and is he to attend the World Maritime Day ministerial roundtable?

  1. A.Seoul
  2. B.Incheon
  3. C.Busan
  4. D.Ulsan
Show answer
Correct answer: C. Busan

Sarbananda Sonowal opened his four-day South Korea visit in Busan, which he called the hub of the Korean maritime industry, with an interaction with Indian professionals working in Korean shipbuilding, and the same city is to host the ministerial roundtable for World Maritime Day in which he will take part…

Q891.Indian EconomyAsked in: CDS · CDS-I 2025, GKEasy

Core inflation is :

  1. A.CPI headline inflation minus all non-food items
  2. B.WPI inflation minus all food and non-food items
  3. C.CPI headline inflation minus food and energy items
  4. D.WPI inflation minus food and energy items
Show answer
Correct answer: C. CPI headline inflation minus food and energy items

Core inflation leaves out food and fuel, whose prices swing sharply with monsoons, harvests and world oil prices, so that it shows the steady, underlying trend of prices.

Q895.Banking & FinanceEasy

Which two Reserve Bank of India facilities were inaugurated at Bhubaneswar on 25 October 2026?

  1. A.A currency printing press and a note sorting centre
  2. B.A data centre and a cyber security training institute
  3. C.A regional office and a banking ombudsman office
  4. D.A coin museum and a financial literacy centre
Show answer
Correct answer: B. A data centre and a cyber security training institute

The Prime Minister inaugurated exactly these two units of the Reserve Bank of India at Bhubaneswar, the capital of Odisha, and called the occasion an important one for the state and for the country.

Q896.Summits & ConferencesHard

Which of the following was recommended by the session on Model Municipal Law at the National Urban Conclave 2026?

  1. A.Empowering Mayors with five-year tenures and clearly defined executive powers
  2. B.Abolishing Ward and Zonal Committees in large cities
  3. C.Transferring municipal water supply to the Union Government
  4. D.Ending self-certification in building approvals
Show answer
Correct answer: A. Empowering Mayors with five-year tenures and clearly defined executive powers

The session on Model Municipal Law recommended exactly that, together with stronger devolution of municipal functions, better coordination with parastatal agencies, more fiscal autonomy and own-source revenues, adequate technical staffing and a revision of the Model Municipal Law, 2003 through state-level consultations.

Q897.Summits & ConferencesMedium

The Japan International Cooperation Agency (JICA) signed a memorandum of understanding at the National Urban Conclave 2026 with which Indian organisation?

  1. A.Central Public Works Department (CPWD)
  2. B.All India Council for Technical Education (AICTE)
  3. C.Central Public Health and Environmental Engineering Organisation (CPHEEO)
  4. D.NITI Aayog
Show answer
Correct answer: C. Central Public Health and Environmental Engineering Organisation (CPHEEO)

The memorandum of understanding signed with JICA strengthens technical cooperation in promoting the circular use of treated used water, which is the same theme as the Used Water Marketplace opened under AMRUT 2.0 on that day.

Q900.NationalHard

Which frequency band is exempt from the licensing requirement for personal mobile radios in India?

  1. A.433.0 to 434.8 MHz
  2. B.446.0 to 446.2 MHz
  3. C.865.0 to 867.0 MHz
  4. D.2400 to 2483.5 MHz
Show answer
Correct answer: B. 446.0 to 446.2 MHz

Under the rules of 2018 on the use of low power and very low power short range radio frequency devices, personal mobile radios working within this narrow band are exempt from the requirement of a licence, subject to the conditions laid down.